This multi-part series will help you understand what is really going on with the marketplace today. How the Social Media Revolution is going to affect the way you do business today, and in the future.
We will address both the pure marketing as well as the management and business development issues that are changing your marketplace and forcing you to choose between evolution and extinction.

This revolution is not just a fad, it won’t go away, and most importantly, it is so momentous that you can’t just adapt your old techniques to fit it. Adaptation now means re-thinking your company from the core. With a weakening economy, those who cling to the old ways today will be the proverbial Dinosaurs tomorrow.

If you are in business today, or plan to be in the future, you should consider Subscribing to make sure you don’t miss any of these posts.

Part 1 - Understanding a Changing world

The technology revolution has since the 90’s sparked discussions on how we are becoming more and more disconnected from each other and how the Internet is depriving us the basic human need of socialization.

Human needs will only be denied for so long. The Social Media Boom is a clear symptom of this. The market has taken the internet to a new level by becoming increasingly interconnected. Before this revolution, a customer could do little more than sue if they were displeased. Today, even the smallest customer can build an avalanche of negative publicity.

Effectively the market has returned to a pre-computer time when "the customer is always right" still ruled. The customer now actively seeks out others to talk and discuss not only your products, but also everything else that your company does. They are using this means of communication to force companies to listen to them. The power of numbers has again made the customer right.

The relative isolation of an angry customer is no longer there. Your customer in Japan can and will communicate their disappointment to your prospect in New York as easily as if they were neighbors. Those that choose the short term solution of not listening to a displeased customer are handing out their own coffin nails.

Let’s take a look at what has already changed, and what changes we expect to see in the future.

Access Denied

The total accessibility of our modern times if often discussed. Technology gives us access to enough information to completely overload our capacity to take it in. When the overload hits, we naturally limit something. And the first thing to go out the window was our tolerance for unsolicited sales efforts.

We can see the movement towards this reduced tolerance in some recent developments.

1. The Do Not Call Registry
Over 70% has signed up for this list of numbers that phone salesmen are legally bound to not call. This should tell anyone that the industry is dead. Don’t make the mistake of thinking that the remaining 30% WANT to be called in the middle of dinner, they just haven’t signed up yet.

2. TIVO / DVR
When asked, over 65% of all digital video recorder owners stated "the best thing with this technology is the ability to watch a show after it has been run so they can fast forward through the commercials." Although 35% had another primary reason for liking their DVR, over 99% reported fast forwarding through the commercials on a recorded show.

3. XM-Radio
Again, one of the big selling points here is radio without advertising. "100% Ad-Free" is on almost every XM-Radio sales poster you see around.

4. Direct Mail
Most apartment and condominium complexes have a trash can right next to the mailboxes for people to "sort" their mail before even bringing it in.
Next time you are in an office supply store, look at the shredders. One of the major selling points for these machines is that you have to shred your direct mail to avoid identity theft. Direct Mail is not only a nuisance anymore; it has become a threat.

The message is clear. The unsolicited sales effort is not only ineffective. It is now considered invasive, unwanted and interruptive. This means that the companies that continue their old forced efforts will be considered invasive, unwanted and interruptive as well. Not exactly the most desirable buzzwords for any company.

The marketplace has sent a very clear message, and you better pay attention.
"You don’t have access without my permission."

The Social Marketing Asteroid

So the customers got very good at screening out the unwanted sales pitches. This left a little room in their otherwise busy day for other types of information. Enter the Social Media networks.
Not only did they allow for a lot of activities that people simply thought were fun, it was soon discovered that it also gave access to information that previously wasn’t easily accessible. No matter how obscure the topic, someone knew something about it. Word of mouth marketing started in these networks simply because someone liked a band, a new product, or made some other discovery. This was not selling; this was honest stories from other consumers.

Now people were talking, and sharing information. Small companies, with niche products who had lived on tight marketing budgets were all of a sudden being talked about. Word of mouth rocketed some of these small companies out into the stratosphere before even they had time to react.

Then the Asteroid hit.

The information sharing online all of a sudden reached critical mass, and it became the norm for getting information about products and businesses. The customers now got the information they wanted, when they wanted it, and they got it from non-affiliated sources. We choose to listen to relative strangers before we take the word of the company that sells it.

All of a sudden, the high volume carpet bombing of customers lost most if not all effect. This was the real beginning of the end for the Dinosaur Marketer.

Just like any other well established institution, traditional marketing is fighting back, clawing at everything to retain a grip in a quickly changing world. These are the ones spreading mass emails through social networks, and using fairly innovative ways to fit their square peg into the round hole.

Here is the problem.

We know Social Networks became popular as a way to get information without being bombarded with sales pitches. The idea that we should try to fit mass marketing into this forum is nothing more than a foot in the door. It is the last desperate attempt of the ones destined for extinction because they are unable to adapt. Those who propagate this are the Dinosaurs of Marketing, and the market will exercise its power to push them into the history books soon enough.

For any company that wishes to survive, it is imperative to recognize this type of marketing effort. It may appear cheap but really is expensive, simply because it doesn’t work very well. More importantly it halts your company from beginning the necessary evolution to survive.

Stay tuned for Part Two where we will discuss how to recognize a Dinosaur Marketer, how to effectively begin evolving, and I will explain why this is going to change all marketing, not just the online world.