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Category: Insight

Facebook’s latest response to Google+

First thing I thought of when Google+ launched a few months ago was that they were making a big promotional mistake by making their USP (unique selling proposition) the fact that they allow users to create “circles”.

Why did I think it was a mistake?

One of the key things I remember that my strategic management prof would drill into our heads back in business school was to always differentiate between a “competitive advantage” and a “sustainable competitive advantage”. In Google’s case, the circle feature was clearly the former. In other words, a competitive advantage with a short lifespan; something that competitors could easily replicate.

How will we know if we have achieved success with social media?

I was recently asked the question “how will we know if we have achieved success in our social media engagement?” (i.e the age old ROI issue)  by a someone from my client’s senior management team. The only problem was that it was a closing rhetorical question for which they did not actually want to hear a response at that particular moment.