Wal-Mart has launched The Hub aimed at school kids. The site allows “Hubsters” to create a page on the site and upload videos for the chance to win prizes and appear in a Wal-Mart TV commercial. There are fashion tips, which are effectively just advertising for clothes you can buy at Wal-Mart.
Bloggers have not exactly given the site rave reviews and perhaps it was a little misguided for Wal-Mart to try and take on MySpace, however I think it is a good sign that such a major retailer is at least including online social networking in their marketing plan.
MyCoke.com allows users to create a V-Ego, blog, your own ringtone via a music mixer, and of course share all this with other V-Egos. It is a very bold site, and must have cost a fortune to build all this functionality. When I logged in, there were 968 other V-Egos online, so not going to cause MySpace much concern for the time being.

I am encouraged that major brands are investing in this medium. Their approach might not be perfect but they are at least willing to take the risk and reinforces that consumer generated media and social networking is an essential part of the marketing strategy.
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