Have you ever considered extending your small business storefront to
Facebook?
According to The New York Times, small retailers are having more
success than their larger counterparts when it comes to selling socially with
Facebook storefronts proving to be a successful outlet for small businesses with
less than $100,000 in revenue and fewer than 10 employees.
Yet Facebook storefronts present business owners with a number of challenges.
For example, if you have a business page on Facebook, you do not own it;
Facebook does, and as such, it is free to change the look, feel, security and
functionality of your page when it sees fit. Furthermore, many consumers may be
reticent about conducting financial transactions on social media.
If your small business is interested in exploring this new revenue stream,
here are some tips to help you get started building your social storefront:
1. Build Your Facebook Storefront
Facebook storefronts are wholly independent of Facebook and are enabled by
third party apps and services from companies such as Ecwid, BigCommerce’s SocialShop
application and VendorShop Social. Alternatively, you can also have an
app developer build you a custom storefront.
These apps offer a number of social shopping features that you can add to
your Facebook business page. Some are free, with options to upgrade for
increased functionality, while others charge a low monthly subscription fee.
(Note: The Facebook store provider market is an emerging one with new
start-ups popping up regularly. Furthermore, established players are
increasingly targeted for acquisition. So do your due diligence on this one.
Look for providers with a good customer service track record and try not to get
locked into time-bound contracts.)
Whichever app you choose, getting started is quite easy. Once your app is
installed, you can add product listings; a welcome page to showcase certain
products and promotions; a shopping cart; and a variety of payment options such
as PayPal. Some apps also include tools to promote your storefront to your fans,
via email, your blog or website.
2. Personalize Your Storefront
Next, personalize your storefront to reflect your brand and appeal to the
fans and customers you are hoping to engage with and sell to. Think about adding
a human element to your banner image—this will help connect you with your
potential buyers. To maximize your Facebook sales, look for ways to engage and
connect—post tips that relate to your industry; share articles, images and blogs
that might be of interest; and have a dialogue with your fans. Above all, inject
some personality into your page—this is a huge differentiator for small
businesses, so use it!
The New York Times also suggests pinning and tagging status updates and
photos to attract fans and keep your page dynamic. For example, you could run a
contest that encourages customers to tag your products in the photos they post
on their Facebook page. In doing so, you’ll get free visibility on that person’s
wall for all their friends and followers to see. You can also use the pin
feature to highlight a product of the week or a special discount.
3. Be Social, Build a Community
Make your page an active one—treat it as you would your own bricks and mortar
store. Meet and greet fans, and engage with them. Encourage them to post by
asking open-ended questions in your status updates; comment on and like the
interaction that follows.
You can also grow your community outside the confines of our own page. For
example, follow business pages that relate to your products, industry or
neighborhood and interact with folks on those pages (without being overly
promotional). For example, if you own a retail store on Main Street, look around
and find out who else is on Facebook—your local coffee shop, library, community
newspaper? Give them a like (using your business page profile) and join in the
conversation with other business owners and their customers. Your business will
appear on their wall and help increase your visibility and likeability!
4. Don’t Put All Your Eggs in One Basket
It’s unlikely that Facebook will ever be your only sales channel. So test the
waters before you set up your store and ask your fans and customers if they’d be
interested in buying from you via Facebook. Then, once you are up and running,
don’t ignore your website or retail location. Small businesses are known to get
as much as 15-30 percent of their sales from Facebook, but remember that not
everyone is on Facebook, and not all are comfortable doing business there.
5. More Reading
For some real-world examples of how small businesses are using Facebook
storefronts, check out this article from The New York Times: Small Retailers Open Up
Storefronts on Facebook Pages.
Social Media Marketing Blogs
Wednesday, November 27, 2013
Monday, November 18, 2013
Survey Shows Video Influences Mobile Gamers Downloads
Applifier conducted a research study among United States-based mobile gamers that captured engagement behaviors around mobile video, sharing and usage. Seventy percent of all users watched online games video in the last 7 days and over 45% said watching video led them to download that game.
Twenty percent of users are sharers, who typically play over three hours per week, download more than six games, and are more likely to pay for games. Word of mouth is the #1 way that mobile gamers discover games and decide whether to download. Top sources include: reading user reviews (43%), hearing from a friend/family member (36%), and seeing a friend/family member play the game (25%)
Applifier, a market leader in mobile and social game discovery, studied 1,800 mobile gamers, uncovering a valuable consumer segment called sharers, which comprises about one-fifth of the game player audience. Sharers are most likely to use social and video related game features to influence other player segments. Not only are these Sharers more likely to download games, play games, and pay for games, but also by using these features, they create a self-sustaining loop of virality.
Wednesday, November 13, 2013
The Four Zones of Social Media
After extensive study of the field, we’ve organized the social media universe into four zones and this structure is referenced throughout the text....Michael R Solomon.
The figure illustrates the four zones of social media:
• Zone 1 is Social Community.You’ll note as we discuss various uses of social media for personal and commercial purposes that some areas overlap two or even more zones. That’s the nature of social media. All social media are networked around relationships, technologically enabled, and based on the principles of shared participation.
• Zone 2 is Social Publishing.
• Zone 3 is Social Entertainment.
• Zone 4 is Social Commerce.
Zone 1: Social Community Social communities describe channels of social media focused on relationships and the common activities people participate in with others who share the same interest or identification. Thus, social communities feature two-way and multi-way communication, conversation, collaboration, and the sharing of experiences and resources. All social media channels are built around networked relationships, but for social communities the interaction and collaboration for relationship building and maintenance are the primary reason people engage in these activities. Many of the channels in which you already participate likely reside in this first zone. The channels in the social community zone include social networking sites, message boards and forums, and wikis. All emphasize individual contributions in the context of a community, communication and conversation, and collaboration.
Zone 2: Social Publishing Social publishing sites aid in the dissemination of content to an audience. The channels of social publishing include blogs, microsharing sites, media sharing sites, and social bookmarking and news sites.
Zone 3: Social Entertainment The zone of social entertainment encompasses channels and vehicles that offer opportunities for play and enjoyment. These include social games and gaming sites, socially enabled console games, alternate reality games (ARGs), virtual worlds, and entertainment communities. At this stage in the development of social media, social games are by a substantial margin the most advanced channel in the social entertainment zone.
Yet another aspect of social entertainment is entertainment communities. Though social entertainment is still developing as a channel, we anticipate that social entertainment communities will develop around other traditional areas of entertainment in the near future—film, art, and sport.
Zone 4: Social Commerce Our fourth zone is social commerce. Social commerce refers to the use of social media to assist in the online buying and selling of products and services. Social commerce leverages social shopping behaviors when online shoppers interact and collaborate during the shopping experience. Social commerce channels include reviews and ratings (on review sites or branded e-commerce sites), deal sites and deal aggregators (aggregate deals into personalized deal feeds), social shopping markets (online malls featuring user-recommended products, reviews, and the ability to communicate with friends while shopping), and social storefronts (online retail stores that sometimes operate within a social site like Facebook with social capabilities).
The second figure illustrates the four zones of social media marketing along with several vehicles prevalent in each zone.
Monday, November 11, 2013
What Publishers Need to Learn About Using Social Media Effectively
By Dena Levitz/First Published: September 18, 2013
Patrons at D.C.’s Woolly Mammoth Theater have a reason to arrive early. The lobby is now home to a large magnetic board featuring words and phrases from a current show at the playhouse. The blocks of text are moveable. Patrons are encouraged to rearrange the lines from the play into new phrases and then photograph their word creations and share them on social media using their smartphones or nearby computers.
In a Washington Post article about the project, local residents said the interactive word display makes them feel more connected to the Woolly Mammoth. It transforms them from audience members into active participants, even writers. They said they want to come to more performances and let their friends know about the exhibit. And they enjoy the lead up to the show. The staff at the Woolly Mammoth also see the display as a way to appeal to less traditional, more youthful customers who are most active in social media.
The project is part of a larger shift in how content producers and audiences relate with one another. With consumers having a growing array of choices over how to spend their time, all businesses – from the arts, sports, groceries and everything in between – are trying to learn new ways to engage more deeply with customers. At the same time, technology is giving consumers more ways to share information with one another – turning the group formerly known as the audience into a bigger part of the distribution and marketing network of content.
For those who consider social media to be an ancillary activity, consider one statistic: In June 2011, time spent online in social media began to surpass the amount of time Americans spent on all other websites portals.
This NAA SenseMaker Report offers a sense of the state of the art of how newspaper media have learned to use social media to connect with consumers about news.
Just how big has social media become?
Facebook remains the largest platform with 1.1 billion worldwide users, including 665 million active daily users, as of July 2013. That population, according to company data, generated a daily average of 4.5 billion “likes” in May, up from 2.7 billion daily in August 2012. Even as the number of users continues to grow, in other words, engagement is growing even faster.
Twitter, launched in 2006, is the second-largest social media platform, and as of early 2013 the 140-character microblogging site still ranked as the fastest-growing platform in social media, according to Global Web Index, a syndicated market research service. In July, the number of users stood at 500 million, with 200 million of those considered to be active users.
The most powerful new dynamic in social now, however, may be photo and video-based platforms. Pinterest, a virtual pinboard for photos that likens itself to a digital scrapbook, has surpassed 70 million users. Instagram, another photo sharing site, now has 130 million active users who have shared some 16 billion images since the service launched in 2010, according to co-founder Kevin Systrom. Instagram, which describes itself as a way to “capture and share moments,” allows users to post photos, change their look and share them on its own platform and others.
Vine (owned by Twitter) and Instagram (owned by Facebook) are also short-form video sites. Each allows users to post clips that last just a few seconds – in Vine’s case, six, and in Instagram’s 15. Both are seeing early traction. In four months Vine had attracted 13 million people to sign up, according to the company. And 5 million videos were uploaded on Instagram in only the first 24 hours of the service’s debut.
YouTube remains the most popular site for video on the Web. The Google-owned platform reached a milestone of a billion unique monthly users in 2013. Users collectively watch more than 6 billion hours of video monthly, which equates to almost an hour a month for every person on Earth, according to the company. What was once a space for mostly amateur footage has become a destination where brands host channels and run sophisticated campaigns. This includes news organizations such as Reuters, The Wall Street Journal, The Associated Press and Al Jazeera.
In addition to these name brands, new social media platforms are emerging every month. Among the most-talked about at the moment is Snapchat, which was singled out by analyst Mary Meeker, the general partner at the venture capital giant Kleiner Perkins Caufield & Byers, in her most recent presentation on digital trends. Snapchat, which launched in 2011, stands out for its real-time picture chatting capabilities and the fact that items sent between users are shared, yet not saved. Friends send each other Snaps (which can be text, image, video, etc.) The fleeting messages only last as long as it takes for the recipient to view the Snaps. The item then disappears. Snapchat has fewer users – 5 million daily active users in spring 2013 – but the user base is younger and shares an astoundingly high number of images per day.
“Images make the world go ‘round,” Liz Heron, editor of emerging media at The Wall Street Journal, said during a 2012 Online News Association session on the power of social media. “Visual storytelling has become the language of the Web.”
While it may seem daunting to keep up with all of these social platforms and the rapid pace of their adoption by consumers, the numbers also mean that social represents a powerful new opportunity for news publishers that cannot be ignored.
How, then, should newspapers and other news media companies think about social media?
Use social media to push content out — not just pull audiences in
Initially news publishers tended to use social media platforms largely as a way to draw people to their Web content – focusing on posting links to articles and encouraging users to follow those links to their website. That, data increasingly show, is insufficient. While social, like search, still has a role to in driving traffic to websites, its potential is more varied than that and the most successful use of social media goes further.Instead, experts say, social media represents the conversation consumers are having on their own. Publishers need to be present in that conversation to be relevant and top of mind. That means doing more than posting links to drive people to your site. It also means being present on multiple social media platforms at the same time.
Michael Maness, vice president of media innovation at the Knight Foundation, advised editors last month that users should be able to “run into your brand” wherever they are on online – and, more and more, that’s in social media.
Each social media platform has is its own distinct user base and is a different ecosystem. By being present on multiple social media sites, not just the biggest ones, a news organization can broaden its overall audience and attract different users to its content mix that may have never been exposed to the brand otherwise.
Exploit the brevity of social media in real time
In the case of a breaking news story, that may mean posting the story iteratively, in items from reporters as they come in. Sometimes, that curated social media content becomes a new kind of narrative on its own. When the military deposed the President Mohamed Morsi in Egypt, for instance, The New York Times ran a story on its website about the overthrow, but in using its blog, The Lede, it also ran a real time account of the latest developments, made up mostly of the latest tweets from Egypt curated by Times journalists.
Storify has also become a way for news organizations to gather insights from across the web and display them together. The platform makes it possible to curate tweets, images and other items shared socially and then turn them into a new story form. The combined content can either be housed in the Storify architecture or embedded elsewhere.
Several small newspapers owned by GateHouse Media, for instance, used Storify in commemorating the 10-year anniversary of the Sept. 11, 2001, terrorist attacks. Jon Root, digital editor for the The Herald News in Fall River, Mass., mined social media for local reaction to 9/11 and then combined community members’ tweets and Facebook posts into a single Storify remembrance. The result was a powerful and highly localized tribute to a major news event.
In the midst of reporting a story, journalists also are taking advantage of Google Hangouts as a way to talk about their subject matter expertise and interview sources in a live format that readers can watch to supplement their understanding of issues.
Maness sees the article that comes together at the end of this reporting process as a completed garment. Readers don’t just want to be presented with a shirt, he said. They want to see how the shirt comes together. “The threads of the work are as important as the finished article,” he told editors at the annual convention of the American Society of News Editors.
In addition to a way of delivering content, social media can also be a valuable tool in finding out what an audience group is curious about, particularly in the moment. For instance, a reporter heading to an interview with an important local leader can ask the public over Twitter what to ask the interview subject – and then tailor some of the questioning accordingly. Or, in the context of a developing breaking news story, editors can monitor what users are saying about the incident in question on their social media accounts. In that way, they can gauge which aspects of the event are resonating with the community and hone in on this part of the event.
Sree Srinivasan, Columbia University's first Chief Digital Officer, uses an analogy from Jim Rosenberg, head of social media for the World Bank. If you think of your website as a home country’s government, social media accounts are the equivalent of embassies. The social media accounts are versions, or stand-ins, for the main site.
In that sense, a brand can maintain a presence all over the Web and be easily discoverable to users across an array of networks, Srinivasan continued.
“You can’t just rely on people coming to you,” he said.
Content that’s meant to be shared
That is part of the demand of the site. People come to Buzzfeed to find something to share with others, founder Jonah Peretti explained in an interview with tech blog PandoDaily.
This philosophy of sharing-first is taking hold at other news organizations as well, among them The Wall Street Journal. The paper’s social media chief, Liz Heron, said Buzzfeed has altered collective thinking so that WSJ reporters are creating content that audiences will want to pass around, discuss and send on.
Listen first, create second
The idea is that social media is a window into what people care about, and news companies want to be a part of the conversation.
This approach has helped Deseret gain an incredible number of social media followers – 500 million people across its social channels. Deseret is less intent on getting users to come to a social page focused on a media brand. Instead the company’s verticals are organized around passions that Deseret has identified as being critical in the lives of its desired audience.
Then, in gauging success, Gwilliam said the single most important measure is how shareable the content is on these verticals.
“There are a lot of ways to fudge a page view number, but I have to really like an article to share it,” he said during a recent American Press Institute workshop.
With social sharing also comes high search engine optimization and page views to the core site, according to Gwilliam.
Social and mobile’s complementary pairing
According to Nielsen, time spent on social media increased by 68 percent year over year on mobile devices versus a 24 percent increase on desktops. The market research firm Lightspeed Research reports that 73 percent of smartphone owners access social networks through apps at least once a day, according to the company’s data.
Data around Facebook, Twitter usage by news organizations
The research firm Frank N. Magid Associates in August 2012 examined about 260 media organization’s social media practices. The Magid data found that by and large many news organizations are behind the curve.
On Facebook the study found, newspapers with more sizable followings were much more likely to ask questions and use “calls to action” that encouraged users to do something tangible. The sweet spot of Facebook posts is between five and 12, which researchers gauge is “frequent enough to gain notice but not so frequent as to bore readers.” Only a small fraction of newspapers studied, though, hit the sweet spot.
Newspapers were more active on Twitter than Facebook, the Magid data found, but much of that activity was still fairly limited. On average, newspapers examined send 24.4 tweets a day. But a large majority of those tweets, the data revealed, continue to fall in the most basic category of use--standard news headlines with accompanying links back to the core website.
Twitter and other social media sites are beginning to work with news organizations to train them about how to use the their platforms more effectively. Several companies have even hired staff dedicated to work with news publishers.
Mark Luckie, formerly The Washington Post’s social media editor, is the creative content manager at Twitter. “If you are only talking about your own stories, you’re missing part of the equation, to talk with other people, to see what other people are saying, and using that as feedback or possible story ideas,” Luckie said in an interview with PBS MediaShift.
Twitter has also examined individual journalists’ Twitter habits. According to the analysis, journalists who tweet 20 percent fewer links and 100 more mentions – a tweet which includes a fellow user’s Twitter handle and is used to address them or single them out – grow their following by 17 percent long term. Being a part of the conversation, rather than just trying to drive clicks, tends to boost followers and engagement with the account.
The conclusions of Magid and Twitter’s data are reinforced by others. Dan Zarrella, social media scientist at market research firm HubSpot, has found that as self-reference increases on Twitter, follower count decreases. Zarrella has looked at millions of Twitter accounts to ascertain patterns around optimal engagement. Unlike Magid’s suggestions, Zarrella’s data suggests that almost without exception, there’s no such thing as tweeting too much.
“And if you’re wondering how often you should tweet, the answer is generally more than you currently are,” he wrote in his book “The Science of Marketing.”
Zarella also found that time of day makes a difference. People are most likely to share your tweet by retweeting it between 3 and 5 p.m. eastern time. Overall Twitter activity tends to be highest early in the business week, yet retweeting peaks on Fridays, according to his data.
Social’s place in a news organization
Not long ago, social media editors represented the newest new job title in many newsrooms. At some news organizations these staff members played an integral role in pushing content out to every social channel in which the media company had a presence. At other organizations, the role was more tied to advanced decision making around strategy and how best to optimize social in growing a brand’s reach and relevance.There are certainly still social media editors and people at news outlets whose job is devoted to social media. That’s changing, however. A heavily debated and widely circulated piece by Rob Fishman – a former social media editor himself – argued that the role of a separate social media editor is now dead. “Once the province of a single point man, social media responsibilities are now frequently dispersed across the newsroom,” he wrote.
Fishman’s piece evoked a strong response, in both directions. Some critics strongly disagreed, insisting that many news organizations still need a dedicated individual to evangelize social media and lead staff in using it. Either way, it’s hard to argue with the reality that social media is becoming a bigger part of how news publishers need to engage. Editors size up how often reporters tweet. They consider how shareable an article is as they assign it. And webpages are fashioned with social media buttons so that this sharing is allowed to flourish.
Social media is, in other words, more fused into the very being of a news organization than it ever has before – and needs to be treated with this level of importance.
Brian Solis, a principal analyst at Altimeter Group and an author who has studied the effects of social media on business, argues that social platforms give companies the “gift of feedback and an opportunity to listen and equally engage.”
“Adoption of social media isn’t just important; it’s now becoming homogeneous in its incorporation into the enterprise,” he wrote on his blog. “But what most fail to recognize is that social media is a series of channels that facilitate a more dynamic form of person-to-person connection and discovery through a powerful undercurrent of two-way engagement. Social isn’t just technology; it must become part of the corporate DNA.”
Tuesday, November 5, 2013
Want Something to Go Viral on Social Media? Turn on the Visuals
Every fulltime social media manager for a brand experiments with the content he or she produces, and then looks at weekly, monthly, or quarterly reports to see what was stickiest with his or her audience. It’s a fundamental principle in giving people more of what they show they want and getting better at weaving your content inside of the communities on various platforms.
Social media image from Bigstock
For instance, “Tumblr is a community that rewards doing one thing consistently well,” writes Dan Fletcher on Shtterstock’s blog. “That’s why sites devoted to a specific meme thrive on Tumblr.”
With that wisdom in mind, the editors of Bigstock’s blog went to work to create “The Memes of Spring,” a lighthearted look at the joys of the outdoors for both people and animals. For this post, an editor and a designer paired up to create this buzzy, fun, and visual article. It resulted in a big win for Bigstock, as the post was shared on Facebook at 14X the reach of a typical post. Now, the editors are coming up with ways to replicate that success.
What’s difficult about this prospect is striking the right balance. Occasionally, you’ll miss. Great content will go unseen. But what’s great about it is that anyone can do it. You can even learn how to make viral content for the web, if you are short on ideas.
Here are the Bigstock editor’s key takeaways from the “Spring” hit:
In today’s age, where so much chatter and clicking is taking place on social media channels, it’s important to produce content that will be attractive there. This means thinking backwards a bit. Pursuing specific audiences is a long-held tradition for content creation, but the platforms where people will be engaging with the article or video matters a great deal. In attention to who you’re trying to reach, consider what channel you hope to conquer with this content.
The “Spring” post was modeled off of what appears to work well on Tumblr and Facebook. It looks like it belongs there. To achieve that synergy, you need to start the conversation about the vision for both the content and the syndication at once. If you do, you can increase engagement and interest by giving people more of what they want.
Social media image from Bigstock
For instance, “Tumblr is a community that rewards doing one thing consistently well,” writes Dan Fletcher on Shtterstock’s blog. “That’s why sites devoted to a specific meme thrive on Tumblr.”
With that wisdom in mind, the editors of Bigstock’s blog went to work to create “The Memes of Spring,” a lighthearted look at the joys of the outdoors for both people and animals. For this post, an editor and a designer paired up to create this buzzy, fun, and visual article. It resulted in a big win for Bigstock, as the post was shared on Facebook at 14X the reach of a typical post. Now, the editors are coming up with ways to replicate that success.
What’s difficult about this prospect is striking the right balance. Occasionally, you’ll miss. Great content will go unseen. But what’s great about it is that anyone can do it. You can even learn how to make viral content for the web, if you are short on ideas.
Here are the Bigstock editor’s key takeaways from the “Spring” hit:
- Be topical with the idea.
- Make it shareable with the syndication.
- Show variety with both.
In today’s age, where so much chatter and clicking is taking place on social media channels, it’s important to produce content that will be attractive there. This means thinking backwards a bit. Pursuing specific audiences is a long-held tradition for content creation, but the platforms where people will be engaging with the article or video matters a great deal. In attention to who you’re trying to reach, consider what channel you hope to conquer with this content.
The “Spring” post was modeled off of what appears to work well on Tumblr and Facebook. It looks like it belongs there. To achieve that synergy, you need to start the conversation about the vision for both the content and the syndication at once. If you do, you can increase engagement and interest by giving people more of what they want.
Tuesday, October 29, 2013
3 Simple Ways to Measure Your Social Media Results
Are you looking for better ways to measure your social media activities?
Do you know if your social media efforts are worthwhile?
Social media measurement is one of the most frustrating challenges business face.
In this article I’ll show you three simple measurement strategies that can fit into one of your future campaigns.
Ask yourself why you are considering including social media in your overall marketing campaign in the first place. How will your efforts impact your revenue and grow your business?
You’ll want to put a measurable outcome in place along with a timeframe in which to achieve the goal.
Now you can determine which social media platform aligns with your objectives.
For example, if you’re trying to reach a female audience and your business lends well to pictures and images, you might want to consider Pinterest.
If you’re a business-to-business brand marketing an upcoming conference, you’ll want to consider LinkedIn.
Listening is one of the most often overlooked uses of social media, yet it’s probably the most important. If you’re not listening to your customers, you’re missing the point of social media.
But how do you measure listening and how does it impact your revenue?
In this example, we’re going to look at using Twitter to answer that question.
Twitter is an amazing tool for providing real-time customer service. You can learn things like:
This is a simple yet effective strategy to use when you’re trying to generate awareness and buzz. It’s a smart way to measure the response to your efforts on Facebook, Twitter or any other social channel you’re using.
Here’s how it works.
Say you’re launching a product or service and want to build buzz about it on Facebook. You post an update to your Page about your launch and you get a bunch of likes on it. The next day, you post a different type of update. You get some likes on it, but you also see that people are engaging more with the second update by sharing the post and commenting on it.
Likes show support and comments indicate a deeper interest but shares are most valuable because they move the update beyond your page.
At the beginning of the campaign, translate your objective to a numeric goal. Then, use a tiered point system to weight different types of engagement according to which is most valuable to you.
Here’s an example of a tiered point system for Facebook:
You can create similar point systems on any of the social channels you use. For example, on Twitter, 5 points for a reply and 10 points for a retweet.
This strategy is the concept behind Gary V.’s upcoming book and it’s based on providing great content that adds tons of value for your customers before asking for the sale.
For example, say your restaurant is rolling out a new healthy menu. Your goal is to get 300 customers into your restaurant to try the new menu over an upcoming weekend.
Since your food is visually appealing, you develop a Facebook or Instagram strategy. You post pictures of your food, create content around the importance of healthy eating and curate information on your Facebook Page about farmers’ markets in your area.
Offer this valuable content to build trust with people.
Then offer a coupon for your restaurant on your Facebook Page. The number of people who claim and redeem your coupon is a result you can quantify.
Here’s how to measure your efforts when using this strategy:
What do you think? Can you improve the effectiveness of your social media campaigns with some of the above strategies? What simple strategies are you using to measure your campaigns? Leave your questions and comments in the box below.
Do you know if your social media efforts are worthwhile?
Social media measurement is one of the most frustrating challenges business face.
In this article I’ll show you three simple measurement strategies that can fit into one of your future campaigns.
Why Measure?
In order to measure the effectiveness of your social campaigns, it’s critical that you know your objective.Ask yourself why you are considering including social media in your overall marketing campaign in the first place. How will your efforts impact your revenue and grow your business?
You’ll want to put a measurable outcome in place along with a timeframe in which to achieve the goal.
Now you can determine which social media platform aligns with your objectives.
For example, if you’re trying to reach a female audience and your business lends well to pictures and images, you might want to consider Pinterest.
If you’re a business-to-business brand marketing an upcoming conference, you’ll want to consider LinkedIn.
#1: Quantify Your Social Media Listening
“What you’re doing [on social media] needs to have impact. It needs to actually have revenue. And often times we try to make it fuzzy about that.” – Frank Eliason, Citi’s Director, Global Social Media (@FrankEliason)Listening is one of the most often overlooked uses of social media, yet it’s probably the most important. If you’re not listening to your customers, you’re missing the point of social media.
But how do you measure listening and how does it impact your revenue?
In this example, we’re going to look at using Twitter to answer that question.
- In Twitter’s search field, enter your business name.
- You can then select whether you want to view Twitter’s “top” tweets about your business, “all” tweets containing your business name or tweets that contain your business name from only those people you follow.
- As you filter the tweets, look through them and decide whom you’d like to follow. These are likely either potential customers or your current customers.
- Monitor their tweets on a daily basis. Engage with them, answering their questions, adding value and helping them whenever possible.
Twitter is an amazing tool for providing real-time customer service. You can learn things like:
- Exactly how many people you’re helping
- If you’re growing that number of people
- The issues customers are experiencing with your business
- What’s broken in your business
#2: Create a Rating System for Your Social Engagement
“Put a [tiered point system] in place rather than looking at how many likes you have.” – Scott Monty, Ford’s global head of social media (@scottmonty)This is a simple yet effective strategy to use when you’re trying to generate awareness and buzz. It’s a smart way to measure the response to your efforts on Facebook, Twitter or any other social channel you’re using.
Here’s how it works.
Say you’re launching a product or service and want to build buzz about it on Facebook. You post an update to your Page about your launch and you get a bunch of likes on it. The next day, you post a different type of update. You get some likes on it, but you also see that people are engaging more with the second update by sharing the post and commenting on it.
Likes show support and comments indicate a deeper interest but shares are most valuable because they move the update beyond your page.
At the beginning of the campaign, translate your objective to a numeric goal. Then, use a tiered point system to weight different types of engagement according to which is most valuable to you.
Here’s an example of a tiered point system for Facebook:
- Likes: 1 point each
- Comments: 5 points each
- Shares: 10 points each
You can create similar point systems on any of the social channels you use. For example, on Twitter, 5 points for a reply and 10 points for a retweet.
#3: Add Tons of Value, Then Sell and Measure
“Jab, jab, jab, right hook.” – Gary Vaynerchuk (@garyvee)This strategy is the concept behind Gary V.’s upcoming book and it’s based on providing great content that adds tons of value for your customers before asking for the sale.
For example, say your restaurant is rolling out a new healthy menu. Your goal is to get 300 customers into your restaurant to try the new menu over an upcoming weekend.
Since your food is visually appealing, you develop a Facebook or Instagram strategy. You post pictures of your food, create content around the importance of healthy eating and curate information on your Facebook Page about farmers’ markets in your area.
Offer this valuable content to build trust with people.
Then offer a coupon for your restaurant on your Facebook Page. The number of people who claim and redeem your coupon is a result you can quantify.
Here’s how to measure your efforts when using this strategy:
- Use the tiered point system described in strategy #2 to determine if your content is moving you closer to your goal.
- Use coupons that are specific to your social media campaign, thus making the return on your investment easy to track and measure.
- Create unique landing pages for each of your campaigns where your customers can download or purchase what you are promoting. Since the landing page is used for one specific campaign, this will allow you to clearly see how successful your campaign is.
What do you think? Can you improve the effectiveness of your social media campaigns with some of the above strategies? What simple strategies are you using to measure your campaigns? Leave your questions and comments in the box below.
Thursday, October 24, 2013
What Your Favorite Social Network Sites Say About You
Social networking sites (SNS) have permeated our lives so much so that to not have an account is to cut off information flow from oneself. Social network sites are where you get news even quicker than official news sites, and hear about the latest gossip or rumors surrounding your peers.
(Image source: Fotolia)
At the same time, social networking is where you can socialize and network with your friends in this increasingly connected world of ours. It’s no wonder everyone is on one or more of these networking sites. What you chose as your favorite SNS says a lot about your own preferences and needs, and even reveals your personality. It says who we are in ways we wouldn’t have thought of.
Check out the following top SNS and what they say about their loyal fans.
Facebook
If you’re on it, you’re well-connected to the rest of your peers. You probably wanted to belong to where everyone is, where the action is, and you side with the majority. You use your social networks to socialize and make friends, be informed with the latest gossip or news, a small group of you may even stalk friends. And you’d be normal.
(Image source: ezatkamel)
There are reports that go to say that people who are not on Facebook are abnormal, even psychopathic. But my guess is that these people are non-conformists for various valid reasons. Facebook is the best tool you can use for socializing and distributing information. When compared to other popular SNS online, some of them seem to not have that socialization element.
If Facebook is your favorite SNS, it may then suggest that you’re someone who is craving for online social ties and thus may use it as a way to combat loneliness or substitute for a lack of an active social life. Either that or you’re just going with the flow.
Twitter
So where do online users go to if they only want to be informed of the latest news but don’t wish to socialize that much? Twitter is the choice. Long-time Twitter users are found to use the site for cognitive stimulation by uncovering information without much socialization. I
It was also found that people who preferred Twitter scored higher in ‘need for cognition’ over Facebook users. The latter tend to score higher in sociability, neuroticism and extraversion.
(Image source: RianGonzales)
The results seem to suggest that if you favor Twitter, you’re intellectual but care less about fulfilling your social needs online.
After all, Twitter is pretty much all about short, to-the-point updates and the sharing of information, not unlike the status updates of Facebook, but it doesn’t offer Facebook’s multi-content approach involving games, photo storage and place check-ins. People who love using Twitter are those who like having a minimalist online persona and a text-like approach to their social networks.
After all, MySpace was an awesome platform for small-time musicians to showcase their work by uploading their entire discographies onto their profiles and even sell them on the platform.
If you don’t have a band, then you must be some sort of music buff looking for great indie music.
MySpace is the social network site that allows you to discover new music via its suggestion features. Sure, the popularity is dwindling, which means there will be lesser music available. Yet, this is a plus for musicians who distribute their music through MySpace. With lesser competition, their music has a higher chance of getting noticed and heard. Great for music lovers.
LinkedIn
Designed for people in professional occupations, LinkedIn is primarily used for professional networking. People may sign up for LinkedIn for career-related purposes. But if LinkedIn is your favorite social network site, chances are that you’re the no-nonsense type who only uses SNS for professional networking and nothing more.
Moreover, you are more likely to be male. A study revealed that 63% of LinkedIn users are male, 47% are females, and that LinkedIn is the only social network site with more male users than female users. The differences in the ratio in LinkedIn could be that males are more career-oriented than social-oriented.
Having LinkedIn as your favorite SNS definitely also says something about your lack of reliance on social networks to fulfill your social needs, which might actually be a good thing.
That is what’s driving Facebook users away, but what’s drawing people to Google+? Again, it might also have something to do with privacy as well. Google+ Circles affords selective sharing with different groups of friends that is very unlike Facebook’s interface.
Also, with Google+ just new into the game and thus less saturated with users, advertisers are not as into it as they are into Facebook. Data mining is less likely on Google+. If this is your favorite SNS, then it just goes to say that online privacy matters a lot to you.
(Image source: Fotolia)
Check out the following top SNS and what they say about their loyal fans.
Recommended Reading: Powerful Branding Techniques Through Social Media
(Image source: ezatkamel)
If Facebook is your favorite SNS, it may then suggest that you’re someone who is craving for online social ties and thus may use it as a way to combat loneliness or substitute for a lack of an active social life. Either that or you’re just going with the flow.
Recommended Reading: 5 Facebook Privacy Settings You Should Know
It was also found that people who preferred Twitter scored higher in ‘need for cognition’ over Facebook users. The latter tend to score higher in sociability, neuroticism and extraversion.
(Image source: RianGonzales)
After all, Twitter is pretty much all about short, to-the-point updates and the sharing of information, not unlike the status updates of Facebook, but it doesn’t offer Facebook’s multi-content approach involving games, photo storage and place check-ins. People who love using Twitter are those who like having a minimalist online persona and a text-like approach to their social networks.
MySpace
MySpace used to be the top social network site before Facebook came, saw and conquered. Today, MySpace users are an endangered species in the world of SNS (forget about Friendsters, they’re already extinct). Today, if your loyalty to MySpace is still unwavering, it means you are probably trying to advertise your indie band to the remaining users out there.After all, MySpace was an awesome platform for small-time musicians to showcase their work by uploading their entire discographies onto their profiles and even sell them on the platform.
If you don’t have a band, then you must be some sort of music buff looking for great indie music.
MySpace is the social network site that allows you to discover new music via its suggestion features. Sure, the popularity is dwindling, which means there will be lesser music available. Yet, this is a plus for musicians who distribute their music through MySpace. With lesser competition, their music has a higher chance of getting noticed and heard. Great for music lovers.
Moreover, you are more likely to be male. A study revealed that 63% of LinkedIn users are male, 47% are females, and that LinkedIn is the only social network site with more male users than female users. The differences in the ratio in LinkedIn could be that males are more career-oriented than social-oriented.
Having LinkedIn as your favorite SNS definitely also says something about your lack of reliance on social networks to fulfill your social needs, which might actually be a good thing.
Recommended Reading: 10 Tips To A More Professional LinkedIn Profile
Google+
Google+ is the latest popular networking site on the market. Part of those who favor Google+ are disgruntled Facebook users who grew tired of its flaws, especially its ever-changing privacy policy. No matter how much you restrict access to those whom you can trust, there’s always a way that things can get leaked out.That is what’s driving Facebook users away, but what’s drawing people to Google+? Again, it might also have something to do with privacy as well. Google+ Circles affords selective sharing with different groups of friends that is very unlike Facebook’s interface.
Also, with Google+ just new into the game and thus less saturated with users, advertisers are not as into it as they are into Facebook. Data mining is less likely on Google+. If this is your favorite SNS, then it just goes to say that online privacy matters a lot to you.
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