LeBron James Should Try To Be The Next MJ

space-jam-lebron

LeBron James and the Miami Heat clinched the Eastern Conference Finals title and will play the San Antonio Spurs for the NBA Championship. LeBron not only dominated during this playoff run and was named NBA MVP, but also led the Heat to the second longest winning streak in league history.

While it appears James is on top of the world, there is a huge missing piece to his puzzle. LeBron is only a basketball player. He isn’t a brand. He isn’t the international face of the NBA. He is a gifted athlete that polarizes debates.

Why does any of this matter? LeBron is leaving millions of dollars on the table by neglecting his business brand. Think of Michael Jordan. The man is not only greatest of all time, but he is still selling sneakers and clothing. The Jordan Jumpman is one of the most internationally recognized brands.

If I’m Lebron’s manager, here is what I do – I get LeBron a deal to do Space Jam 2 or a similar type movie. By breaking from the traditional avenues of marketability, James would be able to gain additional fans and reshape the public’s perception of him. Imagine the modern day “I believe I can fly” playing as LeBron dunks on Monster all-stars. That type of scene inspires an entire generation!

Don’t believe me? Ask anyone under the age of 30 if they saw the original Space Jam. If they didn’t, they were losers who still sucked their thumb after age 5 :)

LeBron will have a great platform to build his brand if he wins the NBA Championship again. It will be interesting to see what transpires from a business perspective over the next 30 days. I’ll be watching for the special magic ball that steals NBA superstars’ skills….

This was instant classic of my childhood:

 

Agree or disagree? Tweet me @APompliano!

Beardvertising: Novel idea or next great marketing platform?

In order to increase revenue most companies must reach their target audience at the right time with the right message. To accomplish this effectively, its important to test and iterate continuously to find what works and what doesn’t.

It’s highly recommended to measure everything you possibly can when building a company. There are always limited resources to draw on, but maximum results expected. Keeping this in mind, I was intrigued by the explosion in interest of Beardvertising.

Credit to agbeat.com and beardvertising.com.

Credit to agbeat.com and beardvertising.com.

Beardvertising is the act of “paying epic beard owners to wear ads.” As the proud owner of an epic beard every Fall, I can attest to the attention these rugged feats of man-azing (man amazingness!) garner. It remains to be seen whether the creation of BeardBoards (think billboard in a beard) is effective but theres no denying its creativity.

The leading company, Beardvertising, claims both A&W Restaurants and Eagle One Automotive as early partners. Solid traction for a novel idea. I’ll be keeping an eye on the progress of this innovative advertising approach and am definitely cheering for these epic beards to reign supreme!

 

What do you think of Beardvertising? Does the general idea turn you off or are you intrigued to see one in real-life? Share thoughts in the comments or tweet me @APompliano.

 

Is A Twitter Account One Of The Most Valuable Assets On The Company’s Books?

Most people are oblivious to the emerging war being fought. This war isn’t in Iraq or Afghanistan. This war involves no guns. No tanks. No boots on the ground. The modern day war is being fought on the digital landscape.

In the last 7 days, numerous organizations and companies have had their Twitter accounts hacked. From @60minutes and @48hours to @AP, these entities are defenseless. Almost always, the attack is done for some sort of self-serving purpose. The 60 minutes account was hacked and began tweeting messages about the Syrian Electronic Army. The SEA, as they are known, also happens to be the organization that claimed responsibility for the attack.

On Tuesday, the world got a glimpse of the vulnerabilities on the social frontier. The SEA hacked into the Associated Press’ account and tweeted a simple message:

Credit to Twitter

Credit to Twitter

That’s right, there was no self-promotion. The hackers issued a false news report that immediately drew international attention on Twitter. Within minutes, word spread that the AP account had been hacked and the report was false. Crisis averted right?! The impact was large enough for the White House Press Secretary to comment that the President was “fine.”

Here is where things get very interesting. In the minutes immediately following the bogus tweet, check out what happened to the DOW:

Credit to Twitter

Credit to Twitter

Within 1 minute, the DOW dropped over 100 points. In 2 minutes, it dropped nearly 150 points. Eventually, the market would recover the loses but the opportunity/vulnerability had already been highlighted. Want to hurt the finanicial health of the US? Tweet a bogus news report and sit back to watch the entertainment. It will be shocking if more attacks don’t occur.

So these social account attacks can be embarrassing but are they actually harmful? Yes. More harmful than most individuals are willing to acknowledge. Twitter is a platform where individuals go for trusted information on an organization. If a company tweets something, there is hell to pay if it is incorrect. Financial traders are paying attention. The public is paying attention. Shit, even employers are paying attention.

Within the next 18-24 months, Twitter accounts will become one of the most valuable assets on a company’s books. Remember I said that. Let me repeat it – Twitter accounts will become one of the most valuable assets on a company’s books. Engrain it in your head.

Not only is there risk potential, but more and more companies will begin to monetize their following. Why can’t Pepsi or Wrangler get “sponsors” to pay them to tweet marketing messages? Competitive products are out of the question obviously. What about complimentary ones? If North Face knew that a majority of their customers wore Wrangler jeans, why wouldn’t they be willing to run a promotion through the Wrangler Twitter account? The answer is that in the near future they will be.

With this new revenue source, companies will spend additional time building up their social following. The larger and more engaged the audience, the more valuable the account is. All of a sudden, companies won’t be looking at Twitter accounts as “that social media thing”, but instead as a valuable asset that must be protected at all costs. Welcome to the age of social warfare. Prepare yourself…

What do you think about the potential value a company may place on their own social assets? Do you tend to see security risks, possible revenue streams, or a lot of hype that will never come to fruition? Comment below or tweet me at @APompliano.

ACC Digital Network’s Genius Tweet

Today is the start of a state holiday in North Carolina – The ACC tournament kicks off. Well, maybe it isn’t a holiday, but it might as well be. Productivity comes to a screeching stop as eyes are glued to TV sets and live streams to see which fan base will have bragging rights for an entire year.

As a kid, I remember the teachers rolling televisions into the classroom on carts with wheels. We were told to get our work done while the game was on. We were 15…nothing got done as expected. Instead of pretending like there is all kinds of work getting done, the ACC Digital Network wants to help fans get out of school or work.

This morning they posted this tweet showing their willingness to help out those who needed an excuse letter to “play sick!”

ACC Digital Network Sick Tweet

 

Immediately I wanted to see what clever excuse they had concocted. What I found was even better than I expected. The pic.twitter link led to this thoughtful letter:

ACC Digital Network Excuse Letter

 

It’s been awhile since I have seen pure creativity on display like this. I’m a fan of helping fans watch the ACC Tournament, but an even bigger fan of this great marketing ploy by the ACC Digital Network. Well played my friends….well played!

PS – Go Duke!

The 2013 OnDeck Sports and Technology Conference

OnDeck Sports and Technology Conference

On February 12th, hundreds of like-minded individuals packed into the Bohemian National Hall in New York City to talk sports and technology. The day was dominated by speaker panels, rapid fire presentations, and a startup pitch contest. Speakers included big names like Bob Bowman (MLB Advanced Media), Tiki Barber (Former NFL player) and Sean Avery (Former NHL Player).

The sports business industry is a small, tight-knit community. Most people know each other and share common interests/values. With that being said, by watching the crowd, it was hard to tell if there was a conference going on or just old friends getting together to catch up. My kind of place!

This sounds better than most conferences already, huh? OnDeck wasn’t done yet. The amount of knowledge and best practices that was shared during the event was simply amazing. Topics like in-stadium connectivity, social media, fan experiences, and companion apps were the hot issues.

There are numerous innovative companies attacking many aspects of the sports industry. Over the next few days I will share some of them. The OnDeck Conference was chalk-full of information and excited me about the ever-changing improvements to the sporting event experience. Stay tuned because your grandfather’s game is a thing of the past!

Gary Vaynerchuk Wants You to “Crush It!”

Gary Vaynerchuk - Crush It

Gary Vaynerchuk is the author of “Crush It”

I am a huge Gary V fan. There is something exciting about him. He might scream a lot and curse every other word, but it’s something else. When he speaks, people shut up and listen. It doesn’t hurt that he turned his family liquor store into a $60 million-a-year Goliath. That type of success will stop anyone in their tracks.

I had a few hours to burn yesterday so I went to the bookstore. I walked around for a little bit. To be honest, I didn’t know what I was really doing. Was I there to try to find cute, nerdy girls? Was I going to read a book? Maybe they had some good chocolate up near the register? I was lost. A wandering soul with no purpose.

Luckily, I remembered I had been meaning to find Gary’s book “Crush It.” (He has some long, obnoxious title but those two words are the biggest so we will stick with them) Imagine me looking for a specific book in this huge store. Comical to say the least. After swallowing my pride and asking for help, I got the book. It’s small and thin which meant it’s short – my kinda book!

So I got the book and I’m ready to sit down and read. (I’m too cheap to buy the thing – suck it Gary!) THIS PLACE WAS PACKED. I mean where do all these people come from. People in Raleigh must not work on Wednesday’s at 3pm because they are all at the bookstore. No chairs available only means one thing – I sat my ass down on the floor and started reading.

The book was awesome. Gary crushed it (pun intended). He talks about how he hustled his way to success. How every idiot out there should be worried about their personal brand. He even covers the most important aspecting of business….CARING! I don’t want to tell you too much about the book but here’s a few quick hints. Work your ass off, authentically care about every person you come in contact with, and never think that you can sun bathe at the beach while becoming successful.

It took me two hours to read the book from cover to cover. I know 6th graders that read better then me so all the smart people will crush it (pun intended again). In all seriousness, I loved the book, Gary V is the man and you should buy the book or I’ll think you’re an idiot!

Read it before? Got an opinion about the book or Gary V? Leave a comment or tweet me @APompliano. As always, be prepared for some comical, smartass remark!

The Competent Are Helpless! (Guest Post by George Junginger)

Seth-Godin

Seth Godin is an accomplished author and marketing genius.

“In the face of change, the competent are helpless.” – Seth Godin

Seth Godin, who always proves thought provoking to me, wrote this article in 1999 for Fast Company magazine. ( Change Agent – Issue 31 ). This was more than ten years ago and I think his argument made sense then and it makes sense now.

Seth writes:

“Oh, there’s one other thing: As we’ve turned human beings into competent components of the giant network known as American business, we’ve also erected huge barriers to change.

In fact, competence is the enemy of change!

Competent people resist change. Why? Because change threatens to make them less competent. And competent people like being competent. That’s who they are, and sometimes that’s all they’ve got. No wonder they’re not in a hurry to rock the boat.”

People used to say that large, bureaucratic organizations were like slow moving dinosaurs. The argument went that this is why leaner, swifter companies were able to take business away from them – that, in essence, they could anticipate change and adapt to it at a much quicker pace. I still believe this. But I think what ultimately gives them the advantage to behave that way is the culture that fosters the ability to make mistakes, take risks, to in essence, be incompetent.

George Junginger is an entrepreneur and marketing professional who specializes in niche markets. He resides in Raleigh, NC and has worked extensively with Carolina Challenge and Startup Weekend’s around the country. You can follow him on Twitter @georgeju!

How To Increase Customers With Power of Foursquare

Foursquare and it’s benefit to all types of businesses is pretty well documented. This video shows some of the possibilities for users of the service. Get customers in your door to increase your sales. Make a good impression and they will recommend you to their friends!

Do you currently use Foursquare? What has your experience been with Foursquare? Share your experiences below!

Viral Marketing: Get the word out….Fast!

<div style=”width:425px” id=”__ss_9274190″> <strong style=”display:block;margin:12px 0 4px”><a href=”http://www.slideshare.net/DavidSkok/the-science-behind-viral-marketing&#8221; title=”The Science behind Viral marketing” target=”_blank”>The Science behind Viral marketing</a></strong> <div style=”padding:5px 0 12px”> View more <a href=”http://www.slideshare.net/&#8221; target=”_blank”>presentations</a> from <a href=”http://www.slideshare.net/DavidSkok&#8221; target=”_blank”>David Skok</a> </div> </div>

I ran across this slideshow on viral marketing. These techniques are proven over and over again to be effective. With the explosion of social media, APIs, and content sharing, there is no reason why you can’t get the word out about your product or service!

What viral marketing techniques have you used in the past? Were they effective? Share your experiences below!

What Political Attack Ads Can Teach About Guerilla Marketing Techniques

This photo has been circulating the internet for a few days and I think it can teach entrepreneurs some pretty interesting things about marketing regardless of political views. First lets look at the actual photo. On the left, Mitt Romney is sitting in a chair on an airport tarmac getting his shoe wanded for security purposes. On the right, Barack Obama is walking past a janitor and “pounds it” (the modern, cool handshake). Both of these photos are put together to offer the viewer a contrast about the individuals, their beliefs, and ability to lead our country.

Why is this important to entrepreneurs? This is a fantastic job of implementing proven guerilla advertising and marketing techniques. Here are three effective aspects at play:

Use of public perception: The first aspect is the use of priorly held perceptions about each individual. People commonly think Romney is a rich, white man, while Obama is seen as an African-American who is “a man of the people.” This photo plays on those feelings by trying to make people think that Romney is receiving a shoe shine, while Obama is spending time with the everyday person. Right or wrong, these perceptions will persevere and are very powerful.

Use of powerful images: This “ad” uses two photos that are extremely powerful when you first look at them. It counts on the fact that the viewer will not look very hard at either one of them. They will not question them, but they will be in awe of their initial reaction to such powerful images. I must admit that at first glance, I thought Romney was getting a shoe shine as well. Shock and awe is a tactic that can create great results.

Viral Sharing/Exposure: You have heard that “any exposure is better than no exposure.” In this case, as long as people are talking, debating, or arguing over this ad, it is seen as effective. Create emotional responses from people and you will be more likely to get your desired results. Also, the viral sharing aspect is important because someone is much more likely to find an ad effective if it is attached to their friends in social media, rather than a generic ad. The more you can make something viral, the more eyes will see it, which ultimately increases effective exposure.

In the end, this ad accomplishes its goal through very simple means. Get people to solidify their thoughts on political candidates with two very simple photos. Context and delivery are important and affect the effectiveness of a campaign. This guerilla tactics not only work in politics, but in business as well!

Are there any other political ads that have similar traits? What other aspects do you see with this particular ad that could be used in business marketing?