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CEO

Who writes ViralHousingFix?

by drm on July 6, 2010

I do.

The first time I got this question, I was surprised and took a second to answer.

Of course I write it, I thought. My name is on it.

When I asked people why they asked, they said that they loved the blog, but figured that I had other people writing under my direction. I was a CEO, after all.

The question prompted two thoughts.

First, we all have different styles of thinking and communicating. I write, so when I hit on something that I’m interested or puzzled about, my inclination is to try to get it down on paper and see whether it makes sense. I can go through my old files and find documents that I have written at different key moments in my career that laid out what I was seeing and how it sorted out.

This blog simply offers a platform to share some of those things. I write it because that’s what I do…write.

The second thought stems from that last point: a lot of people have things to say, but they aren’t people who write. There’s nothing wrong with that; we all have our different styles.

Those people who have things to say but aren’t people who write shouldn’t be left out of the power of using content and social media to communicate. And, people don’t expect them to be left out. When people asked me whether I wrote this blog or not, the question wasn’t pejorative. They don’t expect CEO’s to write, but they do expect them to have something to say.

Two years ago, when I began seriously exploring how businesses were using social media tools to market, I was struck by this basic inequity: the benefits of social media accrued to the people who could write, not necessarily the people who were the best at doing the work of their business. People who were facile with content and technology could stamp out daunting digital footprints, taking mindshare and traffic away from other, potentially more expert and more deserving businesses.

This was the problem we decided to try to solve when we launched the DigitalSherpa line of services: Can you make content marketing using social media tools accessible to local businesses? The purpose was to help level the playing field, to give people who had something to say but lacked the skills to say it a toolkit.

We’ve had some success and are learning along the way. I’m constantly struck, though, by people who look at businesses and say, If you don’t do social media yourself, then you’re not doing it the right way. That statement has an elitist and exclusive air. The real question that all of us should be trying to contribute solutions to is how to make the power of social media marketing available to any business, regardless of how good they are at writing and interacting and sharing.

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In the 455 posts since I launched ViralHousingFix on January 4, 2009, there hasn’t been a longer gap than the one between Post 454 and this post, number 455:  11 days.

The workbook I use for my professional notes is chock full from the past two weeks, and the program I store interesting snippets in has a long backlog, but there haven’t been any posts.

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Being busy with a lot of exciting developments at NCI is part of the explanation.  Getting engaged in a personal writing project is another.  But there are a couple of other reasons for the fallow spell that I think might be interesting to those of you who follow this blog regularly.

The first is that I’ve stepped back for a bit to see how things are going to turn out.  Over the past 16 months, I’ve written and shared a lot of analysis of the economy and the housing market.  The two big questions were exactly what the composition of the recession was and what the beginning of the recovery would look like.

Right now, we’re in the recovery and it’s a choppy and uncertain time.  The macro trends have been positive, as a fairly random selection of charts picked from the blog Carpe Diem shows.  Our business at NCI is hyper-local and consumer-driven, and our experience is showing us that while the recovery has settled people’s nerves, it is neither expansive or extended enough to dramatically shift consumer sentiment to the degree that households are getting reformed and the consumer’s near term outlook is upbeat.

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That sense of stasis has diminished my urgency to write about economic trends.  I don’t feel like there’s anyway to really project when consumers are going to have a baseline change in outlook.  It’s going to happen.  When it happens we’ll be happy about it, and a little surprised that we didn’t see it happening at the outset.

In a New York Times column, Jack Stack, CEO of SRC Holdings, Inc., summed up the current zeitgeist:

The funny thing is that despite their recent success, most of these folks seem reluctant to acknowledge that things have gotten better. Why? Well, I have two theories about that: one, people feel so burned by the last few years that they still fear a double dip — and they’re still waiting for another shoe to drop.

I think that’s a pretty good characterization.

A second reason for the dry spell on the blog is that I’ve been digging in on the learnings that we’ve developed around our DigitalSherpa social media marketing service over the past year.  It’s been pretty rich and exciting, and part of an overall organization audit and assessment that we’re doing across the service.

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I haven’t written about the things I’ve learned because there’s a lot to synthesize:  the outcomes and experiences of more than 1000 client engagements.  We’ve essentially got thousands and thousands of proof points around the power of content marketing on social platforms, the relative value of different types of engagement, and the impact that a consistent content marketing plan has on search traffic and referrals.

Some of the facts are fun for their sheer scale.  For instance, we’ve generated more than 1 million social interactions for our clients in the multi-family space since launching CommunitySherpa last summer.  Some of the facts are engaging for their business impact:  one client has been able to cut more than $200,000 of search marketing spend because of the impact of the content marketing program that we’ve executed.  (That $200,000+ savings is net of the cost of the program, by the way.)

When you man a blog single-handedly, you’re going to experience ebbs and flows.  What you were writing about isn’t always what you are going to be writing about, and when you get to a juncture where you see a new avenue to explore, sometimes you just need to set back and sift through facts for a while.

The last three weeks have been partly busy and partly sifting time.  Thanks for your patience.  The one thing that has really impressed me is how strong the traffic to the blog has stayed.  That’s because of the way that all of you have used the content — the sharing, the commenting and the reading.  I appreciate it.

 

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Marketers are ready to adapt their processes to content strategy, but the change will be stark

March 30, 2010

Edward Boches of Creativity Unbound asked some influential folks who went to SxSW what was their one big takeaway from the conference.
Kristina Halverson, CEO of Brain Traffic spoke to the readiness on the client side to make process changes that will enable content marketing strategies.
“My takeaway? Clients are ready to coordinate their currently siloed interactive [...]

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Good reads for Feb 1, 2010

February 1, 2010

So, you ask yourself, is the entire world of social networking focused in Facebook. No, it isn’t. Here’s a good essay from the CEO of myYearbook that lays out a way to think about building a private social network in a Facebook-dominated world. (via PaidContent)
David Carr of The New York Times suggests [...]

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The rental industry continues its downturn, driven by a weak labor market, new reports show

January 7, 2010

If you’re in the multi-family industry and are looking for some signs of hope, today’s release from REIS Inc. wasn’t very helpful.
Reuters reported on REIS’s newest look at market conditions:
The U.S. apartment vacancy rate rose to an almost 30-year high of 8 percent in the fourth quarter, and rents dropped in the biggest one-year slump [...]

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Some highlights from Move.com’s earnings call

August 6, 2009

Move.com is the 10,000 pound gorilla in the real estate internet market, and the long-time player has been making a number of changes under the leadership of new CEO Steve Berkowitz. The company’s quarterly earnings call is a good opportunity to check in with the direction of their strategy and to assess the potential [...]

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Challenge the status quo & strip everything to its essentials: Pithy lessons from a great entrepreneur

May 31, 2009

Simple and potent guidance from a great entrepreneur: Yves Chouinard

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