Thursday, April 26, 2007

Marketing is Social

I was reading through a slide presentation posted by Stowe Boyd that he presented recently on social media . Although I didn't see/hear the actual presentation, one of the slides in the deck really jumped out at me, and I thought it would be worth posting here as we rethink the way business works in the new economy.
In essence, make marketing a social experience with your customers to build better, stronger relationships instead of focusing on how to sell them more of your product offering through gimics. In todays economy consumers have more choice than ever before. This choice coupled with decreased brand loyalty and ever faster comoditization will drive companies to become better listeners. Treating customers like partners through authentic interactions will create lasting relationships and company longevity.

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