Co-founder Nick seems to be in a marginally better mood recently, probably because he has finally finished his book: The New Fire - Harness the Power of Video for Your Business. Here we ask him a few questions to give you an idea of what to expect.
If you would like to purchase a copy, please follow this link. Firstly, they're almost certain to sell out (Bezos is rubbing his hands together in anticipation of the launch already). Secondly, as an early registerer you might win a free copy! So, what are you waiting for!
Why is the book called The New Fire?
Video is the New Fire for a couple of reasons:
Firstly, fire and storytelling have always been closely linked. Using fire enabled us to get the nutrition required from our food to grow our brains, enabling us to have thoughts that focused beyond the immediate – ‘why are sabre-toothed tigers so… bitey?’, rather than simply ‘that sabre-toothed tiger is going to eat me, I need to run away now.’. It also lengthened the day, which gave us the time to use our newly enhanced brains to think abstractly and construct abstract narratives - to tell stories. This is why storytelling is such an effective means of communication. Our brains literally evolved to make sense of information through them.
Sabre-toothed tiger - rather 'bitey'
Secondly, I’ve always liked the metaphor of video as fire. They exhibit many similar qualities. Used effectively, it can be sustaining, providing energy and power for your cause. It can ‘light a fire’ in your audience’s hearts and minds. Get it wrong and it can burn, damage and potentially kill you. In the online space, video spreads rapidly, enlightening or burning as it goes. Often with world changing ferocity. A fire of its time – the shocking LAPD/Rodney King case in the early ‘90s captured global attention because it was recorded for all to see. Now cameras are everywhere and distribution is immediate we all have that capability to create fire in our hands right now. Video has moved from being in the hands of the few, the privileged, who used it to broadcast their message, to being in the hands of the many – more or less everyone – who can use it to narrowcast to the few. This has huge ramifications for all of us, particularly business communicators.
This is why the Technological Revolution has allowed video to fully come of age. After 400 millennia fire was only harnessed with the Industrial Revolution and the invention of the steam and internal combustion engines. These transformed it from being a relatively raw asset – providing heat and light – and channelled it to power rapid advancement. This is the headspace that we need to be in when considering what video can do for us as modern communicators.
Why did you write this book?
I wrote the New Fire because this evolution has happened so fast that even for those working in the industry, it can feel pretty overwhelming to get your head around. I wanted to help people to make sense of it by breaking down what video is, how it has evolved and what this means for businesses and brands.
I also read a lot of business books and am yet to find a comprehensive account of brand video. There are ‘how to do it yourself’ books, there are books that look at marketing generally, there are very technical books which breakdown strategy. I haven’t yet found one that focuses specifically on corporate video. This has traditionally been a bit of a back water but this ignores the drastic evolution that has happened over the last decade. The UK government’s Independent Review of the Creative Industries published in 2017 didn’t include brand/corporate video content as a category, it didn’t even mention it. This is an estimated $8 billion global industry!
There are thousands of companies that have grown up over the last decade, producing stunning work for global businesses. As a member of this thriving industry, I wanted to represent the changes that have happened and to help both parties to get more from the relationship.
Who should read this book?
- Senior executives who want to understand more about using video content to engage staff, explain/promote products/launch or build a brand. The New Fire breaks down the assets that make video such a valuable tool so that you can think, speak plan around it from a position of understanding. From conversations with clients, senior execs and others working in the industry, I realised that there is often a bit of a knowledge gap between video practitioners, who tend to be a bit more clued up, and their bosses. This book specifically addresses that gap.
- Corporate/brand video commissioners who want to understand how to work more effectively with third party producers. The book breaks down each phase of the commissioning process from writing an effective brief and defining your audience to producing a cohesive content strategy.
- Marketers who want more detail on how and why one of the most potent tools in their armoury is just that. This book will help you to use it more effectively, improving returns from your campaigns.
- Recruitment/HR/Employer Brand professionals who want to understand how to use video to attract, recruit and motivate staff.
- Video producers/production companies/filmmakers working in business video who understand the process but might like a little more context.
What is it about?
The last ten years have seen a revolution in the way that video is used. Broadband Internet, DSLRs, camera phones, virals, YouTube, YouTubers, 3G, 4G, drones, consumer editing programmes, virtual reality, 360, augmented reality, interactive, all these things and more have completely changed video from the unidirectional tool for the privileged and put it in the hands of the masses. The most powerful communications tool yet invented can be used effectively. This has drastic implications for all of us, but it significantly changes the communications landscape for business. The pace of change has been such that to work in the way that many companies do, is to under realise the potential of this awesome platform.
The businesses that have realised the potential are creating huge value. Look at Red Bull. Okay, this may seem like an obvious example to use, but bear with me. They have created a whole brand media infrastructure which generates value for the core brand in a way that is indiscernible from the brand value of their core product. Every time someone sees a young lunatic heading off a jump upside down at 60 mph, they are reminded of Red Bull’s brand promise – that it ‘gives you wings.'
Obviously, if you’re an accountancy firm, or a bank, motorbike backflips aren’t necessarily going to chime with your brand. But if you understand who your target audience area and what makes them tick and then see where that intersects with what you stand for as a brand, you can get a huge amount of value from using video. That could be in direct ways – increasing sales by explaining your products or recruiting better staff – or less direct ways – like improving brand perception which ultimately sells more and allows you to charge more. However it’s used, the potential to build brand value is such, that businesses need to think about their content production as an additional product. This means that businesses need to think like broadcasters. They need to have a specific plan to deliver value for the business through content production. Whether they like it or not, they have a content channel and their audience expect them to use it, because if they don’t their competitors already will be. The New Fire breaks down how to do exactly that.
Why is purpose such a valuable resource for content creators?
Using your business purpose as the cornerstone of your content is the best way to create impactful work. Having an anchor point which all of your creative can be linked back to also ensures that the content that you share through your ‘channel’ is coherent and relevant to your brand.
Business purpose has been such a hot topic over the last few years, underlined by Simon Sinek’s excellent book – Start with Why – “people don’t buy what you do, they buy why you do it”. (Check out his extremely popular TED talk.) There are lots of reasons to have a purpose beyond the simple profit motive. For one, it’s a really effective way of improving engagement among your employees. You should think of your purpose as your company’s ‘North Star’, the idea or principle which can be used to inform every decision that you make. This makes it a powerfully aligning element for any business. It is hugely valuable externally too. Because it is your North Star, all of your content should have your company purpose woven into it. This can happen naturally if you feature members of your staff who are often the manifestation of your values. In other instances, it might be necessary to be more explicit in understanding how a project’s creative concept links back.
Doesn’t mean that all your content should be about your purpose, but it should fit within the same orbit. To look at the Red Bull example earlier, their purpose can be summarised as: we give people the energy and inspiration to fulfil their dreams. For the MotoXer, that might be to try to kill themselves (sorry – do massive backflips) but it can be equally relevant to helping conceptual artists to create their art. This gives them a huge amount of space to create work which reinforces what they stand for as a brand. ‘People don’t buy what you do, they buy why you do it.’
Once you have clarified this you can create content which allows your audience to decide whether your values align with their own. If they do, then you will be on your way to building them into being fans and ultimately raving fans – the people who do your selling for you. I’ve oversimplified there, but creating content of this nature, which is very light touch on the selling side is one of the best ways of building a resilient and ultimately profitable following online.
Errr… why have you written a book about video?
Ha – I wrote a book for two reasons.
Firstly, it’s essential to understand your audience and the way that they consume information. This book is for people who come in contact with video within their business and want to know more. According to Inc magazine, most senior execs read 4-5 books per month. I wanted to communicate them in the format that they would be most comfortable.
Secondly, video is an excellent communications medium, but it’s not perfect for everything. There is a huge amount of information in there and I wanted people to be able to take the book, read it, peruse it and refer to it whenever they need to brush up on something. Want to understand the power of purpose? It’s in there. Need to set a budget? It’s in there? Want to know the difference between psychographic and demographic audience segmentation? It’s in there. Whatever it is, I’ve tried to make the information as accessible and as easy to refer to as possible.
I am looking at producing more video around it, but it turns out that writing a book takes up quite a lot of time!
You can read more about the New Fire and purchase your very own copy here: www.newfirebook.com