What I have heard the most from my fellow marketers is the statement “use the social media or be left out of something big.” I am always cynical about this statement, especially in the B2B environment. If you are operating in a B2B environment, you have probably noticed that everyone is caught up in this new trend. Before you dive into the social media, and believe it will fix all your problems, ask yourself the following questions:
1. Who are your clients / customers?
Many of our clients are operating in a very niche market, with only one or two customers. Why waste resources and time on the cyber space, if you can have an old fashioned face to face communication with them, especially when the client prefers it this way.
2. Do you have resources for it?
Social media will help you to generate leads, but only if you do it properly. If you are not conveying the right message to your customers, the chances are you are conveying the WRONG message. Frankly, if you are conveying the wrong message, you are better off doing nothing at all. What does it take to do it properly? Marketing specialists on social media, time, and money. Many people think social media is cheap. Don’t get me wrong, it is. Social media a free platform for businesses, but marketing specialists and their time will cost you money, just like any other marketing campaign.
3. What is your short-term business objective?
Will social media help you drive sales? It will. But if you want it to happen tomorrow, forget about it. Social media is a very cost-effective channel for you to reach prospective clients; it is not a salesman however. Even if you are using the social media properly, it will take some time before it generates positive ROIs. Why? Because “creating transactional opportunities on the web takes trust, but trust takes time to establish” (Chris Brogran, Co-author of Trust Agent Says). If you are thinking of using it to drive short-term sales, there are better methods to leverage your efforts, such as direct mail, price incentives and enhanced sales support.
I am not suggesting that social media is not good for B2B, instead I am suggesting that your reason to use social media shouldn’t be “because everyone else is doing it!”
If you find your situation is not as outlined above, or you believe you have a very unique experience with social media in the B2B world, let us know.
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