Written by: Barbara French

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Wednesday, July 16th, 2008 at 7:34 pm PT

There’s some interesting groundwork being done on redefining long-held ideas about influencers and tech purchase decisions. Two of the blogs I recommend, read and sometimes comment on are Influencer50’s Infuse and SAP’s Everyday Influence. Both use custom models of the tech decision process, and map influencers to each stage of the decision process. The ICT industry analysts are an important component of these emerging influencer models, and figure prominently — though not exclusively — in several phases. Examples include analysts influencing short-lists and validating IT strategies and pricing.

I’d like to see the models extend into the final phase of a decision process: the post-purchase phase. I think of this as the window between signing the contract and getting onboard with maintenance. It’s a delicate stage: as Todd Olson (6th Sense Analytics) said last week, “it’s easy to make recommendations — it’s hard to execute them.”

Historically, the post-purchase phase has been “owned” by sales support and customer satisfaction. Analyst relations has been kept clear of these buyers. Yet, social media is challenging many corporate controls, including customer commentary shortly after signing a contract. A quick look at Twitter, expert communities, and review sites shows how much norms are changing. Post-purchase buzz is becoming a big deal. I’ve got to think that analysts and analyst relations can play an important role here, whether through social media or offline relationships.

So, where will the industry analysts figure in this new world of post-purchase buzz? To what degree will they influence the post-purchase phase? What are the opportunities and risks for analysts? for analyst relations?

Written by: Barbara French

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Wednesday, June 25th, 2008 at 12:20 pm PT

I found a refreshing take on analyst influence and analyst relations in the book Influencer Marketing - Who Really Influences Your Customers, by Nick Hayes and Duncan Brown of Influencer50. The book proposes a focused, cohesive and research-driven approach to identifying external influencers and getting them to participate in appropriate ways in marketing.

The book is not about buying influence or licensing analyst content/speakers for demand gen tools. It’s about designing an influencer relations initiative that accurately targets the rich spectrum of influencers involved in purchase decisions within specific market sectors.

In the Influencer Marketing approach, organizations create a cross-discipline marketing initiative. They leverage the cream of the crop from traditional influencer silos like PR, AR, etc. They also add some new influencers to the mix — new names or new types of influencers, such as competitors, academia, government.

The first result is a “dream team” of top influencers from the many discrete spheres of influence — analysts, press, consultants, channels, customers, competitors, academia, government, and so on. All identified influencers — and the assigned relationship managers — are placed on equal footing. Refreshing.

The second result is a goal-oriented plan for participative marketing. Participative marketing puts the impetus on managing influencer relationships based on their specific role during the purchase decision. AR activities are driven by customer decision processes, rather than by vendor product/service lifecycles. Refreshing.

Organizations with analyst relations functions already in place could use this book as a springboard for creating a cross-company influencer marketing initiative. Stage it as a pilot program. Or, run it as a special executive buddy program. Make it complement the influencer strategies and programs already in place.

Such an initiative will take some AR professionals out of their comfort zone. Equal footing among all identified influencer means ranking analyst priority relative to the other kinds of voices whispering in the customer’s ear. Instead of comparing a Gartner analyst with a Burton Group analyst, for example, you would compare both to a different kind of influencer — perhaps an association thought leader like AIIM’s Dan Keldsen or an author/consultant/blogger like James Taylor.

Old boundaries are breaking down all over the place — who’s an analyst (and who’s not), who controls the brand reputation, who drives the innovation, who’s the trusted advisor. It’s going to take some trial and error to figure out how best to deal with all these changes. Influencer Marketing suggests one way to move on.

Next week’s book review: Groundswell.

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