Are markets really conversations? Let's talk about it.
In 1999, four web marketing
professionals published a series of 95 theses about how the internet
would change marketing--and signal "the end of business as usual."This was done at the height of the dot-com bubble, and today,
some elements of The Cluetrain Manifesto read as archaically as as
the corporate-speak the manifesto was lashing out against.
Original post date: 1/7/08
The
95-theses parallel to Martin
Luther's ideas for the Protestant church was indeed a bit
unfortunate, and when you read through the document, you can see the
authors stretching and straining to get to the magic number of 95.But there are some definitely powerful nuggets of wisdom
within Cluetrain, particularly when you look at how they manifest
themselves in the marketplace today.
The end of
"business as usual," or a new player in the game?
The key
premise of The Cluetrain
Manifesto is that with the two-way communications capability of
the internet, traditional ways of doing business no longer apply.People don't respond to corporate-speak.They ignore advertising.The want to communication with human beings, and they want to
feel like they're being heard.
A lot of
this is absolutely true.
The capability to engage audiences and interact with them is
something that just wasn't readily possible with traditional mass
media.The one-way
communications model of television, radio, and print forced
companies to shout at people, rather than talk with them,
particularly as the marketplace became more crowded.
So the
ability of the internet to allow customers to talk back changes at
least part of the game completely.Companies get something they say they've wanted for a long
time--immediate feedback.
But be
careful what you wish for.Are you ready for the parody of your latest commercial on
YouTube?Can you handle
the chatroom your employees set up to talk about the ineptness of
your management?What
happens if all your customers suddenly start comparing the price
lists you've given them?
Once again,
reality stands on the neck of idealism.Sort of.
All this is
pretty scary stuff to most of the corporate world, where control of
information is still a critical function.So when we look at how things have changed in the last eight
years, we notice something pretty obvious: the predicted end of the
corporation has yet to come about.In fact, we don't advise holding your breath on this one.Most companies still communicate with their audiences in much
the same way they always have.And many of them will likely never change substantially.
Why would
they?Does it matter to
you if Wal-Mart posts a blog if their toothpaste is still a dollar
cheaper than anywhere else?In fact, Wal-Mart's blunders in online marketing are infamous
and have investors wondering if the company is straying too far from
its core competency.For
a company who's message is simple--everyday lowest prices--how much
conversation should there be?
That,
however, doesn't mean that the world is standing still around
corporations.The power
of the web as a social medium is growing exponentially, and while
the 30-second commercial hasn't gone away, its application is
certainly changing in Cluetrain-like ways.So is media in general.
Miss the
latest episode of Grey's Anatomy?Or the last three?Watch them online to catch up (you can even replay--as many
times as you like--the limited number of commercials by Lexus, who's
presenting the online broadcast to you).Then talk about the show with fans at any number of other
websites.Want to have a
spot in next year's Super Bowl?Start working on your idea, because somebody will have a
contest.Or if you're
just tired of traditional TV, watch episodes of LonelyGirl15 at
YouTube.
The power of the genie out of the
bottle.
Companies
all over the world are cutting back on traditional media outlet
spending and investing in new channels.A viral marketing campaign can reach millions at a fraction
of the cost of traditional media, and the information comes from a
friend, not a company.
Even stodgy,
staid, struggling GM has tested the waters.Last year, GM held an online contest where people could
create their own commercials for the Chevy
Tahoe, its big SUV.GM supplied footage, artwork--everything needed for would-be
directors to build a spot on their computers and send them in.GM created a special website where people could go to view
the spots and--of course--learn more about the
Tahoe.
Funny thing
happened.Some people
took GM's generously supplied content and created commercials that
talked about how SUVs destroy the environment, how GM was wasting
oil, how corporate America was
being irresponsible.
Within hours, these were plastered all over websites, and GM was
faced with the problem of having its own information used against
the company.
Then a
funnier thing happened.
GM did nothing.
The website
stayed up, even with links to the parodies.People kept conversing.More than 600,000 of them visited the GM site,
and--surprise--Tahoe
sales went up in a down SUV market.For every Tahoe
detractor, there was somebody (not a GM spokesperson, a human) who
liked the vehicle and told others.
GM got it
right by letting people talk without interference.In fact, it got extra points (and sales) by creating the
forum for them to do so.
And GM was smart enough to understand that this will happen whether
it chose to participate or not.
Nearly 30
years ago, a mentor told a BrainPosse member that "people are going
to talk about you anyway.It's your decision whether or not you want to get heard,
too."
The
Cluetrain guys were dead-on.There are new marketing conversations going on, and they're
not going to go away.
People want honest information.And they're not going to take just your work for it. They
want second opinions.
If a company
understands how it can--and should--participate in the process, the
rewards can be tremendous.
It's worth
reading, or re-reading, The
Cluetrain Manifesto.
Even if you giggle at the bits of naivety, you'll also marvel at
some of the insights.