John McArthur’s New Venture Blog

I had a conversation with Megan at BzzAgent this week.  My interest was peaked, when a former IDC colleague, who now works at Iron Mountain Digital, mentioned BzzAgent. 

BzzAgent claims to have 400,000 “buzz agents,” who have agreed to review products and services and to share with their friends and colleagues their honest opinion.  BzzAgents get the products for free.  They test them.  And they create buzz.  The buzz could be good, or it could be bad, but it’s buzz.  I don’t know if Iron Mountain Digital uses BzzAgent, but I can see the fit, since, Iron Mountain offers desktop and server backup services to homes and businesses. 

At the $80,000 entry price that Megan mentioned, you’ll want to get a lot of buzz for the investment, and you’ll want to have enough confidence in your product to expect that most of the buzz will be good.   In the consumer products and services area, I see a great opportunity to leverage BzzAgent.  It’s hard to see the fit for the kinds of enterprise IT infrastructure providers with whom we are working. But, Megan suggested I check out their Frogpond offering, which I will do when I get a chance. 

In the meantime, after listening to the pitch from Megan, I decided to sign up myself.  I am now officially a BzzAgent.  I’ll let you know how it goes.  For now, I’ve just filled out a bunch of surveys about my drinking habits (softdrink and otherwise).  Fortunately, the fortunes of Coke and Pepsi don’t depend much on my soft-drink habits. If they did, the companies would be broke.

Shortly after I started working with StorMagic, I suggested they create a Facebook group.  One of the initial target markets for StorMagic is the education market, and given the number of college students on Facebook, it seemed like a logical fit. We’re only a few weeks into this, but I’m pleased to see that the number of members is up to 46 and includes some pretty well-known, well-connected analysts, venture capitalists, and potential partners and customers.  Facebook groups are a great way to notify interested people about changes, enhancements, new materials and upcoming events. 

That brings me to the Web 2.0 double-dip comment.  Facebook is one tool that can be leveraged for marketing and community-building.  Another is YouTube.  StorMagic just completed their first video and uploaded it to YouTube.  You can see it here.  But they also notified the 46 members of the StorMagic Facebook group about the video, by posting a notice on the group’s posted-items board.  We’ll see what kind of traffic it generates, but having created the video, YouTube is a low-cost way of beginning to circulate it.  I just watched it, and it does a pretty good job of demonstrating the simplicity of implementing a StorMagic iSCSI storage area network.

I’d really like to hear your opinion on two things:

1. Using Facebook as a community building and marketing tool
2. Using YouTube to cost-effectively demonstrate key features of a solution

I’d also like your suggestions for other Web 2.0 tools that are effective in raising awareness and building communities for a supplier’s customers, partners, and prospects.

One last thing.  Can you give us some feedback on the video?

When I was growing up, my family would occasionally take what we called “Penny Walks.”  We lived in western Colorado, where the towns were mostly laid out on a North-South, East-West grid.  A penny walk involved taking a walk, penny in hand, and every time you got to a corner, you flipped the coin. Heads you go right. Tails you go left.  You never knew where you were going to go, but you knew you weren’t going to get caught in a familiar routine.  With penny walks, you ran into different people or different things. You had variety. Penny walks don’t work as well in Massachusetts, where I live now, because the streets are laid out in the rough equivalent of a meandering cow.

My random walks these days are as likely to occur on the World Wide Web, as they are to occur in my town.  Did I mention we have almost no sidewalks? So here on the internet, thanks to a link from Jason Rakowski, I was lead on a random walk through his blog, to another blog by someone named Dejra to a service called Pingomatic.  The service helps writers/bloggers raise the visibility of their sites by updating search engines.  I’m trying it out today.  I’ll let you know how it goes. 

Given Dejra’s focus on affiliate marketing, I’m wondering if she knows my brother, Ken?

Dejra? Ken?

A recent blog entry by Denise Shiffman on Viral Voice referenced an article in InsideCRM entitled The Facebook Marketing Toolbox.   I’ve only been using Facebook for a few months, so this article was a great find, with links to tons of resources and recommendations.  Thanks Denise.  This article is required reading for my new client, StorMagic, and my nephews who continue to grow their restaurant, Black and Brew, down in Lakeland, Florida.  Keeping getting the word out!  For all others, reading is optional, but highly recommended.

I posted the following question on LinkedIn about five days ago:

What’s the best strategy for creating end-user awareness of an innovative product through social networking?

Here’s the dig.  At least I think it was a dig:

Try and be a bit more simple and straightforward in your communications than you are in your questions. (more…)

 

As a fellow baby boomer, Denise Shiffman’s recent blog post really hit home.  She said, “Facebook is the new email.”  She wasn’t the first to make the connection.  In fact, the Scobleizer has a whole running debate here from October, 2007.  But because I know Denise, and implicitly trust her, she gets credit for getting my attention. 

As a boomer, I live on email, but as my blog readers know, I’m on Facebook now, too.  In fact, it’s about the only way that I communicate with Steve Zivanic, who created this viral campaign for very-traditional Hitachi Data Systems (HDS).  I just checked one YouTube posting of his video that reports 320,000+ downloads.  Good job Steve.  Steve’s left HDS and found a fitting home at myndnet.  He tells me they understand the value of viral marketing. (more…)