In
re: @brandbuilder and @digitalvision on MLM and
Social Media Certification
Having retired due to failing health, I find little
that motivates me to post but when I see bright
and clever fellows engaged in folly, and suddenly
faced with the realization that life is indeed too
short to engage in folly, I felt compelled to enter
the fray, one more time.
I never found an MLM I thought would work for me.
I “get” social media and a good MLM
should do well if they embrace social media. I think
that ShoptoEarn – ShoptoEarth is a good idea
i.e. help promote environmental awareness and all.
But a good idea is not enough and once you marry
a good idea to an MLM you increase your own obstacles.
Let’s face it, MLM has a bad rep. But it’s
not for me to denigrate MLMs . They actually do
work for some people and the founders get to make
lots of money. (Just like Bill and Steve and Mike
do with the companies they founded).
And a Social Media Specialists Certification was
surely inevitable. I don’t know for sure,
but I think it must have a curriculum and that curriculum
probably contains content some people don’t
know. And if it is taught by someone who has done
some good stuff with social media and really understands
it, then the chances are good that there will be
some positive takeaways. A freshly graduated MCSE
who never ran a network is commonly called “a
paper MCSE” and is most likely not qualified
to run a corporate network, but they have to start
somewhere. Some start by running networks, learning
as they go and then getting certified. Others get
certified first and then learn as they go. For the
most part it’s all good. It’s business,
in one form or another. Caveat Emptor applies.
I must confess that I might not be unhappy if I
were clever enough to have founded an MLM and made
large amounts of money for myself, nor would I be
unhappy if I created a certification that many people
wanted and I was able to profit handsomely from.
I am not smart enough to criticize others’
methods. I have found that my time is better spent
just doing what I do, as well as I can.
Well, I have to go; life is too short and Doc says
that mine has suddenly become much shorter.
Update: This "story" has evolved evolved
quite a bit. @thebrandbuilder has posted a thorough
recap on his blog ( click here to go there ) detailing
even more events and he has come out solidly and
professionally against one "company's"
attempt to create a cert. His reasoning is very
solid and seems valid to me. My only lament is that
he felt compelled to spend so much brain power on
the whole thing. But it is his brain power and he
is certainly entitled to spend it as he wishes.
Viral Video and
the Dollars and Cents of Social Media Engagement
for the Average Businessman
1,747,417 views on this wedding video in 5 DAYS?
can you say viral? http://bit.ly/29W0C0 (Since yesterday
3 million more have watched it – now at 4,
639,607
There is something to be learned from this. To
begin with, it is marketing nirvana. What a damn
shame they were not selling anything, lol.
If you could create a video that got nearly 2 million
views in five days for (insert your business/idea
here), it would be a wonderful thing.
Most really viral videos are created unintentionally,
but it is possible to engineer one.
This couple’s concept for their wedding was
pretty different, and they either have really weird
friends, or it took a lot of convincing to get the
whole wedding party to participate. Just getting
those people to agree to their wishes probably took
considerable negotiation skills (I’d like
to know what the couple does for a living!)
But the point is, this is achievable if one has
a little vision and is willing to be daring. In
marketing (insert your business/idea here) creating
a viral video is sort of a shortcut to success.
The typically path is far slower. More like what
is happening with my clients . I am optimizing that
site for the keyword phrase xxxxxx xxxxx xxxxxx.
It is already in the top ten on google if you add
a geo tag (florida, pt st lucie, palm beach, broward,
etc.) and it has gone from not even ranked for the
primary phrase to position 37 in less than 60 days.
And I am using twitter and some of other social
media sites to spread the link and gain some link
juice.
Yesterday the owner got his first online inquiry
(a dentist office filled out the request quote form)
. Hopefully it will enthuse him enough to get him
to start participating in his own online marketing.
Since I started the project 60 days ago, I have
not been able to get his “buy-in” for
his own internet and social media efforts. He has
promised me pictures and videos over and over and
still has not delivered the first picture of one
of his company trucks. I encounter the same lack
of “buy-in” with the majority of people
I work with. People seem to view the internet as
a necessary but unfriendly endeavor. It is not unfriendly.
In fact the opposite is true, but people are reluctant
to make the plunge and discover the wealth of people
and resources that can be helpful in creating wealth
for the bank account.
That’s why I keep prompting people to “take
the time, dive in and find the pulse”. Get
online and find some people who are already solidly
plugged in to the net with a lot of connections
who share some of your interests and passions. Several
of the social media stars that I follow have had
their first child, (or twins!) or added to their
family in the last two years and they seem to have
a pretty constant side stream of convo about lollipops
and teething or whatever. Several others are big
on running or serious biking and that sidestream
is always going on, etc. etc. From such random and
unrelated things, it seems, alliances are forged
and sometimes great IRL (in real life) friends are
made.
If you knew that using twitter would increase your
net worth $100k would you jump in and be active?
Or if you knew that you were going to meet a super
programmer on LinkedIn whose abilities would reduce
your production costs by 50% or halve your time
to market equation, would your “buy-in”
increase? No matter what venture(s) you are in,
the potential to leverage your personal social media
engagement into increased business or reduced costs
is huge. Frankly, it simply does not make business
sense to not engage.
Social Media - It's
not about the product or cause, It's about the engagement.
Social Media Engagement to create buzz.
Ok, so you have a product or cause that you think
will help cure the worlds ills and you want to promote
it with Social Media sites like Facebook, Twitter,
Myspace, Blogs, Vlogs and video channels like you
tube.
To do so, you must engage. Engagement begins with
sharing insightful thoughts and thoughtful responses
with people of similar interests. For someone new
to social media the best way to do this is to recruit
a core group of individuals who are all committed
to sharing your message.
Create an internet presence for your product or
cause. This can be as simple as a facebook page,
a blog, or a complete website. Provide your information
in a clear, clean concise manner. Make sure that
any place that you have an online profile (linkedin,
professional associations, social presences, etc.
are all properly up to date.
As an example let’s say you have a product
called widgetX. Lets say that you also have two
young children and that you consider your family’s
lifestyle to be health conscious.
Begin in social media by talking about the funny
things your kids say and do, and talk about how
your particular health choices seem to be working
for your family. You must engage on a near daily
basis with you core group of recruits for several
weeks. People who are not yet engaged with you but
who are watching are watching to see if you are
interesting, and to see if you are “just a
flash in the pan” or you are someone that
is going to continue to be around if they engage
with you. Post about unusual things you encounter.
Post pix and videos as often as you can! If you
encounter someone else’s post that interest
you, comment on it, share it, and engage with them
in a thoughtful manner.
Take extra care to respond to anyone that engages
with directly or mentions you or something you posted.
(you can use monitoring tools that will tell you
whenever your name or brand is mentioned).
Ask others what they do for a living, or what they
think are the important concerns of the day.
As you engage, people will often go to you profile
and see what’s there. If it’s something
that interest them, they’ll be sure to let
you know.
As you proceed do some searches to find even more
people who seem to be interested in your product
or cause. Message them and let them know you are
interested also.
As these conversations evolve, if you are a true
provider of insightful thoughts and thoughtful responses
people who need widgetX will find you.
Marketing
Nirvana - Connecting the dots Part II
Using Social Media to add value.
Few engagements begin and end with a single contact
resulting in a single sale. Consumers want to know
the company they purchase from. They are interested
in quality, customer service, corporate consciousness
(are you green enough?) and a myriad of other information
to increase their comfort level in doing business
with you. The internet and social media allow you
to engage with your consumers directly and address
any concerns they have and supply them with the
information they desire to attain that comfort level.
More importantly, social media enables consumers
to engage with each other in their efforts to choose
companies that give them the products or services
they want at the comfort level they desire.
Peter Botting, a UK based Corporate and Political
Strategist, Speechwriter and Pitch Coach. www.peterbotting.com
and a tri-lingual master of delivering the message
recently made some valuable observations about the
ever continuing need to “woo” clients
and prospects. See the article on the Xing.com network
at https://www.xing.com/app/forum?op=showarticles;id=16199500;articleid=16240018
Social media empowers businesses to “woo”
and engage clients i.e. create and maintain relationships
In their own spaces, where they are surrounded by
“trusted” friends and acquaintances.
Where they can engage at a time and in a manner
they have chosen – social media is “working”
24 hours a day 365 days a year.
The value you add can include
Trusted Advice
Manufactures of energy using devises can explain
energy ratings and put them into context
A lawyer could blog about proposed legislation and
how it would likely impact consumers and use blog
commenting to allow dialogue
Retailers can engage in comparisons, product usage
suggestions, online manuals and forums for putting
things together and a host of other concerns consumers
have.
Collateral Deals – this is a hugely underserved
market. Many products and even some services can
be enhanced with third party offerings. Businesses
who understand the afterrmarket modifications and
enhancements and can steer their customers toward
the solutions they are looking for can gain big
“props” from their consumers. Even if
you don’t sell an appropriate collateral product
you can gain big props by directing your consumer
to someone who does.
Consumer Feedback –
Dell Computers uses their IdeaStorm website to let
consumers post issues, wishlist, and other concerns
and then provides follow up and resolution. A customer
in pre purchase mode who observes this has a good
feeling for the “customer service” he
or she can expect after the purchase.
Much of this falls under the heading of customer
service but it crosses over into Public Relations/marketing/branding
and even sales.
Listening – Brands that “listen”
for the buzz about their products are perceived
as more concerned about their consumers. With tools
like twitter, companies can listen in real time.
Currently, listening is primarily done by customer
service / consumer relations people. They have the
opportunity to proactively respond to frustrated
consumers. The value in solving a consumers problems
in real time is “golden”. But there
are potentially even bigger opportunities for the
salesforce to engage in listening to increase sales.
Marketing Nirvana is achieved when a product, brand
or idea goes viral. Active engagement in Social
Media increases the chances of a product, brand
or idea “going viral”.
Let me add that it is easy to get sucked into a
big, dark, time sucking, black-hole if you attempt
to be everywhere in the social media space. One
needs go no further than http://go2web20.com to
easily see that there is simply too much! Do some
broad listening, determine where there is some density
among your target consumers and focus on a well
defined social media presence within the limitations
of your resources or you will be setting yourself
up for failure.
But
how do I apply IMS 2.0 to an actual business?
In
a way, the answer is my “trade secrets” ! But there
is nothing secret about it really it is just common
sense usage of what’s available.
I am doing ok, and don’t solicit clients much, they
usually find me. So I am happy to share with you,
a sample scenario.
Modify it, challenge it, share it as you like. It
is not written in stone. It is just a guideline to
help you get started. If you find it useful, I am
pleased to have had the opportunity to help you on
your journey to success with Internet Marketing Strategies
2.0 Sincerely, Victorseo (I need to change that to
VictorIMS! But it is on so many profiles!)
Here is the CASE SCENARIO:
The proposed client is a discounter of name brand
clothes with a rapidly changing inventory. Client
has an existing website with a robust shopping cart.
The website landing page(s) are adequately “jazzy”
Define the target market.
Define the channels that serve the target market.
Define the means and media, most suitable to your
client, to engage your target, through the defined
channels.
Choosing the means and media from the myriad of choices:
Some are engagement destinations (distribution), others
are engagement tools.
There are 1000 choices today. Everyday there will
be one more. But let’s say you already have a short
list of 100. You need to make it shorter. ( I have
found that I can engage in a maximum of 30 by myself)
Of the 100, Which ones does the target market engage
with the most?
Which ones are most suitable to your client?
Which ones will provide the most saturation in the
shortest period of time?
Let’s say that the short list is ten distribution
points and five tools and looks like this:
Distribution
- Myspace
- Bebo
- Delicious
- Furl
- Friendfeed
- Mogulus
- Youtube
- Metacafe
- A blog created for this campaign
- Blogs that can help propagate this campaign
Affiliate Marketing (hey, that’s 11)
Tools:
- Hubpages
- Utipu
- Kickapps
- Weshow Webstorewidget
Obviously, we have decided on a video centric approach.
Actions:
We create brand new accounts on each distribution
point.
We search the social spheres for style conscious users
(41,400 returns on myspace for “my wardrobe”.) We
send them invites promising them the inside scoop
on “something big happening in clothing fashion”.
( create several different come-on intros and see
which one gets the best results.)
We send and post gossipy tidbits about what stars
are wearing, how they are wearing it, etc. whatever,
for a week or two promising new insider pix soon).
It is critical at this point to get some widely connected/followed
seeders. If initial response is not significant an
increase in the “attraction offer” will be required.
Seeders are crucial to the “time to saturation maturation”.
We blog from day one with a minimum of two posts a
day. (generally dozens of posts should be prepared
in advance)
We bookmark every “fashion” site and blog we can find,
from day one
We create videos. Lots and Lots of videos ranging
from 30 seconds to 4 minutes. Wide variety, funny,
stupid, testimonial, in the news, . Start with a catalogue
of twenty and send them to the friends list on the
social networking sites with a note saying that they
get to see it, and post it on their profiles and blogs
if they want, before it goes up on our own blog and
the major video distribution sites.
Put it on the majors and our blog one week later.
Track immediate short term popularity (one to four
weeks) and then make 20 more videos following the
most popular them.
Start sending out the hubpages widget with the note
that announcements on the coming videos and cool news
will be fed to the widget on a regular basis. (and
make sure you feed it! Never break a promise to a
user)
Release the utipu video showing how easy it is to
navigate the site.
Do a couple on different aspects of the site.
Run a contest challenging the users to create their
own fashion videos, offering a $1000 wardrobe gift
certificate for the best. If buzz is high make the
contest short term, if it is not stretch it out. If
it is highly successful, repeat. (duh!)
Do a kickapps widget that feeds video of the products
coming into the warehouse that are not yet offered
for sale. Weekly deliveries mean weekly updates! (Just
put a cheap web cam in the receiving room, or capture
video with an existing security dvr) and get one of
the unpackers to wow up some of what’s coming in.)
Deploy the webstore widget, once again offering it
to your best seeders a week ahead of public release.
It is a six month campaign. It costs $24,000.00 to
hire me to design and implement it. How do we measure
the effectiveness? We take the client’s previous 12
months of revenues and divide by twelve. When our
campaign reaches the 6 month mark his sales will be
double or more that number. If sales were 20k a month,
he will have a sustainable model for 40k a month or
more. We increased his revenue from $240,000 annually
to $480,000 annually.
The return is 10 times the 24k invested, about 2 times
profit (less additional promo expenses such as the
contest prizes).
Even better the cost of sustaining is less the longer
you do it so ROI increases. If the campaign reaches
saturation maturation, the cost of sustaining is negligible.
i.e. in the second six months revenue and profits
continue to increase and the cost of campaign decreases.
Thus the 12 month after campaign initiation figures
are even more attractive.
What if the campaign does not reach the projected
sales figure?
That’s impossible. Really, it’s impossible, if we
have taken all of the steps. Web 2.0 may be all new
and innovative, but sales has always been, will always
be, a numbers game. If you increase the traffic enough,
with qualified visitors, the revenue will prove out.
Footnote: as you can see I didn’t touch on affiliate
marketing, so my list really is ten – but getting
a client into affiliate could be a good thing ………….
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