The world is adapting. No longer are you required to have a giant badge that reads “PRESS”. Now, bloggers are revolutionizing the rights of “journalists”. The media is no longer limited to glitzy reporters on TV, radio and in print. Online Journalists are the wave of the future. And smart franchisors are capturing this opportunity.
The question is: As a franchise, do you understand this?
And the follow-up: As a PR firm, do you understand this?
Both important questions. Both deserving of important answers. Both important to overall brand development.
With bloggers taking control of the media, what does this mean for franchisors? Well, in the simplest of terms, it means that anyone, anywhere can write about your brand. I have stated this before, but now you must focus on perfection. You, as zors, are being challenged to place the best product, service, and concept in front of the public. If you half (bleep) it, then you better watch out. Someone is going to blog about it. And someone else is going to boycott your brand. Word-of-mouth now travels virtually.
I have talked about Yelp before, as well. Yelp is a community of reviews. These reviewers aren’t anyone special – in the journalism world, that is. They are the general public putting stamps of approval and disapproval of your brand? Can you have control on these sites – absolutely (but, that benefit I will save for my clients). Can you have Internet control of content? Sure. In our ever changing world, you can even pay bloggers to write positive material about your brand. Is that right, though? That’s a moral question for you.
Just as the franchise portals allow you to place information on your wonderful concept on a third party site for a fee, you can now do the same thing by paying a blogger or reviewer to write about your brand. This creates more searchable content and keeps you, the franchisor in control. However, if I am a franchisee, or a potential franchisee and I read one of these reviews about how wonderful your brand is, how I am going to make money (earnings claim), and how I need to buy in now. And I do. And it sinks. I am going to be PISSED!
So, is controlled content fair to franchisees? If it is real, then yes. But, again, this brings up morality questions. What information can you present that is real, to your best belief, and is beneficial to your potential franchisees? Are you doing it? Lots of questions. Lots of answers.