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Social Networks and Customer Relationship Management (CRM)

AdAge: "For all the talk about how much money Facebook and MySpace are making off ads -- and whether or not those ads work -- there's a growing sense of concern that the promise of social networking as a marketing vehicle is getting lost. Some marketing execs are suggesting the space should be used less like a paid media vehicle and more like a customer-relationship-management tool." (emphasis added)

Bonus quote from Debra Aho Williamson: "[Display advertising] is the 'low-hanging fruit' and the real potential of social networks has yet to be tapped."

Bingo!

August 23, 2007 | Permalink

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Comments

Do you have an opinion about the Salesforce.com + Leverage Software solution? I lead a marketing dept. of a fortune 200 company and evaluating potential solutions.

Posted by: Tim FitzGerald | Aug 25, 2007 3:05:16 PM

Absolutely. There's a whole world of failure happening and waiting to happening in pseudo-engagement - ie in contect related ads.
Great example: http://thewayoftheweb.blogspot.com/2007/08/mcn-ad-mistake-when-keyword-advertising.html

Posted by: david cushman | Sep 3, 2007 7:48:27 AM

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