Social Media Essentials for Small Business Marketing

Most small business owners have started relying on social media networking for their internet marketing needs. It is a simple and effective method of reaching out to your target audience in a focused yet inexpensive form. The sheer popularity of social media has left it an indispensible marketing tool to incorporate in your campaign. Whatever be your target audience demographic, marketing through popular social networks will ensure that your message reaches out effectively and creates a buzz.

It is important to plan your social media presence and campaign in a detailed manner to gain maximum return. Let us list down five best practices which have been known to generate results for small business in the social media sphere.

twitter marketing sucks
Image by Pete Simon

Try to be Subtle

Social media does not come with the time limitation of more conventional advertising platforms like radio or television. One must respect this fact and try to inculcate their marketing message subliminally with content that your target audience is interested in. Social media is about information – Create your space and posts around interesting information related to your product or service.

Once you have the attention of your potential client only then should you go for turning him into a lead. Going social helps you build trust among your audience, but only if you let it build by offering content relevant to their interests.

Social Media is about Socializing

At times business owners fail to understand the whole purpose of social media which is to socialize with like minded people and communities. Your presence on social media should never be about ostentatious self promotion. Try to engage with your audience in an interactive way. Your business should come across like a brand personality which understands your audience and communicates like them. Be as interactive as possible, hold contests, ask questions, answer queries, be like a person.

Try to be a friend, there is nothing more trustworthy than a good understanding friend. Clients that you will be able to build like this will most likely remain clients for life.

Go Wide With Your Campaign

Social networks might have its high rankers and they command involvement in any sensible social media campaign but one must not ignore other platforms at any cost. There is a long list of networking sites and each one has some following. As a business owner or marketer you don’t want to leave any stone unturned.

Make accounts and gain presence at as many platforms as you know of. You may decide to prioritize your level of focus, that is acceptable, but do not ride on just one or two networks.

Work on Your Appearance

Just because you are a small business it doesn’t give you the right to look less professional than the big guns. In fact, many small business owners brag about their customization capabilities over big brands. All your content, designs and texts should go under a magnifying glass before being posted. Be aggressive in your strategies and let the world know that you mean business. You may not be able to match with the big players on size but you must equal their quality if not exceed it.

About the Author: ZK is an expert associated with WebTrafficROI, which is a web marketing blog aimed at people who are interested in web business and blogging. The blog also helps entrepreneurs, bloggers, companies and small businesses to make their business better on the online forum.

The 3 Most Important Concepts Business Schools Teach

As mentioned in a previous post, you don’t necessarily have to have a business degree to be a successful business owner. You do, however, usually need to have an understanding of certain business concepts to run a profitable business. If you skipped business school and are in the process of starting up your own business, here are a few concepts you should be aware of:

1. Globalization is here to stay

Everything you do in the business world will be affected by global business trends. Even if you open up a brick-and-mortar store, the price of the inventory you order will most likely depend on how much it costs to make the inventory in another part of the world. More and more businesses are outsourcing work to cut costs and selling to the global market. Because of this, business schools teach students that they need to learn to think about global business trends. If you didn’t get your degree in business, you need to be aware of how big of a role the rest of the world will play in determining the success of your startup.

2. Cash flow management is key

Sales matter, but they don’t matter as much as cash flow. You can have record sales numbers and not have enough money to pay your bills on time if you don’t manage your cash flow well. Ultimately, you have to get paid enough from your customers at the right time to be able to pay everything you owe for your office, inventory, etc. Cash flow management is a very important balancing act that business schools spend a lot of time teaching students about. Since you probably don’t have time to go back to business school, you should know that you’ll need to carefully monitor your inventory, orders, payments, and bills to ensure your company’s finances stay on the right track.

3. Your success depends on the profitability of one unit

This is one of the simplest and most essential business concepts, and it’s one you should definitely be aware of before you start your own business. When you’re developing your business plan, you should think about whether or not one unit of what you’ll be selling would be able to make a profit.

If you’re going to be selling smoothies, for instance, you have to consider how much the ingredients to make one smoothie cost, how much it costs to pay an employee to make the smoothie, how much you’ll charge for the smoothie, and whether you’ll be able to make a profit with all these things in mind. If you are able to make a profit, your business, in theory, should be able to make a profit. Business schools stress the importance of the profitability of one unit for a reason, and it’s absolutely critical that you keep this concept in mind as you make business decisions.

If you understand that business is global, sales aren’t everything, and you have to be able to sell at least one unit to succeed, you’ll be just as prepared as all those business grads for the wonderful, crazy, and daunting adventure of owning your own business.

About the Author: Patricia Garza is a freelancer and blogger who primarily writes about education, online college accreditation, business, and technology. When she’s not writing, Patricia likes to spend time with her kids, discuss current events, and paint. Please feel free to leave your comments and questions below. Patricia appreciates your feedback.

Employment Background Screenings: It’s Not just about Criminal Offenses

Even as a small business owner, you need to be extremely cautious when adding new hires to your staff. After all, your employees will represent your company as a whole and you’ll want to make sure that you don’t hire someone who could potentially taint your image or ruin your company altogether—for example, you wouldn’t want to hire someone accused of embezzlement. That said, conducting a background check is important. While background checks are great at highlighting someone’s criminal history, they shouldn’t be the only thing you reference when determining whether someone is a good fit for your team or not. To be 100% positive that you’re making the right hire decision, you might want to consider the options below.

Background screening
Image by John Dalrymple

Check Social Media Sites

Before you even ask someone to meet you for an interview, it’s best to see what kind of online trail your applicant has. A simple Google search can bring up a plethora of information, but sometimes it’s just best to go to the direct source—meaning plug in your applicant’s name directly in various social media search bars like Facebook, Twitter, and LinkedIn just to see what pops up. Most social media accounts will be set to private (as any smart applicant’s profile should be) but you might just be able to get a feel for what the person is like by reading his or her’s “about me” section and checking out his or her profile picture. If you do have free access to the applicant’s Facebook it’s best to check before and after the interview to see if the candidate says anything negative about the company or sounds too pompous in general, like “nailed that interview.” Some employers are now asking for applicants to log-in Facebook during the interview. I personally think it’s a bit extreme, but if you feel it’s necessary it’s definitely an option.

Verify Degrees

I cannot stress this enough. Just because an applicant says he or she graduated with a certain degree from a certain college doesn’t meant that it’s true. It even happens in the corporate world too: earlier this summer Yahoo’s now former CEO got the ax when it was discovered he lied about having a degree he never earned on his resume. That said, some applicants lie. To make sure that the information is legitimate, all you need to do is call the Registrar’s Office of the college the applicant claims he or she went to and they’ll be able to say whether they earned their diploma from there or not.

Always Call References

Last but certainly not least always follow up with references—at least then you can confirm that your applicant did in fact have prior work experience at another place of employment. You also might want to do a quick informal background check on your applicant’s references just so you know they’re not related to the applicant or anything like that.

About the Author: Jane Smith is a freelance blogger for www.backgroundcheck.org, a website that helps employers and consumers learn about the ins and outs of a thorough background check. She welcomes all questions and comments at janesmith161@gmail.com