Tag Archive for: Scot Wingo

Podcast 007 – Becoming THE Expert

A few Podcasts ago we were joined by John Hayes to discuss if Social Marketing Is a Waste of Time (For Product Based Businesses).  In that Podcast we touched upon John’s book “Becoming The Expert” and myself and Matt have both read the book and we knew that it was worthy of a Podcast in its own right.

In this Podcast we ask the questions that you may have about Becoming THE Expert and this supporting article will detail the Q & A session that we had with the author John Hayes and will hopefully answer some of the questions about how YOU can become THE expert.

In this Podcast there is myself Dave Furness, Andy Hamilton the best-selling author of Booze For Free, Our special guest for the second time the author of Becoming the Expert John Hayes, and of course the man who needs no introduction LastDropofInk’s very own Matt Ogborne.

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Matt’s Comment: There are a few of these comments and for the first one a special “thank you” to Dave for putting this article together for us.

Q1: What is Thought Leadership Marketing?

To fully appreciate what Thought Leadership Marketing is we must first define the term as a thought leader. As John says in the Podcast a Thought Leader is someone who positions themselves as an expert in their own particular industry and becomes known amongst their peers for being an expert.

The concept of Thought Leadership Marketing is using this expertise to help build a brand and generate leads within their chosen industry and ultimately drive sales.

A “Thought Leader” is someone who positions themselves as an expert in their own particular industry and becomes known amongst their peers for being an expert

The key to this concept comes in two parts.  The first part is securing yourself or your brand as a Thought Leader, ensuring that people know that you are at the forefront of your industry and a reliable source of knowledge in your area. Once you have that secure you can then move into the second part which introduces the marketing concept.

Distributing their thought leadership through a number of marketing channels so that their voice is heard and people look to them for information further securing them as Thought Leaders.

Channels

As John mentions, there are a number of channels that are open to thought leadership marketers.  Some of they key ones are:

  • Blogs
  • White Papers
  • E-Books
  • Podcasts
  • YouTube

These are just a few of the most common forms of channels available for Thought Leaders to use, and John recommends that the first port of call should be a blog.

So if you are trying to secure yourself as a thought leader in your own right, or as part of a brand, you really should ensure that you have a Blog which is kept up to date as this is the first step in getting your information seen and growing an audience. From there you can then expand into other channels.

Q2: What does it mean to be a thought leader and do you have any examples of thought leaders the listeners or readers could relate to?

There are a number of thought leaders out there who are all prominent in their own niches.  In the Podcast I mention one of mine and Matt’s favourites that is Pat Flynn who runs the SmartPassiveIncome.com from the USA.

Pat has even commented on a few of the posts here on Lastdropofink.  The key here is that every niche will have their own thought leaders and the aim here is to secure yourself as the thought leader in your chosen area.

John also mentions Scot Wingo the CEO of ChannelAdvisor as one of the first Thought Leaders he came across during his time at Channel Advisor.  Scot had wrote a book, which in itself for anyone who has blogged before knows is no small feat called “Ebay Strategies: 10 Proven Methods to Maximize Your Ebay Business“.

The book that Scot wrote was incredibly easy to read was bang up to date for it’s time and it was written in Plain English that anyone could read and understand.  This point in itself is what differentiates someone who knows their industry from a Thought Leader.

Being able to communicate a subject that you are passionate about which has a lot of depth but in a manner which isn’t confusing

You can still be an expert but if you are unable to communicate effectively to your audience, you will never be a Thought Leader.  By being able to communicate a subject that you are passionate about which has a lot of depths but in a manner which isn’t confusing, doesn’t use a lot of industry buzz words and doesn’t aim to alienate those who may not understand the terminology.  Scot does this incredibly well still to this day in his blog for Channel Advisor still very up to date but in plain English.

Thought Leaders are not restricted to the technology sector we hasten to add, our very own Andy Hamilton is the perfect example of this, Andy is regarded as a thought leader in Home Brewing and Foraging, and because he is a very good communicator people turn to him as the expert in his field which has led him into numerous television and radio appearances to discuss his industry in detail. (Matt’s comment: Andy was recently on the Alan Titchmarsh show)

The message here is, every niche or industry needs Thought Leaders almost as village elders who others turn to for advice.  John calls himself a Storyteller and this is a perfect fit for a Thought Leader.

If you think of childhood stories, most of them have a meaning or a message and that is wrapped up in a story to give it a deeper meaning.  This is a very clever tactic which is used by many Thought leaders to get a message across to their audience.

A top tip that Matt shares in the Podcast is to write your content as if it was for a 6 year old

A top tip that Matt shares in the Podcast is to write your content as if it was for a 6 year old.  If you keep your content interesting enough and simple enough for a 6 year old to be able to read and understand.  By doing this, you don’t over-complicate the subject and keep it in Plain English.

A good example of this is the Financial Times newspaper which covers incredibly in-depth topics, but at a level that anyone could pick up and understand. John finishes off the topic nicely by explaining how due to the Internet it is very easy for people to at first ‘seem’ like they are Thought Leaders or to come across as such in their writing, as it is incredibly easy for anyone to put content out there these days.

A true Thought Leader has made the experience in what they write about, it isn’t just an opinion it is based on real life, they have made the mistakes, learnt from them and are passing these onto others, and that is where the true value of a Thought Leader comes from.

Q3: Is it a case of being across as many channels as possible…or, doing a few channels REALLY well when it comes to though leadership, basically is it quantity or quality?

The key point to take away on this question is to make sure the channels that you are working on are at a good standard before moving on to a new channel.  The first port of call for a potential Thought Leader is to have a blog.

Once the blog has good content it is natural to link this into social media and likewise video content is great for Blogs too as well as standing alone on the YouTube platform.  Don’t make the mistake of trying to run before you can walk.

Matt’s Comment: As we cover in the Podcast, the Blog, just like your eBay Store, becomes the hub for your business, get the hub in place and you can start adding to it, however you see fit.

Make sure that your blog is kept up to date and is at a sustainable place before you branch out into other areas.  John states in the Podcast:

Don’t overstretch yourself, you are better off with 2 or 3 well managed channels than 10 poor channels.

The blog is they key stone of your marketing efforts.  Blog posts can be mentioned in YouTube video’s they can be shared on Social Media sites, they can be linked to in forum posts, they are great for promoting products such as books etc.  Which is why the Blog should be the first port of call, and then look for how the other channels can create a web of content which all link in to each other to set up this personal information network.

This can either be for your personal industry or to further the content creation and network of your brand. Quality is the key when it comes to becoming a Thought Leader and it is something that will largely revolve around your experience.  You cannot pretend to have experience and if you try it the chances are you will get found out very quickly.

If you are the thought leader and you create quality content, then the audience will read what you have to say. Matt makes a crucial point in the Podcast which is that it is critical to interact with people who get involved with your marketing.  When you start writing blog posts in the beginning no one will read them, but over time they will start to attract visitors and you will grow your audience.

People may start asking questions or commenting on your content. To be a good Thought Leader it is brought back to communication, you must reply to these questions or comments to further solidify your position as the leader.  By talking about your experience and testimony then you are helping to create even more of an impression that you have been there done it and you are the expert.

Q4: What actionable steps can our listeners use right now in their businesses to leverage this to their advantage?

The first thing is BLOG! Get good quality unique content on there and start building your brand.  If you don’t know where to start with this, or you’re struggling for blog post ideas, let us know in the forums here and the community will do their best to help you.

No-one will read your blog in the early days but as it grows and the audience grows…

Andy again states here that the key is to have patience when it comes to blogging, but to stick at it.  To repeat no-one will read your blog in the early days but as it grows and the audience grows it is key to keep the content coming.

A blog which hasn’t been updated in 12 months can give the impression that the business has failed and this can have the total opposite effect in positioning you as a Thought Leader.  Never blog about something that isn’t quality content, don’t feel that you have to stick to a timetable, but if you are struggling to find something to write about, then as John says, it may be time to get a new job.

Matt’s Comment: Completely ignore SEO, you can never go wrong with this simple rule, “Quality, Unique Content”. It never fails and you can worry about the other parts later.

The natural progression from blogging is to build a social network audience.  Don’t use it as a sales channel, but use it to build interaction with potential customers so they get to know you as a business or person. This again solidifies your brand and shows that their is a human behind the facade of a business an this is important as people like to deal with people.

The key point that Andy mentions is listen to what your audience are asking for, or commenting on, and write blog posts on these topics to almost encourage interaction and the likelihood of it being read. Two Top Tips to take away from this Podcast

  1. Once your business is up and running start a blog, and make sure you turn up regularly with fresh unique content, set yourself a manageable goal to ensure the content gets created, and make it a habit.
  2. Use the blog and therefore it’s audience to feed the e-commerce site and vice versa, create this web of intelligent content based around yourself.  Using social media and other channels to link the content together and pull the audiences in from the different available spaces.

*Bonus Content*
To help you get started I’ve compiled a list of 10 potential starter blog posts for your business blog. 10 Starter Blog Posts:

  1. Introduction of You/Your Business
  2. Product/Service Review
  3. Your favourite book review which relates to your industry
  4. Latest news within your industry
  5. Christmas (Everyone has something to say about Christmas)
  6. A problem you had and how you overcame it
  7. A competition blog post
  8. A picture gallery post of either your business, processes, staff or key products
  9. An opinion piece on a certain technology or news piece in your domain
  10. A post looking to future trends within your industry

Matt’s Comment:  A really good example of #7 is from Pete Moran, who joined us for Podcast #2. Pete has just started a competition today on his site called “Guess That Thing”, take a look at it here, I have no idea what it is, do you?

Q5: Where can people find out more about you John and Thought Leadership Marketing?

Becoming THE ExpertJohn really is the Though Leader in marketing and we would like to thank him again for being our guest on this Podcast.

The truth is however that we have barely scraped the surface on what his book “Becoming the Expert” covers. So if you found this podcast useful and want to take it to the next level we would strongly recommend buying John’s book.

It’s available on all digital e-reader devices and can be found in all the main digital e-bookstores. See below for the Becoming the Expert website and the link to his publisher where you can get all the information on where to get hold of his book.  Likewise if you want to get in touch with John on twitter we have included his Twitter name below too.

John Hayes

John HayesJohn’s Hayes | Blog@john_w_hayes | LinkedIn John’s Book “Becoming THE Expert: Enhancing Your Business Reputation through Thought Leadership Marketing” is now live and you can purchase via his  publishers site here.

Your Feedback

If you have any questions about what we covered with John in the Podcast, let us know by leaving a comment below.

Will You be at the ChannelAdvisor Catalyst 2012 Event?

ChannelAdvisor Catalyst 2012

Catalyst Register 2012It’s getting closer! I was pretty much veto’d from attending the Catalyst event for the best part of 5 years due to working for competitors, I had always recommended others to go and the feedback was always really positive.

So last year I broke my Catalyst virginity and attended the ChannelAdvisor event at the Park Plaza Riverside hotel in London and I’m really looking forward to attending this years event. Its also a special time for me as I’m getting married to my partner of 12 years a few days after, so if you’re attending and would like to meet up for a beer afterwards, let me know!

I’m also looking forward to meeting David Spitz again and also the new Managing Director of EMEA Seamus.
(I wonder if he has the same dancing skills as James?)

Chris from Tamebay has a special voucher for the event, giving you a £80 discount, use the code “tamebay2012” when registering.

Speakers

This year we have an interesting line up of speakers including:

*coff* they’re all links to LinkedIn profiles ;-)

The event is spread over two days, Monday 28th and Tuesday 29th May. The agendas are below:

Monday, 28 May, 2012

9:00 AM  –  10:00 AM
Registration Open
Location: Foyer Area
10:00 AM  –  10:45 AM
Workshops

1 – International Expansion: Breaking down borders

2 – Becoming Social- Tips on using Twitter, Facebook, Google+ and YouTube to generate leads

3 – The Evolving Customer

10:45 AM  –  11:30 AM
Workshops

1 – Putting the changes in Comparison Shopping to work for you

2 – Time to get mobile- Making your business mobile friendly

3 – Back-Office Integration: How to simplify your processes

11:30 AM  –  12:00 PM
Networking Break

Exhibition Open

Strategy & Support Booths Open

12:00 PM  –  1:00 PM
Workshops

1 – Creating an engaging and user-friendly website that converts

2 – Whats hot and whats not – Channel Trends

3 – How to succeed and make more money online

1:00 PM  –  2:00 PM
Networking Lunch

Exhibition Open

Strategy & Support Booths Open

2:45 PM  –  3:30 PM
Workshops

1 – Our path to success” One company’s insight into their business.

2 – How Retailers Can Succeed Independently with Daily Deal and Flash Sale Campaigns

3 – eBay Best Practices, things to ensure that you do, things to ensure that you don’t do.

3:30 PM  –  4:00 PM
Networking Break

Exhibition Open

Strategy & Support Booths Open

4:00 PM  –  4:45 PM
Workshops

1 – Online Marketing Strategy- Tips, Tools and Techniques

2- Leveraging Salesforce.com CRM to Streamline and Grow your eCommerce Business

3 – Trading online – Making Payments simple

4:45 PM  –  5:30 PM
Workshops
1 – Becoming a Top Rated Seller on eBay2 – How to win the Buy Box3 – TBA
5:30 PM  –  10:00 PM
Catalyst Drinks Party
In The Sky Bar

Tuesday, 29th May

8:00 AM  –  5:00 PM
Registration/Info Desk Open
8:00 AM  –  9:00 AM
Networking Refreshments
9:00 AM  –  9:45 AM
Scot Wingo – CEO, ChannelAdvisor
9:45 AM  –  10:30 AM
The Changing Face of the Global Retail Landscape – Panel Discussion
10:30 AM  –  11:00 AM
Networking Break
11:00 AM  –  12:00 PM
Miriam Lahage, Global Head of Fashion Brand, eBay
12:00 PM  –  1:00 PM
Jacqueline Gold, Chief Executive of Ann Summers and Knickerbox
1:00 PM  –  2:00 PM
Networking Lunch
2:00 PM  –  2:45 PM
Amazon Keynote
2:45 PM  –  3:15 PM
Interview with Peter Briffett, MD, LivingSocial UK, Ireland & Netherlands
3:15 PM  –  3:45 PM
Taking Retail Mobile – Panel Discussion
3:45 PM  –  4:15 PM
Networking Break

Exhibition

Strategy & Support Booths Open

4:15 PM  –  5:00 PM
Gavin Sathianathan, Head of Commerce Partnerships, Facebook
5:00 PM  –  5:30 PM
Practical tips to immediately apply to your business
5:30 PM  –  7:00 PM
Drinks & Networking Reception

Are You Attending?

So will I be seeing you there this year? Let me know in the comments box below.

“Apples are Apples” or are they? – eSellerPro V’s ChannelAdvisor

Yesterday was an interesting day’s reading. On the one hand CEO of ChannelAdvisor Scot Wingo was elected to Shop.org’s board of directors, which is frankly quite a feat considering there are only five places for non-retailers & is a highly coveted position.

A quote Scot Wingo:

“I am absolutely honored to join a board of such diverse executives and e-commerce leaders to serve the Shop.org members and continue the development of such a prestigious program,” said Wingo. “I look forward to collaborating with these other industry leaders to influence and inform many of the top issues facing the world of e-commerce.”
Source: Business Wire

And on the other hand a few minutes later, this crops up on Twitter:

It really has been a fantastic year for eSellerPro so far. I joined the company as the new CEO in January,and since then we have seen several other key additions to the management team and the sales team has doubled in size. Our annual revenues have grown to £2.4M with more than 100% growth forecast for the current year. If that wasn’t good enough, the business now has more than 200 customers, including well-known brands such as BMW, Dixons Group, JJB Sports, Office Shoes, Maplins and Tesco. 

It is a very exciting time for us all at eSellerPro, and as we continue to grow we can only expect things to get even better.

Keith Bird, CEO, eSellerPro
Source: eSellerPro Blog

While at least three of these are 3rd-party clients is almost irrelevant, what is interesting is the ~100% growth and disclosure (see here) that the platform is churning over £1M in transactions per day.

Summary

While some way from the $3 Billion USD ChannelAdvisor processed in a year[2010 ?], £1M appears to be rather small. However apples are certainly not “Apples” when trying to compare two SaaS (Software as a Service) platforms that operate in the same market, one has been around since 2001, the other is just getting started,  however could this be where its heading?

Image courtesy of Fir0002