Four years ago, I submitted an article for the International Franchise Association publication, Franchising World. The article was about capitalizing on what was then a relatively new but increasingly mainstream technology, social media. When looking back at the article I quickly realized that not much has really changed from my philosophy in effectively utilizing social media, and especially in a franchise environment. Sure, some of the platforms have changed and some social media have gone by the wayside while new ones have popped on the scene, but from a strategic standpoint, my philosophy remains in-tact as does the [potential] value social media brings to franchise organizations. But, I’ll let you decide for yourself as you read on and I look forward to your feedback…
Simplifying Social Media for Optimum Results
As published in Franchising World – August 2010
The key to effective technology usage is developing an integrated plan, choosing the most complementary tools and implementing well-planned strategies.
Social media technology is evolving at a rapid pace. New tools enabling increased communication with various constituencies are being introduced on a frequent basis. While the franchising community is not yet embracing social media at the levels of the public-at-large, its members are beginning to understand the multi-tiered value that social media participation can provide to their firms. This value includes:
• Creating or improving brand awareness that drives business to franchise locations,
• Creating interest in franchise opportunities or franchise-candidate lead generation, and
• Establishing or improving communications and information-sharing throughout the franchise organization.
A frequently-cited impediment to the franchising industry’s adoption of social media is the perceived time commitment required to achieve optimum results. There are many implementation methods and technology tools that can be utilized to execute a firm’s social media program in a way that will maximize ROI, minimize time requirements and achieve complete integration into its overall marketing strategy, all of which will serve to achieve optimum results.
A big part of the challenge with building a substantial brand presence on social media is the need to ensure that a brand is reaching its target audiences on the various social platforms where it is participating, and since the number of social media platforms now numbers in the mid-hundreds, it’s obvious why this can be perceived as a daunting process. Participation on any platform necessitates building a profile there and then adding new content on a regular basis to keep the brand’s audience interested and engaged. While firms do exist that will concurrently build a company’s profile on up to several hundred sites (for a fee, of course), these tend to be very generic profiles that will not serve to attract the interest of a target audience and are therefore not recommended.
A better plan is to begin by identifying the top 10 social media platforms where a franchise will find the audience it is seeking. Typically this will include one or more of the top three platforms: Twitter, a micro-blogging platform with wide and diverse appeal; LinkedIn, a networking platform for a business-oriented audience; and Facebook, which began as a way to communicate with friends and family, but has evolved into a leading marketing platform for brands large and small to communicate with a potential audience of over 400 million members.
Many other social-media platforms exist including those that are targeted to specific geographic areas and those that appeal to specific demographic targets. A good place to start reviewing platform options is the blog, “Marketing with New Technology.” After a brand has been established and built a following on the originally selected platforms, then it can consider whether it wants to begin exploring additional social platforms to broaden its base of followers.
The second step will be to build the firm’s profile-corporate pages on each of the selected top 10 platforms and to concurrently authorize the development of any employee or franchisee-managed profiles that will be linked to the franchise account.
The third step is where the franchise will begin to achieve significant time-savings by using social media. This is to incorporate the use of a social-media aggregator into the social media program (see list on Page 14 of the digital August 2010 Franchising World).
A social media aggregator will allow a firm to attach the selected social platforms to one account and then upload content only once, but publish it to all of the selected platforms, thereby avoiding the need and the time to move from platform to platform to make posts.
The best aggregators will allow a firm to be very selective about which platform each piece of content publishes to, enable the attachment of multi-media content such as photos or video, permit the identification of a specific date and time that the item will actually post and finally, allow a franchise to incorporate multiple levels of authorized access so that several people can post content, but only certain ones can actually authorize it to post to the social media platform.
This type of tool allows the workload to be distributed while ensuring compliance with franchisor branding and messaging guidelines. Aggregators are available at costs and functions ranging from free, with very basic services, to more than $25,000 per year for enterprise-level programs which provide the highest levels of functionality and security. Some of the aggregators even incorporate the ability to post blog entries, e-mails and text messaging.
Read the complete article HERE.