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Social Media Contribution, Participation, and Future

Social Media Landscape is broad. Sharing, Discussions, Networking, Media, Blogging, Microbligging, Livestream, Livecast, Virtual World, Gaming, Multiplayer games, Music, Video, Podcast, Review, Social Bookmarking, and Wiki. This is just a list of the beginning of social media. What started as e-mails, groups, and messenger, has now widened its scope, reach, depth, richness, interactivity, and quality.  The most challenging aspect of Social Media today is the way participation needs to be moderated, and a promotion of better quality content. On Websites like  Twitter  the trends keep changing in a very unexpected way, and there is no sense, pattern, or predictability behind them. E.g Osama Bin Laden was killed, and we witnessed about 12.4Million Tweets an hour! Lady Gaga, Eminem have such an amazing fan following on Social Media, that other celebrities are clueless about the reasons behind such madness. The participation of users never portrays a pattern on Social media, ...

Buzz around Social Media RoI

Return on Investment! Returns.. Returns.. More returns..!! In our social life (offline) we have always interacted with people, spent time with like minded individuals, and maintained selfless relations. But, online world is a different ball game. We interact, mingle, network, and follow people with two motives: Returns, and Referrals!  A follower, friend, acquaintance, or a like-minded profile needs to be cared about, tolerated, conversed with, flattered, and greeted by automated responses until he/she adds value to this concept of RoI. On the other hand, we have people and profiles who would take the same actions, but, for a greater cause, i.e. Relationship building. A simple Hi, Hello, or Nice talking to you makes no harm. An automated response does. It is painful to follow or invite a well-known/knowledgeable person and get an inhuman/ impersonated reply. We still follow the profile, but I am unsure of the value created in such a relation, and the Return He/She would get in suc...

Social Media/Networks, what is in it for starters?

Newbies in the world of Social Media face so many challenges, ranging from creating quality content, understanding of tools, analysis of market, identification of target segments, access to reliable data, networking with experts, idea generation, increasing relevant/organic follower base, and building a credible online presence. Though the online space is relatively new, there are thousands of Social Media Experts, Specialists already! A newbie gets confused as to who really is an expert, and who is posing to be one. If we consider the follower ratio, then we are certain to end up at the wrong expert. Startups, freelancers, and small enterprises thrive on the follower optimization scheme. They charge some cents per follower, and by investing a few hundred dollars, these good-for-nothing individuals get a better presence. Billion articles, million Websites, thousands of specialists/experts, and just a handful of real Champions in the online space, there has to be some way out to find o...

OME Meet-Up December

Minutes of the meeting: OME Community meet-up December- 2010 Programme Outline: Introduction - attendees and members Introduction - OME Community (by Suresh Babu) Introduction - NSRCEL and the NextBigIdea concept (by Suresh Babu) Introduction to e-commerce (Suresh babu) Presentation on e-commerce (A Malve) Q & A Coffee, Networking, and Discussions Power Tips Photo Session Conclusion Sunday, the 18 th of December 2010 saw numerous new and most of the regular Online Marketing Enthusiasts get together for the tenth time, since the inception of OME in April 2010. From established brands to startups, from veterans to amateurs - the OME now boasts of members from several industrial sectors, who unite under the Central Pergola roof of IIMB to imbibe and share knowledge on topics of online marketing and most of all enjoy themselves immensely during the process. The start was as enthusiastic as the members on the floor; introductions revealed abundant inquis...