A Question About Social Media.

187
0

Here’s a question I often think about — the answer for which will have grave impact on the future of social media.  Did social media as a business toolset evolve the way it did because of its unique technological place in the world, or because it was fueled by the recession?  Did businesses believe it a low-cost way to generate sales, increase loyalty and reduce marketing spend…while staying active?

Mary Meeker’s most recent report on the web talks about the “Ferocious pace of change.”  The marketing uptake on social media went from zero or 80 (percent) in a very short order. I loves me some social media.  It has helped build my business. But it’s a tool. An exciting new tool, but a tool none the less. Some are using it as a strategy.  Had the economy been strong, would the market have adopted SoMe as quickly?

Holiday shopping is back up it was reported today.  Good news for retailers, economy, and the government (taxes).  Let’s just see if those 200 social media agencies that popped up in NYC/Brooklyn the last two years have the ballast to make through to 2012?  Thoughts? 

Peace it up for the holidays!