"This is simply not a passing fad that can be ignored," said Michael Gartenberg, analyst with Jupiter Research. The author says bloggers have great credibility. They use a recent event as evidence. Engadget reported that Apple's iPhone and Leopard operating system would be seriously delayed. Apple's stock price took an immediate dive, dropping some $4 billion in market capitalization before it was discovered that the information came from a fake leaked memo.
The article goes on to say "Consumers are also taking bloggers' word before they buy. A late 2006 Ipsos MORI survey found that blogs were a more trusted source of information than advertising or e-mail marketing. One-third of respondents said they had decided not to buy a product after reading a negative blog post, while 52% were persuaded to buy after reading a positive review." There is no denying that blogs influence consumers purchase behavior.
Unfortunately, most marketers do not know who is blogging about them. However, I have a few tips which may help them.
1. Type in the name of your company or product in Blogpulse, Technorati, Google Blog Search or any other blog search engine.
2. Collect a list of bloggers talking about your company or product.
3. Read bloggers post to see what they are saying about you. (This may be more important than knowing who they are since some bloggers like to remain anonymous)!
4. Click on a bloggers profile. Many bloggers provide demographic information (i.e. Who they are, Age, Sex, Location, E-mail etc...). This will give you a really good feel about who they are.
5. Determine how much influence a blogger has over other people. Do they post Consumer Generated Media (CGM) in other places (i.e. Discussion boards, Usenet groups, video content on YouTube)?
6. Find out who is in their 'Sphere of Influence'. Do any other bloggers link to them?

I hope these tips can help out some of my fellow marketers. Feel free to leave comments regarding this post.
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