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Social Media soon set to become the number one marketing tool!

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When social media first exploded on the scene it was met by an initial skepticism from the marketing sector. This was hugely due to the complete tactical U-turn needed for an online marketing campaign to succeed on social networks. An industry that was so set in its ways now had a new toy to play with, but didn’t know what to do with.

With 2010 fast approaching a recent survey of 2000 marketers by the Center for Media Research looked at the most popular mediums used. It found that while email is still the most popular, social networks look set to soon overtake it.

• Email (56.8%)

• Social networks (56.3%)

• Keyword search (49.7%)

• Radio (42.2%)

• Magazines (42.1%)

• Online display (40.5%)

• Event sponsorship (36.9%)

• Rich media display (35.5%)

• Direct mail (34.7%)

• Regional TV (32.8%)

• Regional newspapers (31.7%)

• Out-of-home (31.2%)

• Email sponsorship (29.5%)

• Online video (26.7%)

• Mobile SMS text (26.1%)

• National TV (18.2%)

• National newspapers (14.8%)

After giving social media the initial cold shoulder, things have now started to thaw a little with more marketers than ever realizing how truly beneficial it can be. Businesses are abandoning traditional marketing platforms in favor of creating their own original content that can be distributed online. This is due to the realization that people are blind to promotional items such as banner ads and are more interested in the ‘interactive web’. The ability to use new media channels to reach audiences directly with branded content and to measure the value of their response and interaction is a much more effective way of operating.

Social media marketing is not difficult at all. It is something everyone can do with some effort and knowledge. It isn’t some secret art form that only experts can master. Unlike other skills, social media has a remarkably low barrier of entry. Everyone is invited to the party.

One of the major issues raised about social media marketing is the lack of ROI. This is due to the fact that while many companies are engaging, most are not utilizing it correctly. Marketers need to make much better use of the technology at hand in order to mature their online capabilities and take best advantage of the cost efficiencies and direct customer relationships that online networks allow. They need to realize that the ‘old’ offline rules no longer apply. People don’t like to be marketed at; they prefer to be engaged with.

To be successful with a campaign you need a strategy! You need to familiarize yourself with the area by researching the do’s and don’ts associated to online marketing and follow them. Try to have a centralized approach where you set out exactly what areas you want to branch into and what exactly you want in return. Without having specific goals you’re never going to reach your target.

Are you engaging with social media marketing? Are you optimistic for 2010?

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The Author:

Donagh Mc Sweeney is a social media enthusiast and commentator. He is knowledgeable in a vast variety of fields in the IT industry and is actively involved in the social media world. http://www.donaghmcsweeney.com/

Add Your Comment

  • unacoleman
    Donagh, it is interesting that marketers place such high emphasis on the role of social networks and social media in the marketing mix. Gartner's recent Hype Cycle Report suggests that technologies at the Peak of Inflated Expectations during 2009 include cloud computing, e-books (such as from Amazon and Sony) and Internet TV (for example, Hulu), while social software and microblogging sites (such as Twitter) have tipped over the peak and will soon experience disillusionment among enterprise users,” said Jackie Fenn, vice president and Gartner Fellow, and co-author of the book “Mastering the Hype Cycle” (published by Harvard Business Press).

    Click here to obtain a copy of the report: http://www.gartner.com/DisplayDocument?ref=g_se...

    Perhaps it is that marketers are ahead of the curve and everybody else has yet to catch up.

    Una Coleman
    t: unacoleman
    http://www.codegaconsulting.com/blog/78-emergin...
  • Virginia
    I agree, social media marketing is an easy and cheap way to promote your company but it is important to be focused and follow a well-defined strategy otherwise you may end up generating a bad image of your own business. Know who you want to approach, how, when and why. And yes, be optimistic!
  • Hi Donagh, very interesting post. Do you have a link to the research by Center for Media Research that you refer to.
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