Walk the Line: Balancing the Resources and Rewards of Social Media

For those charged with growing a business in today’s marketplace, social media can present a bit of a quagmire. With all of the hype around social media and the proliferation of social networks, it’s easy to get sucked in to the vortex, spending countless hours obsessing over follower counts, scouring the Web for interesting content to share and seeking out opportunities to cultivate relationships with key influencers. However, no business – no matter how large or small – has unlimited resources to dedicate to social media. You must find a healthy balance between the time and energy you invest and the rewards you stand to gain from your participation. As with any marketing endeavor, success starts with a plan. When determining how to direct your social media efforts, you take into account three key elements:

• Your target market
• Social media sites and the capabilities of each
• Your short- and long-term business growth goals

By carefully weighing each of these factors, you can create a robust social media plan that is specifically tailored to your business and your target audience.

Know your customers.

At the heart of the question of how much time to spend on social media marketing lies a fundamental understanding of your customer. Without an intimate understanding of who you're marketing to, you cannot determine the best methods of reaching them. This will also help you determine in which social media sites to invest the most time and energy. More than likely, many of your customers are spending time on at least one social media platform. Statistics favor of this theory: 30 percent of people across the globe are online, and these users spend 22 percent of the time they’re online on social media. But be careful not to make assumptions based solely on the age of your customers. After all, it's users over the age of 55 who are currently driving growth in social networking via the mobile Web. One of the best ways to learn exactly how and where to engage with your customers is to do some good old-fashioned research. Ask them to fill out a survey and provide them with a reward that’s desirable enough to motivate them to respond.

Where are your customers connecting?

This is another important piece of the puzzle that will help you fine-tune your social media investment. If your customers spend a lot of time on Twitter and LinkedIn but not as much on Facebook, then you can divide your time and efforts proportionately. The trick is knowing how to find out where your customers spend their time. Fortunately, each social media site provides some basic research tools that will help you make this determination:

• Twitter: Use the "Advanced Search" tool to search by keywords and by zip codes to find potential customers, and see how much activity you can identify from these users.
• Facebook: Facebook’s research tools are somewhat limited, but you can check your competitors’ Pages to see what types of posts are the most popular based on the number of “likes” and comments they receive.
• LinkedIn: Use the "People Search" feature to identify key individuals as well as relevant groups that may have a lot of traction with your market.
• Google+: Use Google Analytics to determine the amount of traffic or leads you are getting from your posts.
• Klout: Use this service to see how your followers are responding to your social media activity. Klout can track most major social sites, including YouTube, Flickr and Instagram.

Absolute minimum effort

At an absolute minimum, you should establish a page on each of the big four social media sites: Facebook, Twitter, LinkedIn and Google+. This accomplishes a number of things. First, by listing your address and basic information on social media sites, you’ll help search engines like Google find your website and list your company’s information properly. Also, keep in mind that customers use all sorts of tools to find you, not just Google. If they happen to search for you on their favorite social site, you want to make sure they’ll find you there. The basic information you should have on your each of your profiles includes:

• Company name
• Company logo
• Website URL
• Customer service phone number
• Brief description of your company

This puts you on the social media map, as it were. You can certainly begin engaging potential and current customers after this stage, but even if you do nothing else, this will at least make you accessible. Then, based on the level of engagement of your target market on each site, you can determine how much more you want to do with each account.

Developing campaigns

Finally, once you've determined that you should do some level of effort of social media marketing, you know which sites are best for your market, and you've developed some basic profiles on each site, it's time to formulate a campaign. Just as with any marketing campaign, you must start by identifying specific, measurable goals you want to accomplish. By doing so, you can then determine how many resources can and should be invested in the process to achieve your desired outcome. For example, you may want to reach a goal of 1,000 “likes” on Facebook in the next three months. This is doable for a company on just about any budget, and you'll know pretty quickly if you need to put more effort into getting these “likes.” If you only have 50 after the first week, then you need to step it up. Some companies frame their desired return from their social media activity in terms of dollars and cents. This is not a bad strategy for the long term, but if you’re just starting out, it can actually be deceiving. Why? Because the work of establishing your brand on any social media network is a time-intensive process. It will take a concerted long-term effort to grow your following to the point where you can achieve significant levels of engagement and have a reasonable understanding of the relationship between your participation and the company’s sales performance. For that reason, in the beginning, it’s often more productive to focus on activity-based goals – such as achieving a specified number of followers on Twitter – rather than on more traditional ROI metrics. So take a step back, determine what sites your customers use to connect, focus your efforts on these sites and set some reasonable, time-based goals for yourself. Then, as you begin to gain traction on a particular social media site and establish a foundational understanding of how well it works for engaging customers and driving profitable traffic, then establish some ROI goals for your top engagement-level accounts.

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13 Tricks to Make Your Email Campaigns Delete-Proof

Your customers' email addresses are a precious commodity – a golden ticket that gives you a free pass straight to their inbox, where (at least in most cases) you have far less competition for their attention than in their Facebook or Twitter feeds. If they’ve entrusted you with this level of access, it’s important to make sure that you're always a welcome presence and that they not only open your messages but even look forward to receiving them. At all costs, you must avoid abusing this privilege with emails that come so frequently or offer so little value that your recipients unsubscribe. Once you’ve been banned from their inbox, you'll probably never get a second chance to earn your way back in. By using the tactics outlined below, you can create powerful email marketing campaigns that are not only spared from the dreaded delete key but that also further advance the trust your customers have in your brand and, ultimately, drive them to buy from you time after time.

1. Make it worth their while.

The most important ingredient of a must-read email is the subject line. Keep it short and choose your words wisely. The recipient’s decision to open or delete hinges on your ability to make the case that your message is worth their time and attention. The best, most enticing subject lines convey to the recipient that the information that follows is urgent, unique or extremely useful – like in the example from Epicurious above, which featured the subject line "Packed Lunches, Made With Love." After all, what parent who faces the tedious task of packing school lunches every day wouldn’t be drawn in to read more?

2. Inspire and inform.

In today’s age of information overload, a brief but indispensable tip or inspirational message – whether it arrives on a daily, weekly or monthly basis – can be a refreshing change of pace for your customers.

3. Sell them a solution.

Don’t talk to your customers about your products or services. Talk to them about their needs and problems and give them a road map to solutions.

4. Make the ordinary extraordinary.

Emails with no other purpose than seeking “likes” for your Facebook page or follows for your Twitter stream are a dime a dozen and almost assuredly destined for the trash. However, if you can illustrate the valuable content and community connections that your customers are missing if they’re not part of the conversation, they’ll be much more likely not only to take notice but to take action as well.

5. Don’t underestimate the power of a good deal.

Everyone loves a deal, which is why discounts and free shipping offers are sure-fire attention-grabbers. Get more mileage out of your campaign by encouraging your customers to share their special offer with their friends via email or Facebook.

6. Demonstrate incredible value.

Discounts aren’t the only way to reel in bargain-lovers. Another equally effective approach is to provide creative, budget-friendly ideas and strategies that will let them satisfy their wants and desires without breaking the bank.

7. Turn them on to trends.

People like to be in the know about what’s new and what’s coming next. Give your customers the inside dish on the latest trends while highlighting the must-have items of the moment.

8. Show them what they’re missing.

No one likes to think they’re missing out on something that will save them money, make their life easier, solve a problem or even make them the envy of their friends and neighbors. Showcase your most popular products and feature reviews or testimonials from customers who love them. Nothing tips the scales toward a sale like the rave review of another customer who simply can’t live without whatever it is you’re selling.

9. Give the gift of ideas.

From Valentine's Day to Mother's Day to graduations and Christmas, your customers have at least as many gift-giving occasions as there are months of the year. For those times when they're in search of that perfect present, a well-timed email with creative ideas at a variety of price points is a welcome source of inspiration.

10. Gain a lot with a giveaway.

There’s nothing like the allure of a giveaway to motivate your customers not only to read  your email but to take the action you desire, whether it’s reviewing a product, “liking” your brand on Facebook or providing a referral to a friend.

11. Campaign for a cause.

Tying your email marketing campaign to a charitable cause is a win for everyone. Not only will your promotion be more attention-worthy but your customers will get a feel-good boost for choosing to spend their hard-earned dollars in a way that benefits the greater good.

12. Get the party started.

Building your campaign around events or classes offers your customers the opportunity to meet others who share similar interests and learn something new. Enhance your invitation with an exclusive discount for event attendees, and you’ll deliver an even more powerful motivational punch.

13. Invite them in.

Sometimes a simple email can open the door to a much deeper level of engagement. Remind your customers that your experts are available to them one-on-one and that together, you can identify the products and services that are the best fit for their specific needs and goals.

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