Thursday, January 16, 2014

The Confusing Social Media Marketing Maze

The Social Media Marketing Maze can be confusing:



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Stability

 has said that one problem with Social Media Marketing is that it isn't stable. Companies who built a large presence on MySpace found that it was eclipsed by Facebook within a few years. Facebook itself has made changes that affected businesses and new Social Media sites like Pinterest appear regularly.

Not a Sales Channel

Social Media is primarily a communications channel, not a marketing channel. When the channel is used for direct marketing, often these efforts fall flat.

Noting problems with Social Media, Sampad Swain has written:

"...before getting into social media, we should be aware of our goals...
  • Is it to increase awareness and credibility?

  • Is it to increase online conversations?

  • Is it to create a community of unified spirits who may turn out to be evangelists?

... the easiest way to fail at ‘social media marketing’ is to use social media as a way to broadcast your marketing messages with a goal to sell more stuff!"

Great Expectations

According to David Mercer: "Business has now invested several solid years in social marketing. It's been a wild ride. Stories abound of incredible marketing successes, dismal social media failures, and everything in between." 

According to Mercer Social Media marketing doesn't work for business for various reasons, including:
  1. Being great in social media doesn't trump good products and service

  2. Publishing great content requires the skills and expertise of a publisher.

Businesses need to start looking at social media marketing as a link in the chain, instead of the whole chain itself.


What Works?

Clearly there are some winners in the Social Media Marketing arena:

Facebook: useful for judging customer trends and customer interaction. More difficult to use for direct marketing since users can only see your sales message if they click through on a Facebook ad.

One thing is certain, the Social Media landscape will continue to change, and may change into something we can't even imagine yet.

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Phillip Gwinn
phillipgwinn.blogspot.com/