Tuesday, October 27th, 2009...11:03 am

Social Studies: Staying Ahead of the Curve

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by Yvonne Gando, Social Commerce Analyst

Boy reading social studies.
If you lean in a bit further and look a little more closely, you’ve known this thing called social media for years.  It’s ripped right out of those social studies textbooks that weighted many a sixth-graders’ backpacks, in their curricular insistence on opening young minds to the strands that define culture.  It’s really not any different from moms sharing recipes and dropping off pies at the neighbor’s house to welcome a newborn.  Sharing “space” and exchanging ideas, knowledge and information. This natural human behavior to reach out is the fabric that binds neighborhoods and communities, cities and countries.

What is different about social media, however, is that the “media” part of it has made all of these social activities scalable. Social media can happen at home and within your community, but you can engage in it whenever and among whomever you want, across continents and time zones.

And when you bring business into the equation, the dynamic shifts.  Personal versus business goals shape the way each of us approaches this behemoth that binds.  Social media has opened up creative possibilities for social commerce: customers are active participants of the marketing and development of products, and businesses are actively cultivating relationships with their customers.

Businesses have come to find that peer-to-peer trust is the engine that drives social commerce—and this “engine” is fueled by community.  But how do businesses and consumers sift through the vastness of the information out there to get to what they really want? With the possibility of scalability comes a more critical question:  how can customer communities form around seemingly endless spaces?

Invoking Seth Godin’s mention of Dunbar’s Number might help here. Dunbar’s number references the number of 150 as the maximum capacity of one’s ability to sustain engaged relationships (people can’t have more than 150 friends and still maintain meaningful connections).  Where the idea of separating noise from truth in online conversations persists, social commerce solutions address the challenges that have surfaced as a result of the infinite ways to connect and the insistence of online participants on the web to gain true value from this vastness.  Social commerce solutions hone in on and make sense of what businesses should focus on based on the needs of their customer communities.

The scalability that social media affords is a phenomenal opportunity for businesses – but we have now entered the phase of social commerce in which we are learning that maximum growth potential can only be tapped into if businesses sharpen their focus on how to effectively harness scalability and find ways to create those meaningful connections, and, ultimately, build robust customer communities. That’s where our solutions come in. You could say we’re majoring in Social Studies. We’ll be the first to tell you that it’s not easy, but with each client success story we help build, we’re learning more to provide you with better solutions that help you stay ahead of the curve.

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