The Value of a Like on Facebook

The owner of Welborn Social Media and the founder of The Tutoring Solution.My goal is to help business owners share the passion they have for their business with as many potential customers as possible.By helping passionate people achieve their dreams I am helping to create a society of passionate leaders that will help inspire others to make their dreams a reality.

The most common question I get from businesses is:  What is the Return on Investment (ROI) of Social Media?  Although ROI is difficult to calculate, there are numerous studies that demonstrate the value Social Media can bring to any company.

The Value of a Facebook “Like”

While perusing my LinkedIn account I came across an article titled, “The Value of a Facebook Fan.”  According to the article, SocialCode, an agency owned by the Washington Post Company “looked at 50 brands and more than 5 million Facebook ads over a five-month period earlier this year.”

What they discovered was:

  • Facebook fans are 547 percent more likely to perform a desirable act than non-fans.
  • Facebook fans are 291 percent more likely to engage with brand than non-fans.
  • Facebook fans make actual purchases at a rate of 7 percent, while non-fans make purchases at a rate of 2 percent.
  • The difference in cost per acquisition* between fans and non-fans is $9.56.
  • For fans making a purchase, the fan cost per acquisition is $14.88 compared to $43.86 for a non-fan.

The overall impact of Social Media undoubtedly benefits your business more substantially and for less cost than other forms of marketing and advertising.  The study by SocialCode is just one example of the thousands that can be found online indicating the benefits Social Media can bring to any business.

Sign up for a free, personalized consultation with Welborn Social Media owner, Zeb Welborn to discuss how we can improve your Social Media presence, meet more customers and enhance the relationship you have with current customers.

(909) 973 -9089

*Cost per Acquisition means how much it costs to convert a sale incorporating all marketing and advertising used to attract clients to a product.

How Will Blogging Help My Business? | 5 Key Benefits Blogging Brings to Any Company

The owner of Welborn Social Media and the founder of The Tutoring Solution.My goal is to help business owners share the passion they have for their business with as many potential customers as possible.By helping passionate people achieve their dreams I am helping to create a society of passionate leaders that will help inspire others to make their dreams a reality.

Last week, I had a phone conversation with Mary McPadden, owner of Balanced Billing in Phoenix, Arizona.  I met Mary at the 2011 Business Growth Expo (Tempe, AZ). At the event, she said she knew she needed to start blogging, but did not understand how devel0ping a blog could help her company.  Many business owners I have encountered feel the same way.  Everyone tells them they need to start blogging, but many do not understand the benefits a blog can bring to their business.

When I started The Tutoring Solution in 2010, I needed to find new ways to make people aware of my business.  I made the commitment to build a website, once it was online I found that people were not visiting my site like I had hoped.  I began looking for new ways to promote my business, but didn’t have a lot of money to do so.  This is when I discovered blogging.

Blogging has had an immense impact on my business . . . not only in attracting more customers, but also by helping me develop a better understanding of the needs of my customers.

  • Google (Search Engine) Results

A blog is the most efficient way to drive new traffic to your website using Search Engine (Google) results.  When a person uses Google, they are looking for something specific that they want.  If you are offering the product or service they want, it’s extremely important to be ranked highly on the Google Search Engine.

Google Search Results are separated into two different categories, paid results and organic results.  Organic results are more effective than paid results in attracting visitors to your website.  When a person looks up something on Google, the organic search results that Google comes up with are the websites Google feels are the closest match for what the person is looking for.  Being ranked #1 on Google is a sure-fire way to bring new business to your website.

Blogging also allow users to find your website through a variety of different keyword searches.  I started The Tutoring Solution website in June, 2010.  Since that time, people have found my website using 2,111 different keyword searches on Google.  Every blog article written generates new keywords people can type in to find your business and increases the chances your business will reach the first page of Google Search Results.

  • Content for Social Media Websites

Another question we are frequently asked is, “What should I post on my Facebook/Twitter/LinkedIn/Google+ Pages?”  A blog should be the backbone of any Social Media campaign because it is an excellent way to generate content for your Social Media pages.  The more engaging your blog posts, the more likely people will interact with your Social Media pages. It makes it easier to increase followers on each one of your Social Media websites.

  •   Strengthens Your Website

When we began working for System 1 in Chino Hills, they had a fairly nice website setup which provided the basics for its customers including the types of services they provide and relevant contact information.  Though they are an amazing company with a rich tradition here in Southern California, the lack of information on their website has hindered their success.  The implementation of a blog has enhanced their online presence. Customers visiting their website have more information at their fingertips when making a purchasing decision.

Countless customers have decided to get their tutoring with The Tutoring Solution as a result of our blog.  I can’t tell you how many times a parent has chosen us because they related to the information we were putting out on our blog.  Providing useful tips and information to your current and potential customers is a great way to establish a relationship and increase sales.

In today’s world, customers want to know the company they are doing business with.  The more information you have available on your website, the more likely your messages will resonate with your potential customers.

  • Helping Instead of Selling

Before I started the blog for The Tutoring Solution, I received quite a few calls from customers who were interested in the product, who wanted more information and were trying to feel me and my company out.  My website suffered from not providing enough information to my customers.  As a result, I had to try to “Sell” my tutoring services to potential customers over the phone.  Almost every one of these conversations ended the same way . . . “Let me talk it over with so and so . . .”  I never heard from these people again.

The implementation of a blog had a drastic impact on the type of phone calls I received.  Instead of feeling the need to “Sell” my products, the callers were already sold and the only real question I received was how soon they could start and how I could help them.

When I first started The Tutoring Solution I charged $15 to $20 per hour, highly undervaluing my services and still parents asked for lower rates.  I decided to create my blog to establish myself as the tutoring expert. I now charge between $35 to $50 per hour and no longer receive any questions regarding my pricing.  My blog helped solidify me as the tutoring expert to customers who chose The Tutoring Solution over other companies in my area.

Every business sets out with the goal to help others, but many times we feel like we have to “Sell” our products to unwilling participants.  Developing a blog allowed me to stop ‘selling’ my services, and instead, let me enjoy providing a helpful service to my community.  Many parents have told me that because of my blog, they were are already sold before they picked up the phone.

  • Increases Your Understanding of the Needs of Your Customers

Mary McFadden from Balanced Billing is a potential customer for Welborn Social Media who expressed a legitimate concern . . .  How will blogging help my business?  For me, it’s obvious, but when she asked me that question I found it hard to articulate my answer.  By blogging, I am able to solidify, in my mind, the value and benefits I am providing to my customers.  By answering real questions from customers and potential customers and using blogs to answer those questions I develop a stronger understanding of the needs of my customer.  And my customers realize Welborn Social Media cares about their concerns and knows we will put forth the work to make sure their needs are met.

Every customer has needs. They have their own concerns regarding any service or product they purchase.  Blogging gives a company the opportunity to relate to their customers, to address any issues that arise, and alter their products and services to better meet the needs of their customers.  When a company puts the needs of the customer first, they will see financial benefits as a result.

*If you have questions regarding implementing a blog for your website, please contact Zeb Welborn at (909) 973 – 9089 or Zeb@WelbornSocialMedia.com.