Building A Social Media Plan

Here's a really good article from Social Media Examiner on building a social media plan. It contains a lot of good commonsense advice and steps that every small business can take.

Just a couple of things that I would like to amplify (and I would feel a little guilty or lazy if I just blogged a link; it seems like an unbloggerly thing to do). One of the best points this article makes is about committing the effort to social media and I find that many clients are ill-prepared to do just that. Too many businesses don't post enough or when they do, it's self-promotional material that doesn't engage the audience. Contests and exclusive expert information go a lot further to building a following than doings at the business or "hi, we're really excited to be us."

Businesses also don't realize that this is a long-haul effort with results that are likely to be incremental and supplemental rather than monumental. This is sometimes an outgrowth of misguided expectations as social media proponents and the media have been pounding this for so long as the next big thing that people almost jump in as a reflex reaction. However, just because you won't get huge results doesn't mean it isn't worth doing, it just means that social should be one component of an overhaul marketing plan, with the amount of resources you put against it (including sweat equity) in line with the potential return on investment. (Another related point that the article also makes: pick your spots, find the social channel that makes the most sense for you to be in based on your customer profile. Trying to be in all the social spaces or to make a splash in the biggest of them may not be the best place to focus your efforts).

In any case, enjoy the article and by the way, helping you build and execute a social media plan is part of what I do, in conjunction with an overall marketing plan that includes things like advertising, promotions and even direct mail. But more on that in another post.

Upon Further Review of Google+ Local

In an earlier post I expressed excitement about Google's transition of Google Places to Google+ Local and opined that it would give businesses owners more room and flexibility to enhance their Places listing. For the present time, this does not appear to be the case and in fact the opposite might be true:

• For the time-being businesses still need to manage their listing through the existing Places interface
• Among other things, this means that you're still subject to the Places character limit in describing your business and that paragraph is all that appears in the Google+ Local About page
• Other sections populated in Google Places, such as the Additional Information sections, don't appear to carry over at all, at least right now
• Many businesses report that they've been having trouble getting their photos to show up in Google+ Local.

Still, there are some things business owners can do to make the transition easier and eventually realize  the full potential of Google+ Local:

• If you've already claimed and fully-optimized your Google Places listing, it's probably best not to make any further additions or changes right now until the smoke clears
• If you already have a Google+ Business Page (the equivalent of a Facebook Business Page or what used to be called a Facebook Fan Page) it's best that the Places and Google+ Business page both be under the same Google account email
• Even if you don't have a Google+ Business Page, it will probably be helpful to open a Google+ personal account under the same email you use to access your Google Places account.

These blog posts from Search Engine Journal and Poobah Marketing contain additional information and tips and the latter includes a video from Google that has some helpful tidbits, if you can get past the annoyingly sunny disposition of the two Googlers delivering it. 

What's Really Behind the Facebook Disappointment

At market's close today, Facebook's stock price stood at $30.97, significantly below the IPO price of $38. Talk continues to swirl around pending or potential shareholder lawsuits and even if the Facebook brass did not reveal to the general public what it did to private investors, trading at 100 times earnings should have had everybody's eyes wide open, or at least anyone old enough to remember the last dot com bubble.

What's really underlying the disappointment in Facebook I think, is a growing disillusionment with Facebook as an advertising and marketing vehicle -- a disillusionment that is at least partly the outgrowth of unreasonable expectations.  The dynamics of interactions on Facebook make it less than marketing or advertising friendly and recent Facebook format changes like the timeline make it even less so.

Based on my direct experience and other available data, display advertising on Facebook performs at par or at times below other properties on the Web, which is to say not all that well at all. The only truly consistent performer in online advertising, at least on a click-through-rate basis, is search advertising and as any search advertiser knows there's a big difference in performance on Google for ads based on search and ads displayed on Google's content network.

Now many Web properties, including Yahoo and AOL, have tried to compile the information they have on their users and combine it with their Web behavior to lift banner ad results, as in Yahoo's short-lived SmartAds program of a few years back. This has had limited effect and so far Facebook has refrained from using people's profile information (beyond location) to trigger ads, relying mostly on friend associations and Likes.

And then there's the social marketing aspect of it or as some would have it, the holy grail. All those millions of people are on Facebook, we should be able to sell them stuff right? As I used to say to my clients, constantly pitching what you have on Facebook is like going to a party on Saturday night and spending the entire evening talking about what you do and handing out your business card. You're unlikely to make many friends. The social space is great for starting conversations with clients and prospects, establishing relationships and getting direct and indirect endorsements via Likes. But it will never be a primary marketing driver and give you "free" results, any more than PR can replace paid efforts with "free" advertising.

What should be your primary marketing drivers then? A judicious mix (driven by your business goals) of on and off-line advertising, search, direct marketing, promotion, PR and yes, social. More on each of those in future posts.