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David, how are you, good sir?
David: Hi. I’m good, Jay. How are you? Glad to see you have the third
edition there, too.
Jay: I do. I’ve got the most recent. It is the new, new, ” alt=”" /> Marketing and PR.”
David: Yeah. It’s kind of crazy. I agree with you. It’s kind of crazy.
When I wrote the first edition, I was writing in 2006. That was
before Twitter, “BT.” Now it’s like way back in the Dark Ages. I
thought I had some good ideas. There were a few people doing the
sorts of things that I was talking about, but I thought I was
sort of a little bit niche-y. Lo and behold, there were entire
conferences and thousands of books and tons of people who
specialize in this new form of marketing. It’s pretty exciting
to have been very, very early in seeing the trend.
Jay: People call this a modern business classic. You’ve
heard people say this. It’s like “Good to Great” or something
like that. As an author myself, that’s got to be an amazing and
an interesting feeling for you. You didn’t set out to write a
modern business classic. It just sort of worked out.
David: No, it just sort of worked out. I guess what it teaches me is
to trust your gut. When I wrote this, it was a couple of years
after getting sacked. I got fired. I was Vice President of
Marketing. . .
Jay: They weren’t ready for the new rules. They were ready for the old
David: Exactly. I was Vice President of Marketing at a company called
NewsEdge, which was acquired by Thomson Corporation. As part of
the acquisition, they decided, “This guy’s got some radical
ideas. It’s not going to work over here.” So they sent me along
on my way.
But that was a great thing because number one, they sent me
along on my way in a really crappy job market. That was the
beginning of 2002. If you recall that period of time, that was
right after 9/11, and it was really, really tough. I had
essentially no choice because there were no jobs. There were no
VP Marketing jobs available in ’02. I didn’t really have much of
a choice except to write and speak and jump up and down about
these ideas that I felt pretty strongly about, the idea that on
the web you are already published. Put out great content, and
you’re great. Put it out crappy, and you’re crappy. It seemed to
resonate fairly early when it came out, but there was so much
push-back back in ’07 when the first edition came out.
It is kind of cool that people are calling it a modern business
classic. I think what’s most cool for me though is the book is
out in 25 different languages.
David: And we’ve sold a quarter of a million copies of the book in
English. It’s just an amazing number of people out there that
have the ideas.
Jay: And the fact that you wrote it as your fallback plan, right? It’s
such a genius story. It’s like Yakov Smirnoff, “What a country,”
right? It’s like, “I don’t have a job. I am going to write a
best-selling book.” That is truly fantastic.
David: You know what? I was fired three times in my career, and every
time that I was fired I ended up with something better. I don’t
want to wish being fired on anybody, but there is a lot to be
said for having somebody force you into thinking about what
you’re going to do next.
Jay: Good counsel. To think about it as you said, you’ve done three revisions of this book, and fewer than five years have elapsed.
Jay: The game has changed immeasurably, as I say all the time. Marketing has changed more in the last 5 years than in the 50 years preceding it, and there’s no question about that. It’s crazy, and some of these people who, including us, I wasn’t raised on a computer. All of a sudden, you’re like, ‘What happened? Where was the memo’? All of a sudden, everything that we thought was true isn’t true, and vice versa.
David: But the good thing is that you wrote the memo. You and I and people like us are the ones that are writing the memos. We’re the ones that are saying, ‘Here’s how you do this thing’.
To me, that’s really, really exciting. I kind of every once in a while say, ‘Wow, how did I end up here? This is kind of cool’. And thanks again to the people who decided they wanted to sack me way back when.
Jay: That’s right.
David: It’s interesting how quickly it moves. The first edition didn’t include Twitter because it literally didn’t exist. Facebook was only for students when I wrote the first edition. As soon as the book came out, Facebook opened up for people who were not students, who did not have an .edu email address. All of a sudden, the book is obsolete. It comes out, and the next day it’s obsolete. Then the second edition comes out, and all of a sudden things like foursquare and other GPS components that are used for mobile marketing, iPhone apps and stuff, all of a sudden they’re really important for marketing. My second edition hits the shelves, and I’m like, ‘Goddamnit, I’m missing that’.
And wouldn’t you know it, practically to the week that the third edition comes out, woo-hoo, we’re finally current. And guess what? Google+.
Jay: Exactly. Well, it’s hard because in comparison to blogging or things like that, the time horizon of book publishing is pretty tough. You have to give them a manuscript months, literally months, before the book appears, and months is a long time in our business. So it’s almost impossible.
David: Months is a long time. The book officially publishes this week, although it started to ship from Amazon and it was available on Kindle a couple of weeks ago. But Google+ was the first or second week of July or something like that. I forget exactly. Oh great, this wonderful Google+ thing the whole planet is talking about, and this new book that’s supposed to be the bible of online marketing doesn’t even include it.
Jay: You can’t win them all. That’s why you’ve got to have a fourth edition.
David: You know what? Now, it’s going to be every two years in August.
I’ve got a cycle, and the reason for August is really important. It’s because again, I’m dumbfounded that the book is used in literally hundreds, approaching 1,000 different universities around the world as a textbook, and they’re on the cycle. The U.S. academic cycle begins in early September, so having a new edition come out every other year for the academic cycle means it comes out in August. So I’m now on a regular cycle to have it come out every other August for the reason of that academic cycle.
Jay: That makes sense.
Because there’s always pressures to be in more places, do you feel like the new rules are easier to follow for big businesses or for small businesses?
David: That’s an interesting question. I actually think it’s easier for small, just because they have more willingness to implement them, and they have less people with the baggage of what “old marketing”. . . I shouldn’t say “old marketing.” I don’t want to imply that things that are offline are old, or things that are offline are wrong. They’re not. It’s totally cool to do television commercials if they work for you. It’s totally cool to have yellow page ads if they work for you. There’s nothing wrong with any of that. But if they’re not working, you shouldn’t have them. I’m not implying that it’s either/or.
I’ve found that small businesses, entrepreneurial organizations, start-ups generally have a heck of a lot easier time implementing the ideas because they carry less baggage than some of the bigger companies do.
Jay: What’s one of your favorite new stories that you included in this version?
David: In this version? One of my favorite stories these days is a story . . . it’s about real-time, too, because I’m a big fan of real-time. I had a book come out on that topic, Real-Time Marketing and PR.(affiliate) It’s a story about how Joe Payne, who is the CEO of
Jay: They have to think about it, and how are we going to handle this, and hem and haw.
David: And let’s run it by the agencies, and let’s get the approvals. Let’s make sure. Let’s be careful, and let’s edit, and all that stuff. It worked because it was real-time. It worked because it was thoughtful information. It was content, and it was valuable information. Bang! They put it out there. And again, I’m just dumbfounded at one blog post and a million dollars in revenue. I’d love to have one of those blog posts.
Jay: No kidding, right? I’m writing three a week, and I still don’t have a million dollars in revenue from any of them.
David: The ones I’m writing are worth a dollar apiece. Sooner or later, we’ll get there.
Jay: That’s fantastic. You mentioned blogging, both in that example and when we first started talking. Blogging pays so many dividends on the marketing side, from a storytelling perspective, from a search engine optimization perspective, from a humanization perspective, but yet all of the studies that you see show that still there’s a lot of companies in every category that still are not blogging. Why is that? Why are people not understanding that this is probably, if you had to pick a way to spend your time, whether it’s Facebook, Twitter or something else, blogging is probably the most efficient use of your time.
David: Partly I think it’s that people already have a preconceived notion of what blogging is. I think we, the group of people like you and me that advise companies on this stuff, we have some semantic problems. One semantic problem is the term “blogging.” It just feels frivolous.
I like to call it “real-time content creation.” There may be other ways to describe it. That’s one way I describe it. The other phrase that makes us sound frivolous and silly is “social media.” When I talk to a CEO who doesn’t know much about social media, I say, “Hey, let’s talk about social media. What is your company doing?” He’s like, “Give me a break. I don’t Twitter. Who cares what I had for lunch? Facebook is for kids. We don’t do this stuff. We’re a big important company.” But if I say to him, “Hey, let’s talk about communicating in real-time to your marketplace. Let’s have a discussion about that.” Then it’s, “Oh great, let’s go to dinner. I want to talk about that. That’s something really important.”
So I think we have a semantic problem, and I think it’s partly the word ‘blogging’ and partly the term ‘social media’. People already think that they know what that means, and they dismiss it. If you talk about the very same thing but in different language, it becomes different. It becomes more real, more interesting.
I’ve noticed this many times. You ask someone, “Hey, do you read blogs?” A lot of people just say, “No, I don’t read blogs. I don’t have time to read blogs.” Yet everyone goes to search engines. You and I know, based I’m sure on your search results for your content and your blog and mine certainly, I’m getting hundreds and hundreds of hits from Google every single day on my blog. I know for a fact that many of the people who are hitting my blog with search engines would be the same people that would tell me they don’t read blogs.
Jay: Right. That really is an excellent point, and in social media in particular, it’s a difficult phrase because it’s become a catch-all for so many things, whether it’s location or video or content marketing. Everybody just calls it “social media,” and so it’s lost all explanatory or descriptive value in large measure, which makes it hard.
I’m delighted that the third edition is out. Probably as soon as this video comes out, it will be out. So we’ll make sure we link that up. It is The New Rules of Marketing & PR.(affiliate). If you think you’ve read it in the past, check out this new version. There’s a bunch of cool new stuff in there, good stories and a lot of updates on new tools and opportunities.
David: Thanks so much, Jay. I really appreciate it. It was really fun talking to you.