twitter

social media

How to do Social Media the Right Way

Leave a Comment / Fun Stuff, Marketing, Small Business / By / / , , , , , , , , , ,

When you think about posting on your business social media pages, do you start to panic, feel overwhelmed, and just feel all around uncertainty about what the heck you are even doing? Don’t worry, you aren’t alone. The funny thing is, social media for personal use can be fun, informative, and doesn’t require much effort or deep thought – for the most part. See a lost dog post, share it. See a post looking for recommendations for a plumber – put the info for Joe’s Plumbing because you wouldn’t think of calling anyone else.

When it comes to using social media for business, it seems like there are so many rules and the information can be conflicting. But doing social media the right way can be very simple, straightforward, and dare I say – rewarding and fun. When you start to get more followers and increased engagement, you’ll agree on the last two!

Here’s some simple and easy tips to help you get your business social off on the right foot or to improve what you are doing now:

  1. Pick the right channels. The easiest way to get overwhelmed is to try to post on every single social media channel out there. And yes, I purposely used the word try. Because unless posting on social is your full-time job, it’s almost impossible to keep up with every platform. Choose the platforms that your ideal clients are on. For example, if you cater to women in the 35-55 range, yes you should be on Facebook, Pinterest, and even Instagram.
  2. Be consistent. Posting 2x a day for 2 weeks is great, but it’s not going to help you if you come to a screeching halt and stop posting for 6 months. Find a cadence that you can keep up with. 3x a week – great, start there. If you can increase to 1x a day, even better. But start small and work your way up as you get more comfortable.
  3. Plan ahead. If you post daily at 1 pm, don’t wait until 12:45 to figure out what you want to post. Use a spreadsheet and create your content in advance. Use Hootsuite or other scheduling platforms to set up all your content at least a week ahead so that you don’t have to panic at the last minute.
  4. Engage. Social is meant to be social. Engage with other people, pages, and groups. If you are a florist and you see a post in a group asking about the best plant food for roses, feel free to chime in and share your knowledge and how you know so much (because you are a local florist) and if they have any other questions, here’s how to reach you. You are being helpful, but also noting your business. If you want people to engage with you, you have to engage with them. If people comment on your posts, make sure you engage back with them. Serve not Sell.
  5. Follow others. A little quid pro quo is par for the course when it comes to social media. Want to increase your follows, start following others. If you want to keep an eye on the competition, don’t follow them from your business page, use your personal. But otherwise, follow any associations, chambers, and complementary businesses that make sense. If you are a florist, following a bridal boutique, wedding venue, and catering companies just makes sense.
  6. Always look at your metrics. I know, I get it. The metrics can be confusing and well, boring for many to look at, but trust me, you won’t know if you are successful unless you look at your metrics. How many new followers did you get? What topics got the best engagement? What timing got the best engagement? You get the idea. Does video or pictures or text get more engagement? You can look at so much data!

Hopefully, you made it this far and didn’t get stressed out. These rules are meant as a guideline. Start small and take them one at a time. Rome wasn’t built in a day so don’t expect to get 500k followers in a week. And don’t forget to have fun with it!

How to do Social Media the Right Way Read More »

Social Media – Quality vs. Quantity

Leave a Comment / Entrepreneur, Marketing, Must Read Blogs, Sales, Small Business, Tips / By / / , , , , , , , , , , , , , , ,

Does even thinking about posting to social media stress you out? How many times to post, what to post, when to post, etc.? Are you putting content out just for the sake of putting content out on social media? Are your followers just not engaging and your audience isn’t growing? When it comes to social media posts, quality beats quantity every time.

The norm has always been that consumers expect companies to have content readily available to consume – blogs, social media, enewsletters, downloadable ebooks, white papers, etc. They still look for this type of content, however just having a large library of stuff isn’t enough – consumers want quality of resources from companies they do business with – not just fluff.

First, we need to back up and define what quality means to consumers – it’s targeted, more personalized, highly creative messaging. Content that is focused on better understanding and interacting with your clients. Even small brands can easily produce content that looks just as good as the big dogs.

When a prospect is looking to learn more about your company, yes, they will Google you and visit your website, but they will also look to see what social media channels you are on, the type of content that you post, and how long ago you posted. Just throwing posts up that your customers and prospects don’t care about is not going to help you engage with them. However, one good quality post on Facebook can do way better than five poor quality posts.

Some tips to posting high quality content are:

  • Photos – they don’t need to be done professionally, but make sure they are well lit, not blurred or grainy.
  • Videos – also need good lighting and good sound.
  • Sharing Blogs – need to be interesting and relevant topics but also have good spelling, punctuation and grammar. It should be around 500 words or more to keep readers on your website for longer which is a good SEO signal to Google.
  • Sharing 3rd Party Content – share content from reputable sources that don’t require signing up for memberships. Articles from newspapers, magazines, etc. are usually good sources
  • Your content – only 20% of your content should be around your business – if you are constantly pushing a sale people will unfollow you

I get asked a lot about the best times to post on social media. There is no concrete answer to this. You need to post when and where your audience is going to see your posts. Why post on Twitter if your audience is on Facebook? If your audience primarily engages in the mornings, don’t wait to post until the afternoon.

Don’t get hung up on the numbers. Many people will engage in campaigns to buy likes or followers. This might seem great in the short term, but these people are most likely not your ideal clients and will never engage with you. At the end of the day, your goal is to be seen as an expert, a trusted advisor, and of course to get traffic to your website as that is where the sale is. If your engagement is low, then ask yourself if it is the quality of the post or is that the content isn’t resonating with your audience.

When it comes to social media posts quality will always beat quantity. You aren’t Gary V or Jenna Kutcher – you don’t need to keep up with the quantity of posts that they put out daily – they have teams of people who do this for them. For the DIYers – just focus on the quality. That’s all you need to do.

Social Media – Quality vs. Quantity Read More »

Social Media – How to Manage the Different Platforms

Leave a Comment / Entrepreneur, Featured, Must Read Blogs, Operations, Small Business, Uncategorized / By / / , , , , , , , , , , , , , , , , , ,

We work with a lot of small business owners – some have been in business for decades and others we’ve helped recently launch – and one of the questions we ALWAYS get asked is, “Do I really need to be on social media and what platforms should I use?” We get it, Social Media is a monster to try to understand. From figuring out the different platforms, to creating profiles, to figuring out what to post and when, it can be so overwhelming and confusing for those just starting to dabble in it or who haven’t expanded much beyond either Facebook or LinkedIn.

To answer the question above – YES, you absolutely should be on social media. BUT you don’t have to be on every platform. The key is to be on the platform that your potential buyers and current clients are on. If you market to teens and younger generations, they aren’t going to go looking for your company on LinkedIn, but they will look for you on Instagram or Snap Chat. Just like someone looking for a Realtor or CPA wouldn’t try to find someone on Twitter or Snap Chat – they would look for you on Facebook or LinkedIn. To help you out, here’s a list of the most popular social media channels and who is using them. Demographics sourced from Spredfast.

Facebook: It’s still the most popular social media network in use with over 2 Billion users and regardless of your industry, your business should have a Facebook page. You can use it to share photos, Facebook Live video, company updates, and content that your followers would find useful. You can also list what your company does, the hours you are open, your phone number, website, etc. Facebook also has some of the best analytics and advertising tools. Users range from 18 to 65+, are equally men and women, and cover all income ranges. There are 179 million users on mobile and 90 million users on desktop per month.

Instagram: Now owned by Facebook, Instagram is becoming more popular with over 800 million users. Instagram is a visual platform that’s based entirely on photo and video posts. You can’t share articles or other content easily, and no URL’s are allowed in posts. Depending on your industry, this may not be a great fit. Brands that do well are often photographers, health and fitness, real estate, clothing, shoes, beauty products, etc. The person running your account have a good eye for detail and at least basic photography skills, so the photos and videos posted to your account are high-quality. Users are primarily 18- 49 years old, more women than men, and include all income levels. This is primarily a mobile based platform.  At Red Barn we’ve recently decided to re-engage our Insta Life!  Check us out @redbarnct.  W

Twitter: This seems to be the platform that many people either love or hate – with over 317 million users. It’s great for posting quick updates, videos, photos, and links to blogs or other articles, but it certainly isn’t for everyone. You are limited to 240 characters per tweet. It’s a great tool to easily interact with other users and many companies use it to handle customer service. This may not be the best platform if you prefer more visual posts or don’t have a lot of your own content to share. If you have interesting content, Twitter is a great tool for quickly spreading the word and if a user with a lot of followers retweets you, your content could go viral. Twitter is very quid pro quo – in order to be successful, you need a mix of your own content and sharing and retweeting other interesting content. Users range in age but are skewed more to the 18-29 audience, with slightly more males using the platform than females. Users range across all incomes and surprisingly more people use Twitter on desktop vs. mobile.

Pinterest: This is another very visual platform that allows users, over 200 million, to save and share content by “pinning” them to digital bulletin boards. You can organize your content and boards by different categories. From the business perspective, the platform has special pins called Rich Pins which brands can use to add specific information to their pins, like product details and even location maps. Every pin includes an image or video. This is another platform that isn’t for everyone. Brands that work in DIY projects, fashion, exercise, beauty, photography and food usually do very well here. There are 20% more women on the platform than men, users range from 18 – 64 years old, and cover a range of income levels. There are over 70 million mobile user’s vs only 27 million desktop users per month. Like Insta – we are playing around with building up our Pinterest game – it’s a work in progress.  The goal is to drive more people back to our website.  We will keep you posted!

Snapchat: This is another mobile only platform with over 300 million users. It’s a visual platform that is known for its disappearing content. Users can send video or photos to other users or post to their public Stories (which disappear after 24 hours). Content can be saved and uploaded to other platforms, and users can now chat, message, create events, and share media content within the platform – something that previously wasn’t available. Snapchat has a ton of filter options for photos, and since the content isn’t forever, many people find less pressure to post more polished content. Only followers can see your stories, so building an audience is key to getting engagement on your content. 70% of the users are women, and users range from 13 – 34 years old. This is a mobile only app with no desktop option.

YouTube: Now owned by Google, YouTube is a video-sharing platform with over 1 Billion users where people can view, upload, rate, share and comment on content. Business often use YouTube to host their creative, visual or educational component. Your videos should be polished, although they don’t have to be professionally produced, but they shouldn’t be done with a shaky cell phone camera. You don’t even need to have your own channel to take advantage of advertising. Many businesses partner with popular YouTubers  for product placement, because these users already have engaged audiences. Users are primarily between the ages of 25 and 44. There are slightly more males using the platform than females, and traffic is evenly split between mobile and desktop.

LinkedIn: This is a much more business centric platform with over 106 million monthly users. It is hands down the best platform for professional networking. It’s a great place to promote your business, find top talent, and showcase yourself as an industry expert in your field. Posts should be much more conservative than you would share on other platforms. Many people create personal profiles to act as a digital resume since businesses will post jobs and research candidates using the platform. LinkedIn also has very specific industry groups that users can join – this is a great place for you to be since you can answer questions, share content, and be an expert and draw people to your company\’s page and website. Most users range from 18 to 64 years old, are in the $50k a year and up income range and are split almost even between men and women. People prefer to use this platform on desktop vs mobile.

If you aren’t sure if you should be on a platform, spend some time exploring it. See what other businesses are on there, if your competition is on there, and if your target clients are on there. It’s far better to be good at 2 platforms than to be mediocre or poor at 4. It’s important to stay consistent and post content that is going to bring your followers value. Wanna follow Red Barn on social media? You can find us here:

Facebook: @RedBarnConsulting

Twitter: @RedBarnCT

LinkedIn: Red Barn Consulting LLC

Instagram: @redbarnct

Pinterest: Red Barn Consulting LLC

Social Media – How to Manage the Different Platforms Read More »

Social Media – How to Manage the Different Platforms

Leave a Comment / Entrepreneur, Featured, Must Read Blogs, Operations, Small Business, Uncategorized / By / / , , , , , , , , , , , , , , , , , ,

We work with a lot of small business owners – some have been in business for decades and others we’ve helped recently launch – and one of the questions we ALWAYS get asked is, “Do I really need to be on social media and what platforms should I use?” We get it, Social Media is a monster to try to understand. From figuring out the different platforms, to creating profiles, to figuring out what to post and when, it can be so overwhelming and confusing for those just starting to dabble in it or who haven’t expanded much beyond either Facebook or LinkedIn.

To answer the question above – YES, you absolutely should be on social media. BUT you don’t have to be on every platform. The key is to be on the platform that your potential buyers and current clients are on. If you market to teens and younger generations, they aren’t going to go looking for your company on LinkedIn, but they will look for you on Instagram or Snap Chat. Just like someone looking for a Realtor or CPA wouldn’t try to find someone on Twitter or Snap Chat – they would look for you on Facebook or LinkedIn. To help you out, here’s a list of the most popular social media channels and who is using them. Demographics sourced from Spredfast.

Facebook: It’s still the most popular social media network in use with over 2 Billion users and regardless of your industry, your business should have a Facebook page. You can use it to share photos, Facebook Live video, company updates, and content that your followers would find useful. You can also list what your company does, the hours you are open, your phone number, website, etc. Facebook also has some of the best analytics and advertising tools. Users range from 18 to 65+, are equally men and women, and cover all income ranges. There are 179 million users on mobile and 90 million users on desktop per month.

Instagram: Now owned by Facebook, Instagram is becoming more popular with over 800 million users. Instagram is a visual platform that’s based entirely on photo and video posts. You can’t share articles or other content easily, and no URL’s are allowed in posts. Depending on your industry, this may not be a great fit. Brands that do well are often photographers, health and fitness, real estate, clothing, shoes, beauty products, etc. The person running your account have a good eye for detail and at least basic photography skills, so the photos and videos posted to your account are high-quality. Users are primarily 18- 49 years old, more women than men, and include all income levels. This is primarily a mobile based platform.  At Red Barn we’ve recently decided to re-engage our Insta Life!  Check us out @redbarnct.  W

Twitter: This seems to be the platform that many people either love or hate – with over 317 million users. It’s great for posting quick updates, videos, photos, and links to blogs or other articles, but it certainly isn’t for everyone. You are limited to 240 characters per tweet. It’s a great tool to easily interact with other users and many companies use it to handle customer service. This may not be the best platform if you prefer more visual posts or don’t have a lot of your own content to share. If you have interesting content, Twitter is a great tool for quickly spreading the word and if a user with a lot of followers retweets you, your content could go viral. Twitter is very quid pro quo – in order to be successful, you need a mix of your own content and sharing and retweeting other interesting content. Users range in age but are skewed more to the 18-29 audience, with slightly more males using the platform than females. Users range across all incomes and surprisingly more people use Twitter on desktop vs. mobile.

Pinterest: This is another very visual platform that allows users, over 200 million, to save and share content by “pinning” them to digital bulletin boards. You can organize your content and boards by different categories. From the business perspective, the platform has special pins called Rich Pins which brands can use to add specific information to their pins, like product details and even location maps. Every pin includes an image or video. This is another platform that isn’t for everyone. Brands that work in DIY projects, fashion, exercise, beauty, photography and food usually do very well here. There are 20% more women on the platform than men, users range from 18 – 64 years old, and cover a range of income levels. There are over 70 million mobile user’s vs only 27 million desktop users per month. Like Insta – we are playing around with building up our Pinterest game – it’s a work in progress.  The goal is to drive more people back to our website.  We will keep you posted!

Snapchat: This is another mobile only platform with over 300 million users. It’s a visual platform that is known for its disappearing content. Users can send video or photos to other users or post to their public Stories (which disappear after 24 hours). Content can be saved and uploaded to other platforms, and users can now chat, message, create events, and share media content within the platform – something that previously wasn’t available. Snapchat has a ton of filter options for photos, and since the content isn’t forever, many people find less pressure to post more polished content. Only followers can see your stories, so building an audience is key to getting engagement on your content. 70% of the users are women, and users range from 13 – 34 years old. This is a mobile only app with no desktop option.

YouTube: Now owned by Google, YouTube is a video-sharing platform with over 1 Billion users where people can view, upload, rate, share and comment on content. Business often use YouTube to host their creative, visual or educational component. Your videos should be polished, although they don’t have to be professionally produced, but they shouldn’t be done with a shaky cell phone camera. You don’t even need to have your own channel to take advantage of advertising. Many businesses partner with popular YouTubers  for product placement, because these users already have engaged audiences. Users are primarily between the ages of 25 and 44. There are slightly more males using the platform than females, and traffic is evenly split between mobile and desktop.

LinkedIn: This is a much more business centric platform with over 106 million monthly users. It is hands down the best platform for professional networking. It’s a great place to promote your business, find top talent, and showcase yourself as an industry expert in your field. Posts should be much more conservative than you would share on other platforms. Many people create personal profiles to act as a digital resume since businesses will post jobs and research candidates using the platform. LinkedIn also has very specific industry groups that users can join – this is a great place for you to be since you can answer questions, share content, and be an expert and draw people to your company\’s page and website. Most users range from 18 to 64 years old, are in the $50k a year and up income range and are split almost even between men and women. People prefer to use this platform on desktop vs mobile.

If you aren’t sure if you should be on a platform, spend some time exploring it. See what other businesses are on there, if your competition is on there, and if your target clients are on there. It’s far better to be good at 2 platforms than to be mediocre or poor at 4. It’s important to stay consistent and post content that is going to bring your followers value. Wanna follow Red Barn on social media? You can find us here:

Facebook: @RedBarnConsulting

Twitter: @RedBarnCT

LinkedIn: Red Barn Consulting LLC

Instagram: @redbarnct

Pinterest: Red Barn Consulting LLC

Social Media – How to Manage the Different Platforms Read More »

Social Media and Health Care: Improving the patient experience – digitally!

Leave a Comment / Healthcare, Marketing, Must Read Blogs, Sales, Uncategorized / By / / , , , , , , , , , , , , , , ,

Let’s face it, we live in a digital social world. Brands of all types have made their mark on Social Media – Twitter, Facebook, LinkedIn, and Instagram – but where are the health care providers?

  1. Oh, there are a few out there, but many are adverse to jumping on the social media wagon and here’s why avoidance is a mistake.
    Your patients are there and they WANT to engage. Using platforms such as Twitter or Facebook to brand your practice is a given, but are you posting content that is ABOUT them vs. about you? 80% of your content should have nothing to do with the services you offer. How much can you really write about Breast Exams or Colonoscopies or wait times in the ER? Ask questions! Ask for Feedback! Talk about preventative care, families and lifestyle. Patients also want to see the team from the doctors to the intake folks and everyone in between. Who are they? Why would I as a patient want to engage with them? Trust them with my care – my life? It’s all part of the customer experience.
  2. Improve Patient Communication. We all know that social media is not the place to talk about personal health care issues, but it is the PERFECT place to address broad questions. The key is to have a Social Media Manager and/or Patient Advocate managing social feeds. If indeed a personal health question arises, the Manager can direct the patient to a secure portal or have a health care provider call him/her to discuss concerns. As with any business, there will be Frequently Asked Questions that appear and best practice is to create an FAQ page on your website to direct patients or prospective patients to.
  3. More Satisfied Patients. It really all goes back to communication and transparency. Patients want to feel they are involved in their health care decisions AND they want providers who are willing to help them along the way. There is also the connectivity factor – connecting patients with other patients who share the same illnesses – almost like support groups but online. It’s perfectly OK to have a private MONITORED Facebook page for a variety of topics/groups such as Cancer Survivors, Sports Injuries, Heart Attack Survivors or those currently going through some life changing issue or chronic condition. When the Health Care Provider CARES and is involved, patient satisfaction will naturally rise. You are developing a community that your patients can be a part of.
  4. Education – Teach and Learn. It’s a given that social media is a great venue to educate your patients, and video is by far the #1 channel to do it. Not only is video engaging but it shows the true personalities of the presenters – doctors, PAs, NPs and other providers. Offering educational videos on everything from pre-op to post-op procedures to stretching exercises and healthy menu planning – the sky is the limit! Every physician is an “expert” and has a point of view. Social media allows physicians to easily share that expertise with the world and further engage current patients as well as attract new ones.

In the end, it’s all about putting you and your practice/group/hospital out there and allowing your patients to learn, teach, and engage.

Your patients are begging for this – where are you on the social spectrum?

Social Media and Health Care: Improving the patient experience – digitally! Read More »

Managing Social Media — Why Can’t It Be A Little.. Easier?

Leave a Comment / Fun Stuff, Marketing, Uncategorized / By / / , , , , , , , , ,

Many businesses see social media as a “necessary evil” — Something you have to do because everyone else is doing it. After all, if you’re not using Facebook, Twitter, LinkedIn, Pinterest etc., you’re missing out. While that’s true, it gives us a sad face every time we think about businesses seeing social media as a chore, because, done right, it can be easy, and powerful.

It’s all about having a plan — Now, before you click away in disgust at having to plan something else, it’s not a big plan. We’re not talking a high-fallutin’ plan for a Rube Goldberg-esque style machine, just a simple, common sense approach to make things easy, and, perhaps, a little more joyful.

Don’t believe us? Read on…

Who’s going to have the responsibility for social media? First things first, who do you want to handle your social media accounts? Now, that could be one of your people who have a great understanding of the right approach, tools, and techniques to use — Or, you could outsource it to a creative marketing agency who has your brand\’s best interests at heart. Like… Us, for example? (we aren’t always subtle)

Anyway, you need to have someone who is going to have responsibility for your social media, who can review and post everything you need, and who can speak with your company’s voice. They need to understand and love your customers.

Where do you post? Different types of business will get the most advantage from different social platforms. You probably won’t find much of an audience for your recipes on LinkedIn, and folks on Pinterest probably aren’t going to be thrilled by your course on chartered accountancy. But, once you can match your message to your social media, that’s when things get real interesting.

  • Facebook — Pretty much everyone uses Facebook — Over 20% of all pages seen on the web are on Facebook. You need to be there, simple as that.
  • Twitter — With millions of people using Twitter, and the opportunity to easily go viral with the right message, Twitter is also pretty much essential.
  • Pinterest — Do you have a visually appealing product, service, or brand? If so, Pinterest is a great place to get traction.
    Instagram — Like Pinterest, Instagram is perfect for pretty products.
  • LinkedIn — Marketing more to professionals and business people? This is your natural choice.
  • YouTube — Although not seen as a “traditional” social network, YouTube gets billions of hits every month. Make an amazing video and watch your views skyrocket.
  • Google Plus — Yes, there are still people and businesses using Google Plus, don’t disregard it and ps. it could help with your Google ranking.

When should you post? You know where to post, but do you know when to post? Once you understand when your customers are likely to be using social media, you can take advantage of that, and share delicious bits of information, just when they need it. They’ll be wowed by your ideas, share them on themselves, and suddenly you’ve got a viral social media presence. Nice!

Get to scheduling. One of the main pains businesses have with social media is having to send out all their posts manually, to all the different platforms. Well, good news, friends. There are some great scheduling tools out there to make posting and sharing a breeze. Two that we love are Hootsuite and Buffer. Both are awesome at letting you queue up posts, then setting things off and letting them post on your behalf.

Be careful though, lots of social media is about reacting, responding, and posting in real time — That’s what gets you engagement. So, don’t just rely on scheduling tools, build them into your overall social media approach.

And there you have it, the basics you need to get in place for easier social media success — That wasn’t so bad now, was it?

Managing Social Media — Why Can’t It Be A Little.. Easier? Read More »

Banks and the social media compliance debate

Leave a Comment / Finance, Marketing, Uncategorized / By / / , , , , , , , , ,

We work with several financial institutions, and we know that one of their main concerns is compliance – How do you make sure that what you’re saying in your Facebook or Twitter feeds meets all of the rules, regulations, and guidelines of the financial industry? Compliance can be a headache, but that shouldn’t stop you having a good social media presence.

We’ve got a solution we think you’ll love. Here’s why you should consider adding social media and social selling to your marketing.

The way to make sure your posts are compliant is to be proactive – You need to create and manage a proper editorial calendar and have a solid review process for your content. Run your content calendar, posts, blogs, and social media strategy by your compliance department.

They’ll likely provide some advice on how to phrase your posts, what to add, and what to remove. Make sure the person responsible for your social media profiles has regular conversations and check-ins with your compliance team. That way you can ensure everything your publishing has a seal of approval.

As a local bank or credit union, you’ve built up a great reputation in your area. Targeted marketing is a good way to get noticed and to encourage personal and business customers to come to you, but that’s only half the story. If you want more chances to sell your financial products and services, you need to seek out and act on opportunities — We’ll explore exactly how you can do that.

If you’re a commercial lender, your main purpose is lending money to expanding businesses. In addition to income from loans, you can upsell other products like financial protection, insurance, retirement planning, and more. The question is, how do you find those expanding businesses in the first place?

Fortunately, there’s some good technology, which, combined with some tips and tricks, can help you create some powerful leads for your banking services. In this article we’ll cover three main areas – LinkedIn Sales Navigator, Twitter, and other social media.

LinkedIn Sales Navigator

As the largest social network for professionals, LinkedIn is already a strong resource for businesses. Hopefully you’re already making the most of your bank’s LinkedIn presence, but today we’re going to focus on one specific part of the platform, LinkedIn Sales Navigator.

LinkedIn Sales Navigator lets you collect together prospects from across all of LinkedIn, whether you’re connected to them yet or not. It has built in algorithms to help you identify potential clients and businesses who might be in need of your bank’s financial products. It helps you understand where people are changing roles, when organizations are launching new initiatives, and how a business posts about any changes.

You can bring all of this information together in one place so you can start having informed, relevant conversations with the people that matter — The decision makers in your target businesses. It helps you put context around these conversations too, building trust with your potential clients. Combine this with insights into your professional network, other’s profiles, and lead recommendations, and it becomes a very powerful tool for finding commercial banking prospects.

Twitter

You might not think of Twitter as a way to find business banking opportunities, but used correctly it can be a great way to connect with potential customers. Here’s a quick step-by-step guide:

  1. Follow the Twitter profiles of any businesses and professionals in your target geographical area.
  2. Review your Twitter feed to see what people are sharing — Are they discussing new opportunities, products, services or research?
  3. If they are, engage with them — But here’s the trick — Don’t try to sell them anything. Provide useful financial advice, professional banking support, and insight. The idea is to build up trust.
  4. Once you’ve built up that trust, you can suggest products and services to help them achieve their business goals.

It’s vital that you don’t just promote your banking products and services — That can turn people off very quickly. Instead, you want to spend time building up a good reputation and strengthening your expertise and authority.

Other social media

Finding leads isn’t just limited to Twitter either. Facebook, Instagram, even Pinterest can be good places to find new banking customers, if you know how to look. As with Twitter, start by identifying the people and businesses in your local area and connect with them.

Then, spend some time cultivating relationships — Share genuinely useful financial information and links to your Facebook page or Pinterest board. You’re looking to build a brand focused on financial trust. As you add to that content, you’ll get more visibility and potential customers will start to see you as the “go to people” for advice on their money.

As you can see, these tools can help you rapidly expand your banking market. When you start out actively seeking leads, and engaging with them in the right way, you’ll be able to build trust which will lead to more sales of your financial products and services.

Still feeling a little hesitant on tackling social media? Give us a call – we can set up a training session with you and your banking team.

Banks and the social media compliance debate Read More »