Wednesday, July 20, 2011
It's All in the Power Statement
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Marc Hausman
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Labels: executive blogging, media relations, power statements, public relations, social media, social media marketing
Wednesday, October 7, 2009
Healthy Balance Delivers Impact
During a sit down with government 2.0 wunderkind Steve Ressler a few weeks back I asked him when he knew the GovLoop community he created had the potential to be something very special.
Ressler thought for a moment and then said, “When reporters began to call me about it.”
Readers of this blog know of my conviction to the belief that there has been a shift in influence in the market from traditional sources of credibility -- such as journalists, analysts and industry conferences -- to social networks and online communities. This transition of power will accelerate, further eroding the value and ROI of traditional advertising and public relations programs.
Yet, the media’s sway remains, and respected editors, writers and pundits continue to serve as a critical audience for any company with growth aspirations.
I was reminded of this when Strategic Communications Group (Strategic) was tasked by long-standing client GovDelivery to announce their acquisition of GovLoop.
We tapped into social networks and connected with a myriad of Web 2.0 influencers to share this exciting news. However, it was the good, old fashioned press coverage we generated from business, financial and trade media that truly made this a portfolio-worthy effort.
Social Networking Entrepreneur Taking It to the Next Level
Facebook for Government Enters New Phase
Social Network GovLoop Sold to GovDelivery
Facebook for Feds Social Networking Site Acquired
The take-away here is when it comes to marketing promotion, PR professionals should strive for a healthy balance. It’s critical to connect with key audiences through a mix of both traditional and emerging channels of communications.
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Marc Hausman
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Labels: GovDelivery, GovLoop, media relations, social media
Saturday, January 5, 2008
Mending Media Mistakes
It eventually happens to all public relations professionals. A corporate executive is misquoted in an article or a media outlet inadvertently reports an inaccurate fact or statistic. With traditional print media, your best hope was for a correction to be published in a future issue.
It’s different with Web-based media. Check out how the influential bloggers at GigaOM corrected a fact in their assessment of Monster.com’s acquisition of Affinity Labs.
The take-away here: it’s important to quickly take action if your company is misrepresented in an article. Contact the journalist, point out the inaccuracy and validate your suggested correction with supporting facts and/or a third-party resource.
Monster.com Pays $61M to Get into Social Networking
Posted: 04 Jan 2008 02:57 PM CST
Career site Monster Worldwide has bought social networking startup Affinity Labs for $61 million in cash, the two companies said today. A jobs site getting into business networking makes a little more sense than, for example, Cisco buying Tribe.net and Five Across, but the purchase price seems rather high. Affinity was just getting off the ground and had raised only $6 million from Mayfield Fund and Trinity Ventures.
Affinity Labs’ products consists of seven recently launched sites aimed at various professions, among them the informatively named NursingLink, PoliceLink and ArtBistro. None of them are seeing traction yet — VentureBeat reports fewer than 500,000 visitors per month in total.
Update: The company contacted us to say it has 800,000 visitors per month and about a million registered members. Affinity CEO Christopher Michel contended that the acquisition price was appropriate given Affinity was generating “not a small amount of revenue” through highly targeted advertising including email newsletters and lead-generation. He also pointed out that Goldman Sachs released an analyst note praising the acquisition.
At the same time, shares of Monster hit a two-year low today due to forecasted online recruitment declines.
There is some history here — Monster was already providing advertising to Affinity and Affinity was giving Monster account holders access to its sites. Further, Affinity CEO Christopher Michel had sold Military Advantage, also a Mayfield investment, to Monster for $39.5 million in 2004 after raising $31 million in funding, so maybe the shareholders were able to defer a better return to a few years later.
At last check, shares of Monster (MNST) were down $1.14 at $27.79.
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Marc Hausman
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Labels: GigaOM, media relations, Monster.com, public relations


