The Top Six Reasons Companies are Still Scared of Social Media

By (Socialmedia.com)1- Employees will waste time with social media. Many large corporations block their employees from accessing the Internet altogether. Others try to block employees from accessing personal email or social networks like Facebook during work hours. In May, 2009, according to emarketer, there were 29 million smartphones in the United States. That’s a lot of Internet access available to workers everywhere – and employers can’t stop us from accessing the Internet – on breaks, at lunch, in the bathroom, you name it. The value to workers of having Internet access – in terms of research, communication, and speed – is far greater than the threat of lost productivity. Companies have a right to make policies and rules about personal use of the Internet, but blocking it during work is just stupid. 2- Haters will damage our brand. “What about the haters?” is the first question that comes up at my corporate and conference social media workshops. “What if people say bad, mean, nasty things about our brand?” Well, there may be things you need to change about your brand, and in that case, you should thank them for letting you know what they are. Then you should make changes. If you have built an online community that includes people who don’t hate you, that community will rise to your defense and they will handle the problem for you. Bonus Link: Starbucks Social Media Monitoring & Community Help It Survive Brand Attack 3- We’ll lose control of the brand. Listen up: every person with a computer and even a tiny skill level has the tools to make their opinion about your brand heard by other people. They’re already talking about you. Message control is an illusion. Give it up. Your workers are talking about you in closed Facebook groups designed to keep you out so they can talk about you in peace. Your customers are emailing, Tweeting, Facebooking, and that old standby – calling – their friends about their experience with your brand. You don’t have control. You might as well join the conversation. At least that way you can influence what is being said. 4- Social media requires a real budget! It’s not really cheap, or free. While many social media tools are free, knowing how to use them takes experience and perspective. The boss’ friend’s high school or college kid can’t integrate social media into the company’s overall marketing. That requires experience and perspective. Having a large social network and a stellar online reputation helps too. Just as there are carpenters who can knock together a book shelf and master carpenters who can create objects of genuine and lasting beauty, there are thousands of social media gurus (of all ages) who’ve never worked for an actual client. Hire them at your own peril. Geoff Livingston said it beautifully in a recent post: “Parroting and/or reporting what you see on the Internet does not equate to actual savoir faire. Nor does it make someone fit to offer insights or counsel.” Bonus links: Brand Week: Kraft Shells Out $12 million for a Trumped up Double-Stuffed Oreo Campaign David Berkowitz: The New Pricing Model for Social Media How much does a social media campaign cost? 5- They’re scared they’ll be sued. Oh puh-lese. Next! 6- They’re scared of giving away corporate secrets or that information on social networks will affect the stock price. If you don’t already have a social media policy, you need to create one. If you don’t trust your employees to talk to customers, or to represent the brand, you need to look at 1) your hiring practices, 2) your training practices, Bonus links: Everything you need to know about corporate social media policies Does your company have a corporate social media policy? IBM and Sun Do Jeremiah Owyang The Variance of Corporate Social Media Policies

A Little Piece of the Google Algorithm – Revealed

From (www.seomoz.com)  My post last week on the Google algorithm gave me the crazy idea to actually attempt to write out a rough outline of what the formula might look like. I’ve taken softplus’ suggestion and given it a go using a massively simplistic weight/factor expression: GoogScore = (KW Usage Score * 0.3) + (Domain Strength * 0.25) + (Inbound Link Score * 0.25) + (User Data * 0.1) + (Content Quality Score * 0.1) + (Manual Boosts) – (Automated & Manual Penalties) KW Usage Factors: KW in title tag KW in header tags KW in document text KW in internal links pointing to the page KW in domain and/or URL Domain Strength Registration history Domain age Strength of links pointing to the domain Topical neighborhood of domain based on inlinks & outlinks Historical use & links pattern to domain Inbound Link Score Age of links Quality of domains sending links Quality of pages sending links Anchor text of links Link quantity/weight metric (Pagerank or a variation) Subject matter of linking pages/sites User Data Historical CTR to page in SERPs Time users spend on page Search requests for URL/domain Historical visits/use of URL/domain by users GG can monitor (toolbar, wifi, analytics, etc.) Content Quality Score Potentially given by hand for popular queries/pages Provided by Google raters (remember Henk?) Machine-algos for rating text quality/readability/etc Obviously, this isn’t a perfect summation of the algorithm by any means, but I have a strong suspicion that if we were to see the exact algorithm in perfect form, we’d see that a lot of these factors are strongly reflected in the weighting. There would most likely also be a lot of the factors from this list, but for brevity’s sake, I figured I’d keep this post short and sweet. What do you think? Any big oversights or complete goofs in the above formula? p.s. Yes – I do think Google is using manual boosts, particularly when the query is of a navigational nature and they’d like to place the source at #1, despite the fact that it might not be strong enough to rank there by itself.

How To Become A Social Media Master Without Going Broke

By by Nick ONeill

After three years of blogging, I’m proud to say that my blogs are able to support me but if you are looking to get rich, you may want to look elsewhere. Making money from blogging and other social media channels is extremely difficult on its own. Yes, there are plenty of ways to make money online but if you’re trying to figure out how that favorite blog of yours is managing to keep up to date with so much content, don’t jump to the conclusion that they’re making a lot of money.

Five Steps To Becoming A Professional Blogger
I use blogging as one of the most basic social media activities. While there are numerous other activities that content creators can participate in, blogging is one of the most popular. In order to generate a living from blogging there are a number of things that you have to do. Most importantly though: don’t quit your job anytime soon expecting to make a living from blogging because for most, it just doesn’t work out. However if you have the drive and are passionate enough to stay focused for long enough, you can most definitely pull it off. Below are five tips that I suggest for making it happen:

Step 1: Pick A Big Niche
This is probably the single most important step. While you can adjust your niche overtime, you don’t want to jump from topic to topic and eventually make your original readers feel left out. The niche that you select will guide you throughout the future. When I began AllFacebook, I just figured that Facebook for developers, marketers, and small businesses, was a large enough niche. It may in fact be too large of a niche but so far it appears to have done well.

Spend some time brainstorming a topic that you’ll be willing to cover for years to come. Then head on to the next step!

Step 2: Select A Good Domain
Your domain is one of the most important components of building a successful company. Not only will it help drive search traffic with a smart domain but it can help your visitors come directly to your site if you pick it right. Picking a good domain is a pretty straight forward process: brainstorm some names, see if their available, and then pick one if it is or make a bid to acquire it if it isn’t.

Step 3: Regularly Update Your Site
Now that you’ve got your site up and running the most important thing is to have a consistent frequency for your posts. Whether it’s multiple times a day, once a week, or once a month (which I don’t recommend), you need to update your site regularly. To get visitors returning to your site you need to build a reputation of being consistent. Keep in mind that if you over commit yourself to the amount of content that you’ll be pushing out you can get overwhelmed.

Commit yourself to a reasonable volume of content and focus on quality. Eventually your subscriber base will begin to grow.

Step 4: Monetize From The Beginning
It’s a good idea to start off with ads on your site if you plan on adding them later. Otherwise you could risk angering your readers once you fill up your site with advertisements. Start off with ads and even if you don’t have anyone sponsoring you, help out a friend and place their ad on the site! If you plan on attracting sponsors you need to show that you have other sponsors. As the saying goes … fake it ’til you make it!

Step 5: Pursue New Revenue Channels
Once you’ve built up a sizable audience and you’ve got sponsorship revenue coming in the door, it’s time to look for new opportunities. Whether it’s hosting conferences, selling higher end content, or promoting a new product that you develop, you need to have multiple streams of revenue. Brainstorm new ideas while you are continuing to build out your content. It may not be easy but relying on a single stream of income can be dangerous.

Build Your Brand And The Money Will Follow
Whether it’s your blog, your Facebook Page, your Twitter account, or anything else, you need to be building a consistent brand. As you build your personal brand and company’s brand, you’ll begin getting more inquiries for business. Unless of course you’ve built you brand around an “unmonetizable” topic (which is pretty difficult to do). If you picked a good niche and have successfully built an audience you have something that can be turned into plenty of money.

Expand Into Other Channels Slowly
It’s smart to be on Facebook, Twitter, all while creating a blog but doing that on its own won’t attract a large audience. Instead you need to spend time on each new channel that you enter and invest in building an audience through each channel. If you just set up a page and post links to subscribe there, you aren’t doing all you can to maximize the impact of each channel. By interacting with your fans on each site, you will be able to build relationships and mini sub-communities around your brand rather than simply building extensions of your web site.

Learn About Traditional Online Marketing
The last thing that is critical to success in social media is learning about traditional digital marketing techniques. Whether it’s pay per click ads, search engine optimization, landing page optimization, sales copywriting, or any other form of online marketing, you need to understand all aspects. Social media is an amazing channel for promoting a brand and getting customers, but to be a true online marketing ninja, you need to sharpen all swords!

Don’t get overwhelmed with all the skill that you need to learn. Take your time to learn each one and eventually you will have a great business on your hand. Just don’t quit your job before you’ve started making enough money to support yourself!

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