I was reading an article by Willa Plank from The Wall Street Journal that I would like to share about Social Media Expectations.

Willa Plank writes:  Don’t expect instant sales, but make sure to get actual results. Social media is more about brand outreach. Make sure you have a reasonable goal and a well-thought out strategy to achieve that end. First, listen to what is being said about your business and competitors on Google alerts, RSS queries, Twitter, Yelp and BackType. Make sure you have your profile account names on all print communications you distribute, such as flyers and menus. Identify your biggest fans, and figure out how to organize them or point them out in some way. For example: On Twitter, if you know a person is a loyal customer, mention them in a post or announce a free service or product they’ve won for loyalty. Or reach out to other bloggers in your industry. Sarah Endline, founder of dark chocolate treat maker Sweetriot in New York, said she connected with blog site Hungry Girl and that lead to getting her company’s name out and sales.

Don’t forget social media is a tool to strengthen offline relationships. Many small businesses already have personal ties to customers in their communities, and these tools are designed to enhance those relationships, not replace them. For instance, you can use social-media tools such as YouTube to give customers a behind-the-scenes glimpse of your company, or display more of your personality than you can through an ad. “It also allows you to show your culture,” Endline says. “They’re not just there to [see] a static promotion from you. They want value.” And remember, a social network is “really a big room of people,” author Schaffer says. Use it to “meet” potential clients or business partners, but make sure you follow up with an in-person meeting or phone conversation.

Kim States with Inside Tuscan Business wrote that  small businesses are shifting their marketing strategy away from expensive ad buys and are increasingly looking toward social media engagement as the less expensive alternative this year.

According to a recent survey by VerticalResponse Inc., 70 percent of small to medium-sized businesses plan to increase their use of social media in 2010. At the same time, 79 percent say they will not run television ads and 70 percent say they will not make radio buys.

There’s no question that adopting a comprehensive social media strategy can be an inexpensive and effective way to improve customer relations and spread the word about your business. But (more…)