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Soulati-'TUDE!

Social Media — Hype or Reality?

03/16/2010 By Jayme Soulati

Today’s Wall Street Journal Small Business story “Entrepreneurs Question Value of Social Media” contains the usual pro/con, plus/minus stance journalists must take for fair reporting. It also states new evidence suggests social media is more hype than reality.

A marketing professor, Larry Chiagouris of Pace University’s Lubin School of Business, believes strongly social media can be harmful…if you say something stupid, offensive or grammatically incorrect.

Certainly, he’s right — words can kill, hurt or maim.

But, social media provides an opportunity for the small business owner (SMB) and entrepreneur to saddle up with the big guys. In fact, the SMB can do social media a whole lot better — with more flexibility, speed and targeted messaging.

According to the story, in 2009, “social-media adoption by businesses with fewer than 100 employees doubled to 24 percent from 12 percent in a study by University of Maryland’s Smith School of Business and Network Solutions.”

The crux of the matter is this — any new communications channel provides opportunity. Stick the big toe in, test the temperature. Being timid may be safer for your company’s culture and comfort zone; however, with time comes confidence. Once you understand that you cannot be on Twitter alone or launch a Facebook page strictly to regurgitate press releases, you’ll have more success.

So, here’s something to chew on SMBs:

1. Listen to the naysayers and get the eyes wide open to what may be a passing fad (says academicians). Then ignore it!

2. Stick your neck out of the comfort zone and jump in — tweet, do a Facebook fan page, try a blog, do some Internet press releases that point to a content-rich landing page, etc.

3. Lower the expectation and get ready to be pleasantly surprised with the experience.

You see, there’s something the academics are not telling you in their lofty commentary and market research. When you engage with real people who are peers,real or potential customers, you learn. You learn more than you ever expected, and that’s the value social media brings.

Nope, it’s not hype; it’s definitely reality. What do you think?

Filed Under: Social Media Strategy Tagged With: SMBs, Social Media

Paint, Pizza and Social Media

03/15/2010 By Jayme Soulati

Look around the walls that confine you. How many layers of paint make up what you see? The very first layer of paint on the dry wall was primer followed by several coatings of tint. Color is intended to complement the core structure; instead, it does a good job of hiding it.

In Chicago, Lou Malnati’s, along with my other faves Nancy’s Pizza, Rosati’s, and Leona’s make pie — deep dish, can’t-get-anywhere-else Chicago ‘za. (Yes, I’m salivating.) Malnati’s offers a butter crust, among other delights. When the home-made Italian sauce zingy with oregano, basil, etc. is added along with the four-blend cheese not to mention the veg toppings (spinach, onion, tomato anyone?) and, and, and…who can taste the crust?

Social media is akin to paint and pizza. In North America, Internet usage penetration is 74.2 percent, and there are 1.73 billion Internet users around the world, according to Internet World Stats. To find the actual number of blogs, good luck. In a post two years ago on Blog Herald, estimates by Technorati suggested 112.8 million blogs. Add micro-blogging via Twitter, and Facebook, MySpace, with social networking on LinkedIn and a variety of other social media layers/levels applied daily (whew), and where the heck is the crust and dry wall?

In your business, rather than stacking bricks willy-nilly in the hopes of decorative art, focus on the foundation. Concentrate on several initial layers of basic messaging WITH A STRATEGY and build from there.  Social media can be dangerous, especially when a public relations practitioner or marketer is caught up in the bells-and-whistles frenzy to add more, more, more. “Less is more!” said my former boss, Jodee Stevens, founder and creative director of Cardthartic.

So, as you paint and dine on “salivacious” (I do a lot of word coining) Chicago ‘za, stay focused on the first layers. Over time, spurred by on-tap strategy, add the anchovies — or not.

Filed Under: Social Media, Social Media Strategy Tagged With: Social Media Strategy

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