Social media makes a huge difference in your marketing strategy. It is undoubtedly the most popular way to advertise your brand. According to We Are Social, 3.48 billion people all around the world are active on social media. This number is growing fast as well. So, what’s the importance of social media marketing? Everyone is using social media. That includes your potential customers and competitors. Social media is a great tool. You can be advertising through social media. It is also good to remember the social media benefits go far beyond only sales. Today we are going to break down the benefits of using social media for marketing. Read this article to see how social media and marketing go together and how your brand can benefit from social media and marketing. The million-dollar question is, how well you use social media for marketing?
Top 15 Benefits of Social Media Marketing
Here is a list of the top 15 benefits of social media marketing for your businesses.
- Increased Brand Awareness
- Cost Effiency
- Showing the Human Side of Your Business
- Increased Web Traffic
- Boost Your Sales
- Partnering with Content Creators
- Get Better Search Engine Rankings
- Customer Satisfaction
- Improved Brand Loyalty
- Become a Leader in Your Field
- Possibility to Go Viral
- Sourcing Content
- Crisis Communication
- Keep an Eye on Competition
- Hear About Industry News
Increased Brand Awareness
Today’s social media is huge. With half of the world’s population using social media platforms like Twitter, Facebook, and Instagram, you can create a cost-efficient digital marketing method. Since you will be face to face with a broad range of consumers, your brand name will be out there. In other words, with almost everyone using social media, you can use social media for marketing your brand to a bigger audience. And not only that but you will be able to interact with your customers. This is another important point that we will talk about later.
Social Media Marketing Is Cost-Efficient
Perhaps one of the biggest benefits of social media marketing is that it is cost-efficient. You can cut your marketing cost without sacrificing results. It is certainly cheaper than renting a billboard in a crowded city or advertising on television. Social media marketing is also time-efficient. Most of the traffic comes from creating content and taking your time to have conversations with your followers. However, this can be done in a time-efficient way. In fact, according to HubSpot, 84% of marketers were able to generate increased traffic with as little as six hours spent on social media per week. This makes social media a cost and time-efficient way to get results.
Show the Human Side of Your Business
Brand humanization is incredibly important if you want to improve your brand awareness. Your customers need proof that you will deliver and will not take your word for it. To do that, you will need to humanize your brand. Besides, humanizing your brand means people will not only be buying but also talking about your brand. Social media is a great tool to humanize your brand.
The ability to create real human connections is perhaps the biggest advantage of social media. You will be able to show your followers who make everything possible in your company and how the existing customers are benefiting from your products. Showing the importance you put on your employees and customers will build trust. Trust can, in turn, drives new business.
Increased Website Traffic
Social media also has a variety of benefits for your brand’s growth. Social media posts are an important way to drive traffic to your website. For example, you can share content from your website or blog on social media as a sure way to bring traffic to your website.
Social media also has the unique ability to create conversations. You can take part in these conversations with your customers. This is a great way to increase your visibility, get attention, and show your expertise to your potential customers.
Of course, you will have to include your website and blog addresses in your social media profiles.
One of the social media benefits is that it can give a certain boost to your sales. Today there are a lot of people who use social media platforms like Pinterest and Instagram to choose a certain product. With good advertising and marketing, you can get a comfortable boost in your sales. There are also countless affiliate marketing options both for brands and content creators.
Social media in marketing is already an important part of marketing your products; however, as the number of people on social media continues growing, it can only become more and more important. Today almost every large brand uses social media to its benefit, so what is stopping you from using the benefits of social media marketing for your brand?
Partnering With Content Creators
We briefly talked about affiliate marketing on the last entry. Partnering with influencers and content creators is another benefit of social media. Recommendations from friends, family, and especially influencers and role models play a huge role in consumer decisions. As more people began talking about your brand, you will be able to get more exposure and create credibility. This will help you boost your sales.
One way to make sure you are getting the most out of social media when it comes to marketing is to partner with influencers, people who have a massive following on social media. There are countless types of sponsorship deals and affiliate marketing programs available for brands.
It’s a Great Chance to Get Better Search Engine Rankings
Social media sites will also help you get better search engine rankings. You should already be optimizing your website and blogs for search engines. Although social media use doesn’t directly increase search engine rankings, it is evident brands using social media get pushed further up in the search results.
Being able to rank higher will result in your website being shown first on search engines, and this will surely generate more traffic to your website. If your search engine rankings are not enough for your needs and your page isn’t shown on the first page, you should think about optimizing your SEO.
Better Customer Satisfaction
Social media platforms are a great way to connect with your customers. When you interact with customers on a one-to-one basis on the internet, this creates loyal customers. One of the most important jobs of your brand is to be able to talk to customers. We all heard the expression “Customer is always right.” Social media makes it much easier for you to talk to your customers.
In today’s market, customers want unique responses and not just automatically generated answers from your company. A lot of big brands like Wendy’s today utilize social media platforms like Twitter. Wendy’s tweets were trending at some point. These are all good strategies that you can use to your brand’s advantage.
Improved Brand Loyalty
We briefly touched on brand loyalty in our earlier entries. Brand loyalty and customer satisfaction go hand to hand. With that being said, brand loyalty is an important tool that you have to use. Hearing your brand from family and friends plays a huge role when your customers decide to buy something. By interacting with your customers, you will be able to build up trust and get loyal customers. This, in turn, can bring new customers as your already existing, loyal customers will be talking about your products.
Become a Leader in Your Field with Social Media Marketing
Posting well-written content on your social media accounts is a great way to become a leading brand in your field. You will be able to show your expertise while advertising your products. Though there is not a sure way to become a leader in your field, social media can be a great tool if you want to create industry-leading content.
Social media sites are huge, so it is naturally easier to get more exposure. In today’s social media, you can share your opinions much easier and get a huge response.
You Can Go Viral
One of the best things that can happen to your brand on social media is, your content can go viral. We have seen a lot of viral content and internet celebrities in the last few years. A good example of this would be the Twitter response of some of the larger brands.
Going viral today is a bit random, though it is good to remember you can go viral with a good strategy on social media platforms. You will be able to follow trends and post accordingly in no time.
Another thing you can do with social media is to source content. There are many ways brands use, like online polls, content creation contests and giveaways using hashtags, and many more. You can always use new ideas, and social media is a great way to see what your customers think, what they want. Social media became the biggest marketplace for these ideas.
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You can also gather information about your customers, and social media makes it all easier. Public polls used to be the only way to gather data about your products; now, we are living in the age of the internet. You can easily post something on your social media profile, and your customers will respond to you in no time!
Social Media Helps With Crisis Communication
Do you have a plan if something goes wrong? It is true for smaller brands; a crisis might not be as big as some of the larger brands. Yet, it is always a possibility. In these situations, silence is unfortunately not an option. You have to be out there, talking to your customers. Social media makes it easier for you to manage crisis communication.
After all, social media being as huge as it is now, your response will be seen by many people. You will be able to convey your message to a wider audience.
You Can Keep an Eye on Competition
As we briefly mentioned in the beginning, everyone is on social media today. This includes not only your customers but also your competitors as well. Social media is a great tool if you want to see what your competitors are up to.
You can track mentions of your competitors and see their weak points. You can then address these on social media to gain new customers. Monitoring your competitors also means you will be able to see when they release a new product, start a new campaign.
Be the First One to Learn About Industry News
Learning about your industry is as important as keeping an eye on your competitors. You will need to hear any news regarding your industry and act accordingly. Social media not only makes this process possible but also makes it incredibly easier.
Your brand can’t risk being left behind, and often this news is big enough to affect how you conduct business. Social listening comes in here. You will need to use social media to be informed about all this news.
Benefits of Social Media Marketing Briefly
Social media is a great tool for marketing. We tried to show you, our readers, just how much of an impact the benefits of social media have on brands. You can use social media to up your marketing game and use this article to your benefit!
Now for today’s question, how well do you think you use the benefits of social media marketing for your brand?