Greg Cangialosi - The Trend Junkie » Media http://www.thetrendjunkie.com Marketing, Technology, New Media, Entrepreneurship Mon, 05 Dec 2011 00:00:04 +0000 en hourly 1 http://wordpress.org/?v=3.3 The Personalization of Everything http://www.thetrendjunkie.com/2011/06/04/personalization-of-everything/ http://www.thetrendjunkie.com/2011/06/04/personalization-of-everything/#comments Sat, 04 Jun 2011 15:33:04 +0000 Greg Cangialosi http://www.thetrendjunkie.com/?p=1430

I recently had the opportunity to speak at the first Personalization Summit in Mountain View, CA. I was on a panel called “Personalization: Why its Happening Now.” Since I “Evernoted” some of my thoughts in preparation for our panel, I figured I would post an excerpt here in the hopes of getting others perspectives and opinions on the personalized world that is emerging very quickly. Below are some of my notes on the first, high level question we discussed:

How will the world be more personalized in five years?

From a marketing perspective, we have been in the evolution of personalization for years, and even so we are still at the beginning of what I think will be a HIGHLY personalized world in the very near future. Like anything else, it just takes time to get there, because in my mind all parties involved in the personalization revolution must be aligned, and clearly there are still many moving parts around this.

The obvious advancements in personalization in online marketing will continue in the areas of personalizing website experiences, email marketing, social media properties and of course one of the biggest, mobile. I think those three channels – email, social and mobile will be the most active in accelerating the personalization revolution. We are in a world now, where data is BIG. Think about the amount of data that is being generated every single day. Every web visit, every “like”, every “tweet”, every “check in”, etc they all say something about us.

The obvious advantages for personalizing marketing are clear – these channels are delivering incredible ROI, and the data backs up the fact that the more relevant i.e. personalized the message, the better the overall conversion rate. Its simple, think about the conversion rate on a highly segmented daily deal email (Which really hasn’t started yet, outside of location segmentation), or taking the amazon shopping experience to the next level. Now, and in the future, a lot of this will be driven by purchasing intent / peers / influence from a consumers social graph.

Even some of these channels are beginning to go through a personalization revolution – think about the mobile social network Path with its 50 person friend limit – its personalizing the social network. Where facebook is really a list of friends, Path is a network of people you really care about.

We are also going to see a lot of personalization in the offline world as well. There will be a level of personalization on so many things that are just starting – think about travel, auto, clothing, banking, etc.. you are starting to see all of these industries and markets are beginning to personalize products and services in the general sense. One example I discussed was the loyalty program for Kimpton Hotels, as a member when I go to any of their properties, I know when I check in they know I want a high floor, away from the elevator, a certain type of pillow, and the NY Times & Wall St Journal at the door in the morning. Everytime I visit a Kimpton, they simply say “We have your InTouch number here on file” and I know the experience will be the same – that is personalized travel.

Personalization clearly has its advantages. Today, think about how we are constantly being bombarded by media waste that is irrelevant to us. Imagine a world where there is very little to no media waste? It wont be in 5 years but in 5 years there will be a lot less of it.

I also think that more and more brands will continue to shift to implementing personalized communication preferences for consumers. I am talking about the uber preference center / ultimate in personalization across all channels. Let the consumer be in control over what messages they get, on what channel (email, mobile, social, etc), and on what frequency.

Challenges:

The challenges for a streamlined personalized world are vast, and we are seeing lots of moving parts as I mentioned earlier. One of the main issues is that there is data all over the place on consumers, and they are not in control of it. Consumers should be able to own and potentially even monetize their own data, almost the same way they should be able to ultimately control how they are communicated to as I mentioned above.

We are seeing a lot of new innovation and even industries trying to tackle the issue – check out Personal.com for example. This new startup offers consumers “data vaults” that you can share with whoever you want – friends, family, or companies. Once you link up things like this to data exchanges, where the consumer is in control of what they want or are looking for, it becomes a very personalized world. Probably not 5 years out, but I think that this may be where it is going. The question is can there be one place where the consumer controls all of their data?

Privacy & Compliance:

As mentioned, a big issue is that there is so much data about consumers in SO many places. There is no true over site, so that’s one of the nuts that has to be cracked. If industries don’t self regulate on issues like this, then the government steps in and regulates the industry. The bottom line is that the federal government is getting involved and proposing various regulation around this space.

There are obviously large threats that need to be considered, outside of general security, there is also a high risk of identify theft and being able to reconstruct an identity from a variety of data sources, among many others.

In my opinion, we are going to need to go through a real consumer education process on personal data online and make it simple for people to understand. To date, consumers don’t know whats going on out there, and are continuously not included in the conversation. The consumer issues don’t only lie with facebook privacy concerns with 3rd parties. There is a much bigger picture out there. I am not sure how it will all play out but one thing is for sure, personalization is inevitable, and we are only at the beginning stages of its evolution, and its creating a whole new horizons of companies in the space.

Those are some of my thoughts on the future of personalization. I would love to hear what you think and expand on this. Thoughts, opinions, rants in the comments below please. Thanks for reading.

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I Have Disparate Community Syndrome, Do You? http://www.thetrendjunkie.com/2010/08/29/i-have-disparate-community-syndrome-do-you/ http://www.thetrendjunkie.com/2010/08/29/i-have-disparate-community-syndrome-do-you/#comments Sun, 29 Aug 2010 23:45:45 +0000 Greg Cangialosi http://www.thetrendjunkie.com/?p=1343

This came to me the other night as I was thinking about the ways I’ve been interacting with social tools lately and confirming with other’s that they operate in much of the same way. The idea is that there is a “disparate community syndrome” taking place with the behaviors of people who use social web platforms.

I’ll characterize my use of the word “syndrome” from the following definition:

“the pattern of symptoms that characterize or indicate a particular social condition.”

The general idea here is that people are fractured or splintered in their social networking. Each tool or channel has a unique set of friends / followers / connections and each network means something different, and brings different comfort zones and specific behaviors for each individual when it comes to their participation.

Think about it, many of these platforms, and I will just focus on the big ones, can be baselined by the following assumptions (at least based on my real world / practical research):

Linked In ( It’s all business / professional life – trying to be more social)
Facebook (The “happy place” social utility, loaded with people from the past & the present)
Twitter (A wide and vast universe of the followed & followers -many shapes and sizes)
Foursquare (Lots of crossover connections with a wide degree of NEW/ unknown contacts)

You get the point. Though there are many similarities, they are all completely different. And yes, this is nothing new, but the launch of Facebook Places has me thinking more about it. After Places launched, I suddenly realized that as cool as I thought it was, I didn’t necessarily want my Facebook community to know where I was at any given moment. It reminded me of when I first started using foursquare and originally had it linked to my twitter profile. That didn’t last long. Why? because the relevance wasn’t there, not only for me, but my Twitter network. Hence the disparate community syndrome. Each tool / channel / network has its own place for many of us.

So, here is how my DCS (disparate community syndrome) works on me. Keeping in mind of course that I totally get the need to participate in order to truly understand a medium.

Foursquare:
I’m actually using foursquare to evaluate the location based marketing opportunities of the future, not to find out what bars my “friends” are drinking in (though I do get a little protective of my Mayorships, so I guess the gaming aspect of it has me reeled in :-) ). The medium is so new to truly understand the major implications of it, but you can guarantee it will be integrated with mobile carriers, retailers, and businesses of all shapes and sizes if they so chose. This is a watcher for me.

Twitter:
I use Twitter as an open forum to share ideas, learn about new ideas, find new content, and most importantly to engage with others. I do daily searches in twitter on different terms that are relevant to me, I connect with new people on an almost daily basis, I engage with customers, prospects, brand ambassadors, etc. There is lots of personality with Twitter. Twitter is awesome. Period.

LinkedIn:
LinkedIn is a work in progress.Like many, I set up a profile many years ago, accepted lots of connections and vice versa but never really used it. As of late, I am co-managing the Social Email Marketers group that I founded along with DJ Waldow, using the network to spread news about the company, and also as a recruitment vehicle. And of course, I am linking up with people from everywhere. Again, all 100% professional. I think their MAJOR UI enhancements and feature updates are positioning them for more social activity thereby making the connections within LinkedIn more meaningful to its users.

Facebook:
Facebook is by far the most – to my knowledge – diverse network from my life. I have family, friends, colleagues, some close some far, some from waaaaaay back, some from present time, and I am sure some who I’ll be connected closer with in the future. It really is an interesting social utility. There you may occasionally see a glimpse of my personal life, a photo or two, but overall it is a personal branding and another network of information dissemination for me. Though, I am increasingly using the chat feature within Facebook.

So, What About You?

How are you using the social web? Do you have your own version of DCS? Maybe the tools were just designed to be completely different, but I know many folks who put it ALL out there regardless of the community they are engaging with, while others are a bit more reserved depending on which platform they are using. What kind of social user are you? I am curious to hear your thoughts in the comments below.

Thanks for reading.

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The Power of Social Data in Marketing http://www.thetrendjunkie.com/2010/05/21/the-power-of-social-data-in-marketing/ http://www.thetrendjunkie.com/2010/05/21/the-power-of-social-data-in-marketing/#comments Fri, 21 May 2010 16:17:08 +0000 Greg Cangialosi http://www.thetrendjunkie.com/?p=1255

As I write this, I am attending the Social Graph Symposium in Silicon Valley which I am super excited about. The event is centered around “the social graph and the implications of the social graph in business, technology, and the community.” I’ve been looking forward to it because I have been thinking a lot about social data lately, and in particular how marketers can leverage it with their communications.

Earlier this year at the Email Insiders Summit in Park City, UT, I was on a Social CRM panel with some great folks, where we were discussing in free form, the aspects of the effects of social data on customer relationship management (CRM). I wanted to expand on one of the interesting points that we only touched on in the panel, which was defining the types of social data that are available to marketers. As you can imagine, this could easily have been the focus of the entire panel. Since social data has been a focus of mine over the last few months, I wanted to put down some thoughts on how I view it’s relevance to marketers.

Social Data Defined

The idea of social data is relatively simple. With the growth of social mediums (social networks, micro-blogging, location based technologies, etc), individuals are generating out an incredible amount of activity, content and behavior on the web. This data is propagated and distributed through many channels (web, email, mobile, etc), and at the same time, a market has been evolving that aggregates this data, organizes it, and in some cases analyzes it. This type of data, albeit in some cases, data overload, can bring to bear some interesting opportunities for marketers. Lets look at the two types of social data that encompass the root of these opportunities.

Social Data Attributes

The first, is social data attributes. This is the broad aspect of defining the social graph within a given audience. Lets say for example that the audience is your customer base. Clearly, this is one of the most valuable assets to any business.

Social data attributes allow you to add specific data points to your given customer database, in particular the social graph layer. For example, maybe on average a marketer would have some basic data attributes on their customer list:

1. First & Last Name
2. Company
3. Email Address
4. etc… (the more sophisticated the marketer, the more data fields included in a customer database).

Social data attributes come into play when you can also identify where your subscribers are on the social web. What percentage of them are on Twitter, facebook, LinkedIn, etc.. ? Beyond where your customers are on the social web, there are also attributes like “influencer” data – this is where the number of “friends” or “followers” can be aggregated, and you can identify who in your customer base is a potential “influencer.” These data points can also be aggregated and appended to your database. This is the base foundation of adding the social graph layer to your customer file.

Social Data Activity

The next, and perhaps more challenging social data marketers now have at their fingertips is social activity data. What I mean by this is, what kind of conversations, interactions, posts, updates, check-in’s, etc, are your customers generating online?

This type of data, which is almost always in the public domain, truly is the “real time” heart and soul of your customer base. Aggregating, analyzing, and responding to some of this data has the potential to completely transform traditional CRM, and in many cases already has.

Just think of how much more relevant your customer interactions can be when you’ve read their latest blog post, tweet stream, viewed the flickr pix they posted from an industry event they just attended, etc. On the human level, this is social CRM. Deeper, more meaningful interactions.

From the sales & lead generation perspective, acting on social activity also helps fill the top of the sales funnel. Think about it, with the right approach, people are having more meaningful relevant conversations that start online with some kind of social activity, but are quickly brought offline for deeper discussion. I know many companies who are having great success leveraging this, mine is one of them. With these small examples, I am just scratching the surface of what is possible.

Socialize My Database

From my perspective, email and social are a beautiful marriage. When you think about where to start with all of this, your customer email database makes the most sense. Since email offers one of the most targeted, efficient and measurable mediums available to marketers today, it would make sense to build your social graph around the email address, hence why you always hear me and the folks at Blue Sky Factory touting email as “the digital glue.”

Think about it, if all of the other social mediums went away, there would still be the email address. Recent research data from Merkle’s “View from the Social Inbox 2010″ report also suggests that many people use the same email for permission-based emails as they do for social networks. This makes even more of a case to leverage your email database first.

I’ve Got the Data Now What?

Many marketers I speak with are not so much struggling with where to find this type of data, they are struggling with how to use it. This is the beginning of a new era of marketing strategy and tactics. When combined with email, some of the basic social data elements described above, the following are just some of the tactics a marketer can leverage:

1. Identify, and target influencer’s within your customer or subscriber file.
2. Create accelerated loyalty & retention campaigns.
3. Jump start a social media presence (cross pollinate your customers to your social properties).
4. Convert community into new email subscribers – build your list!
5. Build your sales pipeline by active social web participation & engagement.

Again, I am just scratching the surface of whats possible. I would love to spark some additional dialog on this topic. What are your thoughts on social data? What did I miss? Do you agree?

Feel free to comment and continue the conversation below. Thanks for reading.

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The Marketers “New Normal” – A Manifesto http://www.thetrendjunkie.com/2010/02/16/the-marketers-new-normal-a-manifesto/ http://www.thetrendjunkie.com/2010/02/16/the-marketers-new-normal-a-manifesto/#comments Tue, 16 Feb 2010 15:17:07 +0000 Greg Cangialosi http://www.thetrendjunkie.com/?p=1166

As Bob Dylan sang, the times they are a changing. For marketers, now the times are a changing more than ever before. Think about the landscape shift we have seen in marketing communications over the last 24 months alone. There have been incredible amounts of change and evolution in marketing mediums, and most importantly the connections, community, trust and influence that the social web has brought to the forefront.

The future is now:

Today, if you are a marketer, and you are ignoring this fundamental shift in communication, you are doing both yourself and your company a large disservice. You are putting your job on the line, and it will be just a matter of time before your organization “shifts” with or without you. As marketers it is our duty to leverage all of the tools that are available to us today.

Are you on the bus or off the bus? That is the question any savvy marketer must ask themselves these days. Sure, every market and industry is different, but everyone is going to be affected this time (they already have, many just don’t know it yet). This marketing communications landscape shift isn’t just another “tactic” to include in your media plan, this is the new frontier of marketing communications. We are in the future now.

Is your marketing department adaptable?

To me, one of the secrets to success in today’s marketing landscape is having the willingness and ability to adapt. The ability to change, hence the marketers “new normal.” What is the new normal? According to me, the “new normal” for any organization should be the ability to constantly change, with the times, the technologies, and the mediums that are literally evolving the way that we think about communicating and engaging with our customer base.

The “new normal” should always be morphing. They say, the only constant is change, and that is so true when it comes to today’s marketing landscape. As marketers, we can no longer be set in our ways. In today’s world, our ways need to be constantly changing because the optimization of our efforts is never complete. As our VP of Strategy & Innovation Chris Penn says, there is always more juice to squeeze!

Are you taking action?

Now is the time of new thinking, experimenting, evaluating and adapting. This is the time. Your company’s marketing department should be morphing into a publishing organization, and leveraging the power of your customers and subscribers networks. As I have said several times this year in my speaking, 2010 is the year of social acceleration, and TRUST and INFLUENCE in the social web will drive more purchasing decisions than EVER before.

So, as we move forward in 2010 and the landscape continues to change, it is important that we as marketers stay nimble and light. Now is not the time to “over process” your marketing function, but rather to test the waters on new mediums, learn more about your existing subscribers (social graph), build brand ambassadors and evangelists (easier said than done, yes), and most importantly LEVERAGE what is beyond your control…… the thoughts, opinions, recommendations and influence of your existing base.

Think about it.

Am I off? Tell me what you think in the comments.

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Ad Tech and Ultra Light Startups NYC http://www.thetrendjunkie.com/2009/10/31/ad-tech-ultra-light-startups-nyc/ http://www.thetrendjunkie.com/2009/10/31/ad-tech-ultra-light-startups-nyc/#comments Sat, 31 Oct 2009 18:16:48 +0000 Greg Cangialosi http://www.thetrendjunkie.com/?p=1112

This coming week I will again be heading to one of my favorite places on the planet, NYC. I will be attending Ad Tech on Wed and Thur, and will also be speaking on a panel at Graham Lawlor’s Ultra Light Startup’s on Thursday November 5th at 6:30 at Sun Microsystems. The event is dubbed “Email Marketing for Startups”.

I am looking forward to it and I will be joined by some incredible folks who I can’t wait to meet. The panel looks like:

Moderator:

* Maisha Walker, President of message medium and e-commerce columnist with Inc. magazine

Panelists (alphabetic order):

* Greg Cangialosi, CEO of Blue Sky Factory
* Neil Capel, Founder and CEO of SailThru
* Lisa Klieman, Vice President, Business Development at Innovyx, Inc.
* Adam Rich, Co-founder and Editor-in-chief of Thrillist

If you are coming let me know and lets be sure to link up. If you are going to be at Ad Tech and want to link up as well drop me a line. I will be roaming the exhibition floor most of the time. See you in NYC!

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Building Your Community Through Email http://www.thetrendjunkie.com/2009/05/16/building-your-community-through-email/ http://www.thetrendjunkie.com/2009/05/16/building-your-community-through-email/#comments Sun, 17 May 2009 01:48:01 +0000 Greg Cangialosi http://www.thetrendjunkie.com/?p=1043

Below, is an excerpt from the Maryland Chamber of Commerce Digital Marketing event that took place on Thursday May 14th. In this video, taken by Will Burns, I talk about how to jump start your social media community with your email database, and how to build email subscribers through social media.


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Bootstrap Maryland: Start a Business Today http://www.thetrendjunkie.com/2009/04/12/bootstrap-maryland-start-a-business-today/ http://www.thetrendjunkie.com/2009/04/12/bootstrap-maryland-start-a-business-today/#comments Sun, 12 Apr 2009 15:13:02 +0000 Greg Cangialosi http://www.thetrendjunkie.com/?p=1029

I am really excited about Bootstrap Maryland. When Jared Goralnick first asked me to be a part of it I hadn’t even realized he had been working on such an interesting and important event. I’ve always thought an event that brought together similar entrepreneurs who have experience building businesses outside of the most common routes, (ie. raise friend and family money, raise angel investment, raise VC, etc) would be extremely valuable to the next generation of entrepreneurs. Our region is ripe with talent, ideas, and products that are already in “the lab” and just waiting to officially “launch.”

bootstrapmd_speaking

I look forward to sharing my story and advice around building businesses with little to no funding at all. It certainly isn’t easy, but it can be done with, as Jared states “drive, brains and little creativity.” Details on the event are below, or you can click here. If you are thinking of starting a company, or already are out of the gate and are looking for some additional inspiration. Hope to see you there on May 2nd.

Bootstrap Maryland brings together young entrepreneurs and the necessary tools for running a lean and successful technology business.

At the Bootstrap Maryland Conference on May 2, 2009 you will learn how to turn your web or technology idea into a business. The presentations will cover topics such as:

* What you need (and don’t need) to get your business off the ground.
* Most products fail due to lack of marketing, not failed technology. How to get the word out inexpensively with social media, events, and creative PR
* The most relevant technologies people are using today, and ways to get the technology right the first time
* Stories, lessons learned, and discussions from young people who have built successful businesses

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3 Days, 3 Speaking Gigs: My Observations http://www.thetrendjunkie.com/2009/03/25/3-days-3-speaking-gigs-my-observations/ http://www.thetrendjunkie.com/2009/03/25/3-days-3-speaking-gigs-my-observations/#comments Wed, 25 Mar 2009 13:58:56 +0000 Greg Cangialosi http://www.thetrendjunkie.com/?p=1013

I rarely do this, but somehow the stars aligned where I actually spoke to 3 entirely different groups of people, 3 days in a row about social marketing and macro level trends that are happening in the marketing communications space. The audiences were as follows:

1. Technology Council leaders of North America
2. A global provider of testing & certification centers.
3. A large law firm.

This proved to be very interesting for me, because 99.9% of the time I speak to marketers. So, taking essentially the same message and applying it to the non-profit, testing & education, and legal professions proved to be interesting, and it worked.

The one nugget that I found to be the most interesting of all was that EVERYONE GETS IT (for the most part). I started every presentation with 4 key MACRO trends, the first one being that marketers finally understand, and get the fact that we are now in a two way media landscape. The batch and blast mentality of one way media is so old school, and so foreign to the modern marketer. I feel people are starting to get this on a broader level, and they are embracing it.

Why do I feel this way? There wasn’t anyone in the room at ANY of the three talks I gave that challenged or countered some of the statements and trends that clearly outline a shifting landscape of communication for organizations and businesses. In the past someone always didn’t agree, or there was big push back on some level, once we got into the details. I actually always look forward to it, because a healthy debate / friction is always good. The closest we got on a debate was the whole personal vs. company profile, mixing the two together, or not, etc. Good one for sure.

Maybe it was just that the folks I spoke with were primed and ready to hear more. Either way, as a person who goes to a ton of events and speaks to a variety of audiences, in my mind companies are beginning to adapt. More and more marketers and organizations are applying more social marketing tactics and mediums to their outreach programs. Its not just marketers that get it either, the “organization” as a whole is starting to get it. This is good, because as many of you well know, it is happening. We are in a world of dialog marketing, so embrace it.

Would love to hear your thoughts below.

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Entrepreneurship Interview w/ Steve Kruskamp http://www.thetrendjunkie.com/2009/03/18/entrepreneurship-interview-w-steve-kruskamp/ http://www.thetrendjunkie.com/2009/03/18/entrepreneurship-interview-w-steve-kruskamp/#comments Wed, 18 Mar 2009 17:54:24 +0000 Greg Cangialosi http://www.thetrendjunkie.com/?p=999

Steve Kruskamp came to Blue Sky Factory’s HQ today to interview me for his MBA class in entrepreneurship. We sat down and did a hour long interview. If you are interested in hearing about some of my experiences and thoughts around entrepreneurship check out the recording below:




NOTE: The first 10 seconds of the audio there is feedback then its a clean recording, just FYI.

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Interview w/ Steve Fisher for Network Solutions http://www.thetrendjunkie.com/2009/03/16/interview-w-steve-fisher-for-network-solutions/ http://www.thetrendjunkie.com/2009/03/16/interview-w-steve-fisher-for-network-solutions/#comments Mon, 16 Mar 2009 16:12:54 +0000 Greg Cangialosi http://www.thetrendjunkie.com/?p=996

Steve Fisher did a brief interview with me in the hallway of SXSW for Network Solutions, Solutions are Power blog. I talk about Blue Sky Factory’s latest Publicaster release and my thoughts on SXSW. Check it out:

Click here to view the embedded video.

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