When it comes to social media it appears that anything goes. If you are new to the social media world you could be easily led astray by bad blogs, social pages that resemble a place to vent frustrations, and sites that seem to jump on every popular topic of the day except what their site’s focus should be.
Take a look, instead, at some of the more solid social media presences out there and use them as a guide. You’ll want to bring business to your company through a professional brand image that instills confidence in your potential customers.
Look carefully at your target market when deciding which social media form to use. For example, if you sell restorative hardware for Victorian rehabilitation projects, your market will most likely make use of websites and social media pages with feeds from construction type companies with videos and photos.
If your company specializes in art prints, using links and twitter feeds pointing to your website might work well. Determine what type social media your likely customers would use and focus your attention there.
It will take patience to develop a following for your social media sites. Beyond building an awesome profile and putting out some very impressive blog posts, you’ll need to continue to give regular attention to your sites. By being a regular presence and building exponential numbers of followers, friends, and likes, you will in turn impress more newcomers to your site.
Communicate every day via your social media forms. When users see that you are monitoring your sites and responding on a regular basis, they form an impression of a busy and successful business presence.
The goal of social media as it relates to your business is to draw a customer base into your realm. People love social media because it allows them to give comments and receive feedback. It’s a means of connecting, so don’t hesitate to encourage discussion.
Spend a little time responding to comments, tweets, and emails each day, or hire someone who can do it for you in a professional manner reflecting the general principles of your company mission. Encouraging others to join in on conversations makes them feel part of your process.
These are 3 great ways to build loyalty to your brand, and grow your business from a small start up to a powerhouse presence in your market.
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Article Writing Tips and Ideas For Your Blog Blog posting ideas that could give you a boost as you’re running out of ideas. Writing blog posts and information for your website isn’t difficult at first. There’s so much…Why Use Social Media For Business Marketing? To fully understand why we need to use social media for business, we first need to understand what Social Media is….Filed under: Tips and Tricks
Get the details behind these stats and many, many more here in more than 40 of the best articles and blog posts about social media, search, budgeting and digital marketing research, facts and statistics of 2011 so far.
Social media sites now drive more traffic to many popular sites—including Comedy Central, NFL.com and Netflix—than Google does. Citing these and other statistics, Laurie Sullivan ponders the meaning of the term “search engine.” She quotes Wedbush Equity Analyst Lou Kerner, who has called Facebook “‘the second Internet,’ with time spent on Facebook and page views surpassing Google search.” Facebook has become the (far more successful) second coming of what AOL was back in the early 90s. As Mark Twain allegedly quipped, “History doesn’t repeat itself, but it often rhymes.”
David Erickson shares eMarketer findings about the popularity of online video among business executives. Among the findings: “Three-quarters of all executives said they watched work-related videos on business websites at least once a week, and more than half did the same on YouTube.” Nearly a quarter prefer video content to text. And nearly two out of three executives have visited a vendor’s website after viewing an online video elsewhere.
Pam Dyer reports on data from AddThis showing the top methods for sharing information from more than 300 options. Not too surprisingly, Facebook is the #1 method for passing along content, followed by email and then Twitter. Gmail and StumbleUpon are the fastest growing methods, however.
After pondering some of the differences between B2B and B2C marketing, J-P De Clerck shares data from MarketingSherpa showing that lead generation is (by far) the top priority for B2B marketers (with 78% saying that generating high-quality leads is their top priority) while budget increases are going overwhelmingly to inbound marketing tactics (with 60%+ spending more on content, social media and SEO).
Randy Schrum supplies some interesting social media statistics, such as: Twitter users post more than 65 million tweets per day. Over 2 billion videos are viewed every day on YouTube. And 73% of U.S. companies now use social media for marketing.
Arik Hanson lists social media stats from various sources showing that 75% of brand ‘Likes’ on Facebook come from advertisements. 22% of Fortune 500 companies have a public-facing blog that has at least one post in the past 12 months. Fridays at 4 p.m. eastern time (U.S.) are the most retweetable day/time of the week, per Dan Zarella of HubSpot. (I don’t buy that one, as in my experience, Twitter pretty much dies between noon on Friday and early Saturday morning.) 48% of Twitter users say they rarely or never check Twitter. (That I believe.)
Noting that “a blog is a focal point and acts as a base of operations for communications,” Jonny Bentwood details the benefits of business blogging as well as the growth stats: 39% of U.S. companies are currently using blogs for marketing purposes, up from 29% in 2009 and just 16% in 2007.
Observing that “social networking as a whole might be leveling off,” Jolie O’Dell explains which networks are still on the rise (e.g., Tumblr, StumbleUpon, LinkedIn) and which are declining (MySpace – there’s a shock, Friendster, Ning and Hi5) as well as sharing details about the demographics of several top social networks (e.g. Habbo users are the youngest, Plaxo’s the oldest, and LinkedIn’s the wealthiest).
Cynthia Boris shares research findings from ForeSee Results indicating that, across a cross-section of websites, less than 1% of visits come directly from a social media URL, though an additional 17% of visits are “influenced” by social media. That sounded low to me, so I checked some of the B2B technology client sites I manage. Their social media traffic ranged from 4% to 9% of total traffic. And nearly 15% of visits to this blog come from social media sources (including other blogs). So, check your own stats; your mileage may vary.
The always insightful Adam Holden-Bache reports that according to research from BtoB Magazine, “B2B marketers overwhelmingly favor ‘the big 3′ social media channels, with LinkedIn being the most-used channel (72%). Facebook (71%) and Twitter (67%) are close behind…Other channels used by B2B marketers include YouTube (48%), blogging (44%) and online communities (22%).” Although B2B marketers are increasingly using social media channels in their marketing and PR efforts, however, Adam notes that “75% of B2B marketers who conduct social marketing say they do not measure the ROI of their social marketing programs.”
Jim Ducharme demonstrates the increasing importance of social media for marketers based on the amount of time spent on such efforts. 58% of marketers devote six hours or more each week to social media, while 15% spend more than half their time with it. The amount of time spent tends to increase with experience. Preferences also shift: while Facebook is the top network of choice for those with one to three years of social media marketing experience, Twitter is the favorite tool of those who are more seasoned.
Karen Emanuelson shares research from HubSpot showing that there are 10.3 billion searches on Google each month; one-third of U.S. consumers spend at least three hours per day online; 9 out of 10 internet users visited a social networking monthly last year; more than half of all internet users read blogs at least monthly; and many more fascinating and useful statistics.
Lisa Arthur nets out research from MarketingSherpa showing that “the overall average social media ROI reported by CMOs who are measuring it is a whopping 95 percent. What’s more, nearly one-third (30 percent) of those in the survey reported a ROI of at least 150 percent!” Still, 54% of survey respondents identified “achieving or increasing measurable ROI from social marketing programs” as a top challenge, while 55% said the same for developing an effective social media strategy and 45% converting social media followers into paying customers. Most importantly, Lisa shares the study’s conclusion that “marketers who are new to social media tend to focus on “fast and easy” tactics…rather than on those that show a much higher level of effectiveness (blogger relations, SEO, e.g.). More advanced social media marketers work from a strategic plan and know that often the most difficult and time-consuming tactics are worth the extra effort because they are the most effective.”
Is there another tech bubble forming? Hard to say, but draw your own conclusion after taking a look at these possibly “over the top” valuations from Derek Thompson. Facebook was valued at $15 billion in 2007, but is expected to go public next year at a valuation of close to $100 billion. Valuation timelines and stats are also shown for Skype, delicious, Groupon, LinkedIn and Twitter.
The delightful B.L. Ochman breaks the news that “Only 44% of the Fortune 50 have any social media icons on their home pages, and 60% hide their Twitter streams. Call Inspector Clouseau if you want to find the rest. Kind of amazing considering the prevalence of social buttons of all types all over the web.” Just 30% include a Facebook icon on their home pages, and only 4% provide a blog link there. Most of these companies do include their social media links somewhere on their websites, but these are often buried on “about,” “contact” or investor pages.
Asking, “now that social has crossed the chasm, do brands need a dedicated social media agency?,” Avi Savar answers “yes” and explains why. What’s most interesting here though are the statistics showing the disconnect between why companies think consumers follow them in social media and why consumers actually interact with brands through social networks. The biggest disconnect: consumers say that discounts and purchases are their top reasons, while businesses place these at the bottom of the pecking order. 64% of businesses believe consumers follow them to “feel connected” to the brand, and 61% say it is to be part of a community. Just 33% and 22%, respectively, of consumers say they follow brands for those reasons.
Michele Warren reveals that “the most widely used social media channel for small and midsize businesses are company pages on Facebook (and) SMBs are ditching e-mail marketing in favor of social media advertising.” According to research from the SMB Group, 32% of small businesses have Facebook pages though just 18% use free tools like TweetDeck and only 3% are utilizing fee-based social media tools.
Jake Hird shares some interesting findings about web searchers, such as: 37% of people don’t know the difference between paid and organic search results (including 20% of 20-somethings). 20% of people say they click on paid search results “always” or “frequently;” 37% said “rarely” or “never.” 6% said they rarely or never click on organic search results (so why are they searching?!). 48% said that they click on a company or brand if it appears multiple times in the SERPs (which is why web presence optimization is so important) while 28% are more likely to click on results that include a video.” And contrary to results you may have seen elsewhere, “79% will go through multiple pages of results, if their query isn’t answered in the first page.”
Rob Garner reports that “Facebook has rapidly become a top PPC advertising vehicle,” and that advertising on LinkedIn, Twitter and YouTube–while still small compared with search advertising–is growing rapidly. In addition, “Three-quarters (74%) of North American agencies say their clients run PPC campaigns on Facebook. Three-fourths of companies (75%) use Twitter for brand promotion, and more than a quarter (27%) of companies now use LinkedIn specifically for PPC campaigns.” Note that these results are skewed toward larger enterprises and B2C advertisers. Social media advertising is still a relatively rare tactic among B2B vendors and in the SMB space.
Kate Maddox reports that after two years of budget cutting, 52% of marketers planned increased spending for this year. Customer acquisition is the top goal (69%) followed distantly by increasing brand awareness (18%). 79% of marketers planned increased spending on online marketing this year, far more than for any other tactical area. Breaking that out, 71% planned higher spending on their websites, followed by 68% on email, 63% on social media, 57% on search and 51% on web video. 69% of b2b companies now say they are using social media for marketing.
Adam T. Sutton summarizes MarketingSherpa survey results showing that website design and optimization is the top budget priority this year, cited by 69% of respondents as an area of increasing investment. Social media is a very close second, followed by virtual events / webinars, SEO, email marketing and paid search. The post also identifies the most effective tactic in each area: for example, the top tactic in SEO is on-page content optimization, while blogging is the most effective social media tactic.
Tom Pisello shares findings from SiriusDecisions research showing that industry analysts are viewed as the most trusted source of information by buyers during the B2B IT buying cycle, followed closely by peers. Vendors are viewed as the least credible source (ouch!). However, the “most-trusted sources” vary by stage of the buying cycle. In addition, the study found that “The most favored sources of content during the early stages of IT decision-making are white papers (64.4%), peer referrals (51.1%), webinars (48.9%), trials or demos (42.2%) and analyst reports (37.8%).”
Marta Kagan shares a dozen interesting marketing stats, among them: “78% of Internet users conduct product research online,” (seems low). A similar number check email on their mobile devices. Blogging is really important–57% of businesses have acquired a customer through their company blog, and businesses with blogs generate 55% higher web traffic. And my favorite: “200 Million Americans have registered on the FTC’s “Do Not Call” list. That’s 2/3 of the country’s citizens. The other 1/3, I’m guessing, probably don’t have a home phone anymore.”
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