Kred Summit: Four new tools to empower your Social Media reach

As promised, I wanted to revisit the Kred London Influencer Summit and just give you a brief overview of the new products that Andrew Grill announced that are due for roll out in the next few months.

For me, it was the sheer volume of data that Kred has at it's disposal that blew me away. For example they have access straight through to the Twitter 'firehose' which means live access to over 10,000 posts a second and so far have collected over 150 Billion tweets. Across Twitter and Facebook Kred has an audience reach of 500 million people and have picked up over half a trillion conversations to date. So what can you do with that 'Big Data' in a marketing environment?

Well, first up was Kred for Brands, a tool aimed at Brand Managers. Thankfully they've produced a slick little video on the topic, but basically this sums up the application best:
It helps identify and engage key influencers on Twitter and Facebook to create successful word of mouth campaigns: it filters lists of influencers based on interest, network, connections, for brands to engage with the most effective brand advocates and community leaders, learn about them and activate their communities and increase social media ROI (Return on Investment). 

Next on the roll call was KredNet which was unveiled as a tool for creating what could be described as a 'pop-up' network for a specific event, timescale or company project. Again, because of Kred's access to the social platforms, it is a way of engaging with your key influencers or, if you're a company, you might want to find out who are the people in your organisation who are most engaged with the outside world on Social media channels.

Then we came to what I felt was the most astounding product; the Social Simulator. Since Kred has access to all of the tweets on record, they can load up a particular conversation that happened around an event, almost like putting photos into a slide show. You then replay them in a classroom environment to learn form that experience. I can really see this coming into it's own as a training tool to demonstrate in a hand-on way how to use social media within a business setting. The example Andrew gave was a shop running out of milk. The simulator loads up all the tweets that happened around that event and you start to play them out. At any time, you can pause the simulator and ask participants what they would tweet next. And since it is a closed environment, they can tweet without it going public to see what the consequences might be. A terrifically useful training tool for any kind of organisation that wants to empower its workforce in engaging on social media and social business channels.

Kred for CRM. The first thing you might want to know is what is CRM? Put simply, it's Customer Relationship Management. Beyond that it's the ability to leverage your customer relationships - and the interactions they have with others - to increase your brand's influence and ultimately lead to higher sales and visibility. This is taking the marketer's role to the next level in today's environment and is worth following up, if only to understand what is now possible as a result of all this big data that exists.

Domain Names
. The final item on the agenda was a few new 'top level' domain names being unveiled which will be rolled out later in the year. Kred bid for and won the rights to distribute .kred, .best and .ceo. Personally, I like the .best err the best. If you get in quick I can imagine service roles being snapped up straightaway. For example if you're a piano tuner, wouldn't it be cool to own the website Or in my case I think would work... come to think of it, save that one for me Andrew. Thanks.

If you're interested in this kind of social media stuff , then here's the full video of Andrew's presentation. It is worth a watch just to see how deeply integrated this has become. But one thing's for sure, it's not going away.