If you doubt the potential of Twitter, Facebook and other social media, read this recent column by Nicholas Kristoff in the New York Times. The depth of meaning here is amazing. Twitter is an outlet for the voices of freedom in Iran; the ongoing human rights situation in China creates the impetus for incredible cyber innovation; and the United States could help, but doesn’t necessarily have to do anything except watch quietly.
Social media is not just the latest iteration of the Web; it’s already embedded in world-changing events.
Here are 7 non-nonsense rules for any editorial types who plan to survive the 2009 Media Meltdown and transform themselves into the content creators of the future. For the detail, read the original blog on Recessionwire, written by Laura Rich, a journalist and regular contributor there.
Readers are your competitors — and your friends.
Identify your expertise.
Build your brand.
Be transparent.
Crowdsource (actively seek participation in the development of your story).
Use self service tools.
Interact with your readers.
You’ll find the full explanation behind each at the original blog.
In his dependably brief and insightful blog, marketing guru Seth Godin writes about this video of a spontaneously developing community at a dance festival: “My favorite part happens just before the first minute mark. That’s when guy #3 joins the group. Before him, it was just a crazy dancing guy and then maybe one other crazy guy. But it’s guy #3 who made it a movement. Initiators are rare indeed, but it’s scary to be the leader. Guy #3 is rare too, but it’s a lot less scary and just as important. Guy #49 is irrelevant. No bravery points for being part of the mob.
“We need more guy #3s.”
There are lots of lessons you can take away from this. The one it most illustrates for me has to do with starting a business or launching a new product. More than once I’ve found myself dealing with a leading-edge product that I thought was brilliant. Too often, the response from the target market was, “Interesting. We’ll wait and see.”
The first copycat to come out with a similar product validates it, and makes it easier to sell. The next competitor helps flip the switch among customers from “wait and see” to “hurry up and buy.”
One’s an innovator; two’s competition; three’s a movement.
Conventional wisdom among many of the people I know — regardless of how they feel about President Obama’s social agenda — is that his economic agenda is pretty tough on business.
As reported by Stacy Blackman at bnet.com, Dr. Robert Frank at Cornell University’s Johnson School of Management and a New York Times columnist, feels othewise. I’m especially intrigued by his view on universal health care.
From a New York Times wire story in The Plain Dealer:
This morning, at the American Museum of Natural History, researchers will unveil a 47-million-year-old fossil they say could revolutionize the understanding of human evolution at a ceremony.