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Connecting the dots of social media

Many accounting firms are missing out on an opportunity to promote themselves for free. In fact, most are.

What we have come to call social media offers a wide range of tools for firms to tell their clients and prospective clients, what’s going on in the world around them, and, as a result, generate some new business for themselves.

But what is social media?

Well, from an accounting firm’s perspective, the major players, as I see it, are:

• Youtube
• Linked-In
• Facebook
• Blogging
• Twitter
• Pocasts

There are many more sites that pass as social media, but from a business perspective, the six mentioned above are the major players you need to be concerned about. So, what are these sites and what role can they play in promoting your services?

You Tube
In my opinion, this is the big one, the must-have, AND the place to start. Check out YouTube!

If you own a PC and a home movie camera, you have all the tools you’ll need to get started. Make a short video and post it on to your newly created YouTube account. People love to watch videos to learn new skills, so don’t make a video that just promotes your services and tries to sell something.

People use You Tube to find out how to do something, tape a session of you talking into the camera lens that provides useful information on building a better business, creating wealth, providing for retirement, selling a business for maximum tax-free cash, or, indeed, anything that potential clients would perceive as having high value.

An instructional video that dove-tails with your services is fine, and if you can inject a bit of humour in there too, then so much the better!

So, how about a short clip showing the 10 most common errors you see in ‘Quickbooks’ files or any of the popular accounting software, and then give useful tips on how to properly record each item. Youtube offers so much potential for those with a creative flair.

You should, of course, show your firm’s name, address, website and phone number at the end of the video for those who see the clip and want to make contact with you. It sounds obvious, but you’d be surprised how many people forget to add their contact details at the end of a video clip!

Linked-In
LinkedIn is the world’s largest professional network with over 55 million members and growing rapidly. LinkedIn connects you to your trusted contacts and helps you exchange knowledge, ideas, and opportunities with a broader network of professionals.

It works a little like the six degrees of separation, and is good for getting referrals for a whole host of different suppliers for example.
It can also be a very useful tool when recruiting.

Facebook
Some use facebook as an online diary, others post pictures from their travels, taking their friends on vacation with them, virtually as opposed to literally, of course, while other groups use the site as a fan club, artists post their works for sale, bands and musicians update fans on tour dates and accountants can post their seminar dates, tax saving tips and much more on Facebook!

In short, it can be used for whatever the heck you want.

The great thing is that when you post a message onto your facebook page, all of your ‘friends’ get notified, so they know what you’re up to. It’s a great way of keeping friends, family and clients up to date on what’s going on in your life, or in your firm, depending on what you use it for.

If you aren’t on Facebook yet, do it now! It’s absolutely free to set up a Facebook account.

Once you’re registered, you will have access to a slew of free applications and functions on Facebook to help you in the development of your practice online.

Now, if, like many, you are labouring under the misunderstanding that Facebook is for teens and college students, then you really do need to think again!

People of all ages are regular Facebook users. There are over 200 million members, and it’s growing every day. Take advantage of the reach and scope of the Facebook community to grow the e-commerce side of your practice!

Blogging
Start a blog! Having a blog is one of the best ways to generate some free buzz about your business. Keep it updated with fresh content and encourage readers to provide their input.

For those who are not sure what a blog is, again, I’ll take a stab at defining what that is for you.
Here goes...

‘A blog is a website in which items are posted on a regular basis and displayed in reverse chronological order – most recent first. The term blog is a shortened form of weblog or web log. Authoring a blog, maintaining a blog or adding an article to an existing blog is called “blogging”.

Individual articles on a blog are called “blog posts,” “posts” or “entries”. A person who posts these entries is called a “blogger”. A blog comprises text, hypertext, images, and links (to other web pages and to video, audio and other files).

Blogs use a conversational style of documentation. Often blogs focus on a particular “area of interest”, such as Washington, D.C.’s political goings-on. Some blogs discuss personal experiences.’

So that’s the quick run-down on blogging, but a word of warning - don’t try to use your blog to shove your business down everyone’s throat. Instead, give readers something of value that can be passed around and shared.

As accountants, we should be looking to use a blog for providing weekly or monthly tax tips, for example, or cash collection tips and ideas, how to grow sales, or cut costs, the lists of topics you could blog about is limited only by your imagination, and it doesn’t have to take up a lot of time.

If you type at a reasonable pace, and you have a creative flair, one can write a blog posting within an hour. Do this every month and you’ve invested 12 hours over the year, not a lot to ask.

Twitter
Get on Twitter and start Tweeting! Twitter is huge! Dell Computers and many other giant corporations have discovered the value of Twitter and have made astonishing growth in sales due to Twitter. If they can do it, so can you, but what is it?

Well, I’d call it a form of micro-blogging. It’s intended to be short and sweet and updated often, and messages are restricted to 140 characters or less for each posting.

If I had to choose, I’d leave this until last if you’re just getting started, to avoid overload, and at the end of this DVD I’ll run you through what I think is a sensible action plan if you haven’t taken advantage of any of these tools.

Podcasts
Everyone is familiar with the famous iPod, right? Well a podcast is nothing more than an audio recording that is made available, usually for free, via iTunes.

Some large and some very small accounting firms are already doing this, and having thousands of downloads every month acting as a viral marketing machine for their firm.

Making a recording is not expensive, heck, you can do it on your PC or Mac for next to nothing, but the benefits are tremendous if you take the time and trouble to do it right.

Connecting the dots...
So, now you have a few video clips on Youtube, you’re on Facebook and Linked-In with a profile on each site, and you’re running a Blog and using Twitter and you’ve created some audio files for distributing as a podcast or two, how do these all relate to marketing your firm?

Well, let me give you an example.

Let’s suppose you’re interested in developing a niche market in the manufacturing sector.

You want to hold a seminar called ’21 tips for growing your manufacturing business’ and you want to reach out to manufacturing companies to come along and attend.

First, you can post the details on your own web site (you MUST have a web site!) and then post a link to your Youtube page. Film a 3 minutes explanation of what the seminar will do for those attending, and post the video to your account.

Take the audio from that video recording and turn it into a podcast and make that available from your website and/or iTunes. Then, in your next newsletter, promote the seminar and include links to the Youtube video and the iTunes audio files.

Then, in your blo0g, announce the seminar and include some bullet points of what attendees will learn, and repeat this in your Tweet.
On Facebook and Linked-In you can also make these announcements and link all the above options to your people, and now you’re starting to use social media to promote your firm.

These are just basic ideas intended for the beginner, there’s so much more that social media can do to help you grow your practice, but for now, the above should get you started.

 

© 2003-2011, Steve McIntyre-Smith. All Rights Reserved.