Twitter Marketing - Beyond the Obvious

May 2nd, 2009

Twitter Header

Businesses are smart to jump on the Twitter bandwagon to diversify their ’social marketing portfolio’.

Before I get my hands dirty, for those of you who might not be familiar with Twitter, here’s a bullet list that will make you an expert.

  • Twitter’s a free Web-based tool that lets its users constantly notify the world of “what are you doing now?”
  • Users are limited to 140 characters, and can update Twitter from the web, from text messages, or from numerous applications and devices
  • A user can have a public profile, or private, meaning that a user will have to approve their followers instead of making all “what are you doing?” updates public
  • A user’s “followers” are the people who have elected to follow a user’s updates, so the followed user’s updates will appear on the follower’s timeline
  • A timeline is a reverse chronological order of your and/or all your followees’ recent updates
  • Updates are commonly referred to as “Tweets”

A standard approach to adding Twitter to your strategy typically looks like this.

  1. Create a Twitter account for your organization
  2. Publicize your twitter account to customers
  3. Regularly “tweet” about your company or related topics so your followers will see it

Before I go into specific ideas on how to leverage your Twitter account to the fullest, I recommend doing a little math and research to determine how much your Twitter account and its followers are worth to your company. It’d also be valuable to know how many followers you need in order for you campaign to be successful. I can’t figure this out for you, but here’s an example of how I’d look at it:

I’m a widget etailer, hoping to generate $100,000 annually through traffic derived through my Twitter account.

With an average sale of $100, that means I’ll need 1,000 transactions generated annually, originating from Twitter.

Since my website has a conversion rate of 5% (kind of high rate for online retail, but easier for the math at hand), I’ll need to bring 20,000 visits to my site annually originating from my twitter account.

On average, I think my Twitter followers will visit my site once every 2 months, meaning that each visitor is responsible for 6 visits a year. Since I need 20,000 visits from Twitter each year, 20k / 6 (# of visits per user) = I need 3,333 followers.

Since my total sales expectation is $100k, and I’ve decided that 12% of that can be devoted to marketing, I can devote $12k annually to my twitter campaign. (12k / 3,333 followers = $3.60 per follower)

Now my approach might not fit your business, and those numbers almost CERTAINLY will not, but it’s always good to know what something’s worth to you, and please excuse this run-on sentence.

Here are some ideas on how to extend a Twitter campaign.

Engage New Followers

The more interactive you make your campaign, the more interest you’re likely to garner from your followers. The idea is to not just let someone press the “follow” button on your account, and then wait to see your updates. You need to react to their act of good faith, just like you would with someone who’d signed up for your email list. “Hey thanks for following us!” Now, it’s best to assume that your followers are cynical, and know when they’re being talked to by a bot. If your strategy warrants a little time spent, make it personal. Have someone in-house spend 15 minutes a day sending personal Direct Messages to new followers, welcoming them to your Twitter world. Now, it’s easy to make this creepy, for example “hey, @jeffbcross. I looked at your timeline and saw that you and your brother are no longer speaking. Thanks for following us on Twitter!” Personalize at your discretion.

Follow Your Followers

Return the favor to your followers by following them. Check out their updates to make sure they’re a real person, and someone you’d genuinely like your brand to be following. A good example is Zappos.com CEO, who has 535,781 followers, and is following 410,928 people.

Zappos Twitter Account

Make it Viral

Depending on your strategy and the primary people group you’re catering to, it might make sense to give something away to your subscribers. If my base were part of the “millenial” generation, I could probably even do something charitable to earn their good favor. “Thanks for following us. We’re going to give a can of beans to a local food bank in your honor.” Chances are, that person’s going to tell a few friends about following you on Twitter. Be careful not to obligate yourself to give away more beans than you can afford though ;).

Make it Unique

Most companies in the social marketing sphere have multiple social properties (Facebook page, YouTube profile, Twitter, a blog, etc). The key to a great social media strategy is to make each one uniquely integrated into the bigger picture of your brand. My point is, don’t make your Twitter account identical to your blog, don’t make your Facebook page identical to your twitter account, and don’t just copy and paste your email campaigns into twitter. Chances are, if your users really love your brand, they’re engaging you in multiple places. So, make sure what you’re giving to them is in line with the medium at hand. Your twitter account provides a great way to provide frequent updates, regarding your company, things in your industry, or anything that’s likely to be of interest to your followers. That said, it’s often appropriate and useful to syndicate content from your other properties.

Participate in the Conversation

When followers talk about you on Twitter, “@randomperson says: I’m confused by @jeffbcross blog at middlefloor.com”, respond. “@jeffbcross says: @randomperson, maybe it’s just over your head.”

Discounts

This idea isn’t brilliant, but offer incentives to your customers that make them glad they’re part of your twitter club. Send a Tweet out that says something like “Direct Message us for a 15% discount at our site, expires in 48 hours”

Meeting Fun

April 29th, 2009

Meetings can be a great way to iron out an idea, develop a plan to accomplish a task, or for fellow LOSTies to discuss theories on Benjamin Linus’s true intentions. But, as anyone who’s ever done anything worthwhile with their life knows, meetings can suck if not run properly. So, here are my two cents on how to make meetings not suck.

1. Define a Purpose

What’s the purpose of the meeting? What are the tangible goals of this meeting, and how are those goals best achieved by meeting instead of emailing? Meetings cost a lot of time and interruption, so it’s important to justify having a meeting at all before going further.

2. Set an Agenda

How much time do we have, what points do we need to go over, and how much time can we spend on each? Parkinson’s Law states that “Work expands so as to fill the time available for its completion.” Don’t put a time limit on a meeting, chances are (in my estimation) it’ll go 100%-200% longer than it should.

3. Communicate Expectations

If you’re expecting input or creative thought from your attendees, email an outline of what you’ll be discussing, and the time allotted for each topic. There’s nothing worse than showing up to a meeting and being asked for ideas on a topic, when this is the first you’ve heard of it. Well, there are some things worse, but no more than 5 things. If you want somebody to just sit in and absorb the meeting, it’s good to let them know that, too.

4. Designate a Leader and Note Taker

Somebody needs to be in charge of keeping the meeting on agenda, and keeping notes to be distributed to all partcipants afterward. One person can do both, but both roles are crucial to ensure that the meeting isn’t in vain. Bring a clock along so that the moderator and participants know how much time a topic has left for discussion. The note taker should write up a simple document with notes, discussion topics, conclusions, and next steps from the meeting. The notes should be emailed and implemented into whatever systems are in place directly after the meeting for everyone’s benefit.

And that’s my take on how to conduct meetings that don’t suck.

Single-Tasking is the New…Multi-Tasking?

April 26th, 2009

I have a habit of claiming to have been in early on waves of popular thought, and the newfound popularity of the idea of single-tasking is no exception. Maybe it’s not really that popular, but it seems to be gaining traction. Tim Ferriss has some cool things to say about how our business culture of ‘multi-tasking’ is based on a myth (the myth being that multi-tasking is possible), and that individuals and organizations are more efficient and productive if they plan to accomplish goals and objectives by single-tasking. I’ve seen more books coming out on the subject, too. Check out this short video of Tim Ferriss talking about it.

Web Strategy

April 25th, 2009

This is an old blog posting from when MiddleFloor was still in business, so don’t be confused by the “here’s how we do things” type verbiage.

Web Strategy - Where to Start?

Designing a Web Strategy can be a daunting task. Here’s a quick breakdown of how we approach strategic planning, and how you can begin to think about the process. It’s crucial to the success of your business to form a real strategy before you begin any Web Design or Web Development efforts.

5 Steps

  1. Dream
  2. Explore
  3. Plan
  4. Execute
  5. Optimize

Dream

What’s it going to look like for your business when your Web Presence is operating at peak efficiency? How many new customers will you be generating each year as a result of your Web Strategy? How many per month? What’s the dollar value of that? How can your Web strategy make your business more efficient and make your customers happier? Those are just a few ideas to consider during the dream step. This step is the cornerstone of an effective Web strategy, and requires a thorough examination from all angles before moving forward.

Explore

You have an idea what you want to accomplish, now it’s time to look at reality. How competitive is your market segment? How much demand is there for your business? Are people even searching for businesses like yours? What’s the cost for pursuing different strategies?

Plan

You know where you want to be, you know what your current realities are, what’s the best way to get from here to there?

Execute

You’ve got a plan in place, now it’s time to start executing the plan. This includes design, development, marketing, and management.

Optimize

Examine what’s working best in your strategy, and determine how to allocate your resources to get the most out of your most effective channels.