Wednesday, May 20, 2020
Personal Brands Surprise! You Are What You Like - Personal Branding Blog - Stand Out In Your Career
Personal Brands Surprise! You Are What You Like - Personal Branding Blog - Stand Out In Your Career Facebookâs advertising model is astounding â" not only because major brands actually buy those ugly little ads that stick on the right hand side of your wall. It is hard to believe the power of that little block photo and 160 characters. Whatâs really astounding is how FB has engineered the trajectory and value of those mean little ads. They do it simply: by leveraging your reputation and your good name: your personal brand. Facebooks magical tool Facebookâs magical money machine is all in its signature âLikeâ button. Facebook isnt selling advertisers on the likelihood youll buy something. Its click through rate is 1/10th of one percent versus Googles nearly 10% of audience reached. The goal is getting your permission (without your realizing it) for the brand to announce to your Facebook friends that you endorse it. If your personal brand has taken off, you are in effect co-branding with no share of the profits. For advertisers, this instant and free viral marketing they crave like vampires crave blood, winds up out of your hands and onto your wall. Thats how easily you become a brand evangelist. Itâs kind of like smoking or any of the other dumb things you did, which your parents credited to the other kids you hung out with. Peer pressure has a new name: itâs called âLikeâ on Facebook. In fact, all around the web you now find the familiar âLikeâ button showing up. You can give almost anything your endorsement, worth lots to advertisers and they get it as your gift. You often do this unwittingly, changing the meaning of your personal brand by just a click or two or more. An ad orchestrated around your profile gets more than your mere endorsement. Word of mouth or buzz from personal sources remains the number one predictor of purchasing. With the âlikeâ feature, you create buzz with one button. No more emailing a funny ad around or sending people to YouTube. All the muss and fuss of your communicating what you think is funny, smart or otherwise likable, is now in Facebookâs hands. All of that is free to the advertiser. As an endorser, you donât get to sign an agreement with each brand and you donât get paid. If youâve clicked on them, you know the ads are low on message and high on short engagement experiences. They are polls, contests, and other ways you can waste your time (at least 6 hours a month on average). Engaging the consumer Whatâs bad for your time management is great for consumer behavior. We know involvement greatly increases the likelihood of your passing around a good word (or in this case, the most important element of your personal brand: your good name). As youâve seen on your wall, you can now âLikeâ an ad just like you like a friendâs post or photo. Thatâs why âLikeâ is so powerful â" because its so incredibly effortless on your part. Like started out as a way to kind of back slap a friend, with just one click. Thatâs way faster than actually composing a three word Comment. Now you can âLikeâ ads, which lets your friends now youâre still alive, but not awake enough to actually post something. This new âLikeâ function explodes the number of people who learn about a brand or ad offer, because your friends see your name attached to it on their walls, and they are then likely to Like it for their friends. âMolly Jo likes Cheeriosâ is the big innovation. Via that caption Facebook turns a cheap, bad ad into a viral juggernaut for the advertiser. As your endorsement goes out on your friendsâ walls, more join in because, after all, friends are very influenced by their friends. Personal brands, remember you are not getting paid in any way for your becoming a spokesperson for all these other brands. Facebook is the broker for your co-branding arrangement, every time you âLikeâ something. You are a powerhouse of persuasion because your name has cachet with your friends (and their friends). Advertisers exploit your personal brand, as your halo casts a gleam on their brand. So, if you are not getting paid: why are you liking something âout loudâ to your friends? For personal brands who relentlessly connect audiences to the stable and coherent meaning of who we are and what we represent: we dilute the power of our brands every time we âLikeâ something that obscures the message about ourselves. Surprise! Personal brands: we will now become what we Like on Facebook and the web. This is fast, easy, and dangerous. Want to co-brand with my good name and reputation? Just click Like below. Thanks! Author: Nance Rosen is the author of Speak Up! Succeed. She speaks to business audiences around the world and is a resource for press, including print, broadcast and online journalists and bloggers covering social media and careers. Read more at NanceRosenBlog. Twitter name: nancerosen.
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