Social Media Takeaways #3

October 25, 2007
This is a busy week - coming off of the great Boston Web Community dinner, courtesy of EMC, where I got to see some of my favorite new media folks (Jeremiah Owyang, Chris Brogan, Laura Fitton, John Wall, Sarah Wurrey, Steve Garfield, Dan Schawbel, Peter Kim, Yianni Garcia, Julia Roy) and meet new ones (Jeff Glasson, Christine Perkett, Amanda Gravel). In addition, I'm gearing up for PodCamp Boston 2, where I'll be speaking.

But that doesn't mean there wasn't still a bit of time for a few Social Media Takeaways:

My Apple Is a Lemon
No, this isn't David Armano's way of trying to score some free bling for his blog (like some other people we know). It turns out this is David's 2nd Macbook Pro that's given him inexplicable trouble, so he decided to write about it.
  • SMT: Uh-oh. Apple should be concerned. First they fired 800 employees for taking a $100 voucher on their free iPhones, now they've got a prominent blogger who's pissed off. I hope they're listening. But I like what Matt Dickman had to say on twitter: @Armano: I bet Dell responds before Apple does ;-)
Quick, Fire That Customer
It's not a good week to be a customer. Seth Godin and the Ad-Vocate both opine that the customer is not always right and call for certain customers to be fired. I like Seth's rejoinder to the phrase "the customer's always right": when they're wrong, they're not your customer any more.
  • SMT: Listen up. Get to know your customers well, through whatever space they inhabit. Find out what they're saying about you and join the conversation if you can. But realize when you'll never convert them and know when to let go.

Fa¢ebook

At this point, Facebook is steering clear of Google and instead opting for the cold hard cash from our friends at Micro$oft - a cool $278 million, to be exact. This amount, a 1.6% stake in Facebook, entitles the software behemoth to be the exclusive U.S. and international advertiser with the social network through 2011.
  • SMT: A $15 billion valuation for Facebook? What-ever. If the ad revenue can continue to stream in - and with Facebook's ability to target different demographics, it's an attractive site for advertisers - then perhaps it's not totaly off-base. But with today's fickle youth, I wonder if Facebook isn't going to be old school before 2008 is out. The only hope is continuing to get the more mature generations involved. And I wouldn't rule out additional funding for Facebook from other sources...

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Posted by Scott Monty at 5:13 AM
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 Comments:

At 10/25/2007 7:33 AM, Blogger Chris Brogan said...

I like your feedback on the stories. That's a nice touch. See? YOU do the link thing really well. You write it up, add some commentary, and move on. I like that a lot.

 
At 10/25/2007 11:04 AM, Anonymous Sarah Wurrey said...

I'm glad I'm not the only one who found the $15billion figure rather dubious...

 
At 10/26/2007 5:40 PM, Blogger RichardatDELL said...

heard armano and tweeted him to offer any assistance we could from Dell, of course! could not leave david high and dry

 
At 10/26/2007 11:27 PM, Blogger Scott said...

If anyone would be on the case, Richard@Dell would be the one. Way to go! This is how listening to your community is supposed to work.

 
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He has been called "an unstoppable force of nature," "the best corporate social media lead on the planet," and Alan Mulally, the CEO of Ford Motor Company, called him "a visionary."

Currently on the staff of corporate communications in Ford Motor Company, Scott heads up the social media function and holds the title Global Digital & Multimedia Communications Manager. He is a strategic advisor on all social media activities across the company, from blogger relations to marketing support, customer service to internal communications and more, as social media is being integrated into many facets of Ford business.


Prior to joining Ford, Scott served as Consigliere for crayon and spent a number of years with PJA Advertising + Marketing, a boutique BtoB agency specializing in health sciences & high tech.

In addition to his consulting and agency background, Scott is an active blogger and podcaster. He writes about the intersection of advertising, marketing and PR at The Social Media Marketing Blog and also writes The Baker Street Blog, a literary undertaking. Scott has been featured in hundreds of news and business publications in print and on the web, in nearly twenty books, and on a variety of broadcast media, including NPR, CNN and Fox Business News. Scott is a recognized thought leader in the social media industry and frequently speaks at industry events.

Scott received his Master's in Medical Science from Boston University's School of Medicine concurrently with his MBA from BU's Graduate School of Management. He lives in the greater Detroit area with his wife and two young sons, golfs all too infrequently, and has a hidden talent for voice over work.

Oh, and one last little-known fact: Scott coined the Oxford Dictionary of English-accepted term "tweetup."

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