Posts Tagged ‘Business/Finance’

Nothing better than investing an hour with two of your best friends.  It is always great to have allies and friends across the globe who share the same mindset and goals in life.  This is what happened on July 28th, my good friend Daniel Gutierrez who hosts a business webcast each week on blogtalkradio.com invited me and my mentor Bob Burg onto his program.  Danny’s show is similar to what I do with the Ulistic Orange Files, a small business webcast focused on delivering practical business advice to small business owners globally.  I was blessed to be even consider by Danny for his show.

You can listen to Daniel, Bob and I by tuning into the recording of the show.

Besides listening to Bob and Danny speak on the Go Giver philosophies and the critical stratospheric laws of success.  I had 30 minutes to chat with Danny about social media and the future of online marketing.  Lots of stuff to cover and 30 minutes is hardly enough time to really dig deep into the key points that business must really look at in order to really hit a home run with social media and all their online marketing.

I did share with Daniel the importance of having your business plan and your marketing plan figured out first.  I may sound like a broken record here and I know I have mentioned countless times on my blog about the importance of your plans prior to moving to execution phase.  However, many still simply jump to execution and have no real business plan.

Another topics we discussed was the continued importance of meeting people face-to-face and how we can leverage social media and other strategies to enhance our overall business communication strategies.  Social Media doesn’t replace face-to-face, it enhances what we do today with our business communications and even those relationships outside of business.

I also shared with Daniel on the importance of your small business doing your homework before rushing out and hiring the first living or breathing social media consultant.  You need to do your homework and find the right fit for your business.

Thank You Danny and thanks Bob for being my partner in crime.

What a concept, is your social media generating revenue for your business?  Directly or indirectly?  Are you making a return on your social media efforts either a return on the investment or a return on the opportunity.  We are in business to serve the community and to get paid for providing these services, correct?  Enough of the fluff.  Is your social media activities generating leads, prospects and interest from those who will buy your products and services.

When did this “group hug” thing start to over take good business decisions with social media?  Many of my colleagues in traditional marketing may never say “Go ahead and send out your postcard campaign and share information on what someone else is doing”.  So why is this acceptable behaviour in social media?

When did we lose our focus around what are business is truly here for?  Was is Napster?  Was it software piracy?  Was it this Freemium mindset? Was it illegally downloading movies?  Is it this lifestyle or behaviours that have swung our society into this mindset about not promoting our organizations or offering our products for sale.

Sure, you know what…believing others before the corporate message has been around for a long time.  It is called “word of mouth” and referrals from colleagues is nothing new, we have been doing it long before Facebook or even computers were on every desk.  But, some folks out there are telling business that social media is not for promoting your business or attempting to reach new markets.

Hey, I even drank that kool-aid until I met with my banker and he told me…great stuff Stuart but how are you going to pay your mortgage?  We don’t accept your goodwill here?  That was all I need to hear!

Your business is in business to serve the community and to get paid accordingly for these services you provide.

BTW, I am not talking about a free ticket to SPAM but we need to make sure our messages are around service, education and then “YOUR CALL TO ACTION”.

I highly recommend we focus on serving our community and also focus on the bottom line of our business.  Understand real marketing metrics and not some “social currency” that is truly worthless in the real business community.

You are in business to serve and get paid for the services you provide.

How do you see the Social Media Landscape?

Author: Stuart R. Crawford

This post may ruffle a few feathers especially here in our Calgary Social Media consulting world.  But what the heck, sometimes I learn from Vladville and gotta upset the apple cart from time to time.  I am only writing this because I care enough about Canadian small business to raise a flag on all the “so-called” gurus out there ready to take your money and give you nothing in return.  Buyer Beware and do your homework before giving your credit card number or writing a cheque.

How does the average Canadian small business see Social Media? What does your business think of those feverishly running around or continuous tweeting looking to pitch their services?  $100 off a strategy session here and promises to manage a company’s social media there. There is still a lot of promises about experts looking to fill the pipelines of Canadian small business with endless referrals become of their social media activities.

Sorry, I have to throw my BS flag here. Just because you have a website and sent out 5 tweets doesn’t make you a marketing expert.  Our team at Ulistic are serious and professionally trained consultants and a team who works strategically with business across the globe.  We take an exception to those social media gurus out there who think they can save the day with a simple Facebook Page and Twitter account.  Sorry, social media success is part of a greater marketing strategy and business plan loaded with KPIs and objectives.

There are some markets our team has a wealth of experience and some we simply have a basic understanding.  We know our strengths and appreciate our weaker areas.  I can’t promise that we will fill your pipeline with gobs of referrals.

What if no one is looking for what you are offering?
What if your sales team can’t follow-up on leads?

What if…what I can promise if you do things right and follow the new rules of marketing you can position yourself to win new potential opportunities, but I can’t promise you the phone will ring off the wall.  Those who promise this, sorry I simply don’t understand it.

With that, more and more social media consultants are popping up on the landscape claiming to save the day.  It is almost embarrassing.  The social media consulting space here in Calgary and across all of Canada is becoming extremely crowded.  Crowded  with social media consultants and self-proclaimed experts.  Those who have a family businesses to former golf ball and promotional products experts flying in to save the day with Social Media.

Wait a second here!

Here are a few things to watch out for when hiring a social media consultant for your business:

  • Is your social media consultant going to educate you and your team.  Your team must own your strategy.  A great consultant will share everything they know and use to help position your business for success.  Speaking from experience, our Ulistic Social Media Coaching program is in hot demand simply because we coach and work with the clients we serve to position themselves and be in the right spot, hopefully at the right time.
  • You as the business owner or leader must own the strategy, outsource the tactical but the business owner must own the strategy.  I can’t tell you what going to happen in your market.  But I can help you formulate and then execute a plan based on your own business intelligence.
  • Do your research.  When finding a firm to work with check some basic things.  Does their website look like some cheap or free template?  Does your social media consultant have a professional image?  How do they show up at your office?  Suit and Tie or T-shirt and shorts.
  • Never, Ever hand over any money without doing your background check.  Ask for references, talk with those in your industry and most importantly do your own Google search on the firm you are looking for.  If your social media expert is going to position you for online success, they better be high on the first page of Google.
  • Does your social media professional have deep strategic relationships?  What industry groups do they have membership in?  Who endorses their work?  Do your homework and ask the right questions.
  • Ask your social media expert for their P and L and income statements to prove they are a legitimate business.  Nothing wrong with asking for proof they are running a successful enterprise.

Real business needs real world consulting. Not someone who will tweet your specials and start a fan page on Facebook.  Your business is not going to win with social media alone, social media must be integrated into your overall marketing strategy.  A strategic marketing coach with specialities in online marketing, social media and search engine optimization can help your business understand this part of the strategy but also have resources outside of the online marketing world to help with the overall marketing strategy and business execution.

That is the end of my rant…here is my last tip to the business owner…Do Your Homework and Buyer Beware!

LinkedIn is one of the industry leading social networks and online communities in use today across multiple businesses and industries. LinkedIn’s focus on business-to-business networking and facilitating the sharing of ideas and strategies has won the trust of business professionals globally. Not unlike many of their counterparts, LinkedIn does have privacy challenges according to many CEO level executives. Many organizations are now reviewing their policies related to LinkedIn and how information propagates through this business social network.

More and more business professionals are turning to LinkedIn because of its overall effectiveness in the marketplace. However, many are unaware of the apparent risks to corporate contacts when setting up their LinkedIn accounts. There are many settings that are on automatically allowing for browsing of contacts and also leaving a trace of who visited another profile. Many organizations as part of their social media acceptable use policy are now requiring specific changes to LinkedIn privacy settings be made ensuring business contacts and information are kept confidential.

LinkedIn is build on a community and like many other online networks; they embrace the sharing of information and contacts. How do businesses balance the foundations of LinkedIn with the compliance and confidentiality measures of business today?

Read my white paper on the two required LinkedIn security settings.

Welcome to the age of the Internet.  I think it is pretty safe to claim this now.  Just look around you and there is no doubt that our online world is just as important as the face-to-face relationships we have.  For some, online is more important.

Cloud Computing For Business

One of the biggest shifts has been in business.  Business is now starting to embrace “the cloud” and the power of online applications.  Need proof, next time you fly, how many printed boarding passes do you notice?  How many people are using the smart phone to store their boarding pass?  More and more everyday.  Big business and small business are leveraging the power of the Internet to run their day-to-day business applications.

Even Microsoft has started to take notice. Well, they have been for a long time, at least 4 years since the first time I heard “Software + Services”.  Businesses across North America are flocking to Microsoft’s Online Solutions.  Many of them are turning to the Microsoft BPOS solution or solutions delivered by Microsoft Partners each day.  The online solutions market is heating up and taking off at an extremely fast pace.

The reality of the market today is that many small businesses are turning to Microsoft BPOS now versus having a server sitting in the back room doing nothing but email.  The next versions of the Microsoft Small Business Server will have a version that is cloud-equipped.  My understanding is that it will do nothing but authenticate your users and store files.  Sounds like a Foundation Server.

Join us for a free webinar

Ulistic is hosting a free webinar on Tuesday to help you get answers to hosting your business applications on the Internet.

Join us on Tuesday, July 20th at Noon Eastern/9 AM Pacific for a no charge 60 minute webinar that is geared to help you get some answers on what online service you should turn to.  Is it Google?  How about Microsoft Office Web Apps? Do you need a CRM?  What sort of backup strategy should I have?

Lots of questions and our goal on Tuesday is to help you get some answers.  Real world answers and the facts about the best online solution for your business.  For the past 6 months, I have been doing my own research, testing out many different online platforms.  We have also installed many different solutions ranging from Google Apps, Microsoft Business Productivity Online Suite and Hosted Exchange through one of our partners.  I have had my frustrations to say the least.

I will have these real life stories plus intelligence on what some Calgary business owners have been quoted recently and what you should expect to pay the service you choose.  The truth is this, everyone has an opinion, everyone has a favourite and everyone’s needs and tolerance for techy stuff is different.  What works for some, doesn’t work for others.

It is your decision, I can only share with you what I know.

Register for Is Your Business Ready For The Internet webinar on Tuesday.