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I see many companies using social networking (Twitter, Facebook etc) to promote their products and services. I've never used sites like this, and don't really know where to begin from a marketing perspective.

What is the best way for me to exploit social networking to promote my small software business? (We sell a niche enterprise level application)

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You probably don't mean it this way, but asking how to "exploit social networking to promote" is like asking how to "use workers to get more labor". Social networking isn't that different from this site: add value to get value. Treat it like something you can just wring value out of from the regular users, and it won't get you anywhere. – Jay Neely Apr 7 '10 at 13:23
'exploit' was more a figure of speech :) I take your point about adding value though - any ideas on how to approach this? Would 'Tweeting' industry news be one way to go? Or maybe Tweeting about how our software solves specific scenarios? – Cocowalla Apr 7 '10 at 14:03

5 Answers

up vote 12 down vote accepted

Check out Hubspot.com. Dharmesh, one of the hosts of this site, is a co-founder. The Hubspot website has a lot of useful marketing information, including free whitepapers on how to leverage Facebook, Twitter, and LinkedIn for your business, and lots of webinars.

Update: They posted a new eBook, How to Use Online Video for Marketing.

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I am half way through Dharmesh's book - Inbound Marketing - terrific resource! – Warren E. Hart Apr 8 '10 at 12:59
+1 for great answer. Hubspot seems to be down though? =( – Frank Jan 23 '11 at 5:01

You ARE in a social website already. Other websites like Facebook or LinkedIn are very similar to this one. They connect people that have the same interests and that want to discuss them with their peers.

One good place to start looking at would be LinkedIn.

There are thousands of LinkedIn groups where people meet to ask questions and find help. You'll most probably find several groups where your prospects meet. Joining these groups is free (although some are by invitation only).

Once you are in the group, you need to take a 3 step approach (which, by the way, applies to any social media site):

1) Start to listen to what others are saying, what questions they have, what they discuss..

2) Get involved, answering their questions, without pitching anything. Build a reputation. Help others. Make connections. Build your network.

3) After a while, people will start knowing who you are. At that point, it is ok to include a non-sales pitch in some of the answers, always making sure you explicitly say that "this is the company I work for, this is my product".

Hope this helps

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I agree with everything that Mike states above! As a part of your listening, you can set up alerts to track when people mention certain keywords relating to your product on social sites. When you hear them talking about a problem that your software solutions solve, bang! sale! (Just so long as you develop a trusting relationship with them first and offer to help them before sell to them)

Free alert services I use are: http://www.google.com/alerts http://search.twitter.com/ (click on "advanced search") http://socialmention.com/

Also, make sure to be active on LinkedIn and become a trusted expert in your field through their forums and q&a pages.

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The Hubspot site mentioned above and the Inbound Marketing book are excellent resources.

Another excellent resource is David Meerman Scott's outstanding book The New Rules of Marketing and PR.

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Social media is all about interactions. Find a community, or build one. Contribute, be of service without expecting anything in return. Over time, people will start to notice.

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