Social Networking

This year’s Digital Hollywood conference in Los Angeles has been shedding light on the significant challenges marketers face as they try to lasso prospects online. By and large, the panelists have been candid about the immaturity of this medium, but have been unified in their belief that traditional advertising is waning, and providing prospects with meaningful online experiences is the cost of entry.

The panelists, most of which carried senior executive titles, provided sound bites that had me in complete agreement. Here is a sample.

During a session entitled: The Web, Social Media and Advertising: Transforming and Disassembling the World of Traditional Media and Communications, Matt Rosenberg, Group Director, Organic said that to be successful, “Brands are immersing themselves in the content experience…you need to let your brand take a backseat.” I absolutely agree, and that is a core strategy at King Fish Media, where our job is to help clients engage with prospects and clients on a far more meaningful level than brand advertising offers.

Recommended contacts who spoke at this panel:

Raquel Krouse, VP Social Media, Interpublic Emerging Media Lab
Matt Rosenberg, Group Director, Organic
Mark Lewis, Strategic Planning Director, DDB San Francisco

The next session, Bridging TV and Broadband: Strategic Relationships – Advertising, Technology and Content, took the full customer immersion concept to a different level. A senior executive from the Home Shopping Network candidly evaluated her brand, and said that the universal knowledge of her brand allowed for movement into new media platforms (Interactive TV and .TV), saying, “People at the company worried about these platforms, but with the huge brand loyalty, they go wherever the brand goes and build communities there.” We, at King Fish, describe this phenomenon as owning, not renting your own media channel – Private Media.

Recommended contacts from this panel:

Jeff Miller, President and CEO, ICTV
Fred McIntyre, SVP, AOL Video

On a separate note, I hope to never again hear these words as much as I have during the last three days: “paradigm” (thought we were done with that), “frictionless”, “zero sum game”, “net loser” and “value proposition”.

During each of these sessions, I heard frequent confirmation that intent-based vs. interruption-based communications is the most effective means for clients to communicate with their prospects and customers; custom media provides the single strongest venue to effectively achieve success with this effort.

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While watching the Today Show this week it was announced that Mothers Day is officially 100 years young. In honor of this blessed event, Matt Lauer along with Donny and Marie Osmond shared that the newest reality search involved the hunt for “Americas Favorite Mother”. They explained that there were many categories to be won including: Single Mom, Military Mom, Working Mom, etc.—you get the drift. They were narrowing it down by communities and common characteristics. I was impressed at the categories they came up with. I started thinking just how many types of moms there are out there. While the whole effort was a little saccharin sweet for me initially, I warmed up when I realized that NBC was recognizing different communities of Moms and praising their unique qualities.

My essential disappointment with most communications aimed at Mothers is that we are lumped together in spite of our cultural, personal, educational and financial differences. “Mother” just casts too broad of a net. The act of giving birth defines us all, but once the pod has separated from the Mother-ship our differences begin. We have various and sometimes opposing opinions on feeding, care and nurturing of our offspring; we have diverse interests in hobbies, books, sports and life in general. And like other communities we tend to flock together by our common interests, characteristics and beliefs.

Check out CafeMom if you really want to see the blended complexion of our community. In the 33 pages of sub communities on CaféMom, there was something for everyone! There are groups based on demographics, psychographics, social activism, body type, job-related concerns, media preferences and of course, sexual interests.

Some of my personal creative and slightly strange favorites are: Anarchy Moms, Mothers Against Pedophiles (is there a group that was defined as Mothers FOR Pedophiles?), Nestlé Free Zone Moms (they don’t like Quik?), Poetic activist Moms, and my personal favorite, Pistol Packin’ Mommas. And these moms are ready and able to share tips, insights, secrets, fears and accomplishments as they related to their own sorority. Whether it was pro-breast feeding, tackling teenage depression or fitness fiends over fifty, these women communicated with each other eagerly and often. There is camaraderie among the women whose husbands don’t pay their child support. There is empathy for parents with autistic children. The social networking is fun but also therapeutic and often liberating.

Of course CaféMom is only one of thousands of sites designed for moms to meet and mingle; and it just happens to be one of my favorites. It’s the micro-networks and communities within the bigger picture that makes it rich. It’s not just a place for Moms, which it is. It’s that there is a home for all types of Moms. It’s about the specific content delivered to the participant who is passionate about a topic. The compelling mix of targeted community and content is the reason that CaféMom has experienced 507% growth from January to June of 2007. The customized experience builds affinity with the site so the average session time is almost 22 minutes. The net result is an ideal environment for targeted marketing messages.

So Pistol Packin’ Mommas rejoice! It’s Mothers Day and there is something out there for all of you! I hope that all your Hallmark wishes are NRA compliant and that you get the ammo of your dreams. For me, I am going back to the “Steals and Deals” - for Mommas who love to shop. I may not be America’s Most Favorite Mom, but I am a retailer’s perfect dream!

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Starbucks has been getting beaten up this year and faces tough competition from Dunkin Donuts. Even McDonalds is taking a run at them.  One of the ways they chose to respond is a great lesson in listening to your customer and embracing a private custom media channel.  For many companies the knee jerk, old school reaction would have been to launch a “branding” campaign or hire a celebrity pitch person.  Instead Starbucks did something very cool – they launched My Starbucks Idea web site.  The purpose of the site is to ask their loyal customers what they could do to improve the product and service.  I would encourage you to go to the site and read the both the volume and passion of the responses.  The site is powered by salesforce.com and they did a similar site for Dell.  Interesting, Dell and Starbucks have a lot in common – both were innovative companies who used to be the fresh up-and-comers, and once they got too big; they lost touch with what made them great.

I commend both companies for creating a private media channel to have a two way dialog with their customers.  This kind of forum gives customers a place to vent, and make suggestion.  Read through some of them – they are not only thoughtful, but smart.  A lot of companies give lip service to listening to their customer, but how many actually do and act on it?  More than ever, people in the executive suite are isolated from their customers, where they are a long way from their middle class American customers and prospects.  Also, since they only talk to other execs, they get caught in an infinite loop of their own B.S.  How many meetings have you been in where sales and marketing people sit around pitching each other and not taking in outside information?  Happens all the time and the result: the ads we see on TV and in magazines are completely off target.

What I really like about the site is the “Ideas in Action” section where Starbuck employees respond in their own words and tell customers what action they will take based on customer suggestions.  This is powerful because many times when you write to a web site, you get an automated response which is sometimes worse than getting none at all.  I have to admit I have never been a big Starbucks fan – the coffee is too harsh and I can’t stand the ordering process.  It was fun to see that many others feel the way I do.  As a result, they are introducing a “smoother” coffee and talking about an express line for impatient people like me who just want a regular coffee; and don’t want to stand behind a line of people ordering complicated permutations of coffee beans, milk (cow or soy) and odd flavors.

Now, let’s see if they take this process one step further.  They have collected scores of contact names and been given the “permission” to talk to them about Starbucks.  I would suggest starting a real Starbucks private custom media channel to their customers using content marketing to further strengthen the bond between them and their customers.  This approach could get Starbucks back on track and make the brand fresh again.  Meanwhile, I can’t wait for the first express line open. 

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Read the January 11th WSJ article entitled “The Car That Got Away” and you’ll get a sense of what my wife puts up with fairly regularly. The timing of this article was perfect: after 60 days of online hunting on enthusiast Web sites and associations for one of my favorite cars from my youth (a 1979 Toyota Land Cruiser), I found it, about 2,600 miles away from my garage in Boston. But I found it, and it’s on a truck heading east as we speak.

What was truly interesting about this process were the people I spoke with along the way. No fewer than 45, either on the phone or through email. And every one of them was as excited as I was to talk about their cars. One of them sent a pound of gourmet coffee from Seattle as a thank you for considering his ride. Many poured over our company’s Web site, and asked me very insightful questions about our business. My favorite was a couple who sent voice-over samples of some of their client work, inviting me to learn more about their studio business – and I did. That was completely cool. Others sent videos of their cars in action off road, and made sure to customize them with brief cameos, saying, “Hey Cam, hope you liked the tape – we had fun making it for you.”

Our community was quickly built, private in scope and incorporated the following media channels:
Web sites – enthusiast sites with classified advertising that sold hard

Web-based Original Video – the product in action

Email to send photos and mechanical reviews

Telephone for one-to-one Q&A

Magazines and Newsletters which invigorated the category, and brought all of us together

A customized communication approach to a unique community – at King Fish, we call that creating a Private Media channel – where buyers and sellers create dialogue with one another in trusted environments. It is efficient, it is highly measurable, and it helped me bring home an old family friend.

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We often talk about Private Media in terms of for-profit corporations directly talking to customers and prospects by owning their media channel rather than renting time and space from large media companies. One of the many benefits of the private media approach is that the owner of the media channel gets to control the message – both the content and distribution.

We now see a rapidly growing movement where individuals are also creating private media channels – pretty easy with today’s Web 2.0 technologies. Between social networking sites and video sharing, anyone can create a private media channel with minimal effort.  All of the Presidential candidates are well down this road, and almost every rock star, actor and athlete worth their salt has their own Web site, myspace page, and has posted videos on YouTube for an interactive dialog with fans. While the primary motivation is promotion, it can also be used to communicate directly with fans, enabling the personality to control the message and environment while getting their message out there as fast as possible. One of the key rules of crisis management is getting the word out quickly and framing the conversation.

How many times on TV have we seen someone yell at their lackeys in anger, saying: “the press will have a field day”. (By the way, a field day is an opportunity for unrestrained activity, not a day of sports competition at school – thanks Encarta.) In the past, celebrities and companies were dependent on their PR machines pitching and spinning stories to the press and having no input as the press edits and positions the story. Once a negative story gets into the 24/7 news cycle it is well out of your hands, and indeed a field day ensues.

We are now seeing famous people taking their message directly to the people. When Rosie O’Donnell was battling ABC and Barbra Walters over her job on the View, she posted video blogs on her site for her fans and the media to pick up and replay. Rosie’s private media channel told her side of the story quicker than the Disney/ABC PR team could tell theirs. Baseball’s Roger Clemens did the same thing when responding to reports he used steroids. After a few days of silence he posted a video on his site and on YouTube to deny the allegations. He will appear on 60 Minutes this weekend, but he has already gotten his message directly to the public bypassing the 60 Minutes film editing room.

The newest private media channel took me by surprise – The British Royal Family has premiered their own royal channel on YouTube. This is where they posted the Queen’s annual Christmas message and other clips and archive footage. When one of the oldest and most traditional intuitions in the world embraces private media, it is clearly an idea whose time has come.

Consumers of media and information need to watch these videos with an attitude of buyer beware. This is an unfiltered message, which does not have the benefit of a journalistic screen – no fact checking or follow up questions.  On the other hand, there also no agenda or bias from the journalist or media company. This is especially attractive to polarizing and controversial figures such as Queen Elizabeth II and Roger Clemens. It bears watching how this trend will develop – as we can assume that more and more notable people and companies create their own private media channels.

How will the traditional media companies adapt? Will consumers put as much faith in messages directly from the sources, rather than through journalists? My guess is that we will come to expect the direct message from our actors, singers, athletes, politicians and corporations. It will be incumbent on corporations and others using private media to keep the content benefit-oriented and information rich when speaking to their customers and prospects rather than a sales pitch. With the right content, a private media channel can be more powerful than any ad or PR effort will ever be.
 

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There was a report out of Gartner late last month that estimated between 46 percent and 83 percent of Internet browsers/visitors/whatever-you-want-to-call them now engage with “consumer-generated content” at least once per month.

Gartner’s definition of this content includes blogs, podcasts and wikis as well as all manner of rating systems, recommendations and user reviews.

Not surprisingly, teenagers were more likely to engage with these sorts of media. Moreover, the percentage of U.S. adults who engage in this type of content at least once a week was lower than their counterparts in either France or the United Kingdom. Gartner suggests that this may be due to the novelty factor abroad.

Separate, but similar, research from In-Stat earlier this year likewise points to an impending explosion of worldwide revenue from what it calls “user-generated content,” most notably videos you’d find on YouTube. Last year, it figures $80 million in revenue was attributable to this stuff. By 2011, however, it predicts sales of around $1.6 billion.

For creative types like myself, the sorts of people that the business side increasingly consider as just so much overhead, these numbers are both scary and scintillating.

I don’t know of any journalist, no matter whether their work takes the form of a lengthy feature article, a video dispatch, an opinion column or a review, who doesn’t love hearing from someone who is reading or watching what they have to say.

I’ve had people walk up to me in airports to take issue with something I wrote, which is a little scary from a privacy standpoint. But from a professional level, it’s a thrill. “Hey,” I think, “THEY READ ME. They care.” Because, after all, most journalists get into the profession in order to touch people, in order to share information. In the world of print, our words mostly went into this void. Lots of guesswork went on. Focus groups were conducted.

Online, of course, everything has changed. I receive daily statistics for the green technology blog (“GreenTech Pastures”) I write on ZDNet. In an instant, I can see how many people are reading about certain topics; which strike a chord and which fall flat. The rating and comment system, meanwhile, tells me if I’m doing my job thoroughly enough. Often, I will think of an entirely new subject to write about as a result of a post. Or, I’ll kick myself to do a little more research if I’m missed an angle.

In my past life as the editor of channel news publication CRN, I made more contacts as a result of my editorial columns and video Webcasts than any other activity during my close to 18 years of covering the high-tech distribution channel. Because I had opened myself up in some way, readers felt like they could approach me.

Which brings me back to the real point of this column and the question that publishers love to ask themselves when staring at spreadsheets that detail declining print advertising sales: Is this shift toward user-generated content a long-term phenomenon? Can the voice of our users/readers/visitors replace editorial resources? Can this movement be “monetized” in some way?

The answer to all of these questions, in my opinion, is a qualified “Yes.” But before you go firing all your writers and content creation folks, here are some simple realities.

As Gartner notes, many folks (especially adults) participating in the user-generated media movement aren’t actually creating what we’ve come to accept as “content.” That is, a story, or a video dispatch or a photographic montage. It’s important to remember that “content” in the user-generated media movement can be many things. It can be ratings on stories, feedback dialogues about a product or services, or about the most popular searches on a Web site. The fact is, though, people come to sites for a reason. And SOMEONE needs to be giving them that reason. We currently call those someones “editors” but they’re increasingly taking on the role of community “moderators”—monitoring feedback, analyzing trends and creating more reasons for the dialogue to continue.

Then there’s the whole matter of time. I don’t know about you, but keeping up with my Facebook profile and my LinkedIn Network contacts is very time-consuming. I visit both horribly infrequently, mainly because I have a real-life husband and a real-life hobby (a cappella singing) that takes up plenty of my non-work time. I haven’t even dreamed of setting up a MySpace page yet and my blogs (yes, plural) are challenging to update on a regular basis. Personally, I believe there is bound to be an adjustment.

Full disclosure. I LOVE magazines. I love touching them, looking through them, curling up with them on the couch. That will never change. But I also find the ongoing transition exhilarating. I feel like what I write is a better reflection of the community I’m interacting with; that, in turn, generates more feedback.

I believe that what most people look for in their media experience—an honest voice. And honesty, I believe, is what user-generated content is all about.

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I confess that for me, presidential political races are right up there with American League pennant races. After 175 games or so this season with the Sox ultimately victorious over the Rockies, I can switch gears to the race for out next President.

In 1999, I worked on the John McCain campaign for the Republican nomination in Massachusetts. It was wildly interesting to be a small part of the election process, and one of my top experiences was meeting and speaking with the Senator for several minutes as he prepared to give a speech in rural New Hampshire to about 100 local citizens.

Fast forward to 2007 and an election where campaigns are increasingly fought through video and other electronic means. Some videos are professionally produced by the campaign staff and worthy of Cannes consideration and others are clips from cable TV that rely on humor to help us remember what ought to matter in a candidate - service to our country and strength of character.

 The great thing about video is that there is always another side to the candidate they hope you don’t see, but the video camera is always on and can capture awkward moments. In this example, while I like to think he was in fact reading notes, however, that may be a tough sell.

Or you could see his humor being lost on an audience of students asking about age.  On the other hand, voters are getting a raw glimpse of John McCain that they would not see on the Sunday talk shows. .

The Senator likes to talk straight, “warts and all.” And our media’s there to capture every word, every slip, every sound bite. The new web video culture gives candidates the opportunity you speak directly to the people without the filter of traditional media. It also gives campaigns the ability to post positive clips of their guy, and negative clips of their opposition. But while watching the quick-hits and sound bites, don’t forget to peel back the onion a bit, and look at the qualities of character, integrity and service in all of the candidates.

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Missing old friends? Want invites to parties? How about offers to join dozens of new online social networks (all of which are stories in themselves)? Start blogging. Can’t say that we’ve been offered a custom media gig for The Who yet, but given the volume of contacts surfacing in the last 45 days, I’m holding-out hope.

At Think Tank, our staff and some interesting opinioned-types have been offering their thoughts on media and its many current offerings and applications. We’re in the business, and we live to challenge the status quo of media you can rent versus owning your own media channel. We call that Private Media, but what’s in a name? What Private Media does for marketers says it all, and the next 125 words is for those people who’ve checked in and want to hear about what’s new at the shop in Salem.

• Our events group just wrapped the Appreciative Inquiry conference where 500 attendees spent 3 ½ days in keynotes and workshops designed to spur positive change in the workplace. Fascinating subject, and powerful speakers. Click here to read what my fellow blogger Gordon Plutsky has to say about the event.

• Webcasts have evolved beyond straight-forward audio and video platforms; the duration is shortening, content is punchier, and other platforms are deployed that include interactive PDFs, virtual tradeshows and even more engaging uses of video. Cool and smart stuff.

• We’re currently conducting a phone and interactive survey for 100 customers of a King Fish client for a comprehensive market research project. This formidable media company has outsourced this significant custom media program to us to determine who makes the cut for an important performance-based award ceremony next quarter. Brilliant use of Private Media to maximize employee retention.

Recent King Fish acknowledgements by Entrepreneur and Inc. magazines confirm that our approach is working, and that our clients are benefiting from this fresh method of assessing business challenges. There’s the update – and onto a request: for any old contacts stopping by Think Tank, please feel free to invite me to any of the following social networks from my past:

• The guys who get 69 GTO convertibles
• Small bars/clubs where the best music still lives
• My sailing friends from PLP (1976-1979)
• A place I can lose myself laughing again with Gardner, Rich, Jamie, Jon, Woozie,  Spike and JB
• An online community for all of us tortured by my 1st grade swimming teacher.
 

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There I was, in my local toy store, with my son who was in the process of potty training. Can I tell you how much I have spent in that toy store? I have shopped in this store over and over again, not only for my three children, but for the countless number of friends who have invited us to equally numerous birthday parties. If shoppers were frequent flyers, I was a platinum purchaser.

After walking around for the obligatory pace lap, my son announced to the entire store that he had to “go potty”. Of course I said to the woman behind the counter, with my hands full of Polly Pockets, baby dolls, a t-ball set and a model sailboat, “Can my son please use your bathroom?”

“No, I am sorry, we don’t have one” she replied.

“You don’t have a bathroom?” I said just loud enough for all the other mothers to hear, slightly sarcastically?

“Well… um. Er. Actually we only have a bathroom for employees, not customers.” 

My son was by now whining, creating quite a scene, and with the same frustration that I have experienced with slow or unresponsive online stores, I abandoned my shopping cart. I left it full and unpurchased. I left it and never went back. I called every mom I knew and told them about the injustice and in solidarity we all agreed to not shop there again. I ran into a mom at the playground later that week, who unbeknownst to me, had also been in the store at the time of the scene. She too abandoned her arm-cart in sympathy, but not without giving the woman a piece of her mind.

Moral to the story for smart marketers: Don’t make us mad. Maybe it’s not your bathroom, maybe it is your return policy. Maybe it is your message. Maybe it is the challenge of finding what we want with facility. Maybe it is just your customer service or your tone of voice. But don’t make us mad. Our sisterhood is extensive and we know how to use it to help us and to punish you for your bad behavior.

By the way, it works both ways: we are quick to embrace and reward the vendors and service providers who speak to us with respect; help us save time and money; make it easy to do business with; and of course, let our little guys use their potties.

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Last March, my family was skiing with a large group in Vermont. My thirteen year old son (who spends his time pursuing either speed or jumps of some nature) broke his wrist on our last afternoon. We made it to the local hospital about 7:00pm, and he was in a cast and home by 9:00. I had noticed he was unusually anxious about the time, and about getting out of the hospital, so naturally I presumed he was in pain, and that he needed to get back to the security of his home and family. Wrong.

Walking in the door, he went straight to YouTube, where he searched for and quickly found video taken that afternoon of him and his friends on Sugarbush. It had been about five hours since the accident, and there it was: 5:45 minutes, edited with audio by the Red Hot Chili Peppers, and complete with opening and closing graphics. And the director/editor (also 13) had to drive three hours to get home. The most amazing part of this—there were already 350 views of the video.

User-generated content is a reality of all age groups. Kids rely on it for entertainment value, adults rely on peer groups for advice, and businesses rely on their own customers for testimonials to prospective new customers. Virtually no other form of content has been so universally adopted in such a short timeframe.

Of course, there are risks when you let content be posted with minimal screening, and you know what they are. But does it also enhance a brand’s perceived confidence by not over-editing or censoring content generated on their site? Are prospective customers more likely to purchase a particular item of clothing or energy drink because it was featured on a free video spoof and was viewed 3mm times? Looks like the shift is on and yes, that is exactly what’s happening.

Take YouTube phenomenon Tay Zonday, whose song “Chocolate Rain” has generated 7,600,000+ views in four months and is available for download?. Then, look at how many others are already parodying this song (although the beat is excruciating, watch “Vanilla Snow” right after “Chocolate Rain” for an excellent laugh; currently, Vanilla Snow has received about 1mm views), and you get a feel for the power of user generated content. It’s a quirky approach to custom media, but with significant views daily, you can be confident it’s rattling the sensibilities of traditional media companies too stubborn to feel the new wind blowing.

When 13 year-olds are living for free, user-generated content, it’s time to pay attention to the new face of media that has arrived. And marketers in the world of custom media have got to harness the platform and drive their clients to make smart deployment of the medium to remain relevant.

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The 2008 race to replace President Bush is well underway, and it bears watching how the candidates will be using media to get their message to voters.  I think we will start to see them move further away from the traditional ads of the past and start to embrace Private Media—taking directly to the voters using their own media channel. Traditional political advertising on TV and radio is dreadful. There are basically two types of ads—the “pro” ad where the candidate stands in front of a flag on a factory floor or farm and proclaims he is for all that is good and holy, especially lower taxes. The ad usually ends with a posed shot with his Stepford wife and 2.5 perfect kids. Then we have the “negative” ad, where a candidate is beaten up for some past vote or comment (usually twisted from the real facts) and is shown is the most unflattering picture they can find—usually in a grimace. They are all the same no matter which side runs them, and I would guess people tune them out and don’t pay attention anymore.

I think we will see the major candidates bypassing traditional media and speaking directly to potential voters. The Sopranos parody Hillary Clinton put on her site is just one of many ways the candidates are using blogs, social networking sites, You Tube, email and meetups to talk directly to the people and not going through the filter of traditional media. I am sure they will still spend obscene amounts of money on the public airways, but the tide may be changing.

It will be interesting to watch who will use Private Media more effectively. For the past 20+ years, the Republicans have been much better marketers than the Democrats.  Modern campaigning is no different than the latest marketing campaign to sell a car, new movie or fashion. The GOP has been just flat out better at TV ads, direct mail, database mining, and they own talk radio, which is just another form of ad driven entertainment.  Laura Ingraham and Bill O’Reilly may want Hollywood to shut up and sing, but they are in the same business as Susan Sarandon and Alec Baldwin—show business. (more about that in a future posting)

Just a hunch here, the Democrats will do a better job of exploiting private media and web 2.0 technologies. Those talents and technologies skew younger and to a more diverse generation. Will Private Media propel the Democrats to the White House; or will they find a way to blow an election that is their’s to win? We will be keeping our eye on this over the next 18 months- right now it is anyone’s to win.

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Social Networking may be one of the hottest Web business models today. MySpace and Facebook have attracted tens of millions of young people, and increasingly, professionals. Many media companies are now making plans to enter the market for social networking for professionals or professional networking as I would call it.  

Recently I began using the LinkedIn site. My first connection was sent to me by a colleague who is working for a struggling company that is laying off people by the truckload. I signed up and soon received many more LinkedIn requests from colleagues who were recently cut loose from that company; and are looking for jobs or going the freelance/consultant route. In today’s world of rapid change and “no loyalty” everyone needs to keep an ear out for new opportunities. You never know when the bell tolls for you. The base need of money, career growth and survival drives LinkedIn the way hormones drives the social networking sites of the young.  

A more proactive aspect of LinkedIn is to seek out sales prospects and partners who can help drive your business, which is how I am using it. Within the space of a few weeks I have collected roughly 155 contacts in my network. (That makes me small time compared to the people Portfolio found in this recent article – one guy has 50,000+ contacts)  

A third of my list is current co-workers; partners and clients whom I talk to on a daily basis, but nearly two-thirds are past colleagues. While it is fun to re-connect with old friends, I do believe business will come from these renewed connections. I have a current colleague who was skeptical that online social networking would catch on among us “serious” professionals.  Once he saw my growing list he jumped in and is hooked. After getting in touch with some high powered business contacts, his skepticism is fading away.  

I think online professional networking is about to take off in a big way. This movement represents a new opportunity for media and advertising. These sites are sticky, and have great upscale demographics. Currently on LinkedIn, I see ads from Microsoft, BlackBerry, Equifax and Google Ad Words being served. Are social networking sites on your media buy?  Let me know what you think.

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