Updated: 3 Steps to Improve Your Social Network

Being a sociable person is more important than ever. And I don’t mean just with your family at the holidays.

It’s not like you don’t know that. As a marketer, social media is an important part of your everyday habits (I hope), and it’s one of the most engagging and effective tactics you have at your disposal. And now more than ever, it’s an important part of being a business professional, whether you’re in marketing or any other profession.

Back in May 2009, I wrote a post about steps you can take to improve your social network. So much has changed since then that it’s time to take a good, long look and update those original steps. It’s important not just in the sense of building a network of people — it’s a key part of becoming an effective and knowledgable business professional in today’s real-time world. You have to sell yourself and your ideas to your peers and your customers (cause if you’re in marketing, you’re in sales), you have to sell your experience to potential employers, you have to connect with peers in your field, and you definitely have build your Brand Y-O-U.

Hence, here are 3 steps you need to take right now to do just that:

• Build a network of references — An important part of building a personal brand is not only having a track record of experience and achievement, but having allies who can and will attest to it. And given the legal risk that companies now face with managers providing online references, it’s important to have references that go beyond your LinkedIn profile. Certainly ensure some references on LinkedIn from key managers, direct reports, colleagues and others as you can — yet also secure letters from key contacts (if possible) and promises to serve as telephone references as well. Some executives avoid providing written recommendations of your work on social networks, yet will certainly provide references to your personal priniciples and business acumen over the phone. Don’t discount LinkedIn, and continue to build a powerful list of LinkedIn contacts and references — yet have a strong list in the background of people who will put their mouths to work saying what their corporate counsel won’t let them write.
• Engage social influencers in your field — As you know, there are plenty of social communities and outposts where you can listen and learn a whole helluva lot about marketing or whatever vertical market(s) you’re in. (If you actually don’t know that, you need to go to work on Google right this second and figure it out!) Yet while it’s wholeheartedly critical that you listen and learn, it’s now equally valuable to engage the social leaders and influencers in your field. You want your voice heard? Then engage the people talking the loudest and smartest. Comment on their blogs, share ideas, ask thought-provoking questions. Become part of the conversation and make your thoughts heard, put them in the social record. Let them get indexed and searched and read. It does more than just build your personal brand — social influencers are hubs of knowledge, and if you’re in their network you benefit from that. You learn about jobs that come open, new research, compelling content, receive introductions, and more. Alll valuable commerce in the context of building your own network.
• Keep your network active — Much like we engage our customers in social media, engage your network along the same lines. Share content with it, challenge it with thought-provoking questions, throw ideas at it. Don’t let social influencers languish, or the information they share with you languishes also. Many times people lose sight of this simple necessity as the responsibilities of our jobs outweigh the time in our days. Yet you must carve out a section of your day precisely for activating your network, it’s vital to building a personal Brand Y-O-U. Much like our brands, we have to engage our contacts and social influencers with the same principles we use to engage our customers in social media. And just like marketing, using a mix is important — Twitter, LinkedIn (both profile updates and status updates), targeted emails, blog posts, Facebook, comments, social sharing of news and content, etc.

These basic steps will have your social network humming in no time. If you listened to the advice in my original post from last year, you’re ahead of the game and you’ll add to an already-strong network. There are still other things you can do — start your own blog, seek speaking opportunities, and become a social influencer yourself. Either way, the steps above are important since a strong, active network is now a must-have for any savvy professional. You can start the proverbial business in your garage, but to be successful it can no longer stay there in a vacuum.

I’ll leave you with the same advice I left you with in my original post:

You’ve invested the time, money and effort in being a good marketer — don’t let it go to waste because you didn’t invest in your social network and Brand Y-O-U.

Take the steps above and charge ahead starting now.

Sharing Some News — and You’re More Likely to Remember It

Where’s the first place you take a good, long look for information when you need it?

If it’s for a purpose that’s meaningful to you, the first place you turn is likely your social network (no, not the movie…your real social network). The power of a recommendation from someone your trust is priceless — both for yourself and for marketers as well. If we can earn customers’ trust and deliver a good experience, we can make it into customers’ social networks through recommendations. Makes our job a whole lot easier.

That’s why I’m sharing news about a CNN global research study on the power of news and recommendation (POWNAR). The study looks at social sharing of news studies, and has some interesting results on how marketers benefit in terms of brand recall and other metrics.

It’s interesting that the average global user shares 13 stories per week and receives 26 stories through shared social media links or emails, and that 43% of news sharing comes from social media networks and tools like Facebook, Twitter, YouTube and MySpace (wait, that’s still around?). In other words, if you’re not active in social media — either listening to and/or participating in conversation with and between customers — you need to start doing it now. I’ve been saying that for a while, so I’m actually tired of saying it. More importantly, become a creator of branded content that your customers can share with their networks.

Hope you find value in my socially-shared news.

Is This the Browser of the Future?

Sometimes it’s the little things.

In this case, the little thing may turn out to be a big thing. It’s been fun to take a good, long look at and play around with Rockmelt, the new browser that integrates a variety of social elements to make browsing a true social experience. At first playfully called the “Facebook browser,” it’s built on Chromium, has Facebook integration, and certainly has an interesting feature set.

Now, instead of having a variety of windows, tabs and programs open, you can have full access to major social media sites as part of your one browser window. At various points around the window there are toolbars and icons that provide rollover and/or one-click access to your information streams from Facebook, Twitter, blogs and other places. You can also perform the standard set of functions like share, retweet, like, etc. There’s also a search bar for access to dynamic type-to-search results and a navbar listing your most important friends on the left, with mini-window access to detailed info, wall commenting, etc.

It is definitely a highly social experience, yet I expect a slow adoption rate. There are still a ton of folks who just want to search for things, do research and read online — without the omnipresent stream of information from the socialsphere. I think that eventually the overall ease of monitoring your socialsphere at the same time you’re doing whatever you do online will be something that’s inevitably hard to refuse for most. It’s certainly gotten mixed reviews, but I think Rockmelt has something here, even if it takes time to grow in adoption.

For marketers, it means not necessarily having access to fans and followers in the confines of your fan page or a Twitter client. Your fans or followers may now see your updates and offers in a small window in a nanosecond.

All the more reason to make your social strategy built upon solid content, so you have engagement and your customers find value that lets you stand out from the crowd.

What do you think about Rockmelt — fab or flop?

The New Four P’s of Marketing — Part 2

So we’ve discussed Proof and why it’s critical to demonstrate that what you do and what you say means something to customers.

Now let’s discuss what you can do to demonstrate that Proof — go get yourself some Presence.

• Presence — You can’t prove anything to anyone without having a Presence. And not just in terms of being there when there’s a need, or having an ad in the right place, or dropping a direct mail piece at the right time. Presence is also being there when there’s not a need. Presence means providing knowledge. It means creating or defining needs in addition to meeting needs — for example, by providing content and establishing credibility as an expert.  Or using customer interaction and knowledge to develop meaningful solutions. Presence helps you deliver the Proof.
  There are many ways to have Presence — and you need to be knowledgable about all of them, from traditional tactics like emails and direct mail, to online tactics like Google keywords, to social media engagement tools like Twitter. Maybe you don’t need them all, depending on your audience, but you better know their strengths and weaknesses. 
  And you better make sure your Presence evolves with your customers.  Otherwise, they move on and your Presence is meaningless.  There are alot of things you should be doing to stay up-to-date on new aspects of social media that allow interaction and dialogue with customers. Like Google Wave, for example. Your customers may be in all these social media nooks and crannies, and if you’re not there with them as part of the conversation then you have no Presence.
  Sure, you can still have 20th century Presence.  We still need it!  You can still send direct mail and email, run ads, hand out samples and all the other marketing tactics we develop and refine with great effort.  Hell, traditional marketing works wonders when done right. Yet if your bag of tactics has not expanded to include social media in whatever ways and websites and widgets your customers love and interact with — then you will now find that your traditional marketing has alot tougher time succeeding.  Competitors who create interaction are too easy to find, and they’ll steal your business with with their Presence.
  Presence is scalable, and it depends on your customers.  It may require people who live and breathe social media every minute of every day — bloggers, Tweeters, Tumblrs and Diggers. Or it may require a simple Facebook fan page.  And it certainly requires a mix of traditional marketing in some form.  So it must be guided by someone with comfortable vision of both traditional and new.

Next post discusses the third P: Persuasion.

The Culture of Culture

People are different.

And that’s not just marketing speak to kick off some rant about targeting messaging to various customer segments.

The people we work with are all different too. Take a good, long look around your office today. Some just show up to work and go about their business, maybe you rarely ever see them (Rares). Some are, as one of my former bosses would put it, the “perfect corporate employees” who do everything completely by the book, politically correct, neat and tidy (PCs). Some are the gossip-furtherers and water-cooler-whisperers who give the Rares and PCs knots in their stomachs (Whisps). You could get even more granular and break it down even further, yet the point is this: all the various types of people come together to make up the corporate culture. And if you’ve been through a few companies, you know that corporate cultures can be as different as the people who make them up. Hey, it’s a hot topic, to the tune of 79.3 million Google search results.

Of course, one thing that impacts corporate culture is strong leadership. And in the blink of an eye you could rattle off a few names of executives who strongly impact their corporate cultures: Richard Branson, Rupert Murdoch, Jeff Bezos, Meg Whitman. Did you ever see a robust corporate culture policy that did the same?

Well, now you can, and that’s the purpose of this post. Tell me that NetFlix’s corporate culture and policies document doesn’t do an effective job of setting high performance standards and expectations for the company. At best it’s unbelievably motivating and passionate stuff for the PCs, and at worst it makes the Whisps chatter even faster about their imposing leaders. Yet either way it’s a great example of how to define a company’s culture, in this case with specified policy instead of implied example.

Also check out Greg Verdino’s comments on the NetFlix policy, I think he illustrates some key takeaway points for today’s companies that plan to evolve into tomorrow’s leaders. Does your company show the door to non-performers in a moment’s notice? Do your finance and HR teams have simple and easy-to-follow instructions, or long lists of processes and guidelines? Would they ever dismiss tracking vacation days? Do you think this is crazy stuff, or do you think this translates into motivated employees who are passionate about their work and powerful brand ambassadors to customers?

Would you consider these kinds of issues as part of your next career move? Do you have a strong personal brand and social network that employers want to attract? Do you want to work with Rares and Whisps, or the type of talent described in NetFlix’s policy?

While some of NetFlix’s policies may be shockingly different from the norm, I bet they had the desired impact: top performers from far and wide charged ahead and are banging on the NetFlix front door.

7 Things To Do in the Next 7 Days — Part Two

Hopefully you’ve been able to make some progress on the first three to-do’s posted not too long ago. Or, at the very least, you plan to start on them now, then come back to these four after. Anyway, here you go — four more things you need to do for the latter part of the next seven days, for all the reasons discussed here.

4. Open a Twitter account and watch the conversation.
Ok, I know for a fact alot of people think Twitter is just plain crazy. Can’t tell you how many times I’ve heard “I just don’t get it.” However, if you’re anti-Twitter, you’re anti-customer. You’re anti-being-informed. You’re…anti-marketing.

Let me explain. Love it or hate it, customer conversation occurs on Twitter every day. Check that…every minute. And you don’t want to be part of that?

If you’re not on Twitter already, you need to open an account right now, on Day 4. Don’t like the concept? Fine, don’t even participate then, just watch the conversation. You read stuff to stay up-to-speed right? The New York Times or the Wall Street Journal, or now the five blogs you’ve already lined up, per my earlier post. Isn’t a huge group of potential customers talking amonst each other valuable too? So start the account and watch the conversation. Follow hashtags relevant to your business, products or customers, and see what’s being said. There is powerful dialogue going on and powerful sharing of thoughts, gripes, praise and ideas that you need to know about. Here’s a good WSJ tune-up article, and a video below.

You need to do this — what you learn from the dialogue impacts your marketing strategy AND your knowledge of customer needs. Guaranteed.

5. Find information about Google Wave and read it start to finish.
Part of our jobs as marketers goes beyond just using what tool are available today, like Twitter. We need to stay aware of what’s coming next, so we understand what can help us be more effective, help make our messaging more impactful, and get us closer to our customers. Enter Google Wave.

Google Wave is positioned to be a ridiculously cool new communication tool. Incredibly powerful, and alot of promise for empowering web-based conversation on a whole new level between people and among groups. Here’s an excellent article to start with, and another article that’s a preview for developers on the Official Google Blog. Mashable also has a nicely detailed article.

After those, find a few more and read those too. As marketers, when this launches, we need to be ready to use it. It’s customer dialogue on steroids. The world of social media moves at a speed unseen before, and we need to move just as fast. What’s next after Wave, what will be the next cool tool that helps us be more effective? Do your homework and you tell me.

6. Look at your current marketing spend — are you over-invested in a particular area? Fix it.
I’m not a big advocate of change for the sake of change. Yet even though the lion’s share of your customers or sales may come from one place (and by place, I mean channel or medium), you need to fix your budget and strategy if you’re spending too many of your dollars in that one place.

Being over-invested right now likely means you’re sending too much direct mail, running too many print ads, or most importantly sending too much email. You need balance — more than ever, customers have different habits, different preferences. Don’t discount channels until you’ve tested. “It’s always worked the way it is” is not a valid enough reason anymore to avoid trying and testing different channels or different messaging. Mail less, test some creative. Hell, try sending LESS email for a few months that has more relevant messaging. You may be pleasantly surprised.

7. Stop planning “monologue” marketing campaigns and create campaigns based on “dialogue” instead.
My friend Alex Krawchick said this a few weeks back, and it stuck with me. His actual quote was:

I’ve had it. If I see one more “industry thought leader” pontificate about how to “…use Twitter to increase awareness of your business…”, I’m seriously going to lose it. You s are completely missing the point. Twitter (and FB… and LinkedIn) was built as a tool for dialogue. The days of the marketing and advertising ‘monologue’ are over. Move on. Or just shut up already. Either way, smarten up.

I don’t think I need to add to that much. Well said. If you have a Twitter account, blog or other social media endeavor, use it for what it’s meant for, not as a megaphone for a one-sided message.

So there you go. Seven things to do in the next week that can make a great impact. Charge ahead.

Another Letter to Marketing Professors

Dear Business School Marketing Professors–

How are you doing? I haven’t had time to drop you a letter since my last one in April, but I took a good, long look at something today that made me think of you.

Leave it to the guru, Seth Godin, to write another blog post that makes it all clear (you guys might want to consider recruiting him and turning him into the President of Professors). His post is about the textbooks you guys use to educate these kids you send out here. You may want to rethink the whole concept, as he suggests.

I’ll tell you why I agree with his ideas. Re-read the last letter and think about the skills these kids lack when you send them out here. You can’t teach that stuff in a textbook. These kids need real-world skills and perspective, not definitions and false belief that they’re equipped with what it takes to succeed. Seth is right, let Wikipedia have the definitions — their definitions are much deeper and broader than anything in a textbook anyway.

Plus, when do kids ever learn things like people skills with customers, time management and managing expectations from a textbook? I know, I know, you guys do that all the time — but I keep reminding you, you’re academics, you’re j-o-b is to write, read and learn from books and studies and papers. I don’t give out a how-to book to people out here, you’ve gotta figure it out on your own, and quickly. But c’mon, a marketing textbook for a class in 2009 with no mention of Google? How is that in anyone’s best interest? The folks who write your books don’t know about Google yet?

Listen, give Seth a call, invite him to your next conference. Hell, read his latest book, and use that as the textbook in your next class. If nothing else, go Google some information on Google.

Let’s keep working to make sure the kids you send out here charge ahead with the best idea on what it takes to get ahead, create a strong personal brand, and build a career.

I’ll be in touch again soon.

The Real World

Steps to Improve Your Social Network

This may be preaching to the choir, but clearly I am not against that in this blog. You know this.

Marketers are, by and large, good networkers. This is probably due to the fact that, like I said in a recent post, we are in sales as much as we are in marketing. We’re accustomed to seeking and finding customers on an hourly basis, so seeking and finding others like ourselves either comes naturally or comes through experience. And as part of Brand Y-O-U, your personal brand, networking is critically important to the vitality of your career.

Yet for young marketers, those who’ve been in a particular job or field for a long time, those who are not either natural or trained networkers, or those executives who are not in marketing, you need to take a good, long look at your social network and get up-to-speed quickly with the power of social networking. And specifically, building the power of your own social network — the generalities and statistics and cool factor about social networking are great, but the ROI in social networking needs to include some tangible benefits for you and your personal brand, right?

Make no mistake — investing some of your time in establishing a strong social network for yourself is just as important as investing time to understand the social networking tools you use to engage and acquire customers. And it’s important to invest this time when you’re:

At an experienced career level, in the growth stages of your career, or just starting out

In a strong employment position, rather than just when you’re looking for a job

That’s because when you’re out of a job, of course you’re reaching out to people — and it’s perceived that way. You’re out of your comfort zone — and if you’re not a regular networker, you’re viewed as putting on a persona that’s not normally you.

So, now that we’ve got the reasoning for networking out of the way, here’s the whole purpose of this post. A brief list of things you can do to be a marketer with a strong social network:

Build a power profile on LinkedIn — Keep it updated to-the-minute with all your experience, connect to people you work with and know, and ask people to recommend you. Sure, it may be a little cliche now, yet it’s the easiest and first thing to do, and it’s recognized by all. Make your profile a place you can send people to easily learn about your credentials. (Use my profile as a reference)

Read and comment on blogs — You need to read blogs for their valuable perspective and insights, so comment on them to put your thoughts on record, build a search-engine friendly way to find you, and establish your expertise. If you don’t have your own website or blog (which, if you’re considering starting a blog, ask yourself these questions first), link back to your LinkedIn profile.

Reach out to other professionals who are like you — Create relationships with people you can learn from, bounce ideas off of, and share insights with. They may work for your company, your vendors, other companies in your industry, or even your competitors. That’s right — competitors. Fostering a strong social network and empowering a give-and-take of knowledge is more beneficial than erecting barriers that diminish your network’s reach. Find these people on LinkedIn, at industry events, on blogs, on blog comments, on Twitter, on Google, on company websites, and via other colleagues in your social network. Reach out to them with an invitation to share expertise and discuss issues.

Stay in touch with your network — Don’t meet people and then just let the relationships wilt. Stay in touch with your network, where they are, what they do, and more importantly what and who they know. Find relevant reasons to communicate — share ideas, forward data and articles, set up meetings, propose partnerships.

These are the basics. There are other things you can do — start a blog, seek speaking opportunities, and more. If you’re new to being a social networker, start slow. Build a good foundation for your network before you charge ahead into the world of blogging and advanced social media.

You’ve invested the time, money and effort in being a good marketer — don’t let it go to waste because you didn’t invest in your social network and Brand Y-O-U.

The Demands of Social Media

There is a drove of companies flocking to social media right now, especially in B2B media, healthcare, and of course consumer products. There’s no doubting the magic that happens when brands build meaningful relationships with customers via social media.

If you’re among the people taking a good, long look at making the dive into social media, make sure it’s an effort that’s set up to succeed.

I’m proud to say that right now, my ABM Media Marketing committee is putting the final touches on a Web 2.0 best practices whitepaper. It focuses on educating B2B media companies about various social media and Web 2.0 tactics and technologies. In the process of putting this project together, I talked to several leaders in the industry about what’s needed in order to make social media efforts successful. Joe Pulizzi, founder of customer publishing dynamo Junta42, made this all-to-true statement:

B2B media companies now need people who live in social media all day, every day. They need a Chief Conversation Officer who follows online conversations about their brands, monitors Twitter and Google Alerts, and comments on key blogs.

Many don’t realize the effort required to make social media successful — it’s not as simple as creating a Facebook group or creating a blog and seeing the interaction blossom. It’s about living and breathing your industry, through the lens of social media, for hours every day. It’s about becoming part of conversations about your business wherever they happen — on other websites, other blogs, LinkedIn groups, Facebook discussion boards, Google Knol, Twitter, and anywhere else. It’s about being a proactive force all over, not being a passive voice on your own website and expecting people to come to you. It’s about making the interaction with your brands feel personal and real — without marketing copy or the corporate platform. It’s about honest conversation and knowing (and playing by) the established rules and expectations and dealing with opinions that differ from yours. It’s about making a commitment to spend the time required to make it work, and be patient for the amount of time it takes for genuine trust and interaction to build.

Make sure you know the effort required before you charge ahead. Your customers will hold you accountable if you don’t.

What Matters Right Now? (and Other Key Questions)

Have you taken a good, long look lately at your mix of tactics? At your communication frequency? Your investment (time and money) in social media? Do you know what tactics matter most right now to your customers?

Everything in your strategy has to be up for re-election in this economy. If it’s not making the grade, or more importantly, if you can find better ROI elsewhere…throw that tactic out of office!

Social media is becoming more important than ever according to several sources. That has to change things. You have to find your way into more places where customers are sharing and experiencing and passionate. What’s your plan to do that? Is it Facebook, LinkedIn, or somewhere more niche? Is social media an acquisition tactic for you, or an experiment? Is it authentic and customer-driven, or are you turning users off with brand messages?

There’s also word that email marketing will increase. Really? How is that a good thing? Isn’t it enough right now? I’m not sure how more email could be good in any way — despite its offer of lower costs for tighter budgets. I know I’m not increasing my email no matter what, but I will be increasing the relevance of my messaging, that’s for sure. I’m going to let my competition email more, annoy people, and get opted out. And my less frequent, more relevant emails will be the last man standing, showing up at the right time in a pristine inbox (sounds like a fairy tale, no?). Same for my keywords — I’m gonna drill down, find those long tail keywords that provide return, and fine-tune my strategy on Google and other search engines.

Working on a great whitepaper on Web 2.0 for B2B media companies. Stay tuned for that next week.

The Mall — Revisited

A short time ago I wrote a post that talked about the evolution of event marketing venues and the impact that alternative venues have had on the mainstay event venue of the last several decades, the American mall.

Well, the New York Times has an insightful article that also takes a good, long look at the evolving way consumers frequent the mall. It’s part microscope into the consumer’s mind, part reality check for the status of the mall in the consumer shopping hierarchy, and part hope for marketers.

The hope lies in the opportunity that the challenging economy (recession, if you will) presents for marketers. As the article notes:

We are reliably informed that whatever part of the economic crisis can’t be pinned on Wall Street — or on mortgage-related financial insanity — can be pinned on consumers who overspent. But personal consumption amounts to some 70 percent of the American economy. So if we don’t spend, we don’t recover. Fiscal health isn’t possible until money is again sloshing into cash registers, including those at this mall and every other retailer.

In other words, shopping was part of the problem and now it’s part of the cure. And once we’re cured, economists report, we really need to learn how to save, which suggests that we will need to quit shopping again.

What that means is that old cliche — that true market leaders keep marketing through the downtimes so that they emerge stronger than ever when good times come back — is true. Times may be tough, but if you have customers — more importantly, if you want more customers in the future — you can’t go dark right now. Improve and fine-tune your brand and value proposition, ratchet up your customer service, look deeply at your ROI and spend on what works, get up-to-speed with SEO and Google and other channels you’re currently not in, focus your message on key benefits most important to your customers — just make sure you have a message out there. Be consistent, be seen, be reliable and flexible and accomodating to your customers.

Because good times will charge ahead again at some point, and if you stay strong now you’ll be even stronger then.

Further Update on Targeting AdWords to Mobile Devices

Just a brief mention that Search Insider has an insightful post on the benefits of AdWords targeting to mobile devices. It elucidates some of the differences between iPhone and G1 and underscores the main points that a) the number of mobile devices is only going to grow; and b) it includes other devices, now and future, beyond the pillars we typically think of (iPhone, G1, Storm). Enjoy.

Google Continues to Connect Marketers with Customers

A terrible economy is a great time to make life easier for marketers.

Enter Google yet again. On Monday the giant announced an option that lets AdWords users target ads to mobile devices with full-HTML browsers like the iPhone and G1.

You can even target campaigns specificially to mobile device owners. And not only is Google investing time on the front end to customize results pages for the iPhone, they’re also providing broken-out performance reporting on the back end so you can take a good, long look at ROI for your mobile ads. That’s a good thing, given that impactful statistics are yet to surface on how users interact with AdWords results on mobile devices. Although one study says upward of 50 percent of iPhone users conduct searches on their devices.

There’s some Web debate over the mobile ads driving users to desktop landing pages, instead of mobile-optimized ones. And there is valid concern over that. At the same time, enabling non-mobile-savvy marketers to charge ahead into mobile search — without becoming savvy at mobile optimization of landing pages overnight — is a good thing, especially in this economy when all businesses are dying for customers. Not to mention channel-specific reporting, so evaluating ROI on mobile search is easy to do.

An Interesting Option From YouTube (Yet Probably Thought of by Google)

We knew it was only a matter of time before the advertiser-friendly wisdom of Google seeped deep into the business model at YouTube.

Well, that time has come. YouTube is selling video ads against its search volume. For YouTube, it’s another effort to monetize its search volume and sizeable user base — they’ve also done a few other things recently with the same purpose. It’s a play for the paid search dollars we’re all pouring more of our budgets into right now.

Sponsored video ads appear at the top of search results

For marketers, it could be an opportunity to stand out amongst a tech-savvy, diverse audience. And the concept works, feels and sounds very similar to another language we all currently understand: AdWords.

What? You don’t understand AdWords you say? I don’t believe you. Every marketer worth their salt understands how paid search works, and AdWords is the biggest kid on the paid search block.

(If you read that last paragraph and it sounds like a conversation that you could seriously be a part of, then type in http://www.google.com and go take a good, long look at AdWords right now.)

More Reasons to Hone Your SEM Skills

Take a good, long look at David Carr’s article in New York Times about the continued decline of traditional media companies.

Companies from the Christian Science Monitor to the Los Angeles Times to the Tribune Company are hemmorrhaging people, dollars and advertisers. Of course, the reason is the shift of both consumers and ad dollars online.

The paradox of all these announcements is that newspapers and magazines do not have an audience problem — newspaper Web sites are a vital source of news, and growing — but they do have a consumer problem.
Stop and think about where you are reading this column. If you are one of the million or so people who are reading it in a newspaper that landed on your doorstop or that you picked up at the corner, you are in the minority. This same information is available to many more millions on this paper’s Web site, in RSS feeds, on hand-held devices, linked and summarized all over the Web.

This article, from an old media bastion like New York Times (itself losing staff due to declines), should be the only cue you need to hone up on whatever traditional online tactics, Web 2.0 technologies, mobile targeting capabilities, new Google products, and social media strategies you aren’t comfortable with right now. The shift is only growing stronger, as you know, yet when these slow-movers really focus on the online space the pace of consumer shift will pickup rapidly.

Will you be ahead of the game? Then now is the time to move.