Adopt Social media, don't buy but earn attention.
Why do you still invest money in marketing areas where you are sure to get nothing in return?
Fear of change?
While I agree with the presentation "Social media marketing explained in 61 words" by David Meerman Scott, I still do not get how I could apply these concepts to niche markets, like the one I currently work in.
Enjoy the show where you'll be explained what is introduced on David Meerman Scott's own blog:
"
You can buy attention (advertising)
You can beg for attention from the media (PR)
You can bug people one at a time to get attention (sales)
Or you can earn attention by creating something interesting and valuable and then publishing it online for free: a YouTube video, a blog, a research report, photos, a Twitter stream, an ebook, a Facebook page.
"
David builds his argurment with real examples (links in sources) he has met these last years and jokes about the Gobbledygook you can find on marketing product web page.
Sources:
Vimeo: David Meerman Scott keynote at BMA 2009 national conference
David Meerman Scott blog: Social media marketing explained in 61 words
Youtube : Singing CPA Sings Happy Birthday to Sarbanes-Oxley
Wikipedia: Gobbledygook
Twitter : Armed Forces Personnel Administration Agency account
Wikipedia: Armed Forces Personnel Administration Agency
Pragmaticmarketing : Social media marketing explained in 61 words
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