Money Can’t Buy You Love, Even in Social Media

17 September 2009 | By the Partners in Social Media, Trends

money-cant-buy-loveLast week an Australian company, USocial, launched a new offering to the social media world. For $177.30 you can purchase a 1,000-member group of “targeted” Fans for your company’s Facebook Fan Page, up to 10,000 fans. However, by “targeted” USocial merely means that these fans reside in the country you do business in and/or are affiliated with your industry or interest group.

Suffice it to say, USocial missed the mark. The entire purpose of social media is to create and strengthen relationships. How can a bond exist between an organization and 1,000 Fans who have simply been “purchased”? It’s even questionable whether the Fans are actual people or automated accounts that would be worthless to your business. You can’t buy relationships – at least not the useful kind.

From there, the facts behind USocial get even fuzzier. Although USocial argues that your bulk purchase of Fans will be targeted, their ability to target is extremely limited. If your brand’s audience is a specific demographic in Northeast Kansas, obtaining 1,000 Fans from across the United States is nearly useless. Futhermore, USocial claims it’s common knowledge that each Fan will generate at least $1 in monthly profits. However, they offer no evidence to support this unlikely statement.

And for anyone who might still be considering USocial, consider the stance of Twitter and Digg. When USocial set up similar business offerings on these networks, both sites moved to ban USocial. Despite those demands to cease and desist, USocial continues to run its business.

View Comments on “Money Can’t Buy You Love, Even in Social Media”

  1. I wonder how many companies have taken USocial up on their new offering. I bet they’re doing pretty good. Granted, the companies who are buying fans certainly don’t get the jist of social media, but USocial is filling a need… even if only a perceived need. There’s a lot of fear and apprehension out there regarding the social media as silver-haired CEOs and small business owners read about Twitter, Facebook and other services and wonder what they’re actually reading about…  I wonder if that fear of the unknown has been significant enough to create a niche for this kind of product/business model? Regain control by buying your way in. After all, emotion closes sales, and fear, of all the emotions, sells the most the fastest (in my humble opinion).

     

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