Sunday, 21 February 2010

Vol.22: What Distinguishes Internet/Web From Traditional Media?


In the previous article Vol:21: What To Learn From News Media's Survival In Web 2.0 World? how news media as the organization are changing to survive in web 2.0 online world was discussed, as learning for marketers, PR representatives, communicators and business owners. The topic of this article is to compare characteristics of Internet/web with traditional media and distinguish uniqueness of Internet media, in order to clarify key factors to effectively leveraging each media for online and offline synergy.

1. What are main characteristics of traditional media and the Internet/web (including social media)?

From perspective of new way of content distribution, the author would conclude that it is “pull media” among many characteristics of the Internet/web and traditional media such as interactivity and personalization that is the key. Traditional media are mostly push media, and can reach audience even if they are reactive, especially TV and radio. However, the Internet is a pull medium, (similarly to “spatial” media), which means tactics to drive web users to the website is inevitable, and this often means using and mixing with other media/communication channel.

Other important characteristics that distinguish the Internet/web from traditional media are interactivity, ubiquitous and 365 days/24 hours, and customization. Interactivity is not necessarily zero for traditional media such as by contribution article and survey, but traditional media are basically of one-way communication. Traditional media and “spatial” media have some kind of restriction in terms of accessibility (scope of reach/delivery and time). And traditional media is mostly designed for mass marketing and advertising, little room for customization.

2. What are the characteristics of each media/comunication channel?

Based on the media/communication channel comparison chart, the characteristics of each medium/communication channels can be briefly described as below.

1) TV

TV, symbol of mass media and mass advertising, is still excellent media for visibility and reach, although the cost production and getting on the air) is usually quite high. With creative scenario, visual and audio effect, it can deliver extremely strong message in a short time, although detailed information needs to be delivered in other media. It is excellent for “Attention” of AIDA (Attention, Interest, Desire, Action) model. Statistic data is available with Nielsen research data and analysis.

2) Radio

Radio is good in reach. It is less expensive than TV and more “ubiquitous” with portable and car audio. Only delivering information by audio, it is inferior in terms of visibility but can deliver live news unlike many printed media with detailed information.

3) Magazine

Magazine is also good for visibility and reach. It is better than TV for targeting by customer segment, and although it is static with no audio unlike TV, it is less expensive than TV and more flexible in general can include more detailed information.

4) Newspaper

Newspaper is inferior in terms of visibility but is good in reach. Compared to the other primary printed media of magazine, it is more flexible and much better to deliver recent news and update of information.

5) Brochure

Brochure can be good for visibility, if distributed sufficiently to appropriate target audience, (although may not be as good as newspaper and magazine). It can include detailed information although in static form, and usually less expensive compared with other printed media issued by professional publishers.

6) Flyer (& DM)

Similarly to brochure, flyer can be good for visibility if distributed sufficiently to well-targeted audience, especially when it is distributed with the help of newspaper distribution (at least in Japan) and/or sent by DM (Direct Mail); the issue would be whether the audience opens the DM. Flyer is usually less expensive but can include less information than brochure.

7) Bulletin board and poster

Bulletin board and poster are not ubiquitous and thus inferior in terms of visibility and reach because of physical restraint (physical place it is located) and audience need to be at that particular location to see the message. Posters are usually of reasonable price. Bulletin board can be of reasonable price or rather expensive according to factors such as the material it is made of and cost of acquiring the space of display. Amount of information is usually extremely limited but more flexible (easier to customize etc.) than other printed media.

‘8) Offline face-to-face, one-on-one communication

Offline face-to-face, one-on-one communication is of pull media and with physical restriction (opposite of ubiquitous), it is inferior in terms of visibility and reachness, but is the most flexible; it is interactive, can deliver rich and customized, updated information. Unless it is walk-in sale, this is used with other media/communication channels (for making appointments etc.) such as phone and e-mails (Internet). The cost depends on the traveling.

9) Offline spatial channel (events/forums and stores)

Offline spatial channel of events/forums and stores is pull media similarly to the Internet/web and face-to-face, one-on-one communication. Therefore, tactics to drive audience/customers to the spatial channel using other media and communication channel but can deliver the highest realistic sensation with all 5 senses, and is ideal for Interest, Desire and Action of AIDA model. This can be of reasonable cost or expensive on the size, location etc. and customization and interactivity varies according to factors such as number of audience/participants and programme of the event. Smaller the size, more it is similar to face-to-face, one-on-one communication.

10) Internet/web

Characteristics of the Internet/web have been introduced in the previous article Vol.8: How to Start Web 2.0 / Internet Marketing. It is, in theory, ubiquitous and can reach many web audiences. Therefore, it can be good in visibility, operating 365 days/24 hours, interactive, can be customized/personalized, and easy to update. With web 2.0 technologies, it can be rich with audio, video, photo, virtual world as well as text. It can deliver detailed information because it has no space limitation like printed media (the issue would be acquiring optimum space for advertising etc.) Cost can be high or low, according to factors such as how the visual and web page is developed.

With such characteristics, the Internet might seem ideal, but only if its characteristics/uniqueness truly understood and not over-estimated, and leveraged based on essence of strategy planning/implementation and marketing, otherwise, the result would be failure like many dot.com companies and IT bubble. Some of the things to take into account are the fact that the Internet/web is pull media and therefore driving web users to the website/page is inevitable; and being flexible and the Internet is often said as “living”, continuous maintenance is vital and need to be planned and operated from mid/long term viewpoint.

In the next article, the author would like to discuss how offline and online (Internet/web) are converging, leading to paradigm shift in the relationship of traditional media and the Internet/web (including social media), from viewpoint of marketer, business owner, PR professional and communicators.


References:-

Mitachi, Takashi (1998), Deconstruction: Disintegration and Reintegration of Value Chain. Diamond Harvard Business Review, October-November, in Japanese, pp110-123.

Saturday, 13 February 2010

Vol.21: What To Learn From News Media’s Survival In Web 2.0 World?

In the previous article Vol.20: How Are News Media to Survive In Web 2.0 World? how news media as the organization need to change to survive in web 2.0 online world was discussed. The topic of this article is further discussing how they survive, clarifying methodologies, from which marketers, PR representatives and communicators in general can learn to become successfully social in web 2.0 online world.

Following how news media becoming collaborative mentioned in the previous article, the author would like to briefly explain the two primary KFS mentioned; controlling distribution channel and improving content quality, then conclude by how new media are to create establish infrastructure and create optimum environment for the KFS.

1. How are news media to control of distribution channel and/or improve way of delivery?

As in the previous article, control of content distribution channel is vital, which often is about new platform or way of delivery of content. According to Jaffe in his article The Changing Paradigm for Entertainment (2010) 65% of executives believe that main source of future revenue for entertainment industry will be from new platform/way of delivery, and as a same content industry, this is a learning that news media need to leverage. However, unlike entertainment industry, it is not easy and/or realistic for news media to close print media business, even though as Steiger (2009) says in his article Investigative reporting in the Web era, there are some news media that has gone web (online)-only such as the Seattle Post-Intelligencer. Realistic measures for survival are as below.

1) Develop a new strategy that emphasizes leveraging multi-platform and multi-media.

Multi-platform and multi-media could include traditional media of print (newspapers, magazines, flyers etc.), TV and radio, and web. Differentiation among traditional media have been the issue before the Internet era, and now the issue is differentiation between traditional media (especially print) and web/online. This needs to be done based on the characteristics of each media and platform, and effectively mix them to generate synergy.

2) Develop multi-platform online strategy.

Online strategy no longer is exclusively of PC platform; it is of multi-platform including mobile and TV, with proliferation of mobile and advent of interactive TV. In addition, with video and audio podcast on the web, streaming content (of YouTube) is now quite popular. Also, with virtual world and gaming, social gaming and virtual content is becoming popular. Thus it is often said that (PC or mobile) web, TV and radio are converging. Integrated multi-platform web strategy leveraging such paradigm shift is critical for effectively developing and delivering content that maximizes revenue.

Use of online video is a new model of distribution and an opportunity to partner web with video. This is explained by Lewis (2009) in his article 5 Ways Traditional Media Companies are Using Online Video. The five ways mentioned by Lewis are as below.

(1) Adapting to new customers: e.g. Customer Report. Printed report is for depth of information and online video is for quick reference for customers deciding between different brands.

(2) Private-label news networks: e.g. Forbes started Forbes Video Network.

(3) A literacy video channel: e.g. Harpercollins.

(4) The video wire service: e.g. AP (Associated Press).

(5) Standardizing ad formats: e.g. French ad giant, Publicis Group.

3) Customized delivery is also a key for online strategy.

Customized delivery is also a key for online strategy, because this cannot be done with traditional media. Customization is one of the characteristics of the Internet, as mentioned in the previous article Vol.8: How to Start Web 2.0 / Internet Marketing. This can be a key for differentiating from traditional media.

2. How are news media to improve content quality?

News media needs to go niche. This means effectively segmenting for positioning themselves by to differentiate from competitors. The Huffington Post, as Lewis (2009) states in article e Social Journalism: Past, Present, and Future, is an example of successful; it is now a leader in today’s social journalism.

Whatever the positioning may be, needs for reporting remains regardless of the popularity of web 2.0, and some reporting can only be done by professionals, by news media, so it is all about content quality based on effective positioning. Moreover, there are some methodologies that can only be adopted by news media/ journalists, leveraging their professional expertise and/or network and organizational skills.

1) Breaking news and living story news content is of high value, especially with curation and contextualization.

It is no doubt that breaking news and living story news content is of high value, and although citizens can be journalists, many such news contents that can only be reported by professional journalists. Many of such news (e.g. news on politics/government, global/society/industry trend) require systematic and organizational information channel, high expertise of reporting and/or extensive and intensive planning/concept making and execution (meaning much resources as well as expertise required).

What is more, the news content value further enhances if content are curated and contexualized, which few citizen journalists are capable of.

2) Real time streaming/reporting is content of high value.

Real time streaming/reporting is also high value content, and although there are some exceptional cases in which citizen journalists sometimes happen to report real time by Twitter and streaming, it is usually difficult for them to report first hand information of such news. Some examples of such news include news of abroad, terrorism, and accident, to name a few.

Furthermore, in many cases, professional journalists specialized in a particular field alone can curate and contextualize spontaneously when reporting a news real time.

3) A better news search experience by directing consumers to the news organization that breaks the news adds value to news content.

This effort is actually ongoing as one way that news media is raising the value of news content overall. According to Curley (2009) in his article Crossing the burning bridge, this effort is called AP3P or Protect, Point and Pay, by AP’s aggregated body of unique news content called NewsGuide curated by news editors.

4) Geo-location is another solution.

Although there are no boundaries in the Internet world, geo-location is one of the current trend and location-based social networks are being established. Location is one factor of market segmentation and this is one way of segmentation and positioning for news media to go niche.

5) Content development leveraging social media ecosystem is also effective.

There are numerous ways of news content development leveraging social media ecosystem that adds value to the content. Some examples include blogozines, distributed social news, social news gaming, and UGC (user-generated content).

6) Building community is vital in social journalism.

This can be said as a type of UGC. There can be variety of community such as branded community and story-based community to name a few.

3. What news media needs to do to create an environment and establish infrastructure for social journalism?

There are mainly the following.

1) Encourage social journalists.

In fact, some media have actually explicitly announced policy of either their journalists become social or leave, as in recent article New BBC Director Mandates Journalists Use Social Media by Grove (2010).

2) Composite guidelines and policies for using social media tools.

Similarly to companies making guidelines, news media are starting to make guideline and policies for using social media tools, as explained by Betancourt (2009) in her article How Social Media is Radically Changing the Newsroom.

3) Leverage web 3.0 or the semantic web.

News media may well get ahead by leverage web 3.0 or the semantic web. This means contents that used to be created manually are change to contents automatically performs heavy lifting, as mentioned by Callari (2009) in his article “Social Media Predictions for 2010”.

4) Find and acquire relevant resources.

This includes finding a strong technology partner and pitching the editor-in-chief. Acquisition of appropriate technology (by partnership is effective) and key person for effective delivery of high quality content are also vital.


Companies and individuals can learn much from how news media is doing to survive, and the above methodologies for the 3 KFS can be applied to their marketing and PR in the web 2.0/Internet online world. The author would like to discuss them in the upcoming articles.


References:-

Betancourt, Leah (2009) How Social Media is Radically Changing the Newsroom
http://mashable.com/2009/06/08/social-media-newsroom/

Callari, Ron (2009) Social Media Predictions For 2010
http://inventorspot.com/articles/social_media_predictions_2010_35277

Crocker, Nick (2009) 4 Things Old Media Can Learn From the Music Industry’s Last Decade
http://mashable.com/2009/10/08/news-industry-music/

Curley, Tom (2009) Crossing the Burning Bridge
http://whatmatters.mckinseydigital.com/internet/crossing-the-burning-bridge

Defren, Todd (2009) Mainstream Media Relations: More Important Than Ever
http://www.pr-squared.com/index.php/2009/09/mainstream-media-relations-more-important-than-ever

Fisher, Lauren (2009) 10 Industries That The Internet And Social Media Will Revolutionize
http://www.simplyzesty.com/social-media/10-industries-internet-social-media-revolutionize/

Grove, Jennifer Van (2010) New BBC Director Mandates Journalists Use Social Media
http://mashable.com/2010/02/10/bbc-social-media/

Jafe, Mark (2010) The Changing Paradigm for Entertainment
http://mobilemandala.com/2010/02/07/the-changing-paradigm-for-entertainment/

Joel, Mitch (2009), Six Pixels of Separation – Everyone Is Connected. Connect Your Business to Everyone. Business Plus

Lavrusik, Vadim (2009) 12 Things Newspapers Should Do to Survive
http://mashable.com/2009/08/14/newspaper-survival/

Lavruski, Vadim (2009) 7 Ways News Media are Becoming More Collaborative
http://mashable.com/2009/12/29/7-ways-news-media-are-becoming-more-collaborative/

Lewis, Woody (2009) Social Journalism: Past, Present, and Future
http://mashable.com/2009/04/07/social-journalism/

Lewis, Woody (2009) 5 Ways Traditional Media Companies are Using Online Video
http://mashable.com/2009/07/31/traditional-media-online-video/

Mohsin, Umair (2010) The Future of Paid Content http://animoney.thoseinmedia.com/2010/01/07/the-future-of-paid-content/

Steiger, Paul (2009) Investigative Reporting in the Web Era
http://whatmatters.mckinseydigital.com/internet/investigative-reporting-in-the-web-era

Saturday, 6 February 2010

Vol.20: How Are News Media to Survive In Web 2.0 World?

In the previous article "Vol.19: What is Ideal Web 2.0 Wocial Journalism / Jourlist?", ideal journalism and journalist was discussed. The topic of this article is how news media as the organization (and employer of journalists) need to change to survive in web 2.0 online world.

1. What does news media need to know to succeed in Web 2.0 online world?


News media need to be aware of the drastically changing environment and the paradigm shift in the business model of journalism, attributing to the game change of news and all content business by Internet/web 2.0. This is supported by Fisher’s article of 10 Industries That The Internet And Social Media Will Revolutionize (2009), with print media as #1, television as #3, music as #6 advertising as #8 and public relations as #9.

2. What is happening in the news media and all content media industries?

There have been scrap and build (such as of AOL and NCB selling announcements), and staff cuts in news media and other content industries. Focusing on news organizations, some examples are mentioned by Steiger (2009) in his article Investigative reporting in the Web era, including closing of business, operating in bankruptcy proceedings, and drastic cut in team and staff/journalists. According to Steigner, newspapers have bought out or laid off nearly 26,000 journalists, which is the equivalent of more than 20 New York Timeses.

3. Are news and other content business market really shrinking?

No, it is not; it is actually on the increase in total. It may seem to be shrinking if looked focusing on traditional media business and/or as an extension of traditional business; however, total news and all other content business is not shrinking but potential demand is increasing. Take music industry for example. It is true that CD business is decreasing with the advent of online music business but with easier access to more online music content, more people are actually consuming more music content and thus total music business has expanded.

Many of the myth of news and content business are not quite right. Curley (2009) says in his article Crossing the burning bridge, under the new game in the Internet era, “it often appears as if the more our content is distributed, the more revenues decline”, but his stance is also that it all depends on how professional news media adapts to the changing business environment. The myth attributes to inappropriate, obsolete business model of many current news media and other content business organizations, not knowing the KFS under the new game rule.

4. What are the KFS to succeed in new game?

KFS to create demand and market to succeed in news and other content business are quality and distribution channel of content.

1) High quality content is a must.

It is true that news business seems to be on the decline in general, demand for high quality news content does exist and even seems to be increasing.

As mentioned in the previous article Vol.10 – How to Successfully Develop Web Content to Directly Reach Buyers, content is the king, and in addition, context the queen, as Joel (2009) advocates, and online consumers do pay for high quality content. This means that content business can be successful even thought many free content are available online. The issue is quality of the content.

According to Mohsin’s article The Future Of Paid Content (2009), global online consumers still place more value on content produced by “professionals” and pay for (perceived) quality content. Steigner (2009) is also of the same stance. This is the very reason why Comcast, the “content distributor” company decided to acquire NBC, the “content” company.

2) Controlling distribution channel to deliver content is also vital.

Controlling distribution channel to deliver high quality content is also a crucial competitive advantage under the new game with the emergence of Internet and web 2.0. Lewis (2009) says in his article Social Journalism: Past, Present, and Future, the future of social journalism will be driven by disintermediation, the replacement or removal of middlemen in the supply chain, and the author feels this has already started. This is also mentioned by a Japanese authority in this field in his online article series about IT and media/content business that he posts regularly on a prestigious media website.

Disintermediation is KFS for many traditional offline company businesses (manufacturers, retailers etc.), Dell model being an excellent example, and is indeed crucial KFS for online business. Some examples to name a few include Amazon, eBay, Yahoo! and iPod of Apple to name a few, all of which resulted to development and establishment of new business models. Such companies stimulated potential customer demand, created new market, and became the market leader, leveraging first mover advantage.

3) Collaboration is the key to achieve and leverage both quality and distribution channel of content.

With the objective of effectively and efficiently produce high quality content meeting customer needs and delivering them directly to online customers, collaboration has become a trend among news media organizations. This is quite natural when many companies in other industries (including offline traditional industries) are making alliances and collaboration to improve their competitive advantage.

Lavruski (2009) introduces with concreteness how news media are doing this in his article 7 Ways News Media are Becoming More Collaborative, mentioning the 7 points below. These are in line with what the author described as ideal social journalists in the previous article Vol.19 – What is Ideal Web 2.0 Social Journalism / Journalist?

- Curating and filtering the stream.
- Working with the audience.
- Leverage collaborative tools (e.g. Google Wave)
- Social media partnership.
- Large news partnering with blogs
- Local news organization teaming up
- University partnership

5. What do news (and other content business) organizations need to know and do immediately?

News media and all other content business organizations are required to change their mindset and overcome the mission in the next few years to survive. Curley (2009) describes this by saying “get all the way across the burning bridge, from analog to digital journalism, and make the difficult choices that this crossing presents”.

Leveraging learning from, for example, Crocker’s article 4 Things Old Media Can Learn From the Music Industry’s Last Decade, news media and other old media need to know that myth is exaggeration and change their mindset. They need to fully understand the essence of the paradigm shift in their business environment triggered by web 2.0/social media ecosystem and determine correct KFS. Social media ecosystem introduced in the previous article Vol.5 – What Social Media Ecosystem Does Web 2.0 Realize? could be of reference. Then they would be able to develop and establish new business model meeting the new era to win the new game.

It is with successfully adapting to paradigm shift and developing/establishing new business model that the value and importance of professional mainstream news media would increase more than ever, as Defren (2009) insists in his article Mainstream Media Relations: More Important Than Ever.


In the next article, the author would like to further discuss some of the actions news media (organizations), one of the primary content business players, are expected to take survive in web 2.0 world. The author believes that marketers, communicators, PR representatives and online business owners can learn from such actions how to succeed in their web/Internet marketing and online business.


References:-

Betancourt, Leah (2009) How Social Media is Radically Changing the Newsroom
http://mashable.com/2009/06/08/social-media-newsroom/

Crocker, Nick (2009) 4 Things Old Media Can Learn From the Music Industry’s Last Decade
http://mashable.com/2009/10/08/news-industry-music/

Curley, Tom (2009) Crossing the Burning Bridge
http://whatmatters.mckinseydigital.com/internet/crossing-the-burning-bridge

Defren, Todd (2009) Mainstream Media Relations: More Important Than Ever
http://www.pr-squared.com/index.php/2009/09/mainstream-media-relations-more-important-than-ever

Fisher, Lauren (2009) 10 Industries That The Internet And Social Media Will Revolutionize
http://www.simplyzesty.com/social-media/10-industries-internet-social-media-revolutionize/

Joel, Mitch (2009), Six Pixels of Separation – Everyone Is Connected. Connect Your Business to Everyone. Business Plus

Lavrusik, Vadim (2009) 12 Things Newspapers Should Do to Survive
http://mashable.com/2009/08/14/newspaper-survival/

Lavruski, Vadim (2009) 7 Ways News Media are Becoming More Collaborative
http://mashable.com/2009/12/29/7-ways-news-media-are-becoming-more-collaborative/

Lewis, Woody (2009) Social Journalism: Past, Present, and Future
http://mashable.com/2009/04/07/social-journalism/

Mohsin, Umair (2010) The Future of Paid Content
http://animoney.thoseinmedia.com/2010/01/07/the-future-of-paid-content/

Steiger, Paul (2009) Investigative Reporting in the Web Era
http://whatmatters.mckinseydigital.com/internet/investigative-reporting-in-the-web-era

Saturday, 30 January 2010

Vol.19: What is Ideal Web 2.0 Social Journalism / Journalist?

In the previous article Vol.18 – How Social PR in Web 2.0 World Should Be? possible methodologies of planning and executing social PR was discussed. The topic of this article is the ideal journalism and journalist, the primary stakeholder of PR representatives, in web 2.0 online world.

1. What do journalists need to know to succeed in Web 2.0 online world?

Journalist need to be aware of the drastically changing environment of journalism, and the paradigm shift in the business model of journalism. This is supported by Fisher’s article of 10 Industries That The Internet And Social Media Will Revolutionize (2009), which print media is #1, television is #3, and public relations is #9.

Journalists need to change their mindset. They need to know that the emergence of online content is not simply something additional to traditional content business. They also need to be fully aware that their stakeholder management is also changing.

2. How journalists need to become social to survive in Web 2.0 online world?

Journalist need to do the following and acquire skills and competencies necessary for them, in addition to fundamental journalism skills and systems/processes.

1) Be entrepreneurial and business savvy.

First, journalists need to know the value of content in the changing business environment and how their business model is changing. They cannot just be writers who collect materials and write articles, but instead, be business savvy.

In order to adapt and succeed in the new business environment, journalists also cannot be bureaucratic but be innovative, flexible and entrepreneurial. They need to cope with frequent update of news releases of companies and other online contents (news sites, blog etc.). Also, they need to be multi-skilled to be able to leverage multi-platform (traditional media platform and web/Internet platform). In addition, they need to be open and proactive to building relationship with bloggers and web audience/readers, in the online world there PR (public relations) has or is expected to truly become public and they as well as PR representatives of companies can directly reach bloggers and the public.

2) Leverage multi-platform and become multi-media storyteller.

Journalists need to leverage multi-platform in developing and delivering stories leveraging multi-media (print, TV, web/Internet etc.). This is one good way of making differentiation from bloggers, who primarily use only web/Internet.

Leveraging multi-media is, what the author calls, “media mix for online and offline synergy”, which is what marketers, communicators and PR representatives of companies need to do as well. For journalists, the biggest concern would be differentiation of print and online articles. In many cases, it seems that print articles are developed first and then the same articles are posted online, and it is quite natural that journalism business is shrinking and becoming unprofitable. They need to make re-define print and online articles, making differentiation. This needs further discussion and the author would like to do so in the next article.

3) Re-define and re-position journalism and journalists.

There are mainly 2 ways to re-define and re-position journalism and journalists.

(1) Make differentiation from bloggers as professional multi-media storyteller.

First way is to make differentiation from bloggers in re-positioning, and re-define themselves as multi-media professional storytellers. Key word is multi-media and professional. Meaning of multi-media is as mentioned above. Professional is about the high quality story and content.

Professional quality of content and story surpassing that of bloggers is one important factor for differentiation from majority of bloggers, and real-time reporting integration may well help further improve content quality and value. The importance of content quality including reliability (of source) is more than ever, with flood of information and contents in web 2.0 online world, in which everyone can be content developer/owner and quality rather than quantity of information really counts. As Defren (2009) say in his article Mainstream Media Relations: More Important Than Ever, bloggers cannot replace journalists, and mainstream media/journalism do have great value in web 2.0 online world as well.

(2) Become also curators and contextualizers.

Second way is radically change their standpoint and mindset, and re-define themselves as curators and contextulalizers. Journalists may well be annoyed by bloggers easily copying and pasting their articles, which is about copyright issue but cannot be eliminated. They may also well be annoyed with bloggers making links from their articles and excerpt their articles. With this kind of radical change in standpoint, it is better for them to re-define by positioning themselves as curators and contextualizers.

With their professional skills, curators and contextualizers is quite possible and ideal yet not easily imitated by bloggers and other web audiences, meaning this gives high value to their content and is of competitive advantage. Linking and exception is part of a dialogue with bloggers and web audiences, and chances of gaining loyal readers. Blog articles may well be good source of contextualizing. It would be far better for journalists to regard bloggers as people to collaborate with rather than compete with.

4) Become social journalist and make direct relationship with web audience (readers).

This is one big advantage that journalists can make most of in the new business environment. There are 3 KFS (Key Factors for Success) to become social journalists.

(1) Leverage social media ecosystem.

This is about leveraging multi-platform. Journalists themselves need to proactively leverage social media ecosystem (tools) mentioned in the previous article Vol.5 – What Social Media Ecosystem Does Web 2.0 Realize? In doing so, they first need to define objective of leveraging social media, which could be collecting sources, promoting their content, and/or building relationship with bloggers and web audience.

(2) Use social media everyday to make it a routine.

To leverage social media, journalists need to use the media everyday based on the objectives defined. Article of Betancourt The Journalist’s Guide to Maximizing Personal Social Media ROI (2009) introduces live examples of how social journalists use social media everyday as routine and summarizes 5 tips for building a social media routine as below.

a) Look at what web audience and sources already in use and meet them there.
b) Make time to connect to the people on social media platforms, and care about them.
c) Make social media tools one of the things journalists check several times a day.
d) Be willing to share expertise and knowledge.
e) Do not be afraid to involve web audience. Look for opportunities to enlist readers to tell story of journalists.

(3) Build community.

This is about the fifth tip of building a social media routine mentioned by Betancourt. Journalists need to be proactive in involving bloggers and web audiences to build online community by open and interactive conversation, remembering that they are representing company/organization. This enables public hearing and monitoring as well as winning their trust and engagement. This also helps journalists to be successful as curators and contextualizers.


Having briefly discussed ideal journalism/journalists in web 2.0 online world, in the next article, the author would like to touch on news media as the organization (i.e. employer of the journalists mentioned above) and their business.


References:-

Betancourt, Leah (2009) How Social Media is Radically Changing the Newsroom
http://mashable.com/2009/06/08/social-media-newsroom/

Betancourt, Leah (2009) The Journalist’s Guide to Maximizing Personal Social Media ROI
http://mashable.com/2009/12/02/personal-social-media-roi/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+Mashable+%28Mashable%29

Defren, Todd (2009) Mainstream Media Relations: More Important Than Ever
http://www.pr-squared.com/index.php/2009/09/mainstream-media-relations-more-important-than-ever

Fisher, Lauren (2009) 10 Industries That The Internet And Social Media Will Revolutionize
http://www.simplyzesty.com/social-media/10-industries-internet-social-media-revolutionize/

Kim, Cindy (2009) Social Media reshaping journalism - how will you cope?
http://cindykimblog.wordpress.com/2009/09/15/social-media-reshaping-journalism-how-will-you-cope/

Lauby, Sharlyn (2009) 10 Must-Haves for Your Social Media Policy
http://mashable.com/2009/06/02/social-media-policy-musts/

Lavrusik, Vadim (2009) 12 Things Newspapers Should Do to Survive
http://mashable.com/2009/08/14/newspaper-survival/

Lavruski, Vadim (2009) 8 Must-Have Traits of Tomorrow’s Journalist
http://mashable.com/2009/12/09/future-journalist/

Lewis, Woody (2009) Social Journalism: Past, Present, and Future
http://mashable.com/2009/04/07/social-journalism/

Scott, David Meerman (2007), The New Rules of Marketing & PR. John Wiley & Sons, Inc.

Saturday, 23 January 2010

Vol.18: How PR in Web 2.0 Online World Should Be?

In the previous article "Vol.17: How to Make Social News Release", possible methodologies of making social news release were introduced. The topic of this article is how PR activities needs to be changed from traditional PR activities in offline world leveraging the social news releases, to make it the ideal PR activities in web 2.0 online world.

1. What is the essence of PR activities in Web 2.0 online world?

In short, it is to adopt marketing approach. In order to succeed in PR with new rule of marketing, PR and IR as mentioned in the previous article "Vol.7: The New Rules of Marketing, PR and IR in Web 2.0 Online World" to effectively reaching directly to bloggers and buyers as well as traditional journalists, marketing approach is vital. This means adopting marketing concept/framework of segmentation, targeting, value proposition, CRM (Customer Relationship Management), AID(M)A (Attention, Interest, Desire, Memory, Action), LTV (Life Time Value) of customers (buyers), Pareto Law and ROI (Return on Investment) or marketing to name a few. This can be said as another aspect of convergence of marketing and PR.

2. How PR activities should be performed in web 2.0 online world?

From the author’s experience, possible methodologies of effectively performing PR activities leveraging social news releases and converging with marketing are as below.

1) Send/distribute social news release whenever there are good reasons to do so, not only when big news and events are present.

In the web 2.0/Internet world, successful PR activities of companies and other organizations is frequent sending of news releases in the framework of total story of the company/organization. This is because PR activities in the web 2.0/Internet online world, PR needs to target all web users including bloggers and buyers as well as traditional journalists and publishers, information are now usually updated frequently leveraging the characteristics of the Internet mentioned in the previous article "Vol.8: How to Start Web 2.0 / Internet Marketing" and now and web users are used to frequent updating of information on the web.

Each news release targeting every web user is in effective (as in principle in marketing that communication targeting everyone does not meet customer needs and ineffective), and therefore each of them needs to be made and distributed with careful segmentation, positioning and targeting in market-in approach. This is a different approach from traditional PR in offline world in which news release was made and sent only when there are big news and events to journalists and media exclusively, in product-out approach. Strategy, value proposition/offering, story telling (scenario building), and optimization of each news release in total framework are required for the new approach.

2) Broadcast news release and other PR information leveraging social ecosystem.

It is ideal for PR representatives to leverage social ecosystem introduced in the previous article "Vol.5: What Social Media Ecosystem Does Web 2.0 Realize?" and broadcast social news releases and other PR information online such as podcasts and blogs, as some leading companies are already doing. In traditional PR in offline world, news release was faxed to journalists and/or distributed in publicity and press conferences and posted on the company website (in news release section) when Internet emerged. In web 2.0 online world, it is ideal to leverage social ecosystem (social media) to broadcast targeting all web users. This would trigger successful viral marketing.

Some tactics include starting official company Twitter and Facebook account and broadcast by such social media vehicles, and proactively distributing and introducing in e-newsletter, to name a few, with the objective of drawing attention and interest the first “A” and “I” of AID(M)A at the driving point of the persuasion scenario explained in the previous article "Vol.13: How is Landing Page Optimization Related to Persuasion Scenario?".

In addition, when sending social news releases and other PR information to journalists and bloggers, it is often effective to segment and target with cover letter and additional document tailoring to respective target to meet their respective needs with one-to-one marketing approach.

3) Engage bloggers and other influencers in the web 2.0/Internet world as well as traditional journalists by interactive conversation online.


Unlike traditional PR in offline world in which PR representatives interacted exclusively with journalists and media, PR representatives need to reach proactively interact with influential bloggers as well as traditional journalists to win their engagement. This would mean companies/organizations to open the door to inviting influential bloggers to publicity and press conferences as well as interacting on regular basis in the future.

Expanding target to influential bloggers and managing all targets effectively is a challenge. It requires careful screening selection and retention of targets, similarly to cultivating, selecting and retaining loyal customers in marketing with Pareto Law for successful CRM leading to maximization of customer (buyer) LTV and ROI. Such topics as online engagement and social media ROI, as well as viral and one-to-one marketing, deserve further discussion, and the author would like to do so in one of the upcoming articles.

4) Leverage social media vehicles to perform public hearing and monitoring.

Unlike traditional PR in offline world in which PR representatives communicated one-way sending out news release only, PR representatives in web 2.0 online world need to leverage social media ecosystem for effective public hearing and monitoring.

Traditionally, PR representatives used to monitor their PR activities only by clipping of news and magazine coverage and how and when information on their company/organization went on the air on TV and radio news/programmes. However, with emergence and popularization of the Internet, online coverage (e.g. online news) has been under monitoring in many companies. And with the emergence and popularization of social media, PR representatives (and marketers) need to monitor the reputation of their company/organization i.e. what the general public talks about their company/organization in social media world. To do so, they need to monitor major social media vehicles such as news sites (e.g. Digg), major blogs (e.g. Marshable), microblogging (e.g. Twitter), audio/video podcast (e.g. YouTube) and social networking sites (e.g. LinkedIn and Facebook) as well, as some leading companies already does now.

Public hearing and monitoring leveraging social media helps PR representatives better understanding the needs of online audiences including journalists, media, bloggers and the general public (prospects and buyers). Input from such hearing and monitoring contributes to planning and execution of market-in PR instead of traditional product-in PR.

In addition, it is ideal for PR representatives or other members assigned to proactively participate in social media/online communities, by interactive conversation, to positively influence reputation of the company/organization.


Having briefly discussed ideal PR activities in web 2.0 online world, the author would like to touch on how such PR activities are influencing or could influence journalists and media, primary stakeholder of PR representatives in the next article.


References:-

Safko, Lon and Brake, David K (2009), The Social Media Bible – Tactics, Tools & Strategies for Business Success. John Wiley & Sons, Inc.

Scott, David Meerman (2007), The New Rules of Marketing & PR. John Wiley & Sons, Inc.

Saturday, 16 January 2010

Vol.17: How to Make Social News Release?

Having gone through the persuasion scenario in the previous article Vol.16 – How to Effectively Optimize Transactional Landing Page?, the author now would like to discuss the PR/newsrooms in the web 2.0 online world as a follow-up of the previous article Vol.7 – The New Rules of Marketing, PR and IR in Web 2.0 Online World because it is one of the fields that are going through drastic changes with Internet and web 2.0 technologies.

1. What is the essence of PR in Web 2.0 online world?

Transparency is the new PR (Public Relations) in web 2.0 online world and PR has truly become “public”. In offline world PR targeted only mass media and journalists but it was something exclusive and not truly “public”. However, in web 2.0 online world in which individuals have equal access to information and can organize, publish and protest on their own without using any professional media outlet online, also directly target consumers and buyers as well, and it needs to be more open and responsive, i.e. transparent.

2. What is the ideal news release in web 2.0 online world?

In web 2.0 online world, the ideal news release, the basic and primary tool, can be summarized as search engine and browsing optimized with rich content, reaching directly to all web audiences to drive people into the sales process. From the author’s experience, possible methodologies of creating such a news release are as below.

1) Target all web users and gain broad exposure.

In the Internet world, all web users can and will access to press releases of companies, so news releases should target directly them all, including bloggers and buyers as well as traditional journalists and publishers. This means to leverage news releases for broader exposure, and composing news release suitable for variety of targets. This is also about 2) below.

2) Optimize content.

First, defining and building buyer persona as mentioned in the previous article Vol.10 – How to Successfully Develop Web Content to Directly Reach Buyers, and based on the buyer persona defined create a clear message and content including possible offering and story the buyer persona may find appealing. Make sure to deliver the story in the words of the buyer persona, including their “trigger words”, and never use jargon etc. When story is delivered in such a way, they would be able to understand and find it, and also define tools and methods to share and broadcast.

3) Perform social media SEO while using trigger words.

Ciolek’s article “Top 6 SEO Strategies for 2010” (2010) encompasses well points that are usually not mentioned in SEO (Search Engine Optimization) article. Among social media SEO strategies, the following 2 are the primary strategies that need to be implemented in composing news releases.

(1) Use optimized keywords and phrases, and social media tags.

This point is usually mentioned when people discuss SEO. Carefully define keywords and phrases that make news release rank high up, and include them in titles/headlines, text and social meta tags. However, such keywords and phrases may not be “trigger words” for the buyer persona, as explained in the previous article Vol.15 – How to Effectively Optimize Reference Landing Page?. In addition to key words and phrases, define and include trigger words of the buyer persona, and if they should not be the same, “balance” the two in the headlines as much as possible.

(2) Create relevant, high quality content and post frequently.

Content needs to meet the expectation of the web users clicking the search result link thus the content needs to be relevant with the key words with high quality satisfactory to them, as explained in the previous article Vol.11 – How to Successfully Drive Web Users to Web Contents?. Such content would encourage web users to share e.g. making links, broadcasting etc., which would give positive effects in terms of SEO.

In addition, posting news releases frequently is also a SEO tactic, meaning it would be more effective to send news releases of relevant content whenever good reasons exist rather than sending only at occasions of big news/events. Finding good reasons should not be a big problem because when all web users are regarded as targets, stories of the company, large of small, can be found with more ease.

4) Optimize integrated links for optimized browsing.

Insert links to drive web users to marketing and other related web pages/contents such as product information and reference/transactional landing pages with the objective of driving them to persuasion scenario (buying/selling process) mentioned in the previous article Vol.13 – How is Landing Page Optimization Related to Persuasion Scenario?. This is an extremely good example of converging marketing with PR. Moreover, integrated links would encourage web users visiting back to the websites.

5) Leverage social media ecosystem.

There are many other concrete social media ecosystems realized by web 2.0 introduced in the previous article Vol.5 – What Social Media Ecosystem Does Web 2.0 Realize? that can be leveraged to create or support press release and its pages. Some examples of concrete social media tools are as below.

(1) Audio, video and livecasting

Many companies already leverage audio and video by uploading podcast and streaming contents (e.g. company message, financial announcement webcast) in their website.

(2) Search

Continuous improvement in search within the website/press release section is important and is what all companies have been doing.

(3) RSS

Some company websites already has RSS, as well as distributing e-newsletter to subscribers.

(4) Blogs

Some companies leverage blogs to complement company message and helping promoting engagement with web users.

(5) Social networking, microblogging, and their widgets

Companies will need to become more social by making official account for social networking sites (e.g. Facebook) and microblogging (e.g. Twitter) and leverage in their PR (and marketing) activities, like what some companies already have strategically doing. Also, locating widgets to help web users share the information is another say of becoming more social.


In this article, the author focused on the ideal news releases in web 2.0 online world, and would like to introduce a blog article by Helmer (2009) “The Ultimate Guide to Creating Social Media Press Releases“. This pinpoints what PR in web 2.0 online world offers, and the article itself leverages the social ecosystems mentioned above. The blog article also introduces useful tools and online services that are helpful for effectively creating and distributing press releases.

In the next article, the author would like to discuss how PR activities in web 2.0 online world need to be changed from traditional PR activities in offline world.


References:-

Ciolek, Joanna (2010), Top 6 SEO Strategies for 2010
http://www.linkedin.com/news?viewArticle=&articleID=101442807&gid=2359145&articleURL=http%3A%2F%2Fjoannaciolek%2Ecom%2Fwordpress%2Ftop-6-seo-strategies-for-2010%2F&urlhash=-tpe&trk=news_discuss

Eisenberg, Bryan & Jeffrey with Davis, Lisa T. (2006), Waiting for Your Cat to Bark? Nelson Business

Helmer, Gail (2009), The Ultimate Guide to Creating Social Media Press Releases
http://www.gailhelmer.com/2009/11/18/the-ultimate-guide-to-creating-social-media-press-releases/

Safko, Lon and Brake, David K (2009), The Social Media Bible – Tactics, Tools & Strategies for Business Success. John Wiley & Sons, Inc.

Scott, David Meerman (2007), The New Rules of Marketing & PR. John Wiley & Sons, Inc.

Saturday, 9 January 2010

Vol.16: How to Effectively Optimize Transactional Landing Page?

In the previous article "Vol.15: How to Effectively Optimize Reference Landing Page?" possible methodologies of optimizing reference landing page(s) was introduced. This article will discuss possible methodologies of transactional landing page optimization.

1. What is the essence of optimizing transactional landing page(s)?

It is to navigate the buyer to go through the transaction steps to the end that are usually the same as making transaction offline at stores etc., minimizing operational errors and/or doing things over again. This is quite natural because completion of online transaction to maximize conversion rate is the objective of the page(s), as explained in the previous article "Vol.14: What is Landing Page and Its Optimization?". Transactional landing page is the last part of the persuasion scenario, the conversion point of the funnel, as explained in the previous article "Vol.13: How is Landing Page Optimization Related to Pursuasion Scenario?" For the buyer to have reached this point means that much effort have been made by the web owner as well as the buyer, and it is quite natural that the both parties surely would like to conclude the transaction.

But in reality, it is surprising that many buyers leave the landing page(s) before completing the transaction and there are many reasons. Some attributes to the transaction itself (e.g. the buyer is dissatisfied with price, quality, requirements etc. of the products/services and finally decided not to “buy”. But some others all attributes to failure of optimizing the transactional landing page(s).

Whether the reason for clicking goodbye is the former of the latter, it is business opportunity loss, and it is crucial to optimize the transactional landing page to maximize the conversion rate and minimize loss in business opportunity.

2. What are possible methodologies of transactional landing page optimization for maximized conversion rate?

From the author’s experience, possible methodologies of optimizing transactional landing page(s) are as below.

1) Make clear call to action(s) and focus on transaction.

Making clear call to action(s) and focusing on transaction can be achieved by the following.

(1) Confirm that the buyer would like to “buy” then move to conversion point by navigating the buyer to the transaction landing page and make the buyer that he/she is entering a transaction.

(2) Tell the buyer clearly what he/she needs to do to make a transaction.

(3) Make the transaction landing page a separate area in the total website. It is better to have minimum (or no) links to the main website pages; if such links are to be made, take care so that the buyer would now such links are not for making transaction.

In addition, it is better to make use multiple call to actions in many cases. This is because it is difficult to pinpoint one specific offering that appeals to a specific person (buyer). An example is in a BtoB world might be a free trial, white paper and price quote all in a transactional landing page.

2) Design the series of transactional landing pages in a way that the buyer goes through the online transaction step by step similarly to offline transaction.

Series of transaction pages need to be designed going through transaction processes of offline transaction. The essence of online and offline transaction should be the same and in theory the buyer should be going through the same transaction step whether it is online of offline, or at least the same offline transaction processes is what the buyer (and the seller = web owner) is used to so the processes should go smoother if kept same with that of offline.

Such steps (procedures) include filling forms of the buyer information, selecting/filling what he/she would like to buy, how many/much he/she would like to buy, where does the buyer want it to be delivered and when, how the buyer want to pay etc.

3) Design landing pages that truly help the buyer smoothly go through transaction processes.

KFS (Key Factors for Success) to develop landing pages that buyers can smoothly go through transaction processes are: transaction overview; clear, simple and convincing procedure/operation; confirmation and solicitude, which can be achieved by the following.

(1) Specify the overview of the transaction procedure together with where currently the buyer is.

(2) Before starting the transaction, specify important information such as terms of use and reasons for the buyer providing his/her private information, and make sure that the buyer agrees.

(3) Ask for minimum information and operation to minimize burden of the buyer. This can be done by:-

- Retrieving data already exist from the DB etc. (e.g. customer name etc if the buyer is already a member, province/prefecture and city from zip code)
- Allowing the buyer to select instead of input (e.g. pull down menu, selecting to tick).

Minimum operation leads to minimum human error and contributing to response rate improvement. This is because the buyer is likely to abandon the forms if he/she is asked to input so much data and/or he/she needs to correct the input data again, leading to reduction in response rate. Also, from privacy perspective, it is far better to ask them for minimum information.

(4) Clarify what the buyer needs to do to. This includes:-

- Clear indication: copy, link button, input box, how and what the buyer needs to input and/or click/select
- Clear distinction between required items and optional items
- Clear instruction on how to input: For numbers, must be half-width or full-width also acceptable. For phone number, hyphen needed or not. For date, order of year, month and day, how to input the numbers (e.g. 1 or 01)

(5) When all data has been input, allow the buyer to confirm and ask the buyer if he/her do want to buy i.e. to complete the transaction and make him/her click “yes” if he/she does want to buy.

(6) If the buyer wants to change the data (e.g. number of products, how to pay), let him/her make changes with ease and confirm again.

(7) Clarity the completion of the transaction. Display the confirmation message and/or send an e-mail to address the completion of the transaction.

4) Make sure to follow up.

Possible follow-ups include the following.

(1) After effective call to action and leads are to come in, follow up with responses in a timely manner.

(2) Let the buyer know the status of delivery of the transaction(s) (e.g. notify when the product is sent, online payment transaction is complete).

(3) Clearly let know how the buyer can change the transaction in some cases (e.g. subscribe or unsubscribe, making change in personal information and settings).This can be done by clarifying the URL of the page to make changes and how.

(4) Let the buyer see the history of the past transactions.


The author would like to add that maximizing the use of the past transactions as effective CRM (Customer Relationship Management) is extremely important as well. This may well lead to one-on-one personalized offering to buyers meaning higher buyer/customer satisfaction and more possibilities of upcoming transactions, thus higher ROI and customer equity. Amazon is probably the best example of this. Customer equity and customer life time value is one of the topics that deserve further discussion so the author would like to focus on this in one of the upcoming article.

The author now has completed explaining how to plan and develop website/web contents, driving prospects to the web content and navigating them to go through the persuasion scenario to complete the transaction.

Next, the author would like to discuss the PR/newsrooms in the web 2.0 online world as a follow-up of the previous article "Vol.7: The New Rules of Marketing, PR and IR in Web 2.0 Online World" because it is one of the fields that are going through drastic changes with Internet and web 2.0 technologies.


References:-

Eisenberg, Bryan & Jeffrey with Davis, Lisa T. (2006), Waiting for Your Cat to Bark? Nelson Business

Scott, David Meerman (2007), The New Rules of Marketing & PR. John Wiley & Sons, Inc.