Social Media and Your Small Business Brand
At one time prior to the internet revolution, advertising was all about branding combined with a call to action. Successful advertising involved a numbers game relying on huge budgets for reaching mass audiences, then hoping for a return on investment. Today, the internet has transformed advertising into a series of steps that attempt to engage your target consumers through social media for small business, then lead them to more elaborate content that helps them make purchasing decisions.
What is a Brand?
Branding serves three main functions, which are to create product awareness, identify solutions to consumer problems and develop brand affinity or product familiarity. A brand needs widespread exposure through various media in order to generate a return on investment. But even before the internet age, in order for a brand to be successful, it needed to make some type of connection with a target market in the pre-internet era, whereas online customer reviews are now becoming the new standard for building a credible, successful brand.
Does a Small Business Have a Brand?
The main problem with television and radio commercials has always been that they depend on repetition, which usually favours big businesses with big budgets. Low budget commercials that do not run often tend to drain budgets, especially for SMBs. A better alternative for smaller companies is to build their brands through social media. But successful branding does not happen simply by creating social media profiles and waiting for customers to post reviews. Your business must first have a developed brand that consumers can identify with. Then you must learn from your customers how well they identify with your brand, so that you can develop top-of-mind awareness associated with consumer needs.
How Does Social Media Play Into Small and Medium Business Branding?
Despite a lacklustre response to small and medium business social networking on Black Friday 2012, it’s important for you to remember the true purpose behind SMB branding through social media. It’s not really meant to generate transactions. The purpose of social media for any type of business is to engage with your customers and create a memorable experience that stimulates interaction. You can manage and monitor click through rates through other means beyond social media for small business. Social media works best as an escape from sales pressure and a focus on creative networking that cultivates a loyal online community. The goal is to share information.
Does an SMB Need to Blog?
Blogging is a highly effective way of developing brands with an online community. One of the major reasons blogging is important is that it is now favoured by search engines for delivering quality content to online researchers of niche markets. Blogs, unlike social media, represent internet destinations where a call to action points to sales conversions. But the purpose of a blog is still not to push sales. It’s the next step beyond engaging with prospects and customers to offer deeper product information. If the user continues to gain interest, an effective blog will move them through the sales funnel by providing links to product landing pages.
Seems Like a Lot of Work .. Can I Get Help?
Since engaging with your target market can mean dealing with hundreds of people, you may find social media for small business to be very time consuming and a distraction from developing business strategies and goals. If that’s the case, you should consider hiring an inbound marketing company to handle social media for you. They can develop an understanding of your market then create online campaigns using email and coupons to attract traffic to your product landing pages.
Ian Conklin is the President of OTR Web Solutions a web development company building marketing websites since 2000 with offices in Canada, USA, Europe and South America. OTR Web is a Value Added Partner with HubSpot.
For all your Inbound Marketing and Website requirements Contact OTR Web.