Quantcast


Aug 06 2010

The Rising Cost of Online Social Media Influence & The Value of a "Social Influencer"

Category: social media,tech opinionjmacofearth @ 6:36 pm

So much for everything social being free. Yes you can create your Facebook page, your Facebook Fan page and even a nice twitter background that reflects your business, but the buck doesn't stop there, it begins there. Businesses hoping for the cheap way into social media and online influence, should take a look at Dell's success. Much has been made of the Dell Factory Outlet and Twitter huge successes, and consequently there are a lot of businesses with twitter accounts who have no idea about how to tweet.

In this age of user-generated content and blogs the sphere of influence is much more complex. The successful plan takes a look at the entire online content generation process and identifies where their participation can be profitable. At the end of the day we are all looking to reduce the costs of entering this social system and increasing sales and profits.

(chart) The growing cost of online influence

So by all means get out there and get involved. Even the smallest trickle of interest at the bottom of this chart can result in payoffs further up the food chain. And the next time a marketing talks about creating a viral campaign for you, fire them.

Addressing the complex matrix above is hard work. That's where "social media strategists" come into play. Dell did not become a social media force overnight. The calculated growth of their online response team has proven it's ROI many times over. That's why Dell is now being lauded for their social success. Get out there, but go with a guide who has done it before. Going it alone is risky, and could actually backfire. But even a disastrous Facebook campaign or vacant online "community" site can be resurrected.

Your goals should involve social influence. You can buy content, you can buy placement for advertising, but you'd be better off hiring real writers and letting them do what they do best. Get on the Cluetrain and communicate. Open the kimono and let your "social influencers" work their magic. And one of them might be able to pull a viral rabbit out of their hat, but it takes time and effort. And mostly the magic happens as a result of the hard work. The viral nature of content is magic, you can't bottle it, count on it. But you can aspire towards it.

@jmacofearth
permalink: http://bit.ly/social_influencer

Tags: , , , , , , , , , , , , , , , , , , , , , , ,


Nov 18 2009

Name Your Passion: Are You a Creative or Account Type?

Category: about me,career,executive learnings,social media,tech opinionjmacofearth @ 2:10 pm

Why are we involved with digital marketing? Cutting edge? Bleeding edge? It's where things are going? Advertising is advertising where ever it takes place?

In seeing a tag line and list of speakers at IDEA 2009, a top Interactive Marketing conference I starting trying to imagine what ONE SHOW I would attend, which show would it be? What path would I choose as a statement about my passion and my creative vs. business acumen.

On the advertising and marketing side I have the IDEA conference. The presenters runs like a list of visionaries and people to watch in hip marketing, pr and advertising [yes there is a difference].

On the uber visionary side I have TED. Yes it's expensive but just going sets a bar pretty high for your ambitions.

Then there's WOMMA and the InBound Marketing summit. More for the practitioners of social media and the monetary connections to be made there. People we are all addicted to like Chris Brogan, David Armano, Seth Godin.

And lastly is Austin's own SXSWi (South-by-Southwest Interactive). I still have a panel in the running for presenting in 2010, so wish me luck.

[I know this is a limited and incomplete list, but this is supposed to be a short engaging post.]

And this year, my answer is…  IDEA. Roy Spence from GSDM, Barry Diller, Paul Bennett from IDEO, Alex Bogusky from Crispin Porter + Bogusky. And the list goes on.  The whole inspiration for this post was their tag line that touched a nerve or a vein [if we are characterizing passion rather than irritation].

IDEA 2009: Reinvention. The Velocity of Ideas.

What are your thoughts, choices, additions? What ONE CONFERENCE would define your passion and core strengths best?

@jmacofearth
permalink: http://bit.ly/name-your-passion

Tags: , , , , , , , , , , , , , ,




social media innovation group

future posts

A Collaborative Space: WebEx, Go-To-Meeting, Skype, Basecamp (Teaming/Meeting Tools)
Twitter Problem: How do you find enough interesting people to follow? Then how do you keep up with them?
The Agile Mind: Construction, Evolution, Care, and Feeding Instructions for Mental Flexibility

Add to Technorati Favorites

Blogged Blog Directory

Austin Interactive Marketing Association

jmacofearth's socialmedia dashboard via AllTop

99, near perfect hubspot ranking