11/03 2010

I Was Just Exposed on Facebook

Peter Preksto is a co-founder of image-recognition company Alta Data Solutions, Inc.

My business is pretty esoteric–we scrape petrified information off of paper or microfiche at super high speed and make it machine readable, useful for lawsuits and electronic benefits claims, among other things. Our customers are a relatively small number of service bureaus that process billions of such documents per year. I hadn’t thought of my use of social media as a marketing tool because we’re not really expecting to grow through word of mouth but by providing more functionality and speed at a lower cost to those who care about such things. My peers are in their 50′s and 60′s. Most of us started on mainframes, helped invent document-processing technology on intervening platforms, and have ended up in the cloud. In 1983, we first started inter-office chatting to each other using a utility in Novell Netware, and we mostly haven’t shut up online since. Twitter ultimately didn’t pass muster except as a novelty, but Facebook was a natural adoption. We tend to clamp our privacy down perhaps more than our younger colleagues, but we’re using and like the service a lot.

I’ve long believed that you cannot conceal who you really are if you use Facebook regularly–people can really get your number by looking through your books, music, quotations, links, videos, smart-ass remarks, notes of sympathy, whatever. In this big country, you stay closer to friends, family, acquaintances, colleagues, and folks who you might otherwise have let drift (and a few who have come drifting back against the tide). If you work it, you stand exposed.

A couple days ago, I was friended by a really important business colleague, president of one of the big service bureaus whom we serve. While we don’t need to network to grow, if you screw up in our small community, it has a big impact. He joked on the phone about my Facebook content, saying it was really “out there,” lots of “personality,” very “young at heart.” I froze. At that moment, I realized the double-edge sword of Facebook. Even if you practice a policy of avoiding writing about politics, religion, creationism, diet, immunization and handguns (and boy don’t we all have opinions we’d love to share on those!), you still stand exposed–in a way even Rotary didn’t do to you in the old style of networking.

I seriously considered un-friending all of my business colleagues and leaving it strictly social and family. Fortunately, I probed the guy a few days later, joked about his comments, and found out that I had it backwards–what he saw, he liked, and it brought us closer together–Facebook shortened the learning curve he would have climbed to learn who he’s dealing with.

A life on Facebook is no place to hide. So maybe letting whoever the heck it is that you’ve turned out to be shine through that medium might be good for business–even if you’re not using it exactly as the pros would suggest for viral growth.

Speaking of pros, many thanks and much respect to Kyle Lacy and Brandon Coon for the company they’re building, and thanks for sharing so generously their insights and experience in their blogs.


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18/02 2010

Social Media Enhances Personal Experience in Business

Why do we tend to shorten experiences? Why… as a society… do we keep inventing new ways to make things faster, harder, stronger, and compiled. Information flying this way and that, overloading everyone from the iPOD Millennial to the AM Radio Baby Boomer (sorry stereotyping is a spiritual gift of mine). Technology has managed to help our society do more in less time. But (hat tip to Seth Godin on this one) the “do more in less time” philosophy has taken the personality out of the every day encounter. Seth makes a brilliant example in his post, Old Marketing with New Tools:

Cost and speed pressure means that when you get your car serviced, it’s unlikely you’ll be greeted by the mechanic himself, wiping his hands on a greasy rag, telling you exactly what he did to your car. Instead, you’ll get a difficult to decipher printout.

In some cases, new technology has taken out the face to face interaction with the business to the client. BUT we have seen an increase in social interaction (both online and off) in the realm of social media.

I overheard a gentleman talking about a social network (whether Facebook or LinkedIn it doesn’t matter). He was making reference to social networking on the Internet as impersonal and stupid. First off, I about flipped out of my chair and set him on fire. I understand that online social networking is not for everyone but the least someone can do is recognize the fact that it has VALUE. I turned around thinking I would be face-to-face with a twenty-something year old. Unfortunately he looked around 50 with his real age probably being closer to 35.

The simple fact that a gentleman/business owner was implying that social networking was impersonal is completely ridiculous. If you do it right.

The right way to make social networking work for you is two fold.

1. Join a social network (preferably a geographically local network). In order to know and be productive in the different social networks refer to my post: How To Be Productive in Social Media.

2. Use the social network to meet members of that specific network off-line.

Combine face-to-face networking with your online social networking experience. I use Smaller Indiana to meet new business owners/creative individuals in the Indianapolis community. This does not replace my off-line business networking with groups like Rainmakers but it does add value in meeting people who usually do not attend networking events.

The combination of off-line and online social networking is a powerful tool you can utilize for YOUR business. Try it out. Spend a few minutes on a local network and set up a meeting. If it doesn’t work. TRY AGAIN. If that doesn’t work. Third times s charm?

Also, if you ever hear anyone degrading social media, please call me. I’ll bring the blow torch. You bring the gasoline.

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12/11 2009

Why Do People Follow Brands? Conversation or Deals?

This is the second post about the Razorfish FEED 2009 Report… as promised. I was reading a post from my friend Todd Muffley over at Fat Atom and it got me thinking about the future of online communication. His post is entitled, Is Social Media One Big Coupon Book?The premise of the post is captured in two sentences:

“If Social Media does become one big coupon book, watch out Newspaper, Magazine, Radio, TV and Direct Mail (to name a few). The old school push model of coupon distribution may just go the way of the VCR.”

The post is (of course) fueled by the Razorfish study which states that of “those that follow a brand on Twitter, 44% say that access to deals is the main reason. The same holds true for those that added a brand on Facebook or Myspace, where 37% cite access to exclusive deals or offers as their main reason.” (pg 9)

Now, the Razorfish study does not give a voice to all 200 million people using broadband Internet access but it does create a platform for discussing the main draw of social media. I would venture to say that the main reason a user FIRST joins a fanpage or follows a brand on Twitter is because of a contest or promotion. Once the individual becomes a fan the SECOND step is interacting with that fan in order to build some type of trust. Repeat customers are the best customers… nay… repeat customers with friends are the best customers.

There is always a conversation buried in the depths of a relationship being built between a customer and a brand. Where that relationship starts? Who knows? The important thing to remember is to have the conversation… which eventually leads to conversion.

Of those
who follow a brand on Twitter, 44% say access to
exclusive deals is the main reason. The same holds
true for those who “friended” a brand on Facebook
or MySpace, where 37% cite access to exclusive
deals or offers as their main reas
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30/10 2009

Quit With All the BS. Let’s Create Business!

I’m tired… and I do not think it is from the daily grind or the work load at Brandswag. I am pretty sure it is from all the BS that is circulating in the world of social media and marketing.

I’m tried of reading blog posts about the death of social media experts or how there is no such thing as an expert (I’ve written a couple myself)… or the rise of the new “PR” firm. I’m tired of listening to people drone on about the importance of ONLY using traditional marketing and how social media is just… not for everyone (preaching to the choir here).

Hot air. Hot air. Hot air.

There are plenty of ways to use social media (research, marketing, customer support, internal communications). There are plenty of ways to make money off of yellow pages. Yes, you should still be sending out traditional press releases and YES… you should be using traditional means to meet and sell clients.

It is all about integration… whether you like it or not… social media is going to be around and traditional marketing will still be important. They will be one… one powerful force for customer communication.

Shouldn’t the main goal of your daily routine be making money for your clients? Shouldn’t the main goal be delivering creative and strategic programs to create SUCCESS? We all like a good argument but if the argument was made 10 months ago about social media or marketing… you probably shouldn’t bring it up again.

We can play the edge for a long time and I have done it with success… but it is time to focus on the success of clients and business… not the success of an idea or ego.

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21/10 2009

Think Big and then Think Small

I’m not going to lie to you. This blog post is completely… and utterly… inspired by Jay Baer over at Convince and Convert. His blog post titled Get More Bait in the Water has a great thought that pushed me to write this blog.

“Thought leadership via social media content is about thinking big. And then thinking small.”

I believe that we are so focused on thinking big that we deny the concept of thinking small when deciding on strategy and implementation. It can lead to inconsistent messaging and promotion. We are talking about the death of many small to mid sized companies.

The overall strategy of a specific marketing initiative is the concept of thinking big. How are we (as a company) going to achieve our goals? How are we going to move from point A to point B and dominate the market? The overall goal of strategy planning is to think big! But creativity can only take you so far. I can use my own social media and design company as an example.

We do a ton of creative brainstorming. My role as head of business development allows me the luxury of thinking big.. 24/7. Early on we ran into the problem of implementation. We had some huge ideas both internally and externally but they were not implemented properly (for our clients or our company). My business partner, Brandon Coon, took it upon himself to be the implementation guru.  We hired an awesome company ran by Nicole Bickett to help us with process and we acquired an excellent project manager named Amy Rowe.

It is so important to remember the small things that make a BIG IDEA work. The same concept applies to your social media strategy and implementation. You have big goals but how are you going to accomplish the social media goals?

A top ranked blog or seach engine ranking takes small posts and careful planning to reach that coveted spot. Great lead generation tools for your sales team takes little ideas implemented over.. and over.. and over to work. In the words of the great Chet Holmes, “Pig headed discipline and determination is key to business success.”

Be pig headed and stubborn… but remember planning and implementaxtion.

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2/10 2009

REMAX Loves Social Media and I Love Them

I had the pleasure of speaking at the Indiana RE/MAX sales rally yesterday and it was AWESOME! I loved debating, questioning, and teaching about social media and the use of the tools in the real estate industry.

I always try to post videos of the attendees screaming for social media. You will find the videos below. (sorry for being shaky)

Session 1

Session 2

If you attended the rally and are interested in the information shared. You can either click the REMAX button on the right side of this page or CLICK HERE.

Again, thank you for all who attended! It was encouraging to see such enthusiasm for social media!

 
25/08 2009

Search & Authenticity Are Key to Corporate Blogging

I was skimming through Chris Brogan’s posts and happened across a post called: A Counterpoint to the Branding Craze. This caught my attention because I am a huge advocate for branding, both personal and professional.

I have tried to use my blog to create a brand identity for myself and my company and it has been successful in more ways than one. In his post Chris talks about the concept of search being involved in the corporate strategy of most companies:

One of the reasons that I advocate content marketing, such as writing a compelling group blog, is that it’s an opportunity to build search equity. Writing about things that people might search for is a great way to find some new people at your door who might want a look at your product.

Content marketing should be in the corporate strategy plans of every business in America. There are a couple of reasons why I am strongly urge clients and businesses to dive into the realm of content marketing:

1. The Search

By blogging and writing about things that “people may search for,” you are creating a website (blog) that will hit the search engines with enthusiasm. When you have a site where content is changing regularly and you are writing about issues/services that people find important, you will find an increase in visitors to your site. And with an increase in visitors comes… more lead generation for your company and service offering.

2. Authenticity and Personality

Consumers today want communication authenticity and personality behind a company. If you are a stoned face corporation sitting in a corporate park somewhere and are NOT listening to your customers needs and wants: YOU WILL FAIL. By blogging and creating an area for dialouge you are telling your customers: I trust you. I want to hear what you have to say. This goes for both big business and small business.

3. Brand Identity and Value

People want to connect with brands on a level that has become as personal as a relationships between two people. A blog/content marketing allows you to start the romantic courtship of a consumer. This courtship can turn into a seasoned consumer that will spread your good message across the valleys and streams. Maybe even through their email. :-)

There are a multitude of reasons to start a blog and create a space where content marketing is king. Read more of Chris Brogan’s posts if you get the chance. He is a genius at laying out what it takes to create great, authentic content.

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19/08 2009

Screw Stats. It is about Portability and Experiences

I am co-hosting a webinar tomorrow with Chris Baggott of Compendium Blogware entitled Getting a Grip on Social Media. The first slide of my presentation simples says: Screw Stats. The whole concept behind the slide is the idea that we can run around statistics and figures all we want but the most important thing to understand is the future of portability and experiences in social media.

Portability

Portability is mobility. The mobile phone domination is going to grow even larger in the next couple of years and social media will be right behind it. There is no better way (other than text messaging) to utilize the iPhone or Palm Pre than securing applications that can be used to strengthen a users social media experiences. I don’t think the concept of social media is going to die because of the power of being mobile. Customer service is going to be dependent on securing social media because of a users ability to automatically tweet or post an experience the moment it happens… that is powerful.

Experiences

Selling is now almost completely dependent on the experiences of the customers. Peer recommendations have always been a staple to sell your services… referral and word of mouth marketing are inherently connected to success. Social media has made experiential marketing and referral marketing extremely powerful because of the ease of sharing a message. Social media is strengthen by the experiences customers share online. It is extremely important for a business to understand the ability and the important of using social media to empower your customers to share your message.

There are other reasons to join, research, and implement social media but the future of tool is in the ability to leverage portability and customer experiences.

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29/07 2009

Ian Gertler from sympledages made an interesting comment after I published  my post last night about outsourcing social media. He said that internal evangelists are key to a successful social media strategy. The idea in itself is enough to stew over. What does it mean to have internal evangelists? What does it mean to have a team that is obsessed with creating the best company, products, and services imaginable… on the face of the planet?

Internal evangelists are individuals who love the idea of your company. They love what they do and make it a point to tell as many people as possible about the company brand. I am extremely lucky to have such a team at Brandswag and there is a big reason why these individuals are so powerful… they create the story.

Internal evangelists are the people that will make a social media strategy infectious to the external population yearning for new content about your product or service. They are the individuals who will stand up and scream your ideas from the heavens… a chorus of fans who love what they do and love the brand they represent.

Be very sure that you have the internal evangelists in place before implementing a social media strategy. The road will always be narrow… but trust me… the burden will be lite.

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27/07 2009

3 Steps to Being Productive in Social Media

Everyone loves social media. That is not the issue. There is really one huge issue that keeps individuals from using social media and that is time. Time can be an ugly thing if you are not productive with the tools and time given to you. How are you productive and manage your time effectively? I use the four-touch point model.

Step 1: Use the 4-Points Model

When using social media you should keep in mind the 4-points model. There are 4 points social media applications should touch in regards to your daily life: Business, Local Business Networking, Social, and Information. Choose four main networks where you spend the most of your time.

I use LinkedIn for business applications, Smaller Indiana for local business networking, Facebook for social application, and Twitter for information. LinkedIn can be described as my connection Rolodex. Facebook is to keep me updated on my friends and acquaintances from college and high school. Twitter is a wonderful information aggregation tool where you can follow influential people and the information they share. Smaller Indiana is a great place to connect to local professionals and share ideas on how to make Indiana a better place.

Step 2: Commit Yourself

You get what you put in. How many times have we heard that? When using social media commit to a set amount of time a week to using your applications. You will find yourself spending to much time on your applications if you fail to designate a certain amount during the week.

I try to designate an hour of each day to information sharing (writing blogs, commenting on blogs, perusing my Google Reader) and an hour a day to using my other networks (Facebook, LinkedIn, and Smaller Indiana).

Step 3: Be Authentic

I get numerous e-newsletter in my inbox everyday, most of them vary from mundane to outright boring. When posting on your social media applications, try to add some authenticity and personality to the information you are sharing. When I am reading blogs and posts on social applications the last thing I want to read is an impersonal e-newsletter. I want to know that the keystrokes behind the information is an actual person. Be personal. Be Authentic.

There are the three steps I use to get the most out of Social Media. Cheers!

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