Archive for April, 2010

How Brands & Retailers Can Profit from the Social Commerce Group-Buy Trend

Apr 30, 2010 12 Comments by Paul Marsden

As investors pour millions into social commerce sites of the Group-Buy persuasion, should brands and retailers be looking to add Group-Buy functionality to their sites? If investment activity is an indication of market opportunity, then adding Group-Buy features to e-commerce sites – a la Dell Swarm – is a no-brainer.  18-month-old-and-already-profitable startup Groupon has just [...]

Market News, Trends Read more

Facebook Fan Arbitrage – Buy for $0.15c, Sell for $3.60

Apr 29, 2010 5 Comments by Paul Marsden

Q: How much is a Facebook fan, er ‘liker’ worth?  A: $3.60. New data shared by Vitrue, the Facebook marketing/sCRM agency with some very big clients (Apple, AT&T, Best Buy, Ford Motors, Kelloggs and P&G) has calculated that the media value generated by the average Facebook fan is $3.60/year (if you post to your wall 2x per day, based on impressions [...]

Market News Read more

The future of f-commerce; Levi’s, P&G & Bejeweled lead the way

Apr 28, 2010 7 Comments by Paul Marsden

Whilst many brands have still to digest the difficult-to-underestimate implications of new Facebook initiatives announced last week at f8 (widely seen as Facebook’s Google Moment, amounting to nothing less to an audacious bid to takeover the Web by becoming the social glue that binds the web together by rolling out Facebook social plumbing across the entire Web (through social plugins, portable social [...]

Market News, f-commerce Read more

Speed Summary / Mitch Joel on Social Media @ Social Commerce Summit

Apr 27, 2010 4 Comments by Paul Marsden

Here’s a speed summary of Mitch Joel’s (Six Pixels of Separation, Twist Image) talk at this week’s Social Commerce Summit, with advice on how to adapt your digital marketing strategy for today’s social-powered web. 1. We need to reboot digital marketing, Control-Alt-Delete it, and build new digital platforms with social features that allow us to [...]

Insights Read more

$6m for New Brand-to-Bloggers Social Commerce Network

Apr 26, 2010 1 Comment

OpenSky, the new brands-to-bloggers social commerce network headed up by John Caplan (former chief exective Ford Models, CMO About.com) and Ted Rubin (former ELF CMO) has raised an additional $6m funding, taking total funding to $11m. OpenSky, soft-launched earlier this year with an all-star board of directors (Scott Kurnit, Bob Davis and Daniel Ciporin), is an [...]

Read more

Speed Summary / Urban Outfitters 12 Rules of Social Marketing

Apr 26, 2010 1 Comment

Another speed summary from the Austin 2010 Social Commerce Summit - Dimitri Siegel, Executive Director of Marketing for fashion apparel retailer Urban Outfitters, sharing the company’s 12 rules for doing social marketing. The Big Idea: Social Marketing is About Building Personal Relationships 1. Hang out with the Cool Kids: Social media allows Urban Outfitters marketing team [...]

Read more

Speed Summary / Google on Social Commerce – Social Commerce Summit

Apr 24, 2010 8 Comments

Here’s a speed summary of Google’s presentation this week at the 2010 Social Commerce Summit this week by Director of Product Management, Sameer Samat, who used the occasion to announce the launch a new Google Product Reviews Program (integrating customer reviews into search results and AdWords campaigns). The Big Idea: Successful social commerce means a) thinking cross-channel [...]

Read more

Speed Summary / Sam Decker + Domino’s Pizzas @ Social Commerce Summit

Apr 23, 2010 No Comments

The Austin 2010 Social Commerce summit hosted by Bazaarvoice kicked off this week with an inspiring double act from Bazaarvoice CMO Sam Decker and Dennis Maloney, VP Multimedia Marketing at Domino’s Pizzas (after a little Bazaarvoice chest thumping from CEO Brett Hurt (five years old, 800 clients, 550 employees, 100,000,000,000 review-based impressions served…)). Entitled From Participation [...]

Read more

Speed Summary / Rushkoff on Social Media @ Bazaarvoice Summit

Apr 20, 2010 4 Comments

Here’s our speed summary with top 10 takeouts and quotes from the digital media thought-leader Douglas Rushkoff talking today at the Social Commerce Summit in Austin hosted by Bazaarvoice. In a talk entitled “Get Back in the Box” (also the title of his book championing innovation ‘from the inside out’), Rushkoff made the case for ditching social media as a [...]

Read more

Bazaarvoice in Bed with Buzzmetrics

Apr 16, 2010 No Comments

Social commerce solution provider Bazaarvoice, a specialist in Customer Ratings & Reviews will begin piping its ratings and reviews data into My Buzzmetrics, the popular social media monitoring dashboard from audience measurement company Nielsen (press release). The combination of structured word of mouth from customer ratings and reviews with freestyle word of mouth found in social media should [...]

Read more