Written by Francois Gossieaux
Pete talked a lot about the importance of credibility in the age of consumer generated media, and described in detail the six drivers of credibility: trust, authenticity, transparency, listening, responsiveness, and affirmation. He is convinced that trust is perhaps one of the most important competitive differentiators that companies can develop.
We also spent a fair amount of time talking about the benefits of building brand communities, and whether companies should all have their own or affiliate with one another to deliver better value to their members. And we discussed the community efforts at Intuit as we both have familiarity with Scott Wilder’s work – and especially highlighted the importance of setting up a cross-functional center for excellence to capture all the potential benefits of communities, as well as the power of a credentialing model to ensure quality control when customers help one another.
Other things that we discussed include:
- How Dell Hell could have been prevented
- The importance of emotion and fairness in word of mouth
- How the new customer service motto might be “this company is being monitored for quality improvements”
- How there is a real risk that bad marketers will spoil it for the rest of us
- The symbiotic relation between traditional marketing tools and social media based tools
We wrapped up the conversation by talking about the challenges that Pete is facing as a marketer, and how he measures progress and success. Not surprisingly, his primary way to measure success is by monitoring his client advocacy. Are customer willing to get on a stage with him? Are they willing to recommend his company?
We also talked about the challenges associated with competing in a world with many free offerings – and with Nielsen actually having their own free offerings. Interestingly enough, the way Pete looks at it is the same way you would look at it from a consumer packaged goods manufacturer’s perspective like P&G – which is that “sampling” does lead to purchases.
As usual you can listen to the recorded podcast below, and we will put up a transcript as soon as we can.
CMO 2.0 Conversation with Pete Blackshaw, EVP Nielsen Online [60:00m]: Hide Player | Play in Popup | Download (5043)









