Friday, October 27, 2006

The passionate niche publics

TalkSPORT has achieved its highest audience figures in 18 months, allaying fears that speech radio is struggling across the board.

The nationwide talk station, which benefited from a boost in listening last quarter thanks to the World Cup, has managed to keep listeners tuned in after the final match — putting on an extra 176,000 listeners (8.4%) year on year.

Side by side isChannel 4's first foray into radio which has got off to a slow start, with the digital talk station OneWord losing 20 per cent of its listeners.

Figures released today by Rajar show Oneword's audience has fallen from 129,000 to 104,000 in the last 12 months.


Community, focused, passion filled audiences count - sound like social media to me.

WPP results - PR growth three times more than ads

WPP numbers this quarter show strongest growth was in the communications services sector, public relations and public affairs, with sales up by almost 14%, followed by branding and identity, healthcare and specialist communications, up almost 12%. Information, insight and consultancy was up over 8%, and advertising and media investment management up over 4%.

So reports the Guardian.
Oh! So PR seems to be doing well then.

Eight days to compete with television

A film highlighting how journalists in the UK have learned to deliver TV news in eight days has been nominated for an international award in Berlin.

The film 8 Days features eight regional journalists working on papers including the Hull Daily Mail, the Liverpool Echo and the Manchester Evening News, getting to grips with a murder case re-enacted by Cleveland Police.


We are now seeing local newspapers develop both video and sound capability in order that they can compete with, mostly, local television. Of course, local newspapers provide considerable feedstock to national press radio and TV and can charge good money for well produced stories.

For PR, this means that there is a need to be able to offer stories as audio and video fests aw well as text and photos.

The film, made by senior lecturer at the University of Westminster David Dunkley Gyimah, focused on journalists training at Press Association's video training course.

Intel sponsors music site

Press Gazette says that the Guardian is launching a new music site today which will be sponsored by computer firm Intel.

According Guardian digital boss Emily Bell, Intel will "integrate their brand" into the site, but she said it will retain editorial independence.

This is interesting because it is another way that a good media brand can generate revenue - sponsorship.


Sponsorship as a public relations practice is well established although it is worth remembering the cost of promoting sponsorship is not cheap.

Netshine come-uppance for pharmaceutical

The PR industry is not having a good week. Its worst practices and the abominable practices of the clients it advises are being exposed all over the place. This time it is the pharmaceutical companies that are exposed with Blazing Netshine.


They are supposed to be grassroots organisations repre

senting the interests of people with serious diseases. But Drummond Rennie, professor of medicine at the University of California, San Francisco, and deputy editor of the Journal of the American Medical Association, believes that some patient groups are perilously close to becoming extensions of pharmaceutical companies' marketing departments. "There's a crisis here," he contends.

Rather than grassroots, the word Rennie uses to describe such organisations is "astroturf". Originating in the black arts of politics and public relations, astroturfing is the practice of disguising an orchestrated campaign as a spontaneous upwelling of public opinion.

Pathetic

Talking of pathetic Web 2.0 efforts here is another one:


With the launch last month of www.lphchat.com, Langham Place Hotel invites customers to build an online presence, posting thoughts on any topics close to their heart.

Internet Travel News - Langham Place opens blog - www.breakingtravelnews.com/..

Magazine tinkers at the edges

I saw this today... It is as under-whelming as it is possible to get. Where is the picture sharing, the comment from the stars and the punters in podcasts? How much is going to make YouTube? Are there going to be Skype conferences and conversations on Skype?
Judge for your selves...


IPC Ignite!'s Uncut has overhauled its website, including a design revamp and the introduction of a daily news service, as the monthly music and film title battles to reverse a circulation slide for its print version.

The news pages of the website include exclusive stories and a blog by Uncut editor Allen Jones, with the first covering Bob Dylan's tour of North America.

Anthony Thornton, IPC Ignite! digital editor-in-chief, said: "Uncut's daily news service is the perfect complement to the distinctive world famous in depth coverage in the monthly magazine. Uncut's no longer a monthly event, it's daily."

Vanilla marketing just won't do

Andrew Warmsley says that

Corporate blogs have come in for a lot of stick in recent weeks - the latest being the efforts of Wal-Mart to persuade us that they are a nice bunch of people by sponsoring two bloggers to drive a camper van around the US, staying nights in the company's car parks.

What caused this one to come unstuck was its disingenuous nature. The blog neither revealed the backing of the firm (via a body called Working Families for Wal-Mart), nor the professional status of the participants, and in doing so broke one of the basic rules of blogging: don't hide the truth.

This rule has emerged not because of the high ethical standards of bloggers, but because they have learned that given the vast resources of the collective blogosphere, readers are going to find you out. So it is ultimately pragmatism that keeps bloggers on the straight and narrow, and while you will find inaccurate statements in blogs, you will almost always find them challenged and hotly debated.

While the experiences of the Wal-Mart bloggers were real, its credibility was fatally compromised. Eventually, the PR agency behind it, Edelman, apologised publicly amid derision online.

Most corporate blogs do not attempt to fake it on such a scale - but they are strangely unappetising nevertheless. They are one of those strange beasts that emerge from the internet from time to time - generally giving neither the personal views of a commentator nor the official corporate statement.

They exist in an odd limbo between these states, and it is this perhaps that makes them thoroughly unsatisfying.


In the UK, the marketing team behind one popular beer has maintained a blog for just over a year, talking about the brand and the events it sponsors. Full marks for effort, but as it attracts hardly any comment from real consumers, you find yourself asking why they bother. As a drinker of its brand, I am supremely uninterested in the fact that the marketing manager has 'had his head in spreadsheets' for the last few weeks - and as a marketer it looks like a clumsy attempt to put a human face to the brand.
And, yes, he's right. It seems hard for people to think beyond scream marketing, the integrated consistent message across all channels for communication and vanilla marketing.
It is going to take a long time for the change to take place.
This is where PR has to play a part. We have to think in terms of conversations not messages - tough call I guess.

Andrew Walmsley on digital: Clumsy attempt at being compelling - BR Bulletin - Advertising, Marketin - www.brandrepublic.com/...

Parsons - Web 2.0 bubble at bursting point

Michael Parson at the Times warns of the end of the Web 2.0 bubble:

Social networking is one of the building blocks of the Web 2.0 dream: bringing together like-minded people online to create a community of interest that can share knowledge, information and resources and make useful contacts. However, we must not forget its older, fleshly incarnation – the real networking event. During the height of the dotcom boom you had to fight off invitations to internet networking events. Societies like First Tuesday, The Chemistry, and Land of the New Giants brought together badly dressed people with business cards to exchange lies about their website's readership and drink a lot of nasty white wine. After the crash, decadent gatherings like this became much less popular. Yet this week I've received invitations to several, which perhaps means it's time to start selling tech stocks again. It's a market top.



I agree

Only connect electronically - The Net - Times Online - technology.timesonline.co.uk/...

Top PR in Scotland - CIPR Award winners

NHS Lothian lifted the award for Scottish Public Sector Team of the Year, with Glasgow-based 3x1 Public Relations taking the Consultancy Team of the Year and VisitScotland the In-house Team award.
The City of Edinburgh Council scooped three top awards, in addition to the Grand Prix: Issues or Crisis Management Campaign; Newsletter, Newspaper or Magazine; and In-house
campaign. Their Grand Prix award was for their work on the G8 Summit.

Getting the low down that drives share price

Putting blogs to work for Wall Street | CNET News.com - news.com.com has an interesting take on what can now drive share price - Social Media.

Collective Intellect has created a service that combs through thousands of blogs, news sites, chat rooms and other Web sites every day and then surfaces rumors and news reports that might be of interest to traders or corporate public-relations executives. Start-ups like Monitor 110 provide similar services.

The idea is to give traders back the early and easy access to critical data that they used to have when this information came through many fewer channels. Back in the 1980s and 1990s, a Bloomberg terminal or subscriptions to news services could give you a jump on the hoi polloi. Today, it's the masses that often have the jump, thanks to blogs and other tipster sites.

"They aren't sure where a story will break and how it will break," said Don Springer, Collective Intellect's CEO. "Traders are going crazy."



Hmmm.... never mind the city... PR needs this too

'Blazing Netshine' ... the killer app

Dan Gillmore wrote this week.....

Some PR and marketing folks have, as you'd expect, taken word-of-mouth as just another great opportunity to sell stuff. Fine, if it's up-front and honest. But word-of-mouth marketing should not mean, as Procter & Gamble and other companies have been doing with such cynicism, getting people to talk up products without disclosing the corporate inducements behind them. "Beyond lame" was one typical reader response to a P&G site, made to look as if it was written by users of its Secret Sparkle Body Sprays. In reality, the site is filled with advertising copy. If any friend of mine did this to me, that person would have one less friend.

A world of conversational communications can be so unstructured at times that the people who once thought corporate messaging was a command-and-control operation can't abide the inexactitude of it all. Understandably so, because they came to their positions in a simpler time, when the message went through a stratified system to specific people.

But the complexities don't justify retreat. They do justify appropriate caution, especially in the kinds of enterprises where proverbial loose lips actually sink ships, such as the military. In the end, the conversation is about culture. If senior people don't believe in the value of conversational communications, they won't happen. But bloggers aren't going away, and younger employees, customers, et al, now think this kind of communication is natural. And it's worth remembering a simple demographic fact: They are the future.


Corporate Blogging: What Could Go Wrong? - www.cioinsight.com/...

Thank you Dan. In particular, the comment about culture.

Perhaps we have to spend more time looking at what we know about culture to help understanding of what I have called 'Blazing Netshine'. It seeks out cynicism, corporate messaging and command and control. It encourages porosity and uses Internet agency and is the killer app that will defeat scream marketing.

Manipulating information - is not an option

Corporate Blogging: What Could Go Wrong? - www.cioinsight.com notes:

The majority of companies spend too much time worrying about unfiltered comments getting out. They should be more concerned with what happens when lawyers, executives and PR/marketing folks get the notion that blogs and other such media are nothing more than a new way to manipulate information.


It is going to be a long haul. Companies do need to understand that the combination of available social media and broadband has changed the game.

XPRL needed

COMPANYNEWSGROUP - CONTACTS - www.companynewsgroup.com makes a number of points about Europaen financial reporting. The news is better but it highlights the need to integrate XPRL with XBRL in financial reporting.

Generally speaking, this year listed companies have improved the quality of their Investor Relations websites. There is a 15% increase in results over all of the indexes studied and a 20% increase over the indexes in the Euronext zone.

Also noticeable this year is the appearance of new practices such as financial glossaries, business-sector statistics, Investor Relations forums and RSS feeds.

European listed companies have very good practices when it comes to publishing their basic data: 100% of companies put their press releases and annual reports online and 96% have a section on "corporate governance" for their investors.

We also note that 95% of companies give their market price on their website and 65% place it directly on their homepage.

  • This year has shown an improvement in websites' interactivity. Companies are making increasing use of dynamic documents and rebroadcasting audio/video of their financial events: 55% of companies offer their annual report in Html/Flash format, 65% broadcast the webcast of their analysts' meetings and 30% rebroadcast their Shareholders' Meetings online.

    With regard to interactive services, although 65% of the sites studied offer press releases via email, only 30% make it possible to receive email alerts for financial events and 34% of companies offer a portfolio-simulator service.

  • The comprehensiveness of the information given on companies' websites is generally satisfactory: 93% of companies disclose information concerning analysts' meetings and 87% disclose information concerning Shareholders' Meetings. Although 75% of companies publish management biographies, they are less willing to disclose management dealings (26%) and management compensation (24%).

    We also note that tools linked to market price are little used by companies: 35% provide a technical analysis tool, 25% enable comparison of their market price to that of their competitors and 9% have a market-price graphic linked to the news.

  • COMPANYNEWSGROUP - CONTACTS - www.companynewsgroup.com/...

    Thursday, October 26, 2006

    IR stuck in the mud

    IR Daily » Hey Google, Where’s the YouTube Video of Your Earnings Call? - www.irwebreport.com/...


    Google just acquired web video sensation YouTube for $1.65 billion.

    Google — webcasted it earnings call yesterday using investor relations website outsourcing service Shareholder.com, a company owned by Nasdaq.
    Visitors to Google’s investor relations pages have only two choices to access the call. Windows Media Player and Real Player. And in neither case is the call indexed to make it easier to review.
    No YouTube? The audiocast archive is available only in Windows Media Player or Real Player formats and there’s no transcript here.
    There’s also no podcast option (available free at EarningsCast!) or MP3 for playback in a Flash player.
    But what’s stopping Google’s investor relations people putting a video camera or webcam in the conference room?
    They could live videocast the call and then post the archive on the site as an embedded YouTube video.
    Even little Telecom New Zealand has been doing something like that for ages.
    Seeking Alpha transcript sucks away Google IR’s traffic
    Here’s another irony. Right now, one of the most linked-to items about Google’s earnings call is nothing that Google itself provides.
    It is the earnings call transcript provided by Seeking Alpha, the blog network. Like about 87% of other companies, Google itself doesn’t offer transcripts of its earnings calls.
    Actually, if you go to Google’s page on Google Finance, you’ll find a link to the Seeking Alpha transcript buried at the bottom of the page below the fold under the heading “More Resources.” But that’s not indicated anywhere on the company’s main investor relations site.
    Drinking your own “Kool-Aid”
    Google isn’t the only company that should do a better job of communicating with investors by using its own technology.
    Microsoft also uses Shareholder.com for its earnings calls. Funny thing here is that when I tried to load the Q4 webcast in Microsoft’s just-released IE7 browser I got an Active X warning telling me that the website wanted to run Quicktime from Apple Computer Inc. (see the screenshot below)
    The warning in IE 7 reads: This website wants to run the following add-on: Quick Time from Apple Computer Inc.
    Well-known VoIP analyst Andy Abramson was critical of eBay back in July for not using its own Skype services to host its earnings conference call.
    To quote him: “In my view not using the technology you tout …shows a real lack of belief in the technology.”
    Investor relations people, especially at consumer Web companies like Google, need to understand that they don’t operate in a vacuum.
    Investors can also be your customers, your suppliers or your employees. How management handles its investor communications can make a big impression on their opinions of your company in other areas as well.
    I would only add, this is another case for the fast development of XPRL

    Ethics, arrogance and elitism

    IR Daily is looking at PR ethics (note 1) . It makes some powerful points. There are others that have emerged this year. It is time to take stock.

    "Increasingly, it appears that companies are being sucked into a
    quagmire of risky Web communication practices.

    PR firms set up front
    organizations and websites
    to say nice things about their clients and their
    products. People using these sites are supposed to be deceived into
    thinking the sites and the information they provide are
    unbiased.

    Marketers offer money to
    people who will write nice things
    about products and companies on the Web,
    without disclosing that the company bought their opinions.

    Companies
    infiltrate message boards to post nice things about themselves or their products
    and services. They do so under fake names so that people will think they’re
    unconnected to the company.

    Sleazy practices go unquestioned!

    Then there are practices in the IR industry that are just
    plain sleazy.

    For-profit agencies dress themselves up as “associations” or “societies” and hand out undeserved awards to companies who fail to ask questions.

    A consulting firm pretends to have a glitzy New York address when in
    fact it is merely renting a “virtual address” and its real head quarters are in a place most people can’t spell. </P>

    Over 100 American companies use technology to compile detailed reports on the online habits of individual visitors to their websites, never stopping to ask if this might be an invasion of privacy.

    Sometimes deception and dishonesty seem harmless. If it’s not illegal or it’s not personally or monetarily injurious, it’s seen as acceptable. A minor inconvenience to the user.


    We’ve dabbled in a bit of “minor inconvenience” deception ourselves here at IR Web Report. I’m not proud of it. We used to use our articles to link to pages on
    the site that promote our services.


    We might say something like “In our recent research on online annual reports, we found that…” The problem here is that there’s no indication that the link goes to a sales pitch for our membership plan.


    Nothing wrong with that, right? Lots of people do it, from the Web’s
    usability guru to a former SEC lawyer who uses it to pitch subscriptions to
    his online services.

    But it’s absolutely not ok. All it does is lead someone to click on a link that they might otherwise avoid. They immediately feel cheated after you “get” them to do what you want. It’s a stupid tactic, isn’t it? Someone who has just been deceived >by you is hardly softened-up to become your customer.



    This is but the tip of the iceberg.

    Pick any press release and read it. The content, claims and syntax is transparently hyped. This as a document given to a journalist, is patronising, arrogant, elitist. Here, the company, one partner in the communication process, is demeaning the other. Talking down, assuming journalism and journalists need to be fooled. What kind of partnership is this? What kind of people is the company prepared to partner with - some hack journo who cannot check if 'world leading' is meaningful? Would the company really partner with such people?

    What sort of company is this? Elitist, deceptive, manipulative and prepared to work with second class partners. This is what the PR industry is prepared to recommend to its clients.

    PR by the very documents it shows to the world condones elitism and perpetuates the divide between communication partners and yet in a second breath will talk about diversity.

    Take this as an example statement from the PR Industry:

    It’s really the sense of most blogs being first jottings and half thought
    through that bothers me. I value the language of Shakespeare, Samuel Beckett and
    Hemingway too much to see its daily massacre. ‘Blogs’ seem in many cases to
    spring straight from a semi-engaged brain on to the page. I cringe at the
    inability of people to stand back and critically assess their thoughts before
    committing them, arrogantly, world-wide (or so they think – most get read by a
    few saddies and surfers).

    Here we see the PR industry commenting ill of and ill prepared to learn about, understand adopt or use a channel for communication and a form of social interaction. It makes demeaning comments about people whose first trade is not writing. It even is disdainful of the blogging editor of the Times Literary Supplement. Once again, PR shows how elitist, arrogant and, perhaps ethically at odds with a readership as big as the national newspaper industry it has become.

    Alongside these issues there are concerns about atroturfing (passing off) which is another case of bad practice endemic in PR practice.

    Gary Bivings has made this point:

    .. it seems that PR types and marketers are paying bloggers to write favoarble stories about client products. There's a story(not yet online) in the November issues of Smart Money called "Bloggers" by Anne Kadet highlighting this new (perhaps not, alas) and sordid trend. There's even a company called PayPerPost.com that as its name implies pays blogger for posts. Seems about as reputable as paying individuals and companies to fradulently click on search engine ads. (Yes, this is a real problem.)

    The fact of Internet Porosity, Transparency and Agency firts put forward by Anne Gregory (2) and outlined here in a sequence of posts (click 'next' at the bottom of each post).


    It is time to look at the ethical issues from the inside out (note 3). The essential is this:

    Now, and
    increasingly in the future, trust will be
    imperative. Ethical PR will need to
    prevail. Part of the ethic will be deliv-
    ered by technology, and only then will
    a brand be able to survive electronic
    navigators able to compare efficacy dis-
    passionately. The wider implications
    for ethics will then come into play.
    Part of ethical practice will be in the
    management of reputation. Essentially
    this is management of transparency,
    porosity and agency in all aspects of
    corporate governance. When, because
    of ethical misdemeanour (whether
    actual or perceived), trust is lost, com-
    panies lose competitive advantage.

    If the PR industry cannot do it, Internet agency, this time using machines, will.

    There is no greater issue for the PR industry today.


    1 IR Daily » Less Deception Needed on the Web - www.irwebreport.com/...
    2 Gregory, A, (1999) How the Internet Radically Changes Public Relations Practice, paper submitted to the IPR/PRCA Internet Commission.
    3 Phillips, D. (2000) Blazing Netshine on the Value Network - The processes of Internet public relations management Journal of Communication Management December 2000 Vol 5 No 2

    Access the Web on mobile devices - a lot do

    An average 29 percent of European Internet users access the Web on mobile devices. This includes users in Germany (34 percent); Italy (34 percent); France (28 percent); Spain (26 percent); and the U.K. (24 percent). In the U.S., 19 percent of Internet users access the Internet on cell phones and other mobile devices.


    IR Daily » News Digest for October 24, 2006 - www.irwebreport.com/...

    IBM as a Model

    This is a valuable case study:

    "Often credited as being a pioneer in investor relations podcasting, IBM is one of the few companies that has used podcasting with a strategic communications objective rather than just as a parallel distribution channel.

    "Starting in August 2005, the company ran a series of interviews with company experts discussing future trends in particular industries. It called the series “IBM and the future of” and its primary objective was to educate investors and demonstrate the depth of expertise inside the company.

    "IBM’s podcasting series, which was also available in transcript form, had the happy side benefit of producing significant positive press for the company in the mainstream media as well as on a wide range of smaller websites and blogs.

    "That may help account for the fact that as of a couple weeks ago, IBM’s podcasts had been downloaded 186,000 times — a huge figure when compared with other companies’ podcasts."

    IR Daily » The State of Podcasting in Investor Relations - www.irwebreport.com/...

    Conversations have rules - so do blogs

    Shel blogs:

    Southwest Airlines‘ Paula Berg just wrapped up a talk on the ”Nuts About Southwest“ blog, one of the really excellent examples of a company blog. Paula noted that she and three other members of the blog team moderate comments; she listed a number of criteria for comments that don’t make it, including specific customer service issues and politically incorrect meanderings.
    Wisely, Southwest lists those criteria under its ”User’s Guide.
    That’s great, but I like the idea of putting these guidelines on the comment page itself, which is what GM does on its Fastlane blog. Many readers who opt to comment will never click to a discrete page containing your moderation policy, but it’s entirely likely they’ll see that policy if it appears right where they enter the comment. It can reduce the risk of somebody accusing you of censorship when their comment doesn’t appear and they don’t know why.

    a shel of my former self - blog.holtz.com/...

    Shakespeare's PR consultant

    Indiana University Professor Edward Castronova has made a name for himself as an economist who studies virtual worlds. Now he's been awarded a US$240,000 (128,000 pounds) grant to create one himself, based on the world of William Shakespeare.

    "What we plan to do is have people encounter the texts in Shakespeare and ideas in the text at many points within a really fun, multiplayer game, so without even knowing it, they gradually are learning more about the bard's work," said Castronova, author of "Synthetic Worlds: The Business and Culture of Online Games".

    Well its good to see that Shakespeare has a good PR agent in Second Life.

    Note created Oct 25, 2006Professor funded for virtual Shakespeare world Technology Internet Reuters.co.uk - today.reuters.co.uk/...