13
Jan/10
7

Does Social Media Marketing Work?

In my blog post last week I wrote about questions. I’d like to continue that theme, but from a slightly different angle.

In the last year or so, I have seen a similar question come up again and again in the Question and Answer forum on LinkedIn: Do social media venues such as LinkedIn / Twitter/ Facebook, etc. work as vehicles for generating business.

The majority of the answers provided in the forum, like those in most debates, fell onto one side or the other – yes it does, or no it doesn’t. With respect to this specific question, I had a revelation while watching a Disney movie with my kids over the holidays. The revelation was that the factor that makes social media work or not for a business is the same thing that makes the Disney machine work: Great content.

The idea came to me since we had just come back from a Disney on Ice show that introduced the kids to Ariel of The Little Mermaid (and to Disney Popcorn – profit center number 2 for Disney). We went home and later rented the movie (number 3). In the middle of the movie the kids asked when we could go back to Disneyland (number 4).

Disney is a great example of an effective integrated marketing company. Exposure to one kind of product leads naturally to interest in another.

Social media is best thought of the same way. It is infrastructure. Asking if Social Media works is like asking if plumbing works to deliver fresh water. This is really two questions. The first question is “does the plumbing work”. The second question is “will the water that comes through the plumbing be fresh”. Very simply put, the water will be fresh if it is fresh, the pipes are clean, and the pipes do their job and deliver it.

If you have content that resonates with your audience, and you can connect to that audience through the infrastructure of social media, then social media may help you reach your business goals. If you content is not interesting to the audience, then no infrastructure – social media or otherwise – will help.

As sales and marketing professionals, it behooves us to stop evaluating the potential effectiveness of tools and communication vehicles with binary questions based on someone else’s opinions. If we know our business, and know our audience, then we can use the tools that present themselves to us to reach them. From there, we need to connect via great content. If we fail to do so, then social media will work to help your prospects leave your content just as fast as they came.

So does Social Media work? Sure it does. Will it work for you? Depends what you put into the pipes, who you ask to turn them on and how you do it.

Author: David Masover

David Masover has over twenty years of business-to-business sales experience, including more than eight years in sales management, training, and consulting. He has consulted and negotiated in the United States, Europe, and Asia. Masover is co-founder of Branders.com, the world's largest online seller of promotional products, and is currently engaged in private sales consulting in Budapest, Hungary.
Comments (5) Trackbacks (2)
  1. Fito Benitez
    2:58 pm on January 13th, 2010

    Thanks for a great article!

    Although I mostly agree that content is king, I would like to shift the importance to the people behind that king content, and the new content that comes out of the people you reach through social media. The ability to make the content float around and be shared and modified by many, is what makes this whole party different.

  2. David Masover
    8:56 pm on January 13th, 2010

    Fito,

    Thanks for the comment – a great example of your point as well – an enhancement to my post thanks to the collaborative nature and wide reach of the medium.

    -David

  3. Steve Masover
    11:28 pm on January 14th, 2010

    Here’s an interesting article that discusses obstacles to success of social media strategy in large organizations: http://mashable.com/2010/01/14/social-media-strategy-needs

  4. Joe Von Gerichten
    9:45 pm on February 8th, 2010

    Great article! I believe social media marketing is such a new practice and technology that most people don’t quite understand how to harness its power. The fact is most enterprise companies are slowly but surely starting to restructure their marketing budgets in favor of social media. Examples, Pepsi just decided not to advertise during the Super Bowl (1st time in over 20 years) because they are focusing their efforts on social media; BestBuy developing Twelpforce to deliver a higher quality of customer service; FORD (thanks to Scott Monty) using social media for new product releases and more. The fact is every business from small to enterprise can benefit from some form of social media. More importantly traditional practices are just not as cost-effective and in general lack overall efficiency in comparison to social media. Once the fear of the unknown subsides social media will prevail as the primary marketing platform for all business.

    Thanks again for the great article!

  5. David Masover
    9:59 pm on February 8th, 2010

    Joe,

    Thanks for your comment, I’m glad you enjoyed the post. Like one of the other Disney Princesses said, “it’s a whole new world”!

    -David

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