Another step into social media for Omniture
Talking about social media and business often feels like trying to hit a moving target. At first MySpace was just for social connections and Facebook was a way to connect with college communities. LinkedIn became the de facto social networking tool for business and then Twitter for broadcasting brief thoughts. Now we find
(etc.) on corporate websites, movie posters, and email signatures. These buttons have become ubiquitous for marketing campaigns and, more recently, customer service and customer feedback.
The influx of social networking into marketing practice has changed how we think about web analytics and business intelligence. For a long time, analytics were concerned primarily with visitors, pageviews, and stickiness (how long a visitor remained on a site). More recently, the focus is on click-throughs and conversion rates—and now behavior-based analytics track influencers and analyze how we interact with people in our social networks. Clearly, web communities allow each of us to influence other people through what we say, what we buy, and what we recommend. Companies are struggling to balance the importance of mining customer and social network data with the risk of jeopardizing the apparently organic experience that spawns the growth of social communities.
Just last week, web analytics giant Omniture (now owned by Adobe) announced an expanded partnership with Facebook that will help companies monitor their marketing return on investment while targeting communities within Facebook (especially notable as we see Google and Salesforce.com edging into social media spaces). It will be interesting to see how this impacts the online marketing space longer term. Does a marketing dollar spent to advertise in social networking have the same impact as a marketing dollar spent on search? I believe both search and social networking will stay important to marketers in the long run.
For my work, this announcement raises a couple of questions: Will it force other networks or platforms to align themselves with analytics tools? I would not be surprised to see an announcement between Twitter and perhaps Webtrends. How will this increased emphasis on advertising and marketing impact the users of Facebook? It will be exciting to see how the new deal plays out, both for web analytics and for Facebook as a network.
What do you think? What does this partnership mean for businesses marketing through social media? What does it mean to you the consumer of social media networks? Are you excited or apprehensive?
