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The Business Owner's Media Mogul Manual: A Strategic Plan to Leverage Web-Based Technologies January 21, 2011

The Business Owner's Media Mogul Manual: A Strategic Plan to Leverage Web-Based Technologies

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Monique Pouget's SCORE Business Mentors presentation about leveraging Social Media for your small business. Includes 5 tips for building a Social Media strategy, examples of Facebook, Twitter, YouTube and LinkedIn strategies, monitoring tools, and an example about Farmer Ray's Social Media strategy.

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Page 1: The Business Owner's Media Mogul Manual: A Strategic Plan to Leverage Web-Based Technologies

The Business Owner's Media Mogul Manual: A Strategic Plan to Leverage Web-Based Technologies

January 21, 2011

Page 2: The Business Owner's Media Mogul Manual: A Strategic Plan to Leverage Web-Based Technologies

Presentation Overview

• Social Stats Worth Reviewing• Leveraging Social Media Strategies

– Facebook – Twitter – YouTube– LinkedIn

• Monitoring Tools• An Example: How Social Media Saved Farmer Ray• Closing thoughts

Page 3: The Business Owner's Media Mogul Manual: A Strategic Plan to Leverage Web-Based Technologies

Social: The New Search

1. 69% of consumers are more likely to use a local business it if has information on a social networking site.

2. Gen Now (tech-savvy consumers all age groups):• 93% usage rate for Facebook• 56% find local business info via companies’

Facebook fan pages• 55% seek peer referrals & recommendations• 75% are likely to use local businesses

recommended

Source: “TMP Directional Marketing and 15Miles: Bridging the Gap, From Search to Sales, Local Search Usage Study” September 2010

Page 4: The Business Owner's Media Mogul Manual: A Strategic Plan to Leverage Web-Based Technologies

Who Says Small Businesses Can’t Do Social?

Page 5: The Business Owner's Media Mogul Manual: A Strategic Plan to Leverage Web-Based Technologies

Leveraging Social Media Strategies5 Tips to Success

Page 6: The Business Owner's Media Mogul Manual: A Strategic Plan to Leverage Web-Based Technologies

Leveraging Social Media Strategies5 Tips to Success

• Step 1: Research

Source: http://www.seomoz.org/dp/pro-webinarsocial-media-strategies

Page 7: The Business Owner's Media Mogul Manual: A Strategic Plan to Leverage Web-Based Technologies

Leveraging Social Media Strategies5 Tips to Success

• Step 2: Construct a Strategy– What are our business goals?

– What do we want social media to do for our

business?

– What will we attempt to reach these goals?

– What metrics will we use to measure our success?

– What will we consider an acceptable ROI?

Source: http://www.seomoz.org/dp/pro-webinarsocial-media-strategies

Page 8: The Business Owner's Media Mogul Manual: A Strategic Plan to Leverage Web-Based Technologies

Leveraging Social Media Strategies5 Tips to Success

• Step 3: Find a Social “Brand Champion”

Page 9: The Business Owner's Media Mogul Manual: A Strategic Plan to Leverage Web-Based Technologies

Leveraging Social Media Strategies5 Tips to Success

• Step 4: Identify Channels of Value

Source: http://www.seomoz.org/dp/pro-webinarsocial-media-strategies

Page 10: The Business Owner's Media Mogul Manual: A Strategic Plan to Leverage Web-Based Technologies

Leveraging Social Media Strategies5 Tips to Success

• Step 5: Measure Properly

Source: http://www.seomoz.org/blog/the-social-media-marketers-seo-checklist

Page 11: The Business Owner's Media Mogul Manual: A Strategic Plan to Leverage Web-Based Technologies

Facebook

Page 12: The Business Owner's Media Mogul Manual: A Strategic Plan to Leverage Web-Based Technologies

Powerful Facebook Stats

Source: http://www.facebook.com/press/info.php?statistics

Page 13: The Business Owner's Media Mogul Manual: A Strategic Plan to Leverage Web-Based Technologies

Customers Use Facebook

Page 14: The Business Owner's Media Mogul Manual: A Strategic Plan to Leverage Web-Based Technologies

Powerful Facebook Page

Page 15: The Business Owner's Media Mogul Manual: A Strategic Plan to Leverage Web-Based Technologies

Facebook

Other Ideas for Facebook

• Facebook only privileges

• Post about local community events that pertain to your customers, industry, or business

• Ask your fans questions about what they want to see

• Update fans about businesses happenings

• Add photos from “behind the scenes,” events, or products

• Build relationships with fans by engaging with them

Page 16: The Business Owner's Media Mogul Manual: A Strategic Plan to Leverage Web-Based Technologies

Twitter

Page 17: The Business Owner's Media Mogul Manual: A Strategic Plan to Leverage Web-Based Technologies

Use Twitter for Customer Service

Page 18: The Business Owner's Media Mogul Manual: A Strategic Plan to Leverage Web-Based Technologies

More Twitter Customer Service

• Use Twitter to respond to Customer Service Inquiries

Page 19: The Business Owner's Media Mogul Manual: A Strategic Plan to Leverage Web-Based Technologies

Proactive Online Conversations

When Negative

• Address publicly

• Remember: Responses and posts are public – you may not convert unhappy customer, but you can positively influence first-time visitors

• Don’t delete unless spam or cannot be solved

Single negative brand mention:

Public response: not accepting blame, but trying to help the customer privately

Page 20: The Business Owner's Media Mogul Manual: A Strategic Plan to Leverage Web-Based Technologies

YouTube

Page 21: The Business Owner's Media Mogul Manual: A Strategic Plan to Leverage Web-Based Technologies

YouTube

YouTube Videos

• Create 60-120 second video spots

• Optimize video descriptions for target keywords

• Build business YouTube channel & add videos

• Pull in video to homepage and/or blog

• Have video template already created with branded header and footer graphic

• Submit video sitemap to Google

• Videos from YouTube have a good chance of co-ranking or out-ranking news video search rankings

Page 22: The Business Owner's Media Mogul Manual: A Strategic Plan to Leverage Web-Based Technologies

YouTube

Page 23: The Business Owner's Media Mogul Manual: A Strategic Plan to Leverage Web-Based Technologies

Tracking YouTube

• Cut-off mark for high-converting leads is 2:00

• Adwords calls cost around $150 per call while the YT/Video costs about $50 per call for the same period

•  The YT/Video channel continues to attract new subscribers and visitors, so it's growing and generating more calls, with the only investment being the addition of new content.

Bing Organic

Affiliates Google Organic

Yahoo Organic

Adwords Direct to Site

Youtube/Video

Google Local

Pay Per Call

0:00:00

0:28:48

0:57:36

1:26:24

1:55:12

2:24:00

2:52:48

3:21:36

Avg Call Duration by Traffic Source

2:00:00

Page 24: The Business Owner's Media Mogul Manual: A Strategic Plan to Leverage Web-Based Technologies

LinkedIn

Page 25: The Business Owner's Media Mogul Manual: A Strategic Plan to Leverage Web-Based Technologies

LinkedIn

• LinkedIn Facts– LinkedIn has more than 90 million members in

over 200 countries around the globe.– A new member joins LinkedIn approximately

every second, and about half of our members are outside the U.S.

– Executives from all Fortune 500 companies are LinkedIn members.

Page 26: The Business Owner's Media Mogul Manual: A Strategic Plan to Leverage Web-Based Technologies

LinkedIn

• Use LinkedIn to:– Manage the information that’s publicly available about you as

professional– Find and be introduced to potential clients, service providers,

and subject experts who come recommended– Create and collaborate on projects, gather data, share files and

solve problems– Be found for business opportunities and find potential partners– Gain new insights from discussions with likeminded

professionals in private group settings– Discover inside connections that can help you land jobs and

close deals– Post and distribute job listings to find the best talent for your

company

Page 27: The Business Owner's Media Mogul Manual: A Strategic Plan to Leverage Web-Based Technologies

Monitoring Tools

Page 28: The Business Owner's Media Mogul Manual: A Strategic Plan to Leverage Web-Based Technologies

search.twitter.com

Page 29: The Business Owner's Media Mogul Manual: A Strategic Plan to Leverage Web-Based Technologies

Hootsuite

Page 30: The Business Owner's Media Mogul Manual: A Strategic Plan to Leverage Web-Based Technologies

google.com/alerts

Page 31: The Business Owner's Media Mogul Manual: A Strategic Plan to Leverage Web-Based Technologies

blogsearch.google.com

Google Alerts

Page 32: The Business Owner's Media Mogul Manual: A Strategic Plan to Leverage Web-Based Technologies

Monitoring Tools

Recap of Tools & Resources

• search.twitter.com

• Hootsuite.com

• google.com/alerts

• blogsearch.google.com

Page 33: The Business Owner's Media Mogul Manual: A Strategic Plan to Leverage Web-Based Technologies

How Social Media Saved Farmer Ray

Source: “When Social Media Conflict Comes To The Farm” by Michael Gray on SEL.com 8/20/2010

Situation:

Mercy for Animals releases video showing undercover footage depicting cruelty to animals.

Farmers were outraged that it was an unfair representation.

Page 34: The Business Owner's Media Mogul Manual: A Strategic Plan to Leverage Web-Based Technologies

How Social Media Saved Farmer Ray

Source: “When Social Media Conflict Comes To The Farm” by Michael Gray on SEL.com 8/20/2010

Response:

Farmer Ray Lin fought back.

Started blog with stories and pictures about his farm …

Page 35: The Business Owner's Media Mogul Manual: A Strategic Plan to Leverage Web-Based Technologies

How Social Media Saved Farmer Ray

Source: “When Social Media Conflict Comes To The Farm” by Michael Gray on SEL.com 8/20/2010

Response:

Farmer Ray Lin fought back.

Started AgChat foundation to train farmers on how to use social media …

Page 36: The Business Owner's Media Mogul Manual: A Strategic Plan to Leverage Web-Based Technologies

How Social Media Saved Farmer Ray

Source: “When Social Media Conflict Comes To The Farm” by Michael Gray on SEL.com 8/20/2010

Response:

Farmer Ray Lin fought back.

Launched AgChat Facebook fan page …

Page 37: The Business Owner's Media Mogul Manual: A Strategic Plan to Leverage Web-Based Technologies

How Social Media Saved Farmer Ray

Source: “When Social Media Conflict Comes To The Farm” by Michael Gray on SEL.com 8/20/2010

Response:

Farmer Ray Lin fought back.

Launched AgChat Twitter profile …

Page 38: The Business Owner's Media Mogul Manual: A Strategic Plan to Leverage Web-Based Technologies

How Social Media Saved Farmer Ray

Source: “When Social Media Conflict Comes To The Farm” by Michael Gray on SEL.com 8/20/2010

Response:

Farmer Ray Lin fought back.

Launched AgChat YouTube channel …

Page 39: The Business Owner's Media Mogul Manual: A Strategic Plan to Leverage Web-Based Technologies

How Social Media Saved Farmer Ray

Source: “When Social Media Conflict Comes To The Farm” by Michael Gray on SEL.com 8/20/2010

Response:

Farmer Ray Lin fought back.

Launched AgChat Linkedin Group …

Page 40: The Business Owner's Media Mogul Manual: A Strategic Plan to Leverage Web-Based Technologies

How Social Media Saved Farmer Ray

Source: “When Social Media Conflict Comes To The Farm” by Michael Gray on SEL.com 8/20/2010

Response:

Farmer Ray Lin fought back.

Held first AgChat conference in August …

Page 41: The Business Owner's Media Mogul Manual: A Strategic Plan to Leverage Web-Based Technologies

How Social Media Saved Farmer Ray

Source: “When Social Media Conflict Comes To The Farm” by Michael Gray on SEL.com 8/20/2010

Moral of the Story:

• Farmer Ray Lin has built a vibrant online community.

• Farmer Ray Lin is prepared.

• He’s now setting the ground rules.

• He has support when there’s a crisis.

Page 42: The Business Owner's Media Mogul Manual: A Strategic Plan to Leverage Web-Based Technologies

Closing Thoughts

Engage in Online Conversations

• Even though you can’t control what’s being said about your business, doesn’t mean it can be ignored

• The conversation will happen online whether your company is paying attention or not

• Better to pay attention…and respond!

Page 43: The Business Owner's Media Mogul Manual: A Strategic Plan to Leverage Web-Based Technologies

Thank You

Monique [email protected]

@MoniqueTheGeek

facebook.com/thunderseo

Page 44: The Business Owner's Media Mogul Manual: A Strategic Plan to Leverage Web-Based Technologies

Questions?