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social media tools

eMarketer shared an interesting piece of research from the University of Maryland’s business school this week.

small bus social media use.pngThe survey looked at the use of social media tactics by small business.

The key takeaway: Small businesses are rapidly adopting social media. 75% have created a company presence on sites like Facebook and 69% say that they actively post status updates and articles of interest on those sites.

Twitter was used by about one quarter of the respondents, while almost 40% say that they blog.

This is an explosion of activity from the SMB sector. It makes sense: social media tools are easy to use and internet users are spending more time on social media sites than any other venue. The SMB social media adopters are just following their customers.

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Over the past year, I’ve been encouraging our teams to have gain expertise about social media and have conversations with their customers about how these new tools can help them in their business.

Where I’ve met resistance is from people who ask, Why? Our business is advertising, and we’ve got print and internet products to sell. Talking about social media is off-point and doesn’t help.

My counter is that if we know a lot about something that our customers care about, we can help them, and that’s going to help us get into more conversations and have better relationships. And, I know from all my conversations that our customers and prospects are fascinated and perplexed by how to use social media tools in their business.

I found a useful passage in the conclusion of an industry report from Borrell Associates about real estate advertising that helps drive this point home.

Local media companies that can demonstrate a commitment to understanding their local markets more deeply than their competition, and a willingness to share that knowledge with local advertisers in a consultative relationship that is built patiently, with trust and respect, for the long term, will have the best chances for success. When a business is hearing from half a dozen ad media reps every month, it will take unprecedented focus, effort and resources to stand out.

Reading that made me ask myself, How many of our market representatives see the same value in sharing knowledge? And, how many of them feel confident about their own command of the information to share it with customers and prospects?

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Forrester changes the Social Technographics ladder to include Twitter & Facebook users

January 25, 2010

Forrester has introduced an important amendment to its Social Technographics approach. They have introduced a new rung on their latter, called Conversationalists. This is behavior adopted by a third of Internet users.

Josh Bernoff explains the new category:
As you can see from the graphic, we added a new rung, “Conversationalists”. Conversationalists reflects two changes. [...]

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Why targeting Influencers online will leverage your Community of Interest

January 12, 2010

E-marketer shared some research today from Synovate on behalf of the forum-based ad network PostRelease that details the “influencer” behavior of Internet users.
The research was on a base of 1000 adults, divided fairly evenly between men and women. These respondents were high-influencers, with 68% playing some kind of role in a purchasing decision.
The number [...]

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Thinking about how Social Media gets defined and what it means

January 7, 2010

Brian Solis wrote a reflective post today that strayed from his typical forward-looking perspective to reflect on how the term “Social Media” has morphed to encompass all kinds of web activity.
He harkens back to a definition of social media that was developed by a group of leading thinkers a couple of years ago. That [...]

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Local business & social media: A ground level view

January 6, 2010

Over the past four months I’ve had the opportunity to visit a number of markets around the country to give my presentation “The Hidden Power of Social Media: How to Improve Your Networking, Increase Your Web Traffic & Generate More Leads Just by Being Yourself.”
More than 700 people have attended these sessions. The attendees [...]

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The lost decade: Harbinger of change or beginning of decline

January 4, 2010

A steady meme over the past month has been the zero sum game that comprised the U.S. economy over the past decade. Net job creation was at zero; GDP, adjusted for inflation, grew less than 20%; and, household net worth (through November 2009) was down 4%.
The Washington Post ran a great graphic contrasting the [...]

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