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social media marketing

What’s the most important and tangible goal for marketers using social media? To drive web traffic, according to an ongoing benchmarking study conducted by the consulting firm MarketingSherpa.

73% of the more than 2300 respondents to the MarketingSherpa survey says they target the goal of increasing web traffic, and measure results against that goal, when they deploy social media marketing programs.

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The next three most mentioned goals are equally tangible: increasing sales revenue, improving search engine rankings and increasing lead generation.

Within the general discourse about social media, there is a lot of emphasis placed on the opportunity to open up organizations and create a new level of engagement with prospects and customers.

In our implementation of social media marketing programs, we’ve seen the potential of that activity.

Yet, the most tangible impact comes from the increase in visibility on search engines, and the direct conversion of consumers to website visitors, that accompanies the expansion of a company’s digital footprint.

The brand marketers surveyed by MarketingSherpa recognize the central role their corporate web site plays in their business strategies, and are assessing the impact of social media in terms of how well it helps to improve those strategies.

For those of us providing social media marketing programs, being able to articulate the benefit of a service against these objectives, as well as providing measurable results, will be at the crux of long-term success.

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A common question when I talk with businesses — large and small alike — about social media is exactly what the benefits to their business will be.

The short answer is more customers. The long answer is that they will increase their digital footprint by using social media tools to distribute content relevant to their business, and that as a result their web traffic will grow.

As you can imagine, people look skeptical when I give the short answer and confused when I give the long answer.

The best way to answer is to show pictures.

The three best social media marketers that I have seen in the markets my company serves are Tobi Fairley, Theresa Boardman and Eric Brown.

Each of these entrepreneurs follow the three cardinal rules of social media marketing:

  1. Create fresh and relevant content regularly;
  2. Build a connected network of customers and prospects through social platforms;
  3. Be authentic.

The results are easy to measure: Where do they show up on Google and how much traffic do they drive to their web site?

Type in “Little Rock Interior Design” and Tobi Fairley is the third result in natural search (following our At Home in Arkansas, which also uses a social media marketing strategy to distribute its content.) According to Compete.com’s measurement panel, Tobi gets between 1500 to 3000 visits to her web site monthly.  That compares to a few hundred for the average small business website.

The traffic is driven not only by natural search, but by the nearly 3500 connections Tobi has on Facebook and 2300 Twitter followers. Tobi is sharing content with her network on an almost daily basis.
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Real estate and rentals are among the most competitive online marketplaces, with multi-million dollar media companies (including mine) spending millions of dollars to aggregate content, build product and drive traffic to benefit their advertisers.

If you go to Google and type in “St. Paul Real Estate”, the first site that returns is Theresa Boardman’s blog. This kind of prominence has driven an average of about 10,000 visits per month over the past year. Theresa also has a broad Twitter following, with 2700 followers, and is active on multiple social networks.

A key characteristic of her blog is its personal voice. She’s not just focused on statistics about the real estate market; she shares her personal passion for photography, social media marketing and myriad other topics. Her blog makes it easy for a consumer to search for a home. But it makes it even easier for a visitor to decide that they like Theresa Boardman and want to work with her.

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The same dynamic is at work for Urbane Apartments. Type in “Royal Oak apartments”, and Urbane is the first natural search result. Compete puts Urbane’s monthly traffic at around 4000 visits (I’ve seen internal company data that shows the number is higher). Urbane has a network of 6000+ Twitter followers and 1400 connections on Facebook. The blog is active and personable, creating a distinct picture of the Urbane lifestyle.

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These three examples show the remarkable impact a well-executed social media marketing program can have for a business. All three entrepreneurs have an innate talent for creating content, but even more importantly, they have a commitment to being authentic and active. The benefit for their business is tangible: by committing to their social media marketing, they are able to save thousands of dollars every month in advertising and marketing costs to third parties. They have also built a tangible and lasting benefit to their brand: a digital footprint and an engaged community of customers and prospects.

The question about social media isn’t Why or Whether: It is How?

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Eric Brown & the new direction of marketing

November 9, 2009

At different points in my life, as I’ve begun to work through a problem that I find particularly engaging and energizing, I’ve been fortunate to stumble across people who have by-passed confusion and moved straight to the actions that create the new and exciting thing that I’m only beginning to see.
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Migrating a brand strategy from marketing to content: A case study

June 17, 2009

An examination of the transition from marketing strategy to content marketing strategy for one brand.

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An example of walking the walk in social media marketing

May 14, 2009

An example of how walking the walk becomes good social media marketing.

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Without tending, content grows wilted, loses its vitality

April 30, 2009

Interactive content needs to be kept fresh and up-to-date, or your audience wilts and your brand suffers.

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Social media marketing takes time, resources, commitment

April 15, 2009

A social media marketing program needs to have the commitment and resources to guarantee freshness

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