Challenges in Social Media
Soooo many new/newer ’social media’ webs are missing a simple key – a passionate purpose. If you start a social web presence and your intent is simply to make money (either from product sales or perhaps with a goal to sell your new, hot domain) then I predict that you may not find satisfaction (or a buyer for your product.)
With what seems like every television station, celebrity and business announcing that they have joined the large social media sites I suggest that folks stop for a minute. The social web rant is to “continue the conversation.” I think that good businesses have been doing just that for ages – connecting with customers with both traditional and newer mediums as they evolve (companies with products and services that are multi-generational.)
The commercial draw for the larger social media sites is targeted advertising; these sites require users to provide significant amounts of personal preferential information – this information is used to provide advertisers with a highly targeted audience. While I am sure that some users provide less than accurate information I am equally sure that the majority of users naively provide significant amounts of real information. News flash – this is NOT new; what is new is that the previous methods for gathering this type of information have almost been replaced with Internet solutions – which bring even more data to the data collectors/resellers at a reduced cost as well as at the speed of the Net (.i.e. ‘now’, as quickly as possible given the technologies used and data mining strategies employed.)
I recently came across a post by Oliver Reichenstein [there is always some level of comfort when you find agreement with (at least) some of your thinking (i.e. previous posts about email, the price of free, branding)] titled, “Social Media Marketing. Kaboom, Baby.” Oliver’s position is that social media marketers are spammers (their message is not providing value); their web material/postings are simply a means to bring attention to their product/service or the product/service of their client(s). [Note that the post contains a link to a video with a re-mixed/replaced sound content that is somewhat banal/mindless/crude - I only watched about 10 seconds of it...]
So where should the value be for companies trying to use social media web sites? This has not changed for most companies – the message for customers/clients should still be something like:
- we care about you and our products/services (we are passionate about them) and
- tells us how can we further assist you with our product/service or
- provide other useful feedback that will help us to improve our products & services.
So what about the larger, public social media sites – should companies be there as well?
- How diluted do you want your message to be?
- How well can you manage multiple on-line presences?
- (How) Can your company benefit from the large social media sites?
- Is the company comfortable being another ‘me too’ brand?
- Will you be ready to migrate (mushroom your coverage) to the next, great Internet marketing medium?
- As a potential client/customer, how likely am I to visit a mega-social-web site to research your products and services? (Who is your market?)
- Instead of joining yet-another social media web site what can you do to your corporate web to bring users to you for the continuing the conversation experience?
- Have you done an analysis of your customer base? What are the demographics of your client base? Is a social web approach appropriate? What are the long term tendencies of your client base?
- Is group think part (or even appropriate for your brand?) of your marketing approach?
While the social media/web trend seems to be a youthful phenomenon it is actually, simply a modern solution (with an almost instantaneous, global reach) to the age old tendency of humans to gather with like-minded folks with their purposes being simply to share; share information, share fun/joy/experiences, share opinions, share solutions – share passions. Much of what is located via the larger social webs is useless though perhaps entertaining information – again, no news here for most of us and there is absolutely nothing wrong with this level of information, except, perhaps being associated with it – is there a tangible, positive return from such a presence/association? The real informational gems on the Internet tend to be smaller, highly focused sites – are you connected to them? are you one of them?
The basic premise behind the social web is continuing the conversation – sites that provide true exchange of ideas, collaboration, or just plain fun will continue to succeed. Companies that continue the conversation with their clients/customers (IMO – better to have your own, branded feedback/conversation channel than jumping into the mega-social-web sites) should also prosper.
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I just read the current (print) issue of Information Week which includes a reasonable overview of the status of Social Media Webs (as well as a second piece on Twitter/Yammer) and how companies are using/responding to them. I think that the article contains some sound advice (Get in ‘the game’.) I still prefer transportable media so I don’t normally follow the web site (but I am getting RSS updates); also, reading the hard copy does not bombard me with ads and ‘tracking’.
For those of you not familiar with Information Week – it’s more a management, IT best practice/trends overview resource than a nut-n-bolts tech-rag; some excellent articles covering both the US and international arenas – I usually scan/read in one sitting.
So here’s some social web feedback to IW:
- if it’s in print it should be online and easily found (I used the IW search box and could not locate the article in the issue dated 6/1/09, “Reputations at Risk”, by John Soat (nice article John.))
- how about a ‘current issue’ button on the menu bar?
- Yes, I did note that the article specifically lists internetevolution.com (An interesting site sponsored by IBM) as the place to ‘check it out’ [IMO – I should be able to *easily* locate any printed media articles found in IW via the IW web site (even if you just bounce over to somewhere else.)
- the easiest way to find the article was a search on Google (what does say for the IW web site?)
So, if you are still curious, the article can be read here.