Sunday, November 13, 2016

Your Blog is Like Your 401(k)


Trust is built with consistency.
— Lincoln Chafee

Trend-watching corporate blogs like The Allstate Blog, GE Reports and CMO.com can lure you into mistaking your own blog for a newspaper.

But it's more like one of those ancient People magazines in mom's bathroom. Sure, the articles may be dated, but they're still worth your time.

More accurately, a corporate blog is like a 401(k). Each post is like a dollar invested. And regular posting is like the familiar investment strategy called dollar-cost averaging.

When you dollar-cost average, you stash a fixed dollar amount in your 401(k) every month. That money buys you shares at the then-current prices. When share prices decline, the money buys more of them; when prices increase, it buys fewer. But things average out—and you never need worry about "buying low and selling high." You end up with a ton of equity.

Key to dollar-cost averaging is consistency—your pledge to invest on a regular basis. You should make that same pledge to blogging. Publish consistentlyDon't worry about "timing the market." In time, things will average out. And you'll earn a ton of trust.

Saturday, November 12, 2016

The Marketing of Tomorrow


What's ahead for marketing tomorrow?


Writing for Forbes.com, Kimberly Whitler, a professor at the University of Virginia, asked CMOs for their predictions. 

She discovered:
  • "B2B influencer marketing" will become all the rage. CMOs will turn to popular business authors, speakers, podcasters, and executives with large followings and pay them to hawk their products.
  • CMOs will also begin to rely more on employees to spread brand messages through social, knowing they can speak more effectively than ads. And, because buyers hang out on many social platforms, CMOs will begin to think "multichannel first."
  • B2B CMOs will embrace "account-based marketing," but not without a struggle, because it's hard to influence every decision-maker on every buying committee. To that end, CMOs will begin to use a "recommendation engine" like the one used by Netflix.
  • Design will become the key brand differentiator, because big data is now just a "commodity." And educational content will become king. Unfortunately, CMOs will produce too much of it for buyers to absorb.
  • CMOs will quit focusing on new martech (although thousands of new martech products will flood the marketplace). CMOs will focus instead on cybersecurity. They're spending up to 25% of their budgets on social, and have made their companies targets for cybercriminals.
  • 30% of CMOs will be fired next year, because they lack the ability to drive results. Polish that resume!

Good Things


Good things, when short, are twice as good.
                                                           
— Baltasar Gracián, The Art of Worldly Wisdom

The Jesuits taught me, if you use a lot of words to express a thought, you're not thinking very hard.

Or you're covering your ass.

As Polonius said, "Brevity is the soul of wit."

As Dorothy Parker said, "Brevity is the soul of lingerie."

Friday, November 11, 2016

Digital Natives: Getting Restless?


Evidence to the contrary, Millennials and Gen Zers want to communicate face-to-face, according to new survey findings from Randstat.

At least 4 of 10 do.

The company asked 4,066 of these digital natives to identify the most effective way to communicate.

Face-to-face took the top spot (39%).

Face-to-face was trailed by e-mail (16%), phone (11%), instant messaging (10%), text messaging (7%), social media (7%), videoconference (6%), and online portals (4%).

Lamentably, 6 of 10 Millennials and Gen Zers prefer tech to communicate.

"It comes as no surprise that technology is one of the biggest driving factors enabling collaboration today," the report states.

"However, while social and collaborative tools are intrinsically part of the picture, the study drives home the critical need for in-person communication and cooperation as a fundamental aspect for our youngest generations."

Wednesday, November 9, 2016

Sunday Will Never be the Same

Sunday is the best day to publish a blog post, says martech provider TrackMaven.

The firm analyzed over 65,000 business blog posts published between September 2015 and August 2016.

Its new report, How to Build a Better Blog Than Your Competitors, claims Sunday is the prime day to publish. 

TrackMaven also says 3 pm Eastern Time is the best hour to publish.

We've long known blogging pays off. Marketers who blog get 67% more leads than marketers who don’t, according to Hubspot.

We now know blogging on Sunday does, too.

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