Twitter for B2B

Twitter for B2B

Twitter for B2B
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This is part one of a three-part series on Twitter for B2B. See part two, Tweet This: 20 Ideas for Content for the Supply Chain, and part three, How to Use Twitter Analytics.

One of the top social media sites for B2B marketers, Twitter can help businesses spread brand awareness and communicate with customers.

When it comes to marketing your B2B company, Twitter could be a fantastic tool to give you a competitive edge. Gone are the days that Twitter is only for teens or simply to pass time on the commute to work.

It’s in the numbers.

According to Social Media Examiner, 66% of marketers are planning to increase their Twitter use, and 58% of marketers want to learn more about it. After all, Twitter is consistently ranked as one of the top three social media sites for B2B marketers, along with Facebook and LinkedIn.

Twitter reports that 50% of users have visited or shopped at the websites of the businesses they follow. Additionally, 43% plan to purchase regularly from the businesses they follow, and 60% of followers make a purchase because of something they saw on Twitter.

The statistics don’t lie. Twitter is incredibly effective in increasing and maintaining your customers’ loyalty and creating new connections.

What exactly is Twitter?

Twitter’s new user FAQs describes it as “a service for friends, family, coworkers etc. to communicate and, most crucially, stay connected with the exchange of frequent, brief messages that are searchable and viewable by all of your followers.” This allows for constant interaction with other Twitter users across the globe, whether they are individual users or companies.

Why your business should be using Twitter

Twitter can be an effective tool for businesses to spread brand awareness and communicate with customers and business partners. Here are 6 reasons why you should be utilizing it.

1) It has a mobile application.

Even if your website is mobile-friendly, having a social media platform that is also easily accessible on a mobile device is extremely important. Reportedly, 70% of executives use their smartphones to learn about a product or service after they first hear about an offer. On Twitter, 83% of users are mobile. It’s becoming the 21st century newspaper. Users check it on their way to or from work, during their lunch break, and in their free time. Tweeting frequently keeps your business top-of-mind while current and potential customers browse their feeds.

2) Its reach is global.

Twitter supports 40+ different languages. If your supply chain includes international suppliers or partners, this feature is the perfect opportunity to reach those users, as well as domestic customers at the same time.

3) It’s excellent for customer service.

Your account will receive notifications any time your company name is mentioned in a tweet, so you can respond instantaneously if a customer has a complaint or concern. This is crucial, since the number of customers expecting a response on social media has doubled since 2013.

4) It makes analyzing your engagement simple.

Twitter Analytics makes it easy to measure your impact and see where you should adjust your strategy. Calculate your engagement, learn about your followers’ usage patterns, and more.

5) It allows for broad networking.

By searching a simple keyword such as “content marketing,” you are presented with hundreds of results, including tweets, hashtags, and different accounts. Follow the ones that seem relatable to begin a network of interest for your business. You can then retweet content that would be of interest to your followers, thus increasing your status as a source for knowledge and information.

6) It reaches your target audience.

Twitter has 310 million monthly active users. That includes the large majority of organizations, from small businesses (79% are on Twitter) to Fortune 500 companies (78% are on Twitter). What’s more, an IDC report found that 75% of B2B buyers and 84% of C-level/VP executives use social media to make purchasing decisions. Your business should be where your customers are, and your business should really be where your customers are researching potential business.

Terms you should know

If you’re going to use Twitter, knowing the lingo is essential.

  • Tweet: A Twitter update. The personal message you compose to your followers. May include pictures, video, text, or links to other web pages. 140 characters or less.
  • Hashtag (#): Use to create a community of posts talking about the same thing. For example if you want to see posts about inbound marketing, search #inboundmarketing. Join the conversation by using the same hashtag in your post.
  • Retweet: Taking someone else’s post and re-posting it to your page so all of your followers see it, too.
  • Quote tweet: Similar to re-tweeting, except you can add your own message to it as well.
  • Followers: Someone who subscribes to see your posts on their personal timeline.
  • Direct message: Send someone you’re following a private message to have a conversation away from your feed.
  • Twitter handle: @yourusername, what someone uses to tag you in a tweet or can search you by, how you’re identified.

But how do I “tweet”?

Tweets are posts under 140 characters that are posted to your personal page and show up in all of your followers’ Twitter feeds. You can post photos, videos, links, or your own content, so get creative!

To begin writing, click the button in the top right hand corner of your screen that looks like a feather quill on paper.

Retweeting

The button for this looks a bit like the recycling symbol. It’s located below each tweet in your feed. If you like what someone says and want your followers to see it too, click the retweet button, then the retweet option that pops up. The original post will appear on your feed.

When someone retweets you, it is now seen by not only your followers but theirs as well. This is one of the great things about Twitter. It’s very easy for one post to be seen by a very large amount of users.

This is how a retweet will appear to your followers, except where it says “you” it will say your twitter account’s name.

retweet

Quote tweeting

When you click the retweet button under a post, it gives you the option to either retweet or quote tweet. If you want to add something to the original post you want to retweet, choose the quote tweet option. A window then pops up allowing you to type your own message with the original tweet attached. The difference between this and simply retweeting is that when you retweet, only the original tweet is reposted and not an additional message from you.

Here’s what a quote tweet will look like to your followers:

quote-tweet

How to gain followers

Knowing how to create the content you want on your Twitter is only half the battle. Now you have to gain followers to read and help you promote this content. Here are 5 ways to increase your followers and get the results from Twitter you so desire.

1) Promote your username as much as you can.

Add a follow button and/or your Twitter feed to your website and blog, and put the link to your Twitter in your email signature. You can even promote it offline on business cards or around the office.

2) Use your existing customer base.

Upload your email contacts into Twitter and follow your customers. It will let them know you’re thinking about them and prompt them to follow you back.

3) Search keywords and hashtags that relate to your industry and audience.

Use them to join in on conversations and get noticed in Twitter communities surrounding your industry. Users who like what you have to say will be inspired to follow you to get your updates.

4) Have the people who support you offline join in online.

Send out a company-wide email encouraging your employees to follow you on Twitter and retweet your posts.

5) Ask for retweets.

When someone retweets your post, it goes to all of their followers, increasing your reach exponentially. Don’t be afraid to ask your followers and employees for support. Sometimes a contest or incentive works extremely well to get the retweeting going.

The finishing touches

  • Don’t forget to give your brand a little personality. As Kelly Jo Horton said in her article, 10 Things B2B Marketers Should Be Doing on Twitter, “All work and no play makes your Twitter feed a dull read. Don’t be afraid to have a little fun.” Post a joke or a funny picture, or show what it’s like behind the scenes at your company.
  • Be conscious of where your followers are located. If they’re in different time zones, make sure your tweets match their schedules as well as your own.
  • Keep up your audience engagement by making sure your tweets aren’t just a one-way communication. Start conversations with followers. Respond in good time if someone starts one with you.

A positive online connection can be the beginning of a profitable professional relationship. Twitter and its 310 million users are a great place to start making those connections.

Editor’s note: Sarah Collins is a summer intern at Fronetics Strategic Advisors. She is a rising sophomore at James Madison University, College of Business studying Marketing. You can find her on LinkedIn.

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Supply Chain: HubSpot Software Can Boost Revenue by 72%

Supply Chain: HubSpot Software Can Boost Revenue by 72%

hubspot

HubSpot users also saw 3x more leads and 4.1x web visitors per month after a year using the software.

A study has found that using HubSpot for your inbound marketing can increase sales revenue by 72% in 12 months.

A 2016 MIT Sloan student analysis showed that HubSpot’s inbound marketing software provides users a substantial boost in quality leads, which converted into more sales. In year two of using the software, customers continued to see impressive increases.

The in-depth report was a compilation of customer survey responses and web data gathered over a 24-month period for HubSpot users from 2013 to 2015. It looked at three fundamental aspects of marketing methodology:

  1. Attracting new visitors to the user’s website
  2. Conversion of these visitors into customer leads
  3. Closing those leads into actual sales

Leveraging tools to streamline and magnify marketing and sales efforts is important for all businesses in the supply chain and logistics industries, but it can be especially important if your business is small, or has limited resources. HubSpot proved to be a competitive solution, with cost-effective results that increased leads, customers, and revenue.

Report highlights

Attracting new customers

  • Users averaged 3x more leads per month after a year.
  • Websites averaged 4.1x more visitors per month after a year.

Conversion of website visitors into leads

  • Approximately 83% of the HubSpot customers experienced an increase in their conversion rate of leads into customers.
  • Size of the business did not matter; all saw significant increases in site traffic and lead conversion rates.

Closing those leads into sales

  • 72% of HubSpot customers saw an increase in sales revenue in one year.

Other findings focused on substantial support in meeting goals and the ease of attracting the right customer persona for optimum results.

  • 96 % of customers surveyed said that HubSpot helped them meet their marketing goals.
  • 68% of customer respondents felt that their efforts generated better quality leads while using HubSpot.
  • Increased customer satisfaction was reported by 46% of HubSpot users since they began using the program.

Is HubSpot right for your business?

HubSpot is a marketing platform that takes all of the inbound marketing methods that were once separate services and consolidates them into one integrated software package. It provides marketing analytics, lead intelligence, A/B landing page testing, CRM integration, email service integration, eCommerce integration, and API integration.

From one location, you can blog, tweet, optimize, then capture and nurture leads. It drives the right customers to you using extensive research specific to your industry. It pinpoints your competitors and potential customers, including their typical pain points, interests, and questions.

A separate 12-month study conducted by Overgo involving both B2B and B2C businesses compared companies using HubSpot to those who did not. It found:

  • An average increase of 170% in organic traffic after one year, whereas those using HubSpot saw an average organic traffic increase of 590%.
  • HubSpot received 125% more (B2B) and 294% more (B2C) leads than companies not using HubSpot. (Several of the B2B companies received fewer leads because their targets are multi-million dollar deals, a much smaller avenue of opportunity.)

The difference was attributed to the tools HubSpot offers its customers, which include:

  • Ranking opportunities – a feature that shows which keywords offer your business an opportunity to get ranked on the first page of search results.
  • Conversion opportunities – shows which keywords are attracting a lot of traffic but not converting, then suggests ways to increase conversion.
  • Long-tail opportunities – suggests keywords where ranking could improve substantially if you add a certain word or phrase.
  • Competitors – compares your site’s ranking and search volume to your competitors.
  • Campaigns – helps organize keywords into campaigns for tracking and measurement.

HubSpot’s inbound marketing software has consistently provided a relatively fast and high return on investment for the majority of B2B or B2C companies, no matter their size.

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YouTube for Business 101

YouTube for Business 101

YouTube is a useful engagement tool for businesses — here’s what you need to know.

This is part one of a three-part series on YouTube for business. Check out part two, Cheap and Easy Tools for Creating YouTube Videos, and part three, Seven Ways to Get More Views on Your YouTube Videos.

YouTubeVideo is not just for funny cats and cover artists anymore — it’s the most popular form of content being consumed online. As such, YouTube has become the second largest search engine in the world, with more than one billion users conducting over 3 billion searches per month.

Take a moment to let that sink in. After Google, people are searching YouTube for content. Strike that: Over one billion people are searching YouTube for content.

This has raised the eyebrows of content marketers across many industries, including B2B businesses, who recognize the enormous potential for reaching customers through this medium.

If you haven’t considered distributing content through YouTube, you may soon find yourself scrambling to catch up with your competitors who are. For those who don’t know much about YouTube or are clueless about how it can work for business, here are a few basics to get you started.

What is YouTube?

YouTube is a free video-sharing website and social media platform that allows users to view, upload, share, rate, and comment on content. It was launched in 2005 by three former Paypal employees and purchased by Google in 2006. It now operates as a subsidiary of Google.

You do not have to be a registered user to view content, but you must be registered to upload content. Registered users can also subscribe to content providers’ channels to receive updates when something new is available, and can create playlists of favorite videos to view at any time.

In addition to being available on the YouTube website, YouTube videos can be embedded, shared, or uploaded to other sites (such as Facebook).

Why is it good for business?

YouTube has massive potential for businesses. Here are just five reasons to participate.

1) Reach

With over one billion users viewing nearly 5 billion videos per day, YouTube reaches more 18-49 year olds than any cable network in the U.S.

Other interesting statistics:

  • Users watch around 3.25 billion hours of video every month.
  • Videos with over 1 billion views: 10,113
  • 80% of views are from outside the U.S.
  • More than half of views are from mobile devices.
  • You can navigate YouTube in 76 different languages.

2) Improved search rankings

YouTube videos are included in Google’s search results, ranking above web pages in certain searches. Potential customers searching for products and services like yours will be more likely to find you in such instances.

3) User experience

Video has become so popular for a reason: People like consuming it. By producing content in this medium, you are offering a user experience that is in high demand.

4) Build your brand

Video is the ideal storytelling platform, and it’s also perfect for how-tos, product demonstrations, and other content that demonstrates your company’s expertise. Show your brand personality and engage your audience while building your reputation as a thought leader in your industry.

5) Track performance metrics

YouTube Analytics makes it easy to see who is watching your videos and how they are engaging with them. Run reports on audience demographics, revenue, engagement, traffic sources, and more.

How do I get started?

There are two avenues for businesses who are looking to reach YouTube’s more-than-3-billion users.

For one, businesses can buy ads that run before other videos, beside playing videos, and in search results. Video ads are not covered in this post, but you can learn more about them here.

Secondly, businesses can create their own YouTube channel and upload original content as part of their inbound marketing programs. To get started, you will need to sign into your business’ Google account or create one. Find the sign in button at the top-right corner of the YouTube homepage.

sign in

With your account, you will own your very own “channel,” on which you will post your content. Branding your channel is an important step, as this will be the face of your company on this platform. Below are some tips.

Anatomy of a branded YouTube channel

Coyote Logistics, a 3PL provider, has done an excellent job of branding its YouTube channel.

anatomy-of-a-branded-youtube-channel

Company Logo

Upload your company’s logo by hovering over the channel icon and clicking the pencil icon when it appears.

Branded Banner

Upload an image that represents your brand and what users will find on your channel. Hover over the channel art, click the “Add channel art” button or the pencil icon in the upper-right corner and select “Edit channel art.” Coyote Logistics makes a bold statement (very representative of its brand personality) here. For the best results on all devices, YouTube recommends uploading a single 2560 x 1440 px image.

Social Icons

Provide links to your other social channels by hovering over the channel art, clicking the pencil icon in the upper-right corner, and selecting “Edit links.” Add the URLs for each of your channels under “Custom links.” 

Customize Layout

Click the customize button to create a layout for your channel. You can add up to 10 “sections,” which allow you to group videos in a particular way. For example, you could add sections of recent uploads, popular uploads, playlists, etc.This helps visitors to decide what to watch — and lets you promote content you wish for visitors to see.

About

Navigate to the About section to add a channel description, business email address, country, and social links (if you haven’t already).

about

Uploading videos

Once you have your channel set, you’re ready to start adding your original content. YouTube Help has a wealth of resources to help you get started, problem-solve, and learn more. The below video offers an introduction to uploading videos in just a few quick steps.

Other terms to know

Playlist: Playlists let you organize your videos into different categories, like interviews, tips, product demonstrations, etc. Learn more.

Channel trailer: A short video, like a movie trailer, that gives visitors an idea of the kinds of videos they’ll find on your channel. Learn more.

YouTube Red: This is the premium subscription option that allows you to view videos without ads, watch videos offline, and more.

How does your company use YouTube?

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Social Media Facts for B2B Companies

Social Media Facts for B2B Companies

social media and supply chain managementA recent collection of social media facts and stats offers an interesting look at B2B company and buyer behavior.

Last month, Webbiquity published a list of 49 social media facts and stats about user behavior on Facebook, Twitter, LinkedIn, Pinterest, Instagram, and Google+. These figures, collected from various studies, offer insight into how people and businesses are using social networking in recent times.

B2B companies may find several of the stats particularly interesting, and it may influence the way they think about social media marketing. I have pulled out some of the most applicable and offered some thoughts below.

Social media facts and stats from Webbiquity

88% of B2B companies use Facebook for marketing (and 96% of all B2C companies )

If you are not using Facebook in your marketing efforts, you are in a quickly growing minority. With 968 million active daily users, the largest social networking site offers a huge opportunity — actually, the most expansive opportunity available — for your business to attract, court, and convert potential customers. Here are some of our top tips for using Facebook to market your business.

93% of small business owners and marketers use Facebook.

Small businesses don’t have the time or budget to compete with large brands when it comes to marketing — but social media can level the playing field. Social media, and Facebook especially, is an ideal marketing platform for small businesses because it can be relatively inexpensive but have a high impact on growth. Your company can cultivate your brand, engage with customers, and form business relationships. Learn how two small companies saw enormous growth thanks to social media.

21% of consumers say they unfollow brands that post repetitive or boring content. 19% say they would unfollow a brand on Facebook if the brand posted too often — more than six times a day.

We know that creating good, original content is key to a successful inbound marketing strategy. But knowing how often to post to the various social channels can be one of the more intimidating obstacles to overcome. How do you know what’s too much and what’s too little? Learn how often you should post on social media.

74% B2B decision makers use LinkedIn to help make purchasing decisions.

Don’t let anyone convince you that social media channels are for personal use only: customers are online, and if you aren’t, you’re at a disadvantage. And since nearly three-quarters use LinkedIn for purchasing decisions, it’s critical that your business is strategic about your presence on the network. Check out this guide for creating the perfect LinkedIn company page to get started.

88% of B2B marketers in North America use Twitter for content distribution.

Twitter is one of the more effective channels for gaining business, and the numbers prove it. A Market Probe International survey found that 72% of those who follow a business on Twitter are more likely to make a purchase from that business, and that 82% of followers are more likely to recommend a product or service to friends and family. Additionally, 85% of respondents reported feeling a closer connection to a small business if they follow them on Twitter. Learn more about Twitter for business.

Pinterest has 47 million active monthly users worldwide, 80% of whom are women.

While Pinterest use is rapidly growing among B2C marketers, the B2B world still hasn’t quite figured it out yet. I pulled out the two above stats to show the enormous potential this channel has, particularly for businesses whose customer base is primarily women. Fronetics’ social prospecting workbook has some ideas on how to get started using Pinterest.

32% of U.S. companies with 100+ employees used Instagram for marketing activities in 2015. eMarketer predicts that number will jump to 70.7% by 2017.

The importance of Instagram for B2B companies will continue to grow. Here’s why: 90% of Instagram users are under age 35. A recent Google study showed an increasing number of Millennials on the B2B purchasing path — up to 46% of potential buyers were of this generation in 2014. Their preferences and behaviors are having a noticeable impact on B2B buyer behavior as a whole. So if your business wants to capitalize on the nearly 300 million active monthly users, Instagram should be on your radar.

64% of North American B2B marketers use Google+ to distribute content, but just 17% use it for new product launches (vs. 81% who use LinkedIn).

Americans may use Google+ less frequently than some of the other networks, but don’t count it out entirely. More people check the site than people realize, including die-hard fans of Google products and the many businesses who use the Google suite professionally.

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Start a B2B Social Media Program with These Six Steps

Start a B2B Social Media Program with These Six Steps

social media for business

Source: Rosaura Ochoa | Flickr

Here’s how marketers can launch a B2B social media program that grows business.

A recent Harvard Business Review article discloses that a number of B2B CEOs still believe social media isn’t right for them, that it’s a tool for the B2C segment. In reality, many B2B marketers successfully leverage social media to engage potential customers, gather market intelligence, build brand awareness and reputation, discover and intercept customer problems, and influence purchasing decisions before sales calls are ever made.

In short, if you are not in the B2B social media game, you are missing out on enormous business opportunities.

Getting started with social media can seem like an intimidating task, especially if your C-suite is skeptical of the benefits. Here are six steps to launching a B2B social media program that will grow your business to its full potential.

1) Speak in the right terms.

Convincing management that you want your team to spend more time on social media to gain “followers” or get “shares” might be a hard sell. To win support, focus your argument around the factors that are most important to them. Lead generation, lead nurturing, conversions, sales, ROI, profits: this should be the vocabulary with which you approach this conversation.

2) Create a strategy — and put someone in charge.

Only 11% of companies without a documented content marketing strategy find their efforts to be successful, compared to 60% of companies with a strategy in place. And that number rises to 86% when the company designates someone to lead the strategy. Working with an experienced marketing consulting firm, like Fronetics, you can develop an inbound marketing strategy that aligns with your business objectives. And whether someone on your team heads up execution or you outsource that responsibility, the leader should continually monitor analytics and tweak the strategy accordingly. Which brings us to…

3) Determine which analytics to track.

In the B2B world, it’s not about shares, likes, or impressions, though those numbers speak to your brand exposure. (Read more about so-called “vanity metrics” here.) Leads generated, conversion rates, sales, and ROI are going to be the things you’ll want to track. If you have a good, flexible strategy in place, these metrics will help you adjust your efforts to ensure you’re achieving your business objectives.

See: The Six Marketing Metrics Your Boss Actually Cares About.

4) Develop quality content.

Twenty-seven million pieces of content are shared every day — and a large portion of it is crap. A social media presence could be pretty pointless unless you’re using it to push content that is original, high quality, and representative of your brand. One of the biggest mistakes B2B companies make is using social channels to push a sales pitch. You’ll quickly lose your audience, who is turned off by a strong sales pitch. Social media is about engaging your audience, building brand awareness, and offering valuable information.

See: Three Elements of Good Content.

5) Decide which channels are right for your business.

Who are you trying to reach, and what are you trying to tell them? These are good questions to ask when trying to determine which platforms will comprise your social media program. There’s a wealth of information out there about which channels are used by whom and when. You’ll also want to choose channels that you’ll be able to maintain regularly and which play to your strengths. As an obvious example, if you don’t have the capability to make videos, YouTube probably isn’t for you. Remember, you’ll likely want to work through several different channels to reach a maximum number of potential customers.

See: Which Social Media Channels Should Your B2B Business Use?

6) Follow your competitors.

Following your competitors is a great way to stay up to date on what they’re doing, especially if you don’t have a ton of time or money for competitive research. And when I say “follow,” I don’t mean “copy or imitate.” I mean subscribe to their blogs, engage with them on social media, and like and share their content that you find meaningful for your audience. This way, you become part of the industry conversation happening online, and you know exactly what your potential customers are seeing from (and how they’re reacting to) your competitors.

See: The Role of Social Media in Supply Chain Intelligence.

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