We live in the age of information, connection and conversation. Any brand that will be successful today must understand generosity to thrive. To make impact you must go all out to help both established and upcoming brands. I am beginning to understand that you must be ready to give without a demand for returns immediately when you are pioneering a cause. I have made a commitment to help, affect as many people that need my professional advice. Each day I get called from students who are interested in brand community building, social media and how it relates to Public relations, marketing etc.
As tight as my schedules are, I have learnt to create time for them, took them one- on -one session and load them with enough materials they will need to stand alone. Sometimes that appears a mere waste of time but recently I was doing a study on social and cultural capital and this gave me a new perspective. While trying to help, I discovered my brand is becoming visible to future managers who will hold position of authority in the industry. As we know visibility and reputation affect the decision making process and at the end of the day they influence behaviours.
It is a privilege to have knowledge to share. I read recently also that ‘When an individual has a lot of people in his/her life who are willing to support him and his ideas, people who want to hear what he has to say and who are interested in talking to him and talking about him, such an individual has an incredible gift that is called social capital’
Social capital also refers to both network of relationships, you have and have access to. French sociologist Pieitrre Bourdieu also defined social capital as ‘the aggregate of the actual or potential resources which are linked to possession of durable network of more or less institutionalized relationships of mutual acquaintance and recognitions’. Funding this account so that you can draw on it later means that you are making connection, building bridges, reaching out to people with aim of giving, staying in touch always with either your strong or weak ties.
Weak ties are those you meet in occasions, online but there is no such bond but you are willing to stretch yourself to those that matter. Technology, social software and networking sites can help us to do this well. You do not need to visit or having to call them every day. But we may need to acknowledge that it is not how many we have that count but how you make use of them.
As good as social capital is, it has limitations. So what takes your brand from here is cultural capital. Cultural capital rests on depth of influence. A great connection or network without strong influence will not help much. Cultural capital encompasses person’s knowledge, experience, connection to the extent, amount of influence a brand has in a society or tribe.
What this meant is that with all the social connection, if the brand has no expertise, experience, knowledge among other great features, it may not wield influence that will guarantee enough capital that it will need to exchange for other tangible or intangible values. The import of the above is while trying to build connection, network among other ingredients that will help build brand’s social capital, the depth of the value of such capital can be affected when the brand lacks expertise, experience and knowledge that will add up to brand’s depth of influence on the social network that produces the cultural capital.
In closing, every brand needs to start from somewhere. Start building your social capital while you are still building your cultural capital. If you have to wait until all the features of Cultural capital are in place before building social capital it may be late. Research has shown that Social capital plus Cultural capital will always guarantee heavy financial capital. Someone actually concluded that Social capital and Cultural capital are greater than financial capital. Whether that is true I cannot draw conclusion here. But what do you think?
At a recent World social media mob flash held in Lagos Nigeria where we have the gathering of social media enthusiasts, professionals and those who intend to use social media, the audience was generally talking about best use of social media in Nigeria by corporate organizations in our environment.
I was thrilled recently after a discussion session with a think tank group that comprises of customers (Generation X, Y with a little of baby boomer), service providers, some other informed opinion leaders in the area of branding, marketing etc. Prior to this, I have stumbled on an article ‘Future of Retail’ on the net and was fascinated by the trend at which customer service as well as business relationship with clients are being conducted in other clime.
Many have asked me why I always say that networking will be the rule of the game now. A guy actually said ‘if I have done my part do I need anyone to validate my effort?’ While I quite understand that we cannot substitute hard work for anything, it is also a known fact that there are several ‘hardworkers’ who have not gained any noted ground in their fields. Hardwork alone cannot guarantee success again. There are lots of other ingredients that come to play for individual to make headway.
There is no need repeating the obvious. Humans thrive when there is interaction, bonding and not when in isolation. Humans are not wired to live in isolation. To be successful human/brand needs solid relationships, engagement with others. since the world has become a global village, building engagement withy locals only deprive brands the benefits that are available to all.
In today’s world, campaign seems to be loosing the grip it used to have. Campaign used to be the magic wand that sold the idea to people. It used to be the last card when a brand, idea, product or service is not doing well and brand owners need to reinvent or rejuvenate the brand. Campaign is also used to launch a new product to the market. While campaign is still very relevant, its effectiveness seems to be fading. Some other vital instruments are coming up fast and catching up with campaigns relevance. What then seems to be wrong with campaign? I think it is important to start with what campaign is. An online resources states ‘Campaigns are the advertisements created by the Advertiser. A Campaign contains one or more Advertisements. 
