This article from ZDNet, which follows on the heels of a recent Deloitte, Beeline Labs, and Society for Communications Research study about the word of mouth value in online consumer communities, offers up twelve best-practices for managing these kinds of communities. Some of the tips include: putting the community members first, understanding the differences between online consumer communities and other social media animals, the importance of having community management systems activated, and the importance of finding the right metrics.

The full story at ZDNet:
http://blogs.zdnet.com/Hinchcliffe/?p=190%2090

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