How to Leverage Social Media for Public Relations Success Using Social Media to Generate Media Coverage and Improve Brand Sentiment By: Pamela Seiple 2 How to Leverage Social Media for Public Relations Success Contents 1. Introduction 3 2. Generating Media Coverage 4 a. Media & Blogger Relations 4 b. The Inbound Marketing News Release 10 c. The Company Blog 14 d. The Social Media Newsroom 16 3. Social Media Monitoring & Crisis Communication 18 4. Value of Awards & Speaking Engagements 20 5. Customer Relations & Evangelism 22 6. Employee Relations 24 7. Measuring the ROI of Public Relations 26 Tweet This Ebook! 3 How to Leverage Social Media for Public Relations Success 1. Introduction Without a doubt, the web and social media are making it easier for businesses to communicate with their publics. At the same time, where there used to be a clear delineation between marketing and public relations, the impact of the web has resulted in a blurred line between the two industries. Some would argue that this is leading to the “death” of public relations. On the contrary, the web is actually helping to enhance the efficiency of the PR industry. So how can you incorporate social media and inbound marketing to enhance your business‟ PR efforts? This ebook will discuss major topics under the umbrella of public relations and explain how you can successfully incorporate social media and internet marketing tools and strategies to improve your business‟ public relations efforts in those areas. Why PR Will Always Be Important Public relations has been around for almost 100 years and won‟t be knocking on death‟s door anytime soon. Put simply, public relations is the practice of managing communication between a particular organization and its publics. Any given organization has a number of publics. Whether it‟s by communicating with prospects, customers, media, investors, the government, or even internally with employees, PR is something that businesses will always need. Why Social Media Participation is Critical for PR People have always said good – and bad – things about brands, and now that social media has risen in popularity, it means people have another platform to talk about your company and products/services. The major difference, however, is in the viral nature of this platform. When someone mentions your brand in social media, there is much more potential for other people to notice, and it‟s monumentally easier for conversations to spread much more quickly and easily. In addition, these conversations have the potential to reach a much larger audience than ever before. If your company is not participating in social media today, it‟s missing an opportunity to spread its message and missing valuable – and even damaging – conversations that could be taking place about your brand. Tweet This Ebook! 4 How to Leverage Social Media for Public Relations Success 2. Generating Media Coverage Media & Blogger Relations: Communicating With the Media and Generating Coverage While media relations is only one silo of public relations, it‟s the topic that‟s most often thought of when public relations is mentioned. Obtaining coverage in media publications (TV, radio, podcasts, online video, newspapers, magazines, online news sites, blogs, etc.) is a great way to spread the word about your business and its products/services. Where advertising is paid placement in media publications, PR coverage is free, thirdparty validation, which often results in more credibility for your business. So how do you secure coverage in these publications and media, and how can social media help you do this? Tactic 1: Connect & Develop Relationships With Influencers in Social Media One of the best ways to land a mention (or maybe even a feature!) of your business in the media is to start by connecting with the journalists, reporters, bloggers, and influencers who cover topics in your industry. Luckily, the web and social media are great facilitators of this. Whereas you previously had to go through mass media to get your message across, the web and social media now give you access to a whole slew of influencers with which you can easily interact and develop relationships, all by yourself. By communicating with these influencers, you can ensure your business is top-of-mind when an opportunity for a story comes along. Below, we‟ve highlighted some great ways social media can help you build relationships with influencers. Twitter Are you aware that many journalists, reporters, and bloggers make themselves available on Twitter? Using Twitter is a great way to introduce yourself and your company to the media. But how do you find the influencers in your industry on Twitter? One way is to look for influential blogs in your industry (use blog search engines like Technorati), subscribe to them, and start following their authors on Twitter. Tweet This Ebook! 5 How to Leverage Social Media for Public Relations Success Another way is to start following journalists who target your industry. Then start tweeting with them, but don‟t oversell your business or product. Develop relationships by tweeting about an article of theirs you enjoyed or ask how they feel about a particular topic on which they write. Sometimes reporters will also use Twitter to broadcast that they‟re seeking subjects or sources for a particular story they‟re writing. If it‟s a fit for you, reply! Twitter Tools for Finding Influencers: Twitter Grader: Twitter Grader is one of our free Grader tools that can help you find the top Twitter users by location and also measure the authority of a particular user. Muck Rack: Muck Rack is a free website that enables you to search for and locate journalists by source (publication) or by beat (topic). JournalistTweets: This free site curates tweets from journalists and allows users to filter journalists on Twitter by industry. Facebook & LinkedIn Facebook and LinkedIn are great ways to maintain relationships with media, but beware: These tools are a little bit more personal than Twitter. Don‟t start “friending” every reporter you find in your industry. Instead, use Twitter as a way to initiate and grow the relationship. Once the relationship exists, consider connecting on Facebook and/or LinkedIn. BatchBook Although it‟s not a free tool, BatchBook is a great way to keep track of your communication with influencers. Its core function is to serve as an address book that you can use to keep contact information (including social media credentials) for people (e.g. the journalists or bloggers you connect with), but it also allows you to keep track of any email or other communication so you have a record of who you‟ve been in touch with. Tweet This Ebook! 6 How to Leverage Social Media for Public Relations Success Tactic 2: Pitching We could write a separate ebook on the topic of pitching. The results of pitching really depend on the time and effort you put into it and can be very hit or miss. You could end up with some really great coverage, or you could end up spending many hours of your time with no results. If you‟d like to spend some time pitching to journalists and bloggers, here are a few key points to consider: Stay Targeted: Know the journalist/blogger and the beat(s) and topic(s) he or she covers. One of journalists‟ and bloggers‟ biggest pet peeves is getting pitched about something that doesn‟t coincide with what they write about. Don‟t spam them. It‟s a surefire way to end up on a blog like the Bad Pitch Blog, and no one wants that kind of exposure. Before you pitch people, spend the time to get to know their style and the topics they write about. Make sure you read their content, and, when appropriate, leave comments. This will show them you‟ve done your homework, are already engaged with their work, and will also help you make decisions about which journalists are appropriate for what you‟re pitching. There are paid services out there (Vocus and Cision – formerly Bacon‟s – are the most popular ones) that offer monster databases that keep an accurate tab on the contact information for various journalists who write for different publications and what their specific beats are. If you‟re serious about pitching, these can be great resources, as it‟s often difficult and time-consuming to find contact information for specific journalists on your own, and sending a pitch to the newsroom‟s „[email protected]‟ email address is both ineffective and untargeted. Don’t Pitch the Same People Repeatedly: Don‟t keep pitching the same journalists and bloggers over and over again. That said, also don‟t assume that because a journalist or blogger has previously covered your, they‟ll want to do it again. Segment your targets and only pitch people who are very appropriate for the story you‟re pitching. The next time you pitch for something different, target different people. Brevity Is Key: Your initial pitch shouldn‟t be long, and you should avoid email attachments. Journalists often don‟t have time to read pages and pages of email or even press releases. Your initial pitch should be short, sweet, compelling, and highlight the key points you‟re trying to make as well as why that journalist should want to cover it. If they‟re interested, they‟ll request additional, more detailed information on their own. Have Something Interesting to Offer: What‟s new and different about your story? Is it particularly timely? Have an angle, and make it interesting. Personalize It: Show your target you‟ve done your homework. Mention specific reasons why what you have to offer will benefit his or her readers. Tweet This Ebook! 7 How to Leverage Social Media for Public Relations Success Help a Reporter Out (HARO) is a great tool that helps to connect journalists‟ story needs with PR professionals who might be great sources. PR practitioners can register for a thricedaily email that highlights queries submitted by journalists looking for sources on specific topics or stories. PR folks can then scan the email and instantly reply to any appropriate queries. HARO is especially helpful for businesses that are interested in reaching out to journalists but can‟t commit a lot of man-hours to pitching. Be mindful, however, that HARO has dramatically increased in popularity since its launch, and that for any given query, journalists could be receiving a very large number of responses. Therefore, it‟s extremely necessary that you not respond to a pitch unless it‟s appropriate, and try your best to make your pitch stand out. Even if your pitch doesn‟t end up getting selected for a particular story, journalists often put rejected pitches in their back pockets for future story ideas that might be more appropriate. Additional Resources: ReportingOn YourPitchSucks Tactic 3: Using Creative Content as an Outreach Tool At HubSpot, we‟re firm believers that creative content is often king. Content has the ability to showcase your company as an industry thought leader, in addition to having some major SEO, social media, and lead generation benefits. In terms of public relations, content also has the ability to get you some media coverage. It‟s simple, really. By creating something interesting, compelling, or even funny, people will naturally want to talk about it, share it with their friends, or even write about it – no pitching required. Think about why videos go viral. It‟s not because someone spent a lot of time crafting an amazing pitch to a journalist. It‟s because the content itself was so remarkable, people couldn‟t help but spread it. Not convinced? Here are a few tactics and examples of how and which types of creative content can lead to media coverage: Tweet This Ebook! 8 How to Leverage Social Media for Public Relations Success Create Fun, Interesting Content In 2008, we did an experiment at HubSpot and released the first-ever, inbound marketing music video entitled “You Oughta Know Inbound Marketing.” Without using a fancy PR campaign, strategy for the launch consisted of tweeting about the video and sharing it through HubSpot‟s social media channels like Facebook, LinkedIn, YouTube, etc. We also utilized some of our relationships with influencers (see previous section on media relations) by “pinging” them. In other words, we sent links to the new video via short emails or even tweets and direct messages on Twitter to bloggers with whom we were already friendly. The result was 43 blog placements in 12 days, 19 of which were written on the same day as the video‟s launch. The video wouldn‟t have been such a success had no one liked it. The quality and creativity of the content is what made it excel. What kind of interesting, fun content can you create? A funny video? An interesting infographic? A clever cartoon? Publish Interesting Industry Data & Research Many of the media mentions HubSpot receives are due to the data and research we publish. One example of this is our annual State of the Twittersphere report, which we‟ve been publishing since 2008 and compiles and discusses data we‟ve collected from our Twitter Grader tool. Our strategy for releasing this report is similar to our strategy for releasing our first inbound marketing music video – by simply sharing it on Tweet This Ebook! 9 How to Leverage Social Media for Public Relations Success our blog, via social media, and “pinging” a few influencers who might find the data interesting. These reports have resulted in coverage and mentions from countless media sources, including major publications such as the Los Angeles Times, TechCrunch, Mashable, GigaOm, the blogs of prominent industry bloggers like Brian Solis and a TV segment on NECN. Earlier this year, the website Suitcase.com conducted a survey about how increased baggage fees and tightened security regulations are affecting consumer behavior and found that over half of respondents are planning to travel lighter and check fewer bags. With the results of the survey, they compiled a report and created a landing page about it on their website. Because the results of their research were so compelling and interesting, the report was subsequently featured in an article on ReadersDigest.com. Promote Content in Social Media As we mentioned, social media is a great vehicle to spread your messages and share your content. If your company doesn‟t have a corporate Twitter account or a Facebook Fan Page, it‟s a good time to think about starting them. In addition to helping promote your content, maintaining a presence on these sites is extremely beneficial to helping manage your business‟ public relations. We‟ll dive deeper into this later. Is there an opportunity for your business to publish some data or research on a particular topic in your industry? Do you have a sample of customers you can survey to produce a unique report? Tweet This Ebook! 10 How to Leverage Social Media for Public Relations Success The Inbound Marketing News Release Press releases have long been a staple in public relations practitioners‟ toolkits. But now that the web has begun to revolutionize PR and marketing, there‟s been a lot of discussion about press release best practices. For example, you may have heard talk about the Social Media News Release (SMNR), a concept introduced by PR agency SHIFT Communications. While the SMNR is a step in the right direction toward making news releases work better for your business on the web, distributing these types of releases via wire services can often be pricey and ineffective. Therefore, to help PR pros get the most out of their news releases, at HubSpot we recommend what we like to call the Inbound Marketing News Release, which is a style of news release we‟ve developed based on careful research. The Inbound Marketing News Release is a new way to think about press releases and has a heavy focus on search engine optimization and optimizing your releases from that standpoint. The study we conducted to come to this conclusion compared the traditional style release to the social media release over multiple wire distribution services with the goal of learning how to optimize press releases for maximum PR benefits. Let‟s take a look at the research, conclusions, and our recommendations for creating an effective Inbound Marketing News Release. You can also watch the webinar that explains the research and results. Possible Goals for Creating News Releases PR professionals create news releases for a number of different reasons. Here are some of the top ones: Generating traffic to your website Getting journalists and/or bloggers to write about your company‟s story Publishing “ceremonial announcements” over the wire Building inbound links and increasing SEO to help your website rank better in Google and other search engines Key Results of HubSpot‟s Research Based on our research, we found that: Traditional releases syndicated 20% more often than social media news releases. Tweet This Ebook! 11 How to Leverage Social Media for Public Relations Success Links were syndicated 14% more often from traditional releases than they were from social media news releases. Not all anchor text links are syndicated. As you can tell from these results, the traditional style release actually did much better than the social media release in terms of syndication in general and in syndicating links. This is due in part because many portal sites (websites that syndicate releases in full) don‟t support anchor text, links, or multimedia elements such as embedded video, photos, or audio. News Release Best Practices Based on our research as well as other news release best practices, we recommend the following guidelines when crafting news releases. Regarding Content and Format: Be direct and concise. Don‟t beat around the bush. The press release market is already very saturated, and journalists and bloggers can‟t read every release that crosses the wire. Making your release focused and to-the-point will give it a better chance for survival. Have something worth saying. Don‟t write a news release about nothing. Keep in mind that not every bit of company news is worthy of a release (It can get expensive!). Before you sit down to write a news release, make sure you have something interesting to communicate. Write using a newsworthy angle. Tying in your news with some kind of newsworthy angle or story will increase its chances of catching a blogger‟s or journalist‟s attention. Is it particularly timely? Does it fit in with some kind of hotbutton issue in the news? Angle your company‟s story in a way that might make it more appealing to bloggers and journalists and, thus, more interesting to write about. Conduct keyword research to discover your best keywords. Use Google‟s Keyword Tool to help you decide on which keywords to focus. Then use those keywords in your release, especially in anchor text. This will help in terms of SEO. Use a descriptive headline, and limit it to 80 characters or fewer. Lengthy headlines often get cut off on portal sites. In addition, because search engines treat a news release‟s headline as an H1 (Header) tag, it‟s beneficial to also make your headline keyword-rich. Tweet This Ebook! 12 How to Leverage Social Media for Public Relations Success Limit your release to 300-500 words. All wire services we spoke with during our research agreed that this was the ideal length for a release. A longer release is a sign of verbose content, and a lengthy release also hinders its ability for syndication. Eliminate Gobbledygook: Gobbledygook, a term coined by viral marketing strategist David Meerman Scott, is jargon, clichés, and over-used, hype-filled words that no longer mean anything. Eliminate these words from your releases. (Examples include “cutting-edge,” “flexible,” “easy-to-use,” “innovative” etc.) Remember, because news releases are now syndicated on the web, the media aren‟t the only ones who will come across your news. Therefore, you should communicate in words everyone can understand. Don’t use formatting bullets. They rarely get syndicated. Include your logo. It may not get syndicated, but it won‟t hurt either. Don’t embed multimedia elements. Instead of embedding a video or photo directly into the release, publish it somewhere on your own website (such as on your company blog), and link to it in the release. This will save you money as well as drive traffic to and centralize interaction on your own website. Regarding Links: Put the most important link at the beginning. Some portal sites will automatically cut off your release after a certain word count. For the best chance of generating traffic back to your site, include the link to which you want to generate the most traffic early on in the release. Always use anchor text. Not all portal sites will syndicate anchor text links, but for the ones that do, you‟ll receive maximum SEO benefit from inbound links utilizing anchor text. Use full URLs next to anchor text links for important links. Don‟t do this for every link, but do use it for the one to which you really want to drive traffic. This will ensure that the URL still gets pulled in when portal sites won‟t syndicate anchor text (example below). Tweet This Ebook! 13 How to Leverage Social Media for Public Relations Success Don’t repeat links or anchor text. (The guideline above is the only exception to this.) Repeating links or anchor text within your release will dilute the value of the links in the eyes of search engines. Don’t litter your release with links. Search engines will frown upon very linkheavy releases. For a 300-500 word release, 3-4 anchor text links is appropriate. Link to internal pages, too. Are you trying to generate some traffic or SEO authority to other pages on your site besides your homepage? Link to these pages within your release. (Example: http://www.hubspot.com/marketingresources) When possible, make anchor text the same as your page title. This will place increased emphasis on that link for search engines. (Notice how the page title below matches the link and anchor text from the above news release example.) Recommended Wire Services: Marketwire Business Wire PR Newswire PRWeb Additional Resources: Press Release Grader (grade the effectiveness of your press releases) Gobbledygook Grader (check your content for gobbledygook) PitchEngine (build social media news releases) Social Media News Release template from SHIFT Communications Live Weekly Press Release Optimization Webinar Press Release Marketing Kit On-Demand Webinar: How to Be Smarter Than Your PR Agency – Research on Creating News Releases That Work Tweet This Ebook! 14 How to Leverage Social Media for Public Relations Success The Company Blog As we mentioned earlier, creating content is a great PR outreach tool for generating media coverage. Distributing news releases via a wire service might not be worth doing for every bit of news (especially if you‟re not using a free service, which can get expensive), but publishing articles on a company blog is a great way to share all of your company news. If you already have a blog through which you exhibit thought leadership, don‟t dilute it with company-centric information that could reduce the quality and credibility of the educational, industry-related content you publish there. Instead, consider creating a completely separate blog for company news, product updates, etc. Here are some great ideas for how you can use your company blog to spread your messages. Publish Blog-Friendly News Release Content: Consider repurposing your news release content for your company blog by making it less formal and more conversational in tone. You can also include a link back to the article from the original press release to drive traffic back to your site. (We talk more about this in the previous section about the Inbound Marketing News Release.) Publish Other Company News, Updates, or Achievements: Is your CEO speaking at an upcoming industry conference? Did you recently win an award? Use Tweet This Ebook! 15 How to Leverage Social Media for Public Relations Success your blog to share news of your company‟s achievements, but be humble when talking about yourself. Communicate Product/Service Launches or Updates: Did you recently tweak something in your product or add a new service offering? Communicate it to your customers, prospects, and fan base with an article on the blog. Demonstrate Your Company’s Unique Personality: Did you recently hold a fun company-wide event like a scavenger hunt, a holiday party, or a softball tournament? Write about it! Even better: Create a corporate Flickr account, upload pictures from the event and embed a slideshow into the blog post. People will love getting to know the people and culture that make your company‟s gears turn. Include Social Media Share Links: Give the readers of your blog an easy way to share articles with their networks and spread your messages. Include social media share links on every article to enable readers and subscribers to spread your article on social media sites like Twitter and Facebook. Improve SEO: Like any blog, a company blog can have great search engine optimization benefits. In addition, influencers are always looking for story ideas, and writing an article about something unique will get indexed in search engines. Who knows – your article just might pop up as a result in Google for a story for which a journalist needs sources. Then he or she might come right to you. Talk about inbound PR! Tweet This Ebook! 16 How to Leverage Social Media for Public Relations Success The Social Media Newsroom Are you making it easy for journalists and bloggers to learn about your company, its products/services, and who to contact for additional information? It‟s a best practice to have a page on your website where the media and bloggers can go to easily obtain this information. Below are some tips for creating an effectives social media newsroom for your website. Provide Clear Media Contact Info at the Top: Sometimes a journalist or blogger is simply looking for someone to talk to. Don‟t bury this information. The last thing you want is a journalist losing interest because he or she can‟t find contact information. Instead, clearly position it at the top of your newsroom, and include multiple methods of communication – an email address, a phone number, even a Twitter handle! Links, Links, Links: Instead of cluttering your page with tons of information, include links to other pages on which you expand upon certain information. For example, if you‟d like to showcase your award wins or the media coverage you‟ve generated, provide links to separate pages you‟ve built to house that information. Incorporate Social Media Elements: Your newsroom is a great spot to aggregate the various places your company maintains a presence in social media. Include links to your Facebook Fan Page, your company‟s Twitter feed, Flickr account, YouTube channel, LinkedIn page, etc. Tweet This Ebook! 17 How to Leverage Social Media for Public Relations Success Include Interactive Elements: People like to absorb information and be stimulated in different ways. Give your visitors variety. Some ideas include embedding a video overview of your company or product, including eye-catching icons and photos, or including links to audio (e.g. a podcast interview featuring your CEO). Insert a Feed to Your Company Blog or Corporate Twitter Account: If you publish a company blog (or two) or maintain a corporate Twitter account, add feeds that display recent posts/tweets and the link to subscribe. SHIFT Communications offers a great template for creating an effective social media newsroom. Download it: http://www.shiftcomm.com/downloads/smnewsroom_template.pdf Tweet This Ebook! 18 How to Leverage Social Media for Public Relations Success 3. Social Media Monitoring & Crisis Communication As we mentioned at the beginning of this ebook, social media monitoring is important for any modern PR professional. And beyond monitoring, social media participation is also critical. It‟s one thing to be paying attention to conversations. It‟s another to actually get involved. Luckily, with social media come some great tools for monitoring the conversation about your brand so you know where people are talking about you and can participate accordingly. While paid social media monitoring tools and services exist, there are also many free tools available to help. Google Alerts: Set up multiple Google Alerts for your company, brand, products, leaders, etc. The alerts will get delivered directly to your email inbox at the frequency you indicate (e.g. daily or as they happen) and is a great way to help you track media coverage and mentions of your brand on the web on news sites, in blogs, etc. Twitter: Monitor mentions of your brand on Twitter with tools like Twitter Search or HootSuite. CoTweet is also a great tool to help manage multiple users on a corporate Twitter account and allows you to assign particular tweets to the appropriate team member for follow-up. Google Reader and RSS Feeds: Set up RSS feeds in Google Reader of searches of your brand in other popular social media sites such as Flickr, Digg, Delicious, etc. Scan the results in your reader daily for mentions. Facebook Insights: Stay on top of and participate in discussions occurring on your company‟s Facebook Fan Page. Use your Fan Page‟s Facebook Insights Dashboard (found in the left sidebar when you‟re on your page as an admin) to show you stats such as fan growth and page views to gauge your page‟s interaction and engagement. Social media monitoring can also be extremely helpful in managing crisis communication. By staying on top of mentions of your company in social media, you‟ll be aware of any negative or potentially harmful conversations taking place about your brand. This will help you thwart any possibly reputation-damaging discussions in a more time-sensitive manner. Here are some helpful ways to stave off negative reactions about your company in social media during a crisis. If you’re in the wrong, admit it. Keeping quiet has the potential to do more harm than good. If you notice something negative spreading about you on the web and/or Tweet This Ebook! 19 How to Leverage Social Media for Public Relations Success in social media, it‟s best to address it head on. If you‟d like an example of how keeping quiet about a problem has contributed to a damaged reputation, read about the Kryptonite Lock case study. Update people early and often. Whether it‟s something as small as a webinar malfunction or something as severe as a security breach, if the situation is happening in real time, continuously update the public on the status of the situation. Twitter and Facebook are great ways to release updates in real time, but use your best judgment about the best way to get the word out to your affected audience. Be transparent. Tell people what happened. If you don‟t yet know what happened, say you‟re looking into the root of the problem, and always apologize for any inconvenience it may be causing the affected people. What people hate even more than a crisis is when a company doesn‟t take responsibility for that crisis. Once the actual crisis is over, write a blog article explaining everything – what happened, how you reacted, what you‟re doing to make things better in the future, and how you plan to keep it from happening again. Additional Resources: Alerts Grader (tool to help you easily manage your Google Alerts) On-Demand Webinar: How to Monitor Your Social Media Presence in 10 Minutes a Day Tweet This Ebook! 20 How to Leverage Social Media for Public Relations Success 4. Value of Awards & Speaking Engagements Value of Awards Submitting your company for and winning industry-related awards is a great PR tool. Winning awards has a similar effect that media coverage does – it shows your publics that your company and its products/services are worthy of third party validation. Award wins can also be great as a recruiting tool. Start researching relevant awards in your industry and putting together a database that you can use to keep track of deadlines. If you win an award, publicize it in your press room and/or create a dedicated page on your website to showcase your award wins. Why not also write an article for your company blog and share your success (humbly) in social media? Value of Speaking Engagements While social media has made building relationships and connecting with constituents much easier, it shouldn‟t completely replace the personal touch of face-to-face communication. Securing speaking engagements for your executives at educational, industry-focused conferences and events is a great way to facilitate face-to-face communication with potential and current customers as well as an effective way to exhibit the knowledge, thought leadership, and expertise of your company‟s leaders. Tweet This Ebook! 21 How to Leverage Social Media for Public Relations Success Start researching local events relative to your industry and reach out to event organizers to pitch a particular speaker within your organization about presenting an educational topic he/she has expertise in. Once a speaker has a solid repertoire of speaking experience, start reaching out to higher-level, more popular conferences and summits that attract larger audiences (these usually have a more formal submission/pitching process using online forms and strict deadlines). Ultimately, putting a speaker of yours in front of a large audience of potential customers can do wonders for your brand by connecting your company‟s thought leaders with prospects face-to-face. Once a speaker is confirmed for an event, use social media channels to generate buzz and publicity about your speaker‟s presentation. Share the news on your Facebook Fan Page or via your Twitter feed, write an article on your company blog, or create a web page that aggregates upcoming speaking engagements. Even if people are unable to attend the event in person, reading about your speaker‟s presence at the event will show that your company is actively committed to thought leadership and connecting with its publics face-to-face. Create a corporate SlideShare account and let people know that the speaker‟s presentation will be uploaded there after the event. This will enable those who cannot attend to access the speaker‟s slides afterward. When speakers are preparing for speaking engagements, they should think of ways to infuse social media elements into their presentations. As a speaker, offer ways for audience members to connect with you online by providing your (and/or your company‟s) social media credentials such as Twitter handles, Facebook Fan Page link, etc. By giving the audience a way to connect with you, your brand, company, etc. beyond the day of the event, you can help nurture and build the connections you make at the event into more mature relationships online. Make sure your audience knows that, following the event, you will upload the presentation to your company‟s corporate SlideShare account so attendees can access and share your presentation slides even after the event is over. Make sure speakers‟ business cards provide ways to connect with them in social media, and consider adding their Twitter handle or Facebook link. Check out the Science of Presentations ebook for more ideas about how to make your presentations more social. Tweet This Ebook! 22 How to Leverage Social Media for Public Relations Success 5. Customer Relations & Evangelism Your customers are a great public relations tool for your business. Happy customers can become powerful evangelists of your company, products, and brand. Social media is an effective tool to help you facilitate and improve communication with your customers as well as a great way to promote your happy customers‟ successes. Here‟s the why and the how: Using Social Media for Customer Feedback and Support: Let‟s face it: Whether you‟re a B2B or B2C company, your customers are participating in social media. Making yourself available to them in this space is a great way to communicate with them about a number of things, whether it‟s a product update, a maintenance issue, or the intention of receiving feedback about your products or services. Businesses are increasingly using Twitter for customer support by using corporate representatives on Twitter to help support customers. Businesses are also taking advantage of their Facebook presence to survey customers and foster two-way communication. Fodder for Media Coverage: Journalists are always looking for a great story. Do you have a unique or interesting customer who has used your product or service to achieve great business results or personal success? Customer success can be great fodder for an interesting pitch. Using Case Studies: Generating customer case studies is a win-win situation. You get to show that your product or service actually works, and your customer gets to demonstrate how successful they‟ve been! Consider creating a separate blog for customer case studies and promoting those case studies in social media. Case studies are also great to reference when pitching a customer success story to a journalist or blogger. Tweet This Ebook! 23 How to Leverage Social Media for Public Relations Success HubSpot recently published a separate ebook about customer evangelism called Digital Word of Mouth: Let Customers Transform Your Marketing. Download it to learn more about how to benefit from customer evangelism. Tweet This Ebook! 24 How to Leverage Social Media for Public Relations Success 6. Employee Relations A company‟s employees double as PR representatives for your business, whether you (or they) like it or not. Now that social networking has become so popular and is working its way into how we do business, many people have their own personal presence on social media sites. They tweet from their own Twitter accounts, publish personal blogs, participate on Facebook, have a profile on LinkedIn, and host their own YouTube channels. While this may be scary to some business leaders, the reality is that your employees will participate in social media, and it‟s very difficult to control what they say. While businesses may find comfort in blocking access to social media sites at the office or drafting strict social media guidelines for how employees should behave on these sites, our recommendation is a more laidback approach. The biggest fear businesses have about their employees‟ participation in social media is that they‟ll do or say something that might misrepresent the company or cause damage to the company‟s image and reputation. While these are valid concerns, our belief at HubSpot is that a lot of these fears can be thwarted by simply making your employees happy and facilitating good employee relations. Happy employees equal positive PR. Thankfully, there are a few things you can do using social media to facilitate this: Internal Wikis: An internal wiki is a great hub for internal communication and collaboration within a company. Use a wiki both to help communicate new ideas within the company and receive feedback from employees or to rally people to organize a company picnic or group activity to increase morale! Tweet This Ebook! 25 How to Leverage Social Media for Public Relations Success Corporate Instant Messaging: Enable communication between employees and across departments by implementing a corporate instant messaging system, such as Spark. Transparency: Being transparent is critical to maintaining trust among your employees. Use email or your internal wiki to discuss company-wide issues or to communicate changes and announcements. Keeping your employees in the dark about major issues is sure to create unhappy workers. No (or Little) Social Media Policy: No one wants to be told what to do, especially if it involves their personal life. You can‟t dictate how your employees participate in social media on their own time, and creating disgruntled employees by implementing a strict social media policy will only fuel the fire and create disgruntled workers. If you‟re going to initiate a social media policy, keep it simple, and use it to serve as a reminder that employees should use good discretion when engaging in social media. Your employees should have good common sense not to disclose confidential information on Facebook, but sometimes a reminder doesn‟t hurt. Remember, for businesses‟ presence in social media, reach is key. Every person your company employs has their own social networks, and thus their own reach. Empowering happy employees to spread the message of your company, its products, and its mission positively is a great way to tap into a larger pool of potential customers. For additional resources on the importance of personal branding, see Dan Schawbel‟s Personal Branding Blog. Tweet This Ebook! 26 How to Leverage Social Media for Public Relations Success 7. Measuring the ROI of Public Relations So you‟ve started becoming more actively engaged in social media to aid your public relations efforts. But can you tell if it‟s working? Measuring the return on investment -- and more appropriately for PR, the return on effort -- is an important part of any marketing initiative. You should always be measuring the success of your programs to determine whether your efforts are generating positive results. Measuring ROI can also help you decide if you need to make adjustments to your current processes so you can get the most from your efforts. Measuring ROI in public relations has always been a pain point for practitioners. However, the web has helped to make tracking ROI more reasonable and less of a headache. The following are some quantitative and quantitative ways you can track if your PR methods are delivering results. Track Mentions in Media Using Google Alerts: As I mentioned in the section about social media monitoring and crisis communication, Google Alerts can be a great way to track mentions of your brand on the web and in social media and blogs. What is the tone of your mentions? Are they positive? Negative? Neutral? Compare Mentions of Your Company Against Competitors: Consider measuring how your company is faring against competitor brands in terms of media mentions and their tones by setting up Google Alerts for your competitors as well. Compete allows you to compare specific metrics of your website against its competitors, and Website Grader also enables you to compare your website with your competitors‟ websites in terms of statistics like traffic rank and inbound links (see Website Grader report example below). Track Press Release Syndications: Track how many times the press releases you distribute via wire services get syndicated on portal sites. Some newswire services like Marketwire offer customized reports per release to show you where your release has been syndicated. Tweet This Ebook! 27 How to Leverage Social Media for Public Relations Success Evaluate the Reach of Media Coverage: If your brand was mentioned on a popular news site or blog or your CEO was interviewed on a podcast or online radio show, use free web analytics tools like Compete or Alexa to determine the reach of those sites. Similarly, if your CEO was interviewed on a traditional radio show, find out what the listenership is typically like for that particular show. Evaluate Your Reach in Social Media: How many Twitter followers do you have? How many Facebook fans have you accumulated? Check out your Facebook Page‟s Insights to determine if you‟re effectively engaging your fans. Net Promoter Score: Net Promoter is a management tool that can be used to gauge the loyalty of a company‟s customer relationships. Has your score increased since you‟ve been dedicating more time and effort to customer relations? Analyze Your Website’s Sources: Use Google Analytics to help analyze how people are finding you online. Did your site visitors find a press release of yours on a portal site that linked back to your website? Are you generating traffic from social media sites like Facebook or Twitter? Count Your Award Wins: How many awards have you won? Have any of your award wins resulted in media coverage or talent acquisition? Evaluate Your Speaking Engagements: How many speaking engagements have you secured? What was the size of the audience to which you presented? Ask Your Customers How They Found You: While it might be difficult to determine otherwise, consider asking customers or prospects how they initially found out about you to determine if your PR efforts are actually working to attract prospects and, ultimately, customers. Compare Results Before and After Specific Initiatives: Maybe you launched a Facebook Fan Page or corporate Twitter account recently. Do you notice any difference in your business‟ reputation or public perception since you started devoting more time to specific PR efforts? Tweet This Ebook! 28 How to Leverage Social Media for Public Relations Success About HubSpot: HubSpot is online marketing software that: • Helps businesses get found online by more qualified visitors. • Shows businesses how to convert more visitors into leads. • Gives businesses tools to close those leads efficiently. • Provides businesses with analytics to help make smart marketing investments. Based in Cambridge, MA, HubSpot can be found at HubSpot.com To start a free trial of HubSpot software today, go to: HubSpot.com/free-trial For additional educational resources and marketing content please follow us on Twitter and Facebook. Did you enjoy reading this ebook? Please Tweet It Learn more about public relations and inbound marketing in our Public Relations Marketing Hub. Tweet This Ebook! A MILLION “FRIENDS” DO NOT A MARKETING STRATEGY MAKE By Cliff Ennico As a small business columnist, I get at least several press releases a day from public relations firms around the country who are trying to get their clients a mention in this column. Most are representing authors promoting their “new” ideas (sadly, few qualify), consultants trolling for clients, or successful entrepreneurs selling their “how I did it” stories (mostly to investors or larger companies that may wish to buy them). Every once in a while, though, a press release comes through that puts its finger directly on a pressing problem facing America’s growing, privately owned businesses. This one landed in my Inbox last week, and deserves to be quoted ver batim: “A few years ago blogs were the social media of the moment for businesses. But, according to a Pew Research Center Survey, by 2005 only 27% of Internet users in America were bothering to read them. Today according to Forrester, the numbers for adult blog readers have dropped to just below 25%. Now, Facebook and Twitter are where every business thinks they need be. Despite a failing economy and tight budgets, companies are hiring consultants and even creating internal teams to manage and update their social media believing that product announcement Tweets and being “liked” on Facebook will somehow convert to sales and growth. In a realm ruled by celebrity gossip, pictures of weddings, babies and drunken antics, the question remains though – are any of these businesses’ messages being heard through the noise and if they are, to what end?” Bingo – when you are thinking about promoting your business via social media, these are precisely the questions you need to ask. Like many of you, I am sick and tired of hearing how Facebook, Twitter and their ilk are going to change the world. Yes, they’re fun to do. They can put us in closer touch with distant relatives, college friends and other “people from our past” that would otherwise be forgotten or put out of our lives altogether. They can also give us bragging rights at the local watering hole (“I’ve got 278 more friends than you, nyah, nyah”). But there are two burning questions business owners need to ask when it comes to social media: • how do people generate actual sales (as opposed to marketplace “buzz”) from these things? • who is looking at these things more than infrequently, and are they looking to buy stuff or just schmoozing? The biggest way (at least right now) that businesses generate revenue from social media is from advertising. Basically, by posting lots of personal information to a social media site, you and your “friends” help that site sell ads that their “affiliates” (read, advertisers) put on your profile page, without your permission and with no share of the revenue going to you. You also help them create a huge database of information about you which they can sell separately to their “affiliates” hoping to sell stuff directly to you and your friends. This can create problems. A few weeks ago I visited one of my online profiles (I won’t say where) where I am listed as a “small business attorney”, among other things. I was shocked – shocked! – to discover an ad next to my photo from a law firm offering to help people who are looking to buy franchises. Hey, I do that – this advertiser was a competitor of mine! I complained to the site and the ad was promptly removed, but now I have to check my profile page frequently to make sure nobody is using my name to promote products, services and opinions that I don’t want my name associated with. But now for the second question: who really is buying stuff from social media websites? The plain fact of the matter is that most of us are just too darned busy or selfabsorbed (some of us writing graffiti to our “walls” or “tweeting” our own songs of ourselves) to read what other people are putting up online, much less respond to their postings or click on an ad. Don’t get me wrong – I’m not knocking social media as a marketing tool. I’m merely suggesting that once the novelty of social media wears off (and the press release quoted above makes me think the Web 2.0 “backlash” has already begun), only those businesses with a clear and coherent marketing strategy will be able to use it effectively. This means: • • • • • targeting online ads only to people interested in your products and services (preferably from your own profile page, not anybody else’s); ruthlessly managing your profile pages to keep them “on message”; placing ads on people’s profile pages only with their permission and endorsement, or some other meaningful “opt in”; and watching your Web metrics closely to see where (and if) your social media presence is leading to actual sales. Cliff Ennico ([email protected]) is a syndicated columnist, author and former host of the PBS television series "Money Hunt." This column is no substitute for legal, tax or financial advice, which can be furnished only by a qualified professional licensed in your state. To find out more about Cliff Ennico and other Creators Syndicate writers and cartoonists, visit our Web page at www.creators.com. COPYRIGHT 2010 CLIFFORD R. ENNICO. DISTRIBUTED BY CREATORS.COM Who's Blogging What Spotting things you'll want to see today. Services» |Subscribe| |Twitter Feed| |Facebook Page| |Archives| |Contact Us| Collective Wisdom: Some free-thinking about social media as we enter the first decade Forward: In the closing days of 2009 Pepsi decided against hiring Justin Timberlake, Cindy Crawford or even Britney Spears to speak for them during the 2010 Super Bowl. They would instead take the $20 million budgeted and use it to talk directly -- and to listen back -with consumers through the web. It was the final and perhaps the most significant signpost marking 2009 as a year where emerging social media technologies mandated new strategies for anyone who deals with the public. No organizations seemed unaffected. Pope Benedict XVI launched his Facebook app in May. In June the US State Department asked Twitter to delay scheduled maintenance because of the role it was playing during civil unrest in Iran. The WBW newsletter tracked these developments and sought out voices that clearly understood the changes and could rationally describe a way forward. Increasingly, the newsletter's readers turned to the bloggers who's words make up this document. Some of their advice has been highly pragmatic, such as how to get the most out of 140 characters. Other times they'll address the emerging vagaries of customer recognition shaped by the forces of social media. We asked the group to look at 2010 - their outlook for the year, the best ways to handle the social ROI question, the relationship with the bottom line. We even asked them for some fun with applications, telling us how their favorite historical character would have used these new technologies. You won't find any ironclad rules or spreadsheet formulas in this document but if you look through it with a critical eye you might be able to build a more effective framework through which to build your own social media strategy for the first full decade. We're all in this together. Stay in touch and have some fun. -Jeff Ente, Director, WBW First contributor: Ann Handley of MarketingProfs Daily Fix → The contributors: Ann Handley (MarketingProfs Daily Fix) Kevin Gibbons (SEOptimise) Brian Solis (Brian Solis Blog) Scott Fox (E-Commerce Success Blog) Ravit Lichtenberg (Ustrategy) Andy Beal (Marketing Pilgrim) Corvida Raven (SheGeeks Blog) Ian Lurie (Conversation Marketing) Lisa Barone (Outspoken Media blog) Mitch Joel (Six Pixels of Separation) Alexandra Samuel (Alexandra Samuel Blog) Samir Balwani (Samir Balwani Blog) Joe Pulizzi (The Content Marketing Revolution) Mike Volpe (Inbound Marketing Blog) Jay Baer (Convince & Convert) Bernie Borges (Find and Convert Blog) Jacob Morgan (Social Media Globetrotter) Jake Hird (Econsultancy ) Maddie Grant (Socialfishing) Janet Fouts (Tatu Digital Media Blog) Jim Gianoglio (LunaMetrics) Sharlyn Lauby (HR Bartender) Ari Herzog (AriWriter) Cameron Chapman (Cameron Chapman on Writing) Danny Flamberg (Manhattan Marketing Maven) Joel Postman (Socialized) Kelsey Childress (The Social Robot) Ryan Peal (Ideas, Imagination & Stuff (a.k.a. Ryan's View)) Mirna Bard (Mina Bard Blog) David Berkowitz (Inside the Marketers Studio) Lisa Whelan (Socialize Mobilize Blog) Paul Dunay (Buzz Marketing For Technology) Kirsti Scott (Hot Design Blog) Donna Maria (The Media Is You) Susan Payton (The Marketing Eggspert Blog) Larry Brauner (Online Social Networking) Who's Blogging What Spotting things you'll want to see today. Services» |Subscribe| |Twitter Feed| |Facebook Page| |Archives| |Contact Us| Collective Wisdom: Some free-thinking about social media as we enter the first decade → Kevin Gibbons For social media marketers, 2010 will be the year that ... Ann Handley MarketingProfs MarketingProfs Daily Fix @marketingprofs ...social media is on every company's radar screen. It's no longer the new bright and shiny thing; instead, companies of all shapes and sizes begin to pay attention to it (I'm looking at you, B2B). The term 'Social Media ROI' is still full of mystery as we enter 2010. What type of benchmarks should marketers be using right now? The first step is figuring out your social media strategy -- in other words, what are you doing there? What do you hope to accomplish? It's a lot easier to measure your success (or lack thereof) once you figure out objectives. Did you read? How do you separate hype from reality in social media as we enter 2010? What's a Dry Cleaner Doing on Twitter? Again, it's all about setting your strategy and identifying your objectives in the social space (or anywhere in your marketing, really). When you start there, you don't tend to get blinded by the newness or freshness or hipness of the bright and shiny tools (which goes a long way toward separating the hype from the reality). By Ann Handley Will we be more, or less optimistic about the ability to sell through social media by this time next year? The word "sell" here is bugging me. Can we connect with our customers through social media, increasingly, by this time next year? For the smart companies, the answer is yes. For the spammers and short-sighted organizations and stupid companies... God, I hope not. How would your favorite historical character have used today's social media? The other night my daughter and I were reading "Charlotte's Web" by EB White. I started to think that Charlotte would have penned a compelling Twitter stream: CharlotteCavatica: @FernArable come quick! @wilburpig is Some Pig! TempletonRat: RT @wilburpig is Some Pig! (Sponsored Message via "Will Tweet for Food.") WilburPig: Shout out to @CharlotteCavatica for saving me from becoming nothing more than bacon. Not sure it would have changed the outcome of the story, but it would have brought the drama playing out in that barn to a bigger stage. Don't you think? : ) → Kevin Gibbons Who's Blogging What Spotting things you'll want to see today. Services» |Subscribe| |Twitter Feed| |Facebook Page| |Archives| |Contact Us| Collective Wisdom: Some free-thinking about social media as we enter the first decade ← → Ann Handley Brian Solis For social media marketers, 2010 will be the year that ... Kevin Gibbons SEOptimise @kevgibbo ...more businesses will use social media to boost their online profile. Interesting content will always be key to a blog's popularity - but after a slow start businesses are now becoming much more savvy in applying social media promotion and SEO techniques to a corporate blog. From our own experience we know how a blog can be used as a powerful tool for business growth, helping establish a company's reputation as expert in its sector. The term 'Social Media ROI' is still full of mystery as we enter 2010. What type of benchmarks should marketers be using right now? Did you read? There are plenty of free tools to measure social media ROI, and a growing number of new applications which are worth testing out. However, the most important step is still to set goals for a social media campaign - without goals it's impossible to measure success. Common goals for a social media campaign include brand awareness, online reputation management and customer support, online traffic/visibility, generating both online and offline attention or media coverage, attracting inbound quality/natural links for SEO purposes, increasing readership and direct sales. Once you've defined the main goals of your campaign you can then look towards measuring success around this. 10 LinkedIn Tips to Optimise your Profile By Kevin Gibbons How do you separate hype from reality in social media as we enter 2010? Proven results will continue to demonstrate the true worth of social media to different types of businesses. Part of the energy and buzz surrounding the use of social media is the very fact that it's constantly changing - so keep a watch on all new trends and developments and test them out as appropriate. Only after trying them out do we recommend new tactics and tools to clients. It's about selecting the best social media 'tool' for the job that will achieve results, rather than going after everything new, however hyped. Will we be more, or less optimistic about the ability to sell through social media by this time next year? Let's be more optimistic! Dell is a classic example of how Twitter can successfully be used to generate sales. Dell claims to have made $6.5m in Twitter-driven sales of products since it started tweeting deals around two years ago. As well as a clear sales platform, Dell is using social media to interact with its customers and as an early warning system of any potential problems so that they can be resolved swiftly. How would your favorite historical character have used today's social media? What would Columbus have Tweeted to drum up support for his pioneering trips overseas? Maybe something like this: @Columbus looking for rewards for next voyage of discovery! @KingFerdinand can offer high rewards for new islands/mainland @Columbus setting sail today from Spain with 3 ships... @KingFerdinand God speed! @Columbus found new island naming it 'San Salvador' @Guanahaniislanders oh no you don't its already called 'Guanahani' @KingFerdinand lets call it 'Bahamas'! @Columbus next voyage Cuba - may bring back some locals Any parting advice as we enter the first social decade? If you're using social media in 2009; carry on doing more of the same in 2010! The first step is to be aware of what people are saying about your brand online, many companies miss this when you can gain so much valuable and honest information from your own customers. But definitely give social media a chance, many sites such as Twitter can take a while to get used to - but once you've got the hang of it there's tons of great information out there and it can be a very powerful tool for building a strong reputation online. ← → Ann Handley Brian Solis Who's Blogging What Spotting things you'll want to see today. Services» |Subscribe| |Twitter Feed| |Facebook Page| |Archives| |Contact Us| Collective Wisdom: Some free-thinking about social media as we enter the first decade ← → Kevin Gibbons Scott Fox For social media marketers, 2010 will be the year that ... Brian Solis FutureWorks Brian Solis Blog @briansolis ...we start to look at Social Media as a chapter in the evolving story of new media. We'll focus less on "being everywhere" and we'll concentrate our efforts on creating visibility, presence, and community where we're needed. The term 'Social Media ROI' is still full of mystery as we enter 2010. What type of benchmarks should marketers be using right now? The term ROI is only mysterious to those who practice social media through a "create a profile and let's go go go" initiative. How do you measure Social Media ROI if you don't know why it is that you're engaging in the first place. The ability to measure ROI has never been elusive, it's only been out of reach by those who didn't think about it first. Everything starts with creating a click path to closure. Figure out where you need to be and why. What you can measure through that engagement (sales, leads, registrations, etc.) and how much man power and resources it takes to makes things happen. Did you read? Make Tweet Love ? Top Tips for Building Twitter Relationships By Brian Solis How do you separate hype from reality in social media as we enter 2010? Practice and measurement. Also, stop reading the case studies that everyone publishes in social media as none of them are measuring the ROI of their engagement using metrics that positively impact the business in the near and long term. Stop listening and start writing your own success story. How would your favorite historical character have used today's social media? Walt Disney. He made us believe that through imagineering, we could create new worlds that people where people can immerse and engage with others just like them. Social Media is about creating a community where people can believe in you and what you stand for... Any parting advice as we enter the first social decade? Become the person who can answer your own questions. The work, research, practice, and insight gleaned in the process of getting from here to there will most likely surpass the experience of those you originally sought insight and direction. ← → Kevin Gibbons Scott Fox Who's Blogging What Spotting things you'll want to see today. Services» |Subscribe| |Twitter Feed| |Facebook Page| |Archives| |Contact Us| Collective Wisdom: Some free-thinking about social media as we enter the first decade ← → Brian Solis Ravit Lichtenberg For social media marketers, 2010 will be the year that ... Scott Fox ScottFox.com E-Commerce Success Blog @scott_fox ... mainstream corporations and media recognize the power and importance of social media marketing. This will create new business opportunities for social media marketers, help their new mainstream clients find more customers, and create exciting new dialogues as we all learn to better talk WITH customers instead of just AT them. The term 'Social Media ROI' is still full of mystery as we enter 2010. What type of benchmarks should marketers be using right now? Did you read? The acceptance of social media is allowing a shift from quantity of audience to quality. In 2010 successful marketers, (both online social media folks and traditional marketers), should measure their campaign (and career) success based on the quality of audience instead of traditional mass media metrics. Engaging with customers and potential customers through social media marketing can increase customer loyalty, lead to repeat purchases, and spread your marketing messages more cost-effectively than ever before. 4 Annoying Twitter Myths about How to Use Twitter By Scott Fox How do you separate hype from reality in social media as we enter 2010? Social media are just tools. Your audience's expectations for engagement should dictate your choice of those tools(instead of following the latest early adopter trends or "guru-recommended" hype). If you also use social media tools to listen to what your customers want, your social media efforts will naturally match the interests of your target audience and increase ROI. Will we be more, or less optimistic about the ability to sell through social media by this time next year? More. Although early adopters have been excited about social media for years, 2010 is the year that "regular" companies are going to embrace Facebook, Twitter, Ning, and whatever comes next. They will also help drive even more consumer adoption and participation. Result? More revenues via social media marketing. How would your favorite historical character have used today's social media? I would love to see what Mark Twain would have done with social media. A master communicator, I'm sure his Tweets, podcasts, and Facebook comments would be both hilarious and insightful. Any parting advice as we enter the first social decade? 2010 offers all of us great opportunity and if you are reading this, you are lucky to be part of a revolution. Let's make it happen! ← → Brian Solis Ravit Lichtenberg Who's Blogging What Spotting things you'll want to see today. Services» |Subscribe| |Twitter Feed| |Facebook Page| |Archives| |Contact Us| Collective Wisdom: Some free-thinking about social media as we enter the first decade ← → Scott Fox Andy Beal For social media marketers, 2010 will be the year that ... Ravit Lichtenberg Ustrategy @ravit_ustrategy ...the rubber meets the road. Whatever held marketers back (access, information, funds) will get smaller and the possibilities will grow bigger. Those marketers who will be able to stay focused on customers, understand customers' behaviors have changed in the past couple of years, and deliver value using social media channels in their marketing mix will rise to the top. We will see marketers standing out for their ability to push the next generation of personalized marketing and for demonstrating results that are not tied to a specific tool or channel but that apply to the marketing ecosystem as a whole. Did you read? The term 'Social Media ROI' is still full of mystery as we enter 2010. What type of benchmarks should marketers be using right now? 10 Ways Social Media Will Change in 2010 In 2010, companies who have been passive spectators will need to dive into the ROI wonderland. To start, marketers should: -Only use benchmarks that they can measure and impact -Slowly transition from hype metrics--engagement, conversation, followers--into tested and proven measurements: increased traffic to target website pages, improved conversion due to behavior-tracking fixes, brand loyalty score,etc. -Consider creative benchmarks that may not lead to immediate ROI but will signal value to client/company: product improvement feedback, R&D innovation, improved brand messaging & communication, etc. And, get ready for a ride of a year- it *will* feel as if it had been changed in a night. By Ravit Lichtenberg How do you separate hype from reality in social media as we enter 2010? Measurements, measurements, measurements. If it can't be measured--it's hype. If it can, it's real. Will we be more, or less optimistic about the ability to sell through social media by this time next year? As social media becomes highly integrated into customers' purchasing experience and into companies' selling activities, companies and marketers will be able to target customers much more accurately and, increasingly, will deliver value in ways that customers care about. Imagine booking a vacation and immediately receiving restaurant recommendations, clothing suggestions, and local event highlights--all validated through your personal networks. Or, visualize the next generation Groupon that suggests personalized "whole experience" of products and services to consumers while improving conversion likelihood for companies. I believe there's great promise ahead; optimism is in order. How would your favorite historical character have used today's social media? I'd love to see what Moses would do with Social Media. Imagine the power of crowd mobilization when a future of a People is concerned. Would he tweet ahead of the exodus, using the hashtags #letmypeoplego and #badpharaoh? How would he have kept the plans a secret? Would he have done a simulcast from Mount Sinai as he read the Ten Commandments? Would he de-friend Aaron once he found out on his mobile Facebook app about the golden calf? One can only imagine how things would have changed if social media existed in tribal times...or in any humanity-changing historic moment since. Any parting advice as we enter the first social decade? Remember what made you great before social media, focus on people--on customers, and come up with new and refreshed ways to love the customer knowing that the possibilities will become near-limitless. ← → Scott Fox Andy Beal Who's Blogging What Spotting things you'll want to see today. Services» |Subscribe| |Twitter Feed| |Facebook Page| |Archives| |Contact Us| Collective Wisdom: Some free-thinking about social media as we enter the first decade ← → Ravit Lichtenberg Corvida Raven For social media marketers, 2010 will be the year that ... Andy Beal Trackur Marketing Pilgrim @andybeal ...they realize that you don't "use" social media, you "engage" it. I see many marketers that simply push out content on social media platforms and expect them to be successful. They'll realize it's about the dialogues, not the monologues. How do you separate hype from reality in social media as we enter 2010? Don't look at social media as a one-off project. This is not something you create for a product launch, then neglect once the campaign is over. Have you read? How would your favorite historical character have used today's social media? Facebook's New Vanity URLs & Google Reputation Management Jesus. Forget Ashton Kutcher, Jesus would have more Twitter followers than anyone! By Andy Beal ← → Ravit Lichtenberg Corvida Raven Who's Blogging What Spotting things you'll want to see today. Services» |Subscribe| |Twitter Feed| |Facebook Page| |Archives| |Contact Us| Collective Wisdom: Some free-thinking about social media as we enter the first decade ← → Andy Beal Ian Lurie For social media marketers, 2010 will be the year that ... Corvida Raven SheGeeks SheGeeks Blog @corvida ...people become more mobile and companies become social. Personalization will continue to be an important theme to business and marketing strategies. Social engagement will become a high priority. The term 'Social Media ROI' is still full of mystery as we enter 2010. What type of benchmarks should marketers be using right now? Marketers should be using everything they can think of that links to revenue generation. Press mentions, blog trackbacks, retweets and facebook shares, youtube video views, community sentiments, email campaign traffic and so much more. In all of this what they should be focusing on is "how can we improve these communities?" Have you read? 5 Effective Tips For Tweeting As A Company - How does your company tweet? How do you separate hype from reality in social media as we enter 2010? By Corvida Raven Hype is that tingling feeling you get when you first start using something new. Reality is when the "newness" wears off and you find yourself not getting the results you want. Will we be more, or less optimistic about the ability to sell through social media by this time next year? We will be so much more optimistic through proper engagement strategies in the next year and beyond. ← → Andy Beal Ian Lurie Who's Blogging What Spotting things you'll want to see today. Services» |Subscribe| |Twitter Feed| |Facebook Page| |Archives| |Contact Us| Collective Wisdom: Some free-thinking about social media as we enter the first decade ← → Corvida Raven Lisa Barone For social media marketers, 2010 will be the year that ... Ian Lurie Portent Interactive Conversation Marketing @portentint ...web sites become hubs. Some brands have already figured this out, but most haven't. 2010 will see more and more companies using their main web site as a focal point for broad, dispersed campaigns that cater individually to their audience on Facebook, Twitter and other sites. That, of course, will make ROI tracking an even bigger nightmare. The term 'Social Media ROI' is still full of mystery as we enter 2010. What type of benchmarks should marketers be using right now? Have you read? It's not about the traffic to your blog or web site so much as it's about the persistence of your message. Tools like Tweetmeme and Bit.ly are critical. Then you have to track results over time. Don't just stare at your traffic report and say "We're not getting conversions". That's stupid. Track improvement in overall sales; reduced support costs; improved conversion rates from other sources. Most important, marketers had damned well better learn what 'click attribution' means. Or they better hire me :) 3 Ways to Measure Social Media ROI By Ian Lurie How do you separate hype from reality in social media as we enter 2010? Anyone who says they can now precisely track Social Media ROI is full of manure. so is anyone who says they can generate fast results. The reality is that social media rocks, not because of ROI or speed to results, but because, with persistence and intelligence, success is inevitable. Will we be more, or less optimistic about the ability to sell through social media by this time next year? More optimistic, definitely. But also more frustrated, precisely because folks think you 'sell through social media'. You don't - you boost sales from other sources using social media. How would your favorite historical character have used today's social media? FDR was the first modern master of social media. In his Fireside Chats, he used this unique device called 'radio' to gather families and small groups together every week. Those chats prompted further discussion. They also let him go directly to the American people in a time when it looked like western civilization as we knew it might fail (I'm not exaggerating). FDR would have used podcasting to provide continuous access to his chats; Twitter to respond to crises and announce the week's topic; a blog for his writings and speeches; and, I'd like to think, monitoring to know that the Holocaust was a reality far sooner, and bring the USA into the war in the late 30's, instead of the early 40's. ← → Corvida Raven Lisa Barone Who's Blogging What Spotting things you'll want to see today. Services» |Subscribe| |Twitter Feed| |Facebook Page| |Archives| |Contact Us| Collective Wisdom: Some free-thinking about social media as we enter the first decade ← → Ian Lurie Mitch Joel For social media marketers, 2010 will be the year that ... Lisa Barone Outspoken Media Outspoken Media blog @lisabarone ...ROI is beaten into the equation. Up until this point there's been a lot of "testing" and "trying" and "feeling what works", but in 2010 it's going to be all about proving that return on investment. That means creating your social media plan from the start, investing in tools that can help quantify what you're doing, and picking and choosing where you an afford to spend your time. The term 'Social Media ROI' is still full of mystery as we enter 2010. What type of benchmarks should marketers be using right now? Have you read? It depends on your reasons for entering social media. You have to identify what it is you're trying to grow in social media and then ID the action that achieves that. Things to look at: Engagement - comments, links, trackbacks Attention - amount of buzz, time on site, frequency of mentions Sentiment - positive, negative or neutral Sales/ Leads - Is the cost-per-customer dropping Traffic - are you grabbing more eyes over time? It's about turning the numbers, followers and comments you're receiving in a story that people can understand. Interaction is good, but what does that interaction mean? Tips To Get People To Join Your Facebook Fan Page By Lisa Barone How do you separate hype from reality in social media as we enter 2010? Its whether or not you can do something with the numbers. Having 5,000 Twitter followers is hype until you can successfully get them to your Web site. Having 2,000 Facebook fans is hype until they're making purchases on your Web site. Having 25,000 blog subscribers is hype until you can get them into a membership program. It's about being able to leverage the fans, followers and subscribers in a way that ultimately grows your business. Without that step, all social media is you talking to yourself. Will we be more, or less optimistic about the ability to sell through social media by this time next year? I think we'll be far more optimistic. If you look at it, small businesses and retailers are already way more optimistic going into 2010 than they were in 2009. Once people start attaching ROI to activities that were one just left to fate and eyeballed, businesses will feel a lot more comfortable allocating money to these newer areas. Any parting advice as we enter the first social decade? Stop focusing on the numbers. Social media isn't a numbers game. You don't need 10,000 followers, you just need the group you do have to be engaged and passionate about your brand. Focus on giving them something to be passionate about and rally behind. That's where the magic will happen. ← → Ian Lurie Mitch Joel Who's Blogging What Spotting things you'll want to see today. Services» |Subscribe| |Twitter Feed| |Facebook Page| |Archives| |Contact Us| Collective Wisdom: Some free-thinking about social media as we enter the first decade ← → Lisa Barone Alexandra Samuel For social media marketers, 2010 will be the year that ... Mitch Joel Twist Image Six Pixels of Separation @mitchjoel ...we really experience “the great untethering” – from USB Internet sticks and netbooks to iPhones, BlackBerry and Google’s Android… the Internet will be less about beating out TV in terms of media usage and more about being everywhere like electricity. The term 'Social Media ROI' is still full of mystery as we enter 2010. What type of benchmarks should marketers be using right now? Engagement, time spent, type of conversation, spreading of good conversation, fixing of bad conversation, increasing bottom-line sales and customer base, and looking at how they can add value (instead of noise) to the conversation. Have you read? 6 Quick Tips To Optimize How You Monitor Your Digital Footprint How do you separate hype from reality in social media as we enter 2010? By focusing less on what the individuals are doing to promote themselves and more on how those individuals are able to help others (brands, individuals, etc…) use these channels to truly connect, share and build relationships. By Mitch Joel Will we be more, or less optimistic about the ability to sell through social media by this time next year? We need to get beyond the navel-gazing and trolling. We need to focus more on the real relationships and connections, and figure out a way to make that scale effectively. How would your favorite historical character have used today's social media? Bruce Lee is one of my favourites. Something tells me that his philosophy around Kung Fu (and life) would have thrived even more had he been around and playing with Social Media. Great ideas spread. Great stories get told. Now, these stories have no distribution fee with access to more people than any of us could have ever imagined. Just think about how these channels and platforms can help to change history… and let’s not forget that they already have Any parting advice as we enter the first social decade? Happy Holidays and Happy New Year! ← → Lisa Barone Alexandra Samuel Who's Blogging What Spotting things you'll want to see today. Services» |Subscribe| |Twitter Feed| |Facebook Page| |Archives| |Contact Us| Collective Wisdom: Some free-thinking about social media as we enter the first decade ← → Mitch Joel Samir Balwani For social media marketers, 2010 will be the year that ... Alexandra Samuel Social Signal Alexandra Samuel Blog @awsamuel ...they have to deal with the three Cs of backlash: consumer, community and client. Consumers (a.k.a. "human beings") are already expressing frustration with community members who turn out to be marketing shills. Community managers will crack down on marketers-posing-as members because of the impact on trust and participation in their sites. And clients will either pull back or redirect their social media efforts when they discover that, surprise! marketers don't have the answers on how to actually reorganize their customer relations and R&D teams to meet the demands that social media marketers have awakened. Have you read? The term 'Social Media ROI' is still full of mystery as we enter 2010. What type of benchmarks should marketers be using right now? Three Instantly Effective Social Media Ideas The field of social media metrics is currently much like the proverbial drunk who is looking for his lost keys under the street lamp -- because that's where the light is. For now, we're heavily constrained by what is measurable: hits, links, mentions, follows, friends. What we need are metrics that provide insights not just into the volume of exposure and relationships, but on the quality of those mentions and relationships. Semantic analysis is useful but much harder to obtain or communicate, so we're focusing a lot of attention on numbers that may or may not correspond to the actual richness of our relationships. By Alexandra Samuel How do you separate hype from reality in social media as we enter 2010? It's useful to compare the social media boom with the first dot com boom in the late 90s. That bubble was very much driven by market valuations which (as we now know) turned out to be hyperinflated; the same will almost inevitably happen to a bunch of social media sites. But the key difference is that on many social media sites, the accumulated value lies not in the company-owned software, but in the community-owned content: if and when a bust comes (in hype and/or valuations) many of these communities will morph and endure, possibly in less glossy form, because the underlying relationships, common interests and content are driven by highly committed community members. Will we be more, or less optimistic about the ability to sell through social media by this time next year? I'd love to think that in a year, the conversation about social media will no longer be focused on selling (though it may in fact take a couple of years for that to shift). I already see a glimmer of recognition that social media can not be successfully tackled as a pure marketing play: some social media leaders are already talking about the importance of change management as a way of leveraging and also managing the potential impact of social media. If you're only using social media to sell stuff, you may burn your brand (by failing to deliver on expectations) and you're missing its greatest potential -- to transform your internal & external relationships and capacity for innovation. How would your favorite historical character have used today's social media? I've always been fascinated by Karl Marx, not because I'm waiting for the revolution (had to give that one up a while ago) but because of the way his writing transformed the way we see the world: most fundamentally, making us see economic conditions as the key driver of social and political life (see http://bit.ly/m4Rx). And while I can't imagine reading Das Kapital in 140character increments, Marx would have had an interesting take on the opportunities that arise from a shift away from large-scale industrial production and back towards artisanal production -- whether in the micro- startups that build social media sites, or the micro-entrepreneurs who create and sell through them. Any parting advice as we enter the first social decade? This is a good time to think about whether your work and passions are driven by marketing, or by social media -- because the two fields are going to diverge, especially on the leading edge. If you are first and foremost a marketing junkie, you need to think about how to integrate social media with other marketing channels, and build relationships with people who are working on other aspects of social media in the enterprise (collaboration, innovation, change management) so you can develop an integrated, durable approach. And if you've fallen in love with social media, it's time to start broadening your perspective so YOU can be that integrator who brings together the full range of expertise. ← → Mitch Joel Samir Balwani Who's Blogging What Spotting things you'll want to see today. Services» |Subscribe| |Twitter Feed| |Facebook Page| |Archives| |Contact Us| Collective Wisdom: Some free-thinking about social media as we enter the first decade ← → Alexandra Samuel Joe Pulizzi For social media marketers, 2010 will be the year that ... Samir Balwani Samir Balwani Blog @samirbalwani ...mobile becomes huge. Smartphones are becoming more powerful and so are applications. I want to know what my friends are doing, but now I want to know where they are too. I want to be able to find people and places near me that I can connect with. Mobile social media will be the bridge between online marketing and in-store marketing that we've been waiting for. The term 'Social Media ROI' is still full of mystery as we enter 2010. What type of benchmarks should marketers be using right now? Have you read? I understand using benchmarks to track social media ROI but it always comes down to sales. Here's what I recommend, before you started trying out social media what were you sales? What does it usually increase yearly? How much did it increase since you started using social media? You can't assign exactly how much social media affected your sales, but it gives you an idea. The harder question is, "How do you forecast social media ROI?" How Foursquare is Changing Social Media Marketing By Samir Balwani How do you separate hype from reality in social media as we enter 2010? Simple, I ask - did it work? Test platforms that will work for your business. Where are your consumers? How are they interacting online? The reality of the situation is that only you know your consumers well enough to answer these questions. Will we be more, or less optimistic about the ability to sell through social media by this time next year? Much more optimistic. Social media already has the ability to sell. The problem is that we can't directly attribute sales to social media. Since we're able to gather more data and are dedicating more resources to understanding it now, this time next year social media marketing will be in a much better position to justify itself as an efficient sales strategy. How would your favorite historical character have used today's social media? I'm a huge fan of Albert Einstein and his genius. Can you imagine the kind of breakthroughs he may have had if he were able to collaborate with other great minds of his time? That's where the true power of social media is, in breaking down barriers and helping people work together. A good social media marketer recognizes that it's not only about selling your product, but working with your consumer to make it better. Any parting advice as we enter the first social decade? Thanks for letting me a part of this newsletter! I'm excited to watch social media marketing grow as an industry in 2010. I hope I get a chance to work with all of you, and don't hesitate to reach out to me on Facebook or Twitter. ← → Alexandra Samuel Joe Pulizzi Who's Blogging What Spotting things you'll want to see today. Services» |Subscribe| |Twitter Feed| |Facebook Page| |Archives| |Contact Us| Collective Wisdom: Some free-thinking about social media as we enter the first decade ← → Samir Balwani Mike Volpe For social media marketers, 2010 will be the year that ... ...valuable, relevant and compelling content becomes the center of their social media strategy. Joe Pulizzi Junta42 The Content Marketing Revolution @juntajoe The term 'Social Media ROI' is still full of mystery as we enter 2010. What type of benchmarks should marketers be using right now? The most important thing is asking "Why?" What do you want to get out of social media for your company? That is what you need to measure. Is it for customer service, for acquisition, for retention? Figure that out first, then measure that. Have you read? How do you separate hype from reality in social media as we enter 2010? 10 Social Media Tools - Best Kept Secrets It's reality for companies if social media helps to accomplish their marketing goals. When a company can't figure out why they are doing what they are doing with social media, then it just stays hype to those brands. By Joe Pulizzi Will we be more, or less optimistic about the ability to sell through social media by this time next year? Again, it depends on purpose. Those who have a clear goal and follow through on that goal, social media will rise to the top. How would your favorite historical character have used today's social media? Jesus...just think of how fast his stories would spread through Twitter. For those who give their expertise unselfishly through social media, great things happen. ← → Samir Balwani Mike Volpe Who's Blogging What Spotting things you'll want to see today. Services» |Subscribe| |Twitter Feed| |Facebook Page| |Archives| |Contact Us| Collective Wisdom: Some free-thinking about social media as we enter the first decade ← → Joe Pulizzi Jay Baer For social media marketers, 2010 will be the year that ... ...we all realize that social media marketing is only one tool, and it should be used with other marketing tools, not instead of them. Mike Volpe HubSpot Inbound Marketing Blog @mvolpe The term 'Social Media ROI' is still full of mystery as we enter 2010. What type of benchmarks should marketers be using right now? Business benchmarks never change. It is always about sales, and things that lead to sales, like leads. If a marketing activity does not drive sales in some way, it is not a useful activity. I think in 2010 more companies will start to realize the importance of closed loop marketing and will be able to implement marketing software that measures the number of new customers coming from each marketing channel. Have you read? 4 Minutes to Optimize a LinkedIn Profile for SEO By Mike Volpe How do you separate hype from reality in social media as we enter 2010? I measure sales and things that lead to sales. If you are measuring real metrics that impact your business, you'll never get lost in the hype. Will we be more, or less optimistic about the ability to sell through social media by this time next year? Less optimistic, but more realistic. People will realize social media marketing is not magic, it is just another tool, like email, blogging, search engine optimization - and it deserves a place in use alongside all those other tools. How would your favorite historical character have used today's social media? Adam Smith, the economist who wrote the wealth of nations. He would have loved social media because it breaks down barriers and provides for more free flow of information, making markets more efficient. I think he could have used social media to spread his ideas more quickly and effectively, which might have lead to free trade and specialization of production becoming more prevalent more quickly, perhaps shaping the global economy in new and different ways. Any parting advice as we enter the first social decade? You don't go to the gym and only do curls with your right arm, you workout your whole body. Social media is only effective when combined with other marketing tools as part of an overall and comprehensive inbound marketing strategy. ← → Joe Pulizzi Jay Baer Who's Blogging What Spotting things you'll want to see today. Services» |Subscribe| |Twitter Feed| |Facebook Page| |Archives| |Contact Us| Collective Wisdom: Some free-thinking about social media as we enter the first decade ← → Mike Volpe Bernie Borges For social media marketers, 2010 will be the year that ... ...we figure out how to intelligently use all these tools we're so gaga over. Jay Baer Convince & Convert @jaybaer The term 'Social Media ROI' is still full of mystery as we enter 2010. What type of benchmarks should marketers be using right now? True "ROI" requires revenue calculation and attribution. That's complex, and it takes time. Most marketers are still tracking non-financial, trending benchmarks like Web traffic and numbers of fans and friends. You should be tracking these metrics, but don't confuse them with ROI. Have you read? How do you separate hype from reality in social media as we enter 2010? Should Facebook Dominate Your Social Media Strategy? Consumers will do that separation for us. If it feels like you're forcing the issue with your social media marketing, you are. By Jay Baer Will we be more, or less optimistic about the ability to sell through social media by this time next year? We'll be more optimistic about customer service and social CRM, and less optimistic about customer acquisition via social media. How would your favorite historical character have used today's social media? Robin Hood. He easily could have raised money with tweets and PayPal. Much easier. No arrows. No fights. No living in a forest (unless there was Wi-Fi). ← → Mike Volpe Bernie Borges Who's Blogging What Spotting things you'll want to see today. Services» |Subscribe| |Twitter Feed| |Facebook Page| |Archives| |Contact Us| Collective Wisdom: Some free-thinking about social media as we enter the first decade ← → Jay Baer Jacob Morgan For social media marketers, 2010 will be the year that ... Bernie Borges Find and Convert Find and Convert Blog @berniebay ...marketers must learn to create experiences to fully engage their buyers. Buyers have too many choices. They want to be educated, enlightened and entertained. Marketers who do not create "experiences" where buyers can engage with them in fun or interesting ways will differentiate the best. These marketers will build trust and win customer mindshare. The term 'Social Media ROI' is still full of mystery as we enter 2010. What type of benchmarks should marketers be using right now? Have you read? Buyers want to buy from brands they like and trust. Brands who build trust win. Ways to measure ROI include the increase in the number of subscribers to their content profiles on the web, re-tweets, downloads, blog comments and brand mentions. Brands should measure mentions diligently. Measure company name, product name, category, people and industry mentions. Also, measure sources of website/blog traffic and keywords. Track the trend among all of these elements. Also, measure which content topics are the most popular and produce more of popular topics. These measurement strategies are cogs in the wheel. Measure the trend in sales activity and correlate it to the progress in all of above. Measuring Results in Social Media Marketing By Bernie Borges Will we be more, or less optimistic about the ability to sell through social media by this time next year? I'm concerned we may be less optimistic about the ability to sell through social media in 2010. The reason is a lot of people are starting to use social media with a "bull in a china shop" attitude. These idiots are creating negative results and giving social media a bad rap. Only the marketers who create great content and engage buyers in interesting and compelling ways can effectively sell in social media. How would your favorite historical character have used today's social media? My favorite historical character is Thomas Jefferson and the founding fathers of the U.S Constitution. If these men had access to the web during the time of drafting the constitution they would've blogged, tweeted and shared their thoughts so profusely. The word would have spread so much faster on the web. The user generated content from the citizens would have been so remarkable that the constitution would've been completed faster and with much more community building. Mother England would've realized their losing battle much sooner. Perhaps the Revolutionary War could have been avoided altogether. Instead, perhaps the Revolutionary War could have been fought and won through content on the web! Any parting advice as we enter the first social decade? Marketers need to understand that we are in a period in history that is still in transition. The sooner marketers understand that their buyers want to engage with them the same way these marketers want to engage. No one wants to be insulted by advertisers anymore. Buyers want to talk each other and consume content. Marketers who don't get that are at risk of losing market share at best and going out of business at worst. ← → Jay Baer Jacob Morgan Who's Blogging What Spotting things you'll want to see today. Services» |Subscribe| |Twitter Feed| |Facebook Page| |Archives| |Contact Us| Collective Wisdom: Some free-thinking about social media as we enter the first decade ← → Bernie Borges Jake Hird For social media marketers, 2010 will be the year that ... Jacob Morgan Chess Media Group Social Media Globetrotter @JacobM ...we really start to look at the evolution of social media and how it can be fully integrated into an organization. We will see budgets shift towards social media and taken away from some traditional media outlets. Mobile is going to become even more prevalent as a crucial strategic piece to the social media puzzle. Marketers will also have a much more solid understanding of what ROI is and will be utilizing many of the new tools and platforms on the horizon that will help get at the data. Marketers are going to have to really focus on the relationships that they can build with consumers. Have you read? The term 'Social Media ROI' is still full of mystery as we enter 2010. What type of benchmarks should marketers be using right now? Two Examples of Companies Measuring Social Media ROI There should be no mystery behind ROI. ROI is: (gain from investment - cost of investment) / (cost of investment) and is a financial metric, meaning it deals with dollars and cents. If you are looking at metrics that do not involve $ then you are no longer looking at ROI you are looking at Impact, and we need to distinguish between the two. You can't put dollars in on one side and get eyeballs out on the other, the currency is not variable. What goes in must come out. The "mystery" comes into play when we start confusing ROI and Impact and start interchanging variable's that don't go together. By Jacob Morgan How do you separate hype from reality in social media as we enter 2010? Look at results and the things that have been done. I don't think there is that much hype around social media, I just think that there are too many people that are claiming to be "consultants" or "experts" that have no business being in the space. It's one thing to educate people on how to use a tool or a platform, it's quite another to be able to develop a strategy behind it. One of these people is a trainer, the other is a consultant. Let's not mix up the two. The people that know what they are doing already exist, they are out there doing this. Instead of trying to create more consultants we need to worry about finding the one's that already exist. Will we be more, or less optimistic about the ability to sell through social media by this time next year? That's the wrong question to be asking and not something that consumers are going to be looking for. We shouldn't be selling anything directly; that reminds me of spam. What we should be doing is giving consumers the things they want how they want it. This means you start off by understanding who your consumers are i.e. building relationships with them. Oftentimes consumers will opt in to receive things that are relevant to them. This isn't about companies trying to sell to consumers, this is about consumers telling companies that they are interested in what they have to offer. I'm much more optimistic about companies seeing results in social media; if they work with the right people. Any parting advice as we enter the first social decade? Stop looking at social media as a series of tools and instead focus on the underlying strategies that are needed to make everything possible. Remember that social media can be used to collaborate externally; meaning brand to consumer, or internally; meaning within the company or what is commonly referred to as Enterprise 2.0. Successful practitioners are going to have to have a solid business background and a scalable team to make this happen. This is business. ← → Bernie Borges Jake Hird Who's Blogging What Spotting things you'll want to see today. Services» |Subscribe| |Twitter Feed| |Facebook Page| |Archives| |Contact Us| Collective Wisdom: Some free-thinking about social media as we enter the first decade ← → Jacob Morgan Maddie Grant For social media marketers, 2010 will be the year that ... Jake Hird Econsultancy @Jake_Hird ...there may well be a "hype-cycle" curve as some organisations suddenly start to question the merits of using social media within their marketing strategies. This is partly due to a combination of current poor-planning, not realising objectives from the outset, not putting realistic KPIs/measurements in place and a general lack of understanding as to how the social sphere works. Despite this negativity that may occur, 2010 is likely to bring huge developments in social-search, where semantic and real-time search will blur even more into social media, possibly providing cross opportunities in PPC, customer engagement/service and similar disciplines. Have you read? The term 'Social Media ROI' is still full of mystery as we enter 2010. What type of benchmarks should marketers be using right now? 20+ more mind-blowing social media statistics This totally depends on the objectives of the organisation using social media. Do they want soft-engagement? Do they just want to participate in reputation monitoring? Are they using social media as a customer service tool? Are they wanting to drive a branding campaign or just deliver a monetary ROI? I would suggest that in order to understand the return social media can give, marketers need to understand what goals they are investing into. By Jake Hird How do you separate hype from reality in social media as we enter 2010? I think social media will continue to mature and develop through 2010 and in doing so, we'll see a the hype begin to separate itself from reality - especially on a practitioner level - as we've previously seen in other areas of the digital marketing industry such as SEO or PPC. Those who genuinely understand, engage and deliver within social media will shine, whereas the "snake-oil salesmen" will increasingly be exposed. How would your favorite historical character have used today's social media? Tough call. If the levels/types of social media that currently exist where around even 15-20 years ago, imagine how different the entirety of history would be... Any parting advice as we enter the first social decade? We've only just seen the tip of the iceberg... exciting times lie ahead and 2010 will be no exception! ← → Jacob Morgan Maddie Grant Who's Blogging What Spotting things you'll want to see today. Services» |Subscribe| |Twitter Feed| |Facebook Page| |Archives| |Contact Us| Collective Wisdom: Some free-thinking about social media as we enter the first decade ← → Jake Hird Janet Fouts For social media marketers, 2010 will be the year that ... ...companies realize they can't create word of mouth without the relationships and the community behind it. Maddie Grant SocialFish Socialfishing @maddiegrant The term 'Social Media ROI' is still full of mystery as we enter 2010. What type of benchmarks should marketers be using right now? You can't benchmark without specific objectives. Based on those objectives, companies and organizations can measure engagement, brand mentions, sales, conversations, and whatever else creates business intelligence for them. Getting the data is not the hard part - making sense of the massive amounts of data out there is. Have you read? 10 Organizational Uses for Twitter Lists How do you separate hype from reality in social media as we enter 2010? By Maddie Grant There will always be hype about the latest shiny tools. If we always bear in mind that social media is not about the tools, but about relationships and sharing the love (word of mouth), then we'll stay grounded and be able to provide business value using any tool. Will we be more, or less optimistic about the ability to sell through social media by this time next year? More optimistic. Building community through social media takes time - by this time next year, more organizations will have matured in this space. How would your favorite historical character have used today's social media? Andy Warhol would have peed his pants over the democratization of value. He would have been today's Hugh MacLeod :) Any parting advice as we enter the first social decade? Just that I look forward to learning even more from each other as we help organizations figure this stuff out. It's all still really exciting and I believe true evangelists for the huge potential of communication via social media will continue to rise above those who are just in it for a quick buck. It's all a continuously evolving ecosystem and I can't wait to see where we'll take it next. ← → Jake Hird Janet Fouts Who's Blogging What Spotting things you'll want to see today. Services» |Subscribe| |Twitter Feed| |Facebook Page| |Archives| |Contact Us| Collective Wisdom: Some free-thinking about social media as we enter the first decade ← → Maddie Grant Jim Gianoglio For social media marketers, 2010 will be the year that ... ...social media is an accepted part of small business marketing plans from the getgo. Janet Fouts Tatu Digital Media Tatu Digital Media Blog @jfouts The term 'Social Media ROI' is still full of mystery as we enter 2010. What type of benchmarks should marketers be using right now? They need to set benchmarks based on the goals -not the tools. How do you separate hype from reality in social media as we enter 2010? By showing how it works in real world situations with case studies and live demos. Have you read? Will we be more, or less optimistic about the ability to sell through social media by this time next year? Twitter manners- how to write good tweets and be a good twittizen By Janet Fouts We will be more realistic about the value of social media and that makes it easier to be optimistic-with a really grounded base. How would your favorite historical character have used today's social media? Anais Nin would have loved this. Who knows how her world would have expanded? Any parting advice as we enter the first social decade? Stop hyping and get to work with some real outcomes to share with your clients. It's not about numbers- the value is in connections that get results. ← → Maddie Grant Jim Gianoglio Who's Blogging What Spotting things you'll want to see today. Services» |Subscribe| |Twitter Feed| |Facebook Page| |Archives| |Contact Us| Collective Wisdom: Some free-thinking about social media as we enter the first decade ← → Janet Fouts Sharlyn Lauby For social media marketers, 2010 will be the year that ... ...they get taken a bit more seriously and play a more integrated role within the marketing department. Jim Gianoglio LunaMetrics @jgianoglio The term 'Social Media ROI' is still full of mystery as we enter 2010. What type of benchmarks should marketers be using right now? There are a lot of ways to measure social media, but I have 3 favorites: 1. Brand mentions (and the surrounding sentiment) 2. Engagement (how many people are commenting on your blog, Facebook fan page, etc.) 3. Site traffic from social media initiatives Have you read? How do you separate hype from reality in social media as we enter 2010? Tracking Your TCT (Twitter Click Through) If something new comes along, figure out if/how it can help you achieve your goals. Does Twitter help you achieve your goal? I t doesn't for everyone, and for them, it's just hype. For others, it's a very integral part of their strategies and does help them achieve their goals, hence, it's a reality for them. I guess it just depends on what your goals are. By Jim Gianoglio Will we be more, or less optimistic about the ability to sell through social media by this time next year? Less optimistic. In my mind, social media is absolutely not about selling. If the reason I'm using social media is to sell something, then I'm doing it wrong. Sure, selling stuff (products, services, etc.) can often be an indirect result, but I view that as icing on the cake. How would your favorite historical character have used today's social media? What if the founding fathers of America had used Twitter? I can imagine their tweets back and forth: @tjefferson - let's ad something about men being created equally RT @GeorgeW - @tjefferson - let's ad something about men being created equally RT @johnadmas RT @GeorgeW - @tjefferson - let's ad something about men being created equally @poorRichard gonna hit the pub for a pint afterwards join us? ← → Janet Fouts Sharlyn Lauby Who's Blogging What Spotting things you'll want to see today. Services» |Subscribe| |Twitter Feed| |Facebook Page| |Archives| |Contact Us| Collective Wisdom: Some free-thinking about social media as we enter the first decade ← → Jim Gianoglio Ari Herzog For social media marketers, 2010 will be the year that ... ...we stop talking about adopting social media and start talking about implementation. Sharlyn Lauby ITM Group, Inc. HR Bartender @sharlyn_lauby The term 'Social Media ROI' is still full of mystery as we enter 2010. What type of benchmarks should marketers be using right now? I believe that social media ROI is no different than any other kind of ROI. Any time you create a strategy, you plan the action steps, you set goals and you measure outcomes. It is possible to measure outcomes with social media. Have you read? How do you separate hype from reality in social media as we enter 2010? 10 Must-Haves for Your Social Media Policy Hype will always exist in some form or fashion. People need to take time to build relationships, even online ones. Being able to connect in person with people you’ve met online (via conferences and meetups) will also enhance the value of relationships. By Sharlyn Lauby Will we be more, or less optimistic about the ability to sell through social media by this time next year? Right now, I believe people are very optimistic about using social media for sales. As a result, many organizations will put their toe in the social media waters. In a year, their attitude will be driven by how much planning and thought were put into their decision. Organizations that put thought into things like social media strategies, goals, training, etc. will have a different outlook than those who just open a Twitter account and don’t think the process through. How would your favorite historical character have used today's social media? My HR Bartender blog, combines my passion as a foodie with my career in human resources, so I can’t resist the opportunity to talk about a food personality. It’s interesting that the recent movie, Julie and Julia, started from a blogging project. Julia Child was a pioneer in television cooking…I wonder if she would have adopted social media and how she could have used tools like YouTube and Facebook to educate people about cooking. Any parting advice as we enter the first social decade? Cheers! ← → Jim Gianoglio Ari Herzog Who's Blogging What Spotting things you'll want to see today. Services» |Subscribe| |Twitter Feed| |Facebook Page| |Archives| |Contact Us| Collective Wisdom: Some free-thinking about social media as we enter the first decade ← → Sharlyn Lauby Cameron Chapman For social media marketers, 2010 will be the year that ... Ari Herzog Ari Herzog & Associates AriWriter @ariherzog ...the world gets a little smaller. With the increasing global adoption of broadband connectivity and the deployment of web applications to mobile devices, the tenth year of the 21st century will focus on bridging the digital gap. For a marketer, this will mean looking beyond the target audience and into friends of friends, wherever in the world they may be and whatever technology they use to connect. The term 'Social Media ROI' is still full of mystery as we enter 2010. What type of benchmarks should marketers be using right now? Have you read? The better question is what benchmarks should not be used, and I can't think of any. 6 Twitter Search Services Compared How do you separate hype from reality in social media as we enter 2010? By Ari Herzog I recall June 2009 when the U.S. State Department asked Twitter management to delay rebooting its server because the government was monitoring tweets in Tehran. Twitter agreed to delay its server maintenance by a day. When Twitter is used as a conduit to affect societal change, it's not hype. Yet, the typical company wants to create a Twitter account because the media and other firms hype its importance. I recently wrote at http://ariwriter.com/why-social-media-is-a-fad/ about the importance to not confuse the tool with the hype about the tool. Let's keep the Tehran on Twitter case study in mind as we enter 2010. Will we be more, or less optimistic about the ability to sell through social media by this time next year? When newspaper obituary sections remain both profitable and among the most eyeballed, how many social media marketing firms advise their clients to place ads in newspapers? I think we will be more optimistic about selling through all forms of media, with SM a piece of the pie. How would your favorite historical character have used today's social media? Jim Henson was responsible for much of my youth development through creating the Muppets, inspiring "Sesame Street," and promoting diversity. While Sesame Workshop is active in social media today (I just followed @SesameStreet moments ago), I wonder how Henson would have availed himself of this new media. I envision him designing Muppets on Second Life, sharing designs and thoughts on Flickr and YouTube, and maybe hosting a weekly show on BlogTalkRadio. Henson would be an evangelist of improving educational curricula, by bringing kids out of their chairs and enabling a greater hands-on teaching approach. He'd bring the Muppets alive in a new and social way -- a way we can only dream! Any parting advice as we enter the first social decade? Marketing and monitoring are more synonymous than different. Yet, many social media marketing firms view themselves as different than social media monitoring firms. Something to think about. ← → Sharlyn Lauby Cameron Chapman Who's Blogging What Spotting things you'll want to see today. Services» |Subscribe| |Twitter Feed| |Facebook Page| |Archives| |Contact Us| Collective Wisdom: Some free-thinking about social media as we enter the first decade ← → Ari Herzog Danny Flamberg For social media marketers, 2010 will be the year that ... Cameron Chapman Cameron Chapman on Writing @cameron_chapman ...interaction will become more important than ever. Social media users don't want to be marketed to. They want to feel like the companies they do business with are really listening to them and are willing to do what it takes to make them happy. Having a conversation with your followers is more effective than pitching a product to them. The term 'Social Media ROI' is still full of mystery as we enter 2010. What type of benchmarks should marketers be using right now? Have you read? Do your followers respond when you ask a question? Do they share or retweet the things you post? Do they comment on your updates or blog posts? If not, you're probably not doing it right. 85+ of the Best Twitterers Designers Should Follow By Cameron Chapman How do you separate hype from reality in social media as we enter 2010? It's all hype. The way people respond to the hype is what makes some of it reality and some of it wither away. Will we be more, or less optimistic about the ability to sell through social media by this time next year? I think if all we're trying to do is sell through social media, we're not going to get very far. Form relationships and make your customers happy. Social media marketing is no different than word of mouth marketing, just easier for your customers. How would your favorite historical character have used today's social media? John Galt (Atlas Shrugged) would have used social media to reach more potential followers and to get the word out about what he was doing. Gulches would have sprouted up all over the world, connected via private networks and ecommerce would have made it possible for them to do business once they'd reached each other through social media. "Who is John Galt?" probably would have been one of the most popular memes in Internet history (complete with T-shirts). Any parting advice as we enter the first social decade? Social media is a conversation. Be responsive to your customers whether they're saying something positive or negative. Offering to help if a customer has a negative experience can go a very long way to making things better. And make sure you have a presence on sites like Twitter or Facebook, where people may be talking about your company. Respond on the channels your customers frequent to improve your company's overall image. ← → Ari Herzog Danny Flamberg Who's Blogging What Spotting things you'll want to see today. Services» |Subscribe| |Twitter Feed| |Facebook Page| |Archives| |Contact Us| Collective Wisdom: Some free-thinking about social media as we enter the first decade ← → Cameron Chapman Joel Postman For social media marketers, 2010 will be the year that ... Danny Flamberg Juice Pharma Worldwide Manhattan Marketing Maven @flamster ...B2B marketers will heartily embrace social media and create robust vertical gated communities where real ideas and opinions get discussed by people who really know what they're talking about. Early examples like Sermo, for doctors who have to input their DEA numbers to join, will blossom in many industries. Social media platforms and marketers will finesse legal and regulatory concerns that have held them back so far. And these closed online clubs will generate significant traffic and user loyalty. The term 'Social Media ROI' is still full of mystery as we enter 2010. What type of benchmarks should marketers be using right now? Have you read? 5 Facebook Brand Success Factors It depends on how social media is deployed. If its as a branding tool, then the measure is awareness, brand preference and intent to buy. If its used as a lead gen instrument, then qualified leads and cost per lead and cost per sale are the operative metrics. If its an eCommerce play number of units sold and profit per customer become the scoring memes. By Danny Flamberg How do you separate hype from reality in social media as we enter 2010? Experimentation, skepticism and common sense. Evangelists and advocates outnumber real operational marketers by 20:1. Real case studies and hard data are not readily available, even in trade circles. Lots of those promoting social media do NOT have P/L responsibility for brands or sales and are not directly engaged with online clients day-to-day, so lots of logical, but not practical ideas, are bandied about. There is also a lot of trivia and insignificant content in social that few want to discuss. Watch the credible early adapters. That's what the big brands and the big media spenders are doing. Ignore the scores of self-proclaimed social media gurus, yours truly included. Will we be more, or less optimistic about the ability to sell through social media by this time next year? It depends on two gating variables ... 1. Will the social platforms figure out how to sell and how to engage marketers and agencies with programs and deals that align with brand objectives and deliver business results in ways that are re-sell-able up the client food chain and are generally comparable to the other online media already in the budget mix? 2. Will bell weather brands and social media pioneers divulge hard facts and figures, tactics and real business results that document and promote their use of the social media in ways that rank-and-file marketers can understand, recommend and replicate? How would your favorite historical character have used today's social media? Timothy Leary would have used social media and viral video to turn on a much broader and more diverse global generation. Any parting advice as we enter the first social decade? Monitoring the buzz will become the rage. Agencies will scramble to license Radian6, the defacto standard content mining tool, and then display, dissect and interpret what's being said and by whom for their clients. This will yield very eager early interest, but damn few actionable or directional insights. Sentiment analysis and social media Sherpas will be the "must have" addition to the 2010 marketing arsenal. ← → Cameron Chapman Joel Postman Who's Blogging What Spotting things you'll want to see today. Services» |Subscribe| |Twitter Feed| |Facebook Page| |Archives| |Contact Us| Collective Wisdom: Some free-thinking about social media as we enter the first decade ← → Danny Flamberg Kelsey Childress For social media marketers, 2010 will be the year that ... Joel Postman Socialized @jpostman ...they will find themselves working with people inside large corporations who are as social media literate – or more so – than they are. Companies have been hiring for the social media skill set, and new grads are coming out of schools that have social media programs. This means social media marketers need to be prepared to respond to some serious, enterprise grade questions and concerns, in areas like measurement, security, and integration with existing systems and programs. No longer will a big smile, a thumbs-up, and an admonition to “get into the conversation” open any doors. Have you read? The term 'Social Media ROI' is still full of mystery as we enter 2010. What type of benchmarks should marketers be using right now? Using Facebook Fan Pages Effectively The benchmarks will have to match those metrics already applied to marketing programs, things like revenue, lead generation, customer acquisition, and awareness. By Joel Postman How do you separate hype from reality in social media as we enter 2010? There has been too much social media stunt marketing. Quick, flashy campaigns attract attention and make a name for both the company and its agency, but these don't drive much real business value. Will we be more, or less optimistic about the ability to sell through social media by this time next year? To answer this question, one has to define "the ability to sell through social media." Is a tweet with a link to a web site selling, or is it marketing? It's really akin to the role of a banner ad. And how do you convert customers, who have simply clicked "become a fan" of a company's Facebook page, or are these people not really qualified leads at all? And if you figure all of that out, how do you sell without being perceived as a spammer? There are so many unresolved issues. I am pessimistic about actual selling through social media. How would your favorite historical character have used today's social media? Alexis de Tocqueville, sometimes called a social scientist, would most certainly have been a blogger. de Tocqueville wrote, "In the United States, the majority undertakes to supply a multitude of ready-made opinions for the use of individuals, who are thus relieved from the necessity of forming opinions of their own." While not exactly an idealized view of the democratizing effect of social media, I can certainly think of social media situations to which this statement applies. ← → Danny Flamberg Kelsey Childress Who's Blogging What Spotting things you'll want to see today. Services» |Subscribe| |Twitter Feed| |Facebook Page| |Archives| |Contact Us| Collective Wisdom: Some free-thinking about social media as we enter the first decade ← → Joel Postman Ryan Peal For social media marketers, 2010 will be the year that ... Kelsey Childress Awen Creative The Social Robot @wonderwall7 ...social media marketing finally starts getting the respect that it deserves. Many people believe that social media strategy is easy and anyone can do it. However, they fail to realize that having an effective social media presence takes work and planning. I also hope that 2010 will be the year that businesses begin to understand that not everyone needs a Facebook or Twitter account just because everyone else has one. The term 'Social Media ROI' is still full of mystery as we enter 2010. What type of benchmarks should marketers be using right now? Have you read? Definitely website statistic tracking like Google Analytics. Setting up filters and goals around social media markers can be a great way to determine whether or not your social media marketing strategy is working. Other benchmarks may include the number of Fans/Followers on Facebook and Twitter, Facebook page insights and interaction, and Facebook advertising metrics. How To Measure The Value Of A Fan Or Follower In Social Media By Kelsey Childress Will we be more, or less optimistic about the ability to sell through social media by this time next year? Definitely more optimistic. However, I believe that it is a fine line between an effective social media selling method and over-saturating the market. Any parting advice as we enter the first social decade? Stay educated-- ours is an ever-changing market and learning for other experts in the field (through webinars, articles, blogs, and books) is the best way to gain expertise. Being the best social media marketer you can be will guarantee happy clients and effective social media campaigns! ← → Joel Postman Ryan Peal Who's Blogging What Spotting things you'll want to see today. Services» |Subscribe| |Twitter Feed| |Facebook Page| |Archives| |Contact Us| Collective Wisdom: Some free-thinking about social media as we enter the first decade ← → Kelsey Childress Mirna Bard For social media marketers, 2010 will be the year that ... Ryan Peal Momentum Worldwide Ideas, Imagination & Stuff (a.k.a. Ryan's View) @ryanpeal ...marketing directors all over the planet will start truly directing some real budgets to the world of social networking, and simultaneously, receive huge pats-on-theback and bonus money in their bank accounts from CEOs who almost in unison will say "ah, social media, engagement with consumers, real conversations, helping brands deliver some fun and entertainment . . . now i get it! Why didn't anyone tell me about this before?" The term 'Social Media ROI' is still full of mystery as we enter 2010. What type of benchmarks should marketers be using right now? Have you read? For me social media ROI is all about time people not only spend with a brand, but time they spend sharing the fun they are having with brands to friends and family. So measuring not just people becoming fans or clicking on websites, but rates of pass-alongs, second-degree reach, likes/favorites, comments, etc. Comedian Visits 100 Mayors In 30 Days, Working For Magic Keys By Ryan Peal How do you separate hype from reality in social media as we enter 2010? Really through the discussion above - the more that can be done to measure impact and engagement the more the reality of social media will be better understood and become less hype and more reality. CEOs (and CFOs for that matter) can't argue with real stats, real numbers, real needle moving that is possible with social media included in the overall marketing mix. Will we be more, or less optimistic about the ability to sell through social media by this time next year? Oh sweet Jesus in heaven above, lets hope we will be more optimistic. How many more years can it be the "year of social media" or the "year of social mobile media" or the year of "digital." With more funds being directed to social media campaigns brands can actually create movements grounded in social media, and not just as an add-on or something clever to extend an above-the-line advertising spend (yawn - so 3 years ago). How would your favorite historical character have used today's social media? Oh No - I first thought of Molly Ringwald as I didn't want to jump on the Jesus, Hitler, Joan of Arc bandwagon. Growing up in the 80's I joined millions watching her in 16 Candles, Pretty in Pink, The Breakfast Club. She was everywhere in traditional media. Imagine Molly and the Ringlets (her fans) connected via social media, Molly first on Twitter with 1M followers, creating webisodes to connect her movie characters. . . the content on YouTube and a Facebook fan page and reaction after each movie. Her cultural impact would have been supercharged to the max. And then I thought of Romeo & Juliet - imagine what one tweet in time could have done to create a different happy ending. Any parting advice as we enter the first social decade? To all the marketers, thanks for making 2009 the year of "maybe" the year of "still not quite sure" and the year of "here's what's leftover, now use this budget to show me social media works." Here's to the start of a new decade of new opportunities. ← → Kelsey Childress Mirna Bard Who's Blogging What Spotting things you'll want to see today. Services» |Subscribe| |Twitter Feed| |Facebook Page| |Archives| |Contact Us| Collective Wisdom: Some free-thinking about social media as we enter the first decade ← → Ryan Peal David Berkowitz For social media marketers, 2010 will be the year that ... ...we will probably start seeing many social network sites starting to charge for memberships for more quality control due to the amount of spam we saw in 2009. Mirna Bard MirnaBard.com Mina Bard Blog @MirnaBard The term 'Social Media ROI' is still full of mystery as we enter 2010. What type of benchmarks should marketers be using right now? How do you put a value on relationships; the value of the long-term relationships online and having brand evangelists spread the word about your products and services for your through social media is far greater than and more POWERFUL than ROI...we need to measure engagement. Are influencers sharing/commenting on our content? Is engagement increasing? Are we going from negative comments to positive or vice versa? Have you read? 10 Expert Relationship Marketing Tips By Mirna Bard How do you separate hype from reality in social media as we enter 2010? FTC released regulations in 2009 and I see much more of that in 2010. The release of the new rules on disclosure from the FTC. This will help trustworthy and ethical social-marketers and will help to eliminate the unethical marketers who are out to trick and scam people. This is definitely something to look forward to in order to separate the all the hype from reality. Will we be more, or less optimistic about the ability to sell through social media by this time next year? Always relationships first, sales second...I don't really see this changing with social media anytime soon or ever How would your favorite historical character have used today's social media? I have many favorites, but I can just imagine how much more powerful their message would have been and what bigger impact they would have made if they had social media..Einstein, Gandhi, Mother Teresa, Martin Luther King, and the list goes on... Any parting advice as we enter the first social decade? Have a plan! I cannot emphasize this enough. A strategy will have more sustainable than just jumping onto social media with no direction. ← → Ryan Peal David Berkowitz Who's Blogging What Spotting things you'll want to see today. Services» |Subscribe| |Twitter Feed| |Facebook Page| |Archives| |Contact Us| Collective Wisdom: Some free-thinking about social media as we enter the first decade ← → Mirna Bard Lisa Whelan For social media marketers, 2010 will be the year that ... ...including mobile social media in the mix becomes standard practice. David Berkowitz 360i Inside the Marketers Studio @dberkowitz The term 'Social Media ROI' is still full of mystery as we enter 2010. What type of benchmarks should marketers be using right now? Marketers should be using any benchmarks that tie into their overall objectives. They can use social media to understand who their customers are, what they're doing, and where, when, why, and how they're doing it. All of these can be traced back to metrics marketers can measure and understand. Additionally, brand marketers can tie social media results to brand metrics. There are dozens of benchmarks to consider (I write a list of 100 of them), and the only ones that matter for a given marketer are those that tie back to their objectives. Have you read? Facebook's Big Changes: Action Items for Marketers By David Berkowitz How do you separate hype from reality in social media as we enter 2010? I wish there was some magic answer for it. At my agency, we always ask four questions about any new strategy or vendor which can separate a lot of the hype: Does it meet the marketer's objectives, does it leverage their arsenal (all of the assets digital, physical, and brand-oriented that resonate with consumers), does it follow the rules of the road for any platform where it would run, and what's the value for consumer or end user? If you have answers to these questions, you're off to a good start. Will we be more, or less optimistic about the ability to sell through social media by this time next year? This time this year compared to last year has been a vastly different landscape for selling through social media. Marketers have become much more strategic, and much more demanding - in a good way. It's also gaining visibility at the most senior levels of marketers' organizations. I'm incredibly optimistic about how it's going to pan out next year. How would your favorite historical character have used today's social media? The first fictional character that comes to mind is Alexander Portnoy of Philip Roth's novel "Portnoy's Complaint." You can be sure he'd find some creative uses for social media, with many of his expressions obscene, and he'd undoubtedly have a large following extending his presence to YouTube. Any parting advice as we enter the first social decade? Good luck. :) ← → Mirna Bard Lisa Whelan Who's Blogging What Spotting things you'll want to see today. Services» |Subscribe| |Twitter Feed| |Facebook Page| |Archives| |Contact Us| Collective Wisdom: Some free-thinking about social media as we enter the first decade ← → David Berkowitz Paul Dunay For social media marketers, 2010 will be the year that ... ...campaigns get really interesting. Lisa Whelan Socialize Mobilize Socialize Mobilize Blog @lisawhelan The term 'Social Media ROI' is still full of mystery as we enter 2010. What type of benchmarks should marketers be using right now? Before establishing benchmarks to measure ROI, you should decide what constitutes "success" for a particular social media campaign. For example, if your primary goal in using Twitter is to increase sales on your company's website, you should monitor how much new traffic is pushed to your website through Twitter and measure how much of that traffic converts to new sales. Dell did this and attributed ~$3M in new sales to Twitter. In contrast, if increased brand awareness and improved sentiment is your goal, use a social media monitoring tool to measure the change in the number of mentions your brand gets online & whether those mentions are increasingly positive or negative. Have you read? Avoid selective hearing with 20 top social media monitoring tools By Lisa Whelan How do you separate hype from reality in social media as we enter 2010? The most effective way of separating hype from reality is to test and measure the effectiveness of social media marketing channels and campaigns over time. Set a "base goal" and a "stretch goal" for your social media marketing efforts in the short term (weekly/ monthly), medium term (every 6 months), *and* long term (1 year and beyond). Make sure your social media goals are aligned with your overall marketing goals as well as the performance & bonus plans of every employee involved in social media marketing. Fine tune your strategy to meet your goals. Experiment with social media campaigns, trying new things, especially if you're not seeing the positive results you were expecting. Will we be more, or less optimistic about the ability to sell through social media by this time next year? Only time will tell. Sales through social media marketing are on the rise and don't show signs of slowing in 2010. How would your favorite historical character have used today's social media? Batman wouldn't need to use the Bat-Signal to light up the night sky in Gotham if he had Twitter, Facebook, YouTube, and LinkedIn. ← → David Berkowitz Paul Dunay Who's Blogging What Spotting things you'll want to see today. Services» |Subscribe| |Twitter Feed| |Facebook Page| |Archives| |Contact Us| Collective Wisdom: Some free-thinking about social media as we enter the first decade ← → Lisa Whelan Kirsti Scott For social media marketers, 2010 will be the year that ... Paul Dunay Avaya Buzz Marketing For Technology @pauldunay ...social leaves marketing and starts to transform other areas of the company. Companies will work with virtual teams to source and deliver work from far flung parts of the world. Finance teams will be getting tweets on billing and finance issues directly from the socialsphere rather than from the traditional channels. Recruiters are clearly already using Social Networks like LinkedIn as their first source of candidates. HR is checking the background of those new hires on Social Networks looking to see what this new hire is all about. Product development and R&D will start to develop products using social media. Have you read? The term 'Social Media ROI' is still full of mystery as we enter 2010. What type of benchmarks should marketers be using right now? 5 Tips for Optimizing your Facebook Marketing I still feel there is only one metric that counts – SALES. Ringing the cash register is the best if not the only way to prove marketing value. And our lead nurturing platform has been immensely helpful in giving transparency into that process and showing that value. I think you need to revisit your metrics and think of them in 3 tiers: 1) Reach metrics – Web site impressions, page views, radio impressions etc… 2) Efficiency metrics – Cost per click, time spent on the website, downloads of a paper or podcast etc. 3) Value – Contribution to Pipeline, contribution to Bookings, ROI on overall bookings. By Paul Dunay How do you separate hype from reality in social media as we enter 2010? To a certain extent - social media has been over hyped in 2009 - I think that will cool down a bit next year as marketers and companies begin to realize the benefits of social media. Will we be more, or less optimistic about the ability to sell through social media by this time next year? Much more optimistic - because of things like storefronts in Facebook, Facebook ads should start to be discovered by marketers and they should have rich media like video and audio embedded in them soon. Facebook ads should become like Google AdWords next year and help marketers sell more in the same way that keywords on search work. We are still in the early stages of social media which I think sets the stage for mobile marketing! How would your favorite historical character have used today's social media? My favorite historical character is Harry Houdini and he would have been very popular with social media. I would imagine he would have a very popular Facebook page with perhaps millions of fans. Most likely he would have tons of cool videos on YouTube that have gone very viral. And his Twitter feed would also be very popular. Houdini in my mind was not a magician he was a marketer extraordinaire who came up with terrific ways to promote his act in the early years of his fascinating career. ← → Lisa Whelan Kirsti Scott Who's Blogging What Spotting things you'll want to see today. Services» |Subscribe| |Twitter Feed| |Facebook Page| |Archives| |Contact Us| Collective Wisdom: Some free-thinking about social media as we enter the first decade ← → Paul Dunay Donna Maria For social media marketers, 2010 will be the year that ... ...traditional marketing and social media marketing are combined in integrated campaigns. Kirsti Scott Scott Design Inc Hot Design Blog @hotdesign The term 'Social Media ROI' is still full of mystery as we enter 2010. What type of benchmarks should marketers be using right now? Follower/Fan counts, number of interactions, subscribers. How do you separate hype from reality in social media as we enter 2010? Have you read? The most important thing to remember is not the tool you use to spread your message, but that your message is consistent across all media. Not exactly identical, as each medium has a slightly different audience, but well-crafted and targeted. Connecting with customers through Facebook By Kirsti Scott Will we be more, or less optimistic about the ability to sell through social media by this time next year? More ← → Paul Dunay Donna Maria Who's Blogging What Spotting things you'll want to see today. Services» |Subscribe| |Twitter Feed| |Facebook Page| |Archives| |Contact Us| Collective Wisdom: Some free-thinking about social media as we enter the first decade ← → Kirsti Scott Susan Payton For social media marketers, 2010 will be the year that ... Donna Maria Indie Business Media The Media Is You @indiebusiness ... we begin viewing Social Media as one of the many forms of "media," social and otherwise, that allow us to spread our ideas. The emphasis will shift from "macro" to "micro" as we focus on cultivating and serving very specific communities of people. The term 'Social Media ROI' is still full of mystery as we enter 2010. What type of benchmarks should marketers be using right now? Social Media ROI is mysterious because everyone is looking for a "one-size-fitsall" definition for it, and there is no such thing. While there's no room here for detail, the bottom line is that, once you know what you personally are trying to accomplish, through persistent and focused use of social media tools, you will know what works and what does not work to achieve your goals. Repeat what works and ditch the rest. Have you read? 7 Characteristics of Highly Effective Twitter Pages By Donna Maria How do you separate hype from reality in social media as we enter 2010? Hype and reality vary from situation to situation. That's why you have to know who you are and what you are trying to accomplish. Here's a 6-step process for doing this. First, know what type of persons you are trying to reach and exactly what you want to share with them. Second, find out where those people are. Third, join them where they are comfortable. Fourth, listen to them. Fifth, interact with them. Sixth, make yourself available to serve them. This 6-step process of focusing your efforts will help you stay on track and concentrate on what works for you, and not all of the hype people throw at you all the time. Will we be more, or less optimistic about the ability to sell through social media by this time next year? More optimistic. How would your favorite historical character have used today's social media? I don't have a "favorite," but I'm sure Martin Luther King would have made incredible use of social media. I'm not sure whether things would have worked out differently, but I'm sure new technologies would have served him well, and helped him serve others. Any parting advice as we enter the first social decade? 2010 is the year of the small and independent business owner! Now is the time to use new technologies to share what you have to offer the world! I look forward to all of the amazing people I will meet and things I will learn this year! ← → Kirsti Scott Susan Payton Who's Blogging What Spotting things you'll want to see today. Services» |Subscribe| |Twitter Feed| |Facebook Page| |Archives| |Contact Us| Collective Wisdom: Some free-thinking about social media as we enter the first decade ← → Donna Maria Larry Brauner For social media marketers, 2010 will be the year that ... ...more companies "get" it. Susan Payton Egg Marketing & Public Relations The Marketing Eggspert Blog @eggmarketing The term 'Social Media ROI' is still full of mystery as we enter 2010. What type of benchmarks should marketers be using right now? Web traffic, conversion, new followers on Twitter and Facebook. It's about brand recognition more often than actual sales. How do you separate hype from reality in social media as we enter 2010? Have you read? A million Twitter followers does not equal a million sales. Understand that conversion will come from a very small percentage of your social media contacts. HOW TO: Use Social Media in Your PR Pitch Plan Will we be more, or less optimistic about the ability to sell through social media by this time next year? By Susan Payton More optimistic, but more cautious. How would your favorite historical character have used today's social media? Buddha. He would have been able to reach the masses through Twitter and Facebook. ← → Donna Maria Larry Brauner Who's Blogging What Spotting things you'll want to see today. Services» |Subscribe| |Twitter Feed| |Facebook Page| |Archives| |Contact Us| Collective Wisdom: Some free-thinking about social media as we enter the first decade ← Susan Payton For social media marketers, 2010 will be the year that ... Larry Brauner Larry Brauner Online Social Networking @larrybrauner ...late adopters, concerned about falling behind, will rush to establish their social media presences with blogs, Facebook pages, LinkedIn profiles and Twitter accounts. Expect a lot of false starts and misguided attempts, such as companies trying to push their messages to consumers. The term 'Social Media ROI' is still full of mystery as we enter 2010. What type of benchmarks should marketers be using right now? As I discuss in "The Social Media ROI Obsession," most so-called social media marketing is really PR, not marketing, and trending soft metrics of engagement and reputation may be more promising than studying acquisition costs and computing net present values. Have you read? The Social Media ROI Obsession By Larry Brauner How do you separate hype from reality in social media as we enter 2010? An emphasis on targeting, reaching and engaging your audience is probably more real than emphasizing the use of trendy tools, projected website visits or expected return on investment. Will we be more, or less optimistic about the ability to sell through social media by this time next year? There will be some amazing success stories in 2010, but for many marketers, failure to fully grasp social media concepts and to adjust to social media's long tail of ROI will lead to disappointment. This, in turn, may prematurely dissuade marketers from further investment in social media, which would be a strategic error. Any parting advice as we enter the first social decade? While certain social media, such as blogs and Facebook pages, will have broad application this year, focus on objectives and paradigms before selecting the sites and techniques you will use. ← Susan Payton
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