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Nov 3

Written by: Insights Account
11/3/2009 9:30 PM

 

 

by Aaron Cacali, Interactive Creative Director, Brunner Digital

Social media is inexpensive, right? Maintaining a company blog, keeping your brand active on Twitter and Facebook, and participating in online forums and discussions - it all seems like it would be cheap, doesn’t it? There are relatively low production costs; usually nothing approaching the hundreds of thousands of dollars it costs to produce a typical TV Spot or web site, or even the tens of thousands it often takes to create a print ad. And there is no large mass media buy, which is often the largest expense in a brand’s marketing budget. So if building and maintaining relationships for your brand through social media doesn’t take a ton of money, what is the cost?

The cost is time. A lot of time.

Establishing a presence in the social media space isn’t quick, and it’s certainly not something that you do once and then allow to run on its own. Just like any relationship, you need to put in the time and effort to listen, respond and offer something of interest on a regular basis. Monitoring online conversations, responding when necessary and generating a steady stream of content to keep people interested generally requires dedicated effort on a daily, if not hourly, basis. And once you start, you’re committed: if you stop communicating regularly then the relationship fades.

This sounds like a lot of work, and to be honest, it is. But if the alternative is that your brand isn’t present where millions of people are spending their time, or if you’re present but largely silent, then doing what it takes to for you brand to live - and prosper - in the social sphere is well worth it. It’s where the people are, and to be noticed you need to visible and active. So commit part of your brand team to maintaining a social presence. Hire people dedicated to social media or enlist the help of an agency that knows what it’s doing in the social space. Your brand will thank you, even if you need to spend some extra time to get results.

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1 comments so far...

Re: The Real Cost of Social Media

Comments are spot on. There's been a lot of pressure here to get into the social media space. However, once you ask questions like, "are you going to do several posts every? Will you respond to every email that comes in? Will you ensure that content is fresh, relevant, valuable, two-way, and constant?" they realize the level of commitment needed to make this a viable medium. There's great promise with social media, but it's not going to be effective is all you do is set up a fan page, a few tweets per month, and hawk your services.

By Lee on   11/19/2009 12:04 PM

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