Gary Honig, president of D.C.-based Creative Capital Associates (CCA), provides accounts receivable financing to emerging businesses. Currently CCA has more than $10 million in available funding reserves with which they purchased $100 million of commercial invoicing last year. Now with offices in Denver, CO and Red Bank, NJ, CCA continues to fund nationwide. In an industry dependent upon relationships and referrals, Gary has very effectively harnessed the power of social media to raise awareness about his business, as well as to grow his personal and professional network.

Gary is on Twitter @garyhonig and blogs at The Art of Factoring. In this “Social Gets Local” post, Gary tells us how he puts his social media style to work for him every day.

Q: How has social media impacted the way you market your business?
A: As an early adopter of the power of social media, I began to incorporate the communication platform as an integrated part of our overall efforts. This allowed us to effectively get our message into the corners of business communities that had been previously hard to reach. Because the entirety of social media is an evolving mass, the excitement and anticipation of new concepts and applications drives the strategies. To successfully use social media marketing you must be nimble, pro-active, and quick to adopt fresh techniques.

Q: What social media tool do you use the most?
A: This changes as my needs require. A site like LinkedIn might help promote me as a subject matter expert, while Twitter might help me reach referral sources in a fast cost-effective way. The important thing is to cross-pollinate all these tools.

Q: How much time each day do you spend using social media?
A: Some days it seems as if I spend all day reading and writing. If you have enough self discipline to get in and get out of the social media spaces quickly, you can be very effective with 20 minutes here and there a couple times a day. The self discipline to not click on tantalizing subjects is key. That said, I think the threat of “wasting time online” does not mean that the tools are ineffective.

Q: Do you consider your time on social sites “time well spent”?
A: I have measurable results from the efforts to effectively use social media.

Q: What percentage of your new clients comes from social media?
A: Our business is relationships; possibly half the new relationships we acquire come through the social media marketing campaigns.

Q: How are you gauging “ROI”?
A: I believe we could be more effectively tracking our analytics. We are actively seeking to outsource some of this work to optimize the results.

Q: Can you describe your “social media successes” at the local, regional and national levels?
A: Local: We’re meeting good, strong resource partners by participating in events found through social media. Regional: We’re building awareness with better referral sources. National: We’re increasing our visibility as subject matter experts.

Q: Do you encourage your sales force to use social media? How or in what ways?
A: Yes, we believe that increasing the brand footprint by using social media is a great way to stay in front of new business. By staying on top of Twitter chat, working our keywords in discussions, and monitoring those keywords we can be first to respond when a question arises.

Q: What would you say to other local business owners about social media?
A: Be prepared to develop a plan that uses all the tools as a matrix strategy. The tools feed off each other. Use your time effectively, watch out for time drift and have discipline.

Q: What question do you have about social media that you’d like to ask your local business community?
A: What’s the last thing you read or attended that really stopped you in your tracks?

Click here if you’d like to be a part of Social Gets Local, a FREE local directory supporting businesses located or based in Baltimore, Washington D.C. and Annapolis that are using social media effectively.

Joan Schramm, who is an executive, career, business and personal coach at Momentum Coaching, has leveraged the power and reach of multiple social media tools to “achieve momentum” for her business.

In this “Social Gets Local” post, Joan shares her social media approaches, ideas and successes as both a business owner and a skilled social marketer.

Q: How has social media impacted the way you market your business?
A: My blog readership has tripled. By leveraging the power of blogging, I am able to earn more traffic and generate more requests for information.

Q: What social media tool do you use the most?
A: Tweetdeck for Twitter – it is a great tool for posting and for search, as well as for keeping track of important Tweets. I also use Friendfeed to further boost my exposure.

Q: How much time each day do you spend using social media?
A: I spend about 15 – 20 minutes a day on Facebook and on Twitter (@JoanSchramm) I’m in and out all day: 10-15 minutes in the morning; 10 minutes in the afternoon and 10 minutes in the evening.

Q: Do you consider your time on Twitter “time well spent?”
A: Absolutely. It keeps me up to date with what other people in the field are doing, and allows me to effectively communicate with a large number of interested people.

Q: What percentage of your new clients come from social media?
A: About 75 – 80% of my new clients come from social networking – LinkedIn, Twitter and Facebook (in that order). The others come from regular networking, which is often an out-shoot of the social networking, so it’s all related. My outreach is more focused and I have started hosting a bi-monthly radio show on BlogTalkRadio. I’m also putting together a teleclass on social networking for job search.

Q: How are you gauging “ROI?”
A: I use search and monitoring tools (Google alerts and Twitter search) to gauge the Word Of Mouth (WOM) of my name/brand/business. Right now, I view the addition of new clients, as well as boosts in WOM as my primary measuring sticks for ROI.

Q: Can you describe one of your “social media successes?”
A: During the holidays, I ran a “10 Days of Holiday Giving” campaign in which I donated (to charity) $1.00 for every comment made on my blog. I got a lot of good feedback on that idea. I also have a Twitter account for a non-profit I volunteer with – Mid-Atlantic Great Dane Rescue League (MAGDRL). The response has been incredible, and MAGDRL was named one of the top 26 charities on Twitter by Mashable.

Q: Do you encourage your sales force to use social media? How or in what ways?
A: Our marketing efforts include our blog, newsletter and social media marketing. I use Google Reader every day to monitor my Top 10 list of blogs – which are great sources for sharing information.

Q: What would you say to other local business owners about social media?
A: Get ahead of the curve NOW. You are missing opportunities! Social media is NOT for kids – it’s for innovative marketers.

Q: What question do you have about social media that you’d like to ask your local business community?
A: Why aren’t more of you involved in social networking? I see a lot of skepticism and misunderstanding about its role in business, and I wonder why that is.

Click here if you’d like to be a part of Social Gets Local, a FREE local directory supporting businesses located in Baltimore, Washington DC and Annapolis that are using social media effectively.

Melissa M. Gomez, Ph.D., is a jury consultant and owner of MMG Jury Consulting in Philadelphia. She tweets @mmgjury and blogs at The Legal Intelligencer. I want to thank her for taking the time to share her twitter experience and for not listening to her cousin.

Twhat?

About a month or so ago, I was sitting at my dining room table with my cousin (who, for his protection, will remain nameless) and he mentions something about this Twitter thing.  “I have heard of that. What is it?” I ask. His answer: “It is the ultimate tool for narcissists. Basically it is folks thinking that they need to share with the world when they drink their coffee, eat a ham sandwich and use the bathroom.”  Hmm. I don’t think I would be very interested in that.

Fast forward a week. I am chatting with my good friend and “social media stylist” (@usegraymatter). I need advice because I am going to be a regular contributor to The Legal Intelligencer blog, Pennsylvania’s local legal publication, and I had only written traditional (print) articles before. She brings up this Twitter thing again and I share my cousin’s perspective.

I tell her I am not sure how Twitter would be useful for a jury consultant like me. I get an earful.

In a few hours, I have a Twitter profile up and am searching around to see if there is anyone in the legal profession tweeping or tweeting or twipping or whatever they call it. I am not very hopeful. I know that none of my clients have ever set foot on twitter. They barely have time to check their email.

TwaHa!

What I find is something pretty incredible.  Folks in the profession are not only on there, but are really using Twitter as a professional tool. I see folks using Twitter as a platform to share ideas, articles, legal blogs and ask for referrals. Only the occasional ham sandwich rears its head. Pretty cool. So, I start to follow people. And they start to follow me back.

But what to tweet?

I am pretty sure no one is interested in the half-eaten granola bar sitting on my desk, so I start to tweet about what I would be interested in: good quotes, articles about courtroom psychology, blogs, things that jurors tweet about their jury duty experience. More people in the legal field follow. I follow more people.

Twa Moral of the Story…

So far, my take on using twitter professionally can be summed up in a comment I made on @lancegodard‘s  blog posting  “Aren’t you on Twitter yet?”

I think it is important to realize what social media may and may not be for legal marketers. For my business, I find that the point of marketing is to not only look at immediate gratification, but at the long term benefits.

Specifically, I am tapping into a whole new potential client base through Twitter-folks who may or may not need a jury consultant in the future, but who I know are going to be the future leaders in their industry — they are already setting themselves apart as the experts of their field through their blogs and such.

I realize that Twitter will likely not lead to immediate business, but it is getting my name out there in another form and with a new group of folks. That is never a negative for anyone as long as you put yourself out there in a meaningful way.

When I started my solo practice after years at a big litigation consulting firm, a good client advised me: “It doesn’t matter how you do it, just keep your name in front of people in a meaningful way. That way, if something comes along next week, next year or 10 years from now, your name will be the one to pop in their heads.”

I think Twitter is a great way to do that.

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Ever run across a business doing everything right?

Well, if you’re ever driving from point A to point B in Baltimore in a dirty car, I’d like to recommend a pit stop at WashWorks on Howard and 21st Street.

WashWorks, Baltimore MD

Not only will your car feel “like new” again, but you’ll have the chance to see one of the most efficiently run small businesses in Baltimore.

What does this post have to do with social media?

It’s about RELATIONSHIPS. I drove in to WashWorks on an overcast day when rain was imminent (yes, my car was THAT dirty that I would pay for a wash right before it rains). There’s usually a line of cars halfway down the block at this WashWorks location, but because of the weather, there were no lines. My lucky day. However, I drive an SUV and I happened to have a roof rack on it that exceeded maximum clearance for the touchless car wash. The owner, who is there all the time (in his easy-to-spot teal shirt), explained this to me when I pulled up. “Bummer,” I said…and then I put ‘er in reverse to back out. But before I did, I leaned out the window and told him that I’m a frequent customer and his is the most well-run operation I have ever seen and that the quality and consistency of the work is always first-rate.

As I prepared to pull away, the owner said, “Wait…”

I stopped. And he said, “Pull into that side bay over there, we’ll wash it by hand.”

Get out!

Seriously! How often do you find that kind of service? While I was a loyal customer before today, I instantly converted into ambassador in perpetuity for WashWorks. My compliment was given without expectation and returned with something truly exceptional.

There are only a few brands that have unequivocally built a reputation on going the extra mile for customers, (Nordstrom’s comes to mind), because they do customer service, quality and consistency right, every time.

I drove out of that WashWorks feeling like a won a prize. Not only was my car spotless, inside and out, but I felt overwhelmed by the act. And it doesn’t matter one iota to me that WashWorks is or isn’t engaged in twitter or facebook or anywhere else online. They are engaged – consistently and thoroughly – in customer service. That’s what drives Word of Mouth (WOM). You might even say they made me their social media.

I’m more than happy to toot their horn.

WashWorks

Howard & 21st Street | Baltimore, MD

http://www.washworksonline.com/

410-837-WASH