SMWNYC Recap: Day 2 From Social@Ogilvy

Day Two at Social Media Week started off with a bang – Eli Pariser took to the stage to talk all things Upworthy, for the first time since the site has become viewed by over 60 billion people a month.

Here are the 5 takeaways the Social@Ogilvy team have from day two…what were yours?

  1. What’s trending isn’t always important
    Good news organizations (and brands) bring together aspirational and behavioral signals to balance their content. Both need to be treated equally and both need to be fed. This includes looking at what people do (share, click, create community action) and what they say.

    Is the content both compelling and substantive? The answer should be yes. And importantly, companies like Upworthy are looking at a new engagement metric they’re calling attention minutes and are going to the community to get their feedback on what they want the future of content to be.

    By reading behavior in the context of aspirations, we should now look at content in terms of “Am I doing it right?” and not “Are they interested?”

  2. Data will rule – but we won’t care
    Data is becoming more relevant and accessible and more tailored to our personal interests. By 2020, we might see Google Now-like technology permeate our lives, making data available before we ask for it, and helping us keep track of our habits and routines. Our main function will be to optimize the feed, or adjust it in the moment.

    Any app that’s relevant to you will be able to provide alerts or info, relevant to you, at a key time, possibly before you ask for it. For example: Your fitness-activity monitor, which knows you go running every Tuesday and Thursday, will let you know one of the streets on your route is closed due to construction and will know how to adjust your route, while keeping your distance, elevation, and other metrics generally the same.

  3. Wearable tech continues to innovate
    Wearables help amplify our expression and provide control over the sea of data we generate and have the ability to turn any activity into play. By putting the consumer at the center of action and allowing them to see how their actions impact the data and benefits – create a lasting bind between the person and tech.

    Sports, fitness, wellness, heath are sizzling with opportunity in the wearable tech space. But, in addition to counting our steps and perspiration and pushing email notifications – there is great opportunity to aid integration into life of those who might have a disability or impairment.

    Old school keyboard and mouse cause carpal tunnel for millions and it’s even more challenging for those with a disability. Wearables are here to change that.

  4. The leaders of the next digital revolution will be unexpected
    Steve Case, CEO of Revolution, a Washington, D.C.-based investment firm he co-founded in 2005, is best known as one of the founders of America Online, launched when only when only 3% of personal-computer users were online.  AOL was the first Internet company to go public, in 1992, when it had only 200,000 users. “You just gotta persevere,” he said.

    To find innovation, it pays to look beyond Silicon Valley and New York City. “Good ideas can be anywhere,” Case said, citing hidden gems like Austin and parts of North Carolina. Young entrepreneurs live in a world of greater diversity and opportunity where the people behind the company matter less than the quality of the idea.

    To fully access troves of talent, America needs immigration reform to compete with countries with more lax laws, Case said.

  5. The death of CPM ad units is near
    Storytelling is exactly the same as it was 50 years ago. That’s how we like to consume information. The “way” we tell stories is what has changed. Can’t just put an ad on the internet because it doesn’t make sense.

    Native advertising has a great role to play in the solution, but makes up a very small amount of ads. We have developed banner blindness – so we can develop social sponsored blindness too.

    Advertisers should be scared by the prospect of Pandora One, Netflix – places where consumers pay to not see ads. Just because attention is there, doesn’t automatically mean advertising will follow. But if we do have the attention, the frequency model goes away. Everything changes.

Social Style: Fashion Brands Put Their Best Digital Heel Forward

Luxury fashion brands face the challenge of maintaining a particularly delicate balance in the social space: sustaining an aura of exclusivity while simultaneously enhancing accessibility.

Social media allows brands such as DKNY and Tory Burch to reach a wider audience of not only current consumers but also brand adorers and prospective purchasers — those who might not be able to afford the products now but still deeply admire the brand and aspire to purchase in the future.

Many fashion brands are successfully utilizing social media to provide brand loyalists with rich content that enhances and extends the brand experience for both current and future consumers. Twitter and Facebook allow brands to communicate with devoted followers who can amplify the brand’s message through their own networks. Perhaps a credit to its core nature as a highly adaptive and creative field, fashion is paving the way in experimenting with more robust channels and innovative content.

Luxury brands are now leading the way in many aspects of the social space, and their efforts are not going unrecognized.

As we consider social innovation in 2012, it is worth taking a closer look at what fashion brands are doing in this space. This year’s third annual Style Coalition Fashion 2.0 Awards, which perfectly align with not only Social Media Week but also New York Fashion Week, honors the luxury brands who are getting it right in social media.

Forward-thinking brands such as DKNY and Oscar de la Renta are best-in-class examples of community building and innovation and platforms such as Pinterest and Pose (as well as some up-and-coming platforms such as Stylitics) are becoming valuable tools for engaging with brand advocates in new ways.

Social media will continue to evolve as consumers continue to expect more interaction and engagement with their favorite brands and products. The fashion industry is putting its best foot forward in the digital space. As new platforms and strategies continue to flourish, the brands that will be most successful in 2012 are those that are able to carefully select the methods, tools, and platforms that align with their brand voice, message, and consumer base.

Isabella Josefsberg lives in New York City and works in digital advertising. She also writes on social media, tech, and fashion at www.thesocialstiletto.com. You can follow her on Twitter at @IsabellaRachel.