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ng with Customers
by Herb on FFebruary 5, 20
011
Social Media Marketting for Smaall Business…
…Do You Neeed it?
by Herb Lawrence, ASU
U Small Busin
ness and Tech
hnology Devellopment Centter
Ask your sself these three simple questions:
Iss it important to your busin ness that you stay in touchh with custom
mers?
o get your marketing messaage noticed bby potential ccustomers oveer all the noisse?
Iss it difficult to
Are you operatting on a limited marketing budget?
If you ansswered YES to
o any OR ALL of these quesstions Social M
Media
Marketingg may be an aanswer to youur marketing challenges. SSmall and
large com
mpanies across the countryy have discoveered the mar keting
opportunities that the explosion of social media networking hhas provided
in recent years.
A few statts to ponder:
1. Over 700,000 s
O small businesss FACEBOOK pages have bbeen created to help small businesses
co
onnect with eexisting or potential custommers
2. 52 B professionalls have discovvered LinkedI n to be a com
2 Million B2B mpetitive edgge for finding,
co
onnecting and d do businesss with other b
businesses
3. 2550,000 videos are uploadeed to YouTube daily…250,0000,000 are vviewed daily
4. 41% of Businessses using Twwitter consideer it an importtant part of their marketin
ng plan
5. Sttudies have fo
ound businessses that Blogg convert 40%% more leads tto customerss than companies
without a Blog
w g
But arre your customers using so
ocial media a nd is the Inteernet really w
worth the effo
ort?
Well:
Americanss spend an average of 15+ hours per weeek On‐Line
One in Thrree Arkansanss have active Facebook accounts and m most check in daily
Faacebook userrs spend an avverage of 55 minutes a da y logged onto
o the network
Americans wattch 12.2 hourrs of on‐line V
Video each weeek
Americans oveer 35 are the ffastest growing segment oof social media usage
Odds are good…your ccompetition iss already usin
ng Social Meddia to connectt with YOUR p
potential
customers.
Why U.S. Marketing Executives are
e moving to So
ocial Media M udy from eMarketer
Marketing: stu
The first d
decade of the
e 21st Centuryy has seen tre
emendous ch anges in tech hnology that mmakes on‐linee
marketingg through websites, blogs, and social mmedia sites a rreality for anyy small busineess.
Social media allows yo
ou to connect with existingg customers too keep your bbusiness message in front of
them and establish reaal relationship
ps that will ke
eep bringing tthem back. M ntly, it can make
More importan
your custo
omers your bbest marketerrs for your business.
Because yyou are conneecting with peeople who care about learrning more
about youu, your busine
ess, and your products or sservices it meeans your
message ggoes straight to the peoplee you care moost about insttead of fighting
every other business trrying to shout their comm
mercials abovee the blah blah
blah.
To leveragge the massive
e potential off these new m
marketing too
ols you have tto:
1. Knnow the rules of the social media road –– Old marketing techniquees
don’t work and d in order to be effective yyou need to kknow the rulees of Social Media Marketing
2. Know which Ch hannels (social media netw works) your ccustomers or potential cusstomers prefeer to
usse and set up
p sites there
3. Know the bestt way to craft your messagges to get the best interacttion from frieends, fans,
ollowers, connections, etc.. that will putt money in yoour cash regisster
fo
4. Know the REAL cost of Social Media Marrketing to youur business an nd develop a Social Mediaa
Marketing Plan
M n that ensure
es you MAXIM MIZE the pote ntial of your on‐line preseence
What haave been the results for ouur training wo orkshops? We saw a 20%
growth in 2010 in Sm mall Business Workshop atttendees, oveer a 50% reduction
marketing exp
in our m ng our net income
penses that feed directly ba ck to boostin
AND CA ASH FLOW! Ou ur social meddia marketing has also connected us witth
small bu usinesses and
d entrepreneuurs in our reggion who foun nd us through h
social m
media and are e using the freee consulting services avaiilable from ou
ur
office.
The world
d of marketing is changing quickly…is yo
our small bussiness keepingg up? If not your competittion
is!