Turbo-Charge Small Business Marketing with Social Media

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A host of new online tools are now available that small business owners can use to showcase their expertise, find new customers and build their businesses. Blogs, podcasts, digital video and social networks are revolutionizing markets, offering business owners new ways to find and connect with customers around the world at little or no cost. This session introduces the most popular social media concepts and provides step-by-step advice on how to put them to work for your business.

Transcript of Turbo-Charge Small Business Marketing with Social Media

Turbo-Charge Small BusinessMarketing with Social Media

Paul Gillin

PMA09

March 4, 2009

New Media Rules

• Mainstream media is downsizing

• New voices are gaining influence

• Loyalty is shifting to topics and authors

• Marketers are becoming publishers

• Search is the new circulation

• We are never going back

2008 Newspaper Layoffs

Source: Erica Smith (graphicdesignr.net)

Traditional Communications

New Reality

Meet the New Influencers

Steve Hall

Philipp Lenssen

Paige Heninger &Gretchen Vogelzang

Why Now?

• Cheap technology• Fast networks• Google• “The Long Tail”

Source: Pew Research

It’s now cheaper to keep information than it is to throw it away. It’s also easier to publish information than ever before. This is an explosive new combination.

The Numbers

• Active blogs on the Internet: 25-40 million• Social networks: 2,700• “White box” social network providers: >100• Photos added to Flickr daily: 1.5 million• Daily Twitter messages: 6 million• Average age of evening news viewer: 60

Whom Do Consumers Trust?

26%

34%

49%

54%

56%

60%

61%

63%

78%

B anner ads

S earch ads

S ponsorships

R adio

TV/magaz ine

B rand s ites

B logs

C hat/discuss ion comments

O ther consumers

Percent who trust each source

Source: Nielsen, Oct., 2007

The Many Arms of Social Media

Cost to user = $0

Blogs – Global Podium

Podcasts: Audio Personality

New Kids On The Block

Just One Guy

Technorati rank: 714

Technorati fans: 146

Google Indexed pages: 3,760

Alex ranking: Top .17%

Inbound links: 10,542

Del.icio.us bookmarks: 2,068

New York Times citations: 136

Computerworld citations: 193

InformationWeek citations: 72

Newsletter subscribers: 130,000

Small business

Self-Appointed Celebrities

Embrace Niche Markets

Niche markets are:

•Knowledgeable

•Engaged

•Responsive

•Helpful

•Spenders

Go Where Customers Are

Put Communities to Work

Needs Definition

Product Architecture

Iterative Development

Field Testing

Viral Marketing

Peer Support

The Power of Friending

Profile Friends

Groups

Cultural Norms of Social Media

• “Transparency”• Conversation• Individual• Courteous• Sharing• Attribution• Suspicion of marketers

Engage

Action: Talk to the influencersTools: Comments, groups, blogs, “friends”

Objective: Identify brand advocates; contain and educate critics

Result: Influence the conversation

Engagement Tactics

•Invite them into the club

•Offer links or small promotions

•Use discounts, giveaways, contests, free trials

•Never edit or censor

•Involve them in what you do

Search Optimize

Promote Others

Tweet Your Stuff

Ancillary Products

Sponsored newsletters

Books

Sponsored podcasts

Guides/calendars/coffee-table books

Contests

Thank you!

Paul Gillin

508-202-9807

paul@gillin.com

www.gillin.com

Twitter: @pgillin

Available on Amazon or from www.NewInfluencers.com

Available on Amazon or fromwww.SSMMBook.com