Social Media Update

What a year it’s been for Social Media. The nature of Social Media is that it’s changing very quickly – actually day to day. Even if you work in Social Media it’s difficult to stay up with all the changes that are happening. Let’s take a look at some of the things happening on “The Big Three”, commonly referred to as LinkedIn, Facebook and Twitter as we approach the end of 2010. LinkedIn LinkedIn has really been upping their game lately. There are now over 85,000,000 people with LinkedIn profiles worldwide. The average LinkedIn user is 41 years old and earns $107,000 a year. This is THE Social Networking site for professionals. Recently, LinkedIn has turned on some new bells and whistles on a number of places on the site. On the Company Pages, you now have the ability to add marketing materials, descriptions of products and services and client …

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Everything is a “Tell”

Some rights reserved by I Feel Toast Being originally from Jersey, I have some Jerseyisms in my speech that will probably never go away.  One of those Jerseyisms is the word “tell.”  This is also a Vegas expression.  There are few things I enjoy more than watching and listening to people.  When I speak in Vegas, I love spending time in the casinos.  I don’t spend money in the casinos but I do spend time there. You’ll often see people at the gambling tables wearing dark sunglasses and hats.  They’re not doing this because they’re trying to be fashion icons.  They’re doing this to hide their “tells.”  Tells are things that give us away.  They’re clues.  And we’re giving them away all the time.  Women tend to pick up on tells quicker than men.  Not trying to be sexist here, but let’s face it…women just tend to see things coming …

Don’t Forget the Social in Social Media

Social Media is sweeping around the world extremely quickly.  You can't go anywhere without hearing about Facebook or seeing a LinkedIn, Facebook, YouTube or Twitter logo on something.  It's an amazing time to be alive.  Our kids who are growing up with this don't know any different.  This is just the way it is.  And it's not going away.   Some people are using Social Media in stealth mode, meaning they're observing and not engaging in online conversations.  Actually, stealth mode is a very powerful tool in your bag when you're keeping tabs on your competition and watching what people are talking about.  This information can be very valuable to you if you're thinking about launching a business or introducing a new product or service.    But don't forget the social in Social Media.  Many people are hiding behind their computers.  I've heard it said that this is a very lonely …

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A Very Effective Appreciation Marketing Strategy

In this fast paced Web 3.0 world, there are some time proven strategies that are even easier to implement  now than they were back when an eight-track player was state of the art technology.  People who take the time to learn about their prospects, clients, referral sources and networking partners win over the people who don’t.  Only every time. For years I’ve been telling my audiences to learn about The Mackay 66.  Harvey Mackay is the owner of an envelope company and he’s always taught his salespeople to use what he calls “The Mackay 66”.  It’s a simple questionnaire that you populate over time as you learn more about your prospects and clients.  Everything from where they went to school to what status symbols are in their office to their favorite drink.  Here’s a downloadable PDF of The Mackay 66: http://www.harveymackay.com/pdfs/mackay66.pdf Gathering this information is doing your due diligence.  You …

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How to Make People Feel Appreciated on 10 Minutes A Day

People who succeed know that “all things being equal, people do business with and refer business to people they know, like, and trust.”  So how do we grow our “Know, Like, Trust Factor” or what I call our “Like-Ability”?  One way to do this is to compliment people.  And to do it sincerely. For most people, the only recognition they receive is when they screw something up.  And ironically, most of the time they already know they screwed it up and don’t appreciate other people reminding them.  Any mediocre manager can point out what people have done wrong.  As Dale Carnegie said,”Any fool can criticize, condemn and complain.  And most fools do.”  There’s a huge difference between a manager and a leader but we’ll save that for another post. In order to make people feel appreciated….ready….wait for it….appreciate them.  Rocket science, huh?  I’m not smart enough to learn Harvard Business …

Technology Skills AND People Skills in Social Media

Successfully using Social Media to grow your business, identify clients and business partners and many other business outcomes relies less on being a computer geek and more on effective people skills.  Is it just me or does it seem that everybody and his brother is a so-called “Social Media Expert”?  I find that it’s kind of like being a lady- if you have to tell people that you are, maybe you’re not.  I recently heard a very highly respected Social Media authority (based on credibility and not self-professed) say “those who call themselves gurus only do so because they can’t spell charlatan”.  I got a chuckle out of that.  Just because someone knows all the bells and whistles regarding Social Media, that in no way indicates that they are someone who knows how to build and sustain relationships.  The tools of Social Media are sites, applications, and other computer stuff.  …

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It’s All About Relationships, Sweetie!

Here’s the paradox: many people still think that Social Media is about technology.  No, it’s all about relationships, sweetie. The “sweetie” comes from the kiss acronym, “keep it simple sweetie”.  Way before anyone ever invented a computer, people looked each other in the eye and build relationships.  If all the power in the grid went out tomorrow and no one could get online, people would still look each other in the eye and build relationships. As my friend, Bob Burg, says, “All things being equal, people do business with and refer business to people they like, know and trust”.  This is no different whether online or offline.  One of the great outcomes of the effective use of Social Media is that it increases the “like, know, trust factor” before you even have your first personal interaction with another person.  This is a wonderful way to differentiate yourself in the marketplace …

What is Social Media, Really?

Social Media is the fastest growing phenomenon to hit personal relationships and the business world since the rise of the internet.  There are many definitions regarding SM, and the one that I prefer is “Social Media is the use of technology combined with social interaction to create or co-create value.”  In a way, the definition doesn’t really matter nearly as much as the application and changing role of building and sustaining relationships and marketing in a social media world.  Social Media is many things and one of the most effective uses of SM is as a company suggestion box.  Good, bad or indifferent, people are talking about companies and more and more companies are using SM tools to tap into the conversations.  Failure to listen will only be taken as evidence that the company doesn’t care.  Customers now have the ability to respond to messages and to discuss their opinions …