Social
Media Marketing is a conversation. That's it. You don't have to be a
techno geek to participate, it is just a conversation. Let's look at
its components.
Social:
According to Webster, social is: “(1) friendly companionship
or relations” “(2) living or disposed to living in companionship
with others or in a community, rather than in isolation.”
No
doubt about it, Facebook, Twitter, YouTube, LinkedIn, MySpace and all
the others are communities. Each has its own culture created by
participating “inhabitants” or members of the community.
Facebook's a very family and friends orientation, MySpace is more
youth oriented, Twitter and Linkedin are much more business and
professional while YouTube spans the generations and cultures.
No
matter the orientation, people go to those communities to connect
with others for whatever reason.
Media:
Webster says, media is: “The means of communication, as
radio, television, newspapers and magazines, with wide reach and
influence.” Let's see, Facebook has 500+ million users which, if it
were a country, would make it the 3rd largest in the world
behind China and India. Twitter has a 100+ million users and YouTube
has over 2 billion views a day.
When
you look at these numbers, I think you will agree with me that these
communities definitely qualify as media. They broadcast the message
in a way radio, television and the newspapers never could. In
seconds, a message or video can go viral around the world.
Marketing:
According to Webster, marketing is: “The activities, as
advertising, packaging, and selling, involved in transferring goods
from the producer to the consumer” while market is “an economic
situation in which supply and demand interact through the activity of
buyers and sellers.”
Studies
show that 78% of the population trust peer recommendations vs. 14%
trust advertising. WOW! No wonder advertisers are so anxious to
access the social communities. Most everyone they want is right
there, they are talking with each other, asking for recommendations
from others in their communities and they can be reached for a
fraction of the cost of traditional advertising. If you like reading
statistics, read “Does Social Media Marketing Makes Sense for the Smallest Businesses?”
When
you put it together, you can see that social media marketing is a
conversation either 1-to-1 or 1-to-many. With social media marketing,
aside from those looking for purely social or family connections, you
can find buyers for your products or services as well as potential
partners for your network marketing business. Even if a connection begins as purely
social, it is inevitable that at some point conversations will take
place pro and con on a certain product, service or company.
Let's
get social! Will you connect with me?
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