In order to survive in a competitive market, you need to be aware of new trends in your industry. In fact, 72% of companies use social media data to make informed business decisions, and over 223 billion people use social media. So how can you rise up from the competition and ensure your business is doing everything possible to succeed? By using social media, of course!
If you still need to take advantage of Social Media Marketing for your business, here are 6 reasons you should.
Brand awareness – Advantages of Social Media Marketing For Your Business
The first steps to driving performance-marketing goals, such as leads and sales. Those who already have purchased your product or used your service will naturally tell their family and friends. But making more people aware of your brand who don’t know that they need your business yet by having established social accounts and followers is what’s most important. These days consumers are looking even more at the reviews of others and what influencers have to say.
The more people see your site, the more potential customers you will have. Now that more people are following your business on social accounts, you have to tell them where you want them to go. Whether consumers call you or are directed to your website is up to you. Those consumers become the number of opportunities and lead for your business.
Affordability – Advantages of Social Media Marketing For Your Business
Creating social media accounts costs nothing to set up. The real costs to your business are the time and resources needed to create and grow those accounts and sites. Whether you have a large or small budget, unlike traditional advertising, you aren’t locked into something you can’t afford. Social media ads can run for as low as $5 a day!
Increased Brand Loyalty
Building brand loyalty drives growth. New customers who purchase your products or service become ‘brand loyal’ and will become repeat customers. With 65% of revenue coming from repeat consumers for most businesses, those “brand loyal” consumers recommend you to their peers and become free ambassadors for your products in the real world.
Understanding Target Customers’ Interests – Advantages of Social Media Marketing For Your Business
Knowing your target consumer’s interests allows you to reach them effectively. You can do this by monitoring their social conversations around certain topics. This can help you understand what’s important to your audience while identifying trends and keywords they’re following to better help you address consumers’ pain points.
Can Help You Do Competitor Research: Almost everyone is on social media.
Identifying your competitors and their social media strategy can help you shape your own. If they are solving a consumer’s pain point that you might not have thought of, you could change your strategy. You can do this by closely monitoring their social media profiles and analyzing what type of content they post. You can even use different analytic tools to see how you and your competitors compare.
Social media marketing requires both strategy and creativity. While it may seem overwhelming, its importance cannot be overstated. A better connection with the audience will lead you to more loyal customers, thus, putting you ahead of your business game and leaving your competition way behind. Being a business in this digital era can be greatly beneficial if this opportunity is used to the fullest!
Why The AD Leaf?
If you need help figuring out where to start, here at The AD Leaf Marketing Firm, we have a team of experts ready to assist you with your Social Media Marketing Strategy tailored to your business. You can call us at 321-255-0900 or fill out our contact form! We can’t wait to help you grow your business!