Dissecting a PR stunt: EXEC

This week, Justin Kan’s new startup EXEC is pulling off this awesome PR stunt: Rent a startup founder!

I will briefly try to explain in 5 minutes, 5 bullet points, why I find it so brilliant.

Disclaimer: I wrote this post while having breakfast. Didn’t get the time to proof-read it. I’ll do it later. Please excuse typos and other silly mistakes. I promise to get it right during the long weekend :)

1. Reaching your audience

They are targeting busy business people.

Time is money

Perfect

I would say busy business people would be interested and actually benefit of an hour of mentoring with Tikhon Bernstam (Parse, Scribd) and Steve Huffman (Reddit, Hipmunk), right?

I guess Alexis Ohanian (Reddit, Breadpig) will also attract a lot of potential EXECs offering his tips to Y Combinator applicants.

2. Building your brand

Offering such a high-class selection of EXECs for this task, the company shows what kind of service they are planning to offer. They already have a ‘regular’ EXEC profile in their website, just to make sure everyone is getting the message.

“We’ve only hired people that we would personally want as our own executive assistants”

 

A real exec

Totally could be me!

3. Counting on your allies

Not all of us can count on Y Combinator Alumni network, but you gotta have something.

This is a reminder for you, working alone and scared to share your ideas. People actually help each other. Be part of a group and you will make wonderful things together.

Alexis Ohanian

Can't say no to this face... (sigh)

4. Delivering your experience

You signup and you have the full experience before handling them your credit card info or anything. Showing everyone how quick and easy is getting your tasks done with an EXEC is the main goal here.

The experience

Get your task done. Quick & Easy

5. Not spending a buck

Mentoring sessions will happen on Skype or by phone. Costs near zero.

Summarizing…
PR stunts are not meant for profit.

The money is going to DonorsChoose.org.

Read more at:

Well done Justin Kan!


Community marketing: How to get it started?

Flickr, Reddit, 9Gag, 4Chan, Instagram. What do they have in common? These are community empowered business. They would never exist without the community marketing.

First things first, these are the goals of community marketing:

  • Connect existing customers with prospects
  • Connect prospects with each other
  • Connect a company with customers/prospects to solidify loyalty
  • Connect customers with customers to improve product adoption, satisfaction, etc.

Community focused business have the advantage of the network effect. When they reach the tipping point, they go viral and they are more likely to succeed. The down side is the good ol’ “chicken and egg” traction pitfall.

Community marketing is great. We love it, we adore Fake and Champ, but how the hell you bootstrap a community?

Continue reading