Participation Premium – The Golden Rule of Social Media

Robert Scoble, Shell Israel, Michael Arrington – figure heads in “social media” – have recently been referring to a premise that is just as important for businesses online as is it for individuals:  the more you participate the more successful you’ll become.

Sound familiar?  Give and you shall receive!  Listen and you shall learn.  We have two ears and one mouth so we can listen twice as much.  Do unto others as you would have them read and comment on your blog or website…

You’re a business who is jumping in online.  “What do I do?” you ask.  The most important first step, along with defining your goals and online identity, is to listen twice as much as you ‘participate’ and participate 10x’s more than you are now.

Find out the top 10, 50 or 100 bloggers in your field.  Read them consistently and multiple times a week, if not daily.  Read the sports section less or stay up 10 minutes longer and read what people are saying in and around your industry and business.  Visit websites associated with your products or service.  Read reviews first, read them again, think about it, absorb it…and then respond.  Read comments, watch videos, listen to podcasts.  Become an expert in what people are talking about in your field, and than start communicating, posting and interacting.

The more you get involved – the more you participate in responding, posting, interacting, and being a part of the dialogue online – the more it will pay dividends in terms of creating connection, loyalty, understanding and a swell of presence that was never there before