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Increasing the Quantity & Quality of
Leads with Social Media Monitoring

    Seven Ways to Increase the ROI of
      Your Lead Generation Efforts
Full Whitepaper Available



   This is an excerpt from the whitepaper:
   ‘Increasing the Quantity & Quality of Leads with Social
   Media Monitoring’ by Connie Bensen, Director of Social
   Media and Community Strategy at Alterian.


   To download the whitepaper in its entirety, please go to:
                   http://bit.ly/LeadGenROI
Use the web to utilize social media for marketing efforts




  The new social web is about trust and
  relationships. Sales has always been
  about that, but now the internet offers
  a new venue that disregards the
  boundaries of geography.
Use the web to utilize social media for marketing efforts




  Companies don’t buy, people do! And
  for products with a long buying
  process that translates into a longer
  time spent researching the web for
  solutions. So the precepts are just as
  applicable for B2B marketers as well
  as B2C.
The Biggest Challenge is that the Web is a Vast Place




  Searching for a specific topic realizes
  a staggering number of search
  results. The trick is how to deal with
  information overload and efficiently
  pinpoint what specifically applies to
  your marketing needs.
Social Media Monitoring Makes it Possible



  Use social media monitoring to identify those
  that are specifically interested in your products /
  services. And it is also possible to efficiently
  bring their conversations to you. This makes it
  easy to join their discussions and build
  awareness for your products. As you build brand
  presence and relationships are established your
  business will soon realize high quality leads.
The Internet has Become a New Marketing Channel



  The good news is that the web has created a
  channel that is opt-in and has changed
  marketing forever. Brands have realized that
  they are now able to participate in the
  conversations but the task of monitoring these
  conversations and knowing where to begin
  seems overwhelming. A social media monitoring
  tool allows a marketer to gather all of the
  conversations over the past given period of time.
Engaging in Social Media is about Building Relationships



 •   Everyone will welcome your presence if you
     provide value and information. But if you spam
     them with pushy marketing messages you will
     be ignored or even asked to leave.
 •   The prospecting will happen indirectly. You are
     going to encounter conversations that range
     from people expressing a need for your type of
     products to those seeking customer service.
Main Types of Social Media Interactions



 • Inform
 • Thank
 • Share
 • Apologize
 • Redirect
7 Ways to Use Social Media Monitoring for Lead Generation



 1. Identify people expressing a need for your product /
    service
 2. Create a Customer Profile
 3. Reduce cold calling
 4. Lower acquisition costs
 5. Increase revenue due to cross selling and upselling
 6. Reduce marketing costs and spend on Google Adwords
 7. Align sales efforts with marketing
1. Identify People Expressing a Need for Your Product or Service



  Search for specific words and phrases you can
  identify conversations where people are expressing
  a need for your product or service. This allows you
  to find pockets of online communities where your
  potential customers are located and is a great way
  to find new markets.

  Best practice is to listen for a while and ease into
  the conversation.
2. Create Customer Profiles



 Use a social media monitoring tool to analyze all the
 conversations and create word clouds that visually depict
 the most frequently used words. It will also create word
 clouds of words or phrases that authors have tagged their
 content with. These word clouds provide valuable insight
 into the words and phrases that are of the highest
 importance to your consumer group (specific to your search
 terms). These words should also be used as SEO
 keywords (outlined in the first whitepaper of the ROI series).
3. Reduce Cold Calling



 Listen to what the needs of your industry are. Once you
 have a strategy, you can then join the conversations and
 provide links to your content when appropriate. Best
 practice is to make sure that it is applicable to the topic at
 hand. If the community finds value in your content they will
 share it with others. They will click through to your site,
 explore your information and express an interest in more
 information.

 These warms leads are qualified and essential targets!
4. Lower Acquisition Costs & Shorten the Length of the Cycle



 The creation of informative content also results in
 reduced spending on marketing and advertising.
 Prospects and customers will share the information
 and the resulting word of mouth is far better than
 any marketing or advertising that you can buy,
 because people trust their peers far more.
5. Increase Revenue Due to Cross- and Up-Selling



 Answering your customers quickly allows you to
 build brand confidence and reinforces that your
 company cares. It also provides opportunities to
 discuss their business needs and allows you to
 suggest other products that would meet their
 needs. Or maybe there is an opportunity to up-sell
 to a higher level? This high level of customer care
 will be noticed by your customers and will result in
 increased loyalty as well as positive word of mouth.
6. Reduce marketing Costs and Google Adwords



 Publishing content which others find valuable
 builds SEO organically. It is also the most highly
 regarded by search engines. Many are finding that
 it provides more than enough value to discontinue
 or refine their spend on Google Adwords. It’s much
 easier to measure the effects of a social media
 engagement using social media monitoring than it
 is to identify the gain from Adwords.
7. Align Sales Efforts with Marketing



 Together, the sales and marketing teams can
 interact in social networks to jointly build
 relationships with prospects and customers
 toward the same goal of increased sales.
Next Steps


 1. Try the Freemium version of Alterian SM2 (a
    professional social media monitoring tool)
 2. Explore resources on social media monitoring
    www.alteriansm2.com
 3. Request a Little Book on some BIG marketing
    topics www.alterian.com/resources/littlebooks
 4. Email info@alterian.com
 5. Call +1 312 884 5321
Thank You!

Phone:        312-704-1700
Fax:          312-704-1701
Email:        sales@alterian.com
Twitter:      @Alterian
YouTube:       http://www.youtube.com/user/EngagingTimesLive
uStream:       http://www.ustream.tv/channel/alterian-s-engaging-times-live
LinkedIn:      http://www.linkedin.com/groups?gid=1823072
SlideShare:    http://www.slideshare.net/Alterian
iTunes:       Alterian Leadership Series
Blogs:         www.EngagingTimes.com
               www.TheMarketingMojo.com
               www.ConnieBensen.com

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7 Ways To Increase Roi Of Your Lead Gen Efforts With Social Media

  • 1. Increasing the Quantity & Quality of Leads with Social Media Monitoring Seven Ways to Increase the ROI of Your Lead Generation Efforts
  • 2. Full Whitepaper Available This is an excerpt from the whitepaper: ‘Increasing the Quantity & Quality of Leads with Social Media Monitoring’ by Connie Bensen, Director of Social Media and Community Strategy at Alterian. To download the whitepaper in its entirety, please go to: http://bit.ly/LeadGenROI
  • 3. Use the web to utilize social media for marketing efforts The new social web is about trust and relationships. Sales has always been about that, but now the internet offers a new venue that disregards the boundaries of geography.
  • 4. Use the web to utilize social media for marketing efforts Companies don’t buy, people do! And for products with a long buying process that translates into a longer time spent researching the web for solutions. So the precepts are just as applicable for B2B marketers as well as B2C.
  • 5. The Biggest Challenge is that the Web is a Vast Place Searching for a specific topic realizes a staggering number of search results. The trick is how to deal with information overload and efficiently pinpoint what specifically applies to your marketing needs.
  • 6. Social Media Monitoring Makes it Possible Use social media monitoring to identify those that are specifically interested in your products / services. And it is also possible to efficiently bring their conversations to you. This makes it easy to join their discussions and build awareness for your products. As you build brand presence and relationships are established your business will soon realize high quality leads.
  • 7. The Internet has Become a New Marketing Channel The good news is that the web has created a channel that is opt-in and has changed marketing forever. Brands have realized that they are now able to participate in the conversations but the task of monitoring these conversations and knowing where to begin seems overwhelming. A social media monitoring tool allows a marketer to gather all of the conversations over the past given period of time.
  • 8. Engaging in Social Media is about Building Relationships • Everyone will welcome your presence if you provide value and information. But if you spam them with pushy marketing messages you will be ignored or even asked to leave. • The prospecting will happen indirectly. You are going to encounter conversations that range from people expressing a need for your type of products to those seeking customer service.
  • 9. Main Types of Social Media Interactions • Inform • Thank • Share • Apologize • Redirect
  • 10. 7 Ways to Use Social Media Monitoring for Lead Generation 1. Identify people expressing a need for your product / service 2. Create a Customer Profile 3. Reduce cold calling 4. Lower acquisition costs 5. Increase revenue due to cross selling and upselling 6. Reduce marketing costs and spend on Google Adwords 7. Align sales efforts with marketing
  • 11. 1. Identify People Expressing a Need for Your Product or Service Search for specific words and phrases you can identify conversations where people are expressing a need for your product or service. This allows you to find pockets of online communities where your potential customers are located and is a great way to find new markets. Best practice is to listen for a while and ease into the conversation.
  • 12. 2. Create Customer Profiles Use a social media monitoring tool to analyze all the conversations and create word clouds that visually depict the most frequently used words. It will also create word clouds of words or phrases that authors have tagged their content with. These word clouds provide valuable insight into the words and phrases that are of the highest importance to your consumer group (specific to your search terms). These words should also be used as SEO keywords (outlined in the first whitepaper of the ROI series).
  • 13. 3. Reduce Cold Calling Listen to what the needs of your industry are. Once you have a strategy, you can then join the conversations and provide links to your content when appropriate. Best practice is to make sure that it is applicable to the topic at hand. If the community finds value in your content they will share it with others. They will click through to your site, explore your information and express an interest in more information. These warms leads are qualified and essential targets!
  • 14. 4. Lower Acquisition Costs & Shorten the Length of the Cycle The creation of informative content also results in reduced spending on marketing and advertising. Prospects and customers will share the information and the resulting word of mouth is far better than any marketing or advertising that you can buy, because people trust their peers far more.
  • 15. 5. Increase Revenue Due to Cross- and Up-Selling Answering your customers quickly allows you to build brand confidence and reinforces that your company cares. It also provides opportunities to discuss their business needs and allows you to suggest other products that would meet their needs. Or maybe there is an opportunity to up-sell to a higher level? This high level of customer care will be noticed by your customers and will result in increased loyalty as well as positive word of mouth.
  • 16. 6. Reduce marketing Costs and Google Adwords Publishing content which others find valuable builds SEO organically. It is also the most highly regarded by search engines. Many are finding that it provides more than enough value to discontinue or refine their spend on Google Adwords. It’s much easier to measure the effects of a social media engagement using social media monitoring than it is to identify the gain from Adwords.
  • 17. 7. Align Sales Efforts with Marketing Together, the sales and marketing teams can interact in social networks to jointly build relationships with prospects and customers toward the same goal of increased sales.
  • 18. Next Steps 1. Try the Freemium version of Alterian SM2 (a professional social media monitoring tool) 2. Explore resources on social media monitoring www.alteriansm2.com 3. Request a Little Book on some BIG marketing topics www.alterian.com/resources/littlebooks 4. Email info@alterian.com 5. Call +1 312 884 5321
  • 19. Thank You! Phone: 312-704-1700 Fax: 312-704-1701 Email: sales@alterian.com Twitter: @Alterian YouTube: http://www.youtube.com/user/EngagingTimesLive uStream: http://www.ustream.tv/channel/alterian-s-engaging-times-live LinkedIn: http://www.linkedin.com/groups?gid=1823072 SlideShare: http://www.slideshare.net/Alterian iTunes: Alterian Leadership Series Blogs: www.EngagingTimes.com www.TheMarketingMojo.com www.ConnieBensen.com