Tag Archives: business case

Making the Business Case for Social Media

Despite the skyrocketing adoption of social media by customers and explosion of “experts” in this space, there is still significant angst among social media practitioners across companies who are struggling with lack of support from management.

So let’s look at the key reasons why your management doesn’t “get” social media and effective ways of channeling the frustration into some concrete steps, which can be a much more productive way to counter this issue.

#1 Can you hear me now?

In many organizations, social media champions/practitioners have little business background or acumen. So, their case for doing social media is somewhat weak since they can’t effectively convey the value to management. To convince management why social media matters, you will need a strong evangelizer/s who understands the business objectives, has credibility with management and is able to communicate the value of social media effectively to your management.

#2 Failing the “So What” Test

Social media practitioners are failing to connect the dots between social media activities and business objectives. Management may not “get” social media but they understand business metrics. Too many social media champions are on “planet social media” while their management is firmly grounded in their financial reality. If social media champions want to make their case, they will have to start translating their social media metrics like fans, followers into real metrics like traffic, leads, and sales, ie. metrics that an executive can relate to and care about.

#3 Fuzzy is as Fuzzy Does

There are a wide variety of reasons for doing social media from “experts” ranging from “everyone is doing it” to “it’s risky not to do it”. Guilt and fear may be good instigators but rarely are good long-term motivators. The key is to share relevant examples and clearly highlight opportunities in your own industry, which is a much more effective way of getting your point across than showing random charts and examples from unrelated industries, just because the numbers look impressive. Having clearly defined business goals and tying social media activities to specific objectives will go a long way towards making a solid case.

#4 Focus on What Matters

The reality of corporate America is that your management’s top priority is the bottom line (which can be a good thing as it keeps you employed). Rather than taking it personally, social media champions should address the real issues underlying the hesitation rather than demonizing the messenger. If your management’s goal is to drive more awareness of a new product, put together a plan that can help meet that objective rather than offering to set up a social program with no clear direction or purpose.

#5 Rome Was Not Built in a Day

Last but not the least, change-resistant culture continues to be a huge inhibitor to adoption of anything new and this is no different. The only way forward is to take small steps towards the end goal and be patient yet persistent to get where you need to go. What is critical to success is your ability to listen to the concerns (you’d be surprised that some are quite genuine) and address each one as you build your case. Good news is that you’re swimming with the tide not against it, so change will come, slowly but surely.