The Evolution of Advertising & Consumer Data

The ideal television of the future. The realis...
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More specifically, the evolution of your customer. Incorporating social media into your overall mix definitely has it’s benefits.  We tend to shy away from social media in business because we feel it’s unmeasurable (i.e., no real ROI).

When the television set and advertising was introduced in the late 40’s, early 50’s – there was a bit of caution and concern about this new method to reach viewing audiences with animated advertisements and messaging. After a few tries, the concept took off, and as the television gained more popularity and more people gained access, then real costs, returns, and monitoring took off and there was comfort in using this method as a way to drive/inform consumers to products & services.

Just as the television revolutionized a new era, the internet has done the same. This time evolving in a number of forms. From one-dimensional promotion to multi-dimensional communication. The opportunities with this media are limitless today, however at some point there may be some marginalizing before the next revolution is introduced.

In the meantime, to be successful at using social media for business, you have to look beyond the ‘cutesy’ interaction and (overheard) ‘time-sucking’ nature of the proverbial beast, and take value in the powerful lessons and consumer information you can learn from participation.

Engaging in social media is not about controlling the message, it is about learning more about the people who use your product or service and interacting with them in such a way that they value and promote you.  Social media is like word-of-mouth amplifyed.  You want to be a part of the conversation being had about your brand.  And you want the opportunity to have a voice.

From that positive interaction comes a new set of data to track, and you can begin to measure the value of your online interactions with the impact to your bottom line. This means commitment. Committing to the engagement, and committing to the follow through. You can have a deliberate approach to social media along with measurable results.

Don’t believe me?  Check out the following article titled “From Home to Social: The Evolution of Your Customer Data” by Jill Dyche

http://smartdatacollective.com/Home/25736.

Then ask yourself, am I committed to the value of my customer?

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If You Don’t Add Flour, Your Cake with Fall

Chocolate layer cake with chocolate frosting a...
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Yes, I’m a baker! Love the smell of yummy goodness in the oven! But when you set out to make that wonderful chocolate cake, and miss adding flour, you might get something similar to fudge.  If fudge is what you wanted, then you are on the right track… if you were preparing to make a cake, then you got it all wrong.  And please don’t tell me about the awesome flourless cake you’ve had. That’s not relevant in this case, and besides… in this post I “ain’t” talking about cake!

I just read a blog post by Shannon Paul about the missing ingredient in many social media strategies, and I couldn’t agree more!  Feel free to read it for yourself, or just follow along here.

The Missing Ingredient in Most Social Media Strategies « Shannon Paul’s Very Official Blog.

There are several steps involved in preparing to bake a cake:

  1. Preparation
  2. Ingredients
  3. An Oven
  4. and Willing Consumers (you can’t have a cake and no-one eats it!)

The same applies to engaging in social media for your business!

  • Preparation = Developing a Strategy
  • Ingredients = The Messages you hope to Deliver + The Messages your intended audience want to hear
  • Oven = Mechanism for Delivery or  The Social Media Sites you plan to employ (where your audience is)
  • Willing Consumers = Your Audience, Your Followers, the People who want to consume to product or program you are offering

Everything begins with a plan (or recipe), but beyond the plan there is execution (baking), then testing (tasting), and listening (feedback).  And once you’ve measured the feedback, you can determine whether you should revisit the recipe, tweak a couple of ingredients and try again.

The most important thing to remember though, if you miss an ingredient, or even a step in the process, IT won’t turn out right.

Plan + Prepare + Execute + Review = 4 Steps for Success

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