May 19, 2012

Social Media Strategies from IBM

Social Media Insights from IBM

IBM keypunch stationEd Brill, who heads up Social Media at IBM was on the Noon Business Hour at WBBM Radio yesterday.  What he said bears repeating and is often the point that is hardest for most people to understand.  The benefit of social media is the ENGAGEMENT.  Don’t broadcast.  Engage your customers, partners and suppliers in conversations.  Social media is a vehicle to be in touch with customers in a transparent way.

Your reasons for using social media may vary.  Market research, sales, customer service, recruiting, fundraising or all of the above may be useful.  I know one major hotel brand is now beginning to emphasize social media primarily for reputation management.

In one of my presentations, I have a slide with a graphic on it that shows social media going back decades (actually centuries).  Every example is about communication.  And the social media we think of today involves using recent technology to make more conversations possible, with more people in more locations.

While we now have the ability to post written words, videos, pictures, audio and links, that just adds to the awesomeness of engagements or conversations, not unlike back in the old days – like the 1990′s.  Or 1970′s.  Or 1940s. IBM’s computers were awesome back then as they are today, with more capability, obviously.  And like Big Blue, things have evolved in social media over the past century.

Social Media Case Study

I set up the social media strategy for a client which included Twitter, Facebook and a blog.  I trained the sales staff to Tweet from conferences they attended, which brought more visibility to my client and opened up new in-person meetings – conversations – while they were at the actual meeting.  Valuable!  They began following conferences they attended by following the hashtags of those conferences, which build their brand awareness considerably!

They began following and engaging people using the hashtags of conferences they weren’t attending, which also resulted in more visibility, new contacts and learning from those who tweeted snippets of content.  All from the comfort of their cubicle…or living room.

They are now participating in chats on subjects of interest to their target segments.  Again, more awareness, engagement and continuing education.

One of the most important strategies of the blog is to feature short bios of each member of the sales team.  People Google people they become aware of or are going to meet.  Having them land on the blog post of the featured employee is great for two reasons:

  1. It allows you to serve up whatever information you deem most important to foster a professional engagement.  (I could do a whole post on that alone!)  It will help make the prospect desire to know more and meet.
  2. It gets your prospect in your neighborhood.  Once they’re on your blog, they can experience all kinds of content about you organization, staff, products or services.
#2 is a power tip most people never consider.  It really works well and allows you to provide information on your terms and move people more quickly through a sales funnel.
Ed Brill also spoke about the importance of sites like Yelp and Foursquare to measure consumer sentiment, but they also allow for different forms of engagement.  If you’re interested in hotel marketing online, Trip Advisor is a must for the same reasons.  Regardless of your niche, there are many choices available.  Select a few and see how they perform.  Toss what isn’t working in favor of something that does.

Get started. Revise later.

Ed also suggested that you set up Google Alerts to keep track of any mentions that appear online.  I will add that you should also add alerts for your products, key employees and competitors.  Whether you’re just starting out or primarily just concerned with reputation management, as cited above, listening to your market is often your best first step.  People are talking about you right NOW!  Do you know what they’re saying?  I wrote more about this in How to Set Up a Social Media Listening Station.  By the way that’s one of my most popular speaking topics.

Ed may be from IBM, but everything he said on WBBM’s Noon Business Hour applies to businesses of all sizes.  They key takeaway? Engage.
One other thing, social media as with anything worthwhile, takes some time and resources to do right, but can be amazingly inexpensive and return a significant Return On Investment (ROI).  Get started, take action, revise as needed, rinse and repeat.

 

How Often Should You Optimize Your Website for Search?

How often should I optimize my website for search engines?

I’ve come across this 3 times this week. Someone asked how often they should optimize a website for the keywords they want to be found for. Then my wife’s work was told by their web guy that their site only needed to be optimized twice a year. And now I hear a marketing acquaintance talk about a client who had some keyword research done for free and then asking her to update the meta tags on the website.  The free SEO guy says “Search Engine Optimization only needs to be done quarterly.”

Stupid is as stupid does.

And this guy can’t update the site himself?  There is something drastically wrong here!

Let me correct this flawed information and show you how to benefit from it. Obviously the people suggesting that SEO needs to be done only twice a year or once every 3 months have no real-world experience in Internet Marketing.  That people are listening to these Bozos (and paying them) is really troubling, but you’ll benefit by doing things the right way while your competitors sit around for 3-6 months waiting for results.  And when that doesn’t work, they’ll revise (or usually not) and wait another eternity for the Search Engine Gods to smile down on them.

Stupid is as stupid does. (Sorry, I already said that)

First, Search Engine Optimization (SEO) is techniques, policies and tactics used to refine a website to attract visitors who search for information in Google, Yahoo, Bing and hundreds of other search engines.  What works best on one search engine doesn’t work as well on others, and that means for individual keywords!  You can have a top 10 listing on Google and be in position #70 on Bing for one keyword and have the exact opposite results for another keyword.

Second, there are at least 2 dozen places to optimize a webpage for Search.  In reality, only 5 or 6 are useful to address and it takes experience to integrate all of those together, not only SEO, but so that the content reads well.  So for the guy who did the free keyword research mentioned above and asked the marketing specialist to update the meta keywords, he is ignoring writing effective headlines, placing proper keywords in page content, cross-linking pages on the site, optimizing images for search…the list goes on.  It takes time to revise, wait for the Googlebot to visit, assess the results and revise again.

Stupid is as stupid does. (Sorry!)

Third, one of the most important elements of optimizing a website for search is to build incoming links to the website.  We could discuss this for days, but here are some major points:

  1. The number of inbound links can be important for increased rankings, but the quality of the sites the links come from is more important.  The best links come from “authority sites” that are related to the subject.  For example, a link from a news site, association or chamber of commerce site is much more valuable than a link from “Betty’s Blog” or something equally unrelated.  Sites with higher traffic levels are preferable to sites with little or no traffic.
  2. Building links to a website is a long, time consuming project, especially for websites in competitive niches.  It doesn’t happen overnight and for successful websites, it’s a marketing tactic that never really ends.
  3. And while there are services out there that will sell you inbound links for insanely low prices, most of them are known to Google and others, who devalue those links, if not ban your site altogether!
  4. Search engines spider different sites with different frequency, often based on how often the site content changes.  CNN and other news sites are crawled by search engines constantly and new articles begin showing up in search indexes almost immediately.  They crawl smaller sites less frequently so you want to update your site on a regular basis to encourage more visits from more search spiders.

So for the guy who told my wife’s work that SEO only needs to be done twice a year, he’s completely ignoring one of the most important elements to optimizing a website for search.

Stupid is as…oh nevermind!

One other point is that search engines rarely give you the highest ranking they think your site or page deserves because they want to see how it evolves, how people interact with it and how many other sites link to it over time.  Good SEOs refine their tactics, wait for the search engine spiders to visit, assess the results and revise accordingly. It’s not a one-shot deal.  And despite our best efforts, sometimes search rankings can be frustrating.  I had some success with an eye doctor client site.  We achieved most of our objectives in the first couple of months, but we just couldn’t get rankings for the term “optometrist” and their local GEO’s (location geographical references).  It took a couple of months of trial and error, but we finally got them page one rankings for all combinations of GEOs and “optometrist.”  That’s because we worked on it every month for several months!

I’m not saying that SEO is a slam-dunk.  It’s like a box of chocolates.  You never know what you’re going to get. But you can improve your odds! And you must optimize your site on an on-going basis!

I believe that clients of the two guys mentioned above have websites that are not optimized for all the keywords they should be, are not ranking well for many of the ones they’ve tried optimizing for and aren’t getting much in the way of website traffic, all because of their sporadic approach to website optimization.

I hope you understand what all this means.  If you do it will improve your results, save you money paying Bozo to optimize your website and give you a major advantage over your competition!

There is much more to this!  Please call or email if you’d like to know more.  Toll free: 877 Web-Asylum

Would you like a chocolate?

 

 

More on Website Success and Return on Investment

As a followup to yesterday's post on Website Success and Return on Investment, let me say that you may need to calculate ROI in more ways than one.  Just as you probably have multiple goals for your website, you'll use a variety of tactics to achieve them.  Goals that might aggregate into your final ROI might include:

  1. Increasing the number of visitors to your web site.
  2. Increasing the time your visitors spend on your site.
  3. Increasing conversions.
  4. Improving your shopping cart abandonment rate.
  5. Generating repeat visits to your website.
  6. Increasing traffic for new and additional keywords.
  7. Getting more inbound links.
  8. Having more conversations or interactions with prospects and customers.
  9. Developing an affiliate program and other joint ventures.
  10. Create more "buzz" or word-of-mouth advertising.
  11. Increasing opt-ins to your email list.
  12. Improving customer service.
  13. Teach, demonstrate or explain better.
  14. Completion of online forms, such as a needs analysis or request for information.
  15. Testing messaging or marketing initiatives.

Each of these goals will require different investments to achieve.  Calculating the effectiveness of each will be varied.

And don't forget about milepost goals and their corresponding ROI.

We built a website a few years ago for a firm that sells an online service.  "How many of these do you want to sell?" I asked. "50,000" was our customer's reply.  I explained that with a conversion rate of anywhere from less than 1% to, possibly 3-5% that he was going to have to generate significant traffic to his site to meet his goals.

With a 1% conversion rate, our customer would have needed 5 million visitors to his site to succeed in selling 50,000 units.  We discussed his options and costs.

He decided to focus primarily on cold calling!

"Good luck with that."

Actually, the cold calls were to develop JV partners, not single sales.

What he should have done is develop and test several tactics and refine as necessary.  We suggested setting interim goals of 100, 500 or 1,000 conversions for each tactic.  Then calculate the cost-per-lead and cost-per-sale.  Revise the strategy, if necessary, and discontinue unprofitable activities.

Multiple ROI calculations over multiple time frames.

Successful websites measure their ROI frequently and consistently.  And adjust accordingly.

Website Success and Return on Investment

For most website owners, the ultimate goal is to generate revenue and make a profit.  If you invest time, money and resources in ANY project, you expect to see gains or a return on your investment. (ROI)

The definition of ROI depends on who you ask:

BusinessDictionary: Earning power of assets measured as the ratio of the net income (profit less depreciation) to the average capital employed (or equity capital) in a firm or project. Expressed usually as a percentage, it is a measure of the profitability which (while not taking the time value of money into account) indicates whether or not a firm is using its resources in an efficient manner.

ROI is often expressed as a financial metric, often as "rate of return." It can represent an increase in sales, profits, cost savings, efficiency, etc.

It can represent an increase in time or savings on effort.

It can represent an increase in brand awareness or loyalty.

The Website ROI Guy blog is all about all of the above.  How do you get more our of your investment in your websites and blogs?  My interest in website ROI began years ago when I would work on client websites and realize that they had no idea if their site was making money or would make money.

The biggest reason for their failure was not having a plan.

The second biggest reason they failed was they did not know what to put in the plan.

"If you fail to plan, you plan to fail."

Most plans begin with goals, but most website owners never set them.  And if you can't measure your progress, you can't evaluate your efforts – and adjust.

Establishing goals is one of the first things we do when we begin working with our Web Asylum customers and the organizations I consult with.

I was working with a client yesterday on a new hotel website and one of the goals is for the catering & banquet department to be more efficient in filling their sales funnel and generating more sales without an additional investment in time or money.

Another client is integrating their backend systems into their website, which should make for an easier, faster and more accurate experience.  I asked if it was also a goal to save money on payroll and, quite to the contrary, their goal is to free up staff to interact more with customers.

I'm coaching another client on the use of social media.  She's active on LinkedIn, but wants more experience on Twitter, Facebook and blogging.  She doesn't think she'll use them all.  She wants to evaluate what mix of social media will give her "the best bang for the buck." (Another definition of ROI or Return on Investment.)

How will you know if you've achieved an ROI with your website?

How will you measure it?

Then, how will you adjust to increase your return on investment?

Search Engines Love Blogs! (Or do they?)

Things I Learned While Looking Up Something Else

Youngkurt Writing about things he learned while looking up something else was a popular feature for the late syndicated columnist, Sidney J. Harris. (I started reading at an early age)  I share the same types of things when I think it will interest you.

An information marketer I follow and like is Russell Brunson.  He posted something interesting on his blog about how often blogs come up in search rankings vs. websites.  I found his conclusions to be very interesting and SURPRISING.  I wish I had thought to test it as he did.

An information marketer I follow and like is Russell Brunson.  He posted something interesting on his blog about how often blogs come up in search rankings vs. websites.  I found his conclusions to be very interesting and SURPRISING. And it seemed that the market didn’t matter.

He wrote, "The more general term, with the largest number of searches produced the least number of blogs in the search results."

I wouldn't be surprised that ecommerce sites, using long-tail keywords, might outnumber blogs.

"The searches that I used to find the search results with the
greatest number of blogs in the results are not well searched terms at
all."

Which means that bloggers should research the keywords and phrases that their target audience is using.

I got interested in blogging after attending a Crain's Chicago Business Breakfast three years ago where the panel talked about success at building traffic using blogs.  Until then, I had dismissed blogs as pretty useless information about someone's cat, boyfriend, favorite team, etc.

I saw the results and we continue to see them.  Since then, blogging as a business has  exploded with all types of interests supporting full time bloggers.  Sometimes the bloggers earn a living with advertising, but affiliate marketers use blogs to promote the products they sell.  Companies use blogs to promote their products and services and provide support and customer service.

Question 1: If websites generally come up in searches more often that blogs, does that mean that blogging, as an industry, is not a significant business?  20-30% of the online pie is still significant!

Question 2: Is the share for blogs growing?

I think there is also value in blogging for the interaction that comes from all forms of social media.  There are case studies that support  that.

– Kurt Scholle, the Website ROI Guy

How Not to Do Twitter

Eddie_izzard I was coaching a client in the hospitality industry on how to find people to follow on Twitter and the tactical opportunities you can gain by selectively looking at who your competitors, vendors and associations are following or being followed by.

We had done some Google searches related to meeting and event planners and stumbled on to the Twitter account of an association she was familiar with.

As we looked at who they were following, there was hardly a meeting planner, destination or industry resource on the list.

However, Mrs Ashton Kutcher was. So was Wil Wheaton (loved him in Star Trek), Eddie Izzard (love him in anything-even a dress!), Al Gore, a college basketball coach, an 80's hair band, another actor, a style magazine and a sports blogger.

My client has a whole new impression of the association.

We both had a good laugh and I got a case study to teach other clients How Not to Do Twitter. Thought I would share it with you.

Fail, fail, fail, fail, fail!

– Kurt Scholle, Website ROI and eBusiness Strategy

Website Strategy: About the About Us Page

I received an email from someone who wanted to know what to say on the About Us page of his website.  Here is my response:

The About Us page is not usually the most visited page on a website, but it's important for several reasons.  One is that visitors who are considering your products or services need to believe that they will like working with or buying from you.  Many search engines are also thought to penalize websites that do not have an About Us or Contact Us pages.

The About Us page might be viewed as an extension of what you might be tempted to say on a Home page. In fact, much of what you currently say on your Home page is a good start.  Consider shortening that text and promote more of your company's benefits and unique selling position.

If you were to promote yourself in a chamber of commerce event or cocktail party, what would you say?  Something to the effect of:

"We’re Acme Widgets.  We provide a very high level of <fill in the blank>.  We do this by <fill in the blank> which benefits our customers by <fill in the blank>. 

We <list a benefit>.  We <list another benefit>.  We are conveniently located…."

I would try and link text to other pages of your site which should help search optimization.

I wouldn’t make it too long.  Visitors will sometimes visit these pages before making a final decision.  This page strategy is to explain in a broad sense what you do (rather than on the Home page) and build likability and trust. Use the Home page more to get people to take the actions you want them to take, including navigation to interior sections.

Dedicated to your website ROI.

– Kurt Scholle

Mailbag: Flash & Video on Home Page

Bobhopestamp I had a customer ask recently about adding a video to their Home page, which also features a flash animation.  Here is my response.

We can work on a Home video, if you like,
but I really wouldn’t recommend it on a page with Flash.

-It may “fight” with the Flash animation –
you’d have a lot going on

-It might not fit on the page along with
other page elements, especially if you want to minimize scrolling on Home

-Flash files take some time to load.  Video can be even longer.  We want all pages, especially Home, to load
quickly

-Depending on the message, it might be best
to tell it in Flash on 3-4 Home Flash slides and then use video to support or explain a service or to simply welcome website visitors.

Videos do not have to run on a page per
se.  They can play in a popup.

Consider promoting a video on the Home page, perhaps with an attractive graphic, with a link to an existing interior page or a new one that supports the message in the video.

– Kurt Scholle

   Website ROI Guy

Just the facts, man!

I recently recieved an email from a guy on LinkedIn, who wanted people to follow him on Twitter and Facebook.

The problem is, "Mike" wasn't specific enough to complete the transaction.  I found his Twitter handle OK, but he suggested that I simply search for "mjones" on Facebook and I'd find him.

Problem is there are 121 people who come up on a Facebook search for "mjones" and 24 who come up for "Mike Jones" or "Michael Jones."

Since I don't know from his LinkedIn email where he lives, I can't narrow it down much further.  (I couldn't reply to his email as it was "noreply.")

I could probably do some more investigating, but why bother.  He should/could have easily provided the facts that would have helped build his network.  I suspect I wasn't the only one who bailed.

He should have posted his specific Facebook address in the email.  Mine is http://profile.to/kurtscholle

On Twitter, I'm http://www.Twitter.com/kurtscholle

Find me on LinkedIn at http://www.linkedin.com/in/kurtschollle

Friend me!

–  Kurt Scholle

What We Learn From Radio Programmers About Website Strategy

Doctorjohnnyfever Early in my career as a radio programmer, I learned about quintile analysis and its effect on strategy.  I worked for the NBC owned and operated FM radio station in Chicago: Q-101.

Quintile analysis looks at a situation broken down into five parts, 20% pieces of the whole.  In radio, QA studies how the 20% of the audience who does most of the listening compares with the 20% of the audience that does the second-most amount of listening, on down to the 1/5 of the audience who really is not brand loyal and doesn't listen very often.  The 5th quintile usually prefers another station OR they may like your station alot, they just don't listen to the radio much.



It's much easier to get the top 20% or 40% of your audience to do something than it is to get the 1/5 of your audience who listens the least to do something.

It was the first time I considered the differences between segments of audience; their respective needs, loyalties and motivations.  Getting your first quintile to listen 10% more was far more effective than getting the 5th quintile to listen more often. And you're motivating 20% of your audience who listen much longer than any of the other 4 segments, so a 10% improvement of those most brand loyal is worth much more than a 10% improvement in those audiences who are not as dedicated.

It's helpful to analyze you website's audience in a similar way.  Visitors who have bought something from you are more likely to buy from you again than those who have not received products or services.  Consider them your first quintile audience and look for ways to maintain relationships that lead to a followup sale.  That could be links to non-public pages with special offers or premium content.  That also includes websites where "Thankyou for your order" pages also promote an  up sell or cross sell.  If you know what motivated them to do business with you in the first place, it'll be easier to figure out how to 'rinse and repeat.'

Your second quintile audience are those who you've had some interaction with, but not necessarily a sale.  They filled out a form or survey, requested information, attended a teleseminar, signed up for a newsletter, etc.  You know something about their interests and what they've been exposed to.  More importantly, you know SOMETHING about who they are by the contact information they've given.  Use that information to follow up.  Give them an update.  Make them feel like you care.

Web Asylum has a customer that markets industrial products all over the world.  They offer dozens of whitepapers about the market and the products they offer.  We built an application where the sales manager can view what whitepapers have been downloaded by date and where their prospect is in the world and assigns the lead to the appropriate company rep or dealer.

Quintile analysis can be even more effective when you incorporate website analytics!

I'm not saying that 20% of your visitors are all buyers or that 20% would all fit a common description.  But to evaluate your prospects by previous behavior or brand attributes will give you a unique perspective that can be leveraged successfully.

And that will increase your website ROI.

– Kurt