Interactive Advertising Bureau released the whitepaper “User-Generated Content and Social Media Advertising Overview (PDF, 3.4 MB), a hands-on guide to social media, focusing on terminology, practices and standarts.
The document intends to clear some of the fears that brands and agencies might have on using this dynamic medium, framing the whole UGC movement and reminding brands that user reviews are just like personal recommendation, one of the most effective forms of advertising.
Blogs, wikis, UGC and Ad Networks are described, with several examples how to integrate advertising with social media. The myth that Social Networks is kids stuff was also debunked, by showing that “more than half of MySpace users were over 35 years old” and “LinkedIn, reports that its average user is 39 years-old and has an annual income of $139,000″.
With all the buzz surrounding social media, it’s easy for brands to jump into the bandwagon, and try to push their messages instead of engaging into conversations with their audience. Marketing author and blogger Seth Godin brilliantly states it on his latest book “Meatball Sundae”, reminding companies that just because they put money into new media that doesn’t necessarily translate into effective customers. Be ready to fail, experiment, optimize and most important, be ready to listen.
The document is a valuable first time reading for professionals that want to get acquainted with social media. For a 17 page paper, it manages to get a good overview that you can enrich with several web resources , such as Paul Isackson‘s recent presentation, or from Fallon planer Aki Spicer:
This entry was crossposted at Interact Congress Blog.