Why B2B Marketers Cannot Ignore Social Media…

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According to an eMarketer study–courtesy of David Deans’ post on MarcomProfessional–B2B marketers are laggards when it comes to social media.  The study indicated that half of B2B marketers surveyed are not even using content marketing tools such as blogging.

Forget about social media tools and focus on social media strategy.  Social media is not optional for B2B marketers.  It represents a fundamental shift in the way your prospects and clients communicate and interact on the internet and is quickly spilling over into the offline world as more people invest in mobile devices and location-based services such as FourSquare

Social media cannot be ignored, nor can it be relegated to an experimental grass roots effort.  B2B marketers must consider social media when developing their marketing and marketing communications strategies–even if your strategy begins with a small phased-in approach such as setting up listening posts to at least monitor the social sphere.

Ok… but I’m still not convinced of the ROI of B2B social media

In December 2009, I discussed why seeking the ROI of B2B social media was like seeking the ROI of a brochure.   The post featured the popular Eric Qualman video, “Socialnomics:  Social Media ROI” based on his book Socialnomics.   Here we are six months later and the pace at which social media is gaining adoption has accelerated significantly.  Eric Qualman has created a refresh of his original video which emphasizes the accelerated pace of adoption and goes as far as to suggest that the ROI of social media is “will your business exist in five years.” As radical as that may seem to many B2B marketers who haven’t even begun to consider a social media strategy, it’s not far-fetched at all.

Perhaps the question B2B marketers should be asking instead of “what’s the ROI of social media” is how much longer can I ignore social media before it will begin negatively impacting my business?  Watch the video and let me know what you think.

Related Posts:

» Just How Social Is B2B Social Media
» Why B2B Integrated Marcom Is Needed Now More than Ever
» A 47 Million Dollar B2B Social Media Success Story
» Do Your Marketing Communications Feel Like Marketing?
» Is B2B Marcom Creating Valuable Content?


Comments

2 Responses to “Why B2B Marketers Cannot Ignore Social Media…”
  1. Steve Johnson says:

    Like this video. It’s a powerful message not only in terms of the information presented, but also in the in the manner it reaches us, or we reach it – Nothing like using social media to tell a story about social media.

    • Joan Damico says:

      Glad you like it, Steve. Eric Qualman has a number of other videos in a similar format that you might also enjoy. You probably already saw them when you visited the “Socialnomics” link above. Social media… viral video… it can all be effecive at telling a story.
      Thanks for your comment!

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