When to Adopt Social Media Tools into Marketing

There’s three ways to look at adopting new digital media and social media channels for your marketing and communications efforts.

A) Bleeding Edge: Get in before the service becomes super hot to build presence and traction (i.e. getting into Twitter in 2007.) The upside can be getting to shape the tone and manner and building a strong brand presence. The downside is knowing it will be a winner and that it won’t shut down for lack of service. If you picked Plurk as microblog platform, well, sorry about that.

B) Leading Edge: This is when, it would seem, mainstream media first starts to report on a service. A good example would be blogging. You can better pick which service is likely to be around in a few years (even through acquisitions or mergers) and you can still play a role in shaping the channel and building  a strong presence.

C) Laggard: Shareholders of pharmacy chain Walgreen’s kept pushing senior management to build an online presence fast and start an eCommerce site. Management resisted and waiting until 2000, watching and learning from others who failed. Smart move on Walgreen’s part. Sometimes this can be a safe bet, but you’ll expend more human resource time and money in social media channels the later you enter.

In large part, when you choose to use a social media  service depends mostly on senior management’s comfort with that level of engagement, expenditure and how it can relate to ROI for the business. Other factors include time, brand values, market size etc. As always with social media, do some listening first. A service may not always live up to the hype or may not even be right for your organization.

Some companies have a culture of being “bleeding edge” and want to be at the visionary stage of product adoption (i.e. Moores Law of technology adoption)