Bursting the Web 2.0 bubble

by admin on March 5, 2009

in General,Marketing

When John Stokdyk puts his cynic’s hats on he can truly tear his victim a new one with the very best of them. Today, in vintage Jeremy Clarkson fashion, John’s chosen target is all things Web 2.0. It starts:

My exposure to Web 2.0 business thinking has expanded tenfold in the month or so that I’ve been trawling around Twitter. It’s not hard to see why people are reluctant to join in – there’s no hiding the impression Twitter creates of a vast pyramid selling scheme. I’m making lots of new friends who describe themselves as “social networking entrepreneurs” and are not shy about putting forward their money-making ideas, digital marketing strategies and motivational insights.

…middles with

But like much of the current Web 2.0 buzz, it fuels a self-referential feedback loop that only includes those people who believe they have discovered the secret of eternal business youth. Except in a few very rare cases – mainly slick talking online marketing agencies with gullible clients – it does not constitute a viable business model.

…and ends

In professional services, as in any other industry, there is no business model that can invent a substitute for getting out and talking directly to people in their workplace about what they do and the problems they face.

I sense that John is describing what I sometimes snarkily refer to as the ‘mutual masturbation society’ that services like Twitter can represent. The other day I tore into SAP who have got themselves a dose of new media Web 2.0 religion. They’ve been driving me nuts.

The problem is that much of what passes as Web 2.0 interactions is just another way to talk about marketing. Dressing it up as ‘conversations’ or ‘relationship’ is horse crap thinking of the first order. No-one is daft enough to believe that. What the bright young things who enthuse about this stuff don’t realize is that relationships have to be real for there to be mutual value. How about starting (in the tech world) with the idea that there is some sort of equality in the relationship? By that I mean if you are going to insist on a price rise then provide me with solid justification to which I can relate rather than put me on a forced march.

John’s closing is bang on the money. There is no substitute for face time. However, the new channels do offer a way of deepening whatever constitutes a customer relationship. The question then comes – what does relationship really mean? When I gaze over the software landscape, it seems to be more about how much I can squeeze out of customers.

In the cross vendor situation, it is anything but rosy and cuddly. Check this from Infor (courtesy of an email link from James Governor) – nothing very friendly there. From a user perspective you have to ask: if this is what they really think then how much hypocrisy underpins what they say to me? But then I’m an arch cynic.

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Timo - what an absolute corker of a quote about marketing. I've picked up on it for the following post: http://tinyurl.com/c92fby

Mark - agreed, I don't auto follow back on Twitter either. I pick and choose, and I also have a policy of blocking anyone I don't want to follow me (like anyone with "dating" or "adult content" in their profile).

M

I've been on Twitter since last July and have none of the problems or issues about which John complains. Maybe it's because I don't auto follow back?

@timo - all good points but I wonder whether you're asking for something that's dying on the vine - balanced journalistic content. A lot of the time that's what I do but one of the great advantages of the blog platform is that it allows people to offer unvarnished opinion without the necessity of worrying about the alternative POV.

Love you too, baby!

Some nice additions and background to the debate - thanks.

What I could have added more cynically was that it's great to have a stimulating subject about which to fulminate.

I'm off to check that Victorian telegraphy spam article...

Cheers
John

There's nothing new under the sun.

People have been complaining about overt commercialism with every new communication mechanism since the telegraph (see the classic Economist article on victorian spam: http://www.economist.com/opinion/displaystory.cfm....

And ad guru Howard Gossage argued in the '60s that "People read what they're interested in. Sometimes it's an ad." -- i.e. companies should communicate meaningful content not mumbo-jumbo (not that many people listened, sadly)

Anybody who thinks that marketing involves spitting streams of positive adjectives at people (e.g. "let me tell you about our brand-new, innovative, reliable, scalable, easy-to-use super-duper platform!") should be shot -- or at least made to take support calls from customers.

I agree with Doug, above -- the best thing about web 2.0 is that bad marketing and marketers get more, better, faster feedback.

But there are still problems. One big one is that nobody's particularly interested in balanced, nuanced content. There's a tendency for louder, more controversial positions and opinions to get the attention -- look at the article you're commenting on. Or consider the "balanced and nuanced" word "pimposphere"...

Infor apparently came to the conclusion that what they needed to do to get more airtime in the new world was add a little more venom and hyperbole. It worked, since you cited them here.

I wonder who they learned all this from? Marketing guys?

Or we're in Gartner's trough of disillusionment?

If nothing else, the web has done a great job of showing just how much of a herd mentality we all have; long believed, now emphatically articulated.

But, there is hope. If the likes of Twitter and Facebook were originally built to supplement and work around the physical constraints of real world relationship management, but eventually they evolve into platforms for supporting mostly disembodied, webby relationships, then they must eventually self correct and collapse under the sheer weight of their own pointlessness.

PS. I think John - and possibly everyone else - is at stage four of this - http://en.wikipedia.org/wiki/K%C3%BCbler-Ross_mod... - meaning, come the late summer we'll all be much perkier and optimistic.

I find it strange that you would hire a third party to act as an intermediary between your company and your customers on the web (1.0, 1.5, 2.0. . .)

Sure you can spam them with your content. There have always been many ways to do that.

I think the best thing about web 2.0 interactions is the ability to listen to your customers. Marketers spend too much time talking and not enough time listening.

With respect to the twitter marketers, as far as I can tell this is a fairly recent phenomenon, and they can be ignored just as much on Twitter as they can be in other places.

Personally, when I get followed by someone who has 30'000 followers and followees and has any word related to "marketing" in its profile, or looks like they're shilling their MLM scheme, I simply don't follow back.

Twitter is what you make of it. It's no surprise that various shady spammers and other marketroids have jumped on it, but they are still a vast majority. Ignore them and enjoy your Twitter.

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