Why Coca-cola and Honda succeeded on Facebook while P&G slipped

By , May 30, 2009 1:00 am

Ted McConnell, Procter & Gamble’s head of marketing, has been famous with his exclamation “What in heaven’s name made you think you could monetise the real estate in which somebody is breaking up with their girlfriend?”

Meanwhile, Coca-cola enjoys massive fan base on Facebook, and Honda was reported pleased with its campaign.

Why?

Was it because Coke is the #1 brand in the world? I don’t think so, because P&G is also one of the top brands. The difference in brand awareness between Coke and P&G products should not account for the large gap between the two pages on Facebook.

Was it because a Honda product was more expensive than a P&G product? I don’t think so. A can of Coke and a bottle of shampoo would differ much.

So what accounts for the difference?

Because it came down to the core value of Facebook: relationships first, and ego second.

Relationship pressure

People go on Facebook to gain benefits from relationships, and respectively reinforce their connections.

A can Coke is not simply a piece of beverage. The can of Coke is enjoyed by people when they hang out with friends, have lunch at McDonald’s. What are these activities but reinforcing relationships.

There is a direct, strong connection their in their behavior.

Meanwhile, a bottle of shampoo might be a little private. People have no need to show off their brands of their convenient goods because, sad but true, it doesn’t make them feel ‘cool’ or accepted.

People show off things to impress their peers on Facebook, that’s why they do with Coke, more than with convenient goods.

(Mild) Ego

A Honda feeds a consumer’s ego. Mostly everywhere, a vehicle is only less important than an apartment in people’s purchasing decision. It is common knowledge that people don’t only buy a car/motorbike, they buy the brand and the culture associated with it. They want something that makes them ‘cool’. A Honda does.

Again, a P&G product, while makes people good, clean, safe, and healthy, has little say in a consumer’s inter-personal interactions.

Sadly, it all comes to the game of perception.

How does it relate to Facebook? Well, as a person shows off his Honda, he feels that his ego is fed. This does not normally occur with showing off something in his private spaces.

Conclusion

There’s nothing and no-one to blame here. And I am proud to say I’m a big fan of P&G. But, as a matter of fact, every real estate has its own norms.

I would still love P&G’s conventional messages, so please don’t let one campaign hinders any further campaign. You’re cool no matter what, in very different spaces.

Yahoo! 360 officially dead & the impact

By , May 29, 2009 11:58 am

Yahoo! 360 is officially announced to be closed on 13 July 2009.

The impact this movement has:

Users

4 million users worldwide and 2 million Vietnamese users lose what they call “home-base”.

Vietnamese bloggers had long equate “blog = Yahoo! 360“. The closure will change that perception.

Where are they moving to

I have noted down my prediction on Kevin’s blog here.

I have personally moved most of my social graph to Facebook.

Yahoo!

Competitors

The global forces: Facebook is climbing Alexa Vietnam rapidly.

Local competitors: good news?

Ecosystems

There are two ecosystems in Vietnam on Yahoo! 360: 360themes and LinkHay feed. They will be heavily affected.

How about you? What impact will the closure have on you?

Google Strategic Opportunities in Vietnam, and their observable strategic moves

By , May 25, 2009 7:45 pm


Content-centric social networking: attitude & product positioning

By , May 25, 2009 7:38 pm

Content-centric social network attitude product

How Baomoi can make (more) money

By , May 13, 2009 2:42 pm

How Baomoi can make (more) money apart from offering brand-monitoring services.

  • Get online newspaper firms to outsource to Baomoi for features that Baomoi is strong at
  • Offer new, innovative, customized features to newspapers
  • Provide online-news-specific analytics
  • Create ecosystems around newspapers
  • Move Expand to media, collaborate with other organizations to host news-related events

Each item has its own pros & cons, opportunities & risks.

This list is simply my own fresh thoughts, and I haven’t evaluated them against Baomoi’s strategies, current capabilities and the industry’s growth. Feedbacks are welcome.

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