In recent weeks, we looked at reputation, brand and brand value as variables that impact a company’s worth in the global marketplace. We reviewed the various brand ranking reports that determine and monetize the value of the biggest brands in the world annually, including Interbrand’s 100 Best, Brandz’s Top 100 and Credit Suisse’s Great Brands. Those annual lists use a myriad of criteria to assess each brand’s value.

However, there is now a new report that examines ‘Brand Social Currency’, rather than brand value. Is there a difference between brand value and brand social currency? Apparently so. Brand value is about determining the worth of a brand based on internal factors such as clarity, commitment, protection and responsiveness, and external factors such as authenticity, relevance, differentiation, consistency, presence, and understanding. It looks at a company’s financials, sales, marketing, operations and reputation to monetize a brand’s worth.

Brand social currency, on the other hand, focuses on the point at which a brand intersects with, speaks to and integrates with customers within their daily life. Due to the increasing social nature of the Internet and mobile technologies, consumers and customers adopt these technologies and platforms and integrate them into daily life routines and contexts, such as using a phone to identify the closest store that carries a desired product at the best possible price. In order to survive and thrive, companies are finding new ways to allow their brands to interact with customers. Those efforts, in short, are what build brand social currency. Continue reading →

What do search engines value in websites or web pages in order to rank them higher? This is the million-dollar question. No doubt that anyone who could definitively and conclusively give a complete and correct answer to this question could become an instant millionaire. But it basically is a trick question because anyone who can answer it, would only be able to answer with regard to how one particular search engine’s algorithms work, not all, and even that is an ever-moving target. The answer valid today would be obsolete tomorrow… or soon thereafter. It is a question over which SEO professionals obsess and marketers distress. And the question to which few will confess that what is believed is as much supposition and speculation as insight and intelligence.

The truth is that except for the computer engineers who work at the major search engines such as Google, Yahoo, Bing, etc., most people don’t entirely know all the variables or and weighting given to the myriad of signals used to determine a website’s rank by any search engine. It’s like the secret recipe for a great stew. There is a clear sense of what the main ingredients are, but not necessarily all of minor ingredients or the exact measurements for each or how they come together. So what are the most important ingredients and why keep them such a secret?

Anyone who is not deeply entrenched in the world of search may wonder why search engines are so secretive about how they do what they do. Why not just tell everyone how pages are ranked? The reason is simple. Search Engines keep their ‘algorythyms’ under wraps to prevent (or at least limit) people cheating, manipulating or skewing search results for their own benefit. Nevertheless, most SEO gurus agree that there are certain basics every website should have in order to rank well. Does your company’s website have them all? Continue reading →

Last week, we looked at the psychological drivers and emotional triggers that can cause a video to ‘go viral.’ Specifically, we looked at Kony 2012, a video that had been viewed nearly 80 million times, shared 8+ million times and generated 650,000+ comments (at the time of the writing of the article nearly 10 days ago). In addition to being #1 on the video viral chart for the last two weeks, the same video with Spanish subtitles is also ranked #11 on the Video Viral Chart.

What was interesting about the Kony 2012 video was that it wasn’t selling a product or service. The video’s goal was to raise global awareness about Joseph Kony (who has been indicted by the International Court of Justice for crimes against humanity… particularly against children) and lead to his capture. In that regard, the Kony video was a call to action. From a purely marketing perspective, the video’s message was successful in generating strong emotional responses from viewers, educating viewers on a little-known topic, and aligning itself with a cause to which most people could easily identify and support. These are considered some of the key psychological drivers that cause a video to be widely shared.

One may wonder, though, if brand-generated videos (such as a webisode or a commercial) could possibly generate such strong emotional responses as the Kony 2012 video did. The simple answer is yes. Even brand-generated videos can and do ‘go viral.’ But it doesn’t happen automatically. There are factors that spur the viral effect. Read more to understand why some videos go viral. Continue reading →