This sentence is not only the sheer truth but an ongoing phenomenon from every aspect in the twenty-first century, which is turning into a century of the internet.
Although The Internet has not been this accessible, especially in India around a couple of decades ago this gradual curve upwards of relatively increasing consumption of the internet has taken the country to a whole different level.
Several people have made their marks of introducing the internet in their business model as a fundamental drive to perform business operations. You will not be shocked by the fantastic numbers of startups doing extremely well being available only through the internet.
The businesses which were not that familiar a while ago amongst the people gained a lot of traffic and traction because of the unparalleled visibility of their products and services provided by the internet. It connected them so seamlessly to the people across nations that the business grew across countries.
Social media is a byproduct of the internet. It connects people on platforms such as apps and websites, which lets people share their information regarding anything.
Ways to Make the Most of Social Media as an Entrepreneur :
Social media platforms like Facebook and Instagram have over 220 million users and 120.7 million users, respectively, in the USA alone. Because of this widespread use, leveraging social media as a marketing tool is inevitable.
Not only does it help in building more brand loyalty, but tailoring each content according to that social media platform results in higher engagement and thus aids in the advancement of your content through word of mouth- the best channel.
Yes! People can share anything and everything on the platforms. Still, recently, we have evolved into a phase where Entrepreneurs are coming on social media platforms utilizing this and to perform several activities, which gets their business the advantage they have been looking for.
1. Build your brand and audience
It doesn’t matter if you are old as Dabur or new as any other brand that has just entered the market, Social Media Marketing is on everyone’s to-do list.
Because Social media is a byproduct of the internet and the internet has no limits, it makes the game of marketing even more exciting because as soon as you will start building up your profile on the platforms, say, LinkedIn which is said to be the ‘Entrepreneur’s Instagram.’ people will start noticing your brand and eventually more and more people will engage with your content, hence, have a fleeting thought to try your products.
Although it really depends on your profile. Here’s a quick suggestion: ‘Don’t use social media to impress people; use it to impact people.’
2. Intimate communication equals better feedback
Post building your profile, you’ll soon have an audience around your brand, which will be interested in your products or even have used your products. There’s no other better way to interact with your customers rather than having a read of the ‘comments section’ under your post.
There you can instantly assess and resolve the queries of that customer. The more is better because, in the long run, your products will be becoming better and better at every stage.
3. Better visibility of products
When you’ll give proper attention to each aspect of how social media functions, you will be surprised by the attention given to your product because:
- You have built an audience, and
- You are having a decent amount of connection with them (which counts.)
4. Improved Analytics
Due to the increasing investments in the social media sector from big-fat corporates, even the social media founders have left no stone unturned to make sure that the entrepreneur gets the most of his social media reports.
You will be fascinated by how particular and precise you can make your advertisements on social media where companies like Facebook and Google provide you options ranging from target age to their hobbies, from the target demographic to the buying behavior. You have to be seriously silly to go wrong with this kind of advance marketing, it’s quite hard to go wrong here.
5. Interact with your social media followers through podcasts or Q and A sessions
Once you know the demographic you are targeting and that you have acquired, it is essential to humanize that link, and that can be achieved through conversing with your followers. Providing excellent customer service no matter what the scale of your brand is, pleases the audience and promotes kinship, thus generating brand loyalty.
If you do not wish to engage with your audience directly, leveraging influencer marketing is also a great technique. Not only does it acquaint your brand to that group of people due to the link of trust between influencers and their followers, but it also generates more traffic organically.
Podcasts or Q and A sessions not only familiarises your brand but builds a connection that brings in appreciation from customers or followers. It also helps the audience in knowing what you have in mind for your brand in the future and its goals.
6. Create new strategies
It won’t take much time when you’ll be a master at all of this, but here comes the best part! The Internet changes overnight! So, you will have to be on your toes to be on the same page with the rest of the world.
Social media will help an Entrepreneur to create new strategies, crack new sectors, and probably come up with a product that really solves customer problems. It is often that where the entrepreneur thought he wouldn’t even be able to survive, but just because of the fascinating concept called social media, he learns, excels, and grows!
To conclude, an Entrepreneur can build his
- brand from scratch,
- get customers,
- exhibit his products,
- examine customer behavior and
- update his strategies, just being present on social media platforms.
If you are an entrepreneur, what are you waiting for? I know it’ll take time to build up, but everyone starts from zero.