Nathan: You’ve mentioned status updates. One of the things I’ve been doing with the podcast is creating a video introduction. It was last fall that LinkedIn started having native uploads of videos. And I’ve been noticing anywhere from 2,000 to 3,000 views per post that I upload, where nobody was checking out my videos or status updates when I was doing it in the past. That might be something people think about, too, is adding the video element into their thought leadership post or their status updates. What are your thoughts on that?
Network marketing: Network marketing companies have a great business model (for those who own the company), because they only pay their sales people (a.k.a. “independent business owners”) when they make a sale or recruit another person. They only pay on performance. So to sell a bunch of product, the direct sales company really doesn’t go directly to the consumer through TV or magazine ads or similar methods that could easily cost millions; instead they go indirectly through their sales people and only pay for the word of mouth advertising as a commission on a product sale. It’s really savvy business strategy that’s low-risk and high-reward, if it spreads far and fast enough by emotionally exciting the distributors. Distributors are heavily using social media like Facebook, YouTube, blogging and the like to generate sales and grow their network online.
Remember when you used to rely solely on search engines for traffic? Remember when you worked on SEO and lived and died by your placement in Google? Were you #1? Assured success. Well, okay, maybe not assured. Success only came if the keywords were relevant to your site users, but it was the only real roadmap to generating site traffic and revenue.