11 September 2012

Timing Hype the Cycle of Social Media

"In 1995, Gartner introduced its renowned hype cycle to show different stages of introduction of new technologies. Gartner's hype cycle provides a research-backed antidote to what is often a searing level of hype surrounding many new technology and media products. The value for marketers is even clearer: The hype cycles serve as an objective guidebook for measuring the success (and inevitable downfall) of new-product launches," notes Advertising Age. "One market that has yet to receive the hype cycle treatment is social media. What might that hype cycle look like if it examined one of the fastest growing marketing sectors in history? It's time to examine what I call the "Social Media Hype Cycle." Doing so will help brands and marketers better understand the seesaw pattern of how social networks and platforms rise and fall in popularity and usage and how that affects companies' advertising spend and online engagement strategies." Read more.

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