You Don’t Get Social Media ROI Yet? C’mon, Man!

Social media ROI is not that hard to understand. There's a simple formula, a simple process, and some simple tools to do it all.

I was feeling good about social media ROI, and how/whether people understand it. I figured, at least my people — marketers — get it. They understand how to measure social media, or at least the principles behind it.

Apparently not.

eMarketer dashed those hopes to the ground with their December 20, 2011 article When Will Social Media Measurement Mature?.

Marketers know that counting fans, “likes” and followers is not the best way to measure success in social media marketing. Yet these metrics are often the top benchmarks for performance. It’s not surprising, then, that marketers consider calculating return on investment to be the biggest challenge of using social media, and that a majority of them believe they cannot measure social media campaigns effectively.

How to Calculate Social Media ROI

Calculating the ROI of anything is easy. Subtract how much you spent from how much you made, and that’s your answer. If you spent $10,000 on a social media marketing campaign, and you made $50,000, your social media ROI is $40,000.

Simple, right?

$50,000 – $10,000 = $40,000.

So how do you know whether sales are coming from your social media efforts?

I’m not going to delve into the step-by-step process, but I’ll give you the tools and concepts you’re going to need to get started.

  1. Set up Google Analytics, and install the code on every page on your website. If you have a blog, it only needs to be part of the code. If it’s on a website with pre-built pages, it needs to be on every page.
  2. Set up a Bitly account. Bitly is a URL shortener that also lets you do some basic analytics on the number of people that have clicked your link.
  3. Create a Google Analytics tracking campaign for any and all major links you’re sending out. This is how you’re going to measure a particular blog post, tweet, Facebook status update, etc. If it’s just a basic link to the website, a campaign code is optional. But if it’s a blog post about a particular marketing campaign, set up the Google Analytics campaign.
  4. Put a hyperlinked call to action in your blog posts that take people directly to a sales page or order page. Make sure that the hyperlink is given a unique campaign code.

Here’s what will happen:

  • You’ll send out a link to a blog post via Twitter, Facebook, etc. Let’s say that 10,000 people see that link on your various accounts.
  • 1,000 people visit your page and read that blog post, all within a 6-hour span.
  • Of that 1,000 people, 100 people actually make a purchase with a total of $10,000 in sales.
  • Those 100 people also fill out their contact information, which gets placed into your CRM.

By looking at these numbers, you can determine a number of things.

  • 1,000 visitors out of 10,000 social media followers, fans, and friends means you have a 10% click-through rate.
  • 100 sales out of 1,000 visitors is a 10% close rate; out of a 10,000-person network, that’s a 1% close rate.
  • By looking at the entrance and exit paths of that particular 6-hour period, or particular day, you can see that a majority of people were moved enough by the blog post to go directly to the order page. Compare that to another blog post that only lead to 30 sales out of 1,000 visitors, and you know it wasn’t as effective in moving people to act.
  • You can then subtract the cost of that particular campaign from the amount of money you made to calculate the total ROI for the day/week/month.

Calculating social media ROI is not that difficult. It’s just a matter of having the right tools and knowing basic analytics and campaign creation. There are literally hundreds of articles and several books on each step I first described. It’s just a matter of reading, and then trying out what you’ve learned. With some trial and error, and constant measuring, you’ll soon learn what works and what you can stop doing.

Or you could just hire a social media professional to do it all for you.

Author :  •  Content Location : Indianapolis, IN  •  Copyright Holder : Professional Blog Service  •  Copyright Year : 2011  •  Headline : You Don't Get Social Media ROI Yet? C'mon, Man!  •  Keywords : social media ROI, social networking, social media marketing, marketing, ROI  • 

Who Should Rule, Content or Marketing?

The argument about whether content or marketing is king is missing the big picture.

Over on his blog, Nashville writer Jeff Goins questions whether content is really king.

Well, actually, no he doesn’t. he said content is not king anymore. It’s a “fat, dethroned monarch, dis-empowered of his royal ability to influence.”

Janus, the two-faced Roman god, should represent content marketing.

Janus, the two-faced Roman god, should represent content marketing.

Marketing — or as Jeff calls it, “relationships” — are the true king. Without relationships, without marketing, it doesn’t matter how awesome your writing is.

I used to be terrible at this. I thought all I had to do was be a good writer. But I was wrong.

I was scared. And lazy. I didn’t want to have to actually meet people. I just wanted to write.

But that’s not how the world works. So why would I think for one minute the Web would work that way? Yes, even in real life, it’s not just what you know that matters, but also who you know.

And even in business, the best way to promote an idea, product, or service is relationship. We all know this, because in this day of media saturation, we don’t buy what the ads tell us to buy. We buy what our friends recommend.

If I have to give an edge to either of them, I still side with content. Because hidden content can accidentally be discovered one day. I might write a post that gets picked up by search engines, and I could start being found for that topic.

But I could optimize and promote the bejeezus out of something really awful, and a lot of people could see it, but what do you think would happen if everyone showed up and saw — and said — how awful it was?

Still, it’s not a question of whether content or marketing is king.

Content Marketing Rules

This does not have to be an either/or proposition. You shouldn’t have to choose one over the other. And no, this is not one of those “why can’t everyone just get along” cop-outs that I detest. This is like arguing about whether peanut butter or jelly is more important on a PBJ.

Content and marketing have a symbiotic relationship. One cannot exist without the other. You can have great content, but if your marketing sucks, no one will see your stuff. And you can have great marketing, but if your writing sucks, no one will care.

There has to be a happy medium here. Or at the very least, we have to recognize that Content/Marketing is a two-faced king, like Janus, the Roman god of beginnings. You can’t have good marketing and lousy content, and you can’t have lousy marketing and good content. Without one, the other will die.

Content without good marketing is a private diary. Marketing without good content is spam.

I think once writers realize they need to market, we’ll see a bigger explosion in books and ebooks. And once marketers realize that content is not some throwaway afterthought, they’ll start seeing an explosion in sales and profits.

And if you want to learn how to do both, you can buy Branding Yourself or No Bullshit Social Media to see how.

(See what I did there?)

Photo credit: mscolly (Flickr)

Author :  •  Content Location : Indianapolis, IN  •  Headline : Who Should Rule, Content or Marketing?  •  Keywords : content marketing, writing, marketing, relationships, Jeff Goins, social networking  • 

Import Your LinkedIn Contacts to Google+

Export your LinkedIn Connections to sync them with your Gmail Contacts.

Everyone is so worried about getting their Facebook contacts into Google+. That’s the wrong way to go about Google+.

Given that most of us who are on Google+ are social media power users, chances are we’re looking for another social networking tool that will benefit us professionally. And while we may be Facebook friends with our professional contacts, LinkedIn is the real professional social network. LinkedIn also keeps any contact information like cell phones and websites, so this is going to be valuable anyway.

So, why not instead import your LinkedIn contacts into your Google+ contacts? Here’s an easy way to do it.

  1. Most importantly, you should have a Gmail account. If you don’t, get one. Google+ will delve into your Gmail contacts to see who you interact with the most, and suggest those people for your Circles.
  2. Export your LinkedIn Connections to sync them with your Gmail Contacts.

    Export your LinkedIn Connections as a .csv file to import into your Gmail Contacts.

  3. Log in to your LinkedIn account, go to your Connections page, and Export your connections.
  4. Choose any format you’d like, but the .csv (comma separated value) is your best bet. Save this file to your desktop.
  5. Go to your Gmail Contacts window, and select Import from the More Actions menu. Locate your .csv file, and import it.
  6. Google will merge any contacts that already match, saving you some duplicated matches. However, Google isn’t perfect, so you will need to go through and find/merge a lot of your contacts by hand. It may be tedious, but it will be worth it in the end.
  7. As an added bonus, export your Gmail contacts and reimport them into your LinkedIn account. This will then sync up your two networks. And since Gmail is the one email program that most social networks use to “find your friends who are on this network,” having your professional LinkedIn contacts can help you build any new networks you join quickly and without all the fluff and unnecessary crap that Facebook brings with it, like your Farmville and Pirate Clan friends.
  8. Jump back over to Google+ and start adding people to your circles. Start with the ones that Google+ recommends, and then begin searching for the people you want to add to your Circles.

What Does It Take to be a Social Media Expert?

My friend, Hazel Walker, wrote a blog post recently about how “Anyone With a Book Can Call Themselves an Expert,” and we were discussing it over coffee

“Uh, you know my book launch is tonight, right?”

She did know, but said it wasn’t books like mine that she was talking about, it was the self-published kind. “Anyone can self-publish a book, and anyone can regurgitate stuff someone else said. That doesn’t make them an expert,” she said.

Hazel’s gripe was about the proliferation of social media experts who are springing on the scene, armed with a few dozen hours of using the necessary tools, thinking this somehow made them an expert.

My mother, age 72, has decided that she is a social media expert. Heck why not, she uses Facebook, and has for about 6 months, she tells all her friends how to use it, when is the best time of day to use it, why it’s important to use it, and on and on. All things considered she has as much experience as many out there calling themselves an expert.

I agree with Hazel on this. Her mom notwithstanding, there are too many people who are eager to call themselves an expert when they’re not even an enthusiastic amateur. This prompts other people to rant against the faux experts (fauxperts?), which makes the real experts hesitant to adopt that mantle in the first place.

It’s a shame really.

There are some really smart, bright people who have earned the term “social media expert,” but they’ve been scared out of using it because other people are snarky, or just downright brutal, to the “fauxperts.” The real experts don’t want to get caught in the crossfire, so they eschew the title they deserve.

So what does a social media expert have that the non-expert does not have?

  1. More than five years experience in creating effective messages that educate, persuade, or inspire. The more, the better.
  2. More than five years of understanding their target market/audience (social psychology, and how their messages affect that audience.
  3. More than five years spent creating strategies and executing them. Not just executing someone else’s strategy, and doing someone else’s grunt work. You created the strategy, then you executed it.
  4. Has frequent speaking engagements to industry groups about their knowledge and experience.
  5. A lot more knowledge than their customers, including the ones that keep up with social media.
  6. A regular publishing schedule of thoughts, news, and research on a blog that’s older than a year. Even better, a regular publishing schedule of their thoughts, their news, and their research.
  7. A breadth of experiences, responsibilities, and first-hand knowledge from a variety of jobs. They don’t still have the same job they got after college, five years ago.
  8. Enough knowledge about social media message creation and social psychology that can, and hopefully does, fill a book.
  9. Paying clients.
  10. This last point is probably the most important one. Printing out cards at a cheap overnight business card service doesn’t make you an expert. Being hired by your mom’s Pilates friend to create a Twitter account for her dried flower arrangement business doesn’t mean you have clients. You need to make a living at this. It’s not a sideline, and not a hobby. It’s not something you decided to do because you’re having trouble finding a job. It’s not a fallback option because you didn’t get into bartending school.

    Also, notice I didn’t mention any specific tools, any scores, analytics, etc. For one thing, numbers can be gamed; value and reach are earned. For another, the real expert doesn’t rely on the tools, they rely on their network. And they would have that network if they were using Twitter, Facebook, or a 7-year-old email newsletter. The tools are constantly changing and evolving, some are dying, while others are growing (anyone remember AOL’s heyday?). So why put all your stock in the tool, when it’s the connections you need?

    Being an expert is all about real-life experience and real-life work. It’s not about numbers and networks, it’s about what you can do with them.

    I think the real social media experts need to man up (or woman up), step up, and assume the title. Don’t let the snarky people scare you off. Don’t adopt this falsely humble, “aw shucks, I’m not smart enough to be an expert” attitude. If you’ve been in the persuasion business for more than five years, you can start calling yourself an expert. Everyone else in every other field is calling themselves an expert in their job. Why should the charlatans and fakers scare you off?

    They need to stop being scared off by those people who heard someone once say “there are no social media experts” and are now parroting it like it’s gospel; the people who think social media is rapidly changing, but no other industry in the world is; the people who think social media is brand new, forgetting that Facebook started in 2004, LinkedIn started in 2003, blogging has been around since 1994, and AOL was actually one of the first social media networks. Since the mid 1980s.

    (And for those people who are going to say, “Nuh-uh, Malcolm Gladwell says you need 10,000 hours to be an expert,” please go actually read the book. He said you need 10,000 hours to be an outlier, not an expert. The outlier is that person who is outstanding in their field — Peyton Manning, Michael Jordan, Bobby Fisher, Bill Gates — the expert is the person who knows a hell of a lot about their field, but may never rise to the level of the outliers.)

    My book, Branding Yourself: How to Use Social Media to Invent or Reinvent Yourself (affiliate link), is available on Amazon.com, as well as at Barnes & Noble and Borders bookstores. I wrote it with my good friend, Kyle Lacy.

Six Reasons You Should NOT Feed Your Twitter Stream Into Your Facebook Stream

After yesterday’s post, Ten Signs You’re NOT a Social Media Expert, my friend Josh Husmann asked “Help me out! Why shouldn’t my twitter feed forward to Facebook?”

It’s a fair question, and it’s something I see a lot of people doing it. I even did it for a few weeks, until someone who wasn’t on Twitter told me to stop it. Here are six reasons you shouldn’t feed your Twitter stream into your Facebook stream.

  1. Most of your Facebook friends aren’t on Twitter. They don’t understand #hashtags and @replies. Your Twitter messages that contain those will just be confusing and/or boring.
  2. No one wants to read half a Twitter conversation, especially if they have no way of reading the other half.
  3. If you also automate your blog feed to Facebook, then your Facebook friends will get hit with two messages about new blog posts.
  4. If you’re trying to create an effective personal brand, then automating your feed will work against you. Take the time to write a custom message for both Twitter and Facebook.
  5. Facebook status updates can hold a whole lot more than a tweet. Why limit yourself to 140 characters on something that gives you a few hundred?
  6. Your Twitter audience is not necessarily your Facebook audience. Most of my Facebook network is made up of friends, family, people from high school and college, and people who live in the Indianapolis area. But they are not necessarily social media or PR people that I work with. A good number of my tweets are about business, social media, etc., and while I don’t mind sharing personal information with my Twitter stream, I don’t want to bother my personal stream with work information.

My book, Branding Yourself: How to Use Social Media to Invent or Reinvent Yourself (affiliate link), is available on Amazon.com, as well as at Barnes & Noble and Borders bookstores. I wrote it with my good friend, Kyle Lacy.

Photo credit: NathanGibbs (Flickr)

How To Turbocharge Your LinkedIn Profile

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Web pages are useless without traffic, and the same is true about LinkedIn profiles. It doesn’t matter if you are looking for new customers, a job or just more connections, no traffic = no opportunity. Here’s a simple strategy I used to increase the traffic to my LinkedIn profile page from 3-4 people per day to 70-80 people per day (that means 27,000+ visits in a year). Feel free to make it your own:

Step 1: Figure out what your goal is with your LinkedIn Profile.

This isn’t that hard. Your LinkedIn profile is a resume with a couple of places you get to be creative, and there are really only a few practical uses for LinkedIn. Most likely your goal is one of these four: [Read more...]

Mike Seidle is currently the CTO of Virtual Payment Systems, Inc, and is a one of the founders of Professional Blog Service. Mike currently serves on Professional Blog Service’s board of directors.

Four Things [Insert Your Favorite Movie] Can Teach Us About [Insert Your Favorite Social Network]

Let me say it now: I hate blog posts that want to tell me what some movie can teach me about a particular social network.

I hate them, and I’ve even written them. (Hey, I’m not proud of everything I’ve done in life. This is just my most recent transgression in a long litany of embarrassing incidents in my past, which includes a mullet and handlebar mustache).

But I’m going to write my last movie = social network post ever. So here are the four lessons [Your Favorite Movie] can teach us about [Your Favorite Social Network].

1) Never give up.

Just like [HERO] in [MOVIE] strives to overcome the conflict at the loss/death/imprisonment/break up of his/her spouse/significant other/dog/favorite barista, you need to fight to break through the “wall” of social networking. Just when things start getting hard, you need to work harder. You need to try every technique and tip to get past this hurdle.

Did [HERO] give up in that scene? You know, the one where [VILLAIN] seemed to win, and it seemed like [HERO] had lost all hope? Of course not! Did they lay down and quit when things got too hard? Hell no! They were knocked down 7 times, but they got up 8. THAT’S HOW WINNING IS DONE!

So when things are getting hard, get a pep talk from your spouse/friend/social media mentor/ghost of the person who was killed, and get back into the game.

2) There will always be villains.

In every movie, there’s always a villain who killed/kidnapped/stole the hero’s spouse/S.O./dog/barista. Or someone who wants to foreclose on your business/favorite coffee shop/grandmother’s nursing home. It’s [HERO'S] job to defeat them, humiliate them, kill them, or beat them in a charity golf tournament.

There will always be trolls and haters — jackasses, really — on any [SOCIAL NETWORK] you join. However, unlike [HERO] kicking the crap out of [VILLAIN] by facing them directly, we don’t recommend you face your trolls and haters directly. Rather, take the high road. Rise above the venom and poison and be successful without facing the villain of [YOUR SOCIAL NETWORK]. Just do your thing, and your fans and friends will know the truth and support you.

Remember, “crush your enemy, see them driven before you, and hear the lamentations of the women” only worked for Conan. It doesn’t work for jackasses online, because they’re thinking the same thing about you.

3) It’s always about the relationships.

We don’t need to get our worth, our value, from how many friends or followers we have. It’s about the depth of relationships we have with those we are closest to. It’s how much time we spend with our family, with our loved ones., and the spouse/significant other/dog/favorite barista we just saved/revived/freed/reunited with. Or, if the other person in question turned out to be a real jerk, then it’s about the other woman/man/pet/frumpy barista who was under our nose the entire time.

So, rather than be caught up in the trappings of the beautiful people/scary cult/mountains of money/false power, focus on what’s really important: the people in your life who really matter more than getting everything you ever wanted.

Because all you ever truly wanted was to be loved. Which is why. . .

4) The answer was within yourself all along.

Just like [HERO] in [MOVIE], we have to learn that it was never about how much we got. It wasn’t about the money, the house, the business, it’s about whether [HERO] was truly happy with themselves.

Sure, [HERO] will be happy with their spouse/S.O./dog/mocha latte with whipped cream, but — and this is important — they can’t be truly happy unless they’re happy with themselves. (Oooooooh, deep.)

True success doesn’t come from how much money you make, how many friends you have online, or whether your Klout score is one or two points higher than your friend’s. True success comes from how happy and satisfied you are with yourself.

Then, and only then, will we live happily ever after.

At least until Monday, when someone writes the damn sequel.

My book, Branding Yourself: How to Use Social Media to Invent or Reinvent Yourself (affiliate link), is available for pre-order on Amazon.com. I wrote it with my good friend, Kyle Lacy, who I also helped write Twitter Marketing For Dummies (another affiliate link).

Five Ways to Get Me to Follow You on Twitter

My Twitter follower count has been on the rise the last few weeks, which has been a great boost for my ego.

But I’m finding that I’m returning the favor for fewer and fewer people. That’s because people are either putting less effort into Twitter, they see it as a lazy way to market to a bunch of people, or they’re spammers who are trying to trick people into follow them. Here are five do’s and don’ts to get people to follow you on Twitter.

The Pied Piper of Hamelin

The Pied Piper of Hamelin

1. Do not mention money in your bio.

I don’t want financial freedom. I don’t want help in reaching my business goals. I don’t want to know how I can make more deals online. Actually, I do, but I want to get those things with someone I trust. Not someone who just joined Twitter five minutes ago. I block people like you.

2. Put something in your bio.

The only thing worse is to put nothing in your bio. At the very least, let me know what you do. I turned off the “New Follower” email notification, and only check that column in my TweetDeck. And all that shows me is your bio, which is where I make most of my follow decisions. If you don’t have anything in there, I don’t know anything about you, and I just won’t follow you.

3. Put a real picture for your avatar.

Not your logo, not a photo of your kid, or you as a kid. Put your photo in there so I know what you look like. If you put in a company logo, then I assume you want to sell me something. I want a relationship with a real person. Not your company, not your kid, not you 20 years ago (or 30 or 40). And I definitely won’t follow anyone who still has the damn Twitter egg as their avatar. You’re either lazy or don’t understand what “Upload Photo” means. In either case, I don’t think you’re going to be much help to me.

4. Use your real name.

Okay, okay, I may follow you if you’ve created a business account on Twitter. I like organizations like @ComcastCares and @BilericoProject, and will follow them. But if you’re using the name of your money making system in your Twitter handle, I’ll block you. I have never had good luck with people named @Money247 or @NuBizOnline. Maybe it’s a bias on my part, maybe the person was unluckily named by odd parents, but so far, I haven’t been proved wrong. If you want people to take you seriously, use your real name in your Twitter username, or at the very least, a variation of it.

5. You need to have real conversations in your Twitter stream, not news headlines or motivational quotes.

If you pass the first four steps, I’ll either follow you, or I’ll click over to your Twitter page. If I do that, and find that your Twitter stream is filled with motivational quotes or news headlines, I won’t follow you. I need to see that you’re having actual conversations with people, not just tweeting out garbage. Also, conversations does not mean retweet after retweet. Talk to people. I want to see back and forth, not just blah blah blah. Remember, people joined Twitter to have conversations with real people, not have commercials blasted at them. When you send nothing but headlines, you’re not doing anything useful. You may think you have a lot of followers, but trust me, no one is paying attention to you. Want to be sure? Go check your Klout score.

Unfortunately, Twitter has become another spam channel, which threatens to reduce its usefulness. And while I would love to build up my network to some staggering numbers, I’m not willing to do that at the sacrifice of effectiveness and real reach. So I’ll take a few seconds to look at each new follower and decide whether I want to follow them. For the most part, I’ll give people the benefit of the doubt, unless they’re blatantly trying to sell some money-making system (which, if it really worked, you wouldn’t be online pimping it out to me; you’d be on your own island somewhere in the Caribbean).

So if you want people to at least pay attention to you, put a little thought and effort into actually communicating with people, rather than trying to trick them.

My book, Branding Yourself: How to Use Social Media to Invent or Reinvent Yourself (affiliate link), is available for pre-order on Amazon.com. I wrote it with my good friend, Kyle Lacy, who I also helped write Twitter Marketing For Dummies (another affiliate link).

Photo credit: ®DS (Flickr)

“My Customers Don’t Use Social Media” and Other Lame Excuses

Fellow social media pro Jay Baer, and author of The Now Revolution, is busting some social media myths with his latest post, Destroying the 7 Myths of B2B Social Media. Jay Baer

My favorite busted myth was “My Customers Don’t Use Social Media”. I hear that one a lot from businesspeople.

“That’s interesting,” I said to a business person once. “How do you know?”

“Well, because I don’t use it,” said this otherwise-intelligent business owner.

I wanted to say, “You drive a sedan. Does that mean all your customers buy sedans? You have two kids. Do all your customers have two kids?” But I didn’t, because I’m a nice guy.

However, had I known what Jay knows, I would have instead offered some pretty interesting statistics instead:

According to the recent Social Technographics® report from Forrrester, 81% of U.S. adults with an Internet connection use social media in some form or function. Further, last year’s Forrester study of B2B technology buyers found that they use social media nearly twice as much as U.S. adults overall.

In other words, if 67% of US homes have broadband access,, 81% of them are on a social network, or 54.27% of people with broadband access are on a social network.

That’s half your customers, half your vendors, half your competitors. And if social media is so cheap to use, and your competitors are already on there, they’re reaching your vendors and your customers more efficiently, more frequently, and more effectively than you are.

Don’t assume that just because you don’t use social media means that the rest of your customers are waiting to join social networks until you do. Just because you do or don’t do something doesn’t mean your customers will follow suit.

If you want more proof, Jay recommended that you take your customer email list, and see which of them are active on different social media accounts by using Flowtown or Gist.

Another way to see whether your customers are using social media is to do the following:

  1. Create a new Gmail account with your company name or your name. (You should do this if you’re trying Flowtown or Gist too.)
  2. Upload your entire customer list to Gmail. (Don’t worry, your original is still safe.) Merge any duplicates.
  3. Create a Twitter account (Twitter.com) or LinkedIn account.
  4. You’ll be prompted to import your email list to see which of your contacts are on that network. Follow those instructions and connect your Gmail account.
  5. Start connecting with/following anyone in your list.

Those are the people who are using Twitter and LinkedIn. My guess is that at least 25% of your list will be found on those two networks, and possibly more.

So why aren’t you communicating with your customers on this channel? It’s cheaper than any advertising or trade shows. It’s more effective than traditional marketing. It targets your audience better than direct mail. It’s new enough that people are still paying attention to it. And it’s got enough acceptance that it’s not going away.

Basically, if you think your customers don’t use this because you don’t like it, you’re making a big mistake. Social media is not going to go away, and it’s only going to get bigger. People said the same thing about the Internet, computers in the workplace, fax machines, and telephones. But newer, more technologically-daring companies are willing to try these things, and they’re going to leave you in the dust.

Social Media is Flat for Small Business Adoption

The recent survey from Marketing Profs (Small Biz Report: Social Media Adoption Levels Off) makes me wonder if corporations are starting to catch up to small businesses in the area of social media, or if small businesses are slacking off. (Disclosure: Marketing Profs’ Ann Handley is writing the forward to Kyle Lacy’s and my book, Branding Yourself).

The wave of social media adoption has tapered off: 24% of small businesses now use social media, the same level recorded six months earlier. Among them, 82% use Facebook, 38% use LinkedIn, and 30% use Twitter.

Among small business owners who use social media, 73% have a company page (down from 75% six months earlier), 65% post status updates (down from 69%), and 51% monitor comments made about their businesses on social sites (down from 54%).

While news like this is usually the cue for the link bait vultures to start shrieking, “Small business social media is dying!!” or something like “nobody’s doing social media anymore,” the less hysterical of us choose to see this as a the beginning of an interesting trend. And it poses a couple of interesting questions for those of us in social media:

  • What’s causing the drop in things like monitoring comments (3% drop), posting status updates (4%), or having a company page (2%)?
  • Can this drop be attributed to social media fatigue, or is it an indicator that people are willing to try the shiny new object, but will abandon it if it’s not producing any results?
  • Or are small businesses trying social media, but then get distracted by their regular work, and lose interest in the system?
  • Could this even be attributed to companies that hire interns and entry-level employees, hand them the keys to the social media car, but lose all their efforts when the interns and entry-level people move on?

And most importantly, does this drop represent new opportunities or lost ones for social media professionals? Can they revive the interest in the businesses that abandoned their efforts? Or are these cases where the professionals could have helped, but the businesses are soured on social media?

What have you been seeing in your own work? Are clients giving up social media or embracing it? Are they easily distracted by the latest social tool, or do they focus on the ones they’re using?

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My book, Branding Yourself: How to Use Social Media to Invent or Reinvent Yourself (affiliate link), is available for pre-order on Amazon.com. I wrote it with my good friend, Kyle Lacy, who I also helped write Twitter Marketing For Dummies (another affiliate link).