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	<title>Tom Michiels&#039;s Weblog</title>
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	<link>http://blog.tommichiels.eu</link>
	<description>For the bigger and bolder !</description>
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		<title>Forrester Research report on Sponsored Conversations</title>
		<link>http://blog.tommichiels.eu/2009/03/forrester-research-report-on-sponsored-conversations/</link>
		<comments>http://blog.tommichiels.eu/2009/03/forrester-research-report-on-sponsored-conversations/#comments</comments>
		<pubDate>Tue, 03 Mar 2009 22:55:16 +0000</pubDate>
		<dc:creator>Tom</dc:creator>
				<category><![CDATA[online marketing]]></category>
		<category><![CDATA[pay per post]]></category>
		<category><![CDATA[sponsored blogging]]></category>

		<guid isPermaLink="false">http://www.tommichiels.eu/?p=66</guid>
		<description><![CDATA[On Monday, technology and market research company Forrester Research published an 8 pages report titled &#8216;Add Sponsored Conversations to Your Toolbox&#8216;. The report basically advises corporations to engage bloggers in &#8220;sponsored conversations,&#8221; or the exchange of goods or credit in exchange for blog coverage. The report focuses on a number of high profile examples like [...]]]></description>
			<content:encoded><![CDATA[<p>On Monday, technology and market research company Forrester Research published an 8 pages report titled &#8216;<a href="http://www.forrester.com/Research/Document/Excerpt/0,7211,53598,00.html">Add Sponsored Conversations to Your Toolbox</a>&#8216;. The report basically advises corporations to engage bloggers in &#8220;sponsored conversations,&#8221; or the exchange of goods or credit in exchange for blog coverage.</p>
<p><span id="more-66"></span><br />
The report focuses on a number of high profile examples like the case of <a href="http://www.kmart.com">KMart</a>. For those of you who don&#8217;t know the case: Kmart gave some bloggers a free shopping spree in exchange for a blog post about the experience. The results of this sponsored blogging campaign were quite impressive. More info on the <a href="http://blog.izea.com/2009/01/izea-kmart-case-study.html">IZEA case study page</a>.</p>
<p>The topic of paid blogging is highly controversial. Paying bloggers to write about a specific product yields many opportunities but at the same time also some risks. If you want arguments against paid blogging, read <a href="http://www.readwriteweb.com/archives/forrester_is_wrong_about_payin.php">Marshall Kirkpatricks article on ReadWriteWeb</a>. </p>
<p>The requirements to make sponsored conversation work are often stated as <em>sponsorship transparency</em> and <em>blogger authenticity</em>. When these requirements are met, I am convinced that this new form of advertising holds many possibilities. After all, in this digital age, corporations can&#8217;t neglect the potential benefits of engaging the consumer with their brand by participating in active communication.  	</p>
<p>Jeremiah Owyang has written a good article on how to make sponsored conversations work. Check it out on his <a href="http://www.web-strategist.com/blog/2009/03/02/how-to-make-sponsored-conversations-work/">blog</a>!</p>
<p>Since the report is only available for a whopping $795, I did not yet get the chance to read it. Maybe an extra link to <a href="http://www.forrester.com/rb/research">Forrester Research</a> can entice them? Wishful thinking, I presume&#8230;</p>
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		<title>Survey and experiment on paid blogging</title>
		<link>http://blog.tommichiels.eu/2009/01/survey-and-experiment-on-paid-blogging/</link>
		<comments>http://blog.tommichiels.eu/2009/01/survey-and-experiment-on-paid-blogging/#comments</comments>
		<pubDate>Mon, 26 Jan 2009 21:21:45 +0000</pubDate>
		<dc:creator>Tom</dc:creator>
				<category><![CDATA[uMarket.it]]></category>
		<category><![CDATA[blogging]]></category>
		<category><![CDATA[online advertising]]></category>
		<category><![CDATA[online marketing]]></category>
		<category><![CDATA[paid blogging]]></category>
		<category><![CDATA[pay per post]]></category>

		<guid isPermaLink="false">http://www.tommichiels.eu/?p=39</guid>
		<description><![CDATA[I recently conducted an elaborate study on the Belgian blogosphere&#8217;s position on paid blogging. This research was part of the Master Thesis I wrote during my eMBA at the Flanders Business School in cooperation with the Kellogg School of Management. The subject is &#8220;uMarket.it: Consumer Generated Marketing&#8221;: a venture business plan, research project and financial [...]]]></description>
			<content:encoded><![CDATA[<p>I recently conducted an elaborate study on the Belgian blogosphere&#8217;s position on paid blogging. This research was part of the Master Thesis I wrote during my eMBA at the Flanders Business School in cooperation with the Kellogg School of Management. The subject is &#8220;uMarket.it: Consumer Generated Marketing&#8221;: a venture business plan, research project and financial plan to launch a self-serve online marketplace that allows advertisers to reach out to a European network of bloggers.</p>
<p><span id="more-39"></span></p>
<p>The empirical research on the feasibility of the uMarket.it concept was split up in two successive parts. First, I launched an online survey among a sample of Belgian bloggers in which we investigated their position on getting paid for writing a blog post. Secondly, I launched an experiment among a sample of the survey respondents to act as a proof-of-concept and test if the survey results were realistic. A set of bloggers was asked to write a paid blog post on a commercial subject and another set was asked to blog on a non-commercial topic. The data was then analyzed with SPSS and linked to the survey data. To conclude, I complemented my own research with desk research on the online advertising expenditure and the way surfers interact with online advertisements such as display advertising. I also dove deeper into research on a phenomenon called ‘banner blindness’. The methodology, results and findings, and conclusions are described in detail in the document that is available for download below.</p>
<p>Some key findings of the survey:</p>
<ul>
- 62 percent of the respondents have some form of advertisements on their blog<br />
- Google AdSense (35 percent) and banner advertising (41 percent) are the most popular forms of advertising<br />
- more than 50 percent of the bloggers earn less than 50 EUR per month<br />
- According to the survey, Business/ICT is the most lucrative blog category<br />
- We can conclude with a confidence of 95 percent that between 59 and 75 percent of the blogging community is willing to blog about a product, service or event in return for compensation.<br />
- Most of the bloggers who rejected the idea of getting paid to write blog posts indicate that the main reason is a conflict with the purpose of their blog.<br />
- Next to the conflict with the purpose of their blog, some bloggers are also concerned that participating in sponsored blogging will affect their image as a neutral source.</ul>
<p>Download the Research Paper : <a href="http://www.tommichiels.eu/download/Tom%20Michiels%20-%20Research,%20Survey%20and%20Experiment%20on%20Paid%20Blogging.pdf">Tom Michiels &#8211; Research, Survey and Experiment on Paid Blogging</a> (PDF, 4,5 MB)</p>
<p>Visit the <a href="http://www.umarketit.be">uMarket.it Experiment Site</a></p>
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