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Marketers like to talk about social media as a marketing platform. How can we get the message out? How can we control the message? How can we leverage this? Well, here’s the thing. The thing about social media is that it is in fact a media venue. (I heard about the health care reform on social media channels before I caught it on traditional news channels.)

Recently, I learned an equation from Michael Levine’s book, A Branded World: Adventures in Public Relations and the Creation of Superbrands. Branding = marketing + advertising + public relations.

Branding is the all encompassing effort of building a brand. It starts with marketing. Marketing defines the strategy. Marketing defines the 4Ps. Marketing defines the positioning.

Marketing’s plan gets translated into words and visuals through advertising.

Public relations builds on the advertising campaign and turns marketing’s plan into actions. Such actions include gathering media attention.

In that case, social media really falls into the realm of public relations. You build a relationship with bloggers the same way you build a relationship with traditional journalists. You “control” the message the same way – truthfully, honestly, and organically. It’s the same idea as controlling the press. Today, in addition to asking the question “What would the press say?”, we need to also ask “What would the world say?”

The world may be changing, but the basics still hold.

Photo credit: Scott Beale / Laughing Squid

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As a young marketer, I have learned so much from so many on the internet. Recently, I participated in a discussion about the difference between a brand and a commodity. In this discussion, I came across an experienced marketer that gave me so much to think about. It also inspired my contribution this week on CPG Branding and Marketing Forum. Check it out here!

In so many ways, the internet has been a wonderful tool. Yet, as a marketer, the internet has brought many headaches.

As the digital world grows more and more robust, brand managers are struggling to keep up. There are many whispers about control. Have marketers lost control? Have the newly empowered masses took control? How would marketers regain control? Should marketers try to go backward or just go forward? Are marketers even equipped to do our jobs in this changing world? Or does this new world of marketing require a different set of skills? A different way of thinking?

There are many questions, yet there are few answers.

We may not have the answers. We may not be ready. But the world is changing. I know that as a marketer. I also know this as a consumer. Last week, I was trying to attend a virtual event. I had problems logging in. My first thought was to twitter for help. My second action was to comment on the facebook wall of the organizer. I did not do so for the sake of whining and complaining. I did so expecting help. In fact, I expected immediate help!

The old rules of marketing are becoming null and void. Yet, new rules have not been thoroughly defined. The internet has the power to influence everything. But how? We thought that the internet killed the TV. Yet, the recent Olympic Games show that there is a water cooler effect of sort that’s happening online, thus boosting TV viewership! So, the internet is killing and reviving TV at the same time. It’s a very confusing time, where the rules of game are constantly revolving.

And it’s not even just about the internet. So much is changing so fast. But, each of that deserves their own posts. Watch out for them!

It’s a challenging time to be a marketer, but an exciting time.

More reading:
Water-Cooler Effect: Internet Can Be TV’s Friend
WSJ.com – Establish Brand Image in Online Media

Photo Credit: takuhitosotome

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This week I learned that the more money you have, the less time you have to spend on any particular tasks. You could hire someone to do it for you.

However, if you don’t have the money, you’d have to spend more time.

This is the equation that any marketer must understand. You don’t need to have a lot of money to have a successful campaign. However, the smaller your budget, the harder each dollar must work, the more creative you’d have to be, the more work you’d have to do yourself. The larger the budget, the more crazy stuffs you could try, the more you could have someone else do the work for you.

However, a small budget shouldn’t limit the success of your marketing campaign.

What’s sad is that this formula, that’s so obvious with small businesses, is sometimes forgotten by big companies.

This is the new economy. This is the new reality. This is a new year. This is the new budget. Everyone of us needs to learn to do more with less.

Photo Credit: funny money, originally uploaded by Material Boy.

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