Yeah, I know you’ve heard it all … that Social Media  Marketing slices and dices, is the answer to world peace, and will make your teeth up to three shades whiter with only one use.  But from the sea of hype that we’ve been sailing—filled with assertions about what social media is and isn’t and what it can and can’t do—are beginning to arise some proven truths. Having had the opportunity to put many, many new media opportunities through their paces, we’ve zeroed in on six truths we’ve discovered from personal experience—not in any specific order, but intended serve as food for thought as you decide how to apply social media in your marketing strategies, and prepare for what comes next!

1.  Social Media Isn’t Singular

We really have heard it all … “Show me the ROI.”  “Facebook isn’t a marketing channel.”  “Social media is for conversation, not conversion.”  Fact is, social media isn’t any one thing, and therefore doesn’t fit neatly into any one box.

Follow me here… back when the Internet was new, it took us a while in the multifamily industry to grasp what email  and websites could do; but eventually we came to realize that it was more than a fancy replacement for paper … that it supported a number of functions including customer service, communications, community, entertainment, advertising, engagement, marketing, PR, and more—and all to varying degrees depending on a company’s brand, marketing approach, culture, and (most importantly) how our customers prefer to engage with our brand.

Very much like email, social media is becoming the “Swiss Army Knife” not just of marketing, but also of customer service and retention, product development, internal communications, innovation and idea development, and so much more.  And yet, so many people still insist on trying to fit “it” into their existing marketing structure as though it is and does only one thing.

It’s not a one-trick pony, so don’t treat it like one.

2.  Customer Service Is the New Marketing

This isn’t new news to any of us in the apartment business; but in a world gone social and with increasing consumer demand for transparency, serving your customers remarkably well has become more important than ever before.

Communicating with speed and honesty to issues—and that goes for the flipside, too: enabling your customers and community to communicate to you—has become Priority One in your ability to acquire new customers.  People “talk” … they always have, and now that social media has enabled them to do it pretty much 24/7 and to whole groups of friends at once, they do it more effectively than ever before.  We also know that it’s human nature for them to share bad experiences more readily than good ones.  Ten years ago, a resident told a friend, and maybe that friend told somebody, and perhaps even that friend told somebody else.  Today a resident clicks a few keys on Facebook and tells a hundred people at once; and if that’s as far as it goes, you can thank your lucky stars. And I’m not even going to go into depth about how long a bad rating can hang around to haunt your reputation once it’s been posted to a community ratings site.

In this new social paradigm, your front line and marketing departments need to learn to work hand in hand to avoid bad customer experiences and make it easier and more likely for customers to share great ones!  In the old paradigm, onsite and marketing might have been separated by any number of tortuous lines and boxes on the old org chart; but in the new world, they must be aligned to facilitate the flow of communication between them, and create great experiences for customers as a result.

3.  Your Marketing Department Just Got a Whole Lot Bigger

Because it now includes your customers.  Way back in 1964, Marshall McLuhan told us that the medium is the message, and that’s still true today in that our various social media platforms lend undeniable character to what we convey there.  But what’s different now is that the messages have become vastly more personalized.  A great print ad is a powerful thing, but it will never possess the ability to persuade another human being the way that another human being can. And your social community is entirely made up of them.

Now that said, it’s important to realize that marketing is still marketing; and the game has maybe not changed as drastically for us in that our business has always been about creating and ensuring a great customer experience.  What has changed, though is that instead of working with mostly headlines and taglines and deadlines and other linear processes, you’re now working in the totally three-dimensional, round-the-clock online world where many people communicate to many people all at the same time.  Instead of identifying and managing great creative, your job description now includes identifying, enabling, and encouraging (due diligence) influential fans of your business (channel selection) to convince people that you’re their best possible choice (execution).  The job is still the same, but the medium has changed the game.

4.  It’s ALL Mobile Marketing

We’re all on the go, and most of us are consuming large quantities of our information via a mobile device of some kind or other; and the more that becomes a commonality, the less specialized that communications channel becomes.  It’s on the fast track to become the dominant way that we interact with other individuals and with brands and pretty much the whole world at large.  More customers are going to be interacting with you on the small screen, so if you’re not already focusing some of your marketing efforts on optimizing that experience, it’s time to.  Try to think of “mobile marketing” as less about being a channel and more about reaching people when and where they are (and are willing) to interact with your brand. That’s more and more likely to be via the small screen in their hand.

Oh, one more thing… while you might be tempted to dismiss the iPad as just another slick new tech toy, think again.  There’s a big gap to be filled between laptops and handhelds, and the iPad is just one of many devices rushing to fill that void. With more “tablet” sized devices on the horizon, you can expect more costumers to be found there, as well.

5.  Enter The Chief Marketing Nerd

As more companies come to terms with the fact that technology and marketing have merged, they’ll begin to see the justified need to hire senior level management (Chief Marketing Technology Officers or Social Media Marketing Officers, or some other titular combination that’s equal parts Creative and Geek) to oversee the tech-related facets of the marketing process and help marketing and IT work together as a seamless team.  The few and foresightful professionals out there who have reinforced their marketing expertise with technical know-how will be—should already be—in hot demand.  As even more new channels emerge and the pace of change gains even more momentum, companies that don’t invest in tech-savvy marketing expertise are going to be quickly outmaneuvered by the competition.

6.  Email is Still a Killer App

And finally, social media and mobile delivery may be hogging the spotlight, but don’t forget about your old faithful marketing steady: email.  Maybe it isn’t as hot as it used to be, but it continues to be a tremendously reliable way to deliver a message, engage people with your brand, convey value, and save you time and money … but there’s one important thing you do need to know.  A slight shift is happening as consumers begin using email less often for their personal communications than Tweeting, posting, messaging, or texting—the key word there being personal.  Permission-based email is still today’s consumer’s preferred channel for interacting with companies and brands; but now that more consumers are receiving it on the go, it’s more important than ever to deliver the right message at the right time.

If you’d like to really put your finger on the pulse of today’s marketing, we’d like to recommend three great Reality Check sessions at Brainstorming 2010.  If you’re new to social media, join the inimitable Toni Blake for The Amazing Race to Social Media: Create and Manage a Successful Online Presence and hear Toni’s multifamily plan for "Beginner's Success" in social media. You can join  Chairty Hisle when she presents Social Media Strategies That Work, and to learn even more about the new marketing, join Chantelle Flannery of Firebelly Marketing for America's Next Top Multifamily Marketer and learn four key elements that will make your marketing plan a Super Model of success including: defining and expressing your unique selling proposition; perfect pricing; choosing your vehicles wisely; delivery that doesn’t leave a doubt; and much more!

If you have added the Social Media Optimization Summits to your Brainstoming registration you might like to consider attending our full blown, two and four hour workshops.