Podcast Archives - Page 14 of 25 by Mark Murnahan

They Pay for Awesomeness, and Nothing Less!

People ask me all the time, for ideas about how they can make their business better, stronger, and more profitable. They want to know what will convince more people to spend hard-earned money with their company.

I usually have some useful tips for them. I love to help, and I enjoy the look on their faces when they say “Why didn’t we ever think of that?” It is even more adorable when they call me to tell me that they implemented the tip and it is working for them.

It feels great to be helpful, and it keeps me sharp with new ideas. It is also why I write this blog, and why you see my direct phone line at the top of every blog post with the statement “I am always ready for a brainstorm. Call me at *REDACTED DUE TO AGING WEBSITE*.”

One of my best tips, in a single word, is “Awesomeness”. I will explain this, and how you can create greater awesomeness for your customers.

Being Helpful Grows Awesomeness!

I want to explain a principle that may seem scary to some people, but it is one which has served me very well in life, and in business. It requires patience and practice, but it has never failed me in the long-term. In order to explain it best, I will use my own experience. I could explain it in some fancy theoretical terms, but this comes from real life … my real everyday work.

It is my job to provide answers for improving companies and making them more marketable. I do a lot of my work free of charge. Well, at least I try very hard to blog about it in ways that people can use it. I’d call that work, so yes, I do a lot of my work for free.

Since I only work with a very small number of clients, and because a company has to be pretty serious about their marketing to hire my services, I make many efforts to help others without digging into their pockets. Don’t worry, it is not some kind of Jedi mind trick (video reference), and I am not selling something here. Being helpful gives me good karma, mojo, luck, or whatever you want to call it.

Being helpful is a principle that is used in abundance by successful companies, and successful people. You really don’t have to look around very hard to see this in action. It is a principle that is even more important when applied to the Internet, and I’ll tell you why. When it comes to Internet dealings, people have a very strong filter for noise. I wrote about this a while back, in an article titled “Will Your Social Media Noise Withstand 2011 Filtering?” They are also commonly very skeptical. There is a lot of “crap” on the Internet to overcome, as a consumer.

Many companies use blogs and other social media tools to be more helpful and interesting to their potential market. When they provide useful information, it brings attention to their brand. It is a means to express a company’s awesomeness and to put their helpfulness to work, and their company culture on the front line. There are many good reasons for companies to have a blog, in fact, I can offer you 10 really good reasons to blog.

I could stop right here, but I just told you this as a preface for the real point of this article. You can stop here, add your comments, tweet it, Facebook it, blog about it, and etcetera, but there is more! Yes, it is lengthy, but that is why there is a play button on my blog (at the top). If you don’t have time to read it, at least care enough about your business to push play and listen.

What Do They Pay For? That’s Right … Awesomeness!

The principle of being helpful is only one piece of success, but a huge piece that a lot of companies totally neglect. Somebody has to pay for all of that helpfulness, or the company would go broke. So, a lot of companies are left with a question of who will pay for that? Can you believe it? Companies actually treat it as a “dilemma” of whether it is a good idea for them to be helpful. This is why I find that even when they are helpful, they seldom make it to “awesome” status.

The reason I mentioned this principle of being helpful is because I want you to pay attention without thinking I am here to sell you something. Call it a bonus, and whatever you do, please try to implement that tip. Be helpful … It is for your own benefit!

Now I am going to tell you what people actually pay me for, and explain ways you can benefit from it without having to pay me. Come to think of it, this may not go just right, but I am pretty sure I am not obsolete quite yet. In any case, I want you to use this for your own gain.

This May Not Be Awesome, But it is Helpful!

As a marketing guy, a huge amount of my work is not focused on helping companies with the obvious marketing task of getting their name in front of more people. Does that sound strange? It probably sounds totally crazy to a lot of people. In fact, you may be wondering, “Where in the heck do you find these idiots who pay you, Murnahan?” Yes, I am paid by aliens from another planet … but they are very successful Zarkmobians from Planet Narburloid.

It is true, though, because a significant amount of my work involves making them more marketable. That means digging into who they are, as a company. They pay me to develop a strong understanding of who they are, and to uncover what makes them more like sex, bacon, and other things people love. My job is to get a solid grasp on their “awesomeness” by viewing the culture of the company from a unique perspective. With this, it is my responsibility to create their best marketing strategy.

You can get a better picture of your awesomeness by talking to people. Ask people you respect. Ask people you don’t respect. Ask people who buy from you. Ask people who don’t buy from you. Ask without a word, by researching your market, and uncovering the real forces that drive your market. Ask a lot of questions, and pay careful attention to the answers. This will help you to discover your best customers!

Discovering the Model Customer

Once I know a company’s best assets (their awesomeness), I can begin the research to build a perfect model of their customers. Knowing the right audience is extremely important, especially if you want a return on your marketing investment. I wrote about this a couple times recently, and I hope you read those articles. I will add some links below, but if you are not a subscriber, do it now … it is free. I will say it again, though … ask a lot of questions, and pay attention to the answers. Below are some links to help you with your customer modeling, but note that they will only help you if you use them!

How Does the Company Fit Into the Market?

After the ideal customer models are in place, I can accurately direct my clients as to how they fit into their marketplace. Then, I can also provide steps to better adapt to their market. This is when the real awesomeness is unleashed. It is completely different for every company, in every industry.

If you do not know your competition, you probably don’t know your market very well. You need to know your market before you can even begin to get ahead. If you learn the forces working against you, it will be a whole lot easier to overcome them.

Spend some time knowing your market, including your competition. Most companies do a terrible job of this, so it is like low hanging fruit for you. Pick it!

Producing Awesome is Not Easy!

Most companies simply cannot see their business clearly from a marketability standpoint, and it becomes their Achilles heel. This destroys many companies.

Even when they think they have a good grasp on their “awesomeness”, most companies do not express it very well. I have said a lot about good reasons to blog, and good uses for social media. None of it centers on the use of destructive interruption marketing.

The challenge here is to present your company in a way that it is appealing to the customer, based on what they want, instead of just what the company wants.

I return to the principle of being useful. Most companies, including your competitors, will not have the required patience to be useful and give their customers a reason to buy from them. Many will just hope to flash a sale price and scream their selling message, but only a relatively few will put aside the selling enough to understand what will inspire buying.

Most companies (yes, most) will choose to skip the important research. It is not easy work, and it bores a lot of people to tears. It becomes too much hassle to actually build their understanding of the customer. For a lot of people, it would be cruel and unusual punishment just to finish reading this article, not to mention actually implementing the suggestions.

Here is where the punishment really pays off: If you understand your customers’ motivations to buy, and address it properly, they will tell each other. Your job becomes a lot easier.

Delivering Awesomeness to The People

Once the marketability factors are perfectly in place, it is a whole lot easier to deliver it to the people. Delivering something marketable to the people is simple! Have you seen how many amazing tools there are for delivering a good message to people? Just think of the first ones that come to mind. Facebook, Twitter, YouTube, Google, blogs … and the list goes on.

You want some awesome? Check this out! Here is some unsuspecting awesomeness for you. They didn’t seem all that amazing to me at first, but you would probably never believe me if I told you how many times these made my phone ring. These are just a couple of many examples, but the articles below make a good point.

How To Become Popular on Twitter Without Actually Being Useful

Social Media and The Absurdity of Implied Reciprocity

So you must be asking, “How did these make the phone ring?” It was because those little pieces of awesomeness made people think. They made people laugh. They compelled people to share them with others, and they created a squillion new links to my blog. Bonus Points: They were also extremely relevant to my industry.

Those links enhance my SEO (search engine optimization), and reflect credibility to search engines by showing popularity. That credibility helps everything else I write about to rank higher in search engines. That is how SEO works! This matters far more than the mechanical approach to SEO. The trick is to be awesome as often as possible, or at least as a high percentage of your efforts.

Are you getting it yet? A little bit of awesome carries a long way. I don’t make “awesome” happen every time, and you will not either. I know when it is needed, how to do it, and why it matters. That comes with practice, so start practicing!

How much more can I say? I gave you a lot of good links within this article, and I did not include a single one to waste your time. I just gave you tools to learn and implement excellent marketing. I hope I have encouraged you to take the same approach of researching your market and to provide value to your potential customers.

I suggest that you give in order to receive. As an example that I mean what I say, I am giving $5,000 just to receive an introduction to somebody interested in paying for my services. That pretty well covers the “awesome” and the “helpful” in my book.

Of course, companies pay me for a lot more than what I included here. If you have the time to exercise your patience, and put some practice to use, you will find a whole lot more free assistance in my blog archive. I do it to be useful, and that works for me. I believe it will work for you as well.

I will allow you this moment to practice being helpful and awesome. This is your chance to add your helpful comment, and share how you apply these principles, or how you feel you could do better. If you want to get outrageously helpful, give this a tweet, a Facebook like, a stumble, a digg, or whatever it is that you do to share helpful things with others.

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Target Your Marketing and Love Your Customers Again

Do you sell something that has a potential market of “everyone”? Maybe you sell widgets, doodads, or gadgets that everybody in their right mind should own. If you treat your marketing that way, you are probably pretty frustrated.

I learned this the hard way, many years ago, by thinking that “everybody” was my target market. I remember when I sought out my market with thoughts like “Who wouldn’t buy my stuff? They must be crazy if they don’t buy!” Then I parked my bicycle and quit my paper route.

I learned what it meant to target my marketing. I stopped wasting time and money trying to reach everybody with a good reason to buy my stuff. The result was that I sold a lot more stuff.

When I stopped viewing everybody as a potential customer, I also stopped seeing them all as the “deadbeats” who wore me down and just wouldn’t buy. I started loving them more each day, and it turned out that my business grew massively.

Carefully conceived targeted marketing is a huge factor of success in a business. I don’t just mean targeting your market for every customer who will buy, either. I mean targeting your market for the customers you want, and who will help your business to grow.

I want to help you to avoid this common oversight, because it is in the top five most costly business errors. It runs close behind killing a hooker (and getting caught), or naming your child Bernie Madoff.

If you try to market something by believing your ideal target market is “everybody”, it is like hunting elephants in a termite mound. You will find a lot of termites there, but very few elephants. Many people only believe this after a “less-than-ideal” profit and loss statement proves it to them.

Marketing to Morons, Idiots, and Fools

Sure, I still think that most people are just totally insane if they don’t write me a check, give me their credit card, or provide me the passwords to their massive offshore bank account. They should at least send me a box of cigars and a bottle of Bourbon to butter me up. I mean, after all, I know it is mathematically factual that I sell something which returns more money than its cost. What kind of moron can’t see that?

Let me tell you something you you probably already know. There are a whole bunch of crazy, “idiots, morons, and fools” out there who will not buy what you sell. Even if you are selling the cure for cancer, free money, or a magical 24 hour orgasm, it will not sell itself. It will also not sell to “everybody”. Marketing to “everybody” as a prospective buyer would not even be a wise marketing approach if Coca Cola, McDonald’s, and Microsoft merged.

When you consider it closely, maybe they are not all such idiots, morons and fools. Instead, maybe it is your lack of targeted marketing, using data-driven customer modeling and calculated market segmentation.

Targeted marketing is exactly why I don’t write this blog for idiots, morons, and fools. I write it for people like you, who will appreciate good marketing ideas, pass them along to others, and add to the conversation with your comments. Actually, I don’t rely on the blog comments so much, because my target audience is pretty shy, but they do share a lot.

Target Market Segmentation Challenge

My challenge to you is to take the time and effort to segment your market more carefully. Start thinking in terms of demographics, psychographics, geographics, and who your best customers really are. What spins their fan, and what can you do to make your brand more like sex, bacon, and other things they love? Where will you reach them, and what will inspire them? Use what you know, expand what you know, and get creative with your marketing.

Targeted marketing seems very foreign to many people, but the good news is that this includes your competition. Just like everybody is not a customer, everybody is not a marketing genius either. Understanding a market requires marketing talent, which comes with practice, accurate data, and the right set of marketing tools. Unless you are willing to hire a professional, you will need to practice, and practice a lot.

I think of it like a trip to the gun range. Sure, I like to bring a lot of ammunition, but it is even more important to use the right gun, and learn how to aim it well. A sniper rifle is best, but many people fear that level of commitment to their marketing. So it is best to at least learn how to aim what you have.

A Lot of Ammunition is Good, But Sharper Aim is Better!

Practice Targeting Your Market

Maybe you believed that optimizing your marketing reach would be easy in the beginning, but you surely know better by now. Look at your market penetration and consider these questions:

Are getting all you can (or at least all you want)?
Are you getting huge buyout offers?
Are you expanding your company at astonishing rates that would make Facebook founder Mark Zuckerberg blush?

If your answers are “no”, then you need more practice to hone your skills. It will not kill you, and in the off chance it does, it was nice knowing you. If you are not afraid of dying, keep reading for thoughtful encouragement.

Practice your creative thinking. Practice your analytical thinking. Figure out who wants what you have, and what they will respond to favorably. Don’t try to reach them all. I know that it is hard to overlook all of those potential customers, but you will reach a whole lot more of them if your marketing is targeted appropriately.

If growing your business really matters to you, be ready to lose some sleep for it. Perfect customer modeling takes a lot of marketing talent and creativity. These are things you can improve, with enough effort.

Back to the gun analogy: You can make a lot of noise and scatter a lot of lead with a 12 gauge shotgun. It is particularly good for scaring your customers away, but not very good for hitting them in the heart, where you want your brand to penetrate. When you hit your market in the heart, you will find a lot more love flowing in both directions.

Shotgun Marketing Scares More Birds Away

If you don’t have the time or skill to become a true marksman, it is best to either rework your schedule to develop your abilities, or find a good hired gun.

I will part with some articles related to targeted marketing. There are more in my blog archive, and more yet to come. Check them out and subscribe for more bits of marketing brain food coming soon.

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The Least Expensive Hour in Social Media: Study Time!

Have you ever wondered what is standing between you and a more successful social media marketing campaign? I am not going to read your tea leaves or make a bunch of speculation here, but I will tell you where a lot of people fail miserably.

I want to relate this to something that should get your attention, and that is cost. Have you ever considered the cost of social media marketing? We can break this down in many various ways, but the fact is that social media will have a cost, whether you take action or not.

If you don’t take action with social media, it will cost you lost opportunities and dwindling market share, and that is usually the biggest cost of all. You probably understand this, or you would not be reading my “SEO and Social Media Marketing Blog”. So, I am going to take a big leap here, and assume that you intend to take action. Maybe you are already taking action, and in that case, you probably want to do it even better.

Many business people choose to spend more time than money in their social media marketing efforts. I guess they feel like the cost of time is less than the cost of money. The fear of monetary failure hits a lot of people harder than the fear of lost time.

Since your time and money are both valuable to you, I want to help you discover the least expensive hour in social media. That hour is the one spent taking in knowledge. No, not just seeking knowledge, but finding it and absorbing it. That means you will need to prepare yourself to fight the boredom and be ready to work hard at learning from others’ work. It means it is time to go back to school and treat it seriously. Just like most schooling, you will not be interested in everything you need to learn in order to be successful, but it is still there for your benefit.

I may never understand why so many people try hard to become a social media expert, but it is the way of today. I can’t fight that, and I don’t try to. I can’t understand a father studying dentistry to fix his kids’ teeth, either, but if I had a dentistry school, you can bet I would try to help them.

The Cost of Social Media: Time and Money

When you take action with social media, it will cost you time and money. You can weigh them out and spend more of one or the other, but in business, nothing comes from nothing. Regardless what you may have read somewhere on a marketing blog, success does not just come out of nowhere. Success in business comes from taking action. Not just that, it comes from taking well-calculated action.

That means you will need knowledge to balance your expenditures of time and money. Good, reliable, factual, knowledge will take the edge off, regardless how you reconcile your time and money dilemma. Think of it like a shot of whiskey before the surgeon starts cutting.

Unless you are some kind of gifted alien from another planet, or simply do not care about your business, time and money have heavy influence in your decisions. Time and money are both very precious resources to a business, and so they must be allocated with diligence.

Stop Chasing Wild Geese!

Now consider that since you don’t know it all (none of us do … even Google), knowledge is an important building block. It is why we tell our kids to go to school, and it is how we begin our careers. It is hard to dispute the value of good information, but yet, it is easy to neglect it. The Internet also makes it extremely easy to lose your attention and assume that maybe there is something even better “over there” behind the next flashy, blinky, brightly colored link.

Maybe there is something better over there, but it is even more common that it is another “wild goose chase” that will send you chasing in circles. This makes it more important than ever that once you find good and reliable resources, you hold on to them and use them and stop the goose chasing.

What is the cost of sitting in front of your computer learning? Sure, you can waste a whole lot of time. There are some astonishing statistics on how much time people waste with social media. For example, did you know that Zynga, the company that produced Farmville and Mafia Wars was recently valued at over ten billion dollars? Seriously, let’s look at that valuation in numerical format … $10,000,000,000! That says a lot about the time spent in social media websites. If you are in it to help your business, avoiding the time-wasting, and finding good resources will be essential. Ten Billion … seriously, can you believe how much time people are spending playing games? That probably includes some of your competitors, so while they cultivate their Farmville farm, you should be studying!

If you are concerned about wasting time, as I am, I hope that you will take a serious and sincere approach to this. It is easy to get caught up with the mystique and the unrealistic hype of the Internet, but if you take it seriously as a business, the results can be astonishing.

The whole thought of this occurred to me when I read and commented on a friend’s blog. My friend, Mark Harai wrote an article titled “Social Media Tire Kickers – Dead on Arrival“. It reminded me of things I tell people when they ask me about my work in social media. I will share a portion of my comment, but you may read the rest on Mark’s blog.

“I tried the approach of common sense, and appealing to a brain in their heads, but it is tough for people to jump over their own barriers. Ages ago, I quit trying to sell the SEO and social media marketing services that I provide (I still sell the services … I just quit “trying”). I found that many people worry about the cost more than they consider the return, and fears devastate their business hopes.

I often suggest to potential clients that if they don’t have enough desire to build their business to spend an hour or more in my blog archive to understand the benefits of my work, they are not ready.”

Within the context of Mark’s article and with the complete comment, I think it makes sense how much I really believe in sharing ideas and helping people create value for their business. I don’t always put it in nice and comfortable terms, but you can bet that I am very dedicated to sharing good information.

There are a lot of others out there who adhere to similar values, and I want to share a short list of them with you. If you truly want to enjoy your least expensive hour in social media, do yourself a favor and spend an hour in the archives of each of the blogs listed below. I am just going to get you started with a small selection of people I respect and trust. I have a longer list, but I would like to see yours. Who do you pay attention to, and who do you think belongs on a list of good thinkers who can help progress your efforts rather than distract you? Add your comment with a link to your favorite social media thinkers who inspire you.

I included a link to the latest article from each of these blogs, but don’t assume their latest is their greatest. Take some time to learn from them and use the knowledge they have worked hard to produce for you.

I have said it before that a small amount of good information is worth a lot more than the whole Internet’s worth of bad information. Once you get the good stuff, it is likely that your money and your time will both come into a much greater balance. I hope that you will spend some time in my blog archive as well. I have written about an extensive list of topics relating to search engine optimization, social media, and other marketing issues. They may not all interest you or inspire you, but I can say without a doubt that if you take it seriously, your time will not be wasted. I am confident that you will find useful information that you can implement to benefit your business.

Some of the best lessons in social media are the ones which inspire your own thinking and your unique adaptations to their successes. When you find those, you will be far closer to your own success.

Once more, here is the link to my archive. Don’t assume it was all written just for the sake of my own ego. It is there to be helpful.

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What Did Farmers in 1951 Know About Social Media?

The 1950’s may seem like an early time for social media, but what I will tell you is the way social media has worked since long before it existed as you know it today. It is also the way social media at its very best still works in 2011 and beyond. You don’t have to trust me on this, but I think you will.

When my “Baby Boomer” mother was a little girl of five years old, her father died unexpectedly from a very fast progression of cancer. He was a successful farmer who used all of the magical farming chemicals of the day. Although the new technology kept the pests off his crops, nobody told him it would cause him to leave his family early, at only age 38.

When my grandfather died, farmers came from miles around to help harvest his crops for the sad widow and her three little kids that he left behind. They didn’t do it for self-seeking reasons, but they did it because it was the right thing to do. They were all a part of a community which came together for the benefit of one and all. They were a part of a social network that you probably never heard of, and it was called Mount Ida, Kansas.

Mount Ida, Kansas was a farming community where they worked harder than most men can survive today. They did a very good deed for my family, and they brought in the crops that my grandmother and three kids of ages three, five, and eight could not.

Were Those Farmers Just Crazy?

In today’s society, there are some people who may look at these overexerted farmers at the height of a short-lived harvest season as crazy. They left their own crops in the ground in order to look out for somebody else. This is the kind of thing that some of us are privileged to witness, and a few of us are honored to replicate.

You can say that people don’t come together that way anymore, or that things have changed and nobody cares like that these days. Sure, we see things like a homeless person being beat up and nobody coming to their assistance. We witness atrocities of all kinds. What you may be surprised to discover is how often others band together and do what it takes, like that community of farmers in Mount Ida, Kansas, and do good things for others without an overzealous hope for immediate personal or business gain.

As I said before, you don’t have to trust me on this, but I think you will. That spirit of giving and being good to others is making a comeback. It has always been an important component of business growth, but now it is more visible than ever. It is happening in social networks today, just as it was in the 1950’s. If you take a close look at social media, you will find many instances of small communities of people sharing what they can, and offering their hand to others.

Some are giving what they know, and others are giving what they have. Some are aware that by giving to others, they receive more than ever. Some just do it because they saw it somewhere else and it made good sense to them.

How Were Those Farmers Repaid?

Those farmers would not take a thing from my grandmother. Not even a hot meal. They did what they felt was right, and you can bet that their hearts swelled by doing it.

They have been repaid, in some way, and probably even far beyond just the good feelings it gave them. Doing good deeds simply cannot go unrewarded forever. It is against everything I know, and everything I believe. This concept is steeped in history, and was even the focus of my 2009 book “Living in the Storm: Creating Joy and Inspiration When Everything is a Mess“.

When you consider why these farmers did what they did, and what it repays them over time, then you understand social media better than ever before. They planted a crop within a community, and not just in their fields. They did something which made them more endearing, and showed that they were more kind than greedy.

The Give and Take of Monetizing Social Media

For as long as people have been giving, they have always had needs of their own to address. It was impossible for television to be completely free, and it took money to build those networks … a lot of money. The same thing is true for the Internet, and all of the useful information you find here. Whenever something is given, something must be returned … somehow, someday, it must be returned. It is why we have the term “what goes around comes around” and why doing good things are reciprocated in some way.

People are still talking about those farmers’ good deeds more than sixty years later. It begs the question of what we can do today so profound that people will recount it kindly in the 2070’s. Those good farmers did not intend, forecast, or otherwise expect this. Their word is still spread because being helpful was in their nature. From a marketing perspective, many companies can take a good lesson from those Mount Ida farmers.

I hope I have been a good farmer today, and that you will use this small piece of my thoughts for the benefit of others around you.

You are welcome to subscribe and keep coming back, but what I really love are those people who will talk to me. Please give me your comments.

Just one more thing! I thought I would give you some perspective, in case you wonder “where in the heck is Mount Ida, Kansas?“

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Building Equity in Social Media vs. Interruption Marketing

Interruption Marketing vs. Social Media

I know this may seem impossible in 2011, but I discover many companies that do not yet fully appreciate the value of social media and the long-term equity it can build for their business.

A lot of companies understand the value of their brand being visible in many places online, and some will understand the value of those people who help to grow its visibility. Only a relatively few actually look forward beyond the horizon to understand the greater value that social media represents over an extended time.

When I hear people say things like “we just don’t have time for all of that” or worse, “we don’t have the staff for that”, it always leaves me shaking my head. It reminds me why only a small percentage of businesses account for the lion’s share of their market. It is explained well by Joseph Juran’s well documented “Pareto Principle” named for Vilfredo Pareto. Many people know the Pareto Principle as the 80/20 Rule.

Consider the Interruption of Marketing

Think as a consumer for a moment, and consider the way you shut down to marketing. Think about how your brain just goes in another direction when companies interrupt you with their marketing and try to sell you stuff. We are each inundated by a constant barrage of commercial information about everything from A to Z in our daily lives. This is why we fast-forward through commercials on television, we screen our telephone calls, and we are seasoned to ignore advertisements on websites.

Interruption Marketing Train Coming Through

Unless you are really tired and vulnerable, you probably don’t stay tuned to that late night infomercial about something you really never knew you needed. Although, I can almost bet that you can remember a time when you thought “why in the hell am I still watching this?” Perhaps you can even remember thinking “Holy crap … I was about three seconds from picking up the phone to buy one of those” or even “Damn, I bought this … why did I buy this?!” It happens, and we each have our weaknesses, but let’s face it, we are far better adapted to turning away from all the hype. Otherwise, if marketers had their way, you would own one of everything, and you would have worthless crap in every nook and cranny, and stacked to your ceiling.

For the most part, we consumers make efforts to avoid these awkward moments which compel us to buy things. Why? Maybe it is just because, deep down, we hate saying “no”. If we can avoid the pitch, we can avoid wanting something, and thus, avoid saying “no” to our own urges, and the urges of those squillion salespeople out there.

Maybe you are different, and you enjoy that marketing interruption, but in that case, you are not like most people. I am addressing most people.

Marketing Got Sneakier With Social Media

Since there was so much information out there interrupting our days and nights, as a collective group, consumers became more cautious. We decided to make companies earn our business. Of course, the economy of the past few years has helped this along faster than ever. The timing was perfect for social media marketing to explode like a shot from a gun.

Maybe you like it, or maybe you don’t, but let’s face it, marketing got a whole lot sneakier. It became more targeted, and marketers became better spies. Effective marketing today utilizes more information, better strategies, and just a bit of James Bond 007-style of thinking.

Marketing Became Targeted and Marketers Became Better Spies

As consumers, we became more cautious and protective of ourselves. We got really smart and created clever ways to filter our television ad consumption, filter our email, and filter our social media.

In order to effectively reach us consumers, marketers have been forced to provide a greater value proposition. This is a hard concept for many companies to grasp. Today’s successful companies are giving before they take, and the ones giving the most are receiving the most.

Today, people are more likely than ever to make purchasing decisions based on trust, reputation, and a good old fashioned sense that the company gives a damn about us. We have come to expect it, and whether you feel this way yet or not, it is a sweeping trend. People want to do business with people, and with brands represented by people. The world is building relationships with brands, and those relationships are worth money … a lot of money. Missing this fact is a very costly mistake.

You can consider it sneaky, or you can consider it a welcomed gift, but brands are in our lives to stay. We will always need to buy things, and we buy from the companies and the people we feel good about. When the brand is there to help us with information, and with a legitimate desire to help us make good decisions, they win, and we buy.

Shortsighted Brands Damage Their Social Media Future

A huge obstacle which gets in the way of social media marketing is time. Companies want everything, and they want it right now. It is understandable, but when companies forget the importance and value of longevity, and when they feel the breath of their competitors on the back of their neck, they can be quite irrational.

Smart Companies Have a Social Media Vision

Smart companies look far ahead into the future. Rather than take a reactive and panicked approach to a weak quarterly report, they work with an eye toward longer goals. Strong companies can look farther ahead, and that is why they succeed farther into the future. Applying this to social media marketing means doing business the right way, and not simply with the urgency of trying to force a brand down the consumer’s throat. This means doing business on the customer’s terms and timelines, and not only in a one-way company-centric method of the past. Consumers respect companies for this, and they return with even more consumers following closely behind them.

What About Social Media Marketing Equity?

I know that for some people, it is easy to look at social media as a bunch of time-wasting crazy people who believe that somehow the world’s consumers will come flocking to their front door just by using a nice, soft approach and patting everybody on the butt with nice words. Well, maybe yes, and maybe no, but there is a very significant value in a good reputation. Reputations do not just happen … they are built. It takes a lot of effort to build a good reputation, and it takes both words, and deeds.

Anybody in business today should understand the value of word of mouth. What people say about a company, whether good or bad, forms consumer’s perceptions of a brand. More than ever before, they are not just picking up the telephone and talking to a friend, or talking about companies at a lunch meeting. They are talking about them in large groups such as Facebook, Twitter, LinkedIn, YouTube, and etcetera.

Whether the perception is good or bad, they will be talking. Either outcome cannot be controlled by a company, but when a company is not involved in their own brand message, they are missing huge opportunities. Even a negative statement made in social media is an opportunity to make things better with customers, and other potential customers who are silently watching.

People really do notice what companies are doing online. I realize that for a lot of companies, this just seems impossible, and they do not have a good grasp on how to track their reputation. Just because a company does not really “get it” does not keep them out of trouble. This would be about as silly as trying to talk your way out of a speeding ticket just because you didn’t read the speed limit sign. It just doesn’t work that way.

If you feel a bit lost about the value of social media, it is time to read the signs.

I will leave you with a video which I believe makes some very good points. I believe that this video titled “The Thank You Economy: How Business Must Adapt to Social Media” is well worth your time and consideration.

If you feel like you still have more to learn, please subscribe to my blog, and as always, feel free to email me or ring me on the phone. I am always happy to hear from readers and to brainstorm.

I hope that you have found this useful, and I would really appreciate your comments.

Photo Credits:
Skyline photo by Hackfish via Wikipedia
Train Crossing photo by Paul Heaberlin via Flickr

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