Category Archives: Reality checks

Content Worthy Of Your Brand

The biggest challenge I face producing the screed each and every weekday is not in the writing of it. Most of the time the words come pretty easily. The challenge is in finding topics that I think will both enlighten and entertain you guys. Some days it seems as if there’s plenty about which to write; other days I stare at the screen while sorting through hundreds of articles trying to think of something that meets my standard – hopefully yours as well.

Audience

(Photo credit: thinkmedialabs)

That challenge is shared by anyone who creates content: how to produce something that’s worthy of the audience‘s attention. How to produce something that satisfies the attention/value exchange on a fair basis. It’s a challenge that I think is met less and less often (and not just by me!) and let me explain how it might affect you on both ends of the equation.

I guess it’s obvious how it does on the consumer side.  None of us like to invest our time and attention and be served the content equivalent of one of the foams that have gone so out of style in the food world.  These foams are airy and sort of have a flavor but they fade quickly and are pretty unsatisfying.  My real concern is how it affects you on the other end – the business side.

Everyone had become a content-producer.  Companies that make remote controls or eyeglasses are suddenly making content as well.  Sometimes they hire people who once were copywriters but now are “branded content producers.”  Idiots who film their friends at parties are now “rich content generators”.  Kids who annoy their friends over social networks are hired as social media content specialists.  Everyone and every brand produces “content.”

The effect is that we’re all overwhelmed by a lot of crap that doesn’t serve the audience.  White papers that are just ads for a product.  PR releases disguised as microsites.  The answer to this is, I think, not to get caught up in it if you’re a brand.  If you are going to send something out into the world, make it as good as your product.  After all, you wouldn’t let something out of your door with your brand on it that was inferior.  Make it as smart as your audience and worthy not just of their attention but also of the audience with which you want them to share it.  Hire professionals to generate it on your behalf, not your nephew who can speak reasonably well.

Anyone can produce drivel (and no remarks about how this blog proves that point).  Great brands need to produce great content.  Right?

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RTB Means Really Tough Business

The always reliable Digiday did a piece yesterday on Real Time Bidding (some folks say Buying) and the effect it’s having on web publishers. Entitled “Publishers Face RTB Pressures,” it’s an excellent though depressing overview of what’s happening in the digital publishing business due to the steady growth of programmatic ad buying. I can’t sum it up any better than this:

The drive for more efficient buys in RTB is putting pricing pressure on the entire display ad market. According to Magna Global, display advertising globally rose just 1.5 percent in 2013. That’s not very good in a market that expanded 14.4 percent overall for the year. In fact, the reason Magna identified: price drops.

That’s the situation today, when 17 percent of buying is through exchanges. In five years, Magna director of global forecasting Vincent Letang expects 43 percent of display advertising to be bought and sold via exchanges.

In other words, there’s too much inventory and these formulae don’t give the quality of your content enough consideration.  Heaven forbid that humans actually enter the equation!  Before all of my friends who sell non-digital media get too smug, one can rest assured that when the efficiencies of this buying protocol become evident that someone will push it on TV and print just as sure as the sun shines.  So is this a bad thing?

If you’re buying audiences for your marketing messages, no, it’s not.  It is, however, if you’re a content creator who tries to make money off your content by selling the audiences it attracts.  I suppose that means that if I were in the content business I’d get the hell out by selling off my audience monetization to someone else – a publisher or distributor.  I’d give up some of the upside in return for protecting the downside push to the bottom RTB is forcing.  As the article says “Efficiency is a great thing unless what you do is what is being made more efficient.”  It’s not going to be long (and it may be here already) before the quality of the content is impacted as the resources to produce consistently great stuff just aren’t there.

If I were back being a publisher, I’d be spending a lot of time having someone think about our syndication strategy and fast.  Let  someone else ride the ad wave down to the bottom.  My content – and yours – is worth more than that.

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The Equipment

For our first Foodie Friday post of the year let’s talk about kitchen equipment.

VIKING STOVE

(Photo credit: CRYROLFE)

I’m very fortunate to cook in a kitchen that’s equipped with just about every tool for which a cook can ask. Some of these things are designed for a specific purpose (boning knife), some are improvements over an existing tool (a Microplane vs. a box grater) and some are just silly (cherry pitter).  The appliances are the highest grade of equipment available to a home cook.  When friends or family come over I can usually serve them something which they enjoy and of which I’m proud.

Sometimes, however, I cook elsewhere.  The stove is usually electric, the oven temp is often off, the knives may be dull or only serrated and small, the pans might be flimsy.  The expectation from those folks whom I’ve served before and for whom I’m cooking now is that they’ll get the same sort of meal they received from my own kitchen.  Frankly, that’s the expectation I have too.  Which is the business point.

We can’t blame the equipment.  How many writers don’t write because they lack screenplay software?  How many times have you heard a budding director say they’ll make their movie when they get better equipment?  Can’t exercise because there’s no gym?  What about in business – would you accept a subordinate’s excuse that they couldn’t complete an assignment because their computer failed?  As a consumer, are you mollified when a restaurant fails to honor your reservation because “the system is down?”

Part of being good at what we do in business is accepting responsibility and not allowing impediments to become excuses.  I’m embarrassed when I serve what I deem to be less than my best meal even if I’m cooking in a strange kitchen with rudimentary tools.  I’m sure most of you feel the same way.  Yet we often don’t translate that into our business lives nor enforce it as a standard on our teams.  We can’t blame the equipment – we play the hand we’re dealt.  The test is to see who can produce consistently great work in any environment.  Even if it lacks a cherry pitter!

You with me on this?

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