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Mastering the Social Media Tightrope Act

Social Media for Business

At the Innotech eMarketing Summit I attended a presentation entitled “Communication Shifts: How Brands Communicate through Twitter and the Blogosphere” by Simon Salt and Chad Sour (yes, those were their real names). I came away realizing that social media is really a tightrope act. Mastering social media requires that you learn how to play the game with today’s rules, while simultaneously preparing to play within a different set of rules (or a different game entirely) tomorrow to leverage social media for your company. This balance between focusing on the now and looking forward to the future will determine who the real social media “winners” will be.

Today’s Rules

Today’s rules are important to follow because without abiding by them your brand’s social media strategy will never get off the ground.

There are some rules that apply to all social media platforms today (and probably always will), such as:

  • Make people want to follow your company and talk about it with their circle of friends
  • Establish a clear company voice (not necessarily your own voice as a business owner) and stick to it
  • Know how you’re going to handle negative situations before they arise and then stick to your plan when the time comes

Rules are always evolving on social media platforms. Major changes like the Facebook news feed, FTC blogging guidelines, or Twitter follow limitations changed the game significantly for brands that were utilizing those platforms. These changes serve to demonstrate that with every new rule a company’s focus must remain on the here and the now first and foremost because otherwise your social media strategy can easily become outdated, ineffective, and potentially harmful to your business goals.

Tomorrow’s Changes

But it’s easy when one or two major changes happen on a well-established social media network, what about when a former favorite starts to die of old age and new networks are emerging? (more…)

Brand Conversations on Social Networks

Businesses on Social Media

Brands are a part of our lives and social networks are where we express our lives online; therefore, it’s logical to conclude that these spaces are hungry for brand conversations. Consider the following facts:

  • 19% of young adults have added branded content to their social network profiles and 24% have recently added advertising clips*
  • 60% of social media users interact with a company more than once per week*
  • 93% of social media users think a company should have social media presence*
  • 20% of tweets provide product or brand information**

Why Should You Care?

It was once assumed that there was no room for businesses in social media- that users would become disinterested in social networks if brands barged in, pandering to consumers like they do in other forms of media. While this may be true in some instances, the above statistics are evidence of the extent to which brand conversations are being adopted into social media spaces.

Social media users these days are starving for brand conversations- they want to compare brands and products, they want to share their stories, and they expect brands to be engaging them as well. With this in mind, there are a few things you should remember:

  1. If social media users aren’t already talking about you, they will be soon!
    Social networks have made it easy to generate online buzz about any brand- big or small. If your brand isn’t being talked about yet online, give it time- it will be.
  2. You’ll need to get comfortable seeing your name online.
    When your brand first starts appearing online in conversations, it can be easy to let it distract you. This sort of distraction can also happen if all of the feedback about your brand has been generally positive and all of a sudden you are seeing negative press spreading. Whether the opinions being expressed are positive or negative, keep one thing in mind: that is just a small subset of opinions. Only the most extreme ends of the spectrum are the ones that are going to be talking about you. No one is going to take the time to say something neutral like “Just received my order from Company.com It was fine- just as expected.” (more…)

SMB Series- Best Business Blogs

Best Business Blogs

Throughout the month of November we will be running our “SMB blog series.” While SMB traditionally refers to “Small/Medium Business,” here at Volusion it has come to mean something else: “Small Made Big.” This month we will be sharing resources, tips, stats, and inspirations to help you turn your small ecommerce endeavor into something greater- something BIG!

It’s important for all business owners to stay on top of industry information, but as a small business owner, it’s even more important to understand the business landscape! Running a small business, you have less room for error so you’ll want to make sure you have as much information as possible when making decisions that will affect the future of your business.

Blogs are an excellent way to get the essential news, tips, resources, and advice you need to run your small online business! Here are some great business blogs to follow on a regular basis:

  • Duct Tape Marketing
    Duct tape is an absolute essential, and so is this blog. Just look at the Duct Tape Marketing blog’s  extensive left-hand navigation of blog topics and you’ll know why it’s a must-read for small business owners.
  • All Business- The Small Business Blog
    Small Business expert Reiva Lesonsky updates The Small Business Blog weekly with straightforward and passionate entrepreneur insight.
  • Small Business Trends
    Like their name would imply, Small Business Trends keeps tabs on all of the breaking trends that impact every aspect of your business. They also maintain an extensive list of ongoing business events. (more…)

Women on Social Networks

Women on Social Networks

With a record number of women on social networks, getting to the heart of their motivations for participating in these social spaces is more important to marketers and business owners than ever before.  A recent survey by a women’s social networking site called ShesConnected attempted to tackle the question “What do women want out of social networks?” Their findings not only illuminated what women are looking for on social networks, but also where they’re going to get what they want.

Why is this so important? Well, if you’re looking for the perfect gift to get the woman in your life for her Birthday or trying to decode what she means when she says “It’s fine!” this information won’t help you; but, if you’re selling women’s products online this will give you a good idea of where you need to be to reach your market.

Where Are All The Ladies?
Facebook and LinkedIn were by far the most popular social networks with the women surveyed. Below is the percentage of women who indicated that they were members of each social network:

  • Facebook 83%
  • LinkedIn 73%
  • Twitter 55%
  • MySpace 41%

The results of the survey show that the women on these social networks are very active. In fact, more than half of women check their networks multiple times per day, and 48% reported being a member of four or more social networks.

What Makes These Social Networks Appealing to Women?
When surveyed, the top five responses that women cited as being “very important” reasons for them to join social networks were: (more…)

SMB Series- Twitter Hashtags for Businesses

Connect on Twitter

Throughout the month of November we will be running our “SMB Blog Series.” While SMB traditionally refers to “Small/Medium Business,” here at Volusion it has come to mean something else: “Small Made Big.” This month we will be sharing resources, tips, stats, and inspirations to help you turn your small ecommerce endeavor into something greater- something BIG!

We all know Twitter can be great for advertising your business and connecting with your customers, but what business owners sometimes overlook is the value that Twitter provides them as entrepreneurs. Twitter can help business owners stay on top of industry news and connect with fellow online store owners.

Here are some great hashtags to get your business plugged in on Twitter:

  • #smb
  • #smallbusiness
  • #SMBs
  • #entrepreneurs
  • #startups
  • #ecommerce

(more…)

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