One of the biggest misconceptions about
Social Media is that it will somehow “kill” traditional media as
a means of advertising and interacting with clients and potential
clients. Television, radio, and print ads are not obsolete, nor are
they useless in the modern age of social media marketing.
The reality is that all forms of the
more conventional advertising channels have had to adapt to the “new
kid on the block” - Digital Media. You would be hard pressed to
find a television or print ad for any major product or service that
doesn't contain an invitation to “visit us on Facebook” or
provide a domain name for the company's website. Quick response
codes, those squares with the leopard spots, that redirect mobile
devices to a website, are all over ads in the subways, buses and
common spaces in every city around the world. Ill-conceived “tweets”
are often the substance of a television news story, giving an
advertiser some unwanted notoriety while at the same time providing
television with material for a story.
What has changed with the arrival of
social media is the degree to which an advertiser can interact, in
many cases instantaneously, to a consumer's question, compliment, or
complaint. A company can no longer deliver a monologue on how their
product or service is the best, fastest, or cheapest without being
publicly called to task by the consumer. In fact, instant comparison
shopping is available to anyone with a mobile device and the right
software to scan a barcode. Traditional bricks and mortar stores now
have to meet their competitor's prices on the spot - or be last in
the race for the buyer's buck. Most larger companies have had to
rethink their entire customer service strategy, since social media
advertising demands constant monitoring and an ongoing dialogue with
consumers.
With the billions of dollars being
spent world-wide on marketing strategies and advertising, it's not
likely that traditional media will die or simply pack it up and go
away. What is taking place is actually an evolutionary process (some
would call it a revolution) whereby a shotgun-wedding of traditional
and digital advertising is taking place. The success of this
marriage will be depend, as with any successful coupling, on how well
the two components complement one another. Without fully accepting
the partnership and cultivating the possibilities of harmonious
co-existence, neither will reach its full potential.
To find out more about how your
business can take full advantage of Social Media's broad reach
contact us at www.roambusiness.com.
RKN
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