7 Secrets Using Social Media to Crush the Competition

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Learn the 7 Secrets to How the Smartest Main Street Businesses-Just Like Yours-Are Using Social Media to Crush the Competition!

Transcript of 7 Secrets Using Social Media to Crush the Competition

Think Social Media is For Kids, Not Business? Think Again!Learn the 7 Secrets to How the Smartest Main Street Businesses-Just Like Yours-Are Using Social Media to Crush the Competition!

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What is social media marketing?

so cial me di a mar ket ing (noun)

1. The use of online social media sites (Facebook, Twitter, et. Al) to…

- Promote services, events, or products - Pursue branding goals - Increase market awareness - Efficiently reach and engage consumers - Drive more business/increase sales

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Who cares?

2/3 of online adults use social media platforms such as Facebook, Twitter and LinkedIn (Pew)

AND

Facebook alone has over 750 million users…

Buyer attention-where is it?

Americans spent 53.5 billion minutes on Facebook in 2011

(Nielsen)

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(In May alone…)

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Naysayers

1. Social media is a waste of time2. Only young people are using social media3. Social media ROI cannot be measured4. Social media is pretty easy/unimportant-I’ll

give it to the intern to handle5. Social Media is no place for business

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Pollyannas

1. Social media will replace real-life networking2. Social media can replace your website3. Social media is free marketing!4. Social media marketing gets immediate

results5. Social media marketing is the ANSWER!

Reality: It’s working, but it’s not the ONLY thing

• 63% of companies using social media say it has increased their marketing effectiveness (HubSpot)

• 88% of marketers have indicated that social media efforts have generated more exposure for their business (Harp Social)

• 73% of marketers plan on increasing their use of Facebook (Harp Social)• 90% of social businesses say SMM is important to their business (Social

Media Examiner)

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Customers WANT YOU on social media

• 93% of customers expect companies to have a presence on social channels1

• 85% expect companies to interact with them on those social channels2

1,2 Cone Business Study on Social Media, 2008

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And customers are rewarding businesses that do social

media…

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How your business can benefit

• Increase engagement with customers and prospects• Affordably boost brand awareness• Boost website traffic• Grow your email list• Build your influence

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How your business can benefit

• Promote events and special offers• Find new customers• Quickly address negative PR• Increase customer loyalty

Top challenges

• Overcoming cultural resistance to social media• Lack of resources to maintain consistent effort• Perceived as too difficult/overwhelming• Measuring ROI is not always easy (and requires some

savvy)• Devising a method to the madness

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The 7 Secrets to How the Smartest Main Street Businesses are Using Social Media to Crush

the Competition!

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1. Go where your people are…

2. Proactively cross pollinate

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3. Use fan gating

• Fan gating = displaying certain content only to users who ‘Like’ your Facebook page

• Create an offer/incentive for fans only• Non-fans are encouraged to ‘Like’ in order to ‘unlock’ the

content behind the tab

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3. Use fan gating

4. Collect email opt-ins

• Have people opt into your email list on your social media site

5. Run social promotions, contests, etc.

• People want to engage with brands!• Photo contests, sweepstakes, surveys, etc. drive

engagement• Engaged customers and prospects buy more

5. Run social promotions, contests, etc.

6. Be REAL

• Show that you are actually in the community and are real, human

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7. Diversify

• Use multiple social media channels• YouTube is HUGE• Pinterest is taking off like a rocket!

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BONUS. Advertise

• Amazing opportunity to target locally, specific interests, etc.

• Very affordable• Easy to do

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Frequently Asked Questions

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How much time will I need to spend each week on social media?

75% of businesses spending as little as 6 hours per week on social media marketing saw increased traffic.

(Social Media Examiner)

Which social platform(s) should my business use?

• Users?• Competitors?• Trick: Use the search function on a network to gauge

activity related to your industry/market vertical/audience

• Consider multiple channels!

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How can I avoid the common mistakes that businesses make?

1. Have a plan/be prepared2. Don’t obsess3. Engage + promote4. Talk with (not at)5. No interns/nepotism

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What to consider when evaluating the efficacy of social media?

• Bigger than sales!• Generating word of mouth marketing• Strengthening brand loyalty with your customers• Adding value

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People are talking. Are you part of the conversation?

• Social media is not a passing fad!• 53% of people on Twitter recommend companies and/or

products in their tweets (ROI Research for Performance)• The average consumer mentions specific brands over 90

times per week in conversations with friends, family, and co-workers (WOMMA)

Questions?

We’d love to help.

• Just get in touch!

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(213) 607-9100