Social Media for International TradeThe 24th Annual NASBITE International Conference Monday, April 4 2:15 p.m.-3:30 p.m. III-D Laurens Room Lehrer/Madden
Introduction Social media technologies are changing the way international business is done. All practitioners and trainers in international trade must be aware of social media outlets and know how to effectively leverage them to add value to their daily activities. This seminar will provide an overview of social media technologies useful in international trade.You will learn how to use these important and popular tools for both business and education. For the optimal experience, view the Prezi. http://prezi.com/avhpklcqr3u7/the-24th-annual-nasbite- international-conference-social-media-for-international-trade/
Social Media Quiz1. America Online 17. Blogger 33. Brightkite2. Apple 18. Facebook 34. Mobile Me3. Bebo 19. FriendFeed 35. My Space4. Deviant Art 20. Design Bump 36. Netvibes5. Drupal 21. Flickr 37. Gamespot6. Dopplr 22. Last FM 38. Feedburner7. Email 23. LinkedIn 39. YouTube8. Ember 24. Mixx 40. Pandora9. Designfloat 25. Designmoo 41. Evernote10. Picassa 26. Skype 42. Vimeo11. Foursquare 27. StumbleUpon 43. Windows Live12. Posterous 28. Technorati 44. Yahoo13. Digg 29. Tumblr 45. WordPress14. Reddit 30. Twitter 46. Yelp15. Google Talk 31. Viddler 47. Newsvine16. Share This 32. Yahoo! Buzz 48. Delicious
Social Media A conversation via on-line tools Creates a community for sharing information and staying connected Allows for collaboration; interactive Established relationships, builds trust, and replaces traditional marketing (from monologue to dialogue) Encourages Honesty
Elements Allows consumer comments to be heard! Forums and Online Communities Blogging and Micro-blogging Social Networking Multimedia Sharing (Pictures, Music, Video) Social Bookmarks Online Reviews (Diggs, Likes) Really Simple Syndication (RSS) Podcasting – audio and video Wikis
Must Haves Compelling Content Creates Value Measurable and Meaningful Testing (A/B and Multivariate)
Benefits Tool to Connect Leverage Relationships and Networks Open Feedback; Share Information (and Challenges) Metrics are Influence and Engagement Consumers Feel Ownership of Brand Consumers “Like” and Recommend to Friends
Best Practices One Voice (message consistency) Consistent Branding Stay Engaged and Listen to Consumers Dedicated Position (copywriter, web-designer, and social media guru) Establish Corporate Policy Guidelines Integrate with your online marketing and social media strategies into your website (your website is the foundation upon your business; the authority to where customers find information on your products/services)
U.S. DOC GuidelinesReview General Guidelines for use of social media/web2.0 technology in an official capacity Be Courteous and Professional Do not publish personal opinions Post accurate information that is also available on our official government sitesReview the Department’s Guidelines for Secure use of Social Media sites: Don’t use the same passwords for multiple social media accounts Don’t use the same password as your Commerce accounts Even if the site doesn’t require it, use a strong password Monitor your account regularly and only follow links/ downloads from known sources
Cloud ComputingCloud computing is Internet-based computing, whereby sharedresources, software, and information are provided to computersand other devices on demand, like the electricity grid. Users donot need in-house expertise and do not have control over theirtechnology infrastructure. Mobile Economies of Scale Content Security Who Owns It? Where is Your Data Stored?
Example: The Cloud Google Salesforce Microsoft Amazon Zoho Rackspace Amazon Yahoo
U.S. StatisticsEntrepreneurs Employment(includes self employment) • 22% of employers use 78% of small businesses* SN to evaluate potential candidates*** 50%+ total workforce employment* • 9% more plan to useSmall Business SN in the near future*** 52% home based* • 16% potential 99.7% employer firms* employees manage their 97.3% total exports* SN profiles for employers*** 40% high skilled employees* 51% go to social networks (SN) for advice** Source: El Camino College SBDC
How it’s Used in International Trade Service and product marketing Finding business partners Qualifying business partners Market research Training Product support Current news Customer service Communication with partners and customers
Useful for Trade Professionals LinkedIn 37 Signals Twitter One Note GlobalTrade.net Evernote Ustream Wikipedia Google Talk Google Voice Skype Yelp Carbonite
Understanding Tweets 140 word limit per tweet Reply To see user’s screen name and send message Delete Click the trashcan icon next to the tweet RT ReTweet (RT@username+message) OH Overheard (OH+message) Reiterate earlier tweet w/out revealing original author HT Heard Through (HT@username+message) # Hashtag (#NASBITE24) Keywords for searches, like discussing the 24th Annual NASBITE International Conference
Manage Your Web-Profile Displays Your Name, Email, Location, Organization /Company, Title, Social Networks, Tweets, and Brief Bio Benefits: Profiling tool Users can add private notes Creates transparency Able to craft your image & manage your profile http://about.me http://rapportive.com http://www.GlobalTrade.net
Incognito How do you really know anyone in a virtual world? Mailbox services like Earth Class Mail conceal physical addresses Voice services conceal location and re-direct phone numbers (land-line & mobile) Social media based on email address, not the individual Fulfillment services perform warehousing and shipping functions on behalf of the business (so your supplier may never actually touch the goods--good for contract manufacturers and private label) On the surface, you know what the tech savvy want you to know Mitigate your risk. Use tools like Google Street View Read Customer Reviews like on Yelp Follow your industry/community on Twitter and subscribe to tweets on your service providers
Let’s Get Started GlobalTrade.net http://www.GlobalTrade.net NASBITE Website Profile http://www.NasbiteInternational.org NASBITE CGBP Group http://www.LinkedIn.com Business Without Borders http://en-us.dev2.businesswithoutborders.com/registration International Trade – Quora http://www.quora.com/International-Trade?q=finternational+trade
Thank You!BARNEY LEHRER, Vice President, FITA Online179 Fifth Ave, #118, Brooklyn, NY 11217 USAPhone: 718-871-0369 | Fax: 718-928-6784Email: email@example.comWebsite: http://www.fita.orgBRONWEN MADDEN, Deputy Director, El Camino College CITD13430 Hawthorne Blvd., Hawthorne, CA 90250 USAPhone: 310-973-3173 | Fax: 310-973-3132Email: firstname.lastname@example.orgWebsite: http://www.elcaminocitd.org
Handouts The CMO’s Guide to The Social Landscape 15 Free Web-based applications to start your Business by Rhonda Abrams Social Media Action Plan by The Horn Group 10 Tips for Using Twitter to Grow Your Business by the El Camino College SBDC
2nnual d An THE SOCIAL LANDSCAPECMOs will invest more in social media this year than ever before, yet this is a scene that constantly shi s and changes. Here to help you better leverage these major social media sites is CMO.com’s 2nd annual guide to the social landscape—updated and revised for 2011. GOOD! OKAY! BAD! CUSTOMER BRAND TRAFFIC TOWEB SITE COMMUNICATION EXPOSURE YOUR SITE SEO A central and open Using pages as a persona allows For many Web sites, Facebook Google and Bing have both indic- communication portal, Facebook companies to position their has emerged as one of the top ated that they are using "social is the hub through which brands on other relevant pages. traﬃc sources. While the "viral signals" as part of their ranking businesses want to drive social For example, Starbucks page potential" is lower on Facebook algorithms, pointing to FacebookA social-networking site where interaction. Positive or negative, itself can now post on large than others, nothing is more and Twitter, in particular. Whileusers can add friends, send companies can use Facebook to co ee-lovers pages. consistent at driving a steady the links themselves are “no-messages, and build their own get their messages out and to ﬂow of traﬃc to every message follow," the search beneﬁts exist, receive customer feedback. or post. especially in instances whereproﬁles "Query Deserves Freshness." Twitter is the ultimate outbound It isnt what youre saying on The prevalence of noise and As with Facebook, Twitter has messaging tool. Inbound Twitter that exposes your spam have reduced Twitters been singled out as a component customer communications are brand. Its what you can get ability to send direct traﬃc. of Googles and Bings social quick and to the point, allowing others to say about you that However, it is an exceptional component. The links areA microblogging site that for simple monitoring and has the real impact. Getting tool for assisting with traﬃc "nofollow," but the socialenables users to send “tweets,” management of conversations. retweets and interactions can generation from other sites, component is real and expected do more for brand exposure like Digg, StumbleUpon, and to become more prominent overor messages of 140 characters than any other social site. Facebook. time.or less As a PR tool, Flickr gives Flickrs improved search Even if you get tens of Flickr is very much indexed in company-sponsored events rankings and integration with thousands of visits to a photo search engines and passes links a pictoral home that can be other social sites makes it the with your URL hyperlinked and page rank. It is also a major more professional and better high-quality image posting below, the click-through rates part of Googles and Bings socialAn image-and video- hosting organized than on other social service of choice. Bulk images are among the lowest around. search component—photosWeb site where community image- sharing sites (including should go on Facebook. Quality All links are "nofollow." liked by individuals can be seenmembers can share and Facebook). images should go on Flickr. more prevalently in their friends searches.comment on media Not the primary focus, but you LinkedIn is great for personal LinkedIn continues to Very high page rank, almost can potentially engage branding and showing the improve its standing in traﬃc guaranteed to be a ranking on customers by encouraging professional prowess in your generation by encouraging the ﬁrst page of search results, employees to answer organization. Encourage sharing through every new especially for your individualA social-networking site for industry-related questions employees to maintain feature it has rolled out employee names. High SEObusiness professionals people post and become known complete proﬁles to show o during the past year. It isnt as value for vanity search for your as an expert in the ﬁeld. your solid team. consistent as Facebook or as name, but that is about it. viral as Digg, but its getting better. Whether you seek to entertain, Your YouTube branding is YouTube is growing in the Very good for building links inform, or both, video is a second only to Facebook when traﬃc-generation segment, back to your site because the powerful channel for quickly people are researching your particularly through in-video videos rank very well. YouTube responding to customer company. Be certain that the messaging through annotations channels are a tried-and-trueA video-sharing Web site where complaints and showing your messages are frequent and that and URL branding. Clicks on way to send some really good social-media savvy. It is also the they align with what you want content links are still minimal, exposure and SEO back to yourusers can share and upload best venue for reputation as your perceived company but even those numbers have brand.new videos "repair" if things go wrong. persona. seen a recent rise. Customer interaction is Brands have an opportunity to Digg went through a rough Very good in that even if your nonexistent on Digg, but the gain mass exposure on Digg, spot in 2010, but seems poised story doesnt become popular, it intrinsic value of exposure particularly through the most for a rebound in 2011. Even will still get your page indexed that is possible through a Digg interesting stories posted about with the decrease in traﬃc, very quickly. Also, if your storyA social-news site where users front page story can highlight your company. It is a venue for it is still the most consistent does become popular, this iscan discover and share content other sites where customer content discovery—brands that viral-traﬃc generation site that likely the best site in terms communication is strong (such do well on Digg can do well can send tens of thousands of of getting the attention of as your blog). anywhere. visitors to individual posts. bloggers who will link to you. StumbleUpon is not a tool The paid campaign can be good StumbleUpon is the social Very good if your story makes it that is useful for customer for brand awareness, especially media equivalent of a traﬃc to the top page for its tag. Due communications. There is a a er you have attempted Grand Slam—it doesnt happen to StumbleUpons large user random chance of getting getting free, organic traﬃc to o en, but when it does, its base, many people can ﬁnd yourA social-news community a message to your current your home page. You can target huge. Keep discoveries diverse. stories and link to them. Forwhere members discover and customers and the user base is very accurately, but keep in You never know when youll vanity searches, your proﬁle growing, but its still very slim in mind you are paying $.05 per get hundreds of thousands, page ranks well, too.share Web pages comparison to other social sites. visit ($50 CPM). even millions of visitors from StumbleUpon. Only the extremely adept Attempting to build your brand Reddit has emerged in the past If you make the front page, a lot can use Reddit as a customer on Reddit is like trying to sell year as the best social news of sites will pick up your story, communication tool. Any time whale meat to Greenpeace. It traﬃc-generation site on the generating valuable back links. you open your company up to wont happen, and its likely to Internet. Quality and originality Many of these stories are pickedA social-news community the growing masses at Reddit, turn very ugly if you try. are paramount—if your up by reputable sites, givingwhere users post links to the there is a chance it can backﬁre. message isnt viral, Reddit will more trust to your site.site’s home page Occasionally, everything goes not approve. better than expected. The growing segment of Tumblr Tumblrs simple platform Images can get traﬃc. The blogging nature of Tumblr users and the ability to ask and and extreme ability to have Otherwise, there is no real allows for extremely high answer questions makes the site content shared on it make it a traﬃc potential yet. In the potential from a link-building a potential darling for customer viable branding tool. GenY is coming months, it may expand, perspective. The sitesA social-networking site where communications. As the sites migrating to Tumblr to share but currently almost all activity themselves also rank very wellusers can ask and answer exponential growth continues, opinions—if that demographic happens directly on Tumblr in the search engines.questions expect it to rival Twitter as a is important to your business, itself. top-2 communication tool. your Tumblr presence must be strong.
Social Media Action PlanTie Social Media to Your Business Goals Business Drivers GoalsFinancial• Revenue• Expenses• LeadsCustomers• Customer experience/satisfaction• Customer service/support• Building communityBrand• Awareness• Thought leadership• InnovationDesign a Listening Program What to Follow Specific to Your CompanyIndustry trendsKey words and search termsInfluencers to followCompetitorsPick the Tools to Fit Your Goals Tool Purpose and Strategy Rank Priority (from 1-3) Focus on 1 and 2Monitoring Tool Listening and measurementCorporate Blog Thought leadership, depth, engagement, linking & guest postsTwitter Headlines, engage, sales, solve service issues, competitor insightCommunity Customer driven, customer care, sourcing trendsFacebook Social, friendly, recruiting, link to community and blog, videoLinkedIn Engagement, networking, recruitingYouTube Amazing stories, brand awarenessSlideShare Content sharing, thought leadership
Measure in Conjunction with Marketing Goals Goals Social Media Output Tools/Tactics to Measure*Faster, better insight/information Conversation monitoring, customer 100s of listening tools (Buzzient, feedback Radian 6, etc.) Customer community search.twitter.com*Awareness, thought leadership # of people reached Unique site visitors Twitter followers Blog comments*Faster, better sales # of interactions Your CRM system Leads Deals Revenue*Customer support, satisfaction # of issues addressed Your CRM system Twitter*Faster, better development # of ideas implemented Insert Yours Here Insert Yours Here Insert Yours Here*Examples by Altimeter Group
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How dowe market our product in a bad economy wHen we’re being overspent? sHould we keep our internal sales force or work witH independent Grow Your Businessdistributors? tHe client wants His order by 4 p.m. next friday and we can’t get anyone on tHe pHone to confirm sHipment. it’s 4:30, tHe printeris stuck in traffic witH 5,000 catalogs and tHey need to sHip by 5 today. wHy does tHe receptionist always call in sick on fridays and mondaysHow d o we finisH tHe client’s power point presentation and tHe government rfp by tomorrow wHen we’re so sHort staffed? wHo’s going to SBDC TWITTER, the microblogging service that lets you send out messages of 140 characters ServiCe CenTerS: or less, has fast become one of today’s hottest tools for networking and marketing your business. Twitter messages are called “tweets,” forwarding a tweet is “retweeting,” and COLLeGe OF THe CAnYOnS users “follow” each other. If you’re not already on Twitter, it’s time to give it a try. 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Twitter is a good gauge of what people are talking about at any given time. www.smcsbdc.org Use Twitter Search to search your company name or industry keywords and find out what people are saying about you and your competitors. Do instant market research by tweeting an informal poll or survey. SBDC 7. Follow potential clients. Recently, a company I was following tweeted about plans to launch a new Web site. I tweeted to let them know how our company could help, and we LeAD CenTer: ended up landing a new account. LOnG BeACH COMMUniTY 8. Follow the competition. Twitter is an easy way to see what your competitors are doing, COLLeGe DiSTriCT planning, investigating and thinking about. (866) 588-SBDC www.smallbizla.org 9. Get real. Twitter connects you with people online, but don’t let it end there. Solidify the connection in the real world with a “Tweetup”—an offline get-together. Meeting up with Twitter contacts takes your relationships to the next level. 10. Measure results. As with any marketing tool, you need to know what you want to get from Twitter and measure your ROI. It does take a good deal of time, so assess your results periodically to make sure the payoff is worth your investment. By Rieva Lesonsky Rieva Lesonsky is CEO of GrowBiz Media, a content and consulting company that helps entrepreneurs start and grow their businesses. Before launching her business, she was Editorial Director of Entrepreneur Magazine. Follow Rieva on Twitter.com/Rieva and read more of her insights on SmallBizDaily.com. The Lead Center for the Los Angeles Regional SBDC Network is operated by Long Beach Community College District. The Small Business Development Centers are funded by the U.S. Small Business Administration, the California Community Colleges Economic & Workforce Development Program, and center host institutions. Funding is not an endorsement of any product, opinion, or service. All Federal and State funded programs are extended to the public on a nondiscriminatory basis. Special arrangements for individuals with disability will be made if requested in advance.