And is that even a valid question? I pose it because there has been a recent rash of news from large corporations concerning their social media strategies. For example on May 28th, the Charlotte Observer reported that Duke Energy named Michelle Pearson as their
social media director. I even found a
blog that dedicates itself to recognizing people being named into such roles all over the corporate world like companies such as Microsoft.
This rising trend is evidence that social media as part of a business' overall communication and marketing strategy has hit the mainstream. So do small businesses need to adopt this same strategy to compete? And if so, how do they do it when many small business owners wear the hat of CEO, CFO, marketing director, HR director, sales and service and much more all in one.
The answer to the first question is yes it is worthwhile to include some aspect of social media into your communication and marketing plan. The key word is "some" and by it I mean what works for you - both in terms of what you are able to realistically do and what actually connects with the people that are worthwhile for your business. Both fortunately and unfortunately, there are new social media sites cropping up all the time. They are geared to specific
genders, sizes, and industries. So most likely there is a site that will work for your small business. The hard part is figuring out which one and the trap you want to avoid is feeling like you have to join every single site to keep from getting left behind.
The answer to the second questions is if you haven't entered the world of social media yet or you've dabbled but not quite figured out the best approach, here's a plan that helps small business owners get started without getting sucked into an ineffective one size fits all approach.
- Make a plan: Actually sit down and review your current communication and marketing plan and think through how social media can enhance it. First ask yourself if your customers are likely to use social media. If the answer is no, then your social media plan should be minimal. If the answer is the majority, then you need to seriously consider how to incorporate this into your strategy. Finally, set goals on what percentage of your marketing budget (include your time here because most sites are free but your time is not) should be spent making connections.
- Select the Social Media Sites Appropriate for Your Business: Rather than joining every site that comes on your radar, set aside some time to actually research and analyze the 2-3 sites that will bring you the most bang for your buck (or really your time because that's what will be expended). Research the internet, ask colleagues, read your local paper and industry publications. And finally, check the websites of your competitors - if they are using linkedin, twitter or facebook, they will usually have links to their profiles on their business sites.
- Create One Strong Company Profile: Once you've picked the sites you want to join, review the company profile template of those sites. Most are quite similar so you can save yourself some time by crafting a strong universal company profile that can be used on all of the sites your join. Then if there is specific information required for individual sites, you can focus on that to further showcase your business and your passion.
- Make wise use of your blogs: If you already have a business blog and find it hard enough to write entries for it, adding conversations on social media sites to your to do list can seem nearly impossible. If you write it, you own it so make double use of the information you share on your business blog to start or join in on a conversation on social media sites.
One last thought. The key to social media is creating a continual stream of dialogue. The difference between an effective and ineffective social media strategy is whether you consider it a hassle to keep up with or you've created an easy habit that you enjoy doing. If it's a hassle, you will resist doing it and it will never take off. If you've crafted a doable strategy that you can successfully make a habit, your social media strategy will pay off.
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