On Digital

In an earlier post, I summarized the results of a study suggesting that several characteristics of movie word of mouth or buzz correlated well with expected total revenue over the movie’s release cycle.

There’s been a tremendous amount of word of mouth buzz surrounding this past weekend’s release of The Dark Knight, so I wanted to see what types of opening box office might be associated with pre-release buzz.

As a comparison, I also looked at volume of word of mouth around Hellboy II (the top release last weekend).

The art commissioned by the Spanish Olympics organization (ADO) struck me as an example of a creative and authentic campaign with high passalong potential: the artwork is striking, original and appealingly non-commercial.

The art is by Jaume de Laiguana.  Here are some representative examples portraying Spain’s boxing, gymnastics and synchronized swimming teams; visit ADO’s online brochure to see the full set.

In deciding how effectively a new product (or service) can leverage social media, among other factors, I look for whether the product offers a genuinely different/unique and communicable benefit that’s relevant to a socially addressable demographic, i.e. a market that can be efficiently reached or influenced through social media.

As a pet (dog) owner, I’m interested in solutions that can help clean up after my happily shedding dog.

Let’s take a quick look at Eureka’s recently launched Boss 4D pet-friendly vacuum cleaner.

There are some brilliantly creative uses of social / conversational media – desktop apps, conversation monitoring, customer service programs, word of mouth and buzz creation services, facebook and myspace apps and games (to name a few) – that could potentially be very helpful for a brand seeking to expand its presence online and gain market insights.

From the perspective of a brand manager, marketing manager or agency seeking to maximize the value of their company’s /client’s marketing budget, however, it’s very important to understand how to allocate funds.  What metrics make sense to use for allocation optimization?

Here are some suggestions based on popular social media objectives. A TNS Media Intelligence / Cymfony late 2007 phone survey of 71 marketing professionals in the US, Canada, the UK and France suggests that marketers generally have the following objectives for social media:

I asked the Travel Channel’s Head of Digital Marketing, Pete Dorogoff, some questions about how the Travel Channel is currently approaching digital media, with a specific emphasis on social media.   Here are the questions and Pete’s answers:

What’s your title?

Head of Digital Marketing, Travel Channel