One Best Business Strategy for Facebook, Twitter, Digg or LinkedIn
Filed under: Facebook, Twitter, marketing, social media, social networking, strategy
In Twitter isn’t the point, Holly Ross of NTEN comments on a study showing that influence and word of mouth are becoming more important than ever to consumer behavior, and more of it is happening online. She goes on:
I think we’re missing the mark, though. It’s not really about Twitter. It’s not about Facebook. It’s not about whatever the next buzzword is.
It’s about friends.
It’s about building real relationships that inspire people to act on your behalf. That’s the skill we should focus on building. Whether it’s Twitter or Digg or Facebook or LinkedIn, it’s about those relationships.
We have to teach ourselves to operate that way again.
We commonly use phrases like “Facebook Strategy” or “Mobile Strategy,” but we’d never talking about building a house in terms of “Hammer Strategy.” The technologies are just tools and our language is tricking us.
When we’re wowed by case-studies showing off the power and effectiveness of these tools, we’re really being impressed the underlying strategy, a powerful one that we can all take advantage of.
It’s easy to forget that it has always been one of the best business and marketing strategies to make friends. We do that by focusing on others, on listening to them and meeting their needs. How will your business be making friends and thriving in 2009?
WSJ: Respond strategically to Web 2.0 or be left behind
Filed under: mobile marketing, social media, social networking, strategy, web 2.0
If you haven’t already, read what the Wall Street Journal has to say about: The Secrets of Marketing in a Web 2.0 World.
It’s short, well-written, and says again what we need to keep hearing about how companies need respond strategically to Web 2.0. It’s not just implementing promotional marketing programs there as if it were a new media channel to add to the mix.
Remember how companies were left behind in the nineties. It wasn’t because they didn’t develop a web site or an email list quickly enough, it was because they didn’t have a good response to the changing environment and competition. They needed to add offerings and/or change positioning to carve out a new niche in the new world. Mobile and social media are causing even bigger shifts.
Consumers are flocking to blogs, social-networking sites and virtual worlds. And they are leaving a lot of marketers behind.
- A New Approach: Marketing these days is more about building a two-way relationship with consumers. Web 2.0 tools are a powerful way to do that.
- The Pioneers: A growing number of companies are learning how to collaborate with consumers online on product development, service enhancement and promotion.
- The Lessons: From these early efforts, a set of marketing principles have emerged. Among them: get consumers involved in all aspects of marketing, listen to and join the online conversation about your products outside your site, and give the consumers you work with plenty of leeway to express their opinions.
Experience: the essential competitive advantage
I camped on the street last night in front of 1 Stockton, the San Francisco Apple Store. I’ll be here until 8am tomorrow.

Entrepreneur and Advisor.