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What is Social Media Management, and Why Should You Care?
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By: Laurie McCabe, Partner, SMB Group Published: 9th March 2010 Copyright SMB Group © 2010
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What is Social Media Management?
As described in the column What
is Social Networking, and Why Should You Care?,
Internet-based social media make it easier for people to listen,
interact, engage and collaborate with each other. But, as the
volume of social media venues and conversations rises, it quickly
becomes a time and labor intensive process to effectively track,
converse, monitor and manage them.
Social media management solutions can help you manage outbound
and incoming online interactions—along with other marketing
activities—in a more efficient manner. They streamline and
consolidate how you listen to and participate in relevant
conversations in the different places theyre taking
place—blogs, social networks like Twitter or Facebook, and
other public and private web communities and sites. They help you
to more easily monitor what people are saying about your
business, and by automating the process of delivering your
outgoing messages through multiple social media outlets
simultaneously, help you to amplify your social media presence
across several social media sites.
Social media management tools can also help you to integrate
social media activities with other marketing programs. These can
include both other online activities, such as web site, search
engine marketing campaigns, contact management systems, and email
marketing, as well as offline marketing, such as events or white
papers.
Why Should You Care?
We all know how important word of mouth is, and social media is
like word of mouth on steroids. As a business, it's vital to tap
into and join online conversations, not only about your brand,
but also those about your competitors, your industry and your
areas of expertise.
Even if you havent launched an outbound social media strategy,
you to keep a pulse on what people are saying—good or
bad—about your company, competitors and major trends. And,
by representing your company in a positive, authentic way, you
can build credibility for your expertise and business, and link
to customers and prospects quickly. You can also help mitigate
damage should negative conversations about your company emerge by
proactively responding to complaints. Social media can also steer
people to your other marketing programs, where its easier to
individually track and manage individual customer and prospect
interactions.
Done right, social media can help you better understand prospect
and customer needs, and increase visibility and generate leads.
But it takes a lot of time and energy to stay on top of all of
this in a manual, piecemeal fashion. Think about the time it
takes to just to cover some of the basics, such as:
- Creating content in multiple places, such as a blog, Twitter,
a Facebook page, etc., and monitor and scan the views, decide
what comments to approve, and respond to replies on these sites.
- Scanning Twitter followers for conversations you may want to
join, or checking your RSS reader subscriptions for relevant
articles and new ideas.
- Checking Google Alerts to see when and where your business is
mentioned on the Web.
- Creating and monitoring a community and topics on a site such
as Facebook or LinkedIn.
Now think about the fact that the social media to do list is only
going to grow. And while you are building goodwill, relationships
and awareness, it's difficult to measure short-term payback on
social media efforts. And you can't abandon other marketing
activities—web site, search engine marketing, email
marketing, etc. and contact and sales management. Social media
management tools give you a way to get your arms around the
many-headed social media Hydra by streamlining and integrating
customer interactions across multiple marketing venues.
What to Consider
There are dozens, if not hundreds of solutions out there that let
you manage/integrate different slices of the social media pie,
but we are still searching for the Holy Grail in this relatively
new area. However, I've spotted a few vendors that have put
together some more comprehensive solutions designed and priced
specifically for small business budgets, including:
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BatchBlue's BatchBook, a
"social CRM" offering that integrates contact, sales and social
media feeds, with mobile versions for iPhone and BlackBerry.
The social media integration is cool—after you enter
social media feeds from Twitter, blogs, LinkedIn, etc. on a
contact record, you automatically see a contact's social
networking profile, and the last three posts, tweets and/or
other entries when you open the record so that you can keep a
pulse on customers and prospects. With lists and reports, you
can build lists, or create customized reports. BatchBook
integrates with Mailchimp so you can send email newsletters to
your lists. BatchBlue gives all new users a minimum of 2 hours
of 1–1 consulting time to help them get productive as
quickly as possible. Pricing ranges from $9.95 to $99.95 a
month, based on the number of users, storage, and 1–1
consultation time you need. My take is that BatchBlue is a
great solution for tech-savvy small businesses, especially
services businesses where every relationship counts.
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CloudProfile gives
SMBs a unified content publishing and social media hub and web
presence, which businesses can use standalone in place of web
site, or with their existing web site. You create an online
profile, which enables your business to get found in search
engines like Google, business directories, and on social
networks. It helps you find and connect with customers on
Twitter and Facebook, and offers tools such as click-to-call,
text messaging and e-mail marketing to help you stay connected
with customers. CloudProfile provides built-In reports and
connect to Google Analytics. The company plans to add PayPal
and Amazon checkout and appointment scheduling soon. Pricing
starts at $14.95 a month. A very good choice for the
approximately 40% of small businesses that don't yet have a web
site—gives you an online presence plus social
capabilities.
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HubSpot helps companies
create, optimize and promote their content. HubSpot features a
blogging platform and a content management system, and tools to
help analyze your marketing reach via blogs, leads, Facebook
and Twitter accounts. It provides links to conversations across
the Internet related to your business keywords in one tidy
dashboard. The Web Voter feature enables you to create a social
news page on your site, where users can submit links and vote
on them—creating an activity hub for discussion of hot
issues. HubSpot also provides Keyword, Page and Link Graders,
to help optimize search result rankings. Optional integration
with Salesforce.com
CRM is available. HubSpot charges an initial $500 start up fee,
and ongoing pricing starts at $250 per month. It also offers a
number of free tools, including Graders for web sites, press
releases, blogs, etc. HubSpot, who we interviewed for a
video a couple of weeks ago, provides a very comprehensive
solution for both small and medium businesses.
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ZooLoo provides a one-stop
shop to get an online presence and manage social media
interactions—including domain name registration, web site
creation, a blogging platform, SEO tools, privacy controls,
storage, and tools to connect across social networking
sites–along with a personal dashboard to manage all of
it. Some tools, such as the Graffiti blogging platform that
lets you share posts across your social networks, are free.
ZooLoo charges for other things, such as domain registration,
web sites and privacy controls. ZooLoo’s
fee-based services range in price from $1.99 to $9.99 per
month. Although most of it’s current users are
consumers, ZooLoo is a great fit for entrepreneurs—and
the Facebook-like interface makes it easy for anyone to get the
hang of.
As you can see, these companies come at the social media
management conundrum from different angles. So as you evaluate
these and other offerings, think about what is most critical to
your business. What are your key objectives for your social media
investments? Where do you spend the most time manually scanning,
managing, updating and integrating across social media streams
and more structured marketing activities? Where are the gaps?
There is no one-size fits all, so start with your own
requirements and objectives to help start taming the social media
Hydra.
(Originally published on March 4, 2010, in Small Business
Computing)
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9th March 2010: 'Avery Otto' said:
Thanks, Laurie. This gives a great overview for small business in
the area of social media tools. I will pass this post onto some
of my clients. As a community manager, change is always on the
horizon, as well as in my daily chores. On the other end of the
social media spectrum is social behavior changes that will make a
difference to business. Read:
http://www.dynamicalsoftware.com/future/community/management
Reply to Avery Otto?
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