Too many companies looking for proof that social media marketing works tend to look at the wrong things. “How much money will I make?” “How many new sales will I have?” Both are frequent questions from executives and business owners investigating social media marketing as tactics for their businesses. And they’re not bad questions, just sometimes the wrong questions. Sometimes it’s not how much you make, but how much of a difference your social media (read: relationship-building) efforts make in what your customers look like.
Sorry, Malcolm. You’re still on the hot seat. I was initially planning to call this An Apology To Malcolm Gladwell: Your Book Isn’t Crap After All. I was inspired by news of amazing work in the field of social media analytics — news that suggested that real Influentials were finally captured “in the wild.”
That was before I dug deeper. The facts are that some cool data mining techniques are helping one company leverage their own “Influentials” (Gladwell calls them Mavens), but the work isn’t scalable to other industries. The only thing we can say for sure about these Influentials is they’re helping someone half a world away pick up more cell phone minutes. Here’s the research that got me so excited.