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Grace

Hunch, a New York City-based startup founded by Flickr co-founder Caterina Fake and SiteAdvisor founder/angel investor Chris Dixon, has raised $10 million in funding for its questions and recommendations site.

Nearly a year ago, Ms. Fake revealed her new startup to the world. Her goal: to create a service that would help people make decisions via crowdsourced questions and advice from its users. Hunch launched last June and has been growing steadily ever since (it peaked at nearly half a million U.S. visitors last month).


Kelly

BBC news journalists have been told to use social media as a primary source of information by Peter Horrocks, the new director of BBC Global News who took over last week. He said it was important for editorial staff to make better use of social media and become more collaborative in producing stories.


Pixie
There’s a startling assumption buried as a throwaway comment on this post from TechCrunch on Google Buzz’s recent arrival. Apparently, links shared on social networks have been growing to the extent that the mighty Goog is concerned that this phenomenon could start taking eyeballs away from all those juicy paid search ads that keep the lights on at the Googleplex. Is there any validity to this claim? It appears so, if these data points are to be believed:

The Big Money: According to Compete.com, Google lags behind Facebook in driving traffic to major portals like Yahoo, AOL and MSN.

Silicon Alley Insider: This report last year claimed 19% of Google traffic came from Facebook (and that number is growing).

Compete.com: As you can see below, Facebook is rapidly gaining ground on Google. Golden question is what proportion of this audience are clicking on links taking them out of the blue-walled garden and into the wider web?
 
read more @ SMT 

Administrator

The first step to dealing with negative feedback is determining what type of feedback you’ve received. Negative feedback comes in a few different flavors, each of which is best dealt with by a different type of response. Determining which type of feedback you’re dealing with is an essential first step toward figuring out what is the appropriate response.


Administrator
Social media is increasingly the battlefield for disputes between David and Goliath. Thanks to the spotlight that social media tools like Twitter and Facebook can shine on these disputes, individuals have more power than ever to get companies to acknowledge their complaints and resolve disputes out in the open.

But that power can be deceptive. Despite the fact that social media can pressure companies to deal with sticky situations in a more even-handed fashion, individuals often waste the opportunity.

Here are some things individuals should do when using social media to do battle with a corporate Goliath.

Know what you want. When attempting to resolve a conflict of any sort, you need to know what you want. If you don't, any opportunity you get to obtain a favorable outcome may pass you by.

Don't overestimate your leverage. Social media gives you considerable leverage and can force a big company to the table, but don't let it go to your head. Remember: your '15 minutes' in the spotlight will probably last about 15 minutes because the next big social media firestorm is right around the corner. Companies will increasingly recognize this and factor it into their responses.

Be reasonable. Conflict resolution generally requires that all parties act reasonably. Is what you want something that the other party can realistically agree to? Have you given any consideration to the things you're willing to compromise on? If you answer 'no' to either of these questions, chances are you're not prepared to be reasonable.

Listen. The cliché that social media is all about 'listening' doesn't just apply to corporations. It applies to you too. Once you have a company's attention, be sure you're not ignoring what it is telling you. Even if the response isn't initially what you had hoped to hear, it may provide some common ground that further dialog can be based upon.
 
Read more @ Patricio Robles 

Administrator

PepsiCo. is putting social media to the test with its new charity initiative Refresh Everything. The soft-drink giant has notably refrained from SuperBowl ads this year, choosing instead to spread the word for its new campaign through digital and social means.

Pepsi is hoping that changing the way it does business will help improve its bottom line. Bonin Bough, global director of digital and social media at PepsiCo., says:

 


Ethan

Every content network has walked this rope at least once – ad inventory optimization. Direct sales team can only sell 40-50% of your ad inventory at any given time. The rest is filled with different ad networks, big and small. The math is very simple; push those ad networks which pay you higher CPM all the time. However, the truth is, no single ad network pays highest CPM all the time. It varies a lot depending on geography, time, page/site context, readers, etc. And to top it all, with strict frequency capping and default ads deployed,ad networks leave you playing with pennies.

Indirect sales can result in 30-40% of total ad revenue for any mid-size to large publisher. Today, for any smart publisher it’s must to optimize their indirect sales channel to boost the revenue. This becomes more challenging as almost allad networks are closed wall and have not (neither have intentions to) come out with APIs giving power to publishers.


Michelle

There is lots of chatter on the web relative to the ROI from social media. As we start a new year  more and more people and organizations will become consumed by defining the ROI. 

The Rising Tide of Expectations People and businesses don’t like spending time and money without defining the return on their efforts.  At the same time people and businesses engage in non-productive activities without even considering an ROI on those activities. So one must ask why do they think  social media activities will produce an ROI?


Pixie

Almost every event organsier talks about creating an engaged and involved audience. Sadly it rarely happens.

On Thursday I spoke at the Media140, a Social Media Meetup in London. The event was mostly dominated by Social Media agencies and consultants. There was a lively atmosphere, a loud shouty man and most of all, lots of energetic interaction.


Administrator

At the CMA - Canadian Marketing Association - Digital Marketing Conference today and Mike Murphy - Vice-President Media Sales - for Facebook just finished his keynote address, The Power Of Social Media For Brands. He dropped some Facebook statistics that dropped some jaws (including mine).


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