Being social takes work. Communicating across any social network brings with it a level of overhead, both in terms of time and learning. It doesn’t matter if that social network involves flying across the country to meet with somebody or sending out an “I’ve arrived” ping on FourSquare when you land half a world away. They all have overhead. You need to learn how to use the medium efficiently. And you need to learn how to deal with the increased number of social contacts that increased “efficiency” will bring with it.
While social communications channels can greatly expand our ability to reach an ever-increasing number of people, they can also, through their added overhead, bring with them the wrong type of friction and limit the number of networks that we can actually leverage to our advantage. In fact, it can become a very limiting factor in the number of social communications channels that we participate in at any given time.
OVERHEAD EQUALS FRICTION
Consider this. If I use a single social channel to regularly interact with 5 people (assuming they don’t know each other), the level of “channel” overhead is relatively low. I learn how to use the channel and I communicate.
But if those 5 people are all on different communications channels, I have to learn – and keep up with – 5 different channels to keep up with them. That’s overhead – especially if each of those 5 different communications channels has their own social conventions, unique “media-rich” value or medium-based communications limitations.
At the end of the day, the more social communications channels that I utilize (and I’ll toss in email, SMS, my mobile phone and even that occasional hand-written letter – yes, I still write those), the fewer true intimate and personal relationships I can maintain. Overhead equates to unwanted friction.
FRICTION CAN BECOME MORE FRICTIONLESS
As social communications channels grow in number and user adoption (yes, I know, I’m avoiding using the phrase “social media” because this isn’t about “social media”), my ability to reach an ever-expanding number of diverse people increases. And I consider this a good thing.
“With reduced friction, I can reach out more fluidly
to a larger number of people“
But to make it a great thing, I must overcome the learning curve of a new communications channel and decrease its overhead. Less overhead means the channel becomes increasingly frictionless. With reduced friction, I can reach out more fluidly to a larger number of people. Reducing friction requires one of two things: a user experience that is fundamentally intuitive (with an equally compelling/intuitive use case) or time to figure out how a system works. I prefer the former, but usually settle for the latter. I’m willing to do that because the more I can make a communications channel frictionless, the more likely I am to use it to explore the worlds around me.
FRICTIONLESS COMMUNICATIONS OPENS NEW WORLDS
As I reach out to a larger number of people, the number of diverse perspectives I have access to is amazing. With each perspective comes a unique experience and story. And with each unique story comes a new world of ideas and concepts upon which I can build, and expand, my own world. Over time, my world begins to look a lot less like my world, and a lot more like a melding of those that I touch. In return, the worlds that I touch begin to look a bit like me.
Every world that I look into won’t necessarily fit my perspective, or the rules which define it. There are many that don’t. But for each world that doesn’t mesh, I still learn a bit, and there are an almost endless (well, 7B and counting) number of perspectives that I can look at. And many of those will mesh, or connect, in some way with mine.
“The less friction there is to a communications channel into these worlds,
the greater the exchange of ideas”
The melding of perspectives, experiences, stories and ideas from these worlds is mutually beneficial. The less friction there is to a communications channel into these worlds, the greater the exchange of ideas. In fact, some of my best conversations are not only frictionless within a communications channel, they transcend multiple channels in a single conversation.
It’s not uncommon for a conversation to start with a text message, move to a call on my mobile, shift to a video session (with a few other people tossed in for fun), then shift from a continuous form of communications to a discontinuous form (such as email) only to revive up again on yet another channel. I often respond to a text message with a Skype message, which is frequently responded to by a Direct Message on Twitter which leads to a shared post on Facebook.
THE VALUE OF FRICTIONLESS
Let’s shift our perspective here just a bit. Nothing today is truly frictionless. Friction and overhead still exist, and there is, in fact, value in a certain amount of friction as a filtering mechanism. But friction caused by overhead is usually a negative. Now, let’s apply that to you, your business, your professional life. Have you eliminated unnecessary friction in your communications? Do you even have a strategy to become as close to a frictionless state as possible? Some key steps to consider:
- Don’t be afraid to use a variety of social channels to meet new people or new customers. You can’t afford to ignore the chance to at least sample what new social channels have to offer.
- Not only seek out channels with inherently low friction (overhead), but take the time to learn about, and respect, new communications channels, and find ways to deal with their overhead/friction. If the overhead friction is too high, take a step back and move on. If the friction doesn’t decrease on its own, it probably won’t be a viable channel for others either.
- Open your world to others, in exchange for a view into their world. Remember to accept their ideas and needs as readily as you are willing to push your ideas and products to them – being frictionless in your sharing and communications is a two-way street.
- Be willing to take the conversation, be it collaboration, sales or customer support, from one social channel to another, as your mutual relationship grows, or your need to communicate changes, and
- Be willing to take the effort to move from relationships to friendships, from customers to trusted clients.
While we always need a bit of good friction in our lives, seeking to eliminate bad friction, and being as frictionless as possible – especially in our social communications – can be very rewarding.
Image “Peoples Special Motor Oil” by Steve Snodgrass, Licensed under Creative Commons
[Originally posted on 12Most.com] We live in a world where competition is part of the fabric of life. Survival of the fittest, and all that stuff. The business world is no different. Being about to not only know your competition, but to outsmart them, is just another aspect of the game.
Here are some relatively basic steps you can take to win the competition game. Are they a bit difficult to pull off? Some of them. But if you can get your hands around even a few, you’ll find yourself in a better competitive position:
1. Know yourself better than anybody else
If you really want to evaluate your competition, you have to first understand what YOU have to offer. This will help you define WHO your competition is. If you do this right — and look at your core competencies, you might find that your ultimate competition isn’t exactly who you think it is.
2. Execute your business first
Going back to point 1, if your business isn’t being executed to its fullest, you may like to think that you are competing against top-tier companies, but the reality is that you may be competing against the middle of the pack, and trying to best “the best” is simply never going to work.
3. Listen to their financial calls
You’d be amazed at the information that comes out of financial calls from public companies. And no, you don’t need to be a financial analyst to participate. Sure, you can read about their call the next day, but short of being in the room with them, listening can give you a sense of excitement or tension that you might not get in print.
4. Read voraciously
From public SEC filings to blogs to articles (and even support forums), the amount of information out there that can prove valuable is immense. How are they perceived? What are their customers openly complaining about? Where is YOUR opportunity?
5. Talk to their customers
If you are not talking to your competition’s customers, you might as well pretend you’re in a business that has no competition. Not only can you gain a good bit of information about your competition, but also about their sales cycles, new products that have been promised — even who their sales reps are (rep churn is very valuable information). Who knows, you may even land a customer yourself.
6. Follow their customers on social media
Customers say the most amazing things on social media. Sure, some of it may be slightly anonymous, or a bit questionable. But when you see a trend of #FAIL hashtags at the end of messages about a competitor’s new product, it’s probably worth looking into. And please, don’t just stop there. Some clever searching can reveal a great bit of information about former customers as well (and open up new prospects at the same time).
7. Talk to (or follow) their suppliers
By our very nature, we tend to look forward — to be customer focused. But what about the people supplying product to your competitors? Did they have a good quarter? Did they have a bad quarter? Could it be that their shipment levels (or margins) are tied to your competitor? Absolutely.
8. Follow their employees on social media
Gaining insight into customer sentiment is incredibly valuable. But gaining insight in employee sentiment is even better. When a social media user’s profile states “I work for XYZ Corp, but my posts are my own”, remember that is usually not the case. People talk, and they talk about work. How busy they are, how late they had to stay at work, how high/low their job satisfaction level is… get my point?
9. Visit Q&A sites
With sites like Focus.com, Quora.com, G+ (no, not the Google version) and LinkedIn Answers, it is becoming increasingly easy to find out what questions users are asking about your competitors products, and the type of responses they are getting to their questions. Are they asking about how to configure a product (perhaps a sign of poor technical support)? Are they asking for alternative products (displeasure with their existing product)? Or are they asking the best places to buy a competitor’s product (a sign of positive sentiment)?
10. Listen to their corporate or customer support social feeds
You’d be surprised how much information you can gather my monitoring a company’s “support” feed on Twitter or Facebook (and soon Google+). Sure, they try to move the customer support issues offline as quickly as possible, but there is still enough activity to gain some insight (and social media is fast becoming a way to quickly spot trends in advance of mainstream awareness).
11. Understand their/your market
In a world where change is now measured in days or months, not years or decades, keeping apace of emerging market trends is just as important as understanding your competition and their products/services. Learn to anticipate what changes will disrupt their (or potentially your) business and be aggressive/proactive. Don’t let them dictate your move, rather seek to influence theirs!
12. Buy one of their products
Unless you are talking about a product made from unobtainium (or a service), it is probably worth getting your hands on one of their products. Buy it used. Buy it damaged. Just get it, and figure out how it works and what it is really capable of performing. You’d be surprised how often that slick-looking data sheet doesn’t quite match up to the real deal. And even if the product is a year old, it can still yield some interesting insights into their design process. To be fair, I’m not advocating you break or even bend any laws or copy any intellectual property (be very careful here – designers should be locked in a different room!). But nothing beats actually having something in front of you to figure out how it works and how you can sell against it.
So there you have it — just a few ways that you can get a leg up on your competition. But remember, it all starts with items 1 and 2 — getting your house in order first.
Featured image courtesy of claudiaveja via Creative Commons.
I’m going to get right to the point. Platforms don’t define communities, communities define platforms. And when platforms try to define a community, they almost always alienate the community, which, in turn, finds another venue on which to communicate. Simple? Yes. But, unfortunately, most social media “platforms” have yet to grasp this concept.