News: Front Section

Social media: To Automate or NOT to Automate? That is a Question...

It seems that every social media discussion I have with business owners or marketing directors who are on the fence about "diving in" inevitably ends with this question: Can we automate our posts? My answer to them is definitively, NO! Social media is meant to personalize a brand. How can that happen if you use a robot? Unless that robot is IBM's Watson, who famously beat the two best humans we threw at him in last years Jeopardy tournament. Another important reason not to automate your posts is Facebook's Edgerank algorithm. Facebook gives automated posts a zero "affinity score" which means that your post will not help you reach more news-feeds of those that subscribe to your brand. Subscribers and those that "Like" your brand are much more inclined to engage with your posts if they know that someone (a human) is going to engage back with you. Say you are being called by a telemarketer and it is an automated call (one of the worst things by the way), how fast do you hang up? On the other hand if that is a person making that call you at least hear them out before politely declining to purchase what they offer. One has zero engagement while the other at least minimal engagement and a chance to close the sale. In conclusion, the time you save to automate your posts is not worth the cost of engagement. When posting and using social media your first and only thought should be: how does this post get the most engagement, and not, what is the easiest way to get it done? Eric Wilson is special projects director at The New England Real Estate Journal, Norwell, Mass.
MORE FROM Front Section

Newmark negotiates sale of 10 Liberty Sq. and 12 Post Office Sq.

Boston, MA Newmark has completed the sale of 10 Liberty Sq. and 12 Post Office Sq. Newmark co-head of U.S. Capital Markets Robert Griffin and Boston Capital Markets executive vice chairman Edward Maher, vice chairman Matthew Pullen, executive managing director James Tribble,
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Quick Hits
Columns and Thought Leadership
Make PR pop by highlighting unique angles - by Stanley Hurwitz

Make PR pop by highlighting unique angles - by Stanley Hurwitz

Coming out of the pandemic, a client with three hotels in Provincetown, Mass., needed ways to let the world know his properties were open for business for the 2021 tourist season.
Four tips for a smooth 1031 Exchange - by Bill Lopriore

Four tips for a smooth 1031 Exchange - by Bill Lopriore

Many real estate investors do not understand the specific requirements that must be met to secure the benefits of a tax-deferred 1031 exchange. For example, the replacement property must be identified within 45 days of the closing date of the relinquished property.
How COVID-19 has impacted office leasing - by Noble Allen and John Sokul

How COVID-19 has impacted office leasing - by Noble Allen and John Sokul

To say that the effects of COVID-19 has transformed office leasing is an understatement. When COVID-19 was at its peak, office spaces were practically abandoned either through governmental mandates or through actions taken by businesses themselves.

Five ways to ruin a  Section 1031  Like-Kind Exchange - by Bill Lopriore

Five ways to ruin a Section 1031 Like-Kind Exchange - by Bill Lopriore

While there is some flexibility when structuring a like-kind exchange, some important requirements must be met. A mistake can ruin your exchange. Here are five mistakes to avoid: