Social Media is now more than a bonafide
platform for advertising, promoting and exposing businesses, new and existing;
large and small to target customer groups.
It has the capacity to reach diverse customer groups and potential
customer groups worldwide. But which
social media platform really suits your business?
As with other traditional and
non-traditional marketing platforms, the response to this question is dependent
on who your business is trying to reach, with what product or service, the
price point and the customers’ propensity to buy.
Before putting your business on social
media, it is advisable that you familiarize yourself with the platforms and find
out the likely audiences that you can reach using each platform. This initial step will also help you to make
a determination as to where your time and money will be spent, so that you maximize
your business’s visibility and spend; and not spread yourself too thin.
The following is a compilation of the most
popular networks and some suggestions on how you can use for your business:
Facebook
Undoubtedly the most popular of the social
networks, Facebook reports that as at January 2017, there were 1.79 billion active
users. Facebook is the easiest social
media platform to use. It allows
individuals to keep in touch with family and friends as well as to find long
lost contacts. It is this unique feature
on which businesses capitalize when using this social space. Because of Facebook’s very nature,
individuals will always be active on this medium therefore businesses,
celebrities, brands, professionals all use the opportunity to promote, engage
and increase their visibility.
Instagram
If your business can tell strong stories in photo
or video, Instagram is the perfect platform for you. With 600 million active users monthly;
businesses that are in art, fashion, travel or food can thrive in this space. The statistics on this platform are staggering
but importantly you should know that 48.8% of brands use Instagram for
promotion and this is set to rise to 70.7% in 2017. Will you be among those brands?
Just two other things to note, Instagram
users ‘like’ 4.2 billion posts per day and 75% of Instagram users take action,
such as visiting a website, after looking at an Instagram advertising post. Let that sink in…
Twitter
While not as wildly popular as the two
previously mentioned, Twitter has a unique capability with its ‘retweet’
feature. If a tweet is retweeted often
enough, the message being sent could go viral… and in marketing, going viral is
a great thing. Twitter also allows you
to mention individuals and companies by name if you want them to see and
retweet your ‘tweet’. It is also a great
platform to use if you are running a poll or to provide an update for your
business… it is only 140 characters but used wisely, it could reap significant
benefits.
YouTube
Of all the platforms mentioned, YouTube is
the only completely video based platform.
With 1 billion monthly users monthly, it provides a dedicated platform
through which your business can send its recorded message. Each user is assigned a channel and that
channel can be shared among your customer group so that they can watch for
updates on your channel. Once an
individual subscribes to your channel, they are automatically notified of
updates/addition to the channel. If you
choose not to, your business does not have to have a channel but an alliance
with vloggers or YouTubers can provide exposure for your business as they have
large, engaged audiences.
Of course, these are not all the platforms
available. Other social media sites
include LinkedIn, Tumblr, Pinterest, Periscope and Snapchat. These too are popular with a combined audience
of over one billion monthly users. As
stated at the onset, the emphasis with social media marketing, as with all
other forms of marketing, should be on the achievables. Look at each social media platform and based
on their offerings, choose the one best suited to your business.
Once you have made a selection, ensure that
your advertising message is properly targeted so that the right audiences are
reached.
Sources:
www.statista.com and www.businessnewsdaily.com