Category: Lead Generation

With Social Media Comes Great Responsibility

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Within the LinkedIn franchise groups we continue to see discussions about social media. There’s great interest in what still appears to be the unknown. With fundamental questions being asked and basics being discussed, there is still a level of exploration and discovery going on. Yes, and uncertainty as well.

But, there are also discussions about how to utilize social media better, more efficiently and effectively. Many are exploring ways to expand their social media reach into franchise marketing and lead generation. While others are determining how it can help drive business to franchise locations. And, others are looking into improving system-wide communications, support and training through the many facets of social media. Certainly, the franchise community is embracing social media more and more each day.

Discussions have also centered around social media guidelines, policies and procedures. Who’s allowed to do what is an often repeated question? Other questions touch upon Facebook Fan Pages, Twitter presence, types of posts, information to be shared and continue through to crisis management. All are very important topics of discussion and all must be addressed prior to launching a social media program.

That being said, it’s essential an overall strategy be developed that addresses these questions as well as establish goals and objectives of utilizing social media within your organization. Brian Solis, globally recognized as one of the most original and most prominent thought leaders in social media, is very insightful as to how organizations should embrace social media. In his recent book, Engage!, A Complete Guide for Brands and Businesses to Build, Cultivate and Measure Success in the New Web, he shares that insight.

Mark Cuban, owner of the Dallas Mavericks, investor, entrepreneur and Chairman, HDNet, is quoted as saying, It’s no longer an era of business as usual. Executives and entrepreneurs must embrace new media in order to not only compete for the future, but for mind share, market share, and, ultimately, relevance. [Engage!] helps you engage. Without it, you’re competing for second place.

In Chapter 17 of Engage!, Defining the Rules of Engagement, I believe Solis truly delivers the message, and addresses many of the underlying questions I’ve outlined above. At the very least, with respect to these questions, Solis provides what is in essence an outline of what must be considered as businesses take the next step within social media.

With Social Media Comes Great Responsibility
from Engage! by Brian Solis
Chapter 17, Page 205

Please remember these words…

Perhaps the biggest mistakes committed by businesses, personalities and brands in social media occur when people jump into social networks blindly without establishing guidelines, a plan of action, a sense of what people are seeking and how and why they communicate, an understanding of where people are congregating, a definition of what they represent and how they will personify the brand online, and the goals, objectives, and metrics associated with participation.

Everything starts with education and the instruction of policies to protect individuals and brands.

In addition to setting the guidelines and regulations for how and when employees [and franchisees] should and shouldn’t engage online when it relates to the company, we must teach our spokespersons, ambassadors, and advocates how to leverage the immediacy, extent, and potential of these powerful social media tools. Our communities will follow by example.

Holding informal and infrequent workshops and/or publishing internal guidelines for self-consumption and interpretation is not nearly enough to satisfy the substantial requirements for an in-depth comprehension of the scenarios, circumstances, objectives, hazards, and nuances associated with engagement, influence, and community building.

This is more than publishing and it’s far more important than empowering employees [and franchisees] with the ability to chat online.

It is our responsibility to contribute to the increase of a significant, tuned, and strategic signal, with a high ratio to noise. I assure you that in doing so, you will earn a place among the elite in the ranks of social, new, and emerging media practices within your organization.

Recently, on Franchise Today, my guest, BJ Emerson, Social Technology Officer at Tasti D-Lite, mentioned social negligence. At the time, I thought it was a powerful statement and was intrigued by its implications. But now that I’ve read Engage!, I truly understand what BJ was referring to, and now realize the power and magnitude of social negligence… and social responsibility.

This post was originally posted on this site April 2010.


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Targeted Franchise Lead Generation through Social Networking

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I usually explore social networking groups specific to the area such as the inHouston LinkedIn group and inHouston social network on Ning if I’m trying to generate leads in the Houston area. This type of group is relatively easy to target and expand beyond based upon member recommendations and suggestions. Work the crowd as if you were in a room.

In addition, I focus on networking groups that include individuals that best fit my franchise candidate profile. From there I drill down to individuals in the local area. Let’s say teachers fit my candidate profile. I would search out networking groups spefic to teachers, education, etc. I may participate in discussion groups to get a feel for the group and to be recognized within the group. There’s always a spin you could use. Next, I seek out members from the specific area I’m targeting and communicate what I’m trying to accomplish. It’s been amazing how many times I’ve wound up with a candidate in California that is willing to jump at an opportunity in Texas. It happens.

I also focus on groups that can provide me with referrals such as insurance agents, realtors, financial planners and attorneys. Again, if you’re proactive within networking groups it’s relatively easy to enlist support and gather information.

Lead generation through online networking takes time and effort no doubt. However, once you’re proactive within the groups, you almost windup with a snowball effect as the leads come in bunches. Some leads start out as simple as posting a thought provoking discussion, some back and forth interaction with a responder and the responder saying,”what is it that you do?” Next thing you know, you’re discussing an opportunity and the door is wide open.

Most times it takes considerably more effort but I’ve found people are networking online and participating in discussion groups for a reason. They’re all looking to expand their business, improve their position, seek out opportunities and make money. It sure beats running an ad in the local paper and waiting for the phone to ring.


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Can Franchise Organizations Benefit From Social Media?

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The following is a reprint of article that appeared in the January 2010 issue of Entrepreneur Magazine.

Franchises Go Social
Can your franchise benefit from social media? Find out how the best franchises used this medium to their advantage.
By Gwen Moran | Entrepreneur Magazine – January 2010

In April 2009, after a buy-one, get-one-free e-mail promotion bumped up his business by 40 percent on a single Tuesday, Zpizza franchisee Michael Blank of Alexandria, Va., decided that he needed to do more digital marketing. As he started to look into social media, he realized that using Facebook and Twitter would give him an opportunity to inform his customers about deals and specials and allow him to begin conversations with them. He persuaded the company’s headquarters to move forward with social networking, and now the Zpizza Facebook page has more than 1,700 fans while his region’s Twitter presence has nearly 600 followers.

Although the return on tweeting coupon codes and sharing specials on Facebook hasn’t reached the 40 percent mark he had experienced earlier, Blank is sure that it will as more people learn about Zpizza’s presence. To get there, he’s working with local mothers to encourage them to blog information about and reviews of the restaurant. “It’s an incredibly cheap way to brand and market yourself,” he says, because most social networking sites and blogs are free.

Franchisees are smart to take advantage of social media, says Paul R. Segreto, founder of FranchisEssentials, a franchise consultancy in Houston. But it has to be done strategically. “What you don’t want to do is sell too hard. It’s like walking into an in-person networking event and saying, ‘Here I am. I sell such and such,’ ” he advises.

Instead, share information that your customers want. It may be specials and price promotions, but it also may be news about product offerings, industry updates or tips that will help them with their lives or businesses. That’s what Mike Heffner, a Greenwood, Ind., Express Employment Professionals franchise owner, does. He capitalizes on the robust corporate website that Express has, which includes information for jobseekers and/or companies seeking employees.

But Heffner wanted to have a place where he could customize content for his local market, so he worked with an intern to build a website that includes area job listings. He also uses Twitter to tweet those listings and finds that his office gets an average of 50 job applications online, with a marked increase when a job listing is tweeted. Heffner is still trying to figure out how to measure the number of individuals he reaches each month through social networking–including a blog he writes about leadership–and his website. But the tracking of customer origins has shown him that 25 percent of job applicants found his franchise through one of its online marketing vehicles.

Express Employment’s communications and social media manager, Tiffany Monhollon, says that marketing via social media is gaining momentum among her franchisees, but it isn’t exactly mainstream yet. She estimates that, of the company’s roughly 600 franchises, no more than a handful are on Facebook, Twitter or LinkedIn. Those who are benefit, she says. One franchisee used LinkedIn’s question-and-answer feature to showcase her expertise on human resources topics and landed a job through the site. “That’s unique in the staffing industry. But she got involved, answered questions and built trust,” Monhollon says.

Tasti D-Lite is another franchise making bold moves in social media. When the company began considering a social networking presence, B.J. Emerson, director of information and social technologies, was surprised to find that one already existed. “Customers were already creating great content on different sites, like Facebook groups for Tasti D-Lite ‘addicts.’ So, it’s just a matter of jumping in and joining those conversations,” he says.

It’s also been a way to seed the market. One of the company’s franchisees launched a Facebook fan page a few months before its launch and scored nearly 600 fans before the franchise even opened its doors, which she says built a great deal of buzz in the market.


Emerson and his team have incorporated social media training into the overall Tasti D-Lite franchise training program. They teach franchisees how to use the vehicles available to them and instruct them in the social media policy, which ensures that franchisees maintain the brand’s message and look.

The Tasti D-Lite Twitter account, which has more than 2,160 followers, poses trivia questions and awards prizes to followers. Franchisees send mobile coupons in text-message format that can be redeemed at specific locations for product discounts.

When FranchisEssentials’ Segreto helps franchises develop social media strategies, he has a few secrets to success:

Diversify your messages. Go ahead and give coupon codes, announce sales or specials and the like. But also give your fans, friends and followers something more. For example, if you own a transmission franchise, you can talk about what’s going on in your franchise, but also sandwich those messages between information about things like National Car Care Month and tips on how to maintain your car and make your transmission last. “Make sure your content has real value for the reader,” he says.

Stay on brand. Social media may be a brave new frontier, but going rogue isn’t a good idea. “You still have a brand to maintain and a franchisor to answer to,” Segreto says. Some larger franchises, such as Tasti D-Lite and Express Employment, actually have managers working in social media. Emerson encourages franchisees to get involved in social media, but to repurpose content that is developed by the company’s headquarters. The social networking policy details how to communicate on the sites, right down to the proper tone to use. “We’ve gotten a good response because there is absolutely zero tolerance for the hard sell in these communities,” he says. By coaching franchisees in how to share deals and information in a way that benefits the customer, they don’t encounter backlash.

Get in the game now. Unfortunately, Segreto says, too few franchisees are devoting the time to learn and use social media. And even those who are have been taking it slow and not aggressively testing new messages or measuring what’s working best. But there are good opportunities for those moving ahead with social media, he says. By developing a presence, your franchise will be able to capture the audience that your competitors are ignoring.


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Social Media and Franchise Sales: Look Ahead Before Jumping in with Both Feet

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As many franchise professionals continue to explore new methods of recruiting franchise candidates, there’s been a great deal of discussion on how to incorporate social media into the mix. Sure, social media could be used to generate franchise leads. And, quite effectively. That, I have no doubt. But, it’s what comes after generating the leads that concerns me more. So, let’s take a look ahead, before jumping in with both feet on the front end.

Just like integrating traditional marketing strategies with social media strategies, it’s necessary to integrate personal interaction as well. However, instead of an aggressive, focused sales approach, the interaction should be subtle and guiding. Social media tools should be used to make points while making the experience enjoyable and interesting. Candidates will most likely marvel at the use of technology and feel comfortable learning about the franchise concept. And yes, they’ll be more comfortable and be fully at ease working through disclosure and the finer points of the concept itself.

The rest comes down to guiding candidates towards making a decision as it will now fully be an informed decision that has been validated by the social media experience AND the franchisees the candidates have come in contact with. Your franchisees will actually feel more a part of the franchise sales process than ever before. Go ahead and smile as this makes the process easier than in the past. Yes, it’ll be very nice to achieve franchise development goals once again.

Fantasy or Reality? Achievable or Not? Easy or Hard? That’s up to you and your team. It comes down to personal accountability, diligent execution of strategy and plan, professional handling of franchise candidates at all times and above all, NO SHORTCUTS!

Personal accountability is necessary in managing and monitoring social media activity, updating blog content and keeping things fresh. Nobody will stay at a dull party, right? Putting off things for tomorrow that should be done today is just not acceptable. It becomes a reflection of how even the simplest things are handled. A lack of urgency and poor attention to detail will translate into how the franchise sales process is handled, and then withered away.

Diligent execution of strategy and plan is essential. Certainly, adjustments will need to be made along the way. But the plan is your road map. Follow it as closely as possible. Allow extra time and resources as necessary for roadblocks and detours, but stay on course. Monitor your progress. How fast did you get from point A to point B? How fast did a candidate get from point A to Point B? Is the process slowing down or speeding up? Why? Do you need to do some system maintenance to the social media vehicle? Maybe your videos aren’t playing correctly? Maybe the photos aren’t loading fast enough? Maybe it’s time to bring in a “technician” so you can get back on the road as quickly as possible?

Professional handling of candidates means working with each candidate as you would want to be treated if you were the one on the verge of making a substantial investment, maybe putting your life savings on the line! It means conveying a sense of urgency when asked for information. It means paying attention to detail in something as simple as pronouncing their name correctly all the way to something complex such as full disclosure of the franchise concept. And, it means having the right attitude and conveying the same at every moment of working with the candidate at every point of “contact” including by email, on the phone, in-person, and yes, in the virtual world. Keep in mind, at all points of contact, your attitude will shine through so make sure it shines bright and your franchise future will shine bright as well!


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Franchise Sales & Development Challenges [Revisited]

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This was originally posted in March 2010. However, based upon recent discussions on LinkedIn regarding franchise sales, I feel it’s prudent to post this once again.

I believe last year was the perfect storm with respect to challenges the franchise industry faced in its franchise sales and development efforts. There were three key components that equally contributed to lackluster performance. One was a “cause”. Another was “uncertainty” and the other was “unknown.”

The “cause” was the abrupt cessation of funding. Even franchise sales that were actually made fell by the wayside when financing options dried up almost overnight. It also curtailed many existing franchisees’ efforts into expanding their portfolios with new locations and compounded the problem by having to tap their capital reserves to offset the decline in sales.

The “uncertainty” was the indecisiveness of franchise candidates on whether it was the right time to take the entrepreneurial plunge or not. Many were exploring franchising as a career alternative, and out of necessity, but were unwilling to “put it all on the line.” The risk factor won out and was justified, maybe rationalized, by the tight credit markets.

The “unknown” was social media. As today’s franchise candidates quickly evolved into more sophisticated, technologically advanced and educated candidates, most franchise organizations weren’t prepared for the influx of these individuals within social media networks, exploring opportunities differently than ever before. Thus, the franchise candidates that may have been qualified and well-informed were missed in many cases and either chose a different career path or are actually still searching social media sites for the information that will lead them to the right opportunity.

Now, as the public is seeing some positive trends, like gradual decline in new unemployment claims, we should begin to see more and more individuals searching for information about career alternatives. I believe many will continue to visit social media sites, participating in discussions and sharing information. All the while, they’ll be more cautious than ever, and will insist upon absolute trust in the individuals presenting the information, and the information itself, before taking the entrepreneurial plunge.

Social media is ripe for today’s candidate to explore, identify and act upon a franchise opportunity. Franchisors are highly advised to capitalize on social media and be sure to integrate the same with their traditional franchise marketing and development strategies because social media is here to stay and is truly effective at creating and/or improving brand awareness.


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Utilizing Social Media for Franchise Success

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I believe anything a franchisor does should be done to benefit the franchise relationship, and social media plays perfectly into this philosophy as it affords interactivity at all stages of the franchise relationship. From prospecting for qualified franchise candidates to supporting current franchisees, the utilization of social media tools and technology creates environments that strengthen relationships, shares information, provides two-way communications, and provides points of reference for follow up. It creates a multi-tiered platform of information that benefits both franchise development and customer generation efforts alike. Often, simultaneously.

For franchise startups, the founder’s vision of the concept is paramount to future success. They are perceived as the concept. They are essentially the brand. At least until a significant number of franchises are awarded and brand awareness is established across multiple markets, they are the inspiration for franchise candidates. The benefit to spreading this message through social media outlets such as social networking, video sharing, blogs, etc. is that these tools and associated strategies will generate direct excitement about the business model while generating subliminal, subtle interest in the franchise concept. This establishes a perfect foundation for growth. It also defines a very worthwhile, visible support mechanism for franchisees. Of course, it’s imperative to have a well-defined support system in place for training and assisting franchisees.

For established franchise brands, it’s a matter of improving brand awareness in current markets while creating brand awareness in new markets, and markets that are on the horizon for expansion. Again, as with startup franchise concepts, the interactivity created by social media makes it a viable option in driving customers to franchise locations and generating interest in the franchise concept. But, what’s important in a mature system, and a complement to its franchise development efforts, is the improvement of communications throughout the franchise system that is created by social media activity and ultimately lends itself to validation of the franchise concept by the franchisees. For once, franchisees are feeling part of the franchise development process as it’s visible in the organization’s social media efforts. Something that many franchisees have not been a part of in the past.


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Integrated Franchise Marketing For Franchise Success At All Levels

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Integrated Franchise Marketing (IFM) is a term we use at franchisEssentials to describe a comprehensive approach to achieving multiple goals and objectives within start-up, emerging and mature franchise organizations. IFM directs its focus on creating or improving brand awareness for the franchise organization at local, regional and national levels, driving revenue for franchisees, and generating genuine interest in the franchise concept itself.

The key to IFM is the development of a comprehensive marketing strategy that benefits the entire franchise organization, and is in line with the goals and objectives of all parties to the franchise agreement. It includes coordination at all levels to deliver concise, consistent messages that ultimately ensures positive results at franchisee and franchisor levels including:

Franchisee Level

* Local brand awareness
* Increased sales
* Improved communications with corporate office
* Improved communications with fellow franchisees
* Improved profitability
* Increased business value

Franchisor Level

* Regional & National brand awareness
* Increased royalty revenue
* Improved communications with franchisees
* Improved franchisee validation
* Increased interest in franchise concept
* Improved profitability

IFM works within traditional marketing methods and processes through and in conjunction with a very wide spectrum of non-traditional marketing and today’s unique, innovative tools and technology including the many aspects of social media, mobile, and email marketing. In addition, IFM encourages a cohesive, team effort at all levels of the franchise organization through information sharing and process awareness, enhanced by a solid educational approach.

As we are at the halfway point in 2010, and understanding that making things happen in the third quarter is crucial to overall success for the year, there’s no time like the present to develop and implement a plan that will help all within your franchise organization achieve their goals and objectives.

For more information about utilizing Integrated Franchise Marketing (IFM) within your franchise organization please contact Paul Segreto by email or by phone at 832.838.4822.


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Discounted Franchise Fees: Is it a Good Idea?

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The following article was written by franchisEssentials Guest Author, Joe Caruso. Joe is a respected franchise veteran with 19 years of extensive franchise management and development experience, spending the better part of his career in C-level positions, most recently as Chief Development Officer at Kidde Academy. He is quite active in franchise circles and frequently participates in LinkedIn franchise group discussions and at many franchise-related events from Washington D.C. to Philadelphia. Joe routinely shares his perspective and insight that has proven beneficial to several franchisEssentials startup and emerging franchise clients. We look forward to his continued participation and contributions.

Franchise Fee Giveaways!

Of course you’ve heard about the recent franchise fee giveaways that some franchisors have publicly announced. Is it a good idea? Does it diminish the brand to prospective franchisees? What does it mean to existing franchisees that invested at full price?

Certainly not charging a franchise fee might seem like an attractive offer to prospective franchisees. And franchisors that usually take this approach argue – “we make our money from royalties not franchise fees”. While that belief might rationalize the decision to forgo upfront fees it doesn’t sufficiently address the realities of franchise recruitment and the relative expenses. A franchisor might make “its money” from royalties, but it pays for selling costs, lead generation marketing, legal compliance and development sales/support personnel typically from upfront franchise fees.

Logic of forgoing upfront fees escapes me. It seems to me if your cost per sale is for example $15K, your franchise fee is $30K and you want to sell more franchises you could instead of giving away your upfront franchise fee you might invest more money in your franchise recruitment marketing budget?

What are your thoughts?


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Local Business Listing, Search Engine Rankings and Mobile Devices

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The following article has been submitted by Guest Author, Melih (“may-lee”) Oztalay. Melih is CEO of SmartFinds Internet Marketing, an internet marketing company known for developing very creative marketing strategies. Before starting SmartFinds, Melih ran one of the Detroit Metropolitan area’s premiere Internet Service Providers (ISP), SpeedLink, from the early 1990’s where he served for nearly a decade as President and CEO. In the new century he has pursued taking the creative and marketing services from his experience in the 1990’s to businesses via SmartFinds Internet Marketing. franchisEssentials is honored to have Melih as one of its Guest Authors.

local-listingLocal Business Listing, Search Engine Rankings and Mobile Devices
by Melih Oztalay, CEO at SmartFinds Internet Marketing

There has been an ongoing difficulty for small local businesses to benefit from the Internet. Particularly if they are completely dependent upon the local market. Yes, those businesses still do exist and will continue to exist. As technology has been developing, there is an answer for the local business. It comes in the form of the major search engines having free local listings.

What Are Business Local Listings? In summary this is your free yellow page listings by Google, Yahoo and Microsoft. Do you still need to advertise with the Yellow Pages? This need is definitely dwindling. The upcoming generations are using the Internet and their mobile phones. Most probably are not familiar with the hard copy yellow pages. Baby-Boomers are a growing group of mobile device users…and certainly EVERYONE is using the Internet.

Why Use the Local Business Listings? There are a number of reasons why the Internet local business listings are important to the local business.

1. Listings can show up in search results
2. Helps advertise business for free
3. Helps promote any discounts, offers, promotions
4. Displays on Mobile maps (e.g. iPhone)

The benefits help to increase your exposure through the Internet with this free listing. It can help you reduce your yellow page costs and makes sure you can get in front of your customers when they need you through the Internet or their mobile devices as they are around town.

Additionally these local listings help give you the opportunity to get more information in front of your customers than the yellow pages can ever offer. This would include your menus, your products, services, photos, videos, coupons, offers, promotions to mention a few.

Did we mention this was a free listing? Did we also mention you can update this listing anytime you want? And, lastly, you get statistics about your statistics. Now we’re confident the yellow pages cannot provide statistics. The benefits far outweigh the costs from the hard copy yellow pages.

Do you need your own website? No. Would it benefit you? Possibly, but dependent upon your business. Your free local business listing could be your website. The reason for having your own website would be because the free local business listing is not allowing you to add everything a customer may wish to see.

Like everything else on the Internet, it is best to work with a professional firm that can help get this setup for you. You have to be sure to have the right keywords for your business, along with knowing how to get the listing up to date so it benefits with immediately. Once the local business listing has been updated you can either maintain the information yourself or continue having a low cost monthly fee to have it maintained and monitored for you.

Monitoring your listing is very important as customers have the ability to post reviews about your products, services and business. Of course their ability to review you are not limited to the local business listing and include everything from Angie’s List to Complaint Boards on the web. While this may sound like a negative, you can turn customers with problems and complaints to long term relationship. You have to address their concerns and have them reach out to you instead of the Internet with their emotional frustrations.

Whether you are a single store, have multiple locations, are a franchise or a bank with multiple branches, you will want to learn more about local business listings. Learn more about Local Business Listings and submitting them to the search engines and other local related business websites and directories at SmartFinds Local Business Listings.


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[E-IDEA] Five Steps to Social Media Success

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Over the past two months, I have presented in several webinar series and have spoken to various groups about using social media within franchise organizations. Specifically, about [E-IDEA] that was originally posted on LinkedIn and on this site in June 2009. As I’ll be completing the Frantelligence Webinar Series with Franchise Business Review this coming week, I thought it appropriate to repost the original [E-IDEA] article.

[E-IDEA] Five Steps to Social Media Success

I recently responded to a LinkedIn discussion post on one of the franchise groups. The discussion was “What do you see as the biggest challenge this year in franchise sales and development growth?” I thought this the perfect opportunity to present my five steps to social media success and responded accordingly.

The biggest challenge will be to capitalize on the influx of interest generated through social media.

As today’s franchise candidate has become more sophisticated, educated and technologically advanced than ever before, many will spend a great deal of time within social media, exploring franchise opportunities.

To effectively capitalize on this interest, franchisors will need to embrace social media as an integral component of their overall franchise marketing and development strategy, and integrate the same with traditional strategies. A firm commitment of time, money and other resources must be dedicated to the initiative.

ideaOh, don’t think it would work by having someone play around with Facebook or Twitter without a strategy in place. That definitely won’t work. Instead, it’s going to take a concentrated focus, or as I fondly describe as [E-IDEA], the acronym for franchisEssentials five step process to social media success.

1. Exploring different aspects of Social Media, including Social Networking and key Web 2.0 technology that creates excitement and brand awareness within your industry segment.
2. Identifying primary and secondary targets – Who will be targeted to purchase and/or visit your franchise locations? How deep do the target groups go and are there collateral groups that can be tapped?
3. Developing a Strategy and Plan of Action – Customized to specific targets in accordance with franchise development goals and objectives?
4. Executing the Plan – Putting the plan in motion including monitoring, managing the process including new content and updates. Keep it fresh!
5. Analyzing & Quantifying the Results – Is it working? Do you continue straight ahead or repeat the process from the beginning? What are actual results in franchise sales and system revenue?