An article from EConsultancy.com
highlighted in one of my online discussion groups proclaims "50% of Businesses Believe That Social Offers Greatest
Marketing Opportunities Over Next Year”. The subhead then reads: “Digital
marketing offers greater opportunities for businesses over the next year than
more traditional channels, according to a new report.” Wow! Makes it sound like
you better hurry up and switch your marketing to social media, right away.
Gotta keep up!
It sounds that way until you read the full article. Later
on, more information clarifies that “[t]he report is based on a survey of
nearly 900 Econsultancy subscribers from both companies and agencies, carried
out in April and May 2013.”
Seems to me that 900 of a company's subscribers is a far cry from giving a true representation of "50% of all businesses" (emphasis added). This is yet another example of the overemphasis companies may place on their facts and figures to bolster their own viewpoint, philosophy and product line. It would have been more accurate and less misleading to say that 50% of Econsultancy's subscribers believe...
The
article itself should be very helpful in supporting the need for greater
integration of online/mobile marketing for those who are involved in this
approach. But to make it sound as if everybody is, or even should be, flocking
that direction is a gross misstatement.
I know of many businesses who are either barely or not at all involved in social media and they are doing just fine. Their marketing/advertising program nets them a very handsome Return On Investment. I do find it amusing that in the article's chart of marketing channels the print yellow pages are not even represented. I would assume it must comprise part of the 3% of marketing channels referred to as "Other".
My clients and I, as well as countless other businesses who have experienced
continued solid business profit from the non-social marketing world, beg to
differ with the article's conclusions. And I actually take a little offense to
being excluded.
As always, my advice for most everyday business people is to keep your view open. Continue using the media that works for you until it is demonstrably not working before switching to avenues that have only the self-aggrandizing hype from within their own ranks to support their products and programs.
There is more than one way to build a marketing/advertising program. Build with proven products and products with which you can find a way to track results. If that includes a substantial investment in social media, so be it. But to declare any one channel as the only way to go is not wise.









