Category: ROI

I was privileged to speak to a class at Southern Methodist University last week on social media for nonprofits. Nina Flournoy, the charming, accomplished corporate communications professor, was taking a very practical, professionally focused approach to the material. Clearly, the bright, enthusiastic students were hungry to comprehend the marketing power of social media.

They asked great questions – What makes something go viral for a business or nonprofit? How do I know what to post? When to post? How do I find my audience? Looking back on the day, my insights were many, but I was surprised to notice that though we may be asking similar questions, our points of view were remarkably different. Facebook, Twitter, and social media are as much a part of their daily lives as the telephone or the iPod. In fact, they live perpetually connected lives. Therefore, looking at these social media sites as marketing channels to be managed or positioned can feel incongruent. Social media is simply how they live, how they interact with the world and each other. It’s second nature—breathing, eating, sleeping—and tweeting! The reality is here:

As part of a slightly older generation of professionals, I am still experimenting with ways to integrate, coordinate, and differentiate somehow. But whether you are Generation X, Y or Z, I think these are questions we as marketers must address right now, in the moment. We are all trying to figure out how to weave social media tactics into the overall marketing mix—and manage them effectively. As we know, setting up a Facebook account or a Twitter profile is just the beginning—definitely not the whole story.

Content is king—but even more important is the conversation it triggers. Social media is less about information and more about participation. And geez, that is very hard to schedule! It is an activity, behavior, and process. Therefore, the question is—does the user experience have value? I think that’s where businesses and nonprofits are stymied. They look at social media and ask, “how is this relevant?”

And yet, that’s probably the flawed interpretation. Twitter, Facebook, and Linked In are really relevance-neutral. They are only as effective as their context. Sage North America recently released survey data that “88 percent of U.S. and Canadian nonprofits are using some form of social media, although less than half of this number have been using it for more than a year.” The surprising news is, “Of those who have not adopted a social media campaign, 45 percent indicated that it was because they were unsure of its relevance or advantages. Others said that they were unable to devote the time or resources.” The other hesitancy seems to be an uncertainty about integrating existing online transactions with social media environments. “91 percent of nonprofits said that they raise funds online, yet only 58 percent of these respondents said they use social media for fundraising.”

The challenge is to embrace the social media landscape in a valuable, productive way. That is, from a business perspective, we need to find a way to aggregate the vast, messy world of social media into a usable set of metrics, messages, behaviors, and/or outcomes. As I have written in earlier posts, it’s the new success measure—ROE, return on engagement.

At the end of the class, the SMU students asked me the question, “What’s next? What’s the next big thing?” What a fabulous and provocative question. There is some buzz about this among thought leaders. They suggest it is the question is really “What’s next on the stack?” We need to think about the media communication world as a stack or a progression. Many point to aggregation, dashboards for marketers, and consolidation tools. Chris Vary of Weber Shandwick and the Dallas Social Media Club says he suspects Twitter has probably peaked in terms of growth, so we should keep our eyes on the social media horizon. I have read there are 11,000 registered third party apps built on top of Twitter and probably more for Facebook; therefore, I’m thinking the cycle dictates some sort of consolidation or filtering.

Thinking back on my visit to SMU, where I earned an MBA and an MA, I am dizzied and overwhelmed by the acceleration of change. When I was sitting in those same chairs in the Hughes Trigg Building (well, maybe replaced since then) twenty-ahem years ago, I was thinking about taking my box of punch cards to the guy who worked on the other side of the little window in the mainframe building. No PCs. No Internet. No email, even. Still had the old Smith-Carona and Liquid Paper, for heaven’s sake! So hard to fathom.

And now, I can’t imagine a day without my iPhone and HootSuite. I guess I’m sort of a hybrid. As I wrapped up my remarks, I waxed a little nostalgic and encouraged the students to stay open, curious, and highly, highly adaptive.

The human condition is evolving at hyper-speed—intertwined with high-velocity technological innovation focused solely on expressive capability. As NYU professor Clay Shirky observes, “The moment we are living right now, this generation, represents the largest increase in expressive capability in human history.”

So consider this—social media as we know it right now will not be recognizable in 3-5 years. What do you think is next? Are you ready?

Elaine Gantz Wright writes about social media and other communications phenomena. Please post your comment below and join the conversation. elgantz@ yahoo.com