Social Marketing For Business
Social marketing for friends and family who want to stay in communication is a fun way to use sites like Facebook and MySpace. But, social marketing for business is an increasingly important way to get attention for a business and to market it to a large audience. Social marketing is growing online, and it can be used to attract customers, remind them about your business and make your business seem like a more approachable one.
Social Marketing Campaigns
A social marketing campaign is easy to learn, but it takes the same time and effort as any other type of marketing campaign. It is important to decide on the best social marketing sites to use for the campaign and to keep up with each of them regularly. Regular posting and updates is what keeps customers interested in the business.
Setting up a regular posting campaign, such as one or two daily updates on each of the social marketing sites, will attract regular readers. Social networking sites have accustomed readers to reading pages that are updated this frequently, and updates that are made less often may not get enough attention to be very helpful to the marketing efforts.
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Free Marketing
Besides the enormous numbers of people who frequent these sites and the long hours they spend there, one of the best things about social marketing campaigns is that they are completely free to run. There is no charge for joining and using any of these sites. They can be updated as often as you wish without the membership fees, texting fees and autoresponder costs that many marketing methods require.
It can take some time to learn how to use the sites effectively, however. Having effective guidance about the best campaign techniques can mean a short learning curve and years of free marketing that can be used to market any project that you have. With guidance, each of the sites can be used to their best advantage in order to attract the most customers possible.
Using a Marketing Agency
Social marketing for business is often handled for large companies by a marketing agency. An agency handles posting updates to the sites and then takes care of any comments that come in, deleting any unwanted comments and answering questions.
While big companies pay someone to do all of this for them, it isn’t necessary for a business to hire someone to take care of their social marketing. It’s something that small business owners can do by themselves without ever hiring an agency. It’s worldwide marketing that doesn’t require a world-class marketing budget.
Getting outside help to learn how to market with these sites may entail using an agency to teach you how to take care of the marketing. But once you learn how to do it, there are no charges and no one else needs to get involved in taking care of the social marketing. It can be done quickly each day, giving bite-sized updates that keep followers coming back to read the messages to keep up with what you’re doing.
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www.BankToTheFuture.com So after all this talk about Facebook and Google becoming banks, I got inspired to call a meeting with Thomas Power himself and a team of experts… Having signed the contract with my publisher to write my latest book on the future of banking and the launch of my alternative non-bank ‘BankToTheFuture.com’ around the corner, I have been on a bit of meeting frenzy. As banks have such a track record of non-transparency, I thought I would do the opposite and pull out the video camera during my meetings. We live in the digital, social transparent age after all right? Quite a challenge for banks when I tell them that. But anyway… So Thomas Power thinks that Facebook will have a go at creating a worldwide monopoly in financial services. As crazy as that sounded when he first said it in that famous Bank Of Facebook video, with the launch of Facebook Credits and their interest in Lending Club and Prosper, it does not seem to ‘out there’ anymore. Then we have Google who has already made the first move with the launch of Google Checkout and Google Wallet. Could the latest attempt at a social network, Google Plus, be a fully transparent way of dealing with their banking customers in the future? Amazon Payments has made a move, and with that many credit card details stored on their system, what would a move to banking look like for them? What do you think? http
Video Rating: 4 / 5
Question by *Adnan H: help me with name of my new social media marketing company?
i am looking for name for my new company in social media marketing , i know ants are social and mobs too ….. i dont wana add social or media in my company name at the same time so plz comeup with something magical
Best answer:
Answer by Social Media PRO
Vibranz sounds vibrant!!
Add your own answer in the comments!
Few questions:
1. Without interest, what is the incentive to lend money?
2. Without interest, how do I account for the risk involved in default (risk premium)?
killuminati.isgreat.org /banks,html
@ScottMcK9 Thanks for your support.
Still need banking reform but creating an alternative for those fed up of traditional banking is also a start.
Simon Dixon
Really interesting video. The way I look at it is, it’s new and if there’s anything that is a threat to the current corrupt banking system, I like this idea 🙂
@dogbarker1981 funny, I was watching that video the exact moment I got notified of your reply!
I have never heard of a flash crash before.
So, the system wasn’t hacked, someone’s Mt. Gox account was hacked.
That’s not the same thing, but in this case, it’s not much of a difference…
@whahas yeah someone had their account hacked that held a huge amount of bitcoins. Look up on youtube “Bitcoin Mt. Gox FLASH CRASH! Bitcoins at $0.01 Each” and “Bitcoin Report Volume 8 – (FLASHCRASH)”
@kazukun01toontown Thanks D,
Do you have an interest in banking reform?
Just curious.
Simon
@dogbarker1981 Excuse me, it seems that I was a few months behind… The last time it got ‘hacked’ it wasn’t really hacked, but it seems that it was hacked this time… hmm. I’ll look some more into it, perhaps, but as I understand it was Mt. Gox itself that was hacked. Correct me if I’m wrong, though.
nice video:D
@whahas So it was hacked but not hacked? They say bitcoins is totally a “free market” but some central authority (mtgox in this case) had the right to recover those bitcoins that were hacked from peoples computers that day. Hardly a “free market”.
@dogbarker1981 Still, it wasn’t hacked. Bitcoins cannot be stolen, because the bitcoins can only be spend from the computer they are on.
So you would have to hack the computer they are on and then use the wallet.
Awesome!!
@vimeocomuk It is very interesting to watch.
I am dedicating a part of my latest book to the Bitcoin story.
Thanks for sharing.
Simon
@bankingreform There is currently no bitcoin bank/ bond issuers out there but if bitcoin is still around in 3 years time I’m certain somebody will set one up. There’s already bitcoin options trading and a bitcoin stock exchange so a bond/debt market is bound to be on the cards sometime soon. It also occurred to me the other day that the big exchanges like mtgox are actually “promising to pay” you your bitcoins that you have in an account with them. Which is full reserve banking.
@vimeocomuk Yes I agree, even have fractional reserve banking in bitcoins as well. However, you have to have enough in supply to meet the demands of a growing population or you will get serious deflation. If everyone in the U.S. went on the bitcoin standard would there be enough bitcoins to meet the populations demand? Answer is no, they would be at the mercy of the current bitcoin holders.
@vimeocomuk Is there fractional reserve banks in the world of Bitcoins???
Sorry Chris, don’t forget that although the number of bitcoins is set in stone. There could always be bitcoin credit money issued by bitcoin banks. In the same way 97% of of money today is credit and only 3% is cash.
@vimeocomuk lol you called me Bill. Is that like in Bill Still? My name is Chris, just to set the record correctly :p. Even if you add decimals you are back tracking on the same supply of bitcoins. This concept has never made any sense to my why they would think this would work to prevent Deflation in the currency.
The hackability of bitcoin is a real issue, but hypothetically speaking if it was 100% unhackable I see bitcoin as the perfect new form of money. Some say that 21 million bitcoins isn’t enough but you can add 8 decimal places after each one and rename each smaller denomination. Bills point about it dropping from 30 to 10 and being unstable is to be expected the bitcoin currency is in its infancy.
If you buy 21 bitcoins today you will always be 1 in a million the same can’t be said about gold
@bankingreform yes I was just about to say nothing is 100% hack proof and the last thing we would need is another private interest or banker creating such a code in their favor rather than the benefit of the general public. But the efficiency could be enough that would be better than the current system and an electable regulation comity could be formed to oversee the source code to make sure no wrong doing is being done. It comes down to trust of the people and a system for the people
@dogbarker1981 Interesting. From what I know about banking and IT though, there is not such thing as 100% hack proof. Everything is hackable. The most secure system I know is Apple.
Simon
@bankingreform could debt free money like a bitcoin work? Yes. But you would need to get government on board and trade debt notes with the new debt free notes 1:1. The program code would have to be 100% hack proof and issuance tied to something like the GDP or population growth to keep the quantity controlled. I really don’t like the GDP idea because you can increase GDP simply by going to war and/or increasing # of sick people. It’s a far stretched idea, I am just throwing it out there.
@bankingreform I think it will be nothing more than a hyped fad, just like the Magic The Gathering Card Market was back in the day. It wont work as a monetary system because a majority of the coins are already owned in private hands. 30.00 to 10.00 in 2 months should be example enough the system is not stable. It was even brought down 15 to 0 in a matter of seconds one day thanks to a hacker. Also there is no government laws protecting the system, this is very dangerous. Monetary anarchy
@dogbarker1981 What do you think about Bitcoin?
Love to hear your opinions.
Simon
@MartinYau8 Could not have said it better myself Martin.
Thanks for the comment.
Simon