News
Competition and Other Annoying Business Realities
We can be our own competitive edge!!
The Dow fell more than 500 points today. Bad news was exuding from every media outlet. I had an opportunity to get some perspective on it in my weekly networking group meeting from members who are highly sophisticated financial experts.
Then I came home, shared some conversation with my neighbor on her garden swing, pulled a bunch of weeds that have been bothering me while thinkingabout what my blog topic would be for today. Relaxing and getting still allowed me to realize what was concerning me – and probably you, too.
When markets go crazy and economies are shaky and there’s less business to go around, we can’t help but think about how we’ll compete for what business there is. This has been on my mind for some time and brought to the forefront by today’s events.
Bottom line, I’ve decided not to worry about who else is competing for a piece of the online/inbound marketing pie. Instead, I’m working on my own story. Thinking harder about what I bring to the table that will have value for my clients and that I can speak powerfully about to prospects. I’m thinking about my strengths – what I really do better than anyone I’ve encountered.
Then I’m evaluating my lighter abilities — what I fully understand but need partners to execute well.
And I’m working on my messaging so that I can communicate clearly and effectively. That includes listening and testing… talking to as many people as I can find who are willing to offer feedback as I hone my messages.
I’m asking myself:
- Are my offerings aligned with the needs of my client/prospect?
- Is my language completely understandable, or too jargon-y?
- Am I creating enough curiosity that people will be willing to stick around and learn more?
- Am I explaining my services so that the benefits and value come through loud and clear?
- Am I being human enough to connect and credible enough to build trust?
I believe that refocusing my energies on being as meaningful as possible to my market is my competitive edge.
How are you dealing with the competitive and business realities of the current economic environment?
Image from tableatny under Creative Commons license.
Read Full Post | Make a Comment ( 2 so far )College of Online Marketing: A Never-ending Curriculum
No Graduation at College of Online
I just spent 30 minutes getting up to speed on the Google+ Project announced yesterday – Google’s new social media network, currently in a limited field trial. It’s quite interesting and I’ll explore it further with you as it rolls out to everyone.
The point of this post, though, is that when it comes to keeping up with online/inbound marketing, we need to commit to constant and continuous education. Not a day goes by that I don’t learn about a new tool, app, initiative, issue or trend related to marketing and interacting on the Internet.
It’s exhilarating and sometimes exhausting to be part of such a rapidly evolving profession. But the benefits that Web-based technology can bring my clients – especially small businesses – make it worth burning the midnight oil or rising at summer dawn to read the latest information.
If you’re a business trying to figure out how to market your company online, it’s a good idea to get some background information – even if you are or will be working with an agency or consultant. Here’s a 101 class, a few best-selling books to read and blogs to follow – in addition to this one — that will help you understand how to best use the Web for your marketing.
- “The New Rules of Marketing & PR,” by David Meerman Scott. Clients of mine are currently reading this and it’s fun to see the lights going on for them as they learn why we’re better off putting resources into blogging than newspaper advertising.
- “Real-Time Marketing & PR,” the latest from David Meerman Scott.
- “Inbound Marketing,” by HubSpot founders Brian Halligan and Dharmesh Shah, the guys who defined and automated the inbound marketing process.
- “Trust Agents,” by Chris Brogan and Julien Smith, the bible for understanding how and why the Web can help you build influence, improve your reputation and earn trust.
All of the above are published by John Wiley and Sons. Even if you’ve read them before, they bear perusing again from time to time.
In the blog/online media department, I regularly read:
- Mashable (General Tech/Web News and Trends)
- Huffington Post Tech (General Tech/Web News and Trends)
- TechCrunch (General Tech/Web News and Trends)
- SEOmoz (Latest in SEO)
- Chris Brogan (‘Human Business’)
- Technorati (Blogs and Blogging)
- HubSpot (Inbound Marketing)
Another important source of information for me is my online marketing community on Twitter. Follow me, see some of the people I follow, and check out my lists. You can take advantage of the news links they tweet every day.
So welcome to the College of Online Marketing, Class of Forever. Graduation day is not in the picture – unless the Big Power Outage comes. As long as it doesn’t, let’s consider ourselves online marketing lifelong learners.
What are your favorite sources for keeping up with the evolution of the Internet? Thanks for sharing!
Photo by J.o.h.n.Walker under Creative Commons License
Read Full Post | Make a Comment ( None so far )How to Succeed in Magazine Publishing: A Winning Formula
In honor of Moffly Media’s inaugural A-List Awards (read on) today’s musical post is “Shaking the Blues Away” sung by Doris Day. eMail readers need to log-on to listen.
The other evening I had the pleasure of attending an inaugural awards event created by Moffly Media, a local magazine publishing company here in Fairfield County, Connecticut. It turned out to be one more step on a successful path that is keeping the company growing as other publishers are shedding titles and even closing their doors.
The A-List Awards brought back a touch of glamour that hasn’t been seen or felt around here since the onset of the Great Recession. It was done just right; not over the top. And, the awards were perfectly targeted to the advertiser and subscriber base of Moffly’s décor title, atHome Magazine. The well-produced program recognized the top area talent in interior and landscape design and architecture.
It was a great strategic move. And it was handled with sensitivity given the fact that we’re not quite sure we should be celebrating yet. But it sure felt wonderful to all who packed the landmark Westport Country Playhouse. The event benefited a fitting organization – Habit for Humanity of Fairfield County – which made us all feel better about feeling good!
The evening aptly demonstrated the concept at the core of Moffly Media’s success – local community. The family-owned operation began in 1987 when Jack Moffly retired from a 33-year career with Time, Inc. He and his wife, Donna bought the 40-year-old Greenwich Review and ran it as publisher and editor respectively.
They changed the name to Greenwich Magazine. They made it a beautiful glossy dedicated to the upscale Greenwich lifestyle and the singular people who populate the town. Most of all they contributed to the fabric of the community through their personal involvement in its life.
Using the same uber-local approach, Jack expanded into other towns with Westport Magazine, New Canaan-Darien Magazine, Stamford Magazine, as well as atHome. In 2007 he stepped down as publisher and turned over the reins to son Jonathan Moffly, who had joined the family business in 1998. Jonathan was involved in the expansion of titles over the years and since becoming publisher has added online, events and custom media divisions.
Moffly Media has been bold in trying new things, yet it’s grown in measured steps that maintain its basic values and leverage its capabilities. If something works, they apply it elsewhere. For instance, a larger-format private label magazine it developed for a client was so stunning that it led to a re-design of atHome in the same mold.
The company hires top people who are knowledgeable about the towns in which they work and/or their areas of specialization. For example, it tapped Camilla Herrera, longtime features writer for the Stamford Advocate, as editor of the new Stamford Magazine when she became available after newsroom cutbacks at the daily. And James M. Gabal, another Time, Inc. vet recently joined to head Custom Media.
The Moffly’s are terrific business people. They know how to add value for advertisers. The A-List Awards are a perfect example, as are the quarterly DesignDistrict evenings they run to showcase advertisers in the towns they serve. Print and online advertising and sponsorships are another way. They understand PR, too, and the behavior required to maintain a stellar reputation.
The Moffly team seems to share a sense of humanity and respect for all its constituents – readers, advertisers and the advertising/PR/marketing agencies who interact with them. They’re good folks. And it’s nice to see good people succeed!
Other publishers – even those who put out national titles – can learn from Moffly Media’s model. Each audience is, in essence, a ‘local community’. Treating them as such works in print, online and in person everywhere.
Read Full Post | Make a Comment ( None so far )Can Good News Sell?
You’ll soon learn why the musical post today is the most classic jazz performance of Route 66 by the Nat “King” Cole Trio with the trumpet of Harry “Sweets” Edison — my favorite version of my favorite “road” song.
I hate to think how many years ago I pitched our local daily paper with an idea for a “Good News” section – an antidote to the remaining 95 percent of its content. It was during the former recession of the late 1980’s, early 1990’s. Given my own bad-news weariness and that of many of my friends and colleagues, it seemed to me that people were hungry for reminders that all was not wrong with the world. My idea was turned down flat by the then-publisher. “Good news doesn’t sell,” he said.
As we inch our way out of this latest – and deeper – recession, I’m once again craving some good news, especially after seeing this morning’s news including the inadequate ‘fix’ for the oil spill in the Gulf. But it seems that not much has changed in the commercial media and entertainment world when it comes to the projects they’re willing to get behind; the Susan Boyle story notwithstanding.
I just watched the pilot for a reality/documentary TV show that, unfortunately, you all may not get to see. There are details I won’t get into, but the main reason is that the subject matter is too positive for the subject matter. I’ll explain.
Last week I received an email from an Oklahoma man named Edward Winterhalder, a foremost authority on the Harley Davidson motorcycle lifestyle. Ed found me through my Twitter profile (listen up you skeptics on the value of Social Media for business). My profile states: PR Professional, Inbound Marketing Consultant – and two-up on a Harley Road Glide. The latter qualification refers to my weekend passion – riding behind the love of my life, Jeff Levine, a Viet Nam vet and talented psychotherapist/relationship counselor, on his Harley Davidson.
Ed was looking for communications representation for his six books (fiction & nonfiction) and TV concept Biker Chicz. He thought that because I ride, and live in his native Connecticut to boot, that I’d be a good fit. He was right in more ways than one. I’m also a fan of good news.
He’s already produced an earlier pilot, “Living on the Edge,” which he sent along with copies of the books to familiarize me with his work. Except for maybe his first book, everything else he’s created addresses the positive side of motorcycle clubs, something I understand well.
Google Ed and you’ll find about 142,000 references. Unfortunately, most of these focus more on his early motorcycle experience as a leader of the Bandidos outlaw motorcycle club (even though only a small percentage of the group qualify for ‘outlaw’ status.)
Today, Ed is a successful real estate developer, as well as author and TV producer. His books are sold around the world, translated into a number of languages by his publishers abroad. The guy is a talented voice for the millions of solid citizens around the world – including my love and me – who come alive on a bike.
Not only do they love the ride, but they’re a generous group, raising millions of dollars annually for good causes too numerous to mention and just doing meaningful deeds. For example, Jeff rode with the Nam Knights motorcycle club here in the New York area to escort a badly-injured Iraq war veteran from a local re-hab hospital to his home way in upstate New York – a tangible tribute to honor his service and sacrifice.
Yesterday morning, we watched the DVD of Ed’s first TV pilot, “Living on the Edge.” The concept: Each episode follows the members of a motorcycle club somewhere in America, examining the causes they embrace and the good they accomplish. It delves into the lives of members and introduces us to their families and friends.
If you went by looks alone, you’d never guess that cast members in the pilot range from a UPS driver, to a project manager for a high-end residential developer, to a man who repairs communications antennae on towers, including atop the Empire State Building after 9-11 — 1000 feet off the ground. Included in each episode’s cast is a bike-riding corporate exec who gets the opportunity to immerse in the lifestyle of the group.
It was an engaging viewing experience, for sure. Yet the pilot is languishing in Hollywood, despite the fact that Winterhalder is well regarded there. Why? Entertainment executives are convinced that the viewing public would much rather watch motorcycle gang violence than the positive side of the Harley Davidson lifestyle.
That’s one more item to chalk up in the bad news category, but personally, I’d rather buy the good news. Anyone with me on this?
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New PR Words - and Music! 