Back to the Facebook

Mar 29
2012

Social media, like Marketing, never lets you rest on your laurels. No matter how expert one may be in a medium or field, changes require constant updating, relearning, and re-honing of skills. And yet, the basics always remain the same. Yes, it’s always Back to the Future, or this week Back to the Facebook.

On Friday, March 30, 2012 Facebook is forceably changing all business sites over to its new format. The change has been a boon for the webinar industry, with every social media consultant offering tutorials on how to switch a site from the old to new format. So for all of us who believed we had mastered Facebook and were on to Pinterest, Tumblr, Wanelo, or Spotify, it was, instead, of week of back to the drawing boards on Facebook.

Back to the drawing boards must be taken literally as a key change in Facebook was the need to create a cover. Yes, all of our mothers advised us not to judge a book by its cover, but our marketing professors taught just the opposite. Packaging, aka covers, is a key marketing component, without which success is less likely in the marketplace of goods, services or ideas.  Consultants were proliferating on how to create a cover that best represents your company when Facebook rules exempt most items a classic marketer would include — namely contact info and Calls to Action.  ”The cover photo is the new landing experience,” states the SocialMouths blog.  I think experience is taking it a bit far, as it’s really a pretty picture indicative of our increasingly graphic age where people seem dazzled by image rather than substance.

Speaking of serious marketing – Facebook should, in many cases, be part of the mix, but let’s stay focused on marketing that works. In a recent sales seminar given by Mike Blinder, he unequivocally noted that for most small businesses Facebook is like a billboard in a basement. There’s tons of hype and, therefore, a strong sense that a business owner should somehow be involved in this Facebook thing, but with 25-125 followers, largely of relatives and friends, the marketing potential is limited. Blinder (pronounced Blyn-der), doesn’t wear blinders.  He calls himself a street fighter and is one of the most motivational, clear sales trainers I’ve ever heard.  As a street fighter, he believes in qualifying prospects, having a clear story to tell, doing homework on a client, and closing sales. Anything that helps him do that more successfully is marketing, but his marketing is his story of success. There’s no better kind.

There are exceptions to any rule, and Facebook marketing does have its place for some entrepreneurs– namely realtors.  Many, if not most, are women, who thrive on personal connections and local contacts.  Facebook has evolved from a teenage silo with as many moms and a growing number of grandparents Facebooking to keep up with the kids, if nothing else.  I get personal pleasure on watching my own young adult kids suddenly delving into my professional arenas on Twitter and LInked In.  If you’re talking business to business contacts, these latter two have much more to offer.

So lets Facebook the facts. Facebook was not started to be a marketing tool, but a social interaction tool. If you’re young, single and on the “meat ” market, yes it might help you market yourself.  If you’re a serious, committed entrepreneur or small business owner, it’s really the minor leagues.  The majors are playing in larger arenas, to bigger crowds (called reach), and on a consistent basis (called frequency).  They are packaging themselves as serious players, commanding well-deserved prices, and have followings that many Twitter and Facebook dabblers would crave.  Find them, and watch what they’re doing. They are your true North stars.

 

 

No Free Lunches or Media

Aug 20
2009

Despite the obvious implication in Chris Anderson’s new business bestseller Free, there is no such thing as Free Marketing.  Not really.  I know CEOs and CFOs want low cost/no cost Marketing, but the saying “You get what you pay for,” is true across all marketing channels including social media.

On the surface, social media appears free. You can get a Twitter site or Facebook page for free. You can even set up a blog for free. But, consider this:

  • Some blog services are free but limited. Free blog services don’t allow you to monitor stats to see how many visitors you may be attracting, or enter key words to maximize search.
  • Facebook is free, but ads are not. If you are using Facebook for business, you should have a business page, be building a fan base, and considering targeted ads. I read somewhere that Starbucks, a leader in the use of a Facebook business page, has six people on its social media staff.  As of July 09, they were reported to have 3.5 million registered Facebook fans.  They may be closing stores, but they aren’t closing down Facebook pages anytime soon.
  • Twitter is free, but your time isn’t. You have to post, research posts, and monitor inbox requests. Social media guru Guy Kawasaki has a team of 2-3 twitter ghost writers.  Ever wonder why?

Speaking of Twitter, according to WACO (the World Advertising Research Center, not the city in Texas), earlier this year Dell computer reported that it generated $3 million in sales through microblogging services, and that’s after it had to recover from previously  bad press in the blogosphere!  That kind of revenue potential deserves some investment, wouldn’t you say?

A Marketing Truth: Media costs. We always knew it costs money to take out a TV ad. Why do we suddenly think other marketing channels are free?  There are hard costs and soft costs, but getting your message in front of the right people is a science that takes talent, effort, staff time, creativity, and execution according to plan.  That science, by the way, is  called Marketing.

Another Truth: Planning Saves Time and Money. There are ever-increasing low cost (ahem free) channels for getting your message out to the right people, but the cacophony of choices means you need to wisely invest your time and resources on those outlets that maximize your positioning.  Guess what?  That’s what an executed Marketing Plan is!

Bottom line: Make sure you have the resources at your disposal to make the right choices, keep your messaging consistent in your chosen medium, and measure response.  It takes time, effort and potentially staff resources unless you really want to do it all.  But your time is valuable isn’t it?  I assume you’re “not free.”

P.S. I’m currently working my way through Anderson’s Free. It’s a must read for all business and marketing types. Lot’s of good food for thought.  In keeping with the spirit of the book, I took it out for free from the library.