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ForumCon SF 2011 Forums: Where Purchasing Happens in Social Media
Online Community Monetization Too many options for 25 minutes… ,[object Object]
Ad Networks/Remnant: Adsense Ad Networks
Affiliate links: Viglinks/Driving Revenue, Ebay, etc.
Direct Sold/Premium: Building relationships with brands and agencies to advertise on your site,[object Object]
Unprecedented Adoption Recent Survey by Alterian of 1,068 Global Marketers: “66% of marketers will be investing in engaging consumers via social media channels in the coming 12 months”
Are Forums Social Media? “Social Media is the democratization of information, transforming people from content readers into publishers. It is the shift from a broadcast mechanism, one-to-many, to a many-to-many model rooted in conversations between authors, people, and peers.” –Brian Solis, Social Media Manifesto ,[object Object]
Conversational
“Real-time” – nothing more real-time about Twitter than forums…still asynchronous communicationABSOLUTELY FORUMS ARE SOCIAL MEDIA – so why don’t we get as much love? That’s why we’re here…
Marketer’s Ideal: Engagement AND Intent Intent Ideal Blend: Forums? Engagement
Forums are Social, but based on Shared Passion “I love J Brand’s new Agnes black denim, any other ideas for a classy black skinny jean?” “Seeking recommendations for the very best audiophile over-ear headphones on the market today?” Where Purchasing Happens in Social Media “What is the best high quality whole wheat flour for daily baking needs…?” “We’re planning our big day, thinking Cabo…we need a great resort and amazing local photographer!?”
So What?!
Savvy Marketers are hip to the new reality Past Present “Many marketers focus on media spend (principally advertising) rather than on driving advocacy. The coolest banner ads, best search buys, and hottest viral videos may win consideration for a brand, but if the product gets weak reviews – or worse, isn’t even discussed online – it’s unlikely to survive the winnowing process.” –Harvard Business Review, 12/2010
Your Two Most Valuable Assets 1) Your Influencers ,[object Object]
Not just post count, but most threads started, largest number of replies – “Connectors” 2) Intent Traffic ,[object Object]
How many natural search visitors came to your site using queries containing your target advertisers’ brand? Their product category?
Accentuate the positive – high time on site? Huge re-visit frequency? Huge audience? Lots of activity? Help advertisers work with you and your influencers to influence your intent users
Symbiotic Marketing ,[object Object]

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Forum Con - Dan Gill - Forums: Where Social Media Purchasing Happens