Friday, July 10, 2009

The Biz Value of PR 2.0



“I got to have (just a little bit)
A little respect (just a little bit)”
Aretha Franklin (Summer of 1967)


TPFKAPRP ("The People Formerly Known As PR People") need to learn (or be reminded) of the true business value of PR 2.0.

Atlanta-based Jeremy Porter has written an interesting article on his Journalistics blog entitled “How Do You Measure PR” that is well worth reading.

His article cites results from a recent AMEC and IPR survey of 525 PR practitioners on whether and how they measure PR success and ROI.

Jeremy’s post asks his audience how organizations can more easily and accurately measure PR results and “What are your clients or management teams asking for most in terms of measurement?”

His article (and comments made by its readers) suggest that in the PR 2.0 world conventional approaches like counting press clippings and measuring AVEs (Advertising value equivalent) is insufficient to truly measure the value of PR.

This comment to the article from the pre-eminent expert on PR measurement Katie Paine is as interesting as Jeremy’s post itself:

"The real problem is that PR people seem to be ignorant of or allergic to the language of business. They are incapable of understanding that just reaching a set of eyeballs or achieving a “hit” does nothing for the bottom line. Either PR saves the company money by lowering legal costs, or turnover, or recruitment costs or whatever the stated goal of the program is, or it makes the company money, by generating awareness, consideration, preference or leads. That’s how business people think. And if PR people can’t explain their benefit to the company in those terms, they deserve to be fired."

My thoughts:

As the definition of “PR” is changing, we need to find ways to articulate and substantiate its evolving business value.

I’ve long held the belief shared by Brian Solis, David Meerman Scott and others that PR needs to put the “public” back in public relations. In our Web world, PR 2.0 is increasingly about relating to all relevant publics (not just media and analysts). With citizen journalism and free blogs everyone is a columnist, a pundit, an influencer. Thus PR people need to approach and interact with each individual public in ways that effectively establish value in the eyes of those publics.

TPFKAPRP ("The People Formerly Known As PR People") will only continue to add value if they can help share the value that companies have with people who will be interested in those companies' offerings-- products, services, thought leadership, innovations.

While I don't yet know how to measure it (because site traffic and Re-Tweets are an imperfect measurement of impact)-- PR 2.o is more about "Return on Interaction" than "Return on Investment."

I first wrote on redefining PR ROI as "Return on Interaction" back in January 2009 .

Marketing Return on Investment can be more easily measured than PR because marketing is often conducted in campaigns (an e-mail blast, an SEO change, a banner replacement). These campaigns have associated start and end dates, measurable costs, and often a direct tie to lead generation/integration into a sales cycle (queries, leads, hot prospects, closed sales, revenue).

In contrast to marketing, PR 2.0 activity (in the form of interaction with the media, industry analysts, influential bloggers, LinkedIn groups, Twitter followers) is more of an ongoing drumbeat than a campaign.

How to Deliver the True Business Value of PR 2.o:

Grabbing and holding peoples’ attention and giving those people sufficient reason to engage with you requires the continual and effective combination of essential communications skills, tactics, modalities, qualities and commonalities:

Skills:
Storytelling, Writing & Content Creation, Responding, Diplomacy, Emoting, Facilitation

Tactics:
Outreach, Engagement, Dialog, Follow-up

Modalities and Qualities:
Honesty, Respect, Creativity, Transparency

Commonalities:
Put the “ME” in Media by making sure communications are personally relevant. Verify joint interest in a subject. Treat your “audience” as you would treat yourself-- with respect. R-E-S-P-E-C-T. Web interaction has made the concept of “Audiences” into an artifact of the mass media/pre-internet age.

If TPFKAPRP PR 2.0 pros continually practice the essence of quality communications they will continue to deliver real business value for the clients and companies they represent.

Enlightened thinking about permission-based marketing and inbound marketing has (from internet marketing innovators like HubSpot and others) has revealed that consumers and businesses don’t want to be marketed to (through unsolicited e-mails, cold calls, and mass media advertising). Similarly, conventional PR tactics like press release blasts and shoving “non-news” pitches down a reporter’s throat are and have always been a waste of everyone’s time and money. Today, ensuring that “finding commonality” and “proactively seeking dialogue” are the quintessential precepts of communications in the PR 2.0 age.

If communicators adopt these as new standard business practices, PR will continue to add business value. Commonality, relevance, honest dialogue and respect (above all else) are imperatives, not options for the PR 2.0 practitioner.
Just ask Aretha!
Aretha helped me to realise who I am, what I do well for my clients, and what I want to continue to be: I'm a "ValueCaster."

“It matters not what you are thought to be, but what you are.”
Publius Syrus (42 B.C.)

Leaving Tech Behind -- A Day on Baker's Island



While my work as a PR 2.0 communications consultant requires me to be switched on, hooked up, LinkedIN, Twitter talkin' and e-mail engaged night and day...

Tomorrow, I get to leave technology behind for a single day.

On Sat, July 11--- I'll be somewhere without electricity:
Baker's Island-- a tiny 55 acre island off of the coast of Massachusetts' North Shore.
Baker's is a 55 acre heaven run by a private association of its members (public not allowed).

I first visited Baker's Island in the summer of 1984 (courtesy of the family of my long-time friend Bart Littlefield)-- who own a house on the island. Bart and I were members of a 10 man a cappella singing group called The Bosstones (not to be confused with the later pretenders to the name "The Mighty Mighty Bosstones").


That group was my principal extracurricular activity during the 1980s. The 10 to 12 of us ('Sstones) had much fun -- serenading at Quincy Market, Edgartown's Whaling Church and for
at least 4 summers that I can recall on Baker's Island.

A trip to Baker's takes one back in time. There are no cars, no roads, no telephone wires, no electricity. Lighting and refrigeration is gas-powered. The only way to get around the island is to walk down idyllic grassy pathways bounded by hedgerows that remind me of Normandy and Sussex.

There's not much to do on Baker's. That's the point. Recline, Stroll, Laugh with friends, Drink, Swim, Sail, Windsurf, Sing Repeat.

On July 11 -- the Bosstones will reunite for another on-island singfest accompanied by members of the loyal Bosstones Auxilliary (suffering spouses) as well as a number of brave children (who weren't embarrased to see their Dads attempt to recreate the sounds they first made 25 yrs before).
Forget FACEBOOK, this is how friends should connect.

I can't wait!

Thursday, June 25, 2009

Challenges of "Marketing" Enterprise 2.0 Social Media


Attending this week’s Enterprise 2.0 Conference, revealed several things to me:
1) Social Media is real
2) Like any new space --- the pond is crowded
3) Listening, relevant engagement and communication are essential to introduce
and ensure the success of social media in the enterprise.

To put things in context. Let’s answer the question: “What is Enterprise 2.0?”
Here’s the conference’s own answer:
“new tools that enable contextual, agile and simplified information exchange and collaboration to distributed workforces and networks of partners and customers.”

Visiting the event’s Expo Pavillion I checked out the exhibits of circa 45 participating sponsors and exhibitors ranging from major players like Microsoft and IBM to companies I’d never heard about before: BlueKiwi and Yakabod.

My takeaways:

Reading over the signage and collateral literature of the exhibitors-- marketers in enterprise social media are big on words that start with “C”:
Connect, Collaborate, Content, Community.

Given the collision of like-sounding messages I heard and saw in the exhibitors’ booths— some other words that start with “C” sum up the state of social computing:
Change, Confusion, Competition, Choice, Chaos.

While I’m a huge proponent of social media and know that it can bring tangible and intangible benefits to any organization—what I saw was almost 50 vendors building and marketing mousetraps---before their prospects really know or care if they need one.

The extent of the crowded pond was dramatically shown by the London Underground-like graphic above from CMS Watch (an analyst firm that offers head-to-head comparisons of content oriented solutions)

Given that content is just one piece of the overall Enterprise 2.0 ecosphere, the business, IT and marketing C-level and VPs execs attending the show (in hopes of charting their company’s direction) must feel like Charlie on the MTA-- the man “who never returned…whose fate is still unlearned”

Four More C-Words: Challenge, Convince, Communicate, Continue

Beyond the cool factor of social media, and simplistic three.word.taglines (like Teligent’s “Listen. Engage. Measure”—vendors’ product managers and marketers in this massive space have a Herculean communications challenge before them in order to win over and get the initial and repeat business of Fortune 2000 companies.

What “marketers” of social media need to practice in order to engage their prospects:

Differentiation: What makes your company/product/service uniquely
and sustainably different and truly valuable?

Relevance:
What can you do for my unique organization?

Worthiness:
Show me how social media will deliver bottom-line results.

Communicate:
Effective Communications—that let participants connect, interact, share, listen, learn, adapt (rinse and repeat) is more important than ever—to cut through the noise and FUD.

Enlightened PR, Marketing and Communications 2.0 along the lines of that advocated by Brian Solis is the new imperative.

Continue:
Innovation and stability are often at odds. Great new ideas can turn into solid SaaS offerings… but will they scale and will the company still be in business?

Bottom Line:
Communications pros must evolve and themselves practice the inherent elements of Enterprise 2.0 if these potentially transformative technologies for information exchange and collaboration are to succeed. Let's work together to make that happen.

Wednesday, June 10, 2009

June 2009 is New England Innovation Month


There are so many reasons to live and work in New England. One thing that’s kept me here is our region’s commitment to innovation and entrepreneurship.

Where else in the world combines New England’s ecosphere of startups, capital, resources and talent, plus our unique quality of life: 4 seasons, lobsters, colleges, culcha and the Red Sox!


I had a chance to live in an Eichler in Silly Valley—no thanks!

A reminder to all that June 2009 is New England Innovation Month in which a slew ofawesome events are taking place. Check out what’s upcoming and what’s happened already at http://neinnovation.com/

While Innovation Month is a collaborative mashup--- the lion’s share of the idea and the hard work goes to “Mr. Innovation” himself Scott Kirsner as well as New England’s Future-Forward looking leading ladies in entrepreneurial events: Shayne Gilbert and Alyssa Stern--- producers of the spectacular Nantucket Conference and Convergence gatherings.

Spread the word about Innovation Month in New England using your networks:
Facebook, blogs, Twitter, e-mail – whatever it takes. (Use the hashtag #NEinno.)

To read more about Innovation Month, check out these recent stories in the Boston Globe, Xconomy, and Mass High Tech.

In addition to Xconomy, MITX, and MassNetComms, here are some other champions of supporters of Innovation Month who are running events:

Mass Technology Leadership Council (Tom Hopcroft, Heather Johnson, Ian McGuiness, et al) http://www.masstlc.org/eve/

The Mass Technology Collaborative’s John Adams Innovation Institute hosts http://innovate.masstech.org/. Follow their the buzz on Twitter by searching the hashtag #innovateMAtech

Mass Innovation Nights (Bobbie Carlton & Dan Englander)
http://massinnovationnights.com/

Pay it forward!

Tuesday, April 28, 2009

10 Yrs After Cluetrain: “Markets are Conversations” More than Ever




Tim Walsh (@TWalk) of Hoover’s had a great post today entitled “The community of discourse is the market” in which he excerpted these 5 maxims from the collection of 95 theses contained within The Cluetrain Manifesto—the now-considered classic doctrine of “New Marketing”:

36. Companies must ask themselves where their corporate cultures end.
37. If their cultures end before the community begins, they will have no market.
38. Human communities are based on discourse—on human speech about human concerns.
39. The community of discourse is the market.
40. Companies that do not belong to a community of discourse will die.

It’s hard to believe that it is TEN YEARS AGO (to the month) since the original publication of The Cluetrain Manifesto. Revisiting it in April 2009—it has lived up to its revolutionary initial hype. In fact its prophetic conclusions still true (if not more so) today.

This excerpt could easily have been written in 2009 (vs. 2008):

“A powerful global conversation has begun. Through the Internet, people are discovering and inventing new ways to share relevant knowledge with blinding speed. As a direct result, markets are getting smarter—and getting smarter faster than most companies.
These markets are conversations. Their members communicate in language that is natural, open, honest, direct, funny and often shocking. Whether explaining or complaining, joking or serious, the human voice is unmistakably genuine. It can't be faked.”

You can now read the entire text of the Manifesto online.
See it at http://www.cluetrain.com/book/index.html

As The Cluetrain suggested: enabling a transparent exchange of information, opinion, fact (and fiction when appropriate) between companies and those who may be interested in their products and services is essential for better business and society.


Ten Years After Cluetrain: We now see initiatives and companies who’ve turned the maxims of the Manifesto into viable businesses.

Consider the example of these four innovators from the Boston-area:

1) HubSpot (http://www.hubspot.com/ ) whose "Inbound Marketing" software helps small businesses engage prospects and customers in mutually beneficial dialogue through blogs/social media.

2) Communispace (http://www.communispace.com/) -- pioneer of private online communities.

3) SocialPharmerBoston (http://barcamp.org/SocialPharmerBoston)--nascent organic community of interested people who are interested in building meaningful exchange through online social media to connect patients, healthcare pros, pharma companies.

4) MedCommons (http://www.medcommons.net/) In the same general area as SocialPharmerBoston, MedCommons creates ASP software that lets organizations share patient-centered electronic Personal Health Records with others in the healthcare ecosystem as appropriate (e.g. Adult children can be part of a Facebook family care group to be kept up to date on the condition/care of an aged parent).


These and other enlightened practitioners of our “age of engagement” are part of the current crop of enlightened voices participating in today’s online conversations. Ten years ago a long list of supporters signed their names to the original Manifesto.

Is it time to issue a reaffirmation of this “Declaration of Interdependence” to declare our ongoing commitment to the value of the original authors? Is it time for us to issue amendments to the Manifesto—taking into consideration the developments of the past decade and contemplate the challenges and possibilities to come?

What would we declare? Who will sign? I welcome your thoughts.

________________________________________________

"Let us speak, though we show all our faults and weaknesses —
for it is a sign of strength to be weak, to know it, and out with it..."

Herman Melville
________________________________________________

Wednesday, March 25, 2009

CollegeWeekLive -- World's Largest College Fair: Online or Off



If any of you know anyone who’s in the process of applying to college--- there’s a great free online resource--- that’s a super alternative to the traditional college road trip (driving campus to campus in the family SUV). Parents and college-bound kids and their can check out their and evaluate their future alma mater online.

Taking place today and tomorrow (Wednesday March 25th and Thursday March 26th ). CollegeWeekLive, is the world's LARGEST college fair—an event that doesn’t “take place” because it is a massive online-only event. CollegeWeekLive is a revolutionary concept for college admissions, bringing together students, parents, counselors, and colleges in an online forum that eliminates the barriers of time and distance. The interactive and live component allows attendees to speak with hundreds of college admissions representatives, ask questions, learn about financial aid opportunities, and learn what college life is really like.

CWL features a wide range of live keynotes and panesl in which students and parents can text questions to the expert speakers, a tradeshow floor of virtual booths representing hundreds of colleges and universities (in North America, Europe, Australia).

It’s fun and free…. Go to http://www.collegeweeklive.com/.

Full disclosure--- It’s been my pleasure to promote CollegeWeekLive and its sister event The Virtual Energy Forum. I’ve helped secure a swath of press coverage of these innovative virtual events with stories atfrom leading media including CNN’s Situation Room, Newsweek, The New York Times, International Herald Tribune, BusinessWeek, and Seventeen.

Friday, March 20, 2009

Going Tribal with Seth Godin


I’ve read and appreciated Seth Godin’s marketing blog for a long time.

While I didn’t know Seth when he and I were both undergrads at Tufts, I’ve been following him for awhile. His posts continue to stand out in the crowd as fresh insights that make mesay: “how true.” He’s an original (vs. derivative borrower) blogger.

If you haven’t read it yet---Godin's latest book Tribes is a quick, though-provoking read. Seth defines a tribe as “a group of people connected to one another, connected to a leader, and connected to an idea that inspires their passion.” Thus his book is on how leaders of business, government and non-profit organizations can rally members of the tribe to build shared destiny and a commitment to succeed. In these tough times, it’s nice to read something that shows and encourages unity and common purpose. You may want to download the free audio version.

The book’s companion (The Tribes Case Book) is a free Ebook (comprised of submissions by a group of 3,000 “co-authors” with their perspectives on tribal living and leadership (everything from Star Wars to iPods, from surfers to broomball players, and Online Villages to Mary Kay saleswomen) Check out the E-triiibe’s list of tactics, Seth’s list of 58 books “to check out”, and/or download the Case Book at http://cli.gs/Rr578W