My understanding of social media marketing

It has become a cliché I know, “social media marketing” but then every trend sooner or later, as more and more people begin to adopt it and begin to claim themselves as experts in, becomes a cliché.

As it often happens with me my entry into the world of social media has been a bit lackluster. I have been interacting on Facebook and Twitter and have also been providing consulting services to some of my regular clients but when it comes to my own presence on social media I haven’t been very particular. Actually, the same thing happened with my blog too. When I was helping other people promote their blogs I was totally neglecting my own blog. Anyway, this post is about my understanding of social media marketing.

What exactly is social media marketing? Does it merely mean creating profiles on various social media and networking websites and posting content, and on and off interacting with your friends and followers? This is not marketing, this is simple networking and communication and your mom must already be doing this among her circle of old friends and relatives.

Marketing is a bad word, I know but it is a necessary evil, if you want to call it so. Out of the negative shade it is an activity that makes people aware of the services and products you offer.

Conventional marketing is mostly one-way: you create advertisements for television, newspapers, magazines, and even on the Internet (remember banner and link ads?). You can even publish pamphlets and fliers and get them distributed or mailed. After being exposed to your advertisement people may or may not respond. It depends on how well the advertisement has been created and what is the demand for your product or service.

Social media marketing on the other hand creates ripe ground for marketing. And it’s not just marketing in its pure sense. You may like to call it brand awareness. You don’t necessarily call it marketing because on social media and networking websites people are not very big fans of marketing and business promotion. It happens but it happens in the form of communication. Social media marketing in its true essence means

• You remain active
• You keep interacting with your friends and followers
• You keep them engaged
• You inform them
• You educate them and seek advice
• You let it be known through your fan or profile page what you do for a living and what sort of business to promote
• You encourage discussions around your product or service, unobtrusively
• You constantly measure response and take further steps accordingly
• You reach out to new people and make old people feel valued
• So on and so forth

You cannot simply put a page there and expect people to start doing business with you. You need to establish a long-term relationship with them. You have to show them that you are interested in them, that you are concerned about their welfare, that it matters to you how they think and what they think, you are there to help within your means, and in between, if they need something and you happen to be selling it, suggest that they can get it from you.

Benefits of social media marketing

There are many benefits of engaging your present and prospective customers/clients on social media and networking websites.

• You create relationships instead of customers and clients
• You actually interact with people as an individual
• The communication is more focused and targeted
• It is an ongoing process so there is greater brand awareness
• People become more familiar with your presence and may even respond better to your conventional advertising campaigns
• You can develop a stand-alone platform to launch products and services
• You can obtain instant feedback and react accordingly
• If there is a public-relations problem you have a ready-made communication tool with you through which you can reach hundreds of thousands of eager listeners instantly
• You can educate people with real-time interaction
• You can analyze the metrics of conversion with greater and more predictable accuracy
• You can show your human side to your customers and clients
• You can strike up new, amazing friendships
• You can get new product ideas by carefully listening to your social media audience

There can be many more benefits but these are the immediate once that come to my mind.

So should your organization invest in social media? Again, “invest” sounds a bit mercantile but what I mean is investment in terms of effort and money. Of course as a busy person you wouldn’t like to update your Facebook and Twitter accounts multiple times a day and beside you need to be very careful about what activities to indulge in through your social media presence, especially if you are representing your business. You have to define guidelines and you have to strategise your activities. Although social media marketing is an ongoing activity you have to move towards long-term and short-term objectives. Your every single posting and interaction must take you one step forward towards those objectives.

For this, you need help. You will need professional help: people who know the inns and outs of social media and who can take positive decisions for you. This is where investment comes in because you will have to pay them for their time. Social media is fun only as long as you’re doing it for yourself; if you want to do it for others you expect decent compensation because it is a serious job. The person, after all, represents your business. Everything he or she says reflects upon you (your business); hence, it requires lots of maturity, experience and tact to interact with your followers and friends on social media on your behalf. I will be writing more about this in my forthcoming blog posts.