According to Forbes' contributor, David Vinjamuri, some common mistakes that companies make are:
- Unreported endorsements (i.e., the company pays a blogger or tweeter to recommend the company, but neither the blogger nor the company ever disclose the compensatory arrangement)
- Improper anonymity (e.g., false online reviews, posted like from a third-party, to either endorse one's product or to bash one's competitor)
- Compromising consumer privacy (e.g., Facebook's ever-changing privacy settings that make it hard to control what people outside of one's close network see; or Google's GMail changed privacy settings, that mines your e-mails for business analytic purposes)
- Overly enthusiastic employees (i.e., employees endorsing the company on their own time, but forgetting to mention that they're associated with and/or employed by the company)
- Using the online community to get free work (i.e., posting an invitation to fans to contribute their artistic work and creative and innovative ideas to help endorse the company or product, without compensating the creators of those ideas for their work, which may or may not be later incorporated into a traditional advertising campaign)
Moreover, it is dangerous for companies to become lazy or overly-advantageous with social media, because their competitors may also find their faux-pas, and they could all of a sudden be faced with a smear-campaign, like that which Microsoft recently published online (see video on left), in regard to the "corrupt GMail Man." Because Google changed its privacy policy in a very vague fashion, Microsoft took their opportunity to create an online discussion about what had happened in the form of funny videos that not only bashed GMail, but that also promoted Microsoft Office 365.
Therefore, it is important to be aware of the message one is giving off when he or she posts on social media sites, especially if that someone is working for a company, and that what he or she says could be misconstrued to be promoting a product or company or slandering the name of the company's competitor. Indirect problems of this sort are commonplace, and it's much better for long-term growth and success over the Internet to be aware of what the do's and don'ts of social media are, before you cost your company big time by making the single self-deprecating post or decision that could crumble your business.
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