Advantages and Pitfalls to Avoid
The Advantages of Using Social MediaSocial media outreach is an essential component of a marketing strategy for many brands. Platforms like Facebook, Instagram, YouTube and many others offer an accessible way for brands to reach their audience. What are some of the advantages of using social media? Let’s explore!
It’s a Direct Connection to a Wider Audience
Popular social media platforms like Facebook, YouTube, and Instagram have many Monthly Active Users (MAUs). Facebook alone has 2.9 billion MAUs, so it is usually the first social platform brands turn to. This can work to a brand’s advantage, getting as many eyes on your products and services as possible. Furthermore, it offers a direct connection that serves an audience’s curiosity and makes them more familiar with products and services.
Influencer Marketing and Paid Ads Are More Affordable
Influencer marketing and paid advertising offer brands a more economical approach to reaching said audience. You don’t need a big celebrity; a micro-influencer with a large following of your target audience will do the trick. It’s a great way for newer brands to make their name known. Not sure where to find an influencer relevant to your brand? Check out some of the top influencer marketing platforms like Upfluence, Grin and CreatorIQ and filter for your niche. Paid ads can also be tailored to slide into the social feeds and generate loyal followers who may eventually hit that “buy” button.
Social Media Points Increases Shop Page and Website Visitors
With a community of followers, a brand can alert them of promotions, sales and other offerings that lead them to a website and more importantly, a shop page! Whether the brand sells home decor or fine jewelry, a captivating image of the latest products can entice followers to pay a visit to a site, driving traffic and generating sales.
Pitfalls to AvoidWith all the advantages that social media has to offer to grow a brand, it’s still a good idea to know what kind of pitfalls to avoid. Here are a few snags and snafus that can trip up a well-meaning social media marketing plan.
Not Researching Your Target Audience
Yes, one major advantage of social media is that a brand can reach a wider audience with multiple accounts. Still, you have to start somewhere. If you ignore data-driven details and metrics that help define your target audience, all your social media posts will fail to capture the attention of those that matter – your customers and clients! So, learn how to make your brand appeal to your audience from the get-go.
Being on Every Social Media Platform
New social media platforms are popping up practically every year: Facebook, Instagram, YouTube, Pinterest and the latest Snapchat and TikTok, among a few. If it seems overwhelming, you’re not wrong. But there’s an easy solution. Instead of trying to blanket them all and stretching the marketing department too thin, focus on the social media platforms that your target audience uses most. For example, Pinterest offers interior designers and homeowners a way to pin furniture and decor. Also, remember to align the style and tone of voice to the platform. For example, LinkedIn readers will appreciate a more professional angle.
Becoming Over-Reliant on Automation
Once your brand markets itself to its target audience, don’t forget to connect with followers on a more personal level. Automation offers a modern convenience of posting consistently, but real engagement begins when a brand replies to comments and answers questions, even under an influencer’s social media post. So hop into the brand accounts – on a weekly basis at least – to get involved with your followers and build that trust factor.
Discover the Best Social Platform for Your Brand TodayTake advantage of everything social media has to offer. Join a social media platform – or two or three – and begin promoting your brand today. Research your target audience or simply learn more details on who that audience truly is. Just remember to avoid some of the common pitfalls mentioned above and align your message and tone to fit your brand.
Celebrity sells, and even with your best efforts at focusing on conventional strong points for growing an e-commerce business, it may be time to cash in on the notoriety of big names.
That’s the reality for a lot of merchants, but not all. Your store might realize a so-so benefit from investing in this trend. Let’s look at the pluses and the minuses.
Influencer marketing typically harnesses the high-profile status of well-known (and sometimes surprisingly not so well-known) “influencers,” meaning people with immense followings on social media. Endorsements, product mentions, personal stories – they all attract interest. Whether it’s a big name like Kardashian, or a Johnny-Come-Lately who has grown a big audience and mass presence through clever marketing, leveraging this type of sales strategy can be lucrative.
Influencer marketing is also a form of branded content; not a one-size-fits-all concept. It’s hard to deny the effect of social media on virtually all consumer demographics, making sites like Facebook (Meta), Instagram, Twitter, TikTok, and various and sundry platforms a critical asset to market products you sell.
Experts estimate that U.S. marketers will engage in some form of influencer marketing to the tune of nearly 73 percent in 2022. Want more stats? An estimated 14 percent of 18-to-24 year olds and 11 percent of millennials made a purchase within the last six months, strictly driven by influencer marketing. The concept is anything but new, and dates back to celebrity TV ad endorsements from decades earlier.
In 2022, influencers might be successful bloggers who have grown a following over the years. Parenting blogs, fitness blogs, foodie blogs, and fashion blogs are common examples. Non-famous individuals have built large audiences with sheer creativity and relevance. And even better, people trust them.
How do you absorb the cost of influencer marketing? Particularly in light of an imperfect method to measure metrics for return-on-investment, it’s an important question. What once was “paid partnerships” has morphed into “sponsored posts.” And for the privilege of hopping on board, the unspoken industry standard is $100 per 10,000 followers. Deciding between quality and quantity is another consideration: are you seeking a broad reach, or does your product line(s) call for a more tailored approach?
As Instagram is considered the gold standard for influencer marketing, start there. Influencers usually offer a press kit with the details you need to make a decision. A typical Instagram sponsored photo post caption might set you back under $2,000 for an influencer with fewer than 100,000 followers. To get started, you should start slow and build up.
Here are a few tips to keep in mind if you’re pitching on Instagram:
Photo by Verena Yunita Yapi on Unsplash
Moving merchandise through moving pictures