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Social Marketing: It's Relationships, not Numbers

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  • Marc Freedman
    What do you think?  Does 30,000 followers on Twitter have any real value?  Is it equivalent to 30,000 LinkedIn connection?  Marc ... Subject: [New post]
    Message 1 of 1 , May 4, 2011
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      What do you think?  Does 30,000 followers on Twitter have any real value?  Is it equivalent to 30,000 LinkedIn connection?  Marc


      -------- Original Message --------
      Subject:[New post] Social Marketing: It's Relationships, not Numbers
      Date:Wed, 4 May 2011 22:40:16 +0000
      From:My LinkDaddy <no-reply@...>
      To:marc@...


      WordPress.com

      Social Marketing: It's Relationships, not Numbers

      Marc Freedman | May 4, 2011 at 4:40 pm | Categories: Marketing, Relationships, Social media | URL: http://wp.me/pAEbu-8y

      I'm a numbers man.  Yeah, it's a competitive guy thing.  Today it's marketing metrics.  Seven years ago it was social media.

      I saw the top Dallas LinkedIn member had 1,200 connections.  In the words of a A Chorus Line, I said "I can do that".  And I did, and much more.  In three years I was number three in the world.  Objective achieved.

      Value modest.  Cost in time great. Return low. Recommended no.

      The past two years the game has changed, expanded to Facebook and Twitter.  But there is one difference.  At least with LinkedIn I had access to connection data like location and industry to target contacts.  I had an email address I could mail (for now, until LinkedIn takes that away). It's a real contact.

      You don't have that with Facebook and Twitter.   The value of a marginal unengaged contact is nil. And 100,000 times 0 is still 0.  As Paul Gillin writes in Do fans and followers really count?, anyone can buy or acquires tens of thousands of followers.  So you can keep your 45,293 twitheads.  I'm not impressed.

      Our updated scorecard for the Twitter numbers studs:

      Value negligible.  Cost in time modest. Return negligible. Recommended never.

      And it's a good thing.  Because you can focus on the numbers that really count - customers, sales, and engagements.  You can build relationships that have real enduring value ... not big numbers filled with hot air.

      Now if you still want to build those LinkedIn connections, have I got a deal for you ...

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