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Archive for September 24th, 2009

Is Social Media Worth Your Time?

posted by Luigi_M_Scollo @ 12:31 PM
Thursday, September 24, 2009

Is Social Media Worth Your Time?

 

Everyone – from politicians, businesses, musicians, celebrities and many other groups of people – uses social media such as Facebook, Twitter, LinkedIn or other social networking outlets to spread their message, build their businesses and connect with others.

 

Do they know something we don’t?

 

Networking, whether online or offline, is a great use of time when done properly. As with anywhere you spend your time, knowing why you are doing it, how you will measure success and having a plan is the best approach.

 

With that said, I jumped in with both feet last year with the guidance of a social media expert, and I have found clients, joint venture partners, speaking engagements and other great connections through various social media outlets. I am a member of more social media outlets than I can count, but I currently focus on Facebook, LinkedIn and Twitter. While I am not an expert in social media, here are five reasons to take some time to learn the benefits of social media.

 

1. There Is No Cost

 

There is no direct cost unless you opt for an upgrade, if one is offered. I haven’t paid for an upgrade and have steadily increased my list to include over 1000 followers between just three social media outlets, and without much effort.

 

2. Build Your Business by Connecting With Peers

 

Are you interested in finding joint ventures, affiliates, guest experts or other peers you can bounce ideas off of? In the last few weeks alone, I have located one large joint venture partner and have had several other partnership opportunities cross my desk. Business owners just like you are using social media to connect with others who are interested in using your articles, hosting you as a guest expert on teleseminars, webinars and live events, and even creating projects together!

 

3. Build Your Business by Following Reporters You Are Targeting

 

Would an article written by a certain reporter make your year? Follow them on Twitter or Facebook and see what is of interest to them and what they are writing about. You never know what golden nugget you’ll find by following them online that may open the door at the right time. Follow them and invite them to follow you as well! Or with LinkedIn you can find out how many degrees you are from them. You may surprise yourself by being only one or two degrees away from your target!

 

4. Showcase Your Expertise, Build Your Platform and Attract New

Clients

 

Social media is an interesting animal. While many people use it to increase their businesses, you must be mindful about outright promotions. Generally speaking, heavy marketing of your products and services on these sites is a big no-no. Here’s how I do it. I’ll post something like this: “Just got off the phone with social networking guru Nancy Marmolejo. Now I’m off to finish writing my sales page for the Business Breakthrough Series.” People who are intrigued will check you out and may end up deciding to follow you and … bingo! They have just entered your world!

 

5. Reach Large Audiences

 

The world is your oyster in social media. There are only a few businesses that are truly limited by geographic boundaries, especially if you are in the information marketing business. Being active on social networking sites eliminates geographic boundaries and allows you to reach a vast number of people from all over the world. If you have products and services that can be purchased by anyone in the world, being active in social media is an absolute must for you. I recently held a teleseminar with people from over 10 countries in attendance, all from the comfort of my home office! And my sweat pants!

 

So, is social media worth the time? It depends. Social media is absolutely the wave of the future, and you will need to know something about it at some point. However, whether you work it into your plan for 2009 depends on your goals. If you have a goal of increasing your reach to prospects either locally or internationally, you can do that quite effectively through social media. However, if you can cannot and will not commit to learning how to “tweet” on Twitter or communicate on Facebook or use your connections on LinkedIn, it will not be worth your time.

 

My advice to clients when they are just starting out is to select one social media outlet, whether it’s Facebook, LinkedIn or Twitter, and master it before jumping into every outlet possible. You obviously need to schedule time for connecting, so select the social networking outlets that will benefit you the

most.

 

Now that I am experiencing the financial results of my online efforts, I understand why this is such a great use of my time and I’m hooked!

Keyword Fundamentals Will Determine Your Website Success

posted by Luigi_M_Scollo @ 11:37 AM
Thursday, September 24, 2009

Successful sports teams have engrained in their heads the fundamentals of their sports. Business leaders and coaches alike who dwell on the fundamentals usually have the most successful outcomes. Failure is almost always rooted in a deviation from the fundamentals. So if your website is not delivering clients, perhaps you’re missing the fundamentals.

 

Part of the answer is nobody actually taught you the fundamentals of website success. Most businesses understand the need for a website, few understand the fundamentals. Getting your website to deliver clients is an exercise in

Fundamentals. First and foremost is a back to basics, grass roots understanding of your market, website style.

 

Keyword research is the first thing every website owner should have done but most didn’t. With respect to your online business, keyword research equals market research. The coolest thing about being online is that you can absolutely KNOW your market, understand their interests and create an online business and marketing plan relative to your market and their needs.

 

There are probably hundreds of keyword research tools online that can help you do your own research. Our advice is to seek out an expert. Getting the data is one thing. Knowing what to do with it is quite a different thing.

 

Relative to keyword research, here’s what we can find via search engine tools: keywords and keyword phrases, search volumes, total web pages using those keywords, web pages optimized for those keywords, keywords in hypertext (called anchor text) linking to other sites and pages. We can even look at any specific website and determine what keywords they are at least trying to rank for. And of course, type the keyword phrase into a search box will list the top ten sites ranking for that term. The result of such a search is referred to as the SERPS or the Search Engine Results Pages.

 

The best keywords to use are ones that will generate reasonable traffic AND have very little competition. One of the parameters we seek in our keyword research is to determine the competitiveness of the keyword phrases. Google will tell us how many web pages are indexed for the search term. Just run a search and notice in the upper right of the results that Google will tell you how many pages are indexed with your search keywords. Without getting too technical here, Google and the other major search engines will also tell you how many web pages use those keywords in the page title, an indication that those pages specifically cover the topic of your search. Having keywords in the page title is one of the key ways to optimize a webpage for the keyword. Knowing how many pages are doing this gives you a better idea of how many pages are intentionally using the keywords you’re researching.

 

The first thing that has to go is the ego of the site and/or business owner. Unless you show up in the first page of the search engine results, you’re NOBODY! Worse, you can’t push your way through the crowd to get to the top of the SERPS. You can get there by Google sponsored ads – AdWords guarantee your visibility on the SERPS. But still the point is, you’ll pay.

 

Let’s consider three strategies for beating your competition relative to the search engine results.

 

DIRECT STRATEGY

Choose the same keywords that your competition is ranking for and go head to head. If they are doing pay-per-click, you do it too. In this scenario, you’ll end up spending a lot of money to achieve and maintain top SERPS positions. If your competition is ranking on good, high traffic terms, plan on spending time, money and resources to get to the same position it may have taken them years to achieve. A direct strategy can get bloody. Ultimately, it is the most obvious choice, the least creative and the stupidest!

 

INDIRECT STRATEGY

Choose keywords that your competitors didn’t even think of! An indirect strategy is often associated with cross marketing and selling through an indirect channel. If you sell a service or product that your competitors don’t have, you channel your efforts through that market knowing there’s some pull-through relative to your other products and services. Very often you could be sucking business right out from under your competition’s nose and they don’t even see it!

 

DIVISIONAL STRATEGY

Find out what keywords your competition is NOT ranking for in the same keyword set and go after them. The divisional strategy is the primary online marketing method of niche marketers. Most business owners will equate the word “niche” with the word “small”. On the web, niche site owners are millionaires! Get rid of your pre-conceptions. The web is huge.

 

We use a two step process for choosing keywords. First, you have to take your direct competition into account. The second part is to look specifically at the search engine optimization parameters to determine which keywords make sense for you to specifically go after.

 

The leverage a website carries is in part determined by its page rank. Page rank is in large part determined by how many other sites on the web link to yours. Your exposure in the SERPS is in turn affected by your page rank. The reason you need to know this is if the top ten websites all out rank you in terms of page rank, you’re better off choosing another keyword.

 

Fundamental lesson: Small Fish eat smaller fish to grow bigger.

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