What is Social Media Marketing?

As far as price is concerned, there is no other low-cost method out there that will deliver a large number of visitors, whom can come back to your website again and again.

Whether you are selling products or services, or just publishing content for ad revenue, the efficiency and benefits of social media marketing is an unmatched method that will make your website profitable over time.

Social News Websites:

The benefits of a social media website vary, but a proven method is creating viral content and promoting it through social media channels. Link Baits, otherwise known as content created for the purpose of getting people to link to it, are a great start. Successful link baits are not hard to accomplish - you just have to know how to do it. Creating high quality content and then getting it listed on social media websites like Digg and StumbleUpon will lead to a number of benefits for any website.

There are two methods to this madness:

Primary and Secondary Traffic: Primary traffic is the number of visitors who come directly from social media websites. Secondary traffic is the referral traffic that come from websites that link to your content and ultimately send you visitors back to your website.


High Quality Links: Social News websites, like Digg or Reddit will get you a large number of links - that have the possibility, with high quality editorial content, to bring you traffic and ultimately raise your ranking in search engines.

There is no secret to this. As SEO has taking a bashing over the past few years - many SEO firms and specialist battle back and forth on the importance of keywords, Meta tags, link purchasing -you name it, they have fought over it. In the end though, the secret isn't that hard to uncover, quality content, sewn together with valuable keywords and building inbound links, are the three components to placing your website in the top of search engine results.

When a website receives a large number of natural, permanent links from trusted domains, search engines begin to trust you. After gaining this trust, you continuously build upon it to either gain ranking or maintain it. And if you begin to optimize your website and begin link baiting - you can easily start ranking for competitive keywords, which in turn, bring you search engine visitors.

Continue this method of marketing and your website will undoubtedly increase its traffic. Many bloggers and Webmasters will see an article on Digg or del.icio.us and trust its usability and then reference through a citation link.

Even new websites that start with little traffic or trusted links - will find social link baiting to their advantage and can quickly establish a reputation and begin to build upon it. But just remember, it's the quality of the content that ultimately matters. Content is still king and always will be when it comes to online marketing. Optimizing it in a number of ways will quickly gain you the trust needed by search engines to rank highly, and ultimately deliver the traffic you need to your website.

The Naysayers Are Out There

They're out there. The Naysayers. The ones who adamantly agree that social media marketing is a waste of time and brings in useless traffic, leading to visitors quickly leaving after they clicked upon a website. Bounce rates are inevitable - even to your most loyal customers, they aren't always going to be interested. But don't mistake bounce rates for a lack of interest - if your entire website is relevant to the general interest of a social media website, there will always be a handful of users who will begin to track your website for future content.

Don't forget about the secondary traffic either, which I think is more important in the end. General websites or blogs with the same interest will link to your content because it helps add value for their users and readers alike. Most of the time, this is done naturally on a daily basis.

Primary traffic might come in larger volumes, but secondary traffic build links from other websites and ultimately delivers their traffic to your website. This help build your brand, establish your presence online, ultimately making it more valuable in the end.

Why you must consider Social Media Marketing?

You could ignore the power of social media marketing, who needs it? After all, you could stick with link exchanges, banner purchasing, editorial ads and search advertising. You certainly could, but why would you?

Social media marketing:

Is natural. Not only do you get natural links back to your website, it is also is exposed to large groups of people in an unpredictable fashion.
Successfully mastered social communities can be a great source of web traffic that helps boost your ranking and add to your already established search engine results.
It's a low-cost/high return business model. If you do it yourself, costs are limited and the only time and expense you have involves hiring freelancers to do it. Ultimately, the benefits exceed the cost - it would take you thousands of dollars to purchase links, which some search engines penalize you for doing now, or are starting to. Social media gives you all of the above FREE!
Social Media optimization and marketing normally won't interfere with any methods of getting traffic to your website. This new level of marketing will only add to your already established campaigns - and most of the time, exceed them.

So How Does This Make Me Money?

Directly? It won't - that is not how this method works. Your site needs to perpetuate itself and build upon its established exposure. The more supporters you have, the faster word spreads about your website. And social media websites deliver more traffic on a daily basis, compared to all other web communities. Because social media websites can be leverage for links and better search engine rakings, they ultimately increase your website's potential. For example, you will be able to price ads higher or generate revenue from any paid business model.

The Blog Secret

It is as simple as it sounds, an excellent blog will bring you traffic and sales you need to succeed. There is a secret to blog writing and marketing thereafter - it's very simple. Instead of creating numerous blog posts that ultimately go nowhere, just one excellent blog post, which is then pushed through social media channels and emailed to other bloggers through email pitches.

You can write just one post and get a enormous amount of links and traffic to your website through the use of social media.

Social media marketing is not a secret, but to do it correctly and monetize your brand, and bring in the new traffic you need to succeed - it takes know-how and the willingness to 'give in.' Everyday, I speak with someone who has interest in social media marketing, but are just not sure of how it might work for them and figure it may not be worth the investment. And that is the exact reason why people don't pursue social media marketing, because they are unaware and are not sure to approach it .

Simply put, to ignore this new branding technique of social media marketing, would just be foolish.

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Social Media Advantage For Brands

Social media has become mainstream and as someone said: every media becoming social. I always think some brands and their attitudes to social media, content marketing, management. It is clear from every angle, except from view, that most brands are overlooking the "social" in front of the social media. This is what sets social media apart from other kinds of media. To excel in social media, you begin with cultivating a social media mindset. Most have not understood what this platform offers.

All that we are currently doing is majorly titled toward social media abuse which is based on advertising and shameless ego promotion. This affects corporate brands more though.

Most have concentrated mainly on mainstream traditional media. They have neglected or can we say they are unaware that the only way to survive in this time is a two-way communication media which embraces not only the traditional but online media platform. As we know, the current trend today is for brands to first learn about their brides-customers, get their attention through the use of social media platforms like blogging, Youtube, Xing, Facebook, Del.ici.ous, Bookmarking, RSS, Podcasting, videocasting, Wikis among many other available online media.

The evolution of these new media has opened up opportunity to seek opinion, interact, court, date and offers irresistible proposal that will hook the bride. Today customers are no longer buying one mode fits all offer by the traditional media. Some corporate brands here seem to hinge non-participation in online community building on such excuses that we are not yet online, neither are there recognized consumer fora which have major convergence of consumers online. Also no regulatory authority here pays attention to or gives any attention to whatever they have to say can. They also claim that online forums here have no impacts on corporate performance. Some also claim that social media is alien to us. My answer is that social media is not alien. The fact remains that many things had been part of us only that we do not accurately labeled them until the westerners help us out.

The idea of social media, content marketing is rooted in cultural rituals where a couple gets engaged before they could start dating. The process require that suitor's intention has to be established through family contacts, integrity checked and a cogent promised is made that he is interested in a serous relationship and not flings. Without these background checks, no one officially allows the intending couple to start dating. If this is violated then, the bride to be would be disciplined.

Drawing a parallel in this ancient ritual, the customers want the brand today to show that what matters is her, not money making. The customers want to be sure that out of arrays of suitors-products, services- your brand can take the initiative of starting a conversation, the customer wants to be sure your brand is not just flirting, looking out for short flings but a real relationship that will enhance her lifestyle. Brand through social media, content and social marketing set up a bate by loading the right words in their contents to convince, educate, entertain the bride that they are out to make her life better even before selling anything.

Customer wants to see how much of your intellectual property will be made available without charges. The customer wants to find out you are a giver. One of their love languages is gift sharing. A giver without string attached always takes the show. Social media, content marketing requires a lot of commitment. It takes time before social media and content marketing make huge impact. Any brand that can show high level of commitment in social media will always carry the day.

Typical case studies of brands with efficient use of social media include Tony Hseih. Tony followers in Twitter today is over one forty million. Hseih is the managing Director of Zappos.com. Tony through his 'tweet' has course to meet with customers at a bar while many in his position will rather hide under the guise of busy schedule. Tony uses Twitter to build interaction with customers; he uses twitter to solve problems for clients. The strength of Tony Hseih and Zappos communities has been used to strengthen relationships with Zappo's brand offline. Zappos client freely gives their ideas on what they want. This aids, leads to co- creation of brands products, services.

As busy as Richard Branson of Virgin group is, he also maintains a twitter account. He has used his twitter account to answer questions from angry customers as well as virgin potentials. The virgin group also has an integrated website that allows news update, blog among others. Southwest Airlines has used social media to build strong connection that impacts on the brand's offline interaction

A good example of the use of social media to spread messages and connection was recently demonstrated by Michael Jackson's personal doctor. As we are all aware, it was once insinuated that he killed Michael Jackson through drug overdose. About a week ago, he used Youtube video to spread his part of the case. This video spread across the internet as well as mainstream media. Popularity of virtual community has been soaring high with more people paying attention from academics and marketing communications practitioner discussing it in advance countries, yet Nigeria brands have assumed 'I do not care attitude'. Nations and brands are not considered backward just because of their location but based on attitudes, disposition to the use of technology that will aid progress. Building emotional connection, loyalty with the brand is becoming an easy thing through social media.

Social media has become a great platform to identify with, interact, communicate brand element. This often starts in online forum and lead to offline beneficial relationship. Today, nearly three billion of the seven billion potentials are now connected in social media platforms. Agreed the ratio is still slow here but the number is increasing daily. Through social media brands can ignite confidence in the hearts of the bride, build thought leadership. Your brand competitors may have better product, services but will surely lose out to you if you can build strong connection with them before you ask them to buy through massive advertisement.

If your brand can give away enough information, answers to concerns and prove that you are on the verge of seriously neglecting your own best interest, of tight schedules, in order to serve these greedy, needy brides that desire your brands become more open, honest with them which is the essence of social media. Social media do not allow cover ups, unnecessary protection of corporate brand's failures. I am of the opinion that if our banking industry's Managing Directors have been active in social media, there is possibility of gaining public sympathy instead of this anger, tantrum they are now receiving from various angles. Their followers would have been able to defend them and take appropriate position that may have given them soft landing in this trying period.

Since our brands have concentrated on one form of media, mainstream, tell me why should their brides not block out their useless bragging through advertising? Tell me why is it difficult for brands n our environment to see handwriting on the wall that their brides now desire their authentic voices that are not coloured with jargons of self- serving moneybags? The brands' brides are now also afraid; skeptical of marketing. Why should the brides be loyal when the element of trust is shaking?

Having established that let us now examine proper way of participating in social media which is now being exchanged for web.2.0. For brands to actively participate in social media, brands need to observe, listen, find clients' hibernating medium. In doing this, brand should first define its social media strategy through careful evaluation of brand's resources, analyze the target audience, and identify objectives. Having done this, brand must carefully pick or access platforms that fit their goals. This will inform the decision to run a blog or just to participate in other forums like Twitter, Facebook, discussion board, social media bookmarking, stumbleupon among others. Be sure you know that such platforms are used by your niche audience. Identify the top influencers of your industry online through recognitions given to their opinions, comments, awards etc.

To do this effectively, brand may consider creating the position of community or social media/knowledge management manager or hire consultant who has track records in skills like community management, online reputation management, monitoring, tracking, podcast, video cast, web links etc. These skills do not require a programmer's knowledge and in actual fact, they are used by customer relations, brand, and Public relations experts. The only requirement is passion that is backed with proven results. The said manger or consultant must also understands forum rules, reputation software, know how to distribute contents without creating offense as this may be counter productive. Great ability to create qualitative content for blogs, create profiles and claim such blogs in online directories is also essential. Social media, content marketing, management is seen as collection of open-sourced, interactive and user- controlled online application used to expand the experiences, knowledge and market power of the users as participants in business and social processes, the social media landscape is basically about conversation before any marketing campaign.

Brands must therefore consider Rajesh Setty's suggestion that it must demonstrate that your brand cares, is curious to find out what is the concern of the customers, contribute, make sure the content is worth their attention, clarify issues, build conversation that will lead to strong relationship, bring in a lot of creativity, demonstrate the brand's character and values cherished, build community, tribe, brings change, instill courage and be highly commitment to a cause its believe in.

Let me conclude this piece by highlighting how brand can start participate in social media and content marketing. Content marketing is an art of understanding what your customers' want, need to know and the science of delivering it to them in a useful and compelling way. The content has to be engaging in a useful and compelling way. To start, the brand has to build trust and credibility. This is huge work. This becomes easy if your brand can take time to listen to customers first. By that brand discovers their problems and the content is therefore tailored to provide solution.

Avoid talking too much about your brand or your expertise as much as I do know the fact that your brand need to establish the line that your brand is worth their attentions. This can make your brand's efforts become suspect. Your customers want educational content without initial marketing spin. The content also has to be compelling, entertaining to earn the scarcest entity on the wed- time/patience. Great content must guides, clarifies, enlightened and connect. The language of the content has to be in tune with your industry. Contents that solve problems drive traffic and increases sale rate.

Social media and content marketing make your clients see your brand as unique resource, trusted advisor and a brand that makes them look good. This will make them to gladly exchange their money and loyalties for your commitment to the relationship. When you have so much to give, they will not wait to tell others about your brand. There are some other factors that come into play here but let us conclude today's piece by saying that brand has several opportunities when it annexes the two way communication of mainstream and evolution of new media.

Yinka olaito is a Brand, Public relations expert and Social media advocate. He has gained over twelve years in the field. He is presently the chief consulting Officer Michael sage consulting, Lagos Nigeria. He authors The branding Gavel-http://www.yinkaolaito.com an award winning blog. This blogs has been rated as one of the Top 100 Branding Blogs in the world among others.

The Complete Novice's Guide to Social Media

Introduction

This article is intended to be a very straightforward guide to Social Media and everything that Social Media encompasses including blogs, social networks and forums etc. It is intended to introduce both newcomers and perhaps even some more experienced people to the world of social media.

So, what is Social Media?

So, what is this social media that has the Internet buzzing with excitement? Well, Wikipedia (an interesting form of social media in itself) describes it as:

"information content created by people using highly accessible and scalable publishing technologies that is intended to facilitate communications, influence and interaction with peers and with public audiences, typically via the Internet and mobile communications networks."

This can encompass not just text and information based services like blogs etc, it can also contain image and video based services such as Flickr and YouTube for example.

Social media instigates a sense of community, making users feel connected with each other through participation and communication via many forms of media. Technorati, a blog submission service, has over 133 million blogs indexed, displaying the staggering rise in popularity of people wanting to be heard and connect to each other.

Social Media and your Business

Social media can benefit any type of business and if approached correctly, can help build relationships with consumers and other companies through networking and raised awareness of your service.

With social media you can easily speak directly to your customers, using Twitter to gather feedback on customer satisfaction, raising awareness of a recently launched product through Digg or using YouTube to promote your move into a new office location for example.

An example of a company using social media in a great way is Starbucks. Starbucks created a whole new website and blog centred around customer suggestions for their service. A user would go onto the website and suggest a way Starbucks could improve, everyone registered on the website would then vote their favorite ideas and then Starbucks would post on their blog regarding which ideas they liked and how they would be actually implemented into the Starbucks service.

Companies are always thinking of better ways to run there service, social media gave Starbucks a way to connect with millions of existing customers and gave those customers an opportunity to build on the Starbucks service in a way only they could know how.

Burger King launched a Facebook application which encouraged users to 'sacrifice' 10 of their facebook friends in return for a free Whopper burger. It was taken down by Facebook not long after launch citing privacy concerns, however in the relatively short space of time the application was live, it gathered over 20,000 users and consequently over 200,000 friends were sacrificed in the name of free burgers. This social media example was well built, was easy to share and gave the user the incentive to network with friends which made it very popular in the short space of time it was available.

These are only two examples of successful social media solutions by companies on the Internet, companies like Sun, Ford, Dell and IBM are all currently reaping the benefits of using blogs, twitter accounts, Facebook pages and other social media tools to connect with customers and make there companies more transparent to consumers. Social media, blogs especially, aren't going to disappear overnight. They now act as invaluable customer service methods with the ability to conduct informal discussion with your customers and let them get to know more about you and your company in an inexpensive way.

Establishing a social media presence for your company gives you the ability to reach potentially millions of new customers through Facebook, Twitter, Digg etc, many of which may have been unreachable without a presence on these networks. Having profiles on the various social networks gives you the maximum potential to raise awareness of your brand, gain more visitors to your website and the capacity to convert those targeted visitors to customers.

Social Media in Numbers

2,000,000,000

searches through the Google search engine every day

1,360,652,987

tweets on Twitter as of March 2009

700,000,000

photos added to Facebook every month

900,000

blog posts every 24 hours

38,040

diggs the most popular bookmark on Digg has received in the last 12 months

412.3

years it would take to watch all of YouTube's content as of March 2008

13

hours of video uploaded to YouTube every minute

Social Media Forms

Although social media can come in many forms, it has its main ones:

Blogs

The most well known of 'obvious' social media forms. Blogs act as a frequently updated hub of contextual information where users can get involved and give their input through comments.

Forums

The oldest form of social media, in use before the term 'social media' was made popular. Internet forums act as areas for online discussion, usually centered around certain topics.

Content Communities

Content communities differ from usual forms of social media in that they allow people to share and use particular kinds of content that blogs and forums don't fully concentrate upon such as images (see Flickr), interesting bookmarks (see Digg and del.icio.us) and of course video (see YouTube).

Micro-blogging

A relevant newcomer in the social media world. Micro-blogging combines blogging and social networking in that it allows people to update small amounts of content online through web-based, desktop and also mobile clients (see Twitter).

Social Networks

Social networks such as Facebook, MySpace, Bebo etc allow the easy creation of personalised web page accounts that facilitates communication between users.

The Distribution of Social Media

People only have a certain amount of time to check their favorite websites, this mightn't even include blogs or social networks. Couple this with the fact that people seem to be working longer hours than ever these days and also using blackberrys and iPhones to work away from the office, and you're faced with a daunting task of attracting people to your blog or website.

One remedy to this has been the introduction of RSS (Really Simple Syndication) feeds. RSS feeds allow a user to effectively 'subscribe' to a website or blog, meaning they are notified through a newsreader when new content is available.

RSS saves people a lot of time when reading blogs and website updates, meaning communities can grow and become more valuable to both the user and author saving both parties time and money.

Social Networks

Joining a social network usually involves creating your own web page with information about yourself, be it personal, professional or otherwise and you then connect with other people on that network.

Although most of these networks are relatively young in their age, a selection of them are very popular and have changed the shape of the Internet for the near future at the very least.

MySpace

After launching in August 2003, MySpace became the most popular social networking website in the United States in mid 2006, attracting well over 100million account holders.

MySpace has largely built it's popularity based upon its comprehensive music service where bands can upload tracks directly to their profile for fans to listen to, even launching it's own record label to release music from MySpace upon.

Bebo

Bebo is a popular social networking tool with more emphasis on the younger user than its competitors. It is also geared towards colleges, schools and other educational institutes which is where Bebo has found it's niche. It was purchased by AOL in early 2008 for over £400million.

Facebook

First available to University students, facebook was opened up to the public (people over the age of 13) in 2006 and it's userbase has skyrocketed ever since.

The service allows you to join networks and groups of organisations, sports teams, location specific groups etc and also offers developers the chance to write applications for the service at no charge

Facbook currently has over 235million account users.

LinkedIn

LinkedIn has it's own niche in the social networking world in that it is targeted solely toward the working professional.

LinkedIn allows you to create your own career profile and network with past and present workmates and is mainly used for career-orientated networking and job / project searches.

LinkedIn has approximately 40million users.

Friends Reunited

Friends reunited is a social network based upon the theme of reuniting and connecting with former (and current) classmates. It is identified as the first social network to achieve prominence in Britain, surviving the dotcom bust.

Blogs

A blog (standing for web-log) is a type of website maintained by an individual or company that is commonly updated with news on latest events, opinions, reviews and any other material the author deems worth of publishing.

With recent developments in blog hosting technology, it's possible for anyone with a basic knowledge of the internet to create and run their own blog using platforms such as WordPress and blogger.

Topics

The reason blogs are so popular on the Internet is because they act as a hub of information for any given topic. This can include website design articles (see a list apart), celebrity news (see TMZ), politics (see Huffington Post) and technology news (see techcrunch).

Although some blogs contain posts around a number of topics, the most popular ones have a defined theme and user base.

Comments

Almost all blogs have a comments structure in place allowing readers to submit their views on that blog or article. Comments act as a networking tool in itself, with many people growing the reader-base of their own blog or website through the clicks they receive from commenting on other peoples blogs.

Forums

The Internet forum is the relative grandparent of the social media family, evolving from the bulletin board style of networking which was popular in the early years of the Internet.

Like blogs, forums can be about any number of topics and attract people mainly looking for information and discussion around a particular theme or subject. Where the two mediums differ are that whereas blogs are usually the views / news from one individual or company, forums act as a discussion venue where many discussions are ongoing at once in different locations called 'threads'. Also, a blog has a clear owner, again that may be an individual or company depending on the blog itself but a forum is effectively ran by its members.

Many forums have been running from the early days of the Internet and have thus gathered a huge amount of members, Gaia Online has over 16million registered members and is one of the most popular on the Internet.

Content Communities

Content communities don't particularly adhere to typical social network frameworks, as they aren't particularly intended for networking between people using the usual means. Two examples of this are Flickr and YouTube.

Flickr

Flickr is an image and video hosting website where people can create a personal account and upload photos they have taken. It's also used by bloggers and webmasters as an online photo storage system, where they can host all of their images in a searchable database. As of late 2008, it is claimed that Flickr holds more than 3billion images.

The social aspect of Flickr comes into play through the creation of various subject-orientated groups where users can comment on relevant images that have been uploaded.

YouTube

Youtube is the largest video hosting website on the Internet with well over 120million videos currently hosted through its service. Youtube members can upload their own footage, create channels / playlists of their favourite videos and share them with friends.

Youtube has quickly become one of the largest websites in the history of the Internet with more than 6billion videos viewed on the service in January 2009 alone. Before the public launch of YouTube in 2005, there were very few methods of video-orientated social networking available via the Internet, YouTube changed this with the ability for its users to dictate its content through the uploading of personal video.

Microblogging

Microblogging is the latest in the way of social networking, combining blogging, instant messaging and the popular status updates of the Facebook service into one neat package.

Popular microblogging services such as Twitter allow a small (in Twitters case, no more than140 characters) text based 'update' to be published on your twitter page and to those who are 'following' you.

Although it is a web based format, over 90% of 'tweet's published via twitter are by mobile, desktop or instant messaging applications. Twitter is largely used by the web industry as a way of passing useful links to one another, as well as a very quick and easy networking tool between account followers.

It has recently began to attract a lot of press attention due to the amount of well known people using the service. President Obama used Twitter in the run up to the election to keep voters informed of his campaign, connecting to a completely new audience to previous candidates.

Conclusion

Although Social Media is a relatively new factor on the Internet, the advances we have seen in a short space of time have been staggering. Two to three years ago MySpace was the service everyone was using to connect with each other, who would have predicted that within 24 months there would have been a service in Facebook that overtook it as the Internets leading social networking tool.

The future of social media is an exciting one, and we could see some interesting developments even in the short term such as the adoption of the mobile social network. Although a lot of people are using Social Media on mobile phones already, this number is expected to increase significantly in the near future with the development of more and more clients for social networks on mobile phones.

Social media is expected to evolve and grow into exciting new services and shows no signs of dissapearing any time soon. The potential for growth and monetary gain for businesses is too great for them to ignore social media, helping spread news of services and offers to hundreds, if not thousands, of friends in an instant. Some companies aim for that kind of promotion and never reach it, some pay millions to get it, with social media, it is in everyones grasp.

A company that neglects both social media and the benefits of search engine optimisation is shielding its services away from millions of potential customers.

Opening your company up to social media services allows you to connect instantly with new people, couple this with a comprehensive search engine optimisation plan and you are in a perfect position to attract new customers and network inexpensively.

Well that's it for our guide to Social Media, grab yourself a cup of tea (or coffee if you're that way inclined) and relax.

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