Dave Churbuck on the state of Social Media Marketing here
If one were to chart the arc of corporate blogging – aka Social Media Marketing, aka SMM – overthe past three years, I suppose some consistent milestones could be identified, something like Erikson’s Eight Stages of PsychoSocial Development. Right now I’d say SMM has reached its majority among technology companies within the early adopters like Microsoft, Sun, IBM, Dell and Lenovo. And elsewhere, probably is entering puberty, cracked voice and zits included.
When Lenovo's master of Web marketing and social media riffs on interactive media marketing (SMM) I listen. In this case Dave's message is particularly relevant to me as I go over my notes from college student plans for web-based businesses. Churbuck is dead on when he says that technology companies are right at the forefront of SMM. The reason they are leading the parade, however , is because they are letting pros do the baking with fresh ingredients and not relying on Johnny Come Lately third-party marketing consultancies to provide canned solutions derived from fetid smoke stack marketing/technological buzzword casseroles.
Over the last year It's been my good luck to watch a couple of groups of college students grapple with the concepts of Social Media Marketing. Mostly, I think they're on track, they fundamentally understand several key concepts: Interactive marketing is by definition a multi-path communications channel; It can't be adopted or used effectively when management insulates itself from consumers; Best practices in this emerging category are emerging but require two-key traits--ideological flexibility and the ability of an SMM-oriented organization to bind consumers to a brand.
After discussing the student business plans with teams of authors, a couple of SMM issues quickly surfaced: What internal organization would drive the adoption of SMM; And, what metrics can be used to measure the ROI.
Complex questions indeed. They are also some of the key issues Churbuck identifies in his post over the weekend.
My first reaction to reading several student business plans was their instinctive ability to pick up on the potential success for products aimed at enthusiasts. One of the ones that stood out was for a SMM attempt aimed at owners of a brand of decades out of cars that can still be found in large numbers putting about Southern California's labyrinth freeway system. The assumptions for this business plan were so well grounded that I believe it to be on a par with the best of companies ever picked for shows such as Demo. First and foremost, the team assumed that its audience wanted information on life-extending and performance enhancing technologies and parts that would help an investment that sometimes verge on lifestyle choices. In case you haven't figured out what the student business plan was about, I'll open the kimono a bit: it was aimed at the large community of 60's Volkswagen owner/drivers residing in California. What made this plan unique was it's point of view-- that of an parts supplier and manufacturer, not that of a user club.
Another stand out idea I saw approached from two different angles was an advertising driven site for retiring boomers listing events, classes, volunteer opportunities and other activities for people who suddenly find themselves with time on their hands. Again, the intended audience is bound by affinity and enthusiasm.
I was also particularly intrigued by a SMM pitch aimed at ag-businesses. Among real life business professionals it's difficult to imagine a group of people with deeper roots in their chosen business than farmers and ranchers. And the information they need to make educated decisions about crops, transportation and weather is pretty complex. Moreover. within each of those categories are big pools of potential advertisers and sponsors. Again, when I read the plan I thought "students get your degress and get an appointment with Sunkist, Calavo, John Deere, or Archer Daniel Midlands now" If I were still working as a producer of Demo events this is exactly the sort of business technology I'd chose, providing they were able to show me partial commitment of a sponsor, a deep understanding of the demographics of the market and how such an operation could be integrated within the existing or chart of a company, trade group or other entity.
This brings me to a couple of other observations relative to finding SMM savvy future employees:
1. SMM professionals need to recruit beyond brand name universities, some of the best talent I've seen is at the State College Level, where the emphasis is on learning by doing, not on learning old dusty theories from the previous eras.
2. Students may need to be convinced that SMM-based programs have the full endorsement of senior management.
3. Companies that are serious about recruiting SMM employees may want to provide appropriate executives for advisory panels. Furthermore, why aren't nascent SMM trade groups boot strapping day pass scholarships for events like Demo or other shows so that students can have first hand experiences with the executives and entrepreneurs in this growing category?
Finally under the category of "out of the mouth of babes" this query about SMM: "If Apple is so close to its users Why isn't it active in social media marketing?" Dudette, like totally on track question!--Jim Forbes m01/20/2008