Why You Must Market Your Business on Social Media

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Feb 2013
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Author : Pete Peranzo

The Internet provides an incredible environment for all kinds of businesses, small or large. However, this also means that competition is hotter than ever, with more and more companies now becoming Web-savvy. It is for this reason that you should employ the best strategies to stay on top of the game. Marketing is crucial to the success of a business, and fortunately, you do not have to spend a ton on it to acquire great results.

Traditional advertising and marketing have given way to online marketing, and social media is among the most important platforms to help you further your efforts. It has become increasingly popular with businesses over the past few years, simply because that is where consumers are in large numbers. If you are not already looking at social as a great marketing tool, you’re missing out on something.

Advantages of social media marketing

1. Social media sites such as YouTube, LinkedIn, Facebook, Twitter, Pinterest and Instagram are ideal for promoting your products and services. Many companies are still skeptical regarding how social can help them meet their business goals. The truth is that social media comes with many benefits and allows you to reach potential clients within the shortest time possible.

2. It makes it easy for you to promote your products and services in a timely fashion. This form of marketing is ideal when launching a new product or introducing a new service.

3. The most popular networks have hundreds of millions of subscribers and active users who log in to their accounts on a daily basis. As a business owner, you can identify a social network that meets your needs best and learn to use it to build and grow a strong customer base.

4. You will be able to reach a large audience who can like your business and follow you. You get to inform existing customers as well as prospects of new products and services in the market. Social media offers an excellent platform for communication as well as market research. You can use it to learn more about the preferences of your target audience and tailor your offerings accordingly.

5. Social enables you to generate quality traffic. When running an online business, it is imperative to generate the right kind of traffic and achieve a high ranking on search engines. Social media is a very effective vehicle for this. When you provide the best online experience to your clients, they will visit your site regularly . This will enhance your traffic as well as boost your productivity and profitability.

6. Social media marketing helps you save a great deal on time and money. Traditional channels of marketing and advertising can be quite costly. Social sites, on the other hand, are free to use. You can create a business page to promote your products and services at no cost. You only pay for the Internet. With the help of a good strategy you can achieve your goals and also build great relationships with your customers.

Things to keep in mind when marketing on social media

You can’t just set up a business profile page and forget about it. Social media only works when you actively make it work for you. You will have to post on your chosen networks regularly, and engage with your followers. You will have to initiate conversations, share content, and display your expertise to win people over. You must promote your products and services on this medium but not to the extent that that is all you do. Social media thrives on dialog, not one-way marketing.

That said, social can be a very rewarding medium for small businesses. Tap into it to connect with your customers and attract new ones, to learn what your competitors are up to, and to be on trend so that you can also innovate as you evolve.

 

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