Ownership


peasantThe medium was the message in 2011, a year in which revolution and riot were ignited by social media. The persistent insistence that the internet has come to represent a force for democratisation has come under increasing scrutiny. The # is equated to a symbol of equality and freedom, but the extent to which this parallelogram marks out our personal Hyde and becomes a symbol of our own serfdom is something I have recently questioned.

The similarities between social media and feudalism resonate under closer inspection of the ideologies underpinning the two systems. In announcement prior to the announcement of Facebook’s IPO, Zuckerberg announced "we don’t build services to make money; we make money to build better…” Feudalism, a system based on social interaction, functioned on a peasants willingness to toil to maintain a space in return for protection, nourishment and submission to authority.

The reciprocity of relations in feudalism echoes the reciprocity of relations in feudalism. Social media is reminiscent of feudalism as we work to rent a segment of cyberspace (a Hyde), be it a profile page, a news feed or a channel, from a corporation (or a magnate) ie Facebook, Twitter or YouTube. Like feudal lords these sites (estates) profit through our willingness to work for free and pay for our space through site maintenance. Because we do not give capital for our segment of cyberspace, we pay for it in other ways.

Just as the serfs had no control over their regulating authorities, we too have no space to protest over site updates (for example, the introduction of Facebook timeline). When taken in this context social media appears on an oddly retrograde. It is then that the uprisings of 2011 become the doppelgängers of the Early Modern Peasants Revolution.

Both Luther and Swedenborg were inspired to action partially due to the apparent corruption in the feudal system and the arrival of new media which allowed them to disseminate a message of egalitarianism and revolution. The reformation changed the shape of Europe. However, what has become clear in the wake of the revolutions in 2011 is the difficulty which users of social media have had to impact on any lasting or meaningful change.

@camillaEclarke

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journo

The last decade has been something of a whirlwind for traditional media. Old school stereotypes of trench coats, smoky newsrooms and 4pm deadlines have been replaced with 24-hour reporting, the internet and social media.

Despite the challenges that traditional media has faced and will continue to face in the near future, the 2012 Edelman Trust Barometer, published last week, revealed some extremely positive news for the world’s media.

They were the only industry that saw a global increase in trust.

In a time in which there is global disillusion with government, business leaders and traditional figures of authority, the role of the media to provide the public with facts, transparency and both sides of the story is more important than ever.

I do not think this comes as a surprise. In a world of economic uncertainty I believe that it is only natural that we turn to the industry built on the grounds that it provides accurate and fair information, designed to educate us on important issues.

While trust in all media, that is traditional, social and online, saw an increase in trust, i believe that the biggest opportunity to affirm itself as the place we turn to first for news lies with traditional media.

Traditional media have the advantage of being long-established news outlets with a rich background in news reporting. However, in order to truly fulfil this potential, they must ensure that they embrace the modernism’s that have changed their industry, and continue working towards providing a diverse and content- rich service.

The Edelman Trust barometer also indicated a 75% increase in trust in social media, a figure very difficult to ignore. While traditional media have made great progress in incorporating this into reporting, I believe that there is still much more room for improvement.

By incorporating social and digital content with traditional news articles, publications can create news packages that will enable them to not only reach wider audience, but also develop more comprehensive content and effective audience engagement.

santa ipadThe hotly anticipated 2011 Christmas shopping season saw a rush of retailers for clambering to offer better door-buster and free shipping deals than the next. So, as a nation of consumers, did we live up to our end of the bargain?  John Lewis Group and Next are among the retailers to have already published their data. With numbers still expected from others – for high street and online – it may be another week until we have a full picture of economic data that will make a concise story. In the meantime, eConsultancy ran a nice round-up of Christmas 2011 ecommerce stats published thus far. Of interest:

· Online sales in December were up 30% year-on-year, and the last week before Christmas saw almost double the sales compared with last year, according to stats from MetaPack

· 640,000 tablets were given as gifts to adults, with the iPad dominating the market with 72% of sales

· 4.2m iOS devices were activated on Christmas Eve and Christmas Day

· Christmas Day was the busiest day of the year for mobile clicks, with volumes 36% higher than the early month peak on 11 December 2011 and 50% higher than the average for December

Now here is an interesting stat:

· Boxing Day 2011 was the biggest ever day for online retail in the UK, according to Experian Hitwise, and represents a 19.5% increase from last year.

This is a measure of visits, not sales, however. Consider another stat to come out last week – More smartphone and tablet owners are researching products that purchasing them – 80.8% compared to 41.4% – it will be interesting to see how the e-commerce sales numbers stack up for Boxing Day and whether all this traffic converted into sales, or disappointed shoppers perusing the clearance sales with a Turkey hangover. My money is on the stuffing.

@jacqui_fleming

As much as the media industry would like to believe the age old saying ‘all publicity is good publicity’, research by Visable technologies comparing Macys Vs Kohl’s and Target Vs Walmart Twitter interactions demonstrated that this is not always the case.

The report compares the amount of tweets sent out and the level of customer sentiment by the four retailers in the wake of ‘Black Friday’, when brands tend to overload consumers with advertising in the vain hope that they will be chosen over a competitor.

The report proves that too much advertising does not always get results. Kohl sent out 99.7% of the two retailers tweets in that week, yet the level of sentiment for Kohl’s was one of annoyance. However the report goes on to prove that if the material is fresh and relevant to customers, self promotion is not always a bad thing with Walmart sending out proportionally more Tweets than Target but these were seen by customers as original and fresh.

This shows that brands need to be aware of the rising consumer power and tailor fresh and personal communication to customers rather than trying to gain as much coverage is possible.

@t_bloore

This morning Edelman’s DERT team announced the results of their fifth annual survey on Value, Engagement and Trust in the Era of Social Entertainment. Gail Becker, President of Edelman’s Western U.S. Region presented the results and hosted the event along with Jon Hargreaves Managing Director of Edelman Technology in Europe and a panel of experts including; Matthew Hawn, Vice president Last.fm, Emma Barnett, Digital Media Editor, The Daily Telegraph and Simon Nelson, the Digital Business and Strategy advisor and former controller of multiplatform commissioning at the BBC.

We will be sharing the full slideshow on here later today and posting up video snippets of the event for now here are the highlights and some of our thoughts, let us know what you think.

The key stats from the survey:

· 4% of U.K. consumers feel positive about the move to a paywalled service

· 45% of people in the U.K. and 57% in the U.S. believe social networking sites are a form of entertainment

· Personal enjoyment and visual/sound quality continue to top the list of purchase drivers with “being one of the first to have new entertainment” dropping significantly (to 14%, down from 40% in the U.K. and to 17%, down from 41% in the U.S.).

· More than half (52%) of all respondents would like to use a computer to access further entertainment content, and 30% would like to be able to access that content on their mobile phone

· 49% of people in the U.K. and 52% in the U.S. believe they are spending more than a year ago with their mobile phones to access their entertainment, while 59% (U.K.) and 53% (U.S.) spent more time with their laptop

As the study revealed last year, the internet remained the second most frequently turned to form of entertainment for the second year in a row. While television remained the most frequent form of entertainment both in the U.K. and the U.S. (49% and 47% respectively), dropping 8 and 11 percent respectively since 2010.

The Internet as connective tissue

Most sources of entertainment are less used, this just means that people are spreading their consumption wider. It seems that to succeed in the era of social entertainment, entertainment companies must invest in multiple channels of distribution to enable consumers to access their content wherever and whenever. Five years ago the entertainment industry viewed the internet as a threat, but now it’s an opportunity for those same companies to monetise internet content through simple revenue models indeed the internet can be the connective tissue bringing content together.

Overwhelmingly, consumers (84% in the U.K.) feel negatively about the move from free to paid entertainment services. The survey also reveals that paywalls created by entertainment sources for previously free services are being met with feelings of frustration and distrust by users. Some cite the lack of improvement in quality of service, while others state they would suspect a profit motive driven by greed.

The study also delivers insights on how content providers can try to overcome feelings of distrust about paywalls by delivering value in other ways. 87% of U.K. respondents consider visual and sound quality important in making their entertainment purchasing decisions and nearly half (47% in the U.K.) consider the number of devices with which they can access the entertainment.

Towards the end of 2010, chatter about ‘Millennials’ significantly increased – not so much to do with their purchasing decisions or sources of influence – but instead about the impact they will have on the future of the workplace.

More tech savvy, collaborative and demanding than Generation X, Millennials going into organisations today, who have grown up in a constantly-connect world, are likely to find existing IT infrastructures and business processes suffocating. With reams of red-tape upholding corporate and IT-usage policies, particularly around the utilisation of applications and devices dictated by the IT department, such working practices may indeed seem alien or unintuitive to Millennials who have grown up to function in a very different way.

I agree with Mark Samuels in his recent piece for silicon.com that, ‘[Millennials] are also far from the clichéd media depiction of tech-savvy anarchists set to destroy established corporate hierarchies,’ but I think that as technology evolves, the use of social media continues to become second nature to younger generations, as well as a more considered platform for business growth, then inevitably it is only a matter of time before significant change occurs. And it won’t just be employees influencing change; it will be customers demanding it too.

Therefore the pressure is on the CIO to make serious decisions about the future delivery of IT to the workforce, whether that’s through cloud models, VDI, supporting ‘bring your own devices’ and so on. A greater challenge can also be ensuring that Millennials and other generations within the organisation are supported to work collaboratively now, catering for the technological capabilities of younger generations while also recognising the needs of employees who haven’t grown up in the connected world we know today.

@LucyDesaDavies

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