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From the Print Edition

  • News From Citizens Business Bank
    May 24, 2011

    CitizensTrust Receives Recognition in Los Angeles Magazine 2011 Five Star Wealth Managers Publication CVB Financial Corp. is proud to announce that Sean Kraus, Charted Financial Analyst from CitizensT …

  • Farmers & Merchants Bank Donates $11,000 to Long Beach Neighborhood Association
    May 24, 2011

    Farmers & Merchants Bank, serving the South Bay communities with locations in Torrance and Palos Verdes, recently donated $11,000 to the Willmore City Heritage Association (WCHA) in early February …

  • Banking on the South Bay
    May 24, 2011

    Classic Wisdom Prevails for Local Bankers By David Whitehead and Brian Simon The last time Business Insider Magazine chatted with executives from several small- to medium-sized financial institutions …

  • My Business is Worth What?
    May 24, 2011

    California Association of Business Brokers says know the value of your business Sacramento, CA — The California Association of Business Brokers (CABB- a non profit trade organization) says if you are …

  • The “Profits of Doom” Deliver Hope
    May 24, 2011

    Contrarian Economists By David Whitehead Economist Nouriel Roubini was dubbed the “prophet of doom” when he tried to warn the financial community they were building a house of cards with the Real Esta …

Management Insider

  • My Business is Worth What?
    May 24, 2011

    California Association of Business Brokers says know the value of your business Sacramento, CA — The California Association of Business Brokers (CABB- a non profit trade organization) says if you are …

  • Cutting Edge Strategic Planning For Small Business Survival
    November 29, 2009

    STRATEGIC PLANNING Large companies place resources and focus on strategic planning at least once a year. Small businesses seldom complete a strategic plan. Yet in every way, planning is just as impo …

  • CalChamber Goes to Court to Protect Businesses from Additional Wage-and-Hour Lawsuits
    November 20, 2009

    (The California Chamber of Commerce) The California Chamber of Commerce is urging the 9th Circuit Court of Appeal to reverse a district court ruling that could result in numerous more wage-and-hour la …

  • Ten Questions with Jeffrey Pfeffer
    November 12, 2009

    (How to Change the World) Jeffrey Pfeffer is the Thomas D. Dee II Professor of Organizational Behavior at the Graduate School of Business, Stanford University. He is the author or co-author of twelve …

  • 3 Things that Stop Sales
    November 6, 2009

    How comfortable are you in asking people to become a paying client? Once you know what’s getting in your way, it will be easier to overcome these issues. By Kaya Singer (BizNik) If you own a sm …

Marketing and Sales Insider

  • The Secret to Making Your Brand Truly Great
    November 20, 2009

    By Dan Huston Although many business leaders are obsessed with the concept of branding, few really understand what it means to develop a successful brand. Here’s what it really takes. (Biznik) H …

  • Your New Economy Customer
    November 13, 2009

    Recession Springboarding! By Tommy Jaye Positioning your business for the economic recovery starts now! It’s no longer “business as usual.” Small business owners and entrepreneurs …

  • Understanding the Buzz Around Social Media
    November 12, 2009

    Finding the Right Social Media Mix By Baltej Gill You might have heard that social media can help build your brand, promote your product and services, help collect feedback from your customers, incre …

  • 3 Things that Stop Sales
    November 6, 2009

    How comfortable are you in asking people to become a paying client? Once you know what’s getting in your way, it will be easier to overcome these issues. By Kaya Singer (BizNik) If you own a sm …

  • Stage Your Business to Sell
    November 4, 2009

    (Sacramento) – Before you put your business on the market to sell, be sure you are prepared so you can get the best price possible. The California Association of Business Brokers (CABB – a non-profit …

Legal Insider

  • RB Chamber Helps Stop Anti-Job Proposal
    November 4, 2009

    AB 793 and AB 943, two harmful legislative proposals that would have put businesses in Redondo Beach, were defeated in October when the Governor vetoed both pieces of legislation. The Cham …

  • 7 Simple Ways to Law-Proof Your Business
    October 27, 2009

    By Kurt Andrew Schlichter, Esq. The article appeared in Business Insider Magazine’s first issue of 2009 While the economic downturn will increase most businesses’ exposure to legal problems, it …

  • Protect Yourself When Making Written Offers
    October 20, 2009

    By DeAnn Flores Chase Attorney at Law There are many reasons why a business owner should have legal counsel when starting a business.  The following is an example based on a true story:An owner of re …

  • 7 Steps to Surviving a Lawsuit
    October 6, 2009

    By Kurt Schlichter, Esq, Attorney at Law This article appeared in Business Insider Magazine in the second issue of 2009 As the economy worsens, more businesspeople find themselves being sued.  Ge …

Human Resources Insider

  • Truer U.S. unemployment rate is 17.5%
    November 6, 2009
    (The Ticker – The Washington Post) Each month, as regular readers know, I like to unpack the new unemployment number and get behind the data. The news this month continues to be grim. Indeed, it …

  • Workplace Poster Needs Updating
    November 6, 2009
    Required Updates Due to EEOC Notice Change (The California Chamber of Commerce) A new mandatory change to the Equal Employment Opportunity Commission (EEOC) notice in the Employment Notices Poster mus …

  • House Democrats Prepare For Close Healthcare Vote
    November 5, 2009
    WASHINGTON (Reuters – The New York Times) – Democratic leaders in the U.S. House of Representatives hustled on Thursday to count votes and round up support for a sweeping healthcare overha …

  • Health Plan “Hurts More Than Helps”
    November 5, 2009
    (Long Beach Area Chamber of Commerce)  Consider the plight of the hard-working employee who’s earned the right to obtain benefits from their employer after years of loyal service – a coverage plan tha …

  • CalChamber Partners to Train Employees
    November 4, 2009
    CalChamber Keeps California Companies Competitive; New Partnership With ETP Will Facilitate Training for Thousands of Employees Statewide The California Chamber of Commerce and the Employment Training …

Real Estate Insider

  • Regulatory Roshambo
    May 23, 2011

    Overreaction Creates Absurdity in Mortgage Lending By Ken Roberts How many times do we have to hear about how the pendulum had swung too far in the “loose lending” direction and now is moving too far …

  • Mortgage Holders Rent Back Their Homes
    November 5, 2009

    Fannie Mae: “Deed For Lease” Program Will Let Thousands Rent Out Homes To Avoid Foreclosure By Alan Zibel (Associate Press – The Huffington Post) Thousands of borrowers on the verge …

  • Goldman’s new role: taking away people’s homes
    November 2, 2009

    By Greg Gordon (McClatchy Newspapers) SAN JOSE, Calif. — When California wildfires ruined their jewelry business, Tony Becker and his wife fell months behind on their mortgage payments and experienced …

  • Wilbur Ross: ‘Huge’ Commercial Real Estate Crash
    October 30, 2009

    (Bloomberg) Billionaire investor Wilbur L. Ross Jr., said today the U.S. is in the beginning of a “huge crash in commercial real estate.” “All of the components of real estate value are going in the …

  • New home sales fall 3.6%
    October 28, 2009

    (Associated Press – Los Angeles Times) WASHINGTON – Sales of new homes dropped unexpectedly last month as the effects of a soon-to-expire tax credit for first-time owners started to wane. …

American Residential Real Estate

Top 5 Social Media Myths

The Goal Is To Find The Right Social Media Mix For Your Internet Marketing/Advertising Campaign

The Goal Is To Find The Right Social Media Mix For Your Internet Marketing/Advertising Campaign

By Gregg Towsley

This article is from the latest edition of the Inside Edge – your monthly report on Internet trends and advancements that can turn your business into a more profitable business!

“Sites Like Facebook and Twitter Are For Kids”

Fear: Businesses have a difficult time grasping the concept that the same network their children use to gossip to their friends about the party they went to over the weekend is the same channel that is going to connect businesses with their customers.

Fact: Yes, it is true that there are a lot of teenagers and college students that are on social networking sites. However the fastest growing demographics on Facebook are those 35 years and older (Facebook). On Twitter, 45 to 54 year olds make up the highest indexing age group. So, social media is not just for kids, but a way for organizations to reach out and connect with the right people to grow their business.

Free Whitepaper


“Building Online Relationships Is A Waste of Time”

Fear: There is no point of networking with people you are never going to meet. It is simply a waste of time as it will not drive me any more business.

Fact: This is far from true – social media has opened the doors where it is possible to network with your customers, clients, prospects at ease. Not all of them are going to turn into customers, but that does not mean you cannot collect valuable feedback on your product or service. In addition, building your online fan base is another way for you to promote your products and services and help keep people informed about what is happening in your organization. There is no such thing as time being wasted when it comes to networking with your target audience.

“You Cannot Measure Social Media”

Fear: It is not possible to measure an ROI on social media.

Fact: The very fact that social media is Internet based means it can be measured. When it comes to measuring social, there are typically different Key Performance Indicators (KPIs) businesses look at when determining ROI. For example, the goal of your website may be to measure the number of completed downloads, the number of items added to the shopping cart, or the number of newsletter sign-ups you receive. However, on your social media campaign, you might look at the number of fans that increased over time, the number of comments posted on your channel, the number of discussion threads on your forum, or the number of ratings your video received. All these Key Performance Indicators can be measured and analyzed to determine if the campaign was indeed successful.

There are several tools available that allow you to measure the traffic you receive from social sites and analytic software such as Google Analytics can be used to determine which social sites brought the most conversions for your product / service. So yes, considering all this, social media can be measured.

“Social Media Is Free”

Fear: I can create my own YouTube channel, or LinkedIn page, or Twitter account. There is no cost for me to set up my network on those portals, so why am I being told it is going to cost me money to implement a social media campaign?

Fact: A lot of the technology is free, but simply creating an account on Facebook or registering your product name on Twitter is not a social media campaign. You need to ask yourself:

  • How do I increase the number of fans I have on my Facebook page?
  • How do I get users to subscribe to my YouTube channel?
  • How do I get people to retweet my message to their followers on Twitter?
  • How do I get users to subscribe to my blog?

You still need the campaign, the creative, and the drive to get your social media plan working for you.

“This is Something I Can Probably Do In-House”

Fear: We have employees that use social networking sites on a regular basis, and they are familiar with the technology, so why not use them to grow our business online?

Fact: In most cases, employees are using social media for personal reasons, and use it to connect with their friends, share photos, and find out what’s happening and where. But when it comes to leveraging and monetizing social media for business purposes, it is a completely different ball game. This is where creativity, campaign ideas, and of course experience is key, and organizations need to turn to the experts in this field to help them put that plan in place. There is no pre-defined process for social media. Depending on your target audience and your product or service, the networks you participate in, the message you decide to deliver and the way you deliver it are crucial to the success of the overall campaign.

Gregg Towsley is the CEO of WSI Quality Solutions in Manhattan Beach. You contact Gregg at 310-909-8835 or visit his website at www.WSIQualitySolutions.com to learn more about search engine marketing and internet advertising.

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