Archive for the ‘Small Businesses’ Category

8 Mandates for Social Media Marketing Success—#2: Plan Carefully

By Kent Huffman, Author of 8 Mandates for Social Media Marketing Success

Too many marketers jump right in and start using various social media tools and technologies—such as Twitter, Google+, and blogs—before they’ve even developed a strategic plan or thought about how those activities might impact the rest of their marketing initiatives. Don’t make that mistake! Take a little time to determine how to best integrate social media into your existing marketing strategy and mix. It’ll pay off for you.

Step one in the planning process is to nail down specific social media objectives, based on the listening activities detailed in Mandate #1. Now that you know what your constituents care about and are discussing on social media, how does that impact the messages you need to communicate to them? Step two is to integrate your social media strategy into your overall marketing strategy to ensure your resources can be leveraged most efficiently and effectively and that common goals can be more easily reached.

If you work for a large enterprise, you have two significant advantages over a small business when it comes to planning and budgeting for a social media marketing program. First, your company’s DNA most likely has a built-in “think strategically” strand, and second, it also probably has a fairly large wallet. If, however, you work for or own a small business, you have an advantage as well. You most likely can make strategic decisions and launch new marketing programs fairly quickly. That can be a huge benefit in the fast-paced social media world.

Finally, be sure you’re prepared to monitor and measure your impact and progress. Establishing benchmarks and other metrics that can be tracked over time will help you better understand what’s working and what’s not, and thus be able to make whatever adjustments are necessary to ensure the success of your social media marketing activities.

(This is an excerpt from Kent’s new book, 8 Mandates for Social Media Marketing Success.)

Next: 8 Mandates for Social Media Marketing Success—#3: Develop Relationships

Social Media: Still a Mystery to Most Small Businesses

By Amy Howell, CEO of Howell Marketing Strategies

Not a day goes by that someone doesn’t ask me about social media for business. LinkedIn, Facebook, and Twitter are all new media tools that can help bolster your Internet or digital “footprint.”

You can read all about how social media is ramping up the conversation by doing a simple Google search. But the more important question small business owners want answered is how to use social media to boost sales and get the phone ringing. I call it “turning on the water faucet.” Social media for businesses should mean one thing: free tools that can strengthen your organization’s SEO (search engine optimization), help get your message out, and engage with customers and prospects.

Now these tools may be free, but the time you must spend executing the work can be extensive. A lot of writers just re-hash what’s already been written, so what I find most helpful is to share what we help clients do in the trenches every day. Below are the main barriers to using social media and why it remains a mystery, followed by how to get started and what to do first.

The barriers for most small businesses using social media are:

  • Time and education: It takes time to read and learn about the ever-changing, growing tools online, and most business owners don’t have extra time to devote to this. I hear it every day, and as a small business owner myself, I certainly understand this constraint. Small businesses have limited resources and must focus on revenue development and all that comes with running a business. Social media can help a small business tremendously, but most owners have not had time to get up to speed.
  • Lack of resources: It takes a dedicated effort to employ social media tools. Most companies can hire help, but many simply don’t have the extra resources to do so.
  • Reluctance to embrace new media: A lot of people are just flat out skeptical of social media. There are legitimate reasons to ignore it, especially if you are in a regulated industry (banking, insurance, finance, etc.), as some governing entities such as the SEC have policies against any use of social media for work. I think that will change soon, as I’m already seeing some large organizations issue new policies on social media use.
  • Generational: Most people would be surprised to know that the average age of a Twitter user is between 40 and 55. Age isn’t an excuse to avoid social tools, but it is often an explanation.

How to get started if you want to add a social media strategy to your marketing toolkit:

  • Read, read, read. There are some excellent blogs (like this one) and other resources online that can tell you all you need to know. There is no “magic wand” that will do this for you. If you really want to jump in, you have to do the reading yourself. You can hire it out of course, but the ideal results spring from the business understanding social media and embracing it, even if it means only monitoring at first. Let’s take the Judy McLellan Team for example (@JudyMacTeam on Twitter). Judy hired my firm to help with a real estate marketing and PR strategy that included the use of social tools. At first, we did some of the tweeting and posting. But now, you can find Judy out selling homes while using her iPad and iPhone to tweet and spread information about her listings.
  • Pick one tool and learn that first. For me, it’s Twitter. Once I understood Twitter, I moved on to learning about some other tools. I think by mastering one tool, small businesses can see results faster. Let’s take Cheffie’s Cafe (@Cheffies on Twitter) as the next example. We helped Cheffie’s Cafe spread the word by using Twitter, along with traditional PR during the previous few months. A good Twitter strategy is key to a successful PR campaign.
  • Look at what your competition is doing. Get online and do a little research to see what your competition is up to in the social space. Let’s take OrthoMemphis, a successful orthopaedic practice in Memphis that adopted social media long before its competition did. We have helped OrthoMemphis (@OrthoMemphis on Twitter) use social media tools to not only market their sub-specialists (knee, hips, and shoulders), but also to launch OrthoStat, its acute care walk-in clinic. Combined with direct mail, PR, and patient communications, Twitter and Facebook have been tremendously helpful.
  • Get a social media policy in place and communicate it to your organization. There are some great examples online and free resources available. I suggest any small business that wants to use social media tools have a policy in place just like a media policy. Talking online is like talking in the newspaper, and it’s important to have a strategy and know the dos and don’ts of posting online. Good examples are Coca-Cola, Kodak, and Intel. (A list of these can be found on my blog.)

The smaller the organization (or flatter), the easier it is to employ social media. Even though they may have more resources, larger companies are often more bureaucratic and have more red tape. Larger companies are also usually slower to “get it,” and we have found that companies without all the red tape can move faster and are often more decisive. Social media gives the little guys a leg up and is a great way to have a big voice online.

Wow, What a Story!

By Adam Karwoski, Founder of Social Brand U

Isn’t social media cool? Since I graduated college in 1992, I’ve been involved with two of the biggest fundamental shifts in communications in our history: mobile phones and social media. I started selling cellular phones in 1994 for BellSouth Mobility and just left that industry last summer. I started dabbling in social media since that time, and I’ve uncovered a new-found passion. Long story short, six months later, I’ve started my own social media consulting company. (I think that’s kind of cool, too. Owning your own business is part of the American dream, right?)

I began to put pen to paper to find out what really jazzed me about social media. What’s the catch? In my last blog post, I talked about a friend of mine who in 2009 asked me if I was on Facebook, and I said, “No, I’m not 16 years old.” Little does he know that I remember that comment to this day.

Here are the reasons why I think social media is cool and why people love it, companies love it, and our culture loves it:

  • I love technology, and I think we all do. Social media is a new kind of technology. In a lot of ways, it’s a lot like cellular technology back in the day. You couldn’t see the voice transmissions of a cell call, but making a call on a Motorola flip phone was just “cool.” Social media is real-time communication on a speakerphone with the world, where everyone or just a few loved ones can see talk, write, send videos, share photos, write articles, find jobs, get advice, or listen to what their favorite movie star or football player has to say. Technology is awesome, and social media has taken it to a new level.
  • Our entire existence is based on relationships. No matter where we are or what we’re doing, chances are we’re communicating constantly and building relationships. A hundred years ago, it was around a campfire in the wilderness. Fifty years ago, it was in a mother’s home over tea and Tupperware. Today, it’s online and on our smartphones almost every hour of every day. There are plenty of downsides to social media, but that’s for someone else to write about. I love people, I love building relationships with people, and I love to learn from other people. Social media allows me to do all three all the time—and that’s cool.
  • The best parts of social media are the stories; e.g., your story. Everyone has a story to tell. And I would argue that almost everyone has a compelling story to tell. If the volume of books, articles, and blogs are any indication of how many of us have a story to tell, then it makes complete sense to me why social media has exploded in recent years and will continue to evolve, expand, and become even more popular. Small business owners are learning that social media allows them to listen to their customers’ “stories” while allowing them to share their own. That conversation is taking place every day on social media.
  • Stories draw people in. There’s power in telling stories. Look no further than Hollywood (Mark Zuckerberg has a cool story to tell). And social media success stories are everywhere, especially in business. Many small businesses understand social media and use it quite effectively because they haven’t forgotten how to tell their stories, which helps build relationships with their customers. But it requires you to be transparent and genuine. That builds trust. Trust with your customers builds your business. And whether it’s an idea, a product, or a vision, people buy from who they know, like, and trust.

Technology, relationships, and stories. Those are the reasons why social media has exploded. What’s your story? Whatever it is, share it and start a conversation. You will build relationships with others that will inspire, teach, encourage, and “wow” you.

Five Tips to Leverage Your Social Media Strategy

By Jeffrey Hayzlett, author of The Mirror Test: Is Your Business Really Breathing?

Traditionally, ROI means “return on investment.” And that’s a very important component to consider in any marketing strategy. However, it can be difficult to track when it comes to zeroes. In the absence of hard numbers, ROI becomes something I call, “return on ignoring.” It’s especially relevant in your social media strategy.

Social media is happening with or without you, so what’s the worst that can happen? Most likely nothing, but consider that via Twitter and Facebook, the worldwide impact of the death of Osama bin Laden was readily apparent. The leading social analytics company, PeopleBrowsr, demonstrated these results in a recent blog post. There were more than three million mentions in the U.S. and hundreds of thousands of mentions in countries like Brazil, Venezuela, and Canada in the 48 hours after the news hit.

Another great example: during the Super Bowl, folks were tweeting and commenting on the commercials. The reach and impact of companies advertising during that event was just as important and viable via social media as it was through traditional commercials during the game.

Five tips to leverage your social media strategy:

  • Overcome the challenges and capitalize on opportunity
  • Set a policy for engagement
  • Decide who speaks for your company and make sure they speak with one voice that represents your organization and brand
  • Get out there—establish and protect your brand
  • Quality over quantity—your message must have value and impact

Even if you’re a small company with a limited budget, you can still achieve big impact. If your message is relevant and genuine, and you listen to your customers, they will often sell your product or service for you.

Social Media Marketing on a Shoestring

By Kent Huffman, Chief Marketing Officer at BearCom Wireless and Co-Publisher of Social Media Marketing Magazine

If you’re a small business owner or manager—or even a corporate marketing executive with a very limited budget—and you’ve been wondering how you could leverage social media to help grow your business, you’re definitely not alone. Almost every marketer I know is having to deal with limited financial resources in 2011, primarily because of the challenging economic times we’re facing right now. So what do you do?

No Money? No Matter!

In most cases, success in social media marketing doesn’t necessarily require a large financial investment. But depending on your level of involvement, it may demand a significant commitment of time. Jessie Paul, author of the book, No Money Marketing: From Upstart to Big Brand on a Frugal Budget, says, “Unlike media such as TV, radio, print, or even Google Adwords, which are capital intensive (i.e., the more money you have, the more successful you are likely to be), social media in its current form is labor intensive.” But because of the magnitude of the potential opportunities presented by social media marketing, that investment is often a wise one. Jessie goes on to say, “Social media gives marketers a chance to be in direct contact with customers. That is very hard to get in any other media and is worth quite a bit of experimentation to achieve.”

I’ve been active on various social media sites (including Twitter, Facebook, and LinkedIn) since early 2009 and have been amazed at the benefits and opportunities that activity has brought to me and my company in a relatively short period of time. As Jessie suggested, I didn’t have to invest very much of my marketing budget to reach my social media marketing goals, but I did spend a lot of time developing strategy, content, and most importantly, relationships. I have to say it has been worth every minute.

Key Social Media Channels and Sites

If you’re just starting down the social media marketing path, an important first step toward making the most of the online social scene for your business is to select the right channels and tools to use. Robbin Block, author of the book, Social Persuasion: Making Sense of Social Media for Small Business, says, “Knowing your own abilities and the impression you’re trying to make can play a big part in the types of sites you choose. There’s a big difference between creating original content and simply participating. For example, posting a response or voting is much different than writing an article. If you’re a creator—that is, you have the time, talent, or inclination to create original material—then content sites are a good choice.”

“Whether you choose to be a creator, a participant, or a blend of both depends on your strategy,” adds Robbin. “Certain types of small businesses are a natural fit with particular social media categories. For example, a speaker might post a video on YouTube, list events in online calendars (like Yahoo! Upcoming), and upload presentations to SlideShare. If you’re short on budget but long on talent, that may help you decide. Writers may choose blogs, videographers may choose content sites, social animals may choose networks, and subject experts may choose Q&As.”

Reaping the Benefits of Conversations

Once you’ve selected the right social media channels and sites for your individual situation, you’re ready to join the discussion, build relationships, and ultimately reap the benefits.

Recently, Network Solutions and the University of Maryland (UM) conducted a compelling study about the use of social media in small businesses. “Social media levels the playing field for small businesses by helping them deliver customer service,” says Janet Wagner, Director of the Center for Excellence at UM’s Robert H. Smith School of Business. “Time spent on Twitter, Facebook, and blogs is an investment in making it easier for small businesses to compete.” Connie Steele, Director at Network Solutions, added, “Tough market conditions mandate small businesses to think and act creatively to sustain themselves. Social media can be the best friend for small business owners who constantly seek new ways to maximize productivity while keeping costs low.”

And those same challenges apply to most every marketer, no matter how small or large his or her organization may be. Eric Fletcher is the Chief Marketing Officer at McGlinchey Stafford (a commercial law firm based in New Orleans) and is one of the most popular CMOs on Twitter. He frequently writes about social media marketing-related issues. Eric says, “The ultimate goal of any social media marketing effort should be to enhance the brand and move forward on a continuum that leads to a new or deeper relationship with the target. Nothing accelerates the establishment and deepening of relationships like the give-and-take of conversations on social media.”

Eric is also acutely aware of the budgetary challenges marketers are facing today. “In an environment where marketing budgets are frozen (if not shrinking), a robust social media strategy is based more on the investment of time than dollars,” he notes. “We have always understood two things: the value of word-of-mouth marketing and the need to ‘fish where the fish swim.’ In social media, those two essentials come together—giving any enterprise, regardless of budget, a way to have a daily conversation with a world of prospective customers.”