Social Media is the world’s biggest fad… for marketers

Is Social Media a fad like Furby?

Is Social Media a fad like Furby?

This post may seem a bit ironic coming from someone who provides social media seminars and training but there seems to be an almost unhealthy fascination with social media among marketers at the moment. In the end, we’ll all realise that “social media” will become just “regular ol’ media”.

Social Media is not new

Marketers have jumped on social media as a buzzword to justify their budgets. Agencies include whole sections on social media in their proposals to their clients. PR pros now invite bloggers and social media influencers to their press events.

Blogs, Facebook and Twitter. Oooh! How new and shiny they are.

I got news for you pal–social media is not new. Way before the invention of the printing press and broadcast television, traders gathered in a bazaar or market to sell their wares. They sold to each other directly in a social context i.e. based on their relationships and reputation.

With the invention of broadcast media and advertising, traders began selling their products on a larger scale and substituted their relationship and reputation for customer loyalty and their brand. David Meerman Scott, author of “The New Rules of Marketing & PR” admitted that the “new rules” aren’t new at all and has called the mass media phenomenon an “aberration”.

The tools of social media (blogs, the Facebook and the Twitter) simply facilitate one-to-one connections and relationships without the constraint of physical space and time. In other words, you don’t need to be in the bazaar to build your relationship with your customers anymore. Add that to the speed of conversation and the reach of the internet and boom–social media is now rivaling traditional media as an influence platform.

Bottom line: the tools of social media are new, and being social is about connecting, building relationships and facilitating interactions between seller and buyer once again.

Wake up call

Recently marketers have woken up with social media pounding at their door. Suddenly consumer opinions of their brand are plastered all over the internet. Google and gang are showing blog posts and tweets on the front page for searches about their brand.

“How should we respond?” asks the marketer or product manager.

“Respond? No way!” exclaims the legal department.

But CNN is featuring tweets in its coverage. Elections are swayed with blogs. Social media has arrived in the mainstream. As reluctant as some are, marketers and their agencies are all jumping on the bandwagon.

Social media ‘experts’–do you really need one?

Social Media Specialists

Social Media Specialists

Many thought leaders have observed that there’s suddenly an over-abundance social media gurus and consultants. Brian Solis says that social media is rife with experts but starved of authorities. (Yes, that may include me but that’s why social media is only 1 of the doohickeys in my bag of tricks.)

The reason for this landrush is because marketers are scrambling to get up to speed with this social media “thing”. The opportunity of the moment is for experts to help organisations understand and take their first baby steps with social media.

Unfortunately this window of opportunity is going to close very soon for 2 main reasons:

1) Marketers will start to realise that social media interactions are simply social interactions which they’ve been trained with since kindergarten. Once the kids who grew up with social media today become the marketers of tomorrow, “social media” will simply become “regular ol’ media”.

2) In the social era of the web, your community of customers and evangelists will become your most important marketing asset. The relationships your community builds is with you, not your consultant. With that realisation I doubt that brands will want to outsource their social media or community management activities to third party consultants and experts.

Granted, in the interim some of us will still need consultants and agencies to show us the ropes in social media. If that’s the case I urge you to choose your agency wisely. Ensure that your social media partner is familiar with social technologies and not just how to launch blogs and tweet. Agencies specialising in social media should be familiar with technologies like Open Social, Facebook Connect, community platforms like KickApps or social widgets and be able to build engaging applications that fit into a brand’s overall marketing strategy.

In the meantime if you want to gain an edge over your competition you need to start building your social expertise internally. Start changing company culture to become more transparent. Engage directly in conversation with your customers and most of all learn how to build and grow your own customer community.

Bottom line / takeaway:

  • Don’t do social media for social media’s sake. Understand what it really is and start developing real relationships with your customers.
  • Social media is not a mysterious thing that can only be interpreted by gurus. Just use some common sense and whatever you’ve learnt since kindergarten.
  • Beware of proposals filled with social media buzzwords. Your social media campaigns must relate back to your overall objective, e.g. increasing loyalty, drive product trial, etc.

Please take all of the above with a generous pinch of salt, because it is obvious that I am not a social media expert. I would however, like to know what you think so please do leave a comment below.

Image credits:

Was IST Das? – Furby

Hugh MacLeod – you’re a social media specialist?

  • http://www.davidlian.com/ davidlian

    Well said.

    I am not a social media expert too.

  • http://www.davidlian.com davidlian

    Well said.

    I am not a social media expert too.

  • http://twitter.com/ben_israel Ben Israel

    Nice dude.

    I think at this point, social media has an abundance of opportunities for anybody (quite literally) to make money: PR, Ads, Media buyers, news makers, bloggers, tech people, designers, mgmt consultants, you name it.

    Mainly because, (1) nobody has really defined/measure social media properly yet. (2) Companies, brands, organisations don’t really know what to do with it – so they’ll pay anybody that sounds smart. and (3) There’s still a lot of hype out there. Thankfully, that’s starting to recede (http://www.guardian.co.uk/technology/2009/jun/24/charles-arthur-blogging-twitter)

    But once the dust settles when it’s no longer new, exciting and cool), many people will be out of jobs. So, we have to ask ourselves – what will get me to the end of the funnel.

  • Carolyn Chan

    Is social media a fad?
    All new ideas go through a cycle. When it first appear on the radar, we’ll here “Who else has done this before? No one? Forget it, we’re not going to be guinea pigs.” But after one brave competitor or an admired brand establishes a presence in social media, there’s a sudden desire to get in on the action. Doesn’t this sound a lot like the old days when the web was beginning to take off? If you’ve been around during that time like I was, you’d see that history repeats itself. Back then you’d think the web was the biggest fad, startup funding created overnight billionaires, dotcom stocks were ridiculously overvalued and everyone wanted to be in dotcom calling themselves digital experts. It’s the way things are. And if you ask me, the money spent on social media today can’t compare to what the dotcom days have seen.

    Does talking or blogging about it makes someone look like an expert? Who knows, maybe he is or maybe he’s trying to cash in on the hype. What’s important is what he has done to show what he knows.

    It’s funny how everyone says almost the same things nowadays, they even share the same pre-qualifier. Either ‘I’m an expert, you should pay me or listen to me’ or ‘I won’t call myself a social media expert but I’ve got all these things to say about social media’. Well this is what I have to say, drop it. Readers nowadays can judge whether a writer knows his stuff or not from what he writes.

    Just my RM0.02

  • Carolyn Chan

    Is social media a fad?
    All new ideas go through a cycle. When it first appear on the radar, we’ll here “Who else has done this before? No one? Forget it, we’re not going to be guinea pigs.” But after one brave competitor or an admired brand establishes a presence in social media, there’s a sudden desire to get in on the action. Doesn’t this sound a lot like the old days when the web was beginning to take off? If you’ve been around during that time like I was, you’d see that history repeats itself. Back then you’d think the web was the biggest fad, startup funding created overnight billionaires, dotcom stocks were ridiculously overvalued and everyone wanted to be in dotcom calling themselves digital experts. It’s the way things are. And if you ask me, the money spent on social media today can’t compare to what the dotcom days have seen.

    Does talking or blogging about it makes someone look like an expert? Who knows, maybe he is or maybe he’s trying to cash in on the hype. What’s important is what he has done to show what he knows.

    It’s funny how everyone says almost the same things nowadays, they even share the same pre-qualifier. Either ‘I’m an expert, you should pay me or listen to me’ or ‘I won’t call myself a social media expert but I’ve got all these things to say about social media’. Well this is what I have to say, drop it. Readers nowadays can judge whether a writer knows his stuff or not from what he writes.

    Just my RM0.02

  • http://buzzmedia.com.my/ David Wang

    Ben, exactly. It’s new and cool now and companies are paying anyone that sounds smart. I really feel companies have to get smart before it’s too late.

    Carolyn, good point. If companies higher a consultant to help, they need to make sure that he can walk the walk and not just talk.

  • http://buzzmedia.com.my David Wang

    Ben, exactly. It’s new and cool now and companies are paying anyone that sounds smart. I really feel companies have to get smart before it’s too late.

    Carolyn, good point. If companies higher a consultant to help, they need to make sure that he can walk the walk and not just talk.

  • http://www.scratchdisk.biz/ Vernon

    But, but, but..I’m a social media expert… LOL!

    Good article.

  • http://www.scratchdisk.biz Vernon

    But, but, but..I’m a social media expert… LOL!

    Good article.

  • http://www.marketing-interactive.com/ Marcus Chhan

    Hey David, i agree there are way too many “social media gurus” out there right now. And i think it actually inhibits the growth of online advertising spend in the market as well because marketers look at what these “experts” have to say and i don’t think it fills them with the right kind of confidence to spend more online or with social media. Good piece, nice headline ha!

  • http://www.marketing-interactive.com/ Marcus Chhan

    Hey David, i agree there are way too many “social media gurus” out there right now. And i think it actually inhibits the growth of online advertising spend in the market as well because marketers look at what these “experts” have to say and i don’t think it fills them with the right kind of confidence to spend more online or with social media. Good piece, nice headline ha!

  • http://digitalmedia.typepad.com/ Darren Yan

    David,

    Social media may not be new, but the scale of work needed to manage the online perception of an advertisers’ brand will require the support of today’s social media gurus (and tomorrow’s traditional online agency suits). The right execution (with the right partners) will create the social CRM needed to compete in the future (http://bit.ly/Biws7).

    What many marketers fail to do however, is to adapt the same template for digital marketing on social media – measuring their success on a specific set of performance indicators. At the very least, marketers should be able to measure the number of times their brand is mentioned on cyberspace, the context behind the mention, and determine on a scale whether it should be responded. As we speak, there are tools such as Tinker (http://www.tinker.com/) and Viralheat (http://www.viralheat.com/) which allows marketers (and agencies) to benchmark social chatter.

    Cheeers,
    Darren

  • http://digitalmedia.typepad.com Darren Yan

    David,

    Social media may not be new, but the scale of work needed to manage the online perception of an advertisers’ brand will require the support of today’s social media gurus (and tomorrow’s traditional online agency suits). The right execution (with the right partners) will create the social CRM needed to compete in the future (http://bit.ly/Biws7).

    What many marketers fail to do however, is to adapt the same template for digital marketing on social media – measuring their success on a specific set of performance indicators. At the very least, marketers should be able to measure the number of times their brand is mentioned on cyberspace, the context behind the mention, and determine on a scale whether it should be responded. As we speak, there are tools such as Tinker (http://www.tinker.com/) and Viralheat (http://www.viralheat.com/) which allows marketers (and agencies) to benchmark social chatter.

    Cheeers,
    Darren

  • Daniel Y.S. Tan

    Hi David,

    Admittedly, I’m not a social media expert ‘yet’ (and I’d like a benchmark/scorecard/background experience to boot with that pls! & though categorizing myself at least as a ‘specialist’ is good enough to say i do kinda specialize in some parts social media, warranted?:)) It’s still in the early ages (at least in M’sia?), as an aspiring social media Go-To-Guy who’s got to learn fa-a-ster than I can actually indulge in what’s like holding on to the seat of my pants in this Social Media world!

    My take on being the Go-To-Guy, it’s simply a crazy passion cum common-sense business model that helps those who need it that matters and for as long as it matters to them. I’m not gonna catch myself ‘guilty’ walking and talking about it like an expert unless I’m constantly making those valuable mistakes and sharing the glory amongst my peers to help others if i do get ‘up’ there.

    I probably see that as the safest approach to be a gold-nugget social media expert that out weights the sand-laden ‘experts’ (not till my hair turns white i hope) and just continue learning from the pros like you guys n gals!
    My social media HalfCents:)

  • Daniel Y.S. Tan

    Hi David,

    Admittedly, I’m not a social media expert ‘yet’ (and I’d like a benchmark/scorecard/background experience to boot with that pls! & though categorizing myself at least as a ‘specialist’ is good enough to say i do kinda specialize in some parts social media, warranted?:)) It’s still in the early ages (at least in M’sia?), as an aspiring social media Go-To-Guy who’s got to learn fa-a-ster than I can actually indulge in what’s like holding on to the seat of my pants in this Social Media world!

    My take on being the Go-To-Guy, it’s simply a crazy passion cum common-sense business model that helps those who need it that matters and for as long as it matters to them. I’m not gonna catch myself ‘guilty’ walking and talking about it like an expert unless I’m constantly making those valuable mistakes and sharing the glory amongst my peers to help others if i do get ‘up’ there.

    I probably see that as the safest approach to be a gold-nugget social media expert that out weights the sand-laden ‘experts’ (not till my hair turns white i hope) and just continue learning from the pros like you guys n gals!
    My social media HalfCents:)

  • Anonymous

    So this calls for asking two questions:
    1) Do we really think marketers are stupid to be giving their monies to the first person who walks in claiming whatever?
    2) How is this different from choosing any agency or marketing services partner?
    Being probably of same experience and age as Carolyn (earlier in the comments thread), I know that these things come and go. But having said that, I know people who adopt it first have obvious advantages.
    ========================
    Important takeaway: Marketers are not stupid- but they should be more dynamic. My advice: Don’t fret about who is coming to you with a plan. Hear everyone- and be people/expert agnostic. Think Ideas. Think Stories and think concepts. And see if they are gelling with your marketing objectives. Period.
    ========================
    I have always agreed that online discussions around this topic are rife with agency love talks. Many of them ‘offline’ guys turning online specialists and other people turning this whole thing into an ‘agency love fest’.
    OpenSocial, Facebook connect are again just a drop in the ocean of the tools that could be used for harnessing conversations online. In this context it becomes important to marry the right concepts with the right tools.
    Stories rule. If you can weave one well enough, people will listen.

    Cheers
    Shalabh
    http://www.chasingthestorm.com

  • http://www.chasingthestorm.com Shalabh Pandey

    So this calls for asking two questions:
    1) Do we really think marketers are stupid to be giving their monies to the first person who walks in claiming whatever?
    2) How is this different from choosing any agency or marketing services partner?
    Being probably of same experience and age as Carolyn (earlier in the comments thread), I know that these things come and go. But having said that, I know people who adopt it first have obvious advantages.
    ========================
    Important takeaway: Marketers are not stupid- but they should be more dynamic. My advice: Don’t fret about who is coming to you with a plan. Hear everyone- and be people/expert agnostic. Think Ideas. Think Stories and think concepts. And see if they are gelling with your marketing objectives. Period.
    ========================
    I have always agreed that online discussions around this topic are rife with agency love talks. Many of them ‘offline’ guys turning online specialists and other people turning this whole thing into an ‘agency love fest’.
    OpenSocial, Facebook connect are again just a drop in the ocean of the tools that could be used for harnessing conversations online. In this context it becomes important to marry the right concepts with the right tools.
    Stories rule. If you can weave one well enough, people will listen.

    Cheers
    Shalabh
    http://www.chasingthestorm.com

  • http://buzzmedia.com.my/ David Wang

    @Darren you are exactly right with KPIs and measurement. Thanks for the links, I may try out ViralHeat

    @Daniel like Ben said there’s lots of hype about social media now and lots of opportunities to make money off it. I think there’s nothing wrong with helping clients to get started in the right direction but I think agencies need another point of differentiation if social media is going to become regular media

    @Shalabh I love the phrase ‘agency love’ LOL! Your idea of Stories is great and gels completely with social media–it’s about the conversation.

    I have a secret to admit–I intentionally made the title and tone of this post provocative to make a little splash in this big pond. Blame it on reading Copyblogger too much. But I think it has worked because I’ve got lots of great feedback from you guys. I hope you subscribe to the blog’s RSS feed and come back again.

  • http://buzzmedia.com.my David Wang

    @Darren you are exactly right with KPIs and measurement. Thanks for the links, I may try out ViralHeat

    @Daniel like Ben said there’s lots of hype about social media now and lots of opportunities to make money off it. I think there’s nothing wrong with helping clients to get started in the right direction but I think agencies need another point of differentiation if social media is going to become regular media

    @Shalabh I love the phrase ‘agency love’ LOL! Your idea of Stories is great and gels completely with social media–it’s about the conversation.

    I have a secret to admit–I intentionally made the title and tone of this post provocative to make a little splash in this big pond. Blame it on reading Copyblogger too much. But I think it has worked because I’ve got lots of great feedback from you guys. I hope you subscribe to the blog’s RSS feed and come back again.

  • Pingback: Time Spent on Social Networks Has Tripled – Social Media Marketing is not a fad, period. | Keep Moving Forward .Asia

  • http://twitter.com/ben_israel Ben Israel

    Nice dude. I think at this point, social media has an abundance of opportunities for anybody (quite literally) to make money: PR, Ads, Media buyers, news makers, bloggers, tech people, designers, mgmt consultants, you name it. Mainly because, (1) nobody has really defined/measure social media properly yet. (2) Companies, brands, organisations don't really know what to do with it – so they'll pay anybody that sounds smart. and (3) There's still a lot of hype out there. Thankfully, that's starting to recede (http://www.guardian.co.uk/technology/2009/jun/2…)But once the dust settles when it's no longer new, exciting and cool), many people will be out of jobs. So, we have to ask ourselves – what will get me to the end of the funnel.

  • FH

    Social Media Marketing – too many people and companies are focusing on the first two words. But i think the third word is what its all about.

    • http://theclickstarter.com David Wang

      Hi, thanks for the comment! Well, it’s not just marketing. It should be honest, valuable, customer-centric marketing. I understand where you’re coming from though :)

  • FH

    Social Media Marketing – too many people and companies are focusing on the first two words. But i think the third word is what its all about.

  • http://buzzmedia.com.my/ David Wang

    Hi, thanks for the comment! Well, it's not just marketing. It should be honest, valuable, customer-centric marketing. I understand where you're coming from though :)