Is Social Media Worth Your Time?


Every one – from politicians, businesses, musicians, celebrities and many other groups of people – uses social media such as Facebook, Twitter, LinkedIn or other social networking outlets to spread their message, build their businesses and connect with others.

Do they know something we don’t?

Networking, whether online or offline, is a great use of time when done properly. As with anywhere you spend your time, knowing why you are doing it, how you will measure success and having a plan is the best approach.

With that said, I jumped in with both feet last year with the guidance of a social media expert, and I have found clients, joint venture partners, speaking engagements and other great connections through various social media outlets. I am a member of more social media outlets than I can count, but I currently focus on Facebook, LinkedIn and Twitter. While I am not an expert in social media, here are five reasons to take some time to learn the benefits of social media.

1. There Is No Direct Cost
There is no direct cost unless you opt for an upgrade, if one is offered. I haven’t paid for an upgrade and have steadily increased my list to include over 1000 followers between just three social media outlets, and without much effort.

2. Build Your Business by Connecting With Peers
Are you interested in finding joint ventures, affiliates, guest experts or other peers you can bounce ideas off of? In the last few weeks alone, I have located one large joint venture partner and have had several other partnership opportunities cross my desk. Business owners just like you are using social media to connect with others who are interested in using your articles, hosting you as a guest expert on teleseminars, webinars and live events, and even creating projects together!

3. Build Your Business by Following Reporters You Are Targeting
Would an article written by a certain reporter make your year? Follow them on Twitter or Facebook and see what is of interest to them and what they are writing about. You don’t know what golden nugget you’ll find by following them online that may open the door at the right time. Follow them and invite them to follow you as well! Or with LinkedIn you can find out how many degrees you are from them. You may surprise yourself by being only one or two degrees away from your target!

4. Showcase Your Expertise, Build Your Platform and Attract New Clients
Social media is an interesting animal. While many people use it to grow their businesses, you must be mindful about outright promotions. Generally speaking, heavy marketing of your products and services on these sites is a big no-no. Here’s how I do it. I’ll post something like this: “Just got off the phone with social networking guru Nancy Marmolejo. Now I’m off to finish writing my sales page for the Business Breakthrough Series.” People who are intrigued will check you out and may end up deciding to follow you and … bingo! They have just entered your world!

5. Reach Large Audiences
The world is your oyster in social media. There are only a few businesses that are truly limited by geographic boundaries, especially if you are in the information marketing business. Being active on social networking sites eliminates geographic boundaries and allows you to reach a vast number of people from all over the world. If you have products and services that can be purchased by anyone in the world, being active in social media is an absolute must for you. I recently held a teleseminar with people from over 10 countries in attendance, all from the comfort of my home office! And my sweat pants!

So, is social media worth the time? It depends. Social media is absolutely the wave of the future, and you will need to know something about it at some point. However, whether you work it into your plan for 2009 depends on your goals. If you have a goal of increasing your reach to prospects either locally or internationally, you can do that quite effectively through social media. However, if you can cannot and will not commit to learning how to “tweet” on Twitter or communicate on Facebook or use your connections on LinkedIn, it will not be worth your time.

My advice to clients when they are just starting out is to select one social media outlet, whether it’s Facebook, LinkedIn or Twitter, and master it before jumping into every outlet possible. You obviously need to schedule time for connecting, so select the social networking outlets that will benefit you the most.

Now that I am experiencing the financial results of my online efforts, I understand why this is such a great use of my time and I’m hooked!

 
About The Author
Meredith Liepelt, President of Rich Life Marketing, offers a free report called “101 Ways to Attract Ideal Clients, Build Your List and Raise Your Profile,” which can be downloaded immediately at www.RichLifeMarketing.com.

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Simple Twitter Tips that Attract Clients and Partners


According to Mashable.com, a leading authority on social media, there are currently over 12 million users on Twitter. Another resource called istrategylabs.com reports that 46% of Twitter users are college grads, and another 17% have post graduate degrees. Furthermore, 47% are between age 18 and 34, and another 31% are between 35 and 49. Males and females are evenly ranked, with women accounting for 53% of users and men 47%. If your target market falls within these demographics, actively participating on Twitter is probably worth your while.

Twitter is simply a micro blogging service. What does that mean? It means that you write short updates (140 characters maximum) called “tweets” and send them out to your followers. And it is a marketer’s dream come true – it’s an easy way to stay in front of your target market and showcase your authority for free.

The myth around Twitter is that Twitter users (called tweeple or tweeps) tweet about useless information such as what kind of coffee they had with breakfast. Yes, some of that exists and it is actually important as you’ll see below, but once you understand the power of connecting on Twitter, you may become a Twitter convert, just like me.

So, if you’re on Twitter or considering starting, the question becomes, “what do I tweet about that will make this a useful tool for me?” Here are some categories you can consider for your tweets. There are others but these will get you started:

Industry Tips

This is a big one. You are on Twitter to showcase your expertise, so industry tips act as your credibility builders. Here’s how to do it: Create a list of high value tips (remember – no more than 140 characters long) and send one or two out every day. If you don’t want to have to manually do this yourself every day, consider a free tool called TweetLater.com to set up your tweets in advance. If your tweets are really good, others will send them out to their lists as well. This is called a “re-tweet,” and it’s a super way to quickly build your list of targeted followers.

Here is one of Meredith’s recent tweets that had a great response:
Connect Others: Be willing to connect others even if it has nothing to do with your business. What goes around, comes around.

About Your Business

Use this category sparingly. In other words, if you use Twitter as a place to advertise your products and services too much, people will stop following you. This is not what Twitter is about. It is really about raising awareness of you and your business and impacting others. Use the 80/20 rule here. For every eight tweets about things other than your business, you can post two things about your business.

Here is an example:
Hey Columbus: I’ll be on Fox tomorrow at 7:45 where you can see me interviewed about my new book, Flourish!

Re-Tweets

When someone re-tweets you, they are giving you the highest compliment you can get on Twitter! It means that the person who re-tweeted you thinks that what you said is worth sharing with their own list of followers. This is like having someone ask you to a meeting so they can introduce you their entire list of contacts. When you get a re-tweet, send them a short tweet thanking them! Re-tweet others who are tweeting things that you agree with or want your followers to read.

If you are not familiar with Twitter, the example below probably won’t make a lot of sense because of all of the abbreviations, but they are necessary given that you only have 140 characters. Abbreviations are outside the scope of this article, but just know that it’s really not as scary as it looks!

RT @getgreatcopy: New blog post: The Sixth Habit of Highly Effective Communicators http://bit.ly/ 175XGS Gr8 stuff Jan, as usual.

Quotes

Tweeps seem to love quotes. If you are also a fan of quotes, compile a list and send one or two out every day. Again, you can use TweetLater.com to set these up in advance so you don’t have to manually enter them every day. Simply set up these tweets for a month and then watch your re-tweets happen!

Here’s an example of one that Meredith recently posted:
“The pursuit of pleasure must be the goal of every rational person.” Voltaire

Invitations

Invite tweeps to your free events. No-cost events like teleseminars are great to tweet about because people love to share high-value, low-cost information with their lists. When you provide something without a cost – a workshop, teleseminar or report, your tweets about it are likely to get re-tweeted, which provides you with greater exposure to your target market.

Here’s an example of one of my recent posts:
How 2 write your book in a weekend – free telesemimar w/ @donnakozik. http://bit.ly/127GtU

Personal

Include some personal things that are going on with your life. What you choose to include is entirely up to you; however, be sure to be relatable. You don’t have to share your deepest inner thoughts or too much detail about your family, but sharing something about what you did over the weekend makes you more relatatable. Remember, Twitter is about connecting with people. Other people on Twitter want to connect with people – not stale businesses. People often connect on a personal level over food, pets or hobbies. This is why these seemingly unimportant tweets are actually very fruitful. These are pretty safe personal topics. General things about kids are another hot topic under this category. Just be aware that anything you say is out there for the world to read.

Here’s an example Meredith tweeted recently:
Interesting pop culture moment: Told a story to my sister, who lives in Vietnam & realized she doesn’t know who Sara Jessica Parker is!

As you can see, Twitter is simply an online forum for connecting with others in 140 characters or less. Big and small brands are using Twitter to connect and impact their target markets and locate joint ventures. Can you, too?

About The Author
Meredith Liepelt, President of Rich Life Marketing, offers a free report called “101 Ways to Attract Ideal Clients, Build Your List and Raise Your Profile,” which can be downloaded immediately at www.RichLifeMarketing.com.

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