Lowering the Bar for Brands in Social

When it comes to social media marketing, it’s still a mixed bag: some brands and companies are getting it right and others are lost in the weeds or aren’t using social media much at all. Nate Elliot, an analyst at Forrester, think that the key to brands and companies mastering social media marketing is lowering expectations:

I think the main reason marketers still struggle to make social pay is simple: They overestimate social media as a marketing tool. Let me be clear: I’m not bashing social’s value for marketing; social media can have an enormous impact on the success of your marketing programs, as we’ve seen time and time again. The point I’m making is that it can’t create that success all on its own. You need to use it as merely one tool in your marketing tool kit. I cringe every time I hear a client ask how they can build a brand with social media or drive sales with social media. Of course, social can ultimately contribute to both goals, but it’s simply not very effective at taking the lead when you need to build your brand or acquire new customers. The key to success is figuring out what social can and can’t do — and then leveraging social tools where those tools excel and turning to other channels and platforms in situations where social isn’t as well adapted.

Read his full post on Forrester Blogs here. Follow him on Twitter at @nate_eliott.

 

https://digiday.com/?p=10429

More in Marketing

Manchester City uses Fortnite to expand its global audience

As Manchester City rolls out its own Fortnite experience, it will have to contend with the fact that this brand new world does not come with a pre-existing user base. To address this problem, the company plans to leverage its network of players and talent to spread the word across their social feeds.

How Chipotle’s fighting-game-focused esports strategy is paying off at Evo 2024

In 2024, Chipotle’s choice to court the relatively niche fighting game community appears to have paid off. According to a joint study by YouGov and the agency rEvolution, which helped develop Chipotle’s gaming strategy, U.S. esports fans between the ages of 18 and 44 reported a nearly 100% increase in their intent to purchase Chipotle following the brand’s esports campaign last year.

How Revolut’s creator strategy is benefitting from YouTube’s long-form swing

The challenger bank is prioritizing YouTube creators in bid to reach consumers.