You know you have it made when you can get Indra Nooyi, the Chair and CEO of Pepsi–boss of 300 thousand people in 200 countries toting up 60 billion dollars in revenue–and ranked the #1 most powerful woman executive in the country by Fortune— to pay attention to you.
That’s what I thought when I attended BlogHer11 in San Diego earlier this month. I was there participating in the closing plenary on the future of women in media. My companions on the stage were talk show host and documentarian Ricki Lake, and Fatemeh Fakhraie editor-in-chief of the online media site Muslimawatch. Part of the future, it would seem, is here.
BlogHer.com, for those who may not yet know, is the online hub for 2500 women bloggers, who reach an estimated 25-26 (after a certain point, no need to be all that precise) million women readers per month–and, it became clear at the conference, corporate America has realized they are shoppers, too.
I can’t tell you how long and how insistently those of us toiling in the women’s space have been pointing to the fact that women buy almost everything. Until now, the yelling warranted a condescending pat on the head.
Indra Nooyi has changed all that: her recognition, by sponsoring the conference in a big-time way, meeting privately with a select group of influential bloggers, and then sitting down for an in-depth keynote conversation with Willow Bay of HuffPo–signaled a shift. I don’t know if this is the proverbial tipping point–but it’s certainly a shift: PepsiCo wasn’t the only big name throwing swag at the attendees–100 other sponsors were there, too, including P&G, Ford and Google.
And so were something like 3600 women bloggers, who had flown in from far-flung places, even other countries, to participate in three days of sharing, pumping up skills, and writing…did they ever write! It was healthily diverse, babies were swaddled and seemed to be absorbing the presentations–in other words, a safe place for women who blog.
BlogHer was founded in 2005 by Lisa Stone, Elise Camahort Page and Jory Des Jardins in answer to the question “Where are the women bloggers?” They found a few and now have a staff of 50 people in NYC and Silicon Valley–and have financial backing from Venrock, NBC’s Peacock Equity Fund, and Azure Capital.
With its strength in aggregating, it would seem to have found a similar economic model to the Huffington Post…except BlogHer does have a sharing model as well, based on individual bloggers’ traffic.
Nooyi was compelling in her talk, insisting that:
” …blogging democratizes the power of women to make peaceful, positive change happen.”
As for PepsiCo’s formal stance on BlogHer: women are the key demographic, and BlogHer is an integral part of our strategy to have digital both drive our business and advance our corporate reputation,”
All you women out there banging away at your keyboards: take note.