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What's Next in Social Media?

Posted by Mike Volpe on Mon, Apr 26, 2010
 

whats next in social media

By definition no one knows what's next, but I was asked for a few comments by email this morning, and I thought that I would share them with you and see what you all had to add to the list.

  • Integration - people will realize that Twitter is not a marketing strategy. Making social part of your entire business from the culture, to the people you hire, to the content you create and the products you build - social media is not a strategy, it is a new technology that should be integrated into everything you do. the day people stop talking about "social media" and start talking about business, strategy and marketing will be a great day. already at HubSpot we don't treat social media separately or special - it's just another part of the world for everyone here, like email, phone and the web.
  • Location and other structured data - (already happening, but I have been saying it for a while) adding more data to social media makes it more personal and more customizable and more searchable. basically, overall adding location and other markup data makes it better, and location is one example
  • Measurement - companies will move from measuring friends and followers to measuring what actually matters: leads, sales and ROI

What do YOU think? A blog is social media afterall, so leave a comment and let's discuss...


Tags: 

COMMENTS

Mike,  
 
I think you're right on. Social media absolutely needs to be integrated into existing communication strategies, not looked at as a completely separate strategy. I also think location technologies are going to grow and become more valuable. This is taking shape already with the new iPad apps like Dishfinders and Dash Four. And, your last point about measurement is absolutely key. Followers and fans are only important when you know how to relate those to the bottom line. It's great to be involved in social media and have lots of friends but when you're running a business and responsible for results, management isn't going to be thrilled with numbers unless they are helping the business numbers.  
 
Great post, thanks!

posted @ Monday, April 26, 2010 9:34 AM by Jessica Dennis


I think general acceptance comes first. Acceptance will not come until the larger and traditions corporations start to accept and permit their staff to engage.. Only 15% - 20% of Fortune 500 have blogs. Does anyone what is the percentage of people trapped behind a firewall? However the changes are already happening with Unilever understanding that social media has positive impact on staff and their brand alike. They actually promote staff to engage! To acceptance is coming and coming fast. 
 
 
 
So it comes down to what you say “at HubSpot we don't treat social media separately or special - it's just another part of the world for everyone here, like email, phone and the web.” 
 

posted @ Monday, April 26, 2010 9:35 AM by Patrick Murphy


Perfect. Social is moving away from the soft measures (brand) to where it belongs. Measurable ROI driven on one hand but human...empowering your employees and constituents to come out from behind the "we are a faceless brand and you are compliant Consumers" to collectively solve problems.  
 
People pay you to solve problems.

posted @ Monday, April 26, 2010 9:35 AM by Chris Baggott


@Patrick - 
 
I agree that we need more mainstream acceptance! 
 
Hopefully people will not look to the F500 for leadership, but look to the thousands of small and medium sized businesses that are already getting great results from inbound marketing... if you wait for the F500 to move, it will be too late!

posted @ Monday, April 26, 2010 9:41 AM by Mike Volpe


Mike, I totally agree on the integration front. Especially considering that consumers will only engage en massse in a limited number of social media venues. Traditional marketing is still essential and treating the two sides as teammates is the only way to really market successfully.

posted @ Monday, April 26, 2010 9:54 AM by Josh Mendelsohn


@Mike 
 
 
 
I completely agree the majority of business are benefiting already. And what I expect is that the early adopters will benefit unbelievably as the walls come down further. If we waited on the F500 we would not have Google, Yahoo, HubSpot need I go on.  
 

posted @ Monday, April 26, 2010 10:14 AM by Patrick Murphy


I believe you are right Mike. However, the majority of people and businesses are still 'learning' about how to use social media for business, so I feel there is a long way to go yet. When you live and breathe SM, Internet marketing etc its easy to loose site of where most people are at. It is new to many and that is why its separate from traditional marketing strategies. Also, I feel there is a question on how long will FB or Twitter last? It used to be Yahoo then Google, it used to be MySpace now Facebook, nowadays there deoesn't seem to be much longevity. When you get on ground level and talk to local business owners you realise that while some businesses are leading the way with Foursquare,and innovative tactics with Twitter, the majority don't even know how to set up a Facebook page. And here's something else that has crossed my mind... social media is moving fast, very fast and becoming such an intrusion into our personal lives. Its becoming more invasive and annoying that an Adv on TV. Maybe it will reach a peak, people will just get sick of it and the bubble will burst???

posted @ Tuesday, April 27, 2010 10:32 AM by Stacie Chalmers


I think social media will be around for quite a long time as most business large and small are only just getting to grips with the concept and how to use it effectively in their business. Social Media is like the icing on the cake but many companies haven't got the cake built yet, websites, SEO,PPC etc.

posted @ Monday, May 03, 2010 10:56 AM by Anthony Burke


I am looking for a really good social media tracking company -- somebody who can track when certain phrases are used. Can you recommend a company? What should I be asking to know the company is any good?

posted @ Tuesday, May 04, 2010 3:41 PM by Roberta


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