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This may seem like a strange question coming from someone who owns a business that is marketed 100% online but given a few recent jolts of reality in the off line world, I’m wondering just how effective marketing a business online is.
Let’s get some perspective here…go out into the off line world, have a coffee with your average Joe or Jane and ask them just what they do on the internet. I think you’ll be surprised.
Here’s what we’ve found when we do this:
Faced with those results, it’s a good job our target markets aren’t your average Joes & Janes!
As bloggers, business owners and relatively savvy internet folk, it’s easy to forget that we’re the ‘internet elite’ - we know what RSS is, we follow and even subscribe to blogs and we utilise the tools of social media to market what we do.
Why do we do this?
Because supposedly we *have* to and because we’re told that this, the internet and social media, is *the* new age of marketing and business models; if we’re not with it, we’ll fail.
The problem is that the majority of the population are not business owners nor entrepreneurs - they don’t use the internet in the same way as we do, so in some cases it’s not hard to see why business owners try and fail in their online and social media marketing efforts.
In some cases and for certain target markets, there is nothing as effective as a solid off line, traditional marketing strategy forming the core of your marketing activities backed up by (not solely based on) online tools.
Whaaaat? I hear you say…but how can someone who markets a business 100% online say that?
Let’s be honest. A great deal of our business comes from referrals - in fact we actively encourage referrals from people we identify as “centres of influence“.
It’s true that we’ve never met most of our referrers and centres of influence and so our online efforts have helped create this trust and these relationships but if we look at where our last few big projects have come from, it’s largely from referrals not the blogs, the ezine nor any of my other online networking activities.
Indeed the last three clients I’ve spoken to didn’t even know I had a blog (yet alone 4) and had no idea of my online activities (soon put that right!).
So is it a big, fat waste of time?
No - for our business and target market it’s not; for us it’s about walking the walk as well as talking the talk and we need a way to demonstrate to clients that we do indeed know what we’re talking about. We don’t just create logos, blogs and websites for clients because we can, we do it because we believe in and can demonstrate how effective these tools are when utilised properly.
And before you ask, yes we do turn clients away! In fact, one of the questions I ask prospects who contact us is “Do you actually know why you want/need a blog or a website?” and if I don’t think it’s right for them and their business, then I will say so and discourage them from wasting their money.
But will online and social media marketing work for you?
The answer is “it depends”. It depends on many things:
There are lots of people waxing lyrical about the power of social media and online marketing (I know, I’m guilty too) but the cold, hard truth is that it isn’t for everyone, it won’t work for every business and you really do need to know what you’re doing.

@michael cardus - I completely agree; we are stuck inside this bubble hyping ourselves up but largely to people who will never buy our stuff and are not our target market!!
@milena Thomas - You're right, 20 years may make a difference but I can help but think that the majority of people who use social media currently do so because they run their own business and want to promote them. Those who do not currently and never will run their own business may become even less prone to the online marketing tactics & strategies than they are now!

If I depended on my online marketing alone I would be missing a large portion of potential cllients. I have a blog and a website & yet as you mentioned referalls build the business. I agree i am stuck inside this social networking and marketing bubble of RSS feeds. ALl we often do is build our own hype amongst our peers and forget that their is a large world ooutside of our laptops.

Originally posted my reply -> http://reader.disqus.com/social_media_marketing_will_not_always_work_for...
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Yes it won't especially here in the Philippines. "Not yet" at least. But in some industries like online gaming, it "should" work, but bosses here (most Asian Companies at that) are still tied to their "Old Ways". It's hard for us Community and Social Media believers to work in such environments, if you know what I mean :p

Thank you. Finally someone that doesn't think that blogging is the solution to everything. In consulting, all our work comes primarily from referrals, not from our website. I find that some social media marketing firms will push companies to invest thousands into developing a website with blogs, social networking, and such only to find that there was absolutely no ROI.

I don't know exactly where I weigh in on this topic, but I do think the internet has not reached anywhere near its potential saturation levels.
Too many people don't use it or use it for very limited purposes.
Let's see what 20 years does?

Amen. The internet is a marketing channel like television and radio. Certain demographics will be likely to use it the way you want to market.
For my business, career-minded people need to be willing to share compensation data online. If I can't reach them online, then it's unlikely they would share that information online. Unless some respected authority (and that disqualifies our President) recommends they do so, I expect offline channels won't drive users as efficiently.
That being said, I had a seminar business helping nonprofits raise money through grants. The internet was a marketing channel but most of my customer acquisition was through purchasing targeted lists.
The faster people realize where their target market gets their information, the more efficient marketers they will be.
Great post!