Why Social Media?

Almost everyone uses some type of social media. It can really pay off for your business if you use it correctly.  Through social media, your business can not only make money, but it can increase the satisfaction of its customers, create fans, and improve the reputation of your company.  It can work well for you if you select the medium that works best and is the most suited for your company.

Don’t get the wrong impression.  A lot of companies believe that when they start using social media, they’ll immediately begin to see a huge return on their efforts and their investment.  It doesn’t exactly work that way.  You need to remember that it takes time for you to build your following, and you may not always see the results you like, and they won’t be immediately.  You can sometimes, however, find benefits you didn’t even realize you would get from your social media marketing.

Benefits of Social Media

You may be a bit hesitant of getting into social media for your business.  That’s understandable.  Anything new and different can be a bit frightening.  It is a technological world, however, and if you want to keep up with the times, you need to begin using social media networking for your business.  If you are deciding whether or not to do it, you should look at a few of the benefits you would get from using social media marketing that you may not have considered.  Here are a few of the benefits:

Brand-Building Tool—This is a powerful way to use social media.   Brand recognition allows you to use social media to determine how you want your company to be positioned, and what you tell people about what your business does.  You can build a good brand reputation if you use a little effort and have great content which shows your company’s benefits, advantages, and values.

Cultivating a Community—Social media is all about relationships, and it is a great way for your business to cultivate a community.  You obtain instant access to your followers who become members of your community.  Through social media, you can find out what they like about what your company has to offer, and what they don’t like.  You can also find out what it is that your customers need.  This communication with your customers can be more valuable than market research you would spend a lot of money for.

Exposure—It has been said that before a customer decides to buy from you, they need to be exposed to you six to eight times.  Through social media, you can get a lot of repeat exposure.  You can shorten your sales cycle by being able to let the customer know over and over what your company has to offer them.  Each time you do, you’ll be increasing your exposure.  Not only that, but they may decide to share the information with their friends.  If they do, then the exposure could increase by double, triple, or even more

Establishing Authority—If you want to establish that you are an authority in any given area or on any subject, social media can be a great way to help you do it.  It works well if you are a coach, consultant, author, speaker, and other service-based business.  Through social media networking, you can let your audience know that you are the “go-to” resource for whatever it is you’re offering.  You can build a strong fan base.  People will know to come to you if you have good content, answer questions, and give your audience what they need.

Growth of Influence—Your influence will grow as the number of your followers you get on your social media sites grows.  You can attract new customers, have media interview you, and create Joint Venture partnerships, etc. if you have a substantial social media audience. Think about how people are when they see an accident on the side of the road.  It’s the same way when you see a fire.  The crowd seems to be drawn to it and gathers around it.  It’s the same affect you can have on your social media sites.  When you begin to build a big audience, people will want to see what’s going on.  They’ll be drawn to your pages, and get to know you and your business. If they like what they see, they’ll return again and again.  When they’re looking for what you offer, chances are, they’ll get it from you.

Traffic Generator—Social media can increase your traffic to your website.  Social media consists of sharing information.  You give visitors a reason to want to visit your site when you share things such as:  blogs posts, videos, or other content.  When you get them to your site, you have a chance to make them want to take action such as join your mailing list, buying something you have to offer, retain you for their services, etc.  It won’t happen overnight, but you will be able to see that social media generates traffic if you commit yourself to your efforts.   Once the traffic gets to your site, you can convert that traffic into business if you give them a clear call to action.

Competitive Advantage—Not every business takes the advantages of social media seriously.  A lot of companies think social media is a fad, and it will go away.  Because they feel this way, their pages aren’t updated regularly and they don’t acknowledge comments or answer messages.  If you do take it seriously and put forth the effort if your competitors aren’t doing a good job, this gives you an advantage and a chance to stand out.  If, on the other hand, you don’t participate in social media, you’re giving that advantage to your competitor who does.

As you can see, social media can make things happen for you and your business.  If you’re hesitant at all, remember it is well worth the time, effort, and cost your business puts forth on the social media sites.

Without further ado, here are the steps you need to take in order to successfully use social media in your marketing.

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