They say that timing is everything, and often success comes from recognizing the right opportunity at the right time. This is especially true in the ever changing Internet landscape. A recent Industry Report released by Michael A. Stelzner, founder of SocialMediaExaminer.com, reveals some untapped potential that bodes well for those with Social Media Marketing skills. We’d highly recommend downloading and reading the full report from the website, but for now check out this quick video summary:

When we read the report, we were struck by the following statistic:

“Social media outsourcing underemployed: Only 14% of businesses are outsourcing any aspect of their social media marketing.”

This was fascinating because on the other hand, it’s clear that an increase in benefits is directly proportional to the amount of time spent on Social Media Marketing. Here are some of the benefits that were reported:

•    Helped close business
•    Generated exposure for business
•    Resulted in new business partnerships
•    Generated qualified leads
•    Reduced overall marketing expenses
•    Helped business rise in the search rankings
•    Increased traffic/subscribers/opt-in list

However, since the concept of Social Media outsourcing is still relatively new, and many marketers are still new to Social Media Marketing itself, the report predicts it may be another year before businesses embrace the idea of seeking outside assistance.

But with at least 67% of marketers planning to increase their use of blogs, Facebook, video/YouTube, Twitter and LinkedIn, the tide is definitely going to turn. How else will business owners juggle everything they need to do and still devote enough time to Social Media Marketing?

So what kinds of things will businesses need help with as they ramp up their Social Media activities?

Here are some of the important roles an outsourced Social Marketing Specialist can fill:

•    Social Media Coach (very important)
•    Social Media Community Manager (set up and optimize system)
•    Company Representative (manage customer relations)
•    Social Media Eyes & Ears for Your Clients (SM Monitoring)

Most importantly, businesses need a proper Social Media Strategy, and there will be amazing client opportunities coming available for Virtual Assistants who can perform the following tasks:

•    Create a clear and measurable social media strategy (#1 priority)
•    Research & identify the right social networks
•    Build social networking presence
•    Manage & optimize social networking presence
•    Measure results of social networking activities

So if you have Social Media Marketing skills like these, get ready to catch the next wave in this very popular and profitable niche! Keep your skills current and up to date, and you’ll be in the ideal position when more and more businesses quickly realize they need to outsource their Social Media activities! In our newly updated Social Marketing 2010 course, we provide cutting-edge training to equip Virtual Assistants to deliver the key services clients desperately need and will be asking for in the near future.

Have you included Affiliate Marketing in the overall strategy for your business or your clients’? If so, you are leveraging one powerful channel for widening your exposure and generating sales. However, this strategy is destined to fail without a great Affiliate Manager at the helm. If your Affiliate program isn’t being managed effectively, it’ll sink like the Titanic!

But what attributes should you be looking for in an Affiliate Manager? Below are some of the important skills and qualities this key team member should possess:

1.    Good Interpersonal Skills – An Affiliate Manager should be a “people person,” willing and able to provide assistance when needed and to interact with affiliates to keep them informed and encouraged. According to the blog post Characteristics of the Proper Affiliate Marketing Manager, “affiliate managers are the face of any company when they go to different conferences and anywhere else where there is contact with their potential affiliates.”

2.    Knowledge of the Business – A great Affiliate Manager has a good grasp of the product being sold and the ultimate goals of the company. This is essential when networking with potential affiliates and also in targeting affiliates who are the right fit for the company.

3.    Knowledge of HTML – It is essential that an Affiliate Manager know HTML so that they can assist affiliates with links and code. The blog post Common mistakes with hiring an in house Affiliate Manager puts it this way: “If your Manager cannot guide them through placing html or altering it, even basic html, then guess what, they are useless to that Affiliate and that Affiliate will move on to your competitor who can create and place their links with and for them.”

4.    Consistent Communication – It is essential to keep affiliates motivated and engaged, and a great Affiliate Manager will have the creativity and consistency to produce monthly newsletters, special incentives and contests, special product discounts, new banners, updated marketing materials and periodic web events to teach affiliates how to improve their sales.

5.    Ability to create Affiliate Broadcasts that are simple and that include tweets, Facebook updates, blog posts, etc. for communication – Your Affiliate marketing campaign will be much more successful if your affiliates are provided with a good variety of targeted content to promote your brand and products. A great Affiliate Manager will be able to create Affiliate Broadcasts that are concise and include all the important elements needed for the affiliate’s communications.

6.    Ability to teach Affiliates how to use Social Media to promote their Affiliate link – There’s no doubt that Social Media has become one of the most effective advertising channels around, so it’s imperative that an Affiliate Manager is well-versed and active in Social Media and can guide affiliates through this complicated landscape so that they can promote their Affiliate link. Recruiting an Affiliate Manager with Social Media Marketing skills is a wise move for any business!

These are just a few of the attributes that make a great Affiliate Manager, and the list could go on and on. Because building a thriving Affiliate Program is key to the success of any online business, we devote more time to this topic in our newly updated Internet Marketing 2010 course.

What attributes do you look for in an Affiliate Manager? Please share your comments below.

Often times we’ve discussed the growing importance of Virtual Events and the undeniable fact that they’re quickly replacing offline meetings as a more economical and environmentally friendly option. But how do you choose the right Virtual Venue for your big event?

Just as you would investigate conference rooms, hotels or restaurants before booking an offline meeting, it’s important to investigate different types of Virtual Venues so that you can choose the one that’s most appropriate for the type of event you’re hosting.

One of our VAClassroom graduates, Carlana Charles, recently published a blog post entitled “Virtual Events – Why They are Hit” and featured a video that explains the different options that are available:

Let’s look more closely at the four options discussed here and see which types of events are best suited to them:

•    Webinars –Since these are typically one-way, from the speaker to the audience with little audience interaction, they work best for online teaching sessions or workshops. We’ve used Yugma or GoToWebinar in the past, which also offer the option of connecting participants via a phone line, VoIP or an online chat box.

•    Internet Live TV – This venue works great for presenting dynamic talk shows, presentations or interviews, the types of shows you would normally broadcast on television. In this case, Ustream or Livestream is used, and the presenter has a webcam on themselves and a camera on other presenters.

•   Internet Live Radio – This is a good option for events that require or invite audience participation, as people can call in live and interact with the presenter via a tool like Blog Talk Radio. Another advantage is that they are syndicated and can be listened to and subscribed to long after the event has taken place.

•    Teleseminars – Since these involve mainly audio, they work best for conference calls or group coaching sessions. Usually there is a certain period of time devoted to a presentation, followed by a question and answer session. Often online handouts will be given out for participants to refer to during the presentation. In this case, tools like GoToMeeting or Skype can be used to facilitate the event.

So there you have it – four popular Virtual Event venues to choose from! There are many factors to consider, but as the tools become more streamlined, the choices are becoming easier to make, and the emergence of Virtual Event Specialists has provided business owners with a valuable resource to draw on when planning their big events.

What Virtual Venues have worked for you or your clients in the past? We’d love to hear your thoughts on this topic!

Happy New Year! I definitely took a long hiatus from my blog, but have re-charged my creative batteries and am officially ready to go!

I have had the privilege of working with a whole variety of Virtual Assistants over a number of years and have been able to assess the particular traits or characteristics that make some of them  very successful. As we head into a New Year full of much promise here are six keys to building a thriving Virtual Assistant Practice in 2009:

KEY #1 - Be Active in Social Networking - I continue to hear great testimonies of some of our VAClassroom students finding new ideal clients through such popular Social Networks as Twitter, Facebook and LinkedIn. They are building their network with a target audience and are finding opportunities emerge through these connections! So, one of the keys to sustaining a Thriving Virtual Assistance practice in 2009 is to become a "Master Networker" in the key social networks, forums, groups and online communities!

KEY #2 - Build a Compelling Web Presence - I have also had the opportunity to review many different VA websites and I noticed that some of them still do not market themselves super well. The page sometimes is super text heavy, with no multimedia or compelling images. As an Internet Business Owner (who currently works with 4 VAs), I love coming to site that has a YouTube Video, compelling graphics, an optin box to a free PDF guide, Twitter & Facebook Badges and possibly a blog. This shows me that this business is cutting edge and savvy! So, here's a test....

Go to your website right now and ask yourself: "If I was a prospective client, would I be drawn to my website?" Now is the best time of year to make changes!

KEY #3 - Participate in Blogging and Social Media Content Sharing - Many of you who are blogging right now know the value of being of thought leader in the VA industry and building credibility with your prospective client base - not to mention the great SEO value of regularly updating your blog! The key with your blog is to create content that would be relevant to your target client audience. For example; I saw a PDF guide that a VA was offering called "101 Reasons to Use a Virtual Assistant in 2009" - this was great and relevant content for small busineses, which certainly could pave the way to new client opportunities!

It is imperative to build your traffic and web presence through sharing content in such sites as HubPages, Squidoo and EzineArticles. This again positions you as a thought leader and drives traffic and Search Engine results back to your website!

KEY #4 - Establish a Clear Business Niche - As you know, the Virtual Assistant role is constantly in flux and means many different things to different people. Many VAs are bloggers, web-designers, social media marketers, bookkeepers, event planners, PR specialists and so much more! The most successful VAs have been able to establish the right niche at the right time to create the best opportunities for their business. For example; businesses are screaming for VAs with Social Media Marketing expertise, which is why we recently launched our Social Media Marketing Specialist Training Program.

Also, it is important to identify the niche audience you are targeting. Is your ideal client audience, Real-Estate Agents, Business Coaches, Women Entrepreneurs, Internet Marketer, Ecommerce Sites etc..?

KEY #5 - Proactive Marketing Strategies - I always love the saying "The squeaky wheel gets the grease"! Translation: A Pro-active Virtual Assistant will create the best opportunities for their business! As you know, the clients may find you on Social Networks or via your website, which is great, but for the most part, you will need to go out there and connect with your ideal client audience in creative ways. For example; One of our VAClassroom Students mentioned that she was putting on workshops for small business associations in her local area on "The Power of Social Media Marketing". Well, this served as an excellent avenue for her to position herself as an authority and build some new client opportunities.

KEY #6 - Highly Committed to Continual Learning - Of all the industries I have be apart of in my career, none has moved faster than the Internet Business. New technology and web trends are evolving at a rapid pace and 6 months is like 5-10 years in another industry! It is paramount that you are actively pursuing learning and training opportunities in your niche to ensure that you remain on the cutting edge and at the top of your game in 2009.

So, there you have it.... Six keys to building a thriving Virtual Assistant business in the New Year!

I am sure there are other "Keys" and would love to hear yours!