One of the keynote presentations at BlogWorld this year was a debate over sponsored conversations. I was warned ahead of time that it could get a little heated.
Essentially, the debate was over the ethics of it. As the reach and influence of bloggers increases, companies find themselves wanting to reach those audiences. The way to do that and have control over it is to engage in sponsored conversation. In short, things like paid blog posts, sponsored tweets, etc.
Izea, based in Orlando, is the poster child for sponsored conversation. The CEO, Ted Murphy, was on the panel along with a few others. Now, Ted has found himself under attack more than once over the nature of his business. Some people vehemently disagree with the very idea of receiving money for coverage.
The debate fired up again with the recent announcement from the FTC regarding disclosure requirements. In short, if you get stuff for coverage, you must disclose it to your readers.
Why Debate It?
For me, the panel proved a little boring for one simple reason: It didn’t matter. Not one bit.