Time 32:16

Plenty of attention is given to participating in blogs, join the conversation, be open, be authentic, yada yada yada. The early adopters have tested the social media space with ample case studies for dozens of new books and information for panel discussions.

The hidden winners in the blogosphere who get a fraction of the fanfare are market researchers. This podcast is dedicated to the corporate executives who are skeptics of joining the conversation, but as you’ll hear here, have considerable reason to at least listen to it, it being first the podcast and then the thousands of conversations taking place on the web daily.

Look at just one segment of commentary and social media, www.tripadvisor.com, they have more than 10 million reviews of hotels. Forrester research shows that 36 percent of travelers look at reviews and of them, 73 percent report the reviews affect their choices. More from an article in the Philadelphia Inquirer - It’s just the tip of the iceberg known as the blogosphere, but in reality is a bunch of people talking just like they do at parties, conference rooms, or ball games. The only difference is online, you can listen in on them.

This podcast is the second and concluding episode of a conversation with Umbria founder Howard Kaushansky. Umbria, at www.umbrialistens.com is one of a handful of companies that provide detailed insights into what people are taking about in blogs, and reviewers’ comments on the web and to a great extent who is saying it.

The bottom line is this

1) There are millions of comments being made on the web about nearly every industry or profession.
2) Even if your company has no intention of starting a blog, the comments that exist can provide significant insight into your company, your competitors, and your market.
3) Blogs and social media is not just a playground of the younger generation, middle age baby boomers use social media, blogs, and travel sites just as much as the 18 -24 year old set.

On another note, Marketing Edge listener Alison Coffey is the winner of the Join the Conversation book drawing. Our next book is Paul Gillin’s The New Influencers. To throw your name in the drawing send me an email at marketingedge@providentpartners.net with the words New Influencers in the subject line.

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