The Cost of Social Media Marketing


Nowadays when you talk about modern PR and Marketing, everything revolves around Social Media, the new internet. Everything and everyone hangs out on social networks, be it on blogs or in other online communities which makes it the logical choice for smart and effective marketing efforts. Until not so long ago only big and reputed organizations dared to venture into these unknown realms, but in the meantime everybody heard about the nearly endless possibilities of being present in the social web and nearly every business wants to be there and get a piece of the cake. 

Social Media is Cheap!


That is the common misconception. In the beginning this might be true, but just a little further down the road most businesses realize that that is NOT true! It is pretty easy to create a company profile or a fan p age but the constant updating and actualization requires a lot of resources.

One of the most common problems professional social media marketing providers like Foxfang Digital Solutions encounter is that companies actually think that Social Media in general is not that expensive and that the price-plans of Digital Agencies are exaggerated. A Facebook or Twitter Profile for example is quickly established they argue – but what comes next? Do the fans and followers come all by themselves? I don’t think so!

 It’s true that you can get a lot of followers in a relatively short time, but what about the quality? In the end, like any other marketing activity, Social Media Marketing is all about getting new customers, isn't it? What do you do with 10k followers but not a single lead generated?

No doubt one of the targets of a social media campaign is to work on increasing your followers and fans, but this is a long-term goal and doesn’t happen overnight. The major task is to engage and interact with your community and build a real acceptance for your brand.

We are on the Social Web - LOVE US!


Let’s say you reached 10’000 fans on Facebook and already have 1000 followers on Twitter – you think your work is over now? Wrong! Now the actual work starts! It is extremely important now that you engage your followership and don’t disappoint them. Because they expect that you offer some kind of compelling and engaging content. If you fail to do so you will see their numbers dwindle. Your fans and followers are not stupid and there are enough of bad examples out there, companies whit a pure marketing presence who lost the loyalty of their audience after a short time and wasted their whole effort.

The message is quite simple: Community Management is an intense and time consuming effort. Either you allocate internal resources or you outsource it to an external expert – in both cases it costs you. But if you opt to go with external consultants it will be significantly cheaper.

6 comments:

  1. Social Media has become a very powerful medium that helps business with their marketing goals. The growing number of active users interacting with each other on various social sites and the countless benefits on leveraging social media is one concrete reason why businesses regardless of the size and niche market must integrate social media with their marketing strategies.

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  2. Totally agree Paul, thanks for sharing!

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  3. Social media can be very inexpensive when compared to TV, radio , print, and even mass mailings. Unfortunately, far too many business owners fail to contact the experts for their complimentary brainstorming strategy consultation just as many were fearful of embracing social media and digital marketing initially. With the analytics available today, social media marketing has become more affordable and totally justifiable. I currently offer a smart phone application that will track and record every single lead from a custom designed marketing campaign. How many business owners even know it exists?

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  4. Sorry I forgot my id SusieQGuru@ aim, yahoo
    Com, gmail.com....but this phone app is the bomb!
    You are right that the experts can do it better and less expensive! Thanks for a great article!

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  5. It will attract attention from people who pass, who free instagram followers might tell other people, but the impact of the work you have put into developing and posting your content - often quite a lot of work - will be a fraction of its potential unless you put as much effort into promoting and spreading the word.

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  6. I really appreciate your article. the post has excellent tips which are useful. this post is good in regards of both knowledge as well as information.Digital Marketing Agency Bangalore | SEO Companies

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