Sway

If you’ve been following my blogs or are a client, you’re familiar with my position on alternatives to the tech industry analysts for research and advisory. With this post, I’m bringing these conversations about alternatives to the industry analysts online. This post introduces some basic ideas and examples.

My position is simple: well-respected alternatives are out there; more sources are popping up all the time; only a fool ignores the good ones. Likewise, only a fool rushes in. The supply of ersatz research is bountiful as ever. Caveat emptor.

Today, I see very few cases where the alternatives completely displace the industry analysts. Typically, they coexist as vital resources. Often, they’re served up side-by-side in an integrated information portal available to employees. The alternatives tend to be most useful in 3 scenarios:

• Supporting specific decisions in real time
• Delving into topics that don’t attract dedicated industry analyst coverage
• Helping professionals develop broader, deeper or more inclusive perspectives

So where’s the good stuff? That depends on whether you want data-driven intelligence to help you buy and implement tech, or build and sell it. To start, here’s a short list of examples.

Associations: Long a sales and marketing channel for the tech industry analysts, many associations now offer their own research services to members and the public.  Some groups permit members to conduct custom research and encourage well documented case studies and best practices. Others leverage member-supported research for advocacy and thought leadership. Classic examples include the Consumer Electronics Association, IEEE, NASCIO and Socitm.

Academics: The ongoing disconnect between business and academia, at least here in the U.S., baffles many including me. The mutual disrespect might have been appropriate in years past. It is not today. Here’s the bite: some of the most successful companies in the world know this and fund research.  Classic examples in this category include MIT Sloan School of Management, Stanford University and Wharton School of the University of Pennsylvania.

Consultants: Management consultants have produced insightful research for decades. This group has the greatest overlap with the industry analysts who advise tech buyers. Classic examples include Booz Allen Hamilton, Deloitte and  PricewaterhouseCoopers.

Smaller associations, universities, and consultancies can produce equally valuable data-driven insight. Plus, there are several other categories. Media and government agencies jump to mind.

Data-driven insight is available from many reputable sources. IT professionals look to them for information, validation and advice. As a result, tech providers need to see them for what they are: influencers.

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Vendor-side influencer relations programs tend to focus on public relations, analyst relations and blogger relations. I’ve talked before (e.g. here and here) about the value of broadening these programs to include other types of influencers, such as the research leads at professional associations. Announcements today from CEA and ESA underscore why this makes so much sense.

The Consumer Electronics Association (CEA) today debuts CEMarketMetrics.org, a enhanced version of its well known Market Activity Reports and Analysis (MARA) service. The service, available only to CEA members, tracks shipments of more than 50 CE products from the factory to U.S. consumer sales channels through weekly and monthly reports. Data is supplied directly to the CEA from the manufacturers. Members used it to measure market trends and compare their sales against industry performance.

Meanwhile, the Entertainment Software Association (ESA) today releases results of its 2009 holiday shopping poll. Conducted by KRC Research, the market research covers consumer holiday spending plans relative to computer and video games. This is a timely poll from a proven source, presenting juicy data points to media and bloggers.

So what’s the take away? Why makes these kinds of associations so attractive as additions to influencer relations programs? Here’s how I look at it:

• Industry associations such as CEA and ESA are continuing to improve the extensive market research delivered to their members, and members can become involved in scoping and participating in these studies with their peers. Read between the lines: that means helping shape the focus and timing and therefore downstream findings of landmark studies.
• These groups are continually making better use of online and traditional media to promote their story lines, guest speakers and member sponsors.
• Lobbying and government relations outreach extends the groups’ influence across industry participants and across government and regulatory leadership. This can add additional touch points to most public affairs programs.
• Association-produced events extend influence to buyers, media and other interested publics.
• Most associations are already experimenting with social media and collaboration tools for stickier peer to peer networking.
• There is no question about the bias of these groups. They clearly represent their member interests. Plus, vendor involvement in major initiatives is usually spelled out. No wasting time investigating those points. Partner, counter, parry as appropriate.
• Managing relations with industry associations depends on many of the same skill sets used in successful PR and AR programs.

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