Posts Tagged ‘social netwoking’

The Value of Social Media Marketing

Tuesday, January 26th, 2010

Since the introduction of MyFace (a term I use to describe the MySpace/Facebook craze), Twitter, etc., Social Media Marketing has taken the front seat, in the drive to establish/maintain a Company’s brand and positive reputation; both in Search results and the e-marketplace. Popular social mediums provide a wealth of consumer-generated data, that satisfies the Search Engines’ desire for fresh, query-relevant content; that is both informative and engaging.

For a number of years, Search giants like Google have echoed the importance of current and relevant data; displayed on Web pages. Now, with the introduction of Universal Search, real-time results and Google Caffeine, it appears that Google (for one) has recognized the value of current user-generated data; and afforded it the appropriate weight in it’s algorithm.

Search Engines recognize that every second, millions of active members are contributing and sharing insight, knowledge and experience; in social communities and blogs, around the globe. This generates a pool of fresh, query relevant data; that can be searched and indexed routinely. Often, this information (albeit proven or dis-proven) provides more up to date information, than that found on the outdated Blog posts and forgotten Web pages; that often litter Search results.

The inclusion of MyFace and Linkedin pages/profiles, Youtube videos- and now the introduction of  Twitter to search results;  affords Internet marketers a valuable opportunity, to increase their client’s exposure on the World Wide Web.  Utilizing popular social venues, businesses should take advantage of this valuable opportunity to generate relevant, keyword rich and optimized daily content; that promotes their products/services, and improves Search Engine placement.

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Social Media Marketing- How Much?

Thursday, January 22nd, 2009

A company’s confidence in social media marketing directly corresponds to the company’s readiness for change.  Most online merchants have a firm understanding that social media marketing is critically important; however, they’re not certain how much it will help or cost.  The answer depends a great deal on the individual business and situation.

Social media solutions target customer relations; improving consumer satisfaction, trust and loyalty.  As such, these innovative practices will help to establish your Company’s brand and improve your over-all reputation in the marketplace.  Clearly defined, social media refers to online technologies and practices used by people to share opinions, insights and experiences with one another.  Consumers actively share information and experiences by way of text, images, audio or video; and deliver it to the Internet population utilizing:

• Blogs,
• Message boards,
• Wikis,
• RSS,
• Podcasts and
• Social Networking websites.

When determining the duration and cost of a social media endeavour, you must clearly define your company’s:

1. overall marketing budget,
2. target audience, and
3. reasonable expectations

By carefully studying these contributing factors, marketing professionals can determine how much social media marketing you need, and what kinds of social media marketing you can afford.

It is very common for social media marketing campaigns to the billed at an hourly rate.  Often, the purchase of a minimum number of hours is necessary; encouraging merchants to embark on small campaigns, as part of a larger endeavour.

Be prepared to allot a minimum of $1000 to set up and launch a targeted and effective, social media campaign.  Furthermore, ongoing maintenance, participation and expansion will incur additional costs that could exceed the initial investment.  The 20 to 40 hours a month that is dedicated to your social media success, validates the cost.

 TWMG- Corporate Web Development

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