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This infographic is a tad on the minimal, flat and binary to real life, but the points it makes about mine the network, react in real time, grow the network, create content, campaign on the content, respond in real time and then grow the network more is right on.
The reason the infographic is a tad binary is because it doesn't show the false starts, a need for vicious prioritization or the gambling with data, intuition, money and GUT that this kind of Internet marketing requires but then how do you put that in an infographic (lol).