Why brands don’t need a social media strategy
Many brands think that due to the relevance of social media, they need a strategy to deal with it. I personally don’t think that this is the solution.
Brands and their on- and offline-activities are under constant observation by interested consumers, who inform a global audience via the social web about everything they see and hear. Containment strategies don’t work for anymore. In this connected world the credibility of brands depends, more than ever, on consistency across all channels globally. A brand promise made in one country is expected to be kept everywhere. If not, somebody somewhere will blow the whistle.
The social web and the availability of free and credible information from multiple sources have led consumers to become more sophisticated and less ‘obedient’. Integrating them in the architecture of value creation would therefore be a smart move for brands. This changes their business model with implications for all divisions of a company: R&D, production, HR, finance, purchasing, sales and of course marketing.
New rules, new and old participants with different roles and new judges have led to a new game for the brand, which requires a new overall brand strategy, rather than ‘just’ a social media strategy.
What’s your strategic assessment?
Schlagworte: brand, business model, consumer, social media, strategy, value creation