We’ve all been reading a lot about the social media horse race. Will it be Facebook or MySpace? Or will it be Twitter by a nose?
For marketers trying to figure out where to put their resources into social media marketing, the horse race looks more like a crapshoot. These brands all start to sound the same and there are so many variables at play—the usual business stuff like VC funding, marketing, strategy, management, funding, M&A, etc.—that it’s hard to know where to place your bets.
We need to dig deeper to start to make meaningful comparisons. Analysis that looks at the concept of the different social media tools as “technology platforms” adds a little more clarity—as in, Facebook could win because it has the largest number of users and therefore, like Microsoft Windows, it could emerge as the de facto monopoly in social media.
But even this way of looking at it is suspect. People are fickle—especially young people—and all it takes is a shiny new technology or good branding to make an end run around the incumbent technology platform in social media. That’s because unlike Microsoft Windows, all the different social media tools are based on universal technology standards—i.e., the internet—and so linking different tools together or switching outright from one to another is simple and easy. Just look at how quickly MySpace has become uncool vs. a nearly identical competitor, Facebook.
What is a relationship model?
If you want to be able to place your bets more reliably—and I think marketers need to do this, given that social media marketing can be an incredible time sink—I think you need to consider the underlying social models of the different tools. The big question to ask is: How are relationships formed through this tool? I call this the relationship model of social media—it’s the underlying driver that attracts people to use it.
Right now, I think there are two primary relationship models in social media, the permission model, and the viral model.
- Permission model. This is the model of most relationship-based social media tools today, such as Facebook, MySpace, LinkedIn, and Plaxo. You search for people you know and you ask their permission to start a relationship. Then, and only then, can you begin to figure out their networks of relationships—the people they know that you would like to know (and market to). Then you need to get those people’s permission to build your network further.
For marketers trying to build relationships with influencers and customers, this is a fundamental roadblock, because the permission model tries to replicate the way we form relationships in real life: Trust needs to be established before we enter into a relationship. For marketers, it’s a Catch-22. How can we establish trust with influencers if we can’t get to them?
The recent growth of permission-based groups on these sites helps a little bit, but so much of what gets posted on group pages is noise—blatant advertising, desperate job seeking—that it can be difficult for marketers to cut through all that crap and establish trusting relationships based solely on being in the same group as someone else. Only if marketers are starting and participating in meaningful discussions in the groups can they take the next step and try to form a relationship. And that kind of participation takes time—and subject matter expertise.
Thus, I’m growing increasingly convinced that the permission model is of limited use to marketers. It’s a way to broadcast messages for sure, but you can do that better through your own channels. And the opportunity for real relationship building—which is what social media is supposed to be all about—in this model is limited. - Viral model. This model differs from the permission model in that it does not try to mimic the way we form relationships in real life. In fact, in real life we might call it something else: stalking. This model was popularized by the folks at Twitter (others are also using the model, such as Yammer, which is a social network for use inside large organizations), who realized that technology could be an effective substitute for trust—up to a point.
Of course, by now you know that on Twitter, you can follow whomever you choose and listen in on what they are saying—one of the key benefits of social media for marketers, as I explain in more detail in this post. Because Twitter has written its own rules for relationships and because by signing up for Twitter we all agree to play by those (new) relationship rules, the trust barrier is effectively removed. The brilliance of the people at Twitter was to realize (or at least hope) that we wouldn’t mind if they changed the rules of relationships on us. And we don’t mind. In fact, the dizzying growth of Twitter shows that many of us have been waiting for someone to change the rules of online relationships for some time.
We are tribal creatures, so we respect group opinions and authority. We tend to accept rules that the majority of those around us follow. Of course, that has good implications and bad implications. But in the case of the viral model, it’s all good—at least for marketers.
The reason I call this model viral is that following someone is just one piece of the equation. The openness of the model means that once you discover and follow someone, you can then use one of a number of free tools such as TwiPing to discover their followers and add those people to your network. By finding and following just a few key influencers who have well established relationships on Twitter, you can grow your network of relationships exponentially (though not too exponentially, otherwise Twitter may throw you out).
The nice thing about the viral model for marketers is that we don’t need permission, or even reciprocity, to get benefit from the relationship. It’d be great if your target influencers follow you back (so you can engage them with your messages and begin to build a deeper relationship), but if they don’t, you can still gather valuable information. And because the model is so open, if you post good, useful information (think education, not promotion) then you will inevitably build relationships and at some point, those reluctant to reciprocate will see your stuff being passed along by others that they follow, and they will have cause to reconsider their decision. Content is also viral in this model, passed on and on by people to their various networks of followers, which means that good content producers have another avenue to grow their relationships exponentially.
And the viral model acts as a nice front end for building a deeper relationship through the permission model. For example, if you start to exchange messages with an influencer, it’s a logical next step to enter into a permission-based relationship on something like LinkedIn.
Now the openness of this viral model has already led to some problems. Spammers and hackers are slamming away at it, trying to find cracks to exploit. Public figures like football players say things they shouldn’t and are banned. But for now anyway, the model seems to be hanging on.
If you start to look at social media based on the relationship model, I think it becomes a little easier to make decisions about where to spend your limited marketing time. Right now, given that B2B buyers are just beginning to adopt social media, I think the viral model clearly gives us the most bang for the buck. It gives us a shot at accomplishing the three aspects of social media marketing:
- Monitor. You can follow all conversation.
- Engage. There is the potential to develop a closer relationship.
- Manage. Though you can’t control your Twitter community like you would say, a user group, the network of relationships does form a loose sort of community that you can speak to and interact with as a group (e.g., ask a poll question, etc.).
In B2B, there are broad caveats to investing too much in any social media marketing—the major obstacles are outlined in a good post by B2B blogger Kip Bodnar here—and anything you do should be integrated with your other marketing activities. But assuming some of the people you’d like to reach are out there—and ITSMA’s recent survey of 300+ technology buyers says that they are (even senior executives) then the evidence seems to suggest that you should be emphasizing the viral model in your marketing.
What do you think? Is this the right way to place your bets? Have I left out any other relationship models?
