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You are here: Home / Archives for All Posts / Marketing / Social Media Marketing

Social Media Marketing

April 22, 2013 By Erik Deckers

24 Quotes to Inspire Any Marketer, Plus One of Mine

Have you ever had your name mentioned in a sentence with someone you admire? Like you’re being compared to them, or included with them? And not, “Is Erik Deckers older than Jason Falls?”

It happens occasionally for me, where someone includes me in a list of people I’ve only read about, and who wouldn’t know me from Adam. Every time it does, I want to say, “Wait, I think you made a mistake.” It’s terribly exciting and a real honor. It’s also something I struggle to accept.

People from Indiana are taught to be humble, and to not brag. (We’re America’s Canada.) We don’t take compliments very well, because we’re supposed to be humble and not appear boastful.

So when someone includes my name or mentions something I’ve done/said in a list of people I’ve looked up to, quoted, and read regularly, part of my brain ducks its head, says “aw, shucks,” and kicks at the ground. And another part squeals like a 12-year-old girl meeting Justin Bieber.

It happened yesterday after someone pointed me to a slide deck of “25 Quotes to Inspire Any Marketer” from ezanga.com. It included quotes from Dan & Chip Heath (Made to Stick), Seth Godin (Purple Cow, Tribes, and Linchpin), John Jantsch (Duct Tape Marketing), David Meerman Scott (Real-Time Marketing & PR), and David freaking Ogilvy.

And me.

25 Quotes to Inspire Any Marketer from eZanga.com

The line is from Branding Yourself, a book that Kyle Lacy and I wrote in 2010, and finished a second edition in 2012. I can’t remember who we learned it from (we cited him in the book), but it was used to illustrate the idea that, just like people have emotional reactions to their most-loved and most-hated brands, people have the same reaction to us.

I thought, “this must be a mistake. Or it’s one of those ‘Daily Paper.li’ pages where 87 different people get included and tweeted.” But then I looked and saw that it was neither of those things. It really was something I said, and it was good enough to be included in a list with the Johnson Brothers, Seth Godin, David Meerman Scott, and David freaking Ogilvy.

People think it’s odd that the personal branding guy has difficulty in accepting compliments or stating simple facts like, “I wrote a book,” especially when he wrote a book that told people “get over yourself.” But I do. I get red in the face when I get complimented. I still don’t like telling people, “I wrote a couple books,” because it seems like bragging. And I still feel like a fake when someone asks me to sign their book.

I have to fight that urge to not say anything about what I’ve done and, you know, actually do the things I tell other people to do.

So, here it goes:

“I had a quote about marketing included in a slide deck and blog post that included a lot of really smart people.”

You have no idea how hard that just was.

Filed Under: Books, Branding Yourself, Marketing, Personal Branding, Social Media, Social Media Marketing Tagged With: Kyle Lacy, marketing, personal branding, Social Media

December 18, 2012 By Erik Deckers

Maybe Social Media Marketing SHOULD Replace Traditional Marketing

Whenever I give a talk on social media marketing, I always point out, “we don’t actually recommend that you replace traditional marketing with social media. Rather, it should be another tool in your marketing toolbox.”

Why? Why can’t social media marketing replace traditional marketing? In a lot of cases, the traditional marketing has outlived its usefulness, and is just a waste of money. Not every time for every marketer. But many marketers are spending money on something that’s not working anymore.Toolbox

I can think of five reasons why you should replace traditional marketing with social media or content marketing.

1. You Aren’t Getting a Positive ROI

You ned to spend money to make money. But you need to make more than you spend, in order to make it worthwhile. You can’t just throw money away on a marketing channel and call it “branding.”

Because unless you’re Nike, you don’t have branding-level money, you have “this had better f—ing work” money. So spend the money in a place where you know you’re going to make more money than you spend.

One client stopped spending $60,000 per year on trade show marketing because they weren’t getting anything out of it.

“We’ve measured it, and we don’t make any money on the shows,” they told me. “We just go because we’ve always gone.”

The company switched that entire budget over to content marketing, and in the first six months, they got two new clients that grossed more than their entire annual trade show budget.

2. You’re Overspending

A common trick of the Yellow Pages companies is to break everything out into a monthly price, so all their features and add-ons seem small. “It’s only $5.99 more per month.” “That’s only $3.99 more per month.” “Oh, and that’s a paltry $6.99 per month.” Before you know it, you’re spending a lot more than you intended.

On top of that, your prices will increase even more the following year. Your vendor will often send you a contract renewal with some barely noticeable rate creep, hoping you’ll sign it without too many questions. Soon, any prices you were paying are greatly increased from when you originally signed it.

Combine that with the fact that you weren’t getting a positive ROI in the first place, and it’s either time to renegotiate or drop the channel completely. Your vendor’s salespeople should be able to show you how to measure your ROI (they can’t do it for you, but they can show you how). If they can’t, cancel.

Social media isn’t free, but it is controllable. If you hire an in-house person to do it, you can control the costs. If you outsource to a third-party, they can show you the ROI and prove their value.

3. Your Audience Isn’t Using Traditional Media

Are you relying on newspapers to reach 20-somethings? Are you advertising your home decor products on ESPN? Or you’re still rocking the Yellow Pages ads even though you’re trying to reach smartphone users.

This is where it pays to do target market research. Find out where your target market is likely to see (and not see) your advertising. If they don’t read newspapers, stop advertising in them. If they don’t watch ESPN, quit buying TV spots.

Next, figure out where they do spend a lot of their time, and how they gather news and information. For many people under the age of 30, that’s on social media. Quit spending money on advertising outlets that aren’t yielding anything, and start focusing on content marketing and social media marketing.

4. You Need to Reach a Target Audience

Who’s your target audience? And don’t say “everyone.” Because unless you’re Target, “everyone” isn’t an audience.

Who are the typical buyers of your product? Men over 40? Moms? Single 20-somethings?

How would you typically reach them? TV advertising comes close, but there are so many viewers who aren’t in your target market that you’re wasting money. TV costs are based on total viewers, not targeted viewers. You’re paying for people who will never buy your product to see your commercial.

Radio? Same problem as TV. Plus, there’s more than one station your target audience listens to, so you have to double or triple up.

Direct mail? You can target your audience, but you don’t know who opened your mail, or what they did with it.

With social media marketing, you can target a specific group. Whether it’s advertising to certain demographics on Facebook, or running a content marketing/local SEO campaign for search engines, you can specifically target only those people interested in your product, and ignore everyone else.

5. You Don’t Have a Big Budget

Like I said, social media isn’t free. But it’s relatively cheap, when compared to traditional marketing. TV and radio ads can cost many thousands of dollars. Billboards on highways often cost $10,000 or more per month. And on and on.

Social media marketing is a fraction of that cost. It can easily reach your target audience, and won’t cost as much to do it.

Think of it this way: It can cost less than $100 per day ($3,000 per month) to advertise on a single cable station, but you’re going to spend $30,000 or more (sometimes much more) to create a high-quality spot. A six month ad run is going to cost you $48,000. Then you need another six-month ad. Or a two month seasonal ad. Or more than one commercial.

(And let’s not even talk about how you’re spending a lot to not reach your target audience, or how difficult it is to track ROI.)

Social media pricing varies, but an outside agency can manage social media anywhere from $1,000 – $5,000. It may seem like a lot, but it beats the $96,000 per year you’re spending to create and run two TV commercials on one cable TV station.

Can we completely replace traditional marketing with social media marketing? Not yet. But every day, traditional marketing’s effectiveness is slipping into obscurity. It’s not dead, but it’s certainly coughing a lot.

For some companies, however, they need to stop spending money on traditional marketing and advertising and make the switch to social media marketing instead. It’s where your customers are spending most of their time, it costs a lot less, and it’s easier to reach your target audience.

Photo credit: jasonwg (Flickr, Creative Commons)

Filed Under: Blogging, Broadcast Media, Content Marketing, Marketing, Print Media, Social Media, Social Media Marketing, Traditional Media Tagged With: content marketing, Facebook, newspapers, social media marketing, Twitter

October 31, 2012 By Erik Deckers

Five True Gems of Blogging Advice

After yesterday’s post, Five Pieces of Blogging Advice I Wish You’d Stop Giving, Rogier Noort challenged me to come up with five “true gems” of blogging advice.

Oooh, now that’s a challenge. The problem is, there’s so much blogging advice out there (the first of which is always “write good content,” which inspired yesterday’s post to begin with), I was hard pressed to come up with five good ones that most people don’t know. But I accepted the challenge, so here we go.

1. Trick Out your Author Bio to Take Advantage of Google’s AuthorRank

I’ve written a lot about Google AuthorRank, and its growing importance. If you want to improve your search ranking, tie your blog’s bio to your Google+ account, and add your blog to the Contributes To of your profile.

Next, go to Google+ and upload a recent photo of you. Not you as a child. Not your child. Not your dog. Not you and your best friend. Not a picture of you at the beach, sunset at your back, from 100 yards away.

Your. Smiling. Face.

Then, whenever a blog post you wrote appears on a Google search, your face and name will appear next to your result, and people are more likely to trust it (i.e. click on it and read it).

2. SEO is Not Dead

The whole point of search engine optimization was to help Google understand what websites were about. If you wrote about Hungarian football, you would use that phrase in your title, a few times in your blog post, in your keyword tags, the meta description. And if you write about it frequently, you may even want a category with that phrase.

If you did this right, Google would assume that your site was an important one for Hungarian football. This made people do it more, because they saw it helped their pages show up higher on Google’s search results pages.

The problem, was people abused this so much, Google greatly lowered the value of the SEO efforts everyone was making. That’s what the Panda algorithm changes were all about. (Penguin was more about devaluing low-value backlinks.)

But that doesn’t mean you should stop doing SEO. It’s still valuable, it just doesn’t add to your SEO juice. Just quit thinking that you need to do it perfectly and efficiently to beat the competition.

Just remember, in order to find you, Google needs to understand what it is you do. If they understand what you do, AND you do all the other stuff right (i.e. have good time on site, low bounce rate, and high click-through rate), then Google will place you higher. But crappy content with great keyword placement will not rank higher.

Remember, you’re writing for two audiences: the reader and Google. The human reader is more important, but Google can make or break you.

3. Start Using Schemas

This is the new SEO. If you want to have a serious impact on your SEO, use schema tags like Address, City, Region (state), and postalCode (ZIP code). The reason is because Google (and Bing and Yahoo; Schemas is a joint venture among the three) is starting to recognize what lines of text mean.

Think of it this way, when I write my name — Erik Deckers — Google doesn’t know what it is. They just see an ‘E,’ an ‘r,’ an ‘i,’, and a ‘k,’ and so on. But, if I put the code around my name, then Google says “Oh, ‘Erik Deckers’ is the name of a real person. Whenever we see someone search for that name, we’re going to show the pages that tells us Erik is a real person.”

That code looks like this:

<span itemprop=”name”>Erik Deckers</span>

The same is true for addresses, especially when it comes to local searches on Google. Right now, if you do a search for our address — 5348 Tacoma Ave., Indianapolis, IN 46220 — all Google sees is a string of letters and numbers, and they’ll look for the identical string on all websites and blogs.

But if I tag it with the schema code, like this:

<div itemprop=”address” itemscope itemtype=”http://schema.org/PostalAddress”>
<span itemprop=”streetAddress”>5348 Tacoma Ave.</span>
<span itemprop=”addressLocality”>Indianapolis</span>
<span itemprop=”addressRegion”>IN</span>
<span itemprop=”postalCode”>46220</span>
</div>

then Google recognizes that as a real address, and they’ll pop it to the top of the search results, and show it on their Map.

If you still want to do SEO, then start using schemas. It’s a laborious process though, because most everything has to be done by hand. There are some plugins for it, but they’re not as effective as the actual hand coding. At the bottom of this post are some schema tags that were created by the SchemaFeed plugin, which unfortunately is no longer available.

Schema tags

4. Don’t Plumb the Depths of Your Knowledge in a Single Blog Post

That is, don’t explore everything you know about a single blog topic in one post. Break it up into little bitty, bite-sized chunks, and explore each tiny facet of the issue in an individual post.

For example, one of my keynote talks, Ten Secrets I Learned In 24 Years of Writing would make a great blog post. And to keep from boring the reader with a massive crush of words, I could write 2 – 4 sentences about each point. But that wouldn’t give me time to fully explain what each secret means, how you can apply it, or why it’s even important.

What would make it better is to break it up and explore each secret further, and more in-depth, spending 400 – 500 words on a single secret — 600 words maximum, and that’s pushing it — finally resulting in ten separate blog posts.

That does two things for you: 1) It gives you something to write about for several days, and 2) it really establishes your credibility as someone who is very smart about that topic. After all, if you know enough to write 20 – 30 blog posts on a single topic in 3 months, you certainly must know a lot about it, right? (Just smile and nod.)

This blog post would have also benefited from a similar treatment. But I was challenged to write five true gems, and I’m über competitive.

So, you can write that overarching post, like this one, as sort of a preview, but then break it up into separate posts, one for each point, to expand on it, broaden your topic base, and make you look like an expert.

5. Use Videos to Increase Time on Site

One of the indicators Google uses to determine whether a blog post or web page is any good is to look at how long people will spend on the page. That’s also known as Time On Site.

We already know — because it’s one of those pieces of remedial blogging advice we hear over and over — that photos and videos will increase the click-through rate on a blog post (which is another signal for the new SEO). But did you ever consider that the proper use of video will increase your time on site?

If you embed a decent video that supports your point — create one yourself, if you can’t find one — people will watch it on your site, not YouTube/Vimeo. And the longer they watch the video, the longer they spend on your site. The longer they spend, the more Google values that page.

You can accomplish the same thing by having a few photos on your site, to give people something to look at for a few more seconds. The longer they spend, the more your Time On Site goes up.

That doesn’t mean you can just load junk videos and crappy photos in the hopes that you’re going to trick people into spending time on your page. Once they realize you have nothing to offer, they’ll never come back, and your misguided attempts at trickery will backfire badly.

 

Those are my five true gems of blogging advice. Thanks to Rogier Noort for challenging me to write them. Does anyone have any of their own blogging gems? Leave them in the comments.

Filed Under: Blog Writing, Blogging, Business Blogging, Content Marketing, Marketing, Social Media, Social Media Marketing, Video Tagged With: advice, blog writing, Google, Social Media, video

May 4, 2012 By Erik Deckers

One More Reminder Why You Shouldn’t Put Your Eggs in Facebook’s Basket

Michael Koploy, an ERP analyst for SoftwareAdvice.com, wrote an interesting article — Adding a Pinterest-Twist to Fix Facebook Commerce — about why companies shouldn’t put a lot of effort into their Facebook pages, like setting up an ecommerce site (or as Koploy calls it, an F-commerce site — ‘F’ for Facebook).Abandoned storefront in Coles County, Illinois

Many experts have weighed-in on why Facebook storefronts are often unsuccessful. A large part of it simply boils down to the fact that Facebook isn’t an e-commerce site. This results in a contextual disconnect.

“Most people don’t go to Facebook wanting to purchase something,” says Josh Davis, social media strategist at ITFO Communications and blogger at LL Social. Davis believes that retailers were initially excited by the advertising potential, but are now realizing shopping-intent isn’t there.

In short, the context for F-commerce is wrong. Forrester analyst Sucharita Mulpuru accurately likened F-commerce to “trying to sell stuff to people while they’re hanging out with their friends at the bar.”

Facebook’s core focus is clearly stated on its login page: “Facebook helps you connect and share with the people in your life.” Facebook is not about shopping. And it’s not about retailers. But Facebook is good for connecting people to each other.

Last week, we discussed why it’s a bad idea for companies to quit blogging to go with Facebook: Facebook owns the channel, you don’t. When they change their rules and their interface, you’re screwed. When you change your blog, you can decide what, where, when, and how.

But companies like Gamestop, J.C. Penny, and Nordstrom all pulled their F-commerce efforts after failing to receive any kind of pay off. And that’s just a year after investors swore up and down that F-commerce was going to put the hurt on online retail giant Amazon.com.

I hate predicting failure of new ventures, and pointing my finger and going “neener neener” at people who tried something and failed (unless they’re complete a-holes; then they deserve it). But I’m not surprised, and am rather pleased, that these companies got smart and cut their F-commerce efforts before they lost their shirts.

The big surprise they would have had — and it’s the same damn surprise that businesses who put a lot of money and effort into Facebook always get — is that one day, Facebook will decide, “we don’t want you to have X on your page any more, so we’re going to ‘improve’ the network.”

They did it with FBML in 2010 (Facebook Markup Language, which companies spent hundreds and thousands of dollars on to design these gorgeous sites). They did it with Groups, after begging organizations, companies, and loose collectives to spend all their time and effort to get people to join. And they did it with the non-Timeline iFrame pages, after people spent hundreds and thousands of dollars to recover from the whole FBML fracas.

Orangutan feet
Orangutan feet. I don't know what orangutans read for inspiration.
Mark my words, it will happen again within the next 12 – 18 months. Someone’s going to spend thousands of dollars, get their page looking all pretty and just the way they want it, and WHAM! Facebook will change it yet again.

Facebook, like Koploy reminded us, is a place to connect. It’s a place where friends gather. We don’t hang out with our friends at the bar to buy stuff. Companies that are doing F-commerce need to pull out before they get the big F-U.

Put your money into improving the SEO of your ecommerce site, doing more social media marketing, and using Facebook for what it’s intended for: posting Instagram pictures of your feet and gag-inducing GIFs of your favorite inspirational sayings typically found inside the doors of high school lockers.

Photo credit: Abandoned storefrontColes County Tales (Flickr, Creative Commons)
Orangutan feet Macinate (Flickr, Creative Commons)

Filed Under: Facebook, Marketing, Social Media, Social Media Marketing Tagged With: Facebook, SEO, social media marketing

May 1, 2012 By Erik Deckers

What Goes Into Writing a Blog Post?

After yesterday’s post on Suggested Freelance Writing Rates — Midwest Edition, I was asked why it costs so much ($75 – $125) to write a blog post.

“It’s 350 – 450 words. How hard can it be?”

Actually, that depends. It depends on what you’re writing. If you’re writing a personal blog entry about the hamburger you enjoyed at lunch with your besties, that’s not hard at all. Takes you 15 minutes tops. But I have yet to meet anyone to hire me to ghost write their personal blog entries.

Writing corporate blog posts is a different matter. The actual wordsmithing — spinning out 350 – 450 words — is pretty straightforward. Yes, you’re paying for the writer’s expertise and skills (remember, this is a trained professional who has dedicated himself or herself to the written word), but there are other factors that go into corporate blogging. Here’s the basic process that most professional bloggers follow:

  • Regular research of the client’s industry. We have to know as much as we can about your industry, reading related blogs, trade journals, and news articles.
  • Interview the client. For Pro Blog Service, I interview our clients about that month’s blog posts, record the interviews, and we write the posts based on that.
  • The writing. This is the act of putting the words into a word processing document.
  • The editing. Any writer will tell you that the editing process is just as crucial as the actual writing. As first draft writers, most of us vary from horrible to passable. There are very, very few people who can write a great first draft. So the editing is just as difficult as putting down the actual words.
  • Publishing to the blog. This includes adding photos, any outbound links, using tools for SEO like WordPress SEO and Schemas. This is the other place people have problems, because they don’t have the time to dink around with finding photos, creating links, etc.
  • Promoting each blog post. You can’t just throw up a blog post and let it sit. You have to promote it to your social networks. And you have to grow those networks. A full-service professional blogger will also include that in their offerings, helping you grow your network so you can reach a bigger and more target audience

Blogging is much, much more than just spinning out the actual words, although that’s certainly the most important part of it. Without the research, the editing, and the promotion, you’re just writing in a diary about whatever randomly pops into your head.

If you’re thinking about blogging, more power to you! Please do. It’s an important part of social media marketing. But just remember that it takes about 1 – 2 hours worth of work to come up with a single blog post. That’s why you either need to hire it done, or allow for that much time in your schedule.

In future posts, I’ll be talking about what makes a good writer, and why, even though we all learned how to write in school, those skills are not enough to make an effective writer.

Filed Under: Blog Writing, Blogging, Business Blogging, Social Media, Social Media Marketing, Writing Tagged With: blog writing, Blogger, ghost blogging, Social Media

March 14, 2012 By Erik Deckers

Calling ‘Bullshit’ On Four Social Media Myths

There are days I just want to shout at somebody for all the misinformation I hear about social media. I hear all these myths and bad information being passed around the business community, because some know-nothing shyster tried to sell a business owner on social media, and cocked it up so badly, the poor guy is going to just stick with the Yellow Pages and door hangers for the next 10 years.

Here are four social media myths that, if I hear someone mention them with a straight face, I’m going to throw something heavy.

1. You can’t measure the ROI of social media.

This has got to be the biggest pile of BS I come across. And to make matters worse, I hear it from so-called professionals in this industry, who apparently have no clue that this is even possible. Olivier Blanchard just recently ranted about a recent South by Southwest panel where the audience was treated to these little nuggets of stupidity:Photo of a very large bull

  • There’s no ROI for measuring ROI – it’s just too difficult.
  • You can’t put love and trust into a chart. Why? Because love and trust defies logical reasoning.
  • Social doesn’t always need to be quantified. Its not a spreadsheet metric only – trust, relationships, advocacy.

If you’re doing social media for your anarcho-syndicalist commune, then sure, you can’t measure trust, love, or that warm squishy feeling you get when you hand someone a fistful of daisies. But if you’re doing social media for a business that gives you money, then you’d damn well better measure it. Your boss is not going to want to hear about trust and love when she asks you to justify why she just spent $30,000 on your social media campaign. How are you going to demonstrate that the $120,000 your company made was a direct result of your efforts? If your job is on the line, you’ll figure it out.

There are plenty of tools for accurately measuring this kind of thing, the least of which is Google Analytics. It’s free, fairly easy to use, and there are big books you can use to learn how to use it. There are also books about measuring social media ROI, with real formulas and techniques and everything. And I can guarantee that not one jot of ink is spent discussing how to measure trust, love, or warm squishy feelings.

Granted, asking about the ROI of social media before you ever start on a campaign is a bad question to ask, but once the campaign is up and rolling, you’d better be measuring how well you’re doing, or you’re going to be out of a job three months after you launched this thing.

Read these blog posts about how, why, and how easy it is to social media ROI:

    You Don’t Get Social Media ROI Yet? C’mon, Man!
    50 Things That You’re Not Measuring for ROI, But Should
    Fast Company Doesn’t Know You Can Calculate Social Media ROI
    Measuring Social Media vs. Traditional Media

2. Social media can replace everything

Social media is just another tool in the marketer’s toolbox. It’s not a tool that can replace everything marketers have been using for the last 100 years. As much as the hipsters like to say newspapers are dead, TV is dead, radio is dead, and any other medium that’s more than five years old is dead, those things are still viable strategies.

As long as there are people who don’t have computers or smartphones, we’ll need TV and radio advertising. As long as there are people who don’t use computers and tablets, we’ll need newspapers and magazines. There are two very large groups of people who don’t use computers, smartphones, and tablets: the poor and the elderly.

In fact, because of these two very large populations, we will still need books and libraries, print publications, the Yellow Pages, broadcast television, and FM and AM radio. Not everyone has a satellite dish, a smartphone, satellite radio, and a laptop with broadband. We need to quit making the assumption that everyone in this country does.

As long as these media channels exist, there will be a need for that type of marketing. Until then, social media is completely ineffective for those two very large populations.

3. More impressions = good, fewer impressions = bad

Marketers who still believe their TV commercials are being seen by hundreds of thousands of people hate social media. They look at the social media stats and freak out when they see that only a few thousand people came to their sites and bought anything.

What they don’t realize is that they’re really seeing the actual size of their audience. They’re getting a real glimpse of what their true customer base looks like, and not the hyperinflated numbers from advertising salespeople.

Want to do a test? Launch a TV commercial, and set up a special URL specifically for that commercial. If you sell hammers for ABC Hammers, get the domain ABCHammersonTV.com, run it only on your commercial, and see how many people actually come to it. Use your commercials to drive web traffic, and then count the results. Those are the people who were inspired enough by your commercial to gather more information. Did it cause them to buy a hammer? We don’t know. But we can measure (there’s that word again) how many people that commercial drove to the website.

Want to quantify it some more? Let them download a 10% off coupon, redeemable within the next 21 days. Then count how many people redeemed the coupon. It’s not a completely accurate measurement, but you do know how effective your commercial was in driving traffic, how effective your website was in driving coupon downloads, and how effective the coupon was in driving sales.

No, it’s not the couple million viewers you were told would see your commercial on Monday Night Football, but it’s a better picture of who liked the commercial enough to take action. There’s still no mechanism to show you how many of those commercial viewers were in the bathroom. And there’s no way of knowing whether people went to the store and bought your hammer because of that commercial.

So if you keep thinking more impressions means success and few impressions means failure, you’re going to be in for a big shock.

4. The ‘I’ in ROI stands for influence, integration, intent/should be Return On Engagement

This is the hippie tree-hugging bullshit that Jason Falls and I wrote No Bullshit Social Media against. Social media is notYes, you want people to like you. Yes, you want people to trust you. Yes, you want people to be your raving fans.

But do you know what you really want from them?

Money! Being liked and being trusted are all fine and good, but it doesn’t mean a thing if they’re not buying from you. I’ve had plenty of potential customers who trusted me, but until I had a check in my hand, they did not contribute to my bottom line.

 
Social media marketing is all about marketing. It’s a business tool. And to be a business tool, it has to make money. And to show your boss that it’s making money, you have to measure it. You may even have to show that it’s as good as, or better than, the traditional marketing tools you’re competing with. (Of course, you should be measuring the performance of all your traditional marketing tools too. You’re doing that, aren’t you?)

Until people quit spouting all this nonsensical crap about what social media can and can’t do, it’s going to be slow going for businesses to adopt it. Hopefully the “professionals” who keep spreading misinformation like these four myths will eventually stop doing what they’re doing and go back to bartending, and let the real professionals clean up the mess they’ve left.

Photo credit: Oli R (Flickr)

Filed Under: Blogging, Business Blogging, Marketing, No Bullshit Social Media, Social Media, Social Media Analytics, Social Media Marketing, Traditional Media Tagged With: blog writing, ROI, social media marketing

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