I was recently running a workshop about Word of Mouse Marketing using social media from blogging to microblogging, podcasting to video casting and it was heartening to see that about 8 per cent of the 140 attendees were blogging about their business.

However I then became disheartened as most of those blogs had been developed on a platform such as Blogger or Wordpress.com.

If anyone tells you that business blogging is not a significant investment of your time, they clearly are not a business blogger developing online content and implementing a link building strategy to bring traffic to their business blog.

Don’t get me wrong, blogging is a terrific online marketing strategy if executed effectively. I could think of no other way that I would have attracted as many leads to my business so cost effectively without a business blog.

However if you are going to invest in business blogging, be good to yourself… don’t have all those wonderful incoming links to your great content go to a blog that is not hosted by you.

You might think this is something that only happens for small businesses - it’s not!

A colleague of mine on a social media working group is employed as an online expert for an online insurance company, and their external consultant had advised them to develop a business blog using Wordpress.com.

I’ve even seen Marketing Directors of major companies who should know more about branding than most use a blog that is detracting from their personal brand online as they are using Blogger.

Online personal branding experts even look to encourage people to use Typepad.com as a blog platform - whilst it’s a great blogging platform that I use and recommend, if you also have a website, a Typepad blog is not going to help you with your link building and search engine optimisation strategy which is becoming even more critical as few people now move beyond page 1 of Google when searching and researching online. What do they do if they can not find what they are looking for online on the first page of their search? They change the words they are using to search with of course.

Investing a little in implementing a business blog that is hosted on your website not only makes you look like you take business blogging seriously as part of your online marketing strategy, it also means that every link to your great content is a link to your website.

That way you will be sure to benefit even more from your online content strategy buildng links to your business blog.

Do you really need a process for starting a blog? Well, not if you’re a small, one-person business and you’re the only person to answer to. However, if yours is a multi-million (or billion) dollar enterprise that needs multiple layers of approval, then the following first in a three-part series on the process of setting up a corporate blog will benefit you.

This comes from a post at MarketingProfs, so here are the highlights. For the full post and original material, read on over here.

There are three phases to the corporate blog process. 1) Investigate, 2) Create, 3) Activate. This post deals only with the investgate phase, which follows these steps:
1. Determine Goals for Your Corporate Blog
You need to to determine why you’re doing this, get baseline measurements in place and create a vision for success. See the mindmap below for more detail.

2. Assess Your Market for Blog Viability
Not every company should blog. You need to understand what kind of conversation is taking place in your market and if you can easily enter the conversation with your blog strategy. You also need to look internally to make sure that this fits with your corporate culture.

3. Map to Overall Marketing/Communications Strategy
This is critical. The blog should not be an appendage or bolt-on to your marketing. If you’re going to do it right, it needs to be integrated into the rest of your messaging and conversation.

4. Risk Profile Assessment
Ask yourself a few questions to determine how ready you are to engage in the market conversation. You’ll have sooner or later, but here are a few things to look out for before you leap.
- Have you ever personally used social media and what’s your comfort level?
- What is your company’s tolerance for risk (e.g., initiating new or untested marketing tactics, launching bold corporate initiatives, etc.)?
- How does your company normally react to negative commentary from the media?

For more, read the MarketingProfs post: What’s the Process for Starting a Corporate Blog? How Long Does It Take? [Part 1 of 3].