Ever wish you had ESP ? Facebook has invented something just as good. First there was Gowalla and Foursquare and now Facebook has joined the geolocation trend. Recently Facebook launched Facebook Places, an entity that is simultaneously an example of word-of-mouth and consumer psychology at work. I wrote a post several weeks back about the tie-in between Amazon and Facebook utilizing word of mouth to make shopping more social. Facebook Places takes that to another level by existing as a social networking tool that utilizes the power of word-of-mouth and the influence and weight of a friends’ opinion (which carries tremendous weight as I can tell you from my experience in retail) to drive business.
1) Facebook Places Connects the Virtual and Physical World: There are always those who say that social networking and technology are erasing face-to-face communication. Facebook Places encourages social networkers to get out and explore and bring their friends along. A log is kept in the virtual world of events taking place in the physical world. In fact, it could restore the value of face-to-face communication.
2) Facebook Places Gives Businesses More Visibility: By allowing businesses to connect with current and potential customers, distribute special offers and reward customer loyalty, business increases.
3) Facebook Places Drives Business: Friends see that friends of theirs are nearby at a business, chances are they will be enticed to join in and spend money at the same place their friends are at. At the very least they will see that a lot of their friends like particular places. Everyone wants to belong and the easiest way to belong is to conform to a set of beliefs and ideals that the group you want to be a part of has in common. Friends persuade friends, introduce friends, or recommend that friends try different products or services that they use everyday. Facebook Places makes this more public by displaying and distributing that information on a grand scale through announcing their location. Not so grand that users do not have control over privacy though.
With so many technological and social networking conveniences, the power and influence of word-of-mouth and face-to-face communication gets taken for granted. Facebook Places poses an interesting opportunity for a ’back-to-basics’ approach. It brings people together in the virtual and physical worlds simultaneously, offers businesses more visibility and because of that it drives business. In short, Facebook Places is a social networking tool with tremendous potential and benefits.
Print: Here Today, Here to Stay
Tags: benefits and drawbacks of e-readers, direct mail, e-reader owners read more, future of journalism, Geoffrey E. Fowler, Jakob Nielsen, Joe Pulizzi, magazines, Marie C. Baca, marketing, newsletters, newspapers, newspapers gone by 2022, print, reading, seven reasons print will make a comeback in 2011, the ABC's of e-reading
A few articles that I have read lately have prompted a follow-up to my post “Print: Here today, gone tomorrow?” This is that follow-up (cue the Law & Order sound effect). Seriously though, the first was my opinion on its own and the articles I have read lately support that view and are incorporated into this post. Washington Post authors Geoffrey E. Fowler and Marie C. Baca examine the e-reader trend in their article “The ABC’s of E-Reading” http://bit.ly/bpJkcp. Their article positions e-readers as an extension of a reader’s habits and not a replacement for the printed word. Although it shows that more people are reading because of e-readers, it takes great care to point out why the printed word (books, etc.) will always exist alongside any new trends. You can read a book during a plane’s take-off and landing, researcher Jakob Nielsen shows that it takes e-reader users longer to read a book because of the screen technology, there are no page numbers (not as accessible to book clubs and students because of this) and digital locks on e-books prohibit sharing. Overall the authors present a nice unbiased view, supporting both its benefits and its drawbacks. I have to disagree on their argument in support of its portability though. It is an electronic device, and if you drop it in water or get something in it you will lose your data. Books are much more durable.
Another article, “Newspapers gone by 2022, says futurist” by Lara Sinclair http://bit.ly/dCWtPO discusses how news is becoming more and more portable and news via mobile and other technological devices is the news-on-the-go of the future. She has a very one-sided article solely because of the strong viewpoint that traditional newspapers will disappear. This is countered in the next article I read “Seven Reasons Print Will Make a Comeback in 2011″ by Joe Pulizzi http://bit.ly/dnfkD6. He cites a journalist who states that it is harder and harder to get people to commit to interviews for online articles and easier to get them to commit to something that will be printed. Also, the author states that people still find print more credible than anything on the web. The main point of his article is that direct mail, custom print magazines and newsletters will become popular marketing tools again, simply because there are so few of them now that they will stick out and draw attention. His seven reasons for the comeback of print are: less print mail = more attention paid and fewer print mail leaves room for content marketing, focus on customer retention, no audience development costs, what’s old is new again, print is more challenging to readers, it still excites people and more and more people unplug from time to time. All of these are good arguments in support of my view that print is here to stay.