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Customer engagement strategies that heed power of social media

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The power of social media to alter customer engagement strategies — for a product rollout, an executive hire, a policy change — is impressive.

Case in point: Legendary Entertainment did not anticipate the kind of response it would get when it released its trailer for The Great Wall. The decision to cast Matt Damon as the hero in a film centered around the iconic Chinese landmark drew immediate criticism on Twitter and Facebook as another example of a white savior narrative and of whitewashing.

“The whole storyline was meant to be about someone coming into a new culture and learning and growing in that culture,” Matt Marolda, chief analytics officer at Legendary, said at the recent HUBweek, an arts, science and innovation festival in Boston. “But the perception was not that.”

Social media platforms and the swift judgment of the internet are forcing companies to engage in ways they’ve never had to before. And executives from Legendary and Microsoft are sharing their experiences with the new tools for — and rules for — customer engagement.

New tools of engagement

On paper, The Great Wall made sense, according to Marolda. It was 2016, and the U.S. and China were the two biggest movie markets in the world; the East-meets-West film reflected Legendary’s sale to Wanda Group, a massive entertainment company in China. And, based on an analysis Marolda and his applied analytics team did, Damon had an active following and a reputation for taking on high-quality projects.

But what looked good on paper did not translate well to audiences — especially those in the U.S. Marolda said the company reacted to the criticism quickly. For example, the company released a statement from Zhang Yimou, the film’s director whom Marolda characterized as “the Steven Spielberg of China,” defending the casting decision.

After that, the team stood still and observed. “We had time on our side,” said Marolda, adding that the film wasn’t scheduled to be released for nine months. “We could see analytically that the best thing to do was nothing.”

The public ire did cool, but the film couldn’t completely escape the negative press it had received, according to Marolda. The company ultimately decided to shift its marketing strategy. “We then realized that emphasizing the movie’s possibilities outside of the U.S. was as important as emphasizing the movie’s possibilities inside the U.S.,” he said.

The decision appears to have been a good one. While the film bombed in the U.S., it was moderately successful worldwide, and has helped spark a larger conversation about how to make blockbuster films for a global market.

Executives onstage at HUBweek.
Matt Marolda, chief analytics officer at Legendary Entertainment, and Kathleen Kennedy, director of special projects at the MIT Sloan School of Management, onstage at HUBweek.

Customer engagement strategies: Ask three questions

How do companies develop customer engagement strategies that acknowledge the power of social media? A reactive approach — no matter how swift the response or how successful in the short term — doesn’t cut it.   

Brad Smith, president and chief legal officer at Microsoft, talked about the role companies should play in the public discourse and stressed that companies need a moral compass today.

“You have to know the issues for which you’re going to take a stand. And you have to be grounded in a certain set of principles,” he said during a fireside chat at HUBweek with Adi Ignatius, the editor in chief of the Harvard Business Review.

Before weighing in on a controversial issue, Smith suggested that companies ask three questions. First, is the issue important to the business? Smith described this question as “an easy space,” and can include tax law or intellectual property law — topics companies have always weighed in on.

Second, is the issue important to its customers? As data has moved to the cloud, companies have entered into a new kind of relationship with their customers, according to Smith. He said it’s vital that they think about the security and protection and actively take a stand on issues like surveillance and privacy.

Third, is the issue important to employees? The company believes a safe work environment doesn’t automatically equate to employee success. Employees could be hindered by issues outside of the office such as an inability to buy the home they want to buy, get the kind of healthcare coverage they need, or marry the person they want to marry, according to Smith.

So when a bill in North Carolina looked like it would restrict LGBT rights, Smith said it “was not a difficult decision” for Microsoft to voice its opposition. The company has a pretty significant presence in Charlotte, employing about 1,000 people there, and Smith said the issue was “important for our employees outside of the workplace.”

In an effort to be as effective as possible and preserve its relationship with the community, Microsoft will often seek out a local business community — a trusted organization that uses its voice to speak up on issues such as these — to partner with. “I prefer a course that’s going to maximize our chances of being effective and not just maximize our chances of being seen,” he said.

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Source: https://searchcio.techtarget.com/news/252451024/Customer-engagement-strategies-that-heed-power-of-social-media

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Apply to join Transform’s annual Tech Showcase

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Join Transform 2021 this July 12-16. Register for the AI event of the year.


VentureBeat’s annual Tech Showcase returns at Transform 2021: Accelerating Enterprise Transformation with AI and Data, hosted July 12-16.

VentureBeat will be selecting 5 companies to present the latest and greatest AI and data products on the main stage during the first day of Transform 2021.

We are looking for companies that have built the coolest products and solutions leveraging bleeding edge technologies to help businesses achieve real and tangible results using AI and data. Whether you are a stealth startup or Fortune 500, or anywhere in between, we welcome your submission.

If you have a story to tell, and an AI or Data product/solution with tangible business results and demonstrative use cases, please submit your application here before 5pm PST on Tuesday, June 1.

Selected companies will present on Transform’s main stage in front of hundreds of industry decision makers and will be featured in our on-demand video-hub following the event.

Attendees from across the globe will join online to hear from top industry experts on strategy and technology in the main application areas of AI/ML automation technology, data, analytics, intelligent automation, conversational AI, intelligent AI assistants, AI at the edge, IoT, & computer vision. Executives across industries are invited to join Transform 2021, so register today to join VentureBeat for 5-days of AI and data.

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Source: https://venturebeat.com/2021/05/12/apply-to-join-transforms-annual-tech-showcase/

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Italy’s regulator asks TikTok for further action on users aged under 13

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MILAN (Reuters) – Italy’s data protection regulator said on Wednesday it had asked video-sharing app TikTok to strengthen measures to prevent young users from accessing the platform after the group has already removed more than 500,000 users under the age of 13 in almost three months.

Early in February TikTok, owned by Chinese company ByteDance, agreed with Italian authorities to block all users who gave their age as under 13, among other measures, after the death of a 10-year-old girl was blamed on a breath-holding social media challenge.

“The measures adopted have brought significant, but not yet sufficient, results,” the regulator said in a statement.

The watchdog requested TikTok to cancel any accounts linked to under-13 users within 48 hours, make access by young users harder and launch communications initiatives explaining that the platform is not indicated for children under the age of 13.

It also asked the app to find solutions, including ones using artificial intelligence, that would minimise the risk of having youths under 13 entering and using TikTok’s platform.

Since February then TikTok has asked more than 12.5 million users in Italy to confirm their age, the authority said, without explaining.

(Reporting by Elvira Pollina, writing by Cristina Carlevaro, editing by Giulia Segreti and David Evans)

Image Credit: Reuters

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Source: https://datafloq.com/read/italys-regulator-asks-tiktok-action-users-aged-13/14611

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Musk tweets Tesla self-driving rollout could take a couple of months; stock falls

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(Removes quotation marks in fist paragraph)

By Hyunjoo Jin and Eva Mathews

(Reuters) – Tesla Inc’s top boss Elon Musk said Tesla is tweaking its self-driving software to eliminate a phantom braking problem and may release a significantly improved version within the next two to three weeks.

Tesla shares fell 2.7% to $600.42 in morning trade, headed for a third straight decline. U.S. federal and state regulators have been scrutinizing Tesla’s semi-automated driving system following accidents in Texas and other areas.

“I think we’re maybe a month or two away from wide beta. But these things are hard to predict accurately,” Musk said in a Tweet.

In April, Musk said he would be “surprised” if wide beta service was available later than June, calling a May launch “aspirational.”

In October, Tesla rolled out a pilot program of its long-touted beta full self driving (FSD) technology to a limited number of employees and customers, but has delayed the wider launch.

“We had to focus on removing radar & confirming safety,” Musk said, referring to its plan to rely on cameras for its system.

When asked by a Twitter user whether its vision-only system would remove the “phantom braking” issue, in which a Tesla car sometimes applies a brake abruptly under an overpass or a bridge, he said, “yes.”

In March, Tesla told California regulators that it may not achieve full self-driving technology by the end of this year. It said it is currently offering a driver assistant, level-2 technology that requires driver supervision.

Subscriptions to the software for the system would be offered within a month, Musk said, without elaborating further.

(This story is refiled to remove quotation marks in first paragraph)

(Reporting by Hyunjoo Jin in Berkeley, California and Eva Mathews in Bengaluru; Editing by Bernard Orr and David Gregorio)

Image Credit: Reuters

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Source: https://datafloq.com/read/musk-tweets-tesla-self-driving-rollout-could-take-couple-months-stock-falls/14610

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Bill to ban TikTok on U.S. government devices passes committee

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WASHINGTON (Reuters) – The Senate Homeland Security and Governmental Affairs Committee unanimously passed a bill that would ban U.S. federal workers from downloading the popular app TikTok onto U.S. government devices, Senator Josh Hawley, a bill sponsor, said in a press statement on Wednesday.

The U.S. Senate unanimously approved a similar measure in August 2020. Representative Ken Buck has introduced a similar bill in the House.

The app, which is popular with teens eager to show off dance moves, has come under fire in the United States because of concerns over its Chinese owner, ByteDance. TikTok has sought to distance itself from Beijing with mixed success.

Hawley called the company “an immediate security threat.”

“This should not be a partisan issue and I’m glad to see my colleagues in the Senate act together to address Beijing’s covert data collection campaign,” Hawley said in a statement after the vote.

(Reporting by Diane Bartz; Editing by Alexandra Hudson)

Image Credit: Reuters

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Source: https://datafloq.com/read/bill-ban-tiktok-us-government-devices-passes-committee/14609

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