I was recently asked if running an ad before a Martha Stewart clip on Martha Stewart.com has any more value than running an ad before that same clip on YouTube?
Its an easy answer for the buyer in me, but for the marketer its not as clear.
As a buyer, since syndicated content is a new way for content creators to increase their supply of ad space, I would pay less. Supply and demand, you create more supply through syndication, I pay less, simple. I'm sure the sellers would accept that, but what if they didn't?
As a marketer is there really less value? I don't know. Some people argue that it doesn't matter what content is next to ad, much less the subtle difference of what website hosts it. All that matters to them is who the individual is that see's the ad. What's their age, what are they in the market to buy, are they the right target. The context in which the ad is viewed means little, and they sacrifice that to get more exposure per dollar. If its cheaper to advertise to me during a Battlestar Gallactica rerun, why pay more to advertise to me during the Grey's Anatomy finale?
I think there are times to follow that logic and times not to. Your state of mind changes depending on what content your consuming, and seed planting is art that requires harmony of message, target, context, and timing. There is alot to that special sauce.
But I'm hard pressed to think there more's marketing value to the shell that holds the same content. YouTube or Martha Stewart, NBC.com vs Hulu.
What are your thoughts?
Saturday, May 31, 2008
Friday, May 2, 2008
What Wu Tang Taught Me About Social Marketing
When I was in college most of my friends were very into hip hop and it wasn't for me. I'm more into Springstein and the Who. But I wanted to be included in their conversations. If I showed knowledge of something that was both off the everyday's hip hop fan's radar and that the hard core fans thought was awesome, I could leverage this undiscovered gem.
So whenever I had the opportunity amongst a hip hop conversation I would say "Capadonna's verse in Winter Wars was the best rhyme ever." I was quite the hit at parties. Thanks for the tip Jared.
As a marketer there are conversations around cars, traveling, eating, clothes, food, entertainment, health, style that we want to get into. Most corporate messages are as out of place in these conversations as I was in hip hop conversations. But if we can create something that's just a little obscure but our most ardent influential customers think is awesome, maybe we have a chance.
I think our Portland Office did a great job at this with their Bruce Campbell Old Spice spots.
So whenever I had the opportunity amongst a hip hop conversation I would say "Capadonna's verse in Winter Wars was the best rhyme ever." I was quite the hit at parties. Thanks for the tip Jared.
As a marketer there are conversations around cars, traveling, eating, clothes, food, entertainment, health, style that we want to get into. Most corporate messages are as out of place in these conversations as I was in hip hop conversations. But if we can create something that's just a little obscure but our most ardent influential customers think is awesome, maybe we have a chance.
I think our Portland Office did a great job at this with their Bruce Campbell Old Spice spots.
Wednesday, April 30, 2008
Why Participate?
Jason Calacannis writes a straightforward post about why he is a "Community CEO". Its short, to the point, and gives a concrete example. Its here.
I take some jibes at the office for blogging, twittering and delicousing. Because when you have a large, active community like Jason does you can leverage it for amazing benefits. I'll admit the value isn't huge for me yet, but I've only really been at it for 6 months.
In 6 months I have over 60 followers on Twitter (most of which are new people in my life and in aligned professions) and blog has started to get some comments and readers. My readers and followers grow every month.
All I do is try to provide valuable insights, write consistently, and participate in other people's conversations. The 2-4 hours a week I put in might grow my community and become a unique professional asset over time. The consistency keeps me well read and directs to me to form my opinions on digital marketing, which often find their way into my work at the office. Actually paying back dividends on the time I invested.
Faith in the benefits of a large, active community and a long sited view justifies the time I put in for me personally. But brands would benefit from the same perspective.
Even if your a company, you can't write a check big enough and buy a community that cares about your brand, its built over time with consistency and value. I know that's not easy, but the upside is that it shouldn't cost a lot either. And while your building you'll probably recognize some benefits you weren't expecting.
I take some jibes at the office for blogging, twittering and delicousing. Because when you have a large, active community like Jason does you can leverage it for amazing benefits. I'll admit the value isn't huge for me yet, but I've only really been at it for 6 months.
In 6 months I have over 60 followers on Twitter (most of which are new people in my life and in aligned professions) and blog has started to get some comments and readers. My readers and followers grow every month.
All I do is try to provide valuable insights, write consistently, and participate in other people's conversations. The 2-4 hours a week I put in might grow my community and become a unique professional asset over time. The consistency keeps me well read and directs to me to form my opinions on digital marketing, which often find their way into my work at the office. Actually paying back dividends on the time I invested.
Faith in the benefits of a large, active community and a long sited view justifies the time I put in for me personally. But brands would benefit from the same perspective.
Even if your a company, you can't write a check big enough and buy a community that cares about your brand, its built over time with consistency and value. I know that's not easy, but the upside is that it shouldn't cost a lot either. And while your building you'll probably recognize some benefits you weren't expecting.
Saturday, April 26, 2008
Blog Legendary
maybe its my fault
maybe I made you think I have a lot of free time to blog
maybe I made it look like these ideas just fell out of the sky
maybe I don't like the NBA and NHL playoffs and leaves me tons of time
maybe you think I put all my ideas in my blog and don't save any for my clients
maybe I made you think I don't need to recharge my batteries on the weekends
maybe you thought its easy for me to keep up quips on Twitter and still have blog posts in me
maybe I never draw blanks on new ideas to write about
maybe my blog posts are cheap cop outs to try and hype up other WKNY work that other people did
OR MAYBE, your just making excuses
BLOG LEGENDARY
Oh, and in case you didn't know. Your blogging owes my blogging $20
Thank you for coming.
maybe I made you think I have a lot of free time to blog
maybe I made it look like these ideas just fell out of the sky
maybe I don't like the NBA and NHL playoffs and leaves me tons of time
maybe you think I put all my ideas in my blog and don't save any for my clients
maybe I made you think I don't need to recharge my batteries on the weekends
maybe you thought its easy for me to keep up quips on Twitter and still have blog posts in me
maybe I never draw blanks on new ideas to write about
maybe my blog posts are cheap cop outs to try and hype up other WKNY work that other people did
OR MAYBE, your just making excuses
BLOG LEGENDARY
Oh, and in case you didn't know. Your blogging owes my blogging $20
Thank you for coming.
Labels:
Just Do It
Friday, April 18, 2008
Ning and the Underpants Gnomes
Article in Fast Company Today about Marc Andreeson's Ning. It talks about the viral loop, that creating a company that successfully get users to recruit their friends is awesome. How VC's love it, valuations go straight to billions and its nearly infallible.

None of the gnomes actually know what the second phase is, and all of them assume that someone else within the organization does.
Watch the Underpants Gnomes Episode, its great. Fast forward to last 4 minutes for more detail on the business model.
Why haven't you heard of the viral loop yet:
You might wonder how something as profound, powerful, and potentially profitable as a viral loop has remained under the radar for so long. Andrew Chen, a blogger and former advertising executive who worked with MySpace, Hi5, and other social sites, has a simple answer: This critical insight "is worth a lot of money," and the few people who understand it "are all doing their own companies."
Here's my problem. Blogger, Digg, Twitter, LinkedIn, MySpace, Facebook, or Flickr. They have the viral loop, loads of users, have sky high valuations and they don't have a profitable business and no one seems to care about that. Not important, at all.
Reminds me of my favorite cartoon that I along with old friend Brett Goffin used to laugh about as we waited for the subsequent burst of internet bubble 1.0 in 2000.
The UnderPants Gnomes. The "Underpants Gnomes" are a community of underground gnomes.
The Underpants gnomes have a three-phase business plan,
None of the gnomes actually know what the second phase is, and all of them assume that someone else within the organization does.
Watch the Underpants Gnomes Episode, its great. Fast forward to last 4 minutes for more detail on the business model.
This time its probably different though, the viral loop is too powerful, those who know about are so secretive and brilliant they are just withholding phase 2 until the opportune moment.
Thursday, April 17, 2008
So You Want To Twitter
Step 1: Got to Twitter.com and sign up for an account. If you’re not following at least 25 people the experience is kind of lost (some reco’s below). If you tried it before and didn't follow 25 people it doesn't count. Try it again.
Step 2: Download and Install Twhirl
Step 3: Using Twhirl search for people that talk about what you’re interested in, follow the ones with interesting things to say. If you like cooking, search the word "cooking"
Step 4: Once you observe Twitter users you think are providing you value, and you want to get in the coversation, base your post frequency, style, and topics on them.
Here are some people worth following if your a marketer, you can quickly add them by clicking on the Following link from my Twitter page
JasonCalacanis / Jason Calacanis - Cocky, opiniated entrepreneur. Owns Mahalo.com
Scobleizer / Robert Scoble - Classic Geek, Loves Technology and Business
jowyang / Jeremiah - Social Media Expert from Forrester
loiclemeur / Loic Le Meur - Owns Seismic, great video's
Armano / David Armano - Designer
darrylohrt / darryl ohrt - Planner
bmorrissey / Brian Morrissey - Ad Age Writer
skydiver / Peter Shankman - Social Media/ PR guy/ high energy creative plane jumping nut
guykawasaki / Guy Kawasaki - Old School Apple Marketer gone VC
THespos1 - Tom Hespos - Agency Owner
mediadarwin - Jim Meskauskas - Gifted Media Expert, Dayjobbing as a Pirate
chucknorris_ - Chuck Norris - Beat a brick wall in a game of tennis
rgleeson / renny - World Wide Digitist
TechCrunch / Michael Arrington - Will tell you who's getting money, who's great, who sucks
ischafer / Ian Schafer - Digital Agency Owner, Creative, Daring, Interesting
sarahcuda / Sarah Lacy - Much harrassed but bright business writer
jasonclement - Search guru
daveknox - P&G brand manager
adrants / Adrants - They know when you are lame
Step 2: Download and Install Twhirl
Step 3: Using Twhirl search for people that talk about what you’re interested in, follow the ones with interesting things to say. If you like cooking, search the word "cooking"
Step 4: Once you observe Twitter users you think are providing you value, and you want to get in the coversation, base your post frequency, style, and topics on them.
Here are some people worth following if your a marketer, you can quickly add them by clicking on the Following link from my Twitter page
JasonCalacanis / Jason Calacanis - Cocky, opiniated entrepreneur. Owns Mahalo.com
Scobleizer / Robert Scoble - Classic Geek, Loves Technology and Business
jowyang / Jeremiah - Social Media Expert from Forrester
loiclemeur / Loic Le Meur - Owns Seismic, great video's
Armano / David Armano - Designer
darrylohrt / darryl ohrt - Planner
bmorrissey / Brian Morrissey - Ad Age Writer
skydiver / Peter Shankman - Social Media/ PR guy/ high energy creative plane jumping nut
guykawasaki / Guy Kawasaki - Old School Apple Marketer gone VC
THespos1 - Tom Hespos - Agency Owner
mediadarwin - Jim Meskauskas - Gifted Media Expert, Dayjobbing as a Pirate
chucknorris_ - Chuck Norris - Beat a brick wall in a game of tennis
rgleeson / renny - World Wide Digitist
TechCrunch / Michael Arrington - Will tell you who's getting money, who's great, who sucks
ischafer / Ian Schafer - Digital Agency Owner, Creative, Daring, Interesting
sarahcuda / Sarah Lacy - Much harrassed but bright business writer
jasonclement - Search guru
daveknox - P&G brand manager
adrants / Adrants - They know when you are lame
Labels:
Twitter 101
Friday, April 11, 2008
Being a Curator
“The Internet allows every company to become a media company,” he said. “It takes resources, dedication and a nose for creating good content that people want. Brands will become digital curators in high interest niches. This will either be a solo effort, or more likely, in partnership with bloggers, media companies and/or everyday consumers.”
MediaShift . Digging Deeper::The Social Press Release: Multimedia, Two-Way, Direct to the Public PBS
It reminds me of a time I was in a meeting with colleagues who's client wanted ads that showed that they were an "arbiter of culture". I said, "Cool, but would it make more sense to just arbite culture". Its the commitment and change in business practices that makes that tricky.
Some problems you might encounter along the way.
MediaShift . Digging Deeper::The Social Press Release: Multimedia, Two-Way, Direct to the Public PBS
It reminds me of a time I was in a meeting with colleagues who's client wanted ads that showed that they were an "arbiter of culture". I said, "Cool, but would it make more sense to just arbite culture". Its the commitment and change in business practices that makes that tricky.
Some problems you might encounter along the way.
- If you want to keep content fresh and regular don't expect the same production values as brochures and commercials with 6 months lead times
- Don't lie to yourself. If the little voice in your head thinks its not 100% authentic, its not
- Don't expect immediate results, becoming a truly valued source of information takes time, if you expect this tactic to lift back to school sales significantly your too late
- Accept that the last time you tried this that you sucked and nobody came because you didn't invest in enough promotion, or the content wasn't good enough
- Don't bet the farm on it. Bet a little bit on it, but stick with it, learn from mistakes, and watch it grow.
- Your other marketing budgets (TV, OOH, etc...) aren't going away they are just getting diversified and will need to be more efficient
Labels:
Blogging Social Media
Subscribe to:
Posts (Atom)