Ideas, insights and inspirations.

In today’s revolutionary new marketing landscape, consumers have become more confident, capable and impatient. They know what they want, based on the fabulous wealth of data in search, and the trusted reviews of their peers in social networks. Even while traditional marketing continues to over-saturate every aspect of their lives, consumers are increasingly enlightened to aggressive modern marketing tactics: they know when a Facebook campaign reeks of shameless self-promotion, or when promotional Tweets sound like spam. As social media adoption reaches a level previously inconceivable – and growing still – it seems as if marketing power has finally returned to the people. As Chief Marketing Officers struggle to shift gears, stubborn or inflexible brands are the ones likely to be left behind. According to a recent study by IBM, the four biggest challenges facing CMOs today are an enormous increase of data, the growing importance of social media, ever-expanding channels and devices, and shifts in consumer demographics. A cynical brand … Continue reading

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With the maturing of the digital age, traditional public relations, or PR 1.0, has evolved into PR 2.0. The traditional rules of PR for building reputation in key areas and conveying values have fallen to the way side, and a new paradigm has emerged. Instead of relying on media relations contacts as gatekeepers for the select few, authority and expertise now flows from numerous subject matter experts. The voice of authority has been replaced by the voice of many peer experts. Mass communications has been replaced with personalized messaging. Today’s public relations 2.0 marketers need to employ and harness personalized, story-centered communications to steer their corporate brand: Create Buzz on a Person-to-Person Level In contrast with the mass communications style of traditional public relations, PR 2.0 professionals create influence by starting, joining and shaping one-on-one conversations. They rely on storytelling rather than press releases. They make customers the hero of the story, positioning the corporation as the enabler. They promote … Continue reading

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The fusion of Web 1.0 and Web 2.0 is creating a new Donut Marketing (TM) paradigm, which combines content you create on your website with content others have created on social media channels. Read details.

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A copy of my presentation that I gave to non-profit and for-profit members of Business Volunteers Unlimited in Cleveland is included below. Marketing 2.0 & PR 2.0 from abunoaman Enjoy it.

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Here is a summary of my presentation I gave yesterday at the Pittsburgh Technology Council. 1. Marketing is conversations. 2. The consumers have shifted from tv/print to web and are now increasingly mobile. Marketers better move too, if they want to connect with their audience. 3. Consumer psyche has changed. They expect conversations. They reject authority. They want transparency. They love stories. They are both content consumers and content producers. 4. Great websites are conversation starters. Conversations begin by great storytelling at the site blogs+communities, and buzzworthy linkbaits. 5. Emarketing tools carry the conversation starters outside the organization. Email marketing, event marketing and sweepstakes are examples of these. 6. Social Media sites are conversation hubs. 7. PR2.0 aims at influencing conversations. 8. Search Engines are conversation finders. 9. A whole breed of conversation listening tools have emerged, such as Google Alerts, Blog Pulse, Tweetdeck, Ennect Survey, and the major search engines. I wrapped the presentation with a couple of real … Continue reading

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The Internet and mobile devices have changed not only our lives, but entire disciplines. Marketing is no exception. Marketing 1.0 vs. Marketing 2.0 In Marketing 1.0 world, marketers could get away with producing brochures, ads, press releases, events, and promotions. It was a world world where opinion makers ruled in mass communication mediums. Accountability for performance was fuzzy at best; metrics such as brand impressions were bantered around and were found acceptable. Half of advertising was effective, but no one knew which half. In contrast, Marketing 2.0 is about doing all of that in a new ecosystem where your prospects and customers are now living in print, on the Internet and carrying mobile devices. Opinion makers are moving aside and social networks are the new opinion shapers. Direct to consumer PR new channels are exploding. The new currency of conversation is demand generation and accountability for performance. Campaigns better be measurable, or else you risk joining the statistics of short-tenured … Continue reading

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Even though Marketing budgets are being slashed, online marketing spending is on the rise. Here are some reasons for this paradox: 1. eMarketing provides better ROI. 2. eMarketing is more measurable. 3. eMarketing provides better tracking. You know what is working, and exactly the things that are working. 4. With eMarketing’s lower costs, marketers can do more with less. 5. You can adapt fast, pull triggers faster. 6. Most importantly, prospects and customers have shifted to living online. A soft, yet increasingly important benefit is that eMarketing lets you play a part in saving the environment. As we all know, necessity, not goodwill, drives true behavioral change. The current recession and explosion of online life, not the green movement, is real force behind the shift towards eMarketing.

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A few symptoms: 1. Unbeknownst to them, their brands are being discussed on twitter, blogs, Facebook, YouTube and other hangouts. 2. Many don’t realize that their brands are losing the PR wars in social media space. 3. They are too busy obsessing over formulating corporate guidelines and policies instead of testing and embracing social media and going on the offensive. 4. Most of them are unaware that search engines reward socially active brands, which generate fresh content. 5. As a result, many of them are missing opportunities to surround and engage their target audiences with keyword driven social media tactics. Opportunities missed include: 1. customer service 2. brand building 3. sales 4. PR 5. branding

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An eMarketer newsletter late last year was headlined “CPG Starts Thinking Outside the Box,” and projected that CPG (consumer package goods) companies “will spend $920 million on all forms of Internet advertising (2007), up 33% over 2006,” with that number going to $1.81 billion by 2011. I remember many years ago when Proctor & Gamble’s then-CEO Ed Artzt admonished ad agencies (where I was working at the time) for not “stepping up” and fulfilling the promise of what was then termed “interactive marketing” (though, if you want a counterpoint, read “Interactive Marketing: The Future & Present” AMA & NTC Books, 1995. It’s an interesting read that profiles the beginning of much of the marketing we’re seeing happening or about to happen today.). The idea then was simple: there are lots of ways to connect with the customer (and remember, this was the early ’90s) and marketers continued to rely on network TV advertising. Today we see what in some marketers’ … Continue reading

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Back when my day job was advertising, the Holy Grail of advertising was WOM: word of mouth. If your spot or print ad could generate positive WOM (“buzz” in those days was something only insects did. By the way, this was only 8 years ago), it was golden. I just blundered across an eMarketer report today entitled, “Word-of-Mouth Marketing:
Winning Friends and Influencing Customers” which notes that “64 million US adults regularly share advice on products or services, and over 25 million of them (26.4, to be exact. That’s 17.5% of the online population) wield their influence online.” In just four years, by 2011, eMarketer predicts that over 35 million adults — representing 20% of the internet population — will be online influencers. Increasingly then, another facet of electronic engagement is going to be iWOM: internet word-of-mouth. Which forces the question, how do we as marketers go beyond “viral” and “buzz”, which to me have purposeful or “manufactured” implications, and get … Continue reading

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