While you're hearing all the success stories about those companies participating in social media and wondering how you can join in, there's a lot to consider and prepare for before making the leap into the pool. Here are six realistic points to understand about social media that may prevent future disappointment and wasted dollars:
Participating in social media just for the sake of participating is a waste of your time and money.
Although the platforms are typically free, effective social media marketing takes an enormous commitment of time - and time is money.
Bottom line: The social media success stories you hear and read about are few and far between. Don't expect an overnight miracle. Social media is just one integral part of your firm's marketing plan.
It's easy to monitor what people are saying about your company, your service and product. Here are the top tools for "listening in on" the conversations:
We recently witnessed of the largest and most devastatingly successful online reputation attacks on a corporation. A major airline was brought to the ground, humbled and reprimanded by a passenger for damaging his guitar during a flight.
Finally, after 12 months of the airline refusing to honor his request for compensation and exhibiting poor and non-responsive customer service, the passenger - a singer/songwriter - recorded a music video and uploaded it to YouTube. After 4.5 million views and negative publicity nationwide about their customer service procedures, an embarrassed United Airlines finally took notice. (www.youtube.com/watch?v=5YGc4zOqozo)
Companies of all sizes should learn lessons from this incident:
The most important lesson: When dealing with a customer, it's not about what it will cost your company now. It's about the embarrassing negative publicity and lost business it may cost you later.
Marketing your company isn't just about advertising with traditional media or on Web sites. Marketing your company starts with your people. They are the best ambassadors of corporate goodwill. But they can make or break your company in a flash. We can help you identify the weak links that can lead to embarrassing situations.
The power is in the hands of the people - your customers. We can show you how to harness that power to your advantage and increase your sales and profits. Ready to start?