Tuesday 29 April 2014

Social Media Part 5- Is it worth it?





After spending the last few weeks working through some of the complexities of social media we reach the all-important question: is it worth it?

And just as we had to break down the definition of social media, we’ll have to break down just what is worth what. Rather than providing us with a straight forward answer, this little question of worth becomes more of a ‘how long is a piece of string’ matter.

Because what social media can provide and produce can vary significantly depending upon an individual’s use and expectations.

We’ve already established that the only real cost of social media is time. That’s our input. What its output is and what we can gain from it is generally measured in the quantifiable terms of ‘likes’, ‘follows’, ‘shares’ etc. From a sales perspective, musicians look for CDs sold and/or tickets sold.

But there is also a non-quantifiable result. From a business perspective it can be about raising awareness of your brand name and identity. From a collegial perspective it can be about establishing connections with musicians you might not otherwise get to meet, and sharing ideas and experiences.

As a harpist in Australia, which has a rather small harp world, this is one thing I really appreciate about social media. I have sat at home in my jim-jams eating breakfast while watching a live stream of a concert in America and exchanging on line comments with other participants. This is amazing.

Bearing this in mind it’s generally best not to approach social media as strictly a marketing or promotion tool. Absolutely you can do that, but this is a form of communication that prides itself on connection and authenticity. So perhaps the question of worth is one which needs to be measured experientially (do I feel that I am making and benefitting from good connections?) as well as quantifiably (do I have lots of likes and is that flowing through to a tangible (financial) reward?).

And here we might take a little side step to explore the problems of ‘likes’.











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