The Critical Shift

Five years ago, if someone from your marketing department said “Let’s market to our existing customers!” they would have risked losing their job. Why would any organization spend time or effort on customers who’ve already bought the product? Backwards you say? Not anymore. This is a winning strategy on the social web.

Social media changes the game by giving brands and organizations an unprecedented ability to target and energize their existing fans. 5 to 10 years ago, brands didn’t know who their biggest fans were or where to find and engage them. Now individuals come to you and they bring their entire social graph of trusted relationships with them. When the stars align and they start to come in droves, it’s word of mouth on fire – that’s the real power of the social web. Recognizing that, smart organizations that have a connected fan base shift their spending away from recruiting and start focusing on their existing community’s happiness and let the fans do the marketing for them.

BMW has had amazing success with it’s strategy of targeting existing Mini Cooper Owners because they understand how critical their passionate customers are for spreading ideas that promote the brand. Mini Ownership for many isn’t just about the car – it’s about being part of a subculture that has it’s own fashion, events and lifestyle. BMW made a smart move by focusing on treating their best customers as special insiders who love to be in the know and talk about the product. There’s a key lesson here for any brand with an existing community. People haven’t fundamentally changed, but the technology does change their ability to market for you so significantly that it changes where the dollars should be spent.