Social Media & Your Brand - It’s What THEY Say

12. September 2011 by Frank Goad.

Even though I’m starting a social media and marketing school (www.facebooklexington.com), social media isn’t the be-all and end-all. You’ll notice it’s a social media AND marketing school, because too many people are giving seminars on social media, but they’re not really telling you how to use it to its best effect. Some are treating it like it’s all you need, and that’s the real fallacy – social media is only one part of your marketing and should be part of an overall strategy. Some question whether it should be in the mix at all.

There is some discussion among the marketing mavens in the uppermost floors of skyscrapers in the world’s major cities, and the discussion centers on whether social media is worth it. Some major companies are not seeing the returns they expected on huge expenditures in social media. For instance, despite going viral, there is reason to believe that the Old Spice Man videos didn’t help sales; coupons and in-store promotions did. It could be argued that it bought mind share, but how do you know?

I believe it has to do with the fact that social media misses the mark for many folks. Why? Two big reasons:

A. Not enough people are doing social media right. What’s most important is not the number of friends, how often you post, how many people see your post, and so on. It’s how many people give you their money.
B.  People are throwing time and resources at it (which equals money - it’s not free like people tell you) without a real strategy. That is a recipe for waste and disappointment. When you post, are you leading up to something? Are you finding ways to tie your posts to your products or services?

The foremost question is, are you promoting your brand?

I love this quote from Johnathan Salem Baskin: “Brands don’t exist, at least not like rocks or tax returns. Brands are ideas that have no external existence or legitimacy apart from the creative agency of human experience. Brands aren’t things but rather conclusions, and therefore have no voice, reputation, attributes, or actions that aren’t the result of somebody doing something (or something happening to them).”

My main definition of brand is this: A brand is the promise of continued delightful experiences based on a history of delightful experiences. If you’ve read this blog, you know that I rave over the service and food at Bella Notte (go there and you’ll understand). The number one reason I do is, I’m delighted every time I’m there without fail. Do your customers have that unwavering loyalty? Do they post to FourSquare, Facebook, Twitter, Scoville, Yelp, etc., etc., etc.? Eating at Bella Notte here in Lexington compels me to tell the world … on social media. In one sense, it’s not what you post, it’s what everyone else posts for you.

Is social media a fad? No, it’s a constantly morphing electronic entity that has roots running back to the 80s. First it was dial up service and bulletin boards; now it’s social media on a variety of devices (even refrigerators) and who knows what tomorrow. Be ready to change.

In the end, social media is a way to measure sentiment and gauge your performance. You have to “prime the well” (a saying lost on many who use social media because they’re too young) and create conversations, then find ways to listen closely. You need to make it part of all your marketing. It needs a plan, goals, measurements and ways to judge the ROI. Don’t think it’s free because that will really cost you.

If you want help making it the most it can be with the least “wasted motion,” give us a call. It does work, if you know how.

Frank Communications Lexington, 859-335-8742, our Website (click here), our Facebook page

Posted in Frank Communications, Frank Goad, FrankyGee3, Social Media, 2011, building business, Advertising, advertisers, The Long Tail, business relationships, Marketing | Print | No Comments »