Patrick Ortman, Inc.

What Is Social Media Worth?

Written By: Patrick on June 15th, 2011

I’m a regular over at the Creative Cow, an industry hangout for video and digital folks. Lately there’s been some discussion about how useful social media is for people in our industry. The trouble with almost all social media work is quantifying your success. I mean, it’s nice to have 1,300 Twitter followers (like we do). But what’s that mean, exactly? What’s it worth?

Most metrics given by social media consulting firms are relatively worthless. Retweets? Clicks? Shares? Followers? Impressions? Depending on what you’re doing and what your goals are, these are nice numbers to have, but possibly not worth a lot of your attention.

Some businesses rate their social media effectiveness through new leads, or new sales. Maybe that has some merit, but a big problem with measuring your social media efforts this way is that a lot of the value of social media takes time- sometimes many, many months. It’s far too easy to say “well, that didn’t work” and kill your efforts before they’ve had a chance to take root and work for you.

Another problem, and this is endemic to all forms of marketing and advertising, is that it’s really hard to trace a client’s decision to work with you. I’m talking defining the purchase/decision funnel, for you marketing geeks.

What I mean is, it’s pretty normal for a potential client to hear about you through an ad or a referral, then learn more about you from your website, then read your blog and watch your videos to get a feeling for who you are, and maybe catch a tweet or Facebook post or two along the way. That’s why your marketing needs to be something you think about as an integrated, ongoing multimedia campaign (which I talked about last week). Given all the ways a client could make their decision to contact and ultimately work with you, it’s pretty important to have an active presence in all your marketing, especially your social media efforts.

So, what’s our social media efforts been worth?

In a word, everything. By having an updated, active website, a fresh blog, active Facebook, YouTube, Vimeo, LinkedIn, and even the occasional Twitter update, these days about half the work we get comes from people who’ve found us originally through our social media efforts. Even those who find us through other means- including personal referrals- check out our presences to make sure we’re the kind of digital agency they’d like to work with on their projects.

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Multimedia Campaigns Work Better

Written By: Patrick on June 6th, 2011

Marketers say that consumers need a number of “touches” with a brand before they consider buying. This is true of products and it’s true of services. When you’re working in today’s media world, though, it makes sense to do some thinking about exactly how your potential customers will touch your brand. Things have changed. These days, it’s possible that your customers may first hear of you from your tv commercial, then hop online to check out your website, and then migrate to Facebook to find you. It’s really important that each of these interactions with your business and your brand reflects well upon you. It’s also important that every media in which you’re available- web, broadcast, and social- support and enhance each other’s messaging.

For instance, there’s a competitor to one of our favorite clients here at PatrickOrtman, Inc., who’s running some really beautiful tv commercials. He’s clearly spent a lot of money on these ads, and they look great. But when you visit his website, it looks like he hasn’t touched his site since 1999. There’s broken links, bad text, and a really outdated design. All of the buzz that he’d generated by these slick tv commercials instantly vanished the moment I saw his website.

Likewise, one of our web design clients from a while back recently hired another company to do some video work for them. Unfortunately, they hired a filmschool student, and the project looks very amateurish. Seeing that video play on our client’s website makes me cringe, because all the hard work that we’d done to create a beautiful, professional image for them utterly vanishes once you hit “Play”.

I know it’s gotten harder to effectively market your business, whether you’re a multinational or a SMB. As a business owner, I know this firsthand. It’s not enough to have a good website, social presence, and video marketing. You need all three.

In other words, these days you need to have an overall multimedia campaign and you need to spend some time and a lot of thought towards how your customers may find and interact with you. If you don’t, you’re just shooting yourself in the foot.

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A Picture…

Written By: Patrick on June 2nd, 2011

Here’s a stunning example of the imagery possible with our newly upgraded RED MX (same body, EPIC sensor inside). Check it out.

Courtesy of director Mark Toia in Australia.

WE ARE A DIGITAL AND VIDEO AGENCY

We tell our clients' stories in a digital world. The kinds of projects we do include corporate, web, and tv commercial video production, and digital and interactive strategy consulting. If it involves zeros and ones, we're your huckleberry.

Check out our services page for more.


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