It has been said that the dynamics of Social Media as a channel are very similar to the industry shift that occurred in the early 1990’s, when companies realized they needed a website. If you can remember back to those days, most companies had no strategic plan for how to integrate this channel into their overall marketing strategy, but because there was so much buzz about the Internet, companies jumped on the bandwagon, not knowing or comprehending that eCommerce was the wave of the future. As you might recall, companies scrounged up the financial resources needed to fund this unproven channel. Social Media has many similar attributes.
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