Every year since I’ve lived in NYC, I’ve cheered on marathoners running the streets of New York in the beginning of November. Every year I’ve said, I’m going to run it one day. This year, I did! And, as I had posted on Facebook after the race, two words sum up the experience – awesome and tiring!
Friday, November 18, 2011
It’s Race Day in the Big Apple and the Crowd Goes Wild!
Every year since I’ve lived in NYC, I’ve cheered on marathoners running the streets of New York in the beginning of November. Every year I’ve said, I’m going to run it one day. This year, I did! And, as I had posted on Facebook after the race, two words sum up the experience – awesome and tiring!
Tuesday, November 15, 2011
The Art of Launching a New Company
For the last four months, my team and I have been pushing each day to prepare for our site’s launch. Like any tech start up, new problems arise organically and our strategy to solve them is seemingly ever changing.
After back-and-forth internal discussions as to whether or not we were ready to face the public, last week, we reached our first major company milestone: pushing the pre-launch page live for AllStar Deals.
We did this with the help of LaunchRock, which not only gave us the tools to bring our page online, but also allowed us to begin collecting a database of early users, provide share buttons to those users so they could spread the word to their networks, and track primary analytics such as user sign-ups and page views.
Putting up our pre-launch page was incredibly gratifying and it provided a great lesson: JUST GET OUT THERE, ALREADY!
Stop tinkering. Stop expecting perfection. Stop worrying. You’ll never fully grasp what aspects of your site need more work and require adjustment until you actually put it in front of people. No amount of preparation will be able to act as a substitute for the learning you’ll glean from an actual launch.
There was a fantastic article in New York Magazine called Bubble Boys last month that every entrepreneur should check out. It’s certainly worth reading in its entirety but here are a couple of the quotes that stuck with me:
“Done is better than perfect.”
“Ideas are a dime a dozen. Execution is what matters.”
“If ten people have the same idea for a piece of software, the one who succeeds will be whoever launches it fastest, then iterates as quickly as possible.”
“There has never been a better time to be a geek with a dream. Launching a new product is all but free.”
Since our site will be taking on the online daily deals space, there is certainly no shortage of competitors for us. In fact, there are more than 500 daily deals sites in the US alone. That said, they all do the same thing.
They hire a sales force to try and find as many deals as possible, then they blast daily emails to all their users hoping that everybody buys them. As a result, your email box becomes cluttered with deals for microdermabrasion, helicopter flying lessons, and jewelry making classes.
Our plan is to change this model by not hiring a sales force at all. Instead we will be the first site entirely populated with user submitted deals. If you find a good deal in your neighborhood, we’ll give you the tools to secure that deal and submit it to the site. The incentive to do so is that we will pay cash commission to those who submit and share the deals.
Since our site gains strength by having more people signed up, submitting deals and sharing them with each other, and since this space is only getting more crowded each day, we knew the time was now to finally get out there.
Will there be major problems we have to deal with? Hopefully not, but maybe. Will there be tweaks and changes along the way? Certainly.
One thing is for certain though, we won’t know for sure until we’re up and running.
Follow AllStar Deals on twitter at @allstardeals and facebook.
Saturday, October 8, 2011
"My Wallet, or my Cellphone?"
Monday, October 3, 2011
My lunch with Warren Buffett (and several hundred other clients/partners of Business Wire)
Wednesday, August 17, 2011
Interning 101
By Nicole Cimo, Towson University Class of 2012
Ever since I graduated high school, I’ve been told that college would be the most valuable learning experience of my life and I would ultimately graduate with an expertise in what is called my "major." Well, after interning with Feintuch Communications this summer, I became aware of how my major in public relations differs in an academic versus a professional world.
I've learned that there’s a big difference between knowing and understanding. From my experience thus far in college, my professors have led me through countless PowerPoint presentations, terminology and textbooks. Everything I’ve studied and memorized has been relevant for things I need to know, but it wasn’t until I landed my first internship at Feintuch Communications that I began to apply these to a real situation. Of course, being required to know and memorize the terms B2B, B2C, boilerplate, abstract, and Ed-Cal throughout my college years is all essential, but engaging in an internship is what gave me the hands-on experience to understand how these terms are actually implemented. For example, I’ve been taught since my freshman year that using media such as print and broadcast will help a client get exposure to core audiences. However, until I was given my first pitching task I never realized how clients actually receive exposure in a magazine article or interview. I had to research the client and industry, as well as the reporter to see if they would even be interested in our client. After numerous, persistent calls and voicemails, I ultimately landed my first media placement, which is something I would have never experienced in a classroom.
An internship is defined as a program designed to provide a learning experience for beginners in a profession, which is exactly what I gained this summer. Twice a week, I would commute and work my 9-5 day as if it were a full-time career. Not only did I acquire useful tips such as how important it is to ask questions and that every assignment counts, but I also attained a great deal of knowledge from attending my first trade show. All colleges should require some type of internship prior to graduation. This experience gave me valuable practice for the future and allowed me to grasp the world of PR better than any textbook, which is something I wouldn’t have been able to achieve from college alone.
Thursday, June 2, 2011
PRSA New York’s Book Publishing Event
Wednesday night our company assisted with the PRSA New York program, “A Book Publishing Double Header” hosted by Dow Jones at the beautiful Fox Sports Bar. The food and drinks were magnificent and the presentations were intriguing. Andrew Wheeler, Marketing Manager at Wiley & Sons, discussed how marketing books in this digital age is different from how books used to be marketed. Identifying your target audience and then utilizing social media appropriately is important. Creating a connection and conversation with book reviewers and reporters is also important in order to generate reviews and coverage. All great takeaways!
Jonathan Spira (left) with Andrew Wheeler (right) during the Q&A
After Andrew Wheeler, Jonathan Spira, author of Overload! How Too Much Information is Hazardous to Your Organization, discussed his book, released Tuesday. The book discusses how knowledge workers are overwhelmed with the increasing amount of information thrown at them every day. Email, IM, phone calls and our 24/7, always connected mentality affect knowledge workers’ productivity, costing companies billions of dollars. Included below is part of Jonathan’s presentation where he discusses the ways workers can help decrease information overload – all very good tips that can be easily implemented!
Thursday, March 17, 2011
The State of the News Media: A Print vs. Digital Debate
- Newspapers declined 6.4% in 2010
- Online news consumption surpassed print newspapers in ad revenue and audience for the first time in 2010
- For the first time in more than 12 years, the average audience of all three cable news channels declined
- Local TV revenue rose 17%
- Radio has remained stable
- Only 31% of Americans have heard of HD radio
- In 2010, auto advertising increased 77% in local TV, 22% in radio and 17% in magazines
Just today, in seeming response to the print/digital war, The New York Times announced its new online digital/mobile editions subscription policies: http://www.nytimes.com/2011/03/18/opinion/l18times.html?WT.mc_id=ED-SEM-E-GOOG-SEM-TXT-VAR-ROS-0311-NA&WT.mc_ev=click.
What’s your take on the print vs. digital debate? Do you subscribe to any paid editorial content? How do you consume your news?
Monday, March 14, 2011
Make That Two Social Medias To Go... and Hold the "MySpace"
And yes… I tweet, spend far too many hours on Facebook, am a Power Seller on Ebay, actively manage my LinkedIn profile and just bought a great restaurant coupon deal on Open Table.
My PR career has largely centered on supporting the needs of emerging and established technology organizations in the U.S. and abroad. Over the decades, the tools I’ve used to support clients have grown increasingly more sophisticated – from typewritten press releases, Wang mail merges and early use of the fax to video news releases, satellite media tours, SEO, interactive marketing, email blasts, multimedia press releases and mobile apps.
But when it comes to the topic of social media in public relations, I find the hype maddening. Standalone digital firms have moved into the PR market focusing on social media plan development and implementation. Every month, more and more “traditional PR firms” announce the launch of their own social media or digital practice.
The buzz started slowly enough. As teens lost their lock on the early social networks (e.g. MySpace; Facebook) and the mass market moved in, self-declared social media pundits began doing talks and seminars explaining the new world of social media and encouraging PR and marketing practitioners to jump in and get their feet wet. Soon, a cottage industry of book authors, speech presenters, conference organizations and trade press beat the drum for social media. “If you don’t create a practice, you run the risk of becoming entirely irrelevant and ceding market share to your competitors.”
In our own young firm, born during the rise of the social media era, we all agree that the impact of social media on the PR and marketing mix is profound. But, with all due respect to the late sociologist, scholar and media theorist Marshall McLuhan, the social medium is NOT the message – at least when it comes to the development and implementation of strategic public relations programs.
We believe that too many marketers are focusing on the coolest and most buzzworthy tactics for novelty sake and not due to an underlying marketing strategy. Our firm builds social media elements into client programs as strategically appropriate rather than supporting the P&L of a social media practice that requires the continuous sale of separate projects or expensive add-ons. We look at social media elements as additional channels for reaching targeted audiences not as the desired end product our clients should be invested in.
So today, dear friends, we are proud to announce that we are NOT building a social media practice. We will continue to offer our clients a variety of creative and strategic tools to support their business objectives – including smart blogging, setting up LinkedIn groups and Facebook fan pages, custom developed mobile apps and location-based marketing services – in addition to the old fashioned use of the telephone, word-of-mouth and integrated marketing. Business objectives are the message; wise counsel to our clients and prospects is the deliverable.