by Todd Nilson on January 12, 2012
There are no shortcuts when it comes to social media contests... only diverging paths
Contests run via social media are no shortcut to “viral” success and overnight Return On Investment.
Over on the Innovation Excellence blog, Braden Kelley relates a negative experience with a Facebook contest that backfired due to poor planning and inconsistent application of its own rules. Of particular interest is the lack of integration Kelley mentions: “I never saw the contest mentioned anywhere – including in my utility bill [it was for a non-profit energy organization] – a friend of mine who enters contests as a hobby suggested that I enter – so I did.”
It’s not uncommon to see companies where the social media manager has been walled off from the marketing group, resulting in skewed expectations around how social media efforts ought to perform and in some cases an antipathetic relationship. An organization that follows a framework approach to social media and leverages a cross-functional team drawn from different parts of the organization stands a much better chance of avoiding these pitfalls.
by Todd Nilson on January 9, 2012
What's the pH of your social media?
Social media return on investment is notoriously difficult to quantify as I have referenced here and here. Part of the difficulty in achieving that quantification is that it’s something that affects the entire business ecosystem rather than directly influencing any one part of it.
As a child, I kept tropical fish. Well, to absolutely honest, my dad took care of them and I helped from time to time! But I did feel that they were my pets. Anybody who keeps tropical fish knows that you have to manage the acidity of the water or your fish die.
It occurred to me during a conversation with a colleague last week: that’s exactly how social media operates. Social media is an element of the business ecosystem that can either make transactions more or less likely to flourish, but it’s nearly impossible to say with certainty that this activity has led directly to that sale.
A skeptical CEO is always going to have a problem with that if he or she does not acknowledge the type of investment being made or enters into a social media implementation with unrealistic expectations.
I suppose I could have compared it to global warming, too, but that’s a whole other kettle of fish….