Which Social Media Perform the Best?

As an internet marketer, people ask me all the time which forms of internet marketing/social media get the best results? I always answer the question with a disclaimer. The disclaimer is: what works best for one business may not work the best for you depending on what type of business you have and what type of results you’re looking to achieve.

As far as internet marketing is concerned, if you have very little time to put in and very little money, I would always recommend to start out with a bi-weekly or monthly electronic newsletter (aka email marketing). This yields an acceptable ROI when considering the small amount of time and money it takes to make it happen. If you have more than a little bit of time and money, you still want to make sure that you have an electronic newsletter.

If you want to do more than that, you begin to get into different forms of social media. There are now an endless amount of options when it comes to social media. If you would have asked me 2-3 weeks ago to prioritize the most effective forms of internet marketing/social media I would have shared the following:

1.Electronic Newsletter

2. Internet Forums

3. YouTube/Video Podcasting

4. LinkedIn

5. Twitter

6. Facebook

That usually surprises people because Facebook isn’t near the top of my list. Now, this list may change depending on what your business is and what kind of goals you have, but as a general answer, that is what I would share. Now, my answer is based purely on experience with my customers and where their customers tell them they’re coming from.

Well, a study was recently released where social media marketers revealed what platforms were giving them the best return. The image below is from the article, “Where Are Social Media Marketers Seeing the Most Success?“, on eMarketer.com.

Social Media Stats

Message/bulletin boards are also known as “Forums.” I can confirm that Forums can be a highly effective way of marketing. I have one customer on eight different forums and he gets most of his business from those communities. Not all industries have popular forums relevant to a specific context, but if there is one out there related to your niche, see what it takes to be a sponsor and start posting content and answering questions.

Podcasting can be audio content (for audio podcasts) or a close cousin to YouTube (video podcasts). If you’re already posting video content on YouTube, you might want to consider duplicating your content in the form of a video podcast on iTunes.

Blogging comes in third, which isn’t a surprise. I don’t really see blogging as a form of social media. Blogging, to me, should be your website that is an anchor for all of your social media. If you don’t have a website or are considering what kind of website to build for your business, build it with a blogging component.

Notice that “online video” (aka YouTube), comes ahead of Twitter and Facebook. I completely agree with this feedback. If you only have the capacity to post up one video a month, that’s more than enough reason to get started. There’s something about consistent video content that entices people to talk to the real person and/or experience the real product. After watching a number of your videos on a consistent basis, people will be compelled to take the next action step in your sales funnel.

If you’re looking for more web traffic for your site, than Twitter would probably be higher on this list. A growing Twitter page is a blog’s best friend in my opinion.

In regards to Facebook’s place on this list, I am not surprised. Facebook is good place to reinforce your message/brand and remind people you exist. The bottom line is, people still go on Facebook to socialize more than they do to spend money. This dynamic could change down the road though.

An interesting surprise on this list is the absence of LinkedIn and the presence of Foursquare. Was LinkedIn even a part of the survey? Is Foursquare the next Facebook? Who knows. What I do know is that LinkedIn has been very effective for my business as well as my customers.

Twitter del.icio.us Digg Facebook linked-in Yahoo Buzz StumbleUpon

4 Benefits of Using Social Media

Social Media is not a one-stop shop for marketing your business. Social media is a fantastic medium to complement and enhance a business’s current marketing strategy. Any social media services that are claiming you “only need social media” are probably also charging exorbitant rates.

In light of this perspective, I want to share with you “ 4 Benefits of Social Media For Business.” These are not the only benefits and some may argue not the most important. I believe they are important to know because businesses can experience these benefits quickly when implementing a clear and concise social media campaign. Here they are:

Benefit #1: Enlarge Your Pool of Potential Clients

Social media comes with the capacity to grab the attention of thousands of people. You may not have all of their attention, all of the time, but you will have it consistently over a sustained period of time. You may grab some users attention once-a-month, others once-a-week, and some (if your lucky) once-a-day.

Combine these possibilities with a growing social network and you now have an ever-increasing pool of potential customers. In telemarketing, it has been said that you can convert 1 person into a customer for every 10 calls. The game then becomes, “how many calls can you make?” In social media, the question is, “How many people can you touch?” The answer: thousands upon thousands. Can they be converted into customers? Read on…

Benefit #2: Disseminate Your Information Effectively

Once you have a growing social media audience you now have the capability to communicate with them. If you integrate your networks strategically, you can get your important information out in a very efficient manner. Some businesses have shied away from these new tools because they feel it will clutter up their current processes and be one more thing to “manage.” This type of thinking couldn’t be farther from the truth. There are multiple strategies I employ with my customers ensuring that their experience will be streamlined and simple to manage.

The beauty of this is that it is not a one-way conversation. People can respond and interact with what your business is doing and talking about. If your company truly believes that “customer feedback is a gift,” then social media is your new and improved evaluation survey that is running 24-7-365.


Benefit #3: Accelerate The Familiarization Process

Many people don’t take action the first time they hear about a product or service. Many also want to feel they can do some research and learn about a company without having to commit as a customer. With social media, you can create a public digital journal of your business. People can see what you’ve been doing, how your customers interact with you along with the overall tone and personality of your business.

Business is about people and relationships as much as it is a product and/or service. What happens when people can see recent photos, testimonies, and analysis in regards to your industry context? By simply sharing a little here, a little there, a potential customer has an electronic bread trail to follow online and get familiar (aka comfortable) with your company.

If you combine your social media strategies with a simple blogging component, you can also establish yourself as a credible authority in your field. This is just one more way to add momentum to the intro process that researching consumers will initiate when they consider doing business with you.

Benefit #4: Automated Follow-Up

A key concept of any marketing strategy is simply reminding your past and potential customers that you still exist and do what you do. Every time people cross paths with your business on Facebook, Twitter, YouTube, etc, they are reminded of your products and/or services. What if every satisfied customer could follow you via social media? Don’t you think it could increase the potential for repeat business? Absolutely! This built-in follow-up mechanism within the social media graph will keep your business at the top of a person’s memory when a situation or need arises that your product/service could solve or assist with.

In closing, I feel it’s important to remind you that any social media strategy should be diligently implemented for a minimum of six months before a user should expect to see some traction begin to take place.

Again, I take the time to emphasize these four benefits because with social media, these are not pie-in-the-sky possibilities. After that initial six-month push, you will find these results are very attainable and will grow the positive perception of your organization.

Thanks for stopping by and I hope you found this article informative and helpful!

Twitter del.icio.us Digg Facebook linked-in Yahoo Buzz StumbleUpon

Winning the Facebook News Feed

Do you believe Facebook is a great way to share your content? You probably answered “yes” because you can publish your own Facebook page and once people “Like” your page they will see all of your posts in their “News Feed.” Is this right??? Sorry, the conclusion mentioned above is actually WRONG.

Next time you’re on Facebook, take a closer look at your News Feed. In the upper right-hand portion of the screen, your News Feed is actually divided into two categories: “Top News” and “Most Recent.”

Through private conversations with Facebook staff, Jeff Widman at BrandGlue – a Facebook management company – revealed that 95% of Facebook users only read their newsfeeds by “Top News” instead of “Most Recent.”

(In the tone of Homer Simpson) D’OH!

This means that it is possible that only 5% of your fans may actually see your content. Factor in research from ExactTarget and CoTweet that states 65% of Facebook users do not log-in during the workday, but rather at night and on weekends. This means that a large portion of your fans could be missing out on your content.

FB News Feed

According to Emily Molitor, writer for Smart Blog on Social Media, the “Top News” is determined by Edge Rank, an algorithm that reflects three components:

Affinity Score: The amount you have historically engaged with content by a person/page increases your affinity to the content creator.

Timing: The more recent the post, the higher it ranks.

Weight: As posts are commented on, liked and shared by other Facebook users and their networks, their overall weight increases.

Emily recommends 3 actions to get your content into the Top News:

1. Post content frequently. This increases your chances via the timing angle.
2. Consider your post timing. “Off hours” might work best for posting your content.
3. Use calls to action in your posts. Encourage your fans to like, comment, or share your content to increase the weight.

I would like to add 1 spiritual recommendation to that list: If you have your own page, make sure you are interacting with other pages. If you see a post from another page, be generous with “Likes,” comments, and sharing. Whatever you sow, you will reap.

Mason Media factors this information into clients’ packages when setting up their Facebook page and implements strategies to help them in “Winning the Facebook News Feed.”

To read Emily Molitor’s complete article, click here.

As always I hope you found this article helpful. Thanks for stopping by!

Twitter del.icio.us Digg Facebook linked-in Yahoo Buzz StumbleUpon

Presenting to RE/MAX Real Estate Agents

Today, I got an opportunity to speak to RE/MAX Real Estate Agents in Ripon, CA. I was invited to present on the topic of Social Media. There were approximately 40 agents in attendance. They were a fun crowd to speak with and there were a lot of questions after I was finished. At the beginning of the session I asked for a show of hands of people who weren’t going to be getting on Facebook or Twitter no matter what I said and there was a good 5-10 hands that went up. Afterwards, several agents came up to me and told me that even though they didn’t feel like getting into Social Media, the presentation made them realize they need to reconsider.


Special thanks to David Darmstandler, co-founder of Data Path and Patrick J. Wallace, Broker and Vice President of Operations at RE/MAX for the opportunity to present.

Here are some photos from the iPhone:

REMAX1

REMAX2

REMAX3

Twitter del.icio.us Digg Facebook linked-in Yahoo Buzz StumbleUpon