My friend Jay Baer received a new leather backpack for Christmas. He discovered the bag because of a recommendation made by a mutual friend of ours, Rohit Bhargava. This recommendation was posted in a private Facebook group for frequent travelers. Both Jay and Rohit are members of this group.
He had never even heard of the brand (Piquadro) before Rohit mentioned it. But Jay knew he wanted it and sent the link to his wife, who bought it as a gift. Piquadro has no idea that the sale was primarily generated by a post in a private community of frequent travelers. That community receives no credit, nor does Facebook. To Piquadro, it will simply look like a direct referral.
Listen to Jay tell the story himself in the video below (or read his article, “Why Social Media Will Never Get the Credit it Deserves”).