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Social Media has now become a major piece of the search marketing puzzle. You can already see how important it has become with the number of sessions offered at SES London this year about this topic. Lisa Myers, CEO, Verve Search, in her session at SES “Introduction to Social Media” gave some valuable tips on how to use it effectively.
So …what’s social media?
Personally I use Facebook, Twitter, Flickr, YouTube, Windows Live Spaces… Are all these part of what’s called “social media”? According to Lisa Myers, Social Media is about you and what all of us are doing with these technologies and tools. Lisa gave us some stats to show how social media is becoming huge!
Facebook: - 500 million active users - of which 50% log on every day! – over 60 million status updates every day
Twitter: - 75 million accounts (of which15 million active) - 65 million tweets per day
Now which country do you think has the highest Twitter’s reach? I thought it would be North America, but apparently Brazil is the most active on Twitter.
Lisa gave us some great examples of social media activities that large companies are executing. Take Pepsi: after 23 years and hundreds of millions of dollars spent on Super Bowl ads they decided to ditch the SuperBowl and poured 1/3 of its' total annual marketing budget into a cause-driven social marketing campaign in 2010: The Refresh Project
So… How should we use Social Media for Business?
The Main Rules are:
The 3 media pillars to remember are social networking, viral, online PR.
To have a successful social media strategy we should first understand what our objective is: branding/awareness, traffic generation, link generation, conversions or a mix of them? Then we should ask ourselves who our target is. Depending on our target, we can determine which channel we need to use. For example, if I would target a 50 + audience, Twitter might not be the best medium to advertise my company.
Now, where to start with Social Media?
Blogging - your social home on the web
The first thing to do is blogging! This is the best social medium for a business to start with. It gives the product or your services a personable voice, develops a positive online reputation and expands your content to reach a wider audience.
But don't underestimate it! Before starting, we should consider few things:
We can also use tools to help with blogging, publishing and content management systems (for example Wordpress) and use social plugins to make it easier to spread the content.
Online PR – getting your content out on the web
Online PR is not the same as of traditional PR. According to Lisa we should always have something to trade. Why would anyone publish our content otherwise?
What are the things we could trade?
The process:
Viral - usually larger campaigns that appeal to a broader audience
The campaign doesn’t need to be a big and expensive to be effective. But you need great creative idea and a solid execution otherwise it won’t go viral.
When you have a creative idea, make sure to spread the word using the different social media channels don’t just leave it on Youtube or Facebook and wait for it to be discovered. Lisa gave the example of a campaign for a cancer awareness on Facebook. “I like it on the floor…” which was not expensive, easy to do and very successful.
Social Networking - where friends meet tweeps
When we want to get to know our neighbor, do we start by shouting? Of course not! well, it should be the same for our customers. We first need to listen to people to understand them. Twitter is the great place for this.
The key rules of Twitter are:
After doing all these, you need to monitor your social media activities.
Free Social Monitoring Tools
Paid Monitoring tools
www.raventools.com
www.radian6.com
www.socialmention.com
http://www.buzzcapture.com/
www.blogpulse.com
http://www.lithium.com/
www.tweetbeep.com
http://www.trackur.com/
http://klout.com/
http://www.sentimentmetrics.com/
http://tweetmeme.com
What do you think is going to be the next thing in social media? The world keeps changing. Half of the human race is under 30; they’ve never known a world without the internet. Perhaps we should look at the younger generation, see what sites they are using to understand how social media will evolve.
Cheers,
Nadia
Check out all our coverage of SES London for this week.
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