how social media marketing can benefit a business
TRANSCRIPT
How Social Media Marketing Can
Benefit a Business
2
CAN IT HELP?• 73% of businesses using social media
see measurable results • Audiences can use social media on the
go via mobile devices – Increased access to information
• Not utilizing can actually harm your business– May miss opportunity to reach target market
3
BENEFITS• Active communication between
consumers and company• Further develop relationships• Easy way to learn about your audience • Target more effectively • Social via mobile devices help to
increase audience reach
4
COSTS• Always a cost; never free
– Time– Added to workload– Hiring a social media employee – Outsourcing to a marketing firm
5
MEASURING SUCCESS• Counting the number of followers is your
social media reach• Success is…
– Traffic - how many it drives to your site– Leads - how many are qualified – Customers - how many become customers
• Mobile to website
6
ROI• ROI= direct result on social media
marketing strategy • Doesn’t have to be revenue
– Can mean meeting objectives• Getting new leads• Increasing email subscriptions• Boosting customer satisfaction• Increasing social media followers • Increasing conversion from mobile users to
customers
7
BETTER FOR B2C OR B2B?• Both are effective
– B2C focus on more light-hearted, fun social media posts
– B2B use social media to share valuable industry content
8
OUTSOURCE OR IN-HOUSE?• In-house: if company has the time and
resources it needs– Knowledge of social media sites
• Outsource: if company doesn’t have all the time and resources – Lacks experience– Lacks expertise– Lacks industry insider knowledge
9
TIME SPENT ON SOCIAL MEDIA• Real-time marketing
– Positive: opportunity to reach your specific audience in real-time
– Negative: timing is everything
10
TIME IT TAKES TO SEE RESULTS• Marathon, not a race• Depends on…
– Time and effort put in– Budget– Audience– Strategy– Paid or unpaid ads
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COMMON MISTAKES • Inconsistency • Solely announcing content
– Without engaging in discussions– Not adding comments or answering
questions
12
GENERAL TIPS• Post consistently• Let passion and personality shine
through• Engage in conversations• Answer questions• Encourage audience engagement• Provide valuable content freely• Be mobile-friendly
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References • http://marketingzen.com/twenty-one-common-questions-about-social-media-marketing-answered/• http://www.freedigitalphotos.net/images/Communications_and_n_g263-Social_Media_Network__p31594.
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2942.html• http://www.freedigitalphotos.net/images/Timepieces_g190-Clock_Detail_p2578.htm• http://www.freedigitalphotos.net/images/web-analytics-means-magnifying-research-and-information-photo-
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