19.05.2010

Does Social Media Work?

Does Social Media Work?

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There is tremendous momentum within the social media marketing sector at the present time. It's been growing incrementally for the last three years, but the key questions are; does it really add value as an additional channel and will it work for my business? The essence of social media is that it endeavours to raise your profile, to enable you to be talked about and hopefully to generate business from these conversations. In some segments, simply stimulating that buzz is sufficient to initiate actions that will generate business. However in most businesses, social media is a red herring. It's just another form of revenue extraction from your hard pressed marketing budget. You need to consider all of your inbound marketing activities very carefully to ensure that you are focusing correctly on the fundamentals of customer acquisition and conversion before you decide to leap on the social bandwagon. Your website is the cornerstone of your internet marketing activities and if this is not peforming properly, take the time to get this right as a first step. Use analytics to verify your site's performance, make sure that you are properly optimising the site. Then you should review all the other available options in an objective analysis. Don't be fooled into jumping into the raging torrent of social media before you know that you have to.

NetGrowth Consulting is a specialist Internet Marketing business geared toward SMEs.

In a rapidly changing and constantly demanding environment, many SMEs lose focus on successfully…

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