Posts Tagged ‘ Content ’

Are You Part of a Media Company with an Agency or and Agency with a Media Business?

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It seems an article publishes weekly referencing media companies purchasing or building digital agencies in an effort to diversify revenue and expand knowledge base around new technology. Another popular topic these days is about agencies altering their model in order to fit the new model of advertising. A model that includes content marketing and usage of digital tools. 
So, we have media companies trying to act more like an agency and agencies trying to act more like media companies. The reality of this situation is related to primarily designing, creating and selling ads that have impact. Both media companies and advertising agencies want to be experts. Display ads still exist and in some cases still work great, but they are only part of a solution. In today’s ever changing advertising industry it’s critical that an advertiser feel they are getting an all encompassing solution that recognizes the need for a great ad that can reach an audience through search engine tactics, social media, content marketing, blog posts, programmatic, email blasts and a combination of other digital strategies. 

I mentioned a need for a great ad but what is a great ad? Creatively speaking it has to be compelling, eye catching and quickly convey the desired message. Now the hard part. Is it through video, photography, illustrations, blog posts, content written for a specific audience, social media, etc.?  The answer is all of these outlets plus more. More. More. More. But how can a media company or an agency pivot to survive and thrive in this marketing world?

It has to begin with a mindset change. Agencies typically focus on starting with creative design and messaging, then partnering to outsource many of the activities related to distribution of the creative. Some agencies focus on media buying to ensure all bases are covered with distribution sources or aggregation of inventory for distribution. Media companies typically try to remedy the issues with all the new ways to advertise by focusing on, developing or outsourcing a laundry list of products so no matter what an advertiser requests, they have a product to offer.

In order to succeed in today’s market at an agency or media company, the mindset must be to blend. Agencies and media companies have to first start by presenting an advertiser using the worn out term, consultative selling. Agencies can’t just sell the creative and focus on the ads doing all the work and media companies can’t load up the menu with digital products and have sales or marketing representatives choose the right ones for an advertiser. Today requires anyone wanting to help a business navigate the ever changing digital marketing world or marketing in general, the ability to listen to an advertiser and conceptualize what needs to happen on social media versus search engines versus content marketing versus websites versus mobile devices and more. It’s really all about the campaign and desired impact. A thought process around the audience and how they consume information and ultimately the assets needed are the key elements long before a discussion of the tactics or products used to facilitate the desired impact.

I know this may sound simplistic, consultative selling versus product selling but there’s a reason media companies are forming or building agencies and agencies are building out content and digital teams. Media companies want to be part of consultative selling which includes the creative elements including video, photography and design. While agencies are looking to be part of the entire campaign including developing content beyond just an ad and recommending distribution using their own resources  It all starts with a marketing representative listening and building a campaign with multiple elements instead of just selling products the agency or media company has to offer.

It’s critical for success of a media company or agency you let the client win with a successful campaign.  Sales incentives for product sales or legacy knowledge should never drive the decision process in getting to a win for the client.

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Digital Marketing and the Role of Video

When digital marketing agencies first opened their doors for business it was all about banner ads, clickable creative, social media, SEO, blogs and newsletters. In the past year or so the digital marketing requests started coming in for content marketing or sponsored content. Fast forward to today, and it seems like everyone still wants the digital marketing efforts already mentioned but almost all conversations now begin with a discussion on video. Many marketers have a difficult time integrating video due to lack of knowledge in creation of video, a lack of understanding in the cost of video by agency and client, developing in-house talent and cost of equipment. Here are some tips for determining if you or your agency is ready to tackle video as part of your agency’s offerings.

Determine business case for pursuing video.

Why do you want to get into video? Are your clients requesting video and if so what percentage? Do you have the resources to pursue i.e. equipment, capital? Do you have any employees who have expertise with video production – videographers, editors? Finally do you have creative staff that can envision creative using video? There are certainly many other questions you need to answer but these are the main ones.

Identify team to lead the charge.

With anything new, it requires focus. It is a mistake to assume your creative, production and sales team can just add video as another service to sell. Many of the strategies are similar but having knowledge about the nuances of video is critical. There’s also the tendency for salespeople to hang on to what they have always sold until the bitter end.

Video production requires storyboards and ideas around the creative vision. Decisions have to be made on the use of animations within the video. What about music? Actors? Length? Music rights. How will it be used?

On the operations side of things it is critical to understand where the video is to be placed. If it’s social media, then the video should be 10-15 seconds or less. If the video is for blog posts or newsletters, I would still recommend no more than 2 minutes in length. If using primarily on a homepage of a website it can be longer but still less than 3 minutes and likely no audio. You also need to understand if different file versions will be needed based on platform you plan to run the video on or the players used to host the video.

Sales should also understand that typical pricing for other digital marketing efforts doesn’t work for video. The cost to produce a video is much more than other products in the digital marketing suite. I would also suggest that sales focus on getting someone with expertise involved in discussing video with the client or prospect. Having a creative team member who understands the complexity of shooting video should also be involved.

What does success look like.

The end product has to be a video that can be utilized in all aspects of digital marketing while also achieving a client’s goal. It should not be a one trick pony. The video needs to morph into each digital effort. It needs to work within a banner ad, on the advertiser’s website, on social media, in a blog, in an email campaign and blends in with photography, text and other aspects of any campaign. Success for the video starts with placement in the campaign, but the ultimate success is more user engagement, more product sales and a client that is proud of the video.

End Result.

Since video has become almost a “must offer” for digital marketing efforts it is critical your company spend the time and effort to develop an expertise. The backup if you don’t have the resources would be to hire freelance help until such time you build up your client base to afford in-house expertise.

While the tips above are general in scope they represent the basics to a successful effort with video. This video for Naked Mobile is an example of the video work we are proud of. Naked Mobile.

Inform and Entertain is Key to Success with Online Vid @4CornersTV.com

I just finished writing an article giving a progress report on the online video channel 4CornersTV.com for NetNewsCheck.com. We are off to a great start and I hope you find this information useful. For the full article go to NetNewsCheck.com.

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4CornersTV.com, launched in February by Ballantine Communications Inc, represents a new initiative for media companies to do what will be essential to their continued success; connect with new and younger audiences.

Knowing that a demographic of 30-45 year olds would not be engaged as strongly with traditional news formats, 4CornersTV.com was created to provide them content that both informs and entertains while being accessible to them in the formats they like at any time and on any device.

After more than three months of daily production with over 275 videos produced, there have been a number of significant things we have learned. The first, and likely the most important, is the relationship between content and audience engagement. Striking a balance between information and entertainment, with the latter being the most crucial, has been the most substantially effective way to boost traffic.

Since we made adjustments to programming, caused by a slowing growth rate in our targeted audience (according Google Analytics) we have seen a 63% growth in traffic, averaging 4% growth each week. 53% of audience is between the ages of 25-45. And 30% of our traffic is from mobile devices. Our audience values the enjoyment of 4CornersTV.com programming more than it does the information gathering.

This was very evident to us on an April Fools edition of our daily “news” program “The Local Roundup.” While the Roundup has a strong daily audience, consumers weren’t as prone to share or engage with it. So we decided to use April 1 as a test case in favoring entertainment over information, and produced a program filled entirely with fake news.

From federal controls on beer production (a taboo topic in our home state of Colorado) to piranhas in a local river, the fake-news allowed humor to shine through our traditional format. This resulted in the most watched episode of “The Local Roundup” to date, and led us to a more focused initiative to drive entertainment as a first priority of production.

This focus on entertainment has also been reflected in the topics we choose to cover. Generally, the episodes that more directly reflect aspects of the area’s lifestyle are most successful. Shows about mountain biking, rafting and other adventure sports are better received than more socially-focused news.

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One surprising development in the first three months of production was the more peripheral role of our newsrooms in 4CornersTV.com. Ballantine Communications owns several newspapers, including The Durango Herald and The Cortez Journal. Initially, we assumed that we would draw heavily on the expertise of those newsrooms for content creation on 4CornersTV.com.

In reality, this expertise was more frequently utilized in an advisory role. The newsroom has passed along ideas that better fit the audience and experience we are focused on at 4CornersTV.com. Our newsroom now plays more of a role as a source for material, as 4CornersTV.com staff writes their own material and depending on story also originates the content.

We have also spent extensive time examining how to maximize workflow for the resources we have available. We must strike a balance between the time it takes to find great stories with the time required to produce daily programming. This has made it essential to set aside time for production teams to sit down and look ahead.

The questions we found ourselves asking: What events are happening in the next month? Which is the right show and host for this story or that? Is there a way to make this more entertaining for our audience? Being intentional about the content and branding choices we make has enabled us to couple production and promotion effectively. We needed to follow the same approach as a company dedicated to video production. Our efforts with video were thus the primary intent as opposed to an add on video to a news story.

The most impactful way 4CornersTV can build its brand and cultivate new audiences is through the addition of new programming and hosts. The first imperative is relatively straightforward. We determine the show we’d like to make, agree on a creative direction and outline the first collection of episodes.

Matching the talent with the program has proven to be a more involved process. Once a creative direction has been established for the show, the next consideration is finding the host that fits with that strategy. At 4CornersTV it starts with a casting call.

We look for hosts who seem natural on camera, even if slightly unpolished, but are able to convey an enthusiasm about the subjects they are covering. For example, once we understood that our show “In the Neighborhood” needed to be fun and fast paced with original content, we hired a host who was willing to have fun herself on camera when engaging the subject, such as letting the audience fly along with her on her first sky dive.

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Check out the rest of the article on NetNewsCheck.com. Enjoy.

 

How Publishers Should Forge A Video Strategy

I recently wrote an article for NetNewsCheck.com on the topic of original video content and should publishers pursue this strategy.  I included a portion of the article on my blog.  You can read entire article on NetNewsCheck.com.

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Online video can prompt many questions for a publisher. Should it be short, curated clips that serve as a supplement to a story? Original video content that can stand alone? Should the video be designed specifically for mobile or desktop?

But the most important question to ask is this: Who is the publisher trying to reach? If the answer is a new audience such as a younger demographic, then the process of producing video must begin with collecting and reviewing data that supports the interests of this audience.

It’s also important to realize that starting with a mobile experience and bridging back to desktop may be a critical element to consider as well.

Publishers must begin the process by framing out some key questions, then laying out a plan to support their strategy.

What do we know about the audience?

Is the target younger then traditional users? I recently was involved in the creation of a video strategy to reach a much younger audience (30-45-year-olds). We felt we had some great content that would resonate well with this demographic, but we knew we had to develop even more.

In looking at Scarborough data for 30-45 year-olds, we found the interests were ranked differently from a typical audience for a news site. Top activities for this audience in the last 12 months included (in order of preference): Swimming, gardening, jogging, bicycling, photography, volunteer work, bowling, camping, fishing and backpacking.

We quickly learned that this younger demographic had similar interests to our current audience, yet it was dramatically more active, and hence ranked certain activities differently in terms of importance. Data from BI Intelligence and IDC also indicated the audience was very connected and decidedly at the much-vaunted intersection of social, local and mobile.

What type of content would they be interested in?

Based on information above, the ideal programming for this age demographic was related to physical activities, things-to-do and lifestyle. If one then considers the digitally-connected aspect and the proliferation of video with this younger demographic, it was fairly easy to determine the need for curated, compelling and original video content to stimulate their minds.

Do publishers already have any of this content? If not, where do they get it?

Read the rest of this article on NetNewsCheck.com.

Curated Content vs Sponsored Content – What’s the Difference and Does It Matter?

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I have worked for several large content publishers, supporting both publisher and advertiser brands in traditional print and digital/interactive.  A particular subject has been receiving a lot of attention lately – Curated Content vs. Sponsored Content; what’s the difference and does it matter? First, let’s understand the meaning of each term:

–       Curated Content: content aggregated for “cherry-picked” topics intended for specific audiences.  The content is gathered by various means, but the two most prevalent are Search (a la Google & Yahoo) and the typical human review. Two good examples of content curation come from Flipboard for curated news aggregation and from YouTube for curated video content.  They each create a tailored experience for the audience based on topics of interest.

–       Sponsored Content: In the last year we have started hearing a lot more about sponsored content.  Another term used frequently is advertorial content.  Basically it is content that is produced around a topic with an eye toward an advertiser to support the effort.  Have you ever been reading an article and at the top it says “paid advertisement”.  It could be an article in print or online that is covering the launch of a new vehicle.  This is content that the advertiser is paying for (note: not all advertorial content carries the “paid advertisement” statement; sometimes the grey lines between the two get fuzzy or even fade away entirely).

Both ways of delivering content to an end user have merit.  Curated content is not associated with advertising dollars, however the sources for content are not always 100% relevant and could possibly cause harm to a brand if the content isn’t closely monitored for the particular audience.  On the other hand, curated content can be a great way of providing depth into specific topics. The person responsible for curating the content must be careful not to claim ownership of the content.  He/She must provide appropriate links, credit, and/or attribution.

Sponsored content might seem tainted or biased to some, but it’s not always the case.  There is a great deal of sponsored content that is very valuable. The author of the sponsored content may be “speaking from the heart” or exactly the opposite, by giving unwarranted, favorable comments and attention to the paid sponsor of the content.  Whichever the case, sponsored content should be clearly identified.

Consumers today expect transparency from brands; they also want to be entertained!  Creating great content around unique topics may require specific focus and most likely needs to be contracted out.  The hired curator needs to work hand-in-hand with the brand, i.e. when creating an entertaining video on certain topics related to the brand.

Content creation by a curator is a specialized field.  The curator must be adept at finding unique and original content and developing sponsored content in a way the brand’s target consumers expect it.  The key to providing successful content is quality of each pursuit.  I read this great interview of Jim Farley, Ford Motor’s CMO, by Digiday.  Below are some excerpts I pulled to validate what I am saying.

Farley spoke to Digiday about how the carmaker is approaching digital, particularly in its focus on creating shareable content.

Have you figured out social media yet? We’re getting closer to figuring out the cadence in the social space. We’ve made a lot of progress. We’ve committed a lot of resources to our digital spend and the human capital to promote the company and our products. We developed a lot of new muscles. We learned a lot about how to make social make sense for the company and still be authentic and not interrupt people’s natural interactions. In social, we learned how important content generation is. At first, we didn’t understand how much content we needed to produce. That’s the currency of the social experience.

Why is content so important?
What we found is that shareable content is something you have to be professional about and quick to develop. You can’t do it by content alone. You have to have paid advertising. But it’s best to start with a running start. If you’re doing pre-launch on the Fusion, start with Ryan Seacrest’s fan base. If you want to have a conversation about Ford, start with Mustang. You have to find something that starts the dialogue and is compelling. You have to have great sharable content, which isn’t easy to produce.

Content keeps coming up. Brands have always created content. How is it different now?
If I walked through the agency three years ago, the team was mostly working on broadcast advertising. There were a couple people in other areas, including the Web. They’d be working on banner ads or our own cool videos the banner ads would link to. When I walk through today, one person is working on a Ken Block video, the next is working on an animated figurine doing comedy, the next is working on Ryan Seacrest videos. It’s almost overwhelming. We’re not used to entertaining people. We’re used to informing people. Entertaining people means taking risks and making cultural judgments. Take Doug the puppet. He had a press conference where he had to be funny, but if he was too inappropriate, it would be bad for our brand. Those are new creative muscles.

Full Interview http://www.digiday.com/brands/why-fords-cmo-has-content-on-his-mind/

Having a content strategy is critical as it relates to pursuit of existing and new audiences for a brand.  What constitutes a content strategy ten years ago is vastly different in today’s brand community.  There is an expectation from the audience that not only the brand should be the expert but they should also identify other reputable sources of content to further bring robust information on a topic.

This article helps with the discussion of this topic.  http://spinsucks.com/marketing/curating-content-and-community/

So in today’s world a consumer realizes the differences between original content, curated content and sponsored content.  They are looking for the best overall experience and want to be informed and entertained.  The need for print, video, digital, apps etc. requires the use of many sources of content.  Content experts now and in the future cannot be one dimensional.  We should never think of curated and sponsored content as a bad thing.

Jumping on the Proverbial Band Wagon

I have been reading a lot lately about newspaper businesses implementing pay walls at what seems like a rapid rate compared to just 12 months ago.  So, what has changed?  The number one driver of this new enthusiasm is because the New York Times was able to implement a “pay fence” to its primary website with an acceptably low decline in traffic, along with more than 450,000 paid subscribers.  The increase in subscription revenue has more than offset any decline in ad revenues from the drop in page views.

Even though no other newspaper is anything like the NY Times, with its national footprint and millions of readers, others are following in what feels like a frenzied rush to judgment.  The largest newspaper chain holding company, Gannett, announced all 80 of its daily newspapers (with exception of USA Today) would be behind a pay wall within 12 months.  Lee Enterprises, owner of the St. Louis Post Dispatch as well as many small community newspapers, announced all of its dailies would be going behind a pay wall.  Many others are heading in the same direction.  So a little success in a big national newspaper is giving everyone confidence to move in this direction, forget the fact that the audience for digital content has been conditioned for “free” content (with ads of course).

Could there be something else driving this change in attitude?  Maybe, there’s a lack of new ideas on how to grow digital faster.  Could it be that mobile isn’t moving fast enough and current indications are that it could be at a lower CPM than desktop web?  Is it that the sales organization is now smaller and has to focus on what still drives 85% of the revenues for these companies (print)?   Maybe it’s because it’s a last ditch effort to stop the slide in revenues since the economy is coming back but hasn’t really helped the newspaper industry.  Or, could it be all of these things.

Here are some things to think about if you are working in a media business, regardless of where you think the future will be.

  • Are you selling advertising as if you are part of an agency?  Do you offer much more than just display ads?  Do you help an advertiser spend their precious $1,000 a month budget and not place 85% of it in print unless it really creates 85% of the interest?
  • Do you offer your advertisers help in creating digital ads for web and mobile?
  • What are you doing to help advertisers deal with social media?
  • How are you helping advertisers be successful in search?
  • Are you creating post campaign reports that your reps actually understand, and are able to review with advertisers to demonstrate the value of their advertising efforts?
  • Are you selling the newest opportunity in digital (mobile) with the same sales organization that sells print, and who just recently started understanding how to sell digital ads for desktop? If so, why?
  • What about tablets?  They are sold differently than mobile.  Do you know why?
  • Are you creating content specific to the device, or is your content team putting the same content that is on the web onto mobile and tablet?
  • What have you done to move beyond display ads for smart phones?
  • Does your sales organization understand how to sell “share of voice?”  This is the way selling advertising on tablets will be done.

If you can answer positively to these questions I wonder if a pay wall is really needed?

Spend some time thinking this through.  We don’t want the newspaper business to be compared to Kodak.

Publishing Content For A Device Does NOT Equal New Audience

I have been immersed in digital media for over 17 years. And, although the digital world has evolved at rapid speed most recently, my main goal has always stayed the same: deliver content when, where and how people want it. Then, monetize the content via advertisements, subscriptions and ecommerce.

Traditionally, media companies have a large database of content that meets the needs of one mass audience, and it’s no secret that most traditional newspaper organizations have a strong foothold in the 50+ age group.  The newspaper creates a piece of content, and then delivers that content on multiple platforms.  This is driven by a “let the brand do the work” mentality.

Here’s the problem. Building content for one mass audience doesn’t work anymore.  Placing the content on smartphones and tablets that is pulled directly from your print newspaper and website, doesn’t mean you will all of a sudden attract a new and younger audience that’s using these devices.

Younger audiences expect news and information built specifically around their likes and dislikes. More so, they expect it to be structured to meet the different digital platforms.

Let me give you an example from my own company.  When we moved existing web content to smart phones, we found it met the needs of our current print and web audience of 50+, yet we weren’t reaching a new and younger audience. The traditional newspaper subscribers want convenient access on smart phones to the exact same stories as in print and online – just shorter versions of those stories.

With the iPad project, we decided to take a completely different approach. We looked at design and content differently in an effort to reach a younger demographic, that we knew was extremely active on iPads. We weren’t trying to satisfy/grow the current traditional 50+ demographic that made up our print/website brand.

For the iPad app, we started with a design that was very graphical and that categorized information around typical interests of a 35-45 year old. We developed original content and we curated existing content to focus on providing entertaining information as well as news. We were developing content around a specific audience, rather than driving the effort around the specific device.

Early results have been positive.  We continue to build a new audience that is very different than the traditional newspaper reader.  Our iPad app users are more engaged, spending on average approximately 11 minutes for every visit.  They are heavy users in the evening, from 6-10pm.  The majority of users fall in the 25-45 age group.  At least 60% of the iPad app content is still being created by our existing ‘traditional’ content center, but a separate iPad production team is curating it.  Our original content offering, in addition to the curated content, has proven to be very successful at building a new and younger loyal audience.  However, must continue to grow this audience to a size that rivals our other online efforts, in order to call this a true success story.

This being said, we know it’s time to cater to the traditional newspaper audience as well, as they too are purchasing iPads and consuming news on them. We’ll give this audience what they want by providing  a format similar to the structure of a news focused product.  It will still take advantage of the technology but in a fashion that is consistent with expected content for the traditional audience.  Call it an interactive newspaper.

In the end, when looking at the early successes of our current iPad app product, we’ve learned our challenges go beyond apps and devices when delivering news to reach new audiences.  We can’t build one content database and deliver it on multiple platforms. Whether its iPads, smartphones, online, or print, we must continue in our iPad app curated and original content mindset, by building content for specific audiences and specific platforms.

Frictionless sharing – is it right for publishers?

Frictionless sharing. Have you heard these social media buzz words yet? They are becoming quite the discussion point in the publishing world.  So what does it mean?  Facebook launched frictionless sharing a couple of months ago as a way for users to share content with their friends automatically.  Anytime you read news from a social news app or listen to music from a social music app, it will automatically be shared to your Facebook page in the right-side rail and in certain promotional boxes in your timeline.  You can still manually share and Like content, in which case, it will be displayed at the top of your timeline.

Who’s in?

Several publishers are already implementing frictionless sharing. Washington Post and Yahoo both built social apps but they took different approaches.  WaPo created a news app that resides within Facebook and allows an entire body of work to move from user to user, while Yahoo is allowing links to be shared directly from its own Website.  WaPo doesn’t currently monetize the shared articles, while Yahoo protects its digital display ads by sending traffic back to its site.  We have had conversations with both companies and I can appreciate both approaches. On the one hand, WaPo is seeking a new audience and will figure out monetization later. On the other hand, Yahoo wants the audience but not without advertising to pay for it.

What’s in it for Facebook users?

For Facebook users, frictionless sharing allows for greater discovery. Facebook users can now easily see what their friends are reading or listening to.  The potential downside is that your friends will get tired of your abundance of automatic shares.  If so, users can turn off the frictionless sharing feature and just stick to sharing content on a manual basis.  Most likely, users will end up using a combination of automatic and manual sharing.

What’s in it for content producers?

A content producer can gain exposure and potentially reach a new audience.  WaPo tells me that the majority of its Facebook social readers app users are younger – which has cultivated a new audience for its brand and has resulted in millions of page views.  WaPo knows that monetization is a necessary factor, but right now it’s simply basking in the fact that a younger demographic has exposure to the brand.  Also notable – it hasn’t resulted in a negative impact on its current subscriber base.

Yahoo is also benefiting from Facebook’s frictionless sharing, but in this case the end user links back to the Yahoo website which drives up page views and thereby generates more ad impressions.  I completely understand why Yahoo is happy with this model, but at the same time WaPo is learning a lot about an audience it doesn’t typically serve.  Who’s to say that both brands aren’t correct in their pursuits?

A recent article from an exec at Next Issue Media sums up the opportunities that come from frictionless sharing, which I tend to agree with:

“Some have grumbled that ‘frictionless sharing’ is less ideal. First of all, the sender of an article might not want to automatically share that he’s reading about Snookie’s latest shenanigans and his friends might not want to know. For publishers developing news apps, they must make it transparent and easy for users to either enable or disable the ‘frictionless sharing’ function.

Second of all and perhaps even more troubling, when friends click to read one of your shares, they are forced to authenticate with the news app (and thus give up personal information) to read the article. This setup creates friction and as a result, less people will end up engaging with news apps. Publishers and Facebook jointly need to work on solutions to allow for true frictionless sharing.

With that said, the opportunity seems to outweigh the limitations. In a world of many enemies eating away at your business, Facebook seems to be on publishers’ side.”

When you weigh the risks of participating in Facebook’s social app world against the upside of obtaining a new audience, my advice is to start experimenting and above all figure out first hand what frictionless sharing means and what it can bring to your brand.