How would you like to increase your sales by 50% or even 100%? If you answered yes, social media marketing is the perfect solution.
Social media has become a powerful tool for businesses to connect with customers. According to Statista, ad spending in the Social Media Advertising segment is projected to reach US$226.00bn in 2022. In 2022, advertisers are expected to spend over 56 billion dollars promoting their products on social networks.
Social media platforms such as Facebook, Instagram, Twitter, LinkedIn, and Pinterest offer businesses multiple ways to reach out to potential clients. These platforms allow companies to interact directly with consumers through posts, comments, likes, shares, and other interactions.
We all know that social media is a great marketing tool for any business. The conversion rate of social media marketing is impressive. It can attract an audience and convert them into customers when done correctly. However, if you don’t know how to use social media or have a social media strategy for your business, you aren’t maximising its potential.
Social media has increasingly influenced our daily lives in the last few years. There are millions of people using Facebook, Twitter and other social networks. You could use these social media platforms to connect with millions of potential customers, partners and employees. Almost every person in the world is on at least one social media platform and is being inundated by posts daily on their social media accounts. This means you have a fantastic opportunity to use this number of people to your advantage!
This article will share three tips for using social media to grow your business.
How to Use Social Media for Business
Recently, social media marketing has been a hot topic in business. There seems to be no end in sight of how valuable and practical it can be. You can leverage it for your business with the right social media marketing strategy.
People are always coming up with new and innovative ways to utilise Facebook and other social media platforms to promote their businesses. They continue to find clever, creative ways to use the different popular social media networks as tools for advertising and to market their companies.
According to Statista, 36% of U.S. social media users have used Instagram to follow brands and companies in a recent survey. The platform’s appeal can explain its focus on visual content to younger audiences. While Facebook accounted for 23% of brand content interactions on social media in the United States in 2020, Instagram’s share rose to an impressive 67%, making it one of the most powerful channels for brand advocacy. In 2019, The Shade Room was the leading U.S. brand on Instagram, with close to 2.7 million likes and comments. Since then, the app has taken social media commerce to a new level by adding a shopping tab to its navigation menu. Whether this step resonates with audiences is yet to be seen.
According to Statista, as of January 2021, Nigeria had approximately 33 million active social media users. WhatsApp is the most popular platform used, with over 90 million users. Nigeria’s most used social media platforms were Facebook, YouTube, and Instagram.
Statista says that as of January 2021, they found most social media users who advertising firms might reach in Nigeria on YouTube. YouTube’s addressable advertising audience amounted to approximately 31 million people. Facebook followed directly with 29 million users, whereas Instagram, which ranked third, had 8.4 users who the advertising might reach.
The question with social media marketing is, where to start? How can you harness the power of these platforms to benefit you? How should you use them for your business?
Understandably, the first instinct for many businesses is to open up a Facebook page or establish their own Twitter account and start posting. But before you dive deep into any of the myriads of social platforms, it’s essential to read this article that I’ve packed with three tips on how to use social media effectively for your business.
Whether you are an individual looking to take your blog from zero to hero, or a business looking to change your social media strategy for the better, this article below will give you some expert advice.With the right social media strategies, you can exploit opportunities that don't exist in other media. Click To Tweet
1. You Don’t Need to Be on Every Network
Social media for business! Does it work? Can you use it effectively for a small business?
I certainly think so, which is why I’m fascinated to dive into how this works in this blog post. The one question I always get asked by people who own businesses is, “Should we be on social media?” My answer is a resounding YES. They often ask me, “Should we be on every social network?”. My answer is a resounding NO.
There are so many social networks available to small business owners that it may be overwhelming. According to Wikipedia, over 250 social networks worldwide, and thousands of businesses use many. But are they worth getting involved with? Or are they too complicated? This article will explore three ways to use social networks in your business to boost results.
It is an effective advertising channel to expand your reach and brand, but you don’t need to be on every network. You can be active on professional networks relevant to your industry, even if you don’t have a large audience or influence. This is why you need a social media strategy.
If you work for yourself in your spare time, there is no need to be on every social network. Instead of getting sucked into a whole new group of people on social media platforms who don’t know you or your business, consider the pros and cons of each network and decide which is best for you. It’s easy to get sucked into seeing what your friends post about what product you should be buying. But how can you grow your business by chasing after things that aren’t even relevant? Or can you get more news or info about something that every brand is talking about? Don’t be the Instagram Stories or Pinterest model or influencer. Be yourself, and don’t get distracted by other people’s vain news updates.
As business owners/marketers, we should check social media platforms for new products and additional information and insights on competitors. But remember that you don’t need to be constantly active in them. Simultaneously, while there are groups and networks you want to be included in to gain more customers, it isn’t worth spending time with them if you will not be a part of the conversation. It will help to conduct a comprehensive competitive analysis.
It can be a valuable marketing tool even if you’re not all over the web because of your budget. Active Facebook, Twitter, LinkedIn, Instagram, Pinterest, and other social media accounts can help boost your company’s reputation and revenue. But like everything else in business, it only works if you embrace it and know how to use it.
Not everyone has the same hobbies or goals, so it is easy to feel like you don’t have time to spend on social media. It is not a fad as some people think. When you make an effort to use it correctly, i.e. with a social media marketing strategy, it can lead to improved customer service and new customers for your business and a rebound effect.
2. Contribute Relevant Content
Add value to your follower’s life by contributing the type of social media content that effectively shares your expertise, helps others, and builds connections. You’ll spread the word about your business, whether it’s through an introductory blog post, white paper, or free e-book. There is no ceiling to how many followers you can grow in your online community. With the right social media strategies, you can exploit opportunities that don’t exist in other media. This includes discovering new audiences and converting existing fans into valuable supporters and advocates on your social channel.Social media sites are a cost-effective way to spread the word about you, your business, or an idea you have with your follower or target audience. Click To Tweet
Social media posts and ads are key ways to drive traffic to your website and make a sale. Sharing great content and stories from your blog or website to your social media channel is a great way to get readers when you publish a new post. Taking part in social chats like the weekly #HootChat on Twitter can also be a great way to increase your visibility in social feeds, get attention from new people, showcase your expertise, and drive traffic from your social channel to your website.
Your social channel is excellent for your business to connect with customers and prospects. One of the best ways to leverage it is to set social media goals and create relevant and valuable content. Adding relevant hashtags to your posts will significantly help reach your audience. Last but not least, this approach also gives you something back for the time you spend building relationships through social media.
Social media is a powerful marketing tool. People like to be around people they know, so if you help them be aware of what’s happening in your industry by sharing relevant content on your profile, they’ll be more likely to connect with you on other platforms.
By creating search engine-optimised types of content, such as video content around a topic, you will improve your engagement rate, attract people to visit your website, and encourage them to write reviews or leave comments.
Businesses can build trust and customer loyalty by engaging potential customers meaningfully using a single dashboard for all their social media marketing. You can include any enjoyed social media posts in your social media profiles. By creating an engaging environment, brands can engage with customers online about their products and services.
A social media presence is becoming increasingly important in marketing for businesses. Whether you’re a small niche shop or a global corporation, social channels help you connect with customers or influencers. This increases sales and helps establish your brand. Use social media to promote your products or services and engage with peers.
3. Use Social Media to Develop Business Relationships
You can build business relationships with prospects or potential customers through your social media presence. It is also perfect for your business to use social media to develop brand awareness with your target audience. Companies have specific goals they would like to achieve or avoid, and they can accomplish this by using social media to allow them to connect with their customer in a way that helps both parties make money.
Social media sites are a cost-effective way to spread the word about you, your business, or an idea you have with your follower or target audience. It allows you to build a genuine community of people who will help promote and support your business. Using social media strategy for business, you develop relationships with key decision-makers in your target market while building trust and credibility. Because most social media is live, you can be more direct in your message and get more engagement from the customer you want to connect with.
Using social media offers unique opportunities. You can build trust and establish positive relationships with people who support you as an individual and business. For example, using Instagram to connect with local businesses can help your business connect with new customers and existing ones. This means building relationships beyond the mere exchange of business cards. How? Sharing content will grow your brand and allow people to influence your brand through word-of-mouth. Follow these three ways to use social media for your business and set yourself up for success.Many business owners have leveraged social media as a marketing channel - even if it isn't part of their current core business plan. Click To Tweet
It is an excellent way to boost your brand, get more traffic to your website, and expand your customer base. It’s also one of the best ways to grow your business. Using social media effectively to interact and connect with potential customers in real life, you can hear their voices and see what they care about. Besides building relationships, social media communication can drive more sales and revenue by creating connections that lead to more.
You can use your social media presence for many things in business. It can help you establish a stronger relationship with your follower, customers and clientele. Using social media will increase brand awareness and help your company connect with other companies. I’ve used LinkedIn, Twitter and Facebook to create authentic connections with other people. These types of relationships lead to more business for my business.
Social media is the newest way of interacting with your customers. Businesses use it to promote their products, services, and anything else they can post. Like email marketing, social media is a great way to build long-lasting relationships with your followers and customers.
You gain access to a colossal marketplace accessible for free when you go about your business. Thanks to their peers, many companies in this marketplace are already well-known through word-of-mouth. You can use social media to build relationships far beyond your immediate circle. Take the lead from those who have made their careers from social networks and engage with them regularly. Your future business is waiting for you outside of that first post.
Social media can be invaluable for businesses, especially those with limited budgets. It allows you to connect with and grow a community of people, including customers, potential consumers, vendors, influencers and more. Social media offers a simple way for local businesses to attract new customers, drive positive word-of-mouth, and even build relationships with influential people in your community. This guide covers three ways to use social media to promote your business: as a lead generation source, providing information and inspiration, and promoting your services or products.
It has become an essential part of our lives in recent years. For businesses, it’s a way to build customer relationships and drive traffic back to your site. Best of all, many business owners have leveraged social media as a marketing channel — even if it isn’t part of their current core business plan.
How to Identify the Right Social Media Platforms for Your Business?
You should know who your customers are before you start marketing to them. You won’t target them effectively if you don’t understand how your customers use social media.
Social media is an excellent tool for businesses because it allows companies to reach out to customers interested in what they do. Companies need to know which platforms suit them and their audiences before spending money on advertising. Buyer personas help you understand who your target market is. You should know what social media channels they’re most likely to use.
To know how to identify the right platforms for your business, you need to provide answers to the following questions:
- What goals do you want to achieve with your social media marketing strategy?
- Do you want to improve brand awareness or generate leads on search engines?
- Which social media channels do your target audience use?
- What kind of content marketing do you plan to create?
- Is it more image-based blog posts, links, or video content?
- Which channels are your competitors using?
- How many social media channels can you manage?
However, to the best of my knowledge, the following platforms are great for B2B organisations (in no particular order):
And for B2C organisations, the following platforms (in no particular order) are also significant:
How to Repurpose Content For Social Media?
Do you post endlessly to social media hoping to grow your business? Are you feeling burnt out and exhausted after spending so much time creating content for each platform?
Here are 17 ways to repurpose content for social media:
- Use old images as backgrounds for quotes.
- Create evergreen content and repost.
- Compile posts to make a long read.
- Use surveys or data to create infographics.
- Convert a blog into a content upgrade, e.g. a small ebook that active users can download.
- Create Throwback posts.
- Turn a blog post into an ebook/guide/infographic/video/podcast or vice versa
- Create a round-up post
- Repurpose a blog into multiple guest posts
- Turn a blog post into a new article on Medium
- Convert a blog post or ebook into an email series/course
- Turn blog headers, statistics, and quotes into Twitter posts
- Repurpose a Quora Q&A into a blog post
- Turn a webinar into a presentation or SlideShare
- Turn a webinar into a YouTube video or blog post
- Create a Pinterest board from infographics\
- Write a blog article based on video content
In conclusion, social media is an effective tool for building relationships with potential clients and increasing brand awareness.
There are many ways to use social media. As an entrepreneur, you get to choose which ones are best for you and give the best response rate. Of course, you need to remember to balance the time and effort you spend on the platforms with the time you spend on your business. You can achieve this balance using a social media strategy template or a social media calendar. You can also use social media app for your social media campaign and set up some rules to see only what you need to see on each platform, e.g. customer feedback.
How do you use social media to expand your business? Are you targeting new prospects every time you post? Tweet me @ademolaabimbola or @mauconline to let me know.
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