Steps To Evaluate Social Media For Your Business Without Hype!

Social Media

The hype is what often kills any effort to incorporate social media into a marketing plan and the hype has been huge. Expect the initial wave to die down, as serious marketers get serious about social media as a tool to listen to and communicate with the customer.There are a lot of great articles on the web about social media how to start it, how to convince the CEO you need it, how it is not a panacea for bad marketing the list goes on and on. It is getting a huge amount of attention and many people have developed strong opinions read love or hate about social media. Regardless of how you feel about it, it is a tool that needs to be as seriously evaluated as you would any new business initiative.The best way to evaluate social media is to make a business case for using it. Use your existing business plan as your cornerstone. There are two areas where you will focus your efforts marketing and customer service.

Social Media Marketing Considerations For Small Business

 By targeting prospects and customers you will be better able to evaluate its potential for a meaningful impact on the bottom line. Let’s get started.First get the facts as you would any new initiative. This will form your summary overview to present to others in your organization, if you decide to move forward.Twitter, LinkedIn, Blog sites, Facebook, YouTube, SlideShare, Foursquare, Tumblr, etc. To monitor activity, popular tools are ViralHeat, Radian6, Spokesignal, etc. Each has its unique niche in the user community. Make sure you know the pros and cons of each. Understand the trends as they pertain to your demographic. Nielson puts out quarterly reports on social media as do other agencies. Put together a couple paragraphs and a chart or two, just enough to prove to yourself that social media is real and is actually used by your target demographic. Social media, used properly, is not about broadcasting commercials about your company it is about your customers.

This is important as you begin to build your communities. Users will not connect if there is no value. You need to find the best way to encourage involvement.Although social media is not a replacement for any of these programs, it needs to be present along with these traditional communications tools so that it can be properly implemented and measured.In each of these areas, insert the best social media tool to compliment or extend existing communications tools.As an extension to a newsletter sent to end users once a month, you might recommend a monthly WordPress blog, targeted to users.

Social Media Marketing Considerations For Small Business

The blog can be set up to encourage responses and comments. It can be authored by one of your customer service reps or a technical person.Each new blog can be announced via a LinkedIn group that is set up for end users only. The truth is that it is very hard to change the mindset of senior executives if they are wary of social media. This individual will be responsible for the schedule and tapping in-house talent for content.