Does this conversation sound vaguely familiar?
Consultant: Your business should have a social marketing strategy.
Brand XYZ: Why?
Consultant: Because social technology will help you generate buzz, get people talking about our brand and in general help people know who you are.
Brand XYZ: Ok, but why is any of that important?
Consultant: Because you want to engage your customers and begin building relationships with them.
Brand XYZ: And why exactly do I want to build relationships with my customers?
Have you been on one or the other of this conversation?
Most communication vehicles had their turn as the shiny new marketing toy, billboards lined the horizon as cars began to venture cross country, radios gave voices to a generation and televisions brought products into homes like never imagined. By now, most businesses "get" they need some sort of social technology plan, if for no other reason than everyone else is doing it. However, remember what Mom used to say, "If your friends jumped off a bridge, would you jump to?"
Keeping the age old adage in mind, there should be solid business reasons for getting into the social space. Just as a business gives serious thought to choosing location, messaging and product delivery, so to should serious deliberation be given to social technology. It will take up resources, time, money, man power, etc. that could be used for other revenue generating activities. Is it going to be worth the effort?
To ensure your social technology efforts are yielding the expected results, you must first know what results you want from social technology. Right? Right. Begin by answering these basic questions: how is social media going to help your business and what are your objectives for your social media?*
Consider these sample objectives as you begin outlining your social marketing plan:
- Bring fresh ideas into the organization
- Create word of mouth
- Increase customer loyalty
- Increase product and brand awareness
- Enhance public relations efforts
- Lower customer acquisition costs
- Lower customer support costs
- Lower market research costs
- Lower product development costs
Nugget of knowledge: Your business objectives should be SMART - Specific, Measurable, Achievable, Realistic and Time-based.
*Social technology may not be the right communication or marketing vehicle for your business, and that is okay.
