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From time to time, we get the question “what’s the risk of not having a social media monitoring tool?” The question reveals a perception that “social media is just an add-on to other media outlets”. It’s not. Social media has a different set of rules and is reshaping entire markets.
With social media, people are engaging and interacting around context, not necessarily personal relationships. Whereas we used to connect around place (neighborhood, community, schools, associations, etc.) we now link to online personas that share our intellectual interest and emotions. For many, traditional media is no longer the main source of information. Increasingly people turn to social media looking for “someone just like like me” and consequently, many blogs and forums discussions are more important in shaping opinions and perceptions than traditional media outlets.
Likewise, PR and marketing campaigns are no longer about one-to-many communication by distributing press releases and pushing “call to action”. Via social media monitoring tools, companies connect and interact with people that have expressed interest in a particular topic.
Still, the strategy of reaching out to people of influence has not changed. PR and marketing efforts still try to connect with “trust agents” that are likely to pass on a particular message to their networks. In effect, successful campaign management is engaged in one-to-one-to-many communications. The PR or marketing message gets forwarded from one-to-one-to-many if it connects with the interests of the person receiving it, AND if it provides value to his/her network.
The main challenge for companies using social media is therefore the blurring between marketing and communication. Marketers want to use it to sell, communicators to build relationships. Of course, social media is very much about being a real member of a community and providing value, rather than just chasing the next sale. That increases the number of people a company has to deal with, requiring more time and investment in building relationships.
The effect of social media monitoring and interaction will have a profound effect on the PR and marketing industry as we know it. PR and marketing efforts is increasingly about connecting with real people and because everyone is involved in a network, it’s not just up to the people working in the PR and marketing departments. A well thought out strategy will leverage the connections of the entire organization, leaving a more profound, valuable and documentable impact than any traditional campaign could ever hope for.
Want to start listening in on social media conversations? Sign up for the free trial of the Imooty social media monitoring tool today.
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An important element of Online Reputation Management is developing a social media policy for your employees. Social media behavior can certainly influence how your brand or company is being perceived.
Traditionally, creating a “policy” focuses on restricting action, i.e. outlining things that cannot be done. However, the whole point with social media is engaging your customer! Therefore, in the interest of promoting engagement, focus on what contributors CAN do.
First, make sure that the idea of community is well understood. The idea is to participate in a network where you can support others that in turn will support you. It should be a place where people will be comfortable with connecting, sharing experiences and asking for advice.
Transparency will play a major role in establishing trust and finding the balance between personal and professional information will be the main challenge. Still, transparency does not mean unrestricted sharing of company trade secrets for example. Employee’s are obliged to protect confidential information.
Also, make sure your employees understand that they will bear full responsibility for what’s being contributed. There’s no implied right to say stupid things under a disguise of “self expression”. Sure, it’s all good to share your opinions online, however, contributors need to consider each audience and ensure that statements will not be misunderstood as narrow minded or discriminating.
Specifically, contributors need to understand that what their social media activities will be part of the company’s overall online reputation management. Their actions will influence how they are being viewed within the organization, as well as how external parties will perceive company culture. Make it clear that their activities will be part of your company’s overall social media monitoring efforts.
Finally, provide value to your community! Many companies seem to have a hard time speaking about anything else than their products and services… Find topics that connect to the bigger picture, such as general industry news, developments and FAQ’s.
Want to try Imooty’s Online Reputation Management tool? Sign up for a 4 week FREE trial at Imooty.eu!
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In a recent survey of over 2000 German media intelligence professionals, respondents answered questions centering on three topics; impact felt from the financial meltdown, gender issues and professional ethics.
Not surprisingly, it is the media intelligence professionals from the automotive and metalworking industry that are hardest hit by financial crisis. Particularly challenging is a rising communication need (45%) combined with a decrease in available resources (30%). The average yearly income has furthermore decreased with €6500 compared to 2007. Challenges are a further focus on added value communication aspects (36%), concentration on legitimation over image related aspects (35%), intensified internal communication (21%) and increased efficiency control (29%).
The media intelligence profession furthermore see an increase in female practitioners. In 2007 53% were men, whereas in 2009 we see a 50/50 split. For professionals under 30, 78% are female and between 30-39, 55%. As the professionals come of age, over 40, we see increasing male dominance. For those over 50 there is a 2:1 ratio between male/female practitioners. On average women earn ca. €22.500 less per year than men (€75.876 vs. €53.301). This discrepancy can in part be attributed to the fact that on average women practitioners are younger than men.
In recent years, corporate transparency has become a top-, front- and center issue for the media intelligence profession and 88% of the respondents agree that it is a condition for communicating trustworthiness of their organization. Only 4% of the professionals work in a department subordinate to another department. Consequently, about half of the professionals see their strategic influence on the media intelligence policy of the company as high or very high (and thereby presumably also on corporate transparency). Still, many of the respondents also criticize senior management’s understanding of the strategic importance of a consistent media intelligence policy.
Check out Imooty’s next generation media monitoring and media intelligence tool at Imooty.eu
