Social media is a promising avenue for marketing strategist because it offers potentially the largest draw for any brand, which is the large following. With over 3.5 billion active users, your brand will stand to benefit by setting up and being active on social media. The increased appeal for brands online is further enhanced by the high interest of followers in brand activity, with certain platforms having up to 80% of users following at least one brand.
Social media can be a great platform for you. It will help you grow your brand quickly and foster the development of relationships with your clients which may lead to development of brand loyalty. Here are the potential benefits on offer.
Great low cost advertising
You can market your brand for free just by joining social media and targeting some metric to help you meet your business goals. Signing onto these social media platforms is free, which means that you will not need to incur any expenses to grow your brand online. It may be difficult to achieve your goals organically, since it will take some time to develop a following and grow your brand. However, you can still achieve rapid growth through strategic social media campaigns, even if this is done completely through paid means.
A variety of paid ad options
Social media provides options for businesses that may seek other means of advertising aside from simply setting up a social media page. You can take advantage of one of many paid advertising features, which are available across different social media platforms. These paid advertising features allow you to reach your desired audiences better, increase brand awareness and boosts the performance of your posts. They may be inexpensive, with some paid ads only costing $1. You can buy Instagram followers for as low as $1. You may even consider free trials of these paid ad features to get a feel of how they might influence your social media marketing for better final judgment.
You will be better able to market your business if more people can find out about your brand. Traditional advertising is limited in this sense because it caters to users largely by a location basis, and may only be restricted to persons with access to these forms of media. The large number of active monthly users on social media includes persons finding access through both computer and mobile interface. These people are spread around the world, and may not necessarily fit in a single demographic. You could have potential clients halfway around the world. The paid ad options will allow you to target your desired audiences for even better visibility levels, which may translate to higher rates of growth.
Higher conversion rates
Conversion is the process of turning interest into the completed purchase of a product or service offered by your brand. It can be difficult to achieve desired conversion levels, with only about a 30% success rate for even the most successful social media campaigns. This may prove to be inefficient in the long term, as the high percentage of leakages and lost sales could affect the rate of growth of your brand. You can increase your conversion levels through strategic social media marketing, which places emphasis on remarketing. By leveraging interest in your brand and products, you will be marketing to a high conversion demographic. These people already have interest in your products or services, and may be more willing to trust your brand and make a purchase. If carried out on a large enough scale, your conversion levels will rise significantly.
Better personal selling
You can reach your target audience members on a personal level, which makes it easier to carry out personal selling. Personal selling involves leveraging important personal life events, and taking advantage of the personal interaction supported by social media, to increase brand awareness and target increased sales. The platform will also offer personal marketing, which is the most effective way to reach potential clients without spending any money. You can use personal marketing by taking advantage of your customers’ reviews and experiences with your brand.
Real time interaction with clients
You can engage with your followers on social media in real time, which makes it easier to offer customer support. Your clients are very likely going to use your social media platform to interact with your brand and find out more about your identity, values and products. They will expect some interaction with your brand, which may sway their trust and confidence levels in your brand. An interactive brand with timely and professional responses, even when the user has a negative comment, will attract and keep follower interest. You will be better able to grow your brand by talking to your clients. If anything, you might be able to find out more about their preferences and tailor your brand to suit their needs.
A global reach
The biggest appeal of social media is the large volume of active monthly users. There are over 3.5 billion users on different social platforms, who are spread out across the globe. This distribution is beneficial for brands with a global outlook. If you are looking to market your brand t the rest of the world, social media represents the most effective and inexpensive way to reach out to your potential clients. Social media also incorporates different languages, which allows your brand to provide content for people in other parts of the world. It is set up to facilitate global interaction, which may also be between your brand and potential clients from faraway places.
Will social media help grow your brand? If trends in brand efforts towards embracing social media are anything to go by, the answer is resounding. Even if you do not consider paid advertising options, social media will provide a range of benefits to help you achieve different business goals. Setting up on social media will help you achieve these goals quickly, efficiently and for the fraction of the cost it would require to market your brand on traditional avenues.