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How to Avoid Mistakes on Social Media

Jan 2014/in , /by

Knowing your customers is one of your top priorities. Since utilizing social media is one of the best ways to get plugged into your consumer market and develop relationships, it’s become a must. While getting on Facebook and Twitter creates unprecedented opportunities to get personal with potential buyers and current clients, sometimes letting your personality shine can backfire. When you have real people monitoring social platforms, they are bound to screw up now and then. Here are a few frequent mistakes and what to do if you find yourself making them:

Saying the Wrong Thing

You want your social media presence to have personality. While whomever is running your channels may be tweeting or posting under the name of your brand, people want to know there’s a real person behind it. However, you need to pick a professional who knows what they’re doing. Most people have their own Twitter or Facebook, and it can be disastrous when someone posts personal content under their employer’s name. Nevertheless, it happens. Another tragic error, according to John McMalcolm on Marketo’s blog, is to post something insensitive or offensive. While world events can often be a great excuse to plug your products, never use any event in which people were physically harmed or killed, like Kenneth Cole did. The brand used riots in Cairo as an excuse to advertise its spring collection. Naturally, it garnered widespread criticism for its insensitivity.

To avoid these missteps, companies should always plan out tweets in advance. If your social media expert has a history of creating questionable content, have someone read over their work before it gets published.

Misunderstanding Social

Sometimes when businesses start out on social platforms, they simply have no idea what they’re doing. This can lead to situations like those above, but other problems can result, as well. Some companies don’t know the rules of the game they are playing. For instance, you don’t simply jump onto Twitter, search for anyone who may be interested in your services and start following them – or worse – messaging them directly.

Social media isn’t self-serving, it’s about establishing relationships that help you know your customer and ideally, help them get to know you too. For every post you make promoting your own services, reblog or share a news item from your industry or community that may interest followers.

Before implementing a social media campaign, do proper research about the channel. See how people behave on it, and which companies are using it effectively.

Using the Wrong Data 

Having thousands of followers doesn’t guarantee prospects are actively engaged with your company. According to Jeff Bullas, not all customer analytics are created equal. Applying the normal metrics to social media may not yield the same results. Check to see how people are actually responding to what you put out there, don’t just assume followers have seen it.

Connecting All Your Accounts

Many companies use too many different platforms. In an effort to save time, they end up linking them up to publish simultaneously. This can be very irritating for those who follow you on multiple channels. It can also be annoying to those who don’t. Most platforms link up, but in less-than-ideal ways. Do you really want your Twitter feed to tell followers “I just posted a video to Facebook” every time you upload something? Everyone knows the message is automated, and it comes across as lazy. Similarly, when users link Twitter and Facebook status updates, anyone who follows both will see the exact same message.

As a best practice, write posts individually, keeping in mind what makes each platform unique. Instagram and Facebook are great for visual media, while Twitter may be better for linking news items and blogs. Better yet, don’t take on more channels than your marketing department can manage.

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D&B and FirstRain to Deliver Deep, Actionable Insight through Structured and Unstructured Business Data

Jan 2014/in /by

D&B’s Business Information Products Now Powered by FirstRain’s Advanced Analytics; Customers in Any Market Can Immediately Maximize Sales Opportunities

SHORT HILLS, N.J. & SAN MATEO, Calif.–(BUSINESS WIRE)– D&B (NYSE:DNB), the world’s leading source of commercial information and insight on businesses, and FirstRain, a leading provider of customer insights for the enterprise, today announced a partnership to deliver a ground-breaking solution combining structured and unstructured business data and analytics. The solution will provide a 360-degree view of a company that unifies relevant social content with D&B’s leading commercial content in a simple and seamless manner that is easy to use and integrate into business applications, in near real time.

“As we continuously look for opportunities to strengthen our position as the market leader in B2B data intelligence, finding and identifying solutions that solve unmet customer needs is crucial to our success,” said Laura Kelly, Chief Product Officer, D&B. “The relationship with FirstRain will enable our customers to receive up-to-the-minute insights on prospects, customers, competitors and key markets, especially in today’s social age where companies have immediate needs for deep insight. FirstRain’s company and industry social analytics combined with D&B’s world-class structured data gives customers advanced warning of sales and growth opportunities in their markets, when and where they need it.”

Under a long-term strategic agreement, FirstRain provides D&B with customer and market intelligence, which D&B delivers through its world class solutions. The agreement with Silicon Valley-based FirstRain, an emerging leader in big data analytics, builds on D&B’s commitment to investing in and providing its customers with breakthrough and innovative services.

Going far beyond traditional news feeds, FirstRain big data analytics on unstructured information, including social media conversations on Twitter and blogs, deliver highly relevant, real-time insights on companies, markets and competitors to sales and marketing teams. FirstRain users have a superior understanding of their customer’s businesses, uncovering greater opportunities and risks, and ultimately driving smarter business decisions and accelerating growth.

“The integration of FirstRain’s analytics with D&B’s sales and marketing intelligence will enhance D&B’s profiles, setting them apart from commoditized products in the market,” said Harry Henry, VP & Practice Leader at Outsell, Inc. “This partnership allows D&B to offer relevant new content, from a wide range of sources including social media, to millions of users across different industries.”

D&B users now have access to FirstRain’s first-level analytics integrated directly within the D&B solutions including Hoovers, D&B360, D&B Direct and First Research®. The combination of D&B data and insight on more than 230 million businesses, 100 million business executives and three million corporate family trees linked via the D&B DUNS® Number with FirstRain’s real- time insights on customers and markets sets the standard for business data analytics.

“Our partnership with D&B is a tremendous milestone for FirstRain,” said Penny Herscher, CEO of FirstRain. “D&B is the global leader in business information and we are excited to bring the powerful insights that FirstRain extracts through real-time unstructured data analytics to their customer base through this partnership.”

About Dun & Bradstreet (D&B)

Dun & Bradstreet (NYSE:DNB) is the world’s leading source of commercial information and insight on businesses, enabling companies to Decide with Confidence® for 172 years. D&B’s global commercial database contains more than 230 million business records. The database is enhanced by D&B’s proprietary DUNSRight® Quality Process, which provides our customers with quality business information. This quality information is the foundation of our global solutions that customers rely on to make critical business decisions.

D&B provides two solution sets that meet a diverse set of customer needs globally. Customers use D&B Risk Management Solutions™ to mitigate credit and supplier risk, increase cash flow and drive increased profitability; and D&B Sales & Marketing Solutions™ to provide data management capabilities that provide effective and cost efficient marketing solutions and to convert prospects into clients by enabling business professionals to research companies, executives and industries.

For more information, please visit www.dnb.com.

About FirstRain

FirstRain is a pioneer and leader in customer insights solutions for the enterprise. FirstRain’s cross-platform solutions provide sales, marketing and finance professionals with analytics tuned to their specific company strategy, allowing them to deeply understand their customer’s business and their markets. FirstRain’s patented, advanced analytics technology finds business-focused Web and social media and then integrates it seamlessly into the world’s premier CRM and social enterprise platforms, including Salesforce, Salesforce Chatter, Cisco WebEx Social, Microsoft SharePoint and Dynamics, Jive and Yammer. This intelligence is similarly incorporated into leading research platforms such as Fidelity.com, Interactive Data and Mergent. Based in San Mateo, California, FirstRain also has offices in New York and Gurgaon, India.

D&B:

Media

Wayne Roberts, 404-995-4533
wayne.roberts@porternovelli.com

or
Investors/Analysts
Roger Sachs, CFA, 973-921-5914
sachsr@dnb.com
or
For FirstRain:
Merrill Freund, 415-512-0770
firstrain@schwartzmsl.com
Source: D&B

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Use Twitter for sales intelligence

Dec 2013/in , /by

Getting exhausted by tired old methods for finding sales leads and connecting with customers? Twitter is a fresh alternative to waiting for email registrations, and it’s a great way to provide better service to your current clients. The best sales resource is knowing your customers. In this regard, social media can be a great complement to customer intelligence analytics. Twitter’s features make it a good choice for sales reps who want to get plugged into their consumer market.

Find prospects
The best way to maximize the service is to get a platform like TweetDeck to help you organize the people you follow.

First, you’ll need to identify leads. It may take a while to build a following, but it will be worth it in the long run. Start by using the search function to look for words buyers of your product might use, says Anna Bratton for Salesforce. Follow the people who fit your customer profile.

Another good idea is to check out your competitor’s Twitter feed. If you’re lucky, they may have already done the legwork for you. If they’re not on Twitter yet, well, that’s good for you too.

Once you’ve generated a list of people to follow, organize them into lists. For instance, your competitors can have their own category. These indexes can also be used to organize potential clients by where they are in the sales cycle, suggests Bryan Kramer on the Salesforce blog. Twitter is a great tool for keeping prospects on your radar.

Look for signals
Use the search function on Twitter to identify businesses that are looking to buy a service you offer. Twitter benefits both buyers and sellers by providing a large community to answer questions. Look for users who are asking for recommendations. They will be particularly pleased to get a quick answer from you. Search for terms like “anyone recommend” or “any advice on,” says Bratton.

Keep on eye on various signals. Once again, list functions work perfectly for this. On TweetDeck you can create a list that compiles any tweet containing words you’ve identified. Look for tweets that mention name of your company, or a keyword that best represents what you do. Having a list devoted to competitors is never a bad idea. If a user mentions a competitor, specifically a negative experience with one, you have an opening to jump in and suggest your services instead.

Optimize the experience
No one likes a self-serving Twitter feed. The point of social media is to generate conversation and engagement, not to promote your own company ad nauseam.

This platform is ideal for companies seeking a thought leadership role. This means that most of what you tweet shouldn’t be directly about you at all. On Marketo’s blog, Heidi Bullock provides a useful guideline, called the 4-1-1 rule. For every tweet your company makes to promote itself, you should retweet someone else (but don’t cheat by retweeting another user’s complimentary words about your services). In addition, you should share four pieces of content from other sources. Provide insightful articles with digestible headlines that are under 140 characters. Actually, the less characters you use, the easier it will be for other to retweet you with your words intact.

Promoted posts are another strategy to consider, although this service may not even be necessary. You can use promoted tweets to target specific users. Since this is a slightly more invasive strategy than targeting users who seem specifically interested in buying, it may be wise to test the waters before rolling these out on a wide scale. Wait until there’s a big industry event underway and provide timely and engaging content like a white paper or e-book for those who may be associated with the occasion.

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The Things We Learned at DF12–and how they’ll affect Dreamforce ’13

Sep 2013/in , /by

It seems like Dreamforce ’12 took people by surprise. Refrains of “It’s massive!” popped up all. over. the web.

 

We obviously now know to expect that Dreamforce ’13 will be just as giant. But what else did we learn last year that will influence how we all exhibit this year?

 

Side note: if you consider yourself a FirstRain competitor, please ignore this post. In fact, please do the opposite.

 

1. A successful business is a social business

 

I bet that if, for some reason, your company hadn’t embraced social media last year, that was the first thing you did when you got back from Dreamforce. How could you not, especially after Sir Richard Branson called you out on it? “For a business to not embrace social media … you’ve clearly got your head in the sand.”

 

Being on social media not only gives you an easy channel to engage more and different people, it allows you to really connect with people on a more personal level. Nowadays, people appreciate seeing the human side of corporations—and the corporations realized that at DF12.

 

This year, I expect WAY more traffic on Twitter (and Facebook, and LinkedIn…) and an effort to be more personable and, dare I say, casual—and, hopefully, some very cool ideas coming out of it.

 

Which happens to segue nicely to my next point:

 

2. If you want to stand out, you need to get creative
Dreamforce is huge. We’ve established this. So what can you do to make sure to get foot traffic at your booth, which is a tiny (but I’m sure very lovely) island in the Moscone Sea?

 

We just talked about how people like to see the clever, human side to a business. So if you want to get noticed, you need to get creative with how you promote your company in the run-up to Dreamforce. Recognizing this, for the second year in a row, we at FirstRain have made a Dreamforce-themed video, which is getting a lot of love, and a funny Dreamforce-themed Tumblr (check them out—you won’t be sorry!). We’ve seen other creative videos and Tweets pop up here and there, too (and we love it!).

 

Make sure you have the material to impress once people want to know more—but getting people to know your name in the first place is half the battle.

 

3. There are more apps out there than anyone knows what to do with
My prediction: at Dreamforce ’13, there will still be more apps than anyone knows what to do with. And there might be even more than that. Because people have now seen that being able to provide a quick and easy solution to any sort of business need, isn’t just nice—it’s what people expect. Oh, and if they don’t currently have your solution, the only way they’ll consider buying it is if it’s compatible with the solutions they already do use.

 

Expect to see an explosion of integration at this year’s Dreamforce. Have we mentioned that FirstRain can be dropped in to just about any CRM or corporate platform? And it’s mobile, which is also necessary.

 

Come visit us at booth #N1924! We promise to have cool swag (free lesson #4).

 

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Develop a Social Media Strategy Specific to Your Customers

Aug 2013/in , , /by

By Daniela Barbosa, Director of Business Development

Simply just being on networking sites isn’t enough anymore—to stay competitive you have to be creative with the content you are putting out there, showcasing your expertise and even creating a new social community. With all of its challenges, social media continues to be one of the most effective ways you can market your company and connect with clients. When your customers are able to interact with your company online, you’ll understand what is currently driving them to purchase a certain product or favor a specific brand. But think beyond just sharing content with your clients—develop an engagement strategy that’s specific to your target consumer and you will begin to see stronger sales.

Be Purpose-Driven
Forbes says that digital marketing campaigns are starting to move toward more purpose-driven content and branding, according to this infographic from We First, a B2B training company. The infographic highlighted that 54% of consumers don’t trust that brands are being genuine. Let that sink in for a minute. Your social media initiative is under customer scrutiny most of the time, and you need to figure out a way to bridge that disconnect and really interact with your customers. A main challenge to achieving this end is that the majority of employees, about 54%, said they didn’t clearly understand their company’s mission and so were unable to effectively communicate with customers online. After you make sure your employees really know what your company is trying to achieve, then you can turn to your customers. One of the key ways the infographic suggested for building customer loyalty online is by showcasing the humanizing aspects of your company, such as charity involvement, or highlighting a strong volunteer culture.

By developing a comprehensive social media strategy around your customers’ needs that all of your employees can follow, you will not only improve worker knowledge, but also ensure everyone is on the same page.

Learn From Entrepreneurs
But how do you make this a reality? Well, understanding your customers is key, but you should also gather some insider secrets from a few innovative professionals who have conducted successful social initiatives.

Entrepreneurs are often better able to think strategically about what they want to accomplish. According to a case study by Entrepreneur magazine, three startups gained strong sales early on by adopting a customer-centric—and, unsurprisingly, innovative—social media strategy.

One of these young professionals, Warby Parker, decided to increase awareness about his New York city-based online eyeglass company’s brand by encouraging clients to share their own stories and content on social media. Warby was able to promote his company by providing customers with the opportunity to try on the eyeglasses before buying, and then asking them to speak about their experience online, like whether they decided to purchase the frames. The strategy was focused on generating positive buzz about the company.

David Gilboa, co-founder and co-CEO of Warby’s company, told Entrepreneur that the marketing idea was a grassroots-type strategy for the brand.

“Don’t view social media as just another way to push your marketing messaging,” Gilboa said. “Think of Facebook, Instagram and Twitter as critical customer service gateways and take the time to respond to each and every customer who reaches out to you there. Each comment, photo and tweet gives you an opening to directly communicate with them on a meaningful, personalized basis that encourages brand loyalty.”

While you don’t have to implement a try-on initiative like Warby, especially if you are selling B2B enterprise solutions, you should make sure you develop a social media plan that focuses on the customer—not just on your company. Doing so can get the rest of your team involved and centered on what should be the primary reason for the campaign—connecting with your clients.
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Delivering Unique Business-Relevant Tweets: Facebook IPO

May 2012/in , , , /by

Today’s Facebook’s IPO although a more consumer focused interest story then what most of our customers are interested in, brought a huge amount of tweets on the subject as expected. (I would even venture to say that it was more then a ‘consumer interest story’ but rather a ‘human interest story’). None the less, being that FirstRain is a Silicon Valley based company, the buzz is also being felt strongly outside the digital world for those of us that live here and have friends and acquaintances that are being directly impacted by facebook’s IPO. Exciting times.

Yesterday, prior to Facebook’s IPO we ran some stats using our FirstTweets™ technology and then redid the same exercise at the close of the market today. FirstTweets™ uses our patented FirstRain technology to uncover and deliver only high-quality, business-relevant tweets to sales and marketing professionals across the enterprise. Our analysis shows that less than 0.1% of daily tweets contain quality, business-related content, yet this still represents more than 200,000 tweets per day of business-focused intelligence.

The picture painted by the stats that we captured, aren’t surprising but are interesting and illustrative on why our customers are seeing value in our FirstTweets- as YY Lee our COO tweeted this morning allowing them to “cut through the frenzied roar to net out the actual business discussion…”.

On the day before Facebook’s IPO:

At the close of Market on the day of Facebooks IPO:

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