Just as you prepare other aspects of your marketing strategy, you need to have a plan for your social media marketing. Social media networks are an ideal platform for testing, as the feedback gathered through social media analytics tools shows you almost immediately what works and what doesn’t in your marketing. This allows you to refine your marketing strategy very quickly, and reveals lessons you can apply to areas of marketing beyond social, too.
Identify Your Target Audience
Of course, you have to choose the right content type, style, and tone. Short-form videos under 60 seconds capture the attention of two-thirds of consumers, making them one of the best tools for building a strong following. These are metrics that measure the performance of a social media campaign. All social media platforms have some form of analytics within the app that you can use to determine what’s working and what isn’t. TikTok offers businesses the opportunity to make a variety of content — educational, promotional, or simply hilarious. If you’re ready to take your social media marketing strategy to the next level, Brandwatch’s cutting-edge solutions can optimize your digital strategy by delivering actionable insights that drive growth.
Uncover Industry Trends In Real-time
We’ve even included pitfalls to avoid and tips to ensure successful campaigns. By connecting with potential customers on social media, your business can generate more leads and drive traffic to your website. You can also interact directly with your audience, building relationships that generate recurring sales of your product or service. Social media platforms provide a vast and invaluable addressable audience to reach and showcase your brand.
To do this, perform a competitor analysis to understand who your competitors are and where their strengths and weaknesses lie. Competitor analyses provide a solid understanding of the typical marketing efforts in your industry, which helps when setting your own goals. Social media platforms are increasingly incorporating SMM Thai direct purchasing features, meaning the line between social media and e-commerce is getting blurrier by the day. This development allows businesses to transform passive followers into active customers seamlessly. What’s more, targeted social media advertising can take brand awareness to the next level.
ROI is the relationship between profit and the investment that generate that profit. Some studies focused on the ways B2B companies can measure ROI and the challenges they face (Gazal et al. 2016; Michaelidou et al. 2011; Vasudevan and Kumar 2018). For example, Gazal et al. (2016) investigated the adoption and measuring of the effectiveness of social media in the context of the US forest industry by using organisational-level adoption framework and TAM. By using data from 166 companies it was found that 94% of respondents do not measure the ROI from social media use. McShane et al. (2019) proposed social media strategies to influence online users’ engagement with B2B companies. It was found that hashtags and text difficulty are connected to lower levels of engagement while embedded media such as images and videos improve the level of engagement.
