Posts Tagged ‘thought leadership’
10 Ways to Use Social Networks for B2B Marketing
Tuesday, December 13th, 2011Social networks are essential for expanding your web presence—not only for creating social signals now a key component in search engine rankings, which makes your website and blog easier to find in search, but also by giving you more places to be found online.
Creating your profile on each of the major social networks is a first step, but just that. A profile alone won’t get you much. As with most things in life, you’ll get out of social networks what you put into them.
Once you’ve filled out your profile (particularly including your core keywords and links), the basic process for using any of the more than 500 social networks now in existence is pretty much the same:
- Find interesting/relevant/influential people to follow/like/connect with.
- Grow your influence and attract followers/friends/connections by sharing interesting and relevant content—your own, from third parties, and from people you are following / would like to have following you.
- Interact (e.g., ask and answer questions).
- Recommend.
- Repeat.
The “big 5″ social networks have a definite “order of familiarity” to follow for proper social media etiquette:
- • Twitter, YouTube and Google+: you can follow/add virtually anyone you find interesting/relevant/influential. Don’t be offended if they don’t follow/add you back immediately; they may very well do so once they’ve gotten to “know” you better through your social networking activity.
- • LinkedIn: it’s best to have some familiarity (real world or online) before trying to make a connection. This is a level deeper than the majority of more superficial social networks. This also applies to other professional / social networks (e.g. Plaxo).
- • Facebook: liking a brand page (or asking someone to like yours) is fairly superficial. However, friending someone on Facebook is widely viewed as a deeper level of social networking connection. Put another way, the common pattern is to have more Twitter followers than LinkedIn connections, and more LinkedIn connections than Facebook friends. Only the gauche and boorish would try to friend someone on Facebook that they have no prior connections to.
With those basics established, here are 10 ways for small (or really, almost any size) businesses to use social networks for marketing and PR.
1. Create valuable backlinks for SEO. Links from your profiles and social network posts / updates all help to increase the authority of your website and blog with the search engines, leading to higher rankings. What helps most, however, is having your content shared and passed along by others with high influence in your market space. To encourage sharing, in addition to being active on the leading social networks, place social sharing buttons on your site.
2. Expand your online presence. Google, Yahoo and Bing aren’t the only places people go to look for information. Facebook, LinkedIn, Twitter and YouTube all include their own powerful and popular internal search capabilities, and there are numerous social search engines that specifically search social networks and other social media sites. The only way to found on social networks is to be active on them.
3. Develop reputation as a thought leader (or something equally positive). By sharing relevant and helpful information, whether your own of from other sources, you increase your value to those following you, and expand your network. Sharing content developed by others makes you social; sharing content written about you by others enhances your brand image; and sharing your own thought-leadership or other helpful content solidifies your reputation as a smart, valuable resource that can influence decisions.
4. Promote your content / increase web traffic. It’s been written that, “If content is king, links are queen.” In other words, as essential as it is to develop great content, the search engines won’t give it much weight and few people will ever see that content if it doesn’t get linked. Social networks are a great place to build quality links, again particularly when key influencers within the various social networks share your content with their followers.
5. Expand your network of connections. In almost any major city, on almost any day, there are various types of business networking events: breakfasts, happy hours, seminars, forums and other types of events where local business people can meet each other and form new connections. Social media makes it easy to expand your network globally—or at least well beyond the confines of those who either live nearby or travel to major industry events. Social networks are invaluable for helping you make connections with prospective customers, additional contacts within client companies, industry journalists, bloggers and other influencers that it would be difficult if not impossible to connect with otherwise.
6. Develop and build relationships. Making connections is just the beginning. Social sharing and interactions enable you to develop relationships that can be very meaningful and rewarding, over time, with people you’ve never physically met, perhaps even never spoken with by phone. These relationships can lead to increased online exposure, expanded knowledge, new insights and ideas, partnerships, referrals, and ultimately—increased business.
7. Perform competitive and market research. Social media isn’t all about you, of course. Knowing what kinds of questions your prospective customers are asking, what problems they are trying to solve, and their opinions and observations about competitive firms can help you develop content that better meet market needs and set you apart from competitors.
8. Spot opportunities for innovation. Knowing more about the issues and concerns of your target prospects can also inspire ideas for product enhancements or new products, services or processes that lead to increased sales, greater customer satisfaction and loyalty, and/or new market opportunities.
9. Improve customer service. Traditional customer service channels are great for capturing information about and resolving specific customer issues (e.g., product malfunctions or “how do I…” questions). Social networks, however, open up possibilities for learning about other types of issues that may never lead to a customer service call: your product disappoints in some manner, your online form is too long and/or complicated, your website content is confusing, a particular piece of information or contact phone number is difficult to find, etc.
10. Generate leads and grow your email list (carefully!). There’s a reason this item is last on the list: while the goal of social media marketing is ultimately to produce an ROI, where the “R” is usually generated by increased sales, it’s crucial not to promote your offerings too blatantly or too early in the social networking process. Engaging in self-promotion too early will get you labeled as a spammer, damage your reputation and hobble your ability to grow a productive network. Promoting too blatantly is never advisable. Rather, once you have a network established, use social media to promote “gated” content like white papers or reports, invite followers to register for webinars, and promote your newsletter on your blog and other content pages in order to build a list for lead nurturing.
Establishing a presence on the leading social networks and utilizing an effective social media strategy will enhance your online presence and “findability” on search engines as well as within the social networks themselves.
An Open Letter to Jimmy Wales
Monday, November 29th, 2010Hi Jimmy. Got your fundraising appeal for Wikipedia. Let me start by saying I’m a huge fan of Wikipedia; it is a truly amazing tool and a tremendous accomplishment. It’s a phenomenally time-saving research tool. I believe in what you are doing, I’ve contributed financially in the past, and I’d love to do so again. However, a few changes really need to be made.
Call off the dogs. The Wikipedia cabal. The Priesthood. You know who I mean–that inner circle who feel it is their right to take down any content, for any reason, with no explanation or warning and limited appeal rights. Not merely to edit content, or post a comment, but outright delete it (I learned from my first experience at Wikipedia editing never to make any change with keeping a local backup of the text and code). And when called on their behavior, to defend it in the most arrogant, condescending manner possible.
I understand you don’t want Wikipedia to devolve into a collection of marketing brochures. No one does. I certainly don’t. That does not mean, however, that any sentence which could possible be construed in a positive light constitutes “marketing” and deserves to be stricken from the pure environment of Wikipedia. Any editor who isn’t embarrassed by the Anvil Media – Attensa Wiki-gate fiasco should be permanently banned.
Example: most people would agree that the word “leading” rarely belongs in a company description on Wikipedia. It’s an over-used PR buzzword. Since every company is a “leading” something-or-other according to its own press releases, the word has little if any real meaning in most cases.
However, there’s a world of difference between PR buzzwords and objective facts. If XYZ Company is the largest global supplier of flabberglumping software, and that is an objective fact which can be substantiated through industry sales figures and third-party sources, then there should be no problem including that fact on the company’s Wikipedia page (and linking to those sources).
It’s also not just okay, but vital, for a company page to include descriptions of the firm’s products and/or services. Yes, these should be written in a factual and objective tone, not flowery marketing prose rife with glowing adjectives, but properly written such descriptions should be left intact by the self-appointed guardians of Wikipedia unless they can add or improve something.
If John or Jane Doe want to add content to a page about their company on Wikipedia, and have done their level best to write such content in an objective, encyclopedic fashion, they should be able to do with fear that Wikipedia’s self-appointed censors will immediately rip it down with no explanation out of some bizarre anti-commercial malice. With great power comes great responsibility. A little humility would create a ton of goodwill.
Have respect for bloggers. I’ve actually been told by a member of the cabal that a term didn’t deserve to be defined on Wikipedia simply because a few meaningless bloggers had used it. Get with the 00s. Bloggers now include highly regarded journalists, analysts, executives and independent subject matter experts. 77% of Internet users read blogs. Blogs are now the mainstream media. Refusing to cite or link to blogs, or give their content credibility, is rather archaic at this point.
Recognize the value of corporate websites. Certainly much of the content on corporate sites is inappropriate for linking from Wikipedia: product feature-benefits pages, “why buy from us,” press releases, etc. But company sites also often contain highly linkworthy industry resource type content, such as explanations of concepts, glossaries of industry terminology, research results, thought leadership articles and more. If Wikipedia would link to this type of content on, say, a university’s website, there’s no reason not to link to it just because it’s housed on a corporate site.
In addition, corporate sites should be linked from corresponding industry-related pages. For example, if Wikipedia had a page about flabberglumping software, I’d expect the page to include a list of vendors like XYZ Company, with links to their sites. Since it’s a commercial product, links to corporate sites are appropriate in this context.
While I support efforts to keep Wikipedia free of advertising or blatant marketing, it’s my job to make sure my clients are represented fairly on the site. Not marketed or promoted, just described accurately and objectively, with due consideration given to links to thought leadership content they’ve contributed to their industry. Again, I’m a huge fan of Wikipedia and what it’s accomplished for the spread of knowledge. I’d really like to contribute, both in terms of content and money. But if you won’t accept the former, you don’t deserve the latter.
Social Media Strategy? Think Like a Reporter
Monday, July 12th, 2010Recent surveys have shown that while businesses are embracing social media in droves, many are doing so without any real strategy in place. Without a strategy, there may be no clear ownership, or definition of success, or measurement, or integration with other marketing and PR efforts—all of which can lead eventually to wasted time and effort, abandoned blogs and Facebook pages, and even the erroneous conclusion that social media doesn’t work for us.
Yet developing such a strategy can be challenging; where does one start? Most of us have, through the classroom, TV shows or somewhere in life, learned about the reporter’s questions: who, what, when, where and why. Just as these questions are critical to solid journalism, so they can be invaluable to social media strategy development.
Who: the first who question is who will be in charge of social media efforts? Responsibility should be placed as high as possible—with the CEO ideally (think Tony Hsieh, or Jonathan Schwartz before the sale to Oracle). If not possible, then responsibility should rest with an executive in marketing, PR, product management or customer service. If absolutely necessary, this leadership can be outsourced, but only as part of a close long-term relationship. Who else will be involved? In all but the smallest companies, there are often multiple individuals tweeting, networking and even contributing to the company blog. In these situations, it’s imperative to have a social media policy in place, encourage subject matter experts (SME’s) to share their unique knowledge, and remember that everyone who participates is acting as a public face for the company—social media isn’t a job for an intern.
What: what type of information will you use to attract a social media following? In b2c, contests, games, apps and coupons are popular content. In the b2b world, thought leadership content is key, but this can take different forms depending on your resources and style: blogs are the most common media, but video, podcasting, online presentations and articles are other ways to share information and education with prospects. What also refers to subject matter—in b2b, that usually means reporting on research, offering a unique perspective on industry developments, solving problems, providing how-to guides, or presenting other information that is of value to your audience and positions your people as the experts.
When: how often will you write new blog posts? Tweet? Update your company’s Facebook page? The answers will be different depending on your company’s resources, the amount of content you have to work with, the number of employees involved in your social media efforts, the specific social media tool and other factors. In general, more is better, and most companies could probably benefit from greater social media activity, not less. There is a risk of over-doing things, particularly on Twitter, but as long as your focus is on adding value rather than self-promotion, few followers are likely to complain. Most companies find that the amount of time they need to devote to social media, particularly to engagement, starts out modestly and increases over time as their blog readership, Twitter following, Facebook fan base and other groups grow.
Where: which social media sites and tools will you use? There’s no question that blogs (which usually mean WordPress), Twitter, Facebook and LinkedIn have emerged as the “big four” social media venues. According to recent research, these are used by 70% or more of those active in social media (no other single tool was used by more than half of respondents). Twitter is probably the closest thing to a universal social media tool for business, while Facebook is huge in b2c, and LinkedIn is indispensable on the b2b side. These are the tools to start with, but by no means should a social media strategy be limited to these: depending again on talent, resources, corporate personality etc., other tools to take into account include YouTube and Vimeo (video sharing); SlideShare (presentations); social bookmarking sites like Digg, delicious and Propeller; online forums (there are specific forums for almost any industry); Ning (for creating your own community or finding others to engage with); PitchEngine (social PR); and social profile sites like VisualCV and PeoplePond, just to name a few.
Why: possibly the most important question of all. What is your company aiming to accomplish through social media? What are your goals? How will you measure them? There are at least a hundred ways to measure social media success and more than a hundred tools for monitoring them. While measuring social media ROI is difficult to do with any precision, it’s important to use what measures you can to help gauge the impact and continually improve your efforts.
Crafting a social media strategy is vital to achieving success and avoiding wasted efforts. It’s a challenging exercise, but one that can made easier by thinking differently—such as like a reporter.
Five Benefits of Blogging for Business
Monday, June 21st, 2010Blogging provides business executives and marketers with opportunities beyond and distinct from a typical company website. Because they are less formal, more interactive, and focused on industry issues—as opposed to just the company’s offerings—they provide a forum that is viewed much differently by readers than a vendor website. Blogs are seen as key sources of information rather than just promotion. Blogs are also core to a successful social media marketing strategy.
Here are five key benefits of blogging for businesses.
Establish expertise and credibility. Winning the business, particularly in the b2b world, is usually about doing the best job of solving the customer’s problem. Your website is about your product or service, and the benefits it provides to buyers. Your blog is about something related but much larger: your expertise. If your offering is unique, your blog provides a platform for demonstrating your industry understanding and insights that led to your approach. Even more importantly, if your product or service is difficult to differentiate, a blog gives you a way to create differentiation via your knowledge. Expertise is a powerful differentiator; in commoditized markets, it may even be your only effective one.
Become a resource. Following from the first benefit, establishing a position of expertise makes you a resource for industry influencers such as the media and other bloggers. You’re no longer just a source of information about your specific product / service / company, but also about bigger industry issues, trends and developments. This leads to coverage and quotes in a broader array of media, further enhancing the reputation of your blog and the image of your company as an industry leader.
Create a dialogue. Websites are one-way communication, a broadcast medium. I write about my stuff, you read it. Blogs in contrast are interactive: I take a position on an industry issue, you leave a comment, I respond, another reader chimes in with a follow-on comment, etc. Each post can potentially become a conversation, not just a monologue. That creates reader engagement, a deeper level of relationship than just passive information consumption.
Develop new relationships. Becoming an industry expert and resource, and creating dialogs, enables you to establish relationships with prospective customers, potential partners and other industry influencers that likely wouldn’t have happened otherwise. A blog lets you attract readers with your knowledge, interests, opinions and observations in a way your website can’t, expanding your circle of influence and business relationships.
Search engine visibility. Blogs are very powerful in terms of SEO for four reasons:
- • Thought leadership: due to the difference in the nature of blog content versus vendor websites (thought leadership vs. promotional), search engines often give more authority to blogs.
- • Blog-specific directories: while blogs are eligible for most of the same types of links as standard websites (e.g. directories, social bookmarketing sites, news sites, articles), blogs also have their own unique link opportunities through blog-specific directories and RSS feed syndication sites.
- • Recency: blog content is typically updated much more frequently than commercial website content, providing an advantage in increasingly real-time search results.
- • Link bait: again due to the informational rather than promotion nature of the content, blog posts are more likely to draw natural links (e.g. from news stories, articles and other blogs) than website content.
A blog isn’t right for every company (more about that idea in an upcoming post), but where feasible, they provide a powerful complement to standard websites with unique strengths for building a brand’s online presence and impact.
In Minnesota? Don’t miss the SCORE Social Media and Internet Marketing Boot Camp, Thursday, June 24 in Bloomington.
