techguerilla talk

Matt Ridings

30
Apr 2010

The Social Evolution, What Is Old Is New Again

 

First, I'd like to give you some quotes to set the stage for the discussion..

 

Programs and promotions to drive traffic to Web sites are an important part of the mix, but equally important is the ability to understand the behavior of the people....

"Understanding user experience and how people interact ... is a big part of establishing a . . . relationship with customers," he said, adding that the Web lends itself to that more readily and more quickly than other targeted media such as direct mail.

"Paper doesn't go away, but [the web] gives us a new level of intimacy with consumers. With intimacy you get loyalty and with loyalty you get profitability."

A proposed model illustrates a direct relationship between .. the online customer conversion process. Relationship marketing, integrated marketing communications, and segmenting, targeting, and positioning should guide both Web ... and customer conversion. Ultimately, a [web program] should help to establish, build, and maintain long-term customer relations. 

 
  All of the above are quotes from either me directly, research synopses we did, or companies that I worked for.  And they took place anywhere from 1996-1999 in the infancy of the internet.  They could just as easily have been about marketing advice in social media today.  Now, I'll grant you that my old boss actually brought the term "Relationship Marketing" to the marketplace, so perhaps I was exposed to the philosophy earlier than most.  We just extended that vision with the Internet added as another part of the marketing mix.  But the notion of understanding and leveraging the behavior of social structures, influencers, etc. to provide value and foster a long term relationship is anything but new.  Referential marketing, Influencer Marketing, Strata Marketing, etc. are all just variations on the same theme.  So it's humorous to see a lot of social media marketing pundits describe these methods as groundbreaking tactics.  
 
I posit that the tactics and strategies aren't new, it's the ability to execute them so much easier that is groundbreaking.  What the general web did for direct marketing in the 90's, social media is now doing again.  Even deeper levels of access and intimacy are yet again made available.  However, as many of us found out the hard way back then, the more intimate the contact the harder it is to gain trust.  At the core of relationship marketing is the notion of what I will call "selling sideways".  The premise being that first you have to go through a trust building exercise (insertion into their communal circle, referenced via an influencer, etc.) before the value of what you have to say can be realized.  A head on selling proposition in an intimate environment actually creates mistrust both in what you say as well as anything you might say in the future.
 
What started this train of thought for me today was an article Eric who works for Forbes and blogs at Opinion At Large wrote titled "Why you don't need social media experts". {please note that the linked blog is Eric's personal blog, is not an official Forbes blog, and does not necessarily reflect the views of Forbes}
 
When I'm asked the question about why I feel so strongly that someone consulting in the social media world have a heavy background in marketing, my point of view is that it is this exposure to the above marketing philosophies that so closely mimic that of the social media environment that truly makes a real-world marketing background invaluable.  While not 100% of past marketers may have been involved in the above approaches, 0% of someone new to the field have been.  I say increase your odds and go for the evolved monkey over the amoeba.
 
Matt Ridings - @techguerilla

Apr 30, 2010
Eric Fulwiler said...
Matt, great post.

(Let me first clarify that while I do work for Forbes.com, the writing on my blog is solely my own opinions and do not reflect those of Forbes.com or it's affiliates, nor is Opinion@Large in any way associated with Forbes.com. )

Now that I have that legal stuff out of the way... ;)

I think this is a great point, and one that many people do not see/understand. I think the biggest statement I would focus on here is, "I posit that the tactics and strategies aren't new, it's the ability to execute them so much easier that is groundbreaking." Yes! This is groundbreaking. And the way you describe the "selling sideways" concept, is spot on, and something I have been mentally wrestling with for a while. A lot of what I have been musing about recently has been that these tactics aren't really progressive or advanced. Many of us already have (or don't have) the skills to succeed in social media. Strong business skills coupled with strong marketing skills and business sense is a great recipe for success in social media without being overwhelmed or intimidated by the buzz and hype surrounding it as a business tool.

Thanks for the read. We should continue this chat sometime. Maybe more real-time.

Best,

Eric

May 04, 2010
Megan Zuniga said...
Great article. There is a reason why research is the first step in marketing...Understanding your product, understanding your consumer most of all...These are the key ingredients for a successful marketing campaign or a successful brand. See, Coke for example. They are so successful (even before the internet) because they understood how the consumers think and have created the need for Coke. They do more than just market and sell their products but they influence people. Social media is not just a place for selling your products but creating an influence in your audience--maybe even a community. Building a community builds trust. And this will lead to customer satisfaction which a key ingredient to the success of any business.