Leaner and Meaner in 2009

Over the past week, I didn't have the internet at my house. No Twitter, no RSS feeds, no Facebook, no email. And it wasn't the end of the world.

I realized that there were many things that I spent time on that were unnecessary. There are so many ways to get wrapped up and consumed in our social networks and internet habits that we ultimately waste a lot of time. Not having the internet for a week (in the evenings) reminded me that I don't need to refresh my Twitter page every minute to read what everyone is saying. I can improve the way I use my time.

Once better systems are in place to measure the impact of social media efforts and the mainstream more readily adopts them, will those social media efforts be lean and mean enough to be worth it? To improve the ROI of social media, it is going to become very important for us to get rid of the factors and habits that waste our time.

I want to hear your plans to "cut the fat" from your online activities in 2009. Suggestions?

Traditional Media ROI - Just As Hard To Quantify?

We put a lot of value on landing a mention or story in a big newspaper like USA Today. Once we make it into a big newspaper, we have hit the jackpot. Everyone will hear about us. Millions read that paper everyday, which translates to lots of exposure for our brand or product. There has been a lot of talk about the ROI of social media lately and yes, it is hard to measure, but is it harder to measure than that of traditional media?

Consider the following funnel: I subscribe to the newspaper > I actually read the article with your brand name > I actually remember the brand name > I use the info in the article to make a purchasing decision.

My argument is this: it is just as hard to measure true ROI in traditional media as it is with online or social media. Sure, lots of people subscribe to USA Today, but everyone does not read and soak in every single article or advertisement. They skim. They pick and chose. They filter. A newspaper readership with 100,000 subscribers does not mean that 100,000 people saw your brand name, let alone used the info to make a decision that effects your profit.

Are we too comfortable accepting the ROI measurements for traditional media?

ROI of Social Media

David Meerman Scott answers the question of "How do you measure the ROI of Social Media?"



This is a question that every marketer should be prepared to answer as they approach management and clients with new media strategies.


Gary Vaynerchuk also has some advice on this subject: