
“When the wind of change starts blowing, some people build walls. Others build windmills.”
~Chinese Proverb
It’s been said that Social Media is the biggest shift since the Industrial Revolution. CEOs, Business Owners, Professional Individuals: It’s important for every decision-maker in the corporate world to understand Social Media Marketing. If your company is not already doing it, you should consider being the advocate for establishing and advancing it. I hope this article will help you see the immense opportunities.
Listen: Bill Gates is on Twitter. So are our President, Oprah Winfrey, and the Dalai Lama… Facebook has more than 500 Million active users, and people spend a total of 8.3 billion hours a month on the site. How is that for a place to meet your clients? There was a gas explosion a few weeks ago in the San Francisco Bay Area. I followed the live newscast on TV. They got some of their breaking news from Twitter. The publisher and chairman of the New York Times, Arthur Sulzberger, publicly stated on September 8th 2010, that the New York Times will go out of print sometime in the future. Do you see how things are changing?
The best way I can explain Social Media Marketing is this:
You stop hiding behind your corporation, walk down to the village, and join the crowd. You go where the people spend their time. You ask them questions and answer theirs. You find out what their needs are, and what you can do to meet them. You share a laugh with them; and their worries. You change your communication from clever advertising make-belief to a two-way conversation.
Most of you reading this article operate in a buyer’s market. Your clients have the choice who they want to do business with. More than anything else, they will choose a brand that is transparent, authentic, and relatable. Social Media helps you be that brand. They will also go with the brand whose leadership and expertise they are constantly reminded of. Using Social Media, you move your brand in the spotlight with each interaction. You leave traces of your knowledge and activity for everyone to see. This exposure is not just important for clients, but also for potential employees, competitors and other key members of the industry. Their recognition is essential to your success.
You all know the power of Word of Mouth. Social Media is the Word of Mouth of the 21st century. It’s not just your neighbor and existing client referring you. It’s Word of Mouth gone global. On steroids, so to speak. When there is value to your brand, people will spread your message. And now, there is no limit to how fast and how far they can spread it. All you have to do is get in the game. A great quote from James Farley, CMO of Ford: “You can’t just say it. You have to get the people to say it to each other.”
There is more: Your Social Media activity generates valid inbound links to your website. That means your website will appear higher in the results of Search Engines when someone actively searches for your type of business on Google, Bing or Yahoo. Without using Social Media, it gets increasingly harder to rank high in the search engines for competitive keywords.
This one, I know many of you are afraid of: You’re giving people a platform for criticism. I know the idea is terrifying.
But think about it: If a client is not satisfied with something you do, they have three choices:
- Decide you’re not worth the trouble and take their business somewhere else.
- Tell everybody else about the dissatisfying experience with your brand.
- Tell you about it and give you an opportunity to fix it.
The third scenario is the only acceptable option. With Social Media, you not only get the chance to fix it, but you’re fixing it publicly for all of your clients to see that you care, respond, and take action. The result is clear, right? More clients will confront you directly, instead of choosing option one or two: leaving or spreading bad publicity.
Don’t be the guy standing on the sidelines laughing to other sideliners about Twitter being “That thing where people talk about what they had for breakfast”. Please don’t.
To see how other brands have successfully used Social Media Marketing, here are a few case studies: They don’t take long to scan through and comprehend. They are a lot of fun, too, so please take a look:
10 Best Social Media Marketing Case Studies
Social Media Marketing: Smartest Brands
Corporate Social Media Marketing in Action
~The End~