social media today | Direct Marketing Observations

With apologies to all of the spiritualists out there, this post is not to make fun of the “real” 7 deadly sins. This is simply a way to magnify the importance of getting it right versus screwing it up seven times over. Over the last few days Peter Kim and I have exchanged emails over topics that swirl in and around social media marketing, and somehow this blog post evolved. I am not sure how it came up exactly, but then again, thats how a lot of these posts start. But the subject of this post seems to dovetail nicely into what is being discussed lately, especially on SMT.

So there’s a lot being discussed every day about social media marketing, what works, what doesn’t, why, how, when, etc etc. In the past I’ve written lengthy pieces on what social media isn’t, but how about 7 things that you better not do in social media marketing? That in and of itself would be something to throw up on the fridge with a fridge magnet right?

1) In your push to increase customer loyalty and retention, you’ve driven your customers away with poor messaging, poor communication and complete disdain and compassion for them and the product they love. You’re Insincere and it shows. You nod your head and pretend to listen, but you decide that you know what’s best. That’s a bad choice.

2) In your zeal to hit the ground running with your product, you have failed to realize that the product has serious deficiencies and you choose to launch anyway. It could be that your product is either being hurt by the initial buzz of bad publicity, has been hurt or bashed by 3rd parties, or the word on the street is, it just doesn’t work. Your product awareness campaign has only increased the awareness of how bad the product might actually be. Why? You were not listening and your timing could not be worse.

3) Because of #2, in your quest to create brand advocates you have created the anti-brand champions who have made it their goal in life to do everything in their power to make sure that your brand does not succeed. You made enemies and you continue to not listen and you decide to push on without addressing it. Could it have been, that you might not be listening or refusing to even try?

4) In pushing to roll out your social media marketing plan, you miss the mark completely and are marketing to the wrong people. In fact these people may have had their fill of social media marketers, social networks, and are essentially hip to the overtures of marketers in general. So again, in your rush to create new revenue streams, you’ve decided to beat a dead horse. Not knowing your customer and assuming you did. Bad. Guess what? You again must not have been listening.

Are you sensing the recurring theme here yet?

5) You decide to do it your way. You think your one way style of contacting and talking at the customer using the latest social media tools should work just fine in its own intrusive way. You sir or madam are not respecting the rules of engagement. You have lost your protocal compass. You have decided that frequency is better than reach and breadth is better than depth. You have not heard a thing that has been said.

6) You’ve decided that you need to hide behind a few layers. You don’t want the customer to know anything about you, the company, the realness of the people behind the product. Nothing. You have decided that a fake persona is the best route to driving sales and stickiness. Wrong. If you’re not being transparent, then you’re not being you. You have something to hide. One of the most important aspects of social media marketing it being transparent, or had you not heard that yet?

7) You’re not honest, you’re not who you say you are. This speaks as much to #6 as it does all of the rest. But one of the keys to any relationship be it personal, or business is honesty. Just look at the code of ethics on the WOMMA They get it, and so should you. It may sound trite but keeping it real has never meant more than in social media marketing. Oh yea, you might want to shut up and listen too!

I’m sure that there are tons of social media marketing faux paus’s that we can all think of it. In fact Jim Tobin over at Ignite Social Media has a nice post about it. The aformentioned 7 are just some that have really been standing out for me lately. And to be honest, I have made some of these, but I have also learned from these mistakes as well too, and have tried like hell to not repeat them. Who was it that once said, “Those who cannot remember the past are destined to repeat it?” Last question, with the 7 points mentioned above, can you figure out what collective quality might benefit you the most?

I recently read a post titled The social media expert, Who is he? in which Jacob Morgan espoused on the question we all have been asking each other as of late and that is, just who is the social media expert? But an interesting thing happend while reading some of the responses to Jacob’s post, someone wrote that the conversation, or that the interaction on social networks, could end up being monetized or transactional.

I’m not sure how it went from talking about social media experts to dovetailing into monetizing social networks but it certainly gave me pause to ponder whether social networks could find that happy place and actually make money beyond relying on traffic and Ad dollars.

But herin I came up with some questions that not only do social media startups need to ask themselves, but even ourselves as users and readers and participators need to ask.

If you are the architect of a social media app or community, are your goals and aspirations purely altruisitc? Or do you want to make money? Your success does depend on the community, which of course is predicated on what? the quality of your apps? or the quality of your participants and the interaction of those individuals?

Its not the platform or is it?

The easier you make it for people to interact, then the better your chances are to succeed? Right? So then it is about the platform. See the catch-22? What comes first the people or the platform? or rather what drives or determines the success? The quality of the platform of the passion of the people? Or is it sales and marketing and $30 million in funding?

So this made me think that could the conversation, could a conversation be monetized? Could there be a conversational transaction? Monetizing the conversation. Putting a value on the conversation above and beyond it’s intrinsic value? Is that possible? would we go for it?

Robin Carey brings up a great point in her response to the above blog post in which she says:

I think there is a world of hurt out there around the notion of “monetization,” or “transaction” and social media. Personally, I think the hurt is misplaced. Let’s face it, people do need to get paid for their intellectual endeavors, whether that is for designing a great app or moderating a productive conversation. If you think of social media as an online, 24/7 conference, then if there is value to be had in that conference, then people are willing to pay for it. I would venture that relationships do have value, which can be monetized, but hopefully in a way that is acceptable to both parties (“transactions.”) The big change with social media is that these transactions and monetizations (if that is a word) take place in a more transparent and inter-active fashion.

So essentially what it may boil down to, is that social networks will no longer be free? Or perhaps you have to pay for your widgets, pay to communicate with your peers? Not likely. Which means this steers us right back to the value of the conversation, or the transactional value of the conversation. Yes it’s valuable but only between the people that it concerns. Above and beyond that it has zero value. And lets be honest, has anyone tried to attach value to a conversation? Beyond its personal value to you and I? I guess that means, for now, we’re back to relying on traffic and ad revenue. For now.

I guess the last question would be then: If Twitter started charging, would you use it?