Social media marketing refers to building a virtual community and presence on different social media platforms to create a larger audience, business branding, gain website traffic, and also improving sales.

This marketing involves a series of activities like putting fresh content on social media channels, engaging with the account followers, running social media ads, and also looking for different avenues to expand the online presence of your brand.

The major social media platforms today are Facebook, Instagram, Twitter, LinkedIn, Pinterest, YouTube, and Snapchat.

To keep your social media marketing plan in place, there are plenty of online tools in the market that help businesses streamline different activities, manage all the platforms in one place and get the most out of it. For example, Buffer is a platform of social media management tools, which can help you achieve success with your social media marketing by helping you schedule social media posts, organize the calendar for posts, and easily manage as well as track the various platforms. Hootsuite, HubSpot, etc are the other similar tools you check the complete list in google.

Why Is Social Media Marketing Important Today?

Know the top social media stats to help you stay ahead of trends and build a successful marketing strategy for 2021.

Quick check Social Media Statistics for Marketers:

  • Facebook has 1.5 billion daily active users (DAU), 2.3 billion monthly active users (MAU), and 300 million Stories DAU.
  • Facebook is consumers’ second favorite platform for video consumption (behind YouTube).
  • The average Facebook Ads CVR across industries is 9.21%.
  • Instagram has 1 billion MAU and 500 Stories DAU.
  • 72% of teenagers use Instagram.
  • Brands that reach consumers on Instagram enjoy a relatively high engagement rate of 1.73% per post.
  • LinkedIn has 260 million MAU.
  • The average LinkedIn visitor-to-lead CVR across industries is 2.74% (vs. 0.69% on Twitter).
  • LinkedIn drives 80% of social media B2B leads.
  • 37% of consumers find purchase inspiration through social media. No other channel (digital or otherwise) inspires consumers at such a high rate.

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Core Pillars of Social Media Marketing

  1. Strategy: This step involves determining goals, the social media channels to be used, and the type of content that will be shared.
  2. Planning and Publishing: Businesses should draft plans of what their content will look like (i.e. will there be videos? Photos? How much script?) and decide when it will be put out on the platform.
  3. Listening and Engagement: Monitoring what users, customers, and others are saying about the posts, brands, and any other business assets. This may require the adoption of a social media engagement tool.
  4. Analytics and Reporting: Part of being on social media is knowing how far posts are going, so reports of engagement and reach are very important
  5. Advertising: Purchasing ads on social media is a great way to promote and further develop a brand.

How To Create a Social Media Marketing Strategy

Ready to get started with marketing on social media? Here are a few social media marketing tips to kick off your social media campaigns. Best Social Media Marketing Tips:

1. Do good research on your target audience

Knowing your target audience well and then building a marketing plan works great. Make sure your efforts are focused on your target audience’s geography, behavior, and market culture. It becomes way easier this way to reach them through social media and interact with them at their best.

2. Select Your Social Media Platforms Wisely 

Being visible on all the social media platforms is not a piece of cake for brands, so it’s better to choose quality over quantity, the end goal is to create a high impact on a few that you have visibility on.

Instead, do good research and plan your social media presence that is inclined with your brand goals and appeals to your target audience. Focus on the platforms that are preferred by your targeted demographic.

3. Social Media Content Planning & Promotion 

Content is the king in social media marketing, the better your content the more you grow as a brand. So, you have to stick with your business intent & not just try everything that’s trending on social media momentarily.

Your brand’s voice should be genuine, consistent, authentic, and reflect the company culture. Keep the content simple, and user-centric, and also keep searching for better ways to promote your product on social media.

4. Research and create a good strategy

The research reports suggest that marketers who document their strategy are 538% more likely to achieve success.
This calls for action. Doesn’t it?
After all, …

Creating a social media marketing strategy is the pillar to turning your vision into reality. Understanding your audience, and your brand goals, and building your social media presence accordingly with quality content is all that you need.

Here are a few things to help you out with your social media strategy

  • Create a list of upcoming events & festivals
  • Promote your brand with user-centric & fresh content
  • Be consistent and real across all social media platforms
  • Prepare a list of trending hashtags for different social media platforms
  • Write a content theme to wish your target audience & build a virtual relationship with them

5. Build trust and familiarity

Brand consistency helps bring your company through all stages of business growth. The bigger the recognition the better your brand credibility is. Try to build trust among your target audience by keeping a good relationship with them and helping your business grow.

To understand how that happens. Consider healthcare solutions providers that publish a blog about health service challenges. Over time, the company’s audience considers the brand as a good consistent source of valuable information that helps them solve difficult problems. This generates audience trust and gets your business opportunities.

6. Make timeliness a top priority

There is a saying – failing to plan is planning to fail.

No matter what you do – without a proper roadmap you are going to fall into social media marketing. Take the help of social media tools to organize your content across different platforms and keep things organized.

Content calendars also help to distribute resources effectively, improve team collaboration and give a more in-depth understanding of what works and what doesn’t.

7. Tracking Competitors

Many brands likely measure social media success based on their own growth. Your followers increased by 20%, great! You’re averaging 10% more comments per post, awesome! Or is it?

If you just focus on your own results then you might miss out on a lot of great things that your competitors do to give you a competitive edge in the market.

This can help you identify areas for growth as well as strategies that aren’t performing as well as they should.
While all those numbers are great, how do they stack up against similar brands in your industry? You can easily get the answer to all these questions by doing a social media competitive analysis.

8. Measuring Success with Analytics

There is a universal (and obvious) truth in business: in order to win, you need to beat the competition.

Now that you’ve compiled all of this data, you need to put it to use. Do a complete analysis of your competitors by comparing your profiles to others. The next step is to analyze your competitor’s content and how it’s performing to learn what resonates with your audience and what you are missing as a business.

Communicate goals, challenges, and wins with your team.

To be on top of your social media game, only focusing on your own social media growth will not help. You will also have to be well aware of how you stand in comparison to your competitors.

If you want to gain an edge over your competitors, you need to dig deeper. With the help of a social media competitive analysis, you can build a strategy that puts you ahead of your competitors in the industry.

10. Beat the Algorithm!

In order to maintain high online reach without paying for ads, you want to consistently be seen by your audience. Easy cheats to get on top? Always use photos, gifs, videos, or links in your post. The days of text-only updates are over.

Use hashtags appropriately. Even though it may seem tempting to tag it all, keeping it contained to only relevant and trending words keeps your base interested without being overwhelmed, especially on Facebook where hashtags are not commonly used.

Finally, stay trendy, recycled content with older keywords will be pushed back by the Algorithm, whereas trending topics will both be pushed up AND appear in trending tabs.

Benefits Of Social Media Marketing

These stats will help us know how to the right social media platform for our business. You must be wondering why we can’t be present on all the social channels.

  • Increasing website traffic
  • Building conversions
  • Raising brand awareness
  • Creating a brand identity and positive brand association
  • Improving communication and interaction with key audiences

Social Media Marketing: Key Takeaways

So, what did we learn from gathering social media marketing tips from influencers, subject matter experts, and professionals who work as social media marketers every day?

We learned that there is no defined way to succeed in social media marketing and that businesses should try numerous approaches to achieve social media marketing success.

There are constantly different tips and tricks that social media marketers should be aware of in order to achieve success for their brands. As time progresses, so do the social media marketing strategies that companies have. It is important to always be aware of the direction social media is headed! A business can very easily fall behind social media marketing trends, which can lead to stagnant growth.

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