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Social Media: A Must
  for Small Business
  A Primer for Busy Entrepreneurs
         and Professionals
Why is it important? The background
• Shift from Me Web to We Web
• Earlier, search for personalization, MyYahoo,
  iGoogle, YouTube. Names say it all.
• Blogs largely personal rants, not really discussion
• Friendster, Orkut were too early
• Eventually, desire to be social online.
• Technology caught up with the curve in early 21st
  Century
Why is it important? The research
• Nielsen: More time spent on social
  networking than e-mail
• Forrester’s “Future of Social Web”
• Groundswell
• Some companies already jumping way ahead
Social Media > E-Mail
• Nielsen report in April. Paradigm shift in
  consumer engagement.
• NY Times: Small businesses moving to social
  media. Marketer: Those who don’t adopt
  within a year will be left behind.
             “I hate to say it, but if they don’t, they’ll get
             left in the dust.”
                              -- Rob King, Sage North America
                                                     NYT, June 4
Future of Social Web


Five overlapping waves of online change:
• Social relationships (social networks)
• Social functionality (technology)
• Social colonization (Open IDs across sites)
• Social context (Sites serve by identity)
• Social commerce (Social networks supplant
brands/corporate sites/CRM systems)
When will this happen?
• 2010: Sites will begin to recognize personal identities
  and social relationships to deliver customized online
  experiences.
• In approximately two years, social networks will be
  more powerful than corporate Web sites and CRM
  systems, as individual identities and relationships are
  built on this platform.
  -- Future of Social Web       “The community will take charge,
                                and that's going to happen whether
                                    or not marketers or brands
                                    participate.” – Jeremiah Owyang
Groundswell
• Book from Forrester researchers
• Refers to transformation of
  business through social
  technologies
• Company blogs least trusted
• Social networking profiles (handled
  properly), consumer
  reviews/rankings far more trusted
Future is now: Just one example
 Volkwagen uses a
 consumer’s Twitter
 profile, analyzing it for
 keywords and then
 recommends a vehicle
 based upon that user’s
 Tweets. Far-fetched?
 Not all that different
 from Amazon
 recommending a book
 based upon your
 previous purchases.
Who uses social media?
• Avg. social networker goes to social sites five
  days a week, checks in about four times a day,
  total of an hour a day
• Super-connected (9%) stay logged in all day,
  constantly checking out what's new.
• 52% have followed or become a fan of at least
  one brand. 64% neutral on seeing messages
  from brands. 45% neutral to seeing more
  messages from brands
Who uses social media?
• 45% link only to family and friends. Another 18%
  will link only to people they've met in person.
• Only 10% will connect with anyone
• Only 15% said they go on social networks at
  work.
• Top three interests are music, movies and
  hanging out with friends.
• Four times more likely to use discussion boards,
  post videos or blog
Four types of social networkers
• Business users. LinkedIn and Twitter
• Fun seekers. Students and middle-aged
  reconnecting. Facebook.
• Social-media mavens. Power users whose lives
  are on social media. Twitter. (Lifecasting)
• Late followers. Middle-aged flocking to
  Facebook.
Latest on social networking
• Spending on social media marketing by
  companies will grow to $3.1 billion in 2014.
• More will be spent soon on social media
  marketing than for email or mobile.
• Moms on social media: 11% in 2006 to 63%
  today, a 462% increase
• Facebook 142% increase in ATL (Jan. 4-July 4)
• 513% jump on FB among 55-plus at same time
Who doesn’t use social media?
• Not tech-haters. Many use Web thoroughly.
  They say:
• Don’t have the time. But 22% will be using in 3
  months, another 27% in year.
• Don’t think it's secure. (1/3 are retired, may
  come around)
• Think it's stupid. (94% of this group will never
  use it)
But where do I start?
•   Blogs (not always social)
•   Social networking sites
•   Video sharing sites
•   Photo sharing
•   B-to-B social sites
•   Social sites created for profession (e.g.,
    LegallyMinded for lawyers)
Too many choices, what to do?
• Just choose the sites that make sense for you.
• What sites are others in your profession
  using? Competitors?
• Most important, your clients or customers.
But I’m too busy!!!
• Just commit to a small
  amount of time, M-F.
• Best beginner’s book:
  “Social Media Marketing:
  An Hour A Day” by Dave
  Evans
• Really 20 minutes daily
  once you get started.
A look at the major players
•   LinkedIn
•   Twitter
•   Facebook
•   MySpace
LinkedIn
• Atlanta 13th biggest user base in world
• 42 million users worldwide (however, growth
  flat)
• No. 1 social network for business
• Way to connect with others in your field
• Good way for entrepreneurs, professionals to
  market themselves
• More than just job recruiting service
Who uses LinkedIn?
• Males 57%, females 43%
• Highest average income, at $89,000
• More likely to have joined site for business, work
• Business networks, job searching, business
  development, recruiting
• News, employment information, sports, politics
• More likely to be into fitness, golf and tennis
• Like gadgets. Highest nos. in gambling, soap
  operas (12%, 11%)
LinkedIn tips
• Changes should be made to profile several times a
  week
• Search engine optimization, keywords
• Take advantage of functionality
• Link to sites/blogs, SlideShare, Events Calendar,
  Reading List, other apps
• Discussion groups, Q&As
• Powerful research tools, databases provide market
  research
LinkedIn Groups, Answers
• Establish your credibility
• Enhance status as thought leader, person to
  trust
• Answer questions from peers, customers
• Steer people to your blog or site.
• Important: Don't sell yourself or spam. Many
  do.
LinkedIn research tools
• Company profiles provide sources of clients,
  potential connections, avenues for introductions
• Learn more about who potential customers are
  and who to avoid.
• Can see movement of potential contacts
  between companies
• Make sure your company has a profile, so you
  can be found. Also enhances SEO.
My Top 5 LI Tips
• Add keywords everywhere (for search)
• Update regularly. Status. Ask questions.
  Answer questions. (Secret: You can use Ask
  Question to start discussion. Join me on blog.
  LI best as channel, not a destination site.
• Take advantage of the search functions.
• Important: Don't sell yourself or spam.
• Be brief. Not long, unless adding keyword
Twitter
• Atlanta 10th largest number of users in world
• Conversational, 140-character limit
• Knowledge exchange
• Share thoughts, content
• Make new connections around your brand or
  product
• Establish subject matter expertise, trust
Who uses Twitter?
• Super users. News, restaurants, sports,
  politics, personal finance, religion. Pop
  culture.
• More likely to buy books, movies, shoes and
  cosmetics online
• Most entrepreneurial. More likely than others
  to use it to promote their blogs, businesses
• Avg. income of $58,000. More p-t workers.
Twitter tips: 70-20-10 rule
• 70% of time should be sharing quality content
  from OTHERS
• 20% should be conversation/collaboration
  with others (some room for self-promotion
  here)
• 10% can be chit-chat, trivial details of your life.
  Makes you human and likable. Not the “eating
  a sandwich” cliché.
More Twitter tips
• Be active. Appear throughout day. (Don’t
  worry about night time.)
• You can use tools to write/schedule tweets in
  advance. Spead them out rather than multiple
  tweets at once.
• Respond quickly to re-tweets and replies.
  Don’t Direct Mail unless specifically
  requested.
• Tweets short enough so folks can re-tweet
Top 5 Twitter tips
• Be active. Avg. power user posts 108/wk
• Follow the 70-20-10 rule
• Use third-party tools for research – who are
  your users, what are their interests/concerns
• Use automation up to a point. Need to be
  social, not a machine.
• Be helpful to people, answer questions.
Facebook
• Atlanta No. 2 market in world
• 225 million users worldwide
• Massive growth among 55-plus, moms
• Huge, influential social networking site
• Can use as supplement to more business-
  oriented approaches on other social sites
• Use carefully for business
Who uses Facebook?
• Avg. interest level across news, etc. (because
  of large no. of users, no one special interest)
• More likely to be married (40%), white (80%)
  and retired (6%)
• They have the second-highest average
  income, at $61,000, and an average of 121
  friends
• Skew a bit older, more likely to be late
  adopters of social media
• Loyal to FB, 75% say it’s their favorite site
Facebook and Business
• Can create personal and business accounts
• Group or Fan pages
• Groups gather around topic
• Fan pages can focus on your service/business
• Once you have 100 fans, you can get custom
  Facebook URL -- facebook.com/your business
• Increased SEO, good for brand.
Top 5 FB tips
• If starting, think through strategy. Marketing
  thru biz account or social thru known people
• Can use Boxes area to add content, links
• If you create a Fan page, make sure you offer
  something to them – special offers, etc.
• Take advantage of vanity URLs for search.
• Use the box underneath photo to add
  something of value
MySpace
• Young, fun, but fleeing the site
• 67 million users worldwide, but in freefall
• Has been social, but just revealed new
  strategy to become entertainment portal
• Specific hobbies, longtime niches still there
• Not just kids, some parents there.
MySpace and Business? Don’t
• Avg. income the lowest, at $44,000
• More likely to be single (60%) and students
  (23%).
• Create profile only for SEO purposes. Search
  engines like it for now.
• Reputation not good for business. Garish
  pages, flashing images.
Success Stories -- LinkedIn
• Jim, an outsourced CFO, joined several LI
  discussion groups and posted regularly
• CEO of XYZ firm became unhappy with his
  outsourced CFO
• CEO had noticed quality of Jim’s posts and
  called Jim to hire him
• Connections lead to success
• Quality more important than number.
• Don’t get caught in numbers game.
Success Stories -- Twitter
• Cincinnati-area small firm made birdhouses
  out of recycled paper
• Started tweeting about birdhouses, green
  topics on Wednesday
• By weekend, Disney ordered 400 birdhouses
  for education program. Others followed.
• NYT soon featured a story on the business
• Company now has multiple product lines
Success Stories -- Facebook
• Companies – big and small – gaining trust,
  brand awareness through Fan or Group pages.
• Coke/Starbucks fan pages have large
  followings. Special offers, promotions.
• Entrepreneurs direct users to their sites,
  blogs, products
• Be careful not to sell directly to friends.
• Used appropriately, social relationships can
  lead to business relationships.
Keys to Success
• Social media alone can’t bring business
  success
• Work hand-in-hand with face-to-face time
• Risky or a waste of time if not done right
• Must have clear strategy and goals
• Be flexible to adopt new directions
• Don’t expect immediate results; it takes time.
Questions?
• Jay will help you make sense of
  social media with a strategy,
  implementation, and ongoing
  support.
• Contact Jay Knows Networking
  jay@jayknowsnetworking.com          Jay Scott
                                      Social Media Strategist

• Call to book Jay to speak at your
                                      404-558-5971



  next business gathering

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Social Media and Small Business

  • 1. Social Media: A Must for Small Business A Primer for Busy Entrepreneurs and Professionals
  • 2. Why is it important? The background • Shift from Me Web to We Web • Earlier, search for personalization, MyYahoo, iGoogle, YouTube. Names say it all. • Blogs largely personal rants, not really discussion • Friendster, Orkut were too early • Eventually, desire to be social online. • Technology caught up with the curve in early 21st Century
  • 3. Why is it important? The research • Nielsen: More time spent on social networking than e-mail • Forrester’s “Future of Social Web” • Groundswell • Some companies already jumping way ahead
  • 4. Social Media > E-Mail • Nielsen report in April. Paradigm shift in consumer engagement. • NY Times: Small businesses moving to social media. Marketer: Those who don’t adopt within a year will be left behind. “I hate to say it, but if they don’t, they’ll get left in the dust.” -- Rob King, Sage North America NYT, June 4
  • 5. Future of Social Web Five overlapping waves of online change: • Social relationships (social networks) • Social functionality (technology) • Social colonization (Open IDs across sites) • Social context (Sites serve by identity) • Social commerce (Social networks supplant brands/corporate sites/CRM systems)
  • 6. When will this happen? • 2010: Sites will begin to recognize personal identities and social relationships to deliver customized online experiences. • In approximately two years, social networks will be more powerful than corporate Web sites and CRM systems, as individual identities and relationships are built on this platform. -- Future of Social Web “The community will take charge, and that's going to happen whether or not marketers or brands participate.” – Jeremiah Owyang
  • 7. Groundswell • Book from Forrester researchers • Refers to transformation of business through social technologies • Company blogs least trusted • Social networking profiles (handled properly), consumer reviews/rankings far more trusted
  • 8. Future is now: Just one example Volkwagen uses a consumer’s Twitter profile, analyzing it for keywords and then recommends a vehicle based upon that user’s Tweets. Far-fetched? Not all that different from Amazon recommending a book based upon your previous purchases.
  • 9. Who uses social media? • Avg. social networker goes to social sites five days a week, checks in about four times a day, total of an hour a day • Super-connected (9%) stay logged in all day, constantly checking out what's new. • 52% have followed or become a fan of at least one brand. 64% neutral on seeing messages from brands. 45% neutral to seeing more messages from brands
  • 10. Who uses social media? • 45% link only to family and friends. Another 18% will link only to people they've met in person. • Only 10% will connect with anyone • Only 15% said they go on social networks at work. • Top three interests are music, movies and hanging out with friends. • Four times more likely to use discussion boards, post videos or blog
  • 11. Four types of social networkers • Business users. LinkedIn and Twitter • Fun seekers. Students and middle-aged reconnecting. Facebook. • Social-media mavens. Power users whose lives are on social media. Twitter. (Lifecasting) • Late followers. Middle-aged flocking to Facebook.
  • 12. Latest on social networking • Spending on social media marketing by companies will grow to $3.1 billion in 2014. • More will be spent soon on social media marketing than for email or mobile. • Moms on social media: 11% in 2006 to 63% today, a 462% increase • Facebook 142% increase in ATL (Jan. 4-July 4) • 513% jump on FB among 55-plus at same time
  • 13. Who doesn’t use social media? • Not tech-haters. Many use Web thoroughly. They say: • Don’t have the time. But 22% will be using in 3 months, another 27% in year. • Don’t think it's secure. (1/3 are retired, may come around) • Think it's stupid. (94% of this group will never use it)
  • 14. But where do I start? • Blogs (not always social) • Social networking sites • Video sharing sites • Photo sharing • B-to-B social sites • Social sites created for profession (e.g., LegallyMinded for lawyers)
  • 15. Too many choices, what to do? • Just choose the sites that make sense for you. • What sites are others in your profession using? Competitors? • Most important, your clients or customers.
  • 16. But I’m too busy!!! • Just commit to a small amount of time, M-F. • Best beginner’s book: “Social Media Marketing: An Hour A Day” by Dave Evans • Really 20 minutes daily once you get started.
  • 17. A look at the major players • LinkedIn • Twitter • Facebook • MySpace
  • 18. LinkedIn • Atlanta 13th biggest user base in world • 42 million users worldwide (however, growth flat) • No. 1 social network for business • Way to connect with others in your field • Good way for entrepreneurs, professionals to market themselves • More than just job recruiting service
  • 19. Who uses LinkedIn? • Males 57%, females 43% • Highest average income, at $89,000 • More likely to have joined site for business, work • Business networks, job searching, business development, recruiting • News, employment information, sports, politics • More likely to be into fitness, golf and tennis • Like gadgets. Highest nos. in gambling, soap operas (12%, 11%)
  • 20. LinkedIn tips • Changes should be made to profile several times a week • Search engine optimization, keywords • Take advantage of functionality • Link to sites/blogs, SlideShare, Events Calendar, Reading List, other apps • Discussion groups, Q&As • Powerful research tools, databases provide market research
  • 21. LinkedIn Groups, Answers • Establish your credibility • Enhance status as thought leader, person to trust • Answer questions from peers, customers • Steer people to your blog or site. • Important: Don't sell yourself or spam. Many do.
  • 22. LinkedIn research tools • Company profiles provide sources of clients, potential connections, avenues for introductions • Learn more about who potential customers are and who to avoid. • Can see movement of potential contacts between companies • Make sure your company has a profile, so you can be found. Also enhances SEO.
  • 23. My Top 5 LI Tips • Add keywords everywhere (for search) • Update regularly. Status. Ask questions. Answer questions. (Secret: You can use Ask Question to start discussion. Join me on blog. LI best as channel, not a destination site. • Take advantage of the search functions. • Important: Don't sell yourself or spam. • Be brief. Not long, unless adding keyword
  • 24. Twitter • Atlanta 10th largest number of users in world • Conversational, 140-character limit • Knowledge exchange • Share thoughts, content • Make new connections around your brand or product • Establish subject matter expertise, trust
  • 25. Who uses Twitter? • Super users. News, restaurants, sports, politics, personal finance, religion. Pop culture. • More likely to buy books, movies, shoes and cosmetics online • Most entrepreneurial. More likely than others to use it to promote their blogs, businesses • Avg. income of $58,000. More p-t workers.
  • 26. Twitter tips: 70-20-10 rule • 70% of time should be sharing quality content from OTHERS • 20% should be conversation/collaboration with others (some room for self-promotion here) • 10% can be chit-chat, trivial details of your life. Makes you human and likable. Not the “eating a sandwich” cliché.
  • 27. More Twitter tips • Be active. Appear throughout day. (Don’t worry about night time.) • You can use tools to write/schedule tweets in advance. Spead them out rather than multiple tweets at once. • Respond quickly to re-tweets and replies. Don’t Direct Mail unless specifically requested. • Tweets short enough so folks can re-tweet
  • 28. Top 5 Twitter tips • Be active. Avg. power user posts 108/wk • Follow the 70-20-10 rule • Use third-party tools for research – who are your users, what are their interests/concerns • Use automation up to a point. Need to be social, not a machine. • Be helpful to people, answer questions.
  • 29. Facebook • Atlanta No. 2 market in world • 225 million users worldwide • Massive growth among 55-plus, moms • Huge, influential social networking site • Can use as supplement to more business- oriented approaches on other social sites • Use carefully for business
  • 30. Who uses Facebook? • Avg. interest level across news, etc. (because of large no. of users, no one special interest) • More likely to be married (40%), white (80%) and retired (6%) • They have the second-highest average income, at $61,000, and an average of 121 friends • Skew a bit older, more likely to be late adopters of social media • Loyal to FB, 75% say it’s their favorite site
  • 31. Facebook and Business • Can create personal and business accounts • Group or Fan pages • Groups gather around topic • Fan pages can focus on your service/business • Once you have 100 fans, you can get custom Facebook URL -- facebook.com/your business • Increased SEO, good for brand.
  • 32. Top 5 FB tips • If starting, think through strategy. Marketing thru biz account or social thru known people • Can use Boxes area to add content, links • If you create a Fan page, make sure you offer something to them – special offers, etc. • Take advantage of vanity URLs for search. • Use the box underneath photo to add something of value
  • 33. MySpace • Young, fun, but fleeing the site • 67 million users worldwide, but in freefall • Has been social, but just revealed new strategy to become entertainment portal • Specific hobbies, longtime niches still there • Not just kids, some parents there.
  • 34. MySpace and Business? Don’t • Avg. income the lowest, at $44,000 • More likely to be single (60%) and students (23%). • Create profile only for SEO purposes. Search engines like it for now. • Reputation not good for business. Garish pages, flashing images.
  • 35. Success Stories -- LinkedIn • Jim, an outsourced CFO, joined several LI discussion groups and posted regularly • CEO of XYZ firm became unhappy with his outsourced CFO • CEO had noticed quality of Jim’s posts and called Jim to hire him • Connections lead to success • Quality more important than number. • Don’t get caught in numbers game.
  • 36. Success Stories -- Twitter • Cincinnati-area small firm made birdhouses out of recycled paper • Started tweeting about birdhouses, green topics on Wednesday • By weekend, Disney ordered 400 birdhouses for education program. Others followed. • NYT soon featured a story on the business • Company now has multiple product lines
  • 37. Success Stories -- Facebook • Companies – big and small – gaining trust, brand awareness through Fan or Group pages. • Coke/Starbucks fan pages have large followings. Special offers, promotions. • Entrepreneurs direct users to their sites, blogs, products • Be careful not to sell directly to friends. • Used appropriately, social relationships can lead to business relationships.
  • 38. Keys to Success • Social media alone can’t bring business success • Work hand-in-hand with face-to-face time • Risky or a waste of time if not done right • Must have clear strategy and goals • Be flexible to adopt new directions • Don’t expect immediate results; it takes time.
  • 39. Questions? • Jay will help you make sense of social media with a strategy, implementation, and ongoing support. • Contact Jay Knows Networking jay@jayknowsnetworking.com Jay Scott Social Media Strategist • Call to book Jay to speak at your 404-558-5971 next business gathering