Web 2.0

2009 was not a banner year for the media industry, but there were a few bright spots.  Social media was a major story and became a key player almost overnight.  There is not a marketer alive who is not thinking about social media in some manner for their brand. Social media provides some important tools such as interactivity and the ability to broadcast a message for free to a community of people.  However, the more significant trend of 2009 is the continued growth of content marketing and how it is eating into traditional advertising. 

The reason why is not really surprising.  Content marketing takes advantage of permission based marketing to build relationships with customers and prospects while advertising depends on interrupting people while they are consuming unrelated content.   Thanks to advances in technology, brands are able to create and distribute branded content at a higher level than ever before.  The Custom Publishing Council and ContentWise recently released a study of major US companies to quantify this phenomenon.  Here are some of the highlights:

• Total spending on branded content was over $1.8 million per company, with 51% spent on print publications, 27% on Internet media and 22% on categories such as video or audio.
• 78% of respondents said that branded content initiatives are more effective than other leading forms of advertising and marketing. Seventy percent said it was more effective than television advertising; 61% said it was more effective than direct mail and 57% said more effective than public relations.
• According to 54% of the companies surveyed, the primary reason for branded content initiatives was to educate customers. This was followed by customer retention (25%) and brand loyalty (21%). Up-selling was at the bottom of the list, indicating that corporate marketers are looking for long-term returns rather than a stimulus for short-term transactions.
• The use of external agency services (custom publisher, design firm or video production company, for example) to handle some aspect of branded content initiatives matched an all-time high from 2005, with 54% of companies reporting that they outsourced some portion of their branded content.
• Among companies that outsource, the average spend on branded content was a whopping $886,000. The previous record high was $316,000 in 2006. When extracting nontraditional forms of branded content from this equation, the total outsourcing spend was $650,000, 105% higher than previous records.
• The survey showed that 24% expected spending to increase in 2010; 20% expect it to decrease and 56% say it will stay the same.  Print publishing is expecting to decline, while other forms such as digital are expected to increase.

Another study conducted by Junta42 states that 60% of marketers will increase their spending on content initiatives.  The study also shows that social media and mobile apps with be important channels for branded content.  It all ties back to measurability and ROI.  When you create your own content and environment you increase the ability to measure and get positive results.  And, as we slowly come out of a recession, all that matters are results and profitability.  Branding initiatives are fun and nice to have, but unless they can demonstrate a clear return they won’t help your company’s bottom line or valuation. 
 

This is an article I wrote that appeared recently on Marketing Profs. 

The hottest trend in brand marketing right now is the very thing that has fueled traditional advertising’s ongoing evolution: Brands are bypassing traditional media outlets in favor of creating their own private media platforms. That’s right, brands are becoming the media.

Savvy marketers have realized that for the same price they once paid for a glossy ad or 30-second TV spot, they can now own their fully branded publication, video series, or interactive online platform.

Moreover, they’re providing the same high-quality and engaging content found in those third-party publications and broadcast outlets, offering it to mainstream audiences for free and, in essence, competing with those very outlets that used to serve their advertising needs.

Of course, as new media channels continue to emerge, audiences become more dispersed, creating an urgent need for brands to spread their efforts across channels to capture the attention of their target audiences.

That fact alone negates the logic once used to rationalize huge ad spends on single outlets or mediums. Knowing that marketers must find revolutionary methods of enticing customers and prospects to engage with their brands, what better method is there than for brands to simply become the media?

Cases in Point

That’s the theory, but exactly which brands are becoming the media? I Can’t Believe It’s Not Butter!, U.S. Wellness Meats, Nike, Gillette, Kikkoman, and hundreds of others.

Consider Unilever. Its new-media initiative for I Can’t Believe It’s Not Butter! features Spraychel—the brand’s animated mascot—and her adventures in the fridge.

Looking for a new way to generate buzz for the brand, Unilever created an innovative, entertaining brand experience that compelled consumers to spread the word through viral-marketing efforts.

Weekly webisodes and a “celebrity-esque” blog allow consumers to follow the storylines and deliver the latest gossip in the fridge. Moreover, viewers chime in to decide the outcome of upcoming webisodes. Unilever’s most-recent campaign is at VoteSpraychel.com.

When U.S. Wellness Meats—a producer and distributor of grass-fed animal meat—realized that current educational materials on grass-fed meats were not only diffuse but often inconsistent, unclear, and untrue, it took on the challenge of becoming a dependable educational source for those seeking reliable information on grass-fed meat.

Its audience comprises athletes, parents, doctors, and others concerned about the nutritional value of the food they consume. Thus, U.S. Wellness Meats overhauled USWellnessMeats.com, which was once a traditional e-commerce site, and turned it into a regularly updated destination site for those looking for facts on sustainable eating, the difference between grass-fed and grain-fed meats, and the health benefits of the company’s products.

Inspired by its customers’ passion for health and cooking, and the many communications it has received over the years, U.S. Wellness Meats uses its new platform to feature professional and home chefs, a Wellness blog, and Wellness Kids, among other features. Instead of relying on outside media to educate its consumers, U.S. Wellness Meats can do that on its own, knowing that the information is accurate.

Another consumer brand that understands content marketing is Kikkoman, famous for its soy sauce. To familiarize more consumers with the versatility of soy sauce, Kikkoman’s website has a Food Forum that has original recipes and serves as a resource center on Japanese cooking and culture.

Kikkoman has been running an innovative campaign around umami, or the fifth taste (the discovery of which recently celebrated its 100th anniversary).

The brand launched a commercial campaign on the Food Network and YouTube that introduces viewers to umami and presents various foods—including Kikkoman Soy Sauce—that evoke the fifth-taste sensation.

The commercial directs viewers to a micro-site www.DiscoverUmami.com to popularize the idea with customers by providing appealing and educational information, as well as more ways to use the product. The sell is subtle as the viewer gets deeper into the world of Kikkoman and Japanese-flavored recipes.

The New Rationale

People are more comfortable getting their news from multiple sources—a perfect environment for any business thinking about stepping in and becoming a trusted source of information.

And that’s the general logic: When your company educates its current and prospective clients on its field of expertise instead of pitching them products or services, it effectively becomes a reliable source of information and entertainment.

In other words, your company (or brand) becomes the media and is in a position to provide thought leadership and build customer affinity.

You’ve established your company as a trusted resource; as a result, your customer feels more confident buying from you, and you have increased your ability to measure results in terms of generating leads and creating incremental sales.

Though traditional advertising will always serve as a means of general awareness, private media channels encourage brand loyalty and affinity,   allowing companies to speak directly to their customers and prospects in a controlled environment.

Add a bit of good research to the equation and brands are able to create content that resonates specifically with the needs of various audiences and current customers, as well as content that supports permission-based marketing tactics that will woo their prospects.

Here’s the bottom line: When a company or brand becomes the media, it effectively creates a direct dialogue with customers that leads to a predetermined behavior and increased sales. Creating your own media channel also increases accountability and measurability, which is critical in today’s economic environment.

Here in Massachusetts we had a front row seat to one of the biggest upsets in political history.  In the Bay State, politics is both an art form and a contact sport.  Though it is a small state, we have had our share of national figures – JFK, Tip O’Neil, Barney Frank, Mike Dukakis, John Kerry, Mitt Romney and now Scott Brown replacing Ted Kennedy. 

Many of the pundits and spinners around the country are blaming Martha Coakley and the campaign she ran, but that is not the real story.  Many are comparing her to Bill Buckner of the 86 Red Sox, who let the World Series go through his in legs to let the Mets win.  Actually, I’d compare her to Grady Little, the Sox manager who left Pedro Martinez too long against the Yanks in 03.  Martha made some bad decision, but the players really blew the game.  In this case the players are Barack Obama, Nancy Pelosi, Harry Reid, Ben Nelson etc.  Voters, particularly independents were voting against healthcare, government spending and the perceived leftward direction of the President and Congress.  Exit polling shows Brown cleaned up among independents – and middle class/working class voters by huge margins

How did a State Senator with an unremarkable record who was unknown 4 months ago topple the Democratic establishment and win a seat that belonged to the Kennedy family since 1953?  With very good content marketing and the knowledge of how to own his media channel.  Here is how he did it and the lessons to be learned:

1. Have a brand that resonates with your audience and communicate it clearly.  Brown understood his audience and what they cared about: Economics, healthcare and terrorism while staying away from divisive social issues.  This translated to jobs and spending, the healthcare bill and the administration’s decision to treat terror suspects as criminals and not enemy combatants.  He didn’t dance around it, instead he was blunt and clear – even about water boarding.  He signed “41” after his name to make it clear he was going to be the vote that kills the health care bill.  His line about the “people’s seat” was brilliant in its brevity and power.  In an age when politicians don’t sound like real people, he sold it straight.  Brown’s use of content was far superior to his opponent.  Coakley was hampered by having to take positions to the left of Obama in a tough primary battle so she appeared out of touch by the majority of independent voters. 

2. Use powerful visuals as messages and storytelling.  Sometimes images and design can tell a story as well or better than words.  Brown’s ads were excellent – from JFK morphing into Brown, to the iconography around his old GMC truck and ever present barn coat.  He let his fellow suburbanites know he was one of them and he knows how they are feeling - frustrated.  It was telling that elitists like Martha Coakley and Pres. Obama were making fun of his truck – the definition of tone deaf.  I found it comical that the guy who ultimately runs GM would rip on a candidate who was proud of his reliable GMC truck.  Coakley made it clear that she’d rather spend time with other politicians and union leaders rather than shaking hands with ordinary people – not exactly a recipe for popularity. 
 

3. Scott Brown created his own media channel.  Brown didn’t get big contribution money until the last two weeks, so had to make do with “free” media.  His team owned face book – his fan page grew from 17K fans when I started tracking it to over 130K by Election Day.  Many were members from around the country who also contributed funds.  He was on Twitter and had a YouTube Channel that was viral.  Having these social media channels are not exactly state of the art, but the way he combined the content, passion and messaging with the communities were powerful.  There is little doubt he swamped Coakley who never had more than 20K fans.  He also used the free media a.k.a PR. Brown made himself available for a myriad of radio shows and reporters while Coakley stayed under wraps.  He gained a lot of good will from the media by being friendly and accessible.

4. He stayed mostly positive while Coakley ran hundreds of negative ads.  The DNC and other PACs supporting the Democrat poured millions into a carpet-bombing of nasty attack ads against Brown.  And they worked – driving up Martha Coakley’s negative ratings. It backfired badly.  Brown’s ads were great – showing him in his infamous truck interacting with people and his family.  Her ads featured her as a talking head in a conference room.  The contrast was striking.  While Brown created an integrated media channel, Coakley took the old school approach and relied heavily on broadcast advertising.  Brown owned his media channel while Coakley rented hers. In the end she wound up with what renters usually end up with - nothing but an empty bank account.

The marketing team behind Scott Brown was successful by knowing the needs of their audience. This knowledge helped them craft a simple and positive benefit oriented message. They created compelling content while utilizing all media platforms for their strengths.  You can expect to see this model a bit in November and that may not be a bad thing.  My advice to politicians running in 2010 – keep it simple and benefit oriented, stay positive, create a community and tell a compelling story across all media channels.  Good luck Senator Brown.

Here are this year’s media predictions.  Last week, I took a look back at 2009’s to see how we did, click here to see the scorecard.  Here are a few other places to check out where we participated.

Junta42 - Over 100 predictions from 70 of the top content marketing minds in the world.

Folio Magazine - 115 (give or take) magazine and media predictions for 2010.

eMedia Vitals – Media Blogs We Love (includes the King Fish ThinkTank) and Nine Bold Predictions for 2010

Here are a few thoughts for next year:

2010 will be the year that content goes mobile in a big way.  Having a mobile strategy will no longer be a “nice to have”, but a requirement for media brands and custom content.  The success of the iPhone and Kindle has shown that there is an appetite for content to be read in a “third place” away from both home and office.

More and more pure play online companies will discover multi-channel marketing paired with content drives customer engagement.  Look for more online retailers to create “magalogs” pairing content and offers in an appealing environment using both print and digital formats.

Broadcasters (network and cable) will create more integrated online content and advertising programs for the so called “second screen”.  According to Reuters, Nielsen’s research shows that “57 percent of TV viewers in the U.S. who have Internet access use both mediums at the same time at least once a month. That translates to more than 128 million U.S. consumers.”

This opens the door to creative ties-ins for deeper content, social media connections and games/contests to extend a marketing campaign.

Consumers will slowly begin to accept that they will have to pay for some premium online content.  The decline of print advertising means that online content can no longer be subsidized.  It will only be successful with unique, relevant content such as hyper local news or brands such as the New York Times or Variety.  Basic news and opinion found in places such as Newsweek and Business Week stand little chance of collecting a fee for content because there are so many other sources for that information.

Twitter is leveling off as many people quit or abandon after a short time.  I see that trend continuing, though the idea of micro blogging is here to stay. It’s too effective a communications tools not to have a purpose.  It makes more sense integrated into something else rather than a stand-alone; and it is still a mystery how Twitter will make a profit.  I am losing some interest –a lot of tweets are just of the “look at me, I’m clever” variety or other self promotional nonsense.  The whole “social media” frenzy will slow down considerably as it becomes just another marketing tactic and media channel. The cottage industry of social media experts, consultants and dedicated agencies will wane.  It’s like when “e” was finally dropped from e-commerce and it became just another commerce channel.  We can now drop the “Social” and recognize it’s just another media channel.

Tiger Woods is done as a mainstream pitchman for at least the next 3-5 years, probably forever.  There was a level of recklessness to his behavior as he was done in by the new media avalanche (texts, tweets, face book postings, TMZ, You Tube) of evidence.  The speed of these viral networks is blinding and can end careers in a matter of a week.  It is possible Nike and golf equipment vendors could continue to use him, but I can’t imagine current sponsors such as Gillette, AT&T, Tag Heuer continuing to feature him in ads.  I think they will follow Accenture and start dropping him in January. For a good long while, when people see his image they will either snicker or think about porn.  Not good for selling razors, watches and consulting services. 

As of today President Obama has slipped beneath the 50% benchmark for job approval in almost every poll.  The common refrain among his supporters is that it is “all about the economy, and the same thing happened to Reagan, so nothing to see here”.  I think that analysis misses the mark and don’t think he will go past 52% or 53% approval anytime during 2010.  In fact it is likely he will stay below 50%.  Why?  Classic marketing mistake – the White House does not understand its audience (a center right country) and never moved from campaign mode (lead acquisition) to governing (customer retention).  The 2010 mid term elections are going to be a nasty battle with much media money spent.  The net result will be narrow but unsteady majorities for the Democrats in the House and Senate.   This will take the President down one of two roads.  Does he turn to the center like Clinton and get reelected, or stay left and get nothing done?

Last year, I took a shot at 2009 media predictions.  Here is a summary of how they turned out – boths hits and misses.  Look here for 2010 predictions next week.

Prediction - The continued growth of web casting, virtual trade shows and online video will take a significant chunk of revenue from trade shows and live events during 2009.

Result – As reported by B2B, digital is flat while trade show and print revenue is way down. Print revenue fell 25.7% in the first three quarters of this year compared with the same period last year. Trade show revenue declined 19.2%, and digital revenue dipped 3.0%. Virtual trade shows remain hot – the combination of measureable ROI and lack of travel costs make them very attractive.

Prediction - The decline of the US auto industry will result in huge cut backs in print advertising from the big three, and several magazines will close as a result.  Local TV stations and newspapers will see big decreases in ad revenue as car dealerships close after GM kills Buick, Pontiac and Saturn and Ford also pares brands as part of a government bailout.

Result - The US Government actually bailed out GM and Chrysler, not Ford.  GM is killing Saturn, Pontiac, Saab and sold Hummer while keeping Buick.   Ad spending is way down and according to one count 383 magazines did close including Gourmet, Portfolio, Domino and Country Home.

Prediction - Several IT publications will follow the lead of PC Magazine and abandon their print issue to reposition themselves as online and events brands.  They will thrive once all the print overhead is removed.

Result - Not as many as I would have thought, but the print versions of these publications don’t carry very much weight any more.  The IT media companies are totally focused on online media and lead generation.  One brand I used to work on, VARBusiness did go to the great BPA Audit in the sky.

Prediction - Face book will explode and become a “must have” for professionals in 34-54 age group who will continue to blur the lines between personal and business life.

Result - This was a layup.  Face book started 2009 with 150 million users and could be at 350 million by the end of this year.  Just about everyone I know is currently on the site.  Except my wife, thank goodness.

Prediction - The big television networks will continue to become less relevant in the lives of Americans as they spend more time on niche cable networks and social media sites.  The 2009 fall season will produce zero new hits.  The continued penetration of DVR’s will further erode their advertising base and they will have to make major cutbacks.

Result - I was somewhat off base.  According to Variety, the new season was not bad and contained one buzz worthy/water cooler hit in ABC’s Modern Family – a laugh riot.  On the other hand the great Jay Leno at 10pm experiment doesn’t seem to be working out.  Shocker.  Not only is viewership down at 10pm on NBC, but research shows that DVR usage is up as people catch up on other recorded shows during that time slot.
 
Prediction - A major US daily newspaper will fold its print edition and go digital only.

Result – A few bit the dust including the Rocky Mountain Times and the Seattle Post Intelligencer went online only.  The big story was the New York Times Company playing chicken with the Boston Globe’s unions.  The Times essentially told the union to take their demanded cuts or they would close the paper which was on track to lose $50 million this year.  The union blinked and it is still publishing.  The NYT Company took the Globe off the market after bids came in around $35 million for the media property they purchased for a cool billion in 1993.

Prediction - Sarah Palin will write a book about her experiences during the 2008 campaign.  She will get a giant advance and it will go to #1 on the New York Times Bestseller list much to the dismay of New York Times.

Result – Home Run!!!  Her book hit the #1 in November and sold a million copies.  Huge crowds turned out for book signing and she did the usual media blitz round robin.  As expected, there was a cottage industry of Palin haters and endless opinion columns and blogs about “what her popularity means” and if she is running in 2012.  Interesting contrast to how President Obama is ending the year – the lowest approval rating for any President 10 months into his term and under 50% in both Gallup and Rasmussen tracking polls.
 
Prediction - American Idol will see a strong decline in ratings - over commercialization and bland contestants killed the golden goose.

Result – The ratings did continue to decline for the season and the finale, but it is still the number one show on TV and a cash machine.  Once again AI had somewhat bland contestants with one very notable exception – Adam Lambert.  The jury is out on the long term success of the last two winners – David Cook and Kris Allen – two nondescript, moderately talented young men.  I don’t see either becoming a big star the way Carrie Underwood and Kelly Clarkson did before them.  The more interesting question is about Adam Lambert.  Is America ready to embrace an openly gay male rock star?  I say yes, but as the cliché says – time will tell.

Check in next week for 2010 predictions.  If you have any of your own, send them my way and I’ll post them with a link back to your site.

Do you have a mobile content strategy?  If not, it’s time to start thinking about it.  While social media has grabbed many of the recent headlines, the iPhone/smart phone phenomenon is picking up steam.   Apple is selling roughly five to six million handsets per quarter and it is estimated there are 20 million iPhones now in use, and it’s not hard to see that doubling in a year.  The App Store has delivered over 1 billions apps (paid and free) among the 25K-35K apps that have been released.  How many professionals do you know who don’t have an iPhone, Trio/Pre or Blackberry?  I am guessing not many.

I am an avid iPhone user and believe it is a transformational technology for media and content.  The speed, versatility and readability are amazing compared to where smart phones were in the pre-Apple era.  It has become a critical delivery platform for your “third place”.  This is anywhere that is not your office or home where you are likely to be sitting in front of a computer or TV screen.  Your third place could be a hotel, train, airport, coffee shop, waiting room etc.  No need to lug around a laptop or even a netbook because the iPhone can do it all, including hold all your games, music, pictures, videos and act as a GPS system.

If you are creating content you have to think about a mobile strategy.  For some that can mean optimizing your site for mobile browsing, but you need to take it a step further.  Leading brands such as the Wall Street Journal and the New York Times have created popular apps to push content.  A recent survey by the Audit Bureau of Circulation shows that media companies across the board are experimenting and planning apps of their own.  It is a great way to build a closer relationship with readers and gives you more interactive advertising opportunities to sell.

However, it is not just for traditional media.  You should also consider an app reader for your custom publications and original content you are creating for your web site, white paper/ebooks and blog.  It’s time to consider smart phones part of your private media channel along with social networking sites and traditional platforms of print, interactive and email marketing. 

In fact, any companies who rely on affinity/trust relationships with customers (i.e. online retailers for consumers and order tracking /supply chain for B2B) need to have a customer facing app.  Amazon has one that I have used and it extends my relationship with the retailer away from my desk. 

The strength of a private custom media channel is the ability to serve relevant content to customers on a platform they prefer so they are receptive to your message.  It is becoming clear that the smart phone platform is gaining favor at a rapid pace.  For many companies, a mobile content strategy can be a powerful customer retention tool.

We at the beginning of a radical change in the way television is perceived and used by both consumers and marketers. The end result will be the eventual merger of television and the internet.  It has already started with technological advances driving new consumer behavior.  A new study from the Pew Internet Project sheds light on some developments:

62% of adult Internet users have watched video on an online video sharing site.  This number jumps to 89% among 18-29 year old consumers.  Watching online video activity out ranks the use of social networking sites, podcasts and Twitter. 

35% of adult Internet users have watched TV shows and movies online on sites such as hulu.com.  For the 18-29 set the number jumps to 61%.  Among those adults who watch TV and movies online, 23% have connected their TV to their computer.

The lines between TV and online video are blurring, especially in the eyes of the younger generation.  Broadband is now in nearly two-thirds of all homes and 90% of all homes will have a flat panel TV by 2012.  With the infrastructure in place, the merging of platforms will happen quickly.  This opens the door for the proliferation of interactivity and user generated video content to flood the web.  The amount of content choices available to consumers will grow exponentially.

There is another less known but equally important technological development that will give consumers more choice, and more challenges for marketers.  The growth of remote video storage will have far reaching effects by increasing the ability to serve video on demand.  Companies like Netflix and On Demand are quickly adding content to their libraries to offer streaming on demand video to consumers.  Much like iTunes did in the music business it will take a chunk out of the DVD business.  I never really understood the desire to “own” a movie or TV series on a DVD, but the need may evaporate when you can get it on demand for a few dollars with a mouse click.

The other application enabled by remote video storage is network DVR service currently being offered by Cablevision.  This would enable any viewer to use the basic time shifting and commercial skipping power of the DVR without having the box in home.  The DVR services would be remote and handled in a central storage facility.  Currently DVR penetration is 28% in the US and it could grow dramatically with the roll out of network DVR service.

These trends are all crushing blows to the traditional revenue streams of the content providers.  DVD sales are very important to the movie studios and television lives on the traditional commercial.  Technology will enable to consumers to have limitless choices and the ability to skip by commercials.  On the flip side, video content providers now have the opportunity to put their material online and give marketers an actual measurable marketing venue.  The big question- will they fight the reality of the future like the music and newspaper business or will they embrace it? 

King Fish Media, in partnership with HubSpot, Junta42 and the Upshot Institute, is conducting a short survey among marketing executives—both on the brand and agency sides—to gauge the ever-changing opinions and activity regarding new media, advertising, marketing and measurement.

While I’m sure you receive a fair share of invitations to participate in various studies, I hope you will give special consideration to this one. In return for your time, we will offer participants exclusive access to the survey for one week prior to making it available to the general public and media. The results will be compiled into an e-book format and will be supplemented by an in-depth analysis. Our hope is that this research will help marketers better craft their new business pitches and offer brand marketers a better sense of the continually evolving trends they should be paying attention to and preparing for.

Please take just a few minutes to fill out this online survey to help us understand the needs and plans of senior marketers.  Click here to take the survey

You will be asked for your email address at the end of the survey, but your answers will be kept completely anonymous. This is purely so we can send you the research in advance of its official release.  Otherwise, the results will be available for free download at kingfishmedia.com no later than Sept. 15th. 

Thank you very much for your participation.  Got to the Survey Here

Forrester just released their five year forecast for US Interactive Marketing and it is an interesting read.  Five year forecasts are always dicey in today’s new media world. How many people in 2004 predicted the most talked about politicians in 2009 would be Barack Obama and Sarah Palin?  Zero.  About the same amount of people in 2004 who predicted the country would come to a standstill to watch and follow Michael Jackson’s memorial on Face book and Twitter. 

However, the numbers confirm and quantify what most of us already know – the amount of dollars to be spent on interactive marketing are growing fast and taking share from traditional media.  Overall, search marketing will be the biggest component, and Mobile (27% CAGR) and Social Media (34% CAGR) will grow the fastest.  All of these media/technologies are game changers in terms of information/content consumption and marketing.  Anyone who has taken a spin around an iPhone can see just how radically our content consuming habits will change.  And, marketers must follow suit.

Here is a quote from Forrester’s Shar VanBoskrik’s blog:

But to me, the most interesting takeaway from the research is that overall advertising budgets will decline.  Yep.  With dollars moving out of traditional media toward less expensive and more efficient interactive tools, marketers will actually need less money to accomplish their current advertising goals.   But reasonable marketers won’t relinquish budget because their programs are running too efficiently. Instead, marketers will allocate unused advertising dollars into investments like innovation, research, customer service, customer experiences, and marketing-specific technology and IT staff, in order to further marketing’s strategic influence within their companies.

If I may add my two cents – this gives marketers and brands the opportunity to become the media.  By creating their own original content, brands can build trust and affinity with customers and prospects.  The budget and technology now exists for marketers to totally bypass traditional media and ad agencies and talk directly to customers.  Content is what will fuel search and social media, so the opportunity for companies to engage in content marketing has never been greater.  I may not be bold enough to predict what the marketing world will look like in 2014, but I do know one thing.  I would not invest in any traditional ad agencies any time soon.

Question: Has your sales and marketing tactics changed radically over the past five years?  Not to over hype it, but the second half of this decade has brought changes in media consumption that rivals the introduction of the printing press and television.  You need to keep your customer’s behavior in mind when deciding which marketing and sales tactics to use in light of the dramatic changes.

Five years ago no one had yet heard of YouTube, Hulu, Face book or Twitter.  Reality TV now dominates the ratings as Andy Warhol’s prediction of instant fame actually came true.  Public Wi Fi is everywhere and Google is now a verb.  The new generation of smart phones would amaze James Bond.  DVRs  and IPODs have completely changed the concept of consuming and buying entertainment.  When it comes to content, the influence of bloggers in politics, sports and entertainment often drive the media narrative with the mainstream media chasing. 

Major newspapers like the Boston Globe are a dying business model.  Network TV viewership is at an all time low and the level of creativity is even lower – how many crime shows do we need?  Magazine are shrinking and trying to reinvent themselves like Newsweek, Playboy and Reader’s Digest.  The B2B trade press is migrating from print to online content, web casts and virtual trade shows.

Thanks to advances in technology, the balance of power has shifted from media to consumer and that changes everything for marketers.  Have you adjusted your marketing plans to take advantage of these changes or are you maintaining the status quo?

Here are ten burning questions you need to ask yourself now:

1. Are you conducting or finding research to understand how your customers are consuming media? 

2. Does this research tell you the information needs of your customers and prospects?

3. Are you still renting expensive ad space in print and TV with the majority your budget? 

4. Are your producing original content and owning your own media channel to create an interactive dialog with your customers?

5. Is your company using original content to become a trusted media brand?

6. Are you creating passion and communities among your customers?

7. Do you make an effort to balance your retention and acquisition efforts, or are you over investing in lead generation?

8. Do you have a defined social media strategy to engage with customers and prospects where they are spending more and more time?

9. Are you personally engaged with Linked In, Face Book and Twitter to find prospects and talk to your customers?

10. Do you have measurement metrics in place for all of your marketing and sales tactics?

Think about your honest answers to these questions and take stock of where you are with both your company and career.  It is easy for mid career professionals to write these changes off as a passing fad or “for kids”.  That is probably what they there thinking at the Boston Globe and Newsweek just a few years ago.  We are in the midst of big time changes across the spectrum of politics, economics and media consumption.  The companies that adopt swiftly will thrive over the next decade. 

In 2000, Al Gore received a half million more votes than George W. Bush for President, but it was not to be.  Talk about Karma - fast forward to today and W. is in his living room with the lowest approval rating in modern times and is still a punching bag for the media and comedians.  Meanwhile, Al Gore has added a Nobel Peace Prize, Oscar, Grammy and Emmy to his environmentally correct trophy case.  In case you didn’t know, Gore is also one of the founders of Current TV.  Description below:

Since its inception in 2005, Current TV has been the world’s leading peer-to-peer news and information network. Current is the only 24/7 cable and satellite television network and Internet site produced and programmed in collaboration with its audience. Current connects young adults with what is going on in their world, from their perspective, in their own voices.

Current pioneered the television industry’s leading model of interactive viewer created content (VC2). Comprising roughly one-third of Current’s on-air broadcast, this content is submitted via short-form, non-fiction video “pods”. Viewer Created Ad Messages (VCAMs) are also open to viewer’s participation.
 

Current TV is a creature of the new media landscape and takes advantage of the fact many people want to create content, connect with peers and be famous. The technology to live this dream is now in the hands of the masses.  You can see this theme throughout media and popular culture.  Who received more “buzz” this year?  Was it Adam Lambert, Susan Boyle and the Housewives of NY/NJ or the scripted dramas on network television?  Clearly it was the reality stars because they feed into the concept of democratized content and aspirations of fame and fortune.

This trend has implications for marketers and advertisers trying to reach an ever more fragmented audience.  The 30 second spot and print ads are dying art forms.  One of the cool things about Current TV is they allow viewers to create ads for major brands such as HP and T-Mobile based on some creative assets and a brief.  Their research shows that viewers prefer user generated ads by a ratio of 9 to 1.  This trend does not bode well for traditional ad agencies, and doesn’t big Al know it.  Read a few quotes from a keynote he recently gave at marketing event as reported by Adweek:

He described the end of the industrial-revolution-like era of advertising, which produced ads that are “big, blunt expensive and very intrusive. . Audiences have begun to resist that old model.”   Going forward, advertising needs to become more nuanced, authentic and peer-to-peer, said Gore. “People want a different kind of feeling toward brands to which they give their money.”
 
That means being more upfront about ad messaging, rather than attempting to squeeze marketing messages into content through branded entertainment, he said. According to Gore, one of the reasons that Current viewers like VCAM ads is that they are straightforward in their intent. “People are interested in what someone like them is going to do and they’re not going to have something slipped by them,” Gore said. With ads that have been disguised as entertainment, “there is some resistance to those models. . . . We believe that intelligent empowerment of the audience is the key.”

Al Gore will likely never be President but he is now at the forefront of private custom media channels and content marketing.  In the parlance of marketing speak, Al Gore “gets it”.  Do you? 

The job of a marketer has probably never been more complicated with all the choices and options we have to communicate our messages for lead generation and customer retention.  The advent of new web tools and social media has made keeping up a full time job.  Our friend Joe Pulizzi at Junta42 has done a great job of compiling all the tools you need to know about in the areas of custom media, social networking, interactive conversations, Facebook and Twitter tools, content sharing, blogging, back end operation and of course, measurement.

Take a look at the list and let us know if you have any gems to add.   Personally, I have found the ability to share information with peers one of the best benefits of social media. Later this week I’ll let you know who I follow via Twitter to keep up with the daily changes in our world.  Happy reading.

Two sets of numbers recently came across my screen that illustrates the wrenching changes in media and marketing.  MIN Online has released 2009 first half numbers for monthly magazines and it is ugly.  Yes, we are in a tough recession, but these steep drops are more about the decline and fall of print advertising supported media.  Here is a snippet of the carnage as reported by MediaPost News:

The losses were widespread, with only eight out of the 118 titles tracked by MIN showing an increase in ad pages.  Among women’s lifestyle titles, Allure, Lucky, Vogue and W are all down over 30%. Auto and enthusiast titles (mostly targeting men) are sharply down, with drops of over 30% at Power & Motoryacht, Boating, Automobile, Motor Trend and Road & Track, Details, Maxim and GQ are also down over 30%, as are music monthlies Spin and Vibe and food titles Gourmet and Bon Appetit.

The brands mentioned above were formally profit generating powerhouses in lucrative categories.  The bulk of these pages are not coming back after the recession nor are closed newspapers going to spring back to life.  The ad market is undergoing a structural change.  Print is caught is a vise – readers have moved on to online media (more about that soon) and marketers are looking for measurable results that drive sales.  It is hard to make that case with a $50,000 branding ad in a monthly glossy magazine.

At the same time social media is on fire.  Facebook is now getting 300 million unique visitors per month, a 160% increase from a year ago.  This April, Twitter received 32 million world wide uniques, up 70% in a month!  MySpace has been flat at 123 million uniques per month while Facebook and Twitter grow unabated.  MySpace is going to end up the Netscape Navigator of its time. 

Since there are still only 24 hours in a day, something must be suffering with people spending all that time with social media.  Spring 2009 MRI readership shows a significant decline in magazine readership in the past year.

This has huge implications for marketers as they decide on their strategies for coming out of this economic downturn.  Reaching customers and prospects the old fashion way, is well, old fashion.  More than ever, it is imperative for marketers to turn to content market, storytelling and private media channels for measurable results.  And, now is the time to harness the power of social media.   Tweet now or forever hold your peace.

This is an interesting situation worth watching to see if a classic “old media” brand can make a successful transition to the new media landscape.  As reported on cnbc.com, Newsweek will debut their transformation on Monday in print and online today.  In a nutshell, they are moving from a newsweekly to thought leadership/opinion magazine.  In addition, they will take the rate base way down and focus on quality of readers who will in theory pay more for subscriptions. 

Here is a description of the new sections in the magazine:

“The magazine will be reorganized into four sections with a new focus on opinion. A new section called “The Take” will gather all the magazine’s columnists into one place. Newsweek is adding a new survey called “Internationalist” about world happenings. “The Culture” section will feature a lead essay with big ideas about art etc. The content will aim to speak to a well educated reader. And the design of the magazine and website will be sparser, with a lot more white space”

While everyone agrees a newsweekly no longer has a purpose, it may be too late to make this move.  In truth, they abandoned objective news reporting years ago and are now coming clean as somewhat liberal leaning publication (Obama appeared on 25% of their weekly covers in 2008 dwarfing his competitors).  If they are aiming to become a high end opinion magazine, they are cruising into crowded territory.  As Julia Boorstin mentions in her report, there is already some excellent journalism in that niche such as The Atlantic Monthly, The Economist and the New Yorker.  I am a pretty frequent reader of Newsweek and the New Yorker and there is no comparison in the level of writing.  Newsweek will have to up their game considerably to compete in that space.  Newsweek has been written for a broad general audience and will have to switch gears.

A prediction – Newsweek is gone as a print magazine in less than three years.  One thing I am fairly certain of is that you can’t completely change the DNA of a media brand and expect to go merrily along.  Newsweek has subscribers, newsstand buyers, advertisers and writers who are rooted in the newsweekly world and have a firm impression and mindset of what the brand means to them.  This can’t be changed on the fly at a time when print advertising is falling out of vogue faster than Second Life.

Media brands are living things whether they are TV shows, magazines, movie franchises or rock stars.  They have definable life cycles and eventually run their course.  Even one time mega hits such as Seinfeld eventually run out of steam and die a natural death.  I saw it first hand with PC Magazine, 10 years ago one of the largest magazines in the world, today an online only brand.  Its reason for being, a monthly print magazine with comparative reviews of PCs, is no longer relevant to readers or advertisers.  While we all bemoan the loss, the hard truth is the print magazine no longer served a purpose.

In the age of Twitter and smart phones, a weekly news magazine is no longer relevant.   And, moving a print advertising supported magazine into a saturated market segment does not make a lot of business sense.  At first blush their redesigned web site looks like a hodge podge of various types of content thrown up against the wall/home page to see what will be sticky.  The web site may grow and prosper over time, but don’t count on seeing the President on a dozen Newsweek covers in 2012.  He’ll be running, but the magazine will be a memory.

In my post a couple of weeks ago, I wrote about entering the Jim Beam Remake contest, where users submitted their original parodies and remakes of the new Jim Beam commercials.  

A few days ago, as I arrived home in the evening, I noticed a large envelope poking out of my mailbox. It didn’t have a return address. My boyfriend and I were so curious as to its contents, we ripped it open before we even got inside.

Inside were a Jim Beam t-shirt and a letter from the director of whiskeys, thanking the participants for sending in their videos. I was sincerely impressed by how classy and sincere the letter was. It seemed this person and her team had truly enjoyed watching the hundreds of video entries. She even stated she would do it all again, and hopes we would too.

In my post a year ago about Anton’s Cleaners , I talked about how customer retention works when companies let their customers know they care. It doesn’t need to be big, it doesn’t need to be expensive, but it needs to be personal.

To be honest, I’ve never had an ounce of whiskey or bourbon. But after having such intense brand interaction with Jim Beam, there is no way the Jim Beam brand won’t be at the forefront of my mind the next time I go into a liquor store to stock up for a party or to buy a bottle of liquor for a friend. And the next-best thing to going to bed with a bottle of liquor cradled in your arms is going to bed with a nightgown-sized 2XL t-shirt from Jim Beam. 

Twitter is turning into a full fledged cultural phenomenon.  Former underwear model and cougar lover Ashton Kutcher is now over 1 million followers and Oprah and Howard Stern have joined the fray.  The New England Patriots tweeted their NFL draft picks this past weekend.  There are no shortage of so called social media experts and consultants publishing lists and posts on how to use Twitter, how to make money with Twitter, Twitter etiquette, etc.  The hype is reaching a fever pitch and a lot of it seems to be marketing people talking to each other.

Here is the fundamental thing we all need to keep in mind about Twitter – it is a media channel to talk to people directly without the filter or expense of a media brand or company.  That’s it folks, nothing more, nothing less.  That being said, we are big fans of owning your own media channel, so Twitter can and should become another aspect of your private media strategy for customers and prospects.

Twitter is a great vehicle for pushing out content to a specialized list of people, and I will distribute this blog to my “followers”.  Please go here if you want to follow me.  Whether you are a B2C or B2B company Twitter is an effective way to engage in an interactive dialog with your customers.  I follow lot of journalists and research companies to keep tabs on them without having to go to their sites directly.   It is smart for your executives to have a presence and be able to get feedback from customers and create a relationship with them.  Stronger personal bonds mean stronger sales for your company. Twitter is a no brainer when thinking about customer retention.  Smart and judicious use of this media channel can be a low cost way to drive sales from existing customers and give your content a broader audience.  For a great example, check out what Dell Outlet is doing to engage customers.

On the flip side, given the 140 character limit, it is much harder to mix business and personal as you can with Facebook.  Many keep Twitter mostly business, and that seems to be the general milieu.   Some people link their Facebook status update and Tweets so they are in sync.  I don’t like this because you should customize your message to your audience and environment, but it seems to be a growing trend.  Additionally, you can wear people out with over posting and will no doubt lose followers.

Twitter has reached the critical mass where it can’t be ignored by marketers, so embrace it as a free private media channel while it lasts.  Give it a shot, talking to your customers is always a good thing, especially when they can talk or tweet back.  Or better yet, buy something.

The big media news here in New England is the fate of the Boston Globe.  The situation now looks even more urgent in light of the dreadful earnings report and cash burn situation the NY Times Company reported this week.  The Times bought the Globe for $1.1 billion back in 1993 before the dawn the web.  They had a couple of very profitable years until the bottom fell out of the newspaper business.  In retrospect, newspapers did what many trade publishers did for a long time – resist the web because selling print ads was so damn profitable.  And, they gave their content away free online to build traffic.  This combination worked out poorly.  Newspapers across the country are closing or in financial peril. 

In 2008, the Globe lost roughly $50 million on an estimated $450 million in revenue (down a few hundred million in the past three years).  That is not easy to do unless your costs are way out of whack, especially labor costs.  The NYT is asking the unions for concessions or they will close down the paper, and I would assume and keep the very successful Boston.com. There has been a lot of finger pointing and looking to place blame. Hundred of comments have appeared in online forums raving about how the Globe’s liberal editorial slant has hurt them with subscribers and advertisers.  I am sure it has cost them some, but does not nearly account for their revenue and profit freefall.

The truth is actually pretty simple, but the solution is not.  In the not so distant past the Boston Globe was a money machine because it had a stranglehold on classified advertising in New England – help wanted, real estate, cars –huge money makers raking in over $100 million annually with high margins.   This cash flow allowed the cost structure to get fat and happy during the good times.  Most of that revenue is now gone to cars.com, monster.com, realtor.com and craigslist to name a few.  Although Boston.com generates high traffic numbers, the CPMs for online ads are a fraction of what they were in print thanks to all the competition and low barrier to entry.  Factor in declining subscription and single copy revenue due to changing consumer behavior and the fact they are giving away all the content for free online. 

To survive the Globe and other newspapers are going to have to start charging for online content – there is just no way around it anymore.  Something has to give, or they will go out of business. Our communities and democracy will suffer without a functioning free press.  Bloggers, pontificating from their cube or basement, are no substitute for real reporters who are digging for stories and holding government and business to task.  It has been conventional wisdom that people won’t pay for content online, but they have never been confronted with a situation where if they don’t pay for it they will have no other option, at least locally. 

If push comes to shove will people refuse to pay $10-$20 per month for an online local newspaper and let it fold?  Or will they realize there is no real difference between paying for a pile a paper and ink dropped at your door and online content.  Many consumers have an emotional attachment to newsprint, but the web version of a newspaper is far superior with up-to-the minute news, video, talk back forums, interactive charts and archives.  Additionally, younger people are just not subscribing to print versions of newspapers, nor will they anytime soon. One issue not easily resolved is access for people without internet access. Perhaps a newsstand only version can be provided that is subsidized by ads. 

The bottom line is the newspaper business needs to start monetizing online content and quickly.  Consumers would rather read online because there is more functionality and marketers are running less and less print ads because they are not measurable.  The writing is on the wall, but is anyone reading?  In this case, living in the past is a fast road to extinction.

I was on vacation in Arizona when my friend Sara, a comedy writer and fellow comedian, sent me an email.

“DO THIS WITH ME,” it read, with a link to the Jim Beam website.

Jim Beam’s recent advertising campaign, shown ad nauseum on TBS during Celtics games, flashed through my head. They wanted users to create and submit their own videos, either inspired by or a parody of, the commercials. Sara was going to write a script in which I would get to parody the gorgeous girl who says she likes her man “a little bit hairy.”
I slammed back the remainder of my ice tea and replied, “Hell yes!” 

For comedians and humor appreciators of all persuasions, sites like Funnyordie.com and CollegeHumor.com are becoming an increasingly popular place to watch video creativity in action. It’s like an oasis of laughter in a web crowded with depressing political commentary sites and stay-at-home mom blogs. Besides being a great way to get exposure, it’s also a way to connect people across the country. And lately, corporate America has been starting to use user generated media to their advantage, too.

From Ragu’s “Great American Family” contest to the Brooks running shoe contest, companies are saying to their customers, “Hey! We value you! Come be a part of this with us! It’s fun!” On our commercial parody production team, we studied the original commercials, talked about effective ways to represent the Jim Beam brand, and forced our friends and families to watch the submissions as they rolled in. What better way for a company to build community, engender brand loyalty and market virally, all at one time? Customer retention happens when you make your customers feel like a part of your brand. And if you listen close enough, what your customers are saying can probably help you move in the right direction in the future.

It’s working for Jim Beam. They had hundreds upon hundreds of video submissions, ranging from brilliant to disturbed. (To the man whose cat inexplicably ate his wig during the video—I just want you to know your lingerie was really classy.) One guy even built a Facebook Fan page to advertise that he had entered the contest. Talk about word-of-mouth and social media in action! 

And as for our submission…well, we didn’t make it to the finals. Maybe it was because my character barfed into her purse. Maybe it was the mature lady mud wrestling. We’ll never know. But I do know that next time I throw a party, I’m buying some Jim Beam.

I recently participated in an interesting project as one of 100 marketing authors to contribute to a book called Project 100: Marketing in the Social Media Era.  This is a topic that is relevant to anyone in the marketing profession today.  Social media is about two way conversations, interaction, story telling and authenticity.  It is having your own private media channel to talk to your customers and prospects without the filter of traditional media. 

The project was the idea of Jeff Caswell who recruited the authors and produced the books.  One of the best aspects of this project is that all profits will go to Susan G. Komen for the Cure, global leader of the breast cancer movement, with a goal of raising at least $5,000. 

Please check out the site and consider purchasing a book for only $19.95 to get 100 unique opinions on social media marketing and make a donation to an important cause at the same time.

Magalogs – catalogs that include elements of both editorial content and story-telling through design – help traditional catalogers build brand affinity and connections with their customers. To see an example, click here for a magalog King Fish created for PC Connection aimed at their small business customers.  Retailers are recognizing the benefits of this approach, and are morphing their print to better serve customers, showcasing products in far more engaging environments. And to further demonstrate effectiveness, magalogs are also becoming digital versions, where customer shopping, referral behavior and site interaction is measured for true return on investment. Savvy marketers are starting to use this platform – and there is no reason not to – all retailers should. Build affinity, enhance shopper experience, and track results. That’s a recipe for job security.

They key to a successful magalog is producing the project with a team of creative and marketing-types that understand how to incorporate the elements that result in measurement and increased affinity. There are several applications that improve both measurement and sell-through, so be sure your content provider has a solid knowledge in these areas. A media investment should be accountable and measurable, and when executed properly, magalogs can be at the top of the ROI food chain.

Check out this article: “Why Advertising is failing on the Internet” written by Professor Eric Clemons of the University of Pennsylvania.  He makes a case why an ad supported business model may not work over the long term on the Internet.  One of his main themes is that pushing messages at consumers on the web is not a winning combination.  Below is a excerpt:

“Pushing a message at a potential customer when it has not been requested and when the consumer is in the midst of something else on the net, will fail as a major revenue source for most internet sites.  This is particularly true when the consumer knows that the sponsor of the ad has paid to have this information, which was verified by no one, thrust at him.  The net will find monetization models and these will be different from the advertising models used by mass media, just as the models used by mass media were different from the monetization models of theater and sporting events before them.  Indeed, there has to be some way to create websites that do other than provide free access to content, some of it proprietary, some of it licensed, and some of it stolen, and funded by advertising”

In addition he thinks that ads will fail because of the following:  consumers don’t trust ads, nor do they want them.  And, they don’t use advertising for research on the web since there are so many other sources of information available.

He goes on to talk about some models that may work, but I think the critical point is that marketers can’t rely on concepts and tactics that worked off line by merely porting them online.  It makes more sense to build a relationship of trust with customers and prospects rather than jamming advertising at them.  Additionally, marketers should take advantage of the fact that people use the Internet to search for content and information.  Unlike magazines where people browse passively, the Internet is interactive and active. 

It is that dynamic that makes the web ideal for content marketing and private custom media channels.  Talking directly to consumers with relevant content provides them with information and builds trust.  When marketing on the web, content marketing is a better tool to engage consumers than pushing out advertising.

GM is back in the news asking for more loans and giving the government its plan.  President Obama doesn’t seem like he has much sympathy for their history of bumbling and mismanagement.  Neither does the public, Gallup just released new data that says 72% of Americans are against giving GM and Chrysler additional bailout money.  The sentiment is broad based across all demo groups. If the economy was good, I could see Obama saying no to more taxpayer money.  However, given the delicate state of the economy, the President is giving them a shot at redemption.  You could fill a book shelf with the collective mistakes of both management and the UAW, but I’ll focus on marketing and illustrate how the US auto companies, particularly GM is stuck deep the world of old media.

One of the most memorable experiences of my career was an attempt to sell auto advertising into PC Magazine in the late 90’s.  I was PC Magazine’s marketing director, and King Fish President Cam Brown was then the Associate Publisher.  We made it our personal mission to break the category so off to Detroit we went.  PC Mag had great demos of high income male gadget/tech geeks who loved the magazine and spent two hours reading each issue.  This was the perfect audience for Detroit and back then we had nearly 7 million readers and a circ of 1.2 million.  However, we were lucky to get 15 minute meetings with young and clueless media planners who only cared about two things. The pubs ranking in syndicated research and how much merchandising they could squeeze out of your book.  And, they made it clear that it was very hard to get on a plan if you were not already getting space. 

It is hard to do justice to what a bizarre world it was, not to mention that the depressing city revolved around keeping things exactly the same.  The media planners couldn’t get over the “environment” of PC Magazine.  They were running ads in every special interest pub measured in the JD Power study but they could not wrap their heads around the idea of their unimaginative ads appearing next to a technology review.  We could almost never get by that hurdle.  We did sell a few programs (Jeep, Ford) but more often than not, no one was interested in even exploring a new idea.

When driving around the Troy/Detroit metro area you could sense that one day the jig would be up and the whole system would come crashing down.  They were spending hand over fist for print and TV advertising to promote uninspired cars that people didn’t want to buy.  While at the same time they were overpaying everyone involved and locking themselves into insane union contracts that make GM more of a healthcare provider than car manufacturer.

Take a look at the latest research I could find on eMarketer from this summer.  We are in the new media age and GM has barely changed their spending mix.  Interactive spending is up, but still a fraction of TV. The vast majority goes to the rented media channels of broadcast and print.  It is common knowledge that most people start their auto shopping online, yet the overwhelming majority of their spending is on television.  The government is going to ask them to change some of their business practices in return for bailout money.  Maybe Mr. Obama will come across this blog on his BlackBerry so in part II I’ll have the audacity to tell GM what they are doing wrong and to fix it.

I am stating the obvious, but 2009 will be a rough year for the Face to Face events business – from trade shows to custom events to conferences.  I have been hearing about cut backs and cancelations from colleagues for months, and then saw this cover story in the New York Times on Vegas.  Business is way down in Las Vegas, arguably the convention and conference capital of the US.  Over 30,000 hotel rooms canceled last month as many shows have postponed or decided to cancel.  At last month’s Super Bowl the famous Playboy party was canceled.  They said a lavish party seemed inappropriate given the economy but I would wager that the only thing that was inappropriate was the lack of sponsor dollars to fund it.

The costs associated with live events makes them easy to cancel during a recession and that is really too bad.  Live events are one of the best lead generation tools available and they do an equally great job with customer retention.  The powers of events are enhanced when they are paired with original and compelling content created for the target audience.  However, event’s benefits come with a high cost per lead due to the fixed costs of running a first class event.   While there is no substitute for personal contact with a prospect or customer, there is another way.

Webcasting has been around for over ten years and is an established lead gen tool being used widely in the B2B world.  The Virtual Show or Virtual Trade Show is really picking up steam this year.  They have been around for a while now, but seem to be reaching a critical mass especially in the technology and life sciences markets.  If you are not familiar with them here is a definition from Wikipedia:

The structure of a typical virtual tradeshow often includes a virtual exhibit hall which users enter with specific permissions and capabilities, to either attend and view virtual trade show displays in the exhibit hall or build virtual booths to exhibit information related to products or services on offer, just as they would at a trade fair in a convention center. The virtual tradeshow may have other components such as a virtual web conference, or a web seminar or a webinar, or other educational presentations. The virtual show thus results in live interaction between all the users on many levels (one-to-one, one-to-many and many-to-many) and simultaneously. Detailed tracking mechanisms allow organizers to determine the flow of traffic in the virtual tradeshow.

Because this is online you get incredible data on the visitors and the actions they take during the show.  This allows you to segment and score your leads before you feed them into your lead nurturing programs.  And, your sales people can interact with prospects online during the show.  ON24 (King Fish is an authorized reseller) is one of several companies that provide a virtual show platform and they did some interesting research on the growth of virtual shows.  They surveyed 10,000 enterprise executive who reported that 53% of their companies have begun using virtual events and 23% plan to start using them this year.  The majority of these companies are also reporting that they will be decreasing their use of trade shows and physical sales meetings and training events.

If your company is struggling with your live events strategy it is worth exploring a virtual event.  Be aware, it is a large undertaking with project management, selection of a platform, content creation and audience development all playing a big role in your plans.  However, the rewards will be worth it when you start filling your sales pipeline with warm leads at a lower cost per lead (CPL) than a live event.

One of the consequences of the new media landscape is the marketing discipline of online reputation management.  This has always been an issue, but with the popularity of social media it has reached critical mass.  I recently came across a story that illustrates how ordinary people can harness the power of web 2.0 tools and make life very difficult for a company or individual.  Last month while flipping channels my wife came across a show we have never watched – Wife Swap.  The premise is wives from diverse backgrounds are switched for the purpose of mining entertainment from differences in attitudes towards housework, child rearing etc.  They’re generally from opposing social and political strata to create conflict and comedy, and this one was off the charts. 

One family was from Missouri and Middle America.  Their dream is seeing their oldest boy win a paintball scholarship, though I can’t believe it actually exists.  The “snobby” family was a pair of insufferable cultural elites from San Francisco who reveled in being environmentally correct and having a “World View” whatever that means.  The husband, Stephen Fowler, is possibly the vilest person ever to grace American TV.  He is a Brit who lives in the US of A to help us see the errors of our way.  Stephen (wearing a shirt that says “Sustainability”) was mean and cruel to the wife from the Midwest to a level that was almost unwatchable.  For more background check out this news video from San Francisco’s ABC affiliate. 

I watched to the end because I wanted to see this loathsome man get his comeuppance, and I sorely disappointed. It just ended with him and his wife (who said she was not proud to be American) being their usual smug and condescending selves.  I forgot all about the Fowlers until I read about the furor that this story caused in the Bay area and across the country.  Outraged people took to the web/social media networks and started making life difficult for the Fowlers.  This web site (stephenfowlersucks.com) became the hub and you can read about how their business and personal lives took a hit.  Stephen tried to apologize but it was too late, even though he was “deeply” sorry.  He had to resign from boards and his wife’s business, which they were promoting, was damaged.  It’s a reminder that things live forever on the web and once something goes viral, it is out of anyone’s control.  The internet is still the Wild West when it comes to digital rights and reputation management. 

All you need to do is flip through the comments section of any news, political or entertainment site to see public people being bashed by anonymous posters.  It is a real issue for companies who are seeing complaints about them rise in Google searches.  When people are angry today they take to the web and create a permanent record of their grievance than can be found by any customer or prospect.  I have had my challenges with Comcast cable so I typed “I hate Comcast” into Google and found almost 11 thousand exact matches.  And came across the charming site named comcastsucks.org.  That can’t put a smile on the face on their CMO. 

Monitoring your online reputation is something all marketers need to take seriously and it should be part of someone’s job responsibility.  That person needs to keep checking search engines, blogs, Facebook, twitter etc.  If possible you should reach out to the aggrieved person and try to resolve the conflict or at least try and show that there are people behind your logo.  Angry consumers often strike out against companies because they feel powerless and that no one cares about them.  It seems simple, but show you are listening and start an interactive dialog with your own blog or Facebook/Twitter account.  If there is something nasty being said about your company on the web, you want to know about it before your CEO’s son or daughter tells him about it. 

The current growth rate of Facebook continues apace, passing 100 million world wide users.  The growth is being fueled by both non-US users and the stampede of people between the ages of 25-55 who are jumping into the mix in huge and fast growing numbers.  Much of it is driven by professional needs, but the social needs are just as strong.  As the job market softens, it becomes imperative to network and keep in touch with past colleagues.  Also, to promote yourself and let people in your industry know what you have been up to for the past few years.  Having a Facebook account is a “must have” for those of us toiling in the media and marketing business.

We are firmly in a new world where our personal and business lives are combined, intersected and merged.  Even our young President has a Blackberry, and I heard him refer to the White House as a home office in jest.  Think of the Seinfeld episode where George does not want his girlfriend and friends to spend time together, because World’s Collide.  I feel like that on Facebook when “bawdy” Gordon exchanges ribald jokes with High School and gym friends in the same place where I dialog with clients, vendors and co-workers.  I try to be mindful of it, but others let it fly.  If you are going to wade into Facebook you have be tolerant of the torrent of trivial status updates (Fran is baking cookies, Leon is heading to Home Depot, Calvin needs coffee before writing a report) and ones that are there to self promote and sell. 

I have learned that given the ideological bent of the media world, it is best to leave politics off line, lest you want to receive a diatribe on the evils of George Bush or climate change (what global warming is called in the winter).  Like any platform or forum there will be those who abuse it and become serial “frienders”, just looking to pad their total in some odd ego affirming exercise.  Another form of abuse are over-posters who constantly regale their friends with political views, favorite articles and songs and generally clog up the works by assuming that there are hundreds of people who care about their every thought.  Take my advice – de-friend them.  I have done it a couple of times, it is cleansing

Now that everyone is here the question is – how best to use this powerful tool.  At this point no one has any firm answers but I do think it is valuable venue for marketing.  We’ll explore your company on Facebook in the next posting, but it is certainly worthwhile for individuals.  Facebook creates your own private media channel to the world.  You can chose to communicate one on one, to a specialized group or in mass.  It is a method to get the word out about events in your personal or professional life.   It also allows you to grow closer to people you don’t see or speak with on a regular basis.  I have found the ability to post links an effective way to get out the message about some interesting things we are doing as a company.  Facebook also gives us a targeted distribution channel for our blog and other content we create.  One of the main tenants of private custom media channels is the ability to speak to your permission based target audience with content in an environment where they will be receptive.  Facebook enables you to have an interactive dialog with your audience.  Social media has great promise as a marketing tool and right now we are all pioneers.

Over the past few weeks I have had the pleasure of appearing on a few radio shows to talk about the new media landscape.  It is important to look at these changes from the point of view of media consumers and how it affects marketers.  A common theme is how technology has empowered consumers to be in control of their media choices in terms of timing, format and platform.  This dynamic has changed the business model for traditional media companies especially in print and broadcast.  An equally important theme is the drive for measurability and accountability from marketers.  In a down economy, marketers are even more obsessed with return on investment and making every cent count.  These are themes we will be exploring in depth in 2009.

Please click the links to listen to the clips

December 22 – Indianapolis morning show with Pete the Planner, a well known financial planner from Green Candy.

January 16 – Houston National Public Radio

January 27 – KFUO morning show in St. Louis

January 30  - The Small Business Advocate with Jim Blasingame, small business expert

Cam Brown, President
King Fish Media

2009 will feature the greatest redirect in marketing approach that the media industry has seen since the explosive growth of cable television (and its subsequent usage opportunities that caused planning confusion in the 1980s and early 90s) . Looking forward, savvy marketers will broker deals with media companies not for reduced page rates or air time, but for their subscriber list – the more selects available, the better. Media companies will re-structure their sales teams, reducing the workforce of 30 and 40-something reps and elevating the most insightful marketers.

This new staff will gain immediate credibility with advertising partners who will not view them as yet another new face pitching the same old story, but as a strategic marketer identifying the most targeted database possible from their circ files, and guiding the best practices for usage of that file. The story of targeted efficiency over reach, and reduced top line advertising revenue in exchange for a smarter, more collaborative client relationship, is the story of 2009 and beyond.

Gordon Plutsky, Director of Marketing
King Fish Media

Custom Media, across all platforms, will be one of the few areas that will grow in revenue in 2009 thanks to two important trends:

    -  Companies becoming publishers and producing their own content to talk directly to customers and prospects.

   -   The need for more measurable media and high ROI during a recession.

The continued growth of web casting, virtual trade shows and online video will take a significant chunk of revenue from trade shows and live events during 2009.

The decline of the US auto industry will result in huge cut backs in print advertising from the big three, and several magazines will close as a result.  Local TV stations and newspapers will see big decreases in ad revenue as car dealerships close after GM kills Buick, Pontiac and Saturn and Ford also pares brands as part of a government bailout.

Several IT publications will follow the lead of PC Magazine and abandon their print issue to reposition themselves as online and events brands.  They will thrive once all the print overhead is removed.

Facebook will explode and become a “must have” for professionals in 34-54 age group who will continue to blur the lines between personal and business life.

The big television networks will continue to become less relevant in the lives of Americans as they spend more time on niche cable networks and social media sites.  The 2009 fall season will produce zero new hits.  The continued penetration of DVR’s will further erode their advertising base and they will have to make major cutbacks.

A major US daily newspaper will fold its print edition and go digital only.

Sarah Palin will write a book about her experiences during the 2008 campaign.  She will get a giant advance and it will go to #1 on the New York Times Bestseller list much to the dismay of New York Times.

American Idol will see a strong decline in ratings - over commercialization and bland contestants killed the golden goose.

Kathleen Martin
RocketComm

The markets will continue to ride the roller coaster through the third quarter. Big business will continue to contract but there will be explosive growth in small service firms and mid size companies. Contracting will be the norm versus traditional company employment.

Social media will continue to grow and the challenge in 2009 will be how to manage the scale and depth of your social networks and leverage the various media options for maximum return. As customers accept the flashing boxes on the sidebar and scrolling headers the media agencies will be looking for new ways to gain not only mind share but retention in a non-retentive environment.

I also think Elvis and Marilyn Monroe have a pretty good chance of being invited to the inauguration and we will see another Kennedy in the senate.

Joe Pulizzi
Junta42

More and more media companies will shed unprofitable titles in certain verticals to stay profitable and solvent. This will open up opportunities for corporate brands to become the content providers for those industries.  I wouldn’t be surprised if you started seeing corporate brands with some cash in the bank buy out small, niche media properties as they work to build out their content strategies.

Traditional media spend will continue to drop as corporate marketers will lean on web statistics for ROI. Marketers will take half of what they are pulling out of traditional and spend on content-driven activities, social media, and other more “experimental” media. Some “forward-looking” brands will see an opportunity to go back to targeted print activities, such as custom magazines and customer newsletters, to differentiate themselves from the barrage of email marketers. 

 What are your predictions?  Send them to gplutsky@kingfishmedia.com and we will post them or leave a comment. 
 

I just came across some data that shows for the first time in seven years, B2B trade show revenues declined, by 3.7% in the first three quarters of 2008 (source: ABM).  Of course, most people point to the recession as the reason – cut backs in both marketing expenditures and travel restrictions.  Surely, these are a factor, but not really telling the whole story.  It is more than coincidence that webcasting and virtual trade shows are a hot commodity and growing.  According to Frost and Sullivan the webcasting industry was worth $83.3 million in 2007 and is set to grow more than 28.2%. By 2014, they predict it to be a $3.4 billion market.

It is easy to see how cutbacks in travel can help webcasting, but that is just a small part of why it is growing.  Webcasting is one of the best lead generation mechanisms, if not the best, available today in the B2B world.  When someone attends your webcast they are raising their hand and self selecting themselves to view your content and message.  They are committing nearly an hour of their time to your message – the ultimate in content based permission marketing.  Additionally, you get incredible reporting data to know specifically who the prospects are and what actions they took during the webcast which often lets you know where they are within the buying process.  And, if you choose a live Q&A session, you can interact with dozens of potential customers in a personal dialog.  All of this comes at a pretty modest cost compared to traditional in person tradeshows. 

As someone who has once had the pleasure of managing their company’s trade show presence, I can tell you it is a very expensive operation.  The whole operation is designed to separate you from your budget – the space, the booth itself, power, T1 line, staffing, carpeting, plants, shipping and dealing with unions and their rules and rates.  All for the pleasure of standing in a tacky booth waiting for people to come by looking for free stuff and engage you with small talk.  The quality of leads of people who happen to amble by your booth can not compare with someone registering and attending your webcast – and engaging with your content. 

In many industries trade shows have an important role, but at what cost.  Buyers prefer to get content at their desks and marketers want a high return on their lead gen efforts.  Both of those trends point to the reason why webcasting is one of the fastest growing B2B marketing vehicles and it should prosper during tough economic times.

Some very interesting new data out from emarketer this week.  Several large investment banks and media analysts are predicting a significant drop in overall US advertising in 2009.  That is not unexpected given the recession and the lack of a presidential election and Olympic Games in 2009.  The big story in these numbers is the change in share of specific types of media in US ad spending.  The traditional methods of broadcast (TV and radio) and print (newspapers and magazine) are on the decline while the internet and Custom Publishing/Custom Media is on the rise.  The reason is simple - measurability.  Marketers are shifting their dollars to places where they can measure the return on their investment in addition to having control over the environment.  Additionally, Custom Media is ideal to talk to your current customers in addition to prospects with specific messages for each.  Print and broadcast does not give you the ability to target customers vs. prospects nor does it give you a measurable return.  Telling your story with custom content is a much better way to build a relationship with customers than blasting ads at them when they are watching TV or reading a newspaper. 

For the cost of a couple of ads in a major newspaper or during a prime time show you can create a quarterly custom magazine, or a custom web site or a series of live or interactive events with your own content.  It is a decision more and more companies are making. 

If you project current trends, it is easy to see how by 2013 the internet and custom media will be the two most popular marketing vehicles available to companies.  It is not hard to understand why media companies heavily dependent on print media are having fits trying to change their business models.  The latest is the development is about Newsweek who is currently losing money.  They plan to slash their rate base, keep ads dollars up, abandon news and become more of a thought leader publication.  Name me another magazine that pulled off that kind of rapid and radical transition.  My guess is that by this time next year, they will be losing more money than they are now.  It is not about the circ or the edit mission, it is about smart money moving away from print advertising to interactive and custom media and there is nothing Newsweek or anyone can do about that.

I covered lead gen in my latest posting on Online Marketing for Marketers .  Specifically, I wrote about cost per lead (CPL) online lead generation for B2B marketers.  At King Fish we use it often as a tool for driving registrants to webcasts and virtual trade shows.  Here is the posting:

The need for ROI-based online marketing will be ever greater in 2009 as financials types will be scrutinizing every marketing dollar and looking for cuts.  As I’m sure you know, marketing is one of the first to get some budget shaving—but of course your sales people are still looking for fresh leads in the pipeline and they’re expecting you to help.

If you have not fully embraced online lead generation and cost-per-lead (CPL) programs now is the time.  The era of email list rental and blasting as an online lead acquisition tool is nearing an end.  The vast majority of your outbound email winds up in spam boxes or get deleted.  Media (both print and online) companies have had it good by renting email names at high rates and guaranteeing no results.  It is time to ask them to do business in a new way.  Ask them for CPL programs so both parties have skin in the game, and you will guarantee yourself qualified leads from your online efforts.  It will likely cost more at first, but it is worth it.  Almost all of the big players in IT media are doing online lead gen, and doing it well.  The CPL model is starting to make the move into non-tech B2B media.  Here are a couple of tips we have found to be successful using online lead gen/CPL to generate qualified sales leads for our clients:

1. It works best when taking advantage of the relationship potential customers have with a web site and/or media brand.  You get the affinity and halo effect, so choose leading media brands for your efforts.

2. Use content as the offer – interactive events and webcasts work very well as does downloadable white papers and interactive ebooks.  Make it worth the prospect’s while to give up their name and email address and start to build a permission relationship.

3. Use third party independent content if possible, especially research that is not generally available.

4. Use strong filters by using landing pages with specific questions to get only the selects you want.  It could add cost, but also worth it to give your sales team a more qualified leads.

5. Track the results closely and keep in close contact with the media company on the volume and quantity of the leads being generated through online efforts.

Moving your online lead generation efforts to a CPL model will generate significant higher returns in the long run and keep your sales pipeline full during a challenging year.

We are heading into the holiday buying season and Black Friday is upon us.  I have a great suggestion for you to do your shopping and contribute to an important cause.  A good friend, Linda Kuehn, has created a site called “Click to Cure ALS”.  She is doing her part to battle a terrible disease that has stuck close to home.  Linda used her marketing and web skills to create a shopping portal with tons of terrific online merchants.  The best way to describe it is from the “About” page on the site:

Click To Cure ALS is a shopping portal built for the purpose of raising money in the fight against ALS (Lou Gehrig’s Disease).

All you have to do to help is simply visit this site, click a link or an ad to go to the store where you want to shop, and then shop as you normally would. It does not cost you anything and you don’t pay a premium when you use this site. As a matter of fact, you’ll find plenty of money-saving offers when you visit us!

When you click from this site to an online store and complete a purchase, we’ll earn a commission from our participating merchants and donate the profits to the ALS Association and Project A.L.S.

There is no extra cost to click through to sites you would be going to anyway via the magic of affiliate marketing.  I plan on using the site during some down time over Thanksgiving.  There is nothing better than having a drink or two and setting yourself loose on iTunes.  It is always fun when the bill comes.  Linda has put together a nice variety of sites and you may discover a new one such as Kosher.com.  Now I can have Kosher Bison delivered right here to Salem, Massachusetts.  The wonders of the internet never cease.

Give it a try and help to fight ALS.

Happy Thanksgiving from the King Fish Think Tank team!

Are you a subject matter expert?  A subject matter expert is the “go-to” person for their customers and social network contacts.  These experts are seasoned professionals with references and a portfolio of proven success.  Subject matter experts get the customers, win the bids and are answering the phone rather than cold calling.

Interested in being an expert?  Then begin thinking like one.  An expert by definition is “having, involving, or displaying special skill or knowledge derived from training or experience.”  In other words if you can demonstrate that you know more than most and are recognized as a leader within a community you are an expert.

In the 1980’s it could take you years to establish yourself as an expert.  With today’s social networking communities you can be recognized almost overnight.  Let’s look at two communities and how to position you and your business as leaders.

LinkedIn:

LinkedIn is established to be a business networking community.  You have the opportunity to ask questions, answer questions and participate in discussions.  The more time you dedicate to positioning yourself the more you will differentiate yourself.  Include links to your sites (blogs included) and where possible share your books or white papers on the subject.  References also speak volumes.  Anytime you can say “don’t take my word for it, read what my customers think” the more credible your opinions and suggestions become.

You can also join “like-minded” experts on LinkedIn.  These are small groups inside of the larger community that often focus on a discipline (e.g. marketing, sales, recruiting, human resources, or accounting) or on a specific interest (e.g. events, public relations, consulting).  Groups are reflected on your profile and allow people to see your affiliations and interests.

Facebook:

Facebook is different as it was set up as a social site.  Both business and personal intersect here.  You can establish multiple Facebook pages that focus on your business and on you as an individual.  You can choose to combine it all into one page.  Post notes that include article leads with links as well as highlights from your latest activities.  Changing your status to include information on where you are speaking or a presentation you may have posted will drive others to review your work.  You can cross link both Facebook and LinkedIn driving your audience from one site to the other.

There are many other sites that work much like these two (Plaxo, Namyz, MySpace).  It is possible to stretch yourself too thin with social networks.  I recommend you pick two and really focus your efforts in developing your message through your profile, references and participation (e.g. status updates, Q&A). 

The path to being an expert is clear: a well developed profile, references from your customers, participation in online discussions and building a following of contacts who are looking to drive business with you and for you.

I am sure that by now you have perfected your “about me” and “profile” pages on all of your social networks.  You have opened yourself to networking outside of your known circle and you are sending personal notes when you extend or accept invitation.  Your network of contacts has grown from hundreds to thousands of business professionals.

During this process you may have noticed that a large number of both corporate and private recruiters are looking to connect.  Recruiters are by nature active networkers.  They understand that they may meet the next great hire directly or indirectly through their network. Recruiters are experts at turning their contacts in leads.

So how do you do this?  I recommend three easy steps:

1.  Open a conversation with each of your contacts.  As I previously mentioned I respond to each invitation with a personal message.  I do have a form message that I personalize based on the profile of the individual.  I do the same with invitations.  I share what I do and what I am looking for.  I always ask for the business.  I am networking to grown my business.

2. Have “free” items available.  White papers, links to your blogs or anything that will share your expertise with the potential lead.  This is a validation process for them.

3. Set telephone calls to follow up individually.  I may spend 4-5 hours a week networking on line, but I spend an additional 8-9 hours in follow up calls and sending out information to prospective clients.

LinkedIn has added discussion functions to each of its groups.  You can send out a question or even a specific job request to the group.  This is also an excellent place for you to answer questions and position yourself as the expert in a specific area.  If in responding to a question you see an opportunity to ask for the business I often choose a “private reply” versus and open posting.  This allows me to contact the individual directly and share with them the benefits of my company and how I can assist them with their specific question or need.

Ready to jump offline and add an in person social networking option?  I recommend BNI . BNI offers everyone an opportunity to grow their business through referrals.  I use BNI to supplement by Facebook and LinkedIn communities and increase my local area leads.

Careful feeding, watering and farming of your contacts can turn your social network contacts in leads and revenue for your business. 

I’d like to introduce a new contributor to the King Fish Think Tank  - Kathleen Martin, CEO, RocketComm.  Kathleen is speaker, presenter and marketing professional with a track record for producing programs that generate revenue and exceed goals.  I have known her for several years going back to when I was running a marketing department for a traditional media company and she was a customer in her role as a communications manager for a Fortune 500 technology manufacturer.  Kathleen was one of my favorite clients because she is a master at using both new and traditional media to create ROI driven integrated solutions.  Now as CEO of her own company she is spreading her knowledge and experience with the world. – Gordon Plutsky, King Fish Media.

Driving Business Through Your Social Networks

I love to network.  I think I have been networking since I was in the third grade and introducing people to other people and looking for who had what in their lunch and who was looking to trade.  I am a bit older and I rarely find people looking to trade lunches, but I do find leads for my business and others through social network sites.   Networking online allows me to work a much larger lunch room and I make money versus Hostess cakes.

I have about 2400 contacts in my LinkedIn community and there is a fair amount of discussion on how to use LinkedIn or any social networking site to drive leads and increase your business.  I recommend that all users following five simple steps:

Understand the rules.
Social networks come with their own rules.  Be sure you understand what is acceptable in your communities.  On LinkedIn if you send an invitation to someone and they list you as “do not know” you will be unable to openly network without emails of the people you are trying to contact.  On Facebook not all of your discussions should be posted to walls, some require contact to contact messages.  You can often look at discussions posted online or in the FAQ section.

Build your profile as if you are building your website.
On LinkedIn your profile is not only a personal resume, but a resume for your business.  On Facebook you are walking a thin line of family, friends and business.  You can choose to have a personal page and a page for your business.  Keep an eye on what pictures you post on Facebook.  I cannot tell you how many small business owners loose business based on a picture they posted on Facebook (the holiday Christmas party should not be an open posting).

Start with the network you know. 
On LinkedIn you will need to just type in names in the search bar and request connections, on Facebook you can import your contacts from most webmail applications.  Add a personal note to each invitation.   Your note should include a short introduction from you, why you want to add this person to your network and why they should link to you.

Grow your contacts through open networking.
Move to the community that is available to you through your contacts.  On LinkedIn you can join the open networker groups (there are at least three) and you will receive invitations each time the new “invite me” list is shared.  On Facebook you can request anyone to be a friend, but the best way to grow quickly is to ask your friends to suggest contacts for you. 

Always ask for the business.
Anytime someone accepts your invitation or you accept theirs, follow up with a thank you note.  I suggest that you include not only your thanks, but what you are looking for business wise and ask what you can assist them with.

Wondering if it works?  I have driven more business in the last month through my LinkedIn contacts than I did on my last two direct mail campaigns.  By communicating in a personal manner both at the time of the invitation and when an invitation is accepted you create an active network.  Active networkers are open to growing business and will share leads with you if forward leads back out.   Next time we will discuss how to turn these conversations into active business.

Dear Steve Schmidt, Chief Strategist McCain Campaign,

After watching Sarah Palin light it up against Biden and draw huge crowds this weekend, I feel compelled to give some you marketing and media advice.  Love how you energized McCain and pulled ahead after the convention, but it has been all down hill since then.  The bail out timing was a bad break, and no matter what happens now it is Bush’s fault and by association McCain’s.  That may have been a tipping point in a year that should be a Democratic layup equivalent to Carter’s post-Nixon/Watergate win.  The RCP poll average has you down six, but the numbers have been volatile and may not be that accurate.  You still have a chance, time to take the gloves off and hand the ball to your point guard – Sarah Barracuda Palin. 

Your media missteps nearly killed your hottest brand, but it is not too late to salvage it with a new custom media approach.  What you have pulled off so far is impressive. As Alaska’s Governor she had no reason to be expert on issues such as internal Iranian politics, nuclear proliferation and Wall Street regulation.  You had five weeks to prepare her to debate a guy in who has been in the Senate since 1973 in front of 70 million people and you did a decent job.  However, you messed up the press relations and almost sunk her (and your campaign) by feeding her to the mainstream media on their terms.

What were you thinking?  I admit I may have given the interview to Charlie Gibson, who knew he would be a condescending ass? However, feeding her to Katie Couric was criminal.  The entire concept of network evening news is old school and a relic.  It has not been relevant or important since the 80’s.  In today’s media landscape, the consumer is in control and news is a commodity that is available on demand, 24/7 on any platform. The idea of influential people sitting down to watch 22 minutes of news at 6:30 every night has gone the way of parachute pants and knit ties.

Let’s face it, the mainstream media (MSM) is in the tank for Obama and has shown a willingness to do his dirty work by attacking McCain and Palin.  What possessed you to give into them and send Governor Palin to be interviewed by a woman who is floundering with horrible ratings and is on the verge of being fired?   Couric’s back is up against the wall and you gave her a chance to matter again – and you gave her complete control over content, camera work and editing.  You made people talk about Saturday Night Live again for the first time since the days of Eddie Murphy playing Gumby, damn it. 

Did you cave from the pressure of the MSM?  Did you actually take them seriously when they said it was the role of the media to vet candidates?  I don’t recall reading that in the Constitution.  The coastal liberal elite think that people in flyover land are too dumb to decide for their own, so it is their responsibility to decide for them.  They decided this one back in January, ask Hillary.

Here at King Fish, we have a philosophy called Private Media.  You need to own your own private media channel, not rent the old one from the MSM.  I suggest you create the Sarah Palin channel, to talk directly only to the voters that matter – swing voters in the key swing states.  Forget the traditional media of the networks and print media; you don’t need them – not a bit. They are losing significance and influence in the lives of Americans.  It is not coincidence that the networks and newspapers are the ones whose business models are most under attack.  You can get better marketing ROI handing out flyers in front of Penn Station than advertising during NBC’s new shows (hey, let’s remake Knight Rider).  The New York Times and its junior varsity team The Boston Globe have turned themselves into daily Obama campaign bulletins.  Is it any wonder their profits and stock price are declining?  The Times is cutting costs, sections and staff while losing what was left of their objectivity.

It is time to keep Palin away from these faltering outlets and have her talk directly to voters.  You will take heat for this strategy.  A hue and cry will come from people in NY, Boston, and LA who mock and hate her.  Who cares, let the NPR crowd stew over their soy lattes; you have already lost those states.  Focus on your target market – swing voters in swing states who identify with her and feel she is “one of them”.   Let the voters decide on Nov. 4th and let the chips fall where they may.

You are sitting on a pile a of cash, so buy up half hour time slots in critical local market to run infomercials and promote the hell out of them.  Create the shows as town halls where people can see Palin speak directly to voters with no media filter.  Embrace social networking to a much greater extent than you have – go viral with web video in a big way.  Enlist word of mouth marketing with PTO groups and churches in Middle America. Try some live streaming video web casts with Sarah where she can answers question directly from voters, and not from agenda driven members of the media. 

The game is well into the 4th quarter, put the ball in her hands and have her attack and bust the zone.  You can’t wait for Obama to make a mistake; he won’t, he is too good a politician.  Have her hit him hard on Ayers, taxes, and “the white flag of surrender” in Iraq.  Sarah Palin needs to take her message directly to the right voters and forget about traditional media.  The web, live events, you tube, email and word of mouth will be your media vehicles.

It still may not be enough since it seems that a slim majority of American are ready to cast their lot with Obama because he is a blank canvas to where they can project their hopes, dreams and fears.  Look on the bright side; if you and Gov Palin (or Gov. Jindal or Gov. Pawlenty) takes him on in 2012 you will have an actual Obama record to run against instead of slogans and promises.  No matter what happens over the next four years, good or bad, you can hang it on him.  It may be fun to take the easy route, it has been for Obama.

I feel like the guy at the gym with a giant walkman instead of an IPOD.  Or the weird co-worker who doesn’t have cable TV.  Yes, until this week I was not on Facebook. I am not a total stooge, and am quite active on Linked In and really enjoy it.  I was under the mistaken impression that Facebook was not for business.  I was pretty wrong – just about everyone on my Linked In list has their own page.  At the urging of several marketing colleagues and my super terrific PR agency I took the plunge.  I have spent the last few nights at home reaching out to friends and business associates and fooling around with the site.  It is a world onto itself.  Linked In is a somewhat spartan, no frills all business site.   I spoke with someone recently who told me it is one of her best sources for leads.  It does the job but kind of dull – like a Toyota Camry.

Facebook is a strange mix of your personal and business life.  I am not totally sure I like that, but everyone else seems to be having a grand old time.   There are two ways that personal and business mix.  First, I have business contacts mixed in with people from my personal life – in my case from my gym (North Shore Cross Fit has it own group page) and some friends and family.  Secondly, the site gives you the ability to express yourself in all kinds of ways – music, movies, relationships, pictures and politics.  And, everything can be commented on – lots of witty banter.  I have already engaged in some fun back and forth with some radical leftist commie friends over politics.  It is all in good fun, but does everyone else who can read it know that? 

The other strange feature is the twitter like stream of consciousness that you can post on a regular basis.  So far it has been amusing because I know some very amusing people, but what is the purpose?  Like most social networking sites, it is a freaky intersection of narcissism and voyeurism.

However, I do like being in contact with past co-workers whom I really like but never have a real reason to talk to during a busy day.  I am going to jump in and hope that King Fish gets some business benefit out of the whole thing.  I will be watching it closely, and will report on its success as a business and marketing tool.  Hey, if you come by, friend me. 

Do you remember when you were a kid and you picked your cereal based upon the toy in the box?  Remember deliberating as you walked down the very small aisle which had a reasonable amount of cereals from which to choose? Remember getting home and sticking your hand in a brand new full box of some sugary crunchies to fish out a plastic item that your mom always hoped you didn’t eat accidentally?  The toy wasn’t usually that interesting in the end game but it still persuaded you to make a brand decision. 

Things have changed in the cereal aisle and elsewhere when it comes to marketing to our kids.  First of all the cereal aisle is twice as long and has infinitely more choices.  Secondly the stakes are higher:  it’s no longer a toy, it’s an online game. Moreover, it’s not just the cereal aisle that has fun incentives and those toys are not just for kids anymore!

Welcome to Advergaming! According to Wikipedia: 

“Advergaming is the practice of using video games to advertise a product, organization or viewpoint. The term “advergames” was coined in January 2000 by Anthony Giallourakis who purchased the domain names Advergames.com along with Adverplay.com. The term Advergames was later mentioned by Wired’s “Jargon Watch” column in 2001, and has been applied to various free online games commissioned by major companies.”

I won’t blog about the whole history of the concept, suffice to say it’s been here since the beginning of this century and even if you haven’t been exposed it is likely that your kids have.  My kids love Webkinz.  “Webkinz are stuffed animals that were originally released by the Ganz company on April 29, 2005. The toys are similar to many other small plush toys. However, each Webkinz toy has an attached tag with a unique “Secret Code” printed on it that allows access to the “Webkinz World” website. On Webkinz World, the Secret Code allows the user to own a virtual version of the pet for virtual interaction.”  Webkinz are the perfect example of brand interaction but not necessarily designed to be “advertising”, more the point of the pet is to experience the virtual reality of the pet.  But whatever you call it, my kids are playing with a brand for hours if I would let them.  (Please don’t let Webkinz come out with a cereal!)

Similarly many marketers from Pepsi to McDonalds, Fruit Loops to Chips Ahoy have developed fun online games that are a true band “experience”.  The gaming world has been growing at warp speed since Pong hit the screen in the 1972.  According to a new survey from the Pew Internet & American Life Project, “97 percent of children and teenagers ages 12 to 17 claim to have played some kind of video game, with 99 percent of boys and 94 percent of girls saying they play games.”  Given the ability of kids, and those even the younger than tweens and teens, to navigate a variety of interfaces, it is no surprise that advertisers would jump at the chance to make branding fun.

It’s virtually impossible to find a brand who doesn’t have virtual fun associated with its products.  And don’t be deceived that play time is just for kids anymore.  Adidas, Fidelity, Toyota, Volkswagen, Stride Gum have all developed advergames.  Even Pfizer is promoting Viagra via it’s own targeted advergame.  Begging the question, are you really serious?  Grown men interacting with little blue pills on line.  What will they think of next? 
There is no doubt that advergaming is attractive to many consumers out there.  It makes sense because the goal of many advertisers is to get the target audience to spend more time with the brand, increase preference and loyalty.  This online fun allows marketers to develop their own private custom media channel and continue to restate their unique brand proposition but in a subtle and subliminal sort of way.  Imagine, finding a way to have your target market watch a channel that only ran your marketing messages and nothing else.  What would you pay for that kind of play time?

To say we’re heating up for another testy presidential election would be an understatement. This burner’s been on for months and we’re all overcooked. I loved the primaries, but by April, I was exhausted by the Democratic Party’s inability to choose a candidate, and by Mitt Romney’s embarrassing quest to purchase the White House. When it became clear that my pantsuited hero was out, I licked my wounds and placed myself defiantly in the undecided camp.

I am exactly the person both Obama and McCain want to sway to their side. Obama wants me to understand just how mentally unstable McCain is. How could he possibly not remember how many houses he owns?! McCain wants me to know how Obama himself said, in 2004, how he would not be ready to be president in 2008. How could you possibly elect such a celebrity 2008?!

But this year, something is different. Both political parties are making their pleas to me via the web, which is the information and entertainment tool I, and every single one of my peers, use more than any other medium. In past election years, I’d be lucky to catch an attack ad or two on television on the weekends. Now, it seems like I’m seeing new web videos released every few days. I’m watching as McCain compares Obama to Paris Hilton and Britney Spears, and as Obama warns us that McCain will send more troops to Iraq. I can watch them multiple times (I said can, not want to) and send them along to my friends – something that was impossible with television ads.

Of course we can’t lose sight of the fact that this is still all politics as usual. McCain might not get my vote because he keeps coming out with better videos of key Democrats sounding off about Obama’s lack of experience. The point is that they’re reaching me and I’m watching them. And on November 4, I have to make a decision.

SEO (search engine optimization) has become one of the most important responsibilities of any marketing director/brand manager.  Google is the starting point for two-third of all web searches so you have to play strong in that game.  As most people know there are dozens of methods to getting ranked high by the all knowing Google algorithm. It is worthwhile to hire or talk to one of the many consultants who specialize in SEO.  If you go that route make sure they have a proven track record.  However, it is critical that as a brand marketer it is your responsibility to make sure the SEO tactics align with your marketing and business goals.  While the consultants can help you with the “black box” aspects of SEO, it is up to you to understand how your customers will be looking for your company or product.  Not every company can afford a consultant or to have a specialist on staff.  As the steward of your brand you really need to own this function.  And, once you start excelling in organic search, you can cut back your SEM/Adword expenditures, but that is a whole other topic.

At King Fish we try to practice what we preach, so SEO is one of the most important things we do for our own custom media company and more importantly for our clients.  Here are a few of the lessons learned from a marketing/brand perspective.

Focus on your key words – you can’t be all things to all people, so decided where you want to “win”.  We decided that Custom Media would be our stake in the ground.  Once we focused, we moved from #57 to #9 on the “custom media” key word search in a few months.  We are now consistently on page one or two of Google.  This is single most important aspect to your strategy.  Think about how your target audience will search to find you, and take into consideration the competition.  How are they defining themselves?  Can you beat them at their own game?

Key word density – once you decide on the key word you have to use it often in your site copy, especially on your home page.  It does not always make for great writing, but it works.

Web site structure and URL - make liberal use of your key search terms.

Page headline – once again, keep the focus on your key words.
Fresh relevant content – nothing is more important to keep up your rankings.  This is where a blog can be critical to have a venue for new and relevant content.  Also, you can post news, press releases, white papers and other content rich material that is relevant to your keywords.

Links in to your site – these are easier said than done, but think about relevant partners.  Using services like PR Newswire can work wonders with your releases.  They have a SEO tool that we use often to get our URL out to dozens of sites.

The bottom line is SEO has to become part of everything you do from a marketing perspective with both focus and discipline.  Marketers who don’t put SEO at the top of their agenda do so at their own peril. 

With great fanfare and PR flash, a new search engine was launched this week with the name of Cuil, pronounced “cool”.  They claim to have indexed more sites that Google and will rank the results by content rather than popularity.  Also, the results will be displayed in a unique magazine style layout and have added tabs to lead you to other relevant searches.  Just the thought of taking on Google is a bit daunting.  Two pretty impressive companies (Microsoft and Yahoo) keep falling behind in the race to own search.  Has any other company, product or service become such a big part of our lives and culture as Google in such a short period of time?  Not only has it become a verb, but starting a search on Google has become hard wired into our brains.  Taking on Google would be like taking on Coke with a new start up cola.  Don’t know if I would wager on surpassing Google, but in the tech game the better mousetrap sometimes wins. 

I gave Cuil a try in its first week and I was not all that impressed.  Right off, it does not have the other features of Google such as news, images and maps.  I did a search on Custom Media (the key word we most focus on) and didn’t think the results were anywhere as relevant as on Google.  King Fish Media generally ranks 9 or 10 on page one with Google and we were back on page seven with Cuil.  There were tons of rankings from the same sites listed over and over again.  Many of which had a mere mention of Custom Media rather than being a site about Custom Media. A search on King Fish Media itself turns up the freshest links and most relevant news on Google.  On Cuil it was a hodgepodge of old news and odd links.  I found this general pattern on a number of different key word searches.  However, the strangest thing was the image Cuil puts next to the individual search results.  In the vast majority of cases the images had absolutely nothing to do with the link referenced.  Usually they were random pictures or logos with no relevance to the result.  It was odd to see a link that referred to me personally with other people’s pictures.  Not sure what that’s all about, but it’s not “cuil”

Keep in mind this is just my own testing on week one.  To be fair, they will need time to get in a rhythm and be able to adjust their patterns based on how people actually search the site. Cuil is getting beaten up by the tech trades and bloggers who have a similar impression.  This is a good example of why you do a “soft launch” to work out the kinks.  They launched with a lot of PR which served mostly to have people take a very close look at their technology before it is ready for prime time.

It is worth keeping your eye on their progress, and especially how your sites ranks.  My snap judgment tells me that Cuil has not yet given web searchers a reason to change their behavior away from Google. And, what works for Google SEO will likely not work for Cuil.  The only people who may make out in this deal are the SEO consultants.

Word of Mouth (WOM) marketing is certainly not a new sensation; in fact it’s not even a hot buzzword anymore.  The reality is that much of what began under the banner of WOM is now being spoken of in the lexicon of social media.  Blogs, Wikis, User Generated Content (UGC) and the whole social media world are really built upon many of the principles started years ago with WOM. 

No matter what you call it, there’s now an environment capable of propagating the reality of your products quality and comparative value into the marketplace at blinding speed.  All these channels of communication and exchange make information available to a larger group of people at a faster rate than at any time in history.   

Even in this world of radical transparency and information exchange, I continue to be amazed at how much energy goes into messaging and marketing that attempts to gloss over product deficiencies rather than directing more focus and resources on fixing the underlying issues.  Often the result is marketing that dooms a product to fall short of expectations and to subsequently be raked over the coals of public opinion.   This kind of thinking completely misses the opportunity to tap the exponential power of social medial and WOM and fuels those folks who love to expose faulty products and the companies who make them.

Addressing core product issues isn’t always possible for a variety of reasons.  Lack of funding, short timelines to get a product to market or a host of other factors create the need for compromises.   No product, even fantastic ones, will likely go to market without their creators secretly wishing they could have slipped in a couple extra cool features.  

In the end, it comes down to the truth of your product.  Despite great marketing, huge media buys and all the other traditional marketing trimmings, a less-than product is destined for a very short half-life these days.  In contrast, high-quality offerings taken to market with savvy use of social media/WOM channels are likely to enjoy a longer run and do so with smaller marketing budgets. 

Next time you’re planning a go-to-market strategy, don’t underestimate the marketing value of a great product.  Waiting for, or pushing for, that next feature could be the best marketing decision you’ve ever made.    
 

Of all the things that fascinate me about the web there is a special place in my heart for Wikipedia.  I am a trivia nut, so I love trolling the listings, and I get a kick out of the earnestness of the people who contribute and patrol the site (more about that later).  It is now standard practice for marketers to create a Wikipedia page for their company.  And, it has become an art form to put up a page that does not veer too much in a sales pitch to prevent being smote down by the Wikipedia gods.  I have heard from many of my marketing peers who have done battle with the self appointed defenders of truth.

Because Wikipedia is very well indexed by Google having a company page helps your SEO efforts. When you Google King Fish Media, our Wiki page comes up in the third listing after our site URL and the Think Tank blog - and it is driven over 100 visitors to our site.  If you have not ventured into these waters as a marketer, you must try it.  These types of sites are quickly replacing more traditional sorts of reference materials. 

There have been a lot of debates to the validity of the information presented, and you do need to take the facts and information presented with a grain of salt.  The dispersed and anonymous nature of the policing opens the door for people with an agenda to set the tone. 

I am fascinated by those who have taken on the duty to police the site for factual accuracy.  What is their motivation?  What drives them to do what they do?  It’s not money since they are volunteers.  Valid questions as we move into the age of user generated content – or UGC as the cool marketers are calling it.  Over on Channel V Media’s blog they wrote about a game called wikiracing where participants add information to obscure pages and see how fast they are corrected or edited.

In the name of science I inserted myself as notable resident of my hometown of Beverly, Massachusetts – as an author. I write this blog and have had a bunch of marketing articles published so I thought author was my best bet.  And, my new found fame would give my mom something to talk about at the Boynton Beach JCC.  It seemed easy enough since the current list of 26 people is pretty weak expect for some 300 year old historical figures and a few modern exceptions – Kevin O’Connor who hosts This Old House on PBS, alternative rocker Mary Lou Lord (check her out on iTunes if you don’t know her, she is great) and world famous author John Updike.  The rest were a collection of people no one has heard of unless you were related to them. 

I put myself in there alphabetically between actor Howard Petrie and television sports commentator Derek Rae - under the radar flanked by a B movie actor who has been dead for 40 years and a Scottish soccer commentator.  My fame lasted exactly 27 hours before being struck down by a wiki police person with the user name of Adj.  Adj is a serial editor who seems to specialize in trivial information about Massachusetts towns – talk about a niche.  I was of one of 13 edits Adj made that day, and one of over 500 since April.  You can visualize Adj at a desk in a cramped basement home office surrounded by reference books, cats and stacks of old newspapers - sipping a cup of tea and staring at the screen over drug store reading glasses while stamping out informational miscreants such as myself.  There must be immeasurable pleasure and satisfaction in telling the world that I am a seemingly nonnotable resident of Beverly.  However, I would wager that more people read this blog in 2008 than watched the collective works of Howard Petrie, but I’ll let it go.

Maybe the information on Wikipedia is good and can be trusted if there is any validity to the wisdom of crowds.  I am not totally sure what to make of it as a marketing tool other than you better not cross the line or the Adjs of cyberspace will be there to put you in your place – the digital dustbin of history.

A few weeks ago my Think Tank colleague Gordon blogged about the Proposition 2 ½ over ride which was soundly rejected by his city, Beverly MA.  His observations on local politics and the impact of social networking on these heated topics are characteristic of many towns who are facing tough budgetary decisions in economically diverse communities.  And my town, an upscale fishing/sailing town north of Boston, is included on that list.

I will admit it right now: I am an SUV driving, latte drinking, work-out mom with 3 kids and at least 3 jobs, only one for which I get an actual pay check.  Most of the time managing my off-springs agenda’s is a full time job.  Sometimes it’s the PTO, or church school, or the Children’s Hospital fundraisers that fill my day. Other times it’s helping my clients reach the ever-more-valuable Mom-target more effectively.  It was the years of training in media arena that prepared me best and most for my most recent 90 day job: Chief Override Mom.

Having never worked on a political campaign, nor really knowing anyone who has made it uncharted water.  But much like bringing a new product to market, there was a familiarity to our strategy. We organized ourselves by putting together a troop of talented, business savvy Mommas who brought energy and creativity to this challenge.  We had communications specialists, attorneys, web designers, teachers, real estate marketers, ad agency types, you name it.  We had representation from all kids of hard working Moms, oh yes and one dad with a great sense of humor!  Once our team was drafted we set about answering the following: How were we going to persuade a town full of real old line New Englanders (read: frugal), who are insanely proud of the “lowest” tax rate around, to approve almost $22 million to REPAIR AND UPDATE our middle school facilities?  Not even to build a new school?

This was not going to be “my mothers over ride” as we embraced new media.  What once was an old fashion effort of neighborhood signs and leaflets in your neighbor’s door evolved into a multi-platform marketing strategy.  We laid out a 90 day time plan for our communications and out reach.  We built a web site and utilized Constant Contact email newsletters to reach out to our database of supporters. We set up phone networks of parents to use word of mouth to get out the vote. We had traditional direct mail to the 45-60 year old voters who could no longer (or never could) be reached by the back pack brigade.  We created emails that were organically viral: you send it to your address book and ask those people to pass along in kind.  We added a face to face component and invited the community to events, including tours of the school itself.  Taking word of mouth marketing one step further we identified town/thought leaders and brought them literally into the boiler rooms of the school that many of them had attended in their own youth, pointing out of course that nothing had really changed in 50 years… ergo the $22 million. 

It was important to keep our eye on the opposition daily, reading of course the angry and bitter words on local town blogs and forums, which of course are attributed to no one.  As Gordon pointed out, it is much easier to be rude when you don’t have to sign your name to your rants.  We didn’t spend much time or energy trying to change the hearts and minds of the intensely opposed, it would have been futile.  We preferred to focus on educating those voters who would be impacted one way or another by this enormous decision. 

After 90 days and lots of hard work and some strategic sign holding later, we prevailed.  A real grass roots effort with some high tech twists helped us to get out enough voters to pass our over ride by a 2 to 1 margin.  What had worked was creating a private media channel to reach our target through many vehicles:  a combination of print and on-line distribution of information that helped to educate our community.  It was face to face meetings and tours that gave real urgency to our cause.  It was virtual tours online that brought the situation to life.  It was the friendly email reminders to the overwhelmed to make sure we made their daily “to do list”.  It was inviting the senior community to witness the decay of the school facilities.  It was reminding the town in local papers about the impact of a healthy school system on their property values.  All in all, it was a classic private media channel where we used compelling content to tell our story to a highly targeted audience.

I know this small town effort to fix a single school is no match for what is coming in November.  We are still low tech in our efforts compared to Obama and McCain but we sure have come along way from the bake sales and flyers of my youth.  I have witnessed organic-mom-networking 2.0.  So far I’d say it’s a powerful force of nature and one to be watched with a careful marketer’s eye.

This week the NY Mets gave us an example of what happens when you don’t understand the current media landscape.  They fired Manager Willie Randolph on Monday night, and did it via press release at 3:15 am east coast time.  The team was in Anaheim on the first day of a west coast trip.   So, they made poor Willie fly all the away to So Cal, manage a game (he won) and fired him after the game.  As I am sure you know by now the Mets have been getting killed in the media for this low rent move on a classy guy.  They are spinning all kinds of stories such as they didn’t want to fire him on Father’s Day to they didn’t make up their mind until Monday.  The sad truth is they actually thought that if they did it in the middle of the night it would lessen the news and press impact since it would be a day before the NY papers could jump on it.  That was a questionable strategy in 1978 or 1988, but in 2008 it is beyond moronic.  That “strategy” backfired and blew up in their face.  They got beaten up on every available media platform for nearly three days – print, talk radio, blogs, sports web sites etc. 

At the heart of this mistake is a lack of understanding of today’s media environment.  It is always on, and always in search of content.  The explosion of media platforms, brands and choices has eliminated the concept of “news cycles” as we knew them.  On demand content and viral distribution have made traditional news cycles obsolete.  In addition, the proliferation of media platforms has created a situation where any “hot” bit of content and news is blown out of all proportion.  Many of these media outlets thrive on scandal and controversy.  The search and hunger for edgy content seems insatiable.  How else do you explain Lindsay Lohan’s mother and talentless sister getting a reality show.  More shame for us native Long Islanders.  Wasn’t Amy Fisher’s sex tape enough humiliation? 

The media narrative ended up being about how clumsy, heartless and dumb the Mets management appears to be.  The net result is the Mets did some real damage to their brand image, and maybe their bottom line too.  We are in a new media world, and if you follow the old rules you are sure to get burned.

Last week my city, Beverly, MA held an election that may offer a small preview of this November’s election.  Here in the Massachusetts we have a wonderful law to reign in government called Proposition 2 ½ passed by referendum during a tax revolt in 1981.  Here in the bluest of blue states we have a segment of people who love their taxes.  It basically states that property tax can’t increase by more than 2.5% per year, except if the people in the town vote to over ride the law for a specific reason.  In our case it was to help fund the school system that is running at a deficit due to the usual suspects – increasing teacher healthcare and pension costs, unfunded state and federal mandates and exploding special education needs.  If it passed, the average homeowner would pay roughly $190 more a year in property tax and one of the six elementary schools in town would be saved from closing. 

It was quite a battle, a real steel cage street fight.  What struck me was the anti-government venom.  It was aimed at the Mayor, School Committee, City Council, Teachers Union and anyone who even walks by city hall.  There was also a generous helping of class warfare as the working class and seniors resented the upscale moms who led the fight for the over ride.  One of the leaders of the over ride movement made the classic marketing mistake of saying it would only cost “a latte a week” to fund the tax increase.  Oh boy! Talk about not knowing your audience.  That statement became a rallying cry from the working class people who wouldn’t go inside a Starbucks on a bet.  The moms (and some dads) were dubbed the Latte Divas by the anti-tax people who fought it out on the Salem News web site message boards.  I would read the forums and the anger was palpable.  The parents were advocating raising taxes “for the children” or our property values would plummet and the city would become a slum overnight.  Opponents ranted back about how unions, the government and entitled parents were ruining America, and how they can’t afford another cent is this bad economy.  Over rides for schools usually pass in small affluent bedroom communities, but in economically diverse Beverly (pop. 40,000) it was crushed 63% to 37%.  And, a real class division opened up in once cohesive community.

It was a fascinating look at how social networking and web 2.0 tactics shaped the debate.  The pro over ride parents (Yes! For Beverly) had their own blog, Facebook page and email distributions; and the forums on the local newspaper sites became ground zero for battles pitched by people from both sides using anonymous screen names.  Some of the postings were pretty mean, and would never be said if a real name had to be attached or it was face to face.  It is much easier to work up some real anger when hiding behind a made up name that can’t be tracked.  It got me thinking about the nature of these anonymous posts which are found all over the web on all types of sites.  Does the anonymity produce true and honest feelings that are hidden by social convention, or is it an excuse to be rude.  There is something freeing about putting the usual political correctness aside, but debates can escalate quickly.  It is an interesting situation for companies who host these types of forums, especially when someone can be slandered on your site.  Monitoring your site is a must to protect your brand.

In addition, I could tell that there were some “PR plants” in there spouting the talking points from each side.  I don’t think many “average citizens” know the intimate details of municipal finance, collectively bargained teacher’s contracts and academic studies on the benefits of lower class size.  There were more than a few people with not so hidden agenda’s passing themselves off as John and Jane Q. Public.

This local battle may be a microcosm of the upcoming Presidential election. We will hear some of the same issues and charges from both sides.  Elitism and class division, education, taxation and the economy will be issues out front and center.  2008 will be the first web 2.0/social networking presidential election.  The ground war is going to move from mainstream media ads and direct mail to the web in a big way.  The blogs, video sharing sites, forums and online fundraising are going to be humming.  This may help Obama and his more youthful supporters, but the same tools can also make any scandal viral or misstep magnified.  We are in somewhat uncharted media waters, and as the cable news talking heads like to say “only time will tell”

This week I had the pleasure of contributing an article to the Chief Marketer web site.  The article is about using web casts to drive leads and ROI.  This is a topic quite familiar to King Fish as we manage over 250 web casts yearly for our clients.

To read the article please click here to go to the Chief Marketer site, and check out all of the great content they have on many other issues relevant to today’s marketer.

This year’s Digital Hollywood conference in Los Angeles has been shedding light on the significant challenges marketers face as they try to lasso prospects online. By and large, the panelists have been candid about the immaturity of this medium, but have been unified in their belief that traditional advertising is waning, and providing prospects with meaningful online experiences is the cost of entry.

The panelists, most of which carried senior executive titles, provided sound bites that had me in complete agreement. Here is a sample.

During a session entitled: The Web, Social Media and Advertising: Transforming and Disassembling the World of Traditional Media and Communications, Matt Rosenberg, Group Director, Organic said that to be successful, “Brands are immersing themselves in the content experience…you need to let your brand take a backseat.” I absolutely agree, and that is a core strategy at King Fish Media, where our job is to help clients engage with prospects and clients on a far more meaningful level than brand advertising offers.

Recommended contacts who spoke at this panel:

Raquel Krouse, VP Social Media, Interpublic Emerging Media Lab
Matt Rosenberg, Group Director, Organic
Mark Lewis, Strategic Planning Director, DDB San Francisco

The next session, Bridging TV and Broadband: Strategic Relationships – Advertising, Technology and Content, took the full customer immersion concept to a different level. A senior executive from the Home Shopping Network candidly evaluated her brand, and said that the universal knowledge of her brand allowed for movement into new media platforms (Interactive TV and .TV), saying, “People at the company worried about these platforms, but with the huge brand loyalty, they go wherever the brand goes and build communities there.” We, at King Fish, describe this phenomenon as owning, not renting your own media channel – Private Media.

Recommended contacts from this panel:

Jeff Miller, President and CEO, ICTV
Fred McIntyre, SVP, AOL Video

On a separate note, I hope to never again hear these words as much as I have during the last three days: “paradigm” (thought we were done with that), “frictionless”, “zero sum game”, “net loser” and “value proposition”.

During each of these sessions, I heard frequent confirmation that intent-based vs. interruption-based communications is the most effective means for clients to communicate with their prospects and customers; custom media provides the single strongest venue to effectively achieve success with this effort.

Starbucks has been getting beaten up this year and faces tough competition from Dunkin Donuts. Even McDonalds is taking a run at them.  One of the ways they chose to respond is a great lesson in listening to your customer and embracing a private custom media channel.  For many companies the knee jerk, old school reaction would have been to launch a “branding” campaign or hire a celebrity pitch person.  Instead Starbucks did something very cool – they launched My Starbucks Idea web site.  The purpose of the site is to ask their loyal customers what they could do to improve the product and service.  I would encourage you to go to the site and read the both the volume and passion of the responses.  The site is powered by salesforce.com and they did a similar site for Dell.  Interesting, Dell and Starbucks have a lot in common – both were innovative companies who used to be the fresh up-and-comers, and once they got too big; they lost touch with what made them great.

I commend both companies for creating a private media channel to have a two way dialog with their customers.  This kind of forum gives customers a place to vent, and make suggestion.  Read through some of them – they are not only thoughtful, but smart.  A lot of companies give lip service to listening to their customer, but how many actually do and act on it?  More than ever, people in the executive suite are isolated from their customers, where they are a long way from their middle class American customers and prospects.  Also, since they only talk to other execs, they get caught in an infinite loop of their own B.S.  How many meetings have you been in where sales and marketing people sit around pitching each other and not taking in outside information?  Happens all the time and the result: the ads we see on TV and in magazines are completely off target.

What I really like about the site is the “Ideas in Action” section where Starbuck employees respond in their own words and tell customers what action they will take based on customer suggestions.  This is powerful because many times when you write to a web site, you get an automated response which is sometimes worse than getting none at all.  I have to admit I have never been a big Starbucks fan – the coffee is too harsh and I can’t stand the ordering process.  It was fun to see that many others feel the way I do.  As a result, they are introducing a “smoother” coffee and talking about an express line for impatient people like me who just want a regular coffee; and don’t want to stand behind a line of people ordering complicated permutations of coffee beans, milk (cow or soy) and odd flavors.

Now, let’s see if they take this process one step further.  They have collected scores of contact names and been given the “permission” to talk to them about Starbucks.  I would suggest starting a real Starbucks private custom media channel to their customers using content marketing to further strengthen the bond between them and their customers.  This approach could get Starbucks back on track and make the brand fresh again.  Meanwhile, I can’t wait for the first express line open. 

We often talk about Private Media in terms of for-profit corporations directly talking to customers and prospects by owning their media channel rather than renting time and space from large media companies. One of the many benefits of the private media approach is that the owner of the media channel gets to control the message – both the content and distribution.

We now see a rapidly growing movement where individuals are also creating private media channels – pretty easy with today’s Web 2.0 technologies. Between social networking sites and video sharing, anyone can create a private media channel with minimal effort.  All of the Presidential candidates are well down this road, and almost every rock star, actor and athlete worth their salt has their own Web site, myspace page, and has posted videos on YouTube for an interactive dialog with fans. While the primary motivation is promotion, it can also be used to communicate directly with fans, enabling the personality to control the message and environment while getting their message out there as fast as possible. One of the key rules of crisis management is getting the word out quickly and framing the conversation.

How many times on TV have we seen someone yell at their lackeys in anger, saying: “the press will have a field day”. (By the way, a field day is an opportunity for unrestrained activity, not a day of sports competition at school – thanks Encarta.) In the past, celebrities and companies were dependent on their PR machines pitching and spinning stories to the press and having no input as the press edits and positions the story. Once a negative story gets into the 24/7 news cycle it is well out of your hands, and indeed a field day ensues.

We are now seeing famous people taking their message directly to the people. When Rosie O’Donnell was battling ABC and Barbra Walters over her job on the View, she posted video blogs on her site for her fans and the media to pick up and replay. Rosie’s private media channel told her side of the story quicker than the Disney/ABC PR team could tell theirs. Baseball’s Roger Clemens did the same thing when responding to reports he used steroids. After a few days of silence he posted a video on his site and on YouTube to deny the allegations. He will appear on 60 Minutes this weekend, but he has already gotten his message directly to the public bypassing the 60 Minutes film editing room.

The newest private media channel took me by surprise – The British Royal Family has premiered their own royal channel on YouTube. This is where they posted the Queen’s annual Christmas message and other clips and archive footage. When one of the oldest and most traditional intuitions in the world embraces private media, it is clearly an idea whose time has come.

Consumers of media and information need to watch these videos with an attitude of buyer beware. This is an unfiltered message, which does not have the benefit of a journalistic screen – no fact checking or follow up questions.  On the other hand, there also no agenda or bias from the journalist or media company. This is especially attractive to polarizing and controversial figures such as Queen Elizabeth II and Roger Clemens. It bears watching how this trend will develop – as we can assume that more and more notable people and companies create their own private media channels.

How will the traditional media companies adapt? Will consumers put as much faith in messages directly from the sources, rather than through journalists? My guess is that we will come to expect the direct message from our actors, singers, athletes, politicians and corporations. It will be incumbent on corporations and others using private media to keep the content benefit-oriented and information rich when speaking to their customers and prospects rather than a sales pitch. With the right content, a private media channel can be more powerful than any ad or PR effort will ever be.
 

There was a report out of Gartner late last month that estimated between 46 percent and 83 percent of Internet browsers/visitors/whatever-you-want-to-call them now engage with “consumer-generated content” at least once per month.

Gartner’s definition of this content includes blogs, podcasts and wikis as well as all manner of rating systems, recommendations and user reviews.

Not surprisingly, teenagers were more likely to engage with these sorts of media. Moreover, the percentage of U.S. adults who engage in this type of content at least once a week was lower than their counterparts in either France or the United Kingdom. Gartner suggests that this may be due to the novelty factor abroad.

Separate, but similar, research from In-Stat earlier this year likewise points to an impending explosion of worldwide revenue from what it calls “user-generated content,” most notably videos you’d find on YouTube. Last year, it figures $80 million in revenue was attributable to this stuff. By 2011, however, it predicts sales of around $1.6 billion.

For creative types like myself, the sorts of people that the business side increasingly consider as just so much overhead, these numbers are both scary and scintillating.

I don’t know of any journalist, no matter whether their work takes the form of a lengthy feature article, a video dispatch, an opinion column or a review, who doesn’t love hearing from someone who is reading or watching what they have to say.

I’ve had people walk up to me in airports to take issue with something I wrote, which is a little scary from a privacy standpoint. But from a professional level, it’s a thrill. “Hey,” I think, “THEY READ ME. They care.” Because, after all, most journalists get into the profession in order to touch people, in order to share information. In the world of print, our words mostly went into this void. Lots of guesswork went on. Focus groups were conducted.

Online, of course, everything has changed. I receive daily statistics for the green technology blog (“GreenTech Pastures”) I write on ZDNet. In an instant, I can see how many people are reading about certain topics; which strike a chord and which fall flat. The rating and comment system, meanwhile, tells me if I’m doing my job thoroughly enough. Often, I will think of an entirely new subject to write about as a result of a post. Or, I’ll kick myself to do a little more research if I’m missed an angle.

In my past life as the editor of channel news publication CRN, I made more contacts as a result of my editorial columns and video Webcasts than any other activity during my close to 18 years of covering the high-tech distribution channel. Because I had opened myself up in some way, readers felt like they could approach me.

Which brings me back to the real point of this column and the question that publishers love to ask themselves when staring at spreadsheets that detail declining print advertising sales: Is this shift toward user-generated content a long-term phenomenon? Can the voice of our users/readers/visitors replace editorial resources? Can this movement be “monetized” in some way?

The answer to all of these questions, in my opinion, is a qualified “Yes.” But before you go firing all your writers and content creation folks, here are some simple realities.

As Gartner notes, many folks (especially adults) participating in the user-generated media movement aren’t actually creating what we’ve come to accept as “content.” That is, a story, or a video dispatch or a photographic montage. It’s important to remember that “content” in the user-generated media movement can be many things. It can be ratings on stories, feedback dialogues about a product or services, or about the most popular searches on a Web site. The fact is, though, people come to sites for a reason. And SOMEONE needs to be giving them that reason. We currently call those someones “editors” but they’re increasingly taking on the role of community “moderators”—monitoring feedback, analyzing trends and creating more reasons for the dialogue to continue.

Then there’s the whole matter of time. I don’t know about you, but keeping up with my Facebook profile and my LinkedIn Network contacts is very time-consuming. I visit both horribly infrequently, mainly because I have a real-life husband and a real-life hobby (a cappella singing) that takes up plenty of my non-work time. I haven’t even dreamed of setting up a MySpace page yet and my blogs (yes, plural) are challenging to update on a regular basis. Personally, I believe there is bound to be an adjustment.

Full disclosure. I LOVE magazines. I love touching them, looking through them, curling up with them on the couch. That will never change. But I also find the ongoing transition exhilarating. I feel like what I write is a better reflection of the community I’m interacting with; that, in turn, generates more feedback.

I believe that what most people look for in their media experience—an honest voice. And honesty, I believe, is what user-generated content is all about.

Depending on your perspective and how jaded you are relative to these things, Web 2.0 seems to quickly be on its way to becoming a cliché along the lines of “e-Business”.  Remember e-Business?  Ahhh, good times….but I digress.

Without question Web 2.0 is fundamentally shifting how we understand and engage markets, allowing both consumers and marketers unprecedented access to information about one another.  This transparency, timeliness and fluidity of interaction provide both a massive opportunity and an incredibly complex business challenge.  

Interestingly much of the buzz about all things Web 2.0 is focused on the enabling technologies with less emphasis on how, or if, these technologies and content address a fundamental business or consumer issue.  In some cases many of these technologies do a better job of contributing to the ever growing glut of information than they do providing meaningful tools or resources.  We don’t need more technology or content, we need more time.

So maybe Time 2.0 is a good moniker for the next wave of thinking.  Seems the key question we should be asking ourselves as marketers is “how do our efforts fit within the context of a consumers time?”  In an attention economy, marketing which aspires to provide maximum value in minimal time is marketing that understands and appreciates the realities of everyday life.  Winning the hearts and minds of consumers is largely based on demonstrating an understanding and respect for their beliefs and values.  If we respect the use of time, we can demonstrate we share the same values about the most precious of resources.