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Eric Pratum

At my last agency, it was a lot easier to measure social media ROI. A lot of the work we did was of a customer service nature. Someone asked how to fix Product X in some random forum? Our folks would be there to help. Another person complained on Twitter about Product Y. Our folks were there to respond. Since it was CS-focused, we could weigh the costs of 500, 1000, etc people being helped quickly by a single person online versus those same people calling a CS hotline and being helped one at a time.

Now, working with nonprofits, the ROI calculations are a lot less distinct, and to be honest, many nonprofits are not particularly concerned with that in my experience. They are concerned with the 4th point above, brand building. If there are defined brand building opportunities, they're in. If not, they'll wait and see.

As a result of this, I have to say that...If you're looking toward social media for brand building opportunities, upfront research and strategy are indispensable, and I'm not saying that like the normal, "No marketing without strategy." I'm saying that you cannot have any real idea of what your social media brand building opportunities are if you don't research them. Without the research, you're just throwing resources around in the dark and hoping you hit something.

Patrick Prothe

Your headline is definitely an attention grabber but I'm not surprised. I think many companies also don't thoughtfully plan out their marketing activities. They're reactive vs. proactive. And don't always take a long-term view. How many companies REALLY measure the ROI of their marketing, understanding exactly how much each lead costs; each sale?

In #imcchat we talk about the importance and benefits of integrated marketing campaigns. And connecting marketing with customer service. Again, few companies seem to do this.

As for social media, I'd guess that companies don't know where to turn, how to find /evaluate a good agency. So many practitioners talk a lot of hype without knowing how to deliver the goods. So companies dabble. React. Leave social to the most eager in their company. As a result they don't budget for it either. It's scary. It's daunting. How do you sell it? Where do you start? Skepticism from IT and across an organization can hinder a proactive plan.

Perhaps that'll change as the field matures. The other factor I believe is shiny tool syndrome. Rather than do the planning (because of lack of knowledge, strategy, etc.), it's easy to get caught up in the next big thing, focusing on the tools rather than a holistic approach.

Interesting study, but somehow I'm not surprised.

Kevin Donnellon

Great information. I find that my clients and prospects try to hard to "control" social media like mainstream marketing efforts. Then they wonder why they get limited results. Still tough convincing them that conversations over great content yield success (measurable).

Brian Driggs

Managers manage. They command and control and, in the end, they get by.

Leaders lead. They trust, inspire, and excel.

Managers see everyone raving about social media and feel they need to get into the game, lest they lose control. Control is important to managers.

Leaders, on the other hand, are raving about social media because they know their organizations are NOTHING without their customers, that what they make/offer is not nearly as important as HOW they make/offer it, and they can clearly see being social on even terms with the market makes it easier than ever before to serve.

Ike

Valeria --

I don't know that a corporation's "pilot projects" should be subjected to the same scrutiny. Yes, you ought to be measuring, and you ought to have an idea what you're going to do, but the Pilots typically are designed to either answer questions about HOW these techs can be implemented and potentially sustainable; and maybe to discover previously unknown opportunities or side benefits.

I wonder how much the results would change if we segregated out the explicit Pilot Projects from the freelancing cowboys?

Valeria Maltoni

@Eric - even a pilot program should have a reason for existing. How do you know if you succeeded without a plan, baseline, and metrics? Good example and comparison.

@Patrick - if social media is to move beyond the hype, it needs some rigor, just like the rest of the business functions. As you point out, it suffers a little bit from lack of planning and the reactive nature of the disciplines that are, how shall we put it, undisciplined.

@Kevin - it is hardly time to throw down a set of rules, and success often comes from trying a combination of things even with regular marketing.

@Brian - we'll need to start somewhere. And I have met some managers who had their heart and priorities in the right place, which is good news.

@Ike - would Pilots not need to eventually inform a plan? In my experience, which I'm ready to admit is not universal, Pilots are not explicitly set up with an intent to learn, measure, figure out what works... unless there is that kind of oversight and willingness to kill something that is not working, they're more free-wheeling.

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