CPA Practice Advisor

APR 2012

Today's Technology for Tomorrow's Firm.

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FOCUS ON YOUR FIRM profi le complete and worth connecting with. First, set a cover photo; this new capability came with the new Timeline feature (www.searchinfl uence.com/2012/02/ facebook-timeline-for-pages) and allows you to create a striking appearance for your page. Keep in mind the guidelines for cover photos: limited text, no promotional copy, and design- rather than content-focused. Stand out from your competitors and put up a great photo of your staff , your building, or whatever immediately represents your practice. Add value by curating content for your target market For the fi rst-time visitor to your Facebook page, the ability to immediately set yourself apart from your competitors is crucial. T e fi rst step is creating an engaging layout using the cover photo. But once that's done, two tactics can help provide value for your visitors. T e fi rst is to use the "Mi l estone" to humanize your com- pany. A business or practice with a long history can highlight famous clients, great work from decades past, or awards and recogni- tion for longstanding achievement. For example, Coca-Cola's Facebook page (www. fa c ebook . com/ cocacola) highlights founding documents and correspondence from centuries past as social proof. Furthermore, these milestones can go back to 1000AD, allowing you to include related factoids and historical events, like the initiation of your local currency, major changes in law, and major local events aff ecting your business. Another way to curate relevant content is to share what you fi nd on the internet that would be relevant for your visitors and your colleagues. You're already reading about accounting, tax issues and fi nancial regulations on a daily basis, why not share what you fi nd? T ese two audiences set the stage for you to position your company as a thought leader not just among your peers, but among potential clients. Providing Do-It-Yourself advice can also put your fi rm on the radar of those who may not follow those issues, and sharing breaking industry news keeps your competitors looking at your company's taillights. Become involved in your online community But posting links isn't enough. Just as Google has PageRank, which is a generalized ranking for your page in search results, Facebook has EdgeRank. T is algorithm, simplifi ed to Sumuwd (i.e. the sum of user affi nity with your page, inherent "weight" of the type of post, and a decay based on time), puts the focus on user engagement with your posts. With more engagement, your posts will last longer and show in more people's Fecebook News Feeds. Commenting back on client or customer posts on your timeline, posting sharable content that is reactive to what's happening on your page, and providing a mouthpiece for your least vocal audience allows you to be seen by the most people possible. Encourage your current clients to "Like" your page, and then ENGAGE THEM! Nothing is worse than writing to a brick wall, so give back to the community that drives your page and the algorithm will thank you for your clients. Set ing your profi le employer to your company will drive traffi c to your page, as well as show your friends visiting the page that they have a contact that works there. Finally, running Facebook Ads, especially in conjunc- tion with other outreach, could bring at ention to your practice. Looking to expand your team? Try advertising to them on a platform that most users spend over 20 minutes a day on. In this economy, there are plenty of experienced professionals within your Facebook reach who are looking for a job. Broadening the reach of your fi rm is easy when you ensure that the people seeing your ads and posts are highly engaged with the niche your company serves. Get some attention To garner this engagement, you have to go where your customers are. T e fi rst step is to add existing pages to your page's favorites, such as Mint.com, QuickBooks or other brands your clients may be familiar with), and are a great place to not only fi nd information to share, but also interact with potential customers by commenting on posts as your Page or as yourself, directing traffi c to your Page. But it doesn't stop there: fi nding Q&A; sites, forums, and review sites can give you a wealth of opportunity for creating a true con- nection with potential clients and their friends. Be sure to include links to your Facebook page and invite your users to continue the conversation there. Another way to invite at ention to your page is to link your personal profile to your business. Creating a personal brand, which will inevi- tably drive inter- ested parties to your Facebook page, will dovetail with con- necting with potential clients. Convert that attention into leads (and clients) Finally, you have eyes on your page and fi ngers on keyboards - put them to good use! By using "custom tabs" (www.searchinfl uence.com/2011/07/lunch- learn-facebook-tabs-iframes), which haven't changed much from previous Facebook page layouts except by giving you more space to work with, lets you take those fi ngers and direct them to a lead-generation form or another way to actively build your business. While engagement on posts is key to a successful Facebook marketing strategy for accountants or any other business, the goal is to turn those engagers into paying clients. Using custom tabs, the savvy business owner can drive qualifi ed clients to his or her door, expanding the value of Facebook beyond Infl uence and towards a viable marketing platform. Following these fi ve steps, a tax and accounting professional can socially build upon their business, giving clients a new outlet, expand reach both for client acquisition and industry thought leadership, and creating a social home for the practice. By Will Scott, Founder and President, Search Infl uence Will Scott is Founder and President of Search Infl uence (www.SearchInfl uence.com), and has been helping small businesses get online since 1994, before most people even knew there was an Internet. Since then, he has been focused on making information more accessible online. In the classroom teaching technology to professionals or in the boardroom presenting the value of online business to fortune 1000 companies, Will is passionate about the impact of the Internet on business. As technical and production lead for WebBoss.com, Will oversaw the production of 10's of thousands of small business web sites. With WebBoss Xanadu trailer Will worked collaboratively with small business owners helping them realize their vision online. At YPsolutions, now Local Matters Inc., Will was responsible for creating systems which enabled the production of thousands of online phone directories. While at YPsolutions Will also got to demonstrate the importance of small business success to yellow pages publishers as they sought to provide leads to small business.

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