With the existence of different changes in today’s time, social media and its different platforms have influenced the society in many ways; it influenced the way people and corporation communicate. One of these prominent impacts is how businesses do their marketing. Based on a research, 82% of small businesses use social media websites to build brand awareness. With this growth, every business today should consider social media as their new partner.
Here are 5 reasons why social media is the best business partner:
1. It reaches everyone
In choosing your marketing partner, you would want someone or something known to everyone. According to a recent global social media research, almost 4 billion people access the internet. 60% are active on Facebook, 27% on Instagram, 22% on Twitter, and 17% on Google. With such number, social media will definitely help you build brand awareness and reach your target audience all over the globe.
2. Increase brand awareness
Managing a social media strategy is a great way to create brand awareness, letting you engage with broad audience. By creating social media profiles for your business, you will get to interact with people. Having employees, partners, and sponsors that help you share your content will definitely increase your brand recognition; a great method to enter different networks, too.
3. Cost-effective
Staying within a certain budget is crucial when running small to medium businesses. Fortunately, social media is powerful enough to help you stay in your budget while helping you promote your business.
Although it has a large population, social media allows business owners to promote their brand at a low cost. In most cases, managing the business’s websites is all it takes to attract the target audience.
4. A two-way communication
Most of the social media platforms let users communicate with each other, may it be through comment section or inbox. Social media helps business owners to create a voice for their brand while letting the audience receive it. This helps businesses to easily exchange information with their target audience, giving them the power to know people’s interests, wants, and needs.
Customer interaction on your business’s social media will help you establish compassion for your customers. The better impression you create, the more chances of audience to think of your business whenever they need your service.
5. Improve brand loyalty
Social media is not only limited to creating brand awareness, it also impacts customers to build brand loyalty. The different platforms of social media don’t only let business owners create a good bond with their customers, it also lets customers build brand loyalty by seeing these platforms as service channels, which is a great way in humanizing your business.