DavidMeermanScott
BestsellingAuthorofTheNewRulesofMarketing&PRandthenewhitbooksMarketingLessonsfromtheGratefulDeadandReal-TimeMarketing&PR
HowMarketing&PRatSpeedDrivesMeasurableSuccess
Real-Time:HowMarketing&PRatSpeedDrivesMeasurableSuccessDAVIDMEERMANSCOTT2
Portionsofthise-bookappearinReal-TimeMarketing&PR:HowtoInstantlyEngageYourMarket,
ConnectwithCustomers,andCreateProductsthatGrowYourBusinessNowbyDavidMeermanScott.
Usedwithpermission.JohnWiley&Sons,Inc.,2011.ISBN-13:978-0470645956.U.S.$24.95
©2010byDavidMeermanScott
Pleasefeelfreetopostthise-bookonyourblogoremailittowhomeveryoubelievewouldbenefitfromreadingit.
Thankyou.
ThisworkislicensedunderCreativeCommonsAttribution
NonCommercial-ShareAlike3.0UnportedLicense.
http://creativecommons.org/licenses/by-nc-sa/3.0/
E-bookdesignisbyDougEymer.ContactDougatwww.eymer.com
Real-Time:HowMarketing&PRatSpeedDrivesMeasurableSuccessDAVIDMEERMANSCOTT3
Gonearethedayswhenyoucouldplanoutyour
marketingandpublicrelationsprogramswellinadvance
andreleasethemonyourtimetable.It’sareal-timeworld
now,andifyou’renotengaged,thenyou’reonyourway
tomarketplaceirrelevance.
DavidMeermanScott’sbookTheNewRulesofMarketing&PRopenedpeople’seyestothenewrealities
ofmarketingandpublicrelationsontheWeb.SixmonthsontheBusinessWeekbestsellerlistandpublished
inmorethantwentylanguagesfromBulgariantoVietnamese,NewRulesisnowamodernbusinessclassic.
Inthiseye-openingfollow-up,Real-TimeMarketing&PR,Davidrevealstheproven,practicalstepstotake
yourbusinessintothereal-timeera.Scaleandmediabuyingpowerarenolongeradecisiveadvantage.What
countstodayisspeedandagility.
“Withhisacuteearforthecashregisterandhisjournalist’ssenseofurgency,nooneunderstandsthevalue
oftimebetterthanDavidMeermanScott.HeteachesmarketersandC-levelexecshowtousetimeand
urgencytogainhugecompetitiveadvantage.Read‘Real-TimeMarketingandPR’.Makemoneywhileyour
competitorssleep.”
–BrianFetherstonhaugh,Chairman&CEO,OgilvyOneWorldwide
“Ifyouarenothooked(hook,lineandsinker)within10minutesofstartingDavidMeermanScott’swonderful
newbook;well,Ifearforyou.Beautifullywritten,casesthatreachoutfromthepageandgrabyouandshake
you—andpracticaladvicethatanyone,anywherecanuseinaflashtomakehay.Isimplylovedthisbook,
anddoubledmyknowledgealongtheway.”
–TomPeters,authorofTheLittleBigThings
LearnMore
Real-Time:HowMarketing&PRatSpeedDrivesMeasurableSuccessDAVIDMEERMANSCOTT4
TableofContents
WakeUp,It’sRevolutionTime!5
TheROIofreal-timeengagement6
Real-TimeMarketing&PR7
TooBigtoSucceed?9
Boeing’sRadarBelatedlySpotsHarry’sPlane12
BuildaTeam13
MonitorWhat’sBeingSaid14
DevelopGuidelinesandTrainStaff15
EngagewiththeMarket16
ThankYouforYourInquiry17
ContactUs(OrNot)18
MakingContact20
HowFastDoestheFortune100Respond?22
GeneratingaPositiveReturn24
Appendix25
Abouttheauthor26
BooksbyDavidMeermanScott27
Morefreee-booksbyDavidMeermanScott28
Real-Time:HowMarketing&PRatSpeedDrivesMeasurableSuccessDAVIDMEERMANSCOTT5
WakeUp,It’sRevolutionTime!
Inaworldwherespeedandagilityarenowessentialtosuccess,mostorganizationsstilloperateslowly
anddeliberately,cementingeachstepmonthsinadvance,respondingtonewdevelopmentswithcareful
buttime-consumingprocesses.
TheInternethasfundamentally
changedthepaceofbusiness,
compressingtimeandrewardingspeed.
Youraccustomedmethodsandprocessesmaybealreadyfatallyoutofsyncwiththeworldaroundyou.
Thenarrativeofyourbusinessnowunfolds,minute-by-minute,inrealtime.Andit’snolongerguidedby
themassmediayouradbudgetcanbuy.
Real-Time:HowMarketing&PRatSpeedDrivesMeasurableSuccessDAVIDMEERMANSCOTT6
TheROIofreal-timeengagement
Thisebookisaboutreal-timebusiness.Anditisaboutsuccess.Inthesepages,youwillreadabouthow
peopleinthe100largestcompaniesinAmericaengageinreal-time(ornot).
Inamenames.
Youwilldiscovertheidentitiesofthe28companiesthatengageinreal-time.Andthosethatdonot.
(Feelfreetojumptotheappendix.)
Real-timecompaniesaremoresuccessful.
Acomparisonof2010stockpricesrevealsthatonaveragethepubliclytradedFortune100companies
thatengageinreal-timecommunicationsbeattheS&P500stockindexwhiletheothers,onaverage,under-
performedtheindex.DuringtheperiodImeasured–closingpriceonDecember31,2009throughclosing
priceonSeptember3,2010(whenmybookReal-TimeMarketing&PRwenttoprint)–thestockprices
of67%ofcompaniesthatoperateinreal-timewereupwhileonly42%ofthosethatdonotwereup2010
year-to-date.
Readonforthedetails
ofmyresearchandwhy
itisimportant.
Real-Time:HowMarketing&PRatSpeedDrivesMeasurableSuccessDAVIDMEERMANSCOTT7
Real-TimeMarketing&PR
Real-timemeansnewsbreaksoverminutes,notdays.Itmeansideaspercolate,thensuddenlyandunpre-
dictablygoviraltoaglobalaudience.It’swhencompaniesdevelop(orrefine)productsorservicesinstantly,
basedonfeedbackfromcustomersoreventsinthemarketplace.Andit’swhenbusinessesseeanopportunity
andarethefirsttoactonit.
MyfirstjobwasonaWallStreettradingdeskinthe1980s.Iwitnessedreal-timetechnologytransforming
financialtradingintoagamewhereinstantinformationinformssplit-seconddecisionsworthmillions
ofdollars.
Tradersdesperatelysearchtheirreal-timenewsfeedsandanalysistoolsforanangle,anyangle.What’sthe
Presidentuptotoday?AnynewsfromtheFederalReservechairman?Anyeconomicdataduetobereleased
thisafternoon?Anylargecompaniesannouncingquarterlyearningstoday?Astheyporethroughdataand
news,thetradersarepoised,readytocommithugesumsofmoneywhenthemomentisright.
Ithastakenaquartercentury.
Butinmarketingandpublicrelationstheimpactofthereal-timerevolution
isfinallybeginningtobefeltinallindustries.
Isthereanythingmoreimpersonalorunfriendlythan,“Pleasechoosefromthefollowingeightoptions,”
followedby10minutesofholdmusic?Sadly,anautomatedtelephoneattendant,plusmaybeanemailform
ontheWebsite,isallthatconnectsmostcompaniestotheircustomers.
Real-Time:HowMarketing&PRatSpeedDrivesMeasurableSuccessDAVIDMEERMANSCOTT8
Infact,todayanycompanycandobetter—andgrowthebusiness(andstockprice)bydoingit.
Wecanreactinstantlytowhat’shappeninginthenews,justlikeabondtrader.Wecanengagemembers
ofthemediaontheirtimetable,preciselywhentheyarewritingastory.Butwe’vegottodevelopabusiness
culturethatencouragesspeedoversloth.TheMBA-styleapproachofworkingoffspreadsheetsthatpredict
whattodomonthsintothefuturearenohelpwhennewsisbreakinginyourindustrytoday.
Asfinancialmarketplayersknow,advantagecomesfromreactingtonews
first.Thesamethingistrueforallcompanies.Whenyoustarttheconversation,
youarerecognizedassomeonewhoispluggedintothemarketplaceofideas.
Ifyoutalkaboutanideaearly,younaturallygetmoreexposurebecausethe
threadsofconversationstemfromwhatyouhavesaid.Ifyou’reinlateyouget
lostinthecacophony.
Withanewproduct,ifyougetfirsttomarketinahotcategory,yourinitialmomentummaygiveyouan
advantageformanyyears.Ifyou’reanearlyadopteronasocialmediaplatform,youbuildalargerfollowing
thanthosewhojoinlater.Ifyou’refirsttoengagethemarket,peoplenoticeandyourofferinggainsvaluable
attention.Ifyoureactearlyandconnectwithcustomersastheirconcernsarise,theyseeyouasthoughtful
andcaring.
Real-Time:HowMarketing&PRatSpeedDrivesMeasurableSuccessDAVIDMEERMANSCOTT9
Intheemergingreal-timebusinessenvironment,wherepublicdiscourseisnolongerdictatedbythemass
media,sizeisnolongeradecisiveadvantage.Speedandagilitywin.
Aresomecompaniestoobigtofail?That’sbeenahotquestioninrecentyears.Butwhentalkingaboutthe
revolutioninrealtime,weneedtoturnthisquestionaround:Aresomecompaniestoobigtosucceed?With
epochalchangesunderway,arethelargestenterprises,likedinosaurs,toounwieldytoevolve?It’sascary
questionthatneedstobeasked.
Fewcompaniesoperateeffectivelyinthepresent
TooBigtoSucceed?
Inalargebeastisitpossiblefornewinformationtotravelfastenoughfromtailtoskullandbackagain?
Willtheresponsebeinevitablyrobotic?Isthereanyevidencethatthemajorsareindeedevolving?After
thesequestionssparkedheateddiscussionamongmyfriendsIthoughtI’dbetterdosomequickdiagnos-
tics.ButhowcouldIdothat?
Real-Time:HowMarketing&PRatSpeedDrivesMeasurableSuccessDAVIDMEERMANSCOTT10
Aftermullingthisover,itoccurredtomethatthetop100U.S.companieswasasgoodafocusgroupasany.
SoIusedtheFortune500,theannuallistfromFortunemagazinethatranksbygrossrevenueAmerica’stop
500publiccorporations.
Isentaninquiryviae-mailtothemedia-relationsdepartmentofeachofthetop100companiesonthelist.
Iaskedeachcompanytotellmehowithadadaptedtothenewrealitiesofthereal-timeWeb.Here’swhatI
asked:
Hello,
Iwouldbegratefulifyouwouldpleaseforwardthisinquiryontothemostappropriateperson
forresponse.
Iamresearchingastorythatwillappearfirstonmyblog.IamlikelytoalsopublishwhatIlearn
inanarticleundermybylineintheHuffingtonPostandinabookIamcurrentlywritingdueoutin
November2010.
Iamreachingouttoothercompaniesaswell.
QUESTION:Inthelastyearortwo,hasthestructureofyourcorporatecommunications
teamand/orcommunicationsprocesseschangedtoembracethereal-timedigitalera?
Ifso,how?
Asentencetoaparagraphisfineasaresponse.
Manythanks,
David
Real-Time:HowMarketing&PRatSpeedDrivesMeasurableSuccessDAVIDMEERMANSCOTT11
Iincludedmye-mailsignaturewithalinktomysite,blog,andTwitterIDincasepeoplewantedtofindout
moreaboutmerightaway.
Iheardbackfromjust28
oftheFortune100companies.
Initself,thattop-lineresultisnotencouragingevidencethatthelightsareonincorporateAmerica.Even
morediscouragingwasthetone-deafresponsefrommanywhodidreply.Ontheotherhand,itwasvery
encouragingtofindthatafewcompaniesarealreadyverymuchontheball.Thatleadsmetohopethe
otherswillbeabletocatchuponcetheyfocusontherightquestions.
HerearesomehighlightsfromwhatIlearned.I’llstartwithastoryfromanaerospacecompany,towhose
productsIentrustmylifeseveraltimesamonth.Believeme:Iwasrelievedtofindtheseguysareawakein
thecockpit.
Real-Time:HowMarketing&PRatSpeedDrivesMeasurableSuccessDAVIDMEERMANSCOTT12
Boeing’sRadarBelatedlySpotsHarry’sPlane
HarryWinsor,aneight-year-oldfromBoulder,Colorado,lovesairplanessomuchthathe’sdrawnhundreds
ofthem.Sohesentoneofhisfavorites,renderedincrayon,toBoeing.Imaginehisdisappointmentwhen
Boeingrespondedwithacoldformletterstatingthattheydonotacceptunsolicitedideas.
ThatpromptedHarry’sfatherJohntowriteablogposttitled,“IsYourCustomerServiceReadyforthe
NewWorldofOpenness?”HeattachedHarry’sdrawingandBoeing’sformletter,andinvitedhisreadersto
comment.Togetthewordout,hetweetedalinktothepost.
Ifthisstorywasaboutmostotherlargeorganizations,itwouldendthere.Youwouldhaveadisappointed
kid,afatherreadytostranglethecorporatedronewhosenttheletter,andabunchofpeoplewhoreadabout
itonlineshakingtheirheadsatthemega-corporatefolly.
ButwhenToddBlecher,communicationsdirectoratBoeing,sawthetweetherespondedimmediatelyto
Harry’sdadandhisfollowers(usingtheTwitterID@BoeingCorporate).TheletterMr.Winsorpostedis,ashe
said,arequiredresponse.Forkids,wecandobetter.We’llworkonit,Blechertweeted.
WorkonitBlecherdid.HecalledHarryandspoketohimaboutthedrawing.Andheinsistedontheneed
forabetterwayforBoeingtohandlelettersfromchildren.AfterBlecher’squickresponse,therewasanim-
mediateandpositivereactionfrompeoplewhohadfollowedthesagaonline.
“We’refocusedonengaginginthedigitalspaceandtryingtoputahumanfaceonthecompany,”Blecher
toldme.Boeingemploysateamofcommunicatorswhomonitorthereal-timeWebandareempoweredto
respondquickly.“We’vehadamind-setshift.Leadershiphasunderstoodthatweneedtogoall-inandbe
responsive.”
Boeing,asIdiscovered,isoneoffewFortune100companiesproactivelyadaptingtothereal-timechallenge.
Let’slookatsomeoftheotherresponses(andnonresponses)tomyinquiry.
Real-Time:HowMarketing&PRatSpeedDrivesMeasurableSuccessDAVIDMEERMANSCOTT13
BuildaTeam
“Ourstructuresandprocessesaroundpublicrelations,marketing,andcustomerserviceevolvedasaresult
ofthereal-timedigitalera,”JoeStrupektoldme.Strupekistheassistantvicepresidentforpublicaffairsat
StateFarmInsurance.“Webuiltacross-departmentalteamtodevelopandimplementastrategy,aligned
dedicatedresourcestomonitoringandjoininginconversations,andallourcommunications—internaland
external—takereal-timedigitalintoconsideration.Butmoreimportantly,itchangedourwayofthinking.
Real-timedigitalcreatedaheightenedsenseofawarenessaroundtheinfluenceconsumershaveandhelped
usfocusonthebenefitsofcommunicatingdirectlywiththepublic,toshareideassowecanbettermeet
theirneeds.”
Coca-Colaseestheglobalcommunicationslandscapechangingdramatically.“Therehasbeenaconvergence
andblurringoflinesbetweentraditional‘communications’and‘marketing,’”saysPetroKacur,seniormanager,
marketingcommunicationsattheCoca-ColaCompany.“Thishaschangedourviewofthecommunications
functionandhowweengagewithourconsumers.Wearemovingfromamonologuetoadialogue.Inrec-
ognitionofthesegrowingtrendsandtheirimpactonourcompany’sreputation,inMarch2009weformed
anofficeofdigitalcommunicationsandsocialmedia.[Thisoffice]willhelpusbecomeevenmorecomfortable
andeffectiveinthesenewspaces.”
AtChevron,asatotherFortune100companiesincludingIntelandFordMotor,anindividualhasbeen
chargedwithleadershipinthisnewarea.JustinHiggs,mediaadvisorforpolicy,government,andpublic
affairsatChevronCorporationhasbeeninhisrolefortwoyears.
Real-Time:HowMarketing&PRatSpeedDrivesMeasurableSuccessDAVIDMEERMANSCOTT14
MonitorWhat’sBeingSaid
Companiesthatareadaptingtothereal-timeWebactivelymonitorwhat’sbeingsaidaboutthemusingsocial
Webanalytics.VerizonCommunication’sapproachistypical:“Overthelasttwoyears,wehavedramatically
steppedupourinvolvementinsocialandonlinemedia,recognizingthatthemedialandscapehasshifted
exponentially,”PeterThonis,chiefcommunicationsofficeratVerizonCommunicationstoldme.“We’ve
reorganizedtomonitorthisonlineworldandtobeabletorespondquickly,aswellastoengageproactively
whenwewanttotellourstoryorannouncenewproducts.Today,wehavemultiplecommunicationsprofes-
sionalswhoworkthedigitalmediafull-time,andeverymemberofourteamisinvolvedatsomelevel.”
WellsFargowasthefirstmajorbanktohaveabloganddedicatedsocialmediateam,startingin2006.
“Wewanttobewhereourcustomersare,”saysEdTerpening,VPandmanagerofsocialmediaatWellsFargo.
“AgoodexampleofthisisourTwitterhandle,@Ask_WellsFargo.Weareabletofindopportunitiestooffer
helptocustomersthatneeditandthankcustomersfortheirbusinessbylisteningtotheTwitterspherefor
mentionsofWellsFargo.ToolslikeTwitterprovideusreal-timeinsightintoconsumersentimentandnews
relatedtoourbusinesses.”
Real-Time:HowMarketing&PRatSpeedDrivesMeasurableSuccessDAVIDMEERMANSCOTT15
DevelopGuidelinesandTrainStaff
IBMhasbeenaleaderinsettingguidelinesthatencourageemployeestocommunicateinrealtime.
ButseveraloftheFortune100companiesIspokewithhavedevelopedsimilarguidelinesandtraining
programsforstaff.PrudentialFinanceisagoodexample.
“Wecreated,andmanagementadopted,asocialmediapolicyforemployeesthatwasdesignedaround
ourexistingcommunicationspolicies,recognizingthatwhilethetechnologymaybechanging,thecompany
alreadyhadsufficientpolicygoverninghowemployeescancommunicateexternallyandinternally,”Bob
DeFillippo,Prudential’schiefcommunicationsofficer,toldme.
AtFordMotor,ScottMonty,headofglobaldigitalcommunications,hasinstitutedtrainingforthe
communicationsstafftogiveeveryoneanunderstandingofhowthereal-timeWebfitsintotheirjobfunction.
Thisknowledgehelpsemployeesstarttobuildrealtimeintotheirstrategicplanningaswellastheirday-to-
dayinteractions.
IntelhascreatedaSocialMediaCenterofExcellence,guidelines,andwhattheycallthe“DigitalIQ”
social-mediatrainingwithacompletecurriculum.“Thetrainingbringspeopleuptospeedquickly,”said
KenE.Kaplan,newmediaandbroadcastmanageratIntel.“Anybodycantakeit,butsalesandmarketing
peoplearerequiredtotakethetraining…TheDigitalIQcurriculumforeducatingemployeesaroundthe
worldalsoincludesaninternalcommunitytosharenews,bestpractices,andkeylearning.”
Real-Time:HowMarketing&PRatSpeedDrivesMeasurableSuccessDAVIDMEERMANSCOTT16
EngagewiththeMarket
IwasencouragedtolearnthatseveralFortune100companiesareengagingthemarketviathereal-time
Web—aswesawwithBoeing.UPSisequallyontheball.“Likealotofcompanies,we’veseengreatoppor-
tunitiestoconnectwithouraudiencesandshareinformation,”DebbieCurtis-MagleyfromUPSpublicrela-
tionstoldme.“Theabilitytorespondquicklytonewsoccurrencesandincorrectinformationhelpsusmake
surethatthemedia,employees,customers,andthepublichaveaccesstofacts.”
InJanuary2010,UPSandseveralotherbrandscaughtwindofafast-spreadingrumorinsocialmedia
channels.“ItwasclaimedthatUPSwasofferingfreeshippingtoHaitiforpackagesunder50pounds,”
Curtis-Magleysays.“WerespondedimmediatelythroughTwitterandFacebooktocorrecttherumorand
directpeopletoourcompanyblog,upside.TheblogstoryprofiledUPScontributionstoaidagencies,
informedviewersthatshippingserviceswereonholdtoHaiti,andprovidedalistofdisaster-reliefagencies
wherethepubliccoulddirectitssupport.Inlessthan24hours,ouroutreacheffortsgeneratedalmost
10,000viewsoftheblogstory.Duringthatperiod,wetracked38blogsanddiscussionforumsthatcorrected
therumor.StatementsfromourblogwerequotedinonlinenewscoverageatCNN,ForeignPolicy,and
NPR.Aidagenciesalsohelpedgetthewordout,withtheSalvationArmypublishingacorrectiontothe
UPSrumoratitsblog.”
Asyoucanseefromtheseresponses,formanyoftheFortune100,theanswertomyoriginalquestion—
Inthelastyearortwo,hasthestructureofyourcorporatecommunicationsteamand/orcommunicationsprocesses
changedtoembracethereal-timedigitalera?—isadefinitive“yes.”
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ThankYouforYourInquiry
Boeing,Chevron,Coca-Cola,Ford,Intel,PrudentialFinancial,StateFarmInsurance,UPS,VerizonCommu-
nications,WellsFargo,andotherswhoansweredmyquestions,deservetoberecognizedasleaders.Soletme
saythistoanyseniormanagersfromthosecompanieswhomightreadthis:“Yourreal-timecommunications
teamisdoingagreatjob,pleasegivethemapatonthebackfromme.”
Iwasamazedwhensomeofthesecompaniesrespondedtomeinrealtimetoaskfollow-upquestions,suggest
thatwegointodepthonthephone,orsimplytodeclineparticipation.Theseresponsesarealsousefulinthe
analysisofmylittleexperiment.
CorinneKovalskyfromRaytheonwasthefastestresponderofall,reachingmejust10minutesafterI
e-mailedhercompany.Shetoldmethatshewasabouttoboardanairplaneandaskedaboutmydeadline.
Nowthat’sfast!WarrenLeeofMarathonOilrespondedwithintwohourstosaythatthecompanywasin
themiddleofissuingquarterlyearningsthatdayandheneededmoretimetogetbacktome.Wow,that’s
amazing.AtopcommunicationsofficerofaFortune100companytakesthetimetorespondtomyinquiry
rightaway,evenonthebusiestcommunicationdayofthequarter.
Severalpeoplerespondedquicklyjusttosaythattheywouldn’tbeabletocommentonmyinquiry.Infact,
thesecond-fastestresponseintheFortune100cameinfromMicrosoft(15minutes),andtheydeclinedto
comment.IalsoreceivedresponsesfromTravelersCos.andKraftFoodsdecliningtoparticipate.Even
thoughtheydeclinedtoparticipate,Iappreciatedthattheirmediarepresentativeswerecourteousenough
togetbacktomequickly.That,too,getspoints.
Iwantedtobescientificaboutthis,andmakesurethatIcouldmeasuretheresponseratesIgotfromthe
Fortune100.ButbeforeIwasevenabletoposeaquestion,Ihadtofindsomeonetoask.Andthisproved
tobemuchmoredifficultthanexpected.
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ContactUs(OrNot)
InmyworkasacontributingeditorforEContentmagazine,inthearticlesIwritefortheHuffingtonPost,
andinthecourseofresearchformyblogandbooksandebookslikethisone,Ifrequentlycontactcorporate
mediarelationspeople.Iprefere-mailtothephone.Althoughsomejournalistsstillusethephonetomake
initialcontact,inmyexperience,waymorethan90percentoffirstrequestscomeviae-mail,sothat’showI
approachedthisresearch.
ThefirstthingIneededwasane-mailaddressforeachofthe100companies.
IgatheredthesetheweekbeforesothatIcouldsendallthee-mailinonego
tobeasfairaspossibleaboutresponsetimes.
Here’stheprocessIwentthrough.IfirstGoogledtheexactcompanynameasitappearsonthe2010
Fortune500list.Ithenwenttothemedia-relationssectionofeachcompany’sWebsiteandlookedforan
e-mailaddress.Ipreferredgeneraladdresses(e.g.,media@company.com).Itturnedoutthatonly26companies
offeredageneralmedia-relationse-mailaddress.MysecondchoicewasaWebform,and14companieshad
thatoption.IfIcouldn’tfindeitherofthose,Ilookedforanindividualpersontoe-mail—althoughasa
journalistIdon’tlikedoingthis,becauseyouneverknowifthatpersonistravelingoronvacation.Ifthat
wastheonlyoption,Iselectedthemostseniorpersonor,ifthepeoplewereorganizedbydepartment,the
onewhowasmostappropriate.
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Iwashappytofindthatthreecompanies—AT&T,Hewlett-Packard,andRaytheon—listede-mailaddressesfor
social-mediarepresentatives(andthosepeoplegotbacktomefast).Alltold,theprocessaboveyielded70contacts
andwasquiteeasy.Atmostcompanies,Ihadane-mailaddressorformURLinlessthanoneminute.
Thenthingsgotmuchmoredifficult.Onmanycorporatesites,e-mailaddressesforthemedia-relationsteam
provedimpossibletofind.SoIhadtogetcreative,scanningpressreleasesfore-mailcontacts.Ifoundroutes
intoeightcompaniesthisway.Atnineothercompanieswherenomedia-relationscontactwasavailableI
foundinvestorrelationscontacts,soIusedthoseinstead.AlthoughIRisanotherdepartment,Iassumed
thattheywereinconstantcontactwiththePRteamandwouldjustforwardmyinquiry.
Tencompaniesofferedonlytelephonecontacts.Sure,Icouldhavephoned
them.ButIdecidedupfrontthatIwantedtomakeallinitialcontactsonline.
And,hey,I’mwritingaboutWebcommunicationshere!
IntryingtofindcontactdetailsIhadafewannoyingexperiences.Pfizerofferedaform,whichisfine,but
limitedtheinquiryto500characters,manyfewerthanIneededformyrequest.Thatseemsaridiculous
limitation!HeyPfizer,willyouoverdoseifyouingestmorethan500characters?
TheAmericanInternationalGroup’sformdidnotworkatallwhenItriedit—broken—helloAIG!Andthe
Walgreensformrequiredpriorregistrationandapproval.Thisprocedureisfine,inmyopinion,butthe
extratimethattakesmaydetersomeinterestedparties.
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MakingContact
Isenttheinquiriesbetween1:01P.M.and1:44P.M.EasternDaylightTimeonTuesday,May4,2010
(normalbusinesshoursonbotheastandwestcoastsoftheUnitedStates).
Somuchfortheencouragingnews;let’smoveontoJurassicParkandseewhichgiantsshownosignof
evolutionaryprogress.
Ireceivedresponsesfrom28companies,andtherewere11companiesthatIwasunabletocontact(those
thatonlyprovidedtelephonecontactsandAIGwithitsbrokenform).Thatleaves61companiesthatdidnot
answermyinquiryinanyway.(Seetheappendixforalistoftheentire100companies).
Somecompaniessentmeacannedforminresponse:
MassachusettsMutualLifeInsurance:Thankyou.Wehavereceivedyoure-mailandwillcontact
youwitharesponse.(Igotnoresponse.)
Amazon.com:Thankyouforyoursubmission.Yourrequesthasbeensent.Youwillreceivea
responseshortly.(Igotnoresponse.)
Walgreens:Thankyouforsendingyourinformationrequest.Asiteadministratorwillrespond
toyourrequestsoon.(Again,noresponse.Andbytheway,what’sa“siteadministrator?”)
Thesethreeresponses—fromMassachusettsMutualLifeInsurance,Amazon.com,andWalgreens—were
theworstexperienceformeajournalist.Icanunderstandthe61companiesthatchosenottorespondatall,
buttosendanautomatede-mailpromisingaresponseandthennottodeliverisjustlame.Iwonderifthese
companies’communicationsmottosare:“Overpromiseandunderdeliver?”
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Threeresponses—fromDuPont,Sysco,andFedEx—weresomoronic
Ihadtolaugh:
DuPont:DuPontPolicyrequiresthatallsurveyrequestsbesubmittedinwritingorfaxedto
thefollowing:DuPontCompany,SurveyResponse,[address].Whenyoursurveyarrives,it
willbescreenedandroutedtothemostappropriateresourcewithinDuPontforreviewand
response;however,DuPontdoesnotcommittorespond.
(Firstofall,whatsurvey?However,Ididdowhattheyasked,sendingmyrequest
inwriting.Ihavenotreceivedaresponse.Buttobefair,DuPontsaidthatthe
companydoesnotcommittorespond.)
Sysco:YourcommenthasbeensubmittedtoourWebsiteFeedbackdepartment.
Thankyouforyourinterest.
(Huh?“WebsiteFeedbackdepartment?”Ididn’tgetaresponse.)
FedEx:AlthoughFedExpioneeredovernightpackagedelivery,Iguessthey
don’tcareaboutreal-timedeliveryonline.Nordotheyreadtheire-mailcarefully;
20daysafterIsentmyrequest,Ireceivedthis:
Thankyouforyourinquiry.Iregretweareunabletoaddressyourconcernsviathisavenue.
WeregretthatFedExdoesnothavetheresourcestorespondtostudentquestionsindividu-
ally.However,thereisawealthofinformationontheFedExwebsite.
(HeyFedEx:Studentquestions?Didyouevenbothertoreadmye-mailorcheckmy
credentials?BesuretotellyourCEO,“UPSrunsringsaroundusinrealtime.”)
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HowFastDoestheFortune100Respond?
Questionmymethodologyallyoulike.Okay,soI’mnotThomasFriedmanoftheNewYorkTimes.
AndI’mnotastatistician.ButIwriteforabunchofpublicationswithmanyreaders.AndI’mtheauthor
ofaglobalbestsellerinacategorythatshouldcausePRpeopletositup.IwriteaboutmarketingandPR,
forPete’ssake!
SoifIcan’tfindawaytocontactyourcompany’smedia-relationsteam,andIcan’tgetanintelligent
responsefromthem—oranyresponseatall—Idon’tthinkit’sastretchtosaysomethingisbadlyoutof
whackinyourreal-timecommunicationsinfrastructure.
WhyisitthatonlyaquarteroftheFortune100companiesrespondinrealtimetomediainquiries?
Thefastestwerethefivecompaniesthatrespondedinlessthanonehour.Twelveofthecompaniesresponded
thesamedayIsenttheinquiry,andanother11respondedthenextday.
ThisresearchconfirmswhatI’vesuspectedallalong.Eventhebiggestcompanies
canrespondinrealtimeiftheyputtheirmindstoit.I’veseentheleaders.Ican
namenames.Theyhavedevelopedthereal-timemind-setthatI’mtryingtotell
youabouthere.
Unfortunately,thisresearchalsoconfirmsmyfear.Three-quartersoftheFortune100eithercouldn’tbe
contactedorfailedtoreply.(Seetheappendixforhoweachcompanyfared.)Theyareasleepatthewheel—
andthat’snotgoodenoughintoday’salways-onworld.
Real-Time:HowMarketing&PRatSpeedDrivesMeasurableSuccessDAVIDMEERMANSCOTT23
Thecompaniesthathavedevelopedareal-timemind-setareleadersinmorewaysthanone.
MyanalysisprovidesuswithevidencethatthereisapositiveROI(returnon
investment)forinvestinginreal-timemarketingandpublicrelations.
Acomparisonof2010stockpricesrevealsthatonaveragethepubliclytradedFortune100companiesthat
respondedtomyinquiry(thoseengagedinreal-timecommunications)beattheS&P500stockindexwhile
theothersonaverageunderperformedtheindex.
Duringtheperiod–closingpriceonDecember31,2009throughclosingpriceonSeptember3,2010
(whenmybookReal-TimeMarketing&PRbookwenttoprint)–theS&P500stockindexwasdownslightly.
Ifinditfascinatingthatthosecompaniesthatengageinrealtime,onaverage,outperformedthemarket
asawholeanddramaticallybeatthoseFortune100companiesthatdonotengage.
ThisistheROIof
real-timeengagement.
Real-Time:HowMarketing&PRatSpeedDrivesMeasurableSuccessDAVIDMEERMANSCOTT24
Furtheranalysisof2010stockpricesshowsthatthemajorityofthepubliclytradedFortune100companies
thatrespondedtomyinquiry(thoseengagedinreal-timecommunications)wereupontheyear(whilethe
overallmarketwasdownduringtheperiod).
Atthesametime,duringtheeight-monthperiodImeasured,lessthanhalfofthosecompaniesthatdonot
engageinreal-timewereupduringtheperiod.
Whilemydataonlycoveredpartof2010,itseemsclearfromthisdatathatcompaniesengagedinrealtime
communicationsaremorelikelytogenerateapositivereturn.
Ifyouownsharesinoneofthecompaniesthatdonotengage,youmightwanttowritetheCEOandaskwhy.
(Thenagain,youmaynotgetareply.)
GeneratingaPositiveReturn
Stockpricechangeofcompaniesthat
doengagethemarketinreal-time
Stockpricechangeofcompaniesthat
donotengagethemarketinreal-time
Real-Time:HowMarketing&PRatSpeedDrivesMeasurableSuccessDAVIDMEERMANSCOTT25
companyFortunerankresponsetime
AbbottLaboratories75Didnotrespond
Aetna63Didnotrespond
Allstate68Didnotrespond
Amazon.com100Didnotrespond
AmericanExpress88Didnotrespond
AmericanInternationalGroup16Unabletocontact
AmerisourceBergen24Didnotrespond
Apple56Didnotrespond
ArcherDanielsMidland271day
AT&T7lessthan1hour
BankofAmericaCorp.5Didnotrespond
BerkshireHathaway11Didnotrespond
BestBuy45Didnotrespond
Boeing283hours
CardinalHealth17Didnotrespond
Caterpillar661day
Chevron32days
CHS91Didnotrespond
CiscoSystems58Didnotrespond
Citigroup12Unabletocontact
Coca-Cola721day
Comcast59Didnotrespond
ConocoPhillips6Didnotrespond
CostcoWholesale25Didnotrespond
CVSCaremark18Didnotrespond
Dell38Unabletocontact
DeltaAirLines84Didnotrespond
DowChemical46Didnotrespond
DuPont86Didnotrespond
EnterpriseGPHoldings92Unabletocontact
ExpressScripts96Didnotrespond
ExxonMobil2Unabletocontact
FannieMae81Didnotrespond
FedEx60Didnotrespond
companyFortunerankresponsetime
FordMotor82days
FreddieMac54Didnotrespond
GeneralDynamics69Didnotrespond
GeneralElectric43hours
GeneralMotors15Unabletocontact
GoldmanSachsGroup39Unabletocontact
HartfordFinancialServices97Didnotrespond
HCA77Unabletocontact
Hess79Didnotrespond
Hewlett-Packard101-2hours
HomeDepot291day
HoneywellInternational74Didnotrespond
Humana73Didnotrespond
IngramMicro80Didnotrespond
Intel621day
InternationalAssetsHolding49Didnotrespond
InternationalBusinessMachines20Didnotrespond
J.P.MorganChase&Co.9Didnotrespond
Johnson&Johnson33Didnotrespond
JohnsonControls83Didnotrespond
KraftFoods532weeks
Kroger23Unabletocontact
LibertyMutualInsuranceGroup71Didnotrespond
LockheedMartin441day
Lowe’s42Unabletocontact
MarathonOil411-2hours
MassachusettsMutualLifeInsurance93Didnotrespond
McKesson14Didnotrespond
MedcoHealthSolutions35Didnotrespond
Merck85Didnotrespond
MetLife511day
Microsoft36lessthan1hour
MorganStanley70Didnotrespond
NewYorkLifeInsurance64Didnotrespond
2010Fortune100Real-Timespeedanalysis(Inalphabeticalorder)Appendix
companyFortunerankresponsetime
NewsCorp.76Didnotrespond
NorthropGrumman612days
PepsiCo50Didnotrespond
Pfizer40Didnotrespond
PhilipMorrisInternational943days
Procter&Gamble22Didnotrespond
PrudentialFinancial65lessthan1hour
PublixSuperMarkets991-2hours
Raytheon95lessthan1hour
RiteAid89Didnotrespond
Safeway52Didnotrespond
SearsHoldings48Didnotrespond
SprintNextel671day
StateFarmInsuranceCos.341-2hours
Sunoco78Unabletocontact
Supervalu47Didnotrespond
Sysco55Didnotrespond
Target30Didnotrespond
TIAA-CREF90Didnotrespond
TimeWarner82Didnotrespond
TravelersCos.981day
TysonFoods87Didnotrespond
UnitedParcelService434hours
UnitedTechnologies37Didnotrespond
UnitedHealthGroup21Didnotrespond
ValeroEnergy26Didnotrespond
VerizonCommunications13lessthan1hour
Wal-MartStores1Didnotrespond
Walgreens32Didnotrespond
WaltDisney57Didnotrespond
WellPoint311day
WellsFargo191day
Real-Time:HowMarketing&PRatSpeedDrivesMeasurableSuccessDAVIDMEERMANSCOTT26
AbouttheAuthor
DavidMeermanScott’sbookTheNewRulesofMarketing&PRopenedpeople’seyestothenewrealitiesof
marketingandpublicrelationsontheWeb.SixmonthsontheBusinessWeekbestsellerlistandpublished
inmorethan25languagesfromBulgariantoVietnamese,NewRulesisnowamodernbusinessclassic.
David’spopularblogandhundredsofspeakingengagementsaroundtheworldgivehimasingularper-
spectiveonhowbusinessesareimplementingnewstrategiestoreachbuyers.
HisnewbooksMarketingLessonsfromtheGratefulDead(writtenwithBrianHalligan)andReal-Time
Marketing&PRaregettingbuzzaroundtheglobe.
DavidisarecoveringVPofmarketingfortwopubliclytradedcompaniesandwasalsoAsiamarketing
directorforKnight-Ridder,atthetimeoneoftheworld’slargestnewspaperandelectronicinformation
companies.DavidhaslivedandworkedinNewYork,Tokyo,Boston,andHongKongandhaspresentedat
industryconferencesandeventsinovertwentycountries.
TobookDavidtospeakatyournexteventortorunaseminarforyourcompany,pleasecontacthimat
www.davidmeermanscott.com
Checkouthispopularblogatwww.WebInkNow.com
FollowhimonTwitterathttp://twitter.com/dmscott
Real-Time:HowMarketing&PRatSpeedDrivesMeasurableSuccessDAVIDMEERMANSCOTT27
BooksbyDavidMeermanScott
Real-TimeMarketing&PR:
HowtoInstantlyEngageYourMarket,ConnectwithCustomers,
andCreateProductsthatGrowYourBusinessNow
LearnMore
MarketingLessonsfromtheGratefulDead:
WhatEveryBusinessCanLearnfromtheMostIconicBandinHistory
(withBrianHalligan)
LearnMore
TheNewRulesofMarketing&PR:
Howtousenewsreleases,blogs,podcasts,viralmarketingandonlinemedia
toreachyourbuyersdirectly
LearnMore
WorldWideRave:
Creatingtriggersthatgetmillionsofpeopletospreadyourideas
andtellyourstories
LearnMore
Real-Time:HowMarketing&PRatSpeedDrivesMeasurableSuccessDAVIDMEERMANSCOTT28
MoreFREEe-booksbyDavidMeermanScott
GaijinMaleModel:ACaseStudyinConflict-DrivenBusinessWriting(2010)
Isyourwritinginteresting?
http://www.davidmeermanscott.com/documents/Writing_With_Conflict.pdf
LoseControlofyourMarketing!WhymarketingROImeasuresleadtofailure(2009)
Givethisonetoyourboss,board,orinvestors
http://www.davidmeermanscott.com/documents/Marketing_ROI.pdf
TheNewRulesofViralMarketing:Howword-of-mousespreadsyourideasforfree(2008)
Downloadedmorethanonemilliontimes
http://www.davidmeermanscott.com/documents/Viral_Marketing.pdf
TheGobbledygookManifesto(2007)
ChosenfortheViralMarketingHallofFame2007
http://www.davidmeermanscott.com/documents/3703Gobbledygook.pdf
TheNewRulesofPR:Howtocreateapressreleasestrategyforreachingbuyersdirectly(2006)
“Oneofthemostreadbusinesswhitepapersinhistory”–AnneHolland,MarketingSherpa
http://www.davidmeermanscott.com/documents/New_Rules_of_PR.pdf

Meerman scott