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Aug 11 2009

How Do We Measure Social Media Success: Business Metrics & Business Matters

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It HAS in fact been a great summer. I have had an opportunity to work with scores of clients both local and international. But the success of social media seems to be somewhat elusive to many people trying to understand how they should or should not get involved with Twitter or Facebook for example.

So how does a small business get into social media and not get taken on a ride by the "consultants" offering to set them up and get them lots of followers?

Some of the businesses I help are actually in a very similar business space to mine. I work with ad agencies and design firms looking to grow their business by adding "social media" offerings to their clients.

The question over and over, from agencies and individual businesses is how much time will I have to spend on this and what can I expect in return. And it is a good question. The answer is not so easy for me to put down. I will try and do it in two parts:

Q: How much time will I have to spend on this?

A: How much time do you have? (No… sorry, a bad joke.) Once your systems are in place you can spend as little as a few hours a week keeping your information current and dipping in and out of the conversations that are going on around you. That's the easy answer.

Q: What can I expect in return?

A: You may experience increased sales if you are selling t-shirts or products online. You might be able to get more visitors to your website. You might even be able to land a new client simply by showing how intelligent you are using social media. BUT… What you will get in return is equal to the effort you put into it.

The good news is the tools are mostly free. And more good news is with some set up you can build a process to help you get quicker at checking your "social" network and determining next actions, if any, you need to take to keep things lively.

The less than perfect news is the results from social media are often not 1-to-1 efforts. A night spent panning at the social media gold stream does not necessarily mean you will come away with enough nuggets to pay for breakfast. And to feed a village of folks it's gonna take a few more miners working the stream.

But here's what's cool. You can see immediate results from your actions. You can use tools like Google Analytics and free WordPress plug-ins to watch your social media influence and how your actions DO, in fact, create activity.

The trick, beyond panning for gold, is actually beginning to engage with the community of people you want to be doing business with. And the goal of the conversation is not the potential invoice it might produce, but the TRUST it might produce. I believe that the level of TRUST required to actually DO BUSINESS on the WEB is 2 times higher than it might be otherwise. And here's why that's becoming even more apparent.

Do you remember the heyday of email spam? When you got furious weeding through all the crap that was sent in the name of ecommerce, viagra and lost funds in from Nigeria. Remember that?

Social media tools, free as they are, fuel the fools gold rush at an even higher levels. If you've spent any time on Twitter lately you know what I am talking about. Separating the nuggets from the rest of the stream is getting increasingly difficult. I literally delete more than 100 followers a week because they are porn dealers, seo scam artists or Twitter-bots. These are people who are latching on to me in hopes of snagging some tiny flake of my reputation and tricking someone who follows me into following them. And new Twitterbot tools are coming out daily to help folks who want to JAM the STREAM with NOISE.

So what does it take to endear TRUST in this accelerated and ever more dire economy? And once that trust is in place, how can we move forward to do business together?

Here are the keys, in my opinion, to social media success.

  1. Transparency.
  2. Accountability.
  3. Flexibility.
  4. Reputation.
  5. Actions.

In speaking with a colleague in business we were both lamenting the "deals" that seem to be getting suspended and put on hold.

What does it take to get the check in hand? Well, if I could tell you the actual answer to that question…  Okay, I'm gonna work on that for a bit and get back to you on it.

In the meantime, if you need a social media injection let me know. I've just set up a 30% off discount on my social media ninja trainings.

@jmacofearth
permalink: http://bit.ly/social-success

Additional resources:

Please also check out The Twitter Way, collected writings on Twitter soon to be a major motion picture.

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Apr 19 2009

INFOSTREAM STRATEGY #2: Tweetdeck – Putting a Dashboard Around Twitter

Category: about me,connections,lifestreaming,tech opinion,toolsjmacofearth @ 8:30 am

[I have several main info streams that I pay attention to these days and they are probably not what you would think. Here is part 2 of 10.]

INFOSTREAM STRATEGY #2:
Tweetdeck
– Putting a Dashboard Around Twitter

Twitter is the new email. It's not so much micro-blogging as mass Instant Messaging. The great part about an application like Tweetdeck, is you don't miss anything. I am not tied to my computer watching Tweets and Hours go by. I log into my Tweetdeck several times a day and here is how I play it.

tweetdeck twitter dashboard 4-16-09

There are other grouping and organizing tools for Twitter, Seesmic Desktop and PeopleBrowsr being two notable competitors, but for my money the simplicity of Tweetdeck, and some say the ugliness, is what makes it work for me.

So when I am looking for outside info or stimulation from the web, I go to iGoogle and Tweetdeck. Above you can see how my Tweetdeck Dashboard is laid out. My attention (deficit) flows from left-to-right, being a right-hander. Far left I have my "close" group. These are folks that I have shared some face time or extended conversations. These are my "trusted advisers." Rarely do I miss A SINGLE TWEET from my "close" group. And the reason is, Tweetdeck threads and keeps the tweets organized for me. So when I have been away all day, say Easter Sunday, I merely open Tha Deck and in the "close" column is all the tweets that have occurred while I was offline.

My next Tweetdeck columns are

2. "pro" for Social Media or Business professionals
3. "all friends." for the 2,000+ people I am "following" (you can see how this is a loose term, as I am not likely to scroll back through my "all friends" column unless I am digging deep for inspiration)
4. search "jmacofearth" this allows me to see any time my Twitter name is used, incase I don't follow someone, I will still see their message
5. "facebook status updates" this is NEW to Tweetdeck and how awesome to put FB in the same tool as Twitter
6. "direct messages" this column run off the page, but I can see when the avatar icons change and thus I need to scroll over and see what someone DM-d to me.

So with my Tweetdeck Dashboard, my attention flows from Left (full-attention) to Right in ever decreasing levels of attention for me. While Facebook updates are important, they don't move or change as quickly so I can browse them with less frequency.

I know a number of people who don't like Twitter because the information seems overwhelming. And they say the Facebook updates feel just about manageable. Well, now, it's just another stream in my Tweetdeck Dashboard. It fits into the format perfectly. And with Tweetdeck I can post to Twitter and Facebook with a single message.

RULE #2 Get a Twitter Management Strategy and a Twitter App Works for You
The information on Twitter is amazing. You can slice it, dice it, search it, track it, measure it and graph it, but if you can't control it what it will do is blow your head off. I cannot imagine a process for using Twitter via twitter.com that would allow me to make any sense of the vast amount of valuable (and value-less) data coming through Twitter. I have given an example of how my strategy has evolved using Tweetdeck. My advice is to pick something and the work it. See how it fits and how you can organize the stream-runneth-over of Twitter follows.

@jmacofearth
permalink: http://bit.ly/infostream-2

[NEXT] INFOSTREAM STRATEGY #3: FriendFeed

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Apr 16 2009

INFOSTREAM STRATEGY #1: The iGoogle Dashboard – Getting Your RSS Under Control

Category: lifestreaming,speed the web,tech opinionjmacofearth @ 8:06 am

[I have several main info streams that I pay attention to these days and they are probably not what you would think. Here is part 1 of 10.]

INFOFEED #1:
iGoogle
Page and multi-tabbed groups of feeds

Oh how the RSS feed has changed in the last 3 years for me. It was interesting describing what RSS was to a friend who is getting up to speed on the web. My final explanation went something like this. "When I find a site I am interested in reading, I look for the RSS button and add their content to my iGoogle page."

This was informative to ME for several reasons. 1.) If the site is not about DESIGN or VISUAL MEDIA I pay very little attention to the site itself. I subscribe to the RSS feed, and then when the widget pops up on my iGoogle page I scan the latest posts for interesting topics.

Occasionally I will immediately delete the widget if the user does not have Informative Post Titles. When the feed titles are "Link Summary 4-16-09" and "Link Summary 4-15-09" etc. then I am not likely to glean much interest in the future when I visit my iGoogle SocialMedia and SEO News dashboard. If I can't scan the headline/title and understand in 1 second or less, "is this of interest to me NOW?" then I won't ever spend the time to dig into the information further. There is just too much coming at me.

RULE #1 Make the Title of your post relevant, clear and meaningful.

If you are going to be cute, make sure you get the clear message across as well. Otherwise, why bother posting it. Unless you are Guy Kawasaki or Steve Jobs, I am not likely to browse your "Link Summary" posts. EVER.

My iGoogle Dashboard - InfoFeed #1

What you can see from here are the widgets on my "WordPress" tab. Also you can see my other TABS.

  1. Home (my initial, general purpose TAB)
  2. Darn Funny (Colbert Report etc.)
  3. Dell and Competitors (cause I still care about'm)
  4. AAPL (Apple and all things iPod, iPhone and Mac related)
  5. Webmaster Tools (Google's Webmasters Tools widgets)
  6. Social Media (RSS feeds from around the SM planet)
  7. JMac data (most of my various feed varieties)
  8. SEO SEM (search and search engine marketing)

And here's an interesting kicker: I can email you any of these TABS and you can have them just as I have the ADDED to YOUR iGoogle page. I'm not promoting that here, but I have made several TABS for friends and clients and then sent them the email containing all of the data, widgets and settings that I created for them. Then, if it's not a TAB I am directly interested in, I delete it from my dashboard. But that is a pretty powerful feature when you think about it. [And if you are interested in any of my TABS let me know.]

@jmacofearth
permalink: http://bit.ly/infostream-1

[NEXT] INFOFEED #2 Tweetdeck

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future posts

A Collaborative Space: WebEx, Go-To-Meeting, Skype, Basecamp (Teaming/Meeting Tools)
Twitter Problem: How do you find enough interesting people to follow? Then how do you keep up with them?
The Agile Mind: Construction, Evolution, Care, and Feeding Instructions for Mental Flexibility

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