Curated Resource ( ? )

Circular logic: do you "do social media because you do social media?"

Circular logic: do you "do social media because you do social media?"

my notes ( ? )

An article aimed at companies, so just substitute "government communicators" for "corporate marketers", and "citizens" for "consumers", as you read: "Technology changes fast ... but consumer behavior changes more slowly. As a result, people tend to overhype new technologies and misallocate resources, especially marketers. "posts from top brands on Twitter and Facebook reach just 2% of their followers (note: that’s followers, not new customers) and only 0.07% of those followers actually interact with those posts... people are more likely to complete a Navy Seal training program or climb Mount Everest than click on a banner ad.... a display ad is deemed “viewable” if at least half of each ad is visible on your computer or smart phone for a minimum of one second... more than half of online display ads appear on parts of a web page that are not viewable. It’s now common to say that social media is “really” about awareness, not sales... In fact, forget “traditional” ROI (that lovely qualifier), focus on consumer use of social media and... measure the number of visits with that social media application. How convenient: to be evaluated with a metric without tangible marketplace outcomes... a circular argument, and smart companies should not follow this flawed business logic. It’s time to expect more from social media and prove it." - Is Social Media Actually Helping Your Company’s Bottom Line? - HBR

Read the Full Post

The above notes were curated from the full post hbr.org/2015/03/is-social-media-actually-helping-your-companys-bottom-line?utm_content=buffer73c71&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer.

Related reading

More Stuff I Like

More Stuff tagged social media , metrics , promotion , roi

See also: Communication Strategy , Social Media Strategy , Content Creation & Marketing , Communications Tactics , Social Web , Communications Strategy

Cookies disclaimer

MyHub.ai saves very few cookies onto your device: we need some to monitor site traffic using Google Analytics, while another protects you from a cross-site request forgeries. Nevertheless, you can disable the usage of cookies by changing the settings of your browser. By browsing our website without changing the browser settings, you grant us permission to store that information on your device. More details in our Privacy Policy.