Turning Five On March 21, Twitter Has Room to Grow

Image representing Twitter as depicted in Crun...

Image via CrunchBase

A sneak peek at the results of a new study on social media usage behaviors and trends by Edison Research to be released in the coming weeks titled The Social Habit (see 2009 results), reveals just how ubiquitous the Twitter brand has become.

In a short time, Twitter (turning five years old March 21) has insinuated itself into the American psyche with a whopping 92% domestic awareness. Usage, however, tells another story, with just 8% of Americans Twitter users.

92% awareness; 8% usage. Let’s call this a corollary to the 90:10 rule reflecting passive to active social network users.

The 1stTweet

The 1st Tweet March 21, 2006

Contrary to concluding that Twitter has been dismissed by the public as being inconsequential or fleeting in nature, it possesses tremendous growth potential over the next several years as awareness leads to acceptance which, for many, will lead to usage as the evolution from Early Adopters to Lead Users to Mainstream Acceptors and Laggards plays its course. You only need to look to the advertising history:

The social network links becoming more and more common in the ads of today, mirror how web site URLs became prevalent just 5 years ago.

Don’t Blame Twitter — Case Study: STRABAG SE

Austrian based STRABAG SE, one of the largest construction companies in Europe with 73,600 employees and annual revenue of € 12.B (both as of fiscal 2010), posted this update on Twitter after 18 months of use —>

In an email to IR Web Report (whose article inspired this blog entry), spokesperson Paula Rhys of STRABAG’s investor relations team said: “We do not see any benefit in using this social media tool for the time being. Stakeholders did not discuss actively with us on Twitter despite our efforts to ask questions.

Now, regular readers of this blog or my Twitter stream know that a recurring theme of mine is that companies need to place the responsibility for its social media initiative in the hands of a social media professional. A quick review of this move by STRABAG underscores this requirement.

The Facts
STRABAG created their Twitter account on August 5, 2009 and issued its first tweet two days later (“Largest construction company in CEE

  • It has issued 146 tweets over the 575 days from inception to the date of this entry (~4/week)
  • It follows 524 people, is followed by 527 and appears on 32 Twitter lists
  • Its bio info is exactly the same as its first tweet (see above)
  • Its profile provides a link to its home page: http://www.strabag.com

The Analysis (aka Why They Were Doomed to Twitter #Fail)
First, let me say that the mistakes STRABAG made are not uncommon when companies apply traditional marketing and communications strategies towards leveraging social media. I do not mean to assign blame to its communications and marketing teams — it’s not their fault — they were simply operating the way they were trained. But, Twitter, and indeed all social media, is a different animal. Here’s what they did wrong: Read more of this post

Of Kenneth Cole; Twitter; and Crossing the Line

“The evil that men do lives after them, The good is oft interred with their bones.”
– from ‘Julius Caesar’ by William Shakespeare

By now you’ve heard about this tweet issued by fashion designer Kenneth Cole where, in an obvious case of insensitivity, he tried to connect the world-changing events in Egypt to his spring line:

Ouch! And for this he has rightfully drawn the scorn of the Web. That’s what he did wrong.  You know it, I know it and he  knows it.

What he did right next was to remove the offending tweet,  but not try to cover it up; instead he acknowledged the mistake and apologized publicly within a few hours:  

When negative reaction persisted, he did so again, more extensively. Still, “the evil lives on”, these days in the form of first page Google search results.

But, as inevitable as that sounds,  mistakes will be made – so create an action plan now for handling the blowback.

Cover-ups Never Work

People always ask me how to remove negative social mentions online. The truth is they can’t be summarily deleted. Manipulating social media to obfuscate the truth never works. I can cite examples. The social space is in many ways self-correcting, and the truth will out. Always. The best tactic: do good things. And get those good things (thought leadership examples; blog entries; positive reviews of personal appearances) published online. Get them in front of key influencers and, this is vital, do everything while maintaining three core principles:

Accuracy; Integrity; Transparency

Social media reputation management does not work any other way. Don’t let the good be interred with the bones of the brand’s or individual’s reputation when crises hit. Be both reactive and proactive.

Of course, the best way to handle a PR crisis is to avoid them in the first place. As a brand, Kevin Cole is known for being socially relevant and supportive of social causes — often in a controversial way. As such, his brand supporters and loyalists will not likely be affected by this social media faux pas compared to those for whom he was an unknown.

In a sense, he’s lucky that it was he who made the intended-to-be-pithy-but-ultimately-offensive remark. Had a social media manager in his company done this he/she’d likely be looking for a new job.

But then again, in the hands of a professional, maybe the mistake would have been avoided.

Full disclosure: In a past life I worked for El Greco Leather, a company owned by Kenneth Cole’s father and run with his two brothers. I never had any direct contact or dealings with Kenneth (though I do wear his shoes)

Live Tweeting: Social Media Week IABC

Last night (Feb. 8 ), as part of New York Social Media Week* I attended a panel discussion sponsored by the New York chapter of the International Association of Business Communicators at my old stomping grounds, the McGraw-Hill building, titled:

When Publicly-Held Companies’ Free-Wheeling Social Media
Collides with Disclosure Policies

When employees in a publicly-held company disclose “material information” via Social Media, the risks and ramifications are enormous.  It could even result in the Securities and Exchange Commission investigating your firm or imposing a fine – all because they found out through the wrong channel.

The panelists were:

  • Standard & Poor’s, Alice Cherry, Senior Director of Social Media
  • Pfizer, Kate Bird, Director, Corporate Internet Communications
  • AT&T, Paul Dalessio, Vice President at Fleishman Hillard (agency)
  • Definition 6, Gil Wolchock, Group Account Director [Moderator]

The spin on this discussion was it involved companies that operate under strict regulatory guidelines in addition to normal corporate concerns over social media use. Here are my tweets broadcast from the event (in chronological order): Read more of this post

Twitter’s Mission Statement (Finally!)

The mission statement is an important part of any business. It signals to those outside the company, and just as importantly to internal stakeholders as well, what you’re all about and where you’re headed.

Four years and nine months after its debut, and a new business-oriented CEO (Dick Costolo) in place, Twitter has decided on its own:

“We want to instantly connect people everywhere to what’s most important to them.”

Simple, direct and most importantly public.

Source: Mashable (of course) http://ow.ly/3BVDu