An example of social media's power to reach and engage people -- on their terms, not yours.
The economy still weighs heavily on everyone's mind, and we're seeing drastic changes in traffic patterns. Hopefully, with changes in the U.S. political climate, things will turn around a bit.
Over the last few weeks, I've also been watching many self-proclaimed marketing gurus speak of social media's role in filling in the gap during the economic downturn. While social media should be a part of any forward-thinking and transparent company, I would urge caution if you believe that you can monetize it easily or quickly. It's also not a magic pill for traffic building.
The biggest problem I have with the term "social media" is that it isn't media in the traditional sense. Twitter, Facebook, LinkedIn, and all the others I don't have the word count to mention aren't media; they are platforms for interaction and networking. All the traditional media -- print, broadcast, search, and so on -- provide platforms for delivery of ads near and around relevant content. Social media are platforms for interaction and relationships, not content and ads.
To be truly effective using these interaction platforms, you must understand why we use them.
We raised $282. Not too bad. But more important, we learned more about what moves people to take action. We learned that people loved to play but are less willing to pay.
As of this writing, Twitturly shows there were 150 tweets with an estimated reach of more that 165,000. This only measures the number of people who sent the link around, though there were many others playing. Clearly it was a successful game, but the metrics didn't translate into the big money I had hoped for charity.
While this is an anecdotal example, it demonstrates social media's power to reach and engage people -- on their terms, not yours. People are attracted to people. People used the game mostly to connect with other people.
Social media isn't an advertising and branding platform; it's a hyper-interactive relationship-builder. Social media isn't a magic pill for traffic woes; it's used to deepen longer-term relations.
When you engage in social media, you enter into an unspoken social contract. You are in a relationship; it goes both ways. There are boundaries. Respect and trust must be earned.
Tips for Using Social Media
Here are a few ways to view and use social media:
Join us for a Consumers and the Influence of Blogs: What It Means for Your Marketing Mix on November 20 at 2 pm EST. Find out how online consumers discover blogs and navigate between them, what kind of opportunity blogs represent for advertisers, and much more!
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Bryan Eisenberg is co-founder and chief marketing officer (CMO) of IdealSpot. He is co-author of the Wall Street Journal, Amazon, BusinessWeek, and New York Times best-selling books Call to Action, Waiting For Your Cat to Bark?, and Always Be Testing, and Buyer Legends. Bryan is a keynote speaker and has keynoted conferences globally such as Gultaggen, Shop.org, Direct Marketing Association, MarketingSherpa, Econsultancy, Webcom, the Canadian Marketing Association, and others for the past 10 years. Bryan was named a winner of the Marketing Edge's Rising Stars Awards, recognized by eConsultancy members as one of the top 10 User Experience Gurus, selected as one of the inaugural iMedia Top 25 Marketers, and has been recognized as most influential in PPC, Social Selling, OmniChannel Retail. Bryan serves as an advisory board member of several venture capital backed companies such as Sightly, UserTesting, Monetate, ChatID, Nomi, and BazaarVoice. He works with his co-author and brother Jeffrey Eisenberg. You can find them at BryanEisenberg.com.
Hong Kong, May 5-6, 2015
Gartner Magic Quadrant for Digital Commerce
This Magic Quadrant examines leading digital commerce platforms that enable organizations to build digital commerce sites. These commerce platforms facilitate purchasing transactions over the Web, and support the creation and continuing development of an online relationship with a consumer.
Paid Search in the Mobile Era
Google reports that paid search ads are currently driving 40+ million calls per month. Cost per click is increasing, paid search budgets are growing, and mobile continues to dominate. It's time to revamp old search strategies, reimagine stale best practices, and add new layers data to your analytics.
May 6, 2015
12:00pm ET/9:00am PT