Using LinkedIn For Business

Posted July 1st, 2010 in Article by Mark Treager

How to Use LinkedIn for Business

If you are not a fan of Guy Kawasaki you need to be!  He is a managing director of Garage Technology Ventures, an early-stage venture capital firm and a columnist for Entrepreneur Magazine. He is the author of nine books including Reality Check, The Art of the Start, Rules for Revolutionaries, How to Drive Your Competition Crazy, Selling the Dream, and The Macintosh Way. I have heard him speak at several conferences and trade shows and his style and no non-sense approach will have you asking for moreLinkedIn

Not long ago, Guy wrote a piece on LinkedIn called 10 Ways to Use LinkedIn. It provides several great ideas about how to leverage this valuable tool.

(By the way, Guy’s list includes 11 tips, not 10. Just goes to show that there are 3 kinds of people — those who can count, and those who can’t.)

Here’s an excerpt of Guy’s article. For the complete article, visit 10 Ways to Use LinkedIn.

Most people use LinkedIn to ‘get to someone’ in order to make a sale, form a partnership, or get a job. It works well for this because it is an online network of more than 40 million experienced professionals from around the world representing 170 industries. However, it is a tool that is under-utilized, so I’ve compiled a top-ten list of ways to increase the value of LinkedIn.

  1. Increase your visibility: By adding connections, you increase the likelihood that people will see your profile first when they’re searching for someone to hire or do business with. In addition to appearing at the top of search results (which is a major plus if you’re one of the 67,000 product managers on LinkedIn), people would much rather work with people who their friends know and trust.
  2. Improve your connectability: Most new users put only their current company in their profile. By doing so, they severely limit their ability to connect with people. You should fill out your profile like it’s an executive bio, so include past companies, education, affiliations, and activities. You can also include a link to your profile as part of an email signature. The added benefit is that the link enables people to see all your credentials, which would be awkward if not downright strange, as an attachment.
  3. Improve your Google PageRank: LinkedIn allows you to make your profile information available for search engines to index. Since LinkedIn profiles receive a fairly high PageRank in Google, this is a good way to influence what people see when they search for you. To do this, create a public profile and select ‘Full View.’ Also, instead of using the default URL, customize your public profile’s URL to be your actual name. To strengthen the visibility of this page in search engines, use this link in various places on the web. For example, when you comment in a blog, include a link to your profile in your signature.
  4. Enhance your search engine results: In addition to your name, you can also promote your blog or website to search engines like Google and Yahoo! Your LinkedIn profile allows you to publicize websites. There are a few pre-selected categories like ‘My Website’, ‘My Company,’ etc. If you select ‘Other’, you can modify the name of the link. If you’re linking to your personal blog, include your name or descriptive terms in the link, and voila! instant search-engine optimization for your site. To make this work, be sure your public profile setting is set to ‘Full View.’
  5. Perform blind, ‘reverse,’ and company reference checks: LinkedIn’s reference check tool to input a company name and the years the person worked at the company to search for references. Your search will find the people who worked at the company during the same time period. Since references provided by a candidate will generally be glowing, this is a good way to get more balanced data.
  6. Increase the relevancy of your job search: Use LinkedIn’s advanced search to find people with educational and work experience like yours to see where they work. For example, a programmer would use search keywords such as ‘Ruby on Rails,’ ‘C++,’ ‘Python,’ ‘Java,’ and ‘evangelist’ to find out where other programmers with these skills work.
  7. Make your interview go smoother: You can use LinkedIn to find the people that you’re meeting. Knowing that you went to the same school, plays hockey, or shares acquaintances is a lot better than an awkward silence after, ‘I’m doing fine, thank you.’
  8. Gauge the health of a company: Perform an advanced search for company name and uncheck the ‘Current Companies Only’ box. This will enable you to scrutinize the rate of turnover and whether key people are abandoning ship. Former employees usually give more candid opinions about a company’s prospects than someone who’s still on board.
  9. Gauge the health of an industry: If you’re thinking of investing or working in a sector, use LinkedIn to find people who worked for competitors-or even better, companies who failed. For example, suppose you wanted to build a next generation online pet store, you’d probably learn a lot from speaking with former Pets.com or WebVan employees.
  10. Track startups: You can see people in your network who are initiating new startups by doing an advanced search for a range of keywords such as ‘stealth’ or ‘new startup.’ Apply the ‘Sort By’ filter to ‘Relationship’ in order to see the people closest to you first.
  11. Ask for advice: LinkedIn’s product, LinkedIn Answers, aims to enable this online. The product allows you to broadcast your business-related questions to both your network and the greater LinkedIn network. The premise is that you will get more high-value responses from the people in your network than more open forums. For example, here are some questions an entrepreneur might ask when the associates of a venture capital firm come up blank:
  1. ‘Who’s a good, fast, and cheap patent lawyer?’
  2. ‘What should we pay a vp of biz dev?’
  3. ‘Is going to Demo worth it?’
  4. ‘How much traffic does a TechCrunch plug generate?’

Our Po!nt: This is one of the best social mediums for making contacts and generating opportunities for you business.  Let us know what you thought about Guy’s article.

Facebook Facelift

Posted June 22nd, 2010 in Article by adrian.dunegan

If you have a Facebook account, chances are you are a fan of something or someone. But, if you’re hesitant to join in the social media hoopla (don’t worry, I was too) here’s how fanpages work. When you set up a Facebook account for a company, you actually create a fanpage, where Facebookers from all over the world can become a fan of your company and suggest their friends become fans also. Any status updates from your company show up in the newsfeed of all your fans. You can use this to make fans aware of specials, introduce new products or use special Facebook fan only discount codes!

Many national companies have utilized fanpages, such as Macy’s, McDonald’s and Coca-Cola. However, not everyone has an attractive fanpage. What makes these companies stand out from everyone else? These companies, and several others, have integrated a section, such as the company homepage, About Us or Contact Us pages right into Facebook. You can check ours out here!

Not only can you have your homepage be a part of your Facebook fanpage, but you can also have all of your fans and fans-to-be default to particular Facebook tabs. For example, many fans-to-be are directed to the homepage or About Us tab in the fanpage, while actual fans are directed to the fan comments tab or a tab introducing new products or specials.

So, how is it done? Facebook uses a special language, FBML (FaceBook Mark-up Language) to code the insertion of your website page. There is a special application in Facebook (FBML app) that translates the code of your website into FBML so your content can be viewed in Facebook. You can search Facebook for the application and follow directions or, if you are anything like me and this stuff is just way beyond your realm of geekiness, call us at Cornerstone and one of our gurus would be happy to help get you set up with an appointment for your very own Facebook Facelift! (no surgery required!)

I Should Of Checked Them Out!!!

Posted June 9th, 2010 in Article by Mark Treager

FrustrationLately I have been getting phone calls from former prospects that decided to use another firm to design and develop their website only to hear things like, “I should of checked them out before going with them!” …”I wish I had researched their track record online.”  “Should of pulled a Better Business Bureau report on the company I used, I would of never used them if I have.”  “Should of called their references.”  And many other comments about the horrible experiences they have had and how the price looked good going in but there was always up charges that often times made the price higher than even our original proposal.

While the vast majority of design and development firms similar to us, do great work and the vast majority of customers are extremely satisfied, some firms will use the old “bait and switch” tactic to get your to sign up with them knowing full well that the one price you thought you would pay at the end was never their intent.  Some of the firms using this method are recognized by such companies as Inc. magazine and other trade publications as the best at what they do. One such company has had 600+ complaints registered by the BBB against them alone.  Please note that all but 8 of the 600+ complaints have been resolved.  Interesting was the fact was that once this company’s BBB rating dropped to a C, they no longer used the BBB as a reference source.  The bad thing is that many small businesses that are signing up with these sort of firms that don’t have the money to waste or can find it hard to recover their original investment in the project should it go bad.

So what is a small business to do?

  • Do your homework!
  • Call all of a firm’s references that they list on any proposal.
  • Ask those references the good, bad and the ugly of doing business with them.

When I’m investigating a company I want to do business with I will always ask the question, “If there is a problem, how do you solve it?”  Let’s face it no one is perfect all of the time, including us,  but I have found that over the last 20+ years how a company handles a problem usually gives me a pretty good window as to what it’s going to be like working with them long term.

After you ask enough questions that your are comfortable with your top two or three firms you are considering, next turn to the Web for websites that will give you some answers on just how good other people think your top firms are doing like WikiPedia (yes you will be surprised at the results), RipOffReport.com and Complaints.com to name a few.

Our Po!nt: If the price looks to good to be true, Run! No matter what firm you are considering to take control of your web presence, small or big, be sure to call references, search the web for complaints, examine a firms work and spend time getting to know the company you are going to be working with for what could be many years to come.  The end result of checking on the front end? A great ROI on whatever you spend and a design company dedicated to your success long term.  We always welcome your comments and thoughts.

Is Your Company's Reputation On Alert?

Posted November 19th, 2009 in Article by Mark Treager

In today’s business world your company’s reputation is everything and being able to monitor what people are saying about it is paramount.  Now that 1.5 billion people have access to the Internet and the fact that every five seconds someone writes a comment about a product, what re they saying about your products?  If you are like me I’d sure like to know what they are saying about me and my company.  Well now you can.

You may not be aware of a free service that Google offers called Google Alerts.  This great little Google app can be used in dozens of ways in your business.  You can find people asking questions related to your products and services, be notified when new competitors hit the web, and probably the most important, when a customer is talking about you.  Using Google Alerts is one tool you should be using to alert you about your company’s reputation globally.

To setup a Google Alert account, go to www.google.com/alerts.  You’ll see a simple form where you can imput any term you want to be notified about and have it  sent to your email box every day with the results Google has found you are tracking.  In order to effectively track your reputation, you’re going to want to track the name of your company, your name, and the name of your products.

The real secret of using the Google Alerts is to use quotes.  If you don’t, you will find Google will provide you with alerts for any portion of the name you are tracking.   I set up “Cornerstone Media Group” in quotes so I only get the results for our company’s full name not for each individual word or combination there of that are unrelated.

The power of this application is that it alerts you to both the positive and the negative comments people are making and the sort of negative comments your competition may be saying about you as well.  It will also alert you to where the comment was made on the web.  Having this sort of information allows you to respond to any negative immediately.

The Po!nt: Remember what Newsweek magazine said recently, “You are only as good as Google says your are!” Keeping track of what the world is saying about you, your company and your products has just gotten easier.

As always we welcome your comments and thoughts.

Have You Bought Into the "R" Word Yet?

Posted December 15th, 2008 in Article by Mark Treager

It’s a recession, folks. They have officially brought out the “R” word across all news media. Because they used the “R” word everybody’s first reaction seems to be to pull back. Time to give up. Acting just plain old scared. Are those days gone when a B2B team would take risks by pushing creative boundaries? Stuff they normally do day in and day out. It may be time to get practical. Here’s a list of some of the Practical Trends in B2B Marketing that we are seeing that present a wealth of creative opportunities for your team right now. Here are just a few of the time-tested ideas to help keep your B2B outreach vital:

Get Their “Attention”: You need to get the customers attention by using the Internet to stay in touch with your customer base and some good ole word-of-mouth to break through the short attention barrier many people are having right now.

Test, Test and Test Everything: If you have a list of 1,000 names develop 3-4 campaigns of 25 each to test so you can find out which one has the highest conversion rate.  This is the best way to discover what works.  Don’t over test but at least test two campaigns to a small group in order to find the one that works best.

Create Great Landing Pages. In any email campaign sending traffic to a specific landing page “Sending traffic to a landing page related to your offer can [always]  will improve conversions and by following following landing page best practices can raise them another 40 points.

Help Buyers Research Early in the Process. Hesitant B2B buyers are researching every detail online before they will engage in the sales process with your company. If you will take the time to educate your potential customer you can establish your company as a trusted adviser that understands their problems.

Measure Your Relationship Depth. Be sure and track the number and quality of marketing interactions with each prospect company, so you know the next best marketing steps to take.

Manage Leads: Marketers who excel at managing leads (i.e. acquiring, scoring, nurturing, and routing leads) can more than double the number of marketing leads that turn into a sale.

Lead Nurturing: It’s hard to believe but 95% of the prospects on your site are not ready to speak with sales. Leads that are nurtured before going to sales buy more, require less discounting, and have shorter sales cycles.

Measure relationship depth: Take the time to rack the number and quality of marketing interactions with each prospect, so you know the next best marketing actions to take in future campaigns.

Investment vs. Cost: Help your CEO and CFO think of marketing as asset that drives revenue, not as a liability that needs to be reduce.  Take a moment in framing the issue of marketing spending in terms of revenue and growth instead of a cost.  Especially during what management may term a “R”.

Invest in Marketing Automation: As marketing operations are become increasingly complex, marketers will need to find ways to automate key processes through technology.

The Bra!nstorm: Don’t stifle yourself in today’s “R” economy. By adhering to today’s tested B2B best practices , your creative outreach efforts can shine while staying on message, on task and under budget.

We welcome your comments and ideas of any of the trends you are observing or that we may of missed.

Great Landing Page Design (Part 1)

Posted December 8th, 2008 in Article by Mark Treager

Wikipedia defines a landing page as a lead capture page that appears when a potential customer clicks
on an advertisement or a search-engine result link. The page will usually display content that is a logical extension of the advertisement or link, which is optimized to feature specific keywords or phrases for indexing by search.

In Business to Business (B2B) contacts, landing pages are often the first interaction a company has with a sales lead. As a result, companies are placing greater importance on deploying good landing pages to improve their conversion rates.

While landing pages are used both in both Business to Consumer (B2C) and B2B interactions, there are significant differences in their application.

In B2C, the page is designed to identify the lead and make the sale in that one, transactional visit. One person is generally the decision maker, and the product is typically a consumer product, such as a brokerage account. The goal is to identify the lead, convert them, and make the sale all on that one page.

In B2B, the sale is more consultative, with a team of people likely being the decision maker. In B2B, the original contact may not even be part of the team, but simply an information gatherer. The decision to buy is more critical, for example it could be about a system to run the financials of a brokerage company.

Why are landing pages important?
The question is sometimes asked: Why create a landing page? Why not just send potential customers to the
homepage? Most marketers will say that a landing page is for testing and optimization of design and content.  Customers will be coming in through different avenues, so why not refine the message and the offer based on where the ad was placed? By contrast, sending a customer to a homepage is like sending them on a whole new level of search. In a way, sending them to the homepage is a waste of click dollars.

Specifically, a landing page allows for greater testing, enabling you to:
• Refine message and offer based on where the ad is being placed.
• Understand what works and what doesn’t work
• Maximize conversion rates

Testing in turn creates greater opportunity to optimize the page, which will again maximize conversion rates and decrease marketing spend.

And Because Google Said So
Google has recently introduced a new web crawler, AdBot-Google, which checks to see if your keywords and
landing pages are relevant to each other. That information is used to determine your ad quality score. Ads with a high quality score can rank higher, even if the ad buyer is paying less than others for the ad. Google has also indicated that refusal to allow AdBot scanning could result in lower scores.

Beyond Google’s ranking system, there are other metrics that show the advantages of directing prospects to
optimized landing pages as opposed to the home page.
• Average conversion rates for lead generation for the home page from search engine marketing or pay-perclick fall between 5 percent to 6 percent.
• Landing pages that match the theme of the keyword search have an average conversion closer to 10
percent.
• Landing pages that match the keyword exactly have a conversion rate closer to 12 percent.

What’s OUT:
• Boring Whitepapers
• Flash jump/intro pages
• Individual landing pages
• Boring “thank you” pages
• Web only campaigns

What’s IN:
• Video, Top 10 lists
• Simple fast-loading HTML
• Company landing pages
• Recommendation engines
• Multi-channel touch points (direct mail, banner, text message, pay-per-click)

The Bra!nStorm:  With any marketing campaign that includes the Internet make sure that you take the time to develop a great landing page for you website visitor.  In Part II we will go into more of details in design a great landing page that produces results.  As always we welcome your thoughts and comments.