I’m really very fortunate to work with some of the most forward-thinking companies in the UK, but sometimes they just plain don’t understand this Net thing.
This week I had a meeting with a large client who has spent over £10m on his web strategy since 2005. Big money, big ideas and huge amounts of success. Ace.
As part of the (large) strategy is a very successful forum, it’s the only one in their space and it stands large and dominating. They rarely have to moderate it and have a great community of about 6,000 registered users and around 50,000 lurkers every year reading 20,000 posts. It cost less than £5,000 to setup in 2003 - what a bargain!
It’s a great opportunity to communicate to their ‘family’, their customers, their messengers. It could be the most influential element of their brand. In the world of semantic trust, social networking, link-sharing and search engines it offers a unique (in their marketplace) opportunity.
Last year they spent less than £500 and 1hr a week looking after it. Not surprisingly it’s dying. That is dysfunctional marketing.
Put simply, they just don’t get it. What a waste.