Daily Archives: February 19, 2013
Foreclosure delays: D.C., Maryland keeping homes but losing value | Armonk Homes
Katonah NY Best Buy | Katonah Realtor
7 Grandview, Katonah
$420,000
The Evolution of Social Media Marketing | Pound Ridge Realtor
Before the social media boom, marketers thought social media marketing was just another fad that would soon likely pass, something in the vein of pyramid and networking scams. But when Facebook started attracting attention from the year 2004, more and more social media marketing strategies were developed. Today, this marketing tool has allowed start-ups and established companies to gain attention without having to spend millions of dollars on advertisements.
A Brief History
Before there was social media, netizens in the 1970s and 1980s spent most of their time on social networks like dating sites and online forums. Six Degrees, Livejournal, and Friendster were the earliest form of social medias.
The dot-com bubble of 1995 – 2002 was a critical event that allowed the internet to become a viable marketing tool. It began with search marketing, prompting brands to create websites to establish an online presence. As Google, Yahoo and MSN’s search engines evolved, companies turned to SEO strategies to remain at the top of search results.
When web 2.0 sites – blogs in particular – increased in popularity, marketers began to recognize the potential of content marketing. Inbound marketing, where more value is added for the customer and business is earned, starts replacing age-old “buy, beg or bug” outbound marketing strategies.
In 2003 – 2004, the arrival social media sites like Facebook, LinkedIn and My Space initiates the shift of internet users from multiplayer online games into social networking sites. Eventually, businesses picked up on the positive effects of a social media site presence on e-commerce and started creating their own profiles on the popular networking sites.
In the years that followed, customer’s favorable attitude towards social media marketing slowly changed business marketing preference from the more aggressively-proactive outbound marketing to the more reactive inbound marketing.
Nowadays, over 90% of marketing executives utilize social media as part of their marketing strategies, and successful businesses utilize social media marketing for branding, lead generation, customer retention, research and e-commerce. Not only does social media manage to significantly reduce marketing expenses and the time needed to market products and services, it also increased the effectiveness of marketing and overall customer satisfaction. 83% of customers who post complaints on a brand’s social site like Twitter and get a reply state that they are satisfied. This helped companies retain more of their customers, resulting to increased existing customer transactions.
Capitalizing on free Internet
There are over 2 billion people online at any given time. Around 23% of the total time spent on the internet is spent on browsing or interacting within social media sites. At least 53% of individuals who are active on social media sites such as Facebook are following a brand. With the help of global internet, more and more customers (if not all) are expecting their brands to have an online presence.
This year’s tablets, iPads, and Android-operated phones will only make internet browsing all the more accessible for consumers, and social media marketing will allow companies to reach out to more target markets. As long as the internet exists, social media will remain an important part of marketing strategies.
This post originally appeared at Business Marketing Strategies
Author: Amber King Amber King on the Web Amber King on Facebook Amber King on Twitter Amber King on Google Plus Amber King RSS Feed
Amber King is a marketing executive for Callbox, an international sales and marketing firm. Callbox helps companies increase ROI by generating leads and setting appointments through telemarketing. … View full profile
This article is an original contribution by Amber King.
Taking your POS mobile: The fees to avoid, the deals to grab (free hardware offer)
By Intuit
If you’ve shopped recently for—well, pretty much anything, you know how the retail world is mobilizing the check-out experience: Big retailers like Nordstrom, Guess and Sephora are all taking their cue from Apple and offering their customers an alternative to standing in line. In fact, over the…… read more
How to Build Powerful In-Person Networks From Your Social Contacts | Armonk NY Realtor
Help with Your Tax Returns | Chappaqua Real Estate
If you’re struggling to complete your tax return, students at Ossining High School may be able to help.
Every Wednesday from now through April, with the exception of March 27, high school business students will be preparing taxes for community residents free of charge through the Volunteer Income Tax Assistance Program, said Debra Jacoby, the business teacher who organized the service.
Students participating in the program, all of whom are studying accounting, were specially trained and had to pass a series of exams in order to qualify, Jacoby said. In addition, all returns will be reviewed by Jacoby, who is a CPA. Students will prepare returns on Wednesdays from 4 p.m. to 8 p.m. in room 111 at the high school.
The service is limited to taxpayers earning less than $51,000 a year. Taxpayers must bring a photo ID, social security cards for the taxpayer and any dependents, as well as tax documents including W-2 forms, 1099s etc.
How to Choose the Right Social Media Management System | Waccabuc Realtor
When you are confronted by the challenge of managing your organization’s social presence, it’s natural to first think “what are the features, functionality, and user experience that I value most?”We’re all familiar with HootSuite, TweetDeck, and other tools that are consumer or SMB-focused and we bring our frame of reference and biases to the process.
Now, if you are responsible for the social presence of a small organization, have a small social team (with no plans of growing), don’t have many social accounts on many channels, or don’t get much volume in the way of social messages, those tools will make a lot of sense for you.
At SCALE, however, the picture is quite different. What works very well on a small basis will often times fail miserably when numbers grow by an order of magnitude.
How Scale Changes Priorities and Requirements
Before we jump into Social, perhaps an example will help illustrate the point.
Let’s say you have 3 bricks and you need to move them across town. Your questions are relatively straightforward:
- Is it better to carry the bricks or put them in a small bag?
Regardless of your choice, any number of simple tools will do the trick for you. Further, the logistical questions are relatively simple:
- Is it more comfortable to carry them or put them in a bag?
- What’s the fastest route to get from A to B?
- Should I walk, take a bike, ride the bus, or drive a car?
On the other hand, let’s say you have 3 MILLION bricks and you need to move them across town. Now, your hands or a small bag is totally inadequate for the job. You have to start thinking about a different set of feature requirements.
- Do I need a truck? If so, how many?
- Pallets?
- Boxes?
- Forklifts?
- People to help move them?
- Maybe an assembly line to package them?
Similarly, your logistical questions change.
- Do I need a loading dock?
- Is there enough height for the truck?
- How much weight can each truck carry?
- Do we need to close the street off?
- Can we do it during the day or do we need to move at night?
- Do we need insurance if the bricks spill?
You get the idea.
The point is…when you hit scale, the feature requirements that you had for your smaller operation and the logistical considerations are completely different. You don’t just say “well, I guess I need bigger hands or a really big bag.” No, the entire game has changed.
Social Media Management is no different.
The Three Vectors of Scale in Social Media Management
For any organization, there are three pivot points that push you into the world of scale. These are Conversations, Users, Accounts. Let’s take a look at each and what you need to be successful at scale.
Conversations
When you are handling a small number of conversations (or let’s just say you can manage your entire flow of inbound and outbound messages without ignoring any of them unintentionally), your requirements might be a basic multi-column layout to track all conversations along with the ability to respond with one click.
However, when the number of conversations exceeds your ability to handle them and you move to Conversations@Scale, your requirements change to include, among others:
- A Natural Language Processor to quickly score messages for sentiment and intent, highlighting the most excited and most angry messages immediately.
- Message queuing and automated workflows so teams and groups in other functions, divisions, and geographies can be notified, even if you don’t know the people by name.
- Global content calendaring and content suggestion capabilities so you can ensure that you have message discipline and that the most engaging content is shared in other areas.
This is just the tip of the iceberg, but without these, an organization will not have much of a chance of handling a large volume of social conversations. What’s more, the company risks losing out on all of the benefits of participation (which you don’t need me to explain).
Users
Now, let’s take a look at the number of users, that is employees, contractors, agencies, vendors, etc. who have some responsibility within Social (be it directly or as contributors).
If you are managing social yourself or with a few team members, you just want to log-in, set up, and get going.
But, at scale, it’s just not that easy. With 100′s or 1000′s of users (aka Users@Scale), again, the requirements change. You would need:
- Compliance and audit trails so you can track behavior across your accounts and ensure that your any employee with access to a social account does not put your brand at undue risk.
- Global responsiveness and activity analysis to ensure that SLA’s are met and groups or teams are held accountable for delivering a satisfactory experience to the social customer
- A federated governance structure so you no longer share passwords by Excel or email and when a user leaves the organization, her access is turned off globally to all social accounts.
There’s a lot more behind this. In fact, Forrester Research put out an entire report just on security issues (plus, here’s a list of 22 Must Haves for secure social media deployments). At scale, a large organization simply cannot function without these types of capabilities. Otherwise, the risks to your social infrastructure and operations are significant and your effectiveness will be sub-optimal.
Accounts
Finally, let’s look at the number of social accounts or profiles which your organization manages.
If it’s only a few, you want to be able to rapidly switch between them with one click.
But most large organizations don’t have a few. Altimeter Group found that, on average, large organizations have 178 accounts. We performed an audit for a Fortune 50 client and found over 10,000 accounts. That is an Accounts@Scale challenge and, an entirely different set of feature requirements.
For example:
- Reporting by account type would tell you if you are performing better on one network vs. another across the entire organization.
- Multi-channel support would make it possible to integrate new channels rapidly as they come online.
- Account permissioning to enable (or disable) entire teams, groups, or divisions to access, post, moderate, etc. a given account (or any combination thereof).
If you don’t have these capabilities, the risk to your brand (fill in social media wildfire/disaster story here) are significant. Even if you don’t have a huge problem, things like branding inconsistency will plague you.
There’s Social…and then there’s Social@Scale
We all love social and the possibilities it provides for us as individuals and for the organizations in our lives. We’ve seen the potential. However, we can’t lose sight of the fact that what works for us as individuals will most definitely NOT work for the large organizations in our lives.
There’s a big difference between being social and being social at SCALE.
Cutting-edge innovators at the world’s most social, global brands understand this when choosing a social media management system for their large organization.
If you’re at that point, you may find this helpful: 6 Must Haves for Every Enterprise Social RFP.
Either way, I hope you’ll add a comment below to share your thoughts.
Guest Author: Jeremy Epstein is VP/Marketing at Sprinklr. Ranked “most capable” Social Media Management System by both Altimeter Group and Econsultancy, Sprinklr enables over 200 household name brands to be Social@Scale. Connect with Sprinklr or Jeremy on Twitter or anywhere else on the social
Want to learn how to create great content for your social media marketing?
My book – “Blogging the Smart Way – How to Create and Market a Killer Blog with Social Media” – will show you how.
It is now available to download. I show you how to create and build a blog that rocks and grow tribes, fans and followers on social networks such as Twitter and Facebook. It also includes dozens of tips to create contagious content that begs to be shared and tempts people to link to your website and blog.
I also reveal the tactics I used to grow my Twitter followers to over 135,000.
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3 ways online video can help your house hunt | Mt Kisco Real Estate
Investing in curb appeal pays off | Katonah Real Estate
Paint prep image via Shutterstock.
It might seem counterintuitive to invest money in a home you’re selling. Wouldn’t it be better to save that money for improvements on your next home?
Even though the home sale market has improved impressively, buyers still pay more for homes they can move right into without having to do work. This is not to say that buyers won’t buy homes that need updating, but they need to be able to see the potential. And the property needs to be priced right for the market, taking into account work that needs to be done.
For example, recently a home was sold in the desirable Crocker Highlands neighborhood in Oakland, Calif. It was owned by one family for more than 50 years. The property had deferred maintenance and a dated décor.
If the listing had been put on the market before it was partially updated, it would have been harder to sell and would have sold for less than it did with the repairs and tasteful upgrades.
Why no subprime ‘criminals’ have gone to jail | South Salem Real Estate
Editor’s note: This is the first of a two-part series.
“According to a recent ‘Nightline’ program, none of the Wall Street executives who engineered the subprime debacle have been convicted on criminal charges. Why do you think that is?”
I think that the most obvious answer is the correct one: The authorities were not able to find sufficient evidence of criminal behavior in any of the cases they investigated (and they investigated many) because there wasn’t any to be found. Imprudent violations of firms’ own internal policies abounded, but such violations are not criminal.
Underlying your question, and implicit in the “Nightline” approach, is an assumption that the subprime debacle was engineered by a profit-hungry group of lenders and investment bankers who, for some unknown reason, decided to run amuck. Given that assumption, the failure to convict anyone must mean either that law enforcement has been co-opted or that all the suspected criminals who were investigated were clever enough to destroy all evidence of their misdeeds.









