Tag Archive | "These"

Tim Draper: These Guys Transformed the World and We Should Thank Them

Legendary investor and political activist Tim Draper says that instead of getting on the case of Elon Musk, we should be thanking him and other transformational entrepreneurs such as Steve Jobs and Travis Kalanick.

Draper also suggests that Elon Musk probably should have just taken Tesla private in order to avoid the myriad of rules and regulations imposed on public companies.

Venture capitalist Tim Draper was interviewed at the Web Summit in Lisbon, Portugal by CNBC:

These Guys Transformed the World, We Should Thank Them

Every time I pull out my iPhone I think thank you, Steve Jobs, this is awesome. Every time I hit the Uber key, I think thank you, Travis, that is so cool. Every time I get in my Tesla I think thank you Elon. These guys have really transformed the world and we should just thank them everywhere we go. And if they are having trouble supporting them. What can we do to help? How can we support you? How can we make you happier? We want to make you happier, look what you have done for us! It’s so cool!

He Probably Should Have Just Taken the Whole Thing Private

Every human in the world has made a mistake. There are so many laws that you have to follow if you are a public company he probably should have just taken the whole thing private. When you are a public company you’ve got to follow so many rules. If you step one little piece out of line you guys in the press are like… oh my gosh, our hero has done something wrong. I think we have got to say, hey look, he’s a human being, he’s doing the best he can. He’s running two amazing huge multi-billion dollar companies that he started. Well, he started one and jumped in very early and saved the other. This guy is awesome, let’s do what we can to support him.

All of Us Should Really Focus on Making SpaceX Successful

I invest in early-stage startups and then I will ride them as long as I feel it’s the right thing to do. Have you driven a Tesla, it’s so much better than any other car out there. And SpaceX, all of us should really focus on making SpaceX successful. If Tesla doesn’t save this earth, he will at least get some of us off the earth so that we can move our species somewhere else. Elon was amazing… we are all going to Mars. People looked at him and said, oh he’s crazy.

But then all of the best engineers in the world said, how would we get there? Then they thought, how would we have human life succeed there? And then, how can we get there faster? All those questions happen with an engineer and so Elon gets the best rocket scientists in the world working for his company and so, of course, it becomes a big success. He’s going to get us closer and closer to Mars and maybe to Alpha Centauri and other places.

About Tim Draper

Tim Draper helps entrepreneurs change the world. Tim Draper helps entrepreneurs drive their visions through funding, education, media, and government reform. He has founded thirty Draper venture funds, Draper University, Bizworld, and two statewide initiatives to improve governance and education.

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These 4 Copywriting Techniques Work Really Well … Right Up Until They Don’t

Search on Google and you’ll find hundreds of thousands of pages devoted to copywriting secrets, tips, tricks, and techniques. Go…

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Should You Trust Influencers to Promote Your Brand? Consider These Problems First

Influencer marketing is drawing more and more suspicion from brands and advertisers alike. There is a growing concern in some business sectors that consumer trust in influencers is waning or has reached its peak. Empirical data, however, shows that influencers still have a lot of pull. They can still raise brand awareness, push customer loyalty, and boost engagement. One study by Marvrck also shows that cost per acquisition (CPA) was also far lower with influencer marketing compared to other types of advertising like Facebook ads.

cost per acquisition

While there’s no denying that influencer marketing works, it has a lot of issues that have resulted in brands having a general lack of trust for influencers.

4 Reasons Why Brands Don’t Trust Influencer Marketing

1. Hard to Measure ROI

The majority of brands find that choosing the right metrics to use and measuring return on investment are the main challenges they face when it comes to influencer marketing.

Every marketing campaign should be based on measurable objectives, like an increase in revenue, higher brand awareness, or more social media followers. You need to determine your objective first. Once that’s done, you can then identify how you will track your KPIs and evaluate how the content or an influencer has performed.

Luckily, most of the tools used in tracking conventional and digital marketing are also appropriate for influencer marketing. For instance, tools like Google Analytics, promo codes, giveaways, vanity URLs, and UTM parameters can all be used to measure the results of an influencer marketing campaign. Social media platforms like Pinterest are also taking steps in this direction by giving access to their APIs to ensure that influencers and marketers can work well together.

2. Fake Followers and Fake Accounts

Fake followers and fraudulent accounts are also behind the mistrust of influencers. According to a New York Times report, this practice is so rampant that about 15 percent of Twitter profiles are fakes and many celebrities and influencers buy followers to inflate their perceived social influence.

Image result for fake followers statistics

Too often, brands look for influencers with the largest number of followers and pay big money for access to them. So it’s not surprising that some influencers pad their numbers with fake accounts. Unfortunately, the practice messes up one crucial element of this marketing methodinfluencing another individual. After all, you can’t wield your influence over an imaginary person.

To combat this problem, brands should focus more on quality than quantity. Instead of looking at the numbers, they should concentrate on the kind of consumers that follow the influencer, and whether said influencer is suitable for the brand. Social media platforms should also put more effort into cracking down on dubious accounts. 

More importantly, the influencers should hold themselves accountable and check for fake followers, even if it means they have to scroll through their list of followers and vet each one.

3. A Million Followers Doesn’t Mean More Profit

A social media account might have tens of thousands of followers but not have much influence. There are people who are influential in one area but not in another. For instance, an account that specializes in memes might have a million followers but those followers are not there to buy anything. They just follow the account for its entertainment value.

Brands should first determine whether an influencer is considered trustworthy by their followers or just a digital performer. The former has an impact on a follower’s buying decision while the latter doesn’t. Companies can tell which is which by their posts. Consumers respond to honesty and passion, and a good influencer shows these in their posts.

4. Competition Between Influencers and Marketers

If your brand has a marketing team, they may view influencers as a direct threat. This implied threat is due to the fact that influencers work in direct competition with traditional marketing strategies. Moreover, a lot of marketers don’t totally trust social influencers with regards to content development.

To get past this problem, you’ll need to understand how influencer marketing actually works. Influencers have to be authentic and strive to show this in the tone and passion of their posts. In contrast, your marketers need to double check everything or have some say in the content creation process. You’ll need to find a good compromise between the two groups to prevent conflict.

Should Brands Still Trust Influencers?

Many consumers have relationships with influencers that are more like friendships. And according to Neilsen, 92 percent of consumers trust the recommendations of family and friends. For this reason, influencers still have the power to greatly impact a brand. However, the problems that come with influencer marketing have gone largely unresolved.

Part of the problem is that these issues have only recently come to the forefront, so best practices have not yet been established. Brands and influencers are still learning and adjusting. 

Moving foward, more influencers will need to audit their followers and check for fake accounts. Branded content should merge well with integrated content, and sponsored posts should be kept to a minimum. Meanwhile, it’s imperative for brands to thoroughly research their potential partners, making sure they only work with credible influencers and choose the right platforms to promote their products and services.

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Are You Making These 7 Mistakes with Your About Page?

Good old Google. They do like to keep life interesting for web publishers. You may have heard rumblings about a recent update that wreaked havoc on a lot of “your money or your life” sites — the ones that talk about health, fitness, finances, or happiness. That update appeared to look at the credibility of
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Become Ruthlessly Productive by Tightening Up These 3 Systems

Okay, maybe not “ruthlessly.” But we all have lots of things we need to get done, and that means we need smart strategies to work efficiently — without compromising quality. This week, we shared some adjustments you can make to your systems that will help you kick your productivity into a higher gear. If we’re
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Trust in Marketing is at Risk. These CMOs and Marketing Influencers Share How to Fix

CMO Half Life

The average tenure of a CMO is under 4 years representing a crisis in confidence amongst business leadership when it comes to marketing. Expectations for marketing are higher than ever amongst business leaders and customers alike.

To advance the valuable contributions marketing can make from boosting short term sales to growing long term market share, it is important for marketers to build trust and influence. But there are challenges:

  • A study from Fournaise Group that fond 73% of CEOs say “Marketers lack business credibility and the ability to generate sufficient growth and 80% of CEOs simply don’t trust marketers at all, while 91% do trust CIOs and CFOs.
  • New research from Marketing Week reports only 30% consider marketing ‘very important’ at large B2B companies.
  • Marketing as a career suffers some credibility issues as well. A global jobs poll by HubSpot ranked the most trustworthy jobs with Doctor ranking number one and near the bottom, just above Car Salesman and well below Barista, “Marketer”.
  • Marketing’s credibility amongst customers has been affected by some of the challenges facing media platforms – from fake news to inappropriate content to measurement. We’ve all seen stats like this one from Nielsen where 92% of consumers trust peer recommendations over advertising.
  • Within B2B, research from TrustRadius reports 58% of B2B buyers do not believe claims made by the vendors they most recently bought from.

Despite these challenges the reality is that well researched, planned and executed marketing delivers incredible value for businesses and their customers. Research from Forbes shows Marketing strategy and investments can contribute over 50% of enterprise value.

How can marketers do a better job at building trust with company executives and customers to inspire more confidence in marketing? This is a topic I presented on recently at the e4M TechManch conference in Mumbai, India. There I outlined 5 “secrets” to growing the influence of marketing which I’ll dig into more below. I also reached out to a mix of marketing executives to get their perspective on solving putting marketing back on the right track:

Julie Roehm
Simple answer. Honesty. I know it sounds trite but trust is earned and earned through honesty. As marketers and storytellers we often “spin” things to suit our needs. I think more honesty about the company you represent is the only way to succeed. People relate to flaws. It’s human. It’s honest. I’m not suggesting that we promote those, I’m suggesting we don’t hide them. Customers will find the truth regardless and then you’ll have broken the trust. Zappos is a good example. Transparency is written directly into the Zappos Family Core Values, in the statement, “Build Open and Honest Relationships With Communication.”
Julie Roehm @jaroehm
Chief Experience Officer and CMO
ABRA

Kirsten Allegri Williams
In today’s digital environment, marketers are at the forefront of business. As marketers, we are operating in a new paradigm that represents a tipping point and allows us to own the voice of the customer through insights and develop personalized experiences across every touch point. Through insight-driven marketing, we have the ability to anticipate new, unexplored business opportunities and bring this value to the c-suite.

Today’s consumer expects us to know them: how they think, how they act, and that we listen to their buying signals. Our biggest opportunity is to create an environment where we connect our customers seamlessly and consistently to our company’s purpose and values – whether they experiencing content on our website or in-product, at an event or in digital selling. Ultimately, this helps us to develop a strong pipeline of customer-first product innovation.

Ultimately, every major brand must become its own media publishing company.

No longer can we develop content in a linear way (e.g. build… then run). With the ever-changing dynamics of our industry with new digital platforms, marketers need to embrace an agile marketing mindset. The idea that we can Test. Learn. Change…. all of the time, not just in pilots. Core content should not take 6-8 months to develop; but rather, build core anchor content that can be atomized across every content distribution channel. Ultimately, every major brand must become its own media publishing company.
Kirsten Allegri Williams @kirstenallegriw
Vice President, Corporate Marketing
SAP Ariba

Kieran Hannon
Trust, authority and credibility are earned as a result of programs developed and undertaken, with subsequent positive results. They are not just marketing programs, but must be contributing and supporting the company’s overall objectives. But, Marketers must protect their area of expertise. Everyone feels comfortable providing feedback to marketing programs, the onus is on the marketer to educate the “why”, but more importunately the “why not” when providing the feedback.
Kieran Hannon @kieranhannon
Chief Marketing Officer
Belkin International

Rishi Dave
Companies still view marketing primarily as a tactical, execution oriented discipline. This needs to change. Marketing has the most expansive view of how to drive growth.

Marketing has the most expansive view of how to drive growth.

Marketing needs to drive company-level corporate strategy and P&L decisions with a marketing mindset, not just an execution mindset.
Rishi Dave @RishiPDave
Past CMO
Dun & Bradstreet

Jeanniey Mullen
In today’s worlds its all about the quality of A.I.R. you create; Authentic, Inspirational and Realistic marketing will win over your internal and external customers. For B2B marketers your best brand advocates are your employees. For B2C, your customers will accept nothing less than personalized perfection. Achieve both by creating AIR.
Jeanniey Mullen @jeannieymullen
Partner, Global Chief Marketing Officer
Mercer

Margaret Magnarelli
Building credibility inside an organization is so important—alignment helps you get more effective results and also more budget!—but it’s not always so easy. The best way I’ve found get people onboard with your way of thinking is to do some marketing of your marketing. In other words, treat every relationship as if they were a customer.

Treat every relationship as if they were a customer.

What are the pain points for the people you’re working with and for? And how can you, through your job, help them solve these? Basically apply the golden rule of content marketing to your internal interactions: If you can provide value for someone, you develop trust.
Margaret Magnarelli @mmagnarelli
VP Marketing
Monster.com

Chandar Pattabhiram
There is no better time for marketing to gain credibility and trust. The field has shifted from a soft science to a programmatic science, making it more credible than ever before to quantify success with hard data. By showcasing sourced and influenced impact to designing compensation models for revenue success, not marketing success, we can transform the stature of marketing.
Chandar Pattabhiram @chandarp
CMO
Coupa Software

Michelle Killebrew
The best way to gain credibility is to speak plainly in the native tongue of your audience. Want credibility with consumers? Use layman’s terms. Want credibility with other executives within your company? Use business-focused outcomes and metrics. Save your marketing buzzwords for your next agency meeting or conference — and, even then, confirm you both mean the same thing when using those words ”</p

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You Need Both of These Skill Sets to Keep Your Audience Coming Back for More

When I’m not performing my typical duties as Rainmaker Digital’s Marketing Technologist, I’m cooking up a storm in my kitchen. Amidst the rhythmic chopping of fresh produce, the clashing of pots and pans, and the roar of boiling water, I realized that my two roles have a lot in common. They both require a balance
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Use These 4 Copywriting Pillars to Craft Kickass Presentations

I love presentations. I love going to them and I love giving them. You have a defined amount of time, during which a bunch of people come together to listen to a message. Whether your presentation is online (a SlideShare, a webinar) or in the real world (a talk to a large or small audience),
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Combine These 5 Research-Based Ingredients for Higher-Quality Content

It’s undisputed: well-crafted, high-quality content is how a brand builds an audience, trust, and loyalty today. Great content helps you earn the attention of the people who need your product or service. Existing loyal customers are drawn to quality content, too, in large part because it builds trust and authority, creating top-of-mind awareness for your
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Stop Making These 12 Word Choice Errors Once and for All

"Write the correct words the first time, and you’ll spend less time editing later." – Stefanie Flaxman

Bill is at a wine bar on Saturday night, enjoying a glass of Pinot Noir.

After striking up a playful conversation with Lisa (who prefers Syrah), he asks for her telephone number. Lisa agrees to Bill’s request, and he creates a new “contact” in his cell phone.

“No,” Lisa stops Bill. “You’ll have to memorize it. I don’t want you to write it down.”

Bill accepts the challenge and confidently repeats the 10-digit number a few times aloud. Lisa proceeds to talk about her cat Nibbles for an hour and then leaves the bar after she realizes how late in the evening it has become.

By the next day, Bill has forgotten Lisa’s phone number. He remembers how much Nibbles loves playing with yarn because he used to have a cat that loved yarn … and although he wants to send Lisa a text message, her digits weren’t meaningful to him.

The same thing happens when you memorize the definitions of two similar words instead of learning how to use them.

When you memorize without any meaningful context, you may quickly forget a definition and continually select a word that doesn’t mean what you think it means.

When you learn how to use the following 12 pairs of words, it will be easier to choose the proper one for your content.

Write the correct words the first time, and you’ll spend less time editing later.

1. Compliment vs. Complement

Compliment

A “compliment (noun)” is an “expression of praise.” When you “compliment (verb)” someone, you praise something about her.

“I like your neon-rainbow, unicorn t-shirt” is a compliment.

The word “compliment,” spelled with the letter “i,” should remind you of saying “I like” — how you begin a compliment.

Complement

A “complement (noun)” is “something that completes something else.” When something “complements (verb)” something else, it “makes it whole/adds value to it/completes it.”

Complete is part of the word “complement.”

2. Premiere vs. Premier

Premiere

“Premiere (noun)” is “the first showing of an event.” “Premiere” as other parts of speech conveys a similar meaning.

Premiere could describe a movie premiere. The words “premiere” and “movie” both end with the letter “e.”

Premier

Use the adjective “premier” to describe “the best ___.”

Premier means premium. Neither word ends with the letter “e.”

“Premier (noun)” is less common. The term describes a person who is first in rank.

For example, a “premier” may be a chief executive officer or president of a company.

3. Effect vs. Affect

Effect

The noun “effect” refers to an “outcome or result.”

If you associate “special effects” in movies with “effects,” you’ll remember that “effect” should be used as the noun to describe an outcome.

Affect

The verb “affect” describes something that “manipulates or causes a change.”

An emotional piece of news may affect how you feel after you hear it.

4. Accept vs. Except

Accept

The verb “accept” means “to take in or receive.”

When using the word “accept,” associate it with the word “acceptance” — you take something in; you receive it.

Except

The word “except” is not a verb. It can be used as a preposition, a conjunction, or an idiom. In each form, the word “except” means “with the exclusion of ___.”

When you use the word “except,” you want to exclude something.

5. Ensure vs. Insure

Ensure

Use the verb “ensure” to convey “make certain or guarantee.”

To remember when to use “ensure,” note that the last two letters of the word “guarantee” are “e” and the word “ensure” begins with the letter “e.”

Insure

The verb “insure” communicates “protecting assets against loss or harm.”

If you are discussing the protection of assets, think of car insurance and then use the word “insure.”

6. Regard vs. Regards

Regard

Use “regard” when you want to express consideration or reference something specific.

Writing “in regards to” is one of my content pet peeves.

“Regard” is typically the proper word choice, unless you are sending your feelings of empathy to someone else. Which brings us to …

Regards

“Regards” are your “best wishes or warm greetings.”

7. Beside vs. Besides

Beside

If you want to convey the meaning of “next to or alongside,” use “beside.”

Associate the word “beside” with the word “alongside.” Both words end with the letters “s-i-d-e.”

Beside can also mean “not connected to.” You would write “that is beside the point.”

Besides

The word “besides” means “in addition to.”

“Besides” ends with the letter “s,” which reminds us of a plural word — two or more of something, additional items.

“Besides can also mean “other than/except.”

Associate the “s” sound in the word “except” with the word “besides,” which ends with the letter “s.”

8. Stationery vs. Stationary

Stationery

“Stationery” is always a noun. It’s typically decorative paper and ornate pens. You might use it to jot down quotes from your favorite writing books.

Associate the noun “stationery” with “paper.” The last three letters of the noun “stationery” contain the letters “er.” The word “paper” also ends with the letters “er.”

Stationary

“Stationary” means “still, grounded, or motionless.” It can be used as a noun or adjective.

Since the word “stationary” can also be used as an adjective, associate the “a” in the word “adjective” with the letter “a” in the last three letters in the adjective “stationary.”

9. Precede vs. Proceed

Precede

“Precede” means “to go before.” It is a verb.

Star Wars: Episode I — The Phantom Menace (1999) was a “prequel” to the original Star Wars film (1977).

The events that took place during the prequel came before (or preceded) Star Wars.

Proceed

“Proceed” is also a verb, but it means “carry on, continue, move forward.”

Think of “proceed” as “proactive, taking the next step in a sequence.”

“Precede” is “before” and “proceed” is “after.”

10. Who’s vs. Whose

Who’s

“Who’s” is a contraction of two words — most commonly, “who is” (present tense), “who has,” or “who was” (past tense).

If you are combining a verb with the word “who,” it’s appropriate to use “who’s” (with an apostrophe).

Whose

“Whose” is a possessive pronoun, similar to “mine,” “yours,” “his,” or “hers.”

If you don’t intend to combine two words with an apostrophe, use the possessive pronoun “whose.”

11. Sometime vs. Some time

Sometime

When “sometime” is one word, it’s an adverb that refers to “one point in time.” For example, “I’d love to have coffee with you sometime.”

Some time

When “some” and “time” are separated as two words, think of the word “some” as an “amount.”

“Some time” is “an amount of time.” For example, “I just ate so much ice cream. It will take some time before I’m hungry again.”

12. Into vs. In to

Into

“Into” is a preposition that means “entering or transforming.” For example, “The fashion designer transformed the ugly fabric into a chic dress.”

A noun typically follows the word “into.”

In to

A verb that pairs with the word “in” typically goes before “in to.”

For example, “During the baseball game, the outfielder moved in to catch the ball.”

Your turn …

Do you have any word choice pet peeves? What are your favorite tips for learning how to use certain words correctly?

How could Lisa have helped Bill learn her phone number, rather than memorize it? ”</p

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