LinkedIn will be performing scheduled maintenance this evening between 19:00 and 21:00 Pacific Time (02:00-04:00 GMT). Your Network Updates and Contacts List will be unavailable during this time. Thanks for your patience as we perform these upgrades to LinkedIn's service.

Answers

 

Sebastien P

Web Entrepreneur with substantial Online Product Management, Strategy and Business Development experience

see all my questions

Can we use social media to save Business 2.0 magazine?

I read with great dismay this morning the possible demise of one of my favorite magazines, Business 2.0. I'm hoping social media can save the magazine. A Facebook group has been created and I've posted the news on Digg. Do you think social media can make a difference in the offline world?

http://www.facebook.com/group.php?gid=2420762508
http://digg.com/tech_news/Save_Business_2_0_Magazine_Facebook_group

posted July 17, 2007 in Viral Marketing | Closed

Share This Question

Share This

Answers (15)

 

Zennie A

Founder, CEO: Sports Business Simulations: Experienced online marketer,video-blogger, game programmer and SEO expert

see all my answers

Best Answers in: Blogging (1)

Hi,

I think it can, but Business 2.0 needs it's own system. Moreover it's crying for a video presence it does not have.

posted July 17, 2007

 

Jim O

Business Development Director - North America at GEWI GmbH

see all my answers

Best Answers in: Advertising (1), Internet Marketing (1), Using LinkedIn (1)

That's quite sad. I've been a long time subscriber and would encourage anyone who has not read it to pick up a copy. With all the junk polluting our newsstands, this is one magazine that deserves to be saved!

posted July 17, 2007

 

Regi S

VP Membership at New England Technology Sales Executives Association and Managing Partner, Bullseye Partners

see all my answers

Thanks for giving me the vehicle to step up and try to change things, Sebastien! I, too, am a fan of Business 2.0 and would hate to see it dissolve.

I've often thought that Fast Company and Business 2.0 combined would make for a good publication.

A friend's invitation to join and connect on Facebook didn't get me to act last week, but your request did...I've now accomplished two things today!

I'll be watching to see how this plays out...

posted July 17, 2007

 

Enrique J. "Rick" G

Web Analytics Manager at AARP

see all my answers

Hmm. depends. (See my more thoughtful answer that I sent you directly.)

posted July 17, 2007

 

Devin R

Jack of all trades, master of execution

see all my answers

Best Answers in: Business Development (1), Public Relations (1), Web Development (1)

I wouldn't mind if it stayed online in some form or another, though. I seem to plow through RSS feeds faster than paper magazines (no matter how great they are).

posted July 17, 2007

 

Paul T

CEO & Owner - Sandbox Publishers

see all my answers

Best Answers in: Public Relations (1)

It really depends. Business 2.0 is one of my fav. magazines. But just posting stuff in social websites doesn't help a lot. Getting new subscriptions and an increasing amount of news stand sales help. And if a percentage of the executives at Linkedin would spend some advertising $ at Business 2.0...

It never ceases to amaze me that pr managers and marketing managers complain a lot about the ever decreasing amount of printed media, while they're just not spending any amount of advertising at those 'beloved' magazines.

Oh well, that's life. I'll just renew my sub. to Business 2.0 and get some people to buy extra news stand copies in The Netherlands.

Best regards,

Paul

posted July 17, 2007

 

Terri L M

Planning and Strategies Consultant; speaker, trainer, author.

see all my answers

Best Answers in: Using LinkedIn (13), Change Management (9), Small Business (9), Planning (8), Staffing and Recruiting (7), Organizational Development (6), Ethics (5), Mentoring (4), Public Relations (4), Customer Service (3), Business Development (3), Non-profit Management (3), Starting Up (3), Facilities Management (2), Job Search (2), Occupational Training (2), Events Marketing (2), Business Analytics (2), Corporate Governance (2), Branding (2), Positioning (2), Career Management (2), E-Commerce (2), Freelancing and Contracting (1), Conference Venues (1), Government Services (1), Personnel Policies (1), Advertising (1), Direct Marketing (1), Guerrilla Marketing (1), Internet Marketing (1), Customer Relationship Management (1), Labor Relations (1), Manufacturing (1), Project Management (1), Retirement and Estate Planning (1), Market Research and Definition (1), Communication and Public Speaking (1), Professional Organizations (1), Professional Networking (1), Incorporation (1), Green Products (1), Enterprise Software (1), Software Development (1), Web Development (1)

Now you've really ruined my day!!! :-} This is truly one of my favorite business publications and I'd hate to see it go away. Do you suppose that having enough support via social media or e-mail would help the editors/publishers prove they have a following out here? Remember the TV shows that have been 'saved' by fans writing letters?

posted July 17, 2007

 

Susan F. H

part of the Fast Forward Marketing Braintrust Advisory Team

see all my answers

Best Answers in: Computers and Software (1)

In this case, the structure of the ad sales process at Time, Inc. seems to be at fault. Making a difference in that area is not likely unless advertisers who have had Business 2.0 space thrown in on bonus deals for ad buys in Time and other publications under the umbrella decide that they will demand to pay for it because the readers can't be reached elsewhere.

Even if this were to happen, it would require that Time Inc. be willing to absorb the loss of that revenue from another publication.

Changing either of these situations with Facebook and Digg seems unlikely.

If social media can save Business 2.0, it will be because it influenced venture capitalists to support editor Josh Quittner's efforts to save the publication, not because advertisers or Time, Inc. will be impressed by the buzz, in my opinion.

Links:

Clarification added July 17, 2007:

Thinking about the situation a little more, another way that social media could ultimately be successful in preserving the editorial mission if not the name would be to provide a subscriber base for a new publication (Business 3.0--After all, this is Web 2.0 now, right?)

Facebook and other social media sites are a way to build the subscriber list and provide a means to reach fans with offers for the new publication.

posted July 17, 2007

 

Jeffery A T

Social networks, Marketing, and Project Design

see all my answers

Best Answers in: Venture Capital and Private Equity (1), Direct Marketing (1)

It is possible however if the subscriber base can't justify it's existence then it's a longshot.

The magazine industry seems to be going through a bit of a shakeout with profitability of the title not always being the primary driver as exemplified by Condé Nast's recent cancellation of several titles including the popular Jane. It is a shame because every magazine I find useful in anyway seems to get canceled. Soon we'll be left with nothing but celeb rags and "how to use windows" mags

I think it is interesting though that of all the links in the facebook group posting not one of them is to Business 2.0's own site www.business2.com. Which led me to realize that although I subscribe I don't think I had been to the site in sometime. When seeing it was branded with CNN's branding I saw why.

Is Business 2.0's half-assed web strategy a contributing factor to it's demise?

Links:

posted July 18, 2007

 

Colin C

Communications, The Presbyterian Church in Canada

see all my answers

I think if the Facebook group is responsible for 'saving' the magazine, it won't be because a couple hundred fans joined the group. It will be because the advertisers will be re-connected with the magazine's readership and up ther ad buys. That's still a big if.

posted July 18, 2007

 

Mario P

Marketing strategist and creative writer for hire

see all my answers

Best Answers in: Advertising (1), Internet Marketing (1), Business Plans (1)

I think as a physical publication, it should die. I love Business 2.0 but theres no point fighting to keep print alive. The print business is dying. If Business 2.0 is to survive, it should completely abandon print and double its efforts online.

posted July 18, 2007

 

Jim K

Polished Interactive Media / Marketing Executive

see all my answers

Print is dying a slow death (or not so slow according to others). Like other who have provided answers, I'm a fan of the publication, but w/ so much great information and social networking going on already, it will hardly be missed. So, yes, it's a long shot for them to stay around and make profit. Even the Wall St. Journal has to look at ways to transform it's current model.

posted July 18, 2007

 

Josh W

Independent Writing and Editing Professional

see all my answers

Best Answers in: Using LinkedIn (25), Travel Tools (3), Customer Service (2), Mentoring (2), Internet Marketing (2), Public Relations (2), Customer Relationship Management (2), Non-profit Management (2), Career Management (2), Starting Up (2), Telecommunications (2), Education and Schools (1), Certification and Licenses (1), Freelancing and Contracting (1), Government Services (1), Criminal Law (1), Business Development (1), Writing and Editing (1), Planning (1), Personal Real Estate (1), Branding (1), Ethics (1), Blogging (1), E-Commerce (1), Computers and Software (1), Software Development (1), Web Development (1)

Wouldn't it be ironic if Business 2.0 folded its print edition and went online as Business 3.0?
(Just think of the marketing push—online fluidity, user-generated content, video capabilities, online-and-offline delivery, social networking, RSS feeds, and everything else that goes with it.)

First, full disclosure: I happen to make a living off the so-called "dying print media"—which has been running headlines about its own "imminent" demise for a quarter-century—so I may be biased. (I also casually know some Business 2.0 and other Time Inc. staffers.)

True, major print mags like Premiere, InfoWorld, and Jane have shut down of late—and it's true that Business 2.0 occasionally seemed like a weird hybrid of FastCompany, BusinessWeek, and Wired, a hybrid that had trouble defining itself at times.

But there was always a place for it in the media marketplace, and its writing was always top-notch.

I'd be sad to see it go -- and I'd have to blame its parent company.
Magazines these days are hard-pressed to make a profit with their print editions -- but their custom publishing units and event divisions are (or should be) capable of making money hand-over-fist.

Even a magazine that's a money-losing loss-leader can still be a massively valuable property—if its parent knows how to position it, cultivate its audience, and differentiate it from the other titles on the newsstand.

For those who are interested, I've included links to:
1) The New York Times coverage of B2.0's situation; and
2) The San Jose Merc News' piece (which includes a nod to you, Sebastien!)

Interestingly, several of the pieces mention that LinkedIn founder Reid Hoffman is among the Facebook Fighters.
(And the other members, it's been said, are heavy in the media world, perhaps signaling for the first time a professional-caliber membership at (and practical use for) Facebook?)
Keeping my fingers crossed.

(What's unfortunate is that the kind of tech industry that Business 2.0 thrived on—VCs, start-ups, and IPOs—is on the verge of rebirth (if it hasn't returned already).

It's going to be interesting to see what happens next.
j.

Links:

posted July 20, 2007

 

Tom K

chief scientist - digital scientists

see all my answers

Best Answers in: Internet Marketing (2), Direct Marketing (1)

A few thoughts.

T-W hasn't done a good job of making B2 distinct and uniquely compelling.

T-W hasn't applied basic aspects of social networking, how to integrate ranking, commenting, referencing that's commonplace throughout the web.

By sticking B2 underneath CNN Money on the web, B2 doesn't mean anything.

B2 content could easily continue to exist as part of Fortune, CNN or any number of other brands (maybe even a quarterly insert with Fortune).

There are probably dynamics at work here that we don't know. For example, I would guess that its newstand sales have dropped, making it difficult to rationalize keeping it on the shelves.

Once the newsstand goes, and given the poor state of the website, it's time to throw in the towel on the brand.

I wouldn't bemoan the loss of the brand. I think there probably are more efficient vehicles to deliver this content to its target. Just because the print magazine dies, doesn't mean the content has to.

Another alternative might be conversion of the existing magazine into an electronic format, as I described in a recent article (link below) at feedgrowth.com -

Links:

posted July 22, 2007

 

Jean-François D

VP Développement des Affaires/Business Development at w.illi.am/

see all my answers

What a bad news, just came back form holiday yesterday and were very pleased to see my lat issue of B2.0 in my mailbox. Can't think it could be one of the last one....using social media to save B2.0? Not sure, interesting perspective to use social force/value instead of $force/value. I would like to think this is feasible.

posted July 23, 2007