Jun
16th

Top 5 Reasons Businesses Should Use Social Media

Posted by Leah on June 16, 2010 at 1:50 pm

Facebook, Twitter, YouTube, LinkedIn… facebook costume

You’ve heard these (ridiculous) words over and over again during your marketing meetings – heck, you may even have a personal account in one of these social networks – but that doesn’t mean you know why you should utilize these bad boys for your business. Let me lay it out on the table for you. Below are the top five reasons your company should be using social media.

5. Ignorance is not bliss.

People are talking about your company behind your back.

You reply: “Gasp! What?! How could that be? We’re so nice!”

Well guess what sister, most people don’t give a rip about your business – your customers owe you nothing. The fact of the matter is people are complimenting and complaining about your business on all of the aforementioned social media networks. Good or bad, your business should be there to either thank them for their compliments or be there to rectify the situation when the you-know-what hits the fan. Ahem, @BPGlobalPR.

As opposed to having a super peeved customer groaning about your business on Facebook for all his 500 friends to see, and then having those friends either “Like” or comment about his bitchfest, which could in turn spread the complaint virally across the nearly 500 million registered Facebook users – you could, rather, rectify the situation before it turns into wildfire. By having a presence in social media networks and addressing the issue at hand directly with the person, this not only makes you aware of the situation but it may very well save you a customer.

Loyal customers are hard to come by and if you have them you should consider yourself and your business very lucky. Make regular customers loyal, and your loyal customers evangelists.

4. Get feedback.

OK, so we learned the importance of being proactive in social media networks when it comes to learning about how your business is perceived. Now it’s time to understand that utilizing social media will help generate useful feedback. I completely agree with Robert Scoble in that you should never let your customers run your business:

“My former boss, Jim Fawcette, used to say that if you asked a group of Porsche owners what they wanted they’d tell you things like ’smoother ride, more trunk space, more leg room, etc.’ He’d then say ‘well, they just designed a Volvo.’”

However, good feedback can be priceless. Just ask @comcastcares.

comcast tweet screenshotcomcast tweet screenshot

3. Humanizing your business.

A business’s personality should branch beyond the company logo. Fortunately, social media allows for companies to consistently showcase the people behind the brand. Take advantage of it. People will respect your business more.

@Starbucks actually designates some chap named Brad to handle all its Twitter marketing. That way, Starbucks’ Twitter followers know they are communicating with an actual person – in this case Brad.

starbucks twitter profile

Those human communications help prove to your customers that your company isn’t just an office building or a pretty website; your company is run by people. That human element further connects your customers to who you are as a company, which in turn creates more trusting and loyal customers.

2. Money in the bank.

You may have heard many social media evangelists, gurus, ninjas or whatever noun is the hot new qualifier, say that social media is all about engagement – not sales. I beg to differ. Any business owner will tell you that at the end of the day, it’s about the bottom line. It’s always about the bottom line.

That’s not to say that engagement isn’t important. It’s an extremely important aspect of social media. But that doesn’t mean sales shouldn’t be taken seriously.

Currently, it is more difficult to track sales referred from social media as opposed to SEO or PPC. However, as social media tools continue to become more advanced each day, it is becoming easier to track not only sales, but other important metrics within your social media profiles.

1. Transparency.

Your mother probably told you that honesty is the best policy. And she was right. People are totally over BS and you can blame social media for it. Like it or not, social media has forever changed the way we interact. That means you – as a business owner or marketing professional – need to be part of that transparent interaction.

What do you think of these top 5 reasons? Did we miss any? Share your thoughts in our comments section.

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Apr
21st

LinkedIn Launches New Link Sharing Features

Posted by Keirsun on April 21, 2010 at 11:28 am

Starting today, LinkedIn is making it easier to share news stories and other links via your LinkedIn homepage.

The new LinkedIn share tool functions a lot like Facebook’s publisher tool. As you can see in this screenshot, its simple to attach a web page that you want to share, in addition to choosing if you want to share with anyone on LinkedIn or just your connections.

linkedin share tool screenshot

LinkedIn has also released a short video explaining how to share content and why it’s important to do so.

noflash

More details about the new sharing feature are highlighted on the LinkedIn Blog.

Are you a LinkedIn user? If so, will you use this new feature to share news and other links with your LinkedIn network?

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Feb
23rd

LinkedIn Reviews Interesting Financial Job Trends

Posted by Leah on February 23, 2010 at 2:41 pm

“The economy” – two words all of us have heard thousands of times over the last two years.

Those two words have also been somewhat synonymous to the United States financial industry.

Recently, LinkedIn decided to look at the trends of people within the financial industry to see if they could find any gems of information. Here’s what LinkedIn found:

“We saw substantial spikes in user activity for the following 5 companies during major financial events:

  • Barclays
  • Credit Suisse
  • Citigroup
  • Bank Of America
  • JP Morgan Chase

Each of these firms saw an increase in the LinkedIn activity of their employees, measured by member registrations or updates to the individual’s company title on LinkedIn.”

Most of this activity stemmed from the acquisition of Merill Lynch by Bank of America, and the Lehman Brothers bankruptcy.

With all those changes happening in the financial industry, LinkedIn asked: “Where did all these employees go?”
linkedin analytics

According to the trend reports, Barclays was the biggest beneficiary, obtaining 10% of the laid off workforce from Lehman Brothers, Bear Stearns, and Merill Lynch. Followed by Credit Suisse at 1.5% and Citigroup at 1.1 %.

Although this is no up-to-date “Twitter Trends” – I’d like to see LinkedIn provide more information like this, especially during times of major change in the job industry like we’ve seen.

What do you think?

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Nov
10th

LinkedIn and Twitter Come Together in Perfect Harmony

Posted by Leah on November 10, 2009 at 10:41 am

chocolateandpeanutbutterChocolate and peanut butter is the perfect combination according to Twitter co-founder Biz Stone. He recently compared this beloved combo to the likeness of the recent Twitter partnership with LinkedIn.

Yesterday, LinkedIn announced on its blog that Twitter users can now link their accounts to their LinkedIn profiles so when you tweet, it updates your LinkedIn status, and vice versa.

Biz Stone said, “The business use case of Twitter is turning out to be very important.”

I agree.

This partnership will allow for Twitter/LinkedIn users to cast a wider net when posing business related questions to their connections and followers like ‘Does anyone have a good recommendation for a digital marketing company?’

According to the LinkedIn blog, the feature will roll out over the next few days so you may not see the option for either profile just yet.

I’m looking forward to this new feature (as soon as it’s available to me…ahem!) as before I never used the status update option much on LinkedIn, but now that it’s connected to Twitter, it’ll be easier for me to let my connections know what’s happening.

Were you able to connect your LinkedIn profile to your Twitter account? What do you think?

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Oct
30th

StraightUpSocial News Links for 10/30/2009

Posted by Keirsun on October 30, 2009 at 8:40 am

Facebook Rewrites Privacy Policy, Foreshadows Location Based Services

Jason Kincaid at TechCrunch brings us up to speed on proposed changes to Facebook’s privacy policy, including language that alludes to location-related features on the social network.

Is the LinkedIn Platform Dead?

Om Malik at GigaOm critiques LinkedIn’s lack of social application development after the professional network opened its platform to developers approximately one year ago.

12 Awesome Social Media Halloween Pumpkin Carvings

And for a bit of pre-Halloween fun, Ryan Deal at Mashable shares “12 great social-media-inspired pumpkins” to celebrate the holiday.

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