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Is Social Media Made for Businesses?

by ggallucci Expert(October 2007) (rank 11th)
 
 
The advent of social media has made a strong impact on the way businesses market on the internet. We’re seeing entire industries change to accommodate online users in this amazing internet phenomenon. Could the online marketing industry be due for a change as well? In a market that is seemingly created by end users for end users, businesses will have to reconsider previous ways of marketing on the whole.

Online marketing agencies will have to rethink their standard marketing techniques and get creative in order for their clients to compete in the realm of SMM. Essentially, current perceptions of tactical media buying have to give way to strategic media channel planning. No longer is it about buying advertising time and creating a compelling ad, but rather, it’s become about creating a marketing strategy that establishes a deeper, emotional connection with consumers.

With so many social media avenues becoming available on an almost weekly basis, online marketers must now create a tailor made plan to that is specific to the technology, product or service being sold (even if it’s for free). This will require knowledge of what types of media are out there and how they can be used. An online marketer must know the difference between two media sites that are seemingly the same type of site. They must know that using a social bookmarking site such as Digg will produce different results than using StumbleUpon.

The focus on the customer must be stronger than ever before in order to use social media sites effectively. Online marketing agencies must learn the “rules” of SMM in order for their strategies to be effective.

Online marketing agencies also learn how to integrate all aspects of the social media strategy to produce the desired effects. Mastering this skill will become a quality in demand for any successful agency.

Targeting consumers must be done with more care and precision than ever before. With the variety of media that’s out there, broad spectrum SMM tactics just won’t work. Like we said earlier, it’s not like general advertising. Having accurate and up to date demographics on both consumers as well as social media sites will become increasingly necessary and vital part of any strategy.

Accountability takes on a new role in social media marketing. Social responsibility must be at the forefront of any good marketing strategy. The online agency must know how to respond and teach their clients how to respond in this quick paced environment.

Social media is definitely changing the scope of the marketing industry. Thought of initially as just a fad, SMM has proven that it’s here to stay.

 
 

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Re: Is Social Media Made for Businesses?

XavierV
Vote:

October 2007

I agree with you and you bring up a good point about the different platforms and their respective effects.
(There was a list of the different micromedia platform on PR2.0 today).
Users are constantly platform-hopping between existing and new sites. I say SMM should become agile methodology-friendly to adapt to an ever-changing environment.
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