Many ‘inspirational’ videos on the web compare the virtues of traditional advertising with social media marketing and plot the cost of traditional advertising as being ferociously expensive compared to its new fashionable digital cousin. I protest!
In the above video the newly appointed web wine guru Gary Vaynerchuk is quoted as having spent $15,000 on direct mail to get 200 new customers, $7,500 on billboard advertising to get 300 new customers and Twitter is credited with producing 1800 new customers for….FREE!
The back-story looks a little less simplistic. Mr Vaynerchuk is a very unique, charismatic and non-conventional wine critic. Gary has worked in the wine business for many years and decided to create a video blog back in early 2006. His style is very energetic making traditional wine critiques appear antiquated. His production quality has risen over the years and his personal investment in nourishing his following has been extensive.
Gary has many unique and un-repeatable advantages to his online marketing strategy:
- He got in early and had obtained extensive offline coverage in the Wall Street Journal, GQ magazine and on TV with Ellen and Conan O’Brian because of his first mover advantage.
- His technique was counter-intuitive to the market norm as the wine industry is typically conservative. His unconventional style, whether intentional or not, would be considered as disruptive in his market.
- He has spent more hours than most promoting his online reputation.
- He has remarkable charisma and passion in front of a camera.
So why is Gary shown in web videos as being the normal kind of social media success? He is clearly the exception. Why is Twitter credited for his success when it’s his highly entertaining content that drives his following? Gary lead a successful business before he went online. What is the cost per-hour needed for his massive input? Should we celebrate his unique timing, personality, passion, depth of knowledge, eccentricity, first mover advantage and disruptive techniques as being free?
Twitter is a great tool. It is wonderful at connecting you with like-minded individuals. However, it fails to deliver if your content is poor and you have nothing of interest to say. Creating content of interest to followers takes more than a Twitter account. It takes creativity, opinion and leadership. If your business is successful, it takes that very expensive commodity of your time to supply the story that spreads. If you’re time rich it takes creativity. Most frequently it takes a blended approach to marketing using traditional and digital channels. Don’t believe the hype!
Gary Vaynerchuk has spent thousands of dollars of his time creating his own brand and followers. His videos are entertaining and unique. It is this investment and creativity that has caused his success.








