Want Customers To Friend You, Reach Out!

One of the questions I get most from small business owners is, How do they get customers to engage with them in social media? For example, once they’ve taken the time to build and create their Facebook presence, what’s next so that customers find them and begin to interact? Often we talk about how to drive fans to your Facebook page in terms of offering exclusive content, hosting giveaways, and leveraging other activities designed to increase engagement and awareness, but it seems we forget one thing:

If you want your customers to engage with you on social media, you have to ask.

eMarketer shared a survey done by DDB Worldwide and Opinionway Research and found that three-quarters of Facebook users worldwide who had “liked” a brand did so as a result of an invitation or advertising from the brand that they followed. Only 49 percent of all Facebook users said they had friended a brand after doing their own research.

Yes, you need to create a page that users will want to join and one that will bring value. But once you do so, you have to make sure that they know about it. And sometimes that’s as simple as letting them know that your page exists.

You have to use self-promotion to get the word out about the social account you’re trying to build up. As a small business owner, that may mean:

  • Sending out personalized Facebook messages to those in your hometown network.
  • Creating a street team to spread the word in their own networks on your behalf.
  • Putting a call to action in your company newsletter.
  • Promoting the accounts on your Web site or in your company blog.
  • Listing the accounts in all printed company material.
  • Linking all of your social media accounts together to make them easier to find.

Whatever you do, you have to do something. The research by Worldwide and Opinionway Research illustrates that just because a customer knows you exist, that doesn’t necessarily mean they’ll track you down in social media to friend you. If you’ve moved in next door, sometimes you need to ring the door and let them know.

Also stressed in the survey was the importance of keeping a customer’s interest once they do become a fan. According to the research, 36 percent of users who “like” a brand will eventually unsubscribe. Reasons for unsubscribing include losing interest in the brand (32 percent), the brand publishing too much information (27 percent) and not being interested in the information published (27 percent).  These numbers drive home the importance of being in tune with your audience and knowing why it is they’ve connected with you. What information/experience do they want and how can you offer that to them?

For small business owners on social media, the secret to success is to learn why your customers would want to interact with you via these new channels (what can they get on Facebook that’s not on your site?) and then making sure they’re aware it exists. It sounds simple, but sometimes it is. Because sometimes it’s simply about giving people exactly what they want.

From Small Business Trends

Want Customers To Friend You, Reach Out!

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Facebook testing ‘Stalk This Friend’ button – Social Media – Tech

http://homewealthproject.com/wp-content/blogs.dir/1/files/HLIC/caf087d21016b812c2609b21575e4312.jpg Facebook is reportedly testing a new subscription feature that would allow users to receive alerts any time… takes certain actions on the social network.
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What one thing do you say to encourage a friend who is searching for work? | LinkedIn Answers

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Consumer debt is not your friend

Here’s a simple MBA lesson: borrow money to buy things that go up in value. Borrow money if it improves your productivity and makes you more money. Leverage multiplies the power of your business because with leverage, every dollar you make in profit is multiplied.

That’s very different from the consumer version of this lesson: borrow money to buy things that go down in value. This is wrongheaded, short-term and irrational.

A few decades ago, mass marketers had a problem: American consumers had bought all they could buy. It was hard to grow because dispensable income was spoken for. The only way to grow was to steal market share, and that’s difficult. Enter consumer debt.

Why fight for a bigger piece of pie when you can make the whole pie bigger, the marketers think. Charge it, they say. Put it on your card. Pay now, why not, it’s like it’s free, because you don’t have to repay it until later. Why buy a Honda for cash when you can buy a Lexus with credit?

One argument is income shifting: you’re going to make a lot of money later, so borrow now so you can have a nicer car, etc. Then, when money is worth less to you, you can pay it back. This idea is actually reasonably new–fifty years or so–and it’s not borne out by what actually happens. Debt creates stress, stress creates behaviors that don’t lead to happiness…

The other argument is that it’s been around so long, it’s like a trusted friend. Debt seems like fun for a long time, until it’s not. And everyone does it. We’ve been sold very hard on acquisition = happiness, and consumer debt is the engine that permits this. Until it doesn’t.

The thing is, debt has become a marketed product in and of itself. It’s not a free service or a convenience, it’s a massive industry. And that industry works with all the other players in the system to grow, because (at least for now) when they grow, other marketers benefit as well. As soon as you get into serious consumer debt, you work for them, not for you.

It’s simple: when the utility of what you want (however you measure it)
is less than the cost of the debt, don’t buy it.

Go read Dave Ramsey’s post: The truth about debt.

Dave has spent his career teaching people a lesson that many marketers are afraid of: debt is expensive, it compounds, it punishes you. Stuff now is rarely better than stuff later, because stuff now costs you forever if you go into debt to purchase it. He’s persistent and persuasive.

It takes discipline to forego pleasure now to avoid a lifetime of pain and fees. Many people, especially when confronted with a blizzard of debt marketing, can’t resist.

Resist. Smart people work at keeping their monthly consumer debt burden to zero. Borrow only for things that go up in value. Easy to say, hard to do. Worth it.

View full post on Seth’s Blog

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Social Networking: Friend or Foe? – Entertainment

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Buying Established Online Business – No idea as to how taxing works! (UK)? | Quanrel Business

A friend of mine online was selling his online business to move away, and cannot continue his work. However, I already have a job, but I thought this…
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