marketing Archives - Page 9 of 10

May 10, 2005

Internal, External Business Conversations

Hugh writes a great post about why business blogs can help organizations improve customer connections. (Updated to later illustrate that the concept is relevant in intra-organizational discussions as well.) The metaphor is that there is a membrane that surrounds every organization, and that membrane impedes real information flow and, with it, learning. The nugget:

Hugh: “The more porous your membrane (“x”), the easier it is for the internal conversation to inform the external conversation, and vice versa.”

In other words, if there is alignment, or “equilibrium,” between what’s happening inside the organization and what’s happening in the customer base, both sets of stakeholders will be better off. Customers will be getting what they want, and organizations will have happy customers. And, presumably, reasonable profits.

This triggered four thoughts:

The theory above sounds a lot like this.
For this to work, it can’t just be “conversation,” it has be the RIGHT conversation.
There is a flow to this. Flow 1 is “out to in.”
There is a second flow to this. Flow 2 is “in to out.”

So, first off, this sounds a lot like thermodynamics. I had to go look up the thermo stuff to put this post together, and then it made my head hurt (again, like it did mumblysomethingsomething years ago, the first time I saw it in school), so I closed that page quickly. But, I think a way to characterize this model is through paraphrasing that law into something like this:

“Insight spontaneously disperses from being localized to becoming spread out if it is not hindered.”

Insight is good. Knowledge is good. Knowledge of real customer needs can help an organization do the right thing for the market. Knowledge of what a supplier is doing can help a customer make better decisions.

Another way of putting this…communication in this way changes the game from being zero-sum to being collaborative. Things tend toward zero-sum when information is withheld, and power and manipulation come into play. This changes that.

Moving onto the second point above, the idea of “conversation” needs some clarity. We’ve come to use the word “conversation” as shorthand for “folks who ‘get it,’ and want to work collaboratively, and want to share information, etc.” However, all conversations are not the same. More importantly, all conversations are not equal.

For this model to work, some conversational structure may need to be in place. If customers are clamoring for something (let’s say, a fad-ish feature in a product that may have long-term detrimental effects), the company can react in two ways. In the first case, the company can listen to those customers blindly, and deliver exactly what they want. In the second case, the company could try to explain some of the shortcomings of following that approach, and try to reach a middle ground where both parties agree, that results in a longer-term positive outcome for both sides.

Both cases reach equilibrium, but they are certainly not equal conversations.

Which brings us to points three and four above, the flows. There will be an increasingly strong “out-to-in” flow if a company is not meeting the current needs of its customers. If there is a flood of feedback going across that membrane from out-to-in, and nothing is being done about it, there is a sure bet that at some point in the future that organization will be in trouble. However, if that out-to-in flow is moderate and steady and is responded to with an equal in-to-out flow of information about how the company is responding, you can bet the company is marching ahead in step with where its customers are going.

The “in-to-out” flow, on the other hand, is a quite interesting one. Assuming the in-to-out flow is information-rich (and not a flood of the same-ol’-B.S.), the company is providing some insight and novel ideas to the marketplace. This is good. However, similar to the example above, if this flow gets too strong, the company may be outrunning its customers, and providing products or services that require change the market can’t yet absorb or isn’t ready for yet (see the Apple Newton for an example). In this case, the company should take a step back and perhaps slow down a notch and listen to what’s coming back in from the outside.

Food for thought.

Others commenting on this:

Lee LeFever
BlogSpotting (Heather Green)
Fredrik Wackå
Scoble

May 8, 2005

Business Podcasting As A Competitive Intelligence Tool

The fine folks over at B2BMarketingTrends were kind enough to ask me to contribute to an article on the business uses of podcasting. In particular, they were interested in an answer to the question “How can podcasting be used to enable customer-facing personnel to stay abreast of what’s going on with competitors and to provide market intelligence?” The full article is here.

The four most salient points:

Podcasting delivers the information to users automatically, typically via a combination technology called RSS (for “Really Simple Syndication”). It is a simple program that regularly checks to see if any updated information is available. The user’s device automatically downloads this competitive information when it becomes available. This is in marked contrast to a “competitive intelligent intranet” that you must check regularly and navigate for updates, or a process that requires an individual to locate, print, and organize electronic or paper documents or e-mail messages.
The flip side of this is that individual users can choose to “subscribe” to only the particular podcasts within their organization that they deem relevant. So if an individual only wishes to receive information about a particular set of competitors, he/she can easily specify those preferences. With an individual’s attention already stretched thin as a result of e-mail overload (not to mention the problem of unsolicited messages, or spam, and a seemingly endless number of voicemail messages), the ability to receive only relevant, selected podcasts can aid not only in significantly improving productivity but also assist in reducing some of the challenges that information overload causes for sales team members.
Competitive intelligence information has an exceedingly short shelf life. Since podcasting ensures updates automatically, a sales team has the assurance of having the “latest and greatest” information that may be available. They can also update their podcasting platform by checking out resources like Agora.io for further information on this as well as see how they can better connect with their audience, customers, clients, etc.
Podcasts are, by their very definition, portable. But, more importantly, they allow people to “time-shift” to better fit their own schedules. Similar to audiobooks (which, according to National Public Radio, experienced double-digit growth in 2004), you can access competitive intelligence podcasts during a morning commute, on a subway, or while engaged in other activities such as jogging. So instead of needing to carve out time in an already hectic schedule to review and study the latest competitive information, this information can now be accessed whenever it is most appropriate for the individual (and it can be paused, rewound, and replayed as many times as desired).

Link: Listen To Information About Your Competitors…On Your iPod?

May 3, 2005

Vespa To Launch Corporate Blogs

Article today in the WSJ regarding how Vespa will be launching a corporate blog ($), which will be penned by U.S.-based Vespa owners. According to the article, VespaBlogs.com will have “four bloggers will be selected to regularly contribute content about the products and broader lifestyle topics.”

A couple of salient points:

Initial statements seem that the bloggers will be be given relatively free rein — a “code of ethics” to which they will adhere, but it doesn’t appear that Vespa will have editorial control.
This is a great application, for the right company. Vespas evoke emotion and passion, and Vespa owners will be apt to build a community around these blogs.

This is similar to the work that was done for Knight Ridder Digital’s That’s Racin’ property, which is home to four racing enthusiast blogs:

Kathy’s Pit Stop (a fan blog)
Rantville (a fan blog, occasional spicy content)
Over The Wall (by a pit crew member)
Checkered Past (by That’s Racin’s editor)

(disclosure: Manifesto co-conspirator Lisa Stone worked with KRD on setting up the TR blog network)

Hopefully, Vespa will be emulate what was done here (in freedom-of-expression and clueful-ness, not in content, naturally), and the Vespa blogs will have the same type of authenticity and no-holds-barred direction that KRD has allowed their customers/fans/evangelists to pursue.

May 1, 2005

Creative Commons Hooks Up With…BzzAgent. Weigh In If You Have An Opinion.

Pull the plug, please, Larry.

On April 29, Creative Commons announced they had joined up with BzzAgent. Thankfully, the feedback has been flowing furiously.

Lessig states:

“Creative Commons recently launched a relationship with BzzAgent. The blogs were not amused. See Corante, Corante_II , Corante III, Just a Gwai Lo. BzzAgents has now responded poorly, calling Corante ‘liars.’ As I’m partial to Corante, I’d be willing to ask CC to pull the relationship on the basis of that bad judgment alone. But I’d be really keen for some feedback.”

You really need to read where Dave Balter, CEO of BzzAgent, calls bloggers liars. Nice. Or, as they say on the southwest side of Chicago…”real clazzy.”

“Bloggers as Liars
Saturday, April 30 2005 @ 10:57 AM CDT
Contributed by: Dave Balter

I really wonder.

Whenever I talk to people about BzzAgent, give a speech or work with clients, they invariably ask us about Blogs. They want to know how BzzAgents can influence bloggers. How much of a role blogging has in word-of-mouth.

Let’s get this straight: Over 80% of word of mouth occurs OFFLINE. Blogs are a tool for word-of-mouth interaction, but just because there’s plenty of them out there, it doesn’t mean it’s the best place for distributing an honest opinion.

Which brings me to point two. Bloggers are destroying their own medium.

How? By being more critics and pundits than journalists. The problem is that there are no editors and no fact checkers, so plenty of what you read on blogs is just plain untrue. Check out Suw Charman’s Corante post on BzzAgent’s Partnership with Creative Commons, where she misstates nearly a dozen facts. And much of what she says is also pulled from other blogs. Guess what? Her informants are providing false information, too. A vicious cycle of lies.

With this type of reporting (whining?), it’s no wonder many consumers are going back to reading fact-checked business magazines.

How long until consumers hold bloggers up to the same standards of truth as they’d expect from word-of-mouth interactions?

Dave“

Larry, add my voice to to the list, requesting the end of this relationship.

And if you want to add yours to it, write about it and trackback here, or comment directly here (there are already dozens of comments; there’ll be hundreds by tomorrow I’m sure).

By the way, from the comments over there, the best.comment.ever, addressed to BzzAgent, from Matthew Skala:

“Hey, guys, 1998 called. They want their business plan back.”

Heh. That’s funny.

Update:

Balter apologizes

(I’m going to turn comments off on this particular post, ‘cuz the place they really need to be is over at Lessig’s blog. Add your voice, click here, and weigh in.)

April 29, 2005

Getting Away From McMarketing

Carolyn Elefant has a great piece up today entitled “McMarketing vs. The Real Deal.” Good stuff, generalizable to any industry.

Some juicy bits:

“It’s pretty clear that law marketing has invaded large firm practice – and guess what? They’re all doing the same thing. Two large firm attorneys spoke at the conference that I attended; both had the requisite power point presentations which they’d also printed out on paper emblazoned with the firm logo and contact information. Both attorneys gave polished presentations, explaining just enough, in general terms – but not “giving away the store.” In other words, none of the papers cited the statutory support for the matters discussed or listed references where people might go to learn more. So, that I gathered is Practice 1 of Biglaw McMarketing – give away enough to make ’em call you, but no more.”

(By the way, McMarketing Practice 2 is “Be Elusive,” and Practice 3, “Speak To Industry Associations.”)

Although Carolyn, a solo practitioner, was presenting against The Big Names on the card, let’s see what happened at the end of the day:

“Finally, here’s the beauty of not following marketing rules sometimes and just going with the flow. By the end of the conference, the rumblings about starting a trade association became a true organized effort and I was drafted as Legislative Director and interviewed for the local TV station. Because of my blogging background (naturally, I touted my professional blog during my talk), I was able to throw together a website for our fledgling organization while others started the efforts on the Hill. Had I just waltzed into the conference and left after my talk, this opportunity never would have fallen into my lap. Only I know it really didn’t fall, it’s the product of a foundation that I’ve been laying in this field for at least a decade. ” (emphasis added)

Doing generic presentations with PowerPoint is pretty near the top of the list of Things That Are The Devil. (Happy to add that I think it’s been at least three years since I walked into a customer meeting with a presentation, unless it was specifically requested. The look of circuits popping when calmly stating “No, no presentation…actually was hoping we could chat and you could help us better understand what problems you are having” is priceless.)

While on the subject, here’s a clue. All press releases look the same. Yeah, you’ve written one like this at some point in your career (and, guilty as charged, I have too):

[Company name], a [noted | leading | large] provider of [insert industry name here] solutions is [happy | pleased | thrilled] to announce [a new customer | a new product].

[Paragraph with lame details here]

[Paragraph with glowing quote from executive here, that was written by someone else]

[Paragraph with contrived quote from a customer here, that was written by someone else]

[Paragraph from a “Noted Industry Analyst”&reg here, that took three weeks to get approved through the analyst’s business prevention department]

[Pollyanna penultimate paragraph painting priceless predictions for the future of the industry]

[About Company X, a rehash of the lame stuff in the first sentence of the first paragraph]

I can hear the cries now…”Oh, we can’t be creative and do things differently. We wouldn’t look like the others in our industry, then. And besides that, it’s hard.”

That’s why it’s worth doing.

April 29, 2005

Great Business Blogging Article From CIO Insight

Ed Cone has just published an in-depth article on enterprise blogging, entitled “Rise of the Blog” in CIO Insight.

A very well written piece. A particularly spot-on assessment was:

“By enabling comments on its blogs, Sun can get a look at what mix of customers, partners, developers and employees is frequenting its sites, and respond to them. Customers who used to interact only with their salesperson can now communicate with members of the product team.”

DING! This really is the meat of this conversation. Sun’s folks seem to agree.

Jonathan Schwartz – “There’s an immediacy of interaction you can get with your audience through blogging that’s hard to get any other way, except by face-to-face communication. There’s no other way any individual, never mind someone who’s running a company as large as Sun, could speak face-to-face with that large an audience on a regular basis.”

Tim Bray – “This is a fantastically effective listening device. Customers are coming to us directly as bloggers. People see us do something wrong or stupid, or missing a chance, and they tell us. We get dozens of comments a week that can help us, and they go to the right people—how else is a smart guy in Cleveland going to find the relevant person at a computer company with 30,000 employees?”

This is the vanguard of this thinking, and really is presaging a move towards real customer interaction, as opposed to the things that have been called “CRM” but are really tools for managing sales teams and the Street.

Another bit in there that really stood out was the reference that Jared Spataro of Open Text made regarding the internal use of blogs as a communications medium during the integration phase of M&A activities. (Would have liked to have seen more depth on this; it sounds like a great application.)

Of course, David Weinberger gets the digging quote, saying that “public-facing blogs with voices that sound recognizably human will kill the ‘pompous and inhuman’ tone used in much corporate-speak.”

Indeed.

April 24, 2005

BusinessWeek Business Blogging Cover Story Nails It

The cover story of the current issue of BusinessWeek sums it up well: “Blogs Will Change Your Business.”

Reading through the article, the one quote that resonated (and continues to do so) was this one: “Your customers and rivals are figuring blogs out. Our advice: Catch up…or catch you later.” It definitely feels like we’re at the inflection point; about to hit Geoffrey Moore’s chasm with respect to business blogging.

A couple of interesting tidbits:

Tidbit 1 – BW has launched blogspotting.net, their own actual, honest-to-goodness blog to cover the emerging area of blogs and business. To Heather, Steve, and the rest of the BW team…nice job!

Tidbit 2 – They also did a nice job pulling together a quick list of things to consider when launching a business blogging initiative. (Unfortunately, BW buried the link in a place requiring serious excavation in order to find it.) The highlights:

Train Your Bloggers
Be Careful with Fake Blogs
Track Blogs
PR Truly Means Public Relations
Be Transparent
Rethink Your Corporate Secrets

Boilers are stoked. Pressure is right. It’s time for this train to leave the station.

Although the quote noted above is spot on, the customer angle, and the “how are people really addressing business blogging” aspects were glossed over a bit in the article. (However, considering the article’s breadth, that’s understandable.) That being said, still would have like to have seen more case studies, and more examples of the different ways organizations are using blogs to connect with customers.

April 22, 2005

Corporate Logo Tattoos: Literal Corporate Branding

When branding becomes “branding,” I s’pose.

Excerpt: “In an attempt to form personal and social identities, consumers begin to identify with the dominant discourse of consumer culture. Corporate logo tattoo consumers are thus expressing collective representations of consumer culture, not individual representations of individuality. “

The whole thing is here: Corporate Logo Tattoos: Literal Corporate Branding

What do folks think about this? I’ve always viewed tattoos and other types of body mods as a sort of the ultimate personalization, taking something that has been given to you (via genetics and heredity), and hacking it in a way that makes it even more uniquely yours. (I still think the mark I’ve seen that has struck me as the most personal is that of a good friend who has “DNR” tattooed on his sternum…a crystal clear reminder to self that anything can happen to anyone at any time, and to make every day count if there ever was one.)

I suppose I can even see the point of tattooing as a mark of identification with a small, unique group; a shibboleth of sorts. A tangible, permanent show of community membership. But something like this? I don’t get it. Corporations are the exact opposite of individuality and getting a tattoo of their logo surely just makes you a human advertisement expect you don’t get paid for it. I understand that some people can feel weirdly fond and even passionate about a business, but in that case, just use a corporate t-shirt printing service to create some t-shirts of their brand. Why would you permanently disfigure yourself with a tattoo? Can someone ‘splain?