The Steve Rubel Stream

Blagica Bottigliero: Let’s start with the basics. Your last name. Is it pronounced like the Russian currency? I’ve heard multiple versions, so help us set the record straight.

Steve Rubel: Actually it isn’t – it’s pronounced Roo-Bell, rhyming with “blue bell.”

BB: As a lifestreamer, you spend quite a bit of time online digesting content. How much time per day do you spend doing this? How do you break up your day to consumer such a large amount of data?

SR:I would say that on average I spend two-three hours a day “studying.” How and where I fit this in really depends on my schedule in a given week. If it’s a particularly heavy week and I am traveling or in lots of meetings, it’s whenever I can steal a few minutes during the day. If it’s a “normal” day then it’s often over breakfast, lunch or at night when I get home. But I make it a commitment to keep current since our teams and clients look to me to help them do the same.

My workflow here, however, has changed a lot over the last few years. Until fairly recently I was a heavy user of Google Reader. Now, however, I find myself relying more on Facebook, Twitter and reading email newsletters from my favorite blogs. Also, I am increasingly using my mobile device to consume much of it as well.

BB: In the last few weeks, you’ve put a stronger emphasis on utilizing Facebook as your epicenter for news and communication. With Facebook’s history of sharing its TOS, along with concerns around privacy, do you think more users will shift their attention to Facebook? The addition of Facebook’s new settings come in handy, but do you feel that users don’t feel like adding privacy settings to every single action?

SR: Facebook is at a pivotal moment in its history. All of the data points are trending up – time spent (a staggering seven hours/month in the US), total users (400M worldwide), mobile use (100M users), traffic patterns (one of the top drivers of views to news/broadcast sites), etc. This makes it impossible to ignore.

What’s more, I believe we have passed a key tipping point where a network effect takes over. Randall Stross summarizes this nicely in his New York Times column, comparing it to similar situations like Microsoft Windows. So I don’t see the train slowing down here in any way.

Still, there’s no doubt many have privacy concerns. Facebook needs to make this easier to manage so that an individual can really more easily separate personal and professional circles – if he/she chooses. The settings they have now help. But they have a long way to go.

The other trend to note is how businesses are starting to use Facebook as a hub. There are more than 1.4M Facebook Pages. Some 700,000 are small businesses. This also creates a network effect the way that Google did with Adwords. Also, I have noticed that more brands and movies are prioritizing their Facebook page in ads over their own web site. This is controversial, but in many ways it makes sense.

BB: You just created a fan page on Facebook. How will you decipher information that appears in this stream versus your blog?

SR:I have been on Facebook since 2007 when they opened it up to all users. At first, I was skeptical of their prospects for success. I saw a scenario similar to what AOL did back in the 1990s – e.g. a walled garden. So while I have been on Facebook for years and I was engaged there, I didn’t see a real opportunity, at least for me, to use it to connect professionally with our customers.

However, the statistics I mentioned earlier and my own use recently have evolved my thinking. I began to see that, professionally, there is a real opportunity there for any business to deeply engage their customers in a way that perhaps is not as easy to do elsewhere – and to build thought leadership. One key reason is that clearly people I care most about like our clients are spending time there. It’s easier to go where the people are than to get them to come to you. What’s more, it’s a broader audience than the people who subscribe to my blog or follow me onTwitter.

So as of right now I am largely creating exclusive content there. I am finding Twitter is better for link sharing but that Facebook is more ideal for short bits of insights that spark a larger conversation. My blog will probably evolve into just a place for essays. But I am syndicating the posts into Facebook as well. It’s all evolving right now.

In short, I believe that Facebook will become my primary content platform in the next few months. But I will continue to do it all. As should businesses that have stakeholders scattered on other networks like Twitter.

BB: Your opinions on Google Buzz are pretty strong. What do you think they could have done differently at launch? Do you think it was wise they launched the tool in Gmail?

SR: Google Buzz suffers from complexity because they only tested it within Google, which has a very tech-savvy engineering driven culture. Facebook and Twitter are simple. You get it right away. Buzz feels like something Google is forcing on millions of users to catch up in an area it’s not strong in – social. It would have been better if they launched in in beta or Labs.

Still, I see Buzz remaining an important niche player for the time being. But I would never count Google out. They can get it right.

BB: It seems that there are new tools popping up every second. Whether it’s checking in at a local bistro with Foursquare or taking a picture of a sunset and sending it to a larger network via Yfrog, there is a hefty amount of information to keep track of. Will there come a time where a mini social ‘revolt’ will occur?

SR: I feel there’s way too much focus in marketing on the venues and the technologies – even in the recessionary climate. Businesses must focus first on their stakeholders and the trends and then figure out how to leverage the technologies. Many still go about it in reverse.

In terms of the consumer, I believe we’re already seeing a winnowing down. Facebook is tops for the broadest group. Twitter is loved by a smaller, yet arguably more influential crowd. And YouTube meanwhile sits in the middle. The others, even FourSquare, are more niche.

In the end there’s only so much time in a day and everyone will need to make choices on where to invest. I see Facebook being the big winner and Twitter sitting in neutral for now. The others may eventually just become features of the big sites rather than stand alone entities.

BB: In the 90s, consumers may have sent a complaint via written letter or email to one of their favorite brands. Today, it may be a Facebook status message, YouTube video or tweet. What do you think this says about consumers’ expectations when it comes to corporate two-way dialogue?

SR: I don’t see it being an expectation around dialogue as much as it is power. People now know they have it and that some businesses will bend over backwards to meet the legitimate gripes in real-time. This creates a virtuous or some would argue a vicious cycle that just exacerbates the situation further.

This means that every business needs to understand what they will address and when – with the expectation that it will scale.

BB: With web sites incorporating tools like Facebook connect, video and real-time tweets, do you see social media being more ingrained in a digital strategy, instead of being an after-thought?

SR: Yes, I believe that we’ve passed an inflection. Everyone is looking at the data and the hype in the media and they realize that this is where our time and attention are flowing so they need to front-load social networking into their budgets. This is not just limited to consumer marketing but b2b as well.

BB: You are a big gadget fan and need to be connected a good portion of your day. How do you plug in? What is your go-to gadget that you can’t leave home without?

SR: Without a doubt my mobile phones. I switch back and forth between the Blackberry (a client) and the iPhone depending on what I plan to do in a given day. There are days or even weeks when all I use is a mobile device. I often travel without a computer – sometimes for 10 days at a time and internationally as well. It’s amazing what you can do with these devices. And both fit the bill nicely.

BB: You are a man on the move, visiting many up and coming tech start-ups. ExacTarget recently purchased CoTweet. Do you see more consolidation happening?

SR: Absolutely, I believe that integration between various systems will be key – especially for those providers who serve enterprise customers. It’s no different than how we saw similar consolidation in the desktop/enterprise software markets and for web-based platforms in the early 2000s.

BB: I know you are a big Yankees fan. If you could be a Bat Boy for a day, would you do it?

SR: Wow, I definitely would. I would love to travel with the team and and ask Derek Jeter all kinds of questions about his work ethic and efforts to be a better ballplayer every day. That’s what I hope to do too in my field. Jeter is a rare yardstick of professionalism and quality in a sports word that increasingly lacks such role models. And I find lots of metaphors in sports to inspire me in business.

BB: What is your newest tech obsession?

SR: I would have to say any tools that I an use for free that give me data. My favorites are Google Insights and Ad Planner, Facebook Insights and YouTube Audience Insights.

Image credit: Laughing Squid