Marketing in the semantic web

What should be the role of marketing in the semantic web?

Should there be any? According to the W3C, the semantic web is about common data formats that make it easy to integrate and combine data from diverse sources. It's about mapping ideas expressed in human language to data in a way that facilitates automatic processing, where software can programmatically comprehend how different pieces of data are related. It's a web behind the web of animated banner ads and branded UI designs.

Cool stuff, but it sounds very IT-ish, not very marketing-esque.

But consider this circular, three-step riddle:

• if the semantic web is successful, it will unleash an enormous wave of information exchange between organizations and individuals, empowering a new level of findability and knowledge sharing;
• for the semantic web to be successful, organizations must assign responsibility for their participation in it to someone who will lead and manage it — otherwise the semantic web devolves into semantic soup;
• for someone to take responsibility, there's going to have to be incentive; in the commercial world, incentive translates most directly into generating more business — which is inherently a function of some form of findability and compelling knowledge sharing.

Hint: for generating new business in the non-semantic web, findability = ads, PR, word of mouth, SEO, etc.; knowledge sharing = feature sheets, pricing, case studies, white papers, etc. Whose domain is that?

The answer to the riddle: marketing. If the semantic web could be harnessed to generate more business — essentially be a new channel to the market — then the marketing department can and should step up to lead its adoption in the enterprise. Arguably, this will be necessary for the semantic web to reach its full potential.

But marketing in the semantic web clearly won't be like marketing in the visual web. Advertising and branding won't exist in the form we know today. Sure, marketing will continue on its current trajectory in the visual web — accelerated by semantic technology in certain areas such as search engine marketing. But what will it mean to market one's organization at the semantic layer?

Here are my preliminary ideas of 7 missions for semantic marketing, marketing in the semantic web:

(1) Marketing becomes the champion of the underlying data — good, accurate, detailed content and the processes by which to keep it up to date. This isn't just old-school "marketing" data, i.e., the stuff of brochures and the visual corporate web site, but rich, detailed information that historically been trapped much deeper in the organization — information that can create value for the firm by its wide dissemination (or, as we'll discuss shortly, that can create value through bargaining with others).

Part of this job is uncovering existing data. But perhaps the more important part is advocating for new data feeds, re-engineering the organization to generate semantic web content as a competitive advantage.

(2) Categorization of all that data, framing with the right metadata, supporting the relevant microformats, and deciding how to best componentize it at different scales — atoms, molecules, living cells — to maximize findability and mashability. This will include proactive work with partners, customers, and industry groups to coalesce standards for domain-specific metadata.

This constitutes a new kind of market positioning and placement via the semantic web, semantic branding if you will. Accordingly, you can almost imagine a key role of chief ontologist in the marketing department. Okay, maybe director of semantic branding sounds better. (A more literal meaning to the old hype line, "Our company is redefining the market.")

(3) Distribution and promotion of your data through formal and informal networks of all kinds, analogous to what search engine optimization (SEO) is today — semantic web optimization (SWO)? — to extend your reach as far as possible. This will be SEO+ and then some. Marketing will want to sponsor or create new semantic networks (and subnetworks within existing networks) that cater to specific audiences, drawing from the same techniques that are emerging in social media marketing. This also contributes to semantic branding — "where" your company is in semantic cyberspace.

Perhaps this will lead to a new type of semantic advertising? People paying to have their semantic data distributed through certain networks, tagged with certain metadata under the authority of the network owner. I believe there are vast entrepreneurial opportunities for vertical market networks here.

(4) Structuring incentives to convert semantic web interactions into real business objectives. This may be the greatest business model challenge in semantic web marketing, since there's an inherent tension between openness and incentives. Information asymmetry shouldn't go away, but it should be managed more consciously — achieving the right balance becomes part of a firm's marketing strategy. (Vaguely comparable to the dynamics of open source software businesses?)

If your contributions to the semantic web have value to your prospects, customers, partners, vendors, etc., then you can bargain to receive things you want in return: leads, promotion, feedback, reciprocal access to their extended semantic web data, etc. Access control here doesn't have to be all or nothing either. Data can be more or less detailed, can be more summarized or more atomic, can have varying levels of metadata, can be delayed or more real-time, and so on. These choices can be made on a very context-specific basis: which data for which audiences under which circumstances.

(5) Tracking and attributing distributed data in the semantic web, measuring the impact of the different content elements that contribute to customer and partner relationships. This is probably the toughest technical challenge, as we go from complex multi-touch marketing to ultra-complex micro-touch marketing. The very nature of the semantic web encourages wide reusability of data, largely culled by software behind the scenes — or as I like to call it, mashing and caching — which runs counter to the architecture of many of the current web analytics systems. (Web 3.0 analytics make the troubles of Web 2.0 analytics look like a cakewalk.)

The good news, however, is that we should be able to harness the semantic web to help solve this problem. Metadata structures that identify a "chain of contribution" with ping-back type mechanisms. Or something akin to friend-of-a-friend (FOAF) for businesses and their more atomic components.

Read More:             ChiefMartec

Posted by:              Andreea Hirica
Posted on:              Contagious Ideas

What should be the role of marketing in the semantic web?

Should there be any? According to the W3C, the semantic web is about common data formats that make it easy to integrate and combine data from diverse sources. It's about mapping ideas expressed in human language to data in a way that facilitates automatic processing, where software can programmatically comprehend how different pieces of data are related. It's a web behind the web of animated banner ads and branded UI designs.

Cool stuff, but it sounds very IT-ish, not very marketing-esque.

But consider this circular, three-step riddle:

• if the semantic web is successful, it will unleash an enormous wave of information exchange between organizations and individuals, empowering a new level of findability and knowledge sharing;
• for the semantic web to be successful, organizations must assign responsibility for their participation in it to someone who will lead and manage it — otherwise the semantic web devolves into semantic soup;
• for someone to take responsibility, there's going to have to be incentive; in the commercial world, incentive translates most directly into generating more business — which is inherently a function of some form of findability and compelling knowledge sharing.

Hint: for generating new business in the non-semantic web, findability = ads, PR, word of mouth, SEO, etc.; knowledge sharing = feature sheets, pricing, case studies, white papers, etc. Whose domain is that?

The answer to the riddle: marketing. If the semantic web could be harnessed to generate more business — essentially be a new channel to the market — then the marketing department can and should step up to lead its adoption in the enterprise. Arguably, this will be necessary for the semantic web to reach its full potential.

But marketing in the semantic web clearly won't be like marketing in the visual web. Advertising and branding won't exist in the form we know today. Sure, marketing will continue on its current trajectory in the visual web — accelerated by semantic technology in certain areas such as search engine marketing. But what will it mean to market one's organization at the semantic layer?

Here are my preliminary ideas of 7 missions for semantic marketing, marketing in the semantic web:

(1) Marketing becomes the champion of the underlying data — good, accurate, detailed content and the processes by which to keep it up to date. This isn't just old-school "marketing" data, i.e., the stuff of brochures and the visual corporate web site, but rich, detailed information that historically been trapped much deeper in the organization — information that can create value for the firm by its wide dissemination (or, as we'll discuss shortly, that can create value through bargaining with others).

Part of this job is uncovering existing data. But perhaps the more important part is advocating for new data feeds, re-engineering the organization to generate semantic web content as a competitive advantage.

(2) Categorization of all that data, framing with the right metadata, supporting the relevant microformats, and deciding how to best componentize it at different scales — atoms, molecules, living cells — to maximize findability and mashability. This will include proactive work with partners, customers, and industry groups to coalesce standards for domain-specific metadata.

This constitutes a new kind of market positioning and placement via the semantic web, semantic branding if you will. Accordingly, you can almost imagine a key role of chief ontologist in the marketing department. Okay, maybe director of semantic branding sounds better. (A more literal meaning to the old hype line, "Our company is redefining the market.")

(3) Distribution and promotion of your data through formal and informal networks of all kinds, analogous to what search engine optimization (SEO) is today — semantic web optimization (SWO)? — to extend your reach as far as possible. This will be SEO+ and then some. Marketing will want to sponsor or create new semantic networks (and subnetworks within existing networks) that cater to specific audiences, drawing from the same techniques that are emerging in social media marketing. This also contributes to semantic branding — "where" your company is in semantic cyberspace.

Perhaps this will lead to a new type of semantic advertising? People paying to have their semantic data distributed through certain networks, tagged with certain metadata under the authority of the network owner. I believe there are vast entrepreneurial opportunities for vertical market networks here.

(4) Structuring incentives to convert semantic web interactions into real business objectives. This may be the greatest business model challenge in semantic web marketing, since there's an inherent tension between openness and incentives. Information asymmetry shouldn't go away, but it should be managed more consciously — achieving the right balance becomes part of a firm's marketing strategy. (Vaguely comparable to the dynamics of open source software businesses?)

If your contributions to the semantic web have value to your prospects, customers, partners, vendors, etc., then you can bargain to receive things you want in return: leads, promotion, feedback, reciprocal access to their extended semantic web data, etc. Access control here doesn't have to be all or nothing either. Data can be more or less detailed, can be more summarized or more atomic, can have varying levels of metadata, can be delayed or more real-time, and so on. These choices can be made on a very context-specific basis: which data for which audiences under which circumstances.

(5) Tracking and attributing distributed data in the semantic web, measuring the impact of the different content elements that contribute to customer and partner relationships. This is probably the toughest technical challenge, as we go from complex multi-touch marketing to ultra-complex micro-touch marketing. The very nature of the semantic web encourages wide reusability of data, largely culled by software behind the scenes — or as I like to call it, mashing and caching — which runs counter to the architecture of many of the current web analytics systems. (Web 3.0 analytics make the troubles of Web 2.0 analytics look like a cakewalk.)

The good news, however, is that we should be able to harness the semantic web to help solve this problem. Metadata structures that identify a "chain of contribution" with ping-back type mechanisms. Or something akin to friend-of-a-friend (FOAF) for businesses and their more atomic components.

Read More:             ChiefMartec

Posted by:              Andreea Hirica
Posted on:              Contagious Ideas