What’s social media good for? Depends who you are.
March 16th, 2009It’s hard to explain the value of social media because it’s good for so many things.
Different departments of an organisation can use social media for different purposes, and apply different measures. Here’s a partial list. Have we missed anything?
Marketing
- Increase web traffic
- in order to increase ad revenue
- in order to increase sales
- in order to increase paid membership
- in order to increase site membership and engagemen
- Increase word of mouth marketing
- in order to cut marketing spend
- in order to create authentic, grassroots community -> co-create products, services
- Grow database
- in order to build long term customers
- Entrench brand loyalty
- Build customer loyalty
Sales
- Increasing sales through all channels
- Leveraging salespeoples’ personal brands
HR
- Recruitment
- Employer brand positioning
- Revealing internal culture for recruitment
- Education – explaining company’s role
- Headhunting through social network sites
- Training
- Increasing engagement
- Culture change
- Opening up communications channels/dialogue
- Breaking down silos
PR
- Telling your side of the story
- Crisis management
- Blogger relations
- Media relations
Customer Service
- Reducing customer support costs
- Increasing customer service quality
Market Research
- Generating consumer insights -> innovations
- Brand sentiment monitoring
Events
- Get more attendance
- Make event more interactive
Branding
- Humanise the brand (thanks to Mr K for the suggestion)
Operations
- Virtual teams/collaboration
What’s missing?
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