Sunday, June 3, 2012

The Importance Of Social Media Marketing For Business Success ...

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Social media marketing has revolutionized the way businesses attract customers. In order to use it effectively, the ability to tell a story to the audience is a must. Those who have a story to tell, and tell it in a compelling way, will catch the audience?s attention. Businesses also must realize the importance social media brings to their marketing effort as it allows them to:

1. Interact and connect directly with potential customers. Having a website is no longer enough to promote and market products or services. Neither is a blog. Thus, being active on social media will help to strengthen a business? online presence. Through social media, a company is able to accumulate fans and followers. When they post relevant information prospective customers can comment or provide feedback. Owners respond and soon the conversation begins. The more authentic their response, the more appreciative will be the audience. Over time, trust for the business grows, and a high percentage of fans and followers will turn into loyal customers.

2. Establish the business as a leader in the market. Frequent posts of relevant educational content help businesses establish authority in their industry. This is convenient as social media can accommodate long articles or links to these articles. Sharing relevant information with readers to help solve problems will strengthen the connection. Furthermore, others may refer to it in their blog, or share it on their social media wall, resulting in more inbound links. Therefore, the company?s leadership position in the industry increases. This will enhance the business? reputation and credibility.

3. Build their network. A business-to-business company, or B2B, receives significant benefits of being active on social media. Through networking, they can maximize their potential to connect with the right people in their industry or profession. Interacting with them leads to meaningful connections, sales, or obtaining the best prices from wholesale suppliers.

4. Differentiate their social media page. In order to stand out from the competition, businesses need to differentiate themselves. This can be done by completing their profile with interesting and unique information about their business, products or services. In addition to this compelling narrative, they must add images about the company, or its owners to make the overall presentation of the profile more appealing. Potential customers prefer to deal with businesses that are open, honest and genuine. This becomes one of the foundations for fans and followers to build their trust in the company.

5. Post timely content. Updating the status with relevant posts increases the base of fans and followers. If they like what they read, they will often share it with others, resulting in viral marketing. Furthermore, the post should be accompanied by relevant images to make posts compelling and to motivate the audience to continue reading.

Marketing using social media helps businesses to construct a significant online presence. The five points mentioned will help improve the company?s reputation, credibility and brand or product awareness. This will lead to an increase in website traffic as fans and followers flock to learn more about the business, its products or services. With due diligence, the business? online marketing strategy will be rewarded when prospects turn into customers.

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