Social Media and benefits of Social Media Marketing
Social media is a term that is used around
a lot. Some people often equate it with Facebook, Twitter, Instagram, etc.
However, these are social networking sites whereas social media actually is a very
broad concept.
The best way to get a clear understanding
of it is to break it into simple terms:
- Social – Process of interacting with other people by sharing and receiving information from them.
- Media – a medium for communication, like the Internet.
From the above two terms, we come to a
basic definition-
“Social Media is a web-based medium that
enables people to interact with each other by both sharing and consuming
information.”
Social media marketing is the process of
acquiring traffic or attention using social media sites. Social media marketing
makes use of social networking sites to drive traffic (or sales) that is
beneficial for your business or organization.
1. Increase brand awareness
Social Media sites are
used by nearly half of the world’s population. Thus creating a marketing
strategy for Social Media will greatly increase your brand recognition and help
you connect with a broad audience (something that wouldn’t be possible through
offline marketing)
2. Customer and audience
engagement
Unlike traditional media,
social media is a two-way communication tool. You can interact directly with
your customers while your customers too, can interact directly with your brand.
This improves customer engagement and thereby enhances your brand loyalty.
3. Increased brand authority
Customer satisfaction and
brand loyalty go hand-in-hand while establishing brand authority. When
customers see your organization posting original content, engaging with the audience and moreover replying to their queries
and issues on social media, it makes them think that your brand cares about
customers and their satisfaction. Satisfied customers are bound to spread the
word about your brand thereby helping you gain new fans and potential customers
and also increase the authority of your brand.
4. Cost-effective
Social media marketing is cost-effective than any other marketing
strategy. Creating a profile on social media is free for almost all platforms
and any paid promotion that you opt for are relatively low cost and give better
conversion rates than any other form of marketing.
Implementing social media marketing is now
a necessity for every business. However, when you have other daily moving
activities of your business to focus on, social media often takes a backseat.
This is where most brand owners make a mistake. In the process of managing
brand operations, they often miss out on something that will bring them huge
benefits in the longer run. Thus, it is best advised to hire a result-oriented socialmedia marketing agency in Mumbai or a social media consultant in Mumbai
that has the required expertise and the knack of creating highly effective
social media campaigns to increase your brand authority in the social world.
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