Are You a One-Trick Social Media Pony?

February 16th, 2010 by Andrew Swenson in Biz, social media

image credit: Helga Birna Jónasdóttir

I’m talking to you, young, hip, fancy social media blogger/guru/maven. You get engagement, community management, and customer interaction.

At least that’s what the young pro blogs I’m reading suggest.

But what about the unsexy stuff?

Do you know your cost of new customer acquisition?

Could you spout off five easy ways to increase average order size?

Can you read a P&L statement?

Can you quickly and easily demonstrate social media’s value to the bottom line?

How are you at using market research data to predict consumer behavior?

Consider this my formal and open call.

It’s my opinion that if we really want to advance how social media is used in business, we must first demonstrate how it contributes to revenue.

We also have to acknowledge that traditional models of marketing and customer interaction still work in many cases, and talk about how the new works with the old.

Maybe I’m being unreasonable.

But it seems to me that for as much time as we spend talking about all things social (“we” meaning likely readers of this post, myself included), we spend next to no time talking about new approaches to nuts and bolts stuff. Not just measurement, but integrated approaches with traditional business functions.

Perhaps that’s why Oliver Blanchard told us to “Beware the Social Media one-trick-pony“:

An individual with “extensive” Social Media experience…cannot function at the Director level without prior experience at that level outside of “Social Media.” Your knowledge of the function of a department…takes precedence over your knowledge of Social Media.

And maybe it’s why A few weeks ago, David Spinks argued that too much networking makes bad marketers:

We’re just starting out, and the first thing we now learn isn’t to start studying people and marketing, it’s to use social media to network and build a personal brand.

We should do instead

In treating social media like the the center of the universe, it’s my belief that we’ve narrowed our focus too much.

Instead of spending all of our time thinking and writing about building community or getting more blog readers, perhaps our careers and our conversations would be better served if we focused more on calculated business principles.

Mark Schaefer suggested that if you want to get a job in social media marketing,

Become a beefy marketer. [...] to really build a career you should become proficient at the fundamentals of marketing. Star performers will be able to apply their love of the social web to marketing research, consumer behavior, product development, personal selling, and brand-building.

The point I’m getting from these conversations?

Stop doing the same social media trick all the time and widen your skill base.

I think one of the best ways to wrestle with the new application of business basics is together, through conversation across blogs and platforms like Twitter.

So here’s to learning new tricks

And talking about them, too.

What do you think? Do young pro bloggers have a responsibilty (for the sake of our own careers) to push beyond social and life talk? Please share your thoughts.

-Andrew

Image credit: Helgabj on Ficker; see original for copyright info

Project 7 :: Change the Score

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  • Funny that I should have read this AND Jason Markow's recent pieces on "Olympic Entrepreneurs" this evening. Though you and Jason are grappling with different topics, the common thread that I recognize (impose?:)) is the importance of, as Jason terms it, interdisciplinarity.

    So, as you make excellent and unfortunately atypical (for us young pro bloggers) arguments here, I take away the importance of having a broadened skill set. And this broad skill set does not take away from being an authority or a specialist in a particular field, as some may argue. I think being multi-faceted--interdisciplinary--gives depth, breadth and dimension to a professional...or a marketing plan...or a *business.*

    I think social media marketing is an immensely useful tool. But as we turn the corner in running businesses better, the bottom-line fundamentals will still be fueling business engines. Here's to working on fusing sound biz practices with new, innovative methods.

    Really, really great work here, Andrew.

    Also? That horsie photo is *still* cracking me up.
  • I know I used marketing examples, because that's kinda my schtick, but what I was hoping, and what you clearly got, was that this is really about *business* in general.

    I had a wonderful conversation with Mark Schaefer tonight about this issue, and he reminded me that more than anything, what's needed is a laser focus on delivering what customers want. Those who listen more attentively, respond quickly and provide more than what's expected will the the big winners.

    But, it's clear that in order to listen and provide in a way that is also profitable requires some baseline skills that we can apply all over the board, not just in social media interaction.

    Yup, you can build your entire business on social media, but with out basic efficiency or quality assurance principles in your process, you'll miss out on a big chunk of revenue.

    Just my 2 cents.

    Thanks again for commenting Cali.
  • Ken
    Way to go Captain Obvious. Business principals and fundamentals should never get thrown out for the latest and greatest widget that promises to do it all. The fact of the matter is that Social media is more track-able and accountable than traditional media. Can you measure and account for all your marketing efforts in any given business? Example: Sales guy makes 100 cold calls gets 10 appointments, produces 8 proposals and closes 5 deals .. very simple math. However, what did his sales calls do for your SEO? What did it do for targeting un-targeted market segments? How about warm lead generation? How did it effect your brand? .. 100 people were exposed to your sales guy and there were judgments made on your company and it's brand based on that 2 minute conversation. Is that measurable on a flow chart?
    The fact of the matter is that you need to integrate social media into your overall marketing and advertising strategy. It's not rocket science to figure out that all eggs in one basket = plan for failure. The fact of the matter is that social media is here and it's what the market demands, choose to measure and make it accountable for actual numbers isn't looking at the big picture. We have become a society that demands information now! Choose to listen to your customers and what they expect out of their "preferred vendors" as far as communication goes or you'll be left out of the loop.
    Besides when you lump youtube, linkedin, facebook, twitter, plaxo, myspace, etc, etc, etc and call them all social media that's not truly looking at each tool and analyzing what each one can do for your business. Be creative and come up with ideas and concepts that no other business is doing .. thought leadership has always been a great way to make your company a business a leader and not a follower.
    Just my thoughts
  • Hey Ken, thanks for sharing your perspective.

    I don't think that business fundamentals have ever really been thrown out by companies who are actively monitoring and tracking their social media expenditure. What I think is that too many of the blogs I read are so obsessed with social media issues to nod at integration with more traditional forms of business.

    I'm with you on the call for social integration, and especially your call to analyze at the network level. You may rock at Facebook but suck at Twitter. Is that your fault? Maybe...or maybe your customers just like Facebook better....

    Thanks again for sharing!
  • markwilliamschaefer
    It's refreshing to hear a young voice call for a return to fundamentals. It is also refreshing to find somebody who actually agrees with me. : )

    Remember -- it has to begin with strategy -- not the execution of a social media plan. Without a strategy based in marketing fundamentals you will waste a lot of time and money.

    Good job on the post!

    @markwschaefer
  • Thanks for checking it out Mark!

    And I'm in complete agreement that it has to begin far above execution. Every plan I outline has an over-arching goal, key objectives, supporting strategies and actionable tactics.

    I use a similar planning model for email, direct mail, etc.

    And oddly enough, it's the traditional stuff that I've been able to articulate that's won me far more respect than the new social stuff.
  • Andrew,

    This post could not hit closer to home for me. My solution- plan long term, build prediction models, and monitor trends like a hawk. The simple notion that a bigger network means more business is a gross generalization, and I fear it is what to many of the 'one trick ponys' think is the secret sauce.

    We need to remember the notions of quality over quantity, applying long term CRM, and developing measurable ROI. Those, IMHO, are the three qualities that the "beefy" Social Media Manager of today needs to posses in order to survive.

    Great post Andrew.
  • GASP! Long-term CRM?!

    That's the conversation I want to have. Can we track customer interaction via social networks through conversion? Is it possible to have that sort of record-level visibility so that we can determine revenue streams based on individual customers rather than groups? Is it important that we see in that much detail?

    Okay, before this turns into another post, I'm going to shut up and say thanks for getting it.
  • Nice post as always; agreed, we're far from experienced enough to actually call ourselves experts.

    But I kinda expected a rant about the social media experts/gurus that certainly talk the talk - all the time - but have nothing to show for but one (lucky) hit.
  • Hey Bas, nice to see you around here again.

    Maybe I should have been more rant-y, but I think there are real experts out there in marketing, in PR, in customer service who are leveraging social tools to do their jobs better.

    And to some extent, I think the "gurus" who have thousands of followers get how to play the game. And maybe even make money. I just don't think that model will work for the rest of us non-experts who are trying to make sense of how the basics fit with new media.

    So rather than just call them out on their one lucky hit, I'm hoping we can talk about how perhaps some of the principles they used to attain guru status can be applied strategically.
  • Getting a couple of thousand followers isn't a real issue, is it? If we'd wanted to, we can realize that in less than a week.

    The other day we had a great discussion going on a Dutch blog. They called out the gurus to tone down and actually show their skills. It basically came down to this:

    Most one hit gurus can live up to their self proclaimed legacy is the fact that they drag their guruness from door to door day in and day out. And if you won't open, they will follow you around in the super market.
  • abbyannette
    Amen.
  • high five.
  • Andrew,

    I have plenty of thoughts on this considering I'm now working as a social media marketer. Late last night I got an email from a co-worker voicing concerns about all the things we're suggesting to work on related to social media. There was so much in it, I still haven't had a chance to really read through it in detail, but the gist of it was not to lose site of what the purpose of all of this is. It's about business.

    I think relationships matter alot. In fact our recent launch was driven by relationships. But there were fundamental business concepts incorporated into what we did. One was making sure we actually were doing something that provided value. The second was having something that allowed us to stand out. At the end of the day, if your product sucks it doesn't matter how well networked you are or how social media savvy you are.

    The people who are getting it right are still using traditional marketing concepts. I don't think marketing has fundamentally changed. It's the medium for how we do it that has changed.
  • Right. on. ->"The people who are getting it right are still using traditional marketing concepts. I don't think marketing has fundamentally changed. It's the medium for how we do it that has changed."

    What rubs me the wrong way is when our obsession with social media causes us to pass over talking about how the old plugs into the new.
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