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Six keep-in-minds while devising a social media strategy

Having been in business development for a specialist social media agency for a fair amount of time, there are certain caveats we keep reminding clients of. This is probably because social media is unlike any other marketing medium including the sir-please-try-our-website-since-the-model-is-very-different,...

Social Media Predictions for 2009

Posted by Nimesh Shah | Posted in Facebook, Predictions, Social Media, Target Audience | Posted on 21-12-2008

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Let’s play the word association game here. Tell me what comes to your mind when I say the word December. Of course, Christmas, shopping, holidays….Predictions!! Yup, predictions that’s the one this blog post will be all about. What will the year 2009 hold for us?

I have put down my 10 predictions. Five of these are on a more socio-economic level at large. Most of these changes that I am predicting will be huge leap jumps in their own way and will be possible only because of extensive use and acceptability of social media.

1. Thought Leadership as a Strategy:

These days, it is not uncommon to see people seek value out of everything. And by value, I am not restricting it to price equation alone. Value could be delivered in the form of information, education, better quality or even better service. One of the key principles of social media is to provide value to its consumer. For companies and in turn their brands to survive, they will have to provide value at all levels to their consumers. Social Media will prompt companies to adopt thought leadership as a value in their manifesto in their area of core competence.