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Social Media for Accountants
       Social Media for Business




                                Helen Cousins

                                       for


           Wexford Chartered Accountants
             Business Networking Group

                               www.xbs.ie
28.06.11    © Copyright Helen Cousins, Xcel Business Solutions 2011
Social Media




28.06.11
                          www.xbs.ie   3
Wexford *BNG – Topics of Interest

                     Social Media Usage (Chartered Accountants BNG, Wexford)


           120.0%


           100.0%


            80.0%


            60.0%


            40.0%


            20.0%


            0.0%
                    Twitter for business   Facebook for business      LinkedIn for   Blogging as a business
                                                                     professionals            tool




           * BNG = Business Networking Group

28.06.11
                                                                                           www.xbs.ie         4
Social Business?

       Online platforms that allow people and
       businesses to interact with each other and
       build relationships
           (B2B and B2C as well as social relationships)
       Also known as Web 2.0
       Social Media gives rise to conversation
       marketing
       It takes time (rather than cash) to use this
       medium to promote yourself or your business

28.06.11
                                                  www.xbs.ie   5
Social Business?
      It’s social, not sales
      Quality not quantity
      Build your brand, value, loyalty, reputation
      Content – valuable to followers /customers
           It’s not about you
      Discounts, competitions, giveaways?
           If “they” come for yours, they’ll leave for
           someone else’s
28.06.11
                                              www.xbs.ie   6
What’s being said about your
                    business?
                Have you Googled your name/business name?




28.06.11
                                                     www.xbs.ie   7
Online reputation – “drunkgate”




                      Source: Primary Position blog

28.06.11
                                 www.xbs.ie     8
If you have Social Media accounts…

      You should
           monitor
           reply
           moderate comments
           post updates
           engage & network



28.06.11
                               www.xbs.ie   9
If you have Social Media accounts…




      The true cost is time
      These platforms belong to others
      Understand basics before you engage




28.06.11
                                         www.xbs.ie   10
Not ”doing” social media?

      You can’t control what people say
      You can control your response
      Social Media Policy
           Who
           What
           When
           Where

28.06.11
                                      www.xbs.ie   11
LinkedIn




28.06.11
                      www.xbs.ie   12
What is LinkedIn?


       An online forum to connect (link in) with your
       business contacts
       It’s a bit lit a “live” business card holder
       integrated with a CV! - plus
       You can connect, post updates, send
       messages, answer questions, join groups,
       make and receive recommendations…

28.06.11
                                              www.xbs.ie   13
Why use LinkedIn?
           Most people aren’t looking for a job
           Build career network
           Find
             jobs / contracts / work / opportunities
             staff
             associates
             advisors / mentors
             investors
28.06.11
                                        www.xbs.ie     14
Complete Your Profile




Users with complete profiles are 40 times more likely to receive opportunities
through LinkedIn.

28.06.11
                                                            www.xbs.ie           15
LinkedIn Active Networking

           Search for people you know
             Send connection requests
           Join groups
             comment on group discussions
             start a discussion
           Comment / share / “like” other updates
           Post an update
28.06.11
                                        www.xbs.ie   16
Groups




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                    www.xbs.ie   17
Comment in groups




28.06.11
                           www.xbs.ie   18
Share




Like
Comment
Share


 28.06.11
            www.xbs.ie   19
Profile & Recommendations




28.06.11
                                www.xbs.ie   20
Seek Recommendations
           How?
             Ask! Personal choice
              • Once agreed – send request via LinkedIn

           Question:
              • How to encourage clients, who don’t use social
               media to leave references. Getting over any
               fears they may have about confidentiality (e.g.
               when talking about debt restructuring)
             Level of detail – at client discretion
28.06.11
                                               www.xbs.ie    21
Answer Questions




28.06.11
                              www.xbs.ie   22
Answer questions in your niche




28.06.11
                             www.xbs.ie   23
LinkedIn - how to…?

      LinkedIn Learning Centre
      LinkedIn Help
      Google your question
           Blogs
           Podcasts
      YouTube videos


28.06.11
                                 www.xbs.ie   24
LinkedIn Learning Center




28.06.11
                                www.xbs.ie   25
Edit Privacy Settings




28.06.11
                               www.xbs.ie   26
Edit Privacy Settings




28.06.11
                               www.xbs.ie   27
LinkedIn Benefits


       Question: Has anyone achieved a
       business benefit from their presence on
       LinkedIn?
           Yes!
       Employers / clients routinely check
       LinkedIn

28.06.11
                                      www.xbs.ie   28
Raising Equity via LinkedIn




28.06.11
                                 www.xbs.ie   29
What is twitter?


       You follow people…
       People follow you…
       You only see tweets from your followers
       Pick interesting people to follow
           You can unfollow at any time
           You can block “spammers”

28.06.11
                                                 30
What is twitter?


       Make connections
       Up to date:
           Industry & business news
       Network
       Build niche authority & reputation
       Soft sell

28.06.11
                                            31
What twitter is not…

               twitter is
                 NOT
               a billboard
             for advertising
             your business



28.06.11
                                  32
What is Facebook?
Facebook is a social networking website that
  allows people to:
      stay in touch with friends and family,
      “like” celebrities, politicians and businesses, by
      choice
      Post comments, views and reviews
      Organise and share “events”
      View and exchange photos
      It takes time (rather than cash) to use this
28.06.11
                                            www.xbs.ie     33
Status         Update




            Sample
           Facebook post
           and guest
           answers on left
            Ask a question
           sometimes –
           helps to get a
           response
            You can make
           some offers –
           minority of
           posts
28.06.11
           www.xbs.ie    34
Facebook Business Page



  It’s against Facebook T & Cs to use a
  personal profile for a business
      Facebook can delete a profile if it is used for business
           • How do you know if it’s a profile?
              – If you are sending “friend” requests
      Have a personal profile first & set up page from there



28.06.11
                                                       www.xbs.ie   35
Blogging
     Weblog
     Articles can be on anything - niche
           Food
           Business
           Fashion …
     Interaction via comments
           Tweets, Shares (Facebook, LinkedIn
           RSS feed ('Really Simple Syndication’)
28.06.11
                                             www.xbs.ie   36
Not ”doing” social media?

      You can’t control what people say
      You can control your response
      Social Media Policy
           Who
           What
           When
           Where

28.06.11
                                      www.xbs.ie   37
Employers Beware!




Read: McCarty & Co Solicitors - Blog
28.06.11
                              www.xbs.ie   38
Employers Beware!




28.06.11
                           www.xbs.ie   39
The end


           Thank You




28.06.11
                       www.xbs.ie   40

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Social Media for Accountants

  • 1. Social Media for Accountants Social Media for Business Helen Cousins for Wexford Chartered Accountants Business Networking Group www.xbs.ie 28.06.11 © Copyright Helen Cousins, Xcel Business Solutions 2011
  • 2. Social Media 28.06.11 www.xbs.ie 3
  • 3. Wexford *BNG – Topics of Interest Social Media Usage (Chartered Accountants BNG, Wexford) 120.0% 100.0% 80.0% 60.0% 40.0% 20.0% 0.0% Twitter for business Facebook for business LinkedIn for Blogging as a business professionals tool * BNG = Business Networking Group 28.06.11 www.xbs.ie 4
  • 4. Social Business? Online platforms that allow people and businesses to interact with each other and build relationships (B2B and B2C as well as social relationships) Also known as Web 2.0 Social Media gives rise to conversation marketing It takes time (rather than cash) to use this medium to promote yourself or your business 28.06.11 www.xbs.ie 5
  • 5. Social Business? It’s social, not sales Quality not quantity Build your brand, value, loyalty, reputation Content – valuable to followers /customers It’s not about you Discounts, competitions, giveaways? If “they” come for yours, they’ll leave for someone else’s 28.06.11 www.xbs.ie 6
  • 6. What’s being said about your business? Have you Googled your name/business name? 28.06.11 www.xbs.ie 7
  • 7. Online reputation – “drunkgate” Source: Primary Position blog 28.06.11 www.xbs.ie 8
  • 8. If you have Social Media accounts… You should monitor reply moderate comments post updates engage & network 28.06.11 www.xbs.ie 9
  • 9. If you have Social Media accounts… The true cost is time These platforms belong to others Understand basics before you engage 28.06.11 www.xbs.ie 10
  • 10. Not ”doing” social media? You can’t control what people say You can control your response Social Media Policy Who What When Where 28.06.11 www.xbs.ie 11
  • 11. LinkedIn 28.06.11 www.xbs.ie 12
  • 12. What is LinkedIn? An online forum to connect (link in) with your business contacts It’s a bit lit a “live” business card holder integrated with a CV! - plus You can connect, post updates, send messages, answer questions, join groups, make and receive recommendations… 28.06.11 www.xbs.ie 13
  • 13. Why use LinkedIn? Most people aren’t looking for a job Build career network Find jobs / contracts / work / opportunities staff associates advisors / mentors investors 28.06.11 www.xbs.ie 14
  • 14. Complete Your Profile Users with complete profiles are 40 times more likely to receive opportunities through LinkedIn. 28.06.11 www.xbs.ie 15
  • 15. LinkedIn Active Networking Search for people you know Send connection requests Join groups comment on group discussions start a discussion Comment / share / “like” other updates Post an update 28.06.11 www.xbs.ie 16
  • 16. Groups 28.06.11 www.xbs.ie 17
  • 17. Comment in groups 28.06.11 www.xbs.ie 18
  • 20. Seek Recommendations How? Ask! Personal choice • Once agreed – send request via LinkedIn Question: • How to encourage clients, who don’t use social media to leave references. Getting over any fears they may have about confidentiality (e.g. when talking about debt restructuring) Level of detail – at client discretion 28.06.11 www.xbs.ie 21
  • 21. Answer Questions 28.06.11 www.xbs.ie 22
  • 22. Answer questions in your niche 28.06.11 www.xbs.ie 23
  • 23. LinkedIn - how to…? LinkedIn Learning Centre LinkedIn Help Google your question Blogs Podcasts YouTube videos 28.06.11 www.xbs.ie 24
  • 27. LinkedIn Benefits Question: Has anyone achieved a business benefit from their presence on LinkedIn? Yes! Employers / clients routinely check LinkedIn 28.06.11 www.xbs.ie 28
  • 28. Raising Equity via LinkedIn 28.06.11 www.xbs.ie 29
  • 29. What is twitter? You follow people… People follow you… You only see tweets from your followers Pick interesting people to follow You can unfollow at any time You can block “spammers” 28.06.11 30
  • 30. What is twitter? Make connections Up to date: Industry & business news Network Build niche authority & reputation Soft sell 28.06.11 31
  • 31. What twitter is not… twitter is NOT a billboard for advertising your business 28.06.11 32
  • 32. What is Facebook? Facebook is a social networking website that allows people to: stay in touch with friends and family, “like” celebrities, politicians and businesses, by choice Post comments, views and reviews Organise and share “events” View and exchange photos It takes time (rather than cash) to use this 28.06.11 www.xbs.ie 33
  • 33. Status Update Sample Facebook post and guest answers on left Ask a question sometimes – helps to get a response You can make some offers – minority of posts 28.06.11 www.xbs.ie 34
  • 34. Facebook Business Page It’s against Facebook T & Cs to use a personal profile for a business Facebook can delete a profile if it is used for business • How do you know if it’s a profile? – If you are sending “friend” requests Have a personal profile first & set up page from there 28.06.11 www.xbs.ie 35
  • 35. Blogging Weblog Articles can be on anything - niche Food Business Fashion … Interaction via comments Tweets, Shares (Facebook, LinkedIn RSS feed ('Really Simple Syndication’) 28.06.11 www.xbs.ie 36
  • 36. Not ”doing” social media? You can’t control what people say You can control your response Social Media Policy Who What When Where 28.06.11 www.xbs.ie 37
  • 37. Employers Beware! Read: McCarty & Co Solicitors - Blog 28.06.11 www.xbs.ie 38
  • 38. Employers Beware! 28.06.11 www.xbs.ie 39
  • 39. The end Thank You 28.06.11 www.xbs.ie 40