The Marketing Companion

For the first time since Facebook unseated MySpace in the hearts and minds of teens, ladies and gentlemen, we have a new social media champion -- Snapchat, at least if you're a young American (cue David Bowie). While Facebook continues to dominate overall social media usage, in a new report from Edison Research, Snapchat has eclipsed Facebook with social media users aged 12-24. In fact, 72 percent of them now use Snapchat and 26 percent cited this as the channel they use most often, up from 15 percent just a year ago, a mind-blowing statistic. At the same time, Facebook dropped from 43 percent to 32 percent as the most-used network for that age group. This new report prompted a fascinating discussion with Tom Webster on our Marketing Companion podcast. We also discuss:

  • Why this trend is another way consumers are becoming "less available" to advertisers.
  • Why influencer marketing is growing in importance and how it is transforming in this ad-free era.
  • Is Snapchat social media as it was meant to be? It's unencumbered by Likes, status and brands (for now).
  • New data on podcasting and why Tom Webster now believes this should be considered a "mainstream" channel.
  • Why the "short attention span" view is a myth.
  • The enigma of radio -- receivers are disappearing but reach is holding steady.
  • Content in the future -- might be unrecognizable from where we are today.

Are you ready to hear more? Of course you are. Let's get to it. Resources cited in this episode:

Please support our extraordinary sponsors. Our content is free because of their generosity.

Many thanks to our friend Scott Monty for the awesome show intro. Be sure to check out his amazing newsletter The Full Monty, the best weekly curation of digital news.

BuzzSumo is the world’s best way to discover, analyze and amplify your content. Run over to BuzzSumo today for a 14 day free trial and use the coupon MARKETING-COMPANION to get 20% off BuzzSumo for the first six months. Beyond data, BuzzSumo offers priceless insights to take your marketing to the next level.

GoToWebinar – a leader in online events – is one of the easiest and most effective ways to connect and convert your target audience. You can generate qualified leads, establish thought leadership and build brand awareness for up to 1,000 attendees. Trusted by start-ups to global organizations worldwide, GoToWebinar helps businesses reach over 40 million people each year.

Our podcast is also brought to you by Voices Heard Media. Please check out this tremendous resource for scaling social media engagement. Take a look at building an engaged and relevant audience through innovative new games, contests, analytics, polling platforms, and other innovations.

Direct download: tmc.71.mp3
Category:Social Media Marketing -- posted at: 9:08pm BST

There is a steady drumbeat of bad news about content marketing ...

  • The output of content per brand increased by 78 percent in one year, but content engagement decreased by 60 percent at the same time.
  • On social networks, brand-generated content is seeing the lowest engagement rates now than any other time. BuzzSumo reported that even the best content creators are seeing dramatic declines in social referrals.
  • 50 percent of professionally-marketed blog posts receive fewer than eight social shares.
  • Content Marketing Institute, the relentless cheerleader for all things content, reported in their new research that satisfaction with the measurable results of content marketing slipped from 38 percent to 30 percent in just a year.

TrackMaven report concluded that a majority of professional marketing content fails to have an impact and calls this “the darkest picture to date of content marketing.” BuzzSumo's analytics genius Steve Rayson recently wrote:

Whilst in earlier years it was possible that if you produced good content it would get found and shared, almost by virtue of its quality, this is no longer the case. There is now so much content that even producing great content is not enough.

But despite the gloom, here is a fundamental truth: Content Marketing works. Which of course is part of the problem. In fact, the more it works, the more people invest in content. The more content, the more competition. The more competition, the more it costs to compete just to maintain the gains ... and this is exactly what we're seeing in the marketplace right now. The trick is adjusting to these new realities. How do we overcome that level of information density? How do we assign value to our work? And how do we produce content that rises above the noise? That is the topic of our new podcast episode and one that will surely make you think and perhaps it will even cheer you up in the midst of all this gloomy news. There is a path forward, but we need to adjust to these new realities instead of denying them. Here's how:

Please support our extraordinary sponsors. Our content is free because of their generosity.

Many thanks to our friend Scott Monty for the awesome show intro. Be sure to check out his amazing newsletter The Full Monty, the best weekly curation of digital news.

BuzzSumo is the world's best way to discover, analyze and amplify your content. Run over to BuzzSumo today for a 14 day free trial and use the coupon MARKETING-COMPANION to get 20% off BuzzSumo for the first six months. Beyond data, BuzzSumo offers priceless insights to take your marketing to the next level.

GoToWebinar – a leader in online events – is one of the easiest and most effective ways to connect and convert your target audience. You can generate qualified leads, establish thought leadership and build brand awareness for up to 1,000 attendees. Trusted by start-ups to global organizations worldwide, GoToWebinar helps businesses reach over 40 million people each year.

Our podcast is also brought to you by Voices Heard Media. Please check out this tremendous resource for scaling social media engagement. Take a look at building an engaged and relevant audience through innovative new games, contests, analytics, polling platforms, and other innovations.

Direct download: tmc.70.mp3
Category:Social Media Marketing -- posted at: 11:13pm BST

How much time do you spend each week learning something new? It's a problem for me, which is why I love podcasts so much. I can usually find a way to fit in a 30 minute podcast and feel energized and refreshed. I am even getting a lot of new blog posts ideas from podcast discussions that inspire me. If you haven't discovered podcasts as a way to get energized and inspired, the latest edition of The Marketing Companion would be a great place to start. In this latest edition you'll hear about two new apps to help you create content, a list of the worst apps in the world (including the Death Simulator), and some radical new insights into customer service best practices.

Two cool new apps for the content creator

Tom Webster and I start the show covering two new content-creation apps we love. The first one is Anchor, an app that Tom uses to record and share soundbites on the go. These soundbites are called “waves" and could have an interesting impact on content creation. Lots of possibilities here. I talk about how I am using Blab and why I love it. I'm still in the experimental stage but see huge potential in this as a flexible and easy way to create quality content. I am even combining Blab and Slideshare.

Radical insights into customer service

The heart of the show is a discussion of the surprising data behind Jay Baer's new book Hug Your Haters. Tom Webster led an Edison Research team to discover the truth of customer service on the web today. Here are some the fascinating tidbits that came out of the show:

  • Why Jay's new book is not the one he started out to write.
  • What industries are number one for complaints?
  • What company gets the single-most number of complaints?
  • The vast implications of customer expectations for response speed.
  • What do you do about that 2 percent of "haters" who just love to hate? They won't go away no matter what you do. How do you know when it is time to walk away?
  • The Hatrix -- a strategy for dealing with haters
  • Onstage haters versus offstage haters and the amazing data that points to radical new social media service strategies
  • Why the emphasis on Twitter complaints may be overstated.

I'm sure you'll love this show. Especially the part about poop. Here we go ... Please support our extraordinary sponsors. Our content is free because of their generosity. Many thanks to our friend Scott Monty for the awesome show intro. Be sure to check out his amazing newsletter The Full Monty, the best weekly curation of digital news.

GoToWebinar – a leader in online events – is one of the easiest and most effective ways to connect and convert your target audience. You can generate qualified leads, establish thought leadership and build brand awareness for up to 1,000 attendees. Trusted by start-ups to global organizations worldwide, GoToWebinar helps businesses reach over 40 million people each year.

Our podcast is also brought to you by Voices Heard Media. Please check out this tremendous resource for scaling social media engagement. Take a look at building an engaged and relevant audience through innovative new games, contests, analytics, polling platforms, and other innovations.

Direct download: tmc.69.mp3
Category:Social Media Marketing -- posted at: 12:07am BST

On the latest edition of The Marketing Companion, Tom Webster and I get personal. Between us, we have more than 50 years of marketing experience and we've learned many important lessons along the way. In this new episode, we look back and discuss the advice we have received from mentors along the way that changed the course of our careers. We also take Bollywood by storm. More or less. I think you will really enjoy this one ... Please support our extraordinary sponsors. Our content is free because of their generosity.

 

GoToWebinar – a leader in online events - is one of the easiest and most effective ways to connect and convert your target audience. You can generate qualified leads, establish thought leadership and build brand awareness for up to 1,000 attendees. Trusted by start-ups to global organizations worldwide, GoToWebinar helps businesses reach over 40 million people each year.

Our podcast is also brought to you by Voices Heard Media. Please check out this tremendous resource for scaling social media engagement. Take a look at building an engaged and relevant audience through innovative new games, contests, analytics, polling platforms, and other innovations.

Direct download: TMC.68.mp3
Category:Social Media Marketing -- posted at: 6:26pm BST

What does it mean to be "digital?" Is your business digital? How do you know it is? Is it enough? Research shows only 18 percent of all businesses are really optimizing digital in a way that creates competitive advantage and those that do leave their competitors far behind. Which side do you fall on? In this new episode of The Marketing Companion, Tom Webster and I go deep on this topic and discuss what it really means to be a digital business, the importance of adopting a digital mindset and the impact on all of us as marketers. We also look at a case study of a company "going digital" that resulted in a $9 billion loss and the lay-off of nearly 18,000 employees. Are the stakes high? Yes, they are. Do you need to listen to this podcast? Yes, you do. Well ... here it is for your listening pleasure! Resources mentioned in this podcast The Inside Story of what Really Went Wrong at Target Canada, Canadian Business What Digital Really Means, McKinsey Global Institute The Most Digital Companies are Leaving the Rest Behind, Harvard Business Review Illustration courtesy of Flickr CC and Vancouver Film School

Please support our extraordinary sponsors. Our content is free because of their generosity.

gShift’s Web Presence Analytics platform provides agencies and brands with search, social and mobile content marketing data in one place. Monitor and report on an entire web presence. Create smarter, faster content through gShift’s proprietary data. Report on the engagement and performance of your content marketing investment.

Our podcast is also brought to you by Voices Heard Media. Please check out this tremendous resource for scaling social media engagement. Take a look at building an engaged and relevant audience through innovative new games, contests, analytics, polling platforms, and other innovations.

Direct download: TMC.67.mp3
Category:Social Media Marketing -- posted at: 2:14am BST

Tom Webster and I have been doing a podcast together for nearly three years. And this is what Tom had to say about our latest episode: "This was our best podcast ever." What made it so? Is the Internet changing for the better or for the worse, and should businesses care? We were inspired by a passage in a recent London Guardian post by Hossein Derakhshan.

 

I miss when people took time to be exposed to opinions other than their own, and bothered to read more than a paragraph or 140 characters. I miss the days when I could write something on my own blog, publish on my own domain, without taking an equal time to promote it on numerous social networks; when nobody cared about likes and reshares, and best time to post. That’s the web I remember ... That’s the web we have to save.

How has the Internet changed in ways that help us or hurt us? Are our values and the promise of the web being slowly "boiled away?" Is the "inward gaze" of social media becoming a dead-end for content? As "newness and popularity" replace authority on the web does its significance decline? One of our deepest and most interesting discussions. I think you will enjoy audio discussion. Is this the Internet we need to save? Resources mentioned in this podcast Iran's blogfather Facebook, Instagram and Twitter are killing the web. How Facebook and Instagram are killing the Internet Mark Bernstein The book Collapse: How Societies Choose to Fail or Succeed: Revised Edition target="_blank"

Please support our extraordinary sponsors. Our content is free because of their generosity.

 gShift’s Web Presence Analytics platform provides agencies and brands with search, social and mobile content marketing data in one place. Monitor and report on an entire web presence. Create smarter, faster content through gShift’s proprietary data. Report on the engagement and performance of your content marketing investment.

Our podcast is also brought to you by Voices Heard Media. Please check out this tremendous resource for scaling social media engagement. Take a look at building an engaged and relevant audience through innovative new games, contests, analytics, polling platforms, and other innovations.

Direct download: TMC.66.mp3
Category:Social Media Marketing -- posted at: 7:35pm BST