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How does Social Media Marketing Impacts Business Growth?

Home / Article & Blogs / Salesforce / Marketing / How does Social Media Marketing Impacts Business Growth?
By Narendra Edara inMarketing, SEO

Introduction

Social Media Marketing is a strategy that is almost getting equally, and in some cases, dominating the most famed massive public engagement platforms Press and News Media Channels, which were the fourth estate of legislative. Social media marketing is a successful technique for businesses of all sizes to engage with potential customers and clients. If you’re not using social media sites like Facebook, Instagram, and LinkedIn, you’re missing out on the opportunity to learn about, follow, and do business with brands. Effective social media marketing can help your business to experience remarkable achievements by generating loyal brand supporters, leads, and even purchases.

How To Plan an Effective Social Media Marketing Strategy?

Every business will have a different perspective on its social media marketing strategy plan depending on its industry and geographic location. Let’s discuss a few social media strategies that all businesses should consider, irrespective of their target market.

1) Know Your Audience: 

Firstly, know your audience. What are the platforms that they use more? What type of content do they mostly follow? What kind of information do they search for? And many more. Analyze and pick the right and most accurate platforms that suit your business and maintain them on a regular basis.

2) Brand Recognition: 

We must ask ourselves: What message are you trying to convey to your audience? How do you want them to feel? Which activity will make your brand more noticeable? By thinking about these questions, you’ll get better solutions.

Branding strategy should be eye catchy, noticeable, innovative, and recognizable.

For Example: 

When we think of a biscuit, we will recall the fine Oreo advertisement featuring a young girl and her father savoring a biscuit dipped in milk and cream.

3) Content Strategy:

A content strategy is a plan that uses content (written, audio, infographic, or video) to help you achieve your business objectives. The engagement of your target audience with your content will happen at every level of the sales process, and you can continue to engage them even after they’ve made a purchase or are using your services.

Even though there is some spontaneity on social media, you’ll need a systematic content strategy to have a unified voice and consistently produce high-quality content regularly.

4) Analytics: 

Measurable insights can guide your strategy by helping you identify your target audience, the best content to publish when to post, understand more about the demographics to focus on, and other essential factors.

5) Regular Activity: 

Social media is a believable marketplace. If you want to use it to grow your business, you must publish regularly and keep a record of interactions with your brand. We must respond to conversations, follow trends, and maintain accurate profiles.

6) Inbound Approach: 

Don’t promote your company on social media. Concentrate on improving those around you and adding value through relevant and engaging content. Obviously, as a result of this, people will promote your business.

7) 70-20-10 Rule: 

70-20-10 is a popular social media marketing rule to consider while publishing posts on social media platforms to make better connections with visitors and improve the chances of purchases and acquisitions.

8) Engage with Visitors: 

Try to create frequent engagement with customers through various activities like creating polls, using branded hashtags, asking questions, replying to comments, sharing informative infographics, ratings, and more.

How Does Social Media Marketing Impact Your Business Growth?

Social media is one of the most successful free marketing methods available today due to its extensive usage and adaptability. The following are some ways how the social media marketing impacts your business:

1) As An Active Participant

Social networking can increase the market involvement of your company as an active participant. Through your profile, postings, and interactions with other customers, your audience may come to know about your services, build trust, and will become flexible in communicating with you.

2) Boost Traffic

Social media is one of the top platforms for boosting traffic to your website, where you may turn visitors into customers through the links in your profiles, blog post links in your posts, and your advertisements.

3) Keep producing leads and customers

With features like Instagram/Facebook shops, direct messaging, call-to-action buttons on profiles, and appointment booking options, you may also directly generate leads and conversions on these networks.

4) Enhance brand awareness

Social media networks’ visual aspects enable you to develop your visual identity and raise brand awareness among huge audiences. Additionally, increased brand recognition will improve the outcomes of all your other initiatives.

5) Build Relationships

Through these platforms, you may interact with people directly, get feedback, have debates, and open up direct and indirect lines of connection with your audience.

Some Interesting Social Media Marketing Statistics

👉 More than 70% of people who have a good experience with a business on social media will tell their networks about it.

👉 On average, Facebook users click on 12 Facebook ads per month.

👉 Instagram is used by 81% of users to find products and services.

👉 When a business responds to a tweet, about 80% of Twitter users have a favorable opinion of that company.

👉 On LinkedIn, 4 out of 5 users make business decisions.

Conclusion 

Utilizing social media platforms for marketing has benefits beyond boosting website traffic and expanding your audience. It gives your business a new identity that your target audiences can connect with and interact with on a deeper level.

Social media marketing is significant for interacting with customers through social media platforms to develop businesses, boost revenues, and improve website traffic. The capability to generate purchases from specific user demographics on social media is a booming industry, filled with competition for views and clicks as social media usage rises globally on desktop and mobile devices.

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Narendra Edara
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