social networks

The days of randomly adding people to your artist or business social network needs to come to an end. When social networks were new it was the way people thought they could market their artist/band or business. It was effective at first but now that the newness has worn off so has the impact. It has become more of an irritation than a benefit to most.

• Microsoft's Xbox will sell Warner Music Group vidoes for $1.99 apiece. Sony BMG already sells videos via Xbox for the same price. (AP)

• The European Commission has set a deadline of September 15 for its inquiry into Sony Corp.'s proposed acquisition of Bertelsmann AG.'s 50 percent stake in Sony BMG. (Thomson Financial)

I’ve been doing some research for a presentation I’m creating about Social Networks for the American Marketing Association in September.

We were recently meeting with one of the top executives of a Fortune 500 company and discussing the power and dynamics of social networks.
The issue being discussed was whether creating a “social network for customer feedback” was a good or bad thing for the organization. One of the executives commented [...]

And they don’t fade away either:

Hillary  Rodham Clinton folded her campaign’s tent last month, shedding spokespeople, fundraisers, lawyers, and advance men and women by the dozen.

IBM, Toyota, even Wells-Fargo Bank, have invested serious money in social technologies and are using blogs to engage customers, people; and many corporations are building their own social networks to serve employees and to create commerce amongst customers.
One of the key challenges for businesses is how they integrate these new technologies within their enterprises and [...]

Have your friends on Twitter helped you out of a jam recently? Mine have and I love them for it.