Social Media Best Practices – The Q&A Conundrum

December 16, 2009

Do online question-and-answer (Q&A) forums like Yahoo! Answers, LinkedIn Answers, Answers.com – or the recently launched Business.com Answers – offer a significant opportunity to better engage with prospects and customers, generate leads and drive revenue? Yes, they do, but success depends on following social media best practices.

Q&A forums should provide an excellent place for people with specific questions to connect with experts or others who have direct experience in that area. For example, participants in our recent Business Social Media Benchmarking Study described the benefits of Q&A forums this way:

“I was trying to fix something with one of my products for weeks. I searched Google for hours looking for an answer. I finally broke down and asked the question on a forum site that I use. Within a day I had three answers, all of which fixed the problem. Since then I ask the question first and Google second.” - Owner, 1-4 employee company, Food & Beverage industry

“I gained a new client from answering questions on LinkedIn.” - Head of Marketing, 5-9 employee company

“When first trying to grow our social media following, the moment we shifted to answering questions instead of just broadcasting links was when things really took off for us.” - Manager, 20-49 employee company, Telecommunications industry

Q&A forum success stories are also evident in the forums themselves, such as these examples from Business.com Answers:

Pam, a regional manager at Nutrition Research Group, posts a question on Business.com Answers looking for a wholesale sports nutrition distributor in Washington or Oregon to sell their products. Anthony Mercurio from Advantis Nutrition responds, Pam visits the Advantis Nutrition web site and requests more information about distribution opportunities.

Sharron, business development/sales manager at The Esmeralda Inn in North Carolina, question asking for advice on marketing the hotel for overnight workshops and meetings. The same day, Gina, the owner of publisher Serendipity Media Group in Fresno, California, responds that she’d be interested in setting up a writing seminar at The Esmeralda Inn.

However, many business experts with the most valuable answers to share do not yet participate in Q&A forums or, like these Business Social Media Benchmarking Study participants, find that Q&A forum participation has been less fruitful and/or more challenging than they would like:

“I believe the LinkedIn answers I have provided have been nothing but a waste of valuable time.” – Sole Proprietor

“On Yahoo! Answers and LinkedIn Answers it is hard to find questions related to our industry and to keep consistent searches going so we can answer in a timely manner.” – Individual Contributor, 100-499 employee company

To help companies get the most out of Q&A forum participation and drive business results, we just released the latest report in our business social media benchmarking series, Social Media Best Practices: Question & Answer Forums. This free, 42-page report provides a unique holistic perspective on the use of business Q&A forums from the combined insights of both Q&A users – over 1,100 people who currently turn to Q&A forums for business information or advice – and Q&A ‘Experts’, over 800 companies participating in Q&A forums as a way to build awareness of company products or services, attract web site visitors and generate leads.

Visit http://www.business.com/info/social-media-best-practices-q-and-a to download this free report and we’d love to hear your Q&A forum success stories (or horror stories!) in the comments section below.


B2B Social Media Resources

December 2, 2009

For B2B marketers interested in the potential and pitfalls of social media for business, here’s a collection of the best B2B social media strategy advice, tactics, case studies, metrics and more from around the web.

We’ll update this page frequently so make sure to bookmark it!

Business Social Media Benchmarking Research

B2B Social Media Case Studies

B2B Social Media Strategy & Guides

B2B Social Media Metrics / KPIs

Conversations with B2B Social Media Thought Leaders

Social Media User Profiles

Putting Social Media in Perspective

Helpful Social Media Tools & Resources

Please comment below to suggest additional resources for this list.


Real Estate & Construction Industry Employees Tap Social Media for Business Info, Law Lags

November 5, 2009
When it comes to tapping into social media channels for business-relevant information, people working in the Real Estate and Construction industries are the most active while those in Law and Industrial Goods & Services significantly lag their peers in other industries.

This is one of the conclusions found in the 2009 Business Social Media Benchmarking study and is based on 2,293 responses from North American business professionals. The figure below, found on pg. 7 of the study (which can be downloaded at http://www.business.com/info/business-social-media-benchmark-study), shows indexed use of social media channels to get the information and resources respondents need to do their day-to-day jobs.

Use of Social Media as a Business Information Resource by Industry | Business.com's 2009 Business Social Media Benchmarking Study

Use of Social Media as a Business Information Resource by Industry | Business.com's 2009 Business Social Media Benchmarking Study

Real Estate agents are some of the most passionate networkers around, and bringing these skills to the online world through social media is a natural extension of their offline behavior. As one respondent put it, social media allows “[me to] stay socially connected with my customers and potential clients.” In addition, social media allow those in real estate and construction to easily learn more about potential clients and customers by finding and reviewing profiles of those individuals on sites like LinkedIn and Facebook.

While those in Law are finding value in the convenience of webinars and podcasts to stay current or learn more about specific legal topics, social media channels are not yet a core resource for the research legal professionals conduct on a day-to-day basis.

To learn more about the use of social media for businessby job role (hint: its not the IT team that’s tapping social media for business information), company size and much more, download your copy of Business.com’s 2009 Business Social Media Benchmarking Study at http://www.business.com/info/business-social-media-benchmark-study.