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Lisa Hoover's picture
Lisa Hoover

The Evolving Web

The newcomer's guide to social networking

If you’re thinking of signing up for Twitter or Facebook to give your company a competitive edge, what I’m about to say may surprise you. It’s not strictly necessary to be involved in online networking to succeed in the business world. Don’t get me wrong, social media tools are terrific arrows in your marketing quiver, but they aren’t the right fit for every business model. Before you wade hip-deep into the social networking waters, make sure you need to be there in the first place.

No matter what marketing experts may tell you, it’s not absolutely vital to set up an online presence on every social networking site out there. Frankly, doing so may end up hurting your company’s bottom line instead of helping it. People often remark that managing your oline presence at sites like Facebook, LinkedIn, and Twitter are a giant time suck. Believe me, it’s true. An entire morning can fly by while you're busy Tweeting, Plurking, denting, linking, and updating just to stay on top of things.

All too often I see companies plot ways to develop a “social media strategy” without ever asking why they need to be there in the first place, or what they’ll accomplish once they arrive. One of the most interesting aspects of social media is that it’s so new no one really knows all it’s capable of doing, but that’s not a license to throw everything at the wall and see what sticks. Plan carefully and develop your online presence only where it makes the most sense.

Here’s where you need to start weighing your options and priorities. If you have a booming business as Scranton’s top dog groomer, you really don’t need to spend a lot of time connecting with animal lovers in Toledo. Of course, goofing off after hours on Dogster is a terrific way to keep in touch with your target demographic, but when it comes to drumming up business, you’re better off networking at your local Chamber of Commerce breakfast meeting.

On the other hand, some industries -- like consultants, freelancers, writers, and virtual assistants -- are a natural fit for online social networking. It helps you find referrals, generates word-of-mouth advertising, and lets potential clients check you out. Social networking puts a public face on your personal brand. Once you’ve established whether or not you need to be online, it’s time to put together a plan of action.

A call to arms

There is no shortage of Web sites that want to help you get your social groove on and the first thing you want to do is track down ones where your colleagues congregate.  Just about every profession out there has its own social networking niche, even some you might not expect. If you’re in a more traditional line of work, then you’re even more likely to find sites that are specific to your industry.

Web sites like LinkedIn or Toolbox.com are geared toward the working professional and are about as granular as you can get when it comes to networking. They not only promote one-on-one contact with colleagues over shotgun blast networking, it’s virtually expected. Start small and pick only one or two industry-related sites to get you started.

Once you’ve met and connected with your peers, start dabbling in some of the broader online networks where you may meet potential clients or customers. Twitter and Facebook have the most name recognition (for now) as social media hotspots but don’t discount sites like Ning or Tribe. These types of sites spawn smaller niche groups that are more focused and less overwhelming to learn, but still expose you to others outside your immediate professional circle.

Once you’ve registered with a some networking sites, ask a peer or colleague to introduce you to their online friends and followers. Some will reach out to welcome you and, before you know it, you’ll slowly begin building your own network. Remember, you’re not trying to reach every potential referrer or customer overnight.

For better or worse

A common question I hear often is whether certain social networking sites are “better” or more acceptable than others. Both are a matter of personal taste and also a bit industry-specific. For example, some social networkers don’t consider MySpace as a particularly acceptable site to see and be seen. It used to be quite popular, but now it is often viewed primarily as a place for the teen set to gather. On the other hand, if you’re looking to promote hip new music or a trendy clothing line, MySpace may be a perfect fit.

As for which networks are better, that depends on what you’re looking to get out of being involved in them. If you want a fairly one-dimensional way to share industry-related information you find online, then a social bookmarking site like Delicious might be what you’re after. If, on the other hand, you want to communicate with clients in real time, a micro-blogging site like Twitter is the way to go.

As you make your first foray into the world of online social networking, above all don’t let it intimidate you. Although there are some best practices worth knowing, getting involved is just like going to a cocktail party. Start small, don’t try to meet everyone all at once, focus on those you do meet, and let things unfold naturally. You’ll be a networking leader in no time.

What advice would you give to someone who wants to give social networking sites a try? Let me know in the comments.

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Think twice when you engage in social media

Interesting point of view Lisa. As founder of the Social Media Academy and one of the early adopters you may expect me to rant about your position but at least I have to say - YES, think twice.
Unlike you I believe Social Media is absolutely for every business, no matter what type of business you run, but you need to know what you are doing. And further more I totally disagree that social media is just am arrow in a marketing quiver. We show in effect tomorrow 4/24 in our free webinar, how social media is used in sales, support, product design, logistics, procurement and engineering. As long as we deal with people - social media makes sense.

BUT here are reasons to NOT invest in Social Media:
If you believe in the "low touch sales model", call center outsourcing and try to get rid of the disturbing customers who just distract you from your "real" work, then don't go the social media route. It would be even more distracting.

@AxelS
socialmedia-academy.com

Narrow View Axel

AxelS,

I think your view is rather narrow, and your tone is definitely demeaning. Most B2B companies do not have the need to create a presence on MySpace or another social media site (did you ever hear of a mechanic go looking for a parts dealer on a social media site?). I would even go so far as to say most individuals involved in obtaining parts and supplies (i.e. maintenance techs) are prohibited from visiting MySpace, FaceBook, and other such sites (let alone have time to deal with tweets).

Social media may be great for companies dealing directly with the public, but do not assume that a company that chooses not to have a presence there is not customer-focused. Believe it or not the world does not revolve around social media sites. I agree with Lisa that they should be treated just like any other marketing tool.

Arrows

Hi AxelS,

Thanks for the great points you make. What I meant to say when I refer to social media as an "arrow in a quiver" is that it's but one tool in the whole toolbox of marketing options. That'll teach me to use imaginative metaphors before my morning coffee. :-)

Thanks for reading!

Lisa

Thank You Lisa for Newcomer's Guide to Social Networking

Lisa: I focus 100% of my professional, social networking time on Twitter and LinkedIn. I really appreciate your post and you mentioned some new tools that I haven’t investigated yet (i.e., Ning and Tribe). Thank you for sharing these insights!

Here is advice for someone new to social media networking. The described example explains how I use Twitter in cultivating important professional relationships.

I opened my Twitter account in March 2009, and have been tweeting daily on M&A activity and corporate strategy in the pharmaceutical/biotech industry. My objective is to build credibility and influence with the most influential bloggers and Twitterers in my industry. In my position, it’s imperative that I build relationships with these individuals because they can have a significant impact on how our clients perceive our organization’s thought leadership and consulting capabilities.

I specifically focus on the 20 individuals cited in this article by eyeforpharma.com: Pharma’s Twitter-pated! (March 27, 2009) http://bit.ly/2ck4Mx

My hard work is paying off because 60% of eyeforpharma.com’s Top 10 Pharma Twitterers/Bloggers now “follow” me. I know I earned these followers, literally one hard, earned tweet at-a- time. They didn’t fork over their trust simply because their Twitter accounts are defaulted to “auto-follow.”

To achieve this result, I employed what I think are just good manners and online etiquette:

* Always cite within the tweet, the news source or individual source with the accompanying URL

* Re-Tweeting (e.g. RT’ing) and thanking the influential person who sent the insightful content

* Focusing my Twitter updates on news content relevant to either pharma/biotech or my passion for technology, or digital marketing/social media strategy. I simply don’t send out updates on “what I had for breakfast” or how many followers Ashton Kutcher has of this hour.

Building a reputable and credible online following or Tribe (if I may quote Seth Godin) via Twitter, LinkedIn, or other social media venue doesn’t happen overnight. Social media may be “new school” marketing and PR but building meaningful trust and relationships still requires “old school” etiquette and good manners. And if you earn trust, you build the core foundation for sound business execution.

My sincere thanks for your thought-provoking post Lisa.

All the best,

Tony Faustino
http://www.google.com/profiles/Tony.Faustino

So true

Hi Tony,

You're so right when you say, "Social media may be 'new school' marketing and PR but building meaningful trust and relationships still requires 'old school' etiquette and good manners."

Coincidentally, I was just chatting with someone about this topic and remarked that social media tools like Twitter are such a great vehicle for promotion and marketing *if* handled responsibly. One of my biggest fears for this newly-evolving concept is that signal-to-noise ratio will become to loud and people will give up before it gets completely off the ground.

Thanks for reading!

Lisa

Reply on Managing the Signal-to-Noise Ratio

I share your concern regarding the signal-to-noise ratio not only on Twitter but also with the multitude of social networking sites exploding everywhere. Here’s how I try to manage the social media signal-to-noise ratio relative to Twitter and other social media sites:

* Focus on Tweets that you know your followers have opted-in for. Since your followers know what subjects you will cover on Twitter (based on your profile description), you’ve been given permission. In other words, don’t violate the privilege of their trust by sending out updates on the lives of celebrities. Focus, Focus, Focus.

* Remember, you are under no obligation to follow someone just because he/she chooses to follow you. When someone grants me the privilege of “a follow,” I always review their profile and a stream of their most recent Tweets. My purpose for following someone is to learn information/content that will help me professionally (and I hope that’s why he/she chooses to follow me). Following multiple Tweets and reading the articles they reference is a significant time investment. That’s why I live by the philosophy that the quality of one’s Twitter followers is exactly what you deserve. Provide quality Tweets and you’ll attract quality business contacts.

* Utilize the filter function on TweetDeck to prioritize/segment the information of the people you follow on Twitter. I segment these groupings by industry, professional networking groups, and business topic. I’ve purposely focus on select segments because my brain can only handle so much capacity (i.e., pharma/biotech, social media, technology, and marketing).

* Select only a few social media sites where you will invest your time. For me, it’s LinkedIn, Twitter, Facebook, and Delicious.com. I know multi-tasking is a 21st century badge of honor, but I choose to focus on doing a few things well.

5 Things You Need to Know About Social Media Marketing and PR

Lisa,

I couldn't agree more. Social media is more about jumping on the bandwagon. It takes a lot of work and while a lot of companies feel an urge to hurry up and start social networking, it's worth putting in the time to start small and learn. I recently wrote down five tips I've learned about the "underbelly" of social media, but I know there are a lot more!

Thanks for this post!