The Marketing Companion

twitter and NYSE

Twitter is at a crossroads. It's in the process of becoming a public company which will inevitably affect how they monetize, where they monetize, and perhaps even influence the type of content they are willing to allow on the site.  A bastion for free speech, how will Twitter react when Wall Street pushes back on controversial content? As little Twitter has grown up it is now squarely in the gunsights of Facebook, which can only survive and thrive by increasing its "marketshare" of our personal information. Twitter is experiencing a youth movement, driven in part by the fact that mother (and even grandmother) is on Facebook now, directly threatening a core Facebook audience. Twitter is also in the middle of placing a bold bet on becoming the go-to "second screen" for television viewing. Twitter has changed my life so these are vitally interesting topics for me and many in the marketing field ... and an awesome topic for our next Marketing Companion podcast. And if these topics are not reason enough to tune in, you should listen to this episode just to hear Tom Webster state that he no longer has to suck on the teet of social media. It's a fun and lively debate which also covers:

  • Why Twitter may be a better investment than Facebook
  • Facebook's pre-IPO sneak attack
  • The critical importance of owning the "second screen"
  • Why a Twitter-Nielsen partnership is dynamite
  • Twitter as a shelter for cowards and how dimwits define the conversation
  • The IPO's possible impact on Twitter and free speech?
  • Why Twitter needs celebrities to fuel the youth movement
  • The three unique value propositions of Twitter
  • The new monetization models for Twitter -- "reach" versus "targeting"

At this point you are probably experiencing a Pavlovian-type response and are reaching for the "play" button. Well, here it is:

Resources mentioned in this podcast:

Christopher S. Penn

Venture Capitalist John Frankel of ff Venture Capital

The Book The Tao of Twitter: Changing Your Life and Business 140 Characters at a Time

Direct download: TheMarketingCompanion.8.mp3
Category:Social Media Marketing -- posted at: 4:49pm BST

what does it take to succeed in marketing

I have a new Twitter follower who has branded herself as an "authenticity coach." This puzzled me. Is that a real business?  Is "authenticity" a critical business skill so important it has become a cottage industry? And perhaps the bigger question is, exactly what DO you need to learn to succeed in a marketing career today? This is a complex question because marketing as a career discipline has evolved differently than other areas of business. If you are a finance professional or you work in accounting or economics, the fundamentals of your career success are not sliding under your feet. But if you are trying to establish a career in marketing, not only are the tools of your trade changing, the rules of engagement are changing every day. If you want to aim to land a marketing job, what should you study in college?  Do you even need to go college? If you are an established marketing professional, how do you stay relevant?  Are you doomed to be in a constant state of catch-up? This is a fascinating topic and that's why I think you will particularly enjoy the latest edition of The Marketing Companion, a 30-minute podcast I create with the amazing Tom Webster. We cover a lot of ground in a short period of time, including:

  • The gap between marketing business needs and today's marketing education
  • Real world experience versus a college education - Do you even need a degree any more?
  • Why marketing education is different than other disciplines in the business school
  • Is "social media" an entire degree program, one class, or an essential life skill?
  • Community manager - The hardest job in marketing?
  • Five critical marketing career skills you will never get in school

At this point, you probably can't wait to wrap your ears around this podcast, so here it is!

 Other helpful resources mentioned in this podcast:

Book by Tom Peters:  The Brand You Book by Dr. Robert Kelly:  How to Be a Star at Work: 9 Breakthrough Strategies You Need to Succeed

Blog post by Mark Schaefer: The crisis in marketing education and what to do about it

Illustration courtesy of   Book links are affiliate links

Direct download: MarketingCompanion.7.mp3
Category:Social Media Marketing -- posted at: 8:09pm BST