Espousing others

In world of media proliferation it’s becoming harder to get someone, anyone, let alone our target audience to listen. A better way than blasting our own foghorn is to espouse others. Something I’ve seen a lot of smart startups do lately is become brand advocates. That is, take a lead role in communicating, promoting and essentially spreading the love for other companies whose values we feel aligned to. It’s even better if we all move in the same entrepreneurial circles. Though it doesn’t have to be this way.

When we share great stuff other people are doing it rubs off on us. Just like proper referencing does in academia. We need to find stuff other companies are doing that we think is worth sharing. Ideas we think rock and companies with cultures we admire.

This is my current love list of other Startups & SME’s

Some of which even loosely compete with each other. This is fine in my view as often the biggest challenge we have in startup land is market development. Helping our competitors, though counter intuitive, can also benefit us. It get’s more people interested in the space, generates mainstream media coverage and can increase market size. This type of thinking would have been a sackable offense in my old consumer goods marketing days. The world has changed.

We’ve always been told it’s better to give than receive and the on-line world is the greatest exemplar of this theorem. It’s also a super way build significant brand credentials and trust. When people trust what we have to say by introducing them to other cool stuff it gives us a chance at gaining our own momentum.

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How to advertise for free

The next post on startup blog will talk more about this whole ‘free advertising’ on the internet stuff: In the interim, here’s the latest episode in rentoid.com free advertising. Which is pretty funny.

By the way, it took 15 minutes and zero dollars and was a great deal of fun after lunch. (and yes, I am on the bike)

[youtube=http://www.youtube.com/watch?v=B1J9EIhCV-k]

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New York Series: Magnolia Bakery – In content is rad.

Still got a few New York stories up my sleeve.

If anyone had any doubt that mainstream media is ‘still’ the most powerful communication tool, here’s some proof. While in New York we just had to check out the famous ‘Magnolia Bakery’.

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The only way I had ever heard of this infamous business was via the TV show ‘Sex in the city’. It wasn’t advertised during the program, but in content. That is, discussed during the show, part of the story. This only ever happens when we have a ‘worthy business’, something worth talking about because it is so cool.On many occasions during my stay the line to get in was all the way down the street. And the cupcakes were tremendously yummy.

And so it proves a few things:

  1. Mainstream media ain’t dead yet.
  2. In content is way more powerful than paid for advertising
  3. Only ‘cool’ stuff ever gets talked about.

Startups,  go make some cool stuff.

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Entertainment is not Advertising

This is clearly a very ‘entertaining’ piece of advertising:

[youtube=http://www.youtube.com/watch?v=riVFSIYUnh8]

The above piece of film is just awesome, entertaining, memorable and even worth ‘talking about’. But here’s how that discussion will flow….

“Have you seen that awesome ad with the little kittens doing the Ninja, break dancing stuff… it is so cool.”

“No I haven’t seen it, what’s it for?”

“Not sure, I think a car or something, it’s just the coolest thing, the cats just look wicked, I wonder how they did it. I love it.”

The above conversation says it all. Great entertainment value, but little brand recognition, or call to action. This piece of advertising can therefore never be ‘Radvertising’.

Startup blog says: Advertising should sell, entertainment is at best, ‘a bonus’.

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