Social media marketing—new rules for added revenue
Posted By Sue Collier on January 18, 2010
In the old days of promotions—before the Internet came along and changed the way we do pretty much everything—you had two options for garnering attention for your product or service: advertisements and the media. But now you have the World Wide Web as your oyster. And a new paradigm, with terms like “Twitter,” “friending,” “LinkedIn,” “Facebook,” and “tweet” as the new rulers of this Internet realm. Publish interesting content in the social media marketing format, and you can potentially have thousands—millions—of people read it and take action. Furthermore, a virtual author book tour can give you exposure to literally millions of potential book buyers.
Overview
Web 2.0 and social media—the new, live Web—are here to stay. It’s no longer adequate to write your book, put up your website, and expect people to find you. You need to maximize your Web site’s value through interactivity, sharing, and building relationships. Although some people are intimidated by the newness of “viral marketing,” they needn’t be. Leveraging social media marketing to make yourself stand out from the crowd is not that difficult.
So what exactly is “social media”? It is often described as the online practice wherein people use technology to talk, participate, network, and bookmark. Social media sites blogs, microblogs, podcasts, videocasts, forums, wikis, or some kind of content community are included under this umbrella. It’s a contact sport. Unlike traditional media, which more or less is a one-way form of communication, social media promotes discussion, feedback, voting, and otherwise sharing of information. It also enables participants to stay connected with other people and resources.
Incidentally, “Web 2.0” doesn’t really mean there is a different Internet than there was before. The Internet superhighway is the same, but there are more vehicles traveling on it now, including communities that interact together (that is, social media). So the terms are closely related and often lumped together; we’ll simply refer to social media from here on in.
People are jumping on the bandwagon at incredibly high rates: Nearly half of all adult Internet users have created content online. And some studies show that 67 percent of businesses say their best source of advice for products and services are their consumers (who communicate with them via social media). Can you afford not to ride this technological wave of the future?
Are there pitfalls to this new technology? Absolutely! Losing track of time is the biggest. You start chatting on Twitter about your new book, and the next thing you know an hour or more has slipped by and you are clicking on links that have nothing to do with promoting yourself. (Some experts recommend spending twenty minutes or so in the morning and another twenty minutes in the late afternoon to respond to the day’s activities.) Another problem is not defining your purpose for using social media and making a plan before you get started.
Don’t think you have to do anything and everything in terms of social media. New social media channels are cropping up on a seemingly daily basis; don’t be like the proverbial child trying to power through an entire bag of Halloween candy in one day. Pick two or three things that seem most applicable for you, and work at them consistently.
(Excerpted from The Complete Guide to Self-Publishing, 5th Edition, by Marilyn Ross and Sue Collier. Due from Writer’s Digest Books, summer of 2010. Email Sue at sue@SelfPublishingResources.com for more information.)


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