This mind-blowing video was uploaded to YouTube to publicise
Erik Qualman’s book Socialnomics: How Social Media Transforms the Way We Live
and Do Business.
Despite the premise of both the book and the video, I
couldn’t help but notice the irony that you can buy the hardcopy from Amazon
for less than you can download it to a Kindle.
Nevertheless, it is a powerful watch – four minutes and 19
seconds of relentless pummelling of how social media is changing the way we
live in the real world, including the fact that online students outperform
those receiving one-to-one tuition and that one-in-five divorces are blamed on
Facebook.
Of particular interest to business communicators is the way
customers use social media. Even if your company doesn’t use it, you can bet
that your customers do, and they could well be talking about you.
Is this concerning? Or inspiring? It depends on how you
react. The video’s startling assertion that if you don’t use social media, your
business will not exist in five years is potent stuff, but the democratising
nature of social media means that it is something that any of us (including our
customers) can use.
Qualman says that 90% of consumers trust peer
recommendations but only 14% trust advertisements. That’s good news for those
who can’t afford expensive advertising budgets – the technology is there for us
to build our own communities and, as long as your quality and service are up to
scratch, you can let your customers do your promotion for you.
As always, the issue boils down to content. Is your story
good enough to get people talking about you?
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