Social Media Marketing – Myths or Reality?

In a recent Business Week Viewpoint article called “Beware Social Media Marketing Myths“, Gene Marks highlights what he feels are 5 myths of social media marketing that small business owners should be aware of. Although all 5 of these statements as he describes are myths, I believe this article is misleading to readers on the value of using social media as a channel to build visibility and awareness for your business and personal brand. So let me weigh in on these 5 myths of social media marketing.

Myth 1. Social media sites are free

Reality: This statement is not a myth but a gross understatement of the value of social media. There is a significant cost in time which is an issue if small business owners do not know how to use these tools to market your business as you will spend a lot of time and get nothing in return. But, nothing of value in this world comes for free and you need to invest some type of resource – time or money – to get the most out of them. Think of social media as a channel in which you are able to communicate your value to your ideal client. You must spend time meeting people in these social media sites, building relationships and hearing what they have to say. As Gary Vaynerchuk (@GaryVee) pointed out in his keynote presentation for the Social Media Success Summit, it takes sweat equity to be successful using social media. Read more on Social Media Marketing – Myths or Reality?…