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Wealth Beat News > Small Business > Leveraging Social Media For Explosive Brand Growth
Small Business

Leveraging Social Media For Explosive Brand Growth

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Last updated: 2023/08/22 at 10:22 PM
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Yasmin Walter of KMD Books is a multi-award-winning entrepreneur, international bestselling author and modern publisher based in Australia.

Contents
Understanding And Interacting With Your AudienceVisual StorytellingInfluencer MarketingPersonalization And Real-Time ResponsivenessHarnessing New And Emerging PlatformsSocial Commerce

In today’s hyper-connected digital age, social media has become an integral part of our daily lives. From scrolling through captivating visuals on Instagram to engaging in thought-provoking discussions on X (formerly Twitter), billions of people across the globe are actively using social media platforms. And with a new platform popping up every so often, businesses must keep up.

This presents an opportunity to connect with their target audience, build brand awareness, and drive exponential growth. Let’s explore marketing strategies that harness the power of social media to propel your brand to new heights.

Understanding And Interacting With Your Audience

To leverage social media effectively, you must first understand your target audience inside out. I recommend using social listening tools to monitor conversations and gather insights. My personal favorites are Brand24, Agorapulse and BrandMentions. I like to do beta testing to see what my audience engages with more.

From my experience with my specific audience, I’ve discovered that when you make them feel empowered to contribute to the way you manage your social media channels, they tend to engage more with your profile and content.

This can be achieved by incorporating messages in your captions that encourage participation, posing interactive questions and initiating direct conversations with your most enthusiastic followers to gather insights into their preferences and suggestions for improvement.

Polls and questions work great on Instagram Stories, and live Q&A sessions encourage active participation, making your audience feel valued. Take advantage of options like videos and photo carousels to reach a wider audience. I tend to share a lot more day-to-day, behind the scenes, on my Stories.

Visual Storytelling

In the fast-paced world of social media, capturing attention is a challenge. Visual storytelling has emerged as a powerful tool to break through the noise. Utilize eye-catching images, videos and infographics to convey your brand’s narrative creatively.

But know your platform. For example, on TikTok, I tend to share more raw POV content, as opposed to Instagram, where my posts are more curated and maintain an aesthetic grid.

Whether it’s behind-the-scenes glimpses of your team or user-generated content, compelling visuals can evoke emotions and foster a strong sense of connection with your audience. Audiences like to see how the product solves a problem and not be constantly sold to.

Prior to social media, I had a custom bobblehead business. Customers would submit their images, and we would make a polymer clay doll that looked like them. It was a visual product, but I sailed that ship too early. It would have been a great opportunity for visual storytelling.

Influencer Marketing

Influencer marketing has revolutionized brand promotion on social media. Collaborating with influencers who align with your brand’s values and target audience can amplify your message significantly.

Influencers have already cultivated trust and loyalty with their followers, making their recommendations and endorsements highly influential. When executed thoughtfully, influencer partnerships can result in authentic connections with potential customers and expedite brand growth.

And you don’t need to aim too big with this, as I’ve found that influencers with a higher following often have a less engaged community. And keep it relevant to your brand—you wouldn’t hire a bikini model to promote your childcare center.

Personalization And Real-Time Responsiveness

In the era of personalization, consumers expect tailored experiences. Leverage social media to provide personalized interactions with your audience.

Respond promptly to comments, messages and mentions. Demonstrating real-time responsiveness shows that your brand values its customers and fosters a positive reputation, which can lead to brand loyalty and advocacy. I recommend taking advantage of automations within the social media platforms.

Harnessing New And Emerging Platforms

The social media landscape is ever-evolving, with new platforms gaining popularity rapidly. While established platforms like Facebook, Instagram, Pinterest and Twitter (now X) remain essential, be open to exploring emerging platforms like TikTok, Clubhouse, Threads or any other platforms that may emerge in the future.

Early adoption can give your brand a competitive edge and help you connect with new, younger audiences. Again, keep the platform relevant to your audience.

Social Commerce

With the integration of shopping features on social media platforms, social commerce is revolutionizing e-commerce. Utilize features like Instagram Shops, Facebook Marketplace or Pinterest Buyable Pins to showcase your products and facilitate seamless purchasing experiences directly on social media.

This frictionless shopping experience could translate into higher conversions and revenue growth. Connecting this can get a little fiddly, so don’t be afraid to hire an expert; it will save you time and a headache, trust me!

Remember, social media is not a one-time effort; it requires consistent and genuine engagement to build lasting relationships and turn followers into loyal brand advocates. It can become a full-time job, so if you aren’t creative or have the time to post consistently, hire someone! Embrace the power of social media, and your brand’s growth journey may know no bounds. All it takes is for one video to go viral, and your product could sell out.

Forbes Business Council is the foremost growth and networking organization for business owners and leaders. Do I qualify?

Read the full article here

News August 22, 2023 August 22, 2023
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