The cost of many forms of social media marketing is so low that the gating factor for me as an entrepreneur has now become my time instead of my budget.

I manage some blogs, Twitter accounts, Facebook pages/groups/events, a LinkedIn profile and groups, YouTube & Flickr accounts,  etc. (see the Blogroll/Links section on the right nav of this blog’s home page).  The aggregate sum of time that this takes is significant and is not “new” time.  It basically takes time away from my wife and kids, which is not ideal.

I know most of these channels have metrics attached, but there is no way of knowing at the time of creation/maintenance what the “results” of the effort will be eventually.

So I thought of a new twist on a famous quote:

“I know that half of my social media marketing time is wasted, but I’m not sure which half.”

When an enterprise Internet strategist is evaluating a set of vendors in a specific software solution category, how much of a factor is the vendor’s senior management?

Part of that depends on the size of the vendor company in question.  For small to mid-size vendors, the senior management team can have a big impact.  When I was evaluating mid-tier Content Management Systems as Director of Internet Strategy at Oregon Health & Science University, a large academic health center, the President of the winning vendor was a really smart guy with strong technical chops who could communicate the vision for his product’s architecture and road map in a way that was compelling.

But what about for larger vendors?  In my experience, and in listening to Internet management at several large companies over the past several years via the Internet Strategy Forum, I don’t think senior management is as much of a factor as other important criteria.

However, I recently ran across what I think will be an exception to that general rule.  My sense is that the recruitment of Daniel Stickel out of Google to be the new CEO of WebTrends will have a major positive impact on how enterprise Internet managers view WebTrends, both for existing customers and for new prospects.

It is well documented that WebTrends experienced a lot of executive turnover in 2007 and an interim CEO came in.   While the interim CEO, Bruce Coleman, had an interesting and successful background, it didn’t have anything to do with the web analytics industry and he has almost always been a short-timer (15 companies in the last 18 years).

If you were an enterprise Web manager evaluating Web analytics vendors, all of this had to make you think twice about putting WebTrends on the short list.  If you were already a WebTrends customer, you may have been a bit nervous.

Enter Dan Stickel in early April as the new CEO of WebTrends.  My first thought was “Wow, they recruited this guy away from Google and away from Silicon Valley–there must really be something compelling here.”  It had to go beyond just a great compensation package, etc.  You have to really believe in something to make that kind of change.

Then I read more about Daniel’s background, experience and responsibilities at Google and I realized that he really had the chops where it was important, at least as far as an enterprise customer goes.

All other things being equal with regard to specific business needs for any given enterprise, my hunch is that this new senior management addition for WebTrends will have a big impact when it comes time for enterprise Web executives to evaluate Web analytics vendors.

NOTE: I thought it would be really interesting to hear what Daniel has to say about his change, so I invited him to be a special guest presenter at the 5th annual Internet Strategy Forum Summit on July 17-18 and he accepted.

I have created various options for following and interacting with the Internet Presence Ecosystem discussion:

> RSS feed

> Facebook Page (become a Fan to follow)

> Facebook Group

> LinkedIn Group

> Twitter @IPEcosystem

Whenever I come across a blog that I haven’t visited before, I always start by looking for some background information on the author(s).  I want to see what depth of experience and knowledge they have to base their opinions and insights on.

So for my first post I wanted to address that issue right up front…

Since 1991 I have been consistenly using a personal information manager called Maximizer to help organize and track my professional life. It is my secret sauce.

If you feed it, Maximizer creates a relational database of your professional life (companies and contacts within those companies, meetings, tasks, emails, etc.). One of the features is a Notes subsystem that ties notes to specific companies, individuals and activities. I use Notes primarily to capture phone call and meeting highlights. The vast majority of work-related phone conversations I have had over the past 17 years have a note associated with them.

Sometime around the beginning of 2008 I noticed that I have created over 100,000 Notes in Maximizer. Then I looked at the total contacts: over 10,000. That represents nearly everyone I have talked to at least once since 1991. Starting in 1997 I began using Maximizer as my electronic calendar as well. I now have over 7,800 appointments logged.

When I stopped to think about it, I realized this represents a significant body of work, relationships and experience during my careers in Information Technology, eMarketing/eBusiness and association management/event production.

So, if you are like me when you first read a blog and you wonder just what sort of experience and knowledge does the author have as the basis for his or her opinions and insight, you’ll know that for me it’s 15 years, 7,800 meetings, 10,000 contacts and 100,000 notes worth of work in the Internet presence ecosystem.

Here’s a screen shot from the Maximizer backup routine that shows the current numbers: