Saturday, 14 Dec 2019

5 Steps to Effective Social Media Marketing Strategy

If you are reading this then it can be assumed that you already know the importance and need of social media marketing in today’s business scenario. So, let’s not discuss on the ‘Why’ part as to why social media is the most important tool for business, rather this article will focus on ‘How’ you can design an effective social media marketing strategy. Now, the how part is not always the easy answer through which you can get to the point directly but still to put it in simple terms, every small action taken on social networking sites will come under the larger marketing strategy. Meaning, each like, comment, reply, and tweet will be planned towards achieving your pre-determined goals. It may sound and look complicated, but if you plan and take a comprehensive approach to design a marketing strategy, all your efforts will get channelized naturally.

  • Determine your goals: Not just this strategy, but for any strategy the first step is setting your goals. To be able to set the goals for your social networking strategy, you must know all about social media marketing, only then you will be able to fix your objective. Once the objective is decided, the action plan can be made accordingly. Remember one thing that your social media goal must align with your broad business objective. Follow the SMART approach to write your objective. S: Specific M: Measurable A: attainable R: Relevant, T: Time-Bound.
  • Assess Your current Profile: Next very important step is to evaluate your current social media standing. This basically includes monitoring your existing connections in social media, examining which site is most popular amongst your potential market, and how does your profile looks like compared to competitors. Evaluating these three things should tell you your existing social media reach. During the process you will get many clues to design your strategy. It will serve as a route map.
  • Follow competitors or industry leaders: Yes, your customers are there in social network and so are you but your competitors too have a presence there. Of course, it is not too comforting except that you can learn a lot from them. Your competitors may be industry leaders and you can get inspiration from them on managing content and engaging audience. Don’t be a copycat, rather try to distinguish yourself from others in a way which can appeal to your market.
  • Design your content strategy and implement: Social media is all about content. Without good content you aren’t going any further. Work hard on this part and take professional help for content management. Spending on content is not a cost; it is an investment which will give great return.
  • Evaluate and follow up: This is the most important part. Once your content strategy is designed and implemented, evaluate the performance. Study the impact of your new strategy on social media and business. It may need some changes, if it does then go ahead and make those adjustments.

Social Media Marketing is not a one-time task it requires consistent efforts to show results. Make the best use of social media and see the change in your business.

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