A Brief Overview of Internet Memes & How You Can Quickly Create Your Own

If you have to read an article today, it should be this one …

Introducing one of the most outlandish, childish and plain silly aspects of online culture – the internet meme. For those of you not familiar with the term, a “meme” is much like an in-joke that gains popularity and establishes itself with a constant stream of derivatives.

via A Brief Overview of Internet Memes & How You Can Quickly Create Your Own.

[reading] What the Past Can Tell Us About the Future of Social Networking

I recently spoke at Caltech at the Caltech / MIT Enterprise Forum on “the future of social networking,” the 30-minute video is here and the PowerPoint presentation is here on DocStoc).

What I want to answer with this post (long though it may be) is:

  • Why did Web 2.0 emerge and are there any lessons to be gained about the future? [cheap accessible digital hardware]
  • Why did Twitter emerge despite Facebook’s dominance? [asymmetry, real-time, curated RSS / link-sharing]
  • Why did MySpace lose to Facebook & what can Twitter learn from this? [encouraging an open platform where 3rd parties can make lots of money]
  • Does Facebook have a permanent dominance of the future given their 500m users? [chuckle. ask microsoft, aol/time warner & google]
  • What are the big trends that will drive the next phase of social networks? [mobile, locations, layering of services, data management, portability & more]

via What the Past Can Tell Us About the Future of Social Networking | Both Sides of the Table.

[reading] Use Twitter to Promote Your Business at a Trade Show

Twitter, with more than 100 million users worldwide, may be a fun, quick way to communicate thoughts and whereabouts to your friends, but its most amazing value for businesses is as a public relations communication tool, one that is especially effective when used at trade shows.

With 140-character announcements, sometimes with attachments included, Twitter is most effective when it is communicating current news. If your business has a booth or a table at a conference, using Twitter in an organized manner can provide your customer base with news about your firm’s participation. This creates an opportunity to engage your customers and ultimately increase leads. Moreover, it can also enhance goodwill with expo organizers, promoting their event alongside yours. Here’s how you can incorporate Twitter as part of an expo presence.

via Use Twitter to Promote Your Business at a Trade Show | Travel, Hospitality & Tourism > Meetings & Incentives Travel from AllBusiness.com.

Consumers Believe in Positive Word-of-Mouth – eMarketer

http://www.emarketer.com/Article.aspx?R=1008078

Many marketers still struggle with the loss of control over their brand that comes with the ability of consumers to discuss them—and have those messages widely disseminated—across social media. But most brand-related chatter, both online and offline, is positive. And positive buzz carries more weight with consumers, according to research from Keller Fay Group.

In a study of hundreds of thousands of conversations, the firm found about two-thirds of word-of-mouth brand references were “mostly positive.” Those can be powerful.

Two-thirds of study respondents thought positive word-of-mouth was credible, compared with fewer than half who believed negative buzz. Positive information was also more likely to be passed on to others, more than twice as likely to get people to look for more information, and had nearly four times the chance of pushing consumers to make a purchase.

Effect of Positive vs. Negative Word-of-Mouth According to US Internet Users, Aug 2010 (% of respondents)

Overall, word-of-mouth is generally positive, but some industries do get better buzz than others. Children’s products and food brands tended to get the most positive mentions, while net advocacy on behalf of companies in the telecommunications, financial services and healthcare industries was lowest. But even for those brands, the majority of word-of-mouth was still upbeat.

Tone of Word-of-Mouth Conversations Among US Internet Users, by Product Category, Aug 2010 (% of total conversations)

The Keller Fay research supports findings by women-focused marketing and communications firm Harbinger, which reported a greater motivation to share good brand experiences than bad ones among female internet users in North America. Consumers trying to give others advice seem to be more interested in directing friends and family toward brands they like than away from brands they have had a problem with.