Mediaboss Marketing

In a world where (according to an Adweek study), over 90 percent of businesses say social media is crucial to their overall marketing strategies, solopreneurs arguably have the most to gain and lose via social networks.

Related: 10 Laws of Social Media Marketing

Sure, those platforms often have a reputation for being total time-sinks or wastelands of marketing ROI. But savvy solopreneurs understand how to use platforms like Facebook, Instagram and Twitter to spread the word about their businesses. In many cases, these same solopreneurs are growing those businesses and bottom lines without spending a dime.

But, when you're using social media to pursue networking opportunities or seal the deal with new customers, how do you know whether you're using your time wisely or merely spinning your wheels?

Fear not. The following checklist is a guide for solopreneurs looking to pinpoint their social strategy and use their time on these platforms wisely, to build their investment in their business.

Simply put, you need to decide on a single social channel that's going to command most of your attention. That's not to say you can't focus on both Facebook and Instagram, for example, but trying to be in multiple places at once will inevitably burn you out.

For many solopreneurs in the B2B space, Facebook is the number one channel to focus your efforts. There's a good chance that your clients and customers are already connected to the platform in some way, shape or form, especially considering that users spend an average of 50 minutes on Facebook per day.

Niche businesses, however, are booming on Instagram, especially those within B2C industries such as fashion and beauty. Growing and monetizing Instagram followers is arguably easier than ever; meanwhile, Instagram has one of the highest average order values via ecommerce, at $65 per order.

When in doubt, you can pick your primary channel by answering one simple question: "Where are my clients and customers hanging out?" If there's a clear answer, then you know where to start.

Despite popular belief, you don't need to be active on each and every social site. In fact, there are no "must-have" networks for solopreneurs, truth be told.

Related: Don't Believe Those Reports You're Hearing About the Death of Social-Media Marketing

But, think about it: There's absolutely no way you can effectively manage a presence simultaneously on Facebook, Twitter, Instagram, Pinterest and LinkedIn by yourself. If you try, you'll neglect at least half of your social sites.

Solopreneurs have two options when it comes to attacking the various social channels available.

For example, apps such as Buffer and Sprout Social allow solopreneurs to curate and queue content to their social network of choice without lifting a finger. While such solutions do require a monetary investment, they allow your brand to be in multiple places at once, so to speak.

The old adage, "Always be prospecting," rings incredibly true for today's solopreneurs on social media.

There are seemingly endless opportunities to connect with new clients, win over customers and share your business's content all at once. Private Facebook groups based around your industry represent potential gold mines of new business. Likewise, sites such as LinkedIn put you on the same level as CEOs and industry bigwigs.

Oftentimes, making yourself heard via social media means playing the role of a bigwig yourself. By positioning yourself as an influencer, you grow your authority within your niche and make yourself more attractive to potential clients and customers. Some smart yet simple positioning strategies on social media include:

Any combination of these strategies not only puts your name out there, but also publicly displays your commitment to your industry.

Especially if you're a new solopreneur, social media represents a great place to curate social proof on behalf of your business.

Ever leave a comment that got tons of positive feedback? Created pieces of content that just about went viral? Have clients who've given you a digital "thumbs up" or a public "thank you" via social?

If so, you can use such social proof as a way to seal the deal with future clients and customers. By highlighting your positive social experiences either on site or throughout your marketing materials, you can break down the trust barrier for any skeptics who may not think you're the real deal.

This point is crucial but so easy to ignore: Something as simple as your professional headshot can make all the difference when it comes to networking via social media.

If you want to be taken seriously, present yourself accordingly. Bathroom selfies and party pics aren't going to cut it if you really want to make an impression on your audience.

Finally, don't let your social presence fall to the wayside. Period.

Consistency is key to gaining followers and traction via social: The more you post, the more you will grow an audience that's hungry for what you have to say.

Related: How Social Media Marketing Generated $7 Million in Affiliate Sales for This Entrepreneur

On the flip side, if a certain channel is netting you absolutely no engagement, don't be afraid to cut it loose for the sake of your time and energy.

Today's solopreneurs are living and dying by their social presence. By sticking to this checklist, you can save yourself from scrambling for a social strategy and focus on what really matters: growing your business.

Nathan Chan is the publisher ofFoundr Magazine, a digital magazine for young, aspiring and novice stage entrepreneurs. He has had the pleasure of interviewing rock star business leaders to find out what it takes to become a successful...

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The 7-Point Smart Solopreneuer Social Media Checklist - Entrepreneur

Asos has admitted that while it relies heavily on social media to communicate with and market to its millions of customers, its relationship with sites such as Facebook and Instagram is not always straightforward.

Speaking on a results call yesterday (13 July) following Asoss third quarter results, CEO Nick Beighton said: [Going forward] we dont know whether [social media] will be a drag or an enabler. But certainly with potential buy buttons coming through social media, they are actually attempting to capture the customer journey; thats a potential threat but also an enabler.

Beighton added that there is not a binary answer as to whether social media would continue to have a positive impact on the company. Asos has more than 20 million followers on social media on every conceivable channel because Beighton believes it is important to be wherever its customers are.

And despite concerns about the threat it could pose, Asos plans to migrate more of its marketing effort from email to social.

READ MORE:Amazon takes on Asos with the launch of Prime Wardrobe

Email is still a very effective communications tool but actually well be migrating far more of that through social, some of which is free, paid social and through digital marketing, explained Beighton.

Well also just re-evaluate what we do with marketing going forward, the role of marketing and whether we try out some things we havent tried for a while.

Beightons comments come as Asoss sales surged in the four months to the end of June on the back of strong international sales and Asos holding its price when other online retailers increased theirs.

The retailer also credited its focus on customer experience, which Beighton said had moved to a whole different game due to artificial intelligence (AI) and data science.

Every customers that comes through the app is getting a better experience the next time they come in and actually the journey they are following is enhancing the journey for the next person. Thats where data usage through data science and AI will go, he said.

Asos implemented 300 tech updates (not including things like bug fixes) in the quarter and Beighton expects this number to rise as the pace of change in digital increases. For example, visual search is now live in the UK and the retailer is using AI and data to personalise that further.

READ MORE:Asos on the shortfalls of Amazon and Netflix-style personalisation

It is also testing a virtual assistant dubbed Ava (for Asos virtual assistant) that Beighton called pretty amazing and is using data and AI tech to give customers greater confidence in the sizes of its products.

We have continued to innovate at an even faster pace across all areas of our business, from product to technology to proposition. This sets us up really well for the future, Beighton concluded.

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Asos: We don't know if social media is a threat or an enabler - Marketing Week

Before the internet took over the economy, "marketing" used to mean spending hundreds of thousands of dollars on a creative team, communications staff, and messaging. And that's before the billboards, print ads, and TV spots necessary to get a brand in front consumer eye-balls.

Now all thats changedtheres been a major disruption, says Mike Heller, founder and CEO of Talent Resources , in an interview with Fortune senior editor Anne VanderMey. When you have an influencer that has 30 million followers, 20 million, five millionthats more powerful than any of the other traditional media outlets out there."

Talent Resources, a company with an inconspicuously understated name, is one of a number of new firms now transforming the advertising industry by championing the new, growing business of influencer marketing.

Influencer marketing capitalizes on social media's reach, by paying Internet celebrities of varied levels of fameincluding pets to tout products in their social media accounts to their followers. It's gaining popularity among brands who would rather not shell out for the relatively inefficient and hard-to-measure traditional advertising tactics. Even Internet behemoth Amazon is looking to recruit influencers with its recently launched social influencer program .

One key advantage, other than the relatively lower costs and ease of production, is that influencer posts dont get shut down by ad blockers and can be highly targeted. People trust and identify with the celebrities they follow, which often means they'll like the same brands favored by their favorite starsas long as the brand aligns with the influencers lifestyle. Weve turned down millions of dollars on products that just arent aligned with the talent and their lifestyle, says Heller. It has to be authentic.

Influencer advertising certainly raises some ethical concerns. While the consumer thinks theyre looking at the Instagram feed of people whose style and lifestyle they admire, they might in fact be looking at a feed of advertisements. One of the most recent examples is the lawsuit against the now-infamous Fyre Festival , where numerous celebrity influencers such as Kendall Jenner and other Instagram stars were paid to tout the ultra-exclusive and expensive music festival, which turned out to be less glam than advertised , and the celebrities paid were not even at the festival.

Of course, social media itself is not exactly authentic in the first place, and looking at someones social media posts is basically looking at a manufactured version of what they want to display of their lives, complete with image filters and other enhancements that show them in the best light. That's legal, of course, but when money changes hands it a different story. The FTC requires such advertising to be disclosed to the users, though the sheer number and speed of production of such posts can make it hard to oversee. In April, the FTC published a press release to remind influencers and brands to disclose their connections.

Legal technicalities aside, the influencer marketing trend seems to be here to stay and is expected to become a $5 to $10 billion market within the next five years, according to mediakix .

For the inside track on how the sausage gets made, watch our interview with Talent Resources founder and CEO Mike Heller above.

Link:
Brands Are Relying on 'Influencer' Marketing More Than Ever - Fortune

Segment has raised $64 million in Series C funding, with the Y Combinator Continuity Fund and GV leading the round.

The continuity fund is the $700 million fund led by former Twitter COO Ali Rowghani. It selectively writes checks for YC startups as they raise bigger rounds.

As part of the deal, Rowghani will be joining Segments board of directors. In the funding announcement, he said the startup is on a path to be among the most successful Y Combinator companies.

Three of Segments founders, including CEO Peter Reinhardt, dropped out of MIT to participate in YCs summer 2011 program. The companys products allow businesses to send their online data to different analytics and marketing tools, and to combine that data with customer information from services like Stripe, Salesforce, Mailchimp and Zendesk.

Reinhardt argued that the need for this kind of data infrastructure is only growing.

For the last five years, a lot of investors have been saying that at some point, this industry needs to consolidate you cant have more and more email marketing tools, he said. But instead, Companies are piecing together these best-in-class tools rather than these broad suites People like more and more specialized, niche tools for companies of their size or their geography or their industry.

And as companies employ a broader arsenal of marketing and analytics products, Reinhardt wants Segment to serve as their central customer data platform.

The product is already used by more than 15,000 customers, including Intuit, Atlassian and Gap. Reinhardt said that while Segment was initially adopted by startups, theres a big opportunity in selling the technology to large enterprises.

Hes also hoping to see Segment turn into a broader platform, where third parties can build products that tap into its data he said there are already more than 200 tools built on top of Segment, with 30 percent of them created by partners, rather than Segment itself.

The new round brings Segments total funding to $109 million. Previous investors Accel, Thrive Capital, SV Angel, and NEA also participated.

See the article here:
Marketing data startup Segment raises $64M - TechCrunch

Facebook focuses on idea sharing, Twitter is all about broadcasting your thoughts, Instagram prioritizes the visually interesting, and Pinterest provides storage for the content and products you love. Each social media site is designed to serve a different purpose, so we use it differently. Its no surprise, then, that well watchand expectdifferent types of video on each platform.

In this post, were going to go over how to use video marketing on each individual social media site for best results, including ideal length, file size, and best practices.

Facebook video is more flexible than other types of social media video marketing; there arent time limits that would affect most businesses, and the diverse audience means that multiple types of content will perform well.

Facebook requires that all native videos be under 45 minutes long, and less than 1.75 GB. You should almost never get anywhere close to that 45 minutes. Instead, aiming for video lengths between two and four minutes long is ideal for Facebook. This allows for enough time for you to provide value without risking losing the viewers interest. In my personal experience, Facebook Ads should be kept to a minute and a half or less.

In general, Facebook users are most likely to share content that they find extremely emotionally engagingregardless of the emotion. Whether the video makes us laugh, cry, or both, we like content that makes us feel something.

Tutorials are also extremely effective on the platform, and are frequently saved by users because they provide value. As a result, users save the videos to benefit from the knowledge later.

Other Facebook video best practices to consider include:

Twitter is all about brevity, so it makes sense that the time limit is a heck of a lot shorter than Facebooks 45 minutes. Twitter requires that all videos be under two minutes and twenty seconds (which is up from its previous 30 second maximum). Videos also must be MP4s with AAC audio, and need to be 512MB or under.

Because Twitter is all about trending topics and breaking news, videos that are share brief snippets of valuable information can flourish on this platform. This includes videos of announcements about your business or product.

Videos about (or of) your event also perform well on Twitter. Encourage attendees to create their own videos and share them with the events hashtag.

Some Twitter video best practices to keep in mind include:

You can use Instagram videos in two places: in stories, and in the apps feed. Your video must be between 3 and 60 seconds long, though I highly recommend that stories are kept to 10 seconds or lessusers want to scroll through these quickly, like Snapchat-styled content. The file size for Instagram videos must be kept under 1 GB.

A wide variety of video types work well on Instagram. This includes tutorials, emotion-evoking content, breaking news, and more. Videos that center user-generated content (UGC) also perform exceedingly well on this platform, and should be used whenever possible.

Sharing brief snippets of a live event or information on upcoming news works incredibly well in the Story Format. Even boomerang videos (an example of which is pictured below) can be exceptionally efficient in stories.

Webcast, July 19th: The Blueprint to Build Trust in a Digital World

Instagram video best practices to keep in mind include:

The last time you were on Pinterest, did you see any videos? If your feed looked anything like mine, you didnt see many. This is good news: Pinterest has a native video player, meaning that users can watch the video from the pins close-up, but not a lot of businesses are using it yet. If you do, it can be easier to stand out.

To create a video pin, youll need to have the video uploaded somewhere else online. Then, pin that page, and choose the video as the pins feature image.

Given Pinterests audience and core usage, its no surprise that DIY content and tutorials will be the highest performing content on the site. Make sure to mention what the tutorial is in the videos description, and choose a video thumbnail that will represent it well. Pinterests video best practices include:

Each social media platform offers a different user experience, so it only makes sense that users will have different responses to different kinds of videos on each. By understanding these differencesboth in terms of platform requirements and user preferenceyoull be able to more successfully adapt your videos and your marketing campaigns to each site, increasing your results along the way.

What do you think? How do you adapt your videos for each platform? Which platform do you prefer most? Leave us a comment and let us know what you think!

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How to Use Video Marketing on Each Social Media Platform - Business 2 Community