Public Relations & Social Marketing Insight
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Public Relations & Social Marketing Insight
Social marketing, PR insight & thought leadership - from The PR Coach
Curated by Jeff Domansky
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Lithium Reveals Its $200 Million Plan for Klout

Lithium Reveals Its $200 Million Plan for Klout | Public Relations & Social Marketing Insight | Scoop.it

Lithium announced Klout would be playing a major role in the "new Lithium," and debuted two new offerings: Klout Products and Klout Pop-Up Communities.


Klout Products will incorporate Klout scores into the online-shopping process. Individual products will be assigned a Klout score based on ratings, reviews and what people are saying on social media. People who write product reviews will also have their individual Klout score displayed, along with their review, so other users can judge how reliable their review is.In the case of reviews, individuals' Klout scores vary according to topics, so a user's score will change based on their reputation for reviewing certain topics....

Jeff Domansky's insight:

Brand Klout anyone? Stay tuned for marketing innovations.

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Klout for Business Is Only First Step to a Serious Marketing Platform

Klout for Business Is Only First Step to a Serious Marketing Platform | Public Relations & Social Marketing Insight | Scoop.it
Social marketing can be wasteful. Depending on how often someone checks their Facebook News Feed or Twitter stream, they might rarely see a brand's message unless it was paid to be put front and center. Facebook analytics firm PageLever (recently acquired by social marketing company Unified) said last fall that most Facebook page posts fade off into the ether three to five hours after getting published. But the promise of social isn't one-to-many broadcast-style publishing; it’s creating a ripple effect. Get something in front of the right people and they’ll push it onward and outward. Not only does that serve as a sort of audience-quality filter, but a side benefit for brands is that it can be as inexpensive as it is efficient. Washington Post-owned social agency SocialCode rolled out an influencer targeting tool last year with exactly that intent, and now the most high-profile arbiter of social influence, Klout, has unveiled an analytics dashboard to help brands pinpoint their influencers. "This is really the first step—but a meaningful step—towards a set of tools that will enable brands to more effectively understand and engage with their influencers," said Klout CEO Joe Fernandez. He maintained that Klout remains a consumer company, but Klout for Business definitely levels up the brand side of the business with the potential to become an enterprise-level marketing platform. At launch, Klout for Business aims to tell businesses who the influencers are among their Twitter followers and Facebook fans, including age groups, gender, location and of course what topics they're influential on. Fernandez said Klout rewrote its topic analysis system to give companies a dynamic look at those influencers’ interests. "Imagine Pepsi wanting to know who in their audience is influential about snowboarding and invite those people to a Pepsi competition at Aspen," he said....
Jeff Domansky's comment, March 21, 2013 1:34 PM
Thanks Marty. I like this direction for greater relevance of Klout.