Social Media Marketing Archives - Page 6 of 24 by Mark Murnahan

Bashing SEO and Social Media Experts: Humor or Hazard?

I had to ask myself whether this is humor or hazard for me to give a swing at our ever-increasing population of SEO and social media “experts”. I guess the idea gave me just a little guilt pang at first, because I always heard that I should treat people the way I want to be treated. Who am I to tell anybody they don’t have what it takes?

Then I grinned from ear to ear, tucked my sweet love-everybody nature back in my shorts, and put my middle finger in the air. After all, this is not “biting the hand that feeds me” … this is harsh and very real truth. This is about educating, and saving a few lucky others from huge disappointments. This is about shining a spotlight on liars. This is a glimpse of reality! In fact, it is a reality that I intend to illustrate for you very clearly.

Are All SEO Liars?

No, not all search engine optimizers are liars. There truly is an enormous value in the trade, but because of that, it has attracted a lot of liars. Any good SEO knows that there is no reason to lie about the service. They may even help you to understand the most common lies of the industry. For example, here are a couple useful articles: “7 SEO Lies: How to Know When the SEO is Lying” or Good SEO vs. Bad SEO: How to Tell the Difference. Each of these include objective means to weed out the liars and cheats.

On the other hand, many self-proclaimed SEO will make claims like the one I found on Twitter pictured below. I am only listing one, but not because I have a problem with this one in particular. I just picked this one at random, but I actually dislike all of the squillion others out there lying to people about SEO. I just don’t want to waste more time making a huge list of them.

The Classic 2000 Website Visitors Per Hour Pitch

Khubah Jogja offers the opportunity to “make money online” and “get 2k visitor per hour”. That’s great, right?! I guess it may sound great, but then I checked out this Twitter user’s website and imagine what I found … some reality! The funny thing is that they actually have their website statistics viewable to the public using a service called “whos.amung.us”.

The biggest hour I found was three visitors, and the maximum visitors in a day was sixteen. In the image shown here, the one visitor represented was me. That is kind of a stretch from 2,000 per hour.

I don’t want to leave this up for too much confusion, so I checked with Alexa, Open Site Explorer, and others. Two thousand visitors per hour was not to be found. Then again I knew that already when I saw the article claiming that keyword meta tags make a big influence in search ranking. Not just that it was total crap, the article was not dated 1998 … it was from this year! If you think that old meta tags pitch is true, it will serve you well to read “SEO Meta Tags: Oh, You Must Be Another SEO Expert!”

Social Media Expert / Cattle Farmer

Perhaps not every instance is so extreme as the social media strategist / cattle farmer depicted here, but I really need to share this with you, because it almost made me pee myself with laughter and sob at the same time!

It is funny, but actually sad when you think of how widely accepted total confusion has become in social media.

I know that farming and ranching is hard work. It is really tough to get ahead in that industry, so why not augment the income and work as a social media strategist? That may just be the perfect fit!

Social Media Strategy ... or Cows ... We Have it All!

Yes, you can call me a jackass for singling this poor dear out. I mean, after all, at least she didn’t use a picture of some young hot chick in her profile, the way so many others do. In fact, she looks downright sweet, and wholesome. She is probably a really nice person, too … but she is also lying to herself and others. Her appearance would absolutely not turn me away if I was in the market for cows and chickens. Social media strategy, on the other hand, requires something other than just being sweet.

According to her website at “Lynda’s Social Media Strategy“ she is suggesting to “Use Social Media to Promote Your Business”. She even has descriptions and very low prices for her services. It includes pricing for a service that I pointed out as an absurdity and largely a rip-off a while back when I wrote “Hourly Rate for Setting Up Social Media Profiles?!”

How We Do it Down on the Social Media Strategy Farm

Contrary to her own advice and service offerings, when I clicked on the social media links on the right side of her page where it says “Follow”, I found a non-existent Blogger profile, the link to edit a LinkedIn account, links to Digg and Delicious (but not to a specific profile), an incorrect Feedburner link, a Facebook personal profile with 28 friends, a MySpace account, and a Twitter account.

Being a social media strategist, you may think she would use social media a lot. She was pretty scarce across the board, but I enjoyed this example. Within the Twitter account, the last five updates included a lot of weather change as follows:

“Snow outside. Good time to do some ghostwriting.” (on 20 January)

Then, five tweets and six months later …

“It’s hot no rain pasture’s drying up feed bill going up everything’s going up except my pay. Oh well…could be worse.” (on 19 July … earlier today)

I thought to myself that maybe she is actually doing what she says, and using her social media strategies for her own business down on the ranch. No, there was not a single social media instance of anything whatsoever at the Belle Manor Farms website. Go ahead … see how Lynda’s social media strategy is working out for her. Check out the Lynda’s Social Media Strategy Facebook Page that I only found after looking it up on her personal Facebook profile (not on her website). Maybe you could give it a “Like” for sympathy, since nobody else has.

Perhaps I’m just not clear on this yet, but it seems that Lynda, like so many others, is struggling with confusion of the difference between social media strategy and social media tactics.

Now Let’s Bash Murnahan

I know I may seem to be a real jackass when I ask questions like “Why Do You Want to Become an SEO and Social Media Expert?”

Maybe I’m just jealous of them for having a lack of a conscience. Maybe I’m bitter with them for becoming experts without actually having to spend decades to learn about marketing. Maybe I’m pissed because they get to have fun jobs outside of the Internet, while I am stuck here all day as CEO of a decade-old Internet company.

Sure, if I could have done it so easily, I would have a lot less gray hair today. Let me explain something for you, though, before you start calling me names.

Just because a person has a new computin’ machine does not mean they have an equal shot at this mythical money generator that people make the Internet out to be.

Just because “everybody” said you will miss huge opportunities by not being on Facebook, Twitter, Google+, and the many other social metworks, it does not mean those “huge opportunities” are what they told you, or that they will come to you without equally huge effort.

Maybe “everybody” was exaggerating just a tiny bit when they said you would “earn millions online … easy … in your pajamas!” Maybe “everybody” was not lying to you, but just made it a little easier to lie to yourself.

There are a lot of damn liars out there on the Internet! Worse yet, the online marketing fields of SEO (search engine optimization) and social media marketing have them breeding like cockroaches. I think that an astonishing number of them are lying to themselves.

I hope you don’t let them lie to you, too. There are no “innocent victims” in these cases, because we each have the same opportunities to gather due diligence. The victims are better described as “ignorant victims”.

So, was it humor or hazard that I chose to share this with you? In my opinion, the humor is that anybody could actually be fooled by such absurdities. The hazard is that such absurdities even exist.

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Social Media Goals and Complications of Winning

I just read an article from a great business coach and friend, John Falchetto. It related business to sports, and the importance of keeping your eye on the prize, rather than just the challenges that come between you and your goals.

His article got me to thinking about how people’s perceptions of winning are drastically different. John’s article, “How to Get Past Challenges”, included a video of Lance Armstrong racing in Tour de France 2003. Unless you’ve been hiding under a rock, you have probably heard of Lance Armstrong. He won Tour de France seven consecutive times, even after surviving testicular cancer. That is a huge accomplishment, and he obviously knows how to win.

In the video, a competitor, Joseba Beloki, crashed right in front of Lance. Without hesitation, Lance found a way around the complication to achieve the win. Winning is what he does. He sees beyond obstacles of nearly any magnitude, and does not let them get in his way. Here is the video, so you can see it for yourself.

Armstrong swerved around the downed rider to continue in the race. He was focused on winning, and he surely had a picture in his mind of crossing the finish line with another victory.

Here’s the deal: In order to win in a competitive environment, it takes focus, and drive. You have to see it, feel it, and really want it to make it happen. In fact, you have to see it, feel it, and want it enough to overcome obstacles.

Sometimes the toughest obstacles come in the form of people who will hate you for winning. Whether it is a competitor, or just another cynic, some people really will hate you for winning … if you do it enough. Lance Armstrong has certainly taken a whole lot of criticism for winning, including relentless accusations of using performance-enhancing drugs.

The Psychology of Winning

The psychology of winning has been the topic of about a squillion books, and other studies. It should be little surprise that only a small number of them were actually created or inspired by “losers”. Oh, they have surely lost many times, but their perseverance continues to drive them to win. Some people hate them for that … I mean really despise them. Success polarizes an audience, and as much as it may be wrong, it brings people together, and it separates people. You just can’t make everybody happy … so stop trying! The ones who do appreciate your goals and your efforts will appreciate you even more.

When it comes to social media, that cynicism has very fertile soil. In fact, I wrote about the power of cynicism in a still-relevant 2009 piece titled “Self-Promotion: The Ugliest Term Ever!” This article was taken from one of my books, and it addressed the hypersensitivity of people when it comes to a marketing message. Some people will really hate it, and some people will understand that marketing is what helps companies progress toward better things. After all, without marketing, how many of the great products in your home or business would you own today? For that matter, without marketing, nobody would ever go on a date, get married, or carry on the species. We must market our goods and services in order to succeed, or even survive. That means showing what we have to offer, and delivering it to the right people, just to get anything in life, from a job to a mate.

Winning is a very tricky thing, and our individual psychology surrounding success is one of the biggest obstacles. I could write a whole book on the psychology of winning. Come to think of it … I already did! It was titled “Living in the Storm“, and I put a whole lot of experience into that book. I have won … a lot, both as a highly trained race car driver, and as a 15 year old school dropout who retired at 25, screwed that up, and came back to create a very successful corporation. It took a lot of losing, and a lot of scrutiny from people who hated me for those things.

Look at that … I just promoted two of my books in under a minute. Doesn’t that just piss you off?

Overcome The Cynics … They Aren’t Buying Your Lunch!

In a real-life instance of trying to please everybody, versus doing what is good for my readership and for myself, I’ll give you just a brief and recent example of cynicism. Remember, the cynics are not the ones we care about in marketing … the ones buying lunch, or the ones who know the ones who are buying lunch are what we care about here! The others will run you down, and they are obstacles. They often hold you back from doing the things which are best for your business, and they are clearly not there to feed your kids.

Perhaps you saw my snazzy new popup on the way here. In case you missed it, the popup looks like the image below. If you have a weak stomach, you may want to cover your eyes and scroll past this. It is pretty offensive!

A screenshot of this recent addition to my blog showed up in a Google+ post by my friend, Jeff Gibbard. His initial comment was “Nice new pop-up. Been thinking about doing something similar to increase subscriber count. Is that a WordPress plugin?” He was curious about using it on his blog, Social Media Philanthropy.

The next comment on the post was from Paul Mosenson, and it said “That is cool. I;d like to learn how he did that as well”. Paul’s comment inspired me to write a tutorial on it … one of these days (if you like it, be sure to subscribe, and I’ll show you how to do it). It is not a plugin, and since I am a programmer, I found it pretty easy. Surely I can help to make it easy for others, too.

Another comment was overwhelmingly negative, as if I had claimed to be a fan of Adolph Hitler, son of Sadam Hussein, and dear friend to Osama bin Laden … and then told him he had ugly kids and a slutty wife. I expected that mentality from some people. After all, it may actually serve my interests, and that would be … well, it would be … HORRIBLE! Yeah, getting something for my work … like somebody new to connect and network with, or a prospective client, or somebody who liked my work enough to pass it along to somebody who needs marketing help … that would probably kill teddy bears and make unicorns cry.

The point is that the people who made it beyond the horrendous insult of the popup are the people I care about. It takes under a tenth of a second to click any blank part of the page to make the popup go away (for a week), and it has boosted my subscriber rate at a significant level. Has it made people click away? It doesn’t look that way so far. Will it drive away the people I care about, or the ones who are actually buying my lunch? Heck no, they want to be here, and they appreciate the reminder to keep coming back, because I have something useful and interesting to say. They have interests in our mutual success, and they care that I keep doing what I do to help them, just as I care to keep helping.

In the end, there is a big difference between good business-building and the ugly mistakes that I wrote about a couple days ago in “5 Spam Tactics Good People Use to Kill Business Efforts“.

The difference is quality, but if you let people hate and intimidate you away from doing what your business needs in order to grow, they will be eating a lot better than you.

Do what you need to do, and do it with quality. Leave the “pleasing everybody” to the competitors who are willing to destroy their return on investment by pandering to people who really don’t give a damn about them anyway. You want the ones buying your lunch, and I do to.

If you see your life’s work the way the cynical people do, you are wise to sleep in a coat of armor and wake up ready for a fight. On the other hand, if you embrace the joy of a happy waiter, and do your very best job to serve the people who matter, your success will be measurably greater than the hateful others hoping to dictate your future.

If you didn’t hate this, and if you have an eensy bit of respect for the thoughts I shared here, tweet, Facebook, email, and Google+ this to those people for me, will you please?

If you did hate it, please add your comments to express your dislike.

Photo Credit:
Lance Armstrong by Angus Kingston via Flickr

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The Biggest Blog Failure Ever

You may be thinking I am going to write about some huge blog scandal that embarrassed a CEO, relieved somebody of their U.S. Senate seat, or made somebody in Hollywood look like a complete loser in some way. Those stories are abundant, and even quite popular, but they bore me. I’ll save that for the day when I crash my head into a speeding train and decide that there is value in luring brainless zombies to read my blog.

For the time being, I still plan to write for you business brainiacs who care more about building a business than the latest juicy gossip or fad-of-the-day.

Today, I want to discuss an even far more punishing type of blog failure that comes with either having a blog without a strategy, or not having a blog at all. First, for anybody muttering some nonsense like “Pffftt … Blogs, schmogs … who needs ’em?” you may be wise to read “10 Really Good Reasons to Blog“. In any case, just hold your seat and pay attention for some eye-opening considerations.

Maybe you think a blog is just for making an online diary or to directly promote something, but take a breath and give me your attention. I want to start by pointing out some different types of blogs and their respective social media strategy.

Types of Blogs and Blog Strategies

There are obviously many different types of blogs, and each has its own strategy. I cannot list them all here, but I want to give you examples. Some of them are just for the purpose of bringing squillions of people to click on something brain-numbingly stupid to waste their time. Other blogs are designed to help brain-numbed people to believe that the Internet will give them “easy money”. We all love these blogs. I say “we all”, but the ridiculous numbers don’t lie. In fact, check this out … I brought some numbers!

Brain-Numbing (but Hilarious) Blogs

These are some very successful blogs, but many people do not even comprehend where the success is. They are ad-supported, and some sell shirts, hats, and other stuff, which is fine, but it takes a lot of visitors to make money this way. I mean a lot! If I had to guess their revenues, I would bet most of these earn their company a lot more money than your company blog. They are spending a lot more on personnel, too, because that is often what it takes when a strategy requires huge traffic numbers.

icanhascheezburger.com: As the home of “lolcats”, the “I Can Has Cheezburger” blog appeals to people’s love of cats, and it brings people back frequently to look for the latest funny stuff cats are doing. It is working like a charm, too. The website is ranked in the top 1,000 websites visited by Internet users in USA and in the top 3,000 in the world, according to alexa.com. The Internet collectively says “we love this stuff!”

failblog.org: “Fail Blog” fascinates readers around the world with the astonishing stupidity of people. General “run-of-the-mill” stupid people doing stupid things is a sure bet to help otherwise productive people to melt brain cells and burn hours. Fail Blog is ranked very similar to icanhascheezburger.com, and is a part of the same extensive network that reports more than 20 million website visitors per month. Cheezburger Network takes about 65 people and a lot of money to manage it well. If you don’t have that kind of manpower, creativity, and dollars, this strategy probably won’t work for you.

peopleofwalmart.com: How could this one possibly fail? “People of Wal Mart” lures people in by the nose and helps them stick it high in the air. Even a brief look at the People of Wal Mart website will show you how much better you are than those horrid looking creatures cruising the aisles of Wal Mart stores. This website is roughly in the top 2,000 most visited websites in USA and in the top 10,000 in the world. Yes, we really love to make fun of people … especially when we can see how clearly “better” we are than them.

It May Be Funny to You ... But Just Keep Laughing, Sucker. I Can Has Money!

Socially Numbing Blogs

People love to read about social media. Although there is no obvious correlation between wasting time reading everything you can about the latest iPhone apps or social media corporate buyouts, these blogs are taking it all the way to the bank! Don’t take this all wrong, they have some reasonably good information sometimes, but between the overt brand bias and repetitive drivel, I feel compelled to announce these with a bit of a snide slant. In any case, they are about as popular as bacon.

mashable.com: This social media giant is astonishing! Mashable is a time-sucking cult favorite of glassy-eyed people hoping to be on top of a social media wave. It commonly ranks in the top 200 most popular websites in the world. Why? Perhaps it is because the whole world wants to become a social media expert by reciting what they read at Mashable. As long as this is the case, it will be wildly popular. If you want to know which technology company is doing what, or which iPhone app is better, it is fine. Click on an advertisement while you are there … they love that!

techcrunch.com: Tech Crunch is kind of like Mashable with a bad toupee. They have a couple reasonably decent writers with good intentions of reporting on technology issues, but let’s be serious … will that make you an expert? I guess it is great if you want to know which online game company was just purchased for a billion dollars, or the new fads in cell phones. Will you really do more business if you read everything Tech Crunch reports? The answer is “probably not”, but if you want to sound impressive to a non-paying audience, you may want to retweet everything you see there, and expand upon it in your own blog. Just don’t plan on getting rich that way.

Socially Engaging Blogs

It is a very popular myth that “engagement” in a community is a key to online success. It has its high points, but it also has some pretty big downsides. Note that I did call it a myth.

Being engaging and engaged can provide amazing benefits, but without an appropriate strategy, engagement still fails miserably from a business standpoint. If you are just engaging an audience because you think it will bring success, think again. You can have a squillion buddies, but if it has no relevance to your business strategy, you can spend a lot of time being unproductive with those buddies. You may not like it, but that is the harsh truth. I can be your friend, and I may even help you to spread the word about those awesome knitting needles you are trying so hard to sell, but I only have so many friends interested in knitting.

I wrote about some engaging bloggers recently, and they provide great examples of reader engagement. These bloggers are hard-workers with a lot of talent, and they can show you some fine points. Here is the list of “9 Bloggers Who Teach the Value of a Strong Blog Community“. These blogs generally don’t need huge numbers of readers, and are often very targeted toward specific topics that attract specific readers. This is commonly a much more readily achievable type of blog strategy for individual bloggers or small companies.

Building relationships and engaging with others is very important in building an online success, but it is still not a magic success potion. Sorry pals … but somebody had to say it.

Commonalities of Failed Blogs

Back to the story line, I want to submit that there is not just one single thing that will make a blog successful. The biggest missing piece I see among unsuccessful blogs is a strategy. Popularity is great, but it takes a lot of work, and usually a lot of money to make a blog popular enough to succeed on traffic volume alone. Carefully curated content geared toward a popular topic is a way to become popular, but that can still fail if there is not a targeted and well-defined expected outcome.

I see it all the time that the first reaction of companies who don’t see great results from their blog is to give up. Instead of making the needed strategic adjustments, they assume it was a bad idea that just doesn’t work.

A truth that most people are slow to accept is that if the blog isn’t paying the bills, it is not the Internet public’s fault … it is their own. In the case of most blogs, and statistically, probably even yours, the results are a bit less than hoped for. So, do you give up, or do you shift gears?

It is easy to see common factors of successful blogs. Some of the blogs I mentioned have a sizable staff that work hard every day, others have a small staff of one. They are diverse, but each of them have some things in common. They each have a strategy, and they each understand that nothing comes from nothing. Doing “nothing” is popular, too, but that is probably not a good strategy for you.

A Competitive Strategy

A strategy that is extremely popular and competitive is to rub a genie’s lamp, keep your fingers crossed, knock on wood, pray like a nun in a whorehouse, and hope that your blog will somehow become a huge success without hard work. That is just dandy, but it is a pretty weak attempt that usually yields even weaker results.

So, in case you may wonder, what is my strategy? After all, it would be silly to write about it if I didn’t have one. I cannot tell you the whole thing, but I can at least give you enough to help get some thoughts flowing. Maybe you can pick up some ideas about your own strategy if I share some key points of my own.

Blogging is Competitive and Requires Strategy

Is it the ads? No, they barely pay for my coffee and cigarette bill. Is it the cozy notion of having a squillion friends who will send flowers when I die of starvation from blogging instead of working for a living? Well, not exactly, but you are certainly welcome to send donations to The Murnahan Memorial Fund, c/o Widow Murnahan, PO Box 4426, Topeka, KS, 66604. Widow Peggy thanks you in advance.

I take a mix of each of the above approaches, plus some other special considerations. I discovered, long ago, that when I write things that people find useful mixed with amusing (or at least not dreadfully boring), and I make good connections with people, they share it with others in their social circles. That helps me to achieve my objectives of tens of thousands of incoming website links to my work, high website traffic, and ability to rank extremely well in search engines for darn near anything I choose to target. This also helps me to establish credibility as an authority in my industry and provide irrefutable proof that I am very good at my job. This is a pretty sound strategy, overall, and it can apply to many other types of industries.

Each of these things help more people know to my work. Some of them will realize that this Murnahan character has uncommon talent and is quite good at creative marketing. A tiny few of my readers will realize they could do even better with additional professional help, and they contact me to develop their marketing strategy, and to execute the plan. That is how I get paid. That is my success. You didn’t actually think I do all of this because I’m bored, did you? Most bloggers don’t work so hard just because they have nothing to do.

The Worst Blog Failure in Summary

In concert with a previous article about reasons to blog, I also explained reasons blogs fail. I may be the only person that this amuses, but if you search Google for either of the terms I just linked to (reasons to blog and reasons blogs fail), you will find my work quite readily. That would never have happened if I didn’t write something about it, implement my strategy, and execute it better than others.

Doing nothing, or doing something without conviction is an easy path to giving up. The same holds true for anything from talking your first love out of their pants to talking your next customer out of their money.

How is your strategy coming along?

Photo Credits:
Cat in a big box by CelloPics via Flickr
Shaved Cat by Jamie (ajmexico) via Flickr
Cat on bird house by Josh (joshme17) via Flickr
Roslyn_cat by Joshin Yamada (ocean yamaha) via Flickr
Fail Cat by Tara Hunt (miss_rogue) via Flickr
Doomed by Robin Corps (robad0b) via Flickr

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Social Media Emphasizes “Pay Now, Play Later” Mentality

Have you ever heard the term “Pay now, play later”? Sure, it probably sounds familiar, right? It means that you pay your dues, and then, cash in your rewards later. Just ask a successful business person about this, or ask a parent. Most parents try to instill this mentality in their kids with something like “Do your chores, and then collect your allowance.”

This old school work ethic is a popular way that success is taught, even at the lowest levels of education, but we have a new school, now. We have a school that teaches success in overtly misleading ways.

It is astonishing how many people approach me with their marketing concerns and have this all backward, so I decided to share some thoughts with you. Not just thoughts, but experience … earned experience. I see it a lot more in small companies, but no size of company is immune, and we can witness this in Wall Street news stories every day. It is the needle that makes economic bubbles of all sizes burst.

Is Your Company a Job, a Career, or a Slush Fund?

Let’s have a glimpse at reality. You are probably not wealthy. Oh, you may even be “rich”, but I am a numbers guy, and I’m betting that you didn’t just send your butler, Charles, to bring you another chilled bottle of Dom Peringnon and a dish of beluga caviar.

The fact that you have read this far should perhaps tell us both that you have some serious moments of introspection, trying to figure out why all of the purchasing public does not understand the things you see so clearly. Your stuff is the best on the market, but yet, Charles is still just bringing you another Bud Light and some pretzels.

What in the heck is wrong with this picture? Well, here’s a tip: Charles isn’t messing it up … you are!

Yes, I know How Easy it Can Be

I am amazed and amused by how often I see business leaders rip off their own future to have some of that fun right now. They are playing now, and paying later. It is a lazy formula for disaster, but very popular.

I’m not going to claim that I am innocent. I have wasted more money than some small countries, so I know how easy it can be to rob yourself. I am trying to warn you and encourage you, so I hope you take this seriously.

People who treat their company this way are often paying quite dearly for it, with “opportunity cost“. It is worth being conscious of this, whether you are that business leader, or just a random employee behind the scenes. Either way, it can significantly screw up your future to ignore this behavior in a company.

Let’s Think About Opportunity Cost

Opportunity cost is the cost of all the missed opportunities that companies endure, and the examples are abundant. In simple terms, just try to add up the lost potential for referral business for every customer that goes elsewhere. Then, imagine the loss of market share over time, as their referred business sends referrals to the competition … and so on.

I see a lot of people damn near stroke out and die right in front of me when I tell them how much money they should logically be investing in their marketing. It really scares the heck out of a lot of people. Why does it scare them? Probably because, based on their limited experience, they imagine a marketing budget as risk capitol, rather than understand it as the most mathematically and scientifically sound thing they can do for their company. Many people are fantastic at their job, but if you throw them into marketing, they get ripped to pieces. They already saw failure, and they don’t need another financial bloodbath like that!

In case you missed that link I offered up a moment ago, let me tell you what Wikipedia says about opportunity cost. If you think about it, this should be what really scares companies. Brain-up for a bit … here you go:

Opportunity cost is the cost of any activity measured in terms of the best alternative forgone. It is the sacrifice related to the second best choice available to someone who has picked among several mutually exclusive choices. It is a key concept in economics. (more about opportunity cost)

When you look at it this way, it really sounds expensive to ignore the best possible alternatives, right? You bet it is! It is money that is flowing right on by and floating somebody else’s yacht while Charles gets your canoe ready for you.

How Does Social Media Add Emphasis?

Social media marketing is so frightening to some businesses that they are afraid to invest in it. Others are taking great advantage of the medium. If you look at the vast difference in potential opportunity cost between the two options, you can see how it emphasizes the loss or gain at both ends of the spectrum.

I want to be fair here, and give you an upside and a downside look at this. There is an amazing assortment of people to meet, interact with, and socialize with in the realm of social media. There are a lot of creative ways to gather market data and promote products and services using social media, as well. It can lead a company to great opportunities of all sorts. It can land you a great new customer, employee, or even a wife, three kids, and a corporation.

Social media is also very misunderstood by many, and from a marketing standpoint, a lot of people would like to imagine it as “free marketing”. Even just today, I was introduced to somebody, and I couldn’t make this up if I had just dosed myself like an under-aged hooker in a war zone … an exact quote was “The beauty of Mark is that he is the best and he’s free!”

Are you kidding me? I don’t even begin to market a company without a bare minimum … and I mean an “I owe you big time for saving my life from that charging grizzly bear” retainer fee of $5,000. It is usually a boot full of bear piss and swollen underpants full of “oh crap” more than that.

Now, although I would argue that she may have meant “free”, in the sense that I will not take money from a company unless I am confident that we can work well together and that I can provide them a huge return on investment … I’ll give her that. If she meant that somebody can get a lot of value by sucking up some of my experience like drinking free grape soda through a garden hose, that’s cool by me. She means well, and she knows that I do, too!

The cost of business is frightening and often frustrating, but only until you understand that a business is an investment. It requires tough decisions, and a good investment and reinvestment strategy. Making money takes money, and continuing to miss opportunities by seeking a cheap solution is like trying to dig your way out of a hole.

Social Media Can Destroy a Company

There, I said it … social media can destroy a company. It may not hit all the major news outlets, but I would put a good bet that it has helped more than a few into an earlier bankruptcy, or a complete failure.

It sounds crazy, right? This amazing saving grace we call the Internet could actually do harm to a company? It is very true, and it really happens. It is often a last refuge of absurd hope that setting up social media profiles will help a company out of trouble, or that this magnificent Internet can absolve a company from making good business decisions.

When I see people with starry eyes about the easy money online, it really brings back days in the early 2000’s when I was marketing for an Internet services company. It sounds a lot easier than it really was. I was marketing wholesale services to Internet access providers and web hosting companies. In the instance of my most satisfying online success story, I frequently had to lift the CEO by the ankles and shake him for every coin in his pockets to get the investment money needed to ensure his success.

A few years into the project, he could actually make better decisions about the corporation. He eventually even set his sails toward a young retirement, and after many years of paying heavily, he started playing (like a rock star). He paid himself handsomely. The corporation allocated $250,000 per year to fund his race team, $50,000 per month for “other miscellaneous business expenses”, and set him up pretty nicely. When he decided to buy a new home and asked the banker and accountant if he was spending more than he should, they literally said “If you want to buy every house on both sides the street, we will be happy to finance it for you.”

So, surely with an income in the top fraction of a percent of money earners in USA, and worldwide, that is a reasonably sensible time to stop investing in your company and soak in some significant leisure. A leader must eventually enjoy the lion’s share of the rewards someday, after all.

Oh, but there is still an “Unless Clause”, which explains that unless you are zombie-stupid, or high on arrogance, you must keep investing it well.

Damn it like mad, but the worst scenario still happened to my client. Corporate suppliers started laying off, killing services, and slaughtering his customers. He ended up losing millions in corporate equity, going back to working hard to earn a living, and teaching people like you to invest well in your company … even until the point when it nearly breaks you.

If you wonder how important it is to invest wisely today, to see a good future tomorrow, just ask that CEO about it. He has built many companies into huge successes. Best of all … well, aside from the fact that he is absolutely not free, you can reach him right here.

If you want to know how much it really takes to be successful, or how much it can hurt to stop looking ahead, you need to read the book “Living in the Storm“. If you were paying any attention at all, you will recognize the author. 😉

Photo Credit:
Playing in the Fountain by Tim Schapker via Flickr

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Is Social Media Marketing the Hardest Job?

Is Social Media Harder Than Ditch Digging?

When you think of the hardest jobs ever, you probably don’t think of social media marketing. Maybe you think that digging ditches would be harder. Maybe you will even think it through a bit more and imagine that working with terminal patients in a children’s cancer ward, or hunkering down in a fox hole and hearing enemy troops coming close would rank right up there as the hardest jobs. Oh yeah? Well, let me tell you about the job of a social media marketing consultant and strategist.

People are very selfish by nature. They don’t always think about the others around them. It is ingrained in each of us, from the very beginning, to preserve ourselves and to do what we can, to get the things we need. By default, we think of ourselves, and our own preservation, above that of others. After all, we are less equipped to help others if we cannot help ourselves first. Acting otherwise is a learned trait, and still must come with oneself in mind. Unchecked altruism would actually have devastating consequences.

This selfishness often has skepticism closely in tow. Worse yet, it is common that once people have just enough of those things they need, or fail at something enough times, a mechanism of apathy kicks in, and they stop caring. They stop seeking more for themselves, and they become complacent.

If you mix the naturally occurring selfishness, apathy, and complacence all together, you have a recipe for some really dreadful results. These results are so common that it often takes someone with specialized training and experience to clean up the mess. The best social media consultants have this training and experience.

The job of social media marketing is to crack the human code, discover human emotion, and move it!

Maybe you thought the job was to just tweet some stuff on Twitter, put your ads on Facebook, or set up your social media profiles the right way, but that is not how successful marketing is done. It is not even close.

The Job of Social Media Strategist Gets Messy

To perform the job successfully means we have to reach into the messy inside of human nature and human desires. The job includes studying how to bring others to a desired action based on an emotional response, and not just on an individual basis, but as a pack. A well targeted pack, at that.

Without defining who the customers are, understanding what they will respond to, and getting their emotions on board with your plan, it is like herding cats. You will never get what you want that way. Well, maybe what you want, if complacence has already set in, but certainly not what you could have. That brings up perhaps the worst challenge between a marketing consultant and their client, to instill the mindset that is required to want more. It means helping clients to remove their own barriers of apathy, skepticism, complacence, and the fears they create. It is especially frustrating when you know damn well they can have it, and you can deliver it, if they will just heed good advice.

I have studied a lot of psychology, and my studies have left me with little wonder why there are so many psychiatrists who are totally bonkers. Getting inside the mess that is the human mind can be very rewarding, but also very punishing. When you gain insights about why people work the way they do, it is easy to over-analyze everything from why people riot over a hockey game in Vancouver, to why apathy is easier than giving a damn. This is an arduous line of work for anybody!

Social Media Consultants Are Apathy Slayers

The job of successful social media marketing is a lot more than what people imagine it to be. It is not just the simple tasks that it may appear on the surface. It is a deeper look into apathy, and how to bring people to overcome it. This is an important part of how we deliver more happy customers to our client’s businesses.

In the job role of a social media marketing consultant, we must overcome apathy from our client’s customers, but that is the easy part. From the perspective of selling this as a service to clients, their apathy is enhanced by their skepticism, and solidified by fear. It becomes bolstered by their confusion of the difference between implementing a strategy versus wasteful tactics. That is where the line is drawn between the average social media marketing and the marketing that builds true success.

The point when you understand a market is when it can become a quest to “heal them all”, and to help them understand the little ways they are broken. It also must be done without them even realizing you are doing it. If they realize it, their skepticism may kick in and ruin even your best intentions.

Is Social Media Marketing Really So Hard?

So, how in the heck can this job of social media marketing consultant and strategist be worse than that nurse holding the dying child’s hand as she desperately wants the child to eat another bite of Jell-O? How can it be worse than the soldier with every nerve on end as his friend’s miserable body gives up the fight, right beside him? That must seem ridiculous, right?

It isn’t harder. I made that up. It does not even compare. I love my work, and I find it extremely rewarding. I must say, however, that helping people to feel something, and bringing them beyond their own apathy and skepticism is a challenge most people are thoroughly unprepared for. That is why I am hired to do the work I do.

Once you reach inside the messy mind of your market, you will find it much easier to ask them to donate to cancer research, provide support to hard working soldiers, or in this case, gain control of their own apathy and take the next step to improve their marketing efforts.

A truth that I have realized over more than two successful decades in business, performing every role from a sole proprietor, to a corporate CEO, is that success is something we demand for ourselves. I quit rubbing lamps, knocking on wood, and wishing on lucky stars many years ago when I noticed that successful business comes with mathematical projections, and also overcoming psychological obstacles. That means the ones our market imposes, but even more profoundly, the ones we place upon ourselves. That means getting to the messy insides, and that may not be the hardest job, but it is one that crushes a whole lot of dreams.

Most people who read my blog want better results for their business. It would not make much sense to be here otherwise. That is why I brought you here for this discussion. I can provide you with a lot of great free tools and thoughts to help grow your business. If you really believe in your company strongly enough, and you can put aside apathy, skepticism, and complacence, you will do much better. If you are having trouble with that, I welcome you to contact me to show what you can achieve with professional help. (Yes, even if you think you are my direct competitor.)

Until then, be sure to subscribe and keep picking up useful tips that can help you to help yourself.

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