Of Joe’s suggestions, this one stands out:
2. Forget about ROI. Social media (when you get there) will be a cost of doing business. Defining ROI with your social media strategy is much easier for a smaller company. You can track people you’ve met through the blog or Twitter and began a business relationship. For larger companies, social media activities are mandatory for getting involved in your customer and prospect conversations. Treat it as just part of having a business. Your customers are talking about you. As a company, you just need to make a decision about whether you want to be part of that conversation or not…
I completely agree, but can companies really not measure the return on their social media investment?
Junta42 blog: Six Key Considerations for Your Social Media Strategy
1 response so far ↓
1 Valdis // Oct 20, 2008 at 11:18 am
G, For SocMed ROI you need to mix social network metrics with biz metrics… I have a whole presentation on that.
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