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Showing posts with label social media. Show all posts
Showing posts with label social media. Show all posts

Walls Coming Down: How Social Media Breaks Down Barriers and Optimizes Communication

Posted by fashionentrepreneurreport On Saturday, April 17, 2010 0 comments
Heidi Sullivan VP of Media Research and Jay Krall Manager Global Product Management at Cision dissected the ins and outs of getting your brands out there through social networking. Public Relations professionals and solo business owners alike were taken through the guidelines and best practices for the rapidly growing media phenomenon.

Which Walls are coming down?

• Between Traditional media and social media

• Across types of social media

• Between your personal life and your professional life

• Between Public relations and the public

• Across job functions

1) Between Traditional Media and Social Media

“All media is social and all social is Media – Steve Rubel, Edelman Digital

90% of the blog sites are amateur, 10% professional journalists. Most bloggers don’t work for media professionally but that doesn’t mean that they are not passionate about their topic, or researching the proper information. Develop a relationship with anyone that has a bullhorn

There is more transparency in social media. People seek compelling content from social sources and journalistic sources equally as much instead of in the past where they got news content from journalistic sites only.

Facebook now drives more traffic to Perez Hilton and the Huffington Post than Google does. – WebProNews, May 2009

2) Social sites are increasingly interconnected between each other.

• Sites seek to be sources of content rather than destinations

• A variety of applications help users syndicate across multiple networks, but beware: this can look robotic and unsocial.

How do you measure success results in social networking across many outposts:

Is a Facebook friend worth as much as a Twitter follower?  For measurement purposes, yes, a person you’ve reached with a message counts the same on every platform. Ask questions like…

• How sticky is my content

• What will make people come back?

• Does my content incite people to take action or share something rather than just read or watch?

• Can those reactions be counted?

3) Between Personal and Professional lives:

Be as different as you can be when it comes to social media” – Scott Kleinberg, Social Mediaologist and Buzzmaster, RedEye Chicago

• Best practices when engaging personally and professionally

• Pick the right representatives

• Keep it clean (and do it regularly) (like old high school friends vs. work colleagues, you can limit what each group sees, there are ways you can do that)

• Be careful with syndication (if all you’re doing is pushing your own content you will look like a robot and people will not come back and read you

• Group your friends

• Embody the personality of your brand

People don’t want to engage with a logo. People don’t want you to just spit info out to you and then not have responses or communication. Be a VOICE of the brand.

Once you start to communicate you will see people start to push your message out for you.

4) Between Public Relations and the Public


There is now a conversation shift. The traditional way of getting a brands message out there used to be (PR to the Media, Media to the Public)

Social Media is now looked at as “US” a community, where you basically take out the traditional roles of PR, Media etc. and just have a group of people discussing and commenting on like things. Which allows you to tap into consumers directly.

5) Social Media for Internal Communications

But I don’t work in…Customer/Client Services, Product Management, Marketing, Public Relations, Sales, Support yet I am in charge of the social networking for the company… What now?

• Integrated Engagement Best Practices

• Don’t be afraid to respond quickly and say “I don’t know” (remember to follow up though!)

• Communicate with other social media brand representatives

• Create a social media policy for your company

• Use others’ expertise to provide great customer service

• Open up internal communications to provide consistent messaging

For more information go to:






-Lynn Furge

A Roadmap for the Tech/Mobile/Telecom/Media Sectors: Top Entrepreneurs Reflect

Posted by fashionentrepreneurreport On Tuesday, April 13, 2010 0 comments
A tech savvy panel of entrepreneurs graced New York Entrepreneur Week April 2010 to discuss the trends of technology and how to embrace them.

Expert Panelist included: Scott Belsky, the Founder of Behance, Landy Ung, Founder of 8coupons, David Horowitz, Managing Director of Comcast Capital, Jeff Pulver, the Founder of Vonage & 140 Characters Conference, with moderator Stuart Goldfarb from Orrick

The panelist strongly suggest using the power of technology to connect local consumers with local retailers.  Allow technology to provide information that makes it easier to facilitate the idea of connecting people to people.  Through self-funding and bootstrapping entrepreneurs can focus on branding and building a name for themselves.

What makes a successful entrepreneur, is the person itself. Through social networking allow yourself to be vulnerable so people can hear your actual voice.  Your opinion matters to your consumers and followers.  Don't underestimate the power of other people restating what you say.  You can't hide good/bad brand experiences anymore, and use that to your advantage.  Landy Ung suggested, if you're using technology make sure you have a self-service platform to help with your technical difficulties. 

The panel agreed that transparency is something that people still don't understand and they expect some industry breakthroughs within this area.  Jeff Pulver said, "If you could actually build relationships, that's how you can change lives.  New media will never replace old media, but if you connect the two you create a 'now media'."  The possibility of the future by crowd-sourcing, hyper-communication, and managing your presence is endless.  Jeff Pulver believes this is the year of the consumer revolution.  

- Katie Evans

Raising Seed-Stage & Angel Investor Capital in Today's Environment

Posted by fashionentrepreneurreport On Tuesday, April 13, 2010 0 comments
Are you an entrepreneur in the current stages of finding financing for your startup?  New York Entrepreneur Week April 2010 brings an expert panelist to answer your investing questions. 

Experts included: Jay Levy, the Principal at Zalkova Ventures, Brian Cohen, the Founder of iFluencePR, and Vice Chairman of NY Angels, Geoff Judge, the Venture Partner at iNovia Capital and NY Angels Board of Directors, Owen Davis, the Managing Director of NYC Seed, and Dave McClure, the Founder of 500 Hats and the Director of Seed-Stage Investment for Founders Fund.  

The investors gave personal tips while covering the do's and don'ts of raising capital and the proper way to get your ideas in front of the correct people.  Consumer trending has been on the increase on a global basis which makes it much easier to get capital than it was 12 months ago.  

When receiving a pitch, investors would rather hear what problem you're trying to solve, not your specific idea.  Make sure you recognize the competitive landscape and the concept which you're operating.  Be open with investors, don't just gloss over what you've accomplished, be specific, what have you really done?

The NY Angels have funded over 50,000 deals in the US and close to 90% of all seed capital startups.  Whether it's through professional networking programs such as LinkedIn, building relationships with people who are providing you money are helpful ways to be prepared.  The people who want to support your needs are there, just make sure you're connecting with them correctly.  


- Katie Evans

The Nolcha Fashion Business Conference

Posted by fashionentrepreneurreport On Friday, March 26, 2010 1 comments

The Nolcha Fashion Business Conference, May 20th 2010, caters to independent fashion designers, retailers and related independent industry businesses; providing one full day of industry expert-led interactive panels and thought-leadership discussions with those who define business strategy in the fashion market.

This unique event delivers content that is key to the independent fashion business owner by renowned professionals and industry experts; providing an additional platform for intimate networking with industry executives and decision makers.
 

Speakers include:
Long Nguyen, Fashion Director, Flaunt Magazine
Rick Weinstein, Director Sales/Marketing, Searle NYC
Jennifer Evans, President, Evans Group International
Sheryl Spariel, President, The Fabric Stock Exchange
Yuli Ziv, Co - Founder, My It Things
Michael Rabin, Sales, Datafashion
and more!!!

Agenda:
8:45am: Registration opens

9:30am:  Imaging and Branding - Image is everything and with that said... from the initial image that launches your collection all of the way to the seasonal updates, a fashion brand needs a path. Learn from the experts who will tell you everything from what colors mean to the consumer, what fonts really say and how important is a unique logo.

11:00am:  Manufacturing and Sourcing- Where do you turn when starting your collection? How do you grow when your orders get bigger? What are the pros and cons of sourcing internationally? How do I create a proper tech pack for my manufacturer? All of these questions will be answered as well as how to find pattern makers, seamstresses and a one stop shop for production.

12:30am: Virtual Worlds and Social Networks - A new institution in the fashion community, virtual goods have become a $100 million business per day. Learn how fashion fits into the equation with 3D modeling, virtual runway shows and virtual fashion pieces that can not only save money, but make money. Also learn about how social networks fit into virtual worlds as an additional marketing tool for your independent business.

2:00pm: Buffet lunch provided by Nolcha

3:00pm: Retail - Buyers and showroom representatives discuss what they expect from designers in terms of numbers of sku's, linesheets, lookbooks and how to approach a buyer/showroom with your collection.

4:30pm: Finance presented by NYC Business Solutions and M & T Bank- From bank cards, to lines of credit to loans, factoring, purchase order funding and merchant cash advances.

6:15pm: Cocktail reception

To purchase your Early Bird limited ticket price 
click here

Nolcha projects have been seen in: 



Gothamedia Ventures presents Fashion Tech NYC Technology, Social Media, and Fashion

Posted by fashionentrepreneurreport On Tuesday, February 23, 2010 0 comments
The seats slowly ran out in the packed office building at Gothamedia Ventures for their 2010 "Digital Breakfast" about Technology, Social Media, and Fashion.  Panelists included David Reinke (CEO and Founder of StyleHop Corporation), Matthew Snodgrass (Senior VP of Digital, Lippe Taylor), Rafe Totengco (Designer; CEO of Rafe NYC), Luke Watson (Director of Andy Hilfiger Entertainment), and Yuli Ziv (Editor-in-Chief of MyItThings.com and Founder of Style Coalition.  This was the first in a series of events as Gothamedia Ventures plans to focus the next few panel discussions on fashion and technology.  The panel today focused on how social media is changing the way that consumers relate to fashion and the fashion industry.  


Talk of "flash sales" as seen on sites like RueLaLa were in heavy discussion as the panelists feel they are changing the way the structure of shopping for consumers.  They believe this could potentially threaten designers who can't afford to put their items on sale price.  The panelists also felt that these "flash sales" can bring a separation of being excited about a brand to the actual point of purchase to consumers.  


Matthew Snodgrass brought up the fact that, "Most fashion companies only spend 5% of their budgets on marketing which creates a barrier in the industry".  As the other panelist agreed, he talked of fashion designers being behind on the social media trends which is negatively affecting them while other brands are building relationships with their consumers through social media.  


Yuli Ziv raved on blogging and the business advancements it can place your company in.  Since we are living in a "Reality TV culture", blogging is a great way to get your readers up close and personal with an inside scoop on your life.  Rafe Totengco says he receives more positive feedback while tweeting "behind the scenes" than he does when tweeting on his collections.  Twitter and blogging brings you closer to your current customers creating a long-standing relationship.


For more information on the seminar or live video, visit gothammediaventures.com

- Katie Evans

The Fashion Cross Over

Posted by fashionentrepreneurreport On Friday, February 19, 2010 0 comments
Robert Duffy President of Marc Jacobs has begun to twitter and is using it to not only start a ticket giveaway to the famed Armory show that happened last night.  They also did live feeds from the show even going as far as leaving a “personal note” on the Marc Jacobs website to invite people to come, watch, and spread the word via facebook.
In the world of social networking and staying in touch minute by minute brands are grasping at any straw they can to stay relevant.
The Mercedes Benz fashion week tents has allowed tweeters from all over the world to give their fans minute by minute soundbites into the world of fashion from backstage to the designer’s final bow.
With that said during event season it is always possible to garner the attention of fans and new clients, but what should a fashion business do in between seasons?  Here are a few new products that prove the fashion community is trying to stay on top of the Mobile Application bringing new meaning to anything you want with the touch of a button.
Shop View
A new Iphone App $1.99 app gives you a 3D tour of the local shops on Oxford Street in London plus links to their websites and Twitter feeds of special sales.
Trendstop TrendTracker
This new app not only selects the season’s trends for you but also gives you fashion events and venues around the globe.
Chicfeed
This app focuses on street style, bringing you updates from the most popular blogs, including the Sartorialist, Face Hunter, and Altamira where users can see up to the minute influential fashion from the real people shopping.
myFendi
The ultimate application for the Fendi fan lets you classify your favorite looks by the label and locate the closest store. As a special gimmick, this app also mixes and matches Fendi items with the clothes in your wardrobe.
Love It or Lose It
Can’t decide what to wear? Love It or Lose it ($1.99) lets you send up to three pictures of an outfit – from the store, your room, or wherever you are – to your friends or the app’s online community, giving you instant feedback on how you look.
The key thing to take out of these apps is ingenuity where there is something for every type of client.  Instead of trying to reach a much wider audience businesses are using these add-ons to create a better customer service platform for their existing shoppers.  And as the news of that spreads, the numbers will grow.
- Lynn Furge

Turning Data into Revenue: How to Leverage Social Media Monitoring to Increase ROI

Posted by fashionentrepreneurreport On Wednesday, February 17, 2010 0 comments
Liz Miller, the VP of Programs and Operations for CMO Council teamed up with PR Newswire to lecture on listening, learning, and engaging when it comes to monitoring your social media.

"We all need to become data lovers", says Miller.  She explains that from a marketing standpoint, the real challenge is understanding the data, not only understanding social media. Miller continues to say, "If you can't measure it don't do it".  She believes the only effecting marketing is the kind that you can measure and analyze.

Some of us new to social media might be wondering, why do customers engage?  Well, people are using social media in ways that can benefit your business.  "Customers are using social media to problem solve (43%), solicit feedback, and are looking for new ways to interact with brands", says Miller.  They also feel more engaged through social media and have a stronger sense of connection with the brand.  57% of customers say they feel better served when they receive help through social media.  

The problem is that most marketers are focusing on the positive statistics instead of the ones they should be dissecting.  For example, here's a chart of what marketings tend to monitor.

- 65% Page views and registrations
- 58% Volume and origin of site traffic
- 45% Search prominence and site preference
- 37% Content downloads
- 21% Word-of-mouth and viral buzz
- 19% Awareness and receptivity levels 

Only 21% are monitoring word-of-mouth, which is a huge part of marketing for most companies along with awareness and receptivity.  Marketers should establish channels where influencers reside and target them by delivering relevant content. THEN discover page views, site traffic, and measure the findings.  Companies should start understanding the perceptions and buzz around their brands and measure the impact of these major points of inflection.  By tracking tone, sentiment and advocacy, we can learn more about our target market and connect with them indirectly.

The initial track and scope is not enough, instead, dig deeper by looking for the general buzz about your brand or product.  By starting to monitor broad terms you can zero in on the specific.  This can help you understand what is affecting your positive and negative outcome.  With the data you accumulate, track and deliver it effectively back into your company.  These are successful strategies to listen, learn, and engage with your current and future consumers.  

- Katie Evans 

Chictopia.10

Posted by fashionentrepreneurreport On Saturday, February 13, 2010 0 comments
The Allegra Laviola Gallery in NYC was packed with fashion bloggers, independent designers, and social media marketers.  The day started with opening remarks from Helen Zhu the CEO of Chictopia followed by lectures on the trends associated with fashion blogging, fashion bloggers being approached by PR agencies and brand marketers, why we value individual style, the secret recipe to social media marketing, and showcases from the following designers: Corvus Noir, JCheikh, Triskaidekaphobia, Alexandra Grecco, and Alyssa Nicole.


Here's what you should know about what everyone in social media and living in the blogging world are talking about...


"Fashion Blogging, is this a trend?"
- Liz Cherkasova, blogger, featured in F21, Glossy Magazine, and Elle.com
- Susie Lau, Editor of Dazed Digital, Susie Bubble
- Danny Roberts, fashion artist, Igor and Andre
Blogging is all about honesty.  Your readers can feel your tone, get to know you as a person, and can pick up on any type of fakeness.  There are so many opportunities in fashion through blogging, so be yourself and the followers you want and will connect with will come.  Blogging is always evolving so stay up with the newest trends whether it's video's or livestreaming.  One important tip from Liz Cherkasova about advertisers approaching you was, "Make sure if you choose to have advertisements that they make sense, it's helpful, but there's a fine line between too many".


"Fashion Bloggers being approached by PR Agencies & Brand Marketers" 
- Rebecca Stice, blogger, The ClothesHorse
- Judy Aldridge, blogger, Atlantis Home
Don't forget that most of your readers are normal people with budgets and limits so be personal and specific.  Although it takes a lot of effort, having the best quality images is huge for any blogger.  Also, if you can monotize your blog, advertisers will start to come.  Although it may seem like a good decision for you to accept advertisements, be careful.  Too many banners or advertisements can bring the quality of your blog down.  If you do decide to go with advertisements or collaborations think long term.  Your readers should evolve with you so this will bring more self-marketing to your blog and give you a real identity.  


"Why we value individual style"
- Susan Koger, Founder, ModCloth
-Naomi Nevitt, New Media Specialist, former TeenVogue.com Fashion Blog Editor
- Dave Cook, Director of Marketing, The Find
- Jennifer Wexler, Marketing Director of Botkier
This panel was constantly stressing on putting yourself out there and connecting to other individuals through social media and build relationships with customers - BUT make sure you're listening to them.  Be relevant in your blog and use interesting content from an insiders view.  Through blogs and other forms of social media, were able to incorporate individual style which leverages opportunity for your business to grow.  Personal style isn't just fashion, it's how you live and keeps everyone in touch by bringing you into the conversation instead of having to search for it.  The internet just happened to change style through relationships and getting follwers to related to you as a brand.


"The Secret Recipe to Social Media Marketing"
- Helen Zhu, CEO, Chictopia
- Jess Lee, VP of Products, Polyvore
By combining your existing solutions with community support you can create a social media landscape.  The 3 Rules to this social media landscape should be...
Engagement #1) Go where people are
Engagement #2) Make it easy to participate
Engagement #3) Reward Participation


Authenticity #1) Be a face to a brand
Authenticity #2) Be inclusive
Authenticity #3) Understand your audience and integrate into your environment


Brand Advocacy #1) Influence your influencers
Brand Advocacy #2) Make it personal and about self-expression
Brand Advocacy #3) Turn your fans into social marketers


So, be accessible, honest, and don't hold back.  This is an interesting time in the media industry and there are no boundaries for social media, use this to your advantage!


- Katie Evans

Perception is Reality

Posted by fashionentrepreneurreport On Saturday, February 13, 2010 0 comments

Recently, I saw a post on twitter by Gary Whitehill, founder of New York Entrepreneur Week (NYEW), “One of the hardest things to understand in life is: You’re not what you are, but what you’re perceived to be.” In this day and age of social media, this is one of the most important things for people to remember. First impressions last a lifetime and in today’s day and age, our first impression is made with the information that people see about us online.


Let’s be honest, when we connect with a person at a meeting or are introduced through a mutual contact, the first thing we do is go to Facebook, LinkedIn and Twitter to learn more about this person. If the individual has no information available or a spotty resume on these sites, part of the excitement of the initial introduction is lost immediately. The person will now have to overcome this void in order to make a great first impression.
In today’s age of the internet, you are your own brand and how you market and sell that brand will make you a success. You need to take an active role in building that brand so that when you do meet someone you are prepared and give off a great first impression. Some of the ways this can be accomplished are:


· Start a blog about your industry – Portray yourself as knowledgeable and people will listen to you and ask for your advice. This will give you a lot of credibility.
· Learn the industry – Make sure you know the names of the key companies and players in the industry. You don’t want to look dumbfounded when these individuals’ names are mentioned.
· Network – Build up a network of contacts in your field and related fields so that you can leverage their knowledge. Attend industry events and roundtables so that you can be more visible and be an active participant so that people know who you are.
· Learn how to make a great first impression – Make sure you know how to attract someone’s attention when you meet them. People have short attention spans so make sure you know how to get engage them from the first moment. You only have one chance at a first impression!


This is an especially important lesson for entrepreneurs. Very often entrepreneurs are young and have no track record. The only information people have about you is what they can find online. When you are going out to raise capital or to sell your product, people want to know who you are, what you stand for and what kind of person you are. You need to use all the tools available to you to create a certain perception of yourself in the eyes of others. This perception can often be the difference between getting the funding you need or the potential investors having no faith in you.


You are the most important thing that you are selling – make sure you are perceived that way.


- Aron Schoenfeld, the co-founder of DreamArtists Studios, a boutique music production company specializing in music for television, commercials and film.

Style Coalition and ideeli Announce Fashion 2.0 Social Media Awards Winners

Posted by fashionentrepreneurreport On Wednesday, February 10, 2010 0 comments
The snow and the slush couldn't hold back hundreds of industry attendees and the hundreds streaming live online for the Fashion 2.0 Social Media Awards at the W Hotel's Cherry Lounge in NYC.  


Winners were announced in seven categories:

•   Best Online Video: Chanel, Coco In Motion
•   Best Twitter – Donna Karan, @DKNY (the crowd favorite)
•   Best Facebook Page: Coach
•   Best Blog: Free People
•   Best Website: Kate Spade
•   Next Big Thing: FourSquare
•   Top Innovator: Burberry 


The winners were nominated by thousands of industry peers, according to Style Coalition, the “Fashion 2.0 Social Media Awards recognize best-in-class members of the online fashion community for their outstanding achievements and innovative communication strategies across a variety of social media channels, networks and blogs."

- Katie Evans
 

Cision's Monitoring Social Media Webinar

Posted by fashionentrepreneurreport On Tuesday, February 09, 2010 0 comments
Cision is the leading global provider of media relations software services and solutions for public relations professionals which they proved by thanking everyone personally who was twitting during their webinar!  The mediator stressed how important it is to filter and analyze the information from social media sites to fully understand what people what from your company.   There are currently no boundaries within social media which can be used to your advantage.

 
10 Reasons to have someone monitoring your social media 

1)   Complaint
-      Publicly acknowledge and quickly respond
-      Timeliness is crucial
-      The face that your fast response will make you seem always available it will also give you the benefit of being transparent even if you can’t fix their complaint

2)   Compliment
-      Engage in a compliment
-      Create a “Favorites Page” that links back to what your customers liked
-      These pages can ease new consumers in when they are “shopping around”

3)   “The Problem”
-      This gives you a huge opportunity to communicate with a broad audience and help your customers/future discrepancies
-      Most conversations are preserved in archives of the web so this can help people to use your former conversations as a reference (which can save you time in the future)

4)   “The Question/Inquiry”
-      Respond to just as quickly

5)   Campaign Impact
-      Instantly watching peoples reactions to your campaigns is something you can’t get from traditional media
-      You can see how many people were impacted and how many RT’s you had
-      Allows you to measure your key message adoption
-      THEY KEY: Looking for what words are associated with your brand that you wouldn’t normally think of and time track and spike your coverage

6)   The Crisis
-      Get a social media policy within your company to represent the entire company
-      Have one person have specific monitoring jobs to ensue the policy

7) The Crowd
-     There are so many interesting conversations going out that could be   valuable for you you’re just not reading them
 -     Also look into LinkedIn Answers
8) The Influencer
- Discover the patterns of interactions
- Small sphere of influence
- Read the “ordinary folks” who are blogging and linking their blogs to a close few – THESE ARE THE SOCIAL INFLUENCERS – highly influential people flock to these blogs and rely on them for trends and  there opinions are valued
9) The Point of Need
- If you have somebody monitoring your social media you can actually find people when they are in need of your product and build relationships
10) Use a dashboard
-Use a social media dashboard (Cisions’ is $595 month)
-Keep track of trends in your questions
 



For more information visit cision.com



- Katie Evans