By Tink Boord-Dill
The phrase "Social Media" is everywhere these days, and if you
are like me, you may be a bit unclear about what it actually is... the
infamous phrase "I'll know it when I see it" comes immediately to my
mind!
I went looking online for a short, easy to understand definition and found this analogy:
Think
of regular media as a one-way street where you can read a newspaper or
listen to a report on television, however, you have very a limited
ability to share your thoughts on the matter.
Social media, on the other hand, is an active two-way street that gives you the ability to communicate and respond.
As
the internet develops and evolves, the various Social Media websites
are also growing and changing. Several years ago, MySpace was the place
to be but it is now, generally, considered to be on the wane. Likewise,
on MySpace, 33% of its users are aged 17 or less.
Ravalry is a
relatively new, large community based around knitting with over
1,200,000 registered users. As you would expect, its membership is
primarily female and the average member age is not available.
Facebook provides this information about its users:
- More than 500 million active users (I recently saw the number 600 million, but it hasn't been changed yet, on the Facebook site)
- 50% of our active users log on to Facebook in any given day
- Average user has 130 friends
- People spend over 700 billion minutes per month on Facebook
As you can see, each Social Media site appeals to and has a different user base than any other site.
One
of the powerful considerations about using a Social Media web site is
the fact that most of them provide a level playing field when it comes
to small business owners vs the big boys. For instance, you can build a
Facebook Fan page for your offline business and so can a major
automobile manufacturer. Within those Facebook Fan pages, both you and
the multi billion dollar car maker have the same tools and resources. On
Twitter, as another example, both you and the big companies are limited
to 140 characters per tweet. They can't buy more characters and blast
you out of the competition.
When considering which Social Media
site to use with Social Media Marketing, you should consider the site's
membership but you should also evaluate its culture and how the members
interact. It is important that any Social Media site have a population
whose interests are in line with your goals and, also, that it have a
structure and pattern of interaction that is compatible with your
objectives.
In addition, you must keep in mind that things change
on the Internet, sometimes at breakneck speed. As an example, between
March 2011 and May 2011, Facebook implemented some major changes which
changed the whole landscape of using it for business. Suddenly,
controlling the content on a business Fan Page and using product images
to build a brand became game changers... for those who knew how to do
it!
While a particular Social Media site may be a good fit now, be
aware that it may not always be a successful marketing vehicle for you!
Monitor the efficacy of any Social Media site you are using AND also
keep an eye out for the next big thing!
With all of that in mind,
at the current time, I consider Facebook and Twitter to be the Social
Media sites most likely to be compatible with the majority of offline
businesses and their needs.
In this article I am going to briefly
cover Facebook, its structure as it pertains to Social Media Marketing,
discuss some of the pitfalls, and propose some strategies appropriate to
it.
Facebook Marketing for Small Business
Facebook's membership has exploded and is currently greater than 500 million, according to its own website.
It
originally began as a way for college students to keep in touch with
fellow students. As a result of that, the basic Facebook community seems
to start from an academic basis, joining students and former students
with friendship circles widening out from there. If you are like me, you
will be shocked at how many members from your high school class seem to
appear out of nowhere!
As part of the Facebook mechanism,
possible Friends are suggested to you, based on Friends that you and the
other person have in common. While you can do searches, it is hard to
find and befriend a person that Facebook doesn't think you should know.
On the other hand, Facebook makes suggestions that will extend your
network, based simply on friends you may have in common with someone.
Another
important mechanism is the Facebook Like option, which has now been
extended beyond Facebook Profile pages and Facebook Fan Pages and out
into the web at large.
A third and exceedingly important Facebook
mechanism is the ability to link between websites, Facebook Fan Pages,
and Twitter accounts. This can be done with a variety of website
creation software options. At the moment, I am encouraging my clients to
use the blogging software, WordPress, for non blog websites.
With
WordPress as your website management system, once you have signed up
for the Networked Blogs Facebook App(lication), you can set your website
to show any changes on your Facebook Fan Page and your Twitter account.
Your Twitter Account can be set to show Facebook Fan Page Comments
along with Posts from your WordPress website. In addition, your Tweets
will be displayed on your Facebook Fan Page and your website.
Now,
I know that the previous paragraph was confusing so let me give you the
abridged edition! In my example, you have three web presences for your
business - A Facebook Fan Page, a website built with WordPress, and a
Twitter account. Any Post made on one of those three sites will
automatically appear on the other two sites.
This is VERY powerful
and is a REAL time and energy saver IF you take the time to plan your
web marketing strategies with this capacity in mind!
With the
potential of getting a three to one benefit from any of your Social
Networking posts, as described above, let me go a bit deeper into the
opportunities afforded to an offline business by having a Facebook Fan
Page.
NOTE - It is important to understand that while a Facebook
Fan Page can be considered a potential web site substitute, it offers
long term hazards that, in my opinion, are not worth the risk.
Building
your business's primary web presence on a third party web site is
taking the time, effort, and money to build a nice new house on land
that you DO NOT OWN! You might be OK in the short term, but later down
the road, you may lose you house, simply because you do not own the
land.
While you may decide that it is efficient to start with a
Facebook Fan Page, you should also plan to build your own website ASAP!
As a business owner, you should be careful to own and control as many of
your business assets as possible.
With that warning out of the
way, before utilizing any Social Media site for your Social Media
Marketing, take the time to read the site's ToS or Terms of Service. Do
NOT assume that you know what is allowed and what is not.
As an
example, you may have multiple Twitter accounts, but each account must
be tied to a different email address. Any email address can have only
ONE Twitter account.
With Facebook, any human is allowed ONLY ONE
ACCOUNT! This means that any Facebook Fan Pages built for any businesses
will be offshoots of your primary, personal Facebook account.
If
for some reason, you do not want a Facebook Fan Page to be obviously
tied to your personal account, you can set the Privacy setting to
obscure the connection. In the case of most offline businesses, this
would not be a concern. However, I have a number of online businesses,
some of which I am open about and others that I have chosen to run from
behind the scenes. There is nothing questionable about doing this, I
just prefer to keep the connection quiet to minimize others copying my
business model. However, ALL of my business Facebook Fan Pages are
offshoots of my SINGLE personal Facebook account.
Part of the
evolution of the Facebook Culture is that, in most instances, it is
considered appropriate to ask other members to share with their Friends
about your Facebook Fan Page or your new post or any of a number of
other Facebook interactions. This is markedly different from other
websites and their culture, and as a business owner, it is a powerful
tool.
It is perfectly OK to ask others to LIKE your Facebook Fan
Page. In fact, this can be an important traffic builder for your
Facebook Fan Page!
Google AdWords vs Facebook Ads
Another
online marketing benefit offered by Facebook is the option to use their
Pay Per Click advertising. In the Facebook universe these are known as
Facebook Ads - which seems obvious, but online, things are not always
obvious!
Last night, I was on a call with one of my consulting
clients and she mentioned that she had just gotten a $100 voucher for
Google AdWords. She wanted to know if this would be worthwhile. I said
that I thought that using Facebook, creating a Facebook Fan Page for her
business, and spending her limited budget on Facebook ads would be a
better use of her resources, even considering her $100 AdWords voucher.
I explained it to her this way:
Google
AdWords and Facebooks Ads are Pay Per Click... each ad is shown (this
is called an impression) and you pay when someone actually click on the
ad.
While the mechanism for figuring ad payments is the same (PPC
or Pay Per Click) the basis for showing an ad differs drastically
between Google AdWords and Facebook.
On the surface, the ads
themselves are similar. While they may or may not have a picture
included, the text or content of the ad is short and presented in plain
and simple text. Ads are displayed off the side in vertical stacks or
within the body of the page's content. For the most part, these ads are
subtle and unobtrusive.
However, the Ad Display Criteria is where the biggest differences lie.
In
Google, AdWords are shown on the pages generated with Search Results as
well as on website pages related to the Ad's specified search term.
This means that Google AdWords are displayed using a mechanism of which
terms are being used in online searches. As AdWords have developed, in
some instances they are also displayed according to the geographical
location of the person doing the Search.
Facebook actually takes
an entirely different approach - Facebook Ads are displayed in front of
PEOPLE who meet the demographic requirements that you have chosen.
To
simplify further, Google AdWords are displayed based on the content of
the page where they are shown and Facebook Ads are shown based on the
interests, and even the physical location, of the person doing the
looking!
As you can see, there is a radical difference between Google AdWords and Facebook Ads.
This is one of the reasons that I feel that Facebook Ads may be far more beneficial for offline businesses.
It
is also important to note that when creating a Facebook Ad, you have
the choice of sending people who click either to an offsite web page or
to a specific Facebook Fan Page.
All in all, I consider Facebook a
strong option for offline businesses, since you have the ability to
target both demographically and geographically. The potentially viral
effect that is inherent in the Facebook culture is another good reason
for adding Facebook in to your online advertising mix.
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