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May 4, 2012
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Network Update 
 
  • IPO share-price range means up to $96B valuation for Facebook
    Facebook's share-price range for its pending initial public offering could mean a market value of as much as $96 billion, which would mark a record for a U.S. company's debut and put the social network in the same league as Amazon and McDonald's. Separately, Facebook executives sought to allay concerns before the IPO over the company's plans for monetizing mobile. The Wall Street Journal (5/3), Reuters (5/3) LinkedInFacebookTwitterGoogle+Email this Story
  • The strange afterlife of Friendster
    Friendster isn't dead -- at least, not in Malaysia. The social network has been retooled as a gaming hub, and has more than 400,000 users in Southeast Asia. Financial Times (tiered subscription model) (5/3) LinkedInFacebookTwitterGoogle+Email this Story
Download our free report “How to Stop Webpage Speed from Killing Your Marketing” and see how decreasing the time it takes to get customers interacting with your online campaign can increase engagement, response, and conversion.
Ideas in Action 
 
  • No-refund stance could come back to haunt Spirit Airlines
    Spirit Airlines found itself in a social media "reputation dumpster fire" after refusing to issue a $197 refund to a dying veteran whose doctor told him it was unsafe for him to fly, Frank Reed writes. The airline faces a Facebook campaign calling for a boycott, so the situation "will likely cost them a lot more [than] $197," Reed writes. Marketing Pilgrim (5/3), FoxNews.com (5/3) LinkedInFacebookTwitterGoogle+Email this Story
  • Can social media help rehabilitate Goldman Sachs' image?
    Goldman Sachs is seeking a social media manager to push back against critics of the company on Twitter. That might just be the hardest job in social media today, Will Dean writes. "Sure, spinning online for a company as widely disliked as Goldman might be a fool's errand -- but, well ... think of the bonus," Dean writes. The Independent (London) (5/2) LinkedInFacebookTwitterGoogle+Email this Story
RadioShack has a global presence and a variety of innovative products and services. With reasonable investment levels and hundreds of potential markets, a RadioShack franchise represents an exciting opportunity for you to associate with a powerful retail brand. Click here to learn more.
Research and Reports 
 
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The Takeaway 
  • Finding the right mix to make your social presence resonate locally
    With the rapid growth of social media, marketers for companies with wide geographic bases must develop targeted ways to reach their customers in different markets. Many companies have allowed local management to create their own social media presence suited to the tastes and cultures of the communities they serve. eMarketer (5/4) LinkedInFacebookTwitterGoogle+Email this Story
Social Shareable 
 
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Editor's Note 
  • #Follow Friday: WMA SmartBrief
    Social media is great, but it's only one piece of an effective online strategy. To make the most of your social media efforts, you need to be able to get your followers to respond to a call to action -- and an attractive website or an interactive application can make all the difference. Learn about the latest trends in Web marketing each day for free with WMA SmartBrief. LinkedInFacebookTwitterGoogle+Email this Story
 
Position TitleCompany NameLocation
Web Content ManagerCorporate Executive BoardWashington, DC
Bloomberg Government Marketing AnalystBloombergWashington, DC
Click here to view more job listings.

SmartQuote 
As marketers work toward a social strategy, a plan for global management should be a key part of the discussion."
--Analyst Debra Aho Williamson, as quoted at eMarketer
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This SmartBrief was created for ignoble.experiment@arconati.us

 Andy Sernovitz, Editor at Large
Andy Sernovitz is the author of "Word of Mouth Marketing: How Smart Companies Get People Talking" and the fantastic blog "Damn, I Wish I'd Thought of That!" He runs WordofMouth.org, where marketers and entrepreneurs learn to be great at word of mouth marketing, and SocialMedia.org, the community for social media leaders at the world's greatest brands. He taught word of mouth marketing at Northwestern and internet entrepreneurship at Wharton.
 

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