Nov
2009
VisibleGains Live Episode 43
Matthew & Dave show video clips of local B2B Marketing, Online Marketing, and Video Marketing experts and provide commentary. In this episode, David Meerman Scott asks 5 Questions to B2B Sales and Marketing experts
from major cities all across the globe. Find out how what the questions are and how people answered them. Also, Chris Brogan shares a case study of how IBM utilized online video to increase brand awareness and
shorten a sales cycle on one of their largest, most complicated server products. Finally, Steve Garfield shares his thoughts about what makes Boston such an important technology hub, in a one on one interview.
Click here to read the full transcript
[00:00]
Matthew: Hello and welcome. Today is October 29th and you are watching VisibleGains live. (crowd cheering)
[00:18]
Matthew: Well, thanks everyone for joining. We have a pretty special episode cued up for you today.
[00:24]
Dave: Really?
[00:24]
Matthew: With me today is Dave Kilkenny senior digital producer here at VisibleGains. Nice to have you back on the show.
[00:30]
Dave: Old Reliable
[00:31]
Matthew: Old Reliable. So I mentioned that we have a pretty special show. You can also tweet to us through the VisibleGains…
[00:42]
Dave: VisibleGains live, right.
[00:42]
Matthew: …VisibleGains live hatched egg. And we’ll see your tweets and we’ll answer them here on camera. What we have done today is we’ve cued up some video for you to watch. We’ve gone out on the street and talked to a whole bunch of different local online marketing, B2B marketing, and video marketing experts.
[01:02]
Dave: Familiar faces.
[01:03]
Matthew: Familiar faces. People you should all know and recognize. And we’re going to be offering some commentary on those interviews through some new technology that allows us to play these videos directly into the stream with us in kind of a picture in picture effect. So it’s a new thing that we’ve launched. It’s one of the reasons we’re running just a couple of minutes late today. So if we experience a few technical difficulties throughout the show, you know just bear with us.
[01:27]
Dave: Apologize in advance.
[01:28]
Matthew: You’ve got two producers over here today helping us out. We’ve got Abba who we have every week, and we’ve got Chris Kyle also. So make sure that we’re doing alright, guys, alright? Alright, thanks. So the first thing that we have cued up is some video that we shot, Dave and I, shot at the Invale Marketing Summit.
[01:47]
Dave: Right, great event.
[01:48]
Matthew: It was a super event put on by the folks over at New Marketing Labs. And this is, I think, the second or third year that they’ve had the event at Gillette Stadium. Great, great venue, and they brought together all the key experts in B2B marketing and social media marketing, and engagement marketing, and it’s…it was two days really fun time. And VisibleGains was actually able to record one of the panels. And the one that we recorded was called “End the Social Media Hype.”
[02:23]
Dave: Right.
[02:24]
Matthew: And there was, I think, 5 or 6 great experts including Chris Brogan, Jason Falls, C. C. Chapman, who was on the show last week.
[02:31]
Dave: Yep.
[02:32]
Matthew: Brian Solice, and Paul Gillan. And it was hosted by Mike Lewis of Awareness, and they talked a lot about how in the year since they had the New Marketing Summit social media has clearly taken off.
[02:45]
Dave: Right. Lot of change.
[02:46]
Matthew: And it’s attracted kind of an undesirable element of people offering or making kind of big promises and not really able to kind of deliver on those promises.
[02:56]
Dave: I have no idea what they’re talking about.
[02:57]
Matthew: There was a bit about how it affects B2B that I thought was interesting. Chris Brogan talks a little bit about social media, and the use of online video. So why don’t we hear what the story is that he had to say.
VIDEO CLIP
[03:10]
Mike: On the B2B side, you’re trying to influence a greater group, and I get the whole [?] you know it’s still a person selling to a person. I get that.
[03:17]
Chris: You’re right, it’s a multi-person sale, it’s a complex sale, but I mean it’s the same sort of thing. Great content sales great stuff. When I was at IBM research, we had this great conversation about there was this guy who made a video about one of these super computers. These super computers are a three year sales cycle. It’s three years from when you think you might buy one to when you can get one. And this guy took an internal IBM video and recut it and had his friend with a really good baritone voice make a YouTube video. YouTube video got 149,00 views within the first several months, and not through the official channels ‘cause it turns out the guy who made the video was in the call center. So the head of marketing contacts the call center guy and was like, (makes ringing sound with mouth), hello? Yes, there’s a guy there that made a video and it’s really unauthorized and it got 149,000 views on YouTube. And we don’t like that. We need to take it down. And the call center guy’s like, I’m sorry did you start this by saying 149,000 views on YouTube? I’m not talking to you. (Thumps mic on leg.) So I mean I think yes, the tools all still do the same thing. You’re right. You have to influence more people. But people love good content. We don’t stop loving good content because we buy equipment from other people or we buy services from other people. Just maybe that we have to hit different targets, so maybe the strategy is just, you know, how do you touch as many, kiss as many babies as you can on the way to make the purchase?
[04:34]
Second Man From Left: B2B doesn’t get talked about very much because it’s boring. But I mean, the stuff that works in B2B, it’s blogs, it’s pod casts, they rock, they absolutely are killing in B2B. Look what Microsoft is doing with channel 9 and with it’s blogging and there’s a huge success in B2B channels. But there’s not a lot of sexy stuff. It’s not like YouTube. Not a lot of contests but very mainstream.
[04:58]
Mike: So and there are a lot a great companies here for everyone back home that are doing some great B2B stuff. Help Spot, you know, Radiant 6, doing a lot of stuff on the B2B side. Using social media to get more sales, to get more revenue, the whole nine yards, so definitely, yeah…
END OF VIDEO CLIP
[05:15]
Matthew: So I think Chris brings up a great little anecdote about how, you know, B2B is still selling to people. I think kind of Mike cued that up as part of his introduction. And creating compelling content is still going to when whether you are in B2B or B2C.
[05:35]
Dave: That’s right.
[05:36]
Matthew: Great story about a B2B hardware company was able to take advantage of online video as well as social media. You know, that’s what YouTube kind of brings together as a social community around video. And use that to talk about their product but also expose a little bit of their personality. And I think that’s ultimately sometimes what B2B marketers are afraid of because there are multiple decision makers.
[06:02]
Dave: Right. I mean, if you think about it, for a B2B video to get 149,000, which is no small feat in and of itself.
[06:09]
Matthew: Right.
[06:10]
Dave: You get the one person…you don’t even get a lawyer involved in this. It’s the guy in marketing who goes, can you take it off? And, you know, it’s a common thing that we talked about for, you know, episodes in the past about outdated ideas what marketing is these days. You know, it’s going to hold your company back. It rings true even on the B2B side that even though it’s YouTube, it’s different market, blah, blah, blah, it still works. You got to get your content out there.
[06:40]
Matthew: Still got to be, you know, I think it was C. C. Chapman who said last week there are two primary ways that you got to create content. You can do it to educate, or to entertain.
[06:49]
Dave: Right.
[06:50]
Matthew: And especially in the B2B world, that rings true that you can, you can, you can create what’s perceived as compelling content in those two ways.
[06:58]
Dave: Yeah, even&nb
sp; if it’s entertain, it’s still, it’s still getting your brand out there.
[07:01]
Matthew: True.
[07:01]
Dave: It’s still getting the eyeballs.
[07:04]
Matthew: So entertain would probably be best used for the brand awareness piece.
[07:08]
Dave: Right.
[07:08]
Matthew: Although you could probably use some entertainment to get some demand generation, and lead capture.
[07 :14]
Dave: Right.
[07:14]
Matthew: Maybe not so much in the B2B world. Certainly educational content is gonna, is gonna be the way that you get those inbound links and you get leads coming in.
[07:26]
Dave: Right.
[07:26]
Matthew: So, moving on. Dave, you and I actually went to a MyTechs event a couple of weeks ago. It was a meet up, a tweet up.
[07:37]
Dave: Yeah, for Chris Brogan.
[07:38]
Matthew: It was a book signing for Chris’s book. And we had the opportunity to take a few folks aside and ask them a few questions, and get their reactions on camera. One of them was a local online video marketing superstar.
[07:53]
Dave: Steve Garfield. Yeah. Yep.
[07:53]
Matthew: Steve Garfield, of SteveGarfield.com. We asked him a few questions and had some great insights both in terms of…well, you know what?
[08:04]
Dave: Let‘s just watch it.
[08:05]
Matthew: Let’s just let Steve do the talking.
VIDEO CLIP
[08:10]
Steve: And I think in Boston, we have an amazing social network of people, that like, actually for this week I’m going out every night of the week for a social media event. And I get to meet all these different people and some business might develop out of that, so I think the environment for companies to come into Boston, and who are in Boston to participate in this social network of people could be very valuable to them to find employees. For me it’s very valuable, because I find people that I want to work with or that want to work with me, and it’s all this situation where you know them. And there’s really no resumes forwarding around. It’s not show me a resume to get to know you and then they’ll hire you based on having met you and gotten to know you and in a social way. It’s great, really.
BREAK IN VIDEO CLIP
[09:04]
Steve: …event is open and free. And I’m a proponent of free events. And I think that opens it up to more people being able to attend. And there’s a number of events in town that end up being paid events, and I think that keeps people back from attending. When you have a whole week of free events and there’s one that costs some money. So I think that being generous and hosting this one without having like a cover charge, encourages people to attend. So if they want to sponsor events to be able to make more things like this happen, that would be great.
BREAK IN VIDEO CLIP
[09:47]
Steve: Sometimes I’m wondering if the sponsors end up buying a speaking position to sell their product. And that ‘s something, you know, I don’t like to end up sitting in a conference and saying oh, here’s some selling.
[10:00]
Matthew: Right.
[10:01]
Steve: So when I run my events, there’s no sales allowed. So the combination of having it be a paid event with the possibility of the sponsors getting a minute to talk about their product, I mean, I understand that, but I don’t really like it.
BREAK IN VIDEO CLIP
[10:22]
Steve: Online marketers need listen. Right? And they need to go out on the web and listen to what people are talking about and saying. So, now you can use tools that some of the sites have in-built like Twitter Search, which is at search.twitter.com. And you can key in your company name and you can see what people are talking about. But there’s a whole nother level of tools that companies can use to help them find out what people are saying, when they are saying it, how much of an influence certain people have. Like when they say something on Twitter, who re-tweets it, and you know, who are the thought leaders and trust agents out there. So I think that some of these tools that analyze how we’re, people are saying things about you, are something that companies should look at. And then, to take that one step further, look at tools that would help the company join in on the conversation and respond, and you know, share and let other people know what the conversation…
END OF VIDEO CLIP
[11:30]
Matthew: So, a couple of great insights from Steve. The first question that I asked him was what is it about Boston that technology companies as well as technology workers need to understand in order to kind of see what’s really great about Boston. And I thought he had some great insights in terms of if you work here and if you’ve…you know, for me, I grew up in this area. I went to school in this area. And I live and work here, and I kind of got used to how great it is here. Dave you’re a transplant from a different part of the country…
[12:02]
Dave: Yep. Originally from New York.
[12:03]
Matthew: Originally from New York. Which isn’t really that far away, but…
[12:07]
Dave: Well, I mean, it’s coming from…it‘s a totally different environment. It’s a totally different market. You know, when I came up here I had…didn’t know Waltham. I didn’t know downtown, didn’t know where all the hot spots were. I learned it through time.
[12:20]
Matthew: And have you found it? I mean have you found that this obviously you’re still here, so…
[12:24]
Dave: Yeah, absolutely.
[12:26]
Matthew: This professional move is probably a good move for you?
[12:27]
Dave: Absolutely. I felt New York, for as great as it is, it’s tough. It’s a tough market. And up here I felt that there is a lot of opportunity for me. My wife and I feel like one of the greatest things we did was come to Boston, so…
[12:41]
Matthew: Cool. And then we talked with Steve a little bit about all of the events that do take place. A sponsored versus non-sponsored, paid versus non-paid.
[12:52]
Dave: Right.
[12:53]
Matthew: Clearly Steve has a pretty clear preference for free. But I’d like to ask the folks that are watching if…You know it’s very difficult to, as an organization, let’s say MyTechs was hosting that particular event, to have free events all the time.
[13:10]
Dave: Right.
[13:11]
Matthew: I mean, MyTechs is the premiere organization that brings together innovative technology and technology companies and you know, they, it takes money to do that.
[13:23]
Dave: Absolutely.
[13:24]
Matthew: Can’t give it away free all the time. I, myself, I do like free events, of course, who doesn’t like free? But I’m not adverse to paying to go to an event if the panel seems worthy of, you know, a few bucks, so I’d love to hear your thoughts on that.
[13:38]
Dave: And I think not just the panel too, but I think just the people who would go to events…take for instance the Inbound Marketing Summit. I mean, I would tend to think that you would get more people…
[13:48]
Matthew: The Inbound Marketing Summit was like 700 bucks a ticket, right, for two days?
[13:52]
Dave: Yeah, I mean, I think the people you would meet there would be more people you’d want to know.
[13:54]
Matthew: Uh-huh.
[13:54]
Dave: …some of them more, better decision makers that if
you’re looking for a job or you’re looking to network…
[13:59]
Matthew: Sure.
[14:00]
Dave: …that these are the people you would really want to engage with. Would they go to a free event that often?
[14:03]
Matthew: Keeps out the riff raff. Quite honestly, I mean candidly, that’s what it does, right?
[14:08]
Dave: Right.
[14:09]
Matthew: And then finally, online marketers need to listen. I think that was a pretty simple, but yet still insightful bit of advice from Steve. There’s a…and we talked about this on the show a lot…there’s a conversation about your brand that’s happening online.
[14:24]
Dave: Right.
[14:25]
Matthew: Whether you partake in that or not, it’s still happening. People are twittering about you. They’re blogging about you. They’re having this discussion online, and if you’re not listening to what’s happening, you’re letting someone else take the initiative on your brand.
[14:41]
Dave: Right.
[14:42]
Matthew: So, good advice from Steve on that.
[14:44]
Dave: Well, actually one other point that Steve wanted to make was regards to social networking and to, you know, the whole thing about linked in, and it’s not just about getting, knowing people on linked in and connecting that way. It’s about getting out there and getting to these events and networking that way as well, getting face time.
[15:02]
Matthew: Right.
[15:03]
Dave: Because you could meet one person and then just grab a whole bunch of linked in links and not actually know any of these people.
[15:10]
Matthew: It’s not a genuine connection.
[15:11]
Dave: Right. It’s not a genuine connection. By going out there and putting a handshake to the username I guess, is I think, the best way to get out there in the market.
[15:21]
Matthew: And some of the folks that we’ve shown today on the video portion of the show are the masters of doing both sides of that.
[15:28]
Dave: Exactly.
[15:29]
Matthew:…both networking online and being relevant and creating that both educational and/or entertaining content as well as getting out there. I mean Steve mentioned he goes out almost every night. Every other night.
[15:41]
Dave: Right. That’s a lot.
[15:43]
Matthew: To meet folks and put faces to names, so that’s important. Love to get your feedback on how this new technology’s going. Anything we can do to improve or just do better in any way. It’s a little, it’s gotten off, it’s gotten me off my mojo, I don’t know about you.
[16:04]
Dave: Well, it’s…
[16:05]
Matthew: To see myself in the camera and to see the picture in picture, so. What are your thoughts on how we’re doing so far?
[16:11]
Dave: I think great. I think, you know, obviously it puts a new spin on the show.
[16:13]
Matthew: Yeah. Yeah, another thing to worry about.
[16:16]
Dave: If you’ve watched the show in the past, you’ve noticed we’ve tried to do this in the past. Put it on video in the back, it’s a little awkward. The transition isn’t as nice.
[16:24]
Matthew: Can’t see it.
[16:25]
Dave: Can’t see it. Can’t hear it, so you know, some of those complaints that you’ve said in the past, we are listening, and I know Matt has worked hard to make this show progressively better.
[16:34]
Matthew: Well, we all have. And you’ve definitely contributed as well, as well as Abba and Chris and the rest of the folks, so…It’s a great technology, certainly allows us to get more people on the show virtually.
[16:49]
Dave: Absolutely.
[16:49]
Matthew: I mean we can go out and see Steve and ask him to sit down, and ask him 4 or 5 questions. And then put him on the show when he doesn’t truck all the way over here and be here Thursday at 3 o’clock.
[17:01]
Dave: Exactly.
[17:01]
Matthew: So I’m really looking forward to utilizing this going forward. But once again, leave us some feedback on what you thought, if it’s working, if you can hear it, if you can see it, anything you want. So as always, we’re really interested in feedback. We did have the next clip was another industry expert on the subject of viral video, so let’s see what he has to say about getting video online.
VIDEO CLIP
[17:30]
Expert (Dave): Has this ever happened to you?
[17:32]
Man’s Voice: Calsinger, what are we doing about YouTube? We need to be doing this now. All our competitors are already doing YouTube. Why haven’t we done it? Figure it out.
[17:40]
Expert (Dave): Well, wait no more. Here at IWantMyViralVideo.com, our patent pending algorithm can answer the YouTube question once and for all. You can test drive the iwantmyviralvideo.com system with 30 day test drive before you buy it. You’ll go viral for it.
END OF VIDEO CLIP
[17:59]
Matthew: So that was a clip from a campaign that we launched with Dave, obviously. Geez, I don’t know, 6 months ago or more?
[18:07]
Dave: Yeah. Probably in the winter of this year.
[18:10]
Matthew: It was a little bit of a parody on kind of that hype that’s built up around video. Everyone wants a viral video. How do I make my video go viral? As someone who works in online video company, I must get that question asked of me at least one or two times a week.
[18:28]
Dave: Well, it’s easy. You go to I Want My Viral Video and you just make it.
[18:32]
Matthew: So check out iwantmyviralvideo.com. You can see more of Dave doing his best impersonation of Crazy Eddie.
[18:39]
Dave: Crazy Eddie.
[18:40]
Matthew: And all your viral video needs will be answered on that site. Check it out. So next up, I’d like to play a quick video that we worked on with David Meerman Scott. He went around the world and asked people some questions. And Chris actually put together this video which I think is a pretty cool synopsis of what he found out, so Dave, uh, Chris, why don’t you roll the old 5 questions.
VIDEO CLIP
[19:07]
David: Ok, so I’m here in Istanbul. Riga Latvia. Estonia today. Lithuania. Hi, I’m in Zagreb Croatia. We’re in Boston. We’re in Wellington, New Zealand, today. I’ve done this in Estonia, Latvia, Lithuania, Turkey, all over the United States. Here’s the first question. In the last 1 to 2 months, either privately or professionally, have you answered a direct mail advertisement? Zero. Oh, I’m sorry. We’ve got, let’s call it 5% of this room. 4% of the room. 30% . I got 3, 4 people, 5 people, ok, we’re up to 4% of the room. Looks like I’ve only got 2 hands. Have you gone through the telephone directory? The Yellow Pages? The telephone directory? Has anybody done that in the last several months? I see zero hands. 2 we got 2 people. No hands. That would be zero. In order to research a product or service that you might want to buy, have you gone to mainstream media? That means magazines, radio, television, or newspapers. That’s 20% of the room. I’d say that’s 10% of this room. Let’s call that 4% of the room. Have you gone to Google or another search engine? Google or another search engine? Look at that. There’s 100% of the room. 100%. 100% of the room and one person in the back playing (?). Do you believe that’s 100% of this room. Have you tapped your online network? That means used email, Skype, Twitter, Facebook, and somebody sent you back an answer to, which was a URL, a website you visited? How many people can answer yes to this question? I’m gonna say that’s 85% of the room. 95% of this room. That’s 80% of this room. 80%. 90%. I’m gonn
a turn the camera back to myself, and say see I told you. All over the world. We’re here in Istanbul. All over the world, people answer that question exactly the same way.
[21:32]
Matthew: So you can see, that video and others on David’s blog, Web Inc. Now. Highly encourage you to check it out if you haven’t done so. Dave is a great speaker and online video, online marketing, and just an expert. He wrote The New Rules of Marketing and PR.
But, you know, it was pretty cool how Chris was able to put that video together. You can literally see everyone answering the same way, whether it’s in Istanbul, or Boston, or Philippines, or wherever it is. And it shouldn’t be any surprise if you’re out there marketing to anybody whether it’s B2B or B2C, the traditional media is not where…
[20:15]
Dave: No.
[20:15]
Matthew: …people are going to find the answers to their informational needs. They’re going online. They’re searching. And if you’re not present online whether it’s your online, your website, your main website, your blog, your Twitter account, your Facebook fanpage, your YouTube account. These are all places people are going to find answers about things that will help them solve their problems. And if you are offering a product or service to help people solve problems, which …
[22:45]
Dave: B2B or B2C
[22:46]
Matthew: …everybody’s doing, you are missing out on a tremendous shift in the way people are buying online, so check out Web Inc. Now, and also follow David at @DMScott on Twitter. He’s got a lot of great stuff to say. What did you think about that video?
[23:03]
Dave: Yeah, I mean, to exactly to your point. I mean, it’s the whole shift. It should come to no surprise. You might say ahh well that’s David’s audience they’re probably shifted towards that to begin with. That’s why they’re there. But not really. That’s how people are thinking. That’s how people are buying these days.
[23:18]
Matthew: I mean, I would almost say the opposite. You know, I’ve seen David speak a bunch of times, and, you know, I think I get the gist of it.
[23:27]
Dave: Right.
[23:27]
Matthew: I’m definitely a convert. I’ve read the books, and I would probably not go to see Dave again. I mean, I would if it was convenient to me, but I would probably say I think I get it already.
[23:42]
Dave: Right.
[23:42]
Matthew: Where as the folks that do go probably say…
[23:44]
Dave: I don’t get it?
[23:45]
Matthew: I need to learn something.
[23:46]
Dave: I see. I see.
[23:47]
Matthew: And yet at the same time, they probably understand it more than they know. Does that make any sense?
[23:53]
Dave: Yeah, absolutely.
[23:54]
Matthew: So, yeah, I confused myself on that one. (laughs)
[23:58]
Dave: Nah. You made your point. I understand.
[24:01]
Matthew: Alright, so I think this technology has definitely confused me enough for one day. (both laugh) Once again feel free to send in some tweets, send in some iTunes reviews. You can check us out on iTunes VisibleGains.com/iTunes. And you can also check out our Facebook page and any other way you want to give us feedback on what you saw here today. If it worked, if it didn’t work, anything. What do you got, Dave?
[24:33]
Dave: Yeah, exactly, I mean this is all…
[24:35]
Matthew: Exactly. (laughs)
[24:36]
Dave: This is all brand new and we look for more good things to come in the next few weeks as we introduce more ways for people to interact with the live show.
[24:47]
Matthew: And get better.
[24:47]
Dave: And this whole transition, this awkwardness goes away.
[24:52]
Matthew: So next week, speaking of future weeks, we will be talking Thursday at 3 o’clock with Larry Webber.
[24:49]
Dave: Absolutely.
[25:00]
Matthew: I’m excited about that. Larry was going to be on the show a couple of weeks ago. Had to reschedule due to a prior commitment. But he is the author of the recently released…he’s the author of several books…but recently, Sticks and Stones, which is all about managing your brand online and dealing with the trials and tribulations of negative comments and that sort of thing.
[25:23]
Dave: It’s a great read.
[25:24]
Matthew: So we have a quick sneak peek on what we’ll be talking with Larry about. And that’s how we’ll end the show so ‘til then, we will see you next week. Thursday, 3 o’clock. I’m Matthew Mamet.
[25:37]
Dave: And I’m Dave Kilkenny.
[25:39]
Matthew: Take care everybody.
VIDEO CLIP
[25:41]
Larry: Hi, I’m Larry Webber and I’ve been in marketing for about 30 years now. I’m most known for building the largest technology PR firm in the world that was called the Webber Group. I built the largest PR firm in the world, Webber Shandwick. My last group of companies which is called W2. I also started MyTechs. Why did I decide to write Sticks and Stones? What does it mean to influence people? At any time, somebody can click on a blog to find a negative comment about you. There’s a bigger issue going on here. Brand influence and reputation are all becoming one. I mean, You’re gonna have to create the environments people want to learn, share, meet up, but also, buy things.
BREAK IN VIDEO CLIP
[26:24]
Larry: You know I look forward to being on PTV, you know in a few weeks.
END
