I received an interesting message the other day - one that made me realize that as booming as the online world is and as quickly as social media marketing tactics are catching on, there is a vast majority who still don't understand it.A friend of mine decided to follow me on Twitter, and soon thereafter I had a message in my Facebook inbox:
"Hey Stockett. I have recently become aware that you are a Twitter expert. We are running into a few questions involving Twitter and its usefulness for generating revenue. It works for some people, apparently. Just wondering if you've got proven ways to monetize twitter."
Now , I'm fully aware at the end of the day, everyone's goal is to move product, increase sales, etc. But the big-and exciting-difference between what happens in the engaging world of Twitter and what consumers do with a stagnant advertisement is just that-it's engaging. It drives relationships. It adds personality to a brand that you can't get from a TV commercial or a magazine ad.
Since May 2008, the Twittersphere has grown over 2,000%--significantly more than any other online medium. And while we are now able to calculate the value of a recommendation (or a detraction) and the reach your brand has on Twitter and beyond, it's hard to cost out the value of being interesting...engaging...honest. I might even go so far as to say...it's priceless.
Companies, brands and executives that can truly "master" social media (something everyone strives for) and all it entails-from Facebook fan pages to their Twitter updates-will see that success spills over as loyal consumers become brand advocates and activists, taking their love and support for a brand to a whole new level.
Check out some great links on people "getting it right:"5 Habits of Successful Executives on Twitter
40 of the Best Brand on Twitter and the People Behind Them
Finding the Right Brand Voice on Twitter
What are your recommendations to "get it right?"





