On the way to work this morning I was listening to a 2008 episode of Radio Lab about choice. The lead story had Barry Schwartz, author of The Paradox of Choice, discussing that for most people decision-making capability drops sharply when they are confronted by more than seven options. Listening to him as I walked, I realized this could also explain one of the major obstacles to social media adoption: there are too many channels for businesses to make effective decisions about which to use. And if there are too many options for businesses, what is that doing to our customers?
The answer is not to limit choice, but to sharpen focus.
A new client recently asked me what I considered "essential social media" for a B2B company. Off the top of my head, I listed (in no particular order):
We began with goal setting; what was the purpose of this online campaign? The client's experience showed that their existing sales network was very effective; the major needs were brand awareness, education, and maintaining customer loyalty. That suggested a single technology to me: email newsletters.
E-newsletters can be very effective at keeping your brand top-of-mind for both new prospects, who need education and awareness, and existing customers, who are reminded of past positive experiences. With the right set-up it is even easy to send multiple versions of your newsletter at once, each customized for a particular audience. Better yet, all of the other online options we discussed suddenly became part of a single project by contributing content to the newsletter, building awareness of it, and building a subscriber base.
It is also important to remember that no company can be successful in every social media venue, so it is always acceptable - encouraged even - to pick the few you want to focus on and ignore the rest. Redesigning the social media mix is fairly simple, so there is little opportunity cost involved. Still, this experience with my client was a good example of how asking the right questions and focusing on goals can change a seemingly impossible list of options into a single manageable project.
The answer is not to limit choice, but to sharpen focus.
A new client recently asked me what I considered "essential social media" for a B2B company. Off the top of my head, I listed (in no particular order):
- Blog
- Twitter stream
- Facebook fan page
- LinkedIn profile for key executives and company
- Email newsletter
- YouTube channel
- Online photo gallery
- Website optimization
- Wikipedia editing
- Mobile landing page
- Website overhaul (which includes blog, mobile page, and SEO review)
- Online media gallery
- Social networking
- Email marketing
- Online brand monitoring
We began with goal setting; what was the purpose of this online campaign? The client's experience showed that their existing sales network was very effective; the major needs were brand awareness, education, and maintaining customer loyalty. That suggested a single technology to me: email newsletters.
E-newsletters can be very effective at keeping your brand top-of-mind for both new prospects, who need education and awareness, and existing customers, who are reminded of past positive experiences. With the right set-up it is even easy to send multiple versions of your newsletter at once, each customized for a particular audience. Better yet, all of the other online options we discussed suddenly became part of a single project by contributing content to the newsletter, building awareness of it, and building a subscriber base.
It is also important to remember that no company can be successful in every social media venue, so it is always acceptable - encouraged even - to pick the few you want to focus on and ignore the rest. Redesigning the social media mix is fairly simple, so there is little opportunity cost involved. Still, this experience with my client was a good example of how asking the right questions and focusing on goals can change a seemingly impossible list of options into a single manageable project.