There is a lot of information floating around about social media. Some people rave about how great social media is while others believe it's a total waste of time. Below is a list of common misconceptions that businesses often have about utilizing social media.
"Sites Like Twitter And Facebook Are For Kids"
Fear: Business owners have trouble understanding that it could be possible that the same site that kids use to socialize with friends could also be utilized to connect a business with it's target audience.
Fact: Yes, there are a lot of teens and college students on social networking sites. However the fastest growing demographic has been those 35 and up. In fact internet users age 35-54 make up 40.6% of MySpace visitors. Social media is a great way for organizations to reach out and connect with their audience to grow business.
"Building Online Relationships Is A Waste of Time"
Fear: There is no reason to network with people you will never meet. It will not drive my business.
Fact: Social media is a medium in which you can network with your target audience, clients and customers. There is no such thing as time wasted when you are networking with your target audience. Not all of your contacts will become customers but they can still provide feedback on services and products plus you can keep them informed about what is happening in your organization.
"You Cannot Measure Social Media"
Fear: It will be impossible to measure ROI on social media.
Fact: Social media is internet based which automatically makes it measurable. You can look at the number of fans that increased over time, the number of comments posted on your channel, the number of discussion threads on your forum, or the number of ratings your video received. These performance indicators can be measured to determine campaign success.
"Social Media Is Free"
Fear: I can easily create my own Facebook, Twitter and LinkedIn page. Why is it being suggested that I need to pay money to implement these campaigns.
Fact: A lot of the technology is free but simply creating an account on Facebook is not a social media campaign. You need to ask yourself:
~How do I increase the number of fans I have on my Facebook page?
~How do I get users to subscribe to my YouTube channel?
~How do I get people to retweet my message to their followers on Twitter?
~How do I get users to subscribe to my blog?
You need the campaign, creative and the drive to get your social media plan working for you.
"This Is Something I Can Probably Do In-House"
Fear: We have employees who are using social media. Why not use them to grow our business online?
Fact: Most employees are probably using social media for personal reasons, connecting with friends, sharing photos etc. When leveraging and monetizing social media for business it's an entirely different ball game. For creativity, campaign ideas and experience the key is to find an expert in this field to put your plan into place.
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