Blog Talk Radio Learns Monetization and Forces Endorsements

btrlogo I am a really big fan of Blog Talk Radio and have met Alan Levy, John Havens, Lisa Padilla, their newest addition, Kris Smith, and have spoken to others in their organization.  They are a bunch of great people.  They have a super application that is easy to use, is free for its users, and overall they have allowed me to have a radio/podcast show where I otherwise would not have had the ability or technology.  I can use something I am familiar with using, my computer and my phone.  I have done numerous shows on Social Mediasphere Radio and on Blog World Expo Radio and have praised them at every step.

This is why it will be difficult for me to shell out some harsh criticism now.  It is more than a small matter to me.  The have moved to their next level of “monetization” of their application.  After all, companies must make money and this is new territory still and companies are working hard to figure ways to get into the black.  I know first hand of companies that are making this a priority for 2008.  There has yet to be a surefire way for people to do this besides the obvious, advertising.  Blog Talk Radio is no different.

I received this email from Frank Neill, Director of Advertising, today that indicates that they are moving into this next phase of monetizing their application.

Dear Host,

Thank you for being such an important part of  BlogTalkRadio. BlogTalkRadio just recently passed 52,000 shows since we launched the company in the fall of 2006. We have created a community of thousands of hosts and millions of listeners. And, through the RevShare program, we are all in this together!

Obviously I am not the only one that loves the program and their system.

In January 2008, we launched a RevShare program where our hosts have an opportunity to participate in the revenues earned from advertisers. If you have not yet joined our RevShare program, you can do so by completing the RevShare form located at [link omitted].

I am always happy to earn money from my efforts and if a company is using my content and my participation to earn that revenue, I think it is actually only fair that they offer me a piece of the pie.  But this is where the email turns south for me.

RevShare hosts will earn 35% of all revenue for advertising from their shows, and they can earn 50% of revenue from their sponsors that they bring to BlogTalkRadio. With our RevShare program in place, participating hosts will earn money for downloads and page impressions they generate. Keep in mind that BlogTalkRadio will serve ads on your show even if you have not opted in to the RevShare program. [emphasis added]

Big scratching noise across the LP for that last sentence.  If I’m to understand that paragraph, I can opt in to be paid for my content on Blog Talk Radio and they cay earn money and I can earn money, but if I don’t opt in to the rev share, they are going to put ads on my content whether I like it or not.  Huh?  What if I don’t endorse the product that is being advertised on my content?  Perhaps I have a religious, political, or moral reasons I don’t want to have a certain company using my content for their gain.  The tone behind it is one that is difficult to swallow as well.  “We’ll do it whether you like it or not.”  I know that was not the company intent.  A conversation with John Havens confirms it was in no way the company’s position.

The email goes on to say how they will be paying out for the revenue earned, and then talks about some ads already in place for “Run In Network” ads that run on all shows.  Examples given are “LifeLock, AccuQuote, Rosetta Stone and Internet Speedway.”

What if I don’t want Internet Speedway showing up on my content.  What happens if I am a direct competitor of theirs?  I have no control over their being splashed across my Social Mediasphere show?  I don’t endorse or approve of their business, but I am now forced to accept that forced endorsement?

To me as a business owner it is unacceptable.  Would I pay for ads not to appear on my shows or would I pay for a “pro” account” to control my own ads?  I probably would given the benefits I am receiving, but to put an add on my show that I do not endorse or don’t want is madness.  John made mention that this may be an offering that will later be put into place.  Yes, growing pains are just that, painful.

I have spoken to John Havens at Blog Talk Radio for comment about this and as always he is the very professional and asked that I speak directly to Frank Neill the advertising director. I will certainly post a follow up to that conversation.  I’m also about to scour the terms of service as it may reveal something I have missed.  I guess I don’t often rant about things here so this is new ground for me, but I guess I should ask, “Am I making a mountain out of a molehill?”  How about suggestions for the team at Blog Talk Radio?

UPDATE:  If anyone had any doubts about how cool the team is at BTR, check out their response from Frank Neill in the comments here.  I also want to reprimand myself for forgetting to change the title here after I spoke the first time to John Havens.  I changed the content but forgot the title.  I wont change it now but I think more appropriate title should be more like “Blog Talk Radio Enters Monetization and Learns How Hard It Can Be To Make A Buck.”  My hat is off to them as they give away the cow and try to sell the milk to their users.  I think a new post is now forming as well.  Are we too used to getting things for free?

Firefox Beta 3: Will it cure the boat anchor memory leaks?

firefox-wordmark-vertical I have been waiting for the newest release of Firefox as I understand it will help cure my memory woes with the boat anchor*.  I was glad to read on Techeme as reported by CNet News that Firefox has now come out with its latest version in beta.  I ran right over and downloaded the latest version before even thinking of the consequences.  Consequences?  Yeah its the new beta version and all of the extensions and add-ons and even client applications are no longer operable that I had installed.

I assume that companies are scrambling to make their toolbar applications work with this latest version.  I am not sure how hard it will be to update all of those companies like Stumbleupon or others that are no longer on my extensions but I hope they move quickly.  It is funny how we become accustomed to having things work.

The problems with the boat anchor?  Well, I’m sure that those troubles will continue until we have a burial at sea, but for the most part, the memory seems to work a little better. 

*What I like to call this joke of a laptop with little to no memory I am forced to use.

A New Fox In The Yahoo Hen House

Silicon Alley Insider is discussing the fact that Fox News Corp. is trying to make a back door deal with Yahoo. In the words of my friend Dave Taylor, “so what?”  Apparently, Yahoo will do anything not to fall into the hands of Microsoft or do they actually realize this is inevitable and they are trying to make Microsoft hurt a little when they raise the stakes.

Mike Arrington goes into a little more detail about what the deal may entail as it relates to what money or assets would trade hands or at least be a part of the deal.

According to our source, the deal structure would spin off Fox Interactive Media (the primary asset is MySpace, but IGN, Scout Media, Photobucket, Fox Sports, AmericanIdol.com, Flektor, Ksolo; plus investments in Hulu, Simply Hired and Snocap are also assets of FIM) into Yahoo, along with a big cash injection from News Corp. and an unnamed private equity fund. The total investment would be valued at around $15 billion.

I’m really failing to see what the benefits are to the shareholders of Yahoo.  They after all are the decision makers here.  Besides a big dose of cash what are the shareholders really gaining as it values their stock?  MySpace may be a nice carrot, but not something Yahoo really needs.  I doubt Myspace has the momentum to pull Yahoo from its current slide.

My thought is that this is a deal that is really just going to make Microsoft really hurt when they write that check.  Yahoo wants a competing offer to make sure that Microsoft must raise its own offer.  I think that Yahoo sees the writing on the wall but is doing what they can to make sure they go out in blaze of glory.  Of course at this point with all of those 1,000 employees now looking outside Yahoo for jobs, glory is a relative term.

We Live In A Google World

I have been preaching to people as long as I remember that “We live in a Google World.  I happened upon a post today by Owen Thomas (no I’m not a Valleywag reader, I thank Techmeme) about Google and its global market share.  He refers to a chart done by Efficient Frontier Insights showing the market share of the search engines across the globe.

globalsem

Obviously as the chart shows, Google is enjoying the lion share of search marketing.  Some say it is because they are more targeted with their technology.  Others say it is because they have more advertisers and more publishers.  I think it is because they do search better than any other company.  It will be interesting to see if Microsoft is able to capture a little more piece of the pie and if they can put a dent in the market share owned by Google.  When I hear that Yahoo is thinking of outsourcing  its search to Google, it does not give me much confidence that Microsoft is getting the best in search from Yahoo, and obviously its search engine at MSN is not making much of a race of search in its own right.

UPDATE:  For a deeper analysis check out HipMojo.com

New York Times Must Adapt or Die?

As I looked over some of my feeds in my RSS reader today I cam across a piece written by Marc Andreessen about the deathwatch of the New York Times.  His sarcasm in the piece makes it a fun read in spite of the message.  His take as I read it is that unless changes are made in the way they are doing business, they will soon be out of business.  I tend to agree with Mark Evans piece that the New York Times must change the way they do business or perhaps the deathwatch will be a credible idea.  We have already experienced the death of a newspaper after 126 years in business. 

As traditional advertising takes a turn in its direction, older traditional media will have to adapt to go where the money is and change their business models to keep revenues that they are losing to online media.

New Beginnings For A Social Media Consultant

Some crazy things have been happening here at One By One Media since we walked into the airport in Las Vegas, Nevada at the Blog World and New Media Expo last year.  The craziness began as just a simple presentation at the Expo and has since snowballed into lots of new business, many new professional bloggers coming to our pool of talent, an east coast trip for another fun presentation, the holiday madness seasoned in with the year end, and finally ending the year with a change in leadership here at One By One Media.

Those that don’t already know of the leadership change I speak of, Tris Hussey my long time partner has gone on to tackle more exciting adventures with the very cool people over at b5 Media.  This move provided Tris with a little more stability and really focuses his talents on what Tris does best.  I am very sad to have this change, but we are striving to make the transition with as little mess as possible.

So where do we go from here?  I liken it to a new journey and a new beginning.  I have been making the adjustments to the transition, have been working with different people to accomplish some of the tasks Tris was doing, and have moved on to making One By One Media the leader in the social media consulting world.  That may seem like biting off more than I can chew, but then again, that is usually my case and par for my course.

I look forward to reconnecting with old friends and new friends.  I continue to help clients that are veterans of our services and clients yet to be discovered.  I’ll be talking more about them and what they do, and more about what we are doing for them.  I’m very excited to pick up the slack that has been the case here and I am blowing off the dust a little and cleaning up the rust. 

We Are Here, We Are Blogging, We Are Evolving, We Are One By One Media

Many of you have come by here and wanted to know what is going on in the world of One By One Media, and why we have been dormant.  There are many reasons( you know what they say about excuses), but the biggest of which is we are terribly busy, and suffice it to say that in this case, blogging here seems to have taken a back burner priority.  Those darn clients and customers can be so demanding!

We were recently out in Las Vegas at the Las Vegas Convention Center attending, exhibiting and speaking at the Blog World and New Media Expo last week, and I for one am trying to get my feet under me again from what turned out to be a smashing success for us here at One By One Media and for Bloggers For Hire.  I am working on a recap post with photos and all kinds of information and I will be posting that shortly.  I was so glad to get to meet many people in our blogging industry, (yes we are now our own industry) and actually meet in the flesh those that I feel I have known as colleagues and friends online for a long time.  We are about to launch a new look and feel at One By One Media, so stay tuned for more of that soon.  For now, we are trying to get back into gear and up to speed.

The New Era of Social Media: The Growth Stage and Education

On the same vein as my lost post regarding a blogging hiccup or what I see as a new era of business blogging, we are now at a crossroad of corporate advertising, marketing and PR online.  There are many forward thinking companies that are early adopters, and especially in the technical world where technology is seen as a tool to harness if you want to succeed.  So where are we in the adoption of social media as it relates to the rest of the companies and corporations?  We are at a new beginning, the stage of educating the rest of the world. Those companies that didn’t get it, the ones that want to see what the early adopters did and what worked and what didn’t.

800px-ProductLifeCycle We have seen it in our own business model here at One By One Media and Bloggers For Hire.  We really didn’t have to sell real hard to get companies that were contacting us about business blogging and hiring bloggers.  They wanted to adopt the technology and they wanted to make it a part of their online presence.  They were already sold on the idea.  All I or any other social media consultant had to do was implement the tools necessary for the company to join in the social media world.  We had the good life then, and our sales were self fulfilling prophecies.  Now we are in the education stage of the rest of the world.  These companies and corporations are not yet sold on the idea of social media.  In fact, I think it was stated best in a post and thread at the newly canceled Blog Business Summit.

Steve Broback wrote:

Like the Lambada, I don?t believe my original, 1990?s era event model is nearly as viable as it used to be, and certainly not so for the BBS. The BBS really never attracted the huge numbers of marketing and PR types that clearly *needed* to learn this stuff. I tried very hard with the Chicago event to attract that demographic and our efforts washed up on shore like a dead fish.

In addition, we emailed, snail mailed, and telephoned 250 CTOs and CIOs and invited them to come and learn how Wikis and blogs can enable internal knowledge sharing. They were terrified, and only 3 signed up. A couple even said they were ?too busy? with their current efforts to reign in email overload to take the time to attend(!) (emphasis added)

This was a very astute thought and a comment by Kevin Hillstrom about the event:

In the posts of the past two days, one can see that you feel hurt by spending so much time and effort to evangelize something you believe in, only to have to make tough choices that may, on the surface, appear contrary to what you?ve evangelized over a period of several years.

It will probably be hard, but try to not blame people who ?don?t get it?. It is just as likely that people failed to do a good job of educating folks as it is that people ?don?t get it?. You?ll never know which of those two issues is the right one.

Teresa mentioned that companies that don?t get this are ?sunk?. They aren?t. They are simply missing an opportunity to improve the performance of their business.

When the conversation turns to picking on the ones who you are trying to evangelize, you make it that much harder to be successful in the long term.

Don?t feel bad about having to cancel something you so strongly believed in. Spend your efforts moving forward, showing folks that they can benefit by doing what you?re suggesting, and that what you?re suggesting is evolving and changing every day.

I sent two folks to your conference last year. One of those folks made a difference in her organization, armed with the knowledge she gained. Know that your efforts do help others who have an interest in your subject matter.

Kevin’s comment is spot on in my opinion.  We will need to show the examples of the past early adopters.  We need to take those examples and show the rest of the corporate world how the companies used the tool and how it benefited them and provide hard numbers for those companies to see for a return on their investment. As mentioned, Teresa stating that companies not adopting this social media tool are not sunk, but if companies want to differentiate themselves from their competitors, they can, if not, they are missing the opportunity.  I think we agree on the fact that if a company misses out on enough opportunities, sooner than later they will eventually sink  and die.  It will be up to them if they sink or swim, but it is up to us as social media consultants to throw them a life raft if needed.

So where do we go from here?  Now is truly the call for social media consultants to become evangelists. It’s time to stop preaching to the choir and truly find followers that want to succeed in business using social media tools.  Now is when we have the tough sell.  The easy sell is a thing of the past.  Pull in your numbers, get those examples ready, and show what you have done, and what you can do in the future.  It’s not going to be the easy contract that you get now, but one that you truly earn.

A One By One Media Client Makes The Wall Street Journal

It’s not often we get to toot our horn around here, but when we can, I like to play it loud and play it often.  I was reading through the comments section of the blog and noticed that Alex has given us a link to a Wall Street Journal article by Sarah Needleman entitled Blog It and They May Come. The article discusses small businesses and their blogging campaigns.  It was a nicely written article and it does point our some of the problems we see from small businesses, this blogging thing is work.

To my pleasant surprise, about half way through the article I saw a familiar name.  I was looking at a past client that used our services and is now being interviewed and quoted in the Wall Street Journal!

Making the Link

Ty’s Toy Box Inc., an online retailer based in Erlanger, Ky., has lured people to its blog about trends in the toy-licensing industry by having other blogs and Web sites link to it. The company arranged a link-exchange agreement in April with TheToyGuy.com, a Web site from toy-industry expert Chris Byrne that features news and product reviews.

“We coordinated it so that occasionally our blog and Chris’s blog are about the same issue, but from different perspectives,” says George Stolpe, vice president of business development and media relations for Ty’s Toy Box. The two blogs link to each other in each post, he says.

Ms. Melberg says the links help boost a company’s search-engines ranking because blogs recommended by external sources rank higher than ones without link referrals.

According to Mr. Stolpe, Ty’s Toy Box pays a free-lance writer to maintain its blog and says the total cost for it is “a very minimal amount.” He says while he can’t quantify the blog’s role in the near-triple-digit average growth in sales every year since its start, he has no doubt it has played an important part.

After seeing that I was proud of Ty Simpson and George Stolpe for sticking it out and seeing the power of blogging.  They paid one of our bloggers for a while and decided on a different path but finally stuck to it in the long run and now they are a feature in the Wall Street Journal.  I’m not saying all of our client’s will be this much of a success, but if I have anything to do with it you can bet I’ll try!

Join One By One Media in Chicago at the Blog Business Summit 07

BBSChicagoSponsor One By One Media is once again a proud sponsor of the Blog Business Summit in Chicago, September 17-19, 2007.  We were a sponsor last year in Seattle and it proved to be some of the best marketing money I have ever spent.  Money is tight in every small company, but if you plan to attend any social media type conference this year, this one is the one you should choose to attend.  If you are a large company, you better attend so as to compete with the smaller businesses wanting a piece of your social media pie.

This conference is the premiere event for all things business blogging.  Each time I have attended I have learned new things about business blogging, have met new friends, and have made important contacts that were important to my business.  The parties are fun, the hallway discussions are invaluable and they usually have some great food and provide excellent facilities.  This year is their first year in the middle of the country and not on the West coast so I know it will open up some opportunities for the east coasters and southern attendees to get a taste of the fun. 

If you want to attend, and would like to get a discount, of course who wouldn’t want a discount, then all you need to do is enter in a simple code when signing up for the event.  One By One Media has been given a special discount code you can use.  When registering just use P65CHI and you get an immediate savings of $100.00.  Can’t beat it!  If you decide to use this code to sign up for the conference, I will personally give you a free gift!  In order to find out how cool that gift is, you need to sign up and use the code!