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As some social media experts are now starting to realize, businesses need a little bit more than relationships to justify their spend in conversational marketing. Relationships are difficult to forge and even more burdensome to measure. And while participation and engagement are part of a more effective interactive business communications program now, we can not neglect our responsibilities to the bottom line as well as our dedication to existing customers and prospects.

Socialized media affects an organization in its entirety. Any division responsible for outside communication interaction, from marketing and public relations to sales and service, will eventually socialize – it’s a matter of when, not if.

I’m often asked if I can share experiences, examples, and strategies in business-to-business as most individuals asking the question observe the saturation of business-to-consumer examples populating the socialmediasphere today.

Honestly, much of the work I do is focused in the B2B realm.  My experiences to date share similar philosophies, processes, and tactical programs with B2C programs, as almost everything begins with listening and observation. Identifying the new influencers, their reach, and surfacing their channels of influence and interaction are the benefits of research and documentation. The differences between B2C and B2B are represented specifically by the voices, communities, conversations, questions, interaction and their place within the buy and value cycles.

Everything comes into focus by reverse engineering who you need to reach, at what level, where they go for answers and direction, who do they look to for insight, and who are they connected to and why.

Perhaps one of the more understated benefits of social media in B2B is the ability to establish and foster expertise within a given industry or niche. The same tools and services that new influencers leverage to construct prominence and demonstrate awareness are also readily available to anyone with wisdom and vision to share.

I was once asked what it takes to become a thought leader. My answer was short and playfully sarcastic, “it starts with actually being a thought leader.” In all seriousness however, it’s true. Combining intelligence, prowess, experience, innovation, and inspiration into a series of targeted and distributed platforms that are shareable and discoverable by peers, customers, prospects and partners is how we earn mind share and eventually market share.

If you were to ask Charlene Li, Ray Wang, and Jeremiah Owyang of Altimeter Group, August Ray of Forrester, or Paul Greenberg author of CRM at the Speed of Light, I’m sure their views would align.

BtoB Magazine recently released its 2010 outlook, which predicts the rise of social media marketing in both importance and spend heading into the new year.

To get a deeper view at B2B social media marketing in 2010, eMarketer graphed the results…

 

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