Tuesday, October 4, 2011

Prospecting through social media

Social Media is Relational NOT Transactional

In creating a set of business objectives, we tend to look at number of contacts needed to create one appointment or one revenue share. Though textbook planning, this doesn’t necessarily lend itself to the essence of social media: creating a network of people who share about themselves.

Looking then at the goal of Facebook, Twitter and other social media sites, I am enthused by the potential of online relationship building. Wow, social media creates the perfect platform for personal branding!

Often people question which social media platform yields the greatest results? The answer varies greatly depending on the preference of the media user. Though many people believe Twitter, for example, is more B2B focused, it provides ready opportunity to build hyper-local market interest. Facebook, on the other hand, is commonly considered a business to consumer media source. Neither social media platforms, however, will produce prospecting results unless they are worked consistently to deliver relevant market contact.

Easy steps in making money with social media:

Choose your favorite platform. If you like Twitter, use it. If Facebook is your favorite social media platform then become a Facebook professional. Learn your social media platform’s tools and posting methods.

Identify your content strategy by understand your target market. This could be a geographic group like in the old neighborhood farm days or it could be an interest group like model railroaders.

Research and “friend” or “follow” your target market.

Identify daily tasks. These are 4 to 5 daily posts of information that are of interest to your market group.

Manage the delivery of the information through a realtime drip marketing program. Just like neighborhood farming, you can’t send out a year’s worth of postcards in one day. Sites like www.hootsuite.com, www.tweetdeck.com, and http://www.socialoomph.com deliver scheduled posting opportunities. Most blogging platforms like Wordpress and Blogspot do as well.

Keep posting! Growing a group of faithful followers who know, like, trust you takes time. Success is dependent on consistent longevity.

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