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Beyond the Chitchat
Rethinking Social Media for Business

Christopher Tse
Senior Director of Innovation
BusinessWeek Digital

December 10, 2009
MarkLogic Digital Publishing Summit
chit·chat n   1. Forums   2. Comments   3. Instant Messaging 4. Chat Rooms
People as the
ingredient, not just
condiment
Five Questions of Social Media

Who are they?
What drives them?
What do they do individually?
Who do they know and trust?
What can they do in aggregate?
Random People   Result is chitchat
Like-minded People   Result is value exchange
My Rea
My Title
           l Name

My Com
         pany
Good news #1
Publishers have access to like-minded people in
their fields
Browse                            Search                            Stream
1994–                             2000–                             2006–



How people find and consume web content has evolved in the last 15 years
Good news #2
Publishers have access to valuable content
Social Media is the Link   Between People and Content
Case Study



                         is BusinessWeek’s
attempt to create a social media site for business
professionals




http://bx.businessweek.com
Two ways to get to content on BX: 1. Topic (taxonomies) 2. People (relationships)
Browse                            Search                                 Stream
Topics, Articles, People         Topic, People, Articles (in progress)   Articles



BX supports all three consumption models on the Web
Good news #3
About 10% of your users will actively contribute
Turning Users into
Active Contributors
• Add content from web to BX
• Add content into other topics
• Share a reaction about a story
   • To Twitter
   • To LinkedIn
• Suggest a new topic
• Report offensive content
• Save an article
• Follow another user
• Suggest a source for a topic
• Post a job
• Share an article via email
Some Have Lots to Share   But they want an audience
Good news #4
You can attract the top contributors if you can get
them a following
Elevate those that came already with status or have earned it through active contribution
Elevate those that came already with status or have earned it through active contribution
A Few Get the Podium   On the same stage as “us”
Good news #5
The best stuff and the best people will bubble up
to the top.
Challenges of Any Social Media Project

• Balancing self-interest and the common good


• Allowing organic conversation vs encouraging structured contribution


• Embracing openness yet ensuring privacy


• Tapping existing network of users or cultivating an internal one


• Tweaking the ratio of passive consumer to active contributors


• Deciding the nature and degree of editorial control


• Extending an existing brand or inventing a new brand for social media
Thinking Push and Pull   Embracing new “physics”
Revisiting the Five
Social Media Questions

• Who are they?


• What drives them?


• What do they do individually?


• Who do they know and trust?


• What can they do in aggregate?
Questions? Reactions?




Christopher Tse

Twitter: @christse
LinkedIn: www.linkedin.com/in/christophertse
Facebook: www.facebook.com/chris.tse
BX: bx.businessweek.com/profile/christopher-tse/ctse359/

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Beyond the Chitchat: Rethinking Social Media for Business

  • 1. Beyond the Chitchat Rethinking Social Media for Business Christopher Tse Senior Director of Innovation BusinessWeek Digital December 10, 2009 MarkLogic Digital Publishing Summit
  • 2. chit·chat n 1. Forums 2. Comments 3. Instant Messaging 4. Chat Rooms
  • 3. People as the ingredient, not just condiment Five Questions of Social Media Who are they? What drives them? What do they do individually? Who do they know and trust? What can they do in aggregate?
  • 4. Random People Result is chitchat
  • 5. Like-minded People Result is value exchange
  • 6. My Rea My Title l Name My Com pany
  • 7. Good news #1 Publishers have access to like-minded people in their fields
  • 8. Browse Search Stream 1994– 2000– 2006– How people find and consume web content has evolved in the last 15 years
  • 9. Good news #2 Publishers have access to valuable content
  • 10. Social Media is the Link Between People and Content
  • 11. Case Study is BusinessWeek’s attempt to create a social media site for business professionals http://bx.businessweek.com
  • 12. Two ways to get to content on BX: 1. Topic (taxonomies) 2. People (relationships)
  • 13. Browse Search Stream Topics, Articles, People Topic, People, Articles (in progress) Articles BX supports all three consumption models on the Web
  • 14. Good news #3 About 10% of your users will actively contribute
  • 15. Turning Users into Active Contributors • Add content from web to BX • Add content into other topics • Share a reaction about a story • To Twitter • To LinkedIn • Suggest a new topic • Report offensive content • Save an article • Follow another user • Suggest a source for a topic • Post a job • Share an article via email
  • 16. Some Have Lots to Share But they want an audience
  • 17. Good news #4 You can attract the top contributors if you can get them a following
  • 18. Elevate those that came already with status or have earned it through active contribution
  • 19. Elevate those that came already with status or have earned it through active contribution
  • 20. A Few Get the Podium On the same stage as “us”
  • 21. Good news #5 The best stuff and the best people will bubble up to the top.
  • 22. Challenges of Any Social Media Project • Balancing self-interest and the common good • Allowing organic conversation vs encouraging structured contribution • Embracing openness yet ensuring privacy • Tapping existing network of users or cultivating an internal one • Tweaking the ratio of passive consumer to active contributors • Deciding the nature and degree of editorial control • Extending an existing brand or inventing a new brand for social media
  • 23. Thinking Push and Pull Embracing new “physics”
  • 24. Revisiting the Five Social Media Questions • Who are they? • What drives them? • What do they do individually? • Who do they know and trust? • What can they do in aggregate?
  • 25. Questions? Reactions? Christopher Tse Twitter: @christse LinkedIn: www.linkedin.com/in/christophertse Facebook: www.facebook.com/chris.tse BX: bx.businessweek.com/profile/christopher-tse/ctse359/