Despite the blog boom, most companies aren't catching on
I’ve seen the effect of blogs. I know I’m witnessing a communication breakthrough. This is the next big thing. I get it.
So then why do only 54 of the Fortune 500 companies have business blogs?
The source of the above statistic defines a business blog as one created “by company employees about the company and/or its products.”
Sounds like a good idea to me. As business journalist Stephan Baker assessed over two years ago, corporate blogs are a great alternative to other internal and external communication strategies- “a snap to set up, and cheap to run.”
Maybe this embarrassing statistic is a product of the Baby Boomer v. Generation Y battle taking place in companies across the nation- something I’ll get to in a bit.

But, first, let’s look at one Fortune 500 company that’s headed in the right direction- Nordstrom.
Nordstrom is the only fashion retailer I was able to find using a blog. Making its debut just this past December, the blog hasn’t really cultivated a loyal following, yet, from what I can tell. I had to dig around on the Web site for a good five minutes before I even found the thing.
But it makes sense. The blog gives online customers the same renowned advice and service that in-store shoppers have come to covert for over a century.
Four in-the-know contributors dish out the latest information on new designer lines, trends, etc. It’s an excellent marketing ploy that leaves customers, like myself, feeling enlightened rather than coerced.
Here's what I envision for online retail blogging:
- customers directly communicating with fashion directors and stylists
- posts from featured designers about their new lines
- feedback from customers about what's working and what's not
- information about upcoming promotions and sales available only on the blog
I think anything that draws customers to the Web site and makes them want to stay longer must be worth a try, right? It certainly couldn’t hurt. Which brings me back to my thoughts on why only 10.8% of Fortune 500 are jumping on the blogosphere bandwagon.
I looked into the differences in the two generations going head-to-head in corporate America:
Baby Boomers (aged roughly between 44 and 62) are the ones running these companies. They are the ones making the big decisions and having the final say on new implementations. They are creatures of habit, preferring once-a-year feedback sessions and traditional methods of communicating.
Generation Y, or Millennials,(aged around 10 to 30) includes the tech-savvy college grads flooding the workforce, eager to have their voices heard but more times than not silenced due to inexperience. They are the ones demanding constant, streaming feedback on their performance. They’re eager to employ new technology in their workplace and everyday life.
What’s the remedy for this? It’s hard to change the mindset of an entire generation, to reprogram them to think in the same pro-technology ways as their younger counterparts. Must we just sit back and wait until the Baby Boomers retire, opening the door for Gen Y to take control?
With time, companies (in particular, their aging leaders) will no longer be able to ignore the influence of blogs, especially if retailers like Nordstrom start to report increased earnings.
Online shopping, once a new technology that many thought would never catch on, is in need of an update. With retailers scrambling to cope with a wavering economy, blogs quite possibly could be the cost-effective way to draw customers back.
Bravo, Nordstrom.




