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March 2, 2008

SMM - Social Media Marketing, joins the family of SEO & SEM

Social Media Marketing, the new media Web 2.0.

Social Media Marketing has been coming on strong for some time now. This is a wonderful new area of the web. The struggle I have seen with many people is understanding its business impact. As marketers it is difficult to get your head around such a viral arena. On one hand SMM brings reach because it is so prolific. The number of pages and profiles coming online make the early days of the internet pale.

Reach Dilution

My first question is how to leverage this reach for marketers when on first glance it appears to expand the reach opportunities in advertising and at the same time dilute the effectiveness of advertising. On the other the target of SMM advertising, the relevance of the audience goes up exponentially.

Demographic Targeting

I like this revolution of adverting to the original onset of Search Marketing. At first it was an educational sale and a tough one at that. The impressions of Search Engine advertising are so small compared to the cost per thousand, CPM, model it is staggering. At the same time the value delivered by SEM and the return on investment make it one of the best media buys in the industry. This is because the SEM audience is predisposed to your product or offering by nature of the search terms entered into a search engine. SEM is no longer tenuous media, in fact it has joined the ranks of mainstream and any serious marketing is obligated to this space.

The Me Too! Effect

Will SMM make the same transition? The jury is still out on that one. The flood of rapid entrants into this media makes it appear so. These entrants may have learned that SEM is now mainstream and many marketers have missed the boat because of a wait and see position. So now these same marketers are flooding into the space espousing it’s virtues.

No Silver Bullet

The truth lies somewhere in between for SMM however. It is time consuming and and arduous endeavor. But if done correctly it can rival the best that Madison Avenue has to offer in results.

Stay tuned for SMM tips and how to make your SMM program a success.

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