Welcome!
This blog is the first of a two-part introductory series that explores the benefits of using Social Media to sell or promote a product or service.
Over the coming weeks, I’ll be adding further information and discussion based on the these key themes that this series has highlighted. For updates about future posts, please subscribe using the links provided.
Today, I’m touching on Social Media and how it affects customer relationship and brand identity.
The impact of Social Media
The growth of Social Media (SM) is a new and explosive trend, evolving rapidly just in the last five years. Its steady growth reflects the growing number of technological advances, accompanied by accessible pricing options for users. Significantly, many key Social Media tools are free to access and allow individuals and businesses to have a reach of millions within a global setting.
This geographical reach allows businesses to communicate directly with existing and potential customers locally, nationally, and internationally. Yet many SMEs are still unclear on how to make the best use of Social Media, and remain to be convinced of its value.
For individuals and SMEs using SM strategically within set business goals, the power of Social Media is increasingly clear.
Using Social Media to build relationships
One of SM’s primary strengths is the concept of engagement with customers. With increasing opportunities for interaction, both existing & potential customers/communities have new expectations of how a business should work with them.
Through Social Networks such as Facebook or Twitter, they want to interact with their chosen businesses and they want to know, (and “feel”) how your business and your business brand aligns with their own personal brands and values. In short, people are willing to do business with people they like and trust.
Decisive factors in why a customer decides to build a bond with you:
Desire – they want what you’ve got!
Ethics – they like the way you work
Sheer gut instinct – they “like” or “get” you.
By collaborating on discussions surrounding ideas related to your industry and your business, and revealing your own (and the business’) ethics and values, you can build a good relationship between you and the target community.
These are relationships which haven’t been paid for or cost very little (in cash terms), with people who have indicated interest in your business’ products/services. In direct marketing terms, these are hundreds or (if you’re really successful), thousands of “hot” contacts who want to do business with you!
In future posts, I’ll be looking at how you can develop relationships with your customers in more detail…
Using Social Media to support your Brand
A revolutionary aspect of SM is its ability to amplify Word of Mouth (WOM) recommendations to a wider audience. Your customers and potential customers can talk about you among themselves at their own leisure. Moreover, they’ll do so at great length if they’re either pleased or unhappy with your business or service!
SM is built on the philosophy of collaboration and shared opinion so feedback can be forthright, honest, or occasionally, even rude!
It’s in your best interest to take all opinions without rancour and try to put right what you might have done wrong. Using tools such as Google Alerts, or Twitter search, you can see comments made about your business and take proper action such as dealing with complaints, or thanking contributors for their positive remarks.
Getting actively involved and giving value are key tenets in SM relationships and if you show how you listen and respond, or are appreciative of customer feedback, you will have created good will as well as loyal followers.
Brand identity is important for individuals and businesses who wish to connect with potential customers and subscribers. I’ll be adding further posts and resources to help you create a strong, relevant brand which will resonate with your target groups…
Part two of “To tweet or not to tweet… should your business get involved with Social Media?”
My next post in this introductory series will look at Appropriate Social Media Platforms for Research and Engagement and Identifying your Social Media Strategy. After this, I’ll be getting into Social Media Marketing in more depth! If you are interesting in learning more, please feel free to subscribe.
I look forward to sharing thoughts and experiences!
Sumi
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