Aligning Social Media Platforms with Business Needs
With the litany of social media platforms available in this
day and age, many businesses make the mistake of focusing on quantity over
quality. They preoccupy themselves with
establishing a presence on multiple platforms, which leads to a loss of
efficiency and actually causes diminishing social media marketing returns. In order to maximize the effectiveness of your
social media marketing campaign, it is imperative that your company carefully
evaluate the social media platforms available, and determine which ones best
suit it’s needs.
Prior to evaluating the ideal platforms for your businesses
social media marketing project, it is essential that the target audience be
identified. For a deeper look on identifying
the applicable target audience, please see my earlier blog. Identifying
the target audience is pivotal to the evaluation process because certain
audiences tend to gravitate towards specific social media platforms. For instance, if the target audience for a
product was 18-25 year old college students and young adults, an extensive
marketing campaign focused on the social media platform Linkedin would produce
less benefit because it has a rather low usage rate amongst the target
audience.
Once the target audience has been identified, your business can begin evaluating which social media platforms are most aligned with its goal of reaching the target audience. If your business operates on a business to consumer model, you will want to carefully evaluate the characteristics of the target audience. Some of these characteristics would include age, socio-economic status, and sex. The aforementioned characteristics in no way constitute a complete list of evaluation criteria, but they give you a general idea of what to look for when analyzing your target audience. After breaking down the target audience, you can begin piecing together which social media platforms they are more likely to use, and just as importantly, which ones they will use on a regular basis.
A company that operates on a business to business model
would approach platform selection differently than a business to consumer model
company. If you think about it, it doesn’t
make much sense for a b2b company to create a Facebook fan page, and use
Pinterest because its clients will not likely be using these platforms when
making purchasing decisions. Since b2b
transactions take place in a more professional setting, it is likely however
that potential customers could be reached on Linkedin.
Going back to my previous example of a target audience of
18-25 year old college students and young adults, one can conclude with a high
degree of certainty that individuals in this audience tend to frequently use
platforms such as Facebook, YouTube, and even Pinterest. By concentrating social media marketing efforts
on these platforms, a wide range of individuals within the target audience will
be exposed to the marketing campaign, thus increasing the likelihood of a
successful marketing plan. As you can
see, the effectiveness of a social media marketing campaign can be greatly
increased by using information about the target audience to select the most appropriate
platforms for your campaign.
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