Sunday, March 29, 2009

Everything Communicates

As I have mentioned before, being laid off gives me great opportunity to talk to a lot of people and also to crystallize my own thoughts on a variety of topics.

I have been thinking a lot about social media; what it is exactly, how it fits in, how people use it, etc. What's apparent to me, is that social media is not an end, but a means. Its also very apparent that social media is not some online phenomenon, but online has developed the set of tools that make conversations easier and louder. One could argue that a conversation in class, at a bar, at work is a form of social media, but now those conversations can get very wide distribution through online tools.

The other thing that has become more obvious, is that with the advent of the online tools, EVERYTHING becomes marketing. Customer service is now as much of a marketing tool as advertising. A bad customer experience, can lead to a Tweet, FB Status, blog post, YouTube video etc about the experience.

So, EVANGELISM should now be a key objective, and the one that potentially drives social media use. In my opinion, ROI is nice from social media, but the value of it is the ability to "Democratize Your Distribution" and create brand evangelists with loud voices and broadcasting capabilities. The attribution (latency) period might be longer, but in the end, its more valuable.

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