5 Reasons Why Social Media Marketing is Important for the Small Businesses
Social Media Marketing is one of the highly appreciated techniques of online marketing where the small business are marketing and giving visibility to their brands, services or products on social media platforms like Facebook, LinkedIn, Twitter, YouTube etc.
Social media marketing is one of the essential and much needed digital marketing trends among the small businesses as it is cost-effective and holds the power to reach out to all the targeted audience in a large number in a minimum time period. And this process yields more sales/leads when compared to the old conventional marketing methods.
Here is a list of 5 great reasons to show why social media marketing is an essential need.
Social Media is Inexpensive and Effective
Social media marketing is very crucial for the small businesses as with the right social media marketing strategies; a large number of audiences can be reached in lesser time and with minimum efforts. According to the recent study by Forbes, 94 percent of the corporates are making use of social media and around 85 percent of them said that it has given their product and business more exposure.
Branding is Effective on Social Media
Social media marketing is the most trusted tool for small businesses when it comes to branding. As per a latest research, 83 percent of the customers prefer to connect to the companies through Facebook and around 53 percent on Twitter.
Customer Acquisition is Easier on Social Media Platforms
With over half of the world’s population that is registered on the social media platforms, the chances of acquiring targeted customers are fairly high. There are nearly 1.74 billion social media users as per the eMarketer and the social media platforms play a very important role in acquiring the customers to businesses.
Direct Interaction with Customers
With the help of social media, businesses can interact with their customers directly. Small businesses can attract more customers by engaging them with in several interactive methods like Q&A, Polls etc. The customers can directly communicate to the businesses and this result in a stronger trust factor among the two parties.
Generating more Sales/Leads
Social media marketing does wonder when it comes to generating sales and leads. A recent study proved that social media results in almost double the marketing lead when compared to any other alternative methodology. When people can communicate directly to the business, the trust grows and hence they can easily rely on your products and services.
After understanding all these benefits from the social media marketing, many small business now have increased the investment and also the time they spend on social media marketing. And the businesses that were active already on these platforms now share better and much useful content on their profiles to achieve better results and output. It is high time for all the businesses that are looking for branding and visibility to come online, connect to their customers and make the right use of social media platforms for their products and services.