Tag Archives: WFN

Reaching Franchise Candidates on LinkedIn

1 Nov

linkedin logo

 

More franchisors have asked me about using Social Media for franchise development in the past 6 weeks than in the previous 6 years.

At recent events including FranTech, Franchise Leadership and Development Conference, The Chicago Women’s Franchise Network, and Springboard, my conversations have focused on using Facebook for not only generating new leads from your consumer customer base, but also engaging with candidates further down your franchise development sales funnel using Facebook’s Custom Audience Targeting.

And often, the next question has been: “But what about LinkedIn?”

Franchisors at these events ask about improving their results in finding candidates on LinkedIn. Many tried LinkedIn early in their online marketing journey but got bad results and quickly moved on.

I suggest that LinkedIn may not be appropriate for engaging with some types of potential franchisees, just as Facebook or other channels may not work for other types of prospects.

Recommendation #1: Before jumping into any social media marketing for franchise development, look at who your candidates are and where they spend their time on social media.

 

Facebook LinkedIn Franchising

 

The Facebook Side

If your best franchise candidates are those folks who will be operating their own store or other franchise location day-to-day, Facebook is the best place to engage. They may be customers of a current franchisee who could visualize themselves running their own shop. They have an interest – and hopefully a passion – for your brand’s type of service, work, food, or culture!

At our FLDC panel discussion, Wild Birds Unlimited exemplified this type of brand. Chief Development Officer Paul Pickett shared how individuals on Facebook can engage with a brand that shares their passion and then picture themselves as owning their own store.  I would add that being a great storyteller and sharing appealing images and videos is key in developing these relationships! Facebook is the most important place to spend your development time as this is where such future owners are already spending their time.

 

The LinkedIn Side

If your best franchise candidates are looking for an investment or for their next franchise award, let’s look at LinkedIn. Those candidates are in “the business of business” and invest in a franchise based only on return. LinkedIn is an excellent place to share information about your franchise’s value.

On the same FLDC panel, LinkedIn success was represented by ZIPS Franchising. ZIPS Vice President Aaron Goldberg does a fantastic job communicating on LinkedIn with potential business partners who are multi-unit owners investing in franchises.

At my FranTech Roundtable on Social Media in October, many Franchisors shared with me that they burn through their LinkedIn ad budgets quickly. Unlike Facebook where your boosted posts are easy for the right prospects to consume, LinkedIn puts you in a very competitive position to get a franchise development ad viewed.

 

Recommendation #2: I’m currently recommending not initially buying ads on LinkedIn. Instead, use LinkedIn as the one-to-one communication tool that Twitter was meant to be. There’s no advertising cost to engage with a person as another person!

LinkedIn may not be a great place to generate a completely new lead, but it is the best place to communicate with potential business partners with whom you’re already engaged.

 

Recommendation #3: Use LinkedIn for franchise development via your personal profile, not your company LinkedIn page. People buy from people. The goldmine of LinkedIn for any brand is in its use by company representatives as individuals. Sure, your company page needs to be updated and appealing. But the heavy lifting needs to be done from you as a business leader.

 

Recommendation #4: Use these tactics every day to get to the next level with your franchise prospects on LinkedIn:

*Share relevant business articles and blog posts that would be of interest to your candidates.

*Reach out to them via LinkedIn messages and InMails. Both have a significantly higher response rate than emails.

And remember the most important thing when promoting a business to prospective buyers on social media: even when you’re not engaging with them, they’re watching you!

 

 

 

Reaching Franchise Candidates on Facebook

18 Oct

Facebook Reach

 

Are you using Facebook to sell Franchises?

For nearly all Franchise Development executives with whom I’ve spoken this year, the answer is “Sure!”  Less than 2 two years ago, the answer was, “Why?”

I have recently spoken to several groups about Social Media and Franchising including the International Franchise Association Convention 2016 FLDC in Atlanta, and IFA’s Women’s Franchise Network in Chicago.  At these events, the subject that attendees keep coming back to is Facebook Custom Audience Targeting for franchise development.

Custom Audience Targeting allows you to upload a database of email addresses and then serve up Facebook ads to only those people. While Facebook won’t open the floodgate of targeting your prospects by name, it will match the person’s email address from your list to a Facebook user profile.

Here are step-by-step instructions on uploading your email list to Facebook Custom Audience Targeting.

 

An Easy Touchpoint for Your Prospects

While consumer marketers have been taking advantage of this capability for nearly as long as there have been ads on Facebook, many franchise marketers have not yet discovered it. Most franchisors are focused on creating awareness with larger audiences based on demographics. They’re missing an easy touchpoint with their leads and candidates who could be engaged in a place where they are easy to reach.

And REACHING them is what it’s really all about! This isn’t about finding people who you never knew existed. It’s about not discovering a whole new species of humanoid who wants to be a franchisee. This is about getting in front of your candidates where they already live.

The average American adult spends nearly 7 hours per week on Facebook. Insert yourself and your brand into those hours among the political memes, game highlights, family photos, and cat videos.

 

Multiple Stages, Multiple Messages

If your email database is updated and well-managed, you can serve messages appropriate for every stage in your sales funnel. One message may be great for an old lead that faded away a while back. A very different message may fit a candidate further along in the pipeline. The more narrowed-down your target audience, the more relevant your message, and the more efficient your ad spend!

 

A Unique Marketing Opportunity for Franchising

Franchise Development is different than other Business-To-Business sales types in that prospects and leads use their home or personal email addresses on whatever submission forms brought those email addresses into your database. This is perfect for Facebook Customer Audience Targeting, as most people sign up with Facebook using their personal email address.  Selling other business services can be challenging using this method, as most B2B sales pros have prospects’ work email addresses, not the ones that match Facebook’s database. In this way, as in many other ways, Fran Dev is much more like B2C selling in the digital world.

Social Media Marketing: Beyond the Basics

3 Oct

IFA Women's Franchise Network

 

Chicago! Social Media! Franchising! 

If you’re a marketing pro in Chicago, join us October 13 for an evening of discussion about building social media marketing campaigns for global brands and local customers.

I’m pleased to be on this panel with some top level local talent including:

 

Thursday, October 13
5:30 – 7:30 PM

No Limit Agency
1 Prudential Plaza
130 East Randolph
Suite 1950
Chicago

Register Now!
Cost: $20

Thanks to Cheng Cohen and The International Franchise Association for organizing this event which is sponsored by No Limit Agency!

No Limit Agecny

 

What’s Your Personal Brand?

13 Apr

I am honored to speak as part of a panel about personal branding in digital media and represent Manalto at this upcoming event hosted by The WFN next Tuesday evening in Atlanta. Here are the details from WFN and a link to RSVP.

I hope to see you there!   atlanta-70847_1920   

WFN Atlanta Chapter Presents:

What’s Your Personal Brand and Why Does it Matter?

A panel of experts will discuss the importance of your personal brand and how the digital world affects how you may be perceived within your industry. Take control of your career by building, enhancing and developing a digital persona that speaks to your skills and experience. Understand how your personal brand is communicated and shared. Discover the steps you can take to control the message when it comes to your own personal brand! Three panelists will share their perspective on the personal branding in today’s complex environment:  

Jack Monson

Jack is the Global Head of Strategic Accounts at Manalto, Inc. He has been helping franchise systems and global brands with Digital Marketing for two decades.

 

Terri McCulloch

As the VP of Sales and Marketing for Any Lab Test Now, Terri manages the company’s brand, as well as all aspects of sales and marketing support to the company’s franchisees.

 

Yvonne Dwyer

Yvonne Dwyer has been a successful medical recruiter since 1998 and prides herself on identifying top personnel for medical practices in and around Atlanta.

 

Tuesday, April 21, 2015
Networking 6:00 – 6:30 p.m. Program 6:30-7:30 p.m.
JW Marriott 3300 Lenox Road NE Atlanta, GA 30326

RSVP by Friday, April 17, 2015. Please feel free to forward this to any franchise colleagues!  

Sponsored By:

Qiigo

Any Test Franchising, Inc.

We Sell Restaurants

Manalto, Inc.

Manalto Logo Big J

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