Tag Archives: tremor

album-under-the-influence-of-giants

The role of Influence in Analyst Relations

I read a great piece recently by my friend Lisa Petrilli on Influence vs Empowerment. She raised some excellent points about the differences between the two and, more importantly, the effectiveness of the two. And in a pure social/commercial market, her points were dead on.

One of the more interesting notes in her post was the result of research by Steve Knox, CEO of Proctor and Gamble‚Äôs WOM Unit Tremor. They found that rather than “influencers” in any given market, there were actually “connectors” – people who linked people and ideas together (perhaps a much better, or accurate, description of influence!).

But in the world of Analysts and Analysts Relations, all too often the word “influence” is the yardstick by which people, initiatives and, ultimately corporate value, are measured: How much “influence” over a particular market, or a group of analysts or a group of [pick any category that involves at least one person who buys anything] does an individual actually have, and how can they improve that.

So with a tip of the hat to Lisa and the work of Steve Knox and the team at Tremor, I think that there are some very distinct ways that we can alter/change/improve the way that we “connect” people and ideas together with the ultimate goal of shaping (influencing) an analysts decision to recommend a product, or ultimately (and perhaps directly) a consumer’s decision to purchase a product, in favor of another vendor’s product. Ideally, this influence should be subtle enough to allow the analyst or consumer to feel that they have made the correct choice themselves, as a result of their own empowerment and selection process.

Here are a few things to think about – questions that are worth answering as we begin to consider just how much influence vs “connective ability” Analysts and Analyst Relations people actually have, and how they can improve it:

  • Can “empowerment” actually be used to shape an Analyst’s opinion of a vendor’s product?
  • Can a vendor’s Analyst Relations team go directly to an end-user, bypassing an Analyst, to both help shape an Analyst’s opinion AND drive direct sales results? And does this violate the separation of AR & Marketing?
  • Is there value in a vendor’s Analyst Relations team working directly with Marketing and Public Relations to help shape the way that a vendors customers (believers) can become connectors, and increase a vendor’s brand awareness
  • Can basic outreach techniques (blogging, speaking, etc.) be used by a vendor’s Analyst Relations team to help create a larger group of “connectors” (and thus influence) in a market?

Note: Image courtesy of the band Under the Influence of Giants self-titled album released 2006 on Island Records