Archive for the ‘Poutpourri for 200 Alex’ Category

What would YOU do with 9.5 man-years every day?

Thursday, September 3rd, 2009

facebook-logoIn a discussion/promotion for his business at LinkedIn, Mike Nobels writes that Facebook users spend a total of 5 billion minutes there every day.

That’s 9.5 people-years per day spent on Facebook. I don’t know the source of his information and I haven’t bothered to look at how many people use it; I don’t know the average time spent per user. I don’t even know why this is meaningful.

But it amazes me nonetheless.

Will marketers ever learn?

Tuesday, September 1st, 2009

brainsAnother concise and dead-on blog from Seth Godin, marketing guru.

His premise: Marketing used to be easy because all you needed to do was find the money to buy a pile of ads and you could be sure to reach your target audience as well as any of your competitors.

Now, however, the Internet requires marketers to bring skill, nuance, strategy and all sorts of other rarities to the table. Will they? A few already are. As for the rest, you can apply the oldest and worstest cliche in the history of the written word: Only time will tell.

With all our communication channels, face-to-face is still king

Friday, August 28th, 2009

BtoBOnline.com reports on a study from Forbes Insights that executives still strongly prefer in-person meetings over web-meetings or other virtual get-togethers.

duh11I couldn’t find the study myself  and no link was provided, so I’m taking everything that BtoB reports on it as my only source and at face value.

According to the the study out of 760 business executives surveyed in June:

  • 84% prefer in-person contact to virtual;
  • 85% said it helps them build stronger relationships;
  • 77% said it provides a greater opportunity to read another person;
  • Still, 58% said they travel less for business now than in January 2008.

All of which strikes me as obvious.

Face-to-face contact will always be the highest form of human interaction, and nothing replaces it.
The question is NEVER whether it would be better to have a face-to-face meeting. The question is always whether the circumstances justify the cost/inconvenience.

At any given time, a video chat or Webex presentation might accomplish the immediate goal, but don’t ever confuse that with being just as good as a personal meeting.

BPA Worldwide freezes rates, remains arrogant and irrelevant

Wednesday, August 26th, 2009

BPA Worldwide, a leader in providing third-party circulation audits, has announced that it’s freezing membership dues and audit rates at their July 2008 levels — good through June 2010.

If you’re in the business, you know that BPA is especially strong among magazines with controlled circulation. If you’re not in the business, you need to know that third-party circulation audits are how publications validate their readership claims to advertisers.

asteroidBPA is facing obsolescence at an astonishing rate. If BPA is a dinosaur, then the killer meteor has already hit the Earth and the toxic cloud of extinction is on its way. Holding rates will make as much difference to the organization’s future as putting on a sweater.

Am I being a little harsh here? Perhaps. But set aside the fact that for the previous 20 years of my career BPA was one of the most sluggish, obstinate, arrogant and regressive entities I had to deal with. Set aside the fact that — even though it was owned by its customers — it always, without exception, acted as though its role was to prevent me from innovating in my job. Set aside that I don’t know anyone in publishing (though I’m sure there are a few) who doesn’t take some quiet pleasure at seeing BPA suffer.

What BPA faces aside from all that is the fact that its member magazines must find ways to radically reduce distribution costs. That’s required to offset declines in two key performance indicators: advertising pages sold, and cost-per-thousand (CPM) paid for an average page of advertising.scared-dinosaur

In other words, advertisers are reaching readers less often, and every reader they reach is worth less to them today than it used to be. The only thing advertisers care about is how many people take a measurable action as a result of seeing an ad.

And what is BPA’s ultimate value to publishers? Proof of readers reached. There is nothing that it does, or wants to do, to measure the responsiveness of those readers.

In my last year running business-to-business magazines, I withdrew two of them from membership in BPA. Not because I was so frustrated with the deplorable service BPA provided; but because my advertisers no longer cared about BPA audits. They told me they wanted to know how my audience would respond to their advertising; if I could provide better response per thousand readers than my competitors, nobody cared to see the expensive and painstakingly designed BPA audit statement. (To be fair, advertisers had been telling me that with increasing urgency for about eight years; it just reached a watershed last year — probably brought on by the recession.)

Since that time, I’ve heard of about two-dozen magazines that have terminated their BPA membership — something that used to be as acceptable in media circles as, say, passing gas in an elevator. Entire divisions of media companies have simply walked away from BPA because the organization’s work has ceased to be of value.

I suppose that freezing rates is a reasonable first response. But I don’t give BPA enough credit to understand how inadequate that step will prove to be as its irrelevance grows like a toxic cloud.

Happy anniversary Hawaii

Friday, August 21st, 2009

hawaii-flag50 years ago today — Aug. 21, 1959 — Hawaii became the 50th state. My personal thanks to Hawaii for providing us with surfing, luaus, the IronMan Triathlon, Israel Kamakawiwo’ole (Iz: Somewhere Over the Rainbow), Barack Obama and, of course, the state fish: humuhumunukunuku’apua’a, which looks like this: humuhumunuku


The new phone books have arrived and been duly discarded

Monday, August 3rd, 2009

phonebooksTwo large, orange bags just appeared on my front porch the other day. Each contained several pounds of phone books. There was the Yellow Pages, the White Pages, the Business-to-Business Yellow Pages and the Yellow Pages Supplement. Two complete sets of them.

Without taking them out of the bag, I put them on the curb for recycling.

“Hello, AT&T? It’s Alexander Graham Bell calling and he wants his business model back.”

Seriously, this is just one of at least three sets of phone directories I’ll receive this year. Two other companies produce similar volumes of phone books and surreptitiously drop them at my front door at various times during the year.

It’s been about five years since I’ve even opened a phone book.

In every industry I know, printed directories are disappearing faster than money from the cash-for-clunkers program. For the companies that produce them, printed phone books are like crack; they’re addicted to the revenue, but it’s not doing anyone any good. The effort to keep phone books alive is distracting their publishers from the need to find a more useful business. And you don’t have to be a tree-hugger to cringe at the tremendous waste in resources these unwanted products represent.

oldphoneOK, I confess that having a residential phone book is a small comfort (though I still don’t remember the last time I used one). But if you’re running a business I wouldn’t spend much on Yellow Pages advertising. No matter how small or local the business might be, your resources would be better spent building an affordable little website and making sure it’s listed on every free online directory you can find.

The latest ain’t the greatest in new publishing models

Tuesday, July 21st, 2009

Printcasting.com has launched the latest in an all-out salvo to find a business model that works for media in the digital age.

It’s community-based publishing. Here’s how Printcasting describes it:

If, like us, you’ve always wanted your own publications but you didn’t have the time, technical expertise or talent — no problem! We’ve made it as easy and fast to start a magazine as it is to start a blog…  We do this by separating apart the three primary roles  that exist in any magazine or newspaper: the publisher, the content and the advertising. Instead of one person or organization needing to be responsible for all of that, anyone can participate in any one role.

More specifically, if you’re a writer, you can have your blog’s RSS feed picked up by Printcasting as available content. If you’re a publisher, you can choose any subject  you like, pull content from people who have written about it, punch it into a template and you’re done.

You don’t have to sell any ads, according to Printcasting, because, “We’ve built an extremely simple self-serve advertising tool that makes it as easy for a small business to advertise its wares as it is to write an e-mail. Because Printcasts are niche, the ads are extremely affordable, starting at only $10 per ad.”

Printcasting is supported by a grant of more than $800,000 from The Knight Foundation, which puts a lot of money into media projects of all kinds, and which is especially interested in development of new media models. But that doesn’t mean it’s an idea that’s going to fly.

I’ve said to a lot of people, since the day I first tried to sell content online (1996), that if the Internet is going to prove one thing over time, it’s that people need editors. At the most basic level, that’s what Printcasting is all about. It’s about giving would-be editors the opportunity to practice their craft: identifying content around a theme, pick the best of it and packaging it for like-minded souls.

Here’s what’s wrong with it:

  1. The content is just repackaged from stuff that’s already available if anyone is actually looking for it.
  2. Being able to amass enough credible content to empower the would-be publisher of super-niche topics will be an obstacle.
  3. Printcasting’s view of what publishing is all about is simply wrong. Stating that there are 3 roles to a magazine — content, publisher and advertising — is like saying the principal components of water are ice and a heat source. In Printcasting’s world, audience doesn’t matter; publishing becomes a vanity that is all about picking up someone else’s words, plunking it into someone else’s template, running a few ads (maybe) that someone else sold, and getting to put your name on top of the masthead. The website says it benefits publisher, writer and advertiser alike. But that’s only if a large number of players in all three groups play their roles exceptionally well.
  4. And speaking of advertising, the message I’m getting here is that the problem with advertising is that it’s been too expensive and too hard to buy. So if you can knock down the price to almost nothing and make it self-service, businesses that have never advertised before will suddenly start. Nobody who has actually inhabited the world of advertisers — large or small — could actually believe this.
    Especially if the products they have to choose from are a bunch of magazines that haven’t been through the painful and fundamental process of creating an audience and demonstrating its desire for a publication.
  5. And finally, the ad rate is fixed, no matter how many or how few copies of a publication get printed. That’s a contradiction that can’t be overcome: Publishers need to develop an audience to prove the publication is wanted and read; but they have every incentive to print as few copies as possible, because they can’t recover printing expenses with an increased  rate base.

There is some nuance here. Printcasting could add value — as The New York Times describes it — at the hyperlocal level where a more traditional publication could never offset its costs. The local softball league, for instance, could have its own publication.

But is this new? Or is this just a slicker package around the same  newsletter that the softball league already publishes — with sponsor ads from local bars and the guy who won the trophy concession.

Maybe Printcasting.com will prove viable over time. But if it does, it won’t be as a serious media model or as a meangingful marketing outlet for advertisers. At best, it will be a success in the spirit of those websites that let you design your own greeting cards. It may serve a certain purpose for a certain number of people, and it is one more interesting idea of the Internet Bubble 2.0.

United breaks guitars and, unfortunately, YouTube records

Friday, July 17th, 2009

United Airlines allegedly broke a passenger’s guitar and refused to pay for the damage. Unfortunately, he was a professional musician who knows how to gain a following. Join the millions who have heard his song and seen his video on YouTube:

A green GM logo won’t bring in the green

Monday, July 13th, 2009

gm-green-logoIt’s been reported in several media over the past week or two that GM is considering changing its logo to green to reflect a leaner, more environmentally conscious identity.

I can’t think of anything less meaningful to the company or its customers.

GM’s future has nothing to do with telling the world that it’s lean and green — which is what the new logo color is supposed to represent. The only thing that matters is whether the  public comes to perceive that GM and its products reflect the right values.

Honda and Toyota do well in the U.S. (and most places) because, to a vast number of people, their brands have come to represent cars that are among the easiest and most enjoyable to own: affordable, reliable, durable and neither too ugly nor too fancy. People didn’t come to feel that way because Toyota and Honda continually told us that their cars were just right (even though they DO continuously tell us). People came to feel that way because their experience was consistent with all the wonderful things Toyota and Honda always say about themselves.

GM would argue that it’s making cars with these same wonderful attributes. Whether that’s true is irrelevant. What matters is whether people perceive that it’s true.

Further, it’s not enough for people to agree when GM says it. People have to assign these attributes to GM products without any prompting before GM can regain its role as a leader in the global auto industry. That’s what branding is all about. And it takes years — not just years of marketing, but years of consistency in what you promise and what you deliver. Today, GM is still too close to the Hummer for anyone to really believe that it cares a lick about lean and about that kind of green.

GM may engineer a financial recovery over the next couple years, and that will be a great thing. But it’s going to take far longer than that for people to  know, in their bones, that GM stands for lean and green — if, in fact, that’s really what GM wants for the long haul.

And I don’t even think that’s the right message. Because in 15 years, green is going to be the price of entry in the car business; if your products aren’t environmentally responsible, then you won’t thrive. So is GM going to rebuild its very identity around meeting the next generation’s minimum standards?

Do Honda and Toyota really get respect for the energy efficiency of their fleets? Or do they get respect for pursuing a mission — building cars that people want to own — with so much focus that energy efficiency naturally became a part of it at the right time? Their fleets were energy efficient before the 2008 run-up in gas prices. The only thing that changed was the advertising.

If the new GM is smarter than the old GM, it will focus on the reasons people really buy cars — the perfect combination of price, style, durability, maintainability and lifetime affordability. Green fits in there for sure. But it won’t always be the headline. And even today, I doubt it’s the reason most people choose which car to buy.

A thought on leadership

Thursday, July 2nd, 2009
Team Blue Thunder, but are they well-lead?

Team Blue Thunder, rally in progress

I’m coaching my son’s youth baseball team. I’ve found that leading a group of 11-year-old boys is pretty much the same as leading a group of adult professionals.

In both cases, the job involves:

  • keeping them focused
  • keeping them motivated
  • removing roadblocks to allow them to remain productive
  • assigning each individual a role that benefits the entire team while complementing that person’s skills, interests and style.

Finally, here’s a quote on leadership, with which I wholeheartedly agree, that’s attributed to the book, The Four Agreements: A practical guide to personal freedom:

“The primal responsibility of leadership is to prime good feeling in the people we lead.”pretzel

How does one do that other than by helping them fill a role they enjoy, and then helping them to stay motivated, focused and productive?

OK, there may be one difference between adults and kids: Adults aren’t as motivated by the promise of pretzels and a juice pouch.