Tuesday, December 14, 2010

Building an Audience With Social Media: Got the Three C’s?

What’s the biggest difference between people who are successful in social media and those who aren’t? Simple—the successful people have built themselves an audience.

An audience doesn’t necessarily mean having 10,000 followers here or 5,000 friends there. At its most basic level it might be that. But what’s a bunch of friends and followers if they aren’t helping you to grow your business?

Consider this: what if your “audience” isn’t anyone who would be interested in what it is you offer? What if they were people just looking to boost their numbers without any interest in engaging you in any sort of dialogue? What if they were primarily focused on promoting their own stuff the majority of the time? These types of scenarios are clearly not ideal.

So what should you really be looking to achieve? Building the right kind of audience with social media means your participation there is leading you to be seen as a credible, trust-worthy source who may be able to help others solve whatever problem they may be having. It means you’re reaching a market of people you’ve deliberately sought out through search strategies who might need what you have.

When you’ve grabbed the attention of your followers and friends and built interest and credibility, you now have a way to gain traffic to your website, capture more leads and continue building and strengthening the relationship.

It’s all in the three C’s:

Content

Content is the lifeblood of successful social media marketers. What reasons are you giving people to listen to you? This goes two ways: sharing your own helpful posts, links, and resources—and promoting and sharing the content of others. This does three main things: establishes your expertise, drives traffic, and provides your audience with helpful information. Remember, the content you are sharing should not always be your own.

Conversation

Simply by being seen as someone who provides great content in the social media space you will naturally find yourself engaged in conversation. Having these one on one conversations is what is going to make you stand out among the noise and deepen the relationship. In addition, when you make it a habit to promote others, this brings more “social appreciation” your way. These interactions cause others to seek out more information about you beyond where you’ve made the initial connection.

Conversion

Once you have converted someone to a newsletter subscriber, blog subscriber or paying client, you’ve taken steps toward acquiring another raving fan. These loyal folks will not only bring you more sales, but will be much more likely to sing your praises to others out in the social media universe. This is how you grow your “tribe.”

Do you see how simple and effective it is to build an audience of captivated friends and followers? Do you see the difference this could make in your bottom line?

Let me know your thoughts in the comments. Anything else you would add?

Christine Gallagher, MLS, MSIS, founder of CommunicateValue.com, teaches small business owners and professionals how to conquer the overwhelming aspects of online and social media marketing to increase business and maximize profits. For FREE tips on how to build profitable relationships, leverage technology and create your own successful online business, visit http://CommunicateValue.com/subscribe.

Friday, December 10, 2010

The client demographic you should be targeting now

If you aren’t already coaching young people (more specifically, people in their late 20s and early 30s), this is one client demographic you will want to start marketing to NOW!

Why, you ask? Recent ICF research found that 25- to 34- year-olds are more aware of professional coaching, more aware of the ICF, more satisfied with their coaching experience and more likely to recommend coaching to others than their older counterparts.

The ICF Global Consumer Awareness Study* indicates that this age group sees coaching as a viable resource to help them with their professional goals as they are faced with the global economic downturn and high unemployment rates early in their careers.

In fact, nearly half of the people aged 25-34 selected “expand professional career opportunities” as their top reason for partnering with a coach. To compare, the older age groups chose “optimize individual/team work performance” as their top reason for partnering with a coach.

These findings point toward a very promising future for coaching—not to mention those industries that could benefit from the coaching experiences, principles and culture that the younger generation may bring to their organizations as they move up in their careers. Needless to say, it seems the future of coaching is very bright!

Do you already coach clients in the 25- to 34-year-old age range? What motivated your younger clients to participate in a coaching relationship?

If you don’t, how will you market yourself to this demographic?

*Conducted independently by the International Survey Unit of PwC, the ICF Global Consumer Awareness Study surveyed 15,000 individuals across 20 countries. Read more about this research at Coachfederation.org/works.

Tuesday, December 7, 2010

From Tragedy to Transformation

The date, September 11, 2001, after a successful career on Wall Street spanning over 25 years, I had just arranged the sale of the venture capital firm I was the CEO of, and watched the horror unfolding out my apt window facing the World Trade Center. My office was across the street overlooking the fountains. It was a beautifully sunny day. I had decided to stay home. I was in shock. I lost friends and colleagues and was in a deeply emotional state for several months.

I contemplated my future. What was in store for me I wondered. I looked back at my career/life and realized that what I enjoyed most was helping people to achieve their personally relevant goals. I had been a mentor, advisor, coach and didn’t even realize it at the time.

I decided to try my hand at being an independent business consultant. That lasted two years but wasn’t truly fulfilling for me. I would advise a company as to what to do, get paid and leave. One day I was introduced to a woman who was becoming a coach. I had no clue what she did but when she explained the process I was so intrigued that I asked her to coach me for a few sessions. At first I was skeptical. I am not one to open up easily but the process amazed me. So much so that I researched for an ICF certified coach program in the area, chose IPEC and enrolled.

Upon graduation I wondered how to best move forward in this new career. I had heard about the ICF and found the local chapter in NYC. I got the nerve up to attend a monthly meeting and was happily surprised how welcoming everyone there was. There were new coaches, coach wannabes and seasoned coaches attending. I networked, made friends, partnered with other coaches, and after several months was asked by the outgoing President to run for the Board.

My experiences as an active member of ICF-NYC are unforgettable. Over the next few years we focused on giving value to our members. We brought in informative speakers on topics members told us they were interested in. We offered workshops focused on how to grow your coach practice and improve core competencies. We organized groups of coaches to go out into the community and help those that weren’t able to afford our services. From helping college students, to career fairs, to local community groups we got members involved. I was elected chapter President in 2007. We won three global awards over those years. I hosted several webinars sponsored by ICF Global on our chapter best practices, wrote articles for Coach World, volunteered my time as part of the global chapter leader mentor program, spoke at three ICF annual conferences and now host Coach Chat Radio.

This past year, as Past President of the NYC chapter I have focused on mentoring those on the Board who will continue the legacy of our chapter achievements. This being my last year on the local Board, and with a lot of encouragement, I decided to run for a global board seat, was nominated and won the election.

As a new Board member I plan to offer my years of experience in business as a former CFO, COO and CEO, as well as a former chapter leader of one of the most successful chapters in the ICF to help our global organization advance the profession of coaching throughout the world.

For those who have sitting on the sidelines up until now, what can you do to contribute your passion and skills to expand the profession we care so much for?

Bernie Siegel, PCC, incoming 2011 Board of Directors member

Friday, December 3, 2010

What do YOU care for?

What do you care for? It’s a pretty broad question...one that can generate a wide variety of responses and make people feel a number of emotions.

And it can be answered on many levels—you may care for orphans in another part of the world, for your community or country, for your family, for your health and for your ICF membership but you may not care for them all at the same intensity.

So…what is it that you care for? There is no right or wrong way to respond to this question.

Since the end of October, when the I Care For campaign was officially launched, responses to this question have been pouring in—and they are truly as varied as our 17,000+ members.

We’ve learned that Jaki in Kenya cares for “the academic and personal advancement of children from disadvantaged backgrounds” (learn more about Jaki’s story in the January 2011 Coaching World); José in Portugal cares for “a world where being is the matrix of doing and having;” and Bonnie from Canada cares for “creating a world of authenticity, purpose and belief in possibilities by connecting people to their core values and purpose in life.”

Haven’t shared what you care for yet? Do so by 11:59 p.m. on December 31, 2010 and your name will be entered into the I Care For contest. Prizes are awarded in two categories, depending on how you submit your message. (No worries to those who have already shared what they care for—you will be included in these drawings as well!)

Those who share their message through a video will be entered into the drawing for a $250 USD VISA gift card. And those who submit their message via e-mail/Twitter/Facebook/LinkedIn/other written form will be entered into the drawing for one of two Kodak Play Sport video cameras. I can’t think of a better way to kick off the New Year than with one of these prizes!

And entering is so easy…you simply need to share what you care for! Instructions for submitting your message can be found here.

Tuesday, November 30, 2010

THE PROBLEM WITH SELLING COACHING

Coaching is a beautiful calling. Everyone who does this work, loves it. New coaches love their training and immediately recognize the power of a coaching relationship in assisting others to make important changes in their lives, careers and businesses.

For clients, once they try coaching, they love it too. Many studies have shown that over 96 percent of the people who try coaching are very happy with it. Most clients will stay with their coach for over six months and some never leave. When you take coaching into organizations it routinely generates returns on investments of 500 to 700 percent.

Further, more and more clients are becoming aware that certain types of changes are very difficult to accomplish on their own. These bigger, “adaptive” changes are rarely achieved through books or “one-size-fits-all” or “drive-by” training solutions. Rather these types of changes benefit from individualized attention. The support of a good coach can facilitate crucial shifts in perspectives and an overcoming of limiting beliefs. A coaching relationship can provide the feedback, accountability and support needed, over sufficient time, so that new knowledge and intentions can be translated into new behaviour. This is what coaching excels at.

So if coaching is such a valuable and effective service, why do so many coaches struggle to fill their practices? The simple truth is that coaching is still a relatively new service that most people have never tried, and people are hesitant to purchase things they don’t understand.

This will change in time. It has improved noticeably over the past decade. However, if you are currently trying to build a successful coaching practice, I encourage you to minimize your pain by:


  • Not trying to sell generic life coaching, business coaching, career coaching, executive coaching, etc.
  • Identifying an existing niche–a specific group of people with an existing set of challenges.
  • Finding out what the people in your niche are struggling with–the acid test is to find what percentage of them are actually spending money now to find solutions or achieve specific outcomes.
  • Finding out how you can easily create relationship with them. In person? Through writing or talks or workshops? Online, through social media, newsletters or by optimizing a website to the keywords they type into Google? Remember to market in the vocabulary they speak about the challenges they face and the outcomes they seek. (Coaching is just the way your deliver your solution.)
  • Making it easy for them to experience coaching, understand its benefits and how it contrasts to the current solutions that are not working well for them.
  • Communicating why you are the best solution provider. Ideally you want to highlight three compelling reasons/strengths.
If you follow some of these hard-earned lessons (from the thousands of coaches who have walked this path ahead of you) you will find it much easier to attract clients. Hopefully, you will more quickly arrive at that lovely place where you can enjoy doing what you love, while earning a comfortable living.

Yes, coaching is a beautiful calling, and a great service to the world. Wherever you are on your journey, please take good care of yourselves. Do your homework, get well-trained, pay attention to the marketing, and know that there are many who have faced the same challenges you face.

They did it. You can too. Keep believing, and know you are not alone on this path.

Steve Mitten CPCC, MCC served at the 2005 ICF President and runs ACOACH4U.COM