Likable Business by Dave Kerpen (Book Review)

Likable Business Pyramid Dave KerpenThis is a book review of Dave Kerpen’s second book, Likeable Business: Why today’s consumers demand more and how leaders can deliver. Kerpen is the co-founder and CEO of Likable, a social media and word-of-mouth marketing firm in New York. He has also been named the most social CEO of the Inc. 500. I read Dave’s first book, Likable Social Media, and was so enchanted with it that when I heard that he had written a second book, to be released fall of 2012, I ordered it right away. Since the thesis and case studies in Kerpen’s first book seemed directly applicable to businesses of every size and kind, it seemed natural that his consulting experience with companies and social media would easily translate into a more generalized business strategy book.

The gist of Likable Business is that the same key principles of effective business use of social media – to listen, be responsive, and tell stories – apply beyond social media, to business in general. The book is written for marketers and executives at small, medium and large companies who wish to “reorganize not only the way they do business around their customers, but the way they empower their people to become likable leaders.” (6) As Kerpen states up front, this is not a research-based or analytical book – “for data junkies, something will be missing” (6) – nor is it a list or manual for the latest tools to optimize the online presence of a business. You could, however, call it a manual of business etiquette for modern companies of every size, from one-person consulting shops to large multi-national corporations.

Continue Reading

8 Things Indie Musicians Can Learn From Taylor Swift’s Red Release

**If you like this post, you may also enjoy my follow-up post 5 Things Indie Musicians Can Learn From Taylor Swift’s 1989 Release**

Album sales may be plummeting in the music industry overall, but Taylor Swift’s latest album hit the number one position on iTunes’ Top Album charts within 36 minutes of its release last month and remained there for the past three weeks. First week sales were 1.21 million copies, according to Nielsen Soundscan – the biggest first-week figure for a new album in more than a decade. None of this was an accident – it was the result of a carefully orchestrated and deeply creative yet disciplined launch. What lessons can indie musicians take away from the way the upstart Big Machine Label Group marketed Taylor Swift’s “Red”? Sure, Swift’s label probably spent millions of dollars of marketing budget and had relationships with huge retail chains, but there are some lessons for smaller music marketing budgets.

Continue Reading

Identifying Your Super Fan

“Indie band marketing is similar to marketing a small, consumer-focused businesses: a marketing budget that is probably zero to little, and the objectives are finding new customers, keeping existing customers happy and identifying brand.” […more]

I’m so excited to have published my first guest blog post on the digital music distribution site, Ditto Music. These guys are a great source of information for indie musicians, and they also might be a one-stop solution for you if you are looking to license and distribute your music online.

In my guest post, you’ll learn about some simple online tools to help you profile your Super Fan – you know, the fan who loves your music so much they help you market it to others without you even asking. Word-of-mouth is still the way most things go viral on the internet, but it’s also just good marketing to know to whom your music really appeals.

Continue Reading

12 Amanda Palmer Lessons (Not About Kickstarter)

Naked Picture of Amanda Palmer She TweetedI’m not a huge fan of Amanda Palmer’s music, in fact, I admit I haven’t listened to her newest album. This is particularly embarrassing because I was a supporter of her Kickstarter campaign.  But what drew me to donate, and what continues to intrigue me about Palmer, is less her music, and more the gestalt of her success. As an indie artist myself, I got to thinking lately about what differentiates Palmer in a sea of indie musicians. Why has she risen above the noise in such a big way?

By writing this list, I am not suggesting that every artist should emulate Palmer, and I certainly don’t plan to myself. Instead, like David Byrne, I believe we should be inspired by her to think creatively about how to gain exposure for and market ourselves, not just our music. This is what fans really want: they want to be intimate with artists, to connect, to feel moved emotionally through experiencing their art, to feel they know them. All human beings are attracted to (and frankly a little afraid of) people who are unusual, creative and dynamic. As musicians, we may choose, like Palmer, to use that attraction to create exposure for ourselves and our music in an increasingly cluttered musical landscape, with an audience that has a shorter and shorter attention span.

Continue Reading

How About Standardizing The Technologies That Enable Artist Compensation?

Update July 6, 2012: I found a great article by Eliot Van Buskirk (@listeningpost) from January 2012 entitled “One Big Database Could Save The Music Industry” that outlines at least one proposed technical solution. Another solution would certainly be a set of standardized APIs across the software platforms involved, which would facilitate the passing of attribution data more seamlessly. This would certainly speed up payment to artists, and would make it easier for audits of labels and other middlemen to show exactly how many digital plays have been consumed. 

Opportunity Out Of Chaos

Salmon bass and audio equipmentI am concerned that the music licensing/compensation issue has created a polarized debate, but I don’t see a lot of discussion of how to fix the model. I think we all agree musicians (and producers and engineers, for that matter) should be fairly compensated for creating music. We also all agree that there is an increasing amount of music available to consumers for cheap or free, and that is unlikely to change. How do we reconcile these conflicting ideas? Because my business background is in software marketing, I always see things in terms of the opportunities created by technology advancements, bounded by the disorganized nature of the marketplace, especially in new or changing businesses. The music industry is certainly in flux – both in terms of production and compensation. That makes it both frustrating and exhilarating.

One thing I find interesting is how the opinion of the musicians (producers) differs from that of music consumers, and also from that of  industry commentators (who are not creating music themselves, but make money indirectly from  musicians and the creation of music.). We all have different points of view because they are informed by where we make our living. I think there is money to be made in nascent and confused markets, more than in organized ones, and that factor, to some extent, is preventing a model that is more streamlined and thus fairer to the musician/producer.

Continue Reading

Delighting Your Customers With Likable Social Media (Book Review)

The introduction of social media tools has made transparency in marketing not only important, but critical. Social media enhances the ability to listen to what customers and prospects are saying publicly for any size company and brand in almost any industry today.  I would argue that listening to customers has always been one of the key tenets of good marketing, and I agree with Dave Kerpen’s precept that that it has never been cheaper or easier to do so because of social media. There is no longer any excuse for companies to be ignorant of what is going on with both their customers and, I would add, their competitors.

Highly readable, this book is just the right mix of case studies, guidelines and suggestions. I read the book in one beach sitting. It is broken into digestible chapters of 12-15 pages in length, and the style is conversational yet substantial, with suggested “Action Items” at the end of each chapter. (I do always wonder if readers actually stop to write down their answers to these exercises. I just wanted to keep reading the book!)

Continue Reading

4 Factors That Encourage Hashtag Spamming of Twitter Chats

I was physically present (IRL, In Real Life) recently at an event where the Twitter hashtag stream was completely co-opted by twitter spambots. I’ve live-tweeted from a half-dozen tech and cultural events since the beginning of this year, when I first immersed myself in Twitter. I’m very curious about how social media interactions work – and when and why they can go very off-track. When I live-tweet, I try to observe the hashtag stream in real time, usually using Tweetchat.com or setting up a Hootsuite stream. I’ve followed a handful of events remotely via the Twitter hashtag as well, including a recent conference in Boston called Rethink Music (#rethinkmusic). In addition, I participate regularly in a weekly Twitter chat called #ggchat, one of thousands happening all the time in the Twittersphere. Following Twitter hashtag streams has become an integral part of my participation, and that of many others, in this virtual global sociological communications experiment called Twitter.

Maybe because I’m relatively new to Twitter, I’ve never seen a Twitter stream completely taken over by spambots. I found it fascinating and dismaying at the same time. This article in The Atlantic Wire by Rebecca Greenfield gives a good overview of some of the different ways in which Twitter hashtag streams can get co-opted or become annoying. The stream I was on recently was taken over by the Types 1 and 2 spammers which Rebecca mentions: Porn Bots and Jokesters. I didn’t click on any of the links; I could tell the Porn Bots by their Twitter avatars of scantily clad women and the fact they had few tweets, no followers and were following no one. The other category of spammers I saw which Rebecca doesn’t mention I’ll call Job Bots – these are the same as Porn Bots, except the links they promote are to scammy Craig’s List ads, you know: “Easy job! Earn $500 a week using your computer…”

Continue Reading

Personal Branding in a Digital World

What is branding? Is it a tagline, a visual icon, a jingle? Or does it stand for something more? What is personal branding? How are our deepest and most personal values – what we stand for – reflected in what we do online and how we present ourselves in a business context?

I just attended the first in a series of workshops facilitated by Michael B. Maine (whom I met through Twitter). Michael is a specialist in socially responsible marketing and social entrepreneurship, and is both staff and student at the Bainbridge Graduate Institute (BGI), a pioneer in the sustainable MBA degree.

There are so many good things to say about this workshop. The majority of the attendees were members of Michael’s cohort or instructors at BGI, and I have to say: Wow, I have never seen a group of MBA students more excited about being in MBA school. (I am not affiliated with BGI in any way, this is just my personal observation from one evening). I was nowhere near that excited about getting my MBA!

Continue Reading