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There is no doubt about the fact that to grow any business these days; some sort of participation in social media is necessary. With so many choices and so little time to understand how it all fits together, however, small businesses are clearly overwhelmed. In order to make good choices and create a plan that is tailored to your skill level and needs, you need to stop and take a deep breath before you go trying things willy nilly!
There are three considerations that business owners need to make prior to deciding which tool are the best for the job. Mind you- these will (or should) not be new to you. If they are foreign- then you need to take two steps back and re-evaluate your business marketing strategies because without them you will be lost.
1. Who is your target audience?
2. What are your goals?
3. How are you going to manage time spent on your social media efforts?
Who is your target audience? This one always seems to be more of a challenge than I hope for clients and perhaps it is because they tend to have more than one audience-which is OK! But- in order for your marketing to be effective you need to focus on one at a time. Work through the specifics of this audience to get really clear.
Categories: If you are selling financial services to the elderly for example, you might be targeting a few specific groups: Baby Boomers who are caring for their parents and don't have the resources to take on additional responsibilities.; You could be looking to get in front of residents of independent living facilities for the "younger" generation of retired individuals who are still somewhat independent.; You may also be looking to create some name recognition with the above mentioned facilities' personnel to offer your value added service to their clients... See how this goes.
Geography: Are you looking to establish yourself locally and provide in-person service to your clients? If so, you need to think about the names of towns, regions, and states that you want to target. Perhaps you want to only travel within a 30 mile radius of your house, or in New England, etc. If however, you want to be known nationally- then that's a different story all together.
Tools: The tools you will choose to reach these groups will depend on whom you are targeting. If you are looking to reach those 75 year olds directly, Facebook may not be your best choice. If you are trying to reach local facility administrators, however, LinkedIn might be a great place to start.
What are your Goals? This is another heavy hitter as far as challenging your thinking. Do you have a specific number of new clients you would like to obtain as a result of your efforts? Do you want to become a leader in your field or be revered as an expert? Perhaps you want to have lined up 3 seminars for 25 people in the next three months. Whatever the case may be, this exercise is designed to guide your strategic marketing decisions.
How are you going to manage it all? Now that you know why you are doing all of this and who your target audience is, you need to put your ideas in motion. This is where you should be seeing yellow CAUTION tape in your mind, because there is a quicksand minefield waiting for you on the other side! You think I am kidding? Ask anyone who uses Twitter and see how easy it is to spend a whole day tweeting and clicking on links and re-tweeting. Can this be a good thing? Absolutely! But as I heard Rick Burnes, Inbound Marketing Manager at HubSpot indicate today on his webinar How to Manage your Social Media in 10 Minutes a Day- if you are spending an excessive amount of time working on your social media- you are detracting from the other things like customer service, lead follow-up and billable work. Additionally, if you are too deep into the mix, you may not be able to listen and learn from what your audience is telling you. (Paraphrased)
In summary: There are so many advantages to using social media to grow your business and make valuable connections with fellow professionals.
Some Benefits
o Can reach a lot of people with little work.
o Can implement several marketing campaigns at once.
o Can use these programs to drive traffic to your website or brick and mortar business.
o Can find valuable information and resources.
o Gain credibility across professions.
Some Pitfalls
o Can be time consuming if not careful about goals and time management.
o If profiles are not filled out adequately or you are not providing quality content, you may lose visitors and/or valuable opportunities.
o If used inappropriately, your reputation can be tainted.
So, if you are going to take anything away from this blog post- remember to look at the big picture and start with TARGET AUDIENCE, GOALS and HOW MUCH TIME you really have to dedicate to the plan. Then put it all together in a purposeful and professional fashion.
Helpful Links:
http://www.hubspot.com This organization offers educational webinars and all sorts of free tools that you can use to manage your social media marketing efforts.
http://www.commoncraft.com This site is full of simple and clear videos about social media and other topics.
http://www.twitter.com
http://www.linkedin.com
http://www.facebook.com
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