EconWomen Conference - Part 2

So I'm groovin' to the funky latin beat of Los Hombres Calientes, Vol. 2 in the background (music to blog by) and ready to keep yaking about yesterday's EconWomen Conference. Where did I leave off? Oh right. Wenda Harris Millard. Co-CEO of Martha Stewart. She had a lot to say about ad networks (similar to Adsense, ad networks allow publishers to make money by placing ads on their sites). The internet, she explained, is a brand medium, and there is concern on the part of brands with being associated with lower quality sites, or ones that don't fit well with their image, so they will have a preference over branded sites. Because the environment in which the ads appear is very important to advertisers, sites that are able to brand themselves will do well. But she warns you can't rest on your laurels - execution is everyting and publishers have to continue to deliver quality content. She told us about how big-name brand marketers like Dove (Unilever) are embracing the internet while others (Proctor & Gamble) are still sitting on the sidelines, experimenting. "You can't experiment anymore, especially since the forecast is for advertising online to match that of consumer magazines by 2010, and quickly surpass it from there," adds Wenda.

We heard more on the subject at the next panel, "Advertising, Ad Networks and Other Revenue Opportunties". Lisa Stone, CEO of BlogHer (that's her next to yours truly), shared how her company started out as a conference and has now become a full fledged organization that offers an ad network to its members but maintain high standards. "We have advertising guidelines that forbid pay-per-post and we request that bloggers bring in the best content for women", she says. As Lisa puts it, their members didn't want to write for magazines or newspapers, they wanted to write for themselves (here's to blogger's independence!), and BlogHer is providing a way for them to monetize their work. She sees a very positive future for ad networks.

Up next it was two media powerhouses: Cathie Black, Pres., Hearst Magazines, being interviewed by Tina Brown, back at work with the launch of her new Daily Beast. Tina Brown made a catty remark about being in magazine publishing in this environment (meow...I guess she learned her lesson...), which was blogged about in this piece on PaidContent.com.

The highlight of the panel that followed, which was on M&A and venture capital activity, was seeing Andrew Shue in the flesh, cute as ever. Yeah, that Andrew Shue. From Melrose Place. Elizabeth's brother. He is co-founder of CafeMom, an online community for mommies, although apparently he hasn't left Hollywood altogether. When he introduced himself he said he was formerly with D&D Advertising, and the whole room chuckled. I had to ask one of my table mates what he meant, and she quickly clarified that was the fictional company he worked for in the series (ok, he's cute and has a sense of humor).

The other big thrill was listening to blogger extraordinaire Heather Armstrong tell her story. She started her blog Dooce when she was single, thinking that only a handful of friends (and, as she puts it, a few guys she slept with) would read it. She would complain about her job and call her boss names, for which she subsequently got fired. Heather later got married and had a baby, so her posts became about the isolation that new moms go through and her own struggles with post partum depression. The beauty of it was that new mommies all over the country were sharing her same angst and, through her, found a voice for what they were feeling. Page views went through the roof, to the point where Dooce now supports her whole family. Her experience really inspired me to keep writing, and more often. Hope it does for you too. Blog on!

Comments? Thoughts? If you liked this post please share it with your friends by clicking one of the social bookmarking links below.

Blogs - Your Electronic Calling Card to the World

This week I gave my very first two-part workshop on blogging and it was a resounding success. The class got so excited about setting up their blogs everyone had given it a go by the time the second session rolled around.

One story I shared with them was how I started my Mogulette blog a year and a half ago. I met a woman who was having a lot of difficulty finding a job in her industry so she decided to start blogging. Six months later she had a book deal and a year after that she landed a job in her field in addition to lining up speaking engagements. Her story inspired me so much I immediately created a Blogger account and started writing. Her advice was to write as much as possible, like at least 2-3 times a week or more. However I never managed to enter more than one post a week (except like, right now when it's been two weeks since I wrote last, but, who's counting?), but the beauty of it is that even with minimal writing I still get results.

Today through my blog I make valuable connections I would never make otherwise. It's not only a source for consulting leads but it's also a great way for journalists and referral partners to find me. Forbes.com recently stumbled across my blog and asked me to join their Blog Network and share ad revenues with them. Last week Dale King of GuruKnowledge.org found me and asked if he could interview me for his blog (I'll be on his home page for a week). And suddenly I'm getting pitches from PR people to feature their clients on my blog.

I think it's a basic instinct we have in all of us - the curiosity about what other people are doing on the one hand, and the need to tell others what we're up to, on the other. Blogs - and all new media for that matter - feed that need we have inside to express ourselves and make connections - whether meaningful or superficial (super pokes!), intellectual or mundane.

Big businesses are increasingly seeing the value of 'Web 2.0' and how it can help keep the connection between them and their clients alive and the communication flowing. But it's also easier than ever for small businesses to join into the action with so much free software available today. Facebook, LinkedIn, Twitter, YouTube...in addition to blogs - make it possible for us to stay front and center in our customers' minds. The key is to pick two or three of them and focus on those.

What new media tools work best for you? How do you manage all your social networks? Please share your tips!