Sunday, November 01, 2009

From social relations to consumer power


There is a great piece on the future of the social web by Brian Solis Ht-Neville Hobson.

It is his response to the Forrester report which I have talked about before on this site which came out eralier this year.

That report told of five stages in the devoplment of social media

1. The era of social relations – Starting with AOL and others in the mid-1990s, this era witnessed the connection of people through simple profiles and friending features that served as the foundation for online conversations through connections.

2. The era of social functionality – Evolving from friending to platforms that supported social interaction through applications and infrastructure, facilitating communities through relationships locked within the confines of a particular network.


3. The era of social colonization – Deemed as the next stage of social evolution, which will emerge as soon as this year, tools such as OpenID and Facebook connect will enable individuals to freely journey from network to network.


4. The era of social context – Starting in 2010, social networks and sites will recognize the preferences of users, but more significantly, they will also recognize personal identities and relationships to customize the experience based on preference and behavior.


5. The era of social commerce – In 2011 – 2012, social networks will eclipse corporate Web sites and CRM systems. Communities will become a driving force for innovation and as such, companies will be forced to formally cater to communities, signifying the trading of power towards connected customers.

According to Solis

While Forrester predicts the era of Social Commerce, the future of the social Web as I see it, starts to embrace a corporate philosophy and supporting infrastructure that migrates away from CRM and even sCRM to one of Social Relationship Management or SRM.


VRM is the opposite of CRM, capsizing the concept of talking at or marketing to customers and shifting the balance of power in relationships from vendors to consumers. As such, systems are created to empower consumer participation and sentiment and improve products and services with every engagement.

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