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Current Trends in Professional and Social Networking

Hamburg.
Only two more sessions to go at next09... The next one brings together a number of the major professional networking sites, with Kevin Eyres from LinkedIn, Stefan Groß-Selbeck from its German competitor Xing, and Markus Berger-de León from German student networking site StudiVZ (which has also launched a post-studies site, MeinVZ, and a site for schoolkids, SchülerVZ).

Stefan begins by stating that social networking has been the key development in online media over the past few years. In Germany, Xing is a leader of this development, especially in the professional networking context; its business network is moving through the current financial crisis very in a very stable fashion. The current crisis is an opportunity - and the company is confidently planning for its future. Kevin adds that for LinkedIn as a global platform the main challenge is to service the global business community. And he agrees that the crisis has raised the awareness of networking as a crucial element of professional life. By contrast, Markus describes StudiVZ with its strongly German focus as the most truly local networking site of the three. So far, the sites has not yet experienced any impact from the financial crisis - members are as active as they have been previously.

Developments in Video Platforms

Hamburg.
The next next09 panel is with Jeremy Allaire from Brightcove and Axel Schmiegelow from Sevenload - online video hosting companies in the US and Germany. Brightcove licences its video platform to a variety of partners; it now operates online video for some hundreds of media companies. Increasingly, this is used for syndicating and distributing content through a variety of social media Websites. Sevenload, by contrast, brings together communities and the content they are interested in, significantly also including user-generated content. They monetise for the content providers by running advertising on the site. (And the two companies have just entered a commercial partnership.)

Brand Management and Social Media

Hamburg.
We continue at next09 with a panel expanding on the question of brand-consumer relations in the social media age. Chris Heuer from the Social Media Club promotes a holistic, whole-of-business approach here - it's about more than marketing. Great products aren't sold, he says - they're bought; this has been the case for the iPhone, for example. The brand needs to convene the conversation around their products, and act like the host of the party - this means returning to basics, and letting go of the illusion of control.

Google, Facebook, and the Future of Online Business Models

Hamburg.
Unfortunately I had to miss the talk following mine at next09, by my host at the Hans-Bredow-Institut, Jan Schmidt - I had to do a couple of interviews with German media. So, I'm now in the post-lunch 'fireside chat' session with Jeff Jarvis and Umair Haque. We begin with a discussion of business models in a Googlified economy, and Jeff says that sharing your intellectual property always comes first here. In the end, you don't charge as much as the market can bear, but as little as you can bear.

Produsage and Business

Hamburg.
OK, I'm next at next09, speaking on produsage and business. Here's the presentation - audio to come as soon as I get a chance is already online, too...

Update: a video of my presentation is now also available through conference partner Sevenload.

The Human Network of Social Media

Hamburg.
We're now starting the second and last day of the next09 conference here in Hamburg - and we begin with a speech by Brian Solis from Futureworks. His theme is what he calls 'the human network': the social and cultural networking which is enabled and supported by social media technologies (but is so much more than just the technology itself). For Brian, the share economy (which gives this conference its title) is the social economy - an economy in which conversations represent social currency, in which we earn social capital and influence rather than simply monetary value.

Fundamental Principles of Capitalism 2.0

Hamburg.
The next keynote speaker at next09 is Umair Haque from Havas Media Lab, who continues the theme by exploring what 'capitalism 2.0' might look like - his suggestion is that we're moving towards a new form of 'constructive capitalism', and that we need a capitalism where the costs of creative destruction are minimised, and the benefits maximised.

Today, the global growth in GDP has slowed drastically; there is a kind of 'zombieconomy' of old companies with obsolete business models which no longer manages to create value, but used to be core drivers of GDP. What this means is that corporate strategy as we know it is obsolete; instead, interaction between people is exploding, and this sits immediately at odds with the 'market are there to be dominated' approach of conventional industry.

The Great Restructure of Everything at next09

Hamburg.
I've arrived in beautiful Hamburg, where I'll spend the next six weeks as a fellow of the Alcatel-Lucent Foundation for Communications Research and a visiting scholar at the Hans-Bredow-Institut for Media Research. The major event of these first few days here, though, is the next09 conference - a major conference for the German and European media industry which has drawn some 1300 delegates and operates this year under the title "Share Economy". I'm speaking tomorrow, on "Produsage and Business" (presenting some of the outcomes from my work in the Smart Services CRC). Should be fun, and it's held in a brilliant venue, the converted factory space Kampnagel (which reminds be a little of Toronto's Koolhaus). Videos from all of the presentations will be online soon, too!

Produsage and Business: Sharing Your Brand with Users (next09)

Produsage and Business: Sharing Your Brand with Users

Axel Bruns

  • 6 May 2009 - next09, Hamburg

Relations between brands and their users continue to be affected by a traditional perspective that sees the producers and consumers of goods and services as inherently different animals. In the emerging information and knowledge economy, and especially in online contexts, this model is no longer sustainable. Instead, spearheaded by the Web 2.0 phenomenon, there is a trend towards the fusing of production and usage as a new, hybrid process of produsage.

Creating New Forms of Cultural Participation

Frankfurt.
The final speaker here at the Prosumer Revisited conference is Gerhard Panzer, whose interest is in the consumption of cultural goods. Such cultural consumption can be defined as the purchase and/or use of cultural works and services; these are objects that have specific embedded meanings, whose quality is realised through the process of reception. Their value is determined through attention and recognition; consumers of such objects are therefore co-producers of (the value of) cultural works.

Cultural producers, in turn, are also consumers of other cultural producers' works, and are influenced by their wider environment (competitors, financiers, publishers, audiences, etc.). This influence may have taken place against the wishes of cultural producers (where patrons or publishers altered works) or may have been specifically sought out by cultural producers (for example through live performance). Indeed, markets for cultural products are themselves also complex networks of institutions.

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