Why Social Media is a Must for Businesses

Social Media is one of the best ways for businesses to connect and communicate with their target markets. The benefits of Social Media include:

Maximize exposure for minimal cost

When compared to other forms of marketing, participation in Social Media offers a great opportunity to expose your company to the public at a much lower cost than other forms of marketing.

Monitor your brand and image

It is important to be aware of what is being said online about your company. Companies may take immediate action to capitalize on positive feedback and build on the momentum. Likewise, any concerns that are raised can be handled quickly before a problem escalates.

Generate leads

Social Media offers an inexpensive way to attract new customers and promote interest in your company. A network of “friends” can help generate leads by spreading the word about a company’s products or services.

Increase traffic to website

It is easy to direct Social Media users to a company’s website where they can learn more about the business and become engaged in the website.

Engage with customers

The casual environment of Social Media promotes conversation between customers with mutual interests. Also, discussions between representatives and current or prospective customers may easily take place.

SEO & Social Media to Capture ZMOT

We continuously receive questions about the position of SEO within the internet marketing space.  It is true that the waters between SEO and Social media have been merged to some degree, but the result is still relevant results within the search engines.  Also, the mentality of users is still roughly the same: a stimulus-like an email campaign and search for more information.  The recent eBook “Winning the Zero Moment of Truth” (ZMOT) by Jim Lecinski provides further insight into the new mental model. 

Shifting the focus to the mentality of the user has come full circle.  The ability to align SEO and Social Media within your marketing plan will help you attract customers at the ZMOT, but doing so takes a solid strategy and communication from your SEO & Social Media teams.  It’s not enough to implement SEO & Social Media into the plan; what’s more important is that these elements align to attract customers.

Effectiveness of Email Marketing

If you’re looking for an increased return on investment regarding your marketing efforts look no further. When it boils down to it, the most effective marketing channel is still Email Marketing, as indicated in the chart below. The best thing about email marketing is that it gets better as you use it. Once you have the basics, consistent branding, list building, message crafting, and email delivery, you’ll be able to increase the effectiveness. According to a JupiterResearch report, using Web analytics to target email campaigns can produce nine times the revenues and eighteen times the profits of broadcast mailings. With all that being said, implementing sophisticated analytics and tactics such as segmentation, targeting, multichannel integration, A/B testing and social sharing is the best place to start. Nonetheless, it’s almost a no brainer when it comes to using email marketing. Whether you are doing it in-house, just using the basics, or whether you outsource it to an internet marketing agency, for sophisticated analytics and tactics, Email Marketing is an opportunity you can’t pass up.

Social Media: Monitoring, Marketing, Measuring, Testing, for Optimum Result.

A while back I posted a blog with a helpful list for those who were wondering how to find out if their social media was actually helping them or not. Well, I decided to add to the list and here are a few more items to keep an eye on.

1. Brand mentions in online media. So, you have a highly active social network and members are talking about your company, the company’s brands, your service/product names and maybe even your company url. Measure and track both positive, negative, and neutral mentions, and their quantities for all of them. This is also something that can be done even if you do not have an active social network. Because you are not active does not mean they will not talk about you through online mainstream media, forums, blogs, comments, posts, update, tweets, and reviews. Just remember “Stick and stones may break your bones, but, online, words can last forever.” If you don’t find the negative mentions and rectify them, others will stumble upon and judge for themselves.
2. Measure & Monitor Competitors. Know what your competitors are doing from a social media marketing standpoint, measure and Monitor their mentions, and know their share of voice compared to yours
3. Virality. Social members might be sharing Twitter tweets and Facebook updates relevant to your company, but is this info being reshared by their networks? How soon afterwards are they resharing? How many FoaFs (Friends of a Friend) are re-sharing your links and content?
4. Blog interaction. This is actually more than one metric lumped together. Blogs are part of a SMM (Social Media Marketing) toolkit, but only if you allow comments and interaction with readers by responding. If you’re doing this, encourage responses either directly in the comments section of blog posts, or via Twitter. (Use a blog widget that allows this.) If your blog’s content is suitable for social voting (Digg, Propeller, Mixx, etc.) or social bookmarking (Delicious, Stumbleupon) sites, install a blog plugin that displays the necessary sharing “buttons”, then track referrals back from those sites

As I said before, if you’re doing social media on your own or if an agency is doing it for you make sure that while they’re Marketing, they are Measuring and Testing for optimum Results.

5 Social Media Tips for Small & Medium-Sized Businesses (SMB)

When stepping into the realm of social media as a small business you should have a plan. I suggest that you take your time and generate clear goals and objectives for your social media marketing strategy before you do anything. Once you have done this; check out our social media optimization and marketing tips for SMB’s.

1. Take Advantage of the Big 3: Facebook, Twitter, and Linkedin.
2. Blog: Create and Participate
3. Make Sharing and Bookmarking Easy
4. Mobile Social Networks and Local Networks
5. Track and Monitor

Social Media is a great marketing tool for small and medium businesses to use and I hope our tips will help you when implementing social media to your business.

Are You Using Social Media to Increase Your Business Exposure?

Social media marketing is being used to increase awareness for organizations within their target market. According to eMarketer.com, businesses have been accomplishing their goals regarding social media marketing tactics. For the most part, social media is a useful tool for increasing awareness, attracting new customers, and engaging with current customers.

The most important part is whether or not the tactics are aligned with the business goals and objectives. Businesses have achieved their objectives, but are you seeing the value in generating leads, sales, and revenue for the business? What is the ROI for your social media marketing campaign? Doing the social networking and getting a customer to become a fan of your business on Facebook is great, but are you seeing the benefits in your wallet?

Social Media Marketing Tools

We wanted to follow-up our previous posting with a few tools to help our colleagues. Below are a few resources that we use periodically to monitor social media. In addition, we use this information to gain insight as to how other are using social media. As marketers and businesses owners, do not forget the fundamental concepts of marketing. Most of these fundamental concepts are still relevant in social media.

Let us know what tools you are using and what you think of these. Good Luck!

http://www.socialmediatoday.com/

http://www.addthis.com/

http://friendfeed.com/

http://secondbrain.com/

http://www.shoutlet.com/

http://www.pitchengine.com/

http://www.twhirl.org/

Changes in Social Media Marketing for Customers & Businesses?

In recent white papers on Social Media, many professionals are predicting a shift in the way customers & businesses use social media tools. There are several factors that will drive this predicted trend. The number of potential customers involved in social media will continue to grow with additional advances in technology and easier access to these technologies. In today’s difficult economic environment, it is a challenge to find and interact with customers. Thus, social media will become an increasing priority in the marketing mix as well as a cost effective channel for marketers. In addition, social media will gain acceptance across all demographic and socioeconomic groups.

As marketers, we will continue to be challenged to use social media by clients or management. We must be careful to develop guidelines around these practices and to ensure that we are implementing social media for the “right reasons,” not just because the competition is doing it! If we do not practice using social media properly, the customers will no longer see social media as their space but as a way for businesses to interrupt their conversation.