Wednesday, July 21, 2010

The Buzz is Social Media

twitter-32x32 facebook-32x32 stumbleupon-32x32 Every business owner on the globe has been told social media is the answer to his marketing needs.  If you're not on Twitter, Facebook, LinkedIn, etc the buzz says you and your business are dinosaurs.   But buzz is a funny thing.  It’s a lot like the Platte River a mile wide and an inch deep.  When you try to dig deep you find a muddy bottom rather than clarity or direction. 

Would you invest in a stock you know nothing about?  Would you give the guy around the corner hours of your business week because a stranger said he was a good guy?  The probable answer to both questions is no though the stock and or the nameless guy could prove to be valuable assets.

Buzz is also similar to stereotypes.  Though overplayed and under-thought there is usually a core kernel of truth.  So bottom line can social media become a tool in your marketing arsenal?  YES!  Is it the silver bullet?  NO!  It will not benefit your business or your customers if it is used passively.  It requires tending, like your garden.  There are also things social media are not.

Social media is not a replacement for a marketing strategy.  It is not a stand-alone substitute for a holistic consistent marketing plan.  An effective program should include social media elements, but the launch of a Facebook page or a Twitter account is not enough on their own.

You will not achieve instant success by setting up social media accounts.  If you set up a Twitter account and send a few tweets it is unrealistic to expect an immediate herd of followers. Social media is a marathon, not a sprint; it takes time, consistency and patience to cultivate a presence and following. Be patient with social media and work at it diligently.

You believe that your business, product or service has something special to offer your customer base.  You may be certain your offerings are far superior to your competitors.  It is your job to convince others that your beliefs are true.  Again, social media is a tool that can help communicate that message but not without that dreaded diligence mentioned above.

Social media is not a lifeline.  If your business is in trouble the implementation of a social media campaign will not make a valiant rescue.

Social media is not a monologue directed at potential customers.  It is a dialogue and you might not like some of the responses.   Honesty is key with social media. Your reputation can be tarnished in hours if you fail to be transparent. The good news is that in a dialogue you have a rebuttal stream but keep it professional not personal.

When your business is actively involved with social media, each employee becomes a potential ambassador.  It’s up to you to train everyone on your staff to promote your brand.     

Social media isn’t a miracle, a cure all, a silver bullet or the single pill that will allow you to lose twenty pounds without diet or exercise.  Is it worth the effort?  YES!  But like diets it’s the work that makes you succeed not the buzz about the latest fad.

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