Saturday, July 24, 2010

Social Media - Coupons to Drive ROI

One way Social Media can help drive sales is through the distribution of coupons.

Through sites like Merchant Circle and Foursquare it is easy to create coupons that can be distributed through other channels like Facebook and Twitter.

How this works is by setting up a Merchant Circle account and then using their coupon wizard to create your coupon. Once created a unique URL is created that will allow for distribution of that coupon.

The link is then posted or distributed through the Social Media channel of your choice.

It is then easy to track the effectiveness and the ROI of through redemption of that coupon.

Social Media provides valuable ways to track ROI. Couponing is just one of them.

Friday, July 23, 2010

Social Media - Every Customer is a Mystery Shopper

There used to be a day when a retailer or franchise owners most important customer was the "Mystery Shopper". A shopper paid by the company to come in and shop and then review the service. After the 'shop' a report was sent that detailed the high's and the low's of visit to the owners and manager. No one else ever saw that report.

With Social Media today every customer is a mystery shopper. The tools are in place to allow any customer at any time can tell the world about their visit. As this review shows:

This is a local review posted on Google Places.

But with Foursquare, Yelp, Merchant Circle, Google Places and many others - business reviews are easy to post and easy for other customers to find. Social Media changes the way you do business at your physical location, because Social Media makes it easy for people to talk about you.

How do you treat your Mystery Shoppers?

Thursday, July 22, 2010

Social Media - Do you need it?

One question that comes up in conversation about Social Media is: "Does my business need a Social Media presence?"

The best answer is this: "Do you have contact with people in your business? If you do there are ways to use Social Media to help you."

Because Social Media allows you to maintain permission based communication, your customers give you their permission to talk to them, it is a valuable tool for everyone.

People like experts, they like to know that they know where they can get answers. When they have questions about; dentistry, kitchen counter tops, real estate or snow blowers, they want to be able to go a source of information they trust. Social Media is the tool you can use to establish that trust and the channel to communicate.

Do you have a product or brand worth talking about? Are you a Purple Cow in your industry or community? Then Social Media gives your customers the tools to talk about you. To spread the word and be your biggest evangelists.

Every business can find a use and benefit from Social Media. So what's your plan?

Wednesday, July 21, 2010

Social Media - All Media can Be Social Media - Business Cards

All forms of media can be Social Media including your business cards.

You should include ways of connecting with you on your cards. You have a Twitter feed, your linkedin on Facebook let the prospect know how to find you on your card.

Here's a great article from Maashable about Social Media Business Cards.

Tuesday, July 20, 2010

Social Media - Social Media Adoption

There was a great report about Social Media adoption by small businesses released by Robert H Smith School of Business.

Please take a few minutes to read it.

Here is one of the most powerful quotes from it and shows another Social Media success story.

“In order to meet the growing challenges of a tough market last year, I was forced to consider alternative options to keep my business visible,” says small business owner Dr. Alan Glazier, CEO and Founder, Shady Grove Eye and Vision Care. “With a very small investment in social media marketing, I was able to generate new business opportunities. Our Google® ranking is consistently number one for many of the phrases people use to search for eye doctors in and around my city and we have received a "bump" in terms of new visitors to the site. My blog has been picked up by different news sources and led to media interviews. I am now recognized as a thought leader in social networking within my profession and lastly but most importantly, my marketing budget has been reduced by more than 80%.”

You can read the whole report here.

Monday, July 19, 2010

Social Media - 5 Ways to Use Foursquare

Here's a great Social Media article.

It talks about 5 great ways to use one of my favorite tools for small business Foursquare.

No sense writing what's been written so well here.

5 Ways to use Foursquare.

Enjoy this great read!

Sunday, July 18, 2010

Social Media - Article to read

This is one of the best articles on Social Media success.

Please take the time today to read it.

How Social Media Drives New Business: Six Case Studies

Thanks Leena Rao and TechCrunch for a great article.