Social Media 101

Social Media Marketing:

Is the use of electronic and Internet tools for the purpose of sharing and discussing information and experiences with other human beings. The term most often refers to activities that integrate technology, social interaction, and the construction of words, pictures, videos and audio. This interaction, and the manner in which information is presented, depends on the varied perspectives and “building” of shared meaning among communities, as people share their stories and experiences.

Social Media Marketing - An Overview:

Word-of-mouth marketing has become one of the most exciting marketing opportunities on the web. The Web 2.0 revolution has allowed web users the ability to reach across the globe to voice their opinions, connect with likeminded users, and vote on the best content.

The importance of Social Media Marketing:

Social media marketing is the process of promoting your site or business through social media channels and it is a powerful strategy that will get you links, attention and massive amounts of traffic. There is no other low-cost promotional method out there that will easily give you large numbers of visitors, some of whom may come back to your website again and again.

If you are selling products/services or just publishing content for ad revenue, social media marketing is a potent method that will make your site profitable over time. Those who ignore the efficacy of social media usually fall into three categories; the ones who don’t know much or anything about social media, the ones who are interested but don’t know how to use it and those who don’t believe in the value that a social media strategy can bring to any site or business.

For those who don’t understand or see the value of social media websites, let’s take a look at the benefits of creating virtual content and effectively promoting them through social media channels.

Developing link baits and successfully getting it popular on various social media websites like Twitter and Wordpress will lead to multiple benefits for any website:

  • Primary and Secondary Traffic. Primary traffic is the large amount of visitors who come directly from social media websites. Secondary traffic is referral traffic from websites which link to and send you visitors, after they come across your content through the social sites.

  • High Quality Links. Becoming popular on social news websites like Twitter or Facebook will get you a large number of links, some of which may be topically relevant, some not. A good story can realistically acquire a large number of high quality editorial links, most of which cannot be easily bought.

Now let’s translate this into tangible benefits for your website:

1. Links = Better Search Engine Rankings.

When a website receives a large number of natural, permanent links from trusted domains, it develops authority. Search engines trust it. If you optimize your linkbait and website structure properly, you can easily start ranking for competitive keywords, which will in turn bring in search engine visitors.

Do this often enough and your search traffic will undoubtedly increase. In a sense, you are obtaining these quality links through borrowed trust. Many bloggers and webmaster still think that if an article is on the Digg or del.icio.us homepage, then it’s probably worth checking out and referencing through a citation link.

A new website may find it difficult to gain links from a critical mass that is not familiar with it but a trusted social news resource makes it easier for links to come in, because the community and buzz has somewhat ‘certified‘ the value of the site. Note that the actual strength of the article is still of utmost importance for all.

2. Primary + Secondary Traffic = Community/Supporters.

Some people claim that social news websites only send useless traffic, visitors that will often just view a specific webpage and click away. Yes, that’s usually the case. Sites like Twitter are notorious for their poor bounce rates: many visitors drop in for the article and then leave after reading it wordpress is much better in this aspect.

But don’t mistake this with a lack of interest. Your subscriber figures will often take big jump up and then stabilize after a few days. If your entire site is relevant to the general interests of the social media website, there will always be a handful of social users who will start to track your site in order to submit future content.

Detractors also ignore the power of ultra targeted secondary traffic. General sites or blogs in the same niche will link to a story that’s popular on social sites, because it adds value for their readers or users. This is done naturally on a daily basis for many.

While primary traffic usually comes in a larger volume, I would argue that secondary traffic is more valuable. Why? Because links from other websites bring visitors who are very likely to be interested in your content. These citation links demonstrate recognition of your site in the eyes of others. It builds your brand.

Think of the social news site as a platform or a soapbox. As something that gives you a chance to be heard or read, even for a brief moment of a few hours. The people who are drawn to your message will visit your site and recommend it to others.

So How Does Social Media Help Me to Make Money?

It doesn’t. At least not directly. Every site or business that wants to expand and become profitable, needs a core group of supporters who will be willing to make purchases or recommend the site to others. Your site needs to perpetuate itself.

The more supporters you have, the faster word spreads about your site. Social media marketing is an excellent way to get people to come into your site to take a look at at what you have to offer. You will grow when there are a group of loyal visitors ready to always act upon what you have to offer.

Because social media websites can be leveraged for links and better search rankings, they can greatly increase your site’s income potential. For example, you will be able to price ads higher or generate revenue from any paid business models.

Social Media Strategist:

A social media marketer provides strategic online recommendations based on the client’s business goals and intensive research. A marketer also reaches out to the target audience through various methods of social networking, and constantly monitors the buzz surrounding the client’s products and services. They should be passionate, strategic, creative, personable, intelligent, aggressive, diligent, determined, adaptable, motivated and have a sense of humor. To succeed, they need to do the following well:

  • Data analysis

  • Provides holistic strategies to clients

  • Training, presenting, and research

  • Relationship-building and networking

  • Outreach to online users and bloggers

A social media marketer’s job never ends. They usually work 70 hour weeks and need to be extremely flexible. There are days when marketers may have to serve as internal evangelist by introducing key stakeholders to social media. There are other times when marketers may have to launch a multi-platform outreach campaign. It just depends on the needs of the client.

Additionally, a social media marketer needs to be a contributor and participant online to better understand the space and provide solid recommendations to their clients.

Search Marketing and Social Media Consultant:

A social media marketer needs to be an active participant in the social media sphere. Because social media is so interactive, it can constantly shift and change; therefore, a savvy marketer needs to be extremely familiar with the community and know how each social media website audience is different from the next. Also, one story on the Digg home page does not an expert make. A knowledgeable social media marketer has experienced repeated success on various social media websites and knows what sort of content succeeds and fails, and effective ways to write, submit, and promote various pieces.

Linkedin.com

The purpose of the site is to allow registered users to maintain a list of contact details of people they know and trust in business. The people in the list are called Connections. Users can invite anyone (whether a site user or not) to become a connection.

This list of connections can then be used in a number of ways:

  • A contact network is built up consisting of their direct connections, the connections of each of their connections (termed second degree connections) and also the connections of second degree connections (termed third degree connections). This can be used to gain an introduction to someone you wish to know through a mutual, trusted contact.

  • It can then be used to find jobs, people and business opportunities recommended by someone in one’s contact network.

  • Employers can list jobs and search for potential candidates.

  • Job seekers can review the profile of hiring managers and discover which of their existing contacts can introduce them.

YouTube is a video sharing website where users can upload, view and share video clips. Unregistered users can watch most videos on the site, while registered users are permitted to upload an unlimited number of videos. Some videos are available only to users of age 18 or older (e.g. videos containing potentially offensive content). The uploading of videos containing pornography, nudity, defamation, harassment, commercial advertisements and material encouraging criminal conduct is prohibited. Related videos, determined by title and tags, appear onscreen to the right of a given video. In YouTube’s second year, functions were added to enhance user ability to post video ‘responses’ and subscribe to content feeds. Few statistics are publicly available regarding the number of videos on YouTube. However, in July 2006, the company revealed that more than 100 million videos were being watched every day, and 2.5 billion videos were watched in June 2006. 50,000 videos were being added per day in May 2006, and this increased to 65,000 by July. In January 2008 alone, nearly 79 million users had made over 3 billion video views.

In August 2006, The Wall Street Journal published an article revealing that YouTube was hosting about 6.1 million videos (requiring about 45 terabytes of storage space), and had about 500,000 user accounts. As of April 9, 2008, a YouTube search returns about 83.4 million videos and 3.75 million user channels. As of Q1 2008, YouTube is not profitable, with its revenues being noted as “immaterial” by Google in a regulatory filing. Its bandwidth costs are estimated at approximately $1 million a day. It is estimated that in 2007, YouTube consumed as much bandwidth as the entire Internet in 2000, and that around ten hours of video are uploaded every minute.

Facebook is a social networking website launched on February 4, 2004. The free-access website is privately owned and operated by Facebook, Inc. Users can join networks organized by city, workplace, school, and region to connect and interact with other people. People can also add friends and send them messages, and update their personal profile to notify friends about themselves. The website’s name refers to the paper facebooks depicting members of a campus community that some American colleges and preparatory schools give to incoming students, faculty, and staff as a way to get to know other people on campus.

Twitter is a free social networking and micro-blogging service that allows users to send updates (otherwise known as tweets) which are text-based posts of up to 140 characters in length. Updates are displayed on the user’s profile page and delivered to other users who have signed up to receive them. The sender can restrict delivery to those in his or her circle of friends (delivery to everyone being the default). Users can receive updates via the Twitter website, instant messaging, SMS, RSS, email or through an application such as Twitterrific or Facebook. For SMS, four gateway numbers are currently available: short codes for the United States, Canada, and India, as well as a United Kingdom number for international use. Several third parties offer posting and receiving updates via email. As of July 2008, over 2,200,000 accounts were registered.

FriendFeed is a social aggregator that consolidates the updates from social websites such as blog entries, social bookmarking websites, and social networks among others. This allows individuals using multiple social websites to have a consolidated stream of details on all their activities across these websites. Bloggers writing about FriendFeed have said that this service addresses the shortcomings of social media services which exclusively facilitate tracking of their own members’ social media activities on that particular social media service, whereas FriendFeed provides the facility to track these activities (such as posting on blogs, and Twitter) across a broad range of different social networks. They have also said that they are concerned about people commenting on their posts inside FriendFeed instead of on their blogs.

WordPress is a blog publishing system written in PHP. WordPress is ideal for experimenting with a distributed social network. It has a plug-in architecture that makes it easy to extend. And people who use it are already comfortable to some extent with coming publicly online as individuals. Though there are, of course, WordPress installations that don’t represent just one person, in many cases they do.