Marketers could learn a thing or two from ecologists on the maintenance of ecosystems. We live in a world of always on brand communications across multiple platforms and communities that require the same care and attention as the Amazon’s most delicate wildflower. Over the course of time, new parts of a brand’s ecosystem must be created, grown and nurtured, whilst being careful to think how these new presences will impact the rest of the system.
Like any good ecologist, marketers know that overinvestment and focus on just one organism or resource can leave the rest of the ecosystem malnourished. However, when looking to develop beyond their status quo, new platforms and opportunities are often discarded as a distraction or a gamble compared to the reliability of their main channel. But it may be a bigger gamble for marketers to not care for, or develop, the rest of their ecosystem. What happens when that once fruitful resource dries up?
Organisations are continually encouraged by Facebook to first invest to build an audience and then spend again to actually reach them (thanks to Facebook’s ‘clever’ Edgerank algorithm). They get an immediate positive return, their fan numbers shoot up and the reach of each post is in the millions. But then, as they grow, they have to spend more to reach the same audience. And then Facebook tweak the algorithm and it becomes harder to reach their original audience, so they spend a bit more. Then their original audience gets bored with all the branded content on Facebook and starts spending more time on other platforms. By this time, the brand has invested so much time and money into this one platform, it would be a waste to stop now. Wouldn’t it?
Facebook’s Chief Financial Officer David Ebersman recently admitted that “We did see a decrease in daily users, partly among younger teens”. Immediately after this, they had £11.2b wiped off their share price. Everyone remembers the infamous collapse of previous all-dominating social networks and although Facebook is now so big and so ingrained it is unlikely to ever end up as dried up as MySpace or FriendsReunited, marketers mustn’t take this news lightly. This should be the warning bell for brands to start tracking the changes in their consumers online behaviours and deciding how their brand ecosystems should change accordingly.
Brands should be looking to diversify and experiment across new platforms as their online audiences develop. Snapchat didn’t exist 18 months ago and now more photos are shared every day than on Facebook and Instagram combined. This should be the time when brand’s ecosystems are reappraised every month, not every year. As audiences develop new behaviours – like teens are with mobile messaging apps – brands should be figuring out how they can connect with, and add value to, audiences on those platforms.
This requires brands to build and develop their ecosystem, which takes planning and continued management, not just to ensure the brand is covered at a basic social hygiene level, but to ensure the brand is gaining value from all of their activities. This need is why social media teams have developed from a sole community manager just managing a page to a team of analysts, strategists, creatives and now editors ensuring a consistent brand presence, narrative and experience across the ecosystem.
Ecologist Norman Christensen defined Ecosystem Management as “management driven by explicit goals, executed by policies, protocols, and practices, and made adaptable by monitoring and research based on our best understanding of the ecological interactions and processes necessary to sustain ecosystem structure and function” – which sounds pretty familiar, doesn’t it?
Things to consider to help manage your ecosystem:
1. Track your audience – Pay close attention to where your audience is moving online and decide where to follow them
2. Experiment before investing – the best brands act like users on social platforms, so follow their lead by cheaply creating content to see what your audience likes in different platforms
3. Don’t put all your eggs in one basket – As with any B2B service, it can be dangerous to solely rely on one platform – build your ecosystem across multiple platforms
4. Look to build retained data – ensure you’re building for the future and collating valuable consumer data to add value to future opportunities