Archive for the ‘Marketing’ Category

Word of mouth still reigns

Tuesday, October 13th, 2009 by Linda

This Thanksgiving weekend, my family attended a pottery sale just outside my husband’s hometown. There were lots of beautiful pieces and the weather was perfect to wander in the outdoor tent, watch a potter at work and debate whether to buy this piece or that for Christmas gifts. How did we hear about it? We have good friends who attend every year and, having admired their bounty from this sale, we finally managed to attend this year. I expect it won’t be the last time we do so.

Similarly, we attended a pumpkin patch to select a gourd worthy of being our Jack-o-lantern. How did we select what patch to go to? We had a recommendation from friends about one they’d been to and liked.

As ardent movie fans, especially of the horror genre, my husband and I eagerly await the showing of the new horror movie Paranormal Activity in a theatre near us. The movie is reminiscent of The Blair Witch Project in a number of ways, but for this blog’s purposes the most relevant is the huge word-of-mouth marketing campaign that the movie has undertaken, and the large numbers of people flocking to see it because they’ve heard from their friends and other taste-makers that it’s a rollicking, scary good time. The folks behind the movie used the internet to best advantage, asking for 1,000,000 votes to secure nationwide distribution for the film. It passed that mark on Friday. There’s nothing like a good horror movie around Halloween, so here’s hoping that the movie makes it to Ottawa in the next few weeks.

In today’s day and age where the proliferation of marketing channels and media messages is at an all-time high, it’s interesting to note that our purchasing decisions are still so heavily influenced by word of mouth. The best way to ensure good word of mouth is by providing excellent goods and services along with superior customer service. If you have these elements well in hand, your customers will happily spread the good word.

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A salty metaphor for letting one’s competitive edge slide off the plate

Thursday, October 8th, 2009 by Leo

A trip to the grocery store that inevitably ended up being an extended exercise in reading and comparing nutrition labels got me thinking about the importance of paying close attention to how you are perceived in the marketplace, what you consider to be your competitive differentiators and how they stack up against the offerings of your rivals.

It all began with soya sauce, or rather, the quest to find a sodium-reduced option, soya sauce being one of those things we sometimes like to apply liberally with little regard for the hypertensive consequences.

The first thing I saw on the shelf was VH, a well known brand for all manner of sweety and salty Asian condiments. One tablespoon of its regular soya sauce has a whopping 48 per cent of your daily recommended sodium intake. Beside it was VH’s salt-reduced alternative, still at 32 per cent.

Next was Kikkoman, the mainstay that seems to have the restaurant industry locked down. Its regular brew has 38 per cent, while its reduced-sodium alternative has 24.

And then there was the humble President’s Choice store brand. Its regular brew (there wasn’t a reduced option on the shelf) has a mere 22 per cent. It trumped both of the major brands with its regular offering.

And while the store brand is generally cheaper, when I saw that number on the label, I didn’t even bother to compare prices before dropping the PC soya sauce into the shopping cart. Neither price, nor brand prominence, was relevant to me as a consumer. What mattered was that the PC brand gave me the better option as a matter of course, rather than trying to pander to my health-conscious concerns with an alternative product that still didn’t cut the mustard upon closer inspection.

The moral of the story? At a time when at least some areas of the economy are starting to turn around and and prospective customers have begun to spend again, it is crucial to listen to your marketplace and invest the time and effort necessary to ensure you are giving it what it wants, not just on the surface, but deep under the hood. Because you can rest assured that your customer base will still hold any expenditures up to the harsh light of scrutiny for some time to come.

Your product or service must deliver what it promises on the label, not to your satisfaction, but in accord with the perceptions and expectations of your customers.

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Give great writing its due

Tuesday, September 29th, 2009 by Leo

“I have made this letter longer than usual, only because I did not have time to make it shorter.”

Whether this quote is more appropriately attributed to Mark Twain or Blaise Pascal is beside the point. What matters is that it aptly sums up the delightful, frustrating and fulfilling struggle that is the art of writing.

Whether you are an amateur writer of fiction intent on improving your craft, or a communications professional subject to the scrutiny and criticism of those who may fail to appreciate your clever turns of phrase, one observation of Twain’s still holds true: “A man cannot be comfortable with his own approval.”

As a communications professional accustomed to my approval of what I produce being secondary to that of the client, I often hear comments like, “This is what we want to say, but we’ll leave it to you to polish it up and make it sound good,” or, “I don’t know how we can get all that across in (blank) number of words.”

My job is to create an effective piece of writing intended to serve a specific purpose and achieve a desired result for people who lack the time, or the skill, to do it for themselves. They recognize the value I bring to the table, while at the same time, I appreciate that what I am doing has a direct impact on their image and brand. It is a collaborative effort that must balance creative freedom with the dollars-and-cents demands of lead generation and business development.

But at the heart of this process, regardless of how many other people are involved and providing their input, there remains the individual writer toiling in solitude to string words together in a manner that will engage the reader, convey critical information and spur them to action in as concise a manner as possible. Mastery of this skill requires a natural talent that must be honed through a process of lifelong learning, constant practice and a humble appreciation for the work of a good editor.

Being able to write effectively, on demand, to further someone else’s agenda, is a talent years in the making. It is a professional service that should be given its due and recognized for the value it provides. It should not be regarded as a commodified service. Writers are a dime a dozen, but great writers are in another class entirely. There is a profound difference between derivative cut-and-paste recycling of content and distilling a mass of information from numerous sources into a cohesive and concise form that furthers understanding.

So next time you find yourself in need of a good writer to support your marketing and public relations objectives, remember that you are looking for a partner who will bring unique strengths to the table and work with you to achieve a successful execution. And most importantly, great writers are worth the money, but not everyone who charges a premium rate is a great writer.

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Startup boot camp, fewer events form The Ottawa Network’s new season

Thursday, September 10th, 2009 by Francis

A weekend-long, competitive startup boot camp in October that will see the winning team take away $5,000 in seed funding was the most interesting piece of a coherent new programming line up announced last night by The Ottawa Network, the city’s grassroots networking club for the technology sector.

The startup camp, which will be repeated in the spring, was the second of four “program pillars” revealed by TON president Rick O’Connor. The first pillar, Network, will see TON continue to hold business networking and educational events, although at two a month, these will happen only half as frequently as last year’s somewhat over-ambitious weekly schedule. The third pillar, Finance, will feature a repeat of last year’s popular Founders and Funders dinners that saw angels and venture capitalists rub shoulders for an evening with entrepreneurs looking for funding. Details of the final pillar, Grow, will come later.

TON will also start charging a membership fee for the first time since it was founded in 2001 by a cohort of down-sized refugees of the telecom crash who gathered together to commiserate and help each other found new ventures and find new jobs. General membership will cost $25 per year in a move O’Connor said the organization hopes will lead to a more committed, targeted and involved membership.

The first startup boot camp is scheduled for October 23 to 25, and TON hopes to attract up to 75 participants who will self-categorize themselves into the various functions a new company needs, such as development, marketing and so on. On the Friday evening, as many as a dozen of the participants will pitch their ideas for a startup and teams will be formed based on who else wants to join them to work on that pitch for the weekend. On Sunday evening, each team will make its pitch, with the winner coming away with $5,000 if it incorporates as a fresh start-up.

TON’s new programming line up is a welcome evolution for an organization that significantly revitalized itself last year after a couple of years of fairly moribund existence. We’ve been big supporters of the network almost from the beginning, and I saw several instances last year where exciting new ventures got a solid helping hand as a result of a TON initiative.

Even better, in my view, is the introduction of a membership fee. As Shopify founder Toby Lutka said at a different event a few months ago, “Twenty four dollars is a slightly more annoying version of free.” His point, which I thoroughly endorse, is that if you have created something of real value, people ought to be willing to pay you something to use it. Not incidentally, in the process of charging for something, you also find committed customers, rather than just tire kickers. Those who can’t afford the fee — TON has always been attractive to those looking for work or operating ventures on a shoestring — can still attend up to three events a year without paying anything.

I’ll be a regular at TON events both for its inherent value to my own business and so that I can continue to bring its news to readers of this blog.

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On the hunt for the ‘unambiguous value statement’

Thursday, September 3rd, 2009 by Leo

It’s been a while since I have expounded on the subject of reference customers. (OK, it’s been a while since I’ve expounded on any subject on this blog, but here I am, back in form.)

In our work at inmedia, where we strive to engage with the editors of specific trade and industry titles to sell them on the merits of a client’s story, enthusiastic reference customers who can articulate the pain points that were addressed by our clients’ products will, more often than not, make the editor sit up and take notice.

Customers who have actually opened their wallets for a vendor’s product or service provide validation and demonstrate uptake in the market. They can speak in dollars-and-cents terms about why they adopted a particular product and the benefits and return on investment they have derived from it.

Please note the emphasis on that last part. A customer testimonial that is along the lines of “we thought this was a great product and we highly recommend it” is so utterly void of any statement of tangible value that is better to not have it at all.

When developing an in-depth article such as a white paper or case study with an agreeable reference customer who is actually in business to make money and who scrutinizes the worth of every expenditure, it is easy to delve deep and get beyond such a vapid endorsement.

In my freelance work, however, I have found myself working on a number of projects for clients who have taken the other approach to getting their name in a desired industry publication–they’ve paid their way by purchasing advertising space for a corporate profile. Which is all well and good, but to ensure those dollars have been well spent and the potential for lead generation is maximized, the copy must sing with the same unambiguous value statements expected of a case study that has passed muster with a competent editor dedicated to providing her or his readers with the information and opinion they need to run their businesses more effectively.

Too often, however, I see paid profiles, or advertorials, that come across as brochure-ware, produced either by writers who do not have the benefit of a journalism background, or worse, by a committee of the organization’s marketing staff and senior management.

It’s not that these profiles are poorly written (well, not always), or fail to convey core messaging, but they have often been developed with a lack of appreciation for three key points:

  • This is an ad. That means the odds of actually engaging with a reader have just taken a nosedive, considering that the publication’s editorial content is also vying for their attention.
  • We are all busy and pressed for time. We often don’t read, we skim. We take only a couple of seconds to decide if something is of value to us before flipping past it.
  • People don’t want to read a bunch of quotes attributed to stakeholders in the organization. Flagrant self-promotion is a dish best served as an appetizer, not as a main course.

What does this mean?

  • It means a 900-word profile that fills more than half of a full-page ad with grey text has little chance of being read.
  • It means that there is no luxury of wowing readers with colourful prose that details the rich and successful history of the organization before getting down to the nitty gritty of why your products and services are relevant to them.
  • It means that an unambiguous value statement from an enthusiastic customer eager to put their name beside what they have to say is not only essential, it should probably lead the piece.

And on that last point, don’t try to micro-manage the process and put the words you want to hear in the mouth of your reference customer for their rubber-stamped approval. Yes, some degree of polishing and massaging will no doubt be necessary, but let the customer express the value points that mattered most to them in their own words. They are, after all, representative of the people you are trying to reach. To have relevance and resonance, this value statement should come across as sincere and true. This is also worth keeping in mind when developing an effective news release.

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Interconnectedness and disconnectedness

Wednesday, August 26th, 2009 by Linda

Senator Ted Kennedy died late yesterday, the latest tragedy in the long string to befall the family that has so captivated the world these last 50 years. His passing is also the latest high-profile death to spawn a flurry of internet traffic, blog posts, Tweets, and the like.

Being a child of the 80s, it has been a rough year, with iconic figures like Michael Jackson and John Hughes, director of some of my favourite movies, passing away unexpectedly, shocking their many followers.

We truly live in an era of mass communication. Sometimes that brings us together, other times it alienates us. In times when people need to have even a virtual shoulder to cry on, the many means of expression available to them, the virtual support system at their ready disposal is of great comfort indeed.

Bob Lefsetz, editor of the Lefsetz Letter, a music industry trade newsletter, was on the Hour with George Stroumboulopoulos last year talking about just how messed up the music industry is (quite) and he touched on the fact that in today’s modern age, there is so much media available that we’re less connected to one another. Ironically, the glut of media channels meant to provide us with more content, ostensibly, one assumes, in order to provide us with more cultural touch points to be able to discuss with one another, is providing each of us with customized content that it’s unlikely that any of our friends or contacts are aware of. His example was a television show that he’d seen and adored that aired on an obscure cable channel and despite his evangelism about the program, had yet to meet another human who had seen it.

These recent high profile deaths and the public’s reaction to them represent the flip side to Lefsetz’s argument. When Michael Jackson died, it was said that he almost took the internet with him, so compelled were his legions of fans to flock to news sites, to write blog posts about what his music had meant to them, what his impact on our society had been, some to mock, others to mourn…

What can we as modern marketers learn from this? In the same way that on a personal level the many channels available to us can draw us closer or push us further apart, they accomplish the same when used for business, for promotion. The media channels are many, the messages on them innumerable, but focused messaging on the proper channels can bring your market closer, can provide them with the niche information that they need, can, in short, sell more of your stuff.

Social media for business: Same old common sense still prevails

Friday, May 29th, 2009 by Leo

A Cutting Edge Focus on Social Media for Business was the thrust of this week’s Ottawa Network event, but while each of the presenters offered useful insights on the abrupt paradigm shifts in customer and media engagement driven by Web 2.0, what struck me was that no matter how much some things change, they remain the same.

Chris Biber, president and CEO of SearchingWorks, started off the evening by reiterating that social media, be it Twitter, Youtube or a blog, is simply another set of tools in the marketing toolbox, while marketing itself is simply the “consistent application of common sense.”

It all begins of course, by taking the time to research and understand your customers. Who are they? Where are they? What interests them? And what are their needs and expectations? The same basic foundation that’s always been a requisite for an effective marketing program. The difference now, of course, being that social media allows for a much more candid and informal two-way flow of communication between company and customer.

But this is a conversation that cannot be dominated by a “me, me, me” approach. While companies and brands can make themselves part of the conversation and attempt to direct it, they can’t expect to control it. Nor will their audience respond favourably to anything that is blatantly self-serving or promotional.

Rick Radko, president of R-Cubed, drawing on his software-engineering background, took a different perspective and focused on the application of social media as an internal, rather than external, communications tool set. From online tools for document sharing and collaboration, to wikis, Rick talked about how “Enterprise 2.0″ is becoming the norm for organizations with teleworkers and remote offices, to keep staff in touch and part of a common corporate culture.

In particular, Rick touched on using a wiki to keep staff informed on everything from new corporate directives, to who down the hall is offering to car pool. It’s the digitization of that ubiquitous cork board that adorns staff lunch rooms everywhere, plastered with pushpins and dead-tree notices.

Lastly, Natasha D’Souza, founder of Virtual EyeSee, talked about the distinctions between the social media release, versus the traditional news release, an example of which she offered for a recent Mother’s Day event she held. As her example illustrates, the social media release tends to be less formal and directly addresses the intended audience. It also moves up the contact information and incorporates multimedia elements to support it, from pictures, to video and links to other relevant sources of information.

Two things in particular struck me about the structure of a social media release and how she used it.

First, is the volume of supporting content that can be added, in terms of pictures, video, links and so forth. In the good ol’ days of tree slaying, a comprehensive package such as this was called a media kit. Is the social media release, in its fully realized form, in many ways not simply the digitization of this traditional public relations tool? (Editor’s note: Actually, long before the term “social media release” was ever coined, savvy PR practitioners have been offering their contacts multimedia-rich content. And we’ve been hosting or delivering that content via electronic channels for decades. The web has made it easier for practitioners to do it all themselves but there are still some media formats — broadcast-quality b-roll, for example — that you probably don’t want to host yourself.)

The second point came when one attendee asked Natasha how she distributed this social media release. And this is where another classic and intrinsic element of marketing and PR came in. She researched the influential bloggers in the Ottawa area who would be interested in her Mother’s Day event and contacted them to pitch the event and direct them to her release. Proving once again that they’ve yet to come up with a social media tool that is a suitable substitute for hard work and old-fashioned solicitation.

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10 tips for marketing in a downturn

Thursday, May 21st, 2009 by Francis

I was interviewed a few weeks back by the Ottawa Business Journal for a piece on marketing through a downturn. While a good bit of what I had to say did make it into the article, I thought it would be useful to expand on my thinking here. So, here are my 10 tips for marketing through a downturn.

1. Do as much marketing as you can afford

We’ve written a lot about the merit of maintaining your marketing spend through an economic downturn. There is still business to be written, markets to be taken and customers to be won. And a downturn, when many of your competitors may well be going quiet, often represents an unprecedented opportunity to grab a much larger share of voice.

2. Recalibrate your strategy and recast your budget strategically as opposed to simply cutting x% across the board

The OBJ reporter kept trying to get me to name the “one thing” that companies should do in response to a downturn. I resisted being so binary since a downturn represents doom to some but incredible opportunity to others. And even for those for whom it’s a challenge, an across-the-board response is rarely the right one.

At times like this, strategy becomes more valuable than ever. Know where you’re trying to go, the best way to get there, and how you’re going to know that you’ve arrived. Cut those marketing tactics that won’t help get you there and re-invest the money in the tactics that will.

3. Negotiate pricing

All the vectors you use to communicate to your marketplace are feeling the pinch right now. There is no better time to play hardball on pricing, or to negotiate added extras that usually cost a lot more. Most media outlets will cut their line rates or give you valuable extras like a free newsletter distribution, web conference, white paper distribution or even additional insertions. Trade show organizers may agree to a bigger booth space for the same price or throw in sponsorship opportunities or show guide advertising that in better times might cost you thousands more. Even if your supplier must hold the line on fundamentals, see if you can’t snag some of the valuable extras.

4. If you have channel or other partners, consider pooling budgets and activities to make your dollars go further

Can you share a trade show booth with partners? Can you initiate a co-op advertising program that sees you put up some of the cost while your channel partners put up the rest? Is the opposite available to you — are you a channel for an OEM with a co-op program?

5. Do not abandon measurement

If marketing is seen as the easiest thing for companies to cut during a downturn, then measurement is seen as the easiest thing for marketers to cut. After all, it doesn’t really contribute anything, right? Wrong. Harken back to tip No. 2: If you’re not measuring, you have no idea where you are or what got you there, you don’t know what’s working and what isn’t, and you simply can’t be strategic about your marketing spend. When times are good and there’s budget to spare, you might be able to afford to have some things work a little less effectively. When times are tough and every dollar must produce a result, you need to be measuring so you know which tactics are delivering and which ones aren’t.

6. Be transactional if there’s an immediate opportunity

As I’ve already noted, a downturn means different things for different companies. If there is good business that can be immediately secured, be highly transactional in going after it. Alter all your messaging to “Buy now,” and focus on tactics, like advertising and direct marketing, that communicate transactional messaging best.

7. If there isn’t an immediate opportunity, go long

It’s far more likely, however, that your customer’s buying cycle has stalled; it almost certainly has lengthened. So if your customers have hunkered down waiting for the storm to pass, there’s no point in blaring the hard sell at them or offering them discounts and other incentives to immediately do something they’re simply not going to. Does this mean you, too, should hunker down and draw the blinds until things blow over? No, it means your messaging should shift to support longer-term objectives such as awareness building, thought leadership and marketplace education. Tactics like media relations, trade shows and white papers that establish your authority and expertise are a better use of your resources if this is your reality.

8. In all communications, employ story telling that emphasizes how your product or service saves money or drives additional immediate revenue for your customers. Speak to the pain they’re feeling in a recession

Whatever the economic conditions, your marketing and communications messaging should be all about your customer, not you. You should always be speaking to the pain your customer feels that your product or service solves. In a recession, your customer’s pain is almost certainly all about revenue — making more of it or keeping more of it. Make sure you’re speaking to this.

9. Be overly attentive to your existing revenue base

“Love the one you’re with,” says the old song, and that’s never more relevant than in a downturn, when new customers are hardest to acquire. Your current customers are keeping you in business and it’s almost always cheaper to maintain and build business with existing customers than to find new ones. Lavish your existing customers with love, look for low-cost ways to improve the value you create for them, and communicate, communicate, communicate — let them know you love them.

10. Effective relationships never expire, so keep talking

Keep talking to everyone in your value chain, including suppliers, service providers, channels, influencers and, of course, customers and prospects. Even if they can’t use your services or you theirs just now, keeping those lines of communication open and full of useful information will serve you very well when the economy recovers.

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Make like a duck: Paddle hard, paddle often

Monday, May 11th, 2009 by Leo

Recently, Francis fielded a question on LinkedIn about the value of running a survey to generate media coverage.

Surveys can be used effectively to position a company, but not if the company is perceived simply as a sponsor of an external survey. Francis cited the example of one IT consultancy that, on inmedia’s counsel, did away with its external survey of CIOs and instead realized much better media traction from publishing the results of an internal census of its own IT experts. The spotlight was shifted from a group of faceless CIOs to the consultancy’s own knowledge keepers, positioning the consultancy as an authoritative subject matter expert rather than a mere survey sponsor.

As the editor of a business publication, I saw almost daily news releases plugging a survey that, on the surface at least, provided profound insights into one issue or another of relevance to the Ottawa business community. However, the appeal factor quickly evaporated when, upon closer inspection, it was revealed that said survey was sponsored by a major credit card company or software vendor.

This made the objectivity of the data presented, and the conclusions drawn from it, immediately suspect to me. After all, the sponsoring organization would not go to the time and effort to promote survey results that didn’t support its own sales and marketing efforts, now would it? It was this obvious vested interest that made me reluctant to devote even a couple of hundred words of coverage with an online news brief.

When trying to come up with ingenious and cunning ways to engage with the media, there is, once again, simply no substitute for taking the time and effort to understand:

1. Who are the media that are relevant to your organization? Which ones have the clout to move your market and a focus that includes the products and services that you offer?

2. Who on staff specifically covers your offering or the specific markets that you target?

3. What kind of content is the publication looking for and how can you provide it? When you pursue potential customers, you position your product or service as a solution to a problem. Attracting the interest of the media is no different. In Francis’s example above, by putting the spotlight on its own internal thought leaders, this IT consultancy was conveying the value it could provide to a publication in search of expert opinion and insight on pertinent issues and topics.

Answering these questions takes research and the patience and persistence to secure that all-important first conversation with an editor. This is relationship building based upon your ability to offer something that is relevant and valuable. Prove that you’re useful, and your foot is firmly wedged in the door. It is not about flogging today’s news release, though that does present a good excuse to pick up the phone.

Don’t operate under the false assumption that following this process faithfully is a magic bullet that guarantees results, or that great things will happen over night. It still takes time.

For one client, I have been working to place a leadership piece with a key publication since February. The editor held on to the draft we submitted for almost two months before coming back with requested revisions that essentially gut much of the article’s original focus and content. But he’s still interested. With another magazine that lies at the pinnacle of this client’s wish list, I have been touching base with the editor every few weeks for the past three months and finally hope to garner a firm commitment in June when work commences on a signature fall issue.

Invariably, great results are the result of this kind of furious paddling below the waterline, rather than something like a sponsored survey that can fall into the category of gimmickry. The sooner you take to the water and get to work, the sooner those media clippings will begin to add up.

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In the flesh

Friday, April 3rd, 2009 by Leo

No matter how busy we become and how far flung we are from the people we need to communicate with to carry out our work, there is still no substitute for good old-fashioned face-to-face contact.

In recent weeks, I have been working on a series of business profiles that will run in an upcoming supplement in the Ottawa Business Journal. These are largely 350- to 500-word pieces for which I must interview the principal of each business and perhaps a couple of reference customers. (Nothing validates your business more than a good reference customer).

Considering the size of the articles I must produce, I could easily garner the information I need over the phone. It would be quicker and more efficient from a time-management perspective. But I’ve chosen to visit each of these businesses in person.  They are all local businesses, so why not take advantage of the opportunity to interview the principals in their natural environment?

So much of the work I do at inmedia is with clients outside Ottawa and with trade and industry media spread across the continent and beyond. It’s refreshing to actually put a face to a name and enjoy the interaction of meeting in the flesh. A face-to-face meeting is by its very nature much more intimate and dynamic than two bodiless voices communicating across wires and networks. There is definitely something lost when you can’t look into the eyes of the person who is speaking to you. Body language is a critical part of any human interaction.

Nonetheless, we frequently have little choice but to conference by phone, (as I am about to do with inmedia client Xsilva Systems of Montreal, thanks to a service called Calliflower). And while communicating in this manner may not be as ideal as in person, there are ways to make the most of it. Richard Laermer at the Bad Pitch Blog offers plenty of helpful advice on the subject, and it all begins with planning ahead and staying focused on the matters at hand during the call.

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