war room

Social Scanner: Don’t shut down your brand war room

Plus, there's a $6 billion social network without any members

For marketers, tent-pole events like the Oscars, the Olympics and the World Cup are all-day-and-all-night affairs. The “war rooms” brands set up during these attention-grabbing cultural moments are no-sleep zones designed to allow them to listen to consumer chatter, respond and deploy content in real-time.

But the day after the big show, most of these newsroom-style hubs are deflated, sending social marketers back to their desks, far from the execs and lawyers who give them the speedy go-ahead to press “post” during massive events.

What if they never shut down? What if, like the newsrooms of the journalism world, brand newsrooms were a constant fixture in marketing? After all, social media is live 24/7. Shouldn’t brands be too?

Several PR firms have already taken this approach, including Edelman Canada, which gave its creative newsroom offering a full-time physical space in its Toronto office back in January. Media Profile has similarly implemented regular meetings to discuss current events its clients could take advantage of.

While few brands have the budget to keep their newsrooms alive and staffed every day to the extent they do during the Super Bowl, working some form of the newsroom into a brand’s daily practice could have a big payoff.

“Rather than a temporary high-alert system, the war room should be a steady living, breathing extension of all social media marketing efforts,” writes Brand Networks CEO Jamie Tedford in MediaPost. “While the World Cup may only occur every four years, every day has real-time moments that brands can own, as long as they’re on the lookout for them.”

By investing in newsrooms on an ongoing basis, marketers can spot moments that are less pervasive, but have a closer relation to their brand. A bonus? There’s less competition, and you’re more likely to start meaningful, one-to-one conversations with consumers.

Pinterest is making it easier to discover brands

Pinterest had added an upgraded “follow” button designed for businesses and brands. When consumers click on the button, they’ll get a pop-up preview of the most recent pins from a brand, giving them an idea of what it posts. Once they click “follow,” the brand’s posts will automatically show up on their feed. “Helping people find the latest pins from their favorite brands and publishers on Pinterest is an important way for them to discover stuff they like, and we’re hoping [the Follow button] will make that easier,” Jason Costa, project manager at Pinterest, told ClickZ.

The $6 billion social network with no members

It’s a story ripped straight from the script of The Wolf of Wall Street. CYNK, a social network with no members, revenue or assets, surged towards a $6 billion valuation trading as a penny stock. Founded back in 2008 as a “web based social network,” the company has been “in development” for eight years. While plenty of social networks, apps and other startups have dodged questions about sustainable revenue in the past, CYNK makes no qualms about the possibility it will never make any money, stating it can’t guarantee it will “sustain positive cash flow at any time in the future.”

There has to be a Silicon Valley zen koan somewhere in there.

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The Numbers

There has been plenty of debate about the sway of social media over actual purchase decision, and the latest results out of Gallup are grim. The firm found that, in the U.S., consumers reported that social media has very little sway on purchases. Here’s a by-the-numbers look at the study.

63%

Consumers who say social media has “no influence at all” on their purchases

30%

Consumers who say social media has “some influence” on their purchases

5%

Consumers who say social media has “a great deal of influence” on their purchases

43%

Millennials who say social media has “some influence” on their purchases, the largest cohort to list social as a purchase driver

26%

Baby boomers who, in comparison, say social media has “some influence” on their purchases

Media Articles

Toronto Crime Stoppers shed light on contraband tobacco

Public awareness campaign asks citizens to take action

UPDATED: Rogers and Vice Media enter $100-million partnership

Media companies to produce Canadian-focused content for mobile, web and TV

A revisionist’s recent history of TV and internet advertising (Column)

Traditional TV has done a poor job of defending itself against false perceptions that ad spend is shifting dramatically. The danger is these perceptions can lead marketers to invest against that change, making it a reality

Digital magazine readership on the rise: PMB

Digital readership increases by more than 50% in the past year

Nearly half of Canadians read a newspaper each day: NADbank

Digital-only readership is just 11%, but growing among younger demographics

CTV/CMA announce judges for Super Bowl ad challenge

Winning ad will air during CTV’s Feb. 1 telecast of Super Bowl XLIX

TSN unveils online store

New venture isn’t intended to compete with established online merchants, but round out the online experience for TSN.ca users

Shomi announces new content deal with Warner Bros

Includes popular library titles like Veronica Mars, as well as several Kubrick films

Facebook revenue soars thanks to boost in mobile ads

Social media site succeeds in steering advertisers to its mobile platform