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Whether or not you are new to social media marketing, having a cheat sheet always comes in handy! I have generated a list of resources I feel are useful for those who manage social media accounts, from the best social media news sites, to Twitter search operators, and social media tips and advice. Check it out below, or download the PDF for yourself or company here: The Social Media Marketing Cheat Sheet *Right click the link to download or click on images below to enlarge.

Feel free to leave a comment if this has been useful to you, or if you have any suggestions/additions. For even more social media assistance, see my previous blog post on creating a content calendar.

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Many businesses, both large and small alike, are learning to leverage social media in their marketing promotions through platforms such as Facebook, Twitter, Groupon, Facebook Deals, and the like. Turn on the TV, radio, or open a magazine and you will no longer see companies pushing their websites, no, instead you will find a link to their social media site(s). Perhaps you’ve seen the new Old Navy ‘Vacay Sway’ commercial where a parrot encourages customers to ‘Tweet this’, or the new Chrysler commercial with links to their social media pages.  Now, more than ever, companies are utilizing these social outlets just as much, if not more, than their own websites!

Having a Twitter or Facebook account is great, however business owners must understand ‘why’ these networks are good to have and ‘how’ to leverage these platforms to connect with their customers on a more personal level in order to reach their business goals. Social Media is becoming a powerful medium and when properly applied can have a positive effect on your business.

Wish you could embrace the power of the Internet as a customer service and marketing tool? Well you can if you attend the FREE Intro to Social Media seminar hosted by THAT Agency. You can gain insight on what Social Media is, how social network platforms work, specific examples and some key do’s and don’ts.

Event Information:
4-6PM on Monday, June 13, 2011 Date
FREECost
Presenter: THAT Agency
Sponsor: West Palm Beach DDA
Location: West Palm Beach Public Library

The informational session, will include the following:

1. The Social Media Timeline: we will present a brief history of social media and social networks, as well as provide current statistical data and predictions.
2. Categories of Social Media: this will cover the differences between social networks, social media sharing and social news platforms, what they are and specific examples.
3. Major Platform Review: in which we will break down the 6 major social platforms, explain how they work, provide fun examples and a list of do’s and don’ts for each.
4. How to Get Started with Social Media: we will provide a 4-step outline of how you can get your business started with Social Media. If you already have a social presence, this part of the session will help you to evaluate and analyze its current state.

Once the information session has commenced, it will be followed by an open question/answer session (for the remainder of the time).

Refreshments will be provided.  Deadline to register is June 10th.

Click here to register.

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Is it time to feel optimistic again? Results of a Duke University Fuqua School of Business and the American Marketing Association survey seem to indicate that more businesses are feeling good, or at least better, about the economic climate and their own companies’ future. They’re feeling good about the economy, about hiring, and about increased spending in marketing, including social media. What is most interesting about this survey, though, is that it points to a disconnect between spending on social media marketing and actually knowing how to integrate into marketing campaigns and business strategies.

The survey looked at 3,778 marketing executives at Fortune 100, Forbes 200, and CMO Club companies, and the positive results are due to an expectation of a rebounding economy, higher customer spending and prices, and new customers entering the market. In August 2010, CMOs (Chief Marketing Officers) rated the economy at 56 out of 100. This increased to 63 this year. An even bigger jump occurred in the level of optimism: in 2010, 26 were optimistic about the national economy. This time around, that soared to 69 percent.

Hiring also looks strong; CMOs anticipate hiring 50 percent more professionals in the marketing field in the coming year, and spending on social marketing is projected to go from 6 percent currently to over 18 percent by 2016. Despite this, marketers are not really sure how to structure social media marketing campaigns.

Most CMOs don’t think that social media, whether accounts with Facebook, Twitter, LinkedIn, or other sites, are integrated with their companies’ overall strategy. This means that while they’re using social media, they’re not really making it a cohesive part of the team. Only 11 percent of the CMOs said their company was “very effective” in using social media as part of their strategy.

Despite this, the optimism remains, and the disconnect is seen as temporary, as the learning curve that social media has presented marketers with narrows and more data are forthcoming. Most marketers know that they have to take a multipronged approach to compete: that means integrating offline, online, and mobile strategies as part of a coherent whole.

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Facebook wants to be everywhere, and so far, they’re doing a good job. Over 600,000 million accounts have been created worldwide, and the appeal spreads over age demographics, with the over 55 set being the fastest growing age group. Now Facebook wants to use all this data to deliver targeted ads. This isn’t new; the social media site has been doing this for some time. What is new is the speed with which Facebook delivers the ads. Based on status updates and wall posts, Facebook can select ads near instantly based on a person’s interests at a specific moment.

A Facebook spokesperson says, “Advertising on Facebook can be more useful for people because they have explicitly shared their interests on the site. We use this information to show people ads that they may be interested in.” The social media giant is testing ads that relate relevant content based on real-time updates, posts, or Pages liked. An example? Say you posted that you just bought designer clothes on sale. It is not unreasonable to expect to see ads targeted towards clothing retailers and designers.

Some see the move as brilliant; it takes targeted ads to a new, instantaneous level. CEO of Facebook software and marketing company Virtue, Reggie Bradford, says, “The long-held promise of local is to deliver timely, relevant and measureable ads which drive actions such as commerce, so if Facebook is moving in this direction, it’s brilliant.”

Others may think it’s creepy. Do you want Facebook to “know” what you’re thinking? Gartner analyst Andrew Frank says that Facebook needs to toe a fine line. “The main issue is tuning it right so it’s relevant, but not too relevant. I’ve heard reactions across the board, from people who say this is really creepy, to people who say it’s really good and it makes the ads more interesting and relevant.” Facebook needs to make the ads personalized – but not personal. It can’t be too obvious that the user is being targeted. Finding the balance is what Facebook hopes to do with their tests.

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Businesses, and particularly marketers, have a tremendous opportunity to build online presence, increase brand recognition, and improve the quality of interactions with target audiences via social media. The explosion in popularity has led to somewhat of a learning curve, and many marketers are not sure – yet – how to best leverage this advantage. Consumers now expect a basic level of online interaction, and marketers need to move on to phase two of their social media campaigns: promotions and coupons.

Ad Age and the Ipsos Observer conducted a survey of 1,000 participants that questioned them about their digital consumption. They found that 42 percent wanted a higher level of customer service from brands using social media. Sixty-five percent, though, said they wanted those brands to offer coupons and/or promotions. This is exactly what couture designer Diane Von Furstenberg did. She has over 100,000 Facebook fans and 182,000 followers on Twitter. She leveraged this large fan base by offering free shipping and a free gift to those who referred a friend to the DVF page. After engaging in social media, DVF saw a 13 percent increase in traffic.

There is substantial anecdotal evidence to suggest that other retailers and brands find similar success with promotions or coupons. That’s not the challenging part, however. Keeping the new traffic with you after the promotions end is the difficult part. How do you do it? Great content. Keep them with you by offering them what they want or need. And what is that? It will vary based on your industry and company image – but relevant, high quality content is key to leveraging promotions and coupons into healthy, active traffic.

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There is no doubt that social media has become an efficient and savvy business tool. With half a billion people using Facebook, and 145 million tweeting about everything from up-to-the-minute world events to what they had for lunch, it makes sense that your business use these sites strategically to reach consumers. As with your main website, a business fan page on Facebook has to be attractive to traffic in terms of content, design, and optimization tactics. Design, particularly, is key to reaching your target audience.

Facebook business fan pages can utilize more than the status update; there are features that allow you to customize a page. This is important visually to distinguish your page from others, as well as to build your brand with images, logos, slogans, and other key features. Skittles’s fan page, for instance, features their recognizable rainbow color scheme and logo, “Taste the Rainbow.” Here is a look at other great business fan page designs that include important elements to appeal to their audience.

• 1 800 Flowers. Women love flowers, so 1 800 Flowers targeted men as their most likely visitors. They installed a “Guy’s guide to flowers” to appeal specifically to this demographic. It is easy to find and easy to use, which is also important.
• Ritz-Carlton. The ritzy resort uses the power of pictures to entice you. You are immediately surrounded by luxurious images, and the fan page also includes interesting factoids about exotic locations around the world. Ready to book your room?
• Intel. This business fan page keeps people coming back with incentives, like giveaways, promotions, and contests. Giving away free merchandise is always a great way to earn fans.
• Red Bull. It is fun, and they don’t take a formal business approach. Their call to action is an image of a can of Red Bull with the caption, “Like our page. HINT, HINT.” This page strengthens brand image both with graphics and tone.

These fan pages work because they suit the business and appeal to their target audience. When designing a fan page, choose a layout and features that fit your brand, create custom tabs to guide consumers, ask engaging, conversation-starting questions – and respond, make it interactive with contests, polls, don’t be afraid to give something away now and then, and use the same tactics you would on your regular site, including video; excellent, valuable content; and a user-friendly experience.

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Professional networking site LinkedIn has over 90 million members; unlike Facebook and other social sites, LinkedIn is geared towards professionals who want to advance their careers and create a strong network of business contacts. In contrast to Facebook, Twitter, and other social networking sites, LinkedIn is very targeted. It is no surprise, then, that the site is offering targeted, self-service pay-per-click ad campaigns that allow advertisers to narrow in on possible consumers based on job, company, or LinkedIn group associations.

In 2008, LinkedIn launched their original ad service, LinkedIn Direct Ads. This allowed advertisers to target consumers based on geography, industry, size of their company, job title, age, gender, and seniority. The added functionality allows an even more targeted approach. What is different – and better – about LinkedIn’s service is that the site only displays the ads to those who are most interested or most likely to purchase the products or services advertised. The success rate speaks for itself: these targeted ads have a click-through rate three to four times higher than other ads on the site.

The success rate does much to respond to criticism that LinkedIn ads are more expensive than those on other sites. The company says, “The deeper level of targeting ability offers advertisers more precision for their advertising dollar and greater return on investment.” While LinkedIn members typically spend less time perusing their profile and the site than do users of Facebook, the benefits are clear for advertisers.

Hit Search Ltd, a Liverpool-based search marketing agency, predicts that spending on PPC ads on LinkedIn alone will increase by an incredible 300 percent. Mobile platforms are going to play a central role, as well. “2011 will be a big year for advertising on social networks, with a year-on-year growth of 40 percent in social media advertising across all platforms.” Targeted ads is an effective strategy for online marketing campaigns.

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Social MediaIf you run a website or blog, you can’t help but run into the suggestion – or mandate – to incorporate social media into your business. Facebook, Twitter, LinkedIn…millions upon millions of internet users log onto these sites every day, and spend as much as several hours perusing them. But does social media really deliver in terms of driving traffic or converting that traffic to sales?

ForeSee Results compiled its Social Media Marketing Report by surveying about 100,000 visitors to the top 40 websites in the UK. The objective was to find out what led the visitors to the specific sites. Forty-six percent of respondents said that brand familiarity was their primary reason for visiting a site. Search engines led 13 percent to their sites. So, how many were driven via the social media train? About three percent, and another one percent from blogs.

These figures certainly seem to contradict the ubiquitous advice that all businesses need to be focusing attention specifically on social media strategies – but do they really? It can be countered that there is more than one route to a business site. For example, a consumer may see a product that piques his interest on Facebook. He then uses a search engine to find the specific vendor or business. In this way, social media has played a very important role, but one that isn’t necessarily accounted for in the survey.

Another issue with the study is that it did not look at the efficacy of the top 40 sites’ social media efforts. Boots, for instance, a retailer of pharmacy and health/beauty products, does not have a Facebook or Twitter account at all, which certainly skews the findings. John Lewis, another UK retailer, only just created a profile on Facebook. Apparel retailer, ASOS, by contrast, sees more than six percent of its traffic driven from Facebook and Twitter.

The lesson from ForeSee Results’ survey is not to jettison social media efforts, but instead to use them more effectively to drive traffic and convert sales.

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Social media trends indicate that online marketing is set to undergo a dramatic makeover. Businesses are increasingly integrating social networking websites into their marketing strategy. A recent study conducted by the Association of National Advertisers (a representative body of American marketers) revealed that 26% of marketers found trends in social media taking it towards further growth.

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Wow, just writing this headline makes me feel like I’m selling some scummy ‘get rich quick’ product. Don’t worry, I’m not. Don’t have 140 million customers yet? That’s okay too. This will probably work even if you only have a few customers.

Inspired by a recent Facebook calamity, I though I’d talk about one of the fundamentals of social media marketing.

facebook-calamity215First, about the calamity: Facebook recently made an update to their Terms of Service (the little link at the bottom of the page that no one ever read, until now). To summarize, the change indicated that Facebook could now use information and content uploaded to the site for as long as they wanted to. Previously, this section stated that, upon canceling an account, users’ personal information and content would be removed. A swift and fierce backlash across the social web forced Facebook to quickly revert back to the old Terms of Service while they reconsidered this move.

From a social marketing perspective, it’s important to pay attention to what has happened here. First, Facebook made a change to a policy that almost no one pays attention to. Next, a detail-oriented blogger drew attention to the change causing word spread quickly and uncontrollably across the web. Outrage on the social Web forced Facebook to almost immediately reconsider the change in order to prevent ill-will towards their network. A simple post, which took all of 30 minutes to write, announced Facebook’s decision helped them to regain much of the confidence of their customers.

At this point in time, the social Web has responded well to the quick response on the part of Facebook to reconsider. While some damage has been done, it’s nothing compared to the alternative where users on a large scale could have potentially moved on to another network offering more privacy. Companies like Facebook clearly understand that the power of the social web and yield to its demands. Do you?

All companies are subject to the same elements that effect social networks just like Facebook is. Consumers are commenting, rating, blogging and discussing purchase decisions long before making them. The worst thing a company can do is to not be involved in the communities where its potential customers are active.

Most importantly, ignoring negative feedback on the Web can destroy a company or brand’s reputation. It’s not enough to ‘be aware’ of what consumers are saying. In the previous example, Facebook could have just ignored the comments and stuck to their guns. I can’t say for sure what would have happened, but I can that the effects would have been damaging.

It’s pretty amazing how many marketers still ‘put earmuffs on’ every time they find a negative comment on the web. Many still discount the negative comments and continue feel good about the positive ones. Unfortunately, consumers do not behave this way. A single negative comment can be enough to keep a consumer from buying a brand of car, booking a hotel room or eating at a restaurant. Responding to feedback, both positive and negative, is most often the best approach to establishing prescience and showing you care. A response allows you to express to that customer, and other consumers, that you’ve heard the complaint and intend to address it in order to make future experiences better.

Do know what you’re consumers are saying about you? More importantly, have you responded to let them know that you’re paying attention?

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