Direct Marketing Observations

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What Does it Mean When Social Media Companies Can’t Survive?

Direct Marketing Observations

Both companies had traffic and users, and both applications were free, but the problem was, they could not figure out how to make a living off of a social utility. Sure we’ve had a ton of companies that have gone belly up , but what does it mean today? So why did they both decide to shut the doors? No revenues. Simple as that.

Company 183
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This Weeks #Social Media Topic: Managing the Marketing Mix: Which Channel is More Effective?

Direct Marketing Observations

On its surface, this topic is a “status quo” topic, one that fits into the traditional advertising model that says radio, television and print are channels therefore the Internet is a channel too. Consumers do not shop the same, communicate the same, consume content the same nor do they react the same to advertising.

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Monetizing Facebook

Direct Marketing Observations

We’ve all been wondering either on the behalf of the company’s we work for, or the clients we serve, or for ourselves- How can we leverage Facebook to actually make money? billion to advertise on social networking sites this year. In 2011, its global presence is something multinational advertisers can’t ignore.”.

Facebook 178
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The top 10 social sites, links and posts you might have missed this week!

Direct Marketing Observations

I loved this post 7 reasons social media agencies are like advertising agencies; 8 reasons they’re not by Rob Petersen. Tags: social media marc meyer tom martin Old spice top social sites media funnel digsby qr codes fast company. I haven’t done one of these posts in awhile but let’s get right to it.

Sites 164
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The free ride in social media is coming to an end

Direct Marketing Observations

They also announced that the company has cut almost 70 people —accounting for over 40% of its staff. People need to make money with this social media stuff and hopefully it is not a model based on traffic/advertisers. In case you don’t know what Ning is: It’s a service that allows people to join and create social networks.

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Competing with Free

Direct Marketing Observations

How do other companies compete when Nike, Gatorade and AE give stuff away for free? I think part of the reason why case studies on organizations that do it differently are written is because the majority of marketers and companies do it the same way over and over with predictably average results. Predictable right? Very telling.

Compete 162
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Todays #SocialMedia Tweetchat Topic: The Social Media RFP: How to Get the Best Results

Direct Marketing Observations

If you want to purchase an accounting system, customer relationship manager (CRM) or enterprise resource planning (ERP) platform for your company, it’s a pretty established process. But if you are a company who needs external help, how do you weed through this entirely new industry?

RFP 159