Epic Fails in Social Media Content Marketing

gino-selva-to-asher-elran2

There was a time when Content for Social Media Management platforms like Buffer, Hootsuite and even Klout made sense in its hey day but not anymore.

The amount of effort (unpaid) that goes into creating content and then having no eyeballs to appreciate them is a reality we all have to deal with some day. You now have to get on board with all social platforms, be online 24/7 to answer queries and find the time to manage your real business while at it? That’s true too. Forget the hired hand who blogs for you. He won’t do it for free so that in itself is a cost factor.

All social media platforms will give away some freebies but these freebies do not always justify the effort you put into creating content for your followers.

Your efforts are bound to fail if you don’t want to understand that content marketing is like any other advertising or advertorial campaign that is backed up with plenty of ad spend. Here’s why.

Facebook Organic Reach is a Costly affair

Facebook is like the high class hooker from New York. If you don’t have the money then there is no honey. Social Media Management platform gurus will always tell you that you have to decide on your objective and strategy for Facebook but NEVER tell you that you need to budget lots of cash for this effort.

Yes, creating content takes effort. But signing up to a Social Media Management platform is not going to get you the eyeballs you need for branding of conversion success. The platforms cautiously omit telling you this as they want you to take the bait, hook, line and sinker before you realize that your budget isn’t enough for a year long campaign. How much does it cost? Let’s assume you are doing this on your own for a small business, spend probably US$100 a week on promoted post to your followers on Twitter and Facebook. That’s US$400 a month, and let’s throw in that package from Hootsuite, which at the lowest is US$120 a year. That’s about US$5,000 a year, excluding the cost of a hosted site. And this is just for a a small business. Let’s factor in a 3 fold ROI to justify that return on investment. You need to pull in US$15,000 in revenue returns to your small business to spend that sort of cash.

Facebook has zero organic reach. Twitter won’t give you the time of day too if you are not going to pay so signing up for a promoted tweet is a must.

People who start on Facebook do not understand that each post cost them money to show to your followers. These are the same blokes who liked you page in the past but come back to play candy crush with their online pals on Facebook. Do they notice the notifications on their menu? Nope. So the best way to reach them is to force feed a post onto their timeline.

Here is how Facebook wants your moolah.

Facebook-Power-Of-Advertising-Header

Every FB post (unpaid) to your followers will yield roughly 1 percent reach. That means if you have 1000 followers, you post will reach about 10 people per 1000 followers. To get your post on all their timelines, you have to spend money. Lots of it…and this is just to build awareness.

All FB post to your page is best suited for branding and awareness building. It does not help you get more followers. To get more followers, you need to promote your page which is actually a subset of their advertising master plan. You have to advertise either on the timeline or on the sidebar [sidebar advertising isn’t available on mobile platform].

If you are interested in a straight out conversion from your advertising budget, you need to advertise to a regional or country specific audience. This is where you measure ad spend versus return on investment (ROI).

In old world advertising terms, if you spend US$100, you should get at least US$300 return in investment (3 fold ROI). This unfortunately doesn’t quite gel these days in any social media marketing plans if you take into account the money you have to spend on FB or Twitter, and at the same time sign up with a Social Media Marketing Platform [at a cost of over US$120 to US$600 a year depending your requirement]. So once you go down this path, you have to take into consideration the amount of money you have already spent without even going into the advertising details of each social media platform.

Facebook is not responsible for the quality of eyeballs you get on their platform. In the old world advertising, you advertise with a magazine like Tatler or Monocle¬†because the people who read it are…well, are your specific target audience who would buy a whole wine cellar as a hobby. That means these eyeballs command a premium if you advertise with them. FB and Twitter is by no means a quality platform as any Tom, Dick or Harry can start multiple profiles as seen in the Click Farm business. Instead, you are given a choice of location, target age and probably some of their more fanciful hobbies as a potential audience profile.

Getting followers for you blog, Pinterest board, Instagram, Facebook and even Twitter can be done in only two ways. The paid way is to get people to click a link to your content and become a follower. The other is the splatter method.

The splatter method is when you follow people to get them to follow you back. It is like a follow for follow tag currently popular with some folks hoping to break into to the social circles. I call this a splatter method because you have no idea who you are following most of the time, except maybe that they like what you like or live within the same locality as you do. This is not quality advertising for your content as people who have similar interest as you do may not live within a 1000 miles from you. So unless you are running a brand awareness campaign, or offer online shopping, chances are those post will be ignored. But all this takes effort on your end to search and add them.

Videos give you Better Reach on Facebook

Here is another clue. Video is the next big thing on FB. They have even tried to introduce self streaming videos to the annoyance of mobile users.

Posting videos to your FB page will automatically give you a 5 percent reach as compared to a link or text post. So for every 1000 followers, you have a chance to reach 50 of them for free. You want more eyeballs? Sign up for their Premium Video Ads for ROI.

facebook-launches-premium-video-ads

But before you say it’s a good deal, let me ask you, how much time and effort did you spend on shooting, editing and planning for that short video? Is 50 eyeballs enough to satisfy that need? Go figure and write Santa a note about getting some Facebook credits for next Christmas.

Twitter is no different than Facebook

Yes, unfortunately that is true. You pay for what you get and in the end, you just gotta justify your ad spend. Twitter’s organic reach is hovering at an all time low. It just fails to suck up those eyeballs and convert that into measurable ROI.

twitter-analytics-tweet

That’s why these folks are betting big on ‘live’ streaming since that is a buzzword they can still use to justify their dollar denominated advertising plan. Vine videos haven’t taken off in a big way except with college kids and people with too much time on their hands. Instagram has video to further add to the basket of eyeballs wanting moving images and finally, there is live video which could be the future for Twitter on Periscope.

Tumblr isn’t for Everyone

The young of heart may be your next target niche but no one told you that Tumblr is still a very American centric social and content discovery platform. You are not going to reach out to that same age group in Japan, Korea or for that matter Vietnam using Tumblr.

Even though Tumblr maybe way better than WordPress.com in some ways but in the end, you still have to pay to get discovered.

Ever since Yahoo bought them out in May of 2013, featured ads has been appearing in user’s content stream. This is both good and bad news.

The good part is that hashtags can still be used a strategy to find your future or potential customers and generate the sort of brand awareness you need to start. However if you want a straight cut ROI on your ad spend. You probably have a better deal signing up with Tumblr to show those ads.

Pinterest is Instagram on Steroids

Let’s face it. Starting a board on Pinterest is a time consuming affair. You can either curate or create content for each board. Who gets to see these boards? Only fellow users who are out to get more pins.

Instagram vs Pinterest-resized-600

Since Pinterest is image centric. You can’t help but draw similarities between them and Instagram. Both require User inputs and that’s you I am pointing at.

Both work the same way and since each board is in itself the description of the pins, you can’t help but think that the board itself is a hashtag of sorts to categorize content.

Pinterest also has promoted pins, and with it an advertising plan to suit your target audience. The same can be said of Instagram when they started to introduce promoted content (advertise content) to specific region of users.

There is no such thing as a Free Lunch

I like to call social media campaigns as a Freemium Advertising Gateway as you have to ante up on those dollars to find some sort of success.

d87f7c6aaee276d2_Google-Plus.xxxlarge

The only free social platform that is devoid of any advertising right now is Google+. That’s because Google has much grander ambitions than to charge you for your post as they have the search engine to back that all up.

Getting a ROI on investment on any social media marketing campaign will cost you money. Don’t think it is cheap as even Americans feel it is far too expensive.

If you can spend the time to crate content but can’t spend the money to promote it, you are doomed. At every level, you cannot think for one moment you are getting a free lunch. That’s why Social media has become a Freemium platform. Once the social media networks hooks you, they hope you get dragged under the water with their advertising masterplan.

Success in any business can only be measured by ROI. How much you aim to get out of it in the end to sustain your business empire is crucial. It’s not just about eyeballs but quality eyeballs. This sad fact, unfortunately, is lost in translation as one grabs onto social media…thinking it was the elusive pot of gold to their online success.

Start with a Web Presence

A web presence is a web site. If you haven’t got the time of day to do one then social media marketing isn’t for you. There are plenty of free hosting sites which can of course establish your de facto web presence. My own recommendation is strikingly.com, which gives you a free web page for your product, company, portfolio in the simplest design terms. It has easy to use templates and you just key in the text and fill in the pictures. I will give you my reasons why this should be the first step towards establishing your own web presence first before any social media marketing can take place, but you already know that having an actual web site speaks volumes about your online dedication. So take the first step. Start your web presence with a site before attempting social media.