11 April, 2012 | Written by edward boches 11 Comments

Ten benefits to using Springpad’s social notebooks

 

It’s finally here, Springpad 3.0. We’ve completely redesigned the platform. While Springpad has always been an incredibly useful app for the 3 million people who count on its utility to save, organize and easily access everything from recipes to wish lists, it’s now a social experience that lets users share content, discover interests and even collaborate on notebooks.

We’re pretty excited. You can still use Springpad to quickly and easily “spring” content in any form — recipes, books, movies, products, links, notes, tasks — but now you can “publish” your content, search by category, create communities around hashtags and isolate your friends based on their specific areas of expertise. Springpad just got a whole lot more useful.

No doubt our community of users will surprise and inspire us with uses beyond what we’ve imagined — organizing book clubs, collaborating on design projects, plannning family vacations, sharing best of lists,  creating cookbooks, co-curating resources — but I thought I’d share 10 things that we can all get out of the new Springpad starting today.

Free yourself from the stream

One of my favorite things about Springpad is its persistence. If you spring something, it doesn’t disappear in the stream like it does on Twitter. It’s always there. In a notebook that is easy to find, search, access. Same goes for a friend’s content. Let’s say someone you follow on Twitter posts a link to a new restaurant in San Francisco. Within a matter of seconds it’s gone. You may have seen it, but a month from now when you’re in the Bay Area and wish you could remember it you’re out of luck. But if she had “sprung” it to a notebook, there it is. In her “San Francisco Foodie Spots” notebook. Instantly findable and usable. Give a +1 to the concept of persistence.

Express your interests

Sure Pinterest lets you post the stuff you care about, find inspiring or hope to own/do someday. But Springpad lets you do the same with more than images. You can spring notes, events, products, links, white papers, Slideshare decks. It offers a very clean and flexible way to organize and present your interests.  It’s not only a great way for you to segment your life, but to let other people see you in a new, clearer light.

Make better decisions

One of the coolest things about Springpad is that it enhances everything you save with useful data. Spring a product and the app brings you all the prices on the web. Save a movie and it tells you where and when it’s playing, whether in the theater or on Netflix. Clip a restaurant and you get menus and maps. All of which helps you buy at the best price, get to the show on time, or decide what you want to eat for dinner.  The whole idea is to turn interests into action.

Collaborate on anything

Obviously you can make notebooks private or public. But you can also co-curate notebooks with friends or colleagues whose taste and judgment you respect. I’ve got collaborators on my Stay Fit, Ride More notebook as well as on my Industry Trends notebook.  In fact the latter has four contributors. Imagine how useful that feature would be for a bride-to-be and her Mom planning a wedding.  Or parents and their teenage son organizing college applications and visits. Or an interior designer and her clients working on a renovation. Since you can clip, save, and comment on anything — products, images, links — notebooks become dynamic and interactive.

Discover more of what you love

Once we get more people on Springpad we’ll have an incredibly efficient social search engine. But even while the numbers are a long way from Facebook or Google, what makes Springpad search useful now is the ability to scour categories that matter to you and then filter the results by people whose judgment you trust.  Just take a look at the Spotlight section under Explore, or the popular notebooks below it. I guarantee you’ll find something of interest.

Share your expertise

Are you a teacher? Blogger? Digital strategist? Gardener? Designer?  Why limit your content creation to a lecture, a blog or links on Twitter. You can populate Springpad notebooks with both your own stuff as well as material from other sources, getting credit both as a content creator and a curator.  Add the persistence mentioned above and the fact that it can drive traffic your way and it’s a perfect complement to the other initiatives.

Make a plan

I’m using Springpad right now to plan a vacation to LA and San Francisco. In this case my private notebook has everything from hotels and restaurant reservations to confirmation emails, maps, flight information, contacts and a calendar. I add stuff as it comes in via email or as I find it online, and not only do I have it all in one place, I can take it with me on a lap top a tablet or smartphone. Trying to find may way to Universal Studios?  My notebook not only has my tickets, it includes maps and directions.

Follow notebooks, not people

This was a big part of my presentation at SxSW. I have a lot of friends on Facebook and Twitter for that matter who post stuff I have no interest in whatsoever. I don’t care about Alison’sFunniest Animals on the Internet, but I am interested in her Books for Work notebook.  So I simply follow the former and not the latter. The content rather than the whole person. This is the interest graph at its best.

Find people you trust

Consequently Springpad will ultimately connect you to people whose opinions you trust. Foodies, oenophiles, book critics, cyclists, beer critics, chefs. As you find people based on the quality of their content and the relevance of what they share, you end up with better go-to sources and more reliable recommendations.

Present yourself

There are lots of ways to put your personal brand on the web. But what’s cool about Springpad is that it lets you present yourself, your content, your interests all in one place with more dimension.  Wouldn’t you like to get a job candidate to send you a notebook that contains their content, portfolio, blog, favorite books, news coverage, recommendations, etc all in one place that you can access in whatever order you want?

For me, the new Springpad is a better way to filter the web, organize your own interests, discover great stuff from reliable sources, and more easily turn interests into action.

Hope you’ll join me and our growing community on Springpad.  Create some great notebooks. And discover even better ones.  Let me know what you think.

(Note: As mentioned before, I now work half time at Mullen as chief innovation officer, but part of the agency’s approach to innovation is to learn from the startup community, hence I am also at Springpad as chief marketing officer, brand evangelist and, of course, notebook maker.)

Springpad CEO Jeff Chow on the thinking behind the new Springpad.

Introducing the New Springpad (video)

Liz Gumbinner’s notebooks

My Steve Jobs notebook

Venture Beat coverage

 

13 March, 2012 | Written by edward boches 12 Comments

SxSW Panel: Harvesting Consumer Intent from the Social Web

To those of you who made it to our over-subscribed SxSW panel, thanks for showing up, for engaging and for expressing so much support. To those of you who got shut out, please accept our apologies. Apparently SxSW did not anticipate the demand for this topic and only gave us room for a few hundred attendees.

I thought I’d share a recap here, as there seems to be no shortage of interest in the interest graph.

We were lucky enough to have Venture Beat’s Jolie O’Dell moderate a group that included Springpad founder Jeff Janer; Vayner Media founder AJ Vaynerchuk; strategist Farrah Bostic, and myself.

Wanting to avoid the pitfall of too many panels – unfocused, rambling conversation — we actually determined our questions in advance, prepared answers and assigned roles.  We even used an interest graph platform, Springpad, to share and exchange ideas.

Panel Thesis

We had point of view that we could all agree on,

  • The interest graph is replacing the social graph as the new frontier.
  • It offers a better opportunity for brands and marketers to connect and engage with prospects, customers and community.
  • Learning to engage, add value, and both learn from and market to the data are the ingredients for success

We then answered eight questions.

How is the interest graph (and with it the expression of intent) going to change how both consumers and brands use social media?

I used a couple of simple examples to answer this. Take my Facebook friend Alison. We share some interests. But if I friend her on Facebook I might find my stream cluttered with updates on shopping trips or cat memes. Those are her interests. However, Alison knows Austin restaurants, business books and social media trends. What if I could follow just those topics? Then Alison would become a true source of knowledge.  And I would have greater flexibility to filter and access the content that matters to me.

For my brand example I used the curious case of American Express. I’ve been a card member for 35 years. Yet on Facebook, they offer me coupons to the Cheesecake Factory and discounts on cruises. Look at my purchase history, American Express! I have never done either of those things. What are you thinking?

If AMEX could tap into my interests, rather than my friends, they would send me useful information on hotels and trips to the cycling capitals of the world. (Note, even after a 60 mile ride I don’t plan to eat cheesecake.)

What are the platforms and the difference among them?

We talked about Foursquare’s evolution from check-ins to recommendations, discussed how The Fancy can actually drive purchase, and showed how Polyvore adds value to online shoppers.

No conversation about the interest graph is complete without a nod to Pinterest, which makes it super easy to collect, curate and post inspirational images, so we gave them a pretty good shout out, too. But what remains missing from all of the platforms but Springpad,* are the enhancements and alerts that help convert interest to action.

There’s more, too. Specialised platforms like Get Glue, along with established players like Facebook, all have something to offer. Right now the field is crowded and getting more crowded, so you have to pay attention not only to what’s hot now but also to what might catch on over the next year.

Consumers are jumping on platforms like Pinterest, but do marketers yet understand the opportunity?

Not really. As they tend to do with most new platforms, marketers treat them as another broadcast medium, injecting their content and hoping for traffic. True, brands fit more seamlessly into the interest graph than the social graph. The former is about what we like while the latter is about whom we know.  But based on the brand behavior we see on Pinterest marketers have yet to realize that these new digital playgrounds are ideal for engagement and adding value, not simply showing off our wares.

Interestingly, Mullen’s recent Social CMO Research reveals that only 13.6 percent of marketers capture preferences or interests in their social media efforts. So there is a huge opportunity.

How can brands and marketers leverage these platforms?

One of the best lines came from Farrah Bostic. “If all you do is show, all consumers will do is look.” That’s a suggestion that we need to do more than post products and links. At Mullen, we recommend that clients foster discovery, learn to engage, and leverage the data. I won’t elaborate here as all the bullet points are on slides 30, 31 and 32.  You may want to check them out.

Are any brands getting it right?

It’s really too soon to say. We don’t have much to go on. But a quick search of brands on Pinterest shows that very few do anything beyond self-promotion. One shout out goes to San Francisco’s ModCloth. Willing to share and post far more than their own catalog, they’re inevitably learning what catches on with their community and offering more reasons to return, pay attention and interact with content.

What could brands be doing?

A lot more. Why not show your expertise in a subject other than what you sell (Burberry on London, Clif Bar on nutrition, Tommee Tippee on baby care) and become a trusted resource.  One of the clear takeaways from SxSW is that all brands have to move beyond branded content and become content brands, starting conversations, producing entertainment, and earning attention. Interest graph platforms are the ideal place to do that. After all, people aren’t there to see their friends but to explore and act on the things that matter to them.

What does success look like?

This is not about likes, followers and RT’s. Most of which mean little or nothing. This is about significant traffic and inbound links. All of which are measurable and can be traced back to your content. It’s about deeper engagement that leads to better understanding of your customers. Imagine being able to market to an individual rather than a segment or demographic. And finally, ultimate success consists of outcomes in the form of purchases and other actions. If you become a trusted source of relevant content, engagement and interaction will certainly yield higher conversion.

How do brands get started?

The list is clear. Explore the sites, establish a presence, don’t commit to just one site, learn conversation strategy, measure and track everything, understand the data, create APIs. And something that I’ve learned from all the startups with whom I’ve worked: get to know the product visionaries behind the new services. While they’re still young and small, they’ll be hungry to please, to teach and to co-create with you.

If you have any other thoughts or ideas, please share.  And help yourself to the deck.

* Note that in addition to working at Mullen, I am the CMO at Springpad.

 

 

 

 

 

 

3 March, 2012 | Written by edward boches 17 Comments

Facebook can’t make your social ads more effective

Note the percentage of "talking about this" to "likes." Even Mashable's is a mere .03 percent.

Facebook’s new advertising strategy and the launch of brand timelines has received no shortage of attention. And deservedly so. The platform is about to reach a billion users and its upcoming IPO could be the largest initial offering ever. Which makes anything Facebook says or does big news.

But the timing of the new brand page announcement to coincide with the upcoming IPO is no coincidence. Obviously Facebook wants to position itself as more relevant than ever to the advertisers who will fuel its future growth.

This appears to be a smart move, as brands need some serious help on Facebook. Despite the fact that most brands have a huge Facebook presence and generate $3.7 billion in annual revenue for the social platform, the dirty little secret is that most people don’t visit brand pages and miss a full 84 percent, at least, of brand posts. Basic math quickly shows that only a tiny percentage of those who’ve acquiesced and granted their coveted like upon a brand pay any attention at all – half a percent of Ford likers pay attention, significantly fewer Old Spice clickers seem to care,  and not even a full one percent of Nike fans engage. Why even mega-passion brand Lady Gaga gets just .01 percent of her fans to listen. Likes as currency? Not yet.

The problem of course is that most brands use Facebook the wrong way. They come for the size of the audience more than the social behavior that users exhibit. Marketers show up with old tactics and techniques, posting messages and updates, rather than creating stories that merit attention and embrace the platform for its social qualities.

To its credit, Facebook has worked tirelessly to educate those willing to listen on how to be a social brand, rather than a brand that uses social media. But without much success.

Conversation strategy remains little understood by most brands

Consider some findings from recent research conducted by Mullen. We surveyed 160 CMOs and discovered that the number one metric for success remains likes. Only 34 percent of companies have even developed a conversation strategy. And by far the majority of content created by social media marketers consists of little more than product promotions and offers.

The thinking behind the Facebook changes is that it might get brands to do a better job at telling stories, creating the kind of content that works in the stream, and learning to earn attention engage more effectively, once and for all eschewing the tendency to broadcast content as Facebook were a TV channel.

The question is whether or not the changes alone will get brands to modify their behavior. Venture Beat reports that, “Facebook’s changes will do a lot to help marketers shift their thinking about social marketing. In particular, it will help them appreciate the power and the effectiveness of the user’s news feed.”

This will wean marketers from apps, forcing their landing page to be the new timeline. But it won’t guarantee that marketers learn to use the news feed effectively.

The only way that can happen is if advertisers stop thinking like advertisers and learn to think more like users themselves. Sharing stuff that’s useful, interesting and makes a contribution to the conversation. (Can you believe we still have to say stuff like that?)

Success will come from handing Facebook over to people who know how to engage in real time, who understand community, and who start their thinking with their users. Traditional media thinking – buying and audience – and creative – let’s make something shiny and clever – may become less effective.

My colleague Sean Corcoran offered some useful suggestions in a recent column.

My suggestions are similar with a few additional guidelines.

1. Learn to earn your way into the newsfeed by creating content that starts conversations or inspires participation.

2. It’s not always about a big, clever creative idea, but about the moment and real time conversation.

3. Master the analytics that will help guide you. Determine who among your community matters, learn what content is working, prioritize the results you want to see. Most importantly, think short term and long term.

4. Be present all the time.

5. Put the right people in place; you need a fast-acting, hybrid team comprised of digital strategy, content production, and community management.

6. Don’t assume that Facebook despite its size is always the answer. I personally believe that as the interest graph platforms (Pinterest, Springpad – where I also work – and others) take off and grow their user populations there will be additional platforms that work better for connecting with people who share your brand’s interests.

The bottom line is simple. Facebook can’t make your ads, or your story, more effective. You have to do that.

Facebook changes explained quite well.

15 February, 2012 | Written by edward boches 18 Comments

The interest graph is coming. Eight ways to get ready.

Social networks like Facebook start with your friends and let you see what you have in common.  Interest graph-based models – Springpad, Pinterest, Get Glue – start with your interests and then let you make connections. It’s less about who you know and more about what you care about.

Platforms attempting to capture and map the interest graph are the next big trend in social media

If you happen to have your Google alerts set up to grab the latest blog posts and articles about Pinterest, you’re stream is pretty well populated these days. Add “Facebook Actions” or “Springpad” or “Svpply” or “Hunch” and it gets even more crowded.  Maybe that’s why I don’t dare add queries for Google’s new privacy changes or developments like YouTube’s original channels. It would be more than anyone could possibly bear.

With each passing week, the social web evolves. Now that we’ve supposedly mastered Facebook and Twitter, we’re confronted with Google + and all the new interest graph platforms mentioned above. Are we ready? Do we know what to do? Do we have a strategy in place?

Recent research that Mullen just conducted suggests not. We surveyed 160 CMOs and marketing chiefs to find out where they stood when it came to using social media, monitoring the stream, developing conversation strategy and having a plan for tapping the interest graph.

We were surprised at some of the results.

Marketers remain challenged by social media

While 87 percent of respondents claimed that social media was somewhat or very important to their marketing efforts, most of their efforts remained limited to, or at least focused on Facebook. Nearly 80 percent were committed to the world’s largest social network. But fewer than 20 percent were using Google + and a full 80 percent had no focus at all on a platform like Foursquare.

While ongoing engagement emerged as one primary objective (64.5 percent noted it) marketers declared their number one reason for using social media was to generate awareness (76.8 percent), an objective that beat out both customer support (29.7 percent) and building loyalty (53.5 percent).

Among the more disappointing, but perhaps expected findings was the fact that marketers measure success primarily by how many followers and/or likes they generate (71.6 percent). By comparison, downloads (24.5 percent), share of conversation (25.2) and referrals (35.5) remained far less important. The latter is particularly surprising given the social web’s built in ability to inspire word-of-mouth marketing and the sharing of recommendations.

When it comes to content, marketers continue to think like traditional advertisers. They primarily use social platforms to promote products and offers (67.5 percent) and to deliver updates (64.9 percent). Providing utility (33.1) and offering entertainment (22.7) remain far less important concerns.

Despite the flurry of press coverage on the emerging importance of the interest graph, nearly half or respondents (48.7 percent) never heard of the term “interest graph,” and when they had it explained – the ability to connect with consumers in a more meaningful way by tapping into their interests – only 26.6 percent thought it could be “very useful.”

As for all that buzz around Pinterest, a platform generating page views, user growth and inbound links for the early adopter brands? Close to half of our respondents (42.2 percent) never even heard of it, while barely a sliver (4.5 percent) had started using it.

Perhaps that’s no surprise given that 68.8 percent of marketers surveyed capture no interest graph data at all — not preferences, interests, or intentions.

Finally, while brand stewards aren’t quite overwhelmed with the proliferation of platforms, they (44.2 percent) struggle with one fundamental challenge – where to put their resources.

According to a recent Mullen study, most marketers don't capture interest data

From the social graph to the interest graph

The last finding surprises no one. Getting social media efforts to deliver hard results and ROI is a challenge for the simple reason that most consumers aren’t there to connect with brands and their advertising messages.

But the interest graph platforms can change that. If marketers can suddenly identify people who’ve raised their hands and virtually asked for a “proposal,” they can more easily connect with people who’ll welcome them.

Every social network knows this is the future. Facebook Actions now allows users to tap into and identify friends’ interests — music, tastes in foods and preferences for movies, books and more. Presumably, if you actually know what friends have good taste in music it will now be easier to call on their recommendations. Actions aren’t perfect, however.

You still have to scroll through the stream and most content isn’t really persistent, meaning if you miss it in the stream it’s gone. It still poses challenges for marketers, too.  Check out your own page and refresh it a few times. I guarantee that you’ll find the majority of ads that get served to you are completely irrelevant.  But the promise is significant. Facebook will inevitably get better at capturing even more data and presumably allow advertisers to more accurately focus messages.

Foursquare, which our research told us is barely on the radar for most marketers will start making recommendations to its users on where to eat and where to vacation based on past behavior and that of friends. Certainly any hospitality marketer – restaurants, chains, museums and hotels – should at least be exploring the possibilities, if not encouraging user participation.

But all of this is still new. The social graph as we know it is only a few years old while the interest graph has been a topic of discussion for a matter of months. So what does it all mean? For brands, it’s definitely not too late to be early. Marketers can still get in on the ground level. But they need to embrace it and work to leverage it.

For social media practitioners, there’s work to be done. We need to learn, educate each other, experiment and develop effective strategies and tactics.

Eight steps you can take to get ready

 

  1. Learn the difference between the social graph and the interest graph.  This simple description, by David Rogers writing in Read Write Web might help.*
  2. Read Grouped and get a better sense of how influence happens on the social web. The Tipping Point is a fallacy. Influence isn’t what you think it is. Small groups are what really matter.
  3. Open accounts on at least a few of the platforms. We would recommend Pinterest, Springpad**, and one other of your choice (The Fancy, Fab, Hunch) just to learn what it’s all about. Don’t commit to any one platform. Pinterest may be hot right now, but it’s too early to own this category and some consider the platform of the month a bit one dimensional.
  4. Take the time to learn what constitutes appropriate and effective conversation strategy on these new platforms. (Hint: it’s not simply about publishing content or adding a Spring This or Pin It button to your site.)
  5. Pay attention to Google’s new privacy policy and as mentioned earlier Facebook Actions.
  6. Look for opportunities to market to the data. We’re a few months or more away from this, but it’s coming.
  7. Use the platforms yourself. There is no better way to learn and understand their potential.
  8. If you’re at SxSW this year, come to our panel on the interest graph and deferred intent.

*The Social Graph

A social graph is a digital map that says, “This is who I know.” It may reflect people who the user knows in various ways: as family members, work colleagues, peers met at a conference, high school classmates, fellow cycling club members, friend of a friend, etc. Social graphs are mostly created on social networking sites like Facebook and LinkedIn, where users send reciprocal invites to those they know, in order to map out and maintain their social ties.

*The Interest Graph

An interest graph is a digital map that says, “This is what I like.” As Twitter’s CEO has remarked, if you see that I follow the San Francisco Giants on Twitter, that doesn’t tell you if I know the team’s players, but it does tell you a lot about my interest in baseball. Interest graphs are generated by the feeds customers follow (e.g. on Twitter), products they buy (e.g. on Amazon), ratings they create (e.g. on Netflix), searches they run (e.g. on Google), or questions they answer about their tastes (e.g. on services like Hunch).

Your thoughts? Please share ideas, examples or insights as to where you think things are going.

**Note: In addition to my role as Mullen’s chief innovation officer, I also work as Springpad’s chief marketing officer. 

 

 

 

 

4 January, 2012 | Written by edward boches 13 Comments

Social media gets interesting

What everyone in Silicon Valley and “Venture Land” conceive of as the real game-changing model involves capturing and capitalizing on the “interest graph. The company that succeeds in doing so would be “close to the Google search paradigm because it would be right in line with demand generation and with discovery that relates to product purposes.” Thus, it is the interest graph that defines the middle ground between Google and Facebook — between search, advertising, and the social graph.

The above paragraph comes from a year-old post in Tech Crunch, following last winter’s Goldman Sachs Technology and Internet Conference in San Francisco.  It was a prescient sentiment for sure.

Just look at the current landscape. The new emerging social platforms are less about the social graph and all about the interest graph. Pinterest, Springpad, Svpply. We’re seeing an evolution from people centric social media (who I am connected with) to interest centric social media (what I care about, want to buy, hope to do.) Users are jumping on platforms like these and others in part because they make it so easy to express one’s self by posting stuff you like or find interesting.  Add in the fun of discovery and the rewards of sharing and it’s likely we’ll see accelerated user growth.

Springpad lets me discover and save stuff I want then finds me the best prices on the web.

For brand and marketers, this is good news. It’s a lot more lucrative to tap into intent and desire than it is to try and penetrate communities where you’re uninvited. Even the best conversation strategists can’t necessarily turn engagement into sales. And it’s become pretty apparent that collecting likes on Facebook will never be the Holy Grail.  Just go to any Facebook brand page and take a look at the metric revealed by dividing fans “talking about this,” by those who “like this.”  The percentages are typically pretty low.  For Harley Davidson half of one percent of fans are paying attention while Old Spice’s number is only slightly higher.

In a recent video Gary Vaynerchuk asks an interesting question. “What’s the Dunbar number for brands?” He notes that most consumers have liked so many brands they don’t even remember which ones. As marketers should know, fans rarely visit a brand’s Facebook page and unless they engage on a regular basis they won’t see brand updates in their stream either.  How many brands can we actually have social relationships with? Ten? Twenty? Certainly fewer than the number of people we engage with.

But we can like or want dozens of products and places. Books we want to read, movies we plan to rent, places we hope to visit, restaurants we know we’ll eat at. Offer that up to a marketer and it’s gold. It’s also likely that the right kind of message or alert or incentive to act, served up in a tasteful and polite manner, will be more than welcome.

Expect to see some pretty interesting (no pun intended) developments in 2012. Pinterest may have great momentum, effortlessly converting consumers’ interests into inbound links for the benefitting brand, but there’s more compelling stuff on the horizon. Springpad, a company whose board I serve on, goes beyond interest to identifying deferred intent, then delivering relevant alerts and information that convert interest to action. That’s a benefit for both a user and the brand whose product or service fulfills an obvious desire. Springpad has a slew of significant enhancements coming in February that will make it even more productive and incredibly social.

No doubt there will be others, too. I recently met a new startup called Aditive that offers yet another way to tap into intent. By making online ads social and shareable Aditive encourages readers to share offers with friends who they know might like the product or promotion being offered.  When executed right, this simple tactic multiples click-through and effectiveness by a factor of 10 because it’s allowing consumers to identify interests that their friends might have.

In March, I’m on a panel at SxSW to talk about deferred intent and the brand opportunities inherent in social media as the interest graph evolves. Between now and then I’ll probably return to the topic a few times.  Until then, I’d love to hear your thoughts, ideas and, of course, your interests.

Thanks for reading.

Other links:

Storify:  The Interest Graph

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