Forrester: disappointment in corporate blogs

A recent Forrester survey of 189 companies found that 38% rated blogging marginal to marketing and 15 % said blogs were irrelevant. My experience is that many who get into blogs have unrealistic expectations, set irrelevant measures and “ROI” goals, and view blogs as a campaign tactic, which they most definitely are not. (Another observation: many quickly run out of things to blog about, often a sign that they’re not passionate or knowledgeable about their field.)

The bigger point is that people today expect a more social, casual style of business communications. In writing style. And in being able to post a comment or talk back.

The value of blogging done right is that it breaks the old corporate speak iceberg. Soon there will no longer be a corporate Web site and separate blogs. Good business Web sites will be blog-like in style and the ability for people to comment.

However, this means that businesses need to be more interesting, provide more valuable content and ideas to people who take the time to go to their site/blogs, have a point of view on trends in their industries, and thoughtfully respond to comments.

It also means that many, many communications and marketing people have to relearn communications skills.

But if all this change helps customers more quickly get to know your company — making it easier for them to make a decision and buy — it’s well worth the change. And that’s where the  real marketing payoff comes in.

PS – Thanks to my friend and Israeli management consultant Dov Gordon for the heads up on the Forrester study. Check out his new article, “Spitting in the Wind: A Single Obvious Insight to Sharpen and Focus Your Strategy.”

CMOs fail because they're not interested in customers (Takeaways from new Forrester/Heidrick & Strugggles study)

One big reason CMOs last an average of only 21 months may be that few view customers as especially important. In a new study by Forrester Research and Heidrick & Struggles CMOs rated customer-oriented competences far down their priority lists.

When asked about which five competencies are most important to personal success:

  • Less than 40% included being the voice of the customer.
  • Just over 20% included listening to/interacting with customers.
  • Less than 10% included personal knowledge of customers.

Yet 60% of these same marketing execs said that acquiring new customers was their top marketing objective. And more than 70% said visioning and strategic thinking were top competencies for personal success. How do you accomplish either without really understanding customers?

Also interesting: Web 2.0 trends like customer communities and social computing have the most potential to help marketers efficiently and effectively understand customers and prospects, yet marketers rated these as the least important tools for their marketing organization’s future success. A glimmer of hope — they expressed more interest in learning about these approaches than in most of the tools rated highly-important, like customer trends and Web analytics.

Remember James Carville’s famous line back in the first Bill Clinton presidential campaign, “It’s the economy, stupid.” Adapted to marketing: “It’s the customers, stupid.”