On Thursday, Facebook announced major changes to the platform that we all know – and hardly love. Through the wonders of modern technology (thank you, C Spire), I watched the entire presentation through streaming video, from my car, while Andy drove. An hour or so later, my summary and comments went to the media in the following statement. To begin what will certainly be a lengthy discussion on this blog of the money-making possibilities for a variety of businesses with the new Facebook platform, I wanted to share this release with you.

Chapman Comments on Facebook Overhaul

September 22, 2011 – Today, changes were announced in the last few hours by Facebook CEO Mark Zuckerburg. Below is a summary and extemporaneous comments from The Gibbes Company’s Director of New Media Marianna Chapman.

Today, Facebook announced major changes that in the words of their CEO Mark Zuckerburg will “reinvent industries.”
Among those that will be transformed by today’s announcement are music, video, media, and businesses selling lifestyle brands, products or experiences… that’s a pretty broad range of reinvention!

Facebook’s announcement today centered around two major changes and a third change that I believe is the most transformational of all for business. Today’s announcement will forever change the way that life is shared and how content spreads virally throughout the social web.

Most importantly for business, I believe, is the introduction of “verbs” to the open graph. Last year, Facebook introduced nouns to the open graph, allowing users to “like” a variety of people, places, things, experiences, etc. Many businesses have experienced the benefit of the “like” button as it has driven personal preferences for brands, products and experiences virally over the past year.

Now, verbs are added. Developers will be able to add any verb they wish to the open graph and insert those reactions into the open graph in a variety of ways. For example, the possibilities include the addition of a “want,” “ate,” “cooked,” “read,” “listened” or “watched” buttons that operate similarly to the current “like” button. For business purposes, this allows marketers to personalize more specifically how users engage with products, brands and experiences in a way that boosts social sharing – and thus the exponential power of their marketing machine when used strategically.

Beyond this development, two major interface changes were announced.

Beginning immediately for developers in beta format, and then rolling out to all users over the next few weeks, Facebook will introduce the Facebook Timeline. The Facebook Timeline will entirely replace the current personal Profile for Facebook users. Facebook calls this Profile replacement a way to present the “story of your life.” This new format looks to me a lot like a “Tumblr style” blog presentation of all the various types of experiences in your life including photos, videos, wall posts and comments, travel, and interactions with all of life among other things.

Next, canvas apps will allow for “frictionless experiences” with apps, and therefore products, brands and experiences, on Facebook. Think of it like the demise of the pop-up box and the birth of more real-time web-based social sharing… That’s a mouthful! But the interface looks fantastic, and the development options for business are mind-boggling. Facebook will immediately introduce music, video and news apps with the launch of Timeline.

These Facebook developments present a fundamental leap forward in the power of Facebook for viral marketing as well as the overall power of social sharing on the greater web.

Want to talk about this more?

Contact me directly at mchapman at gibbes dot net, or let’s chat in the comments. I welcome your thoughts and this discussion is just getting started to be sure!

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It’s time to consider using video to market your business. It doesn’t matter what size business you have, video is now an affordable and most importantly, effective, tool that can improve sales significantly. The following statistics about marketing with online video using video sharing sites should make you think twice about ignoring this powerful marketing tool:

“Video in email marketing increases click-through rates by 96%.” – Implix 2010 Email Marketing Trends Survey

“Press releases that include video components receive 500% increase in views.” – Eloqua, April 2010

I found these stats over on Pixability’s web site that say that sites with video receive…

• 30% more clicks
• 18% more calls
• 30% more store visits
• 24% more purchases than those without video

In July 2011, a Pew Research Center study said that 71% of adults watch online video like YouTube or Vimeo videos. According to this study, rural and minority Internet users are no less likely to watch online video than suburban or city dwellers. Men and women are also equally likely to use video-sharing sites. Also of interest, parents use video-sharing sites more than non-parents. Some 81% of parents in the Pew study reported using video-sharing sites compared to 61% of the non-parents.

Mobile use is on the rise, too… It seems that 34% of cell phone users in the United States have shot video with their phone, 26% have watched video on their phone and 22% have posted videos or photos online… all from their mobile phone.

YouTube viewership has grown from 8 million views a day at the end of 2005 to 3 billion views a day in 2011, according to YouTube.

All of this on the heels of Forrester Research’s stunning announcement in 2009 stating “You are 53x more likely to appear on Page 1 of Google’s search results if you have video on your web site.”

Now. That is shocking.

Why aren’t you using video in your marketing? What is holding you back? Ask your questions or share your roadblocks, and I’ll try to answer your questions in future posts on this blog.

Photo Credit: Mike Jennings

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Choosing one social network over another might seem like a toss-up for small business owners. What does it matter which one you use, as long as your business is online? You’re interacting, you’re building a network, so you’re accomplishing your online marketing goals, right?

Well, maybe. But with a little insight you can not only make better decisions about which social network(s) to put time and effort into, you can also learn how to use them more effectively. That means more results in less time, and that’s a good thing for anyone in the hectic world of running a small business.

What Are Your Goals?

(If you don’t know, check out this recent post on how to set your goals – and follow our series on marketing planning.)

What do you want to accomplish with your social networking? If your first answer is “to create an online presence,” well, that’s a good starting point. But what do you want to do with that online presence? Do you want to connect with customers? Get feedback? Build a mailing list? Generate leads? Sell your products and services online? Get people to your blog or website? Collect customer information? Interact with your most loyal customers? Get word-of-mouth spreading via the online networks?

Certainly it would be nice to accomplish all of those things with social networking, and over time you can get close to achieving all. In fact, most of those goals are spin-offs; achieve one, such as spreading word-of-mouth, and you’re automatically achieving another, such as generating sales leads.

But goal achieving isn’t automatic. While any online presence is better than none, a smart small business will make savvy use of the Internet and those vast resources.

Facebook vs. Twitter: A Few Surprises

Facebook is the online giant, bigger than Google now, with 78% of all social networking traffic belonging to Facebook, That’s great news for you, when you set up your Facebook Business Page. And Twitter, with only 5% of the social networking traffic, is a much, much smaller piece of the pie. But traffic isn’t the only thing that matters; you not only need people to visit you (on Facebook or Twitter) you also need them to respond, to interact, to follow through, to take you up on those great offers. And while Facebook, the social giant, gets an average of 3 clicks per link posted, Twitter users get a much higher response: an average of 19 clickthroughs for each embedded link. That’s a huge difference!

How to Be Savvy
Now before you go delete your Facebook page and focus all your time and attention on Twitter, take a moment. Facebook and Twitter are vastly different social networks, and if you’re smart, you’ll use both – in a partnership – and reap the benefits of both. Here are a few key differences:

Facebook reaches a bigger audience, but Twitter reaches a more targeted audience. So it’s going to take longer to get noticed on Facebook, but there’s huge potential once that happens. Once you do cross an attention threshold with Facebook, your audience is almost unlimited. So realize that you’ll have to invest more time into building up your Facebook page, but that the investment can pay off in big numbers.

Twitter is very of-the-moment, but Facebook makes browsing easier. Although the new Twitter interface makes it easier to look back at the history of a particular user, it’s a different atmosphere. Twitter users want to be in the moment, so if they miss your first link or mention, they might not go back and find it. With Facebook, however, when a user visits your page they get all your latest information right there in one spot, and responding to older posts or information is easier and more common. Use Twitter to tweet and retweet relevant news, information, links, updates, deals, and ongoing items of interest, and use Facebook to interact on a deeper level with your customers and fans.

Image by 10ch.

Sources:
Entrepreneur Magazine
SocialTwist Sharing Trends Report

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Improve Your Holiday Sales by Promoting your Holiday Sales Online

In this day of increasing e-commerce importance, Black Friday is now only half of the post-Thanksgiving shopping megathon. Cyber Monday is the other half, just one more (strong) indication that the masses aren’t just shopping in-store anymore. They are, most definitely, shopping online. As we near the Christmas deadline, the shopping averse, busy mommy in me has once again found myself leaning on e-commerce… With that in mind, I send my annual encouragement to make this the year that you enjoy the increased profits possible from delving into the online world of e-commerce sales…

It’s easier than ever before: You can attract the online shopping crowd even if you’re not selling online by promoting your holiday specials via your website, blog, Facebook page, and/or Twitter account. Any presence you have online is a great opportunity to let the crowds – local and beyond – about your holiday specials.

Do a Little Decorating

Customize your website, blog, or Facebook page with a little Christmas décor. Add a graphic or two, or simply put a big “Happy Holidays” or other seasonal greeting front and center where all the visitors will see it.

Tell Them Where to Go

Put up a graphic, tab, or link on the navigation bar to direct your online visitors to your holiday specials. If you’re using Facebook, you can add a special tab designated as “Holiday Deals” or anything along that line. You can even make that tab the default-landing page for the holiday shopping season.

Talk About It

Have a blog? Put up a post each day describing one of your holiday specials, your great product, your discounts, and why what you’re offering will be the perfect gift. Get customer testimonials and put them on your blog, website, and Facebook page.

Use Twitter

Be sure to promote your holiday specials with your Twitter account. Use Twitter hash tags like #holidayshopping, #holidaydeals, #cyberweek, #shopping, and #deals. Offer good deals and great products, and make sure people know about them.

Take notes and don’t let another year go by without having online shopping options for your business. These same ideas translate nicely to Valentine’s Day, Easter, Mother’s & Father’s Day, etc. – so get out there and grow your business with online sales options!

Image by Medmoiselle T.

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