Do you want to make social media a marketing powerhouse for your products? Of course you do. Social media is probably the single best way to promote your brand. If you do the right things, social media will let you create genuine relationships with your prospective customers – and drive massive product sales. Here are 6 secrets to help you generate huge returns from social media.
What’s the trouble with ROI? It’s an elusive beast for many marketing channels. It all boils down to how a business is measuring its activities and the outcomes that it values. Social media has been a huge conundrum for marketers searching for ROI, and because it is still a relatively new channel, some marketers believe that it’s okay to not measure or understand the ROI of their social marketing activities.
Most marketers are challenged with optimizing multiple brands, initiatives and ad campaigns, and this is especially true for senior executives and CMOs . To achieve optimal results, companies must go beyond basic reporting practices to implement fully versatile and customizable insights. Oh yeah, and ideally without a lot of extra time and effort. Not only this, as the social media landscape changes (which it will), brands should update and optimize their approach over time.
Did you know that IBM saw a 400% increase in sales from social media marketing in just one quarter? Insanity! None of you were born yesterday, you all know that social media is a critical component of your marketing strategy. But what about all those businesses that aren’t seeing any return? Is social media not worth the headache? Is their audience just not using social platforms? NOPE, all this means is that they’re doing it wrong! Facebook alone has 1.44 billion monthly users – as in 20% of the world’s population.
If you do any kind of marketing on Facebook at all, here's a complaint you're sure to have heard (or even made yourself), "Nobody's engaging with my posts anymore. It's like I'm invisible." Indeed, sometimes it seems like it's Zuckerberg's world and we're just posting in it. But is that simply a difficult fact that the small/medium-sized business has to deal with these days? Or is there a way around the network's sometimes crushing algorithm updates? What's a bootstrapping entrepreneur to do?
Many decision makers still do not understand the importance of social media in a marketing strategy. Even more annoyingly, they are not learning quickly enough. So how do you make the decision makers understand the importance of social media? Short answer: You don't!
Many marketers focus on campaign components with low ROI impact potential instead of implementing the right technology during the right lifecycle phase to free up time for critical tasks like content production and strategy. And since we aren’t going to get an extra 8 hours in the day anytime soon, we’ve put together a handy infographic to help you map out time management for your team.
Building a strong brand awareness strategy isn’t just a great idea — a solid strategy helps you directly impact your company’s bottom line sales figures. A great brand awareness strategy requires a multi-faceted approach to improving brand engagement with past, current, and future customers. In a world where 70 percent of buying experiences are based on how the customer feels they are being treated, it is incredibly important that brands establish a loyal following of active customers.
“Is social media actually helping your bottom line?” That’s the question asked by Frank V. Cespedes in the Harvard Business Review. And he answers it quite boldly: #Nope. This is the great fear of content marketers, that elephant in the room. The idea that all of the effort and time put into social media has been for nothing, that the measurable returns were measurements that didn’t mean anything.
Even if your lead generation plans haven’t rolled out quite how you expected them too, don’t be disheartened B2B marketer. There’s plenty of time for you to pull back those results. By following these 3 steps to recovery you should be well on your way to lead generation success this year.