The growing market for blogs June 8, 2006
Posted by uknetmonitor in PR, blogs, companies, corporate reputation, public affairs, reputation, stakeholder.add a comment
BBC NEWS | Technology | The growing market for blogs
I couldn't put this better myself, so I won't. Here is James Cherkoff arguing its time for companies to wake up to the power of blogs
Bloggers now have influence beyond the internet |
It's the interaction between blogs that makes them so interesting and influential.
A single blog can be akin to a ranting madman on the corner.
However, when linked together into massive intertwining communities, they have the vibrancy and passion of an enormous street market.
Information, opinions and whispers exchange hands at light speed. And it's no longer confined to techie chats.
Conversations about every conceivable subject take place, from newborn twins to politics, or rants about brands and products.
As the quantity and quality of these conversations grows, so does the blogosphere's influence beyond the internet, including the commercial sector.
Pay attention
Consumer power is not a new thing. What is new is the passion that the blogging community creates and the speed at which communities builds.
Media professionals often write off user-generated content as amateur and poor quality, and, of course, a lot of it is.
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However, enthusiasm for these new media tools is infectious and many amateurs are striking chords among their audiences in ways that traditional media struggles to do.
It's worth noting that gender stereotypes are changing too.
Livejournal, a big provider of blogging tools, has 500,000 UK users and females outnumber males 2:1.
A key element of this new type of media is the trust that people have in it.
If someone's blog raves about a new product people take notice because they know the publisher has no vested interest.
Unsatisfied customers can immediately tell the world and hook up with their disgruntled brethren.
The resulting energy and passion can make traditional media look quite pallid in comparison.
User-generated media has gradually created groups of independently-minded critics who constantly publish their views to faithful audiences.
If the traditional press is the fourth estate, the blogosphere can be thought of as a new, fifth estate. If there is a story to tell, it will publish and be damned. ![]()
James Cherkoff is Director and co-founder of Collaborate Marketing and editor of the blog Modern Marketing.For more information about UKNetMonitor, go to our website at www.uknetmonitor.com
UKNetMonitor June 7, 2006
Posted by uknetmonitor in Uncategorized.add a comment
UKNetMonitor I am still frequently asked "but who is reading all this blog stuff?" This is largely by the same people who dismissed text messaging as something for kids, rather than a serious business tool. In Corporate Communications these days the focus persists on the mainstream media. Why? Well certainly because old PR hands know how to handle that, but also because of the view that what is on TV and in newspapers drives public opinion, rather than the other way around - if anyone still believes that then it is understanable they would have trouble conceiving that their are completely different routes by which opinion is being created and disseminated. Probably the easiest way to demonstrate "who is reading" is simply to look at the tried and trusted measure of page views. Those great people at Alexa provide just the tool. The graph below compares page views from the websites of The Times, and Financial Times, with hits on blogger.com and Livejournal (using MySpace takes it off the graph!) and for good measure I have thrown in the BBC. Note hits on blogger now surpass the Beeb! 
Different CGM impacts corporate communications June 2, 2006
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One of the things that is often difficult for companies to get a handle on is the breadth of consumer generated material that impacts on corporate reputation. An understanding of this is critical for companies to respond effectively. Many see blogs as simply another channel for customer complaints, others dismiss them as simply repeating news and views already in the mainstream media. Both of these are true, but there are other types, and they all matter and require response:
Personal experiences
Relaying news beyond usual channels
Expressing influential opinions
Incitement to activism
Raising new issues and concerns
Reflecting reputation
Responding to events
The personal experiences of customers (good or bad) provide any company with valuable intelligence as to how they are doing. Most companies are prepared to spend a fortune of market research, focus groups, and so on, but personal blogs of customers, employees and other stakeholders, provide insights often tempered in other research channels. Monitoring personal blogs provides a company with the opportunity to listen – unmoderated, unfiltered, and in real-time.
Yes, much of what is found on personal blogs, is newsfeed generated, but just because it has already been in The Times doesn't mean that it doesn't matter anymore. The manner in which blogs relay information to new channels is very significant because of the speed, reach and depth of the web. If a company issues a press release, it will be faithfully reported in the next issue of the mainstream media (daily, weekly or monthly). Bloggers will have it within minutes, and it spreads virally to others, typically reaching an audience that is quite distinct and often bigger, from the newspaper reading. More importantly, this information will quickly surface in special interest blogs that a general mainstream PR campaign could to hope to reach.
Of the millions of blogs and personal websites out there most are probably only read by a small circle of friends and aficionados of the blogger. Whilst the reach is small, the influence, particularly when reporting a bad experience, will be felt among that group. No-one in communications can afford to under-estimate the impact of word-of-mouth on reputation. Many blogs are indeed more widely read than mainstream media, and have the stature and influence that goes with it. For me, however, the most significant way in which bloggers are exerting their influence is within the special interest Forums and Groups. If I am deciding what new car to buy, I am just as likely to solicit the opinions of other members of my Golfing forum, as I am to read "What Car". Why? because I trust the opinions of my fellow golfers.
And then there are the activists. The web provides an ideal mechanism for single-issue pressure groups to disseminate information, and calls for action. Whether it is Greenpeace calling for a boycott of a supermarket, animal rights activists demanding violent action against a mobile phone company, or simply a parent campaigning for better school dinners, companies cannot afford to wait until an activist campaign is underway (or worse, reported in the mainstream media) before responding.
Individual stakeholders are using the web, their blogs, their websites, discussion forums, news groups and so on, to raise new issues and concerns. This is where corporate communications professionals really have to change their game. The loss of control over the messaging (http://uknetmonitor.blogspot.com/2006/05/web-20-and-corporate-communications.html) is replaced by a conversation going on around them. This can be listened to, or engaged with, but not ignored.
Ultimately, any company that claims to be customer-centric and then puts the opinions of mainstream journalists above those of its customers is going to have a rather distorted understanding of its corporate reputation. Any company that waits until an issue surfaces in the press before acting, will be behind the reputation curve.
Welcome June 1, 2006
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Using skilled people not just automated search engines UKNetMonitor maintains close watch across the web, blogs, and newsgroups, for mentions of client organisations helping them manage reputation at risk by identifying new issues, public concerns, and complaints.
Visit us at www.uknetmonitor.com
