Wednesday, January 6, 2010

Social Marketing Coming of Age

Social marketing is real, it is effective, and it is here to stay. That's what I tell all of my clients today. Not news to you? Well, the reality is that companies have only just begun to leverage social media networks with any skill at all. Though it seems like we've been hearing about this new fangled thing for a long time, it remains a shiny new and generally misunderstood area of marketing.

In large measure, that's because the people executing social marketing strategies are not very good marketers. They are born-again tech people jumping onto what they rightly perceive to be a profitable bandwagon. But as I've mentioned before in earlier posts, social media "specialists" tend to be intentionally vague about the activities in which they'll engage, hoping to maintain pricing premiums by making the field an art - more magic than science. But as business people are finding, it's not so awfully difficult after all.

So on a practical level, what should you, a business owner, do? First, recognize that social marketing is simply a new set of tools that allow you to reach out to prospects in new ways. You can use these tools to help prospects and customers advocate on your behalf. You can reinforce your brand, you can develop out of this world testimonials, you can empower customers in ways never before possible.

Second, set up a Facebook page for your company and invite customers to join your group. Buy any one of the zillion books on leveraging Facebook, like Facebook for Dummies. Quick read and full of useful little tips for getting started.

Third, set up a Twitter account, and begin "tweeting" regularly. Be brief, be value-focused, and have fun.

Fourth, listen. See what people are saying not just about your company, but your competitors, your industry, and about completely unrelated businesses - that'll give you the chance to learn about what other companies are doing to good or bad effect.

Finally, iterate. Make participation a regular event, much like getting brochures updated and printed every quarter, you can now update your messaging once, twice, three times a week. You can address "big topics" in your business as they arise, not months later. Unlike static literature, the elements of social media are dynamic, timely, and oftentimes unexpected.

Don't let any snake oil salesmen make you think that there is any magic involved with social media marketing. Think instead that these are like sales conversations you can have with lots of customers simultaneously. You're still doing the same key thing here as you've been, hopefully, doing all along: engaging with your customers is meaningful ways to drive behavior and to gather critical information. No magic, just a new set of tools for making it happen.

Start today. Doesn't have to be anything too complicated. Just get the ball rolling and momentum will build.

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