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	<title>Chief Social Officer (tm) &#187; Musings</title>
	<atom:link href="http://chiefsocialofficer.com/category/musings/feed/" rel="self" type="application/rss+xml" />
	<link>http://chiefsocialofficer.com</link>
	<description>- strategy leading towards connected vision -</description>
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		<title>The Amazing Power Of Belief</title>
		<link>http://chiefsocialofficer.com/the-amazing-power-of-belief/</link>
		<comments>http://chiefsocialofficer.com/the-amazing-power-of-belief/#comments</comments>
		<pubDate>Tue, 02 Jun 2009 04:06:28 +0000</pubDate>
		<dc:creator>Chief Social Officer</dc:creator>
				<category><![CDATA[CSO]]></category>
		<category><![CDATA[Future]]></category>
		<category><![CDATA[Musings]]></category>
		<category><![CDATA[Offline social]]></category>
		<category><![CDATA[Social Web]]></category>
		<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[community]]></category>
		<category><![CDATA[social media marketing]]></category>
		<category><![CDATA[facebook]]></category>
		<category><![CDATA[Forer effect]]></category>
		<category><![CDATA[linkedin]]></category>
		<category><![CDATA[orthogonal]]></category>
		<category><![CDATA[persona]]></category>
		<category><![CDATA[personality assessment]]></category>
		<category><![CDATA[philtro]]></category>
		<category><![CDATA[social]]></category>
		<category><![CDATA[social media]]></category>

		<guid isPermaLink="false">http://chiefsocialofficer.com/?p=111</guid>
		<description><![CDATA[The inspiration for this write-up is the Forer effect, which is the tendency for most people to identify with otherwise-general descriptions that are said to be about them.  In other words &#8211; if someone says we have various personality traits, we are inclined to believe them if the person says the description is truly about [...]]]></description>
			<content:encoded><![CDATA[<p><span style="font-size: small; color: #2288aa;">The inspiration for this write-up</span> is the <a href="http://en.wikipedia.org/wiki/Forer_effect">Forer effect</a>, which is the <span style="color: #3388aa;">tendency for most people to identify with otherwise-general descriptions that are said to be about them</span>.  In other words &#8211; if someone says we have various personality traits, we are inclined to believe them if the person says the description is truly about us.</p>
<p>Over 60 years ago, this effect was first verified in an experiment by psychologist Bertram Forer with some students.  He constructed a personality assessment from various horoscopes, and gave the same assessment individually to every student who took a personality test.</p>
<p>The assessment included sentences such as:</p>
<ul><span style="color: #008080;"><strong><span style="font-size: small;">At times you are extroverted, affable, and sociable, while at other times you are introverted, wary, and reserved.</span></strong></span></ul>
<p>Almost anyone can find some truth about themselves in sentences like that.  And, in repeated experiments that tendency held true.  And with social media and other online (or offline) interactions, there is perhaps the same tendency to follow the Forer effect.</p>
<p>If a social media tool analyzes our online traits and provides us with a judgement, we probably will think it must have truth in it.  After all, it&#8217;s about us, based on our own input.</p>
<p>Even knowing that an interaction is non-human, such as interacting with a &#8220;bot&#8221; of some sort (or a voice response system), we still feel that the interaction is ours alone.  But perhaps like a credit score run amok with other people&#8217;s information, we should not accept the assessment without making sure it&#8217;s not co-mingling our information with others.</p>
<p>To some extent, <em>what you believe becomes your reality</em>, and certainly our belief can get us past otherwise-overwhelming challenges.</p>
<p>If a new tool tells you that you are #1,230 of all tweeters worldwide (on Twitter), you are inclined to want to believe it.  But what if it were partly a randomly-generated number?</p>
<p><span style="color: #008080;"><strong>hmmm&#8230;.</strong></span></p>
<p>And in a perhaps <a href="http://en.wikipedia.org/wiki/Orthogonal">orthogonal</a> way, an online persona is our own <em>Forer effect</em> upon the world, and this can be bolstered using social networks.   It&#8217;s the same old technique put online: if enough people refer about someone as a visionary, then it is easier to believe to be true about that person.  And we can get others to say those nice things about us! <em>(article continues below)</em></p>
<hr width="88%" />
<p style="text-align: center;">
<ul>
<ul> <a href="http://chiefsocialofficer.com/wp-content/uploads/2009/06/your-ranking-number-01.jpg"><img class="size-full wp-image-120 alignnone" title="your ranking number 01" src="http://chiefsocialofficer.com/wp-content/uploads/2009/06/your-ranking-number-01.jpg" border="0" alt="" width="376" height="479" /></a></ul>
</ul>
<p>Sites such as <a href="http://facebook.com">Facebook</a> &amp; <a href="http://linkedin.com">LinkedIn</a>, along newer sites such as <a title="Philtro" href="http://philtro.com/">Philtro</a>, are also trying to enhance their picture of who you are via your social network, in order to provide you with more relevant information (and, of course, advertisements).</p>
<p>While this social network assessment technology is still new, over time we are likely to expect our online services to deliver us what we like, without us having to do much to filter those information &amp; media feeds.  Just say (one day) to your phone/PDA &#8211; &#8220;<span style="color: #000080;"><em>I want to watch a minute of the most interesting clips of my friend&#8217;s party last night, and after that chill out for about 30 minutes to some new music like what I heard there.  Go!</em></span>&#8221; and you just might get what you instructed.</p>
<p>And you may believe it&#8217;s been done just for <span style="color: #ffcc00;"><strong>you</strong></span>.</p>
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		<title>Your Semi-Social Visitors</title>
		<link>http://chiefsocialofficer.com/your-semi-social-visitors/</link>
		<comments>http://chiefsocialofficer.com/your-semi-social-visitors/#comments</comments>
		<pubDate>Tue, 26 May 2009 04:25:49 +0000</pubDate>
		<dc:creator>Chief Social Officer</dc:creator>
				<category><![CDATA[CSO]]></category>
		<category><![CDATA[Future]]></category>
		<category><![CDATA[Musings]]></category>
		<category><![CDATA[Social Web]]></category>
		<category><![CDATA[Strategy]]></category>
		<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[community]]></category>
		<category><![CDATA[social media marketing]]></category>
		<category><![CDATA[social viral]]></category>
		<category><![CDATA[digg]]></category>
		<category><![CDATA[facebook]]></category>
		<category><![CDATA[friends]]></category>
		<category><![CDATA[online social]]></category>
		<category><![CDATA[semi-social]]></category>
		<category><![CDATA[social networking site]]></category>
		<category><![CDATA[Twitter]]></category>

		<guid isPermaLink="false">http://chiefsocialofficer.com/?p=103</guid>
		<description><![CDATA[A lot of people won&#8217;t ever use Twitter, Facebook, Digg, or (insert your favorite social networking site here).  Don&#8217;t piss them off.  They&#8217;re visiting your website, watching your television show, or visiting your location.  And they, like all of us, bring their own expectations about social experiences.
The reasons behind being what could [...]]]></description>
			<content:encoded><![CDATA[<p><strong><em>A lot of people</em></strong> won&#8217;t ever use Twitter, Facebook, Digg, or (insert your favorite social networking site here).  Don&#8217;t piss them off.  They&#8217;re visiting your website, watching your television show, or visiting your location.  And they, like all of us, bring their <a href="http://blogs.harvardbusiness.org/now-new-next/2009/05/the-social-data-revolution.html">own expectations</a> about social experiences.</p>
<p>The reasons behind being what could be called &#8220;<em><strong><span style="color: green;">semi-social</span></strong></em>&#8221; are varied, and include:</p>
<ul>
<li>Desire to be different</li>
<li>Fear of (using) technology</li>
<li>Not enough desire to socialize online</li>
<li>Not enough time to socialize online &#8211; <a href="http://www.readwriteweb.com/archives/groups_turn_information_overload_into_an_asset.php">information overload</a></li>
<li>Most friends or relatives not using online social websites</li>
<li>Desire to <a href="http://roomfordebate.blogs.nytimes.com/2009/05/24/one-tweet-over-the-line/?em">cut back on online social</a> activities</li>
</ul>
<p>So, your choices on how to handle these miscreants &#8211; um, miscellaneous users &#8211; include:</p>
<ul>
<li><strong>Acknowledge them</strong> &#8211; Show that you know that not everyone &#8220;gets&#8221; it and tone down the geeky/chic-y plug-ins and social media campaigns</li>
<li><strong>Help them</strong> &#8211; Provide work-arounds so that semi-socials can partake of your website&#8217;s offerings</li>
<li><strong>Ignore them</strong> &#8211; Don&#8217;t slow down the speed at which you use every possible social media tool to <a href="http://www.businessinsider.com/henry-blodget-the-rise-of-social-distribution-networks-2009-5">expand your reach</a>, while risking alienating people who are semi-social.</li>
<li><strong>Invite them to socialize</strong> &#8211; Take a chance that you may find their moment to start socializing via one of your preferred methods.  (This invitation can happen along with the first bullet point above &#8211; after acknowledging them.)</li>
</ul>
<p>We&#8217;re all semi-social and even non-social during the course of a given day.  So, it is easy to understand the mindset of someone who is routinely less social online.  That is, if you can stop posting for a moment and ponder about them.</p>
<p><a href="http://chiefsocialofficer.com/wp-content/uploads/2009/05/times-square-new-york-crowds-people-views.jpg"><img class="aligncenter size-full wp-image-104" title="Times Square new york crowds people views" src="http://chiefsocialofficer.com/wp-content/uploads/2009/05/times-square-new-york-crowds-people-views.jpg" alt="" width="462" height="255" /></a><br />
<em>Times Square, New York City (2009), slightly altered. </em>© 2009 ChiefSocialOfficer.com</p>
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		<title>Social Media Strategy</title>
		<link>http://chiefsocialofficer.com/social-media-strategy/</link>
		<comments>http://chiefsocialofficer.com/social-media-strategy/#comments</comments>
		<pubDate>Thu, 30 Apr 2009 22:50:47 +0000</pubDate>
		<dc:creator>Chief Social Officer</dc:creator>
				<category><![CDATA[Future]]></category>
		<category><![CDATA[Musings]]></category>
		<category><![CDATA[Offline social]]></category>
		<category><![CDATA[Social Web]]></category>
		<category><![CDATA[Strategy]]></category>
		<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[community]]></category>
		<category><![CDATA[social media marketing]]></category>
		<category><![CDATA[planning]]></category>
		<category><![CDATA[slides]]></category>
		<category><![CDATA[social media]]></category>
		<category><![CDATA[social media strategy]]></category>

		<guid isPermaLink="false">http://chiefsocialofficer.com/?p=67</guid>
		<description><![CDATA[Do you have a strategy to effectively participate in and use social media?  Yes.
Whether it is written, or not, if you are using social media then you have a strategy.  The key to excellence starts with how much time you devote to something, and this area is no exception.
There has been advice out there on [...]]]></description>
			<content:encoded><![CDATA[<p>Do you have a strategy to effectively participate in and use social media?  Yes.</p>
<p>Whether it is written, or not, if you are using social media then you have a strategy.  The key to excellence starts with how much time you devote to something, and this area is no exception.</p>
<p>There has been advice out there on social media strategy <a href="http://www.chrisbrogan.com/starting-a-social-media-strategy/">for a year</a> or more.  Following up the strategy, there are lots <a href="http://mashable.com/2008/11/07/social-media-marketing-plan/">of lists</a> to help you <a href="http://www.relationship-economy.com/?page_id=2160">plan</a>.  A strategy is important, since <a href="http://mashable.com/2008/12/27/how-to-2008/">you can do anything with social media</a>.</p>
<p><span style="color: #008080;"><em><strong>And it&#8217;s all free!</strong></em></span></p>
<p><strong><span style="color: #808000;">Not really</span>.</strong><em><strong> </strong></em>As the excellent slide deck below points out (<em>see slide 38</em>), it takes time.  Time is not free, even if you are not getting paid.  There is the <a href="http://en.wikipedia.org/wiki/Opportunity_cost">opportunity cost</a> of making a choice, as time spent on one activity prevents or delays another one.</p>
<div id="__ss_1323287" style="width: 425px; text-align: left;"><object classid="clsid:d27cdb6e-ae6d-11cf-96b8-444553540000" width="425" height="355" codebase="http://download.macromedia.com/pub/shockwave/cabs/flash/swflash.cab#version=6,0,40,0"><param name="allowFullScreen" value="true" /><param name="allowScriptAccess" value="always" /><param name="src" value="http://static.slidesharecdn.com/swf/ssplayer2.swf?doc=advancedsocialmedia-090421150459-phpapp02&amp;stripped_title=developing-a-social-media-plan-1323287" /><embed type="application/x-shockwave-flash" width="425" height="355" src="http://static.slidesharecdn.com/swf/ssplayer2.swf?doc=advancedsocialmedia-090421150459-phpapp02&amp;stripped_title=developing-a-social-media-plan-1323287" allowscriptaccess="always" allowfullscreen="true"></embed></object></div>
<hr />
And, these additional slides provide a nice overview (from about a year ago) on strategies for social media:</p>
<div id="__ss_392440" style="width: 425px; text-align: left;"><object classid="clsid:d27cdb6e-ae6d-11cf-96b8-444553540000" width="425" height="355" codebase="http://download.macromedia.com/pub/shockwave/cabs/flash/swflash.cab#version=6,0,40,0"><param name="allowFullScreen" value="true" /><param name="allowScriptAccess" value="always" /><param name="src" value="http://static.slidesharecdn.com/swf/ssplayer2.swf?doc=social-media-strategy-1210170423322177-8&amp;stripped_title=social-media-strategy-392440" /><embed type="application/x-shockwave-flash" width="425" height="355" src="http://static.slidesharecdn.com/swf/ssplayer2.swf?doc=social-media-strategy-1210170423322177-8&amp;stripped_title=social-media-strategy-392440" allowscriptaccess="always" allowfullscreen="true"></embed></object>
</div>
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		<title>Brand Conversations &#8211; Teacher &amp; Students</title>
		<link>http://chiefsocialofficer.com/brand-conversations/</link>
		<comments>http://chiefsocialofficer.com/brand-conversations/#comments</comments>
		<pubDate>Wed, 03 Dec 2008 06:59:06 +0000</pubDate>
		<dc:creator>Chief Social Officer</dc:creator>
				<category><![CDATA[CSO]]></category>
		<category><![CDATA[Musings]]></category>
		<category><![CDATA[Social Web]]></category>
		<category><![CDATA[Strategy]]></category>
		<category><![CDATA[social media marketing]]></category>
		<category><![CDATA[brands]]></category>
		<category><![CDATA[conversations]]></category>
		<category><![CDATA[school]]></category>
		<category><![CDATA[social media]]></category>
		<category><![CDATA[students]]></category>
		<category><![CDATA[teachers]]></category>

		<guid isPermaLink="false">http://chiefsocialofficer.com/?p=31</guid>
		<description><![CDATA[Back in school, us kids talked behind the teachers&#8217; backs&#8230; unless we were caught, in which case we had to speak in front of everyone.
  &#8220;Johnny, what were you saying to Eddie? &#8221;
 &#8221;Nuthin&#8217;&#8221; 
  &#8220;I want you to repeat it loud so the whole class can hear you!&#8221; 
&#8230;this was the type of social experience that we sought to [...]]]></description>
			<content:encoded><![CDATA[<p><span style="font-size: large;"><span style="color: #339966;">Back in school, us kids talked behind the teachers&#8217; backs&#8230;</span></span> unless we were caught, in which case we had to speak in front of everyone.</p>
<p><span style="color: #993300;"> <strong> &#8220;<em><span>Johnny, what were you saying to Eddie? &#8221;</span></em></strong></span></p>
<p><span style="color: #993300;"><strong><em><span> &#8221;Nuthin&#8217;&#8221;</span></em><em><span> </span></em></strong></span></p>
<p><span style="color: #993300;"><strong><em><span>  &#8220;I want you to repeat it loud so the whole class can hear you!</span></em>&#8221; </strong></span></p>
<p>&#8230;this was the type of social experience that we sought to avoid.</p>
<p>Not all teachers were the same.  Some teachers really didn&#8217;t seem to care about our interactions.  And the most clueless ones didn&#8217;t flinch when we told jokes about them and laughed about them in plain sight.</p>
<p><strong><em><span style="color: #333300;">The cool ones laughed with us, wisely, and we loved them.</span></em></strong></p>
<p>Kind of like some brands are today, in the online social web. Some plug in, some are clueless.</p>
<p><a href="http://chiefsocialofficer.com/wp-content/uploads/2008/12/students-teacher-blackboards-cartoon-social.jpg"><img class="alignnone size-full wp-image-80" title="Students and Teacher writing on blackboard: 'I will NOT write on Teacher's wall, poke her, throw sheep, or flirt with her using a fake profile.'" src="http://chiefsocialofficer.com/wp-content/uploads/2008/12/students-teacher-blackboards-cartoon-social.jpg" alt="" width="447" height="345" /></a></p>
<p>There are lots of articles about <a href="http://www.broadcastingcable.com/article/CA6619203.html?industryid=47171">how brands</a> are <a href="http://blogs.zdnet.com/feeds/?p=346">using online social</a> web <a href="http://www.brandrepublic.com/News/866328/Banking-buddies-limits-far-brands-tap-social-networking/">tactics</a>, <a href="http://online.wsj.com/article/SB122792310060465901.html?mod=googlenews_wsj">successfully</a>.  They use data and watch their markets carefully as they muddy the waters. </p>
<p>Obvious comparisons to the childhood example &#8211; the teacher is an authority figure by position, but still has to earn the respect with every interaction with the students.  Yet she runs a risk every time she tries to mingle with the students on their turf.  A risk worth taking, and learning from. </p>
<p>And, the teacher writes on the blackboard (&#8221;the wall&#8221;) and everyone can read it, re-write it, or start writing other ideas on other parts of the room.</p>
<p>These instructors are (usually) paid to be there, and the students know they get to move on to other teachers&#8230; that the relationship is only temporary.  Unless their teacher is so influential to their lives that they keep the relationship going for a long time.</p>
<p>And in another parallel with online brands, teachers can only effectively connect with students up to a certain class size. After that, they need helpers&#8230; teacher&#8217;s aides.</p>
<p><span style="font-size: large; color: #339966;">But in the modern world, </span>will brands dilute the impact of their social media interactions as they run up against a corporate version of <a href="http://en.wikipedia.org/wiki/Dunbar's_number">Dunbar&#8217;s Number</a> (the theoretical limit to the number of people with whom one can maintain stable social relationships)?  For individuals, the number is claimed to be 150 inter-personal relationships.</p>
<p>Yet some people &#8220;maintain&#8221; thousands of relationships online.  They <span style="color: #339966;"><strong><em>swim</em></strong> </span>(as <a href="http://scobleizer.com/">Robert Scoble</a> said to me) since it&#8217;s not possible to interact with every bit of social media as your network grows gigantic.  But swim-strokes are okay if<span style="font-size: large; color: #339966;"> at the heart of it you&#8217;re <em><strong>a real person</strong></em>.</span></p>
<p>Brands have it both easier and harder&#8230; like a teacher, they have implied authority and a mutually-respected <span style="color: #333300;"><em>&#8220;I&#8217;m not really your friend&#8221;</em> </span>attitude in their core, yet they also have to reach people on a personal level.  Odds are, like teachers and their pupils, some brands will get it wrong, and some will work with each day to find something to evolve the relationship to have rewards for both sides.</p>
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		<title>Homophily Happens &#8211; a Homogeneous Web?</title>
		<link>http://chiefsocialofficer.com/homophily-happens-homogeneous-web/</link>
		<comments>http://chiefsocialofficer.com/homophily-happens-homogeneous-web/#comments</comments>
		<pubDate>Sun, 30 Nov 2008 10:08:08 +0000</pubDate>
		<dc:creator>Chief Social Officer</dc:creator>
				<category><![CDATA[CSO]]></category>
		<category><![CDATA[Future]]></category>
		<category><![CDATA[Musings]]></category>
		<category><![CDATA[Social Web]]></category>
		<category><![CDATA[Strategy]]></category>
		<category><![CDATA[community]]></category>
		<category><![CDATA[social viral]]></category>
		<category><![CDATA[homophily]]></category>
		<category><![CDATA[social connections]]></category>

		<guid isPermaLink="false">http://chiefsocialofficer.com/?p=42</guid>
		<description><![CDATA[Will online social networking make us all the same?
Or, will we elect to stay in mostly same-thinking groups?  As we join up in communities online, the homophily aspect could kick in.  Homophily is defined as the tendency to be friends with others who are similar, and is described futher in this New York Times article.
Birds [...]]]></description>
			<content:encoded><![CDATA[<h3><span style="color: #33cccc;">Will online social networking <a href="http://biodun-iginla.blogspot.com/2008/10/you-think-for-yourself-but-you-act-like.html"><span style="color: #33cccc;">make us all the same</span></a>?</span></h3>
<p>Or, will we elect to stay in mostly same-thinking groups?  As we join up in communities online, the <em><a href="http://en.wikipedia.org/wiki/Homophily">homophily</a></em> aspect could kick in.  Homophily is defined as the tendency to be friends with others who are similar, and is described futher in this New York Times <a href="http://www.nytimes.com/2006/12/10/magazine/10Section2a.t-4.html">article</a>.</p>
<p><span style="color: #33cccc;"><span style="font-size: small;"><span>Birds of a feather flock together&#8230;</span></span></span> True?  Looks like it.  As stated in <a href="http://www.bsos.umd.edu/socy/alan/stats/network-grad/handouts/McPherson-Birds%20of%20a%20Feather-Homophily%20in%20Social%20Networks.pdf">this 2001 paper <em>&#8220;Birds of a Feather: Homophily in Social Networks&#8221;</em></a> the tendency shown is to connect with people who are like you: &#8220;Similarity breeds connection&#8221;.  If you&#8217;ve stumbled upon a MySpace.com profile that is for an artist in Los Angeles, you will likely see this tendancy at work as you see their friends and the interactions. The University of Wolverhampton in England determined in a study that homophily exists on MySpace (<a href="http://www.scit.wlv.ac.uk/~cm1993/papers/MySpaceHomophilypreprint.doc">Homophily in Myspace &#8211; MS Word format</a>).</p>
<p><a href="http://chiefsocialofficer.com/wp-content/uploads/2008/12/snowy-geese-gaggle-river-flights.jpg"><img class="size-full wp-image-72" title="Geese of a feather in Washington DC" src="http://chiefsocialofficer.com/wp-content/uploads/2008/12/snowy-geese-gaggle-river-flights.jpg" border="0" alt="Geese of a feather on the snowy Potomac River in Washington DC" width="424" height="252" /></a></p>
<p style="text-align: center;"><span style="color: #333399;"><em>Geese of a feather on the snowy Potomac River in Washington DC</em></span></p>
<p>In looking how a phenomenon, concept, or media can &#8220;go viral&#8221;, the virality aspect has to allow it travel along different groups, each with may have their own different patterns of interaction.</p>
<p>And political alignments can seemingly prove this &#8220;fact&#8221; &#8211; that birds of a feather flock together.  As has been seen increasingly online, getting the message out directly to small homogenous social groups has value, especially as it usually comes from a member of the group.</p>
<p><span style="color: #33cccc;"><span style="font-size: small;">But this same social group limits your options.</span></span> As you meet and interact with new people, via your social networks, they will pretty much be the same as your old friends.  Exceptions to this trend possibly include on-the-job interactions, networking for a new job, and ad hoc activities such as searching for a lost pet or person.</p>
<p>For support towards goals, this similarity within a group can be a positive aspect.  For a marketing campaign, it is both a hindrance and a help.  People resist ideas or concepts that come from outside their group, but if it is shared within a group it is helped by the peer-to-peer approvals.</p>
<p>As pointed out in this <a href="http://radar.oreilly.com/archives/2006/10/homophily-in-so.html">O&#8217;Reilly blog post &amp; comments</a>, social networking sites encourage you after you sign up to invite all of your friends to join (or at least load them up as contacts).  Is homophilus behavior a feature or a bug?  How about in one&#8217;s own life?</p>
<p>This depends on whether a person wants change, and to some extent if they are open to conflict.  Engaging with people who think and act differently from you often means conflict.</p>
<p>On sites such as <a href="http://search.twitter.com">Twitter</a>, we can search and see different and opposing views to our own, but odds are that we are not following or friending these people, on average.  On a philosophical note, then, each can blame themselves for limiting their choices of friends.</p>
<p>In the trend of people to find their news via online social activities, the news we get there is filtered by our preference in friends.  The videos we get pointed to, the memes we share&#8230; they are going to vary among friend-lines.  This inbreeding of content perhaps goes contrary to the common belief that we are expanding our horizons by interacting with hundreds or thousands of friends online.  This trend may be also relevant to <a href="http://www.clusterflock.org/2008/09/dont-let-flocking-make-you-stupid.html">how mainstream news covers mostly the same events</a>.</p>
<p>The people who become <a href="http://chiefsocialofficer.com/everyones-a-social-star/">online web celebrities</a> cross the boundaries of smaller social groups&#8230; or may define larger groups as they show commonalities.  They connect to us on levels that transcend simple small-group connections, and sometimes even transcend language barriers, and satisfy people&#8217;s yearning to be part of something bigger.  Even as we also apparently yearn to part of something similar.</p>
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		<title>Social Influence Monetization</title>
		<link>http://chiefsocialofficer.com/social-influence-monetization/</link>
		<comments>http://chiefsocialofficer.com/social-influence-monetization/#comments</comments>
		<pubDate>Fri, 31 Oct 2008 21:12:30 +0000</pubDate>
		<dc:creator>Chief Social Officer</dc:creator>
				<category><![CDATA[Musings]]></category>
		<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[social capital]]></category>
		<category><![CDATA[social media marketing]]></category>
		<category><![CDATA[influence]]></category>
		<category><![CDATA[online social capital]]></category>
		<category><![CDATA[social popularity]]></category>
		<category><![CDATA[tweeple]]></category>
		<category><![CDATA[twitter popularity]]></category>

		<guid isPermaLink="false">http://chiefsocialofficer.com/?p=34</guid>
		<description><![CDATA[Can you value your social activities?
&#8220;Maybe&#8220;
is about the best answer possible now. 
An earlier post on online social capital and influence touched on managing it as an asset, and certainly there is an increasing awareness of the value of online social capital in business and personal life.  (This is not to be confused with traditional [...]]]></description>
			<content:encoded><![CDATA[<p><span style="font-size: large; color: #448899;">Can you value your social activities?</span></p>
<blockquote><p>&#8220;<span style="font-size: medium; color: #229980;">Maybe</span>&#8220;</p></blockquote>
<p><span style="color: #448899;">is about the best answer possible now. </span></p>
<p>An earlier post on <a href="http://chiefsocialofficer.com/online-social-capital-and-influence/">online social capital and influence</a> touched on managing it as an asset, and certainly there is an increasing awareness of the <a href="http://www.fastcompany.com/articles/2008/09/interview-eric-litman.html">value of online social capital</a> in business and personal life.  (This is not to be confused with traditional <a href="http://venturebeat.com/2008/10/30/will-social-capital-be-the-next-big-industry-to-emerge/">social capital, an emerging industry</a>)</p>
<p>But perhaps this is still the dawning of the <span style="font-size: large; color: #448899;">age of online influence peddling</span>, at least among the social networking crowd.</p>
<p>There are many ways to measure online influence, <a href="http://www.micropersuasion.com/2008/10/page-rank-is-th.html">such as page rank</a>.  The current rage is one&#8217;s online social ranking.</p>
<p>People are proud of their top (or rising) popularity listings on <a href="http://twitter.grader.com/topusers">Twitter Grader</a>, <a href="http://twitterholic.com/">Twitterholic</a>, and other ranking services.  These rankings may not out-last the recession as sites like <a href="http://atomiq.org/archives/2008/06/im_shuttering_tweeterboard.html">Tweeterboard shut down</a> when there is no long-term sustainability model for it.  But blogs like <a href="http://twitterfacts.blogspot.com/2008/10/top-twitter-users.html">Twitterfacts point to many services</a> to rank these <a href="http://prsarahevans.com/2008/10/just-announced-unofficial-2008-top-50-tweeples-to-follow/">top &#8220;Tweeples</a>&#8221; (Twitter people), some of whom I&#8217;m met in real life.  They are having fun as they engage on- and off-line with a large number of people.</p>
<p>In researching for this write-up, the term &#8220;<em>social influence counter-measures</em>&#8221; came up in a non-web context.  Yet, the online meaning of this term carries significance.  Every social media marketing campaign involves counter-measures.  The campaign goal is to influence, and to thus overcome/counteract/eliminate competing social influences.</p>
<p><span style="font-size: medium; color: #229980;">Think this stuff is small potatoes?</span> Not.  The largest search engine (and perhaps <a href="http://www.dailyrecord.co.uk/news/uk-world-news/2008/04/22/google-named-world-s-biggest-brand-86908-20390870/">largest brand</a> worldwide) is <a href="http://blog.thebuyergroup.com/google-to-patent-social-influence">looking to patent social influence</a>.  Perhaps this technique will allow social networks to monetize better.  Perhaps it will be <a href="http://www.businessweek.com/magazine/content/08_40/b4102050681705.htm">the number that you use to rank &amp; value yourself online</a>.</p>
<p>A Chicago VC wrote about the possible profitability for those who can &#8220;<a href="http://davidrangel.blogs.com/david_rangel/2008/03/influence-acros.html">effectively harness the power of influence across networks</a>&#8220;.  But, this influence is classically <span style="font-size: large; color: #448899;">not just about money</span>.</p>
<div class="mceTemp">
<table border="0">
<tbody>
<tr>
<td valign="top"><a href="http://chiefsocialofficer.com/wp-content/uploads/2008/11/social-people-of-importance.jpg"><img class="size-medium wp-image-48" title="social-people-of-importance" src="http://chiefsocialofficer.com/wp-content/uploads/2008/11/social-people-of-importance.jpg" border="0" alt="social people of importance" /></p>
<p></a></td>
<td></td>
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<td valign="top">Moreover, it could allow election campaigns to factor in and <a href="http://socialshakers.com/2008/06/05/can-social-networks-influence-the-next-election-results/">influence the popularity contest aspect</a> in an unprecedented way.  How much would it be worth to know exactly who influences your opponents followers?  (It will always also depends on <a href="http://www.telegraph.co.uk/connected/main.jhtml?xml=/connected/2008/11/01/dlvote101.xml">who actually votes</a>.)  Or how would you combat a <a href="http://content.ksg.harvard.edu/leadership/index.php?option=com_content&amp;task=view&amp;id=537&amp;Itemid=1">decline of confidence in leadership</a>?</p>
<div class="mceTemp">
<dl id="attachment_60" class="wp-caption alignnone" style="width: 36px;">
<dt class="wp-caption-dt"><a href="http://chiefsocialofficer.com/wp-content/uploads/2008/11/star.jpg"><img class="size-full wp-image-60" title="star" src="http://chiefsocialofficer.com/wp-content/uploads/2008/11/star.jpg" border="0" alt="star" width="26" height="24" /></a></dt>
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</div>
<p>But, for the individual who blogs or tweets their way to social stardom, there are established and emerging payoffs.  Paid blogging posts have been around for years, and now popular Twitter posters <a href="http://be-a-magpie.com/">can earn some bling</a> (although perhaps not a full-time income).</td>
</tr>
</tbody>
</table>
<p><span style="font-size: large; color: #448899;">Better to be popular doing what you love&#8230;</span> what you&#8217;re passionate about.  <strong>Why? </strong> The solution for monetizing your online social capital or influence <a href="http://mashable.com/2008/10/23/social-media-monetization/">is still evolving</a>.  The economy may not support it <em>en masse</em> for years, although some people will make money.  And the general advice given by many is to <em>do what you love and <a href="http://www.thepracticeofleadership.net/2007/05/12/do-what-you-love-and-money-will-follow/">the money will follow</a></em>.</div>
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		<title>Everyone&#8217;s a Social Star!</title>
		<link>http://chiefsocialofficer.com/everyones-a-social-star/</link>
		<comments>http://chiefsocialofficer.com/everyones-a-social-star/#comments</comments>
		<pubDate>Mon, 22 Sep 2008 00:20:11 +0000</pubDate>
		<dc:creator>Chief Social Officer</dc:creator>
				<category><![CDATA[Musings]]></category>
		<category><![CDATA[community]]></category>
		<category><![CDATA[famous]]></category>
		<category><![CDATA[persona]]></category>
		<category><![CDATA[social internet]]></category>
		<category><![CDATA[social star]]></category>
		<category><![CDATA[Social Web]]></category>

		<guid isPermaLink="false">http://chiefsocialofficer.com/?p=32</guid>
		<description><![CDATA[Andy Warhol&#8217;s famous quote:
&#8220;Everyone will be world-famous for 15 minutes&#8220;
is now a quaint anachronism from the 20th century.  Thanks to the social internet, everyone is now capable of being continuously famous.
Perhaps not world-famous, but famous among enough people around the globe.  Some personas will break out into mass stardom, assisted by traditional media.  Some will be [...]]]></description>
			<content:encoded><![CDATA[<p><span style="font-size: large; color: #448899;">Andy Warhol&#8217;s famous quote</span>:</p>
<blockquote><p>&#8220;<span style="font-size: medium; color: #229980;">Everyone will be </span><a href="http://en.wikipedia.org/wiki/15_minutes_of_fame"><span style="font-size: medium; color: #229980;">world-famous for 15 minutes</span></a>&#8220;</p></blockquote>
<p><span style="color: #448899;">is now a quaint <a href="http://en.wikipedia.org/wiki/Anachronism"><span style="color: #448899;">anachronism</span></a> from the 20th century</span>.  Thanks to the social internet, everyone is now capable of being <em>continuously famous</em>.</p>
<p>Perhaps not world-famous, but famous among enough people around the globe.  Some personas will break out into mass stardom, assisted by traditional media.  Some will be famous only in online communities, and they will be quite happy &amp; successful there.</p>
<p><span style="font-size: medium; color: #229980;"><span style="color: #338099;">There is plenty of room for stardom</span>.</span> In sports there are often farm leagues &#8211; the minor leagues that feed up talent to the major leagues.  In the online stardom arena, it&#8217;s a free-for-all, but the <a href="http://www.mathewingram.com/work/2007/06/06/youtube-is-the-farm-team-for-stardom/">concept of farm leagues might apply</a>, especially among the thousands of niche areas.  The rumors of <a href="http://www.livingstonbuzz.com/2008/09/19/the-hour-is-late/">enough social media experts</a> in the niche are far from true, as experts <a href="http://www.chrisbrogan.com/the-basics/">continue to share advice</a> on how to make your own star rise.</p>
<p>There will not be a practical cap on the universe of online stars anytime soon.  As the rise-and-fall cycle is, well, happening in &#8220;internet time&#8221;, it is viciously fast.  This aspect allows for more stars. And, in a sense, &#8220;once a star online, always a star online&#8221;, as the social proof via metrics such as video view counts and written feedback &amp; conversations may never go away.</p>
<p align="center"><a title="Movie filming studio echo chamber -cartoon" href="http://chiefsocialofficer.com/wp-content/uploads/2008/09/movie-star-studio-echo-chamber.jpg"><img src="http://chiefsocialofficer.com/wp-content/uploads/2008/09/movie-star-studio-echo-chamber.jpg" alt="Movie filming studio echo chamber -cartoon" /></a></p>
<p><span style="font-size: medium; color: #338099;">Now let&#8217;s forget about the old days </span>where everyone knew the 1st and 2nd-tier media stars, as the <a href="http://en.wikipedia.org/wiki/Cinema_of_India">growth of India&#8217;s</a> <a href="http://www.merinews.com/catFull.jsp?title=Bollywood%20crosses%20the%20Rs100%20Cr%20barrier&amp;articleID=140405">Bollywood</a>, <a href="http://www.jossip.com/in-preparation-for-the-upcoming-takeover-hollywood-heads-to-china-20080915/">China&#8217;s film</a> <a href="http://www.reuters.com/article/pressRelease/idUS159860+28-Feb-2008+PRN20080228">industry</a> , and other production locales <a href="http://www.business24-7.ae/articles/2008/9/pages/09192008_25981b6081a84589b8327ce487bb96e6.aspx">such as Dubai</a> create their own stardom centers of gravity.  Being world-famous can happen in niches, as has been proven on <a href="http://www.anevibe.com/headlines/the-boob-tube-gets-replaced-the-next-generation-of-stardom-is-you-2.html">sites such as YouTube</a> and MySpace.</p>
<p>Every day the worldwide online social network grows by tens of thousands, and should do so forever.  One simple metric: <span style="font-size: medium; color: #338099;"> every day there are hundreds of thousands of new teenagers in the world </span>and many of them are already online (of course there are almost as many new ex-teenagers every day).  Whatever the online coming-of-age threshold, user-generated-content (UGC) will always have thousands of new creators annually who can draw fans from <a href="http://www.internetworldstats.com/stats.htm">tens of millions who were not online the year before</a>.</p>
<p>Are you cut out for stardom? Even the introverted can find more fame than the mere quarter hour Mr. Warhol envisioned, and they can <a href="http://www.scribkin.com/2008/09/20/the-social-media-burden/">do it on their own terms</a> online.  <span style="font-size: medium; color: #338099;">So are true introverts headed for extinction?</span></p>
<p>The internet introverts of tomorrow may seek stardom in spite of their base personality.  They will be updating their status continuously, always quick to <a href="http://www.techcrunch.com/2008/09/19/mass-instant-message-that-link-with-the-tell-a-friend-widget/">tell-a-friend</a> about what&#8217;s important in their lives, and these <em>social introverts</em> will blend seamlessly into an extraverts-only society online (as they perhaps conquer fears about <a href="http://www.newsweek.com/id/114535">the dark side of online notoriety</a>).</p>
<p><span style="font-size: medium; color: #338099;">Who won&#8217;t be a star in their community?</span> The non-star list includes those people who are not networking online.  Some non-networking behavior will be situational, such as people who cannot use a computer for physical, mental, religious, or emotional reasons.  And there are generational aspects that stop older people from adopting online social networking techniques, along with <a href="http://en.wikipedia.org/wiki/Digital_divide">digital divide</a> factors that limit who can build or accidentally obtain their online social stardom.</p>
<p><span style="font-size: medium; color: #229980;">After notoriety, one base necessity for web stardom is content. </span>Usually this content is self-generated, and self-promoted.  To be social on the internet implies interacting in form of content creation.  Even someone&#8217;s RSVP to an event, or joining a group, creates a snippet of content.</p>
<p>But ubiquitous stardom for all may be limited by our own inertia, as revealed in the currently-accepted rule of thumb that <a href="http://www.useit.com/alertbox/participation_inequality.html">90% of us don&#8217;t create real content</a>, and only 1% of us create the bulk of content.  And many people have other life goals, ensuring that they <a href="http://www.guardian.co.uk/environment/2008/jan/05/activists.ethicalliving">do more</a> <a href="http://www.healthnewsdigest.com/news/Family_Health_210/The_Way_to_Save_Millions_of_Lives_is_to_Prevent_Smoking.shtml">with their lives</a> and their influence to <a href="http://www.savethechildren.org/programs/development-programs.html">help others</a> than simply chasing or embracing stardom.</p>
<p>[The next post here will continue an <a href="http://chiefsocialofficer.com/online-social-capital-and-influence/">earlier post about online social capital and influence</a>, and touch on how to utilize aspects of one's social stardom.]</p>
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		<title>TechCrunch50 wins the ratings race!</title>
		<link>http://chiefsocialofficer.com/techcrunch50-wins-the-ratings-race/</link>
		<comments>http://chiefsocialofficer.com/techcrunch50-wins-the-ratings-race/#comments</comments>
		<pubDate>Wed, 10 Sep 2008 21:28:35 +0000</pubDate>
		<dc:creator>Chief Social Officer</dc:creator>
				<category><![CDATA[Future]]></category>
		<category><![CDATA[Musings]]></category>
		<category><![CDATA[Social Web]]></category>
		<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[DEMO]]></category>
		<category><![CDATA[film]]></category>
		<category><![CDATA[techcrunch]]></category>
		<category><![CDATA[techcrunch50]]></category>
		<category><![CDATA[tv]]></category>
		<category><![CDATA[video]]></category>

		<guid isPermaLink="false">http://chiefsocialofficer.com/techcrunch50-wins-the-ratings-race/</guid>
		<description><![CDATA[
Over the last three days there have been two  major startup demonstration events &#8211; DEMO and TechCrunch50.
The presenters are among the top of the crop for this year&#8217;s  startups (notwithstanding the ones we will showcase on Startup Rockstars!).  If  you step back and realize the sheer volume of new tech ideas that are [...]]]></description>
			<content:encoded><![CDATA[<style></style>
<p><font size="2" face="Arial">Over the last three days there have been two  major startup demonstration events &#8211; <a href="http://demo.com/">DEMO</a> and <a href="http://TechCrunch50.com">TechCrunch50</a>.</font></p>
<p><font size="2" face="Arial">The presenters are among the top of the crop for this year&#8217;s  startups (notwithstanding the ones we will showcase on <a href="http://StartupRockstars.com">Startup Rockstars</a>!).  If  you step back and realize the sheer volume of new tech ideas that are launching  or recently launched, you might (and should) be overwhelmed.  Mostly the theme seemed to be (1) <em>social </em>and (2) <em>mobile </em>(as in iPhone apps). </font></p>
<p><font size="2" face="Arial">I was able to watch many presentation from both of these events online, and at  times there was almost 3,000 people watching the live TechCrunch50 stream (on  Ustream.tv).  This viewer number is large for an online show of any kind today, but  also notable because it&#8217;s an unknown event to most people.  It was (probably) never  advertised on mainstream TV.  And so this post is relevant to the current panel  on TechCrunch50, which *wins* the ratings race by default as it was the only event streamed live. Both events were well-attended over the last three days, with the long-running DEMO event stating it was their largest-attended event so far. </font></p>
<p><font size="2" face="Arial">As I type this post, the TechCrunch50 is wrapping  up with a Hollywood discussion panel.  While they are discussing whether <a href="http://youtube.com">YouTube</a>  &#8220;is a disruptive force in Hollywood?&#8221; (question by Michael Arrington), most of  the conversation is about how the old model of watching TV is evolving to even  newer sites and services than YouTube.  </font></p>
<p><font size="2" face="Arial">Some of this change is described as generational,  as large numbers of teens (at least in the USA) now are watching shows on the  web, totally ignoring mainstream over-the-air (or -cable) network programming.   So the challenge is to leverage what I termed the &#8220;assimilation of TV&#8221; into the social web.</font></p>
<p><font size="2" face="Arial">Examples of how this assimilation happens is when a  TV show has a major online presence, including clips or entire shows, blogs, and  online social interactions with viewers and fans.  While most stars aren&#8217;t on  Facebook or Twitter, some are slowly embracing technology such as Seesmic, which  allows video comments and feedback to be posted immediately on the  web.</font></p>
<p><font size="2" face="Arial">A separate post will discuss the higher-level  issues brought out by the trend of startups.  For now, the merger forecast years  ago between TV and the internet has happened, and will continue to happen.  With  films <a href="http://blog.wired.com/underwire/2008/09/michael-moore-t.html">released on the internet</a> included, the total merging of media is at hand.   How will this affect your business, your lifestyle, and our  civilization?</font></p>
<p><font size="2" face="Arial">And now back to the <a href="http://www.ustream.tv/channel/live-from-techcrunch50">show</a>, already in  progress. (and next up after that, the re-runs of what was missed!) </font></p>
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		<title>Facebook Disconnect?  Connecting to the social ROI</title>
		<link>http://chiefsocialofficer.com/facebook-disconnect-connecting-to-the-social-roi/</link>
		<comments>http://chiefsocialofficer.com/facebook-disconnect-connecting-to-the-social-roi/#comments</comments>
		<pubDate>Tue, 29 Jul 2008 23:37:47 +0000</pubDate>
		<dc:creator>Chief Social Officer</dc:creator>
				<category><![CDATA[CSO]]></category>
		<category><![CDATA[Musings]]></category>
		<category><![CDATA[Social Web]]></category>
		<category><![CDATA[Strategy]]></category>
		<category><![CDATA[baseball]]></category>
		<category><![CDATA[facebook]]></category>
		<category><![CDATA[facebook connect]]></category>
		<category><![CDATA[monetization]]></category>
		<category><![CDATA[myspace]]></category>
		<category><![CDATA[OpenID]]></category>
		<category><![CDATA[opensocial]]></category>
		<category><![CDATA[ROI]]></category>
		<category><![CDATA[sports]]></category>
		<category><![CDATA[website]]></category>

		<guid isPermaLink="false">http://chiefsocialofficer.com/facebook-disconnect-connecting-to-the-social-roi/</guid>
		<description><![CDATA[The recently-announced platform service, Facebook Connect, will allow people to be social across sites on the internet in a new way.  But will corporate offices and other workplaces allow access?  And will the other similar services interact with each other, or find reasons to not interact reminiscent of the early days of instant [...]]]></description>
			<content:encoded><![CDATA[<p>The <a href="http://developers.facebook.com/news.php?blog=1&amp;story=108" title="facebook connect announcment">recently-announced platform service</a>, Facebook Connect, will allow people to be social across sites on the internet in a new way.  But will corporate offices and other workplaces allow access?  And will the other similar services interact with each other, or <a href="http://developers.facebook.com/news.php?blog=1&amp;story=111" title="Facebook developers blog post">find reasons to not interact</a> reminiscent of the early days of instant messenging?</p>
<p>Reportedly, <a href="http://mashable.com/2007/09/28/companies-block-social-networks/" title="blocking facebook article">many places block Facebook</a>, including <a href="http://en.wikipedia.org/wiki/Facebook">entire countries</a>, and MySpace is blocked by many of these same places&#8230; plus hordes of well-meaning <a href="http://www.parentsguidetomyspace.com/report/usingfilteringsoftware.shtml">parents</a>.  There are perhaps just as <a href="http://www.fastandloud.com/uncategorized/blocked-school-work-filter-bypass-myspace-facebook-friendster-google-orkut-yahoo-360/">many proposed workarounds</a> for users to bypass the blocks.  But for the world wide social web to work out, including monetization aspects, it will have to work in enough places to be considered <a href="http://www.merriam-webster.com/dictionary/ubiquitous" title="definition of ubiquitous - existing or being everywhere at the same time">ubiquitous</a>.  Adsense is pervasive today, and is not generally blocked in the way that social networks are.  This situation is probably due to it&#8217;s origins, function, and the fact that it is not seen as linked to some of the issues such as malware and productivity loss that cause social networking sites to be blocked.</p>
<p>The evolving integration of the social web puts choices into the hands of website owners trying to see the ROI (return on investment) of adopting and adapting the technologies to their websites.  The technology is not yet available to the public, and competes in various ways with OpenSocial, OpenID, MyBlogLog, and other services as the <a href="http://www.socialcomputingmagazine.com/viewcolumn.cfm?colid=564" title="social computing magazine">effort to evolve identity management</a> on the web continues.  If one&#8217;s website audience primarily accesses the site at work locations that might block social networking sites, form a social network integration strategy and implementation plan that accounts for these hurdles.</p>
<p><strong>How will webmasters decide what works for them?</strong></p>
<p>The effort to implement &#8220;social connector&#8221; technology on a website, plus the possibly-problematic ability of these technologies to  to integrate with each other, may have the war of the social web won based on webmaster adoption.  What platform will bring them the most reward (users, money, attention, etc.)?  The ROI of time and money, plus compatibility, becomes important.</p>
<p>The first major text-ad service, Goto.com (which became Overture and was bought by Yahoo!), has given up it&#8217;s first place market position to Adsense.  Being huge, successful, and in first place (and then getting bought) does not mean ultimately winning the war.  The battles now in the social platform space include fighting to be the preferred (or only) identity-holder for people when they are online across the entire social web.  The &#8220;first place&#8221; position of social networking sites &amp; services is in flux this year.  And the ability of each site to monetize it&#8217;s social base, and thus survive, may rely on sharing their success with thousands of website operators.</p>
<p>The near-term winners will likely be those that have a compelling ROI for website and social application owners, enough to get them to make the effort to write for a particular social platform.   Facebook Connect seems to have this ROI coming out of the gate.</p>
<p>The popularity of social networks <a href="http://services.alphaworks.ibm.com/manyeyes/view/SGo7oKsOtha60VEPZD9uK2~" title="social network by country">varies by country</a>.  The adoption of social networks within and by website owners may follow similar patterns.  And, like sports popularity varying by area, with baseball, soccer, football, basketball, cricket, and others all competing for similar passion &amp; purchases from fans, it may simply be a multi-player game with multiple fields.</p>
<p><a href="http://chiefsocialofficer.com/wp-content/uploads/2008/07/baseball-field-small.jpg" title="Baseball field"><img src="http://chiefsocialofficer.com/wp-content/uploads/2008/07/baseball-field-small.jpg" alt="Baseball field" /></a></p>
<p><font color="#2244aa" size="1"><em>Photo (c) 2008 Chief Social Officer</em></font></p>
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		<title>Online Social Capital and Influence</title>
		<link>http://chiefsocialofficer.com/online-social-capital-and-influence/</link>
		<comments>http://chiefsocialofficer.com/online-social-capital-and-influence/#comments</comments>
		<pubDate>Mon, 09 Jun 2008 18:42:53 +0000</pubDate>
		<dc:creator>Chief Social Officer</dc:creator>
				<category><![CDATA[Musings]]></category>
		<category><![CDATA[Offline social]]></category>
		<category><![CDATA[Social Captial]]></category>
		<category><![CDATA[Social Web]]></category>
		<category><![CDATA[Strategy]]></category>
		<category><![CDATA[social media marketing]]></category>
		<category><![CDATA[online influence]]></category>
		<category><![CDATA[online social captial]]></category>
		<category><![CDATA[reputation management]]></category>

		<guid isPermaLink="false">http://chiefsocialofficer.com/online-social-capital-banking/</guid>
		<description><![CDATA[What is online social capital?  It&#8217;s a new term that contains an older term.  The wikipedia definition of social capital refers to gaining influence (access to power) &#8220;through the direct and indirect employment of social connections&#8221;.  Offline capital has been around for thousands of years, and extends beyond personal into business, political, [...]]]></description>
			<content:encoded><![CDATA[<p><font color="#3399bb"><strong>What is <font color="#1144dd">online social capital</font>?</strong></font>  It&#8217;s a new term that contains an older term.  The wikipedia definition of <a href="http://en.wikipedia.org/wiki/Social_capital" title="social capital definition">social capital</a> refers to gaining influence (access to power) &#8220;through the direct and indirect employment of social connections&#8221;.  Offline capital has been around for thousands of years, and extends beyond personal into business, political, and religious. But online, the effect is different, and it creates a different dynamic.</p>
<p>The modern version is quasi-physical, in most cases, as there are real people with real names that are linked together via relationships.  Whether poking each other on social networking sites, or chatting via instant messaging, there is a basis in real relationships with real people in the majority of one&#8217;s online social wealth.</p>
<p>A bit more on defining the term, via what it allows&#8230; on <a href="http://jcmc.indiana.edu/vol11/issue2/williams.html">Scales for Social Capital in the Online Era</a> there is the indication that it creates benefits derived from relationships created by interactions of social actors.  These individuals form &#8220;a network of individuals—a &#8217;social network&#8217;—resulting in positive affective bonds. These in turn yield positive outcomes such as emotional support or the ability to mobilize others.&#8221;</p>
<p>This type of capital is not limited to one network, as it can bridge social networks.  Bridging&#8217;s basic definition applies to when individuals from different backgrounds connect, and this is also extended to cover those that occur between social networks.</p>
<p>Utilizing tools such as facebook may have taken off in part because building social capital takes time, and it is easier to leverage the base of a large social network.  Other newer tools allow quick building of the same.  Even within networks, there is contrast between &#8220;introduction-model&#8221; sites such as <a href="http://meetup.com">meetup.com</a>, and microblogging sites such as <a href="http://twitter.com">twitter.com</a>,  The first is designed for real-world useful social interaction and one for, well, short bursts of content (useful or otherwise).</p>
<p>The relationship networks that are built through different types of sites are not the same.  It is useful to recognize how they are different as you consider the effort expended in building personal or organizational capital.While smart people such as Harvard sociologist Robert Putnam are focused on real-world social capital, there is the hyper-rapid growth of online social capital, as <a href="http://www.tulsaworld.com/opinion/article.aspx?articleID=20080503_7_G1_hPoli34268">reported  in this article</a>.</p>
<p><strong>Online Social Capital and Reputation Managment</strong></p>
<p>Once you have online influence, it becomes as asset to manage, in the sphere of online reputation management.  Newbies &#8211; people have a handful of online friends and a small network &#8211; have less to worry about than people with 5,000 or 10,000 people who are tuned into their online activities &amp; ideas.</p>
<p>Can celebrities really do social media &amp; networking?  No, not in the current &#8220;traditional&#8221; method of social networking, or at least not for the long-term.  It&#8217;s not really feasible, because as a personal-interaction-based form of communications, it requires hundreds of responses per day.  It is possible to engage, but not via having others post for the person, as that quickly becomes apparent for it&#8217;s &#8220;fake&#8221; quality.</p>
<p><strong>Banking</strong></p>
<p>There is no &#8220;Central SocialCapital Bank&#8221;, and one&#8217;s network is quickly spread across the hundreds or thousands of sites.  As opposed to the bank model, you can&#8217;t build up this type of wealth and have it sit.  It exists by being used, but necessarily by being spent.</p>
<p><font color="#3399bb"><font size="1">[More on this to come - this post will be continued and expanded with content that was not ready at the time of publishing ]</font></font></p>
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