You Can’t Make Money With Social Media from Tony Teegarden on Vimeo.
Is Social Media About Making Money
Social media is a fascinating subject to me because it’s all about relationship creation & developing trust first and foremost.
In a report from BNET Media Social Media represents 15% of all worldwide web traffic. What’s that matter? Three years ago the term didn’t even exist.
Over 105 million American’s now contribute to social media sites and it’s growing exponentially.
The train wreck I’m already seeing is this:
Now combine those stats with the one that states around 67% of adults never read another book after high school much less personal development or relationship development. I can assure you self taught millionaires & leaders are readers.
You can imagine it’s going to be people like you and me armed with the insight, clarity & personal development that will have the skill to navigate the social media landscape and connect with our audience the best…
…Unless of course I do an obscenely funny video on youtube that goes completely viral over night, but not likely. (Well maybe lets see 🙂 )
I believe social media can either promote you or expose you for what you really are; a giver or a taker.
The above video is an insight as to what social media is about and what it can really do for the average every day person like you online if you have the edge.
Social media will have many local business owners driving traffic to their places of business but only if they understand their customers, how to connect with them and how to leverage those relationships properly.
In the mean time what is your personal development plan?
What are you reading and listening to right now to sharpen your relationship creation skills so that you connect with people not only off line but on line as well?
Depending on your answer it will either promote you or expose you and determine whether or not people will buy from you.
You can create cash with social media but only if you can create true relationships 1st.
Hi Tony,
The video is temporarily unavailable. I agree with what you say in the text. I certainly hope you’re right – I think the big problem is finding a way to discern quality. StumbleUpon and such are an attempt at this I guess. At the moment the extraordinary growth in content means that it is all pretty random I think. (A happy hunting ground for those into complexity theory I guess.)
My personal development plan at the moment is about learning about the externals – associated with self-presentation and such things connected with marketing my own product(s).
Evan’s last blog post..Personal Update
Hi Tony,
The video is temporarily unavailable. I agree with what you say in the text. I certainly hope you’re right – I think the big problem is finding a way to discern quality. StumbleUpon and such are an attempt at this I guess. At the moment the extraordinary growth in content means that it is all pretty random I think. (A happy hunting ground for those into complexity theory I guess.)
My personal development plan at the moment is about learning about the externals – associated with self-presentation and such things connected with marketing my own product(s).
Evan’s last blog post..Personal Update
YOu can make money with social marketing if you use it to make closer connections with people and not as a simple tool to yell BIG SALE! all the time. When I look at people’s tweets on twitter and they only tweet about going to buy this and what is on sale, I know I really dont want to follow that person. My list is not so large yet that I can miss those tweets.
I’ll see them and be irritated. On the other hand a person who takes time to create a relationship online can tell me about what they are doing and I WILL read their blogs and check out their events and offers.
Dr. Wright
The Wright Place TV Show
http://wrightplacetv.com/high-tea-2009
http://www.twitter.com/drwright1
Dr Wright’s last blog post..Your Email address is What?
YOu can make money with social marketing if you use it to make closer connections with people and not as a simple tool to yell BIG SALE! all the time. When I look at people’s tweets on twitter and they only tweet about going to buy this and what is on sale, I know I really dont want to follow that person. My list is not so large yet that I can miss those tweets.
I’ll see them and be irritated. On the other hand a person who takes time to create a relationship online can tell me about what they are doing and I WILL read their blogs and check out their events and offers.
Dr. Wright
The Wright Place TV Show
http://wrightplacetv.com/high-tea-2009
http://www.twitter.com/drwright1
Dr Wright’s last blog post..Your Email address is What?
That’s exactly my point Dr.! I hate the BIG SALE tools as well. You can generally tell the immature marketers that throw that sign up and think it will create cash flow. Then their surprised when it doesn’t work! It does take time and marketing to develop long term lasting relationships. By the way great TV show! Thank you for your feedback! It’s very appreciated.
That’s exactly my point Dr.! I hate the BIG SALE tools as well. You can generally tell the immature marketers that throw that sign up and think it will create cash flow. Then their surprised when it doesn’t work! It does take time and marketing to develop long term lasting relationships. By the way great TV show! Thank you for your feedback! It’s very appreciated.