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Advantages of Social Media Marketing for any Brand

SocialMediaMarketing

Social media has become a buzzword for online marketers today. According to a report by Hootsuite, over 52% of the world’s population is registered on social media today, giving businesses a potent source for seeking out new customers.

Some reports show that around 54% of consumers use social media platforms to research new products. On an average, an individual spends around 2 hours and 25 minutes daily on social media platforms.

These statistics prove that social media has enormous marketing potential. Social media marketing means using different social networking platforms to promote and sell your business’ services or products. Social media marketing strategies are effective for all types of businesses and brands, and they also help to reach out to prospective customers and retain existing consumers.

Here are the 7 Advantages and benefits of using a social media marketing strategy:

  • Personalized Advertising

    Social media solutions enables companies to come up with precise targeted audience persona and appear in front of only those potential customers. This persona helps marketers to come up with advertisement strategies that are highly personalized and relatable for their target audience, hence creating a larger impact.

    Additionally, personalize advertising also helps customers feel like companies care about them, their interests, and problems. This creates a higher level of intimacy between the brand and the customer, aiding in better brand loyalty.

  • Competitive Analysis

    Have you ever searched a product on google and then suddenly Instagram started showing you the same product by different companies for weeks? This happens because the algorithm categorized you as a potential target audience.

    This method is used by many businesses to understand what their competitors are doing on social media. It helps businesses analyze which campaigns are performing well on social media, how their market peers are interacting with their customers, and many other similar questions. Competitive analysis aids in better decision making and better design their social media marketing strategy.

  • Aids in Better SEO

    Social media marketing strategy and SEO go hand-in-hand. Having a comprehensive social media presence allows your brand to rank better on search engines. It also helps your brand with better credibility, better visibility, and enables your brand to be found by potential customers. A well-rounded presence on vital digital and social media platforms enables customers to gain trust. It also provides them with multiple channels to interact with your brand, solidifying that trust.

  • Higher Brand Loyalty

    Promoting via social media helps businesses to stand into the spotlight so that potential customers can recognize and interact with the brand. When customers have pleasant interactions with your brand every time, they begin to trust your brand, and further, becoming loyal to your brand. Social media solutions also allow brands to appear more human, which instills a sense of friendliness, enabling long-lasting loyalty.

  • Better ROI on Marketing Campaigns

    Unlike many offline marketing channels, social media marketing allows businesses to review their campaign’s performances and tweak that campaign to make it more effective. It helps businesses understand exactly where the money has been spent, whether it was spent poorly, and how to fix it. As data from social media marketing campaigns is numerical, it better helps businesses to close loopholes in the campaign and attain better ROI with the same marketing budget.

  • Extraction of Precise Data

    As we said previously, the data extracted from social media campaigns is numerical; and numbers don’t lie. Using these numbers, businesses can extract all kinds of inferences. For e.g. comparing two different campaigns can allow businesses to understand the reason behind why one campaign performed better than the other, aiding in future decision making.

  • Better Lead Generation & Sales

    An effective social media campaign doesn’t simply show up on your potential customers’ wall, but convinces them to take action. When you reach the right audience with the right product/service, through an effective social media marketing campaign, your company’s lead generation & sales are bound to grow multi-fold.

Conclusion

An effective social media campaign doesn’t simply show up on your potential customers’ wall, but convinces them to take action. When you reach the right audience with the right product/service, through an effective social media marketing campaign, your company’s lead generation & sales are bound to grow multi-fold.