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blogabout|sign-up|forward|advertise November 17, 2009
 
  Today's Buzz 
 
  • Many Fortune 100 Twitter accounts sit idle
    A growing number of Fortune 100 companies are on Twitter -- 73 of them, up from 54 in August -- but most aren't using the social network to share information, engage others or add personality to their brand image, according to a study by Weber Shandwick. Half the Twitter accounts owned by these firms have fewer than 500 followers and 15% are lying unused, the report finds. "A dramatic shift needs to happen for most of these companies to effectively make use of the platform," writes Vadim Lavrusik. Mashable (11/17) LinkedInFacebookTwitterEmail this Story
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  Ideas in Action 
  • Coca-Cola's tips for drawing fans
    Coca-Cola has succeeded in generating word of mouth on social sites by being where its customers are, making marketing and communications collaborate on projects and testing the newest tools to generate ideas, the company's digital communications group director tells Andy Sernovitz. SmartBrief/SmartBlog on Social Media (11/17) LinkedInFacebookTwitterEmail this Story
  • Concert tickets get social spin
    Ticketfly is a vendor of concert tickets that helps smaller venues market their events on Twitter, Facebook and MySpace. "Events are social by nature," says the founder of Iggli, a tool that allows concert-goers to coordinate their plans. The New York Times (11/13) LinkedInFacebookTwitterEmail this Story
  • Nonprofit group uses social media to fight Chevron
    Richard Goldman, co-founder of Men's Wearhouse, is harnessing the power of social media to raise awareness about a $27 billion pollution case against Chevron in Ecuador. The nonprofit group Ethos Alliance seeks to provide aid to those living around Ecuador's oil fields and encourage Chevron to settle the lawsuit. San Francisco Chronicle (11/16) LinkedInFacebookTwitterEmail this Story
  The Takeaway 
  • 7 social-marketing reality checks
    Social-media participants must face some harsh realities, including the fact that many blog posts go unread, writes Sonia Simone. You have to give away good content before you can make money at it, she adds, and you can't emphasize selling. "This audience hates salespeople," she writes. Copyblogger (11/16) LinkedInFacebookTwitterEmail this Story
  • Open corporate culture must accompany blogs
    A company blog isn't for every firm, especially not those that discourage employees from divulging information, John Cass writes. You "could harm your company if you participate, because once you set up a blog you are saying to the world that you are willing to conduct a dialogue," he writes. Before getting started, he suggests, evaluate whether your corporate culture encourages criticism and openness about the daily business. Social Media Today (11/16) LinkedInFacebookTwitterEmail this Story
  • Ripple effects of individual-referral marketing
    Affiliate-marketing programs have grown beyond Web sites, as individuals are becoming a growing force in referral sales, entrepreneur Steve Poland writes. Expect more spam on social sites as more people realize they can make money in the referral business, he predicts. TechCrunch (11/15) LinkedInFacebookTwitterEmail this Story
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  Trackback 
  • The big re-tweet

    Like sharing great articles, ideas and resources on Twitter? Share them with us, and we'll publish the most useful submissions for the world to see. Simply add the #sbosm hashtag to the end of your tweet and we'll consider your finds for this newsletter.

    jeremyvictor How Are B2B Marketers Measuring Social Media? http://ow.ly/CQPO

    LinkedInFacebookTwitterEmail this Story

  SmartQuote 
If your reputation sucks, none of it matters. People with lousy products, crummy business practices, and shady backgrounds get found out. And word spreads with frightening speed."
--Sonia Simone, writing on Copyblogger


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Andy Sernovitz, Editor at Large
Andy is author of "Word of Mouth Marketing" and the word of mouth marketing blog/newsletter "Damn, I Wish I'd Thought of That." He teaches Word of Mouth Marketing at Northwestern and the Word of Mouth Marketing Crash Course.
 
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