Trading Social Assets What if Social Capital could be evaluated, purchased, and leveraged? “Influencer Marketing” is a hot topic today, but networking (leveraging trust and influence) has been around since tribal chiefs negotiated around campfires. One of the best kept “secrets” among social networks is Empire.Kred . Connect with “Connectors.” The social network “Empire Avenue” was […]
“Social influence” and “social media ROI”. Businesses can no longer ignore social media. Social networking is the “800 pound gorilla” in the room, but there is much debate about whether investment in social media actually brings a profitable return.
The foundation of influence marketing is building relationships with individuals who are in a position to help your brand increase awareness, build reputation, connect with an audience, and make sales. The basis for all of these goals is the development of a relationship with an influencer.
Belongingness Hypothesis Image credit to “The Red Boa” blog. The belongingness hypothesis was proposed by Psychologists Baumeister and Leary in 1995, who suggested that human beings have an almost universal need to form and maintain at least some degree of interpersonal relationships with other humans. According to these theorists, belongingness is an innate quality […]
Contacts, Connections, Relationships — ROI Is it possible to have too many contacts? Maybe so! I find myself spending a LOT of time adding “friends,” “followers,” and “connections,” and I am proud of the number I have. I assume that there is potential for value from contacts. Maybe they are assets? The problem is that […]
While attending the Pro Marketing Summit, Buddy Hodges asked Ray Higdon his opinion about old school vs. new school network marketing, online and offline.
Personal Branding and Google + Circles Personal branding may be even more important on the internet than it is offline. Circles on Google Plus (or Google+), along with SEO and social media profiles, are replacing the old school Rolodex in the internet age. It was always true that people did business with those they knew, […]
It’s How People Feel About You (a Kind of Branding) Actually, I believe that what counts most is how people feel about you. Knowing is not enough. Being known is not enough. People don’t care how much you know until they know how much you care. It is not just a matter of who you […]
Social Media makes it amazingly practical to form new relationships anywhere in the world. They make it convenient to communicate globally, instantly, virtually for free. This is truly revolutionary!
The vastly increased pool of potential friends made accessible by social media allows us to sort and find relationships that are a better fit than we could find from a much smaller set determined by geographical proximity. Now our exciting challenge is to nurture and cultivate deep relationships with “the vital few among the trivial many,” as in “Pareto’s Law.”
Social Networking Social networking has been around for centuries. Synergy and empowering relationships are the essential ingredients of civilization. The internet is an efficient channel of communication for human beings who would like to interact for mutual benefit. I’ve been a fan of social networking for decades, and I was delighted when social media arrived […]
One of the best things about true network marketing, online or offline, is the win-win relationships. To quote Zig Zigler, “Help enough other people get what they want, and you will get what you want.” Sales and internet marketing, as opposed to networking, have the potential to be win-lose games. The seller wins, whether or […]
Get traffic? The volume of “traffic” flowing through Facebook and Twitter feeds make the Los Angeles freeway system look like a rural country lane. But social media experts continue to advise marketers not to transfer the old freeway billboard advertising technique to social networks like Facebook. Unlike the freeway, the traffic on the new internet superhighway is becoming […]
The social network online is only part of the real global social network, which includes human society as a whole. The old email chat acronym, IRL (In Real Life), no longer makes sense, if it ever did. Most of what constitutes human life, such as emotions, reasoning, needs, wants, and commerce, exist online and offline, and often overlap both. […]
Social media allow us to get to know each other before we decide to do business together. This is one of the things I like about network marketing too. We can choose to work with whomever we want. I think that is better than taking a chance on “buying a pig in a poke” from […]
The foundation of any lasting relationship is a positive value exchange. In personal relationships the value is often intangible. It may be a subtle deposit in what Stephen Covey calls the “emotional bank account.” Making such deposits spontaneously and without calculation is most effective. In fact being relatively unconscious of the value exchange may be […]
Daniel Ben-Horin, CEO of TechSoup Global, wrote a guest post on TacticalPhilanthropy.com about “Collaboration, Innovation and Noise,” in which he said: No one is forced to follow anyone or friend anyone. Think of the numbers in context. What does it mean to have 200,000 Twitter followers? Are they the kind of followers who follow a thousand […]
Umair Haque wrote a provocative post in his Harvard Business Review Blog. I have quoted it below to start a conversation about how close or deep our online relationships really are, and how we can improve on them. Here is what Umair says: I’d like to advance a hypothesis: Despite all the excitement surrounding social media, the […]