Social Media Marketing used to be a great way to reach even more people after initially using traditional methods. However, marketing and advertising have changed dramatically. Social Media is not an adjunct anymore; it is now the standard for all marketing and advertising strategies. Print ads and other marketing techniques are now adjuncts to Social Media.
Though many businesses are not using Social Media at all or not using it correctly, many don’t understand the power this tool has or the absolute necessity of using it has become. Not using Social Media regularly, consistently, and professionally may harm your event business and affect its growth and success.
If you are a CEO or a small business owner, knowing why you need to be on social media and how it will affect your business is essential. There are several questions you must ask yourself before you plan your social media strategy
- .What are the channels where my customers are present?
- What are the ways to target my audience on those channels?
- What are my objectives and the RoI of the social media strategy?
4 Ways Snubbing Social Media is Affecting Your Business
So it is evident how social media can immensely impact your business and be one of the most powerful marketing channels to reach out to your audience. In a nutshell, social media helps businesses in these critical areas;
1. Your Competitors Are Using It.
Whether you are a local or national business selling a product or service, your competitors are likely using Facebook and other platforms to promote their business. If you see your competitors on the sites when you use them or if your competitors promote their Social Sites offline, they will likely have an active presence with a large audience.
2. You Aren’t Taking Advantage Of The Branding And Visibility Benefits It Provides.
- Nearly 70% of the total online adult population uses Social Media.
- 8 out of 10 online adults use Facebook.
- 75% of those using Facebook use it daily.
- 55% of those using Facebook visit the site several times a day.
3. You Overlook The Influence Social Media Has On Consumer Behaviour.
75% of Social Media users made an online purchase in the past year, whereas only 46% of those who do not use Social Media made an online purchase. Facebook alone influenced 52% of consumers’ purchases both online AND offline.
4. You Aren’t Giving Consumers Access To Your Business.
Consumers want to connect with a brand on Social Media. Consumers make purchasing decisions based on Social activity, their friends’ engagement with business, reviews, etc. They want to connect with your company and engage with you to learn more. If you aren’t using Social Media, they aren’t connecting with your business, and you could be losing potential customers and even your current customers.
Many of your customers probably log in to social networks every day: take advantage of this by developing an excellent social media marketing campaign. Follow the advice given here to tap into the social media market. Soon you will use social media marketing to help your business grow and generate more sales.
What if you’re all for social media but can’t take them on? Like with any other business process, outsourcing this type of marketing is a cost-effective way of ensuring you receive premium social media solutions. Knowing which channel to use and how to use them requires expertise and experience – why not leave your company’s social media venture in the capable hands of professionals?
Outsourcing social media marketing services doesn’t mean a company disowns its brand. Finding the right social media solutions for your business is tricky and time-consuming. Still, the work will be all worth it because social media marketing gives excellent rewards.
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(Sources: http://www.nielsen.com/content/dam/corporate/us/en/reports-downloads/2017-reports/2016-nielsen-social-media-report.pdf )