The Marketing Mojo

What is Social Media Marketing?

1

Recently I was blasted by someone for not having more Twitter followers. It certainly gave me pause. For sure, from a personal branding stand point “followers” and “views” can be a barometer of success in the social space. I would argue, however, there are other valid approaches. Below is in part the rebuttal I sent, but this is something I will certainly start to pickup in greater detail….

*****************

… My perspective on social media, which is rooted in the idea’s of 1:1 and true customer centric engagement, is that it opens new avenues to deepen and broaden your customer relationships. I like to use this visual to make a point:

(actually, I usually use a slightly different one, but at any rate…)

I’d rather be engaged with the right 300 customers than 30,000 of the wrong ones. This is the focus of my forthcoming webinar. To present a framework for how you can systematically use social media as part of your greater demand generation program to weed through the chaff so you can target and pull through the right prospects.

A big component of this is transparency and traceability. I spend a lot of time covering how you can track asset performance and combine it with other channel data, particularly financial, to identify what’s working and what’s truly moving the needle. Friend Mark Wright (president of TargetBase) I think said it best, “a click is just a click if you can’t relate it to revenue.” Too much effort in the social media space I’m afraid falls in this category.