Archive for the ‘Linkedin’ Category

Calculation Suggests Linkedin is Now Worth Over $2 Billion

Friday, July 30th, 2010

A recent calculation by Bloomberg suggests that Linkedin has now reached the $2 billion mark. With over 60 million members and tools like “LinkedIn Reasearch Network” for market researchers and investors, the LinkedIn brand has made it to one the top 3 social media networking sites worldwide.

Mashable released an article breaking down the math:

Hedge fund Tiger Global Management spent $20 million to acquire approximately a 1% stake in the business social network. The hedge fund specifically paid $21.50 per share.

…According to SharesPost, an online marketplace for privately held companies, LinkedIn has 105 million shares outstanding. Multiply that by the $21.50 Tiger Global Management spent, and you arrive at a valuation of $2.26 billion.

Via Mashable

How can you tap into the success of social networking sites like Social Harbor, AboutUs and LinkedIn? If you don’t know how to optimally utilize these sites for success, your business or personal brand can get lost in pages of search results. Search Engine Optimization is crutial; SEO is the spigot that controls the amount of exposure your brand will receive. Our service at Social Harbor targets valuable keywords that make sense to your unique company and implement those words frequently into your profiles. The result is a consistent, highly professional image for you, portrayed through effective online content that best represents you and your company.

LinkedIn and Twitter Join Forces

Friday, November 13th, 2009

Earlier this week, social networking mega-sites LinkedIn and Twitter joined forces. Why it didn’t happen sooner is anyone’s guess.

Both companies, now synced, earn ample benefits from their respective partners, such as data exchange and worthwhile business intelligence. LinkedIn users will able to update their statuses more frequently and appeal to a younger demographic. Twitter can gain access to LinkedIn’s influential and growing user base.

In your LinkedIn settings, you can link your account to Twitter to allow for every tweet to be posted as your LinkedIn status, or just the ones that include either the #li or #in hashtag.

Where this ends up is anyones guess, but for now, enjoy the new networking feature.

LinkedIn Keeps Growing

Wednesday, October 14th, 2009

LinkedIn’s blog is reporting they now have over 50 million users worldwide. They say it took almost sixteen months for LinkedIn to reach its first million users. Their last million? Only took 12 days. This comes on the heels of even more good news, as Compete reported a 5.68% growth in traffic for LinkedIn during the month of September.

LinkedIn stats from Compete

LinkedIn says that while 50% of its users are based in the US, 50% are international. An impressive stat that speaks highly to the power and success of LinkedIn. If you have somehow managed to stay away from LinkedIn to this point, now is as good of a time as any to jump on the wagon. Business is being done here, and soon every business man and woman will have their profile on LinkedIn.

Socialnomics and The Social Media Revolution

Monday, August 24th, 2009

By 2010 Gen Y will outnumber Baby Boomers

96% of them have joined a Social Network.

80% of companies are using LinkedIn as their primary tool to find employees.

The largest growing segment on Facebook is 55-65 year-old females.

78% of consumers trust peer recommendations, only 14% trust advertisements.

Social Media isn’t a fad, it’s a fundamental shift in the way we communicate.

Watch this video for much more eye-opening statistics!

(statistics and video are from Socialnomics blog)

Number of Social Networking Users Doubles Since 2007

Monday, August 3rd, 2009

With Facebook and Twitter grabbing national news headlines, it may not be all that surprising to hear the number of users on social networking sites has doubled since 2007. However, the numbers are staggering to look at.

Almost 1/3 of the US population - 55.6 million adults to be specific - visit social networking sites at least monthly. This according to the latest report from Forrester Research. That number was 15% in 2007 and only up to 18% last year in 2008.

This puts the popularity of social networking among adults higher than instant messaging, streaming music, and reading blogs. Here is the complete breakdown from Forrester’s report:

forrester-study

The most important thing to keep in mind is that the tools driving these online activities (i.e. Facebook, Twitter, and LinkedIn at the moment) are constantly evolving. It is imperative for companies and their team members to be in position to benefit from these new technologies. If you simply cannot allocate the time and resources within to keep your company in the conversation, look for custom outsourcing options. You do not want to get passed up and left behind in the social conversation on the web.

I Already Have a Job, Why be on LinkedIn?

Monday, March 2nd, 2009

“Why would I want to be all over the Internet if I’m not looking for a job?”

This question comes up all the time, and it’s not a bad one, but…

To me that’s like saying. “I already know some people, why would I go out and meet more?”

If you are any kind of business person, you know the key to business is connections. Whether you follow the old adage ‘It’s not what you know, but who you know’, or you just realize the benefit of having people talk about your business, Social Media is the next sure step.

For starters, there is no cheaper or faster way to spread the word about your company, brand, message, whatever, than via the world wide web.

So if you’ve got any kind of product or service you are trying to sell, getting yourself out there in such places like LinkedIn can be extremely beneficial. Make connections at the highest levels for things like partnerships, all the way down to making connections with potential or current customers. If you are selling something, you want to be found, and online profiles like LinkedIn really spread your business across the web.

More People

OK, you’re not selling a physical product or service necessarily. I have a family member who is a stock broker. On average this person deals with folks aged well out of any web generation, and besides, who picks someone to manage their money just by going online? Good point, so why be on LinkedIn? Well I learned a long time ago that word-of-mouth is the best promotion (or demotion) a business could ever receive, and word-of-mouth is more prevalent on the web today than anywhere else. Here’s a very plausible everyday situation:

“Hey Bill, it’s pretty obvious everyone is losing some money in this economy, but I’m just not confident in my stock broker anymore. Seems to me he’s making some bad decisions with my money. Do you know anyone who I might be happier with?”

“Well Frank, I handle mine personally, but a few of the guys at the club rave about their brokers at XYZ Firm. Not sure who they use exactly, or if they would be able to help you out, but that’s all I know.”

So Frank goes home and checks out XYZ Firm’s website. No broker profiles, or even individual contact information. Enter LinkedIn. Frank can either browse XYZ Firm’s LinkedIn Company profile, looking through all the brokers who work there, or he can find individual brokers’ profiles. All of your information is there for Frank to make his intial selections. The most valuable part? Recommendations. Frank can read what other people have to say about you, without ever meeting them!

“I’m not selling anything, and I don’t want any new clients, so what’s the point?”

Portable Equity.

Sure, you’ve got a job now, but can you really be certain about anything going forward in these trying times? Even if you are not expecting to ever move from that desk, it is important that you are always ready.

There is absolutely no harm in having a presence online (especially if it is professionally built and managed), it can only help you. Why? Because it is your personal brand that you can take with you wherever you go. If nothing else, at it’s bare bones you can utilize LinkedIn as a electronic Rolodex.

You meet a lot of people at your current secure job right? Wouldn’t it be nice to always have those people litterally one click away should you ever need anything? It’s quite powerful.

Power of Being Found

Friday, February 6th, 2009

As businesses of all kinds continue move forward into our Internet age, it cannot be stressed enough that being found on the web is of the utmost importance.

This has been reiterated, along with other valuable bits, by Linkedin themselves. One of their bloggers, Adam Nash, recently published a few terrific pointers that EVERYONE needs to read. The whole article is worthy of your spare five minutes, but I will highlight his three most important steps, as they should really hit home with you.

Excerpt:

Be found. It’s almost criminal to leave your LinkedIn profile unfinished. Think of it as search optimization, but not for a website - for you. The more positions you list, education you cite, and skills you highlight, the more likely it is that the right people will find you. It’s not hard - in fact, if you have a resume handy from your last job search, you can fill in a profile typically with a few minutes of cut & paste. Most people are shocked to find out how many great opportunities find them once they fill out their professional profile.

Bring your network online. Your network is one of your most valuable assets, but it does little good for you offline. Upload your Address Book, invite the people you want to connect with, and get connected. Most people don’t realize that having your network online means that you can now use it as a personalized search engine for both who and what you know. That’s exactly you only want to connect with people you actually know.  It’s no good finding out you are one degree away from the company of your dreams, if that connection doesn’t know you from Adam (pardon the expression). Worse, that false connection can even “crowd out” a real connection to that company in the LinkedIn search engine. Your relationships are the heart of social relevance - use them.

Search! You’d think that after a decade of search engines people would get this, but it’s amazing to watch the light go on once they search for something other than a name. Interested in working for clean tech? Try searching for it. Search the company directory on LinkedIn. Find companies in your favorite industry, in your favorite city. Then search your network (”People Search”) for that company name. If you’ve done steps 1 & 2, you’ll be pleasantly surprised at what a small world it is. If you are looking for a job, and you aren’t spending hours a day on LinkedIn, chances are it’s because you haven’t discovered the power of people search.

The power that Business Social Networking gives to individuals, and their companies, in flat out immense. It’s impact on your business moving forward is clear, you need to spread your credibility across the web, before you fall behind.

Chief Officers Being Hired via Linkedin

Monday, February 2nd, 2009

If you ever find yourself doubting, even for a moment, the power of Social Media and Business Social Networking, go check out Linkedin’s blog. Why? Here’s the type of thing you’ll find.

The Interactive Advertising Bureau hired their new Chief Administrative Officer (CFO + COO), through Linkedin!

President and CEO, Randall Rothenberg, turned to his Linkedin network first when looking for a new Chief Officer. He posted the job on Linkedin, and began filtering candidates that way.

“I realized … the place to go to begin that search was going to be my LinkedIn network,” Randall told Linkedin. “If anyone can lead me to the kind of person with the kinds of capabilities I was looking for, it’s this set of people.”

Randall estimates he saved up to $150,000 by using Business Social Networks for this and another senior placement. Pretty easy to see why this is becoming an emerging trend!

Oh by the way, this all went down in 2007! Which means you absolutely NEED to have a presence on Business Social Networks for 2009. If you’re falling behind, let Social Harbor help.

via: Liknedin

Linkedin Applications Experiment

Tuesday, January 27th, 2009

With so much rapid growth amongst every Business Social Network out there, it can be tough to keep up! And even tougher to comb though the stuff worth spending time on.

Well today we’re bringing it to you, no need to search. There has been a lot of buzz about all these new Linkedin applications, so we’re going through each one to bring you the important stuff!

Welcome to the spotlight, “Polls by Linkedin

This one is going to be huge. It’s simple, informative, and most importantly, effective. Setting up a Poll is a breeze, enter any multiple choice question (can be as simple as Yes or No), then enter in the response choices, and pick your target audience. That’s it. Now sit back and collect the results.

Example: One of our Social Media experts recently posted a Poll inquiring, “How many Business Social Networks are you currently on?” Within one hour the poll had collected over 25 responses! There are a lot of great market research tools out there, but it’s hard to argue against simplicity and ease which results like that! You can even filter the results by several different demographic categories.

(in case you were wondering, 43% of those who answered are only on Linkedin!)

It’s time for you to get ahead of the curve!

CNBC Teams Up With Linkedin

Wednesday, January 7th, 2009

Well if Business Social Networking was not on your radar before, it definitely should be now. Business industry giant CNBC has established a relationship with the world’s largest business social network, Linkedin.

Linkedin CEO Dan Nye outlined a few broad implications the CNBC-Linkedin callaboration will have on you:

1. On LinkedIn: LinkedIn’s rapidly growing user base of over 27 million professionals now have an opportunity to both consume as well as share with their professional network, breaking business news & content from CNBC that ranges from articles and blogs to financial data and video content.

2. On CNBC.com: As a regular CNBC.com user, you’ll start seeing LinkedIn’s community and networking functionality integrated on CNBC.com (for e.g. sharing CNBC articles with your professional network on LinkedIn or finding out who in your network connects you to the companies you read about).

3. On CNBC: Community-generated content from LinkedIn will also be broadcast on CNBC programs. These include survey results and on-air Q&A with CNBC anchors, reporters and guests.

Hopefully the involvement of business powerhouse CNBC in Business Social Networking helps convey the utmost importance for such business practice in today’s world.

In just a short time every business person you meet will be taking advantage of social networking. Stay a step ahead with Social Harbor, before the next industry giant joins in and blows the lid off this emerging marketing tool.