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Leadstory

By Kristen Beattie
                                           The Business
                                           of Social Media
                                                                                                                    Social media is set to
                                           I
                                              t seems technology has crept    time of print, Jay uses social
                                              into every aspect of our        media to enhance his online
                                              lives. It competes daily for    credibility as a tech guru. Twit-     explode in the next 18
Jay Oatway                                 our attention, both simplifying    ter works best for him because
Social Media Consultant / Freelance Tech   and complicating things. It af-    his audience is tech savvy and        months and according
Correspondent
                                           fects our behaviour, our shop-     the action is immediate and
jay@oatway.com
                                           ping habits, how we share in-      live. Jay also pipes tweets into      to Jay, if you aren’t in
                                           formation with others and it is    LinkedIn, which is more busi-
                                           now redefining how we do           ness directory style, and takes
                                                                                                                    social media now – you
                                           business. As social media be-      advantage of the lists function
                                           comes more widespread, busi-       in Facebook to divide and sort
                                                                                                                    are socio and economi-
                                           nesses are increasingly looking    people into different reachable       cally disadvantaged!
                                           into its potential as a tool to    groups.
                                           connect with their customers                                             This is true especially if
                                           and promote their brands.          Scott Frain’s background is in
                                           With this in mind, we met with     technology, namely as a Silicon       you are trying to build
                                           two leading tech-savvy Hong        Valley venture capitalist. Scott
                                           Kong entrepreneurs who were        was around the people who             brands. No matter what
                                           both willing to share their per-   started social media and knew
                                           sonal social media journeys        of its inception on technology        industry you are in, so-
                                           with us.                           forums, so saw its potential
                                                                              early on. In fact, Scott is often     cial media can help you
                                           Embracing opportunities            invited as beta tester for new
Scott Frain                                                                   sites, such as Google Plus,           talk directly to people
Entrepreneur and Angel Investor            Jay Oatway is a social media       LinkedIn, etc. Scott himself
sfrain@enterpriseglobal.com
                                           ‘guru’ and consultant who ad-      was an early adopter of social        and listen to what they
                                           vises people and businesses on     media. His business, CSS
                                           the use of social media. Scott     Mobi, uses the propagation of         want.
                                           Frain is an entrepreneur who       social media to offer his clients
                                           owns several tech businesses,      a unique and very attractive
                                           one of which is CSS Mobi, a        marketing solution, “We create
                                           mobile marketing company           template-based mobile web-
                                           that takes advantage of social     sites for our clients who are
                                           media to share information ef-     mainly in the F&B and re-
                                           ficiently.                         tail industries. We enable
                                                                              our clients to offer promo-
                                           Both Jay and Scott were early      tions through these web-
                                           adopters of social media. Jay,     sites which can then be up-
                                           started off his career as a tech   dated regularly.”
                                           journalist writing about mobile
                                           technology. He started his         So how does CSS Mobi
                                           Twitter account in 2007 at its     work exactly? You simply
                                           inception and out of curiosity.    take a photo with your phone
                                           He then started to pursue so-      of the QR code (QR=Quick
                                           cial media professionally and      Response - a matrix barcode
                                           soon other people then began       easily ‘read’ by most smart
                                           to request that he help them       phones) you see in a newspaper      contains everything you need
                                           generate the same influence. As    or on a billboard, etc. This        to know including location and
                                           the most influential person in     takes you to the CSS Mobile         any current promotions. Social
                                           Hong Kong on Twitter with          website that has been created       media links are embedded into
                                           over 100,000 followers at the      for that particular brand and       the site so you can easily share

14
Leadstory

                                                                            tablish a relationship with
                                                                            your customers.

                                                                          • It is one of the best means of
                                                                            brand exposure due to the
                                                                            sheer numbers of people who
                                                                            are tuned in and volume of
                                                                            information that is shared.

                                                                          • It’s cost effective. Traditional
                                                                            advertising can be very ex-
                                                                            pensive. Social media is free,
                                                                            although it requires a lot of
                                                                            investment in time.

                                                                          • It’s speedy. News in social
                                                                            media travels so fast and
                                                                            spreads so quickly, especially
                                                                            on Twitter. News anchors
                                                                            tweet directly from war
                                                                            zones, people received tweets
                                                                            about the recent earthquake
this information with your               cause of its immediacy,            that hit the US east coast be-
friends. The vendor benefits             Twitter in particular is great     fore the tremors hit them and
from having its promotions               at grabbing people’s atten-        news of, and indeed reac-
spread further by word of                tion.                              tions to Steve Jobs’ resigna-
mouth, all of which is measura-                                             tion from Apple spread
ble. So Scott’s business relies on     • It gives you credibility. Ac-      faster on Twitter than in tra-
the power of the word of mouth           cording to Jay Oatway, an          ditional media.
with social media as the main            online presence is essential
propagator of information.               for today’s professional no      • It’s fun. As Shakespeare
Today people are increasingly            matter your area of expert-        wrote, ‘Brevity is the soul of
using social media on their mo-          ise, “It allows you to share       wit’. The character limita-
bile devices in their thirst for in-     news, stories and opinions of      tions of Twitter require mes-
stant access, e.g. more than             things happening in your           sages to be short, sweet and
40% of Facebook users now log            field. This will leave a trail     preferably witty.
on via their phones.                     on Google and so anyone
                                         searching for you or your        A double edged sword
Why Bother with Social                   company will find it. Like it
Media?                                   or not they will probably        While both Jay and Scott sing
                                         prefer doing business with       social media’s praises, they also
It’s no doubt that technology has        someone or a company who         acknowledge that it is a dou-
improved our lives. These days           appears to be up to date with    ble-edged sword. Jay points
we can find out in an instant            their industry.”                 out that privacy – or perceived
where someone is, rather than          • It allows you to share things    lack thereof is one of the disad-
wasting time tracking them               with like-minded people. As      vantages and what the future
down. We can also find our way           Jay points out, most experi-     holds regarding what is
around in a few clicks, thanks to        ences like reading newspa-       deemed off limits is unknown.
ubiquitous instant mapping               pers, going to the theatre,      What is true, he ascertains, is
technology on our smart                  watching TV shows, etc are       that those who don’t share in
phones. Social media was born            all the more meaningful          the future will be conspicu-
out of this hunger for access to         when we share our opinions       ously absent.
instant information and propa-           and reactions with others.
gated by the natural human                                                As discussed, news in social
need for communication. So             • You can gauge reactions and      media travels fast and negative
why should you get involved?             give instantaneous feedback.     news propagates just as quickly
What are the benefits? Why               Scott Frain says, “You put       as positive news. Scott Frain
bother?                                  up a billboard or poster but     points out, ‘Some tools are
                                         you can’t get feedback on        good at portraying good mes-
• Social media makes the                 that or gauge reaction.” He      sages but bad at portraying bad
  world feel smaller – it allows         adds that, “With social          messages – it is not balanced,
  you to reach out further               media you also have the abil-    especially in un-moderated fo-
  around the globe to people             ity to update quickly and to     rums.’ He explains that while
  with similar interests.                adapt with the changes.”         to a certain extent, a negative
                                                                          comment is transient – it will
• It’s a good way to make              • It is one of the best ways to    disappear off the pages soon
  people stop and listen. Be-            communicate directly and es-     enough, it will also spread and

                                                                                                                      15
Leadstory

            propagate quickly. Jay also            that, then you can do social        pressing their own opinions
            talks about the negative side of       media.                              and are professional.’ His
            social media, especially when it       What the future holds…              message is to start and estab-
            comes to anonymity. He cites                                               lish an online presence now –
            the restaurant industry as one         Social media is set to explode      get onboard and embrace it
            that often suffers when bad re-        in the next 18 months and ac-       before it’s too late. •
            views are posted on anony-             cording to Jay, if you aren’t in
            mous-style review sites. He            social media now – you are
            adds that some companies are           socio and economically disad-         To find great offers and promo-
            worried that if they engage in         vantaged! This is true espe-          tions on your mobile phone, go
            social media that their true cor-      cially if you are trying to build     to m.cssmobi.com. If you are
            porate culture will be revealed        brands. No matter what indus-
            – when in fact it is real life serv-   try you are in, social media can      interested in knowing more
            ice encounters which set opin-         help you talk directly to people      about using this mobile plat-
            ions. If there are problems, the       and listen to what they want -
                                                                                         form to promote your business,
            companies need to address              helping to retain customers as
            those problems by improving            well as acquire new ones, intro-      please contact enquiries@css-
            business, rather than relying on       duce new products, create             mobi.com or call 3583 1835.
            social media to do so.                 brand awareness and introduce
                                                   promotions and new products.
            So is the answer for companies                                               If you are interested in knowing
            to shy away from exposure in           Scott advises not to just jump        more, Jay Oatway will be one
            social media?                          in blindly but to do your re-
            Absolutely not according to            search first to find out what         of the guest speakers at the up-
            Jay Oatway, ‘Rather than               you want to get out of it be-         coming Intercham Social Media
            avoiding social media, compa-          cause each of the social              Event: ‘Small is the New Big’.
            nies need to get involved in so-       media tools is different and
            cial media and move away               has its own features, posi-           He also holds a HK social gath-
            from these anonymous type              tives and negatives. As far as        ering every month. See
            sites and onto ones which are          businesses go, Jay points out
                                                                                         meetup.com/hksocial for details
            more credible.’                        that ‘the best companies are
                                                   authentic ones that are ex-           of the next one.
            Managing the beast

            There are a variety of tools
            such as Tweetdeck and Hoot-
            suite which are aimed at man-
            aging your social media ac-
            counts and your online read-
            ing. They arrange everything
            into columns and lists and cat-
            egories allowing for easy read-
            ing and analysis. You can then
            tweet the content that appeals
            to you. Jay says, ‘It’s a good
            idea to read the news in the
            morning and when you see an
            interesting idea to share it. This
            is critical as it will help you cre-
            ate bonds with people and ex-
            pand your circle and so that
            you will become someone of
            influence and authority.’

            While it can be argued that in
            many ways technology is a
            time-saver, many people new to
            social media are bewildered by
            yet another thing they have to
            do in their already full day.
            However, as Jay points out,
            this is exactly what people
            thought with the advent of
            email – and now people have
            adapted so well that many treat
            email as almost real-time. So
            according to Jay, if you can do

16

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The Business Of Social Media by Kristen Beattie

  • 1. Leadstory By Kristen Beattie The Business of Social Media Social media is set to I t seems technology has crept time of print, Jay uses social into every aspect of our media to enhance his online lives. It competes daily for credibility as a tech guru. Twit- explode in the next 18 Jay Oatway our attention, both simplifying ter works best for him because Social Media Consultant / Freelance Tech and complicating things. It af- his audience is tech savvy and months and according Correspondent fects our behaviour, our shop- the action is immediate and jay@oatway.com ping habits, how we share in- live. Jay also pipes tweets into to Jay, if you aren’t in formation with others and it is LinkedIn, which is more busi- now redefining how we do ness directory style, and takes social media now – you business. As social media be- advantage of the lists function comes more widespread, busi- in Facebook to divide and sort are socio and economi- nesses are increasingly looking people into different reachable cally disadvantaged! into its potential as a tool to groups. connect with their customers This is true especially if and promote their brands. Scott Frain’s background is in With this in mind, we met with technology, namely as a Silicon you are trying to build two leading tech-savvy Hong Valley venture capitalist. Scott Kong entrepreneurs who were was around the people who brands. No matter what both willing to share their per- started social media and knew sonal social media journeys of its inception on technology industry you are in, so- with us. forums, so saw its potential early on. In fact, Scott is often cial media can help you Embracing opportunities invited as beta tester for new Scott Frain sites, such as Google Plus, talk directly to people Entrepreneur and Angel Investor Jay Oatway is a social media LinkedIn, etc. Scott himself sfrain@enterpriseglobal.com ‘guru’ and consultant who ad- was an early adopter of social and listen to what they vises people and businesses on media. His business, CSS the use of social media. Scott Mobi, uses the propagation of want. Frain is an entrepreneur who social media to offer his clients owns several tech businesses, a unique and very attractive one of which is CSS Mobi, a marketing solution, “We create mobile marketing company template-based mobile web- that takes advantage of social sites for our clients who are media to share information ef- mainly in the F&B and re- ficiently. tail industries. We enable our clients to offer promo- Both Jay and Scott were early tions through these web- adopters of social media. Jay, sites which can then be up- started off his career as a tech dated regularly.” journalist writing about mobile technology. He started his So how does CSS Mobi Twitter account in 2007 at its work exactly? You simply inception and out of curiosity. take a photo with your phone He then started to pursue so- of the QR code (QR=Quick cial media professionally and Response - a matrix barcode soon other people then began easily ‘read’ by most smart to request that he help them phones) you see in a newspaper contains everything you need generate the same influence. As or on a billboard, etc. This to know including location and the most influential person in takes you to the CSS Mobile any current promotions. Social Hong Kong on Twitter with website that has been created media links are embedded into over 100,000 followers at the for that particular brand and the site so you can easily share 14
  • 2. Leadstory tablish a relationship with your customers. • It is one of the best means of brand exposure due to the sheer numbers of people who are tuned in and volume of information that is shared. • It’s cost effective. Traditional advertising can be very ex- pensive. Social media is free, although it requires a lot of investment in time. • It’s speedy. News in social media travels so fast and spreads so quickly, especially on Twitter. News anchors tweet directly from war zones, people received tweets about the recent earthquake this information with your cause of its immediacy, that hit the US east coast be- friends. The vendor benefits Twitter in particular is great fore the tremors hit them and from having its promotions at grabbing people’s atten- news of, and indeed reac- spread further by word of tion. tions to Steve Jobs’ resigna- mouth, all of which is measura- tion from Apple spread ble. So Scott’s business relies on • It gives you credibility. Ac- faster on Twitter than in tra- the power of the word of mouth cording to Jay Oatway, an ditional media. with social media as the main online presence is essential propagator of information. for today’s professional no • It’s fun. As Shakespeare Today people are increasingly matter your area of expert- wrote, ‘Brevity is the soul of using social media on their mo- ise, “It allows you to share wit’. The character limita- bile devices in their thirst for in- news, stories and opinions of tions of Twitter require mes- stant access, e.g. more than things happening in your sages to be short, sweet and 40% of Facebook users now log field. This will leave a trail preferably witty. on via their phones. on Google and so anyone searching for you or your A double edged sword Why Bother with Social company will find it. Like it Media? or not they will probably While both Jay and Scott sing prefer doing business with social media’s praises, they also It’s no doubt that technology has someone or a company who acknowledge that it is a dou- improved our lives. These days appears to be up to date with ble-edged sword. Jay points we can find out in an instant their industry.” out that privacy – or perceived where someone is, rather than • It allows you to share things lack thereof is one of the disad- wasting time tracking them with like-minded people. As vantages and what the future down. We can also find our way Jay points out, most experi- holds regarding what is around in a few clicks, thanks to ences like reading newspa- deemed off limits is unknown. ubiquitous instant mapping pers, going to the theatre, What is true, he ascertains, is technology on our smart watching TV shows, etc are that those who don’t share in phones. Social media was born all the more meaningful the future will be conspicu- out of this hunger for access to when we share our opinions ously absent. instant information and propa- and reactions with others. gated by the natural human As discussed, news in social need for communication. So • You can gauge reactions and media travels fast and negative why should you get involved? give instantaneous feedback. news propagates just as quickly What are the benefits? Why Scott Frain says, “You put as positive news. Scott Frain bother? up a billboard or poster but points out, ‘Some tools are you can’t get feedback on good at portraying good mes- • Social media makes the that or gauge reaction.” He sages but bad at portraying bad world feel smaller – it allows adds that, “With social messages – it is not balanced, you to reach out further media you also have the abil- especially in un-moderated fo- around the globe to people ity to update quickly and to rums.’ He explains that while with similar interests. adapt with the changes.” to a certain extent, a negative comment is transient – it will • It’s a good way to make • It is one of the best ways to disappear off the pages soon people stop and listen. Be- communicate directly and es- enough, it will also spread and 15
  • 3. Leadstory propagate quickly. Jay also that, then you can do social pressing their own opinions talks about the negative side of media. and are professional.’ His social media, especially when it What the future holds… message is to start and estab- comes to anonymity. He cites lish an online presence now – the restaurant industry as one Social media is set to explode get onboard and embrace it that often suffers when bad re- in the next 18 months and ac- before it’s too late. • views are posted on anony- cording to Jay, if you aren’t in mous-style review sites. He social media now – you are adds that some companies are socio and economically disad- To find great offers and promo- worried that if they engage in vantaged! This is true espe- tions on your mobile phone, go social media that their true cor- cially if you are trying to build to m.cssmobi.com. If you are porate culture will be revealed brands. No matter what indus- – when in fact it is real life serv- try you are in, social media can interested in knowing more ice encounters which set opin- help you talk directly to people about using this mobile plat- ions. If there are problems, the and listen to what they want - form to promote your business, companies need to address helping to retain customers as those problems by improving well as acquire new ones, intro- please contact enquiries@css- business, rather than relying on duce new products, create mobi.com or call 3583 1835. social media to do so. brand awareness and introduce promotions and new products. So is the answer for companies If you are interested in knowing to shy away from exposure in Scott advises not to just jump more, Jay Oatway will be one social media? in blindly but to do your re- Absolutely not according to search first to find out what of the guest speakers at the up- Jay Oatway, ‘Rather than you want to get out of it be- coming Intercham Social Media avoiding social media, compa- cause each of the social Event: ‘Small is the New Big’. nies need to get involved in so- media tools is different and cial media and move away has its own features, posi- He also holds a HK social gath- from these anonymous type tives and negatives. As far as ering every month. See sites and onto ones which are businesses go, Jay points out meetup.com/hksocial for details more credible.’ that ‘the best companies are authentic ones that are ex- of the next one. Managing the beast There are a variety of tools such as Tweetdeck and Hoot- suite which are aimed at man- aging your social media ac- counts and your online read- ing. They arrange everything into columns and lists and cat- egories allowing for easy read- ing and analysis. You can then tweet the content that appeals to you. Jay says, ‘It’s a good idea to read the news in the morning and when you see an interesting idea to share it. This is critical as it will help you cre- ate bonds with people and ex- pand your circle and so that you will become someone of influence and authority.’ While it can be argued that in many ways technology is a time-saver, many people new to social media are bewildered by yet another thing they have to do in their already full day. However, as Jay points out, this is exactly what people thought with the advent of email – and now people have adapted so well that many treat email as almost real-time. So according to Jay, if you can do 16