I’ve been doing this for about two and a half years now and while that doesn’t sound like a lot of time, in social media marketing terms, I’ve been at it forever. I’ve seen Facebook go through 3 major overhauls, watched as YouTube implemented their profit model and watched the number of Twitter users explode. Because I have my head in this daily I sometimes forget that there are people out there who aren’t familiar with the terms “tweeting” or “friending” and think that going viral is a bad thing.
Why is social media so important?
Why have McDonald’s and Walmart been so successful over the years? While many factors can be attributed to building their success, there is one point that both companies spend a huge amount of money researching… location, location, location. They put their buildings where the people will be.
Now the location is changing from a plot of land to the bytes and bits that make up the internet. Like it or not, that is where the people are and it is only growing bigger and bigger. And whether you like it or not, you might already be out there. People could already be talking about you on Twitter and Facebook or posting reviews about you on Yelp. Hopefully it is all good, but it could be bad and if you are not watching the conversation, you could be missing out on opportunities.
But I’m a localized business and social media is global, so it is not really for me.
WRONG! Every social media outlet, be it FaceBook, Twitter, YouTube, etc., requires their users to fill out a “profile” with information like name, gender, location, etc. This allows you to target the type of people you want to attract with laser accuracy.
Let’s say you are a local dentist, specializing in working with children, trying to build up business in your neighborhood. You can run an ad campaign on FaceBook targeting parents in your geographical area. You can also search Twitter for people within a 10 mile radius that are talking about any number of topics, kids, tooth problems, etc. How to market properly to these people is a whole other topic, but this just illustrates that these people can be found.
So I just throw stuff out there and hope people see it?
Now this is the question that gets me excited, because this is where the true beauty of social media marketing comes into place. Quick answer… NOPE! With social media, you can track everything! So you put a link up on twitter, you can see just how many people clicked on that link, how many people did what you wanted them to after they clicked and how much money you made from that link. Then you can tailor your messages to get more attention.
BUT WAIT! IT GETS BETTER
Due to the relatively low cost, you can experiment with various forms of marketing to see which one is the most effective. In marketing we have what’s called A B testing. We use marketing method A to see what the results are and then we use marketing method B and compare the results with A (you can also add a C and D, but it is best to keep the test pretty simple and basic). Not only does this help find the most effective way to reach your potential customers, it also lets you know where some of their motivations lie.
Going back to the dentist example… If you run a campaign, “Brighten your child’s smile!” and one “Protect your child’s teeth!” and you get more results from the latter, you know now that parents are more concerned about protecting the teeth of their young ones than they are of making sure they have bright smiles.
It’s time to call a pro!
If reading this above has you excited and freaking out at the same time, wondering where, when and how to get started, it is time to call a professional. Think of it as remodeling a kitchen. You can do it by yourself, and you can probably do a good job, but it will take a lot of time, a lot of study and a lot of trial and error that a good professional will have already gone through and know how to avoid. Social Media can be a DIY project and regardless of how involved your marketer is, there are some things you are going to have to do on your own. A good Social Media Consultant will be able to help navigate and decipher what everything means.
Look for someone who can demonstrate not only expertise in the field, but has the actual experience of developing effective campaigns.
People are adapting social media into their lives in droves. If your business is not venturing into this space then you are not going where the people are and are missing out on opportunities. Every business can benefit from social media, and every business should!