Thursday, September 24, 2009

Social Networks and Business 101 for Radio Advertising Professionals

Thanks to Eric Rhoads at Radio INK Magazine for sharing on Facebook this article by social media expert Soren Gordhamer posted recently at Mashable.com. It's an insightful and incisive piece on the new opportunities - and pitfalls - that sooner or later will confront all of our radio station clients and everyone else in business, thanks to the inexorable growth and influence of social networks.

Gordhamer touches on four broad shifts that will have a profound effect on the way we do business:

1. From "Trying to Sell" to "Making Connections" Facebook, Twitter, and You Tube have exploded into our daily lives with powerful repercussions. They're redefining how we establish and maintain successful customer relationships, without the limitations formerly imposed by time or geography.

2. From "Large Campaigns" to "Small Acts" Word-of-mouth used to take days, weeks, months, or years to have an impact. Today, thanks to instant communications via the social networks, a small flame can become a raging fire in a matter of minutes. No wonder CEOs, owners, and top-level officers are increasingly engaging their customers directly via Twitter, Facebook, or the company blog. (Most radio stations have integrated these channels into their own websites - or soon will - and AE's with an eye to the future are also helping their advertising clients navigate these waters.)

3. From "Controlling Our Image" to "Being Ourselves" Public scrutiny is a fact of life for a businessperson. The old model suggested a wall of separation between a company and its customers. Forget it. That wall is crumbling and is being replaced by the new paradigm: transparency. Might as well roll up your sleeves, let down your hair, get comfortable in your own skin and let people see you for who you are. This is not to suggest becoming artificially casual or sloppy, or to jettison the professionalism customers have come to expect. But you - and your clients - are also human beings, with a life beyond work. Don't be afraid to share that part of you, also.

4. From "Hard to Reach" to "Available Everywhere" Having a telephone number and an email address is fast becoming not-good-enough. Customers increasingly want to be able to reach you on their terms (read: favorite channel - Twitter, Facebook, et al) and they're spending their time - and money - with companies that get this.

Put on your customer hat for a moment. Think about the last time you researched a purchase online - at Amazon, say, or Cabelas, or some other big player - especially for a new and/or expensive item. Did you check out the customer reviews? Were you influenced by them? (Most consumers say "yes" and "yes.") User feedback on eBay falls into the same category. Do your advertisers make it easy for their customers to provide open feedback? This is no passing fad or light option; it's the wave of the future.

We really do care what others think, say, and do. Today, even a stranger's experience can have a significant effect upon our own decisions and behavior as consumers. And strangers can quickly become friends, fans, consultants or customers.

Success in business will become ever more dependent upon the quality of interactions with customers and prospects, experiences that are no longer confined to stores and offices.

Welcome to the future.

1 comment:

  1. Given your interest in advertising and the blog This Commercial Sucks, you might also like Pointless Planet:
    http://www.pointlessplanet.com

    ReplyDelete

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