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Trey Pennington comes to Scotland

By Greig Cameron on Jun 15, 10 01:12 PM in Events

There are already a couple of regular social media events in Scotland (such as the New Media Breakfast or Craig McGill's Scottish Social Media Dinners).

The latest to step out onto the landscape is Media140 Scotland which kicks off in Glasgow on Thursday.

Keynote speaker Trey Pennington has drafted up a guest blog piece for us ahead of his arrival in Scotland.

The American, who has 85,000 followers on Twitter, is recognised as a big hitter when it comes to social media uses for business.

So here's what he had to say.

Should social media matter to businesses?

You probably hear about social media non-stop. You've heard how students, celebrities and politicians use it to stay in touch with friends, fans, and voters. The question is, is social media a serious tool for entrepreneurs and business owners?

If you need to get the attention of your prospects and customers (or the press), find out what people are willing to buy, or stimulate word-of-mouth promotion of your business, social media might just be your best marketing option.

Because there's no universally agreed upon definition of marketing, I'll offer my own: Marketing is the ongoing process of engagement whereby strangers are nurtured into advocates. The process requires that:

• strangers become aware of your existence
• strangers become aware of the problems you solve
• prospects connect your solution to some problem they have
• prospects realize your solution is the best solution for their problem
• prospects become customers by concluding some kind of transaction
• customers have a pleasurable, rewarding, satisfying experience with your solution
• customers have the information and resources they need to tell other people about you

Plot that process on a continuum from left to right. Social media performs admirably on both ends of the spectrum - making strangers aware of you and making it easy for advocates to talk about you. Social media is powerful marketing tool for meeting new people and helping them get to know you. It's also powerful for facilitating worthwhile experiences and making them easy to talk about.

Two generations ago, my hometown of Greenville, South Carolina was an economic powerhouse. Greenville was the heartbeat of the textile industry. Today the beautiful brick textile mills are either empty or have been converted to housing for rich people. There's still one bright spot in Greenville for this once glorious, now nearly dead industry - Carolina Manufacturing.

Carolina Manufacturing makes bandanas. Their bandanas are sold through an ever-shrinking retail network. Retailers have been steadily abandoning American made bandanas for the much cheaper Chinese bandanas. Last year the company stumbled into social media by searching for bandana pictures on the photo-sharing site Flickr.

What they discovered was an intense community of passionate bandana enthusiasts. Carolina Manufacturing began paying attention to them, asked for permission to re-produce Flickr photos in their printed catalog, and established a close bond between the company and end users. The attention they showered on users created a pleasurable, rewarding, satisfying experience for bandana lovers.

Now the marketplace can't get enough of Carolina Manufacturing's bandanas! Retailers are now calling the company and asking if they could be allowed to carry Carolina Manufacturing bandanas once again.

You might not be a member of a once-glorious-now-nearly-dead industry, but you probably need more people to know you exist, know what you do, love what you do, and willing to share what you do with their friends. Social media gives you the tools - most for free - to gain the attention of your marketplace and help them travel through your marketing continuum.

Social media matters: it just may be the business owner's most powerful marketing opportunity.

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Authors

Alasdair Northrop

Alasdair Northrop

Editor of Insider, editor in chief of Business7 and business editor of the Daily Record provides his take on the big stories.

View all of my postings.
Greig Cameron

Greig Cameron

Providing his analysis of the Scottish business world

View all of my postings.
Scott McCulloch

Scott McCulloch

Delivering a no nonsense view on the Scottish business community.

View all of my postings.
Andrew McCalister

Andrew McCalister

Discovering the secrets of startups and venture financing in Silicon Valley.

View all of my postings.
Alison Grieve

Alison Grieve

Documenting the highs and lows of a new business start-up

View all of my postings.

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