
You may be aware that we regularly discuss the importance of social media for a business, providing you with insights into the latest social media trends and top tips about how to engage effectively with your consumers within the variety of social media platforms available.
From our experience of working with SMEs, the same questions pop up time and time again, ‘How can social media fit with my industry’? ‘How is social media going to generate sales for my business?’
Not all social media sites are relevant for every business, for example, product based B2C businesses are more likely to engage with consumers on platforms, such as Facebook and Pinterest, where a business can take advantage of the visual functions available. If you want to communicate to a B2B audience and business professionals, then LinkedIn with its 150 million members is a good place to start.
LinkedIn enables members and businesses to create profiles, connect with like-minded individuals, share blogs and news items. However, more and more businesses are now discovering the hidden powers of LinkedIn, not only as a social networking site, but also as a platform that can be the foundation for marketing campaigns and a vital component in a company's lead generation efforts.
So how can your business use LinkedIn for lead generation? Think of LinkedIn as a treasure trove with over 150 million contacts that can be used to support your business activities. LinkedIn is rich with information you can use to help qualify prospects, target businesses and research competitors.
Below are some examples of how your business can use LinkedIn effectively:
A great example of a business getting to grips with the power of LinkedIn is Cathay Pacific. Cathay Pacific Airways is an international airline based in Hong Kong, offering scheduled cargo and passenger services to over 140 destinations around the world. Cathay Pacific faced the same challenges that most businesses face, how to crawl through the jungle that is an overcrowded marketplace and reach their target audience with a message that is compelling. In order to achieve this, Cathay Pacific turned to LinkedIn to help target people who would fly business class between the United States and Asia. The aim was to identify members who belong to LinkedIn groups related to business travel in Asia, such as Global Workers, China Networking Group and Hong Kong Connection, in order to engage with time-strapped business travellers in an environment where they were already comfortable, engaged and spending time.
Cathay Pacific established a company page in LinkedIn and started to engage with the groups and individual members, providing regular status updates. As well as increasing the brand awareness, Cathay Pacific’s LinkedIn activity generated a total of 1,324 responses from business travellers, produced 97 LinkedIn page recommendations and increased the clickthrough rate on to their main website.
With the ever increasing array of social networking sites available to businesses, large and small, and the constantly evolving digital world, a business must establish the platforms that offer their business most value. Social media is free but your time is not. You need to use it wisely. We believe that increasingly, if you operate in the B2B sphere, LinkedIn represents an effective investment of your time. It is now so much more than just an online CV; it unlocks the doors to millions of opportunities for your business.
You may be aware that earlier this week the BBC launched their ‘Share Take Care’ campaign, encouraging everybody to actively protect their online activity. As a society, we are concerned about the photographs, status updates and information we share with fellow family members, co-workers and friends, taking time to monitor our own security settings. However, how many of us apply the same effort and methods to protecting our business accounts online?
Social media presents businesses with many opportunities, including customer support and the ability to communicate quickly with customers and suppliers. The communications giant NETGEAR recently commissioned a piece of research looking at how important social media has become for businesses. NETGEAR asked 300 small business owners and IT managers how they were using social media in their company. Nearly half of those polled said they were using social media to stay in touch with their customers and nearly 60% said they were using social networking for internal communications. But only 29% said that had made moves to educate their staff about the risks social media may present to their business and what they should be doing to monitor their brand awareness online.
The reputational risks of social media can easily equal or exceed the reputational benefits. The reason is simple; the vast reach of social media platforms enable brands to communicate every second, globally, providing both opportunities and risks. You may remember last year, TLC Business highlighted key areas to help protect your business online. We thought now would be the prime time to inform you again of the simply steps you can perform, in order to secure your business and its reputation on social networking sites.
Educating employees:
The developments in social media are here to stay, so empower your employees with best practices and guidelines.
Monitoring conversation online:
Here at TLC Business we recommend Google Alerts as a vital tool to monitor what is being said about your brand. Google Alerts is about understanding what type of information is out there that’s tied to your name, and most importantly your business.
Google Alerts are email updates that are sent to you for whatever keyword or phrase you decide to set the alert. As soon as your name is mentioned anywhere on the Internet, you are sent an alert immediately.
There are other tools out there that do a similar thing but be aware that the results are not definitive, the web is a massive place.
There are only 5 pieces of information that you need to provide to start using Google Alerts:
One of the latest social media activities to come under fire is a campaign ran by McDonalds. The fast food chain started a campaign on Twitter promoting #MeetTheFarmers, to show how good McDonalds is, but suddenly they changed gears to #McDstories; which unfortunately backfired when people shared their horrifying stories. See below for some of the tweets circulated worldwide:
Like any business feature or marketing activity, creating and communicating a clear plan is crucial to avoid mistakes. If you are worried how your brand is going to be perceived online, spend time evaluating the right message you want to send out to your target market, what information they will find useful and more importantly what messages can be monitored and dealt with by your team.