Skip to content
Home » News » Business » The steady rise of social media in business marketing

The steady rise of social media in business marketing

Global markets suffered significant losses in the aftermath of the pandemic, and the economic repercussions are still felt to this day. The pandemic changed consumer habits significantly, as people had to adapt to the new conditions. Online shopping became far more commonplace, as people had to spend more time indoors, and many shops closed until the health crisis passed. Many entrepreneurs closed their physical stores after the pandemic, instead shifting all their resources to promoting online sales. It’s not just small shops that chose to do this, but also large, well-known global brands.

The capital losses were just one of the reasons for it. The other was that people increasingly preferred to shop online and have their items delivered instead of going to get them by themselves. So far, the trend has shown an enduring tendency, remaining noteworthy in 2023. Analysts believe that 2024 will show similar figures. One of the main reasons why shopping online has proved to be such a resilient thing is because social media has played an essential role in its promotion.

Boosting engagement 

Most people have started using their phones when placing orders online instead of their computers or laptops. Alongside smartphones, tablets are also gaining popularity simply because they are much more accessible and easier to browse through, even from the comfort of your bed or couch. Most people have at least one social media account that they use regularly. As a result of the data-gathering algorithms, they will see ads recommending products that might interest them.

How you create and shape your social media accounts and the presence you foster on these platforms will significantly impact your overall sales. You must make sure that you come up with content that is interesting and relevant for your target audience. It is the only way to ensure that you attract new customers and retain the loyal ones who have been shopping with you for years.

The platforms 

Depending on the target audience you’re aiming your content to, you will have to become accustomed to different platforms. For instance, if you’re mainly selling to young adults, TikTok might be the best option, as it is arguably the most popular app at the moment. TikCeleb can help you get more followers organically so that your brand is more likely to look like an authority within your business niche and ensure buyers are more likely to consider you a trustworthy source.

Depending on the platform you choose, you must learn about the types of content that are more likely to reach your public. This is the best way to boost your visibility. You don’t want to fall into the trap of following trends mindlessly. While it would be a mistake to bypass them entirely, make sure to hold onto the ethos of your business and remain authentic.  

Reputation 

Maintaining a good reputation in the business environment is very important, as mistakes can weigh quite heavily on you in the long term. Many enterprises, especially the ones that are small or medium-sized, can be seriously affected by a blow to their reputation. Some never recover from it, while others have to deal with considerable losses for a long time. Social media can help improve your reputation by allowing you to manage your own image.

You can respond to unsatisfied clients and show that you can maintain a professional attitude even during emotionally charged encounters. If you interact with your customers in a calm and respectful manner and show that you are committed to solving all of their issues promptly, you’ll create an image as a reliable, trustworthy seller who cares about the opinions of their clients.

Customer-centric 

Speaking of prioritizing the customers and listening to their opinions, social media is the best place to start a customer-centric strategy that will allow you to reach your audience effectively. Most shoppers nowadays want to experience something completely new and different when they go shopping. Tailored experiences are something everybody is looking for from their favorite brands, but customer-centric strategies can be quite tricky to create.

That’s because you need to be aware of your clientele’s actual wants and needs instead of guessing what you believe they might want. You can conduct surveys to get direct answers, but keep in mind that you can also gather data based on what people are more likely to interact with. Limited edition products can also help you get a better idea of what you can expect your customers to buy, so when you create bigger collections, you can focus the resources and capital into creating products that will actually sell.

By doing this, you avoid being left with unsold inventory and wasting money that could have found better use elsewhere.

Protecting your brand 

Understanding your customers and their preferences is very important for the well-functioning of your business. The feedback you receive can also be used to improve your company and deliver more high-quality products and a better customer experience. However, not all reviews are positive. Many are harmful, and there are also numerous cases of willful misinformation simply because some individuals find leaving rude comments to be funny.

You must be diligent and quick when it comes to these comments, as these claims can be easily considered to be genuine by potential customers, who will then be deterred from using your products or services. There are several tools and algorithms you can choose that will detect these comments automatically so you can respond to them as soon as possible. Don’t underestimate their impact; don’t believe you should just leave them be.

Many shoppers look to the reviews to better understand whether they should purchase something or not. Some of these comments can hurt your sales and business in the long term.

Social media has become steadily more important for daily life, and both businesses and individuals use it regularly now. In the case of the former, it is an essential tool for development, as well as having a competitive edge over firms in the same niche. When used correctly, it can really make a difference between a thriving and a failing business.

Categories: BusinessNews