Promote Business through Social Media

The Opportunities of Social Media in Business

What is Social Media?
That's a good question and its answer could fill pages without giving clarity which a small businessman might desire.The simple way to define Social Media is :
Social media is the use of technology to co-create, know, like, and trust.
Social media, and by that I'm lumping together blogs, social search, social networking, and bookmarking, presents the marketer with a rich set of new tools to help in the effort to generate new business.

Social Media Marketing

The Older way of marketing is famous 4 P's:
1. Create a Product.
2. Figure out how to price it?
3. Placed in the market.
4. Promote the product.

Product - Price - Placement - Promotion

Today's approach to marketing, the approach infused with social media, leans much more heavily on the 4 Cs of marketing:
1. User generated Content.
2. Content is delivered in a Context that makes it useful for people.
3. Make Connections with people, products and brands.
4. Build a Community around.

Content - Context - Connection - Community = Social Media Marketing

An integrated social media strategy
It's important to have a new media strategy attached to your new media tactics-or you'll find yourself running around in circles and left with a sense that all this online networking stuff is a big fat waste of time.

Here are some worthy marketing objectives where new media tactics can excel:

- Do you want to spread your content and expertise to new audiences?
- Do you want to network with like-minded individuals and companies?
- Do you want to build a community of evangelists?
- Do you want to involve your customers and prospects in co-creation?
- Do you want to automate the process of repurposing content?
- Do you want to reach new audiences in the exact way they choose to communicate?
- Do you want to be seen as a thought leader in your industry?
- Do you want ways to aggregate and filter content so you and your people can digest it?
- Do you want to easily hear literally everything that's being said online about your brand,
products, or industry in real time?
- Do you want to be seen as a trusted source of information?

The best way to look at social media is to view it as a way to open up new access points. These points can then be leveraged to create content, context, connection, and community. Do that well, and they can also add to lead generation, nurturing, and conversion. And that's the
payoff of social media. But get the order wrong, get the interaction wrong, get the participation wrong-and you may never see much return on the time you invest. Social media conversations are just that-open, honest, transparent conversations, not sales
pitches or shouting festivals.

Go Ahead..

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The hierarchy of Social Marketing

One of the things that small-business marketers struggle with around the entire topic of social marketing is trying to jump into the next new thing without enough analysis of what they should focus on.

Most small-business owners should look at the following progression or hierarchy as they move deeper into social-marketing tactics. So, jump in, but do it in this order and don't move on until you have the basics of each stage down and working for you.

1. Blogging
Blogging is the foundation of Pyramid. Blogging can help each core fragment of what makes up a successful and viable company. The core needs for any business are as follows:
- Decent ideas
- A great product
- Visibility
- A well-trained team of people who work hard to make the company succeed
You also need good marketing, great customer relations, an awesome sales force, decent customer support, and a host of other factors. But if you have ideas, a product worth selling, a solid team behind it, and potential customers, the rest will follow naturally.

Read Blogs, Comment on Blogs. This is the doorway to all other Social Marketing.

2. RSS
RSS (Rich Site Summary) is a format for delivering regularly changing web content. Many news-related sites, weblogs and other online publishers syndicate their content as an RSS Feed to whoever wants it. RSS solves a problem for people who regularly use the web. It allows you to easily stay informed by retrieving the latest content from the sites you are interested in. You save time by not needing to visit each site individually. You ensure your privacy, by not needing to join each site's email newsletter.

Aggregate and filter content around subjects and use RSS technology as a tool to help you as a repurpose, republish and create content.

3. Social Search
What is Social Search?
This refers to social networks playing an increasing role in determining which web pages rank higher than others. So say that your friend Steve "likes" a certain local restaurant near you. When you are searching online for a local place to eat out, you see that Steve is a fan of that restaurant in particular.

This is a pretty simplistic example, but the implication is that you'll appreciate learning that your friend Steve likes the page of this restaurant because it's like a personal recommendation without your even having to consult your friend first, it's right there for you.

This means that whether you have an online or offline business, you need to get on the major social networks and establish a page for your website or business on there which people can like. It's not only another outlet for the exposure of your site or business, but as you can tell, social searching continue to play a stronger role in the traditional realm of SEO.

4.Social Bookmarking
Tagging content to and participating in social bookmarking communities can be a great way to open up more channels to your business as well as generate extra search traffic. But it takes work.

5. Social Networks
Branching out to take advantage of the numbers of potential prospects that you might find in sites such as Facebook or MySpace will frustrate, at least as a business tool, if you don't have many of the above needs met. These networks take time to understand and thrive on ideas and content. You've got to have much to share if you wish to build a business case.

6. Micro
Platforms such as Twitter, Thwirl, Plurk, and FriendFeed have become a very important part of the social media mix as they allow for quick tracking, joining, and engagement. However, they still reside at the top of the pyramid because without content, such as that created on a blog, the engagement on Twitter may not go very deep.

Read On..

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Tips for geting more from Social Media Marketing

1)Integrate: Don't treat your social media activity as something separate from your other marketing initiatives. Feature links to your social media profiles in your email signature, on your business cards, in your ads, and as a standard block of copy in your weekly HTML email newsletter. In addition, make sure that links to your educational content are featured prominently in your social media profiles and that Facebook fan page visitors and blog subscribers are offered the opportunity to subscribe to your newsletter and attend your online and offline events. Make your social media profiles a part of your address copy block and you will soon see adding them to all that you do as an automatic action.

2) Amplify: Use your social media activity to create awareness for and amplify your content housed in other places. This can go for teasing some aspect of your latest blog post on Twitter or in your Facebook status, creating full-blown events on Eventful or Meetup, or pointing to mentions of your firm in the media. If you publish a biweekly newsletter, in addition to sending it to your subscribers, archive it online and Tweet about it too. You can also add social features to your newsletter to make it very easy for others to retweet (tweetmeme button) and share on social bookmark sites such as Delicious and digg. I would also add that filtering other people's great content and pointing this out to your
followers, fans, and subscribers fits into this category, as it builds your overall reputation for good content sharing and helps to buffer the option that you are simply broadcasting your announcements. Quality over quantity always wins in social media marketing.

3. Repurpose
Taking content that appears in one form and twisting it in ways that make it more available in another, or to another audience, is one of the secrets to success in the hyper info-driven marketing world in which we find ourselves. When you hold an event to present information, you can promote the event in various social media networks and then capture that event and post the audio to your podcast, slides to SlideShare, and transcript as a free report for download. You can string five blog posts together and make them available as a workshop handout or a bonus for your LinkedIn group. Never look at any content as a single use, single medium, single act.

Top Social Media Sites for Business Promotion

Facebook to achieve Business Goals
Facebook is a social network for connecting people with those around them - friends, family, coworkers, or simply others with similar interests. Set up your profile and Business Page on Facebook. Communicate with your current customers. Facebook drives your business to new heights.
Social Media Marketing through Twitter
Twitter is a micro blogging platform which allows you to follow people and to be followed. Find your targeted audience and follow their conversation, this will lead to a successful Twitter campaign that will give your brand exposure as a leader in your industry!
Success through YouTube
Producing an engaging video for YouTube is just the first step in launching a successful marketing campaign on YouTube. Comment on other videos and join existing topic-oriented groups or create one if there isn't one in your niche area. Using the right keywords is essential. Choose words that best fit your subject area and niche. Create your own channel on YouTube.
Marketing Secret Weapon - Digg
You already know that blogs are an amazing way to do marketing, so you've installed WordPress, crafted a brilliant blog post and published it. Digg will help you your blog promotion. Follow the steps :
1. Publish an article on your blog
2. Create an account on Digg
3. Go to the Submit a Story page on Digg
4. Follow the instructions
If your article manages to get 500+ Diggs, you'll see a serious jump in your traffic.
How to market successfully on Reddit
Reddit is a social networking community where users submit their own news posts and rank each others contributions. Popular content gets featured on the site's front page.
1. Name yourself well.
2. Make Friends.
3. Comment wisely.
Google+
Google + is a better way of social networking. Here you can create circles ( another name of groups) of Friends, Family, Coworkers and can share information separately. Can do Video chat with 9 people at one time, can play games with your circles and so on..

Valuable Comments

  • sherioz Mar 25, 2012 @ 11:06 am | delete
    This is very helpful, but it still seems overwhelming to me.
  • jobsites2009 Feb 24, 2012 @ 7:48 pm | delete
    very informative lens
  • CherryTriggerCola Feb 12, 2012 @ 1:58 pm | delete
    Awesome lens! As the social media outlets grow, so does the challenge of keeping up with them all. Thanks for writing a great lens.
  • cyan2828 Feb 5, 2012 @ 11:19 am | delete
    Very informative...thanks.
    I understand social media a bit better now :)
  • socialnetworksoft Jan 29, 2012 @ 9:00 pm | delete
    Thanks a lot for the appreciation
  • Load More

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socialnetworksoft

Hi! Iam James, owner of socialnetworksoftware.com and several other websites and have written how to use social networking in every aspect..

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