So I’m a little tired of hearing “how can we make money from social media?” I realize that up until recently, the focus for our marketing and advertising campaigns has been on ROI, measurable results. However, I don’t necessarily feel that any advertisers are able to justifiably place a dollar value on engagement with people via the socialsphere.
We keep trying, but I’m just not sure that it’s entirely possible or that it should be one of the deciding factors when evaluating social engagement (I’m trying hard not to use the buzzword of the month – social media. I’m just over it). The point of talking WITH people is that it should build a trusting relationship over time, not increase sales by ___% over the next 3 months from your 25,000 Twitter followers or 4,000 Facebook fans.
However, advertising will always find a way to infiltrate spaces where consumers live and try to make at least a buck doing so. The newest marketing technique? Twittad. Basically it’s a service that partners brands with individuals on Twitter that have a large following. These individuals get paid to Tweet about the brand that’s signing their paycheck (which have been as small as a few bucks to as large as a few hundred).
Brands can be matched up with Tweeters that have a likeminded following and a strong influence over that following. Tweeters receive a certain amount per follower as well as “serving” an ad up on their background of their Twitter home page.
So wait, brands are paying people I trust to promote their product or service and in turn I’m supposed to continue to trust the person I follow on Twitter as well as said paying brand? Ha! Don’t think so buddy. I’m not going to trust what someone says if they are getting paid to say it. Obviously they are going to be biased and how can I trust someone who’s point of view is easily influenced by the all mighty dollar? Sorry, but count me out.
The latest brand to utilize Twittad? Land Rover. The joint effort between Twittad and Land Rover are discussed in a recent AdAge article, Land Rover Taps Twitter as Campaign Cornerstone.
“All told, the Land Rover effort was Twittered to more than 300,000 followers, Mr. Eliason said. Twittad used 15 different Tweeters with at least 5,000 followers, although the majority had between 2,000 and 4,000 followers…
The appeal to marketers is obvious: It’s a cheap way to reach people through their trusted contacts. And Twittad’s technology is able to sort its users by geography, demographics and interests, which can both lead to more targeted appeals and, perhaps, prevent Twitter users from feeling under siege by advertisers, a major concern.”
I was so completely disappointed by this. I had originally seen Land Rover’s ad campaign earlier last week, which includes a hashtag, encouraging people to join in and enables them to follow a conversation going on about Land Rover. Originally, I applauded Land Rover’s efforts to engage people and develop a relationship with them. I was eager to find out if they would be successful in doing so, how many followers and retweets they would get. But now… I could really care less. The numbers are fudged. They cheated.

The fact that any company is paying people to promote the brand makes me feel under siege by advertisers. If brands continue to try and rush the process of gaining trust and loyalty from people, they are ultimately hurting the process for everyone. The more us marketing folk invade innocent spaces and try to fool consumers, the more we are going to be fought against and pushed out of people’s lives. There’s something valuable in an honest, transparent relationship. My gut feeling is that most brands don’t take the time to build it because they are afraid of transparency. Why? Probably because in reality, they offer a crap product and the faster they can hook you, the less likely you are to realize that you’re an evangelist for crap.
It scares me that we keep trying to unjustly monetize people, rather than just getting to know them. People spend money on brands and products that make them more… well, them. They choose to be associated with us, we do not force them. I fear things like Twittad are taking us the wrong way down a one way street. Eventually we’re bound to have a head on collision and it’s not going to be pretty.