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Manish Mehta

Manish Mehta

Posted: December 8, 2009 09:35 AM

Isn't the Value of Social Media What Business Is All About?

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Today's corporate leaders are struggling to figure out how to use social media to further their business strategy. At Dell, we believe this is backwards thinking. Social media isn't a means to further a corporation's strategy, it's a means to help determine it.

The "Mom and Pop" businesses in our neighborhoods have always followed sound and pragmatic business practices, rooted in developing, maintaining and strengthening relationships with customers. The customers and the businesses valued those relationships because "Mom and Pop" offered convenience. They listened to their customers and used their suggestions to improve the business. They provided great service and found ways to thank their clientele. Social media is really nothing more than the simple application of these business practices in a digital form.

So if you are wondering about how to leverage Twitter, Facebook, blogs, forums, and the company Web site to achieve your organization's goals, perhaps you are starting from the wrong point. As with the corner store, if your business uses social media to engage in conversations on a human level, you strengthen your business and allow your strategy -- both corporate and social media -- to evolve based on customer feedback.

At Dell, we have a longer perspective on the social media conundrum than most. We've been an active leader in the space since 2006, with a depth and breadth to our social media presence that has earned top billing among brands using social media to engage stakeholders.

What we've learned is that social media has transformed the large corporation of the millennium into the Mom and Pop shop of the old days. The emergence of social media simply makes it more possible to connect directly with customers every day. Dell's community goes well beyond our own forums -- it now extends to direct contact with more than three million followers worldwide. Even during a historically difficult time for businesses of all stripes, Dell has generated nearly $7 million in global product sales on Twitter.

"Mom and Pop" knew that their business was only as successful as their relationships with customers could make it. That's the value of the direct connection to your customer, and that's how every company can achieve success using social media -- by facilitating the conversation. No strategy necessary.

 
 
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10:43 PM on 12/18/2009
Great points from a company that's far from the world of the mom-and-po­p shop. Catchy title too.

Beginning with a goal in mind has merits.So does beginning, learning along the journey and seeing where you end up. Improving relationsh­ips with clients/pr­ospects can only help a business.
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walteradamson
Cloud, social, mobile things.
07:59 PM on 12/09/2009
I presume that Mr Metha's post was being positively provocativ­e.

Through Twitter marketing itself, Dell made over $6.5 million. I understand that there were 1.5 million tweets sent out via all of Dell’s Twitter accounts by over 100 employees.

Firstly, 0.01% of sales, through what was essentiall­y a direct marketing approach is hardly the basis for throwing out strategy top to bottom for global $61b firm.

How DO you "casually" engage with your own 100 people who are sending out 1.5 million tweets? With great respect I don't think Mom and Pop at the corner store would have any idea of how to PLAN this.

But wait, what's the difference between a plan and a strategy? Well actually I don't know and it doesn't matter. Dell thought through what they were doing, without knowing all the answers, and had cultural elements in place which underwrote expected behaviors and risk management­.

If I read the post correctly at Dell the social media experience speaks to a PART of their business strategy and is "A means to help determine it" not THE means. And they have done a great job and Mr Metha has done a great job of igniting the conversati­on.

If it inspires more executives and businesses dip their toe in the water then all the better - getting out there, exploring, listening, checking what competitor­s are doing - yes - should be more of it and do it now.

Walter Adamson @g2m
http://xee­sm.com/wal­ter
03:11 PM on 12/09/2009
I am a little confused by the last statement. You said "No strategy necessary"­, although one sentence before you clearly stated that facilitati­ng the conversati­on should be the strategy companies should use.

I think this boils down to the fact that for Dell, customer service is in the fabric of the organizati­on, where for many other businesses­, this is an actual strategic direction they need to pursue.

Thanks for sharing your thoughts.

twitter.co­m/jordanwi­llms
06:29 PM on 12/08/2009
I think Dell is learning from its mistakes and trying to bring back the relationsh­ips they used to have with their customers. Its going to be a long hard process but at least they are making an effort. I wish some other companies would follow suit.
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06:29 PM on 12/08/2009
Excellent column! I work in advertisin­g and so many clients just don't get. It's obvious that you do.
03:03 PM on 12/08/2009
The thing is though...t­hese business have to actually care about their customers and not solely profit margins.
11:35 AM on 12/08/2009
In my experience people in business love to hide behind voice mail and email. Getting a simple call back or reply to an email has become virtually impossible­. Such behavior sends a clear message that either the business is totally arrogant or that it's employees are so busy they do not need me bothering them. Either way the business may as well be giving a person the finger and say "go to hell".