The Future of Social Media has Arrived! The War is Over!

The Future has Arrived

The Future has Arrived

We have reached the tipping point.

  • 90% of US adults are online*
  • 80% of US online adults participate in social media**

Unless you are targeting the very poor and/or the elderly, as marketers, you do not have to target those who do not participate in social media.

Everything you create has to be social.

Everything you do had better have social media at the heart of it. I am not saying it is the only thing you do. I am saying that everything you do had better be social. Your goal of all marketing communications should be to get your content into the social media conversation.

Sometimes the main stream media will accomplish that for you, but they are no longer the goal. I’ll give you a tip, the media was never the goal; the customers were, are and always will be.

“But the key decision makers I’m targeting don’t use social media that way.” Maybe not but I promise the people they get their information from – analysts, search engines, coworkers and reporters – do.

What other arguments are there? By targeting social media you will hit almost 3/4 of your users. Then how much of current news media is generated via social networks? You will still hit a significant portion of those remaining 1/4. Quit talking to the media and start talking to your customers. If the conversations are good the media will cover that. But the media, like your customers, are more interested in good conversations than your announcement.

The challenge is identifying the right social media activities to enable based on who you’re actually trying to reach.

Here’s the new process (which *shouldn’t* be that much different):

  1. Create great socially enabled content. (Is it compelling, shareable and embeddable?)
  2. Seed that content to key, social networks, conversation starters and influencers. (This can be anyone from reporters, bloggers or key customers.)
  3. Monitor and participate in the conversation as it grows. (What’s working, what’s not. Share other people’s conversation/content with above influencers.)
  4. Continue the conversation with more great content. (Story telling is non-linear and cyclical not a one time shot.)
  5. Repeat.

Yes, Europe (Forrester link) and Asia are still a little behind. But by next year-ish this should be globally true.

Why are we still having this discussion? I’m over it.

*(85-95% depending on which survey’s you choose to believe)
**(According to Forrester’s latest research)

Photo credit: HI-LITE

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What is America the best in the World at?

WASHINGTON - SEPTEMBER 29:  U.S. President Geo...
Image by Getty Images via Daylife

What is America the best in the World at? Innovation? Michael Mandel and my recent cab driver don’t think so.

My knee jerk reaction to this article is to think the author is an idiot that doesn’t know what he’s talking about. But I’ve learned over the years that when I have such a knee jerk reaction to stop and address my own biases because they could lead me to miss something important.

The Failed Promise of Innovation in the U.S. – BusinessWeek
“We live in an era of rapid innovation.” I’m sure you’ve heard that phrase, or some variant, over and over again. The evidence appears to be all around us: Google, Facebook, Twitter, smartphones, flat-screen televisions, the Internet itself.

But what if the conventional wisdom is wrong? What if outside of a few high-profile areas, the past decade has seen far too few commercial

innovations that can transform lives and move the economy forward? What if, rather than being an era of rapid innovation, this has been an era of innovation interrupted? And if that’s true, is there any reason to expect the next decade to be any better?

On a recent cab ride I was talking with the driver who recently moved here from India, got married and bought a house. The American dream right?

As we were talked about how the global economy would recover it became obvious that he believed the US was the key to recovery. I want to believe that but I think if we don’t do it someone else will.

He then shared with me the key to his economic recovery plan.

“Do you know what America is the best in the World at?”

Innovation of course. Right? I didn’t get a chance to answer as my driver plowed ahead.

“Spending. When Americans start buying everyone does better.”

Wow. That’s sad. If that’s the case I kind of hope we never recover.

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