The New Caveat Emptor - Marketing On Blogs, Social Networking And User-Generated-Content Sites
Recognizing The Opportunity Is Great But So Are The Risks
- Brands must have absolute control over the editorial environment it chooses to be a part of. Sponsoring a channel that exercises no control over what it posts with regard to generally acceptable social behavior and good taste could result in a consumer backlash against the brand despite later apologies and cessation of the sponsorship. This is not a matter of stepping on anyone's First Amendment rights to free speech. It is a matter of being empathetic to the sensitivities of consumers.
- A brand deciding to use these new channels should appoint an ombudsman to oversee these channels on the brand's behalf. The role of the ombudsman is to resolve issues where the brand and the channel are in disagreement. This must be done before the fact not after "the horses are out of the barn".
- Insure the sponsorship of the channel is transparent for consumers with proper disclosures on the nature of the relationship.
- Demand measurement metrics for the investment audited by a third party.
- Negotiate a quick out termination clause if the brand is threatened. Don't pass GO. Don't collect $200. Get out fast.
Can these channels be an important component of a brand's marketing mix. Of course, but new channels require more oversight and scrutiny. This responsibility cannot be delegated to third parties. There is simply too much at stake.
