Post #7–Two Women Business–Kendra Bonnett and Matilda Butler

In my post yesterday I talked about the power of Web 2.0 to create a groundswell for products, whether that be a political candidate, ballot measure…or your book, service or latest widget. The case made by our recent elections serves as such a clear example that I want to follow up with a few numbers I’ve come across. The disparity in the social media presence between Senator John McCain and President-elect Barack Obama illustrates how Obama could raise record sums from so many small contributors.

• 150 million blog posts about John McCain v. 500 million posts mentioning Barack Obama (according to post on ReadWriteWeb).
• Just 224,254 MySpace friends for McCain v. 867,074 friends for Obama (figures as of 11/6/08)
• 4917 followers on Twitter for McCain v. 119,762 followers for Obama (figures as of 11/6/08).

So what do the numbers tell us? You should start building your ground game today. As entrepreneurs and authorpreneurs you can use social networking to create more than just buzz. You can connect with your customers and prospects (to provide a higher level of service) and build word of mouth support, both powerful marketing tools. And you can make sales. Social media translates into real dollars.

Your first step is to move away from your static Website and start running your site on a blog platform like WordPress. And when you start posting your blogs, aggressively use tags, keywords and search engine optimization. You’ll build valuable Web presence. While this is important regardless the market you are trying to reach, it’s absolutely essential if you target the Gen X and Gen Y markets (consumers 14 to 44). Fully 90 percent of the 130.5 million young consumers in the United States rely on the Internet for most of their information. Their collective annual income? Almost $6 trillion.

If you’re not sure how to start, let an Internet marketer help you develop a professional blog and create a blogging and social networking strategy. Getting started is not expensive, and once you’re up and running you’ll easily be able to manage most of the site yourself. This is a cost-effective strategy with huge potential for payoff.

Post #5–Two Women Business & Publishing–Kendra Bonnett and Matilda Butler

Traditional media has been taking a beating of late. Well not just of late. Newspapers and magazines have been reporting declining readership, lost ad revenue, and dwindling stock values for some time now. Seemingly the only thing going up are the number of layoffs. And now after about a century of daily publication, the Christian Science Monitor will cut back to a weekly. Last night on the NewsHour with Jim Leher, we heard an interesting segment, called “Old Media, New Media,” and I’ve included a link to the audio file.

There’s no question print media has to change to remain at all competitive. And digital media is the cost-effective choice. Paper, printing and distribution costs make it difficult for publications to compete aggressively for readership that’s drawn to 24-hour news, cable TV channels tailored to virtually every interest, mobile media and the Internet. Add economic uncertainty to the equation and it becomes virtually impossible.

So what does this have to do with blogging? It’s this. For all I read and hear from the traditional media about the need to cut costs and reposition themselves in the digital arena, I hear very little about how they’re going to build their Web presence.

I grant that the major magazines and papers have a stronger brand than you and I, and that many of their loyal readers will follow them online. But will they stay? It all depends on how effectively the old media make the transition. Will they embrace interactive formats, encourage forums, blog effectively? Will they be able to compete with social networks? Some will. Many will not. The new media is not traditional media sans the paper and ink. Success requires a new template.

The same applies to authors and entrepreneurs moving online from traditional publishing and brick-and-mortar businesses. Blogging and social media are key components that we’ll continue to explore there. But I want you to leave you this link to a discussion between author-entrepreneurs Seth Godin and Tom Peters recorded for American Express’ Open Forum.

“I just don’t know what to blog about.” I can’t tell you how often I hear that one. While the obvious answer is, “Then don’t blog!” I suspect the problem is more fundamental. Many people who blog or think they should blog don’t know why they’re doing it…except that it seems everyone else is blogging. So before you start blogging…or give up on an apparently unsatisfactory blogging experience, consider these 21 steps. They’ll help you know how (or even if) you should go forward.

Now, as a twist today, I crafted this post in response to a challenge over at Copyblogger. Author Brian Clark suggested we all take a page from a current issue of PC World and create a post with a list headline. You can see his post by clicking here.

I’m not going to elaborate on any of these 21 items as my post would be impossibly long. But I promise to return to some of these subjects in future posts and explore them in greater depth. Also the items are in no particular order. Enjoy.

[click to continue...]

Unless you don’t use Amazon at all, you probably are aware of the Kindle digital book. It’s very cool. The basic unit:

* weighs just 10.3 ounces with a 6? screen capable of 600×800 pixels and gray scale images
* holds more than 200 titles (more memory available)
* has a library of more than 160,000 books, blogs, newspapers, magazines and ebooks available for download
* charges just $9.99 for most books
* handles audiobooks and music as well as text
* uses cell phone technology to link (so you don’t have to find a wi-fi hot spot
* lets you read for about a week on a single charge
* charges you only for what you download, no monthly wireless bills, contracts or service plans
* allows you to annotate text
* makes available free samples and first chapters for your review before buying

But even with all this to commend the Kindle, you may be thinking the price is still too high for you (at $359). Kindle: Amazon’s New Wireless Reading Device Are You Thinking Kindle? But did you know you can get a $100 rebate if you buy with your Visa card? And conventional wisdom suggests the price will continue to fall. Still some readers think it best to wait for Kindle 2.0 to come out before they buy.
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But as writers, you should know that about 250,000 Kindles have been sold. This is a platform you should probably be considering for your book or ebook. Amazon now has a section for authors to go to learn more. So check out the Digital Text Platform and start preparing to publish for Kindle.