Twitter Should Listen to Warren Buffett. He Was Right in 1999.

I am in the process of reading Alice Schroeder’s book entitled The Snowball: Warren Buffett and the Business of Life. The book is a massive source of information about the life of Warren Buffett. Needless to say the book is unbelievable! I love to read about the life of people who, in my opinion, have lived a valuable and influential life.

At the beginning of the book Alice recounts an event from the Sun Valley Conference in Hailey, Idaho. Allen & Company, a boutique investment firm in Hollywood handles the event inviting such notables as Bill Gates, Oprah Winfrey, and Rupert Murdoch.

In 1999 Warren Buffett was asked to be the keynote speaker to end the conference. This was a special year because the conference was filled with Internet tycoons ready to embark on billion dollar ventures in the new year. They were invited and were making the most of rubbing shoulders with the richest individuals around the world.

The Internet tycoons walked into the conference room that day hoping for a glowing reception and the blessings from one of the greatest investors of our time. What they received was quite the opposite.

Warren Buffett practically dismantled the belief in the new Internet startup companies. He likens the Internet Boom to that of the airline industry:

“…So I submit to you: I really like to think that if I had been down there at Kitty Hawk, I would have been farsighted enough and public-spirited enough to have shot Orville down, I owed it to future capitalists.”

“It’s wonderful to promote new industries, because they are very promotable. It’s very hard to promote investment in a mundane product. It’s much easier to promote an esoteric product, even particularly one with loses, because there’s no quantitative guideline.”

Warren Buffett, pg 19.

Most of the venture capitalists and entrepreneurs left the meeting slightly chuckling at “old Warren’s mistake.” They found out later that he was exactly right.

Web 2.0 companies should listen to Warren Buffett. He has always cautioned the vamping of over-promoted companies and increasing investment in techonolgy companies with no substance.

“You can get in way more trouble with a good idea than a bad idea, because you forget that the good idea has limits.” -Warren Buffett, page 21

I have always been a skeptic of increasing investment in social media and web 2.0. I do love the sites and I love the fact that they are free. I have a problem with the valuation of multiple billions of dollars for the site like Twitter.

This is a dangerous game we are playing when it comes to the multitude of millions of dollars invested in Internet startups. I am afraid we never learned to begin with.

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Quality, Service, and Expertise Do Not Matter

I am currently in a sales training class at Trustpointe, a Sandler Sales Company, who I highly recommend  to anyone looking for sales training and expertise. We were talking about the idea of quality, service, and expertise not mattering when involved in marketing communications. I have been wrestling with that concept over the past 48 hours and decided… who best to ask?

I have been under the assumption that it is absolutely idiotic to use “best customer service” in marketing communications. I’m still convinced that you have to be a little more creative  to gain the attention of a consumer base when using traditional marketing… even more when using social media marketing.

Plain and simple… everyone has quality, service, and expertise. What makes you different from everyone in your industry? If I get hit with marketing that says “Best Quality since 1889
“… Do I really care? No. I don’t.

I care about how you personally take care of your customers. I care about how you go about your daily routine.

Seth Godin has always said that people have come to expect that you have quality, service, and expertise… you do not have to keep telling us… show us.

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10 Ways to Stand Out from the Crowd and Win

In today’s turbulent economy it is extremely important for every business (both large and small) to stand out from the crowd. Brand awareness is huge in the competitive world. It is no longer good enough to deliver a superior product or customer service experience…. you need to be known as well.

How do you use the tools on the Internet (mainly social media) to increase your brand awareness and drive the competition into oblivion? And by oblivion I mean… the junkyard of dead businesses.

1. Start a Blog

In my opinion, starting a blog is the center point to all marketing activity online. If you are going to be spending time in social media it is extremely important that you have a central location for all of your content. People want to connect with you on a completely different level once you have started the communication process. Use WordPress to start a blog. When writing content it is important to schedule blog posts ahead in order to be completely successful at managing your time.

2. Develop An Outstanding Identity

Branding is huge when standing out from your competition. If your logo and brand identity have a unique twist from a quality design firm… you will be able to reap the rewards.

3. Use a Flip Cam to Record Customer Testimonials

Flip cam is a unique video camera that allows you to record up to 60 minutes of high-quality HD footage. The Flip cams are small enough they can be taken anywhere… anytime. You never know when you might have the chance to record a customer or an employee talking about your company. Upload the videos to YouTube and play them on your website.

4. Start a Referral Program with your Current and Past Customers

5. Tell stories about your daily routine

Many customers (both potential and current) want to learn about your company from the actual individuals running and working behind the brand. Tell stories about the daily encounters inside the firm. Did you have a trip to a local amusement park? Did an employee win a race or a exhibition league championship? Business is personal again.. now is the time to shift the way you communicate with the world.

6. Create a Facebook FanPage to Showcase Your Ideas to Your Fans

Facebook FanPages are amazing tools withing Facebook that will add onto the human capital value of your company. Ben McConnell from the Church of the Customer gives an excellent idea surrounding Facebook FanPage marketing:

When fans interact with a fan page on Facebook, that interaction is sent through the fan’s news feed, which goes to all their friends, practically daring a chunk of them to see what the page is about.

7. Use Email Marketing to Stay in Front of Prospects

Email Marketing is not dead and it will give you an edge over the competition if done right. I will leave this up to the professionals over at Delivera: If You are Going to Win. You Have to Play the Game!

8. Sponsor a Tweetup or Social Media Meetup

I know.. I know.. Tweetup sounds like a complete GEEK fest! If can be a huge source of potential clients depending on your demographic. There are many small business and c-level employees who have started to attend Tweetups. I have yet to see a local Tweetup sponsored by a company. If you are wondering how many Twitter users are in your general area try Twellowhood.

9. Fully Utilize LinkedIN Recommendations

In my opinion there is nothing more powerful than a LinkedIN recommendation. Why is that? You can only get so real (other than video) in the world of the Internet. A LinkedIN recommendation gives your happy customers the ability to give you the KUDOS your company deserves.

10. Encourage Your Sales Team to Use Social Media for Lead Generation

Diamond Marketing and Selling the Experience

This morning I was listening to a local radio station when a diamond store’s advertisement played across the speakers… I sat there at the stoplight listening to the words…

“We are the ONLY diamond store that buys direct from the manufacturer… cutting out middleman pricing… best quality diamonds… friendly service…”

Truthfully… the ad was lame. There was no story telling… there was no emotional buy. There was nothing that invited me to continue the conversation. I decided to look into the other diamond sellers and manufacturers in the city. You guessed it… they were all the same. They all said the exact same thing.

Frankly, I do not care that you had to fly to Hong Kong to buy your diamonds. I don’t care that you are cutting out the middleman pricing. I care that you treat me the right way when I walk in the door. I care about the experience of the purchase not the purchase itself.

When we are selling a professional product or service it is important to DIFFERENTIATE. It is a lost art. How do you differentiate in a world where everything is starting to sound similar… sound bland?   It is essential that you gain the trust of the individual before they buy. It is essential to encourage your customers to tell the story.

You can buy as many radio, yellow pages, or newspaper ads as your budget allows… it only breaks the surface. The experience sells the product. How are you using your website, social media, traditional marketing, and networking to tell your story.

Do not bore the world with details… tell them the story!

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Quantify and then Qualify Your Social Media Relationships

Corvida has an awesome post on Chris Brogan’s blog called Decreasing Our Connections While Increasing Our Networks. The basic rundown of the post (which you should go read) is her exasperation over the amount of “friends” she has over various networks and the lack of a deeper and real connection. This conversation surfaces quite a bit when I am speaking to groups of people about social media. Where do you draw the line on relationship building in the social media environment?

From the post:

Maybe growth on some of these networks isn’t the best thing in the world. Should there be self-imposed limits on how many people you befriend? No because in the end, while your network growth may increase, your connection with your network still increases. However, the rate at which the connection can increase actually decreases. Did that make sense? Unless your friends are constantly questioning you or keeping tabs on you, it’s going to take a lot longer to make deeper connections the more your network grows.

We have been talking a lot about creating deeper relationships through social media. When you are adding hundreds of people on networks like Twitter, Facebook, and other networks it is hard to make the same connection as before! I wrote recently about turning friends, followers, and subscribers into a deeper connection. After all the purpose of sharing in a community driven environment should be relationship building whether for business or personal use.

The question has been presented: How do you take the massive amount of users on social networks and par them down to create meaningful relationships online? Quantify and Qualify.

Quantifying Your Social Media Experience

There are some networks where a huge following is necessary to gain the full experience of the site. Some would argue that Twitter is the site to use for a massive follower base. I am still torn over the notion of having a huge amount of followers on any site. I tend to use Facebook and Twitter to quantify my follower based. I want people to experience my personal side . Quantifying in a social media world basically means I gain an increased quality of experience based on the quantity of the people I am following.

Qualifying Your Social Media Experience

I qualify my niche networks in social media. I have found that I have an increase in quality without necessary having a huge quantity of followers on my geographically direct communities. Smaller Indiana and LinkedIN have been my niche quality sites for my social media experience. Smaller Indiana is a geographically located social network for people in Indiana. And for LinkedIN? I only tend to add people I have met in an offline environment on LinkedIN. My niche networks tend to be the place where there is a direct form of quality conversations.

How do you manage your networks? Do you find you get more or less quality based on the quantity of your friends or subscribers?

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Do Tight Corporate Social Media Policies Help or Hinder?

Linda Skrocki is the Senior Engineering Program Manager/Owner for Sun’s primary, external-facing community sites (blogs, forums, wikis, etc.). In addition to being a corporate social networking evangelist, she has managed many of Sun Microsystems highest profile web programs over the last 9 years.

What is your risk & transparency tolerance?

That’s a question every company must ask before embarking on their officially branded new media journey, but let’s be honest, tightly controlled content is nothing more than traditional website content and/or press releases. If that’s the most risk your culture/policy allows when it comes to marketplace conversations via social media platforms, don’t waste time and money implementing an external-facing officially branded collaboration site — it simply won’t be an environment conducive to meaningful, authentic marketplace conversations and certainly won’t foster healthy business relationship building that ultimately affects your bottom line.

If a tightly controlled or no approach is the chosen path, it’s important to note that conversations about your company, good and bad, won’t cease to exist. They’ll just have to happen elsewhere — most likely in places far less findable by you; thereby, giving you less opportunity to:

• amplify positive company & product feedback from the marketplace
• strengthen your company & products by listening and acting upon negative feedback
• rally interest and extend awareness by being able to easily participate in the conversations

(Re)evaluation of our fears

Still reading? Thinking your company’s social media policy might need a laxative? Not sure how to get started? Try this: Each overly rigid policy term is based on fear of a specific situation. Examine each term & it’s fear-based situation & ask:

1. Aren’t these legal bases already covered in our company’s employment terms and/or site Terms of Use?
2. Why are we trying to control conversations employees & the marketplace may have on social sites any differently than conversations they have at a bus stop, dinner party, etc.? Don’t we want them to drive awareness of our company and products?
3. Why are we scaring our employees to a degree that they don’t want to engage in cool and interesting marketplace conversations about the company and our products?
4. In the statistically* unlikely event that an employee goes hostile and says bad things about us,
   a) do we really think policy will stop them?
   b) wouldn’t we want the likely inaccurate rant to happen in our own backyard where it’s more easy to find and respond to?
5. Is it really worth sacrificing hundreds of thousands of fruitful conversations because we’re afraid of a possible nasty conversation?
6. What if the nasty conversation happens? Why can’t we just counter by publicly correcting the inaccurate points with facts and own-up to the accurate points by making our product stronger and gaining bonus points for driving this awareness?

Relax, Trust & See Goodness Unfold

I’m not saying let go entirely. Employees appreciate guidelines. They want to remain gainfully employed and don’t want to get themselves or the company in trouble. They may not clearly be aware of the company’s stance on topics to avoid if they are buried in pages of legalese. To augment existing employment terms, a set of brief, comprehensive social media guidelines will not only stand a better chance of actually being read by your employees, but will set everyone’s minds at ease by knowing how to effectively engage in the social media space.

If you need a solid example of an effective set of guidelines, Sun’s Guidelines on Public Discourse has stood the test of time and has proven to be amazingly effective not only for Sun but for other companies who have used it as a model.

* Example: http://blogs.sun.com, along with the Guidelines on Public Discourse, deployed in 2004. No approval is required prior to employees blogging. The original tag line “This space is accessible to any Sun employee to write about anything” remains in place. As of this post, there are more than 140,000 blog posts and only a handful of possible policy violations have been raised.

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20 Ways to Drive Leads Through Social Media

What is it? What is it good for? Engagement.

One of the primary selling points of social media is the concept of engaging a potential customer or partner in your product or service. So how do you accomplish engagement on a personal level?

20 Ways to Engage a Potential Customer Using Social Media

1. Start a blog. This seems like an obvious one. This should be one of the first things you think about doing when contemplating using social media as a marketing tool. There should always be a hub where your contacts can interact. The so called “hub.” WordPress is a great tool to start blogging. Get on it!

2. Join Brightkite and Use it during the business day. Brightkite is a service that allows you to update your location to the people following you on a regular basis. I do not recommend using this tool after business hours (could turn a little creepy) but it can help your contacts get an idea of what you do on a daily basis. Even if you are just sitting in your office for most of the day.

3. Join LinkedIN and recommend your partners. Most of us are already using LinkedIN (if you are not click this link for great information on LinkedIN). When you start to recommend the people you love working with it will help spread the goodwill that your business partners deserve. What happens you spread goodwill? Ever heard of pay-it-forward?

4 and 5. Start an RSS Reader and Find 10 Blogs. It is important that you use an RSS Reader to help with the organization of the blogs you read. For more information on starting and maintaining an RSS Feed check out this link. By using a Technorati or Google BlogSearch you can find 10 blogs that are industry “blog leaders” in your dedicated profession. By following and commenting on the blogs you will start to engage other readers.

6. Place a Poll on Your Blog or Website. There are plenty of tools available for polling on your website or blog. Wp-polls is a great resource if you are connected with wordpress. Ask a question to your audience. How can I make my content better? What are you wanting to read or learn about? This will help in engaging your more loyal readers and followers.

7. Ask a Loyal Reader to Guest Post. There is a ton of value in having your loyal readers do a guest post for your blog. They will feed your link to their subscribers and it also gives them a pride in ownership of your blog. This allows for the strengthening of a relationship in the long run.

8. Identify Your Strategy. This should have been placed at number one because it is the more important of everything you could be doing online. If you do not have a strategy in place to lead the charge into social media you will be at a lost when it becomes overwhelming. A strategy allows you to measure success points in your social media journey. This only helps when it comes to YOU engaging THEM.

9. Focus. Really Focus on Your About Page. What is the second most read page on a blog? The about page. People want to know who they are communicating with. The last thing you need to do (and I am also guilty of this on my personal blog KyleLacy.com) is to create a boring about page. Spice it up. Add some details that will create the best about page you could possibly want! Also.. enable comments on your about page. Allow people to comment on yours likes and dislikes.

10. Use Twitter on a Daily Basis. Now this might be a little overwhelming to the young at heart in social media but Twitter is fast becoming the ideal means of online communication. For a detailed explaination of Twitter check out DiTii.com’s video.

11. Add Your Social Media Information to Your Business Card. I have written a ton about this in previous posts. If you want to truly engage with the people you meet offline… add your social media sites to your business card. I have my LinkedIN, Twitter, and Blog URLs on my business card.

12. Be open to collaboration. You may have run your small-to-mid sized business for years by yourself but social media is built on the art of collaboration. People will be giving their opinions on a daily basis and it is in your best interest to take those opinions with stride. Collaborate and join in on discussions surrounding ideas related to your industry and your life. Collaborate. Learn. Listen.

13. Start a Facebook Page and Add in Your Family Life. Facebook is an extremely personal tool that can be used to connect with individuals on an emotional basis using pictures. You have to be open in sharing some of your family life with the outside world. There is a reason why PR companies have used the idea of “family man” to save many tarnished CEOs. Add pictures of your family, your dog, your vacation. People will connect. (New to Facebook. Check out this link on getting started as a company).

14. Pick 4 Social Sites and Maximize. You will become anti-social if you become overwhelmed with the multitude of different social media sites in which you are a member. We teach a 4-touchpoint theory of choosing four social media sites to spend your time. With a limited amount of time you will find that 4 sites benefits you in two main ways:

1. You will have more brain “bandwidth” to communicate on a deeper level.

2. The same people will pretty much be on all the sites you choose. (I say this loosely)

15. When someone comments on your blog email them a thank you. I learned this from the famous Gary Vaynerchuk. If someone is joining into the conversation on your blog and adding content make sure you thank them for your support. The people who show a vested interest are key to growing your readership. Don’t be alarmed if you don’t have time to email people the moment they comment. It sometimes takes me weeks before I send a follow up email.

16. Write About Personal Experience. We talk a lot about this. Write about the way you see life. Write about the way you experience your business on a daily basis. TAlk about how you are helping people. Talk about how you are solving the problems on a daily basis. Use Twitter. Use Facebook. Tell stories on your blog. People engage in stories. They connect with stories.

17. Try to Keep Yourself Within 450 Words or Less on Your Blog. It is important to keep blog posts concise and to the point. If you have trouble writing this will help you in the long run. As you can tell by the post you are currently reading, it is not essential that you keep it to 450 words. If you have advice and knowledge to send out to the masses.. . please do so. If you keep blog posts short it helps to keep readers and that is the goal.

18. Remember Quality vs Quantity. Quality is always better than Quantity. I have always said that 100 extremely engage readers are infinitely better than 4000 quasi engaged readers. Quality allows you to truly form relationships with the people you are dealing with on a daily basis. You can build your base anyway you like but make sure you always come back to quality over quantity.

19. Monitor the Conversation around Your Brand both Personal and Professional. For more on this read: 25 Tools and Tips to Following Your Brand Online. Why is it important to follow your brand online? You need to be involved in all the conversations surrounding your product, service, or YOU.

20. DO NOT HARD SELL! I am going to repeat this again: Do Not Hard Sell. This means you are not sharing about sales and detail after detail about your company. It means you are concentrating on listening to the people who are investing in your writing and social media presence. Nobody cares about your 50% sale. They care about who will be greeting them at the door of your store or place of business. Personality rules and if you want to act like a used-car sales man… go work at one.

Social Media is NOT Another Way to Scream

Frankly I am getting tired of seeing the “Grow Your Twitter Followers 10x Faster” crap that is rolling across my dashboard every thirty seconds. When are we going to reach the point when marketers realize that screaming to the masses is not going to yield the same return that it did 20, 30, or 40 years ago? Many marketers view social media as another way to scream at people with a message… albeit a more niche mass… but it is still the same process. And it is going to kill you in the long run.

Design a message and broadcast it as much as possible. You know… Repetition, Repetition, Repetition…it is the best form of marketing!

Give me a break.

The the last thing you should be doing as a communication professional is trying to figure out how to scream… louder, faster, and stronger… by using social media. This does not show any type of intelligence on the part of your company. This does not show any type of evolution in strategy or marketing concepts. There is a reason why businesses evolve, adapt, and change.

When is the last time you acted friendly towards somebody screaming at you… unless it was Bono at his concert? And even then… it is kind of annoying.

Put down the megaphone and use social media as a communication tool and not a screaming tool.

But most of all… listen… and then talk.

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5 Ways To Help Face the Fear of Social Media

“It’s easy to be against something that you are afraid of. And it’s easy to be afraid of something that you don’t understand.”-Seth Godin

As social media evangelists, many of us run into road blocks when it comes to usage of social media with coworkers or clients.

Fear has kept many people away from this wonderful tool because of a misunderstanding… or better yet… a lack of understanding. Every person on the planet has had to deal with fear in at least one point of their lives.  Well, minus my social media acquaintance Duncan Riley, who seems to have no fear. Period.

Kyle. We get the point. People have fear of something they don’t understand. This fear keeps them from opening up and becoming involved in something that could help them in the long run. So what? Why do we care? Should we care?

Absolutely we should care! It is our job as social media users to convince the fearful among us to embrace this medium. Shouldn’t we tout and spread the word on something we love so much? How do we help the non-believers face their fear of Social Media? I have 3 points to help you along your way. Please Pass GO and give me your $200.

1. Put It Into Their Context

We (Brandswag) were recently on a conference call discussing the concepts of membership websites. We were trying to explain to them the concept of a NING Network to help with the facilitation of training for new and current employees. Needless to say, there was some push back. No one was at fault for this. It was new territory and it was our job to explain it to them.

One of the conference call attendees decided to explain the community network in terms of the conference call the pastors were currently on. He proceeded to liken an online community dialogue with that of the conference call. The sharing of ideas between people to create one solid idea that care be shared by a community of “believers.” Needless to say… they got it.

2. Throw Them Into The Water

There is no better way to experience something than to throw yourself into it head first and learn on the way down. It may not be the easiest way to face fears and shift paradigms but it will work all the same. There are times when I am consulting with a client and I will tell them, “Maybe you should take a couple of weeks and just try your hand at LinkedIN and Plaxo? I want you to write 5 blog posts and link them. When you are done with that… email me.”

Sometimes it works. Sometimes it doesn’t. You have to judge the person you are helping and plan accordingly.

3. Hold Their Hand (In Public)

Sometimes the only thing a person needs is to be taught how to use a platform. I’m not talking a word document that has the necessary step by step actions to add a picture to Facebook. I’m talking about sitting down with someone and physically walking them through the steps of a social network.

I have found that once you teach someone a social network it doesn’t take long for them to grasp the other networks. It only takes one network to get rid of the fear and head-trash. After that one thing, you have created another evangelist.

4. Use Case Studies. Your Case Studies.

Many times a case study can help calm the fear in all of us. People are looking to qualify every marketing vehicle on the face of the planet. If you have the ability to show proven results it is extremely important to do so… and do it first.

If you do not have the proven case studies and you are talking about other success stories… quit. You are making it hard on all of us.

5. After Everything. Create A Strategy.

It is easier to sell social media to your boss, a potential client, or a business partner if a strategy is in place to create success. It is about writing out goals and processes over the next 6-12 months. It is about creating financial data for the return-on-investment when using the tool (both in financial and human capital).

I am convinced we should all be using social media for some type of brand awareness campaign or lead generation tool. It is about creating a worthwhile plan and communicating the process effectively to winning overwhelming support for your cause.

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25 Tips to Choosing a Social Media Consultant

I wrote this blog originally at the beginning of the year and I thought it needed rehashing.

I have been discovering many people starting to enter the world of social media marketing in Indianapolis. It can be anything from an advertising firm to a small business coach. It is probably pretty confusing for business owners trying to learn about the amazing new tools available on the web. I wanted to help you out with your first steps in choosing a social media educator or consultant.

1. They need to use the tools they are teaching.

It is extremely important that the teacher is using the tools. Before you decide to use a social media consultant… investigate! Make sure they are using tools like Twitter, Facebook, LinkedIN, and Plaxo. If they do not use the tools on a regular basis, they are just riding a wave.

2. They communicate with their audience.

The last person you will want to hire is someone who throws content out on the bed and doesn’t allow for two way communication. The best way to test this? Go to their Twitter account and make sure they are actually sending “RT” and replies to people. 2-way communication is key.

3. Do they call themselves a Social Media Expert? Ask about the 10,000 hours rule.

The person that calls themselves a “social media expert” is the last person you want to hire. Read Shikow”s post about 10,000 hours to become an expert.

4. Ask them their definition of social media.

If they give you a list of tools. Fail them.

5. They will run your Twitter account for you.

It is impossible to ghost a Twitter account. YOU either use it or you don’t. Ghostwriting for a blog is a different story and NOT for this post.

6. Their blog is less than six months old with no comments. (thanks Beth)

7. Ask them about social bookmarking. Do they know what it is? Do they use it?

8. Have they taught a class before on social media? Even a webinar?

It is important that your consultant or educator has experience in teaching or presenting on social media. The last thing you want to do is spend money for something that is going to be a DRAG. You want to know that you are not wasting your money.

9. Are they a Just-add-water expert?

10. They actually have a personality and GET people.

It is important that your social media consultant have a personality. What do I mean by personality? They are not stuck in an office all day pecking away at Twitter and have no sense of humor. ALSO, they are not overly bubbly and excited about everything under the sun. Sanity is key.

11. They blog more than once a week.

It is important that the investigation goes deeper into the blogging world. Your social media consultant should be learning on a daily basis and expounding upon what they are learning by blogging. This does not have to be catered specifically to a BLOG (WordPress or blogger). You can always check Twitter on how they are communicating and learning.

12. They are linking and being linked.

Complete a Google link search and make sure your social media consultant actually has people and blogs linking back to their site. It is extremely important

13. Ask their opinion on viral marketing.

It is extremely important that your social media consultant and educator understand the concepts behind word-or-mouth marketing and viral marketing. Social media marketing is a relationship driven model. The evangelists and lovers of your product or service need to have the means to shout to the world… WE LOVE YOU!

14. Check out their website.

The first step to any Internet or social media strategy is the website. Do they have a communication driven website or is it a web 1.0 brochure driven site? Are they interacting with people? Are they talking about social media? Are they talking to YOU and not about their services.

15. What do other people think about them?

Mentors are one of the greatest asset to any small business owner. Who would they choose? Maybe they think social media is a waste of time. You need to take that into account. Maybe they were burned in the past? It is extremely important to get another perspective when entering into a relationship with any type of consultant or marketing professional.

16. They advise you to start a Facebook page as the first step.

It isn’t about starting in one spot. If you are new to the world of social media it may be smart to start USING Facebook other than trying to manage all 5 but the last thing you need to do is just start a Facebook fan page. SM strategy should be surrounding an integrated marketing approach. Period.

17. The instant success test.

It takes time and knowledge to be successful at using social media as a small business strategy. If they promise instant results.. You should probably find another consultant.

18. What do they think about traditional marketing and advertising?

Ask them. If they come back to you and say that the traditional approach to marketing is dead. They are just riding the wave of no return. They will never understand the concepts of combining traditional and new media into an overall strategy. You will slowly drown them.

19. Ask them about Radian6.

Radian6 is one of the better brand monitoring companies out there. If they have no idea about Radian6. FAIL.

20. How long have they been using Twitter?

I have come across plenty of consultant who have been using Twitter for a matter of months. It is important for the consultant to know more than YOU… the client. Check up on their usage of the different tools on the web.

21. They believe in actually listening to your problems instead of convincing you about the world of social media.

22. If they are still using an @aol.com, @aim.com, @comcast.net, or @att.net email. Fail them.

23. Listen for new approaches to strategy.

Everyone is offering to be a “social” consultant. Do they talk and think differently than anyone else you have listened to? If they do… You have a gem on your hands. Creative thinkers are the best social media consultants.

24. Are they a used car salesman? Do they seem genuine?

For the sake of argument I am going to list this. Do not work with someone you do not trust. Period.

25.Do they have any success stories?

Ask them about their history in using social media. The space is extremely new but there are people who are succeeding in using the tool. If they do not have case studies. Ask. If they cannot present you with a valuable case study… find someone else.

There are plenty more but this is just the beginning. Add to the list if you would like!