RonAmok!

A New Media Evangelist describes his thoughts on Business to Business (B2B) Social Media Strategies

Last week I took an “academic” approach to the New Media ROI question. Today, Social Media Powerhouse Gary Vaynerchuk takes a much more “energetic” approach.

Here is a link to Gary’s original post with the video embedded in it.

There’s so much to like about this video. The fact that Gary reminds us that ROI cuts both ways, and we must evaluate the old methods as well as the new. The fact that he’s using a free, video-streaming service called UStream to interact with 125 live viewers, who respond INSTANTLY to his question! Can your marketing research firm do that?

My favorite part is where he challenges Macy’s, suggesting that they’d get more ROI hiring 30 interns to interact with customers through Twitter than paying for its full page newspaper ad (that’s probably in some recycling bin by now).

And lastly, let’s not forget about the divide by zero part. All of the tools that Gary used for this little production are available to any company FOR FREE. In these tough economic times, where major financial institutions need cash bailouts, free might help. I may be a simple boy from New England, but the last time I checked, free doesn’t require much cash.

Are companies using these tools yet? Nope. Remember, most of the executives I’ve spoken with recently can’t even identify the RSS symbol. But the day will come when some Tipping Point occurs. Maybe all of the newspapers will have disappeared, or maybe all of the journalists will have become indie or corporate bloggers, but something will happen that makes it impossible for the Traditionals to continue their Zombie-like walk from the parking lot to their offices and back again. And when that day comes, hoards of Traditionals, those who only know how to control messages or spoon feed a skeptical press, will either be seeking new employment or working for who “get it.”

I’m looking forward to hearing Gary speak at the Marketing Profs Digital Marketing Mixer in a few weeks. Maybe I’ll have a chance to ask him some questions for the RonAmok! crowd.

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During my two years of New Media Evangelism, I’ve had the opportunity to spend lots of time with Public Relations folks. During these times, I’ve witnessed a common theme — bloggers are viewed as some sort of communications underclass, that can’t hold a candle to a bona fide journalist. To many PR people, bloggers are The Boogeyman.

I first ran into this fear while listening to the PR Director for a Fortune 1000 company explain her reasons why bloggers were evil. She had spent her entire career working with the “legitimate press,” consisting of journalists who played by a well-defined set of rules as opposed to bloggers who had no rules whatsoever. “Bloggers can say anything,” she’d say, and that fact alone kept her up at night, because the Boogeyman could strike at any time.

* * *

I saw him lurking in the back of the room, periodically floating above the crowd of Public Relations professionals. I watched him as I settled into one of three chairs waiting in the front of the room. Sitting next to me was an industry journalist-turned-blogger. On the other side of him sat the owner of a well-known PR Agency. Together, the three of us formed a Social Media panel that forty PR professionals from a Fortune 50 company could question over the next two hours.

As this crowd’s most recognizable panelist, the journalist-turned-blogger fielded the first question, thus setting the tone of the afternoon’s discussion. A gentleman in the back of the room, with the Boogeyman breathing heavily into his ear, asked how PR should deal differently with a journalist and “just a blogger.”

“Just a blogger?” I thought, having a flashback to the PR Director’s “legitimate press” description. The journalist-turned-blogger answered the question, but I had to challenge the term. “Why do you say ‘just a blogger?’”

The answer, straight out of the Traditional’s Handbook, listed journalistic integrity, writing sans opinion, verifying sources, editorial control, etc…I couldn’t argue with the list, but I had a problem with a term designed to marginalize everyone else.

Parents help their children deal with their fears. We teach them not to be afraid of the dark. We show them natural explainations for the things that go bump in the night. We show them that there is no monster under the bed. As active members in New Media, we also have a similar responsibility to help Public Relations folks learn to deal with the Boogeyman.

And that’s exactly what the panel did. We described the different types of bloggers. We taught them methods for determining the relative importance of a blogger. We offered suggestions for when to engage and when to ignore.

Slowly, the panel chipped away at the Boogeyman. By the end of our two hours, while he was lying on the floor and gasping for breath, we were asked to wrap-up our thoughts individually. My goal was to put the final nails in his coffin. I suggested that each person in the room experiment with one or two Social media sites. Read blogs, leave a comment, do something — anything — to participate and get a feel for New Media.

The journalist-turned-blogger agreed. He too gave the audience some power over the Boogeyman, by adding a few more suggestions to help them take control of their fears.

With the Boogeyman flat lining, the owner of the well-known PR Agency spoke. “I disagree with both of them,” he said.

The Boogeyman sprung to his feet.

The owner of the well-known PR Agency explained that you just can’t just try this stuff. You needed to have a strategic plan, one with objectives, goals, and measurable outcomes. The journalist-turned-blogger and I exchanged glances as a rejuvenated Boogeyman soared over the room, re-injecting his doubts into the PR professionals heads.

As the event coordinator thanked us for coming, the Boogeyman winked at me. He had lived to see another day.

* * *

New Media is an odd duck. Because it’s “new,” it challenges “old” ideas. Because it’s “new,” it forces people to do something that they don’t typically like to do — change.

The Director of PR had optimized her job. She knew what the messages were, who to call and how to write her press releases. Since bloggers didn’t fit within the pristine confines of her perfectly tuned PR engine, she cast dispersions — inferring that they were the illegitimate press, much like the Fortune 50 PR professionals with similar preconceptipons about being “just a blogger.”

From a corporate adoption standpoint, the owner of the well-known PR Agency is 100% correct — a strategic plan is vital to New Media success. But there’s a prerequisite. The success of any plan is determined by the quality of the people used to build it. A New Media plan needs employee authors who aren’t afraid of the Boogeyman. Sure your company can hire consultants to bring expert-level opinion into the document (Shameless plug for your New Media Evangelist inserted here!), but without employees who can blend their individual New Media experience with the nuances of your organization, the resulting plan will fail.

Strategic plans cannot be built by people who still believe in the Boogeyman. If an employee has never subscribed to a blog, has never followed someone on Twitter, or has never participated in some Social Media site, then they are the wrong employees to architect the plan.

I just got invited call to sit on another panel and I’m sure he’ll be waiting for me. I’m ready for him. Are you?

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Filed under: New vs. Old, corporate
Sep 10, 2008

IcemanMy grandparents always called their refrigerator “the ice box.” I found this curious, because in my parent’s house, we called it “the refrigerator,” or “the fridge” for short. When I asked my grandmother about the difference, she smiled and explained that when she was a little girl, there were no such things as refrigerators. They hadn’t been invented yet. Instead, folks used wooden boxes to hold a large block of ice, which in turn kept their perishable foods cool.

I remember asking her, “If there were no refrigerators, where did you get the ice?”

She then told me about the iceman, a businessman who would harvest ice from a local pond during the winter. The ice would be stored in a barn and then, using hay, would be insulated in such a way that it could keep for many months. As long as ice remained in that barn, the iceman could to deliver it to a customer’s house.

The iceman had a very nice business — well, until the invention of the refrigerator, when some of his “early adopter” customers stopped ordering ice from him.

At first, I’m sure he pooh-poohed these early refrigeration devices. I bet that the technology’s reliability was poor. Compressors probably wore out; the electricity supply wasn’t as reliable as today; and its whirling mechanical parts obviously made more noise than a passive icebox. When asked his opinion on the refrigerator, he probably mocked the device, calling it a fad. Looking at the investments that he had in land, water rights, ice-cutting saws, conveyors, barns, hay, and ice-carrying vehicles, he might have chosen to “wait-it-out,” expecting his customers to come to eventually return to the world’s oldest and most reliable form of refrigeration: the icebox.

And he’s still waiting. The technology of refrigeration improved, iceboxes were relugated to museum pieces, and the iceman went out of business.

* * *

Last week, Tim Windsor of the Zero Percent Idle Blog wrote a post illustrating how the total, inflation-adjusted newspaper revenues had fallen below 1982 levels. The traditional press is suffering layoffs of unprecedented proportions as they attempt to tighten their belts and balance their budgets, which got me to thinking again about the iceman.

Every industry, every company, every individual will have ups and downs. It’s life. When significant advances in technology affect change in consumption habits, revenues will drop. And therefore, if a business is to survive, it must make adjustments. But which ones?

I suggest that a business or individual in the the traditional media industry ask a very simple question:

What business are we in?

The need to keep perishables cold never went away. Likewise, society has never stopped requiring information, news, and commentary. In both cases however, the marketplace demanded more economical ways to deliver both services.

What business are you in?

The iceman who believed he was in the “ice business” went out of business, because society no longer had a need for pond-harvested ice. The iceman who chose to be in the “refrigeration business,” opened himself to a world of opportunity. For example, refrigerators needed to be designed, manufactured, sold, delivered, and maintained. Any one of these activities could have kept him gainfully employed in the refrigeration business.

Traditional media outlets must think long and hard about answering the question themselves. They need to study their customer’s new informational habits and needs - from both a content-creation and a content-consumption point of view.

Paul Gillan offers some thoughts in his Newspaper Death Watch posting: Another Glimpse of Journalism’s Future.

So, what business are you in?

Take a lesson from the iceman and choose wisely.

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Filed under: New vs. Old