Tuesday, January 19, 2010

How To Follow The Twitter Madness

Twitter can be as frustrating as it is powerful and engaging. Because there is so much opinion and commentary most of the content is either not relevant to you, pointless or space filling nonsense. To get the most out of Twitter you have to decide what it is you want from it.

If it is ideas, reference or inspiration then just log into your web based Twitter account at a frequency that suits you (once an hour, once a day, once a week) and watch what people are saying. If something is of interest don’t be afraid to engage them in a conversation. Don’t forget to use their @TheirTwitterName in the tweet (post) otherwise they won’t know you are directing the comment at them. While you are logged in take a moment to see who is following you and if they look credible, follow back. It is in this way your portfolio of followers will grow. Remember it takes time and it’s not a popularity contest.

If you want to use Twitter for a more specific purpose such as track comments about your business, your industry or competitor then one of the many 3rd party products will be useful. I would recommend TweetDeck as one of the better applications I’ve seen. It does require a download and a small amount of setup. Once in place you can Tweet from your computer desktop, set up customised searches, receive and send messages from multiple Twitter accounts and also update other applications like your FaceBook. MySpace and LinkedIn.

One of the core features of Twitter is that you can send and receive from your cellphone. Not difficult to set up and I would suggest a handy tool if there is something that happens while your are out and about that you just have to share. Again there are numerous 3rd party applications that can enhance this feature, adding pictures using Twitpic being one example. Unless you have lots of time or a specific reason I can think of few reasons why anyone would want all the tweets on their feed sent to their phone. The cost of these mobile updates will cost you depending on you data plan, I would advise you check with your Telco provider before you get carried away.

When it comes to building your own list, take your time and apply some degree of strategy to who you follow. You can’t choose who follows you but you have every right to decide who to add to your follow list. Unless you are extremely famous or popular you will have to build your following gradually and in sync with how many follow you.

Because effective social media engagement still involves trust and honesty do not be tempted to use automated list builders, it’s not a numbers game and you can risk being regarded as an insincere waste of space spammer. The “auto message your new followers” feature offered by some of these tools is basically spam and should be avoided. As a result of this annoying practice I now never bother to check my DM (Direct Message) folder.

I have more than one account to ensure I can target my audience more effectively. With my personal account @craignetworker I will follow anyone who looks credible and offers advice or genuine content. My business account @MondayMorningNZ is more specific in that I follow predominantly NZ businesses and people who give sound Social Media or business information. Other accounts are more specific like @WineryNZ which is specific to people in the wine industry.

To understand Twitter better you need to think of it as a conversation. Make your posts conversational like you are talking to a real person. Think less about “what are you doing?” as what the original twitter question posed and more on “what can you add to the conversation?”
If you find you are getting hard-sell messages and mindless drivel don’t hesitate in un-following the offender.

When your lists builds to a size that the core group you liked to listen to and engage with melt into obscurity, then use the group filter function built into the twitter browser or featured in applications like Tweetdeck to filter them back into the foreground. If you want to find people who are local, in your industry or discussing particular topics try the advanced search features on http://search.twitter.com.

Finally shorten web links using http://bit.ly to help reduce the character count (you only have 140) and to offer a mind blowing amount of click through statistics.

Most of all enjoy Twitter, discover its power and develop your own strategy by watching, listening and engaging with others who offer their wisdom and experience.

Tuesday, January 5, 2010

Part 4 – Social Media for Business – When do I begin?

Did you make a resolution for the coming year or did you simply not bother because you felt it was just a waste of time and energy?

We have just started a new year and it is traditionally when we take some time away from our business. It is the time to reflect on what we have achieved over the past year and affirm what our expectations and goals are for the coming year. Most importantly though, and often overlooked, it is the time to set some achievable actions that will turn the goals into reality.

Few would claim last year was an easy one for business. Taking an optimistic point of view, it has forced us to look long and hard at our business models and come up with ways to improve on the bottom line. As a result, if you have made good decisions then ultimately you and your business will benefit as the economy improves.

No matter what business sector you represent you must have acknowledged that your relationship with the customer is an important factor to your sustainability. Foot traffic and frontage are no longer a primary solution, customers want to know they are not only getting value but they are themselves valued. To achieve this we must listen, we must communicate, engage and share our expertise in a way that was not only unattainable to previous generations but unimaginable.

Saying Social Media is not for me is just the same as those before you refusing to use the telephone, the fax, the mobile phone, email and websites as they became accessible. Sure your business may survive without some or all of these things but you will be a rare and probably much endangered exception to the rule. Social Media, like past advancements in technology, are marketing and communications channels that customers expect you to use, for their convenience not your own.

If you haven’t done so already, the time to incorporate Social Media into your customer communications and marketing strategy is now. It is not a quick fix, in fact quite the opposite. Building your networks, preparing your platforms to align with you brand and values and developing the resources to ensure you can maintain meaningful and ongoing interaction is extremely time consuming. Cheesy analogies of conquering huge obstacles by taking small steps may be appropriate but I will assume by reading this far you have got the point. The sooner you come to term with Social Media’s potential and your advantages and limitations the better off you will be in the long term.

So do start now, take small and careful steps. Get some advice, read, follow and friend those in the know. Do start to watch and listen to what is going on and only then you will begin to understand what the opportunities and risks that relate to you and your business are.

There is no one hat that fits all, thankfully that is what will continue to give us our uniqueness and our point of difference.

Happy New Year.

Monday, December 21, 2009

Merry Christmas and thanks for all you have done for us.

Merry Christmas and thank you from the team at MondayMorning.Biz for the part you have played in our past year.

Given this was our first year under the new brand MondayMorning we have been pleasantly surprised at how much engagement we have had from a diverse cross section of businesses despite the doom and gloom of the global financial recession.

A big part of our success was due to how many of you realised immediately that the online communication platforms and Social Media strategies we are presenting on in our webinars, traditional workshops, consultations and conference engagements were integral to the future of your own businesses.

We have had some notable achievements over the past months including becoming a Partner Patron of Business Mentors NZ, preferred supplier and associate of The Corporate Toolbox and webinar provider for their popular “Meet the Expert Series”. We are regular blog contributors to Business Blogs, been busy working alongside organisations like the Business Excellence Foundation NZ, The National Speakers Association of NZ and the Regional Tourism Organisations of NZ to name just a few.

We are very excited about moving into the New Year as we will be placing even greater emphasis on Social Media Strategies for business. If you know of anyone who needs guidance and hands on assistance in this area tell them to give us a call.

Again thank you for your part in making us a success and we look forward to working alongside you in 2010 and beyond.

Merry Christmas and a Happy New Year from

Russell, Roger, Helen and Craig

P.S. Oh it wouldn’t be Christmas without a little gift. Kick your business New Year off with a FREE webinar from the MondayMorning and Corporate Toolbox Team in a 1 hour no charge “Meet the Expert” webinar on the topic of “How to make money online” (January 27th at 9am – book now we are limiting spaces)

Tuesday, December 15, 2009

The reason social media is so difficult for most organizations

As so often in life and certainly on the web wisdom comes from the insight of others. This is from the online marketing guru Seth Godin and sums up in just a few words what we need to understand when we start engaging in the Social Media space.
It's a process, not an event.

Dating is a process. So is losing weight, being a public company and building a brand.

On the other hand, putting up a trade show booth is an event. So are going public and having surgery.

Events are easier to manage, pay for and get excited about. Processes build results for the long haul.
More of Seth’s wisdom can be found on his blog at http://sethgodin.typepad.com/

Sunday, December 6, 2009

Social Media Return on Investment Examples and Video

Measuring the return on investment (ROI) with Social Media is not an easy proposition given the complexity of what the medium potentially represents. What it is not is just another channel of advertising or promotion. Because of this we cannot compare with traditional mediums so how do we measure it?
Many of us are still learning ways to make it work, many are still watching from the sidelines and an alarming majority still haven’t even considered it as part of their business.

This video from the team at www.socialnomics.net has a few examples of the thought leaders that stuck out their necks and taken giant leaps forward (and a catchy tune to boot)

Tuesday, November 24, 2009

Part 3: Social Media for Business – What on earth is it?

I have approached this series first looking at “Why bother with Social Media”, now we move to “What it is”. Social Media is not a single product nor is it a one size fits all process. Social Media is less of a thing and more of a “way” of engaging with your stakeholders.

To appreciate the full benefit of this medium you need to take a step back and review the way that you approach your business communication at every level. There are plenty of reasons why Social Media and Social Networking need to be considered with some urgency for your business but there is one that stands out and should be reason enough;
“The way your customers are talking and listening has changed so if you don’t want to loose them to a savvier competitor you’d better keep up.”
There has been a paradigm shift in the way we access information and make our purchasing decisions both domestically and commercially. This has been the result of our relatively recent access to the internet at high speed (broadband), access to reliable sources of up to the minute information (Social Media) and real time collaborative discussion with our peers (Social Networking).

No longer are we at the whim of the PR and advertising executives who traditionally influenced our spending by coming up with clever slogans, catchy jingles or by dominating the premium media spots on TV, magazines and newsprint. In today’s highly competitive consumer society, when we want to purchase, to engage professional services, to travel or to be entertained we will ask our friends online and consult with our virtual networks as to what they would recommend and suggest. The key point here is if you are not part of that conversation you cannot be an influence to its direction and relevance to your own business.

There are many definitions of Social Media; here are a couple that I think are adequate for this conversation:
Social Media: are collections of data and information that is developed collaboratively and/or shared interactively amongst individuals or groups. Examples include Blogs, Wikis, and shared Bookmarks.

Social Networking: is the use of process and technology to support the discovery, formation and maintenance of personal and professional relationships. Examples include Facebook, Bebo, MySpace, LinkedIn and Twitter.
From a business perspective Social Media is a double edged sword. The majority of platforms are free and yet to get the best out of them there is a significant time investment required which comes at a cost to internal resourcing. There is a good argument for external outsourcing of this service but that will have to wait for a later post.

There are a few don’ts that have to be considered from the outset to avoid a very costly mistake made by many before you. Your brand and its values have been built up over many years so do not hand your most precious communications opportunity to the office junior just because he/she has a thousand Facebook friends and “knows all about it”. Your brand image must be maintained and communication made to a standard that reflects your goals, this can be undone and turned against you with poor judgement and business inexperience.

Don’t be too hasty to engage but engage you must. First watch and listen, in time you will be in a position to contribute and ultimately benefit. This needs to be approached as a long term strategy that takes planning and sound business advice that aligns directly with the existing goals of your organisation.

Here we expose the essential key to success, “strategy” and “planning” are fundamental to an effective social media campaign. The sad reality for many businesses is they have done little, and sometimes nothing in the way of formal planning making its application confusing, ineffective and potentially demoralising to all involved.

The best approach to any strategy session is to engage someone external who knows how to facilitate the entire procedure, to guide the conversation and bring out the most in every rank and personality that has anything to do with your operation.

Engagement and participation of the entire team is important, they all have something different to offer and if engaged in the process will take ownership and be a valuable contributor and active participant in the organisations future.

What does this have to do with Social Media you may ask, have we steered off subject? If you think we have then you are not in this for the long haul and will become quickly disillusioned with Social Media as a serious communications and promotional platform. Once you have a clear direction on what it is you want to achieve for your business only then can look to what products will suit your needs best.

Thursday, November 5, 2009

Part 2: Social Media for Business – Why Bother?

You want to make more money don’t you? No matter what business you are in or what industry you represent the majority of us have one goal - to provide a product or service to a customer in exchange financial remuneration. It may be an over simplification but the fundamental exchange of goods for cash is what makes our collective survival and sustainability possible – both as a business and as individuals.

Business can be difficult even in the best of times, there are few of us, especially during a global financial recession, who can say that things are easy and life is a breeze right now. When times are good there is a tendency for corners to be cut, product quality and service levels to be not so closely monitored and staff or management not always being expected to perform to their greatest potential. Worst of all is customer service is way down on the list of priorities. Its times like now we start to comprehend the impact this is having on our business.

Taking any existing customer or potential client for granted is a big mistake.

Human nature and to some extent situational circumstances creates customer loyalty and with it desirable repeat business and referral. Look to your own purchasing habits to validate this. Where do you buy your bread and milk? Where do you fuel your car? Where do you get your hair cut? Now ask yourself, why?
Is it the quality of the service, the product, the price, or is it that you are made to feel valued when you give them your custom? What would it take for this purchasing habit to be changed? Would it be the result of their poor performance, bad service, a betrayal of the trust or would it be that someone else has made you feel more valued or offered you a better deal?

Customer loyalty is primarily about the relationship you have with the person who you exchange your hard earned cash with, you may even pay a premium price for your milk when you know the shopkeeper welcomes you by name, takes the time to listen or does something out of the blue that makes you or your family feel special or important. It may be as simple as stocking your favourite ice-cream, giving the kids a sweet free of charge once in a blue moon or remembering something you told him in passing like the date of your birthday.

I don’t have to convince you this is true, you know it is. So why do we fail to apply this simple logic to our own businesses and how we manage our own customer base.

The way we buy, the way we communicate has recently changed dramatically as a result of Social Media because we have a global communication network that never existed even a few years ago at our disposal. This change in the way we use the internet and the World-Wide-Web is why we now collectively refer to it as Web 2.0. Accessing this information and the live and interactive opinion of others is easilier, increasingly affordable, ubiquitous and portable. The size of this customer market - the digitally aware and proactive - is now too large to ignore and growing at an exponential rate. To put some perspective on this, if Facebook were a country it would be the 4th most populated in the world.

The question proposed here is, why should you bother with Social Media for your business?
Put simply, ignore it at your peril because leaving it to later may just be to late.
Your existing and potential customers are seeking the opinion and getting feedback from each other on many, if not most of their buying decisions right now. They are doing this via Facebook, in Twitter on YouTube and in their own blogs.

Paradoxically it’s the old fashioned values of maintaining conversations, keeping customers updated and informed, making them feel valued and allowing your advocates tell others about your great service is what makes the emerging social media communications strategies a success in both PR and financial return for businesses of all sizes.

The number one rule to remember is that social media are above all, a social tool. Our usual social norms apply just as well in the offline world, and this means treating customers with respect, being open and transparent, and being interesting and engaging.

Sure its going to take time, there are learning curves to be experienced and some tough decisions to be made - but the only thing you can’t afford to do is wait. Social Media is a long game, not a quick fix. If you are not participating, like the corner store who doesn’t understand the value of good service, your customers will simply drive on by and spend their money elsewhere.