India 1.0 is dead. Long Live India 2.0
Believe me when I proclaim that social media has impregnated every bit of our lives. No.Well, answer this - Where do you go if you want to:
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Learn more about an individual or company?
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Watch funny videos, advertisements?
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Research to buy your laptop or cell phone
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Plan your next vacation?
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Ask specific questions about a productIf your answers have been Wikipedia, YouTube, CNet, Trip Advisor and Yahoo Answersrespectively or similar to these, then social media is already a part of your life!!
So what is social media really?
Simply put, social media is creation of information by the ‘wisdom of crowds’ in acollaborative manner. It is about democratization of media as no single individual owns orcontrols it. It is about engaging with users; seeking their participation through discussionsin online communities.Social media content can take different forms; including text, images, audio, and video. Thevarious social media platforms that are currently available are blogs, wikis, discussionforums, social networking sites, video/photo sharing sites, Q&A sites, social bookmarkingsites, micro blogs etc.
What are the principles of Social media?
I am of a firm belief that social media is governed by four fundamental principles which Iclassify as
VULP
:1.Building
Value
for the community2.Allowing
Users
to generate content3.
Listening
(Feedback) to everybody’s point of view4.Seeking user
Participation
The above principles become eligibility criteria for a media to be qualified as social media.They set the tone of the medium. For a brand to use social media to its advantage it mustparticipate with users in their communities, listen to what they have to say and value add totheir discussions thereby raising the knowledge level of that community. Only then will it betruly qualified as having understood the medium and draw leverage for itself.
How different is it from other media?
The most important difference being that there is no audience in social media. Because
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Audience is to whom you
announce
any activity
•
Audience is to whom you
talk to
•
Audience is to whom you have a
monologue
with
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