Social Media: forget the tool, focus on the big picture

August 14, 2009


My father got my announcement about our new website the other day – http://www.sophiathinkconsulting.com and he immediately shot back a link
http://www.marketwatch.com/story/join-my-im-bitter-about-twitter-club-2009-07-29?siteid=nwtpm to indicate his opinion of social media. And while I appreciate the blog topic which contends that investing financially in Twitter at this time is risky business, I think my father is missing the point.

Tools aside, the social media industry’s overriding mission – to create mechanisms to build virtual communities of like-minded neighbors has legs. It’s here to stay. Anyone focused solely on the tools (be it Twitter, Facebook, LinkedIn or the myriad of other venues) is missing the point. I realize learning to navigate in this new arena can be daunting, but show me one smart executive that isn’t interested in cost-effective ways to connect with their market demographic.

Business leaders spend lots of time and money wracking their brains (and urging their employees) to seek effective methods to determine what their customers are thinking. Social media, for all its faults, provides a bird’s eye view into the thoughts of millions. The challenge for business leaders is pretty clear. They have to figure out how to listen to the participants by sifting through the ocean of data points so they get to the relevant messages. Not an easy task and particularly daunting in a venue that has proved impervious to short cuts….it takes time, consistency and authenticity (an elusive commodity) to cultivate a successful online presence.

Whether Twitter is a success story or goes the way of so many other technologies remains to be seen. But in a world enamored of the next big thing and addicted to spilling its guts with abandon, you can be sure there will be plenty of new options ready to step up and take its place.

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