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LinkedIn

3 Must-Ask Questions Before You Go Online

by Daria Steigman on March 4, 2010

Should you be on LinkedIn? PlaxoBizSugar or Open Forum? While it’s easy to be online, the vast array of options can leave even the social-media-savviest business person overwhelmed. At last check, my AddThis button linked to over 230 separate platforms/sites.

Because time is a finite resource and we can’t be everywhere, I recommend applying a simple three-pronged business test for social presence:

  • Will it help me be found?
  • Will it help me connect with my audience?
  • Will it help me identify new business?

I explore these questions in some detail in a new IABC CW Bulletin article, Bringing Social Media to Your Business. Check it out and let me know what you think.

Photo by jenny downing (Flickr).

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6 Sources of Killer Competitive Business Intelligence

by Daria Steigman on February 16, 2010

What should we do with all the data? It’s a question I have been asking a lot; good solutions—not so many. So imagine my excitement when someone finally answered the question of how we can use the huge (and growing) volume of competitive business intelligence.

In a recent Marketing Profs webinar, Sean Campbell of Cascade Insights offered some terrific tools and great advice for putting the data to work for you in the business-to-business world. Here are six places to get started:

  1. LinkedIn isn’t just about people profiles, it’s also about company data. Campbell noted that company profiles are a great way to glean insights on the movement of people in and out of companies, including job openings, new hires, and recent promotions.
  2. Read job listings to see what qualifications a company’s seeking and/or hints into new initiatives. Online CVs also provide a glimpse into what people’s job responsibilities entail—and what their company is focused on.
  3. Silobreaker is a search engine that includes a clickable map of a company’s network–a great tool for visual searchers. It also pulls up added value data. (Search for Pepsi for example, and you’ll also get links to CEO Indra Nooyi and a quote from her.)
  4. People post all kinds of data on SlideShare, including presentations from invitation-only meetings that often contain corporate roadmaps. Campbell noted that SlideShare is also a good place to identify subject matter experts.
  5. Use Worldle for reverse mining. Plug in an RSS feed or a Web site and the word cloud will give you a quick look at what a company or a community is talking about.
  6. Seeking Alpha posts transcripts from earnings calls, including the Q&A with analysts and reporters that follows the on-message presentation.

Clearly, no one source will be your holy grail. But hopefully a strategy that merges data from multiple sources will help you to connect the pieces.

What are your favorite tools and sites for data collection?

Photo by Richard Summers (Flickr).

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5 Tips to Jumpstart Your Business in 2010

by Daria Steigman on December 19, 2009

In this age of instant everything, planning seems to be getting a bad rap. But make no mistake: planning matters. Here are my five tips for jumpstarting your business in 2010:

  1. Assess your financial health. Before you can set goals for the new year, it is useful to understand how your business fared in 2009. We all know our bottom line numbers, but how did you get there? What’s your ideal income stream (types of projects, mix of clients, and so forth), and did you achieve it? If not, why not?
  2. Review your current client list. You know who they are, but do you like them? I’m lucky enough to work with clients I like–or maybe it’s because I’m unwilling to deal with the ones whose business practices don’t mesh with my own. If your clients are giving you headaches, it is worth considering whether your time might be better spent doing business development.
  3. Develop a 2010 strategy. Once you have a picture of how your business fared last year and why, it’s time to set goals for 2010. Even if everything is going well, “keep doing what I’m doing” isn’t a good goal because it neither defines what you’re doing or why it’s working. My top goals are around business development, client services, and community. What are yours?
  4. Reconnect with contacts. The new year is also a great time to reconnect with friends, business acquaintances, and other people in your business card stack, LinkedIn network, and Outlook or gmail contacts list. If you’ve followed my earlier advice, then you’re already top of mind; now it’s time to follow up.
  5. Implement your plan. This seems obvious, but it’s also the hard part. The business of running a business is hard work, but hopefully these five steps will put you on the path to 2010 success.

Do these tips resonate with you? What would you add?

Photo by hyku. (Flickr).

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An Ode to Writing Rules

by Daria Steigman on December 9, 2009

I’ve been on a rulemaking binge lately, and I’m loving it. And you just might be surprised how a few little rules can simplify your business life.

I’m talking about Outlook Rules. While lots of people have Inbox Zero goals, that doesn’t work for me. But having 150 random items piling up isn’t helpful either. So recently I got serious and created a Subscriptions sub-folder in my inbox. I then built rules to move every SmartBrief, Financial Times, MarketingProfs, LinkedIn, Groupon, Sporting News, and other subscription automatically out of my inbox and into that new folder. Now the mail I need stays at the top, and the rest is there to dig in or delete when I’m ready.

Sometimes you just have to have a few rules. What rules have you create to improve your productivity?

Photo by Entressen kirjasto (Flickr).

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Is LinkedIn Getting Old?

by Daria Steigman on November 11, 2009

LinkedIn tweet

There’s been a lot of discussion about the new “chocolate and peanut butter” pact that enables cross-posting between Twitter and LinkedIn. My reading of LinkedIn’s description of the new functionality is that people will have the option to selectively cross-post tweets to their status update.

I offered my thoughts here, here, and here, so I won’t stay more on this now. But there is a bigger question: What’s LinkedIn doing?

The new Twitter-LinkedIn arrangement has Twitter’s fingerprints all over it (extending to LinkedIn a service that’s already available to Facebook and MySpace users). LinkedIn hasn’t even tried to explain how this might be of use to its users–just how to use it.

LinkedIn is six years old, and the site looks it. You can’t even customize a font right now. Rather than focusing on add-on features, the company would do well to look at its core usability and the customer experience. Sure, they don’t have a lot of competition right now–but would you want to bet your business on the market environment maintaining the status quo?

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