[MUSIC] Now, that we've discussed all three social strategies, you might be asking the question which strategy is best for my organization? My answer might surprise you. That is because they all are! Each bring to you organization varying level of engagement, and relationship building with your target market. And each has a different level of investment. Therefore, you need to think about the value of your market, the amount you can afford to invest in them, and the nature of the relationship you want to develop, to determine which strategy is best to use. High value markets are your most important asset, to the success of your enterprise. As a result, I like to focus on the two embraced social strategies. If the market has the size and potential, I recommend using Social IMC. It take highest valued markets off the broad social networking sites, and allows you to build a one-to-one database driven long term relationship with those prospects and customers. It is your most high impact strategy, and its ability to watch each individual, makes it a great way to serve the community, and be ready for them when they are ready to purchase. Another possibility for your high value markets is nurture marketing. If they are easy to target as they move through the product purchase life cycle, nurture marketing gives you the tractability of social IMC with lower costs. In more of a sales focus. It too, is appropriate, if you could detect when a high value market is moving towards a purchase, even if these are lower value markets the efficiency and effectiveness of nurture marketing, makes it an easy way to build relationships. Even though they are unsocial, you can build a real-time relationship with them as they move towards a purchase. And your competition will never know. Finally, for lower value markets, engagement marketing is great. It allows you to keep them engaged with you, and makes you a strong contender when they are ready to buy. While it is an anonymous relationship. You can direct them to your website or stores, when they are ready to make a purchase. It keeps you connected without the expense of the other social strategies. Now, there are exceptions to these rules. If you have a commodity product like soap, or other products which everyone needs, you probably don't need to develop a database driven one-to-one relationship. In other words, you don't really need to know people by their name. For these types of markets the engagement marketing social strategy works great. Another exception is if you sell products with an extremely short decision process. If it is a product where people can quickly make a purchase decision, Nurture and Social IMC take too long to be effective. Use engagement marketing for these impulse purchases. Also, if your product has an extremely low purchase price during the Nurture or Social IMC strategies which cost more, will not likely pay back at a reasonable amount of time. You should use engagement marketing which is the cheapest to develop. Finally, if your product needs no personal relationship, then engagement will likely be your best strategy. This final slide is a comprehensive comparison of the three strategies developed in this program. The key to success. It's to determine the type of relationship you want to have with each of your target markets, and then, select the most appropriate strategy. As we discussed, if you want to have a one-to-one, bottom-line measurable strategy, Nurture and Social IMC are the strategies to use. Use these more sophisticated strategies selectively. To ensure you can remain profitable, as you develop each one. Start with your highest value market, and then, build out your strategies for each successive market. You don't have to do them all at once. Start with the greatest opportunity for growth, and then, add new ones as each one becomes profitable to your organization. The goal is to succeed, not just create a social strategy. Like all marketing strategies, your social programs need to give you growth in market share, and profits for each dollar you invest. Now, that you have seen all three strategies, lets move on to MOOC five. To discuss how to develop the metrics, business justification, and privacy and security measures you need to succeed in today's digital marketplace. [MUSIC]