Not everyone understands why Amazon CEO Jeff Bezos chose YouTube and Zappos CEO Tony Hsieh chose a blog post to break yesterday's $807 million* acquisition while reportedly ignoring mainstream media on the front end, but I think I do. Hsieh all but says it in his post.
"Over the next few days, you will probably read headlines that say 'Amazon acquires Zappos' or 'Zappos sells to Amazon'. While those headlines are technically correct, they don't really properly convey the spirit of the transaction," Hsieh wrote.
Less obvious in the statement but demonstrative in example, the Bezos video is even more telling. Take a look.
Still unsure? Both Bezos and Hsieh have a story to tell. And neither of these stories would overshadow whatever the mainstream media might happen to ink about the deal. In effect, intentional or not, Amazon and Zappos may have demonstrated why social media sometimes means more message control, not less. Or did they?
Social Media Meets Message Control?
Sure, there absolutely were news releases sent out and none of them include the more colorful quips about home-based power grids and purchase ding dongs as seen on the Amazon video. They do, however, carry quotes aligned with the direct communication via the Zappos blog and Amazon's YouTube video.
Ironically, while both the reflective and visionary are apparently confined to singular sound bites, the details of the purchase price are all over the map. Amazon released $807 million. Most reported $847 million. And TechCrunch estimates $920 million. Some of the numbers can be easily attributed to stock fluctuations. Some cannot.
Much more interesting than the numbers is the simple idea the mainstream media was initially left out. In doing so, the companies seemingly have more control over the message as most mainstream media seems content to run with what was provided.
ZD Net seems a little less impressed, taking the time to answer its own questions since nobody else is willing to. Fast Company has written all sorts of amusing things about the communication, which means they may be less than amused. Meet The Boss even sent out a news release that it had some sort of exclusive interview with one of the elusive CEOs. The story, however, doesn't really seem to measure up to what it was reported to be.
Even The Wall Street Journal has a mash up of what everyone else seems to be saying. All the while, no one seems to have direct contact with the sources.
Social Media Tends To Be Messy.
Do people really think the initial story, broken on public channels, was designed as an externally transparent internal communication to the employees of both companies? Weird.
It seems more likely this was a public communication designed for anyone who was interested in hearing it (with Bezos and Hsieh being the most interested) while establishing what Amazon and Zappos want the message to be. Is that a good thing?
I haven't decided. I like both companies well enough. We have good enough relations with Amazon, and its nice to know Zappos will still keep its home in Las Vegas (for now, anyway). I also have to admit that both the notion of internal communication shared with the public first or the idea that corporate posturing without probing questions from the media gives me goosebumps.
After all, this bit of communication clearly demonstrates that social media, for all its praise of being open, two-way communication, could take a turn to being completely closed if the public allows it. Given that the public doesn't really care about the deal (not until it affects purchases) and those who did mostly offered a quick "congrats" and moved on, it seems like the public absolutely will.
"Over the next few days, you will probably read headlines that say 'Amazon acquires Zappos' or 'Zappos sells to Amazon'. While those headlines are technically correct, they don't really properly convey the spirit of the transaction," Hsieh wrote.
Less obvious in the statement but demonstrative in example, the Bezos video is even more telling. Take a look.
Still unsure? Both Bezos and Hsieh have a story to tell. And neither of these stories would overshadow whatever the mainstream media might happen to ink about the deal. In effect, intentional or not, Amazon and Zappos may have demonstrated why social media sometimes means more message control, not less. Or did they?
Social Media Meets Message Control?
Sure, there absolutely were news releases sent out and none of them include the more colorful quips about home-based power grids and purchase ding dongs as seen on the Amazon video. They do, however, carry quotes aligned with the direct communication via the Zappos blog and Amazon's YouTube video.
Ironically, while both the reflective and visionary are apparently confined to singular sound bites, the details of the purchase price are all over the map. Amazon released $807 million. Most reported $847 million. And TechCrunch estimates $920 million. Some of the numbers can be easily attributed to stock fluctuations. Some cannot.
Much more interesting than the numbers is the simple idea the mainstream media was initially left out. In doing so, the companies seemingly have more control over the message as most mainstream media seems content to run with what was provided.
ZD Net seems a little less impressed, taking the time to answer its own questions since nobody else is willing to. Fast Company has written all sorts of amusing things about the communication, which means they may be less than amused. Meet The Boss even sent out a news release that it had some sort of exclusive interview with one of the elusive CEOs. The story, however, doesn't really seem to measure up to what it was reported to be.
Even The Wall Street Journal has a mash up of what everyone else seems to be saying. All the while, no one seems to have direct contact with the sources.
Social Media Tends To Be Messy.
Do people really think the initial story, broken on public channels, was designed as an externally transparent internal communication to the employees of both companies? Weird.
It seems more likely this was a public communication designed for anyone who was interested in hearing it (with Bezos and Hsieh being the most interested) while establishing what Amazon and Zappos want the message to be. Is that a good thing?
I haven't decided. I like both companies well enough. We have good enough relations with Amazon, and its nice to know Zappos will still keep its home in Las Vegas (for now, anyway). I also have to admit that both the notion of internal communication shared with the public first or the idea that corporate posturing without probing questions from the media gives me goosebumps.
After all, this bit of communication clearly demonstrates that social media, for all its praise of being open, two-way communication, could take a turn to being completely closed if the public allows it. Given that the public doesn't really care about the deal (not until it affects purchases) and those who did mostly offered a quick "congrats" and moved on, it seems like the public absolutely will.