Checking Reality: Business Blog Validity

Liz Fuller, who writes Business and Blogging, recently pulled together a list of Fortune 500 blogs. In sum, she found 8 percent of Fortune 500 companies had some level of corporate blogs. Two of the top ten — GM and GE — have blogs.

The GM Fastlane Blog, of course, has been sourced as a best practice staple for some time. It appeared in my first presentation on business blogs in 2005, cited for its human approach, industry insights, product updates, press rebuttals, industry passion, and responsiveness.

While Fuller meant her post to be a precursor to evaluating 41 corporate blogs — the good, the bad, and the ugly — in the weeks ahead, longtime recruiting blogger and recently named “Best Recruiting Blogosphere Personality” Recruiting Animal flipped the headline to conclude Business Blogging Flops, adding in a reference to The Guardian article that notes the one percent rule is an emerging trend.

The One Percent Rule

The one percent rule is that if you have a group of 100 people, one will create content, 10 will interact, and 89 percent will just view it. That’s about right, unless you nurture engagement.

For example, our BlogStraightTalk group has 200 members with slightly better numbers, with 10 percent helping to create content, 30 percent offering comment, 50 percent viewing it, and 20 percent never dropping by again. However, although I have been focused on other projects, encouraging engagement is by design.

Honestly, this isn’t all that much different from face-to-face organizations. Without encouraging engagement, members of any organization, regardless of where it forms, will likely follow similar behavioral patterns: 1-10 percent lead, 10-20 percent manage, 30-80 quietly participate, and the balance forgets why it joined in the first place.

There is no difference, leaving The Guardian’s information interesting, but its conclusion is invalid because it fails to draw a comparison to real life.

Business Blogs Flop?

This knowledge brings us back to the headline flip. It seems to me that blogs and other social media/new media applications are sometimes too easily dismissed as viable because the expectation is an 80-100 percent adoption rate.

This isn’t realistic. In fact, with the possible exception of business cards, I don’t believe any communication tactic —brochures, newsletters, radio, television, Web sites, etc. — has an 80 percent adoption rate. So why have we set the expectation higher for the newest communication tool on the block?

Exactly. It doesn’t make sense.

The Truth About New Media

I can no longer open any communication-related publication without reading about the application of social media. Even Communication World (CW), which is a magazine for communication management, promoted “Social Media: Extend Your Reach” on the cover of its Jan.-Feb. issue.

Given the organization that publishes CW tends to be more conservative and representative of corporate communicators than advertising agencies and maybe public relations firms, it seems to me they present an accurate picture of where business communication is headed. Much of it will be online.

Will that mean every company will have a blog? Probably not. But not every company buys a television spot either. There are virtually hundreds of ways that companies can become engaged in social media on some level. And there are dozens of ways to employ a blog to fit the specific strategic communication needs of a company.

As I’ve pointed out several times, a company might not have a formal social media program in place, but they are most certainly engaged in it whether they know it or not.

For example, Bank of America might not have a blog, but I have more than 500 network connections (the maximum number returned) to existing and former Bank of America employees and associates in my Linkedin network alone. Even more telling, a quick Google blog search on “Bank of America” reveals more than 2.7 million hits on blogs. (That’s just blogs.) Similar results turn up on the other eight companies that round out the Fortune 500 list.

Simply put, most companies are engaged in new media. Whether or not they monitor or manage their message or support a corporate blog is a different question. Because the truth is, whether they do or not, it seems painfully obvious that their customers, vendors, and employees do.

Sneaking Peeks: Copywrite, Ink.

For the last month, we’ve been making changes to the Copywrite, Ink. site, gearing up for a great 2008. Some changes will begin spilling over here to our blog, while others simply demonstrate our continued experimentation with the integration of social media.

We’re not done.

But sometimes sharing works in progress helps inspire other people. And that is what I hope to do today. You see, there is one question I’ve learned that needs to be asked about social media by people who hesitate to include it into their marketing mix. The question isn’t “why?” The question is “why not?”



Why not begin to introduce videos using Revver or YouTube to introduce yourself or your work or something else?

Why not forego static profile pages and instead link to Linkedin, where clients and contacts can connect?

Why not skip those same old “menu bars" and make a Web site a gateway to everything else?

So that’s what we are going to do. In the weeks and months ahead, we’ll be asking “why not” a lot more often. Sure, our experimentation with integrating social media into a traditional Web sites will not work for everyone.

That’s the beauty of communication. One size does not fit all.

Of course, if you’re thinking this comes from someone who doesn’t understand the difference between small business and large corporations, please don't allow my sometimes relaxed nature fool you. It's exactly the opposite. We've worked behind the scenes with the 9-1-1 National Emergency Number Association, American Greetings, Fidelity Investments, GMAC, McDonalds, and the United Sates Air Force (to name a few).

Combined, our experience spans more than 1,000 accounts. Or, as we like to say, 1,000 secrets that very few people know about. Some of them do. And those that do also know our secrets can tip the balance between landing an account and seeing it slip away.

Considering Sundance: Social Media Measures

A few years ago, Sundance Catalog Company opened a store inside Boca Park in Las Vegas, a retail center that continues to offer great dining, apparel, art, and accessory boutiques. We were working for the developers of Boca Park at the time, the same developers responsible for the acclaimed the Mall of America in Minneapolis.

There was no question that Boca Park was the right place for Sundance. Boca Park is located in Summerlin, a master-planned community surrounded by more than 100 square miles of luxury, executive, custom, and gated residential developments with thousands of homes priced at more than $1 million.

From a social media perspective, Robert Redford’s brick and mortar store was a virtual gold mine. It had it all. A prime location. An attractive corner building. Friendly employees. A high traffic count. Celebrities stopping by. Great content. Dozens of “link-like” plugs from various newspapers and magazines. It was hot!

Oh, except for one little thing. Sales. Nobody bought anything. It was all eye candy; a window shopper’s paradise. I once bought a very nice light switch cover there. It cost about $10.

Not surprisingly, Sundance moved out. It was replaced by Tilly’s, which does very well at Boca Park because, well, people buy things. Sometimes I buy too many things.

Sure, I know precisely what was wrong with the Sundance store and how it could have been amazingly successful given the surrounding area, but that’s not really what this post is about. What this post is about is the growing pressure on social media measurements and why these measures are slowing down businesses that want to migrate to social media. More often than not, social media is measured like the Sundance store.

I’ve been brooding about this for some time now. And no, it’s not the kind of stuff that makes you popular in some circles, especially those who rank. However, other people are starting to wonder if I might not be right, at least a little bit.

Where does the hype end and the real measure begin? At least those are the kind of questions that Geoff Livingston, author of the new book, Now Is Gone, is starting to ask about what is now called the Ad Age Power 150. (We’ll be opening up more discussion about this later today at BlogStraightTalk on Bumpzee and BlogStraightTalk’s newest home on BlogCatalog.) But I wanted to touch on a question raised by Andrew Graham, an account executive for Cognito, on Linkedin.

“How should social media companies be valued?” Graham asked in response to my query, what social media question is not being adequately answered by communication experts? “Given a lot of these companies are more or less built for acquisition, I think it's a legitimate question.”

Exactly. Right now, traffic counts, clicks, rank, and links are considered the most relevant measures of social media. Don’t get me wrong; these measures can play an important role in the greater scope. But, unfortunately for businesses, they provide a skewed sense of reality.

In other words, there are a whole lot of Sundance brick and mortar stores (like the one mentioned above) online. They have everything going for them, except a tangible measure like sales. And the reason is pretty simple. Many of them are chasing social media measures instead of strategic business goals. To what end?

As preliminary answer to Graham, in my opinion, a social media company is worth what someone will pay for it, but the social media measures that are currently in play (like clicks and links) over inflate the value unless proprietary technology is part of the package.

In terms of blogs or other social media tools, the best measures are based on its ability to meet strategic goals: things that range from brand awareness and market share to member engagement and sales. All the other stuff, while helpful and not to be discounted en masse, are not really valid measures unless the buyer is equipped to turn traffic into something tangible.

Likewise, companies entering social media to expand their communication plan might consider what goals they want to meet on the front end. And no, I don't mean rank as much as bank. That's what we've been doing for several companies over the last few weeks, determining what real goals they can tie to their social media plan.

Targeting Nomads: Social Networks

“MySpace, Facebook, LinkedIN: Social networking is probably the biggest change in how people use the web. With nearly 100M visitors there is something going on here, yet it hasn’t taken off behind the firewall.” — Paul Pedrazzi, OracleAppsLab

Pedrazzi is not alone in wondering just what social networks might do for business. Geoff Livingston, on his new Now Is Gone book blog, noted that Facebook doesn’t build communities as much it reconnects existing relationships. Michel Fortin concludes “it's not a viable marketing tool. At least, not for me.”

So why all the hype? Enough hype that the Trade Union Congress (TUC) in Britain felt the need to issue a release defending worker on-the-job access to social networking sites. That eight percent of businesses report they are actually afraid of employee backlash if they ban social networks. That some claim social networks are an integral ingredient in our cyberspace environment.

Social networks present a viable and worthwhile consideration for any social media mix, but they do not seem well suited to support a sustainable communication strategy or meaningful content. More often than not, they are consumer-generated content billboards for traditional and new media (blogs) hoping to capture online nomads as they wander their way to watering holes for individual conservations, gossip, fun, and games.

Sure, a few have worthwhile applications like the questions/answers at LinkedIn or BlogCatalog discussions, which do lend well to creating a sense of community. Open niche networks like RecrutingBlogs.com work well too.

These examples aside, social networks seem best suited to be what early blogs hoped to be — a place for individuals to connect and have two-way conversations when they aren’t trying to out-scoop each other on finding new online content to talk about. There is nothing wrong with that.

Yet, sooner or later, the mad rush for numbers will be over and people will stand around asking themselves did I invest all this time in the right social network? Probably not.

It makes sense for me as someone engaged in social media to check out all the new applications that are readily and frequently available (about 100 times more than most social media gurus actually write about). But if it wasn’t for this reason, I think I might have a different message all together … call me when the nomadic online wandering is over and I’ll bring by a house-warming gift.

Exploring Social Media: Semi-Public Youth

“… just as science reveals how crucially important nourishing relationships are, human connections seem increasingly under siege. Social corruption has many faces.” — Daniel Goleman, author of Social Intelligence

When most people think of consequences associated to youth and social media (MySpace, Facebook, and blogs), the first thought that comes to mind is sexual predators infiltrating the Web. Yet, most consequences seem more subtle, despite growing out of a spoof about society’s fascination with addictive behaviors.

Sure, Dr. Ivan Goldberg may have coined the phrase “Internet Addiction Disorder” as satire but other researchers like clinical psychologist Kimberly Young, Psy.D. used it to set a new pace in launching exploratory studies that looked at online addiction (read a sum up here). In one such study, she concluded as many as 396 of the 496 Internet users could be classified as dependent.

More recently however, John Grohol, Psy.D. pointed out that most of these studies are less than reliable. In fact, many skew toward proving a threat to modern society. And others, such as the impact of Internet harassment, seem too thin to draw any real conclusions.

So maybe we need better questions: What are the long-term personal ramifications of participation in these networks, particularly among youth, as Marc Aniballi, managing director at Crack Method, offered up to me on Linkedin as one question we don't ask enough about social media.

Although I am not deep enough into the book Social Intelligence to provide a proper review, I do believe Goleman has set the stage to answer questions like the one proposed by Aniballi. Some paraphrased highlights from the book include: substituting daily interactions with online activities may not provide children enough experience to cope with face-to-face interactions; constant digital connectivity may inadvertently disconnect them from the world around them; greater connections may provide more forums to justify anti-social behavior rather than reinforce moral values being taught at home; and emotional outbursts online that may spill over into their surrounding environment.

They are interesting observations. They make me wonder if some answers are right under our noses. Maybe Britney Spears, Lindsay Lohan, and Jason Wahler have the answers.

All of them were subjected to an inordinate amount of adult content and choices, a displaced sense of self-worth as it is based on public input, a disproportionate amount of public critique and ridicule, an inappropriately high level of aggressive public outbursts, and a general disconnect from interacting with the world around them; experiences that are indicative of social networks and the Internet.

So where does that leave us? As much as I would like to say that the solution is simply better educating youth before giving them the freedom to engage in social media, I sometimes wonder if most adults understand that one of the personal and professional consequences of engagement means becoming a semi-public or public figure. Nonetheless, here are three observations that youth might benefit from before becoming more immersed in social media:

Balance. Social media is best used to augment education, expand social networks, and create conversations. It was never meant to replace them or infringe upon them. Forget friend counts and get out more.

Responsibility. Written communication has significantly more impact than verbal communication. It is often permanent. Despite this, social media dramas are generally more inflammatory than in-person disagreements and discussions. Diffuse it instead of lending to it by insulating yourself against becoming emotionally engaged. In most cases, name callers say more about themselves than the person they attack. In some cases, they aren’t even real people.

Selectivity. Unless we can look at the world as disconnected observers, information can and will influence our behavior. It pays to be selective in what we expose ourselves to, how we interpret that information, and to take care not to project it into our own lives.

To be clear, I think social media is one of the finest communication tools available for any number of individual and business applications. However, the Internet is much like the world: you can find what you look for. So what are you looking for? And your kids?

Balancing Acts: Social Media Measures

A few days ago, Lee Odden had a similar idea. Although I have a different conclusion, Odden’s piece is a must read for anyone hoping to understand a little more about combined ranking systems.

My decision to take a look at them began the day after I posted about Ad Age’s acquisition of Todd And’s Power 150. Jane S. (Jericho Saved) left a comment, asking “Is Todd’s considered to be more reliable than BlogPulse? Is BP even reliable?”

Other than BlogPulse being a better topic measure and Todd's being a better niche industry blog ranker, maybe the best answer is that most social media measures provide insight, but these insights are often misleading. Here is the oversimplified truth behind some of them:

Google PageRank relies on the uniquely democratic nature of the Web by using its vast link structure as an indicator of an individual page's value (the more links, the higher the page relevance). Importance: it provides an indication of how many other pages are sourcing "searched" information from that page to determine its search rank. Triviality: sometimes you don’t have to be first to be relevant (and not everyone searches on Google). (Bonus: Mac users can get a free dashboard widget at Apple.)

Alexa Traffic Rank is based on the usage of millions of Alexa toolbar users. It is the most common gauge to determine traffic. Importance: it provides an excellent snapshot to see which direction your Web site is moving from a broad perspective. Triviality: traffic doesn’t necessarily mean you are getting the right traffic. (Bonus: Terence Chang recently offered some tips about Alexa.)

Bloglines is a free online service for searching, subscribing, creating and sharing news feeds, blogs, and Web content. Importance: the more subscribers and bookmarkers, the more likely these subscribers will visit your blog. Triviality: There are many subscription services, which is why some people are now pushing FeedBurner as a better measure. However, keep in mind that some subscribers are likely to add a blog to multiple readers, which means the measure is likely less than. (Bonus: ProBlogger asks if full feeds increases subscription rates.)

Technorati tracks 94.9 million blogs and over 250 million pieces of tagged social media. Its authority system, which is one of the most criticized (for some reason), ranks blogs based on links from other blogs in the last 180 days. Importance: the authority rank indicates how many other social media participants consider your post relevant enough to comment about it on their blogs. Triviality: Meemes and other link lists can artificially inflate ranking. (Bonus: Make Money Online shares one strategy.)

Digg and other news aggregators allow user submitted content to be voted on by a community. Importance: a post that gets "dugg" by hundreds of members will most certainly increase traffic. Triviality: member alliances can increase diggs on content with little substance. (Bonus: Digerati Marketing recently posted some Digg tactics.)

Social Networks can include any number of places, ranging from BlogCatalog.com to Facebook to Linkedin to (if we’re being honest) Twitter. Almost all of them (including Technorati, which has "favorites") have some sort of “connection” mechanism. Importance: friends can mean the difference between exposure and no exposure. Triviality: it’s relatively easy to make friends and connections. (Bonus: If you ask, 90 percent of those asked will add you, unless you are a troll.)

Content/Frequency/Comments is another measure that has been around for a while. It was recently re-popularized by Edelman’s complex Social Media Index. Importance: the frequency of posting and number of comments all contribute to increased traffic. Triviality: posting too frequently buries good content and comments can all too easily be inflated. (Bonus: Here are the top ten tips that have been around a long time.)

Conclusion. Everybody likes the rankings, traffic, comments, diggs, and, well, whatever (yeah, me too). They create conversation, attract attention, and demonstrate momentum even when social media pundits weight the numbers toward those areas they excel (and we all know they do) or attempt to game the system.

At best, it seems to me that it is these measures and the gaming of them that slows social media from becoming more mainstream (as it makes the average business owner skeptical of blogs). At worst, it detracts from what communication people are supposed to focus on: the company's overall strategy and the true measures of success (like market share, sales, etc.).

Put plainly, Seth Godin doesn’t have a successful blog because he ranks 8,311 on Alexa or 13 on Technorati. Godin has a successful blog because his online brand is consistent with who he wants to be perceived as and, more importantly, he sells a lot of books (The Dip, released May 10, is still #447 on Amazon).

In sum, the best measures of success come from achieving results that are derived out of a sound business strategy. Certainly, any of these measures can help provide a performance snapshot (assuming you avoid the temptation to game them), but the active pursuit of them won't do much more than distract from what really matters.