May 12

For some people, social media is all about the numbers. How many followers you have on Twitter, how many friends you made on Facebook, etc. When you first get into this method of promotion, that’s what seems to be the best way to measure your success, but is it?

While having plenty of followers is definitely a good thing, it doesn’t mean you aren’t successful if you have just 900 people following you on Twitter. The real test is whether or not these are active friends, people who will either buy from you or promote you. If you have 100,000 followers and only 50 of them are really interested in your product, then you don’t really need the remaining 95,000 . . . it’s just more noise.

Does this mean you should get rid of everyone who isn’t actively retweeting or sharing your links? Not necessarily. But it does mean that you should reevaluate what you equate with success.

What is Social Media Success?

Each company will need to determine exactly what they consider to be success. Numbers of followers are rarely a good place to start. You can easily gain hundreds of “friends” simply by befriending everyone you come across on a social media site. So what should you be looking at? There are several ways to distinguish the your success:

  • Traffic. Aim to bring in a certain amount of traffic with social media and then work on that. While this is still a numbers game, it is far more specific.
  • Sales. An increase in sales as a direct result of your social networking efforts is a good way to judge how successful you are.
  • Publicity. When other people start talking about you, on blogs, Twitter, and newsletters without you asking them to, you can use this as a measurement of success, as well.

Of course, each business will have their own methods of measuring success and you can come up with your own. What you hope to accomplish with social media is a goal that you and only you can set for yourself.

Once you know what you want and how you are going to know when you reach it, a plan is in order. Write down how you will reach your goal, step by step. This might be something simple, such as tweeting 3 times a day, or adding 3 new, related friends on LinkedIn each day, or holding a contest or giveaway each month. Multiple methods are often best for really getting your name out there. You’ll find that most popular social media users are active in a variety of ways across their chosen networks, often gaining plenty of publicity in the process.

While number can be significant, don’t get too hung up on them. Instead, look for more tangible methods of measuring your success with social media.

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Nov 19

Ivan WalshSocial media is such a useful tool for businesses, but many business owners end up doing it wrong. They try very hard to fit social media into their preconceived ideas of business marketing and end up failing miserably. The reason for this? Social media isn’t your normal marketing technique.

Traditionally, marketing was something that was presented to people. However, these days, things are far more interactive. Rather than presenting a corporate front, which no one pays much attention to, you will find that offering the people behind the business is something that far more potential customers will respond to.

Here are a few questions to ask yourself when getting started in social media as a marketing tool.

  1. Who do you want to talk to? Potential clients is a pretty obvious answer, but narrow it down. What are your potential clients interested in? Are they parents? Singles bringing in a six figure income? Get specific and it will be easier to find your target market online.
  2. What are they talking about? You won’t win any friends by jumping into conversations that you don’t understand, so check out what these people are discussing on social media sites first. Then decide if you can talk about the same things.
  3. What can you bring to the conversation? If you leap in and start advertising, no one will follow you. Social media is like talking to your friends at the Christmas party about what you do. You discuss other things and if they ask, you mention what you do. If they have a problem, you might offer a solution that involves your business.
  4. Who is going to be the face of social media? You may have more than one person in your business doing this, but the important thing is to be consistent. You want to make sure that your business is always being presented in a good way, with plenty of interaction.
  5. When can we mention our product? This is particularly important if you have more than one person doing the social media for your site. You want to lay basic groundrules for when you should be able to mention the product and when to avoid it.
  6. How can we encourage participation? Interactivity is key in social media marketing. If you want people to trust your brand, you’ll need to get them interacting with you. This will also encourage people to spread the word about your company, too.
  7. What is success in social media? Define what your success is before you start your social media plan. This helps keep everyone on track and will let you know when you have reached the goals you wanted to meet.

It’s important not to just jump into social media for marketing purposes without taking the time to plan. You should have a strategy in place or it will be very difficult to decide just what you’re doing. Plan ahead and you’ll rapidly meet your goals.

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