So social commerce startup Lyst, aggregator and curator of blog and deal content from the fashion world has just received a $5 million funding (DFJ Esprit, Venrex, Accel Partners, Alex Zubillaga). Money smartly invested we think in a world where aggregation and curation are delivering in the social commerce world.
Social media has been around long enough for most businesses to ‘get’ what social media (online media that supports social interaction and user contributions) is and why it matters (it amplifies the word-of-mouth effect).
At the Aspen Ideas Festival yesterday on a panel with fellow Festival Underwriter U.S. Trust, I had the opportunity to talk about social media and its transformative influence on business, media, culture and society.
The elephant in the social media room at the moment is that most corporate social media initiatives to date have been tactical experiments. Of those, few have generated meaningful business results. Sure, people have built up Facebook Fans and Twitter followers or they have launched the odd viral video on YouTube. They have claimed these as a success, but in reality these metrics should never be the end goal.
According to the IBM’s CEO study, conducted amongst more than 1,700 CEOs from 64 countries and 18 sectors, “Open CEOs” identify openness enabled by social media as a major influence on their organization. These organizations perform better because they are using existing collective intelligence, are more agile and are able to act quickly for higher profitability and growth.
This is key when thinking of Havard Business School professor Morten Hansen and colleague Bolko Von Oetinger who said that in spite of organisations’ best efforts, most continue to squander their greatest assets – knowledge scattered and embedded within and outside organizations.
More and more Multinational Companies (MNCs) are turning to China for open innovation for several important reasons. Find out what those reasons are and learn more about best practices to succeed at open innovation in the unique Chinese market.
The Wellcome Trust plans to withhold a portion of grant money from scientists who do not make the results of their work freely available to the public, in a move that will embolden supporters of the growing open access movement in science. In addition, any research papers that are not freely available will not be counted as part of a scientist's track record when Wellcome assesses any future applications for research funding.
No one could have ever guessed that Jeff Livingston, M.D., a partner at the Irving, Texas-based MacArthur OB/GYN, an obstetrics and gynecology practice with seven doctors and two mid-level providers, would be one of the leading advocates of provider-based social media interaction in the industry – not even Livingston himself. Yet today, he is a shining example of how doctors, other providers, and anyone else in healthcare shouldn’t dismiss Facebook, Twitter, or any other social media platform as simply just a marketing tool.
Great customer experiences are the result of countless deliberate decisions made by every single person in your organization on a daily basis. To align those decisions, employees and partners need a shared vision: a customer experience strategy.
Frost & Sullivan's new research demonstrates how to move beyond incremental innovation and capture game-changing ideas and technologies through open innovation. Frost & Sullivan's Growth Team Membership's (GTM's) new best practice guidebook entitled: Open Innovation: Gateway to Breakthrough Ideasfeatures Amway, a global consumer goods company, and their use of open innovation to draw on ideas and technologies outside of the company and increase its capacity for systematically identifying and developing breakthrough innovations.
Social commerce platform 8thBridge has been successfully serving retailers with its custom Facebook button service Graphite for some time now – “want” buttons, “love” buttons, “have” button etc – and it seems that Facebook thinks this is such a smart idea, that the social networking giant is developing its own home-grown version.
Not a day goes by without some article or blog post referencing the return on investment (ROI) of social media, how to calculate it and how one can go about justifying efforts in this sphere in order to get additional resources.
During the recent Social Media Success Summit, organized by the folks at Social Media Examiner, there was an awesome presentation made by Jason Falls on how to build an effective social media strategy based on seven key business drivers. Jason is the founder of Social Media Explorer and co-author of the book No Bullshit Social Media. This post is my summary and interpretation of his presentation.
There are fairly common situations blocking business innovations across companies, irrespective of corporate culture. Not all ten of these challenges to business innovation in organizations exist everywhere, but the presence of just a couple of innovation barriers within a corporate culture will scuttle even modest dreams of implementing business innovations expected to create value for customers.
So, it’s official – Microsoft is going to acquire Yammer for $1.2bn.
This is a good result for David Sacks but I am a little disappointed. Here’s why.
I am a believer in the freemium pricing model – I think it makes sense to enable people to try-before-they-buy to see if they really will get the value promised by a website. However, if you want to “go-large” and really build an on-line business of scale with freemium, you need deep pockets and a cash-burn runway measured in years
App developer specialising in social media and entertainment, Milyoni has just released a new infographic summarising the results of a live concert event on Facebook featuring GRAMMY-nominated Christian singer Jeremy Camp.
Sharing your scoops to your social media accounts is a must to distribute your curated content. Not only will it drive traffic and leads through your content, but it will help show your expertise with your followers.
How to integrate my topics' content to my website?
Integrating your curated content to your website or blog will allow you to increase your website visitors’ engagement, boost SEO and acquire new visitors. By redirecting your social media traffic to your website, Scoop.it will also help you generate more qualified traffic and leads from your curation work.
Distributing your curated content through a newsletter is a great way to nurture and engage your email subscribers will developing your traffic and visibility.
Creating engaging newsletters with your curated content is really easy.