Rusty Shelton, Founder/Chairman of Zilker Media, and Barbara Henricks, Founder, President & CEO of Cave Henricks Communications, tag-team a fascinating talk on the "micromedia mindset", the 3 types of media, the power of perception, why you should prescribe, not sell, and the trick to being discoverable.
I'm proud to introduce you to two people who made a big
Host:impact on my life. Barbara Henricks is the president of
Host:Cave Henricks Communications, which is a firm that has
Host:spearheaded campaigns for Jack Welch, Marcus Buckingham, Tom
Host:Rath, and then one of her business partners, Rusty Shelton
Host:has worked on more than 25 New York Times and Wall Street
Host:Journal's best sellers, and they have lifted roles. And they have
Host:a book called Mastering the new media landscape. And so thanks
Host:for being here.
Barbara Henricks:Thanks for having us.
Host:Well, let's dive in. You use this phrase micro media. So
Host:can you just introduce what is micro media? And how how has the
Host:media landscape changed in the last, you know, 5 or 10 years?
Rusty Shelton:Sure. So what Barbara and I talk a lot about
Rusty Shelton:in the book is this idea of embracing the micro media
Rusty Shelton:mindset. And the way that we think of that is, we've really
Rusty Shelton:entered the age of micro media, where every individual and brand
Rusty Shelton:is a media outlet, whether they know it or not. So everybody
Rusty Shelton:listening to this podcast, right now, companies, nonprofits, etc,
Rusty Shelton:or all media outlet today, again, whether they recognize
Rusty Shelton:that or not. And so what they had the power to do now is to go
Rusty Shelton:around gatekeepers that used to guard access to, to ink in
Rusty Shelton:newspapers, or the airwaves on a on a radio program or a TV show.
Rusty Shelton:And now they can go right around those traditional gatekeepers in
Rusty Shelton:and get directly to their audience. And the way that we
Rusty Shelton:think about that is some people that are that are listening,
Rusty Shelton:this podcast may just influence a few 100 people via a Facebook
Rusty Shelton:profile, or a Twitter account, other people like you, through
Rusty Shelton:the podcast are influencing 10s of 1000s of people each month.
Rusty Shelton:And so it's this idea that individuals and brands have an
Rusty Shelton:opportunity that they've never had before, to build out a
Rusty Shelton:subscriber base and an audience that they own the connection to.
Rusty Shelton:And those micro media outlets matter tremendously to anyone
Rusty Shelton:looking to get the word out and today's media landscape.
Host:What are the real implications of this to business
Host:owners, to customers?
Barbara Henricks:Oh, what's happened is, you know, the
Barbara Henricks:media, the traditional media, the Oprah, the CNN, the Fox, and
Barbara Henricks:friends, you know, all of those have been challenged. This was
Barbara Henricks:largely caused by the internet. So that real estate, those
Barbara Henricks:national media hits in traditional urban space are
Barbara Henricks:probably more valuable than ever, if you believe in the
Barbara Henricks:economic principles, things that are scarce being more valuable.
Barbara Henricks:The big change here is there are no gatekeepers. So the upside of
Barbara Henricks:that is you can build this personal connection to your
Barbara Henricks:audience. The downside of this is that it's made the world go
Barbara Henricks:from noisy to what I call deafening, it also makes the
Barbara Henricks:news cycle itself very odd. So this is what's changed. The
Barbara Henricks:gatekeepers aren't there. And things now have this opportunity
Barbara Henricks:to become news. It's not just going viral, it's just that the
Barbara Henricks:gatekeepers gone. And everybody has a direct, you know, access.
Barbara Henricks:Practically speaking, this means there's an opportunity before
Barbara Henricks:you to use this democratic access to this space to engage
Barbara Henricks:to offer valuable information to engage in dialogue. The
Barbara Henricks:challenge is that not everyone has the skills to do this
Barbara Henricks:tremendously well. So we have layman journalists, you know,
Barbara Henricks:something very insignificant, or minor or trivial can push real
Barbara Henricks:news out of the spotlight or out of the headline. The upside of
Barbara Henricks:that is think about some of the good uses. Do you know, the ALS
Barbara Henricks:Ice Bucket Challenge millions of people Sure $20 million was
Barbara Henricks:generated by that campaign for people. You know, it was
Barbara Henricks:outrageous, it was silly, it was a visual, it also raised a lot
Barbara Henricks:of awareness and a lot of money. So the environment is really you
Barbara Henricks:know, it is a two edged sword. There are also new creations
Barbara Henricks:like Reddit AMA asked me anything, we now have access to
Barbara Henricks:people like Bill Gates, President Obama, who will take
Barbara Henricks:advantage of this and we have more direct access. So it's
Barbara Henricks:definitely an up and downside to this new environment. But the
Barbara Henricks:fact of the matter is, the environment is different. And we
Barbara Henricks:all need to change.
Rusty Shelton:So you guys in the book, you talk about the
Rusty Shelton:three different categories of media. Can you touch on those?
Rusty Shelton:Most people that we talked to, when they're thinking about a
Rusty Shelton:marketing plan, or a launch strategy for a book or a
Rusty Shelton:product, it typically is grouped into one of two areas. It's
Rusty Shelton:either social, or its traditional. And Barbara and I
Rusty Shelton:feel like that's a really dated way to look at the media
Rusty Shelton:environment. It really doesn't apply anymore. In this media
Rusty Shelton:environment. We think what is most important for your
Rusty Shelton:listeners and others to think about is this idea of whether or
Rusty Shelton:not they I own the media. So in other words, whether or not they
Rusty Shelton:own the real estate online. And so in the book, we separate
Rusty Shelton:media into three categories, owned, earned and rented media.
Rusty Shelton:So owned media is every piece of real estate, online in every
Rusty Shelton:media that you own. So your website, if it's hosted on, on
Rusty Shelton:your name, your blog, because it lives on that same website, your
Rusty Shelton:email list, because you own the connection to your audience
Rusty Shelton:through that email list. If you have a physical mailing list, as
Rusty Shelton:many companies do, that's owned media, the idea around owned
Rusty Shelton:media in as Barbara and I really look at the overall media
Rusty Shelton:landscape owned media equals leverage in this media
Rusty Shelton:landscape, it's an audience that you can get to anytime you want
Rusty Shelton:to. And so you don't have to hope that NPR says yes to an
Rusty Shelton:interview request, you don't have to hope that that company
Rusty Shelton:agrees to run your article, you own the connection with a large
Rusty Shelton:audience, you can reach them anytime you want. Second
Rusty Shelton:category is rented media. So a lot of people that we hear talk
Rusty Shelton:about, you know, their audience, they say, Okay, well, my
Rusty Shelton:Facebook page, my Twitter account, my LinkedIn profile it
Rusty Shelton:and in some ways, that's true, of course, you've got a lot of
Rusty Shelton:control over what your LinkedIn profile looks like, you've got a
Rusty Shelton:lot of control over what goes out on your Twitter feed. But in
Rusty Shelton:actuality, you actually own that real estate, you're in many ways
Rusty Shelton:renting that real estate. And so a lot of brands found this out
Rusty Shelton:the hard way in 2013, when Facebook, tweaked their
Rusty Shelton:algorithm and limited access to the audience that brands had
Rusty Shelton:spent years building on brand pages, and once in one fell
Rusty Shelton:swoop limited access to that audience to about 10% of what
Rusty Shelton:brands had previously. And so what Barbara and I talk a lot
Rusty Shelton:about in the book is this idea that yes, we absolutely will
Rusty Shelton:absolutely think that individuals and brands should
Rusty Shelton:have a smart rented media strategy. But you always have to
Rusty Shelton:keep in the back of your mind that the audience that you leave
Rusty Shelton:on Facebook or the audience that you leave on LinkedIn, as
Rusty Shelton:opposed to consistently focusing on trying to convert them to
Rusty Shelton:your email list, or owned media is an audience that's always at
Rusty Shelton:risk. The last category for us is earned media. In earned media
Rusty Shelton:includes what we might think of as traditional media. So it's
Rusty Shelton:getting an opportunity to be featured in The New York Times,
Rusty Shelton:or Fox Business, or NPR or others earned media for us also
Rusty Shelton:includes this podcast, because this podcast is not something
Rusty Shelton:that you're letting just anybody on TV, we've got to earn our way
Rusty Shelton:on to this podcast. So it's this idea that there's a lot of
Rusty Shelton:perceived credibility that goes along with earned media. And
Rusty Shelton:there's a good reason for that, because it's not easy to get on.
Rusty Shelton:And so the way that we think about earns media and you've
Rusty Shelton:done this so well, with your podcast is this idea that when
Rusty Shelton:you get out in front of an audience, what you're trying to
Rusty Shelton:do is not just provide extreme value and give them entertaining
Rusty Shelton:and informative content. But we always want to have that call to
Rusty Shelton:action, whether it's a free quiz or a download on a website, or a
Rusty Shelton:reason for those people to hit on their smartphone in the
Rusty Shelton:audience and head over the website and grab a free ebook or
Rusty Shelton:whatever it may be. And so those are the three categories that we
Rusty Shelton:think are important for people to be thinking about. And this
Rusty Shelton:idea that you always want to have a bit of a magnet,
Rusty Shelton:directing people towards owned media.
Host:You mentioned idea early on that everybody is a
Host:journalist now because of really because of social at least. And
Host:so at the salesperson level, if we go all the way down there,
Host:the why should we care about micro media? Or should we care?
Host:And if we care, how much should we care? Like, how much time
Host:should we be spending on it?
Barbara Henricks:I'm going to make the argument, the audacious
Barbara Henricks:argument that you should care more than any other sector of
Barbara Henricks:business, because your job is not just to be transactional,
Barbara Henricks:right? The best sales people are what their relationship base,
Barbara Henricks:they're trying to do more than close the sale, they're trying
Barbara Henricks:to create a relationship. So what media does at the own
Barbara Henricks:level, is it gives you direct access to your customer base. So
Barbara Henricks:all your clients now you can be servicing them basically all the
Barbara Henricks:time, not just when you go in for the sales call. But you can
Barbara Henricks:be providing valuable content all the time. So these tools
Barbara Henricks:should really be looked at as okay, I'm not going to just grow
Barbara Henricks:a subscriber base, as Rusty said that sits on Facebook, or
Barbara Henricks:LinkedIn or wherever I keep it. I'm going to challenge myself to
Barbara Henricks:create my own customer base on some piece of real estate that I
Barbara Henricks:own so that I can constantly be giving them something that's
Barbara Henricks:valuable. We need to be pushing the media we reach out to them
Barbara Henricks:with pitches we follow up. We're trying to build a relationship
Barbara Henricks:so that the next time a book crosses their desk, what goes
Barbara Henricks:through their mind not to my interested in this book, but do
Barbara Henricks:those guys bring me good stuff? Or do they crawl my desk with 58
Barbara Henricks:books every day that I don't have anything to do with what I
Barbara Henricks:write about or what I do on my show? So if We build the right
Barbara Henricks:kind of relationship with our contacts. And we use media to do
Barbara Henricks:it. So, you know, what are your customers needs? Besides your
Barbara Henricks:product? What can you provide them that a distinguishes
Barbara Henricks:yourself and be delivered something that makes you
Barbara Henricks:memorable and different in their minds? And I think micro media
Barbara Henricks:is a good way to do that. What do they need? What are they
Barbara Henricks:looking for? answer those questions kind of, well, you
Barbara Henricks:know, it's what we try to do on our blog. You know, I might
Barbara Henricks:interview a literary agent, what does anybody need a literary
Barbara Henricks:agent today? Who reads my blog author, authors who are trying
Barbara Henricks:to get attention, I'm trying to serve my audience, between the
Barbara Henricks:times that they need my service. And I think that salespeople
Barbara Henricks:have the potential to do that. It's what you're doing right now
Barbara Henricks:you're doing a podcast, you know, you're making touchpoints.
Barbara Henricks:Beyond just, you know, one initial impression, Macromedia
Barbara Henricks:really allows you to make constant impressions, or to
Barbara Henricks:manage the relationships so that you are there was something
Barbara Henricks:valuable when you crossed their, you know, their desk in this
Barbara Henricks:very noisy, distracted world in which we lead?
Host:What's the right amount of time to spend doing this?
Rusty Shelton:Yeah. So you know, it's a good question, as
Rusty Shelton:you think it varies by person, but we see as a pretty
Rusty Shelton:consistent time commitment. You know, people can do this well,
Rusty Shelton:with 15 to 30 minutes a day, focused on it. And what we
Rusty Shelton:recommend a lot of times is breaking that up into a couple
Rusty Shelton:of times a day where where you hop on to Twitter or LinkedIn, I
Rusty Shelton:think are the two platforms that are most appropriate, at least
Rusty Shelton:in the rented media space for for salespeople. And, you know,
Rusty Shelton:you had asked earlier, why should we care as a as a sales
Rusty Shelton:industry about micro media. And just to expand on on something
Rusty Shelton:that Barbara talked about there, the power of perception is is
Rusty Shelton:hugely important for salespeople, salespeople should
Rusty Shelton:be seen as the authority in their industry. And it's very
Rusty Shelton:hard to be an authority unless you have a personal brand in
Rusty Shelton:place. And we believe in today's media landscape, the best route
Rusty Shelton:to a personal brand. That positions you as an authority
Rusty Shelton:where you can prescribe and not sell is to become a micro media
Rusty Shelton:outlet yourself and associate yourself through good content
Rusty Shelton:through interviews through you know, influencer connections
Rusty Shelton:with the current tastemakers in your industry.
Host:One last little question. And I'd love to hear from both
Host:of you on this. The world is changing so ridiculously fast.
Host:How can companies and also individuals sort of future proof
Host:themselves to survive the changing media landscape, if you
Host:will.
Barbara Henricks:So there are a couple of things I would throw
Barbara Henricks:out first before I toss it over rusty, so one is just being what
Barbara Henricks:we call discoverable. So before you open up anything new or
Barbara Henricks:decide you have to engage in you know, 20 new activities, start
Barbara Henricks:with where you are, look at yourself, Google search, you
Barbara Henricks:know, do a search engine shot on yourself, and see how easy you
Barbara Henricks:are to find, you should be on page one of Google. So the first
Barbara Henricks:thing you do is find out how discoverable you are. So that
Barbara Henricks:when people want you need you, they can't find you to do that.
Barbara Henricks:Rusty, I know would give the advice go out right now today,
Barbara Henricks:stop everything and buy the URL that's associated with your
Barbara Henricks:name. So www dot Barbara henrichs.com. If you can do that
Barbara Henricks:locked down that real estate, it will get more valuable over
Barbara Henricks:time. The second thing I would do is just make sure that all
Barbara Henricks:the bios that people can see actually reflect what you do
Barbara Henricks:today. Over and again, authors come to us with bios that don't
Barbara Henricks:talk about their latest book, you know, they say or they just
Barbara Henricks:mentioned the book, they don't embed certain keywords that the
Barbara Henricks:media might be looking for. So you know, we worked with a woman
Barbara Henricks:who had written a book about terrorism essentially. And one
Barbara Henricks:little tweak of her social media by bio when ISIS erupted, drove
Barbara Henricks:all sorts of traffic to her door, she was an expert on ISIS,
Barbara Henricks:she was so all we needed to do was embed that's a look at your
Barbara Henricks:own the existing bios that you have, make sure they're up to
Barbara Henricks:date, make sure they're accurate so that you're discoverable and
Barbara Henricks:by your URL. Second is a really easy one in a softer principle,
Barbara Henricks:which is never sacrifice credibility. When you start
Barbara Henricks:representing yourself online. Always be accurate, always be
Barbara Henricks:authentic. I just don't think that there's any replacements
Barbara Henricks:don't start creating an image that you are not comfortable
Barbara Henricks:with that is false. Just be who you are perhaps be a little
Barbara Henricks:larger or dramatic so that you know it is seen maybe not
Barbara Henricks:dramatic, so better but be more of who you are in larger doses,
Barbara Henricks:but always be authentic and always be accurate.
Rusty Shelton:Yeah, what I would add to that I think you
Rusty Shelton:know, Barbara hit the nail on the head there around clarity
Rusty Shelton:and I think in this noisy media environment, the the individuals
Rusty Shelton:and brands that provide real clarity for what their brand is,
Rusty Shelton:have a huge advantage. You see a lot of people that are that are
Rusty Shelton:building out a micro media outlet where there's it's not
Rusty Shelton:real clear kind of what value they're providing. You know,
Rusty Shelton:there are people that own, you know, certain certain phrases or
Rusty Shelton:certain certain areas of focus. And I think branding and clarity
Rusty Shelton:around branding is hugely important. The other thing I
Rusty Shelton:would say in terms of future proofing is, again, not to put
Rusty Shelton:all of your eggs in any one basket, I see a lot of people
Rusty Shelton:that are incredibly heavy on their Facebook page or the
Rusty Shelton:entirety of their platform is wrapped up with the fact that
Rusty Shelton:they have a Forbes column. And in a moment's notice, if you
Rusty Shelton:don't own the real estate, you've got to be really clear
Rusty Shelton:that that can be taken away from you or Facebook can make a
Rusty Shelton:change and limit access to your audience. So future proofing, we
Rusty Shelton:believe the more of the connection to the audience that
Rusty Shelton:you own, through an email list through subscribers on your
Rusty Shelton:site, etc, the more leverage you have over the long term, so I
Rusty Shelton:would say owning a connection with your audience is another
Rusty Shelton:thing I would say is a really important future proofing
Rusty Shelton:strategy.
Host:Yeah, where do you want people to go to connect with you
Host:and get the book?
Rusty Shelton:Sure. So the best place to go is
Rusty Shelton:masteringthenewmedialandscape.com there's lots of good information
Rusty Shelton:about the book there. They can also go to cavehenricks.com To
Rusty Shelton:learn more about cave henricks communications, Rustyshelton.com
Rusty Shelton:to learn a little bit more about what we're up to, but we're
Rusty Shelton:really excited about the book and you know, sure appreciate
Rusty Shelton:you having us on.
Host:Thank you guys so much. We wish you the very best.