Marketers are still asking the wrong questions about social media



The marketing industry remains obsessed by social media but the problem is that everyone keeps asking the wrong questions.

I spent a bit of time at Social Media Week a couple of weeks ago, appearing on a couple of panels and listening in to others. The week was the best yet and the debate was as vigorous as it always is at a social media gathering, with an engaged and engaging group of very smart people. One thing that struck me though was how, wherever you go in social media circles, the conversation really hadn’t moved on that far from what you would have heard at similar events a year or even two years ago.

This is not in any way to demean such debate; social media remains, despite the continuing media obsession with its fluffier elements, one of the most disruptive digital forces we have ever seen. Despite the wealth of amazing case studies of brands using social media to incredible effect you can read daily here at The Drum and encounter across the industry, most brands are still struggling to understand how best to employ it.

So, it’s unsurprising there’s a desire for healthy debate and desire for knowledge. Ask anyone that runs a marketing publication and they’ll tell you the term ‘social media’ in a headline works on readers like crack cocaine.

What’s interesting though is that debate, across the press and at events, still centres on issues of control and the rules of engagement: how brands can best use this new media to actively engage with consumers, how they can create communities, how to feed these communities, who in a company should ‘own’ such social media engagement, what new platforms and technologies should be used. And why, oh why clients are so reluctant to ditch decades-old control of intransigent brand control.

The discussion is too often about what brands and their agencies can do to ‘use’ social media to change their relations with consumers. Seldom is it about what brands have to do to change their actual businesses to get fit for this new world.

Stanford lecturer and Harvard Business Review writer Nilofer Merchant brought out a fascinating new book last month on the need for businesses to reinvent themselves for the social age. The inability of organisations to truly adopt social media can be simply summed up, she says: “They see social as the purview of two functions: marketing and service but social is not always attached to the word media. Social can be and is more than marketing or communications-related work.”

This view was perhaps put into neater real world context by Scott Monty, global head of social media at Ford, at the Salesforce.com Dreamforce conference a couple of weeks ago. Despite being widely recognised as a leader in social media he said. “Ford doesn’t have a standalone social media strategy…..we have a business strategy supported by social media,” he went on.

He discussed how social media for Ford was no longer about campaigns; it was now about how it helped it operate as a social enterprise,

All this seems to me the biggest prize. The ability of the marketing industry to help brands re-engineer their business to become social by default. To get more people talking like Scott Monty.

Maybe this means the questions everyone should be asking are not about how brands can change their communications strategies for social media but what they need to do to change themselves first.

6 Free Tools That Will Improve Your Social Media Marketing


Social Media Marketing Toolbox


Social Media Marketing ToolboxThere can be little doubt of the growing importance of social media to the marketing efforts of many businesses, particularly small and medium businesses, who with a little effort and diligence can use it to reach more prospects and grow their business. Even Google considers social signals when ranking a company’s website in search returns.


The good news is that more small and medium business are adopting social media marketing to increase their reach and attract relevant prospects they just could not reach in the past. As good as those numbers are, that still leaves a sizable number of businesses that are not using social media to support their marketing efforts.

Experience tells us there are usually two hurdles that prevent greater use of social media marketing: time and cost.

Time is always a tough challenge. There are plenty of things to do when it comes to running a small business, and the idea of adding another responsibility is a pretty tough sell. What we do know, though, is that as little as 6 hours a week can result in increased sales. Over the course of the workweek, that’s just more than an hour a day. We’ve come up with a 30-minute plan that can help you manage that time so you still have time to manage your business.

When it comes to cost, one of the great things about social media is that you can get most of the tools you want for free. Yes, you can buy some great integrated social media management tools, and they are great. But many of the best tools are free.

We’ve written about some of our favorites before – HootSuite, Buffer, Social Bro – great tools that can get you going at no-cost other than the time it takes to learn them. Always on the lookout for more great free resources, here are some of our latest finds:

1.TweetReach – Want to know whose reading your tweets or how often they are being shared? 
TweetReach gives you a simple analytics tool that helps you capture this information. You can search on keywords, URLs, Tweet text or Twitter handle to see the reach of your efforts.

Free Social Media Marketing Tools From Weidert Group 

2.Twitalyzer – Another tool for measuring Twitter effectiveness. There are paid versions of this service that provide a lot of details, but you can use three of the most popular reports they offer for free just by connecting your Twitter account.

Free Social Media Marketing Tools from Weidert Group
     
3.Facebook Insights – If you already have a Facebook page, you already have access to this dashboard, which gives you some great data for tracking growth and impact. Use the Insights to better understand your followers and reach the right audience.
     
4.HowSociable – Measure your brand’s impact online with this tool that provides you with a magnitude score. The score analyzes your level of activity online so that you can determine whether you have enough of a presence. The free version will analyze your presence across 6 social media networks. The paid version will unlock additional networks should you desire it.

Free Social Media Tools Weidert Group

5.Google Analytics Social Reports – If you are using Google Analytics, you have Social Reports, which helps measure how social traffic is directly impacting your conversions. Using an overview of your social networks, this tool allows you to visualize your social traffic so that you know where your time is best spent in the social world.
     
6.Topsy – This is a real-time social search engine. Sort through the latest social activity related to your industry, brand, or community and apply that knowledge to future business decisions. We discovered this one while doing a long-term social media monitoring project for a client. We provided Topsy the link we wanted monitored and asked for a regular e-mail update. It was that simple.

There are a lot more of these tools out there. While they might not be as slick as some of the social media suites with integrated dashboards that you can purchase, the price is right and most are very easy to use. If cost is an issue, these are great alternatives.

In the end, regardless of your toolbox, the important thing is to make the most of your limited social media time and resources so you can reach relevant prospects.

Linked-In - Free Tips


5 Ways to Improve Your LinkedIn Profile


LinkedIn is a great way to market yourself as a professional. It's not much use for a business as a whole, but if you're a freelancer, contractor or independent consultant it's one of the most important digital business cards you can have, and you neglect it at your peril. Despite being around for a while, I'm amazed at how some people just fail at using their LinkedIn profiles to sell themselves.

Before I make a list, there's just one thing I want to say about LinkedIn - it is not Facebook. That means that Facebook rules and customs do not apply. You want to be connected to everyone you've ever met, and everyone they've ever met - because you never know when one of those connections will turn into a business opportunity.

1. Your profile picture

As I just said, this is not Facebook. Don't have a picture of you in your bikini, or chugging beer with your bros. Get a professional picture taken, or use a good one of you in a suit. A suit, you hear me? Don't ask questions, just do it. The more professional you look, the more seriously people will take you. And don't forget to smile - it's not a passport photo.

2. Think hard about your professional headline

Your LinkedIn profile allows you to add a "professional headline". This isn't a Facebook status to be changed every day, or a place for you to be funny. It needs to be 10 or fewer words describing what you do, and it needs to be as specific as possible. A good example is "Online Marketing and SEO Consultant for the medical equipment sector." A bad example is "I'm an online marketer, casual baseball player and a follower of Jesus Christ our Lord and Saviour amen". You get the idea.

3. Spend time organising your portfolio

Whether or not you work online, you can usually find something to add to your portfolio on LinkedIn. It takes a little bit of fiddling to get the hang of it, but it is well worth devoting time to. Get rid of the default descriptions like "my website" and put something interesting in there that tells recruiters and businesses what the website/project is, and what your involvement in it was.

4. Create a vanity URL

Vanity URLs are something that Facebook introduced a few years ago, and LinkedIn followed suit. It changes the URL of your profile from "LinkedIn.com/23u409832ur0u" (for example) to LinkedIn.com/JoeBloggsConsulting. If you can't get your name, then get something close to it. Don't use a nickname like "Jojo99" - it's not MSN messenger.

5. Write a good summary, and don't forget SEO

You have the opportunity to write a 2,000 word summary. You don't have to use up the word count (and nobody will read the whole thing if you do) but spend a good hour or so drafting a good page of writing here. Focus on keywords that are good for how you're trying to market yourself (use the Google AdWords Keyword Selector Tool for ideas). Divide it into sections with sub-headings if it helps, but for the love of Batman use paragraphs!


Article Source: http://EzineArticles.com/?expert=Eddie_Yu

Anthony Robbins - Business Mastery #1 Skill Your Business Needs to Survive

3 Ways to Test for Website Optimization



Successful internet marketers attribute their success to their ability to monitor their website components and make adjustments appropriately. While internet marketers research what works and what doesn’t and build their websites accordingly, they understand the need to split test, tweak and retest every component in order to increase their conversions.

There are tips to follow:

1. A/B Split Testing – Have you ever wondered how to split test a web page in order to convert visitors into buyers? You can use the split test to test your call-to-action (what you want the customer to do), your product’s price, or any other component used to convert visitors into buying customers. For example, you are unsure what price point to charge for your product. You set up two identical landing pages, one with a price of $17.00 for your product while the second one offers the same product for $27.00. After carefully monitoring and analyzing the number of sales for each landing page, you can determine which price point is more effective.

Split testing, or website optimization, is not limited to testing items found on websites or web pages. Serious internet marketers split test in other areas as well:

a)      Images used in paid advertising to determine if text, an image of an object or a person outperforms other images

b)      Attachments (PDF files) that are offered for free or a minimal fee in exchange for opt-in contact information

c)      Sales letters in both long and short versions. While many experts agree the long sales copy out performs its shorter version, many visitors don’t have time to read through page after page of content to get to the bottom line. Also video sales letters are gaining popularity which may eventually make the text sales letter an obsolete relic.

2. Split Testing for Site Conversion – As mentioned in a previous article, you need to be clear on the objective for your website’s landing page.  Is the page meant to generate new leads? Or is the page meant to convert sales? Following the same model as stated above, you should begin with two landing pages whose components are identical with the exception of one piece that is different – the piece that gets visitors to convert into buying customers.  Then you can track their page conversion.

3. Google Website Optimizer – In June 2012 Google retired their Google Optimizer as a standalone product and replaced it with Content Experiments in Google Analytics. Content Experiments lets you experiment with up to six versions of a page in your website. The experiment is tied to your goals in Google Analytics allowing you to customize what results you want to improve and options for how to make those improvements.  Google Analytics, on the other hand, offers many features as well and can provide you with results on which keywords visitors are clicking on or how much time visitors are spending on each page.

By taking the time to plan, map and monitor your web pages in advance, you will be able to track results and make appropriate changes quickly and efficiently. Internet marketers no longer have to second guess what features attract or convert visitors – Google has the tools to help them succeed.

Anthony Robbins



Anthony Robbins to Hold His First-ever Spanish-Translated Event in U.S.: Unleash The Power Within® is Coming to Orlando

World-renowned speaker, author and peak performance strategist Anthony Robbins is doing something he’s never done before: His cornerstone event, Unleash The Power Within® (UPW), set for Nov. 1-4, 2012 in Orlando, will be the first-ever Spanish-translated UPW held in the United States.

Orlando, FL (PRWEB) September 26, 2012
World-renowned speaker, author and peak performance strategist Anthony Robbins is doing something he’s never done before: His cornerstone event, Unleash The Power Within® (UPW), set for Nov. 1-4, 2012 in Orlando, will be the first-ever Spanish-translated UPW held in the United States.

For Spanish speakers, this UPW is an unprecedented opportunity to create their own breakthroughs, faster and easier, with help from the world’s leading catalyst for change. Here’s how some attendees describe UPW:

“Unleash the Power Within was one of the most amazing experiences of my life. In just a few days of immersion both my husband and I let go of so much that was holding us back and became congruent with who we really are and really want to be, those were four of the best days of our entire lives. Tony Robbins changed us forever and there is no feeling quite like it.”


-- Stacey Martino

“I was completely ‘over’... overwhelmed and overweight. I needed to take control of my life: finances, time management, stress level and my health. I have lost 20 pounds and have set up a schedule of quality time for my family. I have been so productive at work that I got a promotion, almost all of the people I come in contact with have noticed the change in me.“


-- Patricia Garcia

“I'm creating my own destiny instead of life creating it for me. I'm in control of my actions, thoughts and emotions.”


-- Alex Echavarria

“He helped me focus on things I wasn't quite sure about. With his strategies I know I can be more focused and accomplish even more things.”


-- Rorian Gracie, Co-founder of the UFC

UPW is a uniquely powerful event that has transformed the lives of more than 4 million participants around the world. This will be the only UPW in Florida this year, and for a limited time there are two special offers available:


        Buy-one, get-one pricing tickets for Spanish speaking attendees to Unleash The Power Within® . Offer expires 10/17!

        Free on-site English-to-Spanish translation services for the first 150 requestors!

To take advantage of these offers or for more information about Unleash The Power Within® in Orlando Nov. 1-4, 2012, call 1-800-213-0658.

ABOUT ANTHONY ROBBINS:


Entrepreneur, Author & Peak Performance Strategist


For the past three decades, Anthony Robbins has served as an advisor to leaders around the world. A recognized authority on the psychology of leadership, negotiations, organizational turnaround, and peak performance, he has been honored consistently for his strategic intellect and humanitarian endeavors. His nonprofit Anthony Robbins Foundation feeds more than three million people in 56 countries every year through its international holiday "Basket Brigade." Robbins has directly impacted the lives of more than 50 million people from over 100 countries with his best-selling books, multimedia and health products, public speaking engagements and live events.

What began as a young person's desire to help individuals transform the quality of their lives has grown into Robbins' lifelong crusade as he is called on by leaders from every walk of life—presidents, political leaders, advocates for humanity, CEOs of multinational corporations, psychologists, peak performance athletes, world-class entertainers, teachers and parents.

Julie Graham

How To Make Money In Penny Stocks



One of the basic rules of buying stocks is to consider 'value'; not 'price'. But when the starting point itself is price, you are committing one of the fundamental investment mistakes.

First a WARNING...A STRICT WARNING -- I would sincerely advise you all against investing in penny stocks.


One of the basic rules of buying stocks is to consider ‘value’; not ‘price’. But when the starting point itself is price, you are committing one of the fundamental investment mistakes.

Unfortunately, however, the gambling instinct in humans is very strong. So despite knowing the risks involved and all sorts of warnings, people do get attracted to penny stocks. The lure of hitting a jackpot is simply irresistible.

So I decided to present five simple rules when investing in penny stocks.

If you choose to ignore my warning, kindly at least remember these rules. Going by the risk-reward ratio, the odds in penny stocks are heavily staked against the common investor. While these rules will not guarantee 100% success with penny stocks, they will at least improve your odds.

1. Invest only a nominal amount in penny stocks
It is psychologically comforting to buy a stock of say Company X priced at Rs.15/share, rather than Company A’s stock priced at say Rs.750/share.

Second, it sounds more logical and feasible to assume X doubling to Rs.30 than say for A to double to Rs.1500.

And third, with small amounts of money (say Rs.15,000) you can buy more shares of X (1000) than A (only 20). So even a Re.1 gain will give a profit of Rs.1000 in X and only Rs.20 in A.

Therefore, low-priced shares appear to be relatively easier way of making money.

However, don't forget that if it is easy to make 100% (or even more) profits in X, it is equally easy to even lose 100%. History shows that Rs.15 can easily become Rs.7.50 and you lose 50% of your investment in no time. But it will be difficult for A to fall to Rs.375. (Moreover, being a good business, A will bounce back, while X may never.)

Hence, do not invest more than 3-5% of your corpus in penny stocks. Anything above 5% is committing hara-kiri.

2. Extensive involvement
One noteworthy problem with penny stocks is the lack of information — especially reliable information.

In the absence of credible facts about the company, its management, operational numbers etc., it becomes difficult to make an informed judgement. In such a scenario, choosing a penny stock is like looking for needle in a haystack.

You have to really hunt for the stocks that are ‘truly’ undervalued. With lakhs of investors, thousands of brokers and hundreds of analysts — whose daily bread & butter come from the stock market — it is very difficult for good scrip to remain cheap for a long time. Only a seasoned day-to-day investor is in a position to detect such stocks before they are discovered by the market.

You may have to study 20-30 companies (maybe even more) before you find something promising. Do not make any compromises here.

3. History of the trading volume
Let’s say you are lucky and X does go to Rs.30. Congratulations! You are sitting on 100% profits. But beware — when you go to sell, you may not find any (or sufficient number of) buyers.

Penny stocks are normally illiquid. A large part of the share-holding is owned by the promoters who may readily be willing to be sellers. But when it comes to buyers, you won’t find many of them.

The fact that you tend to buy more quantity since the price is cheap (as we earlier saw 1000 shares of X) compounds the problem. Selling even 100 such shares is difficult; so selling large quantities is virtually impossible.

As such, it would be prudent to study the trading volume very closely for last 6 months to 1 year to check whether it is consistently high. Uneven spurts in volume could be signs of manipulation and not high liquidity.

4. Easy to manipulate / biased recommendations
Unlike big stocks, penny stocks are more prone to manipulation. And, given that most of us buy merely on word-of-mouth recommendations (our fancy for hot-tips), the job of unscrupulous dealers become quite simple.

Do not get carried away by hyped-up media reports through newspapers, television shows, newsletters etc. Don’t go by casual remarks in the train or in the office or at the parties. You must do your own research…thoroughly.

Think twice — no thrice — as to why someone is recommending you an unknown stock if he is so sure of the company. Isn’t he likely to beg, borrow or steal to invest in that company rather than recommend it to you?

Thousands of investors have been duped in the past. Do you wish to be the next victim?

Do not — I repeat, do not — believe on any tips; especially with regards to penny stocks.

5. The myth of 'It can't go any lower'
There is usually a temptation to invest when the stock prices correct sharply and are suppose trading at 52-week low. We tend to believe that ‘it can’t go any lower’.

This is not true.

If the company is facing serious business problems; or the promoters have siphoned away the money; or the manipulators have already made their riches, the stock price may never recover again. You can then forget your investment in that stock. In fact, over a period of time the stock exchanges will de-list that company so you can’t even trade in that stock.

Therefore, work with very strict stop-loss targets. Don't live in hope.

Investing in penny stock can be injurious to your financial health. So it may be best to keep away from them. However, if you are still a game for it, tread (and trade) with extreme caution. Please do take good care of your money.

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Henk Matthee
Director

Is it working?

Is what you're doing working?

As you can imagine I get a lot of questions about success, life and goals. Well, I recently hosted a very special webinar where I shared the truth about Goal Achieving and how crucial it is to your success.

We had an incredible turn out, the conference room was full before we even started!

This information is so valuable that anyone can benefit from it. I wanted to be sure and get you the replay to watch, and watch it all the way to the end - you'll be glad you did.

Click here to watch the replay

There's a reason you received this message at just this time in your life ... it's called the Law of Attraction. Sadly, people often attract ideas and opportunities that could alter and improve the course of their lives, but they fail to recognize or act upon those ideas.

Take action now ... take the time to watch this presentation right away.

I look forward to sharing with you some powerful insights I feel certain will change your life for the better - in every way possible.