Walk the Line: Balancing the Resources and Rewards of Social Media

For those charged with growing a business in today’s marketplace, social media can present a bit of a quagmire. With all of the hype around social media and the proliferation of social networks, it’s easy to get sucked in to the vortex, spending countless hours obsessing over follower counts, scouring the Web for interesting content to share and seeking out opportunities to cultivate relationships with key influencers. However, no business – no matter how large or small – has unlimited resources to dedicate to social media. You must find a healthy balance between the time and energy you invest and the rewards you stand to gain from your participation. As with any marketing endeavor, success starts with a plan. When determining how to direct your social media efforts, you take into account three key elements:

• Your target market
• Social media sites and the capabilities of each
• Your short- and long-term business growth goals

By carefully weighing each of these factors, you can create a robust social media plan that is specifically tailored to your business and your target audience.

Know your customers.

At the heart of the question of how much time to spend on social media marketing lies a fundamental understanding of your customer. Without an intimate understanding of who you're marketing to, you cannot determine the best methods of reaching them. This will also help you determine in which social media sites to invest the most time and energy. More than likely, many of your customers are spending time on at least one social media platform. Statistics favor of this theory: 30 percent of people across the globe are online, and these users spend 22 percent of the time they’re online on social media. But be careful not to make assumptions based solely on the age of your customers. After all, it's users over the age of 55 who are currently driving growth in social networking via the mobile Web. One of the best ways to learn exactly how and where to engage with your customers is to do some good old-fashioned research. Ask them to fill out a survey and provide them with a reward that’s desirable enough to motivate them to respond.

Where are your customers connecting?

This is another important piece of the puzzle that will help you fine-tune your social media investment. If your customers spend a lot of time on Twitter and LinkedIn but not as much on Facebook, then you can divide your time and efforts proportionately. The trick is knowing how to find out where your customers spend their time. Fortunately, each social media site provides some basic research tools that will help you make this determination:

• Twitter: Use the "Advanced Search" tool to search by keywords and by zip codes to find potential customers, and see how much activity you can identify from these users.
• Facebook: Facebook’s research tools are somewhat limited, but you can check your competitors’ Pages to see what types of posts are the most popular based on the number of “likes” and comments they receive.
• LinkedIn: Use the "People Search" feature to identify key individuals as well as relevant groups that may have a lot of traction with your market.
• Google+: Use Google Analytics to determine the amount of traffic or leads you are getting from your posts.
• Klout: Use this service to see how your followers are responding to your social media activity. Klout can track most major social sites, including YouTube, Flickr and Instagram.

Absolute minimum effort

At an absolute minimum, you should establish a page on each of the big four social media sites: Facebook, Twitter, LinkedIn and Google+. This accomplishes a number of things. First, by listing your address and basic information on social media sites, you’ll help search engines like Google find your website and list your company’s information properly. Also, keep in mind that customers use all sorts of tools to find you, not just Google. If they happen to search for you on their favorite social site, you want to make sure they’ll find you there. The basic information you should have on your each of your profiles includes:

• Company name
• Company logo
• Website URL
• Customer service phone number
• Brief description of your company

This puts you on the social media map, as it were. You can certainly begin engaging potential and current customers after this stage, but even if you do nothing else, this will at least make you accessible. Then, based on the level of engagement of your target market on each site, you can determine how much more you want to do with each account.

Developing campaigns

Finally, once you've determined that you should do some level of effort of social media marketing, you know which sites are best for your market, and you've developed some basic profiles on each site, it's time to formulate a campaign. Just as with any marketing campaign, you must start by identifying specific, measurable goals you want to accomplish. By doing so, you can then determine how many resources can and should be invested in the process to achieve your desired outcome. For example, you may want to reach a goal of 1,000 “likes” on Facebook in the next three months. This is doable for a company on just about any budget, and you'll know pretty quickly if you need to put more effort into getting these “likes.” If you only have 50 after the first week, then you need to step it up. Some companies frame their desired return from their social media activity in terms of dollars and cents. This is not a bad strategy for the long term, but if you’re just starting out, it can actually be deceiving. Why? Because the work of establishing your brand on any social media network is a time-intensive process. It will take a concerted long-term effort to grow your following to the point where you can achieve significant levels of engagement and have a reasonable understanding of the relationship between your participation and the company’s sales performance. For that reason, in the beginning, it’s often more productive to focus on activity-based goals – such as achieving a specified number of followers on Twitter – rather than on more traditional ROI metrics. So take a step back, determine what sites your customers use to connect, focus your efforts on these sites and set some reasonable, time-based goals for yourself. Then, as you begin to gain traction on a particular social media site and establish a foundational understanding of how well it works for engaging customers and driving profitable traffic, then establish some ROI goals for your top engagement-level accounts.

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The Timelines They Are a-Changin': 7 Tips for Making the Most of the New Facebook Pages

Like it or not, it’s here: the new timeline for Facebook business Pages. And much like any of the wide-sweeping changes that Facebook has introduced in the past, the faster you can get acclimated, the sooner you can start using these new features to your advantage to engage more effectively with your customers. So without further ado, let’s dive right in, shall we?

1. Put your best foot forward.

The first thing that you – and your fans – will notice is the new cover photo. This is your very own Facebook billboard, your opportunity to grab new visitors and entice them to delve deeper into your Page. This is prime real estate, so make sure you use it well. A great photo can make a memorable first impression that helps you attract and keep potential customers; a bad one can turn them away before they ever interact with the rest of your content. Get creative with this space. Feature one truly stunning image that captures the essence of your brand. Showcase your products or services. Give fans a peek behind the scenes of your company. No matter your approach, just make sure you play by the rules: No mention of prices, sales or discounts. No contact information, such as your phone number or website address. And no calls to action, whether it’s to like your Page or buy your product. You’ll also notice that your profile photo persists in the new format. This spot is best used for your logo icon, as it will also be the thumbnail image that appears alongside your posts in your fans’ news feeds.

2. Deliver a call to action.

So Facebook says you can’t include a call to action in your cover photo. You’ll also discover that you can no longer set a default landing tab for your Page. What’s going to here? And what are you to do about it? Relax. You still have plenty of opportunity to capture attention and motivate your fans to take action. Just below your cover photo, you’ll see four featured app slots. Photos will always take the first slot on the left, but you can customize the other three to your liking. These slots are the perfect place to feature a promotional video, link to your company blog or even a store (or donation) app. Much like the cover photo, these app slots will get a lot of eyeballs, so make sure you design them well.

3. Tell your story.

Once you get past your cover photo and apps, you’re into the timeline itself. In some ways, the timeline isn’t so revolutionary. Your most recent update appears at the top and the rest follow in reverse chronological order as you move down the Page, just as they always have. On the right side of the Page, you’ll see the timeline represented in years, starting with the year that your business was established. Here’s where you can really start to have some fun with the new format. Add important events – the date your company was founded, the launch of a new product, awards you’ve won – as milestones in your timeline to create a sense of stepping back in time. The more visually engaging you can make these milestone posts, the better. There are also new ways to filter what’s shown on the Page: Highlights, Friend Activity, Posts by Page and Post by Others. The trickiest part of these new filters is that posts by your fans aren’t as visible. So if interaction with your fans is important to you (and it should be), then you’ll need to be very intentional about engaging with them.

4. Get visual.

Another difference that will quickly become apparent the more you study the new timeline format is that photos and videos are given much greater prominence than any other type of content. Jumping on the bandwagon that has made platforms like Pinterest and Instagram so popular, the timeline focuses on visual storytelling. This is actually a plus, since as we’ve covered previously, one great photo truly can do the work of a thousand words in conveying what it is that your brand stands for. Data from Facebook supports this theory as well, indicating that “posts including a photo album or picture can generate 2X more engagement than other post types.” Use this new format to your favor by posting photo- and video-based content as often as possible.

5. Stick to it.

In order to help extend the longevity of your content, you now have the ability to pin a post to the top of your Page (it will appear just below your status update compose box). While this won’t affect how your update appears in your fans’ news feeds, it will keep this story at the top of your own Page for up to seven days. Pinning a post to the top of your Page is a great way to call attention to a special event, marketing offer or other especially fantastic content. Alternatively, you can also highlight a story so that it spans all the way across both columns of your timeline, making it easier to find as a user scrolls down.

6. Keep an eye on your inbox.

Another major change being introduced in this latest iteration is that Pages now have the ability to receive direct messages from fans. While these messages can only be initiated by a fan, this new feature serves a very useful purpose. Fans can now use Facebook as a way to ask a question or discuss a customer service issue in depth without doing so in the public forum. It’s a win-win for both you and your customers. Just be sure to keep a close watch on your inbox and respond to any messages you receive in a very timely manner. After all, if someone has reached out to you, you want to make sure they feel that their effort is both appreciated and taken seriously.

7. Don’t over-think it.

Finally, even though these changes are significant, there’s no need to feel overwhelmed or intimidated. The fact of the matter is that the majority of your fans will continue to consume the content you’re publishing in the same way they always have: via their personal news feeds. So while a well-designed Page timeline is important – particularly when it comes to winning over new fans – it’s not necessarily going to reinvent the wheel of the interactions you have day in and day out with your existing fans. In an ideal world, they would reward all the time and effort you put into your timeline by congregating on your Page and interacting with it directly. In reality, that’s probably not going happen on a consistent basis. The best approach is to strike a balance between the two. Be innovative in trying out new ideas and approaches on your timeline, but keep the content of your daily posts steady and strong, since you never know just when or where someone will come across it. After all, just as with most things in life, the more things change on Facebook, the more they stay the same.

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