Are Indian News, Media and Entertainment Companies Social Media Savvy?
Posted on 11. Dec, 2009 by gaurav in Reports, Reviews
Most companies see social media as a part of communications, sales and marketing. Some, with a little help from us, realize that social technologies have implications for diverse business functions beyond these functions: from market research and product innovation to customer support and process redesign and even to partner relations and organizationsal development.
However, social technologies are a part of the core product for few companies, apart from the tech giants like Google, Microsoft and Yahoo, standalone social networking firms like Facebook, LinkedIn and Twitter, and social tool vendors like Jive, Lithium and Salesforce.
I believe that social technologies are becoming a part of the core product for news, media and entertainment companies, because an increasing amount of the content available online is now consumer generated content. As the boundary between content companies and technology companies blur even more, all news, media and entertainment companies will need to become technology companies.
In the US, the ubiquity of the internet has forced news, media and entertainment companies to become early adopters of social technologies and experiment with all the five underlying drivers of consumer generated content (CNN iReport), conversations (NPR Community), collaboration (Al Jazeera War on Gaja), community (NYT Times People) and collective intelligence (CNN News Pulse).
2020 Social builds and nurtures online communities for Indian and international clients, connects their customers, partners and employees, and helps them achieve their business objectives.
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