How Social Media Marketing benefits your business

Social Media is probably the widest used platform on the internet. There are so many different platforms to choose from, and they all have millions of people using them every single day. For many of us, social media is the first thing we log into when we get up in the morning, and the last thing we check before we go to bed at night.

Social media sites can be accessed by any device that has an internet connection, including PCs, mobile phones, tablets etc. Some of the most popular sites are Facebook, Instagram, Twitter, Pinterest, LinkedIn and Snapchat. It’s a huge advantage to any business, big or small, to be on some of these sites in order to grow business, and social media marketing is a bit part of that. 

So, what are the benefits of social media marketing?

The Time Factor

It can take as little as an hour a day to increase traffic to your sites, make sales and get your brand out there. Social media gives a massive amount of exposure to your business and social media sites are an important part of any marketing plan.  

Create social media profiles for your business on your chosen sites and start engaging with potential clients. Invite your friends, family, employees, business partners – in fact anyone you know, to like and share your page. Just having people interact with your page and your content will increase your brand awareness and start to build your brand reputation.   

More traffic

Social media marketing – posting and engaging with your followers – will help you reach many more people than if you ignore social media. Every single time you post, you are giving your business another opportunity to get a new customer. Join more than one social media site, as different platforms serve different people and different ages. Different people search differently and also like different types of posts, so mix it up with your posts – don’t stick to just selling. You also need to engage, entertain, educate and inspire your followers. The 80/20 rule is useful – 80% engaging, entertaining, educating and inspiring and 20% selling.

Social Media also gives you access to followers from all over the world, and engagement at all times of the day and night.

Search Engine ranking

Search Engine ranking

You will get seen more on social media, but of course, there is more to it than just posting every day. Search Engine Optimization is also important to get your page ranked higher with search engines, such as Google.

To give your business the best chance to be seen and found, create good quality content, use keywords and phrases, and use good quality images.

If you write a blog, share it to your social media page, do video, infographics, include the odd case study and give business information. Don’t forget the fun stuff too – show where you work, your hobbies, employee photos, stuff you do at weekends or for charity. This all helps to not only improve your ranking, but goes a long way to show that you are human and real to your customers.

Conversion

Once your business is more visible, you’ll have more opportunities for your posts to convert into customers. People like to know who they’re buying from, and social media allows them to see your personality, to engage with you on things other than business and have a little insight into the person you are outside of work. People prefer to deal with real people, so social media serves this purpose. The more of an impression you make on a new follower, the more likely they’re going to think of you when they need what you offer.

Customer satisfaction

As the name suggests, social media is about being sociable. It’s not just a business networking platform, it’s also a communication and social network too. When customers comment on your posts, make sure you reply and try to strike up a conversation. Showing that you reply to each comment personally proves to your customers that you care and value their opinions. This gives them a good customer experience and so they’ll be more satisfied.

Sometimes you will get a complaint or get asked difficult questions. It’s even more important to answer these comments – don’t ignore them. The fact that you take the time to respond publicly to a complaint or question will make the customer see you in a much better light, especially if you can turn it around and make the complaint into a compliment!

Brand loyalty

We all want to have shed loads of loyal customers who love what we do , how we do it, and who want to come back and buy from us time and time again. Social media can help with that. Customers love social media and love to interact with the company they’re buying from – they often see social media as the place they can communicate directly with you and your business. And research has shown that customers are more loyal to brands that directly engage with them on social media.

When customers see you engaging with your followers, they’ll start to see you as an expert – and regularly posting different kinds of posts makes you also appear credible. Interacting with customers shows you value them, and care about them. This will result in them recommending you to family and friends, they’ll mention your business on social media and, if they see someone asking for what you supply, they’ll put your business forward.  

 It doesn’t cost much

Social media marketing is probably the most cost effective form of marketing. You can join all platforms with a business page for free. You can post, engage, get new customers, and interact with them…all for free. It’s only when you decide to advertise on a platform that there is a cost, but the costs are really quite low compared to other forms of marketing.

Being on social media and having a huge following with loads of customers for free, gives you a bigger budget for other kinds of marketing or for investing in your business.

Market insight

This is one of the best things about social media. You can monitor and measure the activity on your sites – using the page’s insights. By interacting with customers and looking at how they react to your individual posts, you can gain valuable information about your customers.

You can find out what their interests are, what their opinions are, what they like and dislike. All information that can help you understand your audience and what they want from you.

Be an expert

I touched on this briefly earlier, but by posting well written content, quality images, and video etc., your audience will start to look to you for information and you will become an expert or leader in your particular field.

Social media platforms are the idea place to set yourself up as an expert. Being able to directly speak to your customers also creates a rapport with them, a relationship that you will both value. This could lead to you becoming an influencer.

Conclusion

Social media marketing needs to be done correctly and consistently. If you follow all the points mentioned in this article, you will find that you increase your brand awareness. Your followers will see you as an expert, will enjoy the interaction they have with your business and they will become loyal followers and customers

Don’t underestimate the value of Word of Mouth Marketing

What is Word of Mouth Marketing?

Word of Mouth Marketing seems like a pretty obvious one, but it is absolutely crucial to your business. It’s when your customer’s interest in your products or services is spoken about in their daily lives. In simple terms, it is free advertising generated by the experiences that your customers have with your business. This can be anything from a great customer service experience, where you have gone the ‘extra mile’ to help them with a problem, or maybe solved a problem they didn’t realise they had. Something extraordinary, or just a product or service that they are really pleased with and want to tell their friends and family all about it.

It really is one of the most powerful forms of advertising as 92% of consumers trust their friends over traditional media, according to The Nielsen Global Survey of Trust in Advertising.

Word of Mouth Marketing (or WOM Marketing) includes viral, blogs, emotional and social media marketing.

Example of WOMM

WOMM is all about creating a buzz around your business – your products or services. The more you interact with your potential target market and with your existing customers, the more the name and reputation of your business will spread. It kind of creates a snowball effect. For example, say you own a restaurant. You create a comfortable atmosphere, the food is great, the service is exemplary, BUT, not only do you do that, you make every single customer feel special. Their dining experience is perfect because you have gone above and beyond to exceed their expectations. When they leave the restaurant, they will leave a review on your social media site; they might tweet about the fabulous service they received, about what a great place it is to eat and what a wonderful time they had. That’s great, but the snowball effect is that they will not only leave a review or tweet, they’ll also talk to their friends and family about what a great night out they had, and tell them they ought to try out your restaurant. This is part of the ‘creating a buzz’ scenario. And this can be followed up by you…

ALWAYS reply to reviews and feedback; thank customers for their comments and say how pleased you are that they enjoyed their meal at your restaurant. If you have a website, point them to the website to sign up to your newsletter, so they will be informed when you have special events on, (you might have live music nights, for example or do a special ‘Curry night’ or ‘Chinese night’). And advertise these events on your social media pages for those that don’t choose to sign up to a newsletter, (they’re not for everyone)!

Ask your customer who has left a glowing review if you can use it for your marketing. Share the review on your other social media sites, website and in your newsletter as ‘proof’ that your place is the best! If you get some really glowing reviews, you could ask the customer a few questions about why they enjoyed that particular evening – what made it special for them? Then you could turn this into a mini case study as to why your customers enjoy your restaurant…and give your customer his five minutes of fame, whilst at the same time making him feel very valued and that his opinion really does matter to you.

It’s all about TRUST

If a customer feels that he or she is listened to and valued, they will start to have an emotional bond to a particular business. This is the reason that most large Corporates have a whole team of people, who talk to their regular customers to discuss products, either with a personal visiting service, via a review of products the customer has (insurance products for example), or on the telephone. This works well as the customer feels that the company cares about them and is interested in what they are likely to do next in their lives. Let’s face it, this kind of interaction is not only to make sure that customer has the right insurance products, it’s also a fact finding mission to find out if there is anything else that could be sold to them in the future. But the point is that the customer feels that the company they have chosen cares about them.

No matter how big or how small your business is, TRUST is a huge issue and one that needs to be nurtured with every customer you have. If they trust that you have their best interests at heart, that you genuinely care about them and value their opinions, they will be loyal to you and will always be willing to try out new products or services that you offer. And, they’ll tell their friends that you have a new offer going on!

Can’t I just make up some great reviews?   

Yes, of course you can, but this wouldn’t really achieve very much as you won’t have that real person going around telling their friends all about you. It may help you attract new business, but you’re starting off from a deception. There is an official body in the USA that has crafted a code of ethics for the industry.

“The Word of Mouth Marketing Association (WOMMA) is the official trade association dedicated to word of mouth and social media marketing. Founded in 2004, WOMMA is the leader in ethical work of mouth marketing practices through its education, such as WOMMA Summit, professional development opportunities, and knowledge sharing with top industry marketers. WOMMA’s membership is made up of the most innovative companies committed to progressing the word of mouth marketing industry through advocacy, education and ethics.”

https://expertfile.com/organizations/WOMMA-Word-of-Mouth-Marketing-Association

The word of mouth marketing strategies they promote are “credible, social, repeatable, measurable and respectful” and there is no tolerance for dishonesty.

How is WOMM different to referral marketing?

Word of Mouth Marketing is about creating that buzz, no matter what kind of business you have, how big or how small you are, or the kinds of products or services you offer. The more you engage with people, the more the name of your business and your business ethics will spread. It’s all about the snowball effect.

Referral marketing, on the other hand, is a more focused and targeted marketing media. It focuses your attention on a specific person to actively encourage that one person to refer their friends. It is a segment of WOMM, but it’s a more proactive way of generating new customers. You have control over the whole referral process to convert a particular customer to buy your products or services. This could be through the use of funnels, for example.

How to do WOM Marketing

Engage with your customers and potential customers, not just collect them. You might have hundreds, or even thousands of followers on your social media account, but are they all interested in what you do or sell? Or are they just there, not really interested, but more of a ‘follow for follow’ basis? Do they interact with what you post? Do they feel that connection with you? It’s about building engagement, building a relationship with followers that are genuinely interested in what you do and feel a connection to your business. The more passionate they are about you, your business, your products, your services, the more likely they are to share what you do, share your posts and tell people about their experiences.  

 

If you set yourself up a strategy, there are things you can do to increase the WOM around your business…things like a partner programme, affiliate marketing and using reviews.   

Your biggest marketing asset is your existing customer base, so create something worth talking about and encourage your existing customers to talk about it too.

  • People trust their friends and what they have to say. Ask customers to refer a friend…you can give incentives to encourage that. For example, refer a friend and get 10% off their next order or get a free gift.  
  • When a customer has bought something from you, or used your services, ask them to leave a review.
  • From the reviews that you get, identify something about your brand that has the possibility to generate a buzz or create something new that will generate that buzz.
  • Get your existing customers on board – you could create a competition, with the winner receiving your new product or service.  

Word of Mouth Marketing is a free and easy way to promote your business, but does take a bit of time and hard work. Gaining trust and engagement with your business is a two-way street, but when it works, you will have meaningful relationships with people who will become your best brand ambassadors.

SEO and Social Media

Do you take the time to promote your content on social media, such as Facebook and Instagram? Do you hope that this will boost your search engine rankings?

There are experts out there who think trying to boost your search engine rankings this way is a waste of time. However, there is a link between social media and Search Engine Optimization (SEO), but it isn’t very clear unless you try to understand the relationship between the two. I’m going to have a look at what you need to do to get search ranking from your social presence…and so bring traffic to your website.

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According to Google, social media is NOT a factor that directly affects your SEO ranking, but there is evidence that things like ‘likes’ and ‘shares’ are somehow related to your ranking. However, social ‘likes’ and ‘shares’ are definitely a direct ranking factor for Bing…go figure!

How does social media affect SEO?

Let’s say you write a blog and write a sentence about your latest blog and post the URL link to it on your Facebook page.  It gets lots of likes and shares. Social media is built for people to share content, so the more people that share it, the more visibility your post will have. If friends of friends see your post and then click on the link to your actual blog (the URL), this will take traffic to your website or blog site, so they are linking to your site and it’s that linking to your site that is a major factor in SEO ranking. I know…a bit confusing!

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So how can you optimize your social media for SEO?

  • First of all, do you have several social media sites…Facebook, Twitter, Instagram, Pinterest? Make sure that you have a consistent profile image so you are more recognisable. Complete all the profile or bio section, making sure it is totally relevant to your business, whilst being attractive enough to appeal to your audience. Include a link to your website and, if you have a newsletter sign up page/opt-in or a particular product campaign on the go, do a link to that too.
  • You hear this all the time, but it is so important…be consistent with your posts and post regular updates. This will be different depending on what social media site you use, for example on Twitter you need to post several times a day, but you don’t need to do this with Facebook or LinkedIn. So post according to guidelines for each different site.
  • Create great posts. Use eye-catching images/photos that attract attention, craft a good catchy headline and actually ASK for a share. This is good optimization and it has been proven that these techniques work.
  • The question I’ve been asked a lot lately is around the use of hashtags. Can they help with SEO? Hashtags are keywords, so yes, they can help to categorise your content and help social media users find it. But, hashtag use is different on every social media site…they are used extensively on Instagram, for example, but not so much on Facebook, although it is becoming more popular.
  • Take a good look at your website and ensure that your website content is optimized for social sharing. Here are a few tips to encourage visitors to share your content.
    – Create quality content with a great headline
    – Optimize content keywords
    – Include eye-catching images/photos
    – Make sure you have a call to action
    – Add social media sharing buttons to all your content – if you make it easy for people to share your content, they are more likely to do it.
    – Videos are huge at the moment and show up in search results, so introduce the odd video into your content.
  • Don’t forget about all of the above – it’s not enough to do it all and then walk away and leave your sites to their own devices. You need to constantly be there to engage with people who comment on your content – answer any queries, comment on their smartphone-1894723_640comments and respond to any reviews you get. You can also connect with influencers related to your content – like and share their content, make comments on their pages. If you belong to groups relating to your niche, take part in conversations, give advice, answer questions – interact with people. Your responses and interaction help social media algorithms recognise that your content is active, which in turn, improves its reach. And KEEP POSTING – social media moves very quickly and it’s easy for posts to get lost among all the others.

Like everything else when running your small business, social media is a crucial part of getting your messages, services and products out to the masses. It takes time and effort to make it successful, but stick with it and it will work.

Now, please share this article if you have found it useful and take a look at my other blog posts to find more articles to help you market your small business.