Wednesday, January 28, 2015

In it to win it: Choosing the platform that is right for you

It isn’t always the best strategy to sprinkle a little bit of your brand into every single social media platform available immediately. Instead, a company should only adopt one platform as its main/primary channel and then consider which other platforms, if any, would be acceptable for that brand. After setting a foundation, strategies need to incorporate a mix of social media touch points for maximum impact. This is especially true for smaller companies who may not have a well-established and fully dedicated social media team.  Instead of having sub-par representation in a lot of places; brands should focus on doing well on a few of them.

By effective social media marketing, a brand is able to build its popularity by increasing its website presence and growing the number of its followers using social media (Bowden, 2014).  However, the tools and functionality a brand will require will depend upon the brand’s line of business, its objectives and its strategy.

Facebook has billions of users each day, making it a viable channels to promote a brand (Bowden, 2014). It also has advertising service that allow advertisers to distinguish its exact target audience instead of possibly wasting advertising dollars on an audience other than its demographic. These include Facebook Ads and Sponsored Posts. Facebook requires a long-term commitment and consistent relationship building from brands, although there is some immediacy as you can reply directly to people’s comments of questions (Levy, 2013). Many brands choose to use Facebook thanks to its size alone, thanks to its broad network and opportunity to build a community presence (Levy, 2013).

Twitter offers a platform that brands are able to interact with humans through commenting and promoting trending topics (Bowden, 2014). Companies leverage Twitter in responding to customers in a timely manner while featuring the latest news and headlines about an upcoming event and product releases that keeps followers engaged with the brands (Bowden, 2014). Twitter is most useful for the business that has something to say frequently and prefers to reach people directly (Levy, 2013).

Pinterest is billed as a content-sharing service that allows members to pin or post photos, videos and other images to their boards (Levy, 2013). The site has a predominantly female audience and is ideal for businesses which visual imagery is a main feature or selling point (Levy, 2013).

LinkedIn, generally used for B2B marketing, helps professionals connect socially. When reaching out to generate conversation with other professionals, posting links to a brand’s articles or blogs help people learn exactly what that brand is and how that brand can help them.

The visually driven platform, YouTube, has become synonymous with homemade or company-made videos. By featuring products or services with visual selling points, brands can generate conversation with their audience. Videos might include teaching consumers how to do something, demonstrate a product or service or introduce a new or unusual product to the market (Levy, 2013).

Like YouTube and Pinterest, Instagram is for the brand that needs to include a visual aspect into its communication mix. Instagram has proved to have a specific appeal to certain ethnic segments and popularity among urbanites, making it a good choice for certain markets (Manafy, 2014).

As search is a very important piece of marketing, Google AdWords stands as one of the most powerful tools for marketers. By using its sophisticated, highly refined ecosystem, Google AdWords helps to make sure that ads are relevant to users directly impacting click-through rates and therefore providing a successful strategy option to advertisers.

By eventually incorporating a mix of social media touch points, a brand can create specific content creation for each platform in order to communicate with each audience best.  It is about quality, not quantity. Doing two or three channels well with consistent, highly engaging content that is reaching and interacting with your target audience is what will lead to conversion and customers (Clark, n.d.).

When attempting to decide which platforms to choose, it is important to decide where your target buyer is, where is your competition, if there is an untapped opportunity, how many channels can your brand handle well and consistently, and are there any geographic differences that a brand needs to take into consideration (Clark, n.d.). For instance, if a brand is competing against a much bigger company, that brand should pick the channels where it can have the most impact and engagement and invest to win (Clark, n.d.). Understanding how customers discover content, consume content and what motivates them to take action in a social media context can help marketers plan for effective social media marketing efforts (Odden, 2014).  By taking these insights and leveraging them into social media content planning, a brand can choose platforms and then provide information that is more relevant and useful to buyers as well as content that influencers can use to advance their own objectives (Odden, 2014).

It’s imperative that a brand consider content versus conversation. Content simply puts human interaction at the forefront noting that content is something to talk about (Novak, 2010). Content without conversation is just broadcasting or advertising. In order for content to be effective in social media, there has to be a conversation starter in the message (Novak, 2010).

Social media marketing is continuous and is an investment of time, and when appropriate, should include monetary resources as marketing budgets allow. Brands should be realistic about what it is willing to invest in terms of interaction. Social media is a two-way channel therefore consistent participation in conversations that make sense for your consumers and business is necessary. Social media also needs to be consistently monitored in order to analyze how social media users respond to a specific brand marketing strategy and obtain feedback to improve the campaign. The actual analysis of social media channels remains the most important piece, as it can help a brand determine where to invest more or less time in order to reach its specific social media goals.

By establishing a market, planning content, being consistent and keeping an eye on the competition, a brand is able to choose the most effective social media platforms. Choosing a few social media channels that align with the audience will help accelerate a brand into a social media success story.

References

Bowden, J. (2014, September 7). How the top brands use social media for marketing. Retrieved January 21, 2015, from http://www.business2community.com/social-media/top-brands-use-social-media-marketing-0995357

Clark, J. (n.d.). Convince and convert: Social media strategy and content marketing strategy. Retrieved January 22, 2015, from http://www.convinceandconvert.com/social-media-research/how-to-choose-the-right-social-channels-to-reach-your-customers/

Levy, S. (2013, December 2). How to choose the best social media platform for your business. Retrieved January 22, 2015, from http://www.entrepreneur.com/article/230020

Manafy, M. (2014, July 9). How to choose the best social media site for your business. Retrieved January 22, 2015, from http://www.inc.com/michelle-manafy/how-to-choose-the-best-social-media-sites-to-market-your-business.html

Novak, C. (2010, July 27). Why conversation, not content, is king. Retrieved January 21, 2015, from http://www.socialmediatoday.com/content/why-conversation-not-content-king

Odden, L. (2014, October 21). Three ways to optimize your brand’s social media marketing success. Retrieved January 22, 2015, from http://www.toprankblog.com/2014/10/optimize-social-media-marketing/


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