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Talking About Blogging at Rainier Club Tuesday Night

by Steve Broback | May 12th, 2008

I’ve been asked to talk about blogging and how it relates to business at the Rainier Club in Seattle on May 12, if you’re a member and plan on attending. Let me know what questions you have ahead of time and I’ll tailor my presentation. Steve [at] blogbusinesssumit [dot] com

A New Way to Measure Blog Influence: Search Term Alignment

by Steve Broback | May 5th, 2008

Hey PR people! Want to get bloggers to write about you or your products? Please, please, for all concerned — tear up your Technorati Top 100 list and start over. For most companies, 99 percent of overtures made to the “A” list bloggers will at best be ignored, and at worst could result in negative coverage.

We believe the best bet is to find approachable bloggers with the right topical alignment. The nice thing is that if you are topically aligned to a significant degree, even a relatively popular blogger can find your message of interest.

The key thing is to create a win-win scenario where the blogger being approached is actually glad to hear from you, and you know that if they write about you, someone will actually read it. We think a good way to do this is to find bloggers who are writing about things your customers are interested in, and have aligned posts that are prominent in search.

The main thing to recognize is that significant and growing numbers of shoppers begin their buying process in a search engine. Anyone with a retail site can attest to the fact that their server logs show the bulk of their traffic is coming from search. Blog posts are featured prominently in results your customers are finding, and these are the bloggers to engage. Robert Scoble wrote recently that despite Twitter and Facebook it’s still “a Google world” and we couldn’t agree more.

Here’s an example of how search term analysis can provide a numerical index of alignment with a company.

Let’s look at two bloggers that are not on the Technorati 100 and how they align with two very different companies.

Let’s start with Jeremiah Owyang. He wrote a bit about influence today. Buzzlogic, a company perhaps using the old-world(?) “inbound-links-as-power” metaphor was profiled.

Jeremiah places highly (in the top 20) in Google for 7,900 unique search terms. The top 10 individual words used are: media, marketing, web, social, myspace, strategy, community, facebook, companies, and corporate.

Thomas Hawk places highly with 8,200 terms, the top ten being: camera, media, digital, windows, player, mce, store, center, connection, photo, and slr.

Do these blogs overlap at all? A little. They share 8 popular search terms between them:

movie theatre industry
what’s in your camera bag
whats in your camera bag
delicious social network
delicious social networking
apple store hours palo alto
apple store palo alto hours
palo alto apple store hours

That’s an alignment of about .1 percent.

Let’s look at a couple vendors who are buying Adwords search terms.

Awareness Networks provides social networks to the enterprise. They’ve purchased 1,270 search terms. How many align with Thomas Hawk’s organic keywords? Zero. How many align with Jeremiah? 64. That’s an alignment of 5.04% Here those terms are:

jeremiah owyang
social media measurement
social network application
social media companies
social media strategies
social networking apps
social network apps
jeremiah owyang
social media measurement
social network platforms
personal social networking application
social media policies
social media software
social networking platforms
social media policy
social networking applications
social media syndication
social media blog
new social media
white label social media
white label social media
social media impacts
social network solution
social platforms
network site social web
social media impacts
online community web
social network applications
blog community software
social media music
social networking application
social media network facebook
social media optimization services
social media website design
social network template
social media strategies
social media website design
social media list
social networking site building
best online community
social media 2007 chicago
social networking solutions
best online community
social network web
social networking solution
new social media
online community management
social media network facebook
enterprise social networking companies
social media optimization
online social networking industry
web community software
social media statistics
social networking companies
build social network site
largest social networking website on the internet
social media policy
online community manager
build social networking site
social media bio
social media companies
social network tool
social network site list
offer social media consulting services through

Digital SLR Guide teaches consumers how to buy and use digital SLR cameras. They’ve bought 708 search terms. How many align with Jeremiah? Zero. How many align with Thomas Hawk? 50. That’s an alignment of 7.06%. Here are the overlapping terms:

slr lens advice
slr what is
using a digital slr
using digital slr
how to use a digital slr
how to use a digital slr camera
photography digital slr
dslr photography
buying digital slr
digital photography slr
digital slr new
digital slr tips
how to buy a digital slr
how to use digital slr
digital slr to buy
what is slr
beginners digital slr
what digital slr
learn digital slr
digital slr photo
what dslr
learning to use a digital slr
learn digital slr photography
what digital slr to buy
digital slr advice
digital slr photography basics
what dslr camera
what is slr photography
how do digital slr cameras work
buy digital slr online
how to buy a dslr
buy a digital slr
what dslr to buy
using a digital slr camera
using a dslr
using digital slr camera
using digital slr cameras
camera digital slr use
basic digital slr photography
what digital slr should i buy
what is an slr
digital slr best buys
digital slr camera classes
digital slr camera basics
digital slr camera courses
digital slr camera tips
digital slr what to buy
which digital slr to buy
which dslr to buy
which dslr should i buy
online social networking industry
web community software
social media statistics
social networking companies
build social network site
largest social networking website on the internet
social media policy
online community manager
build social networking site
social media bio
social media companies
social network tool
social network site list
offer social media consulting services through

Our sense is that the terms we see here are compelling, and that alignment numbers (purchased terms/blogger organic terms) indicates both strength of “influence” (highly ranked organic terms) and topicality (shared terms).

We’re now starting to use search term analysis in an organized way to both measure influence and to do the needed “matchmaking” between clients and bloggers. Eager to hear what readers think.

Cory Doctorow’s experiment in DRM-free business

by Jason Preston | May 5th, 2008

It’s abundantly clear by now that the internet is a double-edged sword for business ventures: On on the one hand, the rapid dissemination of information and content can lead to mass market exposure with the lowest cost-benefit ratio in the history of mankind.

On the other hand, this very same process can often take a gigantic chunk of the “benefit” by effectively killing a business’s ability to monetize that same content.

I saw today on Chris Pirillo’s blog that Cory is releasing a new audiobook completely DRM free AND with a generous license to re-hash the content (up to 30 minutes can be redistributed wherever). This is from the e-mail Cory sent to Pirillo:

The audio book comes with the author’s sampling license: once you own it, you’re free to take up to 30 minutes’ worth of material from it and remix and then redistribute it as much as you like, provided that you do so on a noncommercial basis, make sure that it’s clear that this is a remix and not the original, and make sure that you tell people where to find the original. This is in addition to all the fair use remixing that you’re allowed to do.

Anybody who embraces DRM-free internet distribution with a paid product is undoubtedly forfeiting a good chunk of potential revenue.

In the future I think that the “widgetization” of content will allow businesses to monetize their content via ads regardless of where it goes. But for now, when is the right time to let your product go? Should you risk the lost revenue for the possible gain in exposure?

I’d be really interested to see some data on this. Finding and downloading content of all kinds—music, movies, audiobooks, etc—is so easy already that the amount of revenue captured by DRM has got be relatively minor. For the most part, people who will steal the book will steal the book regardless of whether it is a DRM release.

Given that assumption, I’d say it’s almost always the right decision to release content without DRM. Enabling open sharing will help drive the technology to monetize it using some new model. What do you think?

Andy Beal Interview: More Detail About Blog Monitoring with Trackur

by Steve Broback | April 29th, 2008

I had a chance to interview Web marketing guru Andy Beal recently about Trackur, his new blog/press monitoring service. Since we had recently unveiled our own sentiment tracking system, I was intrigued by what appears to be a complimentary offering.

I tried to get Andy to reveal a little of what goes on behind the technological curtain, but understandably he was a bit reserved about detailing trade secrets.

Note the final paragraph. This is where Andy really aligned with our thinking regarding sentiment tracking. As Alan Wilensky says, sentiment is the weakest of CGM metrics.

I’d be eager to hear from any clients how the service is helping them in their brand monitoring efforts. The current buzz has been quite positive.

Here is the interview in it’s entirety:

Steve Broback: Many companies have “rolled their own” monitoring systems by aggregating custom search feeds from multiple sources. Other than the time it takes to create these searches, the challenge is that duplicate content, old content, and spam (splogs!) need to continually be weeded out. Is Trackur intended to be the alternative to this largely manual process?

Andy Beal: Absolutely! We built Trackur because creating custom search feeds was too time consuming and we couldn’t get the filtering and reporting options we needed. With Trackur, you enter your keyword one time and then let Trackur automatically monitor the different types of social media for you. You can filter out unwanted items, sort the results, email to co-workers and subscribe via RSS or email updates. You can’t do any of that when you manually monitor your reputation.

Steve Broback: Are we correct in assuming that Trackur taps into multiple existing search engines and then de-dupes and de-spams the results?

Andy Beal: Trackur does a great job of filtering out the noise and focusing on the signal–the content that matters most to your reputation. It doesn’t remove all duplication and actually, you probably don’t want to remove it all. A post might show up in Technorati one week, then again on Digg.com the next–if you removed the duplicates, you’d miss this reoccurrence.

Steve Broback: What search engines are you leveraging?

Andy Beal: Trackur pulls from a wide selection of content. It’s not really a search engine, more of a reputation aggregator. We don’t provide a complete list of sources, but we do include some unique content such as Flickr, YouTube, and Digg.

Steve Broback: Have you created your own crawler of any kind, or is it exclusively tapping into existing indexing services?

Andy Beal: We didn’t set out to make Trackur a web crawler. It’s a reputation monitoring and aggregation tool. It’s power comes from bringing a wide range of web content together in a central database, then giving you powerful tools to manage the data.

Steve Broback: Google has been working this problem for years without much luck — how good is Trackur at removing splogs from results?

Andy Beal: Removing splogs from search engine results is extremely tough, so we’ll leave that to Google’s immense resources. Instead, Trackur focuses on providing clients with the tools they need to pinpoint conversations which include their reputation. If a Trackur client finds a splog showing up, they can add a filter to remove it from any future results.

Steve Broback: How do you avoid filtering out relevant content?

Andy Beal: We advise Trackur users to start off with the broadest of searches. For example, if you are Apple, start by monitoring “Apple” and see what’s tracked. If you find too many irrelevant results–or simply want to be more refined with your monitoring–you can add filters to focus on a particular word (such as “iPhone”) or remove the unnecessary results.

Steve Broback: How do you insure that old posts don’t re-emerge in search results?

Andy Beal: Actually, we don’t believe it’s a smart practice to say, “never show me this result again” when it comes to reputation monitoring. If a blog post attacks your reputation, you need to know if it keeps resurfacing–that would suggest that the post is being revisited or discussed by others.

Steve Broback: Have you applied for any patents specific to Trackur?

Andy Beal: Not at this time. There are processes we could patent, but we’re not finished enhancing Trackur’s technology, so we’ll probably wait until we’ve added new features, before applying for a patent.

Steve Broback: Shane Atchison says sentiment is the “next great analytics frontier”, and we’ve been focused on that metric of late. Are there any plans to integrate sentiment tagging into Trackur results?

Andy Beal: Sentiment analysis is definitely something we exploring with Trackur. The biggest problem is that it’s virtually impossible to accurately ascertain the sentiment of web content using an algorithm. Apart from the need for human interpretation as to what is positive or negative, technology gets confused by statements such as “Apple Mac’s are wicked bad!”

Miller Beer Blog Terrorizes Rivals: Another Reason Your Company is Insane if They Aren’t Blogging

by Steve Broback | April 23rd, 2008

I wrote a post a year ago about how the fear of blogging had been replaced by the fear of not blogging. Boy, was I wrong about this being the case on a national level. A few months later I discovered that (at least for businesses in and around Chicago…) most of the dozens of directors of marketing I spoke to were still terrified or completely apathetic about the idea of blogging. Almost zero had any interest in our conference we built significantly for them. We had to cancel an event that in San Francisco drew 300 rabid attendees.

I’ve noticed that there’s barely a startup in Silicon Valley that doesn’t have a company blog. I dare you — find me a company that’s announced a round of funding that doesn’t have a blog. Okay, maybe a few don’t, but for every one that’s not blogging there are at least ten that are.

Now I read in the Wall Street Journal about how in the heartland of America, Miller Brewing Co. has created a very successful blog whose intent is primarily to needle their rival Anheuser-Busch:


The corporate marketing battlefield has long been strewn with pithy digs in ads and selective news leaks about others’ business woes. But it’s unusual for a company to go to the trouble of creating its own media arm to grind out news on the competition. While the site lets Miller tweak its famously tight-lipped rival, it also gives the company a platform to take a first crack at spinning industry news.

“They are trying to aggressively go around the gatekeepers” in newsrooms and the trade press, says Stephen Quigley, an associate professor of public relations at Boston University. “It’s something you couldn’t do five years ago,” before the proliferation of blogs.

The article doesn’t say if Anheuser-Busch is responding with their own blog, but the implication is that they’re largely in denial:


Anheuser declined to answer specific questions about Brew Blog or make an executive available for an interview. It wouldn’t say whether it considers the site a concern. “Our focus is on our consumers and delivering great brands,” Dave Peacock, Anheuser’s vice president of marketing, said in a statement.

Hey big companies: If this whole “transparency” thing is still terrifying to you, wait until competitor blogs are launching assaults on you and you have no defense. Hey wait, maybe your competitors will let you comment on theirs!

More Proof That Blog Sentiment Mining is Big Business

by Steve Broback | April 22nd, 2008

Buzz Bruggeman sent me this info a few days ago. Collective Intellect has closed another round of financing this time worth $6.6M. Their total take so far is $11.2M. The bulk of the services they provide are social media tracking and sentiment analysis.

An interesting note from this article is that it appears their initial foray into sentiment analysis was to provide investor-related analysis services to Wall Street. That idea seems to have been eclipsed by the idea of doing brand monitoring.

Despite the fact that this arena is viewed as a highly attractive one to investors, we have purposely eschewed the notion of pursuing VC funding for Sentimine. It seems to us that the pressure to monetize quickly/prematurely and the risk of commoditization of sentiment puts those with a high level of capitalization in a less competitive position.

I often joke that we need to do a press release touting how we’ve secured $147.50 in our third round of financing for our service.

Jake McKee on Sentiment: Confirms What Shane Atchison Predicted Over a Year Ago

by Steve Broback | April 21st, 2008

Monitoring blogger sentiment is critical to journalists according to a report cited by JakeMcKee today. Seems like Sentimine, our new platform for aggregating and tracking blogger sentiment may have a role beyond brand monitoring. It might also serve as a useful tool to serve journalistic endeavors.

I’ve been reading Actionable Web Analytics: Using Data to Make Smarter Business Decisions by Shane Atchison and Jason Burby. Shane (co-founder of ZAAZ) wrote a post for ClickZ back in March of 2007 claiming that sentiment is the “next great analytics frontier.” Seems to me that if companies and now journalists are tracking blogger sentiment, we may be onto something…

Out of post ideas? Write about the same thing again

by Jason Preston | April 21st, 2008

I know a lot of people who are reluctant to start blogging because they feel like they’ll have a hard time coming up with stuff to blog about. And they’re right that coming up with the right stuff to blog about is one of the more daunting tasks you face if you’re aiming to blog regularly.

The first great solution, which I recommend, you can find at Copyblogger here.

Fortunately, there’s a loophole for this problem. You can write about the same stuff more than once.

It turns out that repetition is a great tool for teaching and persuasion. If you’re trying to get an idea through people’s heads, it’s actually a good strategy to approach the issue for four hundred different angles. I can’t count the number of times that we’ve blogged about how a blog should be your business homepage.

The point is this: repetition is a teaching strategy. As long as you’re not simply re-posting something you wrote before, re-hashing the same subject is fair game.

Two easy ways to automate blog content

by Jason Preston | April 16th, 2008

I know that blogging can often take more time than you expect. I sat down to write this post half an hour ago, and I’m just now starting to type. Who knows what time it will be when I’m actually done writing it.

Unfortunately, successful blogging often requires a commitment to consistency that can seem daunting. Fear not - there are strategies for rolling activities that you do on a daily basis into good, useful blog posts with a minimum of effort.

Del.icio.us

If you use del.cio.us to tag interesting posts or pages on the ‘net, you can also use it to automatically generate a digest post at the end of each day.

You can find instructions on how to set up your blog by plugging your username into the following URL:

https://secure.del.icio.us/settings/USERNAME/blogging/posting

As long as you bookmark at least one item with del.icio.us each day, you’re guaranteed to have a post on your blog. Even better, if you’re bookmarking interesting things (and why wouldn’t you be?), you’ll be giving your readers a great set of recommendations.

Twitter

If you’re not on Twitter, you should be. It’s the new Facebook.

Twitter’s API is awesome, flexible, and completely malleable. It also gave birth to Twitter Tools, which is an awesome plugin for anyone using WordPress (and why wouldn’t you be?) that lets you import a digest of the day’s tweets.

So unless you go a day without tweeting OR tagging anything in del.icio.us, that makes two posts a day without even opening your posting window.

How do we maintain the tools we build?

by Jason Preston | April 10th, 2008

A side effect of having a plethora of cool web services built by VC-backed entrepreneurs is that they all need to find an exit.

In recent times, that’s meant that companies get acquired as opposed to IPOs.

Check out Fred Wilson’s blog post today on finding new exit strategies.

I think it’s a good point that these services tend to languish under the ownership of large companies. It would be cool to find a new way to maintain high levels of innovation and still give investors and entrepreneurs the incentives to keep building them.

Build a Facebook Application as Part of Your Search Engine Optimization Effort

by Teresa Valdez Klein | April 7th, 2008

Everyone knows that Web 2.0 technologies have permanently shaken up the practice of Search Engine Optimization. But when people discuss the confluence of Web 2.0 and SEO, they’re usually talking about blogging. After all, we all know that search engines love blogs because they’re dynamic, link to each other frequently and have well-structured code. Blogs usually beat metatagging and link exchanges on a static website.

But what about Facebook applications? Until recently, search engines weren’t indexing them. But according to Justin Smith of Inside Facebook:

Facebook recently enabled developers to serve XML sitemaps off the apps.facebook.com. Sitemaps are used by webmasters to notify search engines of updates to pages and page structure, and generally are a worthwhile exercise in any SEO strategy. Since apps are served from apps.facebook.com, developers get to ride on the back of Facebook’s PageRank - potentially a big leg up on regular web apps.

As of this writing, the domain www.facebook.com has a Google PageRank of 8. It’s entirely possible that a well-optimized application page could be indexed by Google as being more relevant than a company’s own website. An inbound link from an application page could also make your site more relevant.

If you’re attempting to make the case for developing a Facebook applicatio to reach your audience, don’t forget to mention the SEO benefit to your boss.

How Monitoring the Blogosphere Buzz Could Make You Money

by Steve Broback | April 4th, 2008

I’ve put in many hours this past week surfing for posts, articles, and papers covering the sentiment analysis space. We’re preparing to give several presentations focusing on Sentimine, our sentiment analysis service, so I’m assimilating the latest info.

One of the more interesting pages just landed in my browser.

A paper by Veljko Fotak, a doctoral student at the University of Oklahoma’s Price College of Business, shows a correlation between blog stock recommendations and equity prices. This implies that closely following financial bloggers who are bullish (or bearish) on specific equities may give investors an edge.

We are currently steering Sentimine toward brand monitoring uses at this point, but the financial applications may be a logical move down the road.

Make good first impressions by paying attention to details

by Jason Preston | April 4th, 2008

Seth Godin, as he so frequently does, has put his finger on a really important concept: the details make the difference.

The facts:
Too many choices.
Too little time.

The response:
Quick decisions based on the smallest scraps of data.

It’s amazing how the little things make such a big impact on our decisions. When a reader first lands on your site, they are going to see a lot of things that help them fit it into some kind of category.

For me, sites fall into one of these groupings:

  1. Personal Blogs
  2. Media Blogs
  3. Company Blogs
  4. News Sites
  5. Forums
  6. Services/Social Utilities
  7. Not interested

And you’d be surprised at how quickly I decide which category a new site falls into its place.

Google ads at the top of the page? Media blog.

Forums are easy.

Custom banner image? Personal blog.

Content not obvious/above the fold? Not interested.

When you’re building your blog, pay attention to the grammar that you’re using. Make sure your site advertises itself as what it is. That will help you gather the right audience.

Battelle: Independent media brands are the future of the Web

by Jason Preston | April 2nd, 2008

This big long post on Searchblog requires some chewing. I’m going to take my first bite in public.

If I were to take what Battelle is saying and massively simplify it, it would looks something like this:

Consumer brands love to advertise around media brands that generate a lot of enthusiasm and dedication from their readers. Combine this with the fact that the print advertising industry is extremely mature (there is a formula in place that more or less works), and you realize why magazines can charge a crapload for a full page spread.

And the online equivalent of those magazines are…drumroll please…blogs! Or, in many cases, media sites built on blogging technology and an ethos that more readily matches the blogger than the mainstream media outlet.

The trick to print advertising, it seems, is that it exists in a format that has a lot better chance of connecting with the reader than advertising online. And Battelle rightly reminds us that online media is still extremely young, and we’re likely to see plenty of permutations of business models in the next few years that we haven’t even thought of yet.

If Battelle is correct in predicting the rise of online media brands, and I think he probably is, then there are going to be a lot of opportunities in this space going forward. What I want to know is how much “old media” brands will catch on and run with it, and how much of the space is going to go to newer, different media outlets like BoingBoing.

Reason #856,003 Why Suing Bloggers is Not a Good Idea

by Teresa Valdez Klein | April 1st, 2008

Infamous celebublogger Perez Hilton posted yesterday on his blog that there’s a reason why he hasn’t written about Leona Lewis — one of his favorite artists — in a while.

It’s because he’s being sued by her label, Sony BMG and its subsidiaries Jive and Zomba for posting widely distributed songs that were being attributed to Britney Spears. It turns out that the offending .mp3s were tracks that didn’t make it onto Spears’ newest album.

In Hilton’s words:

Sony BMG, and their labels Zomba and Jive, are suing us for streaming several songs that turned out to be by Britney Spears.

When these songs first leaked, there was a lot of doubt as to whether they were Britney or a fake. Plus, we never made any music downloadable.

Every time we saw a take-down notice from the R.I.A.A., we complied immediately. By the way, no one at Sony BMG ever contacted us about Britney.

Also, every song we posted - not knowing if it was or wasn’t an authentic Spears song - had already been all over the internet and fansites, yet PerezHilton.com is the only entity being sued by Sony BMG.

He lists a number of other talented people that he no longer covers, including my all-time favorite singer Christina Aguilera. He asked himself:

Because Zomba, which is owned by Sony BMG, is suing us and we had a lightbulb go off recently: we can’t support any artist signed to Sony BMG.

Why should we help the company suing us make money???? Especially when their lawsuit is personal!

The record industry has been notoriously backward when it comes to the Web. Their behavior towards Hilton has been no exception. It doesn’t matter much whether the gang at Sony BMG has a legitimate case against Hilton, it’s not in their long-term best interests to sue him.

Hilton may be reviled by many, but his coverage has helped to rocket some musicians from obscurity into the national spotlight. Musicians crave coverage on his site. A rave from him drives countless iTunes downloads.

If Hilton refuses to cover any artist signed to Sony BMG, you can expect that other artists will get the spotlight. That means lost revenues and lost opportunities. It would have been better to just send him a takedown notice and let the whole thing go away quietly.

How well do Chitika ads work? Interviews with Jeff Sable (Chitika) and Gail Bjork (Digicamhelp.com)

by Jason Preston | March 31st, 2008

moneyEveryone knows what the holy grail of blogging is. You get 100,000 daily pageviews for writing three quick posts, and then you have your chauffeur drive you to the bank to deposit your ad revenue.

Everyone is also slowly realizing that this will only ever happen to Cory Doctorow.

The real question is this: for the average blogger, what are the revenue systems available, and how well do they work?

I recently had a chance to talk with Jeff Sable from Chitika, a blogger-centric ad network, and with Gail Bjork, owner of Digital Camera Help, which serves both Adsense and Chitika ads.

Here’s what they had to say about Chitika’s ad offerings, and how effective they were in comparison to other options.

With Jeff Sable from Chitika

BBS: According to your site, Chitika ads are “designed exclusively” for bloggers. How are they different from other CPC solutions?

Jeff: There are a couple of aspects of our ads that have allowed bloggers, as well as other types of publishers, to improve the content of their web sites while making great money. First, our ads feature targeted products. This means the blogger or publisher can focus on writing great and interesting content and Chitika’s technology will automatically serve a relevant product-centric ad to the end user who is reading the content. Second, our ads are designed to complement a web site and “fit” into the site without adversely affecting the relationship with the reader. Because of the combination of these particular attributes and other features of Chitika ads, bloggers in particular have found Chitika ads to excellent and Chitika to be a great partner as they build their businesses.

(more…)

Awesome advertising

by Jason Preston | March 27th, 2008

One of the things about advertising on the internet is that it seems to blend more and more with marketing and with content.

Good, relevant advertising is content.

I was reading I forget what earlier today and I ran across an AmEx ad that was so awesome I took a screenshot of it, not that a screenshot will really convey the value:

Awesome AmEx Ad

What are you looking at? This is a screenshot of an interactive video display. If I clicked on any of the thumbnails I got about a minute and a half of video with Seth Godin moderating a discussion between Jimmy Wales and Sean Parker.

Awesome. I watched each video, and they were all interesting.

The point is this: AmEx might as well have written a blog post with some YouTube videos in it. I got the same value, and that was clearly an advertisement.

Good for AmEx, for using ad space well.

Good for you for blogging about your business, because blogging is a lot cheaper.

24/7 Wall St: Gawker Media is the most valuable “blog” at $150 million

by Jason Preston | March 26th, 2008

The team over at 24/7 Wall Street have come up with a list of the 25 most valuable blogs (although they don’t tack a number on all of them), and topping the list is Gawker Media, meaning the complete blog network.

How does the valuation break down? Here’s the blurb:

If the [Gawker] sites generate one-and a-half page views per unique visitor and the total CPM value of the multiple advertisers on each page is $20, Gawker is an $11 million business which is still growing quickly. The company does not appear to be staff-heavy, so it is imaginable that the margins on the business are 50%. Would the business be worth 15x revenue or 30x operating profits? Could be.

As far as the math goes, I’ve seen worse attempts at breaking it down. The list tails off at just under a million dollars for Talking Points Memo.

I’m sure they missed several big blogs, and I’m sure they’ve got many of them pegged pretty far from what price they’d actually fetch, but it does underline the fact that blogs are still working as media properties, even if they’re out of the spotlight at the moment. They’re drawing revenue, and if they were for sale, they’d probably be fetching good prices.

Bloggers for hire? Probably just misleading statistics and poorly phrased questions

by Jason Preston | March 25th, 2008

Many of you probably spotted this post on Gawker last week about the hypocritical “pay-me” blogosphere. A survey recently conducted by APCO on the “state of blog relations,” apparently suggested that bloggers are asking for a little palm grease from the PR industry.

I wonder if that was intentional.

This survey was distributed to bloggers and PR people in order to compare the responses from each group. Let’s look at the question that evokes that response. According to Gawker:

And the biggest disconnect of all didn’t really make the bloggers look like the righteous bunch. 96% of flacks disagreed with this statement: “It is okay to compensate bloggers for writing about my clients, but it is not up to me to tell them to disclose the payment.”

But almost half of bloggers agreed. They want to get paid, yo!

That suggests to me that the question on the survey looked something like this:

Do you agree or disagree with the following statement:

It is okay to compensate bloggers for writing about my clients, but it is not up to me to tell them to disclose the payment.

I smell confounding variables. That is a two-part statement, and I could choose to agree or disagree to either part, neither part, both parts, who knows. A better survey would have broken them out:

Do you agree or disagree with the following statments:

1. It is okay to compensate bloggers for writing about my clients

2. It is not up to me to tell bloggers to disclose the payment

I suspect that most PR people thought to themselves “well, I’m OK with paying bloggers, I guess, but if I pay them I’d better tell them to disclose the payment.” So they marked disagree.

Similarly, most bloggers probably thought to themselves “I don’t mind getting paid every now and then, but damnit it’s on my terms, it’s my blog, and I’ll decide when, where, and how to make a full disclosure.” So they marked agree.

Are there some bloggers who are out there to make some cash by being dishonest? Of course. Does this survey prove that “some bloggers” is 50% of the blogosphere? Hardly.

As Mark Twain once said, “facts are stubborn things, but statistics are more pliable.”

Top 10 ways to know you are a splog

by Jason Preston | March 25th, 2008

1. Your tagline is “just another wordpress weblog”

2. You’re on Blogspot

3. Your About page says “This is an example page”

4. You’re using the default template

5. You’re using a theme with the word “AdSense” in its name

6. Your permalinks end in numbers, like “?p=847″

7. Your posts end with “[souce: Engadget ]” or “Read original article”

8. Your readers get Carpal Tunnel from trying to scroll past the ads

9. Your posts are authored by “x9872ldy7d0-3″

10. You’re using a domain that ends with .info

Feel free to add yours in the comments… ;)

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