Here Comes Another Bubble

This was sent to me by someone I just met today. Ain’t it the truth!! In search of the holy grail….and a wad of cash to boot! The video tells the story….enjoy!

The Secrets Behind Many Viral Videos…..Part II: An Apology

My previous post drew some interesting comments from other bloggers but it also profoundly affected the person about whom the article was written. This blog post is to apologize to Dan Ackerman-Greenberg and The Comotion Group. I guess when you don’t have all your facts straight and you declare something in this “delicate” online space it could really harm reputations and I’m here to try to make amends for any damage I’ve caused. I’m also here to represent Dan’s point of view on this subject and his intent when he followed-up to his initial post on TechCrunch in December 2007.

When I initially found the video, I assumed it was a synopsis of the strategies that Dan and The Comotion Group employed to their client base. When I met up with Dan later he was frustrated with what my post implied, specifically using the term, “anti-Christ within the Social Web”. My intent was not to draw further controversy but to allow marketers to see an alternative to traffic building and how to implement it effectively within this space. The problem with the web these days is that every blogger assumes he is a journalist but most do not own those “values” that include depicting the facts first before they publish. Most of the stuff posted these days, mine included, are opinions — the bigger the blog following –> the higher the potential impact (good or bad) it’ll have on the subject matter. So, Dan, I apologize for any negativity this has caused. I truly believe what you guys are doing is remarkable. From a marketer’s standpoint, there is true merit in how you guys achieve success and to set the record straight — without “fakery” or “manipulation”.

Here are excerpts of the communication I received from Dan. I’d much rather put it in his own words so he can clarify his position without interruption:

“With all of the followup posts to the TechCrunch post, the trickiest thing to clarify is the fact that neither I nor my company engages or has ever engaged in most of the “strategies” I talked about in the post almost a year ago. That post was intended to be me, someone with insider knowledge, pulling back the curtains on what companies are doing to promote video virality. Not me claiming that my company ever paid bloggers to fake posts, manipulated hundreds of comments, or tricked anyone into watching videos. Of course that’s not the company I’m building, because that is not a sustainable company.

It’s the same as the SEO industry and the same as companies who help get “MySpace friends” – there are standard practices in the industry that no one talks about or blogs about. The same goes for the video marketing industry – the rules have not yet been agreed upon, but there are clear strategies that people are using (for a few examples see youtube.com/athenewins and youtube.com/illumistream). I was naive enough to be the guy who explained these strategies to the public, which means now I get to be the fall guy (or Antichrist!) for an entire set of marketing practices that I don’t use.

Looking back, I think the reason I posted the article was just that I realized I had some really interesting information that no one else was talking about online yet, and I wanted to get it out there.

The short answer is that clearly, the key to success with viral video marketing (or any video marketing, on or offline), is to make a video that people enjoy and want to engage with. The “strategies” for marketing a video are still being explored, but I’d say that the single best (and most obvious) strategy is to create an awesome video, then send the link to all of your friends. If it’s truly “viral” (“viral” being the situation when on average, one person seeing a video results in that person sending it to an average of at least 1 person ), then sending it out to a few hundred people will be enough of a seed to get it started. If it’s not truly “viral”, then it’s never going to go viral. That doesn’t mean it’s not effective to use video as a marketing tool though. It just means you aren’t going to get marketing for free through peer to peer virality – you’re going to have to go through standard marketing channels to get people to watch your video, i.e. video ad networks. And if a video is compelling (even if not viral), it will engage people to explore your product further (even if they don’t share the video).

The Secrets behind many Viral Videos….the anti-Christ within the Social Web

I have seen many attempts to produce a formula for viral video to drive sales. A lot of the rules are similar but one would argue that “viral” is the result of the effort as opposed to the strategy. Anyone intending on creating viral video can absolutely expect to witness incremental growth in traffic or sales if done right but it can come at a cost. The video below summarizes one of those strategies from The Comotion Group.

I have had the pleasure of working with Dan Ackerman-Greenberg, founder of The Comotion Group. This was the infamous post that was featured in techcrunch titled “The Secret Strategies Behind Many Viral Videos” and the immense controversy it drew. The tactics used by Dan and Matt to successfully get videos to the number 1 position involved using staff to create comments to draw attention to the post and seeding the video in networks, and even faking headlines. Hmm…sounds like something any company would do to drive sales.

In the world of social networking, Rule No. 1 talks about authenticity ie being real. Authenticity has always been a difficult position to maintain where marketing is concerned. Let’s face it — you are selling a product. You have limited time and limited budget. To build authenticity follows a set of new rules. You need TIME — time to build a network…time to build credibility….time to build a legitimate following….Only then can you even hope to drive that traffic or start evangelizing your products. It’s not within the realm of possibility when you have to meet quarter-end goals. Dan has a proven formula that works. If you look at his website, it’s merely a webform. Both Dan and Matt have had such huge success as a result of the article they haven’t had time to even create a website. Yes, it’s controversial…but it can be a potential short-term gain for those who don’t have the luxury of time. The consequences can also be enormous. So…proceed with caution.

Transmedia…how will the next iteration of broadcast television survive?

I read this great article, Rebel Alliance by David Kushner, in the most recent issue of Fast Company. As a pseudo-Indiana Jones fannatic (ie. I was not an over-the-top psychotic fan –> I just loved the movie series), I know what it’s like to be all-consumed with anticipation about the Indiana Jones and the Kingdom of the Crystal Skull that debuted in theatres last week. I owned the series on VHS –> I got each one from McDonald’s years ago when they were promoting it back then. I watched each episode featured on TV in the weeks leading up to the premiere. I was also bombarded with TV trailers, not to mention those posted on Youtube. Unlike TV series, the infrequency of movie premieres lends itself to the advantage of developing the anticipation and hype prior to a debut. Television series cannot leverage that same potential. Or can they? The article speaks about the obsolescence of broadcast television and what can define success in the next iteration as the digital home becomes more of a reality. David speaks of this new buzzword, “transmedia” as defined by Wikipedia as “storytelling across multiple forms of media”. Its growth is driven by the explosion of new media including video gaming, mobile and web apps that allow new forms of content creation. These guys understand that like what itunes has done to music sales, the same environment will dictate a move towards creating an alternative revenue stream for TV/video programming. It’s already happening. On the heels of Hulu (NBC/Newscorp venture), ABC announced it was going to allow free video sharing for all its content, making most video content by both networks ubiquitous. While Hulu has allowed embedding without required sponsor ads, ABC still requires the user to view commercials in their entirety. It’s my guess that the online user may demand alternative forms of advertising as viewing programming online becomes more mainstay.

So, what does transmedia imply? For true fans this means access to new information through enhanced storylines or character development and also having the privilege to comment and contribute to new content. This involves development of a branded universe with increasingly more consumer interaction and creation. This plays into the eventual semantic web as initial mass appeal becomes more fragmented and true loyalty to a product will be borne by the few. So dependence on the die-hard “trekkies” or fantatics for sustainability may help build product longevity. Everything’s in test-mode right now. Today’s content generation now has the power to dictate where it all eventually leads…still to come…