Nowadays it seems like there are plenty of "social marketing experts" for hire. The explicit (or implied) promise is that if you get enough posts, likes and tweets, these modern-day wizards will magically solve your business problems.
This reminds me of the late 90s dot.com boom, and the promises I heard back then. Phrases like:
"It's a new era in business.... just get enough 'clicks' and 'eyeballs' to your website, and the profits will take care of themselves."
That advice didn't work real well for a lot of companies. Such as Pets.com... Contentville... Flooz... Kozmo.com, and other victims in the dot.com boneyard.
Clicks and eyeballs weren't enough to keep them in business. They still needed old-fashioned things like sales and cash flow.
A book was written about this dot.com graveyard by Phillip Kaplan titled F'd Companies. It chronicles the Alpha and Omega (beginning and end) of multiple companies with no product... experience... or realistic business model. Just hot air, blue sky and empty promises.
Todays 'tweets' and likes' seem to be the equivalent of the late 90s 'clicks' and 'eyeballs.' I'm not sold on the idea that if your Fan page is popular enough, you'll convert enough folks to purchase your product or service. Or that you can effectively communicate your marketing message in 140 characters or less.
I realize that you can write a short tweet or post that can get someone to a website or landing page. Social Media can be part of a sound marketing strategy, but it's not the be-all / end-all to your business challenges.
The biggest whopper I've heard from the Social Media Kool-Aid drinkers comes from the Head Twits themselves, Ev Williams and Biz Stone. Speaking last month to the "Tech Crunch Disrupt" conference, they had the chutzpah to tell capitalists in attendance to 'Stop stressing about how your business will make money. The money will come."
Ah yes, the Field of Dreams approach to business. Brilliant!
This quote is the leader in the clubhouse for the biggest load of BS I've heard in 2012. It's terrible advice, defies business fundamentals and common sense.
Why do I bring up the F'd Companies book and the Twitter quote? Because technology and good intentions aren't enough aren't enough to be successful in business. You have to put in enough consistent effort, and make sure that effort is guided by a sound business plan and fundamentals.
It's not enough to be a Facebook / Twitter / Other Social Media Outlet marketing expert... you have to know the fundamentals of good marketing to be considered an expert - or at the very least competent.
Preferably if you've learned those fundamentals from folks like Claude Hopkins and his book Scientific Advertising... John Caples and David Ogilvy, to name a few. Or more modern-day marketing wizards, such as Jay Abraham, Ted Nicholas, Gary Bencivenga, or John Carlton.
You really need to know the market you're selling to... what product or service(s) said market really wants... and what will motivate them to buy said product or service. If you hire a marketing consultant or copywriter to increase sales and cash flow, they darn well better know these three things - or else you're probably throwing your money away.
The moral of this story? I'll say it again: It's not enough to be a __________ marketing expert, and it's not the medium (or media) that make the difference... it's the rock-solid, time-tested marketing fundamentals put into action.
They've worked for all kinds of companies for over 100 years, and they can work for yours too. Give 'em a try. If done correctly, I think you'll like the results you see.
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Showing posts with label john carlton. Show all posts
Showing posts with label john carlton. Show all posts
Thursday, October 04, 2012
Monday, March 22, 2010
How Social Media marketing Is Like Internet Marketing...
Unless you've been living under a rock, you know that Social Media sites such as Facebook and Twitter have been booming in popularity and "buzz." Plenty of self-proclaimed Social Media "gurus" have been trumpeting how great SM is from the highest online mountaintops.
Don't get me wrong - SM is a great way to increase your online network, and connect with more people. But I'm not convinced that it's the be-all/end-all when it comes to business marketing today. The buzz with SM marketing closely resembles the earlier days of Internet marketing.
Here's how: Internet marketers really didn't have a well-thought out plan or business model as to how the Internet could help grow their business (selling more of their core product or service) in the longer run. What they did figure out how to do was sell info-products and services about... How to make tons of cash from Internet marketing!
Fast foward to today: Social Media is all the rage, and SM gurus are coming out of the woodwork. They claim all you need is a WordPress website and a Facebook fan page, and you'll be on the glorious road to riches. And they have for sale... info-products on how to do Social Media marketing - imagine that!
Now - I'm not criticizing everyone involved with SM or Internet marketing. People like Frank Kern, John Carlton, Lorrie Morgan-Ferrero and Stephen Pierce have some great stuff available, and they truly want to help people increase their income online. And there are other good online marketers out there.
Successful (and profitable) Social Media marketing is kind of like Bigfoot and the Loch Ness Monster: I've heard great stories about them, but I haven't seen very many people make a ton of money from SM marketing. I'll be glad to be proven wrong - but until I see the proof in the pudding, I'm sticking with proven fundamentals of online marketing, such as:
- Building a Qualified List
- Developing a Relationship With That List
- Selling More Products/Services To That List
Pretty simple, but very effective if done correctly. And I'll stick with these boring, basic fundamentals to help my clients increase sales and profits.
Don't get me wrong - SM is a great way to increase your online network, and connect with more people. But I'm not convinced that it's the be-all/end-all when it comes to business marketing today. The buzz with SM marketing closely resembles the earlier days of Internet marketing.
Here's how: Internet marketers really didn't have a well-thought out plan or business model as to how the Internet could help grow their business (selling more of their core product or service) in the longer run. What they did figure out how to do was sell info-products and services about... How to make tons of cash from Internet marketing!
Fast foward to today: Social Media is all the rage, and SM gurus are coming out of the woodwork. They claim all you need is a WordPress website and a Facebook fan page, and you'll be on the glorious road to riches. And they have for sale... info-products on how to do Social Media marketing - imagine that!
Now - I'm not criticizing everyone involved with SM or Internet marketing. People like Frank Kern, John Carlton, Lorrie Morgan-Ferrero and Stephen Pierce have some great stuff available, and they truly want to help people increase their income online. And there are other good online marketers out there.
Successful (and profitable) Social Media marketing is kind of like Bigfoot and the Loch Ness Monster: I've heard great stories about them, but I haven't seen very many people make a ton of money from SM marketing. I'll be glad to be proven wrong - but until I see the proof in the pudding, I'm sticking with proven fundamentals of online marketing, such as:
- Building a Qualified List
- Developing a Relationship With That List
- Selling More Products/Services To That List
Pretty simple, but very effective if done correctly. And I'll stick with these boring, basic fundamentals to help my clients increase sales and profits.
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