Syndication allows a decentralized event to gain some of the benefits of aggregation. Accordingly, we provide a central calendar listing of upcoming events, a video portal, and other opportunities for organizers and participants to share what happens at their local event.
We're working to develop additional mechanisms to support local Ignites, including social networking tools, and a much improved video portal (to be released in time for Global Ignite Week). Each Ignite provides its own factory for innovation, so we're looking for the best ideas from local organizers and working to spread them more widely.
We're particularly interested in developing mechanisms for syndicated sponsorship.
Up till now, there has been some local sponsorship of Ignite events. Local sponsors might provide beer in exchange for a banner, or give away product from the stage. Ignite Portland began showing short sponsor videos during the socializing breaks. Here's an example:
With Global Ignite Week, we realized that we've reached the scale where we can engage major sponsors. Global Ignite Week will have the reach of a large trade show, with 15-20,000 participants. Across all Ignite events this year, there may well be significantly more than 50,000 participants.
We've come up with a sponsorship model in which major sponsors can contribute a video to be shown across all participating events. If sponsors understand the format and deliver entertaining, informative video rather than traditional marketing spam, this can be a huge opportunity to engage passionate, interesting (and often highly technical) audiences. (In the future, we hope to have these video sponsorships in the form of actual syndicated Ignite sessions.)
There's a particularly interesting aspect to Ignite that we've come to realize. It's a social event, and so sponsorship at Ignite is fundamentally social media marketing. In addition to the people who attend each Ignite event, millions more are exposed to the event via Twitter and Facebook. We've been working with PeopleBrowsr Analytics and O'Reilly Research to understand the social media impact of Ignite events.
We compared the tweet count and reach from the Web 2.0 Expo NY and Web 2.0 Summit events last fall with the tweet count and reach from the Ignite events happening in the same timeframe. (For purposes of comparison, we decided to use a date range from 10 days before the Web 2.0 Expo till 20 days after the Web 2.0 Summit.) For the Web 2.0 Expo, we counted tweets using the #w2e and #w2expo hashtags; for the Web 2.0 Summit, we counted tweets using #w2s and #web2summit; for the various Ignite events, we counted tweets using either #ignite and the individual hashtags recommended by the organizers of the Ignite events held between 12 October to 24 November. As you can see from the figure below, the Web 2.0 events each generated a huge, concentrated spike, while the Ignite events provided a repetitive series of spikes, each much smaller, but important in the aggregate.
The Web 2.0 Summit generated 8,723 tweets from 2,356 individual users with a combined reach (aggregate of all followers of unique tweeters using one or more of the hashtags) of over 11 million, with 74 million potential tweet impressions (aggregate of all tweets seen by all followers.) The Web 2.0 Expo NY generated 11,950 tweets from 2,953 users with a combined reach of 6.4 million and nearly 42 million potential tweet impressions. Meanwhile, the 26 Ignite events held around the world during October and November generated 8,026 tweets from 2,585 with a combined reach of 3.5 million and over 11 million potential tweet impressions.
Clearly, the numbers were stronger for the traditional events - especially the Web 2.0 Summit, whose tweeters included a much higher proportion of "influentials" with high follower counts. But the Ignite movement is gaining steam. While the numbers for the sample period were smaller than those for the traditional events, when you use the Ignite data to project the expected tweet count from Global Ignite Week, the numbers are quite comparable. The sample period included 26 Ignite events spread over two months, and a total of perhaps 6000 participants. With more than 79 events currently scheduled (and perhaps as many as a hundred, as more are added each day) over a period of a week, Global Ignite Week (#giw) should generate more than 3 times the attendance and the tweet traffic that we saw during the sample period - as many as 25,000 tweets with a combined reach of 10 million followers and 35 million potential tweet impressions. Over the course of a year, several hundred Ignite events will have an attendance and a social media impact that exceeds that of even large traditional events.
We're still working out how to manage the syndicated sponsorship opportunity. Challenges include finding sponsors (prospectus pdf here) who understand the opportunity, making sure that those sponsors understand the Ignite culture and provide valuable content, developing mechanisms for sharing sponsorship benefits with local organizers (for example, we're talking with Facebook about providing in-kind advertising that organizers can use to bring attendees to their events), and working to understand the demographics and interests of the attendees. With tools like PeopleBrowsr analytics, it's increasingly possible to measure these things (and much more, including attendee sentiment) via the twitter "data exhaust."
There's an important twist to this story. A recent study showed that 70% of companies plan to spend more on Twitter & Facebook marketing rather than traditional marketing channels. Given the new social media marketing disclosure rules put forward by the Federal Trade Commission, you've either got to do explicit ads, or sponsor content that will spread on its own. Ignite is a great way to do social media marketing right.
