Posts Tagged MySpace

Who Should Own Social Media?

25 Mar 2010

It’s a frequent question I hear: “Who Should Own Social Media?”

Three Common Reasons for Social Media
In our experience at Room 214 we typically see three major reasons organizations dive into social media:
1. Product Development/Feedback
2. Sales/Marketing/Brand
3. Customer Service
Each one of those “reasons” requires its own cast of characters to “own” the process. In addition – each carries unique key performance indicators to measure the health and success of the project. Because function-specific business goals, community value and KPI’s are all different – it’s critical for anyone heading social media efforts in a particular channel to have a clear understanding of the impact measures.

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MySpace, YouTube – Money Can’t Buy You Love in Social Media

01 Sep 2006

Marshall Kirkpatrick, of TechCrunch, posted about a recentHitwise finding showing MySpace is driving more online retail traffic than MSN search. First of all this is great news for MySpace, and all indications are that MySpace will continue to grow in presence and influence over the next two years. Where they'll be in terms of influence after that is still to be seen – come on we're talking about the Internet here. Other social media sites like YouTube are picking up tremendous speed, plus YouTube is not under the ominous ownership of Fox like MySpace is.
Personally the most interesting line in Marshall's post was the summary of The Financial Times article on the belief that the shortage of marketers skilled in negotiating sites like MySpace and YouTube is one of the biggest barriers to the growth of advertising online.
We can attest to the truth behind The Financial Time's position, as the largest and most sophisticated brand and marketing…

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