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Showing posts with label Marketing Strategy. Show all posts
Showing posts with label Marketing Strategy. Show all posts

Saturday, October 23, 2010

Ten social media problems that drive marketers nuts

“Use social media marketing to build your business.” Sure, these are captivating buzzwords, but few understand how difficult marketing through social sites can be until they try it!  I’m learning this from experience.  The truth is that social media marketing is difficult work.  To help minimize the impact of this frustration on the beginning marketer, here are my Top 10 annoyances as I try to market through the social web and a few comments on how I’m dealing with them:
1. Marketing for producing votes – Users of sites like Digg and Reddit rate links, allowing some to soar and others to languish in obscurity. When I found myself trying to write to secure votes and work the system, I decided to re-focus on simply creating quality content in spite of the kind ratings I get.
2. Converting followers – I have hundreds, perhaps thousands of followers: Now what? Followers are not the same as sales leads are they?   I’ve learned to think differently about expectations and conversion rates. Over time, buyers will come, but you need to be patient and accept a low conversion rate as you focus on building relationships, not quick sales. 

Sunday, September 26, 2010

5 Steps to Winning at Business with Social Media


If you haven’t already decided to leverage social media, you probably shouldn’t read this article. I wouldn’t want to hog any more bandwidth detailing the importance of social media and why if you are not on it, you are not anywhere – period. Let’s look at what you should do to continue what you have been doing : Winning at Business with Social Media.
This post is also not about getting you started on social media – frankly that doesn’t take much. You know the top social media sites, and your newest trainee (they are actually the best bet!) can setup your accounts. But then what? The biggest mistake you can possibly make in to create a static presence on social media.

Social media affects every part of your organisation and you need a comprehensive response to it. Ensuring 5 Steps can jump start your ability to leverage social media. Lets look at each step briefly.

1.Listen! : A seemingly simple task, but challenging to implement. It involves monitoring, reading and comprehending the conversations online. There are conversations happening everywhere, and you need to setup mechanisms to monitor the buzz. Beyond this, you of course need to setup the channels of communication so that the stakeholders can directly speak to you. The Kryptonite lock example is cited as a major failure to listen the right cues. The quality of listening is also important – one basic principle is that this has to be non-intrusive.  Read More...  
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Thursday, September 23, 2010

Sun Tsu's Marketing lessons

Winning Marketing Principles from the Greatest Strategist of All Time. What can an ancient Chinese military genius teach modern businesspeople about winning the marketing war? Read More...
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