Monday, 7 January 2013

The Ultimate Cheat Sheet for Mastering LinkedIn



With more than 175 million users, LinkedIn is the most popular social network for professionals as well as one of the top social networks overall.


Are you using it to its fullest potential? While Facebook, Twitter, Google+, and Pinterest have been monopolizing the buzz in the social media marketing world lately, LinkedIn is a powerful platform that often gets underutilized or put on the back burner.

But the truth is, LinkedIn can be extremely useful -- especially when you're aware of all the little hidden tricks that don't get nearly enough exposure as they deserve.

To help you master LinkedIn, below is our ultimate list of 35 awesome tricks you may have been overlooking.

We've divided these tips into three main categories -- optimizing your LinkedIn presence, using LinkedIn for professional networking, and using LinkedIn for business and marketing.

Optimizing Your LinkedIn Presence


1) Claim your vanity URL.


Make your profile look more professional and easier to share by claiming your LinkedIn vanity URL. Instead of a URL with a million confusing numbers at the end, it will look nice and clean like this: http://www.linkedin.com/in/pamelavaughan. Do so by going here and clicking "customize your public profile URL" down on the right-hand side.

2) Create a profile badge for your personal website.


If you have your own personal website or blog, you can promote your personal LinkedIn presence and help grow your professional network by adding a Profile Badge that links to your public LinkedIn profile. LinkedIn has a few different badge designs to select from, and you can configure your own here.

3) Make your blog/website links sexier.



Instead of using the default "My Website"-type anchor text links in your LinkedIn profile, you can change the anchor text to make those links more appealing to people who view your profile. So if you want to increase clicks on the website links you can display on your profile, change the link's anchor text to something more attention-grabbing than the standard options LinkedIn provides. 

For example, if you want to include a link to your blog, rather than choosing LinkedIn's standard "Blog" anchor text, customize it to include keywords that indicate what your blog is about, like "Internet Marketing Blog." Each profile can display up to 3 website links like this, and they can be customized by editing your profile, clicking edit on your website links, and selecting "Other" in the drop-down menu to customize the anchor text.

4) Search engine optimize your profile.


You can also optimize your profile to get found by people searching LinkedIn for key terms with which you want to be associated. Add these keywords to various sections of your profile such as your headline or summary.

5) Install applications.


Did you know that LinkedIn provides a variety of different applications you can use to improve your LinkedIn profile? Browse the Application Directory, and consider adding the SlideShare application or linking your blog to showcase your presentations and blog articles on your profile. The Events application is also a great way to see what events your connections are attending and find other popular industry events to attend.

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Thursday, 3 January 2013

Some Small Businesses Have Social Media Budgets Over $100,000


How does your social media budget compare with other small businesses?

If you’re like 5% of the small businesses that have a social media strategy, then you have a social media budget over $100,000 annually.

But what if you’re not part of the $100K club for social media budgets?  Well, the fact is, most of your peers that are already using social media have much lower budgets.  The median budget for social media among those small businesses is far smaller – between $1,000 and $2,499 per year, as this week’s chart demonstrates:




The data is from the 2012 Small and Medium Social Business Study conducted by the SMB Group in mid-2012.  That study surveyed small businesses with under 100 employees.  The numbers do NOT include the cost of internal staff, although the numbers DO include outside consultants. The data covers just those small businesses that already use social media.

A few key points are worth pointing out:

(1) Non-strategic users of of social media are less likely to have a budget for social media. No surprise there.
(2) But what is a surprise, is how many small businesses say they use social media strategically — yet have no budget or report a minuscule budget of $500 or less. You’d think that strategic users would be more deliberate in allocating specific funds for social media. But it’s possible that their biggest expenditure is internal staff dedicated to social media — staff costs are not reflected in these numbers.

(3) Some small businesses are jumping on the social media bandwagon without thinking it through.  They may be wasting money, leading to disappointment later.  Look at the percentages of small businesses with no strategy that are spending $25,000, $50,000, even $100,000.  If they don’t know what their strategy is, how can they know whether all that money is being well spent?

Here is what you should do:

If you operate or work in a small business, this shows what your peers are budgeting for social media.  As you can see, aside from internal staffing costs, social media need not cost a lot out of pocket, especially at the start.  The median external expense is under $2,500 annually (around $200 a month or less). Most small businesses can afford that.

Perhaps the biggest challenge will be to allocate staff internally, as the staffing costs are not captured here — and social media is time-consuming to carry out.  Also, be sure to first develop a social strategy to avoid disappointment and waste.  It’s not bad to spend — just bad to spend unwisely.

For consultants, marketing agencies and technology companies, consider that small business budgets are all over the ballpark.  Some appear willing to spend freely (even without a strategy!) yet others do not.  That suggests you should offer a variety of different price points, starting with free limited offerings, and offering a migration path up to higher-priced, more full-featured offerings.

As small businesses see wins from free advice and or low-cost tools, the smart ones will be more inclined to invest in higher-level solutions and consulting to drive better results. “Help small businesses develop a social media strategy driven by their business goals to get value from social media,” adds Sanjeev Aggarwal of the SMB Group.

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