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The Old Value-Cost Conversation
On a side note, I started using Twitter last week and found you that way; I've been following you there and here since. In such a short time, I've become such a fan of your work, the example you lead, and learned so much. So, I wanted to thank you!
Don't think that's exactly your point...but interested in hearing more.
The community of people who visit and participate at my site are small town small business people (and those who aspire to be either).
The most profitable group of customers for me to target are the B2B groups who are actively looking for small business. The B2B companies are my customers for advertising, sponsoring of products, etc.
The focus of my thinking and writing is still on group #1, my small town folks. The focus of how to create business opportunities is on group #2.
I just love triangles and the symbiotic relationships between the three points.
You are absolutely right, in media making there often is a triangle, but I think it's so much more powerful when the three points are:
1. The people who are interested in what you're talking about (your community or "the audience")
2. The people who want to know those people (your customer or "the sponsor")
3. The people who #1 trust and whose opinions #1 would typically seek out on the subject, given that they don't yet know #2 (let's call this "the expert")
As a media maker, if you can sit in the middle of this triangle facilitating the whole thing, the results can be a lot more powerful than if it's just you and your customer producing the content for a target audience.
Think about it. Which is a viewer/listener more likely to seek out - content featuring a media firm and a vendor they don't know (all too often "pitchy" in nature) or content featuring one or more known and trusted sources of information on their topic of interest (usually much more impartial and informative)?
Food for thought indeed.
Keep up the great work Chris, love your posts.
If you're trying to make money from social media AS A MEDIA PLAY (like pro blogging, video, whatever), the money comes from the sponsors/exhibitors, not the audience. To that end, it's important to work with the sponsors to build what they need on one side, and to attract an audience that cares about what you're talking about on the other side.
But you're not trying to sell into that audience. You're only selling up to those sponsors. I don't want Mack Collier thinking he has to buy things for me to stay in business. I want Mack Collier to be intrigued by the sponsors I've brought to the experience, and potentially buy things from THEM, should the mood strike.
Make sense? Does that clarify?
Yes, though I misunderstood too, now it makes perfect sense. Thank goodness for comments! Especially the BAD part, I get it now. Why it's awkward to see a very new site with lots of ads on it... and also why it's not that likely, because #2 isn't interested until your #1 is seriously engaged. A great point.
Regards,
Kelly
I am new to your blog and I am very impressed to say the least!
I totally agree with you when you say that #1 priority is your community, throughout our team at BabySpot.com we make this rule. Once you build the confidence within your community then you can create brand awareness programs for your partners..
Thanks and I am looking forward to your reading more of your blogs.
James
The wonderful Granny Mar has arched her eyebrow at me and tagged me with the 6 word memoir meme. I do hope you’ll come out to play …
http://fortifyservices.blogspot.com/2008/03/pit...
:) Rowan