Evan Carmichael Top Header about About About facebook Twitter YouTube Google+

Is Social Media Marketing Overrated?



Free PDF Download
Yelp is Useless - By Harvey Farr

Name: Email:


Social media marketing is here and it is here to stay. One would be hard pressed to find a company or organization anywhere that doesn't have a Facebook page or a Twitter account. Both are a snap to set up and are free. So why not?

The real issue facing companies utilizing social media is not why not, but why? What does the average company expect from their social media? Is it to drive customers into their showrooms? Is it to encourage people to write checks for worthy causes? Is it both and more? Certainly. But does it really work, how does it work and how can results be measured? These are the critical questions.

The basis of social media marketing is completely opposite from what traditional marketing has been for the past 100 years. Until just a few years ago when people like Mark Zuckerberg (founder of Facebook) decided that people wanted a way to talk to their friends in a more efficient manner, marketing was a one-way street. It was rather simple. A company told the world how great their products and services are by purchasing advertisements. The target audiences received the message and acted accordingly.

But social media, in marketing terms, uses quite a different approach. Marketing via social media is predicated on the belief that a friend's recommendation is much more worthy, valuable and credible than that of a company. If a movie company advertises that their new movie is great, there is an inherent distrust simply because everybody knows they just want people to go see the movie. But if someone sees the movie, or more likely a free screening, and posts on their social media platform that they liked it, his/her friends are more likely to act and see the movie because a friend liked it. That is why companies and organizations work to engage audiences in their products and services via social media to get people talking about it. It is basic word of mouth but done on a huge scale where one person can tell 500 friends in one posting.

And those 500 friends can tell their 500 friends and so on.

The obvious downside is what if someone hates the movie? Often people are more likely to post dissatisfaction with products and services especially if they paid for them. And, dissatisfaction will travel just as fast, if not faster, than satisfaction.

The point at hand is a company or organization has to offer a product or service that resonates with a critical mass of people for it to get any traction. And it has to have a way to get its message out so people become engage in the product or service. That's why Pepsi puts Facebook.com/Pepsi at the end of their commercials not Pepsi.com. But the commercial they are running costs hundreds of thousands to produce and an equal amount to air on television. So for Pepsi social media has a strategic basis. They are moving people to Facebook to keep the brand visible.

But what about small organizations that can't afford to buy national television ads? They create Facebook pages instead. Unfortunately, many find that after a year they have all of 140 Likes. If a Facebook page doesn't have a critical mass of viewers or Likes, then how can it be effective?

Social media must be part of a marketing campaign but only a part. And expectations must be realistic. Too many organizations think all their marketing should be focused on social media. But if there isn't a strategic way to drive people to social media platforms, then who are you engaging?

Some say traditional marketing such as publicity, advertising and direct mail is dead. But just because social media has emerged, it would be a mistake to discount all other forms of marketing.

True, people may be in love with their computers and hand held devices, but social media should augment marketing, not replace it.


Related Articles

  Using Social Media Effectively As A Business Professional And Author
  Social media : why should my business use this resource?
  Social Media Gains Momentum for B2B Marketers
  Considerations when Creating a Social Media Marketing Plan
  Where Are You in Social Media Adoption Curve?
  The Remarkable Growth of Social Media - an Infographic
  12 Tips for the Social Media Newbie
  Social Marketing Online
  How to Make your Social Media Campaign Enjoyable
  Resourcing B2B social media
  How To Use Social Media For Your Business
  Free Internet Marketing Strategies That Work!- FAST CASH MAGNETS
  Engage: The Word of the Year
  Social Media Marketing for Accelerating Your Business
  How Social Media Helps Businesses Get More Exposure
  Legal Marketing: Social Media and Law Firms
  Strategies For Utilizing Social Media Outlets
  Social Media is for Experts Only. Do Not Attempt!
  Legal Marketing: Blog opportunities
  “Should I or shouldn’t I”

Home > Public-Relations > Harvey Farr > Is Social Media Marketing Overrated >

Free PDF Download
Yelp is Useless - By Harvey Farr

Name: Email:

About the Author: Harvey Farr

RSS for Harvey's articles - Visit Harvey's website
Harvey Farr is founder and president of Farr Marketing Group (FMG), a Los Angeles public relations and marketing firm.  FMG specializes in issues and causes marketing and public relations and is known for its experience marketing non-profit organizations.  FMG also represents financial institutions, attorneys, law firms, accountancy firms, and labor organizations.

Areas of expertise and services include strategic planning, media relations, crisis communications, special events and social media marketing.

Harvey is a sought-after speaker and offers workshops and seminars for companies seeking to provide employees with a better understanding of the marketing and public relations process. He lectures at UCLA, California State University, Los Angeles, American Jewish University and the Center for Nonprofit Management.  His direct email is info@farrpr.com.  http://www.farrmarketing.com

Click here to visit Harvey's website.
Dashed Line

More from Harvey Farr
Is Social Media Marketing Overrated
Business to Business PR
How To Hire A PR Firm
Marketing in Tough Economic Times
Good Communication Starts With Communicating What You Want

Related Forum Posts

Re: Kevin needs "social glue" ideas Re: Kevin needs "social glue" ideas
Re: Kevin needs "social glue" ideas Re: Kevin needs "social glue" ideas
Glad to be a member! - We Consult businesses FREE! Glad to be a member! - We Consult businesses FREE!
Re: Should Evan add a "Social Media Marketing" category to the f Re: Should Evan add a "Social Media Marketing" category to the f
Re: Should Evan add a "Social Media Marketing" category to the f Re: Should Evan add a "Social Media Marketing" category to the f

Share this article. Fund someone's dream.

Share this post and you'll help support entrepreneurs in Africa through our partnership with Kiva. Over $50,000 raised and counting - Please keep sharing! Learn more.
Share for a Cause



Worksheets
By: Evan Carmichael

Do you have what it takes to be an entrepreneur?

8 Powerful Steps to Finding Your Passion

Does your pitch suck?

Create a plan of attach to launch your new business.

8-Cover

Like this page? PLEASE +1 it! Evan Signature
Bottom Footer



Newsletter

Get advice & tips from famous business
owners, new articles by entrepreneur
experts, my latest website updates, &
special sneak peaks at what's to come!
Name:
Email:
Popular Articles

Compensation systems in sales organizations

Affirming Others Builds Trust and Motivation

Hire the Best Staff - Part Two 'Selection'

Suggestions

Email us your ideas on how to make our
website more valuable! Thank you Sharon
from Toronto Salsa Lessons / Classes for
your suggestions to make the newsletter
look like the website and profile younger
entrepreneurs like Jennifer Lopez.