Using Social Media In Your Business Plan, Launch, Build Business Workshop® #502
About today Avoiding 1st impression mistakes 4 Ways to get more value from digital marketing
Tim Berry’s 3-Marketing Truths Great marketing beats great products Real people beat real money Consistency beats brilliance
Social Media Without the Hype Don’t trust anyone who says they’ll reveal the “secrets of social media” There are no secrets. Take away all of the names and social media is basically 3 major activities Listening Connecting Publishing
Social Media- 12/31/2010 What has it been? Social media have been the vehicles used to connect people via the internet. The focus has been marketing and sharing stories? The top 5 most important social-media platforms: 1) YouTube- 23.6% 2) LinkedIn- 27.6% 3) Blogs- 34.8% 4) Twitter- 40.0% 5) Face Book- 49.1% Source: Summus, Ltd. & SmartBriefs
Focus on the Big 5 The focus of most firms is on the five major platforms There is a lower awareness of other sites including platforms such as Flickr with large numbers of users Companies might be missing out on more niche groups that might fit their product/service lines
How Long Does It Take. . .? At the 2-year mark, 25% of companies begin to confidently and purposefully use social-media for specific business objectives 50% have well developed strategies and utilize multiple platforms
Primary vs. Real Uses Despite the primary goals of increasing brand awareness and building communities for customers and fans, the majority of companies survey use social media to broadcast information instead of creating two-way conversations
Who Is Leading the Charge? Communications and PR agencies recognized the potential earlier than most Advertising and PR firms have realized the potential of identifying and reaching audiences compared to other industries Communications and PR firms are not the chosen source of advice or consultation by customers The majority of firms are using internal resources for developing and implementing social media strategies
6 Biggest Obstacles Hindering Social Media for Business
Social-Media & Networking. . .Getting the Right Mind & Skill Sets
More & Better Connections A skilled networker thinks about what they can do to network more effectively When using social media, it is important to be thinking the right way: Listening Looking for opportunity Asking for feed-back and referrals Using incentives
Elements to Include in the Mind Set The law of reciprocity “givers gain” Diversity in networking Your relationship based checking account Activate the VCP process Sharpshoot, don’t shotgun Hold one-on-ones
Comparing Traditional & Social Media Networking #1 Traditional Networking Givers Gain- Avoid- I did this for you, how what are you doing for me? Social Media Networking Social networking is about being able to engage, listen and learn about what your clients are saying and what they want.
Comparing Traditional & Social Media Networking #2 Diversify Your Networks Traditional Networking
Look for groups that don’t target people just like you
Broaden your network of potential referrals and clients
Social Media Networking
Look for online groups where what you have to offer might be of value
If you don’t know anyone and no one knows you, it may not be a bad place to be
Comparing Traditional & Social Media Networking #3 Farming Mentality- It takes a while Traditional Networking It’s a long drawn out process to go from seeding a field to harvest. Relationships take time. You have to make the investment to yield results. It’s a matter of trust. Social Media Networking Social media creates a real time demand for your business. The process is still about relationships but it is quicker on the net. There is not a lot of time for waiting on hold or delay in getting a response.
Comparing Traditional & Social Media Networking #4 Activate Your VCP Process Visibility, Credibility & Profitability Traditional Networking
Comparing Traditional & Social Media Networking #6 Hold “One-on-Ones” Traditional Networking
Personally, speak with clients or respond in person.
Share something in each category you discuss with your referral source.
Social Media Networking
Periodically, contact a major referral or client (personally) and do a “GAINS” exchange.
GAINS- talking about individual goals, objectives, interests, networks and successes.
Look for areas where you have things in common.
Avoiding First-Impression Mistakes
Google & Learn Much like an interview for a job, developing a meaningful relationship between your company and another relies on 6-basic elements. Find out information about the company Find out about the company’s leadership – national or local Get the latest news or analysis of the firm Find someone who had done business with the firm and talk with them Know your top objective Know the information – but don’t show off
Do the Basics- It’s more about them than about you. Know the Company Look at the company website, how does it feel, what are their products/services? What do they do that could make you important to them? Who are the Company’s Leaders? Find an image, read a little about them. Do you know anyone who knows them?
Do the Basics- It’s more about them than about you. What’s the latest news? Are they in the media and for what? Who is connected in the company that you might know? Where did they go to school and when? What is their home town? Know anyone there? What do you wish to accomplish with the firm? To quote someone famous. . .Begin with the end in mind
Do the Basics- It’s more about them than about you. Be careful how you use the information you have gathered. Be armed with the information so that you can answer or direct the conversation.
The Top 3 Considerations Does it showcase the company’s advantage? What the company knows? What it can design. Durable products? Friendly service?
Does the website effectively communicate these capabilities?
The Top 3 Considerations Is Your Site User Friendly Is the navigation intuitive? Does the format look neat and clean? Is it easy to read? Does it provide important information in a concise manner? Is it appealing? Does it make the visitor want to browse around to learn more about your company?
The Top 3 Considerations 3. Is Your Website Personal? Does the website express how the company can fill the client’s needs? Is it apparent how to contact your company and whom to speak? Does it evoke an emotional response? Does it make you want to get to know the company personally?
Using your website to drive traffic Having a strong, online presence and strategy is critical to being competitive What are the ingredients? Start with a strong, professional website you can manage on your own. Then use the following 6-step process
Frequently Asked Questions. . . Your Website’s Workhorse
FAQ- The unsung heroes of your website Done right, the FAQ page helps to build trust, educate and further relationships 6- Guidelines for their development: Write answers, not descriptions Don’t be afraid to answer tough questions Avoid “Franken-speak” Register your copyrights Solve, don’t shill Treat your FAQ page as a doorway
Email marketing Email marketing is the most cost-effective ways to communicate with customers. Ecommerce business owners can use email marketing for: Building brand loyalty To acquire/convert customers Communicating promotional offers
Email marketing Why you should use email: It require very little effort and cost to get started. You don’t have to write that often. There are hordes of people that want to hear from you. It is a good way to do what you should be doing anyway – sharing your story! Opt-in’s want to be on your list
Why use online surveys Surveys are great ways to show your customers that you value them. They enable you to stay connected and provide insight into how to run your business better. Here are 5 tips for creating better online surveys
5-tips for better online surveys Fuzzy goals lead to fuzzy results. Start by asking yourself: What do you want to accomplish? What decisions or actions will I take as a result of the survey? You will have a more successful survey if you take some time to identify your goals. Be clear about the purpose of your survey.
5-tips for better online surveys Make sure to keep your survey focused on a single objective. If it’s just a “nice to have” question, toss it. Tell respondents, up front, how much time it will take. 2. Keep the survey short and focused
5-tips for better online surveys Its easy to influence a question’s outcome, so take particular care to stay neutral when wording the question. Many online survey tools have sample question to help avoid this error. 3. Keep your questions unbiased
5-tips for better online surveys Open-ended questions are difficult to collate, analyze and react to. Closed-ended questions take the form of yes and no, are multiple choice or use a rating scale. Use open-ended questions as a supplement to provide color to your conclusions. 4. Use open-ended questions sparingly
5-tips for better online surveys After analyzing your survey, share the results with your customers by sending them a summary e-mail or by posting the results on your website. This helps close the loop and shows your customers that you truly value their feedback and keeps the communication links open. 5. Share the results with your customers