Social Media Marketing - The Social Media Effect

posted by: Tara

How can your business use social media to communicate effectively, generate potential sales and connect with your target audience? In recent times word of mouth was the single  most effective way to generate sales leads and communicate a company message to its clientele. A company would spread its message to one client and in turn that client would spread the message to seven others (and so on and so forth). This mode of message spreading would eventually lead to many people hearing about your business over time.  With social media, the spreading of a message is rapid! One "like" from a follower on Facebook will spread your company message to hundreds of people (which can then be spread to thousands of people) from that one single click. No matter if your business is based in Winnipeg or a larger city such as Calgary, word-of-web allows a company to spread its message beyond its immediate reach in an instant. Social Media is an important component of any marketing plan!

Word-of-Web: The Social Media EffectThe following article provides 8 tips on the benefits of using social media to help grow your business and how social media can improve your communication to your target audience. Enjoy!

Article Source (Kikolani) - Many businesses hear about the advantages of social media in terms of marketing their products or services, but some forget to look at other major benefits of social media beyond finding leads or making a sale. Here are eight ways that businesses can use social media to learn more about themselves and their industry as well as get more involved with their clients and communities interested in what they have to offer.

1. Monitor Conversation About Themselves
There are many free ways to monitor what people are saying about your company through social media, including the following:

Google Alerts
Google Alerts will send you a daily digest email anytime your search terms come up in blogs, news, or other websites.

Social Mention
Social Mention monitors 100+ social media properties directly including: Twitter, Facebook, FriendFeed, YouTube, Digg, Google etc. You can have your mentions emailed to you daily.

Twitter Search
If you want to know real time what people are saying, you can setup a Twitter search in HootSuite, Tweetdeck, or just keep a RSS feed in your feed reader using Twitter search results. Include searches for your company, business owner, or unique product name.

2. Keep Up to Date on Their Industry
Along with keeping up with what is being said about your brand, you should also keep up to date current events and news that affects your industry as a whole. While there have been good company reactions to industry issues, such as pet food brands that assured their customers that their food was tested and 100% safe during the recalls and Toyota continuing to address their recalls assuring customers they are working to resolve the problems, I have seen some other fails where there was obviously no attention by the companies given to current events such as:

■Auto warranty companies continuing their usual advertising while stories of auto warranty scams were on the rise.
■A hotel chain in Hawaii sending out “last minute deals” about an hour before the tsunami was supposed to hit the islands.
If you’re keeping up with how the public feels about your industry, you can reformulate your next announcements and advertising to boost the confidence in your company even in the midst of a negative wave. In the above examples:

■The auto warranty companies could add facts to their advertisements which would prove their authenticity above the scammers so people could trust them.
■The hotel chain could have simply sent out updates on the conditions and reassure the public once the threat was over that it was safe enough to take advantage of their special rates.

3. Give Great Customer Service
One great way to use social media is for customer service. For example, if you have a Facebook Page setup, your customers might ask specific product questions. Answering them right on the page not only gives them the info they want right away, but shows other fans / potential clients that you are a readily available to help, as well as provide an answer to a question that other clients might want to ask.

4. Provide Emergency Updates
Lately, the way to find out if something is not working is to make a quick search on Twitter. The last time I couldn’t get into my Gmail, I went straight over to Twitter to see if others were having the same problem or if it was just me – it was the former, so I knew there wasn’t an account issue.

Customer service is never more important than during times of crisis. Codero managed web hosting is a good example how a company turned to real time social media updates when their servers had a power glitch which left their customers’ websites down. Codero used their Twitter, Facebook, and Youtube to update their clients on the situation that was affecting their web servers.

Another example of social media usage for crisis communication is how Ari Herzog, a Newburyport City Councilman, used Twitter to update those affected by a power outage using the Newburyport hashtag (#NBPT). Those following the latest news on their mobile Twitter apps were able to let their neighbors know about any updates to the power situation.

Since many people now turn to Twitter to voice their complaints and concerns, those that respond through the same media show both their followers and others who are watching the events unfold that they are interested in helping their followers quickly. It helps add a positive light to a bad situation.

5. Gain Customer Feedback and Opinion
Social media can be a great research tool. If your company has unveiled a new product or service, maybe your customers will be talking about what they think about it in real time. I’m sure that Coca-Cola monitors any comments on their latest drinks to see if people are enjoying it or hating it, which affects whether they will continue to produce a specific flavor or try out a new one. You can also query your followers to ask them their opinion on a future product to get their insight before it even goes into development so you can create something that you know others will be interested in.

6. Move Positive Information to the Top
Reputation management via social media can be a great way to boost positive information about your business to the top of search results in an attempt to get negative results off of the list. So if your company had a negative review placed on sites such as Rip Off Report or individual blogs, the best way to counter it is to have your company website, blog, Twitter, LinkedIn, and other social profiles ranking higher than that bad entry. It only takes ten strong, positive items to bump that bad one off of the first page.

7. Drive Traffic to Their Website
Social media can certainly help boost the traffic going to your website in a variety of ways. If you have a regularly updated corporate blog, you can post your blog articles on Twitter, Facebook, LinkedIn, and social bookmarking sites, which should help drive visitors to your post and then onward to your main site for products and services.

Also, you can monitor people talking about the products and services you offer and respond to them with your link if it helps answer their questions. Just recently, I mentioned migraines, and someone sent me an @mention with a link to learn more about natural homeopathic migraine remedies. You just have to make sure that what you are sending will be absolutely helpful to the person you are replying to, and not look too much like a blatant advertisement (ie. maybe send a blog post link instead of a link to a product page unless some specifically says “I want to buy ___, where can I find it.”)

8. Create a Reference Library
Social bookmarking makes it easy to create a reference library of any news / press releases / mentions of your company. Simply use your Social Mention alerts to find the places online that talk about you, and use sites like Delicious to bookmark them.   

About New Wave Media

New Wave Media is an integrated marketing and communications agency dedicated to unleashing the possibilities of what powerful strategic marketing can do for its clients. Our passionate approach to your branding needs will ensure that you generate consistent and effective awareness that drives use of your services among target audiences. Our philosophy is to use our industry expertise, experience, unique skills, objectivity and our belief in a client-agency partnership to produce results strategies that will persuade your customers to stand up, take notice and most importantly, act.

New Wave Media | Tara Molina | (403) 457-0919 | info@new-wavemedia.com | www.new-wavemedia.com

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