Pay to Post – More Hype, Less Fulfilling?

I ran across an interesting factoid last week, complements of Marketing Pilgrim – nearly half of all marketers are willing to pay for posts on blogs, web sites, and social media. As blogger Cynthia Boris notes:

Now, paying for posts, Tweets, Facebook shoutouts or video mentions is not only acceptable, it’s good business.

According to new numbers from eMarketer, 48.8% of marketers have used a sponsored blog post. 39.4% have sponsored Tweets and 50.2% said they were open to using some kind of social media sponsorship.

Paid-for-Post programs run the gamut from sketchy clearinghouses pushing articles on windows blinds and times shares, to well-funded, creative properties that pay people for posts they would have written anyway for free.

As a marketing professional, my reaction was, “Cool, a new way to promote clients and maybe make some money.” I was particularly impressed with the amount of coin that sponsors are willing to pay for content – as much as $100 for a blog post. Not bad wages for freelance writers.

imageThen I thought about the flip side of this coin. If there is a market for paid posts, that means that any number of web sites, Facebook fan pages, Twitter feeds, and more are willing to pay for contributors to generate content. This seems counter to the spirit of social media. Do paid posts undermine the power of social media campaigns and online marketing?

If you are paying for content from third party contributors, does that undermine the value of your social media outlets? How do these social media channels reflect your brand if you are taking paid contributions from a host of contributors?

It also reminded me that blogs, Facebook pages, and Twitter feeds can’t be confused with conventional, or dare I say “legitimate”media outlets. When you see a byline in a publication like Forbes or BusinessWeek, you know that it was either a paid contribution by a staff writer or freelancer, or it is a contributed article by a guest expert. The publication makes it clear, and you can read the article using the appropriate filter and adjust your skepticism accordingly.

The rules for web contributions aren’t so well defined. Content providers come from all corners of the web. Some have a story they want to share to add to the conversation. Others have a product to sell. And still others are apparently now using a pay-for-placement strategy which looks a lot like advertising to me.

What separates the web, and specifically the blogosphere, from traditional print journalism is transparency. Journalists have a code of ethics and specific rules they must abide by, and when they fail to abide by those rules by misrepresenting the truth, manufacturing a source, or selling their influence in print, they are publicly censured and usually lose their position. The same is not true of the web. The code of ethics is different, and you can’t be clear about the objectivity of motives of the party on the other end of a post.

So while social media is great for building buzz and can be good for business, we all still need to view what we read on the web with a grain of salt (if not the entire shaker). Web sites masquerading as news sources are potentially dangerous, and can undermine the entire concept of legitimate journalism.

As a PR professional, I now have to ask myself, do I pitch or do I pay?

Branding and Your Value Proposition: A Primer

We who do marketing, PR, and communications for a living have our own  language that we have adopted over time to tell each other what we do. In my  case, the marcomm* language of Silicon Valley has become so  ingrained after 20 years that I find it is making its way into my everyday  conversation as well as proposals and other materials – my wife keeps telling me  to cut out the business speak. Since we live in our own world of buzz words and  code phrases, we tend to forget that the rest of the world sometimes needs a decoder ring to follow the thread.

A case in point. I was having coffee last week with a friend and we started talking about his consulting business. He works with medical professionals but  has no marketing background at all.

I asked him what was his value proposition?

Response: Blank stare….

I then asked him about his personal brand and the brand promise of his consulting practice.

Response: “You mean my logo?”

Which led to a lengthy discussion about marketing strategy and how to think  about your brand value as it relates to customer needs. I dug through my digital archives to try to find a good primer on branding and identifying your value proposition, and I found a copy of “Irresistible Value Propositions: How to Entice Your Prospects to Switch from the Status Quo,” a white paper developed by  Chief Sales Officer and author Jill Konrath. Konrath has some really good tips that I found valuable as a refresher, so I thought I  would share a few of them here.

Every product or service needs a value proposition, which Konrath defines that as:

A value proposition is a clear statement of the tangible results a customer gets from using your products or services. It’s outcome focused and stresses the business value of your offering.

Where most B2B companies fail here is in creating a unique value proposition that appeals to the customer’s point of pain, and show them how to make money or save money. You need something that will capture the  prospect’s attention and imagination. Unfortunately, most companies speak about features and functions; speeds and feeds:

  • “Our systems is the fastest on the market” (Speed doesn’t matter to me.)
  • “We offer the most cost-effective solution in the category” (But I am
    willing to pay more for something that suits my needs.)
  • “We offer one-stop shopping.” (So does Wal-Mart. Why does that help me?)

The other day I remembered an age-old joke from the tech sector that  denigrated the poor marketing of the late Digital Equipment Corporation: “If DEC were to sell sushi, they’d market it as cold, dead fish.” You get the idea, features and functions only matter if they fix my problem!

What appeals to customers? Performance that drives revenue. Whether it’s increasing revenue, reducing costs, shortening time to profit, shortening sales cycle, reducing cost of sales, minimizing risk, whatever, you need to appeal to tangible returns using real data.

(As an aside, FUD – fear, uncertainty, and doubt – can also be a good value proposition. “If you don’t buy my product and the feds audit you it could cost millions of dollars.” Averting risk is a solid motivator.)

So think about your value proposition in terms of what you offer of value to your customer. The mistake a lot of my clients make is selling what they have to offer, not what the customer wants. So walk a mile in your customers’ shoes and then ask yourself, “Why can’t they live without my product or service.” Then you have a value proposition that you can package as part of your brand.

* Here is where you can start playing Buzz Word Bingo – see how many buzz words you can spot in this blog, starting with the techspeak term “marcomm.”

“Hands Off My IP!”–Intellectual Property is Still Property

As PR people and marketers, we are in the idea and information business. We help clients formulate and package new ideas that, in turn, help them solidify and promote their unique brand value. But can you own an idea or the process that leads to an idea? If you come up with a new concept for a client, can you then use that same idea or concept for another client? How much of what you deliver is their intellectual property and how far do you have to go to protect your own intellectual property?

What prompted this chain of thought was a situation that arose with a client recently. One of their senior managers was using information gathered for the company to feed his personal blog about a semi-related topic. Was this theft of IP? Was this individual stealing IP from the company even though he wasn’t using it for competitive purposes or to make money from the data?

First, let’s consider what, exactly, is intellectual property. According to CSO magazine, IP can be broken down into four basic categories: patents, trademarks, copyrights, and trade secrets. These are fairly straightforward concepts and the notion of protecting them is well-defined. But what about protecting an idea? As the CSO article states, “But IP can also be something broader and less tangible than these four protected classes: it can simply be an idea. If the head of your R&D department has a eureka moment during his morning shower and then applies his new idea at work, that’s intellectual property too.”

Intellectual property (IP) can be anything from a particular manufacturing process to plans for a product launch, a trade secret like a chemical formula, or a list of the countries in which your patents are registered. It may help to think of it as intangible proprietary information. The formal definition, according to the World Intellectual Property Organization is creations of the mind — inventions, literary and artistic works, symbols, names, images, and designs used in commerce. IP includes but is not limited to proprietary formulas and ideas, inventions (products and processes), industrial designs, and geographic indications of source, as well as literary and artistic works such as novels, films, music, architectural designs and web pages.

  

So how far do you go to protect ideas as well as other creative products? Consider the case of the Winklevoss twins, who accused Facebook founder Mark Zuckerberg of stealing their idea when he created Facebook. They took their case to court and the outcome was never really satisfactorily decided. Did they lose a potential billions of dollars because Zuckerberg violated their intellectual property rights by stealing an idea? Who’s to say.

However, the concept of IP can place those of us who create material for clients in a quandary from time to time. For example, if I use proprietary information to help a client develop a new brand strategy, can I then take that same information and use it elsewhere for a similar project? If it creates a conflict of interest by helping a competitor, then ethically the answer is clearly “of course not,” but if you are using the same intellectual process or concepts to develop a non-competing brands…?

And consider the challenges of copyright infringement. When I write an article for publication on behalf of a client, the work belongs to the publication. In fact, I routinely ghostwrite magazine article for clients, and as part of the process we usually have to surrender the rights to the work to the magazine that prints it (or at least surrender first time serial rights). I often get questioned by my clients about this practice, since they want to use the article for other purposes as well. The publication certainly can copyright the article but they can’t copyright the ideas in the article. If the content is original (i.e. not plagiarized) then you can always rewrite it using the same ideas to create a new work.

And what about IP and blogging? It has become common practice to “borrow” content from other blogs and articles posted on the web and repost them to your blog with a fresh viewpoint. In the blogosphere, giving an acknowledgment to the original source and essentially saying “this is my take on someone else’s good idea” seems to be fair game. But what if you repurpose someone else’s blog content for your for-profit blog, essentially using someone else’s freely posted ideas to make money?

I think the question of abusing IP largely boils down to who profits? Who benefits from someone else’s intellectual property is the litmus test as to whether or not there is an IP infringement. If IP is tied to a specific brand, product, of process that is tied to profits, then it has real value and as property should be protected. That doesn’t mean there aren’t gray areas. Consider the case of a piece of software code that finds its way into a competing software product. The patent attorneys spend a lot of time and money trying to ascertain if a piece of code is unique and therefore intellectual property, or if it is a more generic expression of a machine instruction that can’t be legally protected.

As a consultant, I apply a simpler criteria. Clients own the end product but I own the process to create the product. If I create an article or a press release or even a brand strategy for a client, they own that material as a deliverable for which they contracted. However, the templates I use and the process behind the deliverable are my intellectual property, and I get to reuse it as part of my service and brand. if I deliver a crisis plan to a client, for example, the specifics and protocols in that plan are theirs. However, the format, templates, and process I use to generate that plan remain my IP. Their IP – the plan, or article, or white paper, or brand strategy – is a tangible asset that promotes profit for their company. The process to create the IP deliverable remains the secret sauce that allows us to provide value as communications professionals.

I’d love to hear your stories from the field on your struggles with IP. Please comment or drop me an email.

Consultants, Please Check Your Ego at the Door

The Gates of Hell by Auguste RodinOne of the biggest challenges of working with clients is helping them achieve their objectives without investing too much of your ego in the process. Over the years I have worked with clients of all shapes and sizes, both as a consultant and as part of an agency team. Public relations and marketing communications services need to fall somewhere short of “the customer is always right”; perhaps it’s safer to say “the customer is never completely wrong.”

While there are some who argue that to be a successful executive, you need to have psychopathic tendencies, I do know that successful senior managers have very healthy egos, don’t often take criticism well, and are very wedded to their own ideas. I can’t recall how many times I have had a client come to me with a project already mapped out in his or her head, complete with impossible targets and unrealistic deadlines and the mandate, “Make it so!” Your job is to assess the situation and determine if you can pull the rabbit out of the hat, or reset the scope and expectations of the project so you can pull off a lesser miracle, make the client happy and help him or her achieve his goals, and still look like a hero.

Of course, agency executives and consultants have egos too. I have been in a number of meetings where the senior executive on the account clashes with the client in a battle of wills over who is right and who has the best approach or idea. I have worked with consultants with the same challenge. Their argument is “you are paying me all this money for my opinion, why won’t you listen to me?” (Of course, one of the reasons consultants become consultants is that they don’t play well with others, especially authority figures, so consulting is preferable to unemployment. But I digress.)

Trying to win an argument with your client may be good for your ego but it’s bad for business.

As with most interpersonal relations, you need to learn how to pick you battles. There are so many small things that you can let go, despite the fact it may hurt your professional pride, if it doesn’t’ compromise your professional integrity. Let’s look at some specifics.

Writing has become a battleground where I am prepared to give ground on a regular basis. One of the biggest complaints within the PR community is that the latest crop of PR professionals are such atrocious writers (note: the age group varies depending on how long you have been in the profession). You can argue about grammar, usage, the use of the serial comma, and whether AP Style is dead. At the end of the day, you want to make sure you made your point, and there are no glaring spelling or grammatical errors. A common problem I see among PR professionals is writing and rewriting a press release or other copy, not because it’s wrong but because the text needs polishing or doesn’t conform to house style. While this may chew up a lot of billable time, in many cases it’s wasted effort. Early in my career, I had a client who referred to this as the “happy/glad” syndrome; there are different ways to express the same idea, so at the end of the day what does it matter? In cases where a client has an emotional commitment to the way a press release or article is written, there is no reason to argue.

Then there are the ethical issues. I have had clients ask, no tell me to lie to a reporter. Of course, I refused. There also have been instances when a client has lied to me and I, in turn, lied to a reporter. In such cases, it’s my reputation at stake and I will resign the client in a heartbeat. As I explain to all my clients, my integrity with journalists is my bread and butter, despite the fact they write the checks, so if they ask me to do something unscrupulous or dishonest, it’s a deal-breaker.

And then there’s everything in between. The smart PR professional doesn’t let his ego get in the way of his judgment. If you adopt that as a cardinal rule, you can navigate most client situations to a happy outcome for all, even if they don’t do things your way. Maintain your professionalism and always give your best counsel, but be prepared to compromise when the need arises. The best public relations professionals are excellent diplomats, and in the end, you have to remember that you are just the messenger. What’s the point in getting shot?

Social Media Unchecked–Think Before You Post

I saw two blog posts this past week that reminded me that there are a lot of people out there who don’t “get” social media and its role in business.

PBTwitterOne was a guest post on Lindsay Olson’s PR career blog about “Is Tweeting Hazardous to Your Job?” In this guest post, PR columnist Alison Kenney offered up some of the biggest social media faux pas that so-called PR professionals have been guilty of lately. Leaving the recent Facebook/Burson-Marsteller debacle aside, there are a number of other communications professionals who seem to have temporarily forgotten the rules of social media engagement. This from her blog post:

    • In March, Scott Bartosiewicz, an employee at New Media Strategies, the social media agency of record for Chrysler, tweeted a derogatory message about Detroit drivers from the official Chrysler Twitter account, costing his agency its relationship with Chrysler
    • This month, The Redner Group, a small PR firm led by Jim Redner, was fired by client 2K games after a frustrated Redner tweeted a threat to withhold review copies of the popular game Duke Nukem Forever if reviewers don’t offer more positive reviews.
    • Two years ago, while on his way to give a presentation about digital media to FedEx communications employees, Ketchum VP James Andrews tweeted a derogatory comment about travel to Memphis (where FedEx is headquartered). The tweet rankled FedEx employees who called Andrews out and extracted an apology from him. He kept his job.

In all of these cases, employees are exhibiting poor judgment and making poor choices in expressing themselves. Social media is exposing their mistakes to the public and to their employer.

What people tend to forget in the heat of the moment, or because the social media tools have become so familiar, is that Twitter, Facebook, LinkedIn, and their like are, well, social! It’s not a private conversation with 500 of your closest friends. Rather, when you post, you are putting out commentary for all the world to read, and react to. Which means if you mix social media and work, you have to be extra careful.

I recently read another blog post by Tom Biro, one of the executives at my former PR firm, Allison & Partners, offering advice about social media in the workplace.

A lot of companies control or block social media access, and they are certainly monitoring what you do online. (I will occasionally work at a client site and the IT manager frequently sends me reports with a breakdown of my online activity complaining that I am consuming too much bandwidth, so I know he is watching.) I have a client that specializes in providing controls and monitoring for social media access. Like it or not, your social media activities are being watched. And even if they aren’t watching right now, you need to make sure you leave a clean online trail that isn’t going to create problems when a client or prospective employer stumbles on it later.

While most of the insights Tom Biro offers seem to be common sense, they are worth repeating here as a reminder:

  • Even if you are blocking employees access to Facebook, Twitter, and YouTube, you know they are using their smartphones to get around that. While productivity may not be an issues, data leakage and protecting your company’s brand are a concern. Watch what your staff are doing online.
  • Set a good example. Some of the examples cited above are errors made by senior staffers. They should know better, and they should prove that to their fellow professionals with every post.
  • Remember that social media is about dialogue, not monologue. Don’t rant, but comment. Add to the conversation rather than trying to command the floor.
  • You want to use social media to increase your brand awareness. Make sure you are being seen and commenting in the right places to advance your brand visibility.
  • Establish social media guidelines. This is your first line of defense as an employer, and your first reference for common sense as an employee. If you spell out what is and is not appropriate about your behavior online you won’t leave room for doubt.
  • Be transparent about your identity. Be sure you are clear about who you are and your stake in the conversation, i.e. whether you are speaking on behalf of a client.
  • Think before you post. Think about the impact of what you have to say, and how it could affect coworkers, clients, associates,and others.
  • Don’t assume you are anonymous. If you are using a corporate Wi-Fi connection of a company network, someone is watching the traffic so never assume you can’ t be seen. Big Brother is everywhere.

Effective use of social media is about positive interaction and sharing stuff that is interesting and that contributes to the dialogue. If you use common sense and remember that social media is a very public forum, so don’t say or do anything you may regret later.

Is the Spin Making You Dizzy? Good PR is Not About Propaganda

spin-cycleLast week, I spotted a blog by MG Siegler on TechCrunch that took Facebook’s PR machine to task for trying to cover up, or rather divert attention from a developer story they didn’t’ like. In his blog, “Facebook PR: Tonight We Dine in Hell!,” Siegler notes that the journalists are at war with the PR industry, and although there are many battles, the one he wants to tackle has to do with spin.

I question the validity of his hyperbole, and his overdramatized position, starting with the controversial headline that sucked me in to read the blog in the first place, demonstrates that spin sells, at least to an extent. His presentation of the lengths that Facebook PR team goes to in order to discredit his story seems a little extreme, and whether he chooses to believe it or not, Siegler is spinning his tale to make his point. Maybe he should go into PR.

In any case, he raises some valid concerns about the state of PR and some of the questionable practices of PR professionals. As he state it:

The fact of the matter is that the entire PR industry is like a weed growing out of control. Current estimates have PR people now outnumbering journalists 3 to 1. Think about that for a second. And one of the industries in which this infectious growth is most apparent is the tech industry, where it’s boom time. My email inbox is a testament to this. As is my voicemail inbox. I’d bet that at least 75 percent of the messages I get in the day are from PR people. Their campaign strategy in this war is shock and awe.

Now, I don’t mean to suggest that all PR people are evil or have the wrong intentions. Many are very nice people. And some are even very good at what they do. But increasingly what they do is nothing more than attempt to spin or grossly misrepresent what it is we do. For many of them, helping journalists/bloggers/writers get access to accurate information is secondary. It’s all about controlling a narrative — by any means necessary. And that has to stop.

That last statement is one I agree with. Our job is not to control the narrative. Naturally, we present our clients and their wares in as positive a light as possible. We point out the benefits that are derived from the features. We make a case for competitive positioning, and that could be called “spin” if you wish. However, the facts will out, and like a rotten egg you can’t cover up the stench of a bad story.

I make it my policy to work with analysts and editors in as frank and open a manner as I can, without compromising my client. As I have told clients in the past, my value to them hinges on my credibility with the press. If I can be helpful to a reporter or editor, they will remember that service. If I lie or mislead a reporter, they will never forget the disservice and I will have lost an editorial ally forever. I tell clients that the editors are as much my clients as the people who pay me, because I will have to call on that editor Lipstickonapigagain, long after the client has gone.

So the Facebook PR disinformation campaign that Seigler describes in his blog post is bad PR practice, although I understand where it comes from. When bad news hits, the downhill slide starts and PR is at the bottom of the hill, trying to clean up the mess. Rather than trying to put the lipstick on the pig, it’s better to admit the error or embrace the bad story and neutralize it then and there. If you deny it, or try to adopt a non-denial denial, then the evasion becomes the story and compounds the embarrassment.

Especially in PR, it’s time we left the spin cycle to the washing machine and adopted honesty as the best policy.

Avoiding the Mines in the Consulting Field

I have been tracking a discussion on one of my PR groups on LinkedIn about ageism and employment. The complaint, which is not new, is that those of us “of a certain age” are being bypassed for choice agency and marcomm jobs as the hiring demographic skews younger. As Randy Block, one of the career coaches who works with my client, NETSHARE, notes, no one wants to hire mom or dad. It’s no wonder that those of use who have the experience and years are being passed over. We are too expensive, and there is the misperception that we don’t “get it” when it comes to newer tactical programs like social media.

So the grumbling oldsters like me are making noises about forming a new Graying Communications type agency to show we still got it, and we still get it. I continue to adopt a different strategy, consulting. One of the other things that Randy says is that while the younger generation of managers are interested in hiring mom or dad, they will pay them for their advice. One of the more interesting things to come to light from the discussion thread on ageism was an column by Karen E. Klein from Bloomberg/BusinessWeek on “Why Self-Employed Consultants Fail.” Having been a serial consultant for more than 20 years, I found the insights right-on and very useful, since I still violate a few of them now and again. Here are some insights from Karen’s column for those of you looking for an alternative to downsizing or early retirement.

First, according to Alan Weiss, author of Million Dollar Consulting:

There are about 400,000 people in the U.S. calling themselves consultants. My estimate is that only half of them are actually working as consultants. Most enter the profession as a second career or after they’re retired.

What all these people have in common, and few realize, is that consulting is a marketing business, period. It doesn’t matter what your area of expertise is or if you are the best in your industry, unless you have the skills to sell your consulting services, you don’t have a consulting business.

What are the most common mistakes that consultants make? Here’s a list that should look familiar to those who have been there/done that, especially if you have any PR agency experience:

  • You bill by the hour. The rule of thumb in the agency world is you bill your time. The problem, of course, is that time is finite; there are only so many hours in the day. And while billable time may work for an economic (read cheap)) client, it doesn’t help you build your consulting business. Better to bill on value. If you can offer a service that saves a company $1 million, then paying $100,000 for that service seems a small prices to pay, whether the task takes 1,000 hours or one hour.
  • Dealing with middlemen. I always try to deal with C-level executives. If you deal with the middlemen, they you are subject to their MBOs, and their political problems, and if a project goes awry as the consultant you will be the first one thrown under the bus. You also can’t show your value to those lower down. Better to approach the C-suite and show them what you offer before you start working with the less senior staff.
  • You don’t see yourself as peers with the clients. You are working for the client, but you are not an employee.You are providing a service that they value on your terms. That makes you buyer and seller on equal footing. Never forget that. The problem with most consultants is a lack of self-esteem and the confidence to stand behind the value of their service. It may be from working alone or constantly selling yourself and the fact there is no “boss” to front for you, but you can’t be a subordinate. You can’t show up with your hat in your hand; you have to sell your value.
  • You don’t offer lasting value. If you can create intellectual property, such as systems or intelligence you can package for reuse, then you become an expert and your value increases exponentially. Better to sell IP than expertise.

Remember, if you can fix the client’s problem, you have value. The amount of pain the client is suffering because of that problem should dictate your fee. If you help them achieve their objectives and build their profits, they will be happy and the price tag doesn’t matter.

Huzzah! New AP Stylebook Sets New Standards for Common Tech Terms

Maybe you have to be a writer or editor to get excited about the latest release of the AP Stylebook. The AP Stylebook is the bible for professional writers, providing standardized usage and definitions for common terms. It provides a standard for things like comma usage, hyphenation, capitalization, datelines for cities, and other commonly used terms. It also helps me settle a lot of arguments with clients about how to write press releases and where to put the punctuation marks.

ap-320piI am particularly excited about the 2011 release of the AP Stylebook because, for the first time, they have provided standardized usage for a variety of technical terms. Now I now no longer have to argue with clients about the proper spelling of email versus e-mail or Web site versus website. According to Mashable, there are at least 42 new terms that have been included to define common technological terms, social media terms, and TLAs (three-letter acronyms).

Now we know that, according to the Associated Press, proper usage is email and website as one word, smart phone is two words, and e-reader is hyphenated. And now we can use “fan,” “friend,” and “follow” as both nouns and verbs. (I can’t wait to see if they have decided that other changes are acceptable, like using “grow” as an active verb – “to grow a business” – which is one of my pet peeves.) They have also added unfollow, unfriend, and retweet to the lexicon. According to a preview offered by MarketingProfs, some of the terms that are now standardized include:

  •  
    • check in (v.), check-in (n. and adj.)
    • download
    • end user (n.), end-user (adj.)
    • Foursquare
    • geolocation
    • Gowalla
    • Internet-connected TV
    • iPad
    • Link shortener
    • social media optimization
    • stream
    • tag
    • tablet computer
    • Tumblr
    • WAP

AP has also tackled the alphabet soup of technology acronyms, including those used in texting (another new verb) and instant messages. They define ROFL, BRB, G2G, and even POS, which I thought meant point-of-sale but apparently means “parent over shoulder”; a term younger IMers and texters use to indicate that parents are approaching.

I have already pre-ordered my print copy of the 2011 AP Stylebook, and I am sure it will be more comprehensive than its forebears. For some time I was using Wired Style published by Wired magazine a number of years ago as my guide, but I found it to be extremely poorly organized and incomplete. Like most writers, I suspect I searched publications like the New York Times and the Wall Street Journal looking for common usage – their editors are very diligent about maintaining consistent editorial usage and standards. AP needs to get their guidance from somewhere.

E.B. White (co-author of Strunk & White’s The Elements of Style, which is still the “must have” book for any writer who cares about his or her craft) noted that English is an evolving language, “The language is perpetually in flux; it is a living stream, shifting, changing, receiving new strength from a thousand tributaries, losing old forms in the backwaters of time.” As the language evolves and technology changes usage and brings new terms into use, someone needs to find a way to codify these terms so the rest of us can make sense of them. Like the OED, the AP Stylebook provides a lifeline for the rest of us who are trying to maintain standards of usage in the face of change. Everyone needs standards. Just as the IETF relies on standards like TCP/IP, SMTP, and HTML to form the common language of the Internet, we need similar standards for English usage to promote clearer understanding.

Building Social Media Buzz–Blogging and Beyond

This is the presentation I delivered today before the Northern California Business Marketing Association Branding Roundtable. We had a good, interactive discussion with those present, discussing their needs, the pros and cons of different channels, and which channels work best for B2B and B2C.

One of the things I am advising clients to do these days is start with a corporate blog. A blog provides brand focus. It is a single forum where you have to think about what promotes your brand value before you commit your thoughts to the blogosphere. Once you have clarified your brand position, it’s easier to feed the social media machine, disseminating your blog thoughts through LinkedIn, Facebook, and Twitter – the Holy Trinity of Social Media.

Of course, there is other content you can use to feed the beast. It was interesting that even talking to experienced marketing professionals this morning, some were still reluctant to dip their toe in the social media pool. They were worried about making a mistake or not having enough content. You have to get started before you can refine the process.

Part of this morning’s discussion, for example, was around corporate process and paranoia around blogging. One of those present said it took months to get the company to approve a blog post because the committee could not agree. Another marketing executive talked about how his managers complained that the tone of the blog was too “friendly” and not sufficiently formal, like a white paper or data sheet.

This panic over initial missteps is what prevents companies from entering into the social media conversation, and ultimately cause them to fail. One of my recommendations is “fail fast, fail cheaply, and correct course.” If something doesn’t work, move on. We actually had an interesting discussion about the longevity of social media content. I noted that, to an extent, blog content is disposable because it has a short effective shelf life. However, it was pointed out that blog content remains discoverable for as long as it’s posted, although you can correct or change the content.  However, social media feeds like Twitter and Facebook have an effective life of hours or days. This means you have forums you can use for social media experimentation to see what works for your strategy.

So this presentation represents just some of the concepts I am sharing with my clients. I would be curious to hear your reactions and recommendations. The floor is open for comments.

Ad Numbers Are Not in Twitter’s Favor

twitter_bird_arrows_kybdAs a follow-on to last week’s blog post about the future of Twitter, I spotted an interesting item in the Adotas newsletter today regarding Twitter’s anticipated ad revenue.

According to a new report from BIA/Kelsey, there is both good news and bad news. The good news is that revenues for social media advertising is expected to from from $2.1 billion in 2010 to $8.3 billion by 2015. The bad news for Twitter is that the majority of the cash is allocated for display advertising – $7.7 billion by 2015. Non-display revenue, like promoted Tweets and promoted accounts 0 will grow to $600 million in 2015. According to the report, non-display ads, like promoted Tweets, didn’t generate any revenue in 2011, although other sources peg Twitter’s 2010 earnings at $45 million.

According to Adotas, eMarketer predicted Twitter earning sof $150 million in 2011 and $250 million on 2012, which is very much in line with the BIA/Kelsey report. But these figures fall far short of Twitter’s promise. To quote from Adotas:

I can’t be the only one thinking, “That’s it?” But last week I commented that Twitter’s beta text ads would bring in incremental revenue at best — there is no Twitter ad product that promises exponential revenue growth, something that’s ever-more haunting since North American user growth stalled a while ago.

As Twitter’s valuation keeps skyrocketing, it’s getting tougher to turn a blind eye to these grim revenue estimates.

It will be interesting to watch this birdie as the business of social media evolves.