A Q&A
with Steve Ennen of American Business Media
August 7, 2007
Steve Ennen is Vice President of
Digital Business Strategies for American Business Media. Steve’s primary role
is to assess the digital landscape—including changes in user habits, new tools
and media/information delivery systems—and educate member companies on how
these issues affect their business structure and growth.
What are the key trends you see in
how business professionals are consuming media?
There are
two primary trends. One is the fact that they have the ability to speak back.
With the adoption of blogs and the increased sophistication of social
networks—what we call vertical digital communities—professionals have a greater
ability to interact in multi-channel dialogues about key issues. At the same
time, these conversations are becoming more niche, as very specialized people are
finding each other and communicating to solve problems.
The
second trend is the ubiquity of devices and services. Handhelds, laptops and wireless
broadband Internet access have proliferated throughout the globe and really
enable point number one more fully. Now, business professionals can search for answers online from anywhere at anytime.
The
challenge to business information providers is to understand where people are going
for information. Quite often, they go to search engines first. If business
information providers don’t appear in the search results they stand the risk of
being overshadowed by others who do.
How important is having a vertical
search capability for a business publisher?
It’s
absolutely vital. If business information providers want to be destinations for
information seekers, they have to have a robust and efficient search system so
people can access the information they need, when they need it.
What advantage would a publisher
have over a mainstream search engine?
What I
say about that is that as long as there has been business media, the stewards
of that media have known their topics intimately. Editors are still the experts
out there. The credibility that established media brands have is tremendous. Nobody
is going to know the industries content as well as those people who live and
breathe it. That’s why it is important to have that content accessed and
apparent in a world with many search engines.
Do you think publishers need to
wean professionals off of Google?
No, I
don’t necessarily think so. I think the brands will offer such detailed
information that they will separate themselves just by use. Google and Yahoo!
and MSN and Ask are just tools. It may also be that at a point the business
professional bookmarks the deep vertical site and circumvents the major search
engines.
Google
could break down their business across 160 business verticals if it so chose
but it’s going to be hard for them to catch up on 150 years of editorial
expertise. They will never have the reputation that these other brands have
within their verticals. Some of these verticals are very complex, it would be
difficult to come in as an outsider and really understand these verticals.
Do business professionals search
the same way as consumers?
I think multi-layer
searching is evolving as information seekers become more sophisticated. They’re
used to the idea that one piece of information might take them to another that
is as valuable or more valuable. Whether we’re talking about broad search or
vertical search, they both need to work in concert with each other.
What is it going to take to drive
traffic to vertical search site?
This is
an area of expertise that every brand is going to have to pick up to make
itself heard in the digital din. The best way to do that is having an effective
SEO/SEM strategy.
That
being said, there are also other platforms available to business information
providers, like events, print and handheld devices. We’re looking at four
platforms that have the potential for driving traffic to the vertical search
site.
Steve Ennen
Vice President of
Digital Business Strategies
American Business Media