Using Twitter for Business

Twitter is the latest web-centric communications service to explode onto the scene, and businesses have moved in rapidly.

Businesses seem to be cautious about using tools like Twitter, and rightly so; if used badly then (in an over commercial way), then customers and potential customer might be put off your brand.

But your company can most definitely benefit from using Twitter. The primary use for it in business should be to listen, because, as every top-performing salesman in the world knows, listening is more important than talking most of the time.

You want to hear from every customer, supplier, client, industry leader, journalist, colleague and competitor who has anything to say (good or bad) about your product, service or business. Twitter has much in common with old-style networking, like early morning meetings at diners and water-cooler chats, except it's been "virtualised" for 21st century knowledge sharing.

With that brief introduction, let's look at 10 great ways to use Twitter to your business's advantage.

#1. Listen more, talk less: If you just think of Twitter as another way to "post" your messages and advertisements on the internet, then you're sadly missing the whole point about Twitter, and your following will probably be nonexistent. Spend a lot more time listening to what others are "tweeting" (posting) about you and you will gather valuable information. When you do post a message, make it something people want to know, not something you want them to know.

#2. Find your niche: Twitter's uses are limited only by your imagination. Don't think of what you can get, but what you can offer and what you can learn. You may want to share knowledge, you may want to obtain it, or you may just want to assure customers, colleagues and others that you are available to them. You will benefit to the extent that you listen and stay engaged, which means referring back to #1 a lot. Twitter is a great forum for asking questions and getting replies back from the people that matter.

#3. Develop a personality: Because you might tend to use Twitter a lot to talk to your followers, they will start to understand your 'personality', that is how humorous (or not) you are; how direct or straightforward you are; your tone. Twitter is therefore a good way to project your business brand. A fresh and interesting personality attracts followers, and some successful firms even allow numerous voices to reach out from within the company's offices and departments, each with their unique 'personality' but adding more value to the larger voice..

#4. Eavesdrop: There are several good tools for monitoring what is being said, starting with Twitter's own search field. If you look to the right, you will also get a list of the current most-popular searches so you always know what's hot at the moment. The site monitter.com, as the name implies, was developed specifically for use with Twitter, to allow simultaneous multiple searches.

#5. Build your audience: The first thing to do is post a few tweets to get a handle on how it all works, of course. Then dedicate some study time to see what your competitors and companies in the same industry are doing (if anything). Make use of the "Find People" function on the top of the Twitter page to find people in your own company, your current clients and colleagues, old classmates and friends, etc. Use the "@" reply to connect directly with people, to make sure they see your tweet, and discuss matters of interest to them. When they respond with the @ reply, other folks following them may notice you and choose to follow you, too.

It's also interesting to see who else your followers are following, as that can give you fresh insight into the types of people to seek. Use the various search methods (see #4 above) to find subjects that relate to your industry, and pay attention to who's talking about these matters. Don't be a broadcaster, be a conversationalist, and if you do Twitter right, you will build a following daily.

#6. More information!: As Tweets are limited to 140 characters, having a big discussion is out of the question, but remember you can post links to new, events or others Tweets that might be of interest to your followers.

#7. Be human: Too many people, from firms both large and small, represent their firms poorly by appearing to be robots on a fixed schedule. They crank out PR verbiage and automated data and don't offer anything for followers to grab hold of. You have to "throw them a line" or you will sail right by everyone.

#8. Be polite and respectful: Whilst you can be pretty much nameless and faceless on Twitter, it helps if you are respectful on anyone that could read your Tweets! Imagine your having the conversation with a roomful of guests face to face. Avoid sensitive topics like politics and religion etc (unless these are directly related to your business dealings!). These subjects have no place in a business conversation, so please leave them out.

#9: Play nice: Don't get emotionally involved or rant about a person, place, product or business. Picture Twitter as one big community, be nice or face the consequences!

#10: Stay positive: Don't be pessimistic, and don't whine or complain about what's wrong with this or that industry or the world in general. People will follow people they like, who offer something of value, who are upbeat and who stay on an even keel. Of course, some situations require a serious, even solemn approach, but those are the exceptions and should be handled delicately. Anyone can gripe, moan and groan. A business leader, on the other hand, offers solutions.

Bottom line? Twitter is a tool, and a good one, for keeping conversations going with stakeholders, potential customers, colleagues and even competitors. It takes real-time management because it's a real-time tool, but when it's done right Twitter can be an important addition to your sales, marketing and business communications arsenal.

If you need help with your social media, then get in touch with me andrew@andrewscaife.com

Customer Retention

It is absolutely true that it costs more to find a new customer than it does to retain an existing one, anyone in business knows that, but the big questions is … how can you retain your customers?

I found the following statistics recently and they make for interesting reading:

  • 4 percent of customers leave a business because they have moved location.
  • 5 percent simply change their purchasing habits.
  • 9 percent decide that they like the competition better.
  • 14 percent leave because they become disenchanted with a company's overall service.
  • 68 percent stop doing business with a company because they feel unappreciated.
Customer retention is all about customer satisfaction, if you can satisfy your customers (or even delight them!), then you stand a great chance of retaining them, so how do you provide this customer satisfaction?

There is a simple formula that I always use, and I have found that it works incredibly well in all situations:

Customer Satisfaction = Good Reputation + Good Customer Relationship +Good Service

You build a great relationship with them (above and beyond simply being their supplier), then you never give them a reason to leave you (you surpass their service expectations).

Once you realise and accept this Customer Retention formula is everything starts to fall into place.

Lets look at these factors in a little more detail:

Reputation

Public Relations
  • It’s predominately the responsibility of Public Relations to improve a businesses reputation in the market
  • Customers ask themselves ... do they feel happy buying from a business like yours
  • Is the corporate identity and key corporate messages sending the right signals to the market?

Relationship

Communications

  • Ensuring a great relationship with customers is all about the communications
  • After a major purchase, customers often feel that they have made the wrong choice, that why reassurance messages need to presented often (these can be via face to face meetings, telephone calls, or electronic messages (email, ezines etc))
  • All the customers’ touchpoints inside the organisation need to be well managed to ensure that customers get a consistent message and level of service.
  • Use marketing budgets wisely, and treat your very best customers, never underestimate the power of hospitality
Service

Service is a huge part of customer retention The key service elements are pre-sales, sales and post-sales:
Pre-Sales
  • The reputation and friendliness of the pre-sales team/process
  • Their ability to provide first-class advice and solve customers problems
Sales
  • Win/Win negotiations (ensure the customer gets something from the negotiations)
  • Delivery/Supply (on time)
  • Installation (clean, tidy and working first time)
  • Invoicing (correct)
  • Payment (effective systems)
Post-Sales
  • Good after sales support
  • Plenty of reassurance
  • You listen to new development requests
It’s worth checking your business to see that you have the ability to influence these areas, as they are critical to customer retention.

It’s also worth investing in a Customer Satisfaction Survey. If any of these core retention standards start to slip, the chances are that the first time you know about it is when a customer leaves you.

You need an annual survey so that trends can be captured, and any weakness in a particular area investigated and corrected.

Social Media platforms!


Businesses need to move away from the thought that Social Media means just Twitter, Facebook and LinkedIn.

There are probably hundreds of different platforms that could be used by businesses, some are general social media networks (i.e. Twitter, Facebook and LinkedIn etc.) and some are very niche indeed! Interested in the Argentinian market then try Taringa! If you sell into the hospitality market then try the Hospitality Club! Or CafeMum to reach mothers!

For a fairly complete list of social media networks, check out this Wikipedia list.


Benefits of Social Media for B2Bs


I was recently talking to an old client of mine about social media, they were looking at creating a Twitter account for their business, they knew that it was something that they should do, but didn’t really know why!

I know that there are loads of businesses that are perplexed by social media and what benefits it can be to them, these networks have traditionally been used by teenagers talking about the latest bands or gossiping about each other, surely they don’t have any real value for businesses - do they!

Make no mistake – B2B Social Media is a valid channel to market, if they are not already then your competition will soon be using it – do you really want to give them an unfair advantage over you?

Stark Facts!

Social Media users are highly engaged with the people, groups, companies and brands that they follow and/or like.

Within businesses it’s not just the marketers that have access to and use social media sites, finance managers, IT managers, CEO etc all use them.

Social Media is the most cost effective method for getting your message across to an audience this is willing to engage with you.

In the report “Inside the Mind of the New B2B Buyer” in 2011, revealed the following:

  • 59% of buyers engaged with peers online who addressed their business challengers. 
  • 59% of buyers shared their learnings from research on social networks. 
  • 48% of buyers followed industry conversations on topics that directly affected them. 
  • 41% of buyers followed online discussions to find out more about specific topics that were interesting top them. 
  • 37% of buyers posted questions on social networking sites looking for feedback or suggestions. 
  • 20% of buyers connected directly to potential solution providers via social network channels. 

Still not convinced about this game changing opportunity?



Ten key benefits of Social Media for Business

#1 – B2B Social Media can extend your brand and relationship building efforts
Social Media is somewhat personal in that that individuals decide whether or not they want to connect with you, and it’s a two way relationship

#2 – B2B Social Media can expand the reach of your companies brand
Literately thousands of new buyers can find you and engage with you online, each of these has the opportunity of purchasing from you.

#3 – B2B Social Media allows you to tap professional communities
B2B Professionals actively network online to solve problems, share knowledge and build their professional networks. If a professional connects to you and they share your details with their network then you suddenly reach many more contacts that you could at an event for example.

#4 – Increased third party influences
If someone in your network does mention you or praise your business then this is an instant referral to their network. This favourable WOM (word of mouth) is worth it’s weight in gold.

#5 – Be seen as a thought leader
B2B Social networks allow businesses of all sizes to become thought leaders as they can demonstrate their expertise through text, audio and video,; these in turn can feed rich , in-depth conversations across a professional network.

#6 – Reduce Marketing Spend
Social media is the most cost effective media. Apart from a little of your time, start up costs are virtually zero; and even if your network takes off quickly the costs associated with fuelling social networks is no-where near as high as it is with other channels.

#7 – Decrease the sales cycle
The B2B sales cycle can be lengthy; much of this purchase delay is around the buyer wanting to research the market and potential vendors. Social media aids this research like never before. Buyers can become educated very quickly as B2B social networks act to provide vast amounts of knowledge to the market.

In providing two-way communications, B2Bs not only inform and teach prospects, but they also build trust and credibility in such a way as to increase sales in shorter periods.

#8 – Gain competitive advantage
It’s always been the case that B2Bs must continually work to identify ways to strengthen and improve their competitive advantage. This is true of their offerings as well as their marketing strategies.

Since many B2Bs tend to be slower to adopt social media techniques, many companies can leverage first-mover advantages within their industries.

As great insights can be gleaned through monitoring online conversations, companies can identify new offerings and needed improvements around which to strengthen their competitive advantage.

#9 – Reduce the complexity of solutions
When I first started out in telecoms it was pretty obvious that our solutions were complex, and you almost needed to be a telecoms engineer to understand most of them, this increases the buying cycle!

The information that is exchanged between parties, and relationships built, through these conversational media help to decrease confusion and, in turn, increase the purchasing rates of B2B products, services and offerings.

Educating and helping prospective buyers through social media channels can help to position B2Bs as trusted and knowledgeable advisors and decrease the concerns associated with high learning curves.

#10 – Strengthen CRM efforts
I’ve talked a lot through this post about engaging with prospects and customers, and this engagement is at the core of what a traditional CRM program aims to do.

When you have a direct link into your customers you can improve your communications to them; extend customer service and provide knowledge sharing opportunities.


Convinced?

If you want to start to build your own social media footprint but really haven’t got a clue how to start, then get in touch with me (andrew@andrewscaife.com) and I’ll help you.

Simple Social Media Strategy

Looking to start off your social media and need a push in the right direction? This is a simple social media strategy that is a good start for any business.

Base your strategy around these three basic themes:
  • corporate reputation/credibility 
  • managing expectations 
  • internal communications/cultural change. 

Corporate reputation/credibility
You want to develop a reputation for trust and integrity, and to be seen as getting results - getting results for your customers and getting the best for your industry.

You will need to:

Raise your profile to support the reputation you are seeking

  • Position yourselves as an influencer within the market 
  • Demonstrate with robust evidence that your work leads to change 
  • Generate supporters across media contacts and other relevant stakeholders 
  • Improve the reach of your business to all business sectors 
  • Develop a positive image/brand that supports the desired corporate reputation 

Managing expectations
You want to be perceived as a professional organisation that has the breadth of expertise in either what you sell or supply.

You will need to:
  • Clarify your range of services 
  • Define your uniqueness and strengths 
  • Promote your wins 
  • Promote your market achievements 

Internal communications/cultural change
You want a culture that is open and allow your staff to contribute to your social media success. Let your staff feel involved and engaged.

You will need to:
  • Have an open social media policy within your business 
  • Allow staff to talk about your business and its products and services 
  • Reply to prospects and customers questions/concerns 

If you need more help in developing your social media strategy, then simply get in touch with me.



What should you show on your website?

There are a number of basic things that you should show on your website in order to attract and convert the best number of visitors.

Show your qualifications and achievements, achievements

  • Always show evidence of what you have done
  • Demonstrate your understanding of your target market and the problems they have.
  • Speak to your audience through stories – we respond much better to them.
  • Prove that you care about your audience – ask questions.
  • Be proud, but also be humble 
  • Always put you customers first

Is Your Website Suffering from a Personality Disorder?

The old adage is true … People buy from People!

Injecting personality into your website is one of the most effective ways to convey a human touch, to convey the fact that your website and therefore business is backed by real people!

Visitors are interested in accessible, unintimidating websites just as we’re drawn to friendly, easy-going and downright nice people.

But not all of us are blessed with this effortless charm. Likewise, many websites exhibit a lot of traits that simply put visitors off them.

Is your website suffering from any of these common “personality disorders”?
  • Does it talk about itself more than the visitor? 
  • Does it forget to say how good it can be for your potential client? 
  • Does it provide simply outrageous claims that it can’t back up! 
  • Does it talk the talk? Keeps rabbiting on about things that just aren’t important! 
  • Does it talk with forked-tongues? Talk gibberish? Talk in jargon so that no-one will understand it! 
  • Does it talk negatively about itself? 
  • Does it show too pics like a boring uncle who shows you their endless and dull holiday snapshots? 
  • Is it anti-social or does it allow you to follow it on one of the many social networks? 
  • Does it lack goals, drive or enthusiasm? 

If it exhibits any of these personality disorders then I need to take a look at it as soon as possible for you, if it shows any of these disorders then no-one will give it any attention!

How's that website of yours looking?


Isn't about time that you took a seriously long look at your website!

I know the site was probably designed by you or you approved it, it’s a very personal thing to your business, it might even seem like part of the family; but sometimes you need to ask some very tough question of your website, and business owners do not always like what answers they get back.

Sit back and answer this question with complete HONESTLY; is your website REALLY working for you?  Are you getting enough business or enquiries from it?  Does it really have that WOW factor when the homepage first loads?

You can answer the first part yourself, you know very well (or you should know) whether your website is selling for you and bringing in the enquiries that you need.

Whether your site provides the WOW factor can be a little more difficult for you to judge!  Try this very simple test …… load your homepage or main landing page and study it closely for 6 seconds (I know this doesn’t seem like a long time but seriously, this is all a real visitor will give you).

Now answer the following questions honestly.

  1. Can you tell instantly what service or product you provide?
  2. I'm sure you have a couple of key messages that you want visitors to know about you – can you find evidence of these?
If you think you can’t answer these without being bias then pass get some feedback from other people whose judgement you trust.

If you think you have a problem here it could be down to a number of factors, including:
  • Navigation
  • Layout
  • Design
  • Content
  • Images
This is where I can help you, I can work with your development team or website designer to help you create a website that it fit for purpose and will provide a WOW factor that will help you convert more visitors into customers.