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Why and how competitive research is so much easier with social media writing.
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Why Social Media? Gaining a leg up on the compe00on has always been important, but with the speed of modern business it’s more important now than ever before! Word of mouth and simply visi0ng your compe00on can provide much, but we’ll show you how social media can provide you with the insight you need to keep ahead of the crowd. In this presenta0on, we cover the following social media outlets:
• Facebook • TwiCer • LinkedIn • Yelp
Facebook The Facts • 900 million ac0ve users • Content is commented upon and “liked” over 3.2 billion 0mes per day • How does your compe00on interact with consumers?
Facebook What happens when people “like” your compe00on? • Does the compe00on par0cipate when fans make aaposts? • Does the business interact with them? • What happens when a consumer leaves a aacomment, posi0ve or nega0ve? • How does the compe00on handle their interac0ons? • How does the compe00on engage “new” fans?
In this example, you can see a Denver brewery interac0ng with fans. They interact directly with customers, and their “likes” and associa0ons are clear. They’re even adver0sing the availability of food carts!
Tip: Don’t only pay aCen0on to your compe00on – how well do you do at being a friend on Facebook as a business?
Twitter The Facts • 500 million ac0ve users • Exploded in popularity back in 2007 • How does your compe00on brand itself through TwiCer?
Twitter Does the compe00on Tweet like a Twit? • How does your compe00on engage with followers aaon TwiCer? • Does your compe00on make the 4 key mistakes aawith TwiCer as outlined by DigitalLabz.com? • Watch the amount of promo0on that your aacompe00on does regarding itself and how much it aacirculates the content of others. Good use of TwiCer aarequires both self-‐promo0on and the promo0on of aaothers!
Twitter This Denver restaurant does a great job of interac0ng with followers in a 0mely fashion. They also cross-‐post from their Facebook page which allows that content to get to a wider audience of readers. They also ac0vely “re-‐tweet” the comments of others to help promote their business through the good reviews of their customers!
LinkedIn The Facts • Most popular among networking professionals • Used heavily to build business-‐ to-‐business rela0onships • Who is your compe00on connec0ng with in the industry?
LinkedIn Who is your compe00on trying to get to know? • LinkedIn is a great place to figure out what your compe00on is talking about with other professionals. • Common uses of LinkedIn include: • Learning new technologies • Discussing emerging industry trends • Finding poten0al partners • Finding new talent to bring on board
In this shot, you can learn about your compe00on’s featured products and services, as well as what other professionals are saying. Are the people who recommend your compe00on poten0al clients/partners for you?
Tip: Who are your brand evangelists? Make sure that you give them the chance to give your company a public recommenda0on!
Yelp The Facts • User-‐based review site • Primarily for service and loca0on-‐based businesses that work with consumers • How does your compe00on deal with customers?
Yelp What do consumers have to say about your compe00on's business? • How do consumers detail their experiences at your aacompe00on’s business? • Yelp reviews can tell you what your compe00on is aadoing right and what they are doing wrong – straight aafrom the mouths of the customers. • Learning from Yelp can help you recreate the success aaof a compe0tor, or learn from their mistakes and aamake your business beCer!
Yelp
In this first shot of a Yelp review page, you can see the general stats of the company – where it is located, the name, the hours of opera0on. You also get a look at the qualita0ve stats of the company, such as whether it is a good place for dancing. The average of all reviews is also shown at the top of the page. Can you use this informa0on to compare what people think about your compe00on verses what they think about you?
Tip: Remember that while businesses are allowed to own/start Yelp pages, the actual content reflects the input of the users, not the input of the business itself.
Yelp This is the shot of a Yelp review. You can see that the original review was nega0ve, but the business responded to the complaint in a posi0ve way. From this, you could learn that this tavern deals promptly and sympathe0cally to customer concerns.
How does your business respond to nega0ve feedback? Do you work as hard to control public percep0on of your business as this tavern does?
No Social Media? What if the compe00on doesn’t have social media? • Lack of social media could indicate several things: • Lack of tech-‐savvy • Lack of desire to interact with customers • Lack of knowledge about the importance of asocial media in the modern business aenvironment
If your compe00on has no social media, make sure that you have a living and ac0ve set – it pays off in spades!
Conclusion Joining social media opens the door to earning trust and respect from customers.
Following the social media of your compe00on allows you a unique and detailed look into what they are doing right, what they are doing wrong, and how you can do beCer.
About Jason Jewett Jason is a 30-‐something that lives in Denver, CO. He has very red
hair, loves the outdoors, and all things homebrew.
Content Equals Money Content Equals Money is a content wri0ng service that serves a wide variety of clients with top-‐shelf, sharable content.
http://www.contentequalsmoney.com [email protected]