Showing posts with label targeted advertising. Show all posts
Showing posts with label targeted advertising. Show all posts

Tuesday, May 13, 2014

Jab, Jab, Jab, RIght Hook

Give value before you ask. That's the advice of fast-talking social media expert Gary Vaynerchuk, author of Jab, Jab, Jab, Right Hook. Vaynerchuk was a speaker this week at Rotman and he was energetic and frenetic. He was promoting his new book, which he described as being full of specific strategic and tactical advice for succeeding in social media, wrapped around about a hundred case studies.

In a world saturated with content across all manner of media, you have to work hard to get attention. And you do that by providing people with value. Provide that value and build a relationship before you seek a transaction: to buy your product or to make a donation. In other words, Jab by providing content before you put out the Hook.

Don't use social media sites like Facebook primarily to attract people to your web site: build your relationship there, where people already are. For instance, don't start your own hashtag; jump onto an existing one. Get used to the idea that you don't own your content: once you release it, whether it's in an ad or a YouTube video, it belongs to the world.

Vaynerchuk is very excited - and, believe me, his excitement is very transparent! - about the ability to target very specific segments on Facebook. TV segmentation is about 27% accurate, whereas Facebook segmentation is about 92% accurate. He recommends going for depth, not breadth. Wouldn't you rather connect with 1,000 people highly likely to buy your product rather than 100,000 who aren't at all interested? Use Facebook dark posts to target these people; through them you can get your message out subtly without putting something right on your Facebook page*.

Vaynerchuk's strongest recommendation was this: Become a media company. Provide valuable content to build a relationship, and then slip in your message among the rest of the media. Frankly, I found this advice disingenuous: if every organization becomes a media company, the content market will become even more saturated. Only the early birds are going to catch this worm!!!

The format of this session was mostly Q&A, which worked quite well despite the fact that Vaynerchuk was participating through two-way video. His most common advice to the people with tactical questions was 'become a media company'.

* I definitely have to do more research to fully understand these dark posts. Vaynerchuk's talk was liberally sprinkled with acronyms and was clearly aimed at people who already knew a lot about social media.