Category Archives: marketing

'Tis the Season For Predictions

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Here are summaries of a couple of social media-related forecast stories that have come across my screen recently.

Eight Experts Predict How Web 2.0 Will Evolve In 2009

You won’t find a lot of big surprises here, but there’s good solid consensus on some driving trends.

  • One is that there will be a strong move toward federated identity that gives control of the user’s data back to the user. It’s ridiculous that people have to create 20 different profiles for 20 different social networks. We should be in charge of our own data and decide how to share it with others.
  • Another theme is that mobile devices will become more location-aware, meaning that applications will deliver targeted results based upon where the user is standing. There’s also general agreement that the Web 2.0 industry is ripe for consolidation. That’s true, but what I believe will be surprising is how minor that consolidation will be, particularly compared to the great dot-com collapse of 2001-2002. Many of today’s successful networks run on a shoestring and will be able to weather the economic storm because their operating costs are so low.
  • One seer from Google’s mapping operations also sees the rise of “collaborative mapping,” in which people working together with friends and colleagues build shared maps of places they care about.

Experts’ predictions for 2009

iMedia Connection asks six marketing and advertising executives about their predictions for 2009. While there aren’t many surprises, some of the panelists’ views are notably well stated. Highlights:

  • Investment and commercial banks left standing will turn to the internet to engage consumers in conversations about trust.
  • Marketers will start to look at the social networking opportunity as a way to extend utility and functionality with their brand attached to it…This means giving people tools to use rather than just throwing a message in their faces.
  • “Traditional” media companies have been actively incorporating social media into their online offerings for years and finding that it leads to greater levels of consumer involvement with content. The result is that, on places such as ESPN.com, BusinessWeek.com, the HealthCentral Network or iVillage, marketers can reap the benefits of the dynamic social media experience, while doing so in a safe, high-quality environment.
  • In 2009, expect to see closed caption technology being used to understand the content of the video clip and that content being matched with relevant advertising on a keyword basis.

Tonight’s Full Moon is Brightest Possible

Tonight the world will witness the brightest full moon ever: about 30 percent brighter and 14 percent larger than the other full moons this year. This is because the moon is much closer to the earth than usual. The moon comes closest to the earth during its perigee, but this year the actual distance from the planet will be shorter than usual.

FAQ, Part Deux

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I’ve recently conducted a couple of online seminars about social media topics. The Q&A sessions at these events are almost always too short to get to the issues that are on people’s minds. So over the next few issues of this newsletter, I’ll run down a few of the best questions I didn’t get to. For a good, free webcast on this topic, check out the recent event sponsored by Listrak.

To subscribe to my weekly newsletter, just fill out the short form to the right.

Q: What can millennials best teach us about social networking?

A: How to infuse it into everyday life. There’s a myth about millennials that the group is completely tuned in to the use of social media tools. In fact, I find that most young people are active users of Facebook, instant messaging and text messaging, but not much else. They don’t blog, rarely listen to podcasts and don’t use Twitter. What’s more, they don’t have much perspective on the value of these tools beyond their usefulness in everyday life. They’ll learn those things through experience and training, just like everyone else. But they’re not really as social media-savvy as they’re often given credit for.

What they are exceptionally good at doing it is managing relationships online. They don’t have any more close friends than their parents did at the same age, but they have a much larger number of casual acquaintances that they keep alive through occasional and indirect communication. I think that’s something we can all learn from.

Q: Have you found that social media outlets are used by particular age demographics or does it apply to all age ranges?

A: Nearly all age groups use a media, though there are variations. If you want to go into detail, get Groundswell by Josh Bernoff and Charlene Li. Their top-line observations are that the most active users are the under-25 group, but that usage is quite consistent between 25-and 55-year olds. It drops off rather sharply after that. However, there are significant variations by media and industry. For example, under-25s are more inclined to use instant messaging, text messaging and online video while podcasting and blogging are more popular with older age groups. It’s also interesting that the percentage of people under 25 who prefer instant messaging over e-mail is nearly the exact inverse of people over 25.

Q: How does the Google “Link:” command work?

A: In the Google search bar, type “link:www.gillin.com” substituting whatever URL you want. You can also access this command from Google’s advanced search page. This will give you a list of all webpages in Google’s search index that link to the specified domain or page.

Q: What’s the best way to convert your audience to make an actual purchase using social media?

A: There are many ways to do this, so I’ll give you an example of a direct and an indirect approach.  A direct approach might be to offer a discount coupon to people who join your social network, fill out a form or respond to a contest. Or you might ask people to view a short video to get an access code that they could redeem on a website.  The coupon could be delivered electronically as a thank-you message when visitors submit the form.

And indirect approach might be to set up an informational blog that educates visitors about your company or your area of expertise.  You can then surround this educational content with promotions or offers.

General Mills' Pssst… is a Weak Stab at Branded Community

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I just signed up for General Mills’ Pssst… membership club because I was interested in seeing how a big consumer products company assimilates all that we’ve learned about online communities and applies it to a super-brand site (plus, I love Lucky Charms!). It’s still early, but this site is off to a very weak start.

Pssst… is intended to bring fans of General Mills products closer to the company by inviting them into a members-only space where they can receive inside information, get coupons and samples and share their opinions about the company’s products. This is all the stuff that I preach organizations should do with branded communities. The site is produced in collaboration with GlobalPark, a company that manages online panels.

Pssst… is good in concept but bad in execution. I would not have launched the site in its current condition:

  • The “My Profile” section contains nothing more than a mailing address. That is not a profile; it is a contact form.
  • There are six “activities” listed on the “My Home” page. Two of them link to press releases. The other two  are invitations to download JPG images of General Mills products to display on your blog. The Yoplait image is nearly 1MB in size, which is a problem for people with low-bandwidth ISP accounts. I can’t publish it at full size because it would blow up my blog template, but click on the image above to see the downloaded image in all its glory. Why would General Mills want to deliver something this unwieldy? Also, the images have no added value. There are no links to coupons, no news, no games, nothing beyond a picture of a yogurt carton. Why would I embed that in my blog?
  • The last two activities are invitations to mail coupons to friends. The landing page has 18 boxes with spaces for nine friends’ names and e-mail addresses. You can personalize the message to all the names you enter, but not to an individual recipient. By using this page, you’re basically volunteering your friends for General Mills’ direct mail list. This feature would also appear to conflict with the site’s stated privacy policy that “we do not send unsolicited commercial emails.” There is nothing in the privacy policy that speaks to what happens to friends’ e-mail addresses after they are captured for the coupon promotion.
  • Also, it appears that the only way members can get coupons is to e-mail them to themselves. This would conflict with my advice that companies treat these branded destination as “clubs.” There is nothing in this club for me.
  • Finally, a prominent banner at the bottom of the home page reads “Want to start your own blog? Click here to find out how!” It links to the Blogger home page. Why is this even here? Why would General Mills want one of the most visible links on the home page to take the visitor off-site? Wouldn’t this be a nice opportunity to give people a blog within a branded General Mills space?

There are other small annoyances. There is no navigation on the activity pages. The most visible link in the navigation bar is “cancel membership.” Most of the real estate on the pages is wasted.

In sum, Pssst… is a disappointing first effort from a company that should know better.

FAQ

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I’ve recently conducted a couple of online seminars about social media topics. The Q&A sessions at these events are almost always too short to get to the issues that are on people’s minds. So over the next few issues of this newsletter, I’ll run down a few of the best questions I didn’t get to. For a good, free webcast on this topic, check out the recent event sponsored by Listrak.

To subscribe to my weekly newsletter, just fill out the short form to the right.

Q: What is the best way to find blogs that are applicable to your business?

A: I have half-day seminars that address this question, but I’ll try to be succinct! First of all, remember that a blog is simply a way to display information.  There is no industry standard definition of a blog, so the only way to identify one is by looking at it.  Even the search engines that specialize in blog search don’t always get it right.

That said, you should start with search.  The blog search tools I use are Google Blog Search, Technorati, IceRocket, Bloglines and Blogpulse. There are others, but I’m less familiar with them. Tip: Use advanced search; it will save you time and better refine your results.

When you find bloggers who look important to you, look in their blogrolls, which are lists of other bloggers that they pay attention to. Blogrolls can usually be found on the home page.  This can save you a lot of time because the bloggers have already done the searching for you.

I also recommend searching social bookmarking sites like Delicious and Reddit. People share and comment upon favorite bookmarked pages there. Very often you’ll find sites on social bookmarking services that don’t show up prominently in search engines.

Q: Can you review the different social media for different communication goals?

A: Chapter 2 of my latest book, Secrets of Social Media Marketing, goes into quite a bit of detail about this, but here’s a synopsis:

Blogs: Easy, fast and flexible. Think of them as a podium. You’re the speaker and you can say your peace and invite commentary. Blogs are good for telling a story, but not very good for interaction or conversation.

Podcasts: These are basically audio blogs. They’re very good for communicating a message but have almost zero interactivity. Podcasts are very popular with busy executives who like the efficiency of being able to learn when they can’t read. They’re basically a one-way medium, however.

Video podcasts: Good for telling a story visually, but people tire of them quickly if the content isn’t compelling. Video podcasts are excellent vehicles for humor or offbeat content. They have almost no interactivity. Think of them as TV commercials that viewers can easily share with each other.

Social networks: These are great places to listen to ongoing conversations and to gain insight on customers and markets. You can also use them to pose general questions about you market. Don’t be too specific, though; social networks are public forums. Popular topics can yield insight into new product possibilities.

Private Communities (for example, Communispace and Passenger): These are next-generation focus groups. Usually run by firms that specialize in community management, the members are hand-selected, carefully nurtured and often bound by confidentiality agreements. Private communities are a great way to get advice from a lot of perspectives in a hurry. The downside: high cost

Microblogs (for example, Twitter and a host of others): Very fast, targeted and responsive, they’re a great way to ask questions and get quick answers or to promote a timely idea or service. Interactivity is excellent, but content is limited to short messages and it’s difficult to integrate multimedia.

Virtual worlds (for example, Second Life and others): These venues may be good for real-time events, but the software is still too clunky for most people to use. Virtual worlds fare best with techie audiences. They’re unique in that you can observe group dynamics, such as facial expressions and body language. They’re also good for events with a strong visual component.

Q: We run a lodging resort and saw negative comments someone had posted about their experience here on their blog. How do you turn a negative blogger into a positive blogger?

A: The tactics that work in the physical world also work online: invite feedback, listen, confirm what you heard and offer some kind of relief or explanation.  In 80% to 90% of these situations, the naysayers can be neutralized or even turned into advocates with these tactics.  Since bloggers can’t see their audience, they tend to write in strong terms, sort of like shouting into the wilderness.  Once you personalize the interaction, they usually back down.  Start by commenting on the blog and also by sending a private e-mail.  It may even be worth picking up the phone.  The more you humanize the interaction, the quicker you’ll bring them around.

Why Marketers Should Think Like Publishers

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Hubspot just posted an interview with me about Why Marketers Should ‘Think Like Publishers’. I think this is a crucial barrier for many marketers, who have been taught to think of themselves as media influencers. While that role is still important, today marketers can actually become the media if they so choose. But that requires that they think differently about how they present information and target their audiences. I have some thoughts about that in the interview.

Thanks to HubSpot for the opportunity to voice these views. Hubspot has pioneered the concept of “inbound marketing,” in which the goal is to present compelling content that attracts visitors to a business rather than spewing messages at people. The company’s business has tripled in the last year, indicating that there are still opportunities for growth in this challenging economy.

What J&J Could Have Done

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It wasn’t exactly a repeat of the 1982 poisoned Tylenol disaster, but Johnson & Johnson was struggling with a minor crisis this week after some vocal critics derided an edgy ad that implied that new moms could suffer back pain from carrying their infants. What can we learn from this episode and was J&J’s rapid apology really the best response?

The video had actually been online for more than six weeks before a few vocal moms on Twitter began trashing it this past weekend. The ad suggests, with tongue in cheek, that new moms who bond with their babies by carrying them in slings and chest packs may be inadvertently giving themselves back pain. The message wasn’t that moms shouldn’t bond with their children but that they should be ready for the consequences.

Seems innocuous enough, but a few vocal mommy bloggers didn’t see it that way. They thought the ad was insulting to mothers and they Twittered their criticism, calling for a boycott of Motrin. Bloggers picked up on the controversy and posted more than 100 opinions about the ad, J&J’s reaction and the media frenzy that surrounded it. There were even parody ads making fun of the whole affair. Forrester’s Josh Bernoff has a good account of the controversy with links to background material.

A chastened J&J pulled the ad off its website and issued an apology on its corporate blog. The promotion “was meant to engender sympathy and appreciation for all that parents do for their kids, but did so through an attempt at humor that missed the mark and many moms found offensive,” wrote Kathy Widmer, Vice President of Marketing at McNeil Consumer Healthcare.

J&J probably had no choice but to withdraw the ad, since the criticism was threatening to swamp any benefit the company had hoped to receive. But you also have to wonder if the company hurt itself by buckling to political correctness due to pressure from a minority of critics. After all, the ad hadn’t seemed to offend anyone in particular during the first six weeks it was posted. It was only after a few outraged mommy bloggers began drawing attention to it that the criticism spiraled out of control. At that point, it was too late for J&J to explain its motives. Its critics had taken control of the conversation and anything the company did would look defensive and stubborn.

The incident quickly created a lot of soul-searching on both sides. A backlash against #motrinmoms developed, with some people criticizing the critics for practicing mob rule. Even one of the most vocal motrinmoms, Jessica Gottlieb, suggested that J&J overreacted in pulling down the ad. In fact most of the recent blogger activity has focused more on untangling what happened than debating whether J&J was right or wrong.

Here’s my take. J&J’s choice of language in the ad was arrogant and dismissive. The ad talked down to mothers and was begging for a backlash. However, that wasn’t necessarily a reason not to run it. J&J could have mitigated the criticism, or even turned it to its advantage, by using social media channels more effectively:

  • The company could have invited a select group of mommy bloggers to preview the campaign privately and offer feedback. Even if the company had elected to go ahead without making changes, it would have been able to argue that it had sought guidance from its target group. And if the moms had blessed the video, it would have been the ultimate defense for J&J.
  • The ad could have been presented in a humorous context on the Motrin site. A message like, “We know your babies aren’t a fashion accessory, but since this is International Baby-Wearing Week, we thought you’d appreciate this good-natured parody,” would have gone a long way toward heading off criticism.
  • J&J could have listened. When a blogger tracked down the head of corporate communications for J&J’s ad agency for a comment on the firestorm on Sunday afternoon, the woman professed to know nothing about the controversy. This is despite the fact that more than 2,000 Twitter messages had already been posted. Take note: the blogosphere doesn’t take weekends off.
  • The company could have jumped into the Twitterstream and engaged. It didn’t, preferring to post a rather brief statement on the blog and issue a press release. Kathy Widmer should have responded on the critics’ own turf. Her message was constructive, but a little too disconnected.
  • J&J could have been more profuse in its apologies. A big donation to Babywearing International would have been a start. Or it could have taken Jessica Gottlieb’s advice and distributed baby slings in maternity awards around the country. I’m not sure I agree that branding them with the Motrin logo would have been such a good idea.

In today’s networked world, there is no excuse for a corporation to be surprised by negative response to a controversial message. Social networks and the blogosphere offer a cheap and speedy way to anticipate criticism. Ironically, J&J is one of only two pharmaceutical companies to host a corporate blog (Glaxo’s alliConnect is the only other one I’m familiar with). This company gets new media more than most of its peers, which makes this online ambush particularly ironic.

Recommended Reading, 11/18/08

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How word of mouth helped launch Kraft’s cream cheese

This 49-minute podcast from iMediaConnection’s Brand Summit interested me not so much for the marketing case study (although it’s a very good example of viral marketing) as for the honest description of the barriers these two Kraft brand managers confronted in selling their word-of-mouth marketing campaign. You won’t often hear corporate marketers speak so frankly about internal politics.

Adam and Tyler had to repeatedly sell the concept of giving up control over the message to skeptical colleagues, corporate lawyers and top management. Even after the campaign had successfully concluded, they still faced opposition. In some cases, they dealt with it by simply ignoring it or telling people what they wanted to hear. There’s also a good account around minute 40 of how they entered the blogosphere to engage with online critics when the guidance from management and legal was to remain silent. Here’s a link to a written interview, but you’ll get a fuller story from the podcast.

The groundswell gives Motrin a headache

Josh Bernoff has a nice wrap-up of the blog/Twitter/Facebook storm that erupted this past weekend over J&J’s ill-considered “Motrin Moms” ad. The company could have avoided the whole mess by testing the ad with a group of moms, who are some of the most active online networkers. Such a simple way to avoid embarrassment and the cost would have been minimal. Now J&J’s smarting from the whole experience. McNeiil’s VP of marketing has the mea culpa here.

Visa uses Facebook network to reach small businesses

The credit company is experimenting with a Facebook community that offers small business owners a way to connect with each other and to get business management advice from Visa. More than 21,000 members have joined and the repeat-visit rate is twice the industry norm.

Earth’s Vital List

Here’s a novel promotion for the forthcoming movie “The Day the Earth Stood Still.” 20th Century Fox is creating a global participation campaign that enables people to vote on what they would save if the earth truly stood still. From the press release:

Earth’s Vital List, which launches today, poses the question, If the earth was under attack what would you save? Consumers are asked to build a “Vital List” of 12 items (people, places or things) they would save on “the day the earth stands still.” Vital lists can be shared with friends encouraging feedback and votes on which items are truly vital. The world’s most vital items will be tabulated on a global microsite. The site also provides visitors with a view on how items are being ranked around the globe.

A countdown to the film’s US release (12/12/08) will coincide with a special reveal of the world’s 1,212 most prized possessions on MySpace.com/earthvitallist.com.

Amex Explains it All

I recently criticized corporate bloggers for spewing happy talk while the financial world melted down. So it was nice to see this profile of Marcy Shinder, VP of brand marketing and stategy for American Express OPEN. Amex responded quickly to the Wall Street crisis with a series of articles and multimedia messages aimed at small-to-medium businesses and outlining what the crisis means to them as well as steps they can take to survive the downturn.

The Viral Video Marketing Dilemma

Metrics expert Mark Ghuneim suggests that we still have a long way to go in evolving our thinking about viral video metrics beyond view counts. Marketers are beginning to think more holistically about how to measure success. Quoting:

According to a recent FEED Company study, some 70% of ad-agency and media-buying executives plan to increase budgets for viral video marketing in 2009. In addition, 72% of ad-agency executives and media buyers say their clients are “interested” or “very interested” in using viral video as an integral part of their marketing campaigns….

“Favoriting,” commenting, linking to, embedding, social network amplification and other action all constitute a level of user attention that must somehow be accounted for and given appropriate value.

In addition, a marketing executive would also want to know how users were discovering their video, as well as how quickly the view counts were growing. The velocity of consumption and adoption is an important indicator as well as factors beyond the standard impression and stream data. For example, are bloggers talking about the video? Are users micro-blogging about the video?

LinkedIn cuts 10 percent of its workforce

With an average member earning about $110,000 a year and more than $100 million in investment capital in the bank, you’d think LinkedIn would be sitting pretty. Yet the company is laying off about 36 people. Smart move. Don’t let VC love make you fat and happy.

Yahoo’s Yang Has No Regrets — He Should

Om Malik has little nice to say about Jerry Yang’s stewardship of Yahoo. Yang now basically admits he should have sold to Microsoft when he had the chance and the collapse of a partnership with Google is particularly painful. With the economy now in the tank, what’s next?

The Vote: A Victory for Social Media, Too

BusinessWeek is all breathless about the energy that social networks brought to election day, and there are some good stories/examples here. However, listen to NPR’s story on turnout levels for a more sobering view. Turnout was good for the US, but we still lag far behind other democracies.

Google Aims To Predict Flu Outbreaks

Privacy advocates may blanch, but I think this is a totally cool way to mine patterns from search behavior that contributes to the common good. What an innovative idea!

Interesting Reading, 11/13/08

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Traditional Media Hit Harder Than In Past Recessions

It used to be that three mainstream media channels – newspapers, radio and magazines – reliably predicted the economy’s decline into a recession and its recovery. That all changed about three years ago. Newspapers and magazines fell while the economy was rising and show no sign of anticipating a recovery. The results, writes Erik Sass:

While softening ad revenue anticipated the two previous economic downturns by about a year, in the most recent case, the slowdown for magazines, newspapers and radio began about three years before. In addition, the declines have already proven to be steeper in this pre-recession period than at the height of the previous ones. This suggests that all three traditional media, suffering from both secular and macroeconomic trends, are poised to suffer unprecedented losses in the economic downturn that is now unfolding.

Magazine Ad Pages Drop, Holiday Season Looks Grim

OMG, these numbers are terrible. At least we’re all in this together. Quoting:

On Oct. 28, the Conference Board announced that its consumer confidence index had plummeted to an all-time low of about 38 out of 100, a drop of over one-third from its level of 61.4 in September. The expectations index–which evaluates consumer sentiment about the future–went even lower, dropping from 61.5 to 35.5. Lynn Franco, director of the Conference Board’s research center, said the decline in the confidence index was “the lowest reading on record” since the index began tracking consumer attitudes in 1985

Macy’s said it will eliminate all magazine advertising in the first half of 2009, although its holiday marketing budget is still largely intact. Subsequently, The New York Times reported that Neiman’s specialty retail segment–including Neiman Marcus Stores and Bergdorf Goodman–saw sales tumble 27.6% in October, while Nordstrom is down 15.7%, and Target fell 4.8%.

Online Retailers Tightening Belts

Here’s one explanation for the story above. Quoting:

  • In a Shop.org holiday survey, 30% of online retail marketers said they were trimming marketing budgets, while 16% said they were reducing promotional spending.
  • 45% of retailers said their budgets for free-shipping promotions were either significantly or somewhat higher compared to last year.
  • Forrester projects sales this holiday season will grow at the slowest rate ever, 12% vs. 21% a year ago.
  • 45% of online consumers plan to buy less overall this holiday due to uncertainty about the economy, up from 20% in 2007.
  • A full 21% of consumers plan to shop primarily or entirely online this season, up from 19% last year. And 24% of total dollars spent this season are expected to be spent online, compared with 22% last year.

Marketing Executives Networking Group Survey Finds Social Media Practices Still in Infancy Stages

A survey last month and found that 67% of respondents consider themselves beginners at using social media for marketing purposes. Additionally, more than 87% of respondents are not regularly measuring the ROI of their social media marketing efforts. “

The Viral Video Marketing Dilemma

Metrics expert Mark Ghuneim suggests that we still have a long way to go in evolving our thinking about viral video metrics beyond view counts. Marketers are beginning to think more holistically about how to measure success. Quoting:

According to a recent FEED Company study, some 70% of ad-agency and media-buying executives plan to increase budgets for viral video marketing in 2009. In addition, 72% of ad-agency executives and media buyers say their clients are “interested” or “very interested” in using viral video as an integral part of their marketing campaigns.

“Favoriting,” commenting, linking to, embedding, social network amplification and other action all constitute a level of user attention that must somehow be accounted for and given appropriate value.

In addition, a marketing executive would also want to know how users were discovering their video, as well as how quickly the view counts were growing. The velocity of consumption and adoption is an important indicator as well as factors beyond the standard impression and stream data. For example, are bloggers talking about the video? Are users micro-blogging about the video?

The Vote: A Victory for Social Media, Too

BusinessWeek is all breathless about the energy that social networks brought to election day, and there are some good stories/examples here. However, also listen to NPR’s story on turnout levels for a more sobering view. Turnout was good for the US, but we still lag far behind other democracies.

Top Five Ways to Piss off a Blogger

With tongue only partly in cheek, Peter Shankman lists Stupid PR Mistakes that annoy bloggers. Most of these have been annoying reporters for years!

Google Aims To Predict Flu Outbreaks

Privacy advocates may blanch, but I think this is a totally cool way to mine patterns from search behavior that contributes to the common good. What an innovative idea!

LinkedIn cuts 10 percent of its workforce

With an average member earning about $110,000 a year and more than $100 million in investment capital in the bank, you’d think LinkedIn would be sitting pretty. Yet the company is laying off about 36 people. Smart move. Don’t let VC love make you fat and happy.

Yahoo’s Yang Has No Regrets — He Should

Om Malik has little nice to say about Jerry Yang’s stewardship of Yahoo. Yang now basically admits he should have sold to Microsoft when he had the chance and the collapse of a partnership with Google is particularly painful. With the economy now in the tank, what’s next?

How To Win in the Search-Driven Media World

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Last week, I suggested that people’s information consumption habits have changed permanently as a result of tools like Google Alerts and RSS feeds. These technologies make it possible for people to subscribe to keywords rather than publications. While media brands will always matter, their importance will decline as people become more accustomed to selecting information by topic and new trusted brands emerge from the world of social media.

So what does this all mean to marketers? A lot. No longer is success a matter of placing messages in a few mass media outlets and hoping for the best. Marketers will need to segment their audiences and their media selections much more carefully in the future. That’s the bad news. The good news is that they also have the means to influence media more directly and even to become the media, if they so choose.

Segments

Let’s look at segmentation first. It’s no secret that the newspaper industry is in a terrible state. Circulation is declining between 6% and 10% annually and their audience is aging. A 2005 Carnegie Corp. survey estimated that the average age of a regular newspaper reader is now 55 and climbing. That figure is 61 for regular viewers of the TV evening news.

The trend is quite different in other media, however. Some print magazines are actually growing circulation. Runners World, for example, has added 200,000 subscribers in the last three years. In some emerging overseas markets, even newspapers are quite healthy. Also, while network television viewership is declining, some cable outlets are growing nicely.

This means you need to consider the audience you’re trying to reach and match it to the media you choose. Older customers can still be served effectively through mainstream media, while the under-30 age group requires a very different approach.

Segmentation also applies to interests. Technology enthusiasts have moved swiftly to the Web, a trend that has been dramatized by the collapse of many consumer electronics and corporate IT publications. However, traditional lifestyle media such as cooking, travel and fashion are holding up quite well. A big reason is that people interact differently with these products. Topics that are news- or transaction-driven migrate more quickly online than those that emphasize aesthetic appeal. The last time I checked, Brides magazine was still thick with ads.

You Are the Media

The more intriguing opportunity for marketers is to become the media. As I noted last week, search engines don’t have brand loyalty. The rise of super-bloggers like Michael Arrington and Robert Scoble demonstrate that trusted brands can grow quickly online. Regular readers may be tired of hearing me say this, but if you aren’t optimizing all of your business communications for search, you aren’t doing your job.

Google is now people’s first stop for information and insight on nearly every imaginable product. You can gain an unnatural advantage over even very large media brands by understanding which keywords bring people to your site and then optimizing around those terms. This is what I mean by “you are the media.”

But it isn’t just you. Other trusted brands are emerging online and those people can also be influenced to drive home your message. Using the right keywords in your communications to these new influencers can help drive your brand’s awareness through search. Sometimes you want to drive traffic to your own website, but at other times you may prefer the endorsement of a trusted third party. Again, the key factor is search optimization. Online media rely far more heavily on search visibility and external links than circulation lists. Use the same tools they use and you can piggyback on their success with astonishing speed.

New Marketing Podcast

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With the New Marketing Summit coming up in less than two weeks, David Meerman Scott (center) and I sat down with Michael Lewis (left) of the Business Marketing Association of Boston to talk about the new marketing landscape. You won’t find a lot of disagreement in this podcast. David and I concur that marketers need to make some fundamental changes to the way they approach their work, but the payoffs are huge in terms of lower cost, better leads and improved customer retention. We offer some good examples of what’s working and also how some companies still just don’t get it. We share stories we’ve picked up from our travels and speaking tours over the last year and look ahead to what attendees at the Summit can expect to learn. 

If you haven’t yet signed up for the event, remember that you get a $200 discount by using code PAULVIP. Go to  New Marketing Summit to register.

Download the podcast (25:00).