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3 FAQ’s about effective Social Media Marketing

As a business coach and mentor, I am asked questions about how to market on social media sites. The three most frequently asked questions I get are:

  1. Which social media platforms should I be using to reach my customers?
  2. Should I market on more than one social media site?
  3. What is the difference between social media platforms?

As with any marketing initiative, you should focus on your target market. Therefore, you should start by identifying your target market space. Define your customer’s attributes, habits, and preferences so you can reach them.

  • Demographics – age. gender, education, marital status, etc.
  • Location – where are your customers located and how can you reach them
  • Lifestyle – activities, interests, values, needs, opinions, etc.
  • Demand – what is their pain point? what need are you trying to fill?

Which social media platforms should I be using to reach my customers?

First, compare customer demographical data with social media data. This shows you which social media platforms your target market visits. For example, look at social media demographical data on LinkedIn, Twitter, and Facebook.

As you can see the majority of the social media audience is between the age of 18 to 50 and Facebook has the largest audience. The demographic data on gender shows that it is evenly split, with the exception of Facebook having a slightly higher female audience.

As a percentage of the overall population, Facebook dominates the social media space, but evidence shows that more people with college education partake in LinkedIn and Twitter.

Looking at the income demographics shows that Facebook’s audience is evenly distributed amongst the different income levels, while LinkedIn and Twitter audience has income levels greater than 50k.

social media income demographics

Should I market on more than one social media site?

The answer to this question is a resounding “yes” because it is likely that your target market frequents more than one social media site. Consider how each social media site is used by your target market. The way you market on the various sites depends on your industry.

If you are a local based business, you should join and participate in social media groups that are in your community, by contributing beneficial content. If your business is national or international, you should join broader-based industry-focused groups where your customers are members. Again, you should add beneficial value-based content to these associations and groups. Adding value-based content helps you build credibility in a community. So when you advertise in the community you are recognized as a reliable, knowledgeable, and valued member of the community.

What is the difference between social media platforms?

Your target market can be reached on more than one social media site, so it is important that you tailor your content to be appropriate for the social media site. People visit different social media sites with different intentions. This means that your audience can be reached through all of the social media platforms but the messaging should be delivered differently on each platform.

Attribute

Social Media Site

Professional/Expertise/Authority/Knowledge/Proficiency/Capabilities

LinkedIn

Opinion/Outlook/View/Belief/Judgment/Views/Thoughts

Twitter

Personal/Friends/Family/Personality/Experiences

Facebook

When you post content on Facebook, it should be with the tone of a neighbor, friend, or community member sharing an event or story. While a LinkedIn post should have a more professional, factual tone and verifiable content. Twitter is a more opinion, fact, or thought-provoking centric site. The goal is to modify your content to be appropriate for the social media site.

Social media usage is growing, with current data showing a 4.14 billion-person audience worldwide. This is an increase of about 13% from the previous year. This accounts for approximately 53% of the total world population using social media. 

The future of social media points to the content being more visual than narrative. Videos and infographics are becoming very popular and are an amazing tool to reach customers. A video can demonstrate how your product is used or made while infographics can summarize the benefits and value your company brings to your customers.

Though social media has made a big splash in the world of marketing, don’t neglect traditional marketing initiatives such as advertising (print or online), joining trade associations, or local groups (like Meetups). Social media is not the end-all in marketing but it also cannot be overlooked.

Think it Thru

Laura Guillaume is a serial entrepreneur, author, and business mentor. She is focused on enabling budding entrepreneurs to succeed in new business ventures. She has created a toolset of materials to help them plan, execute, operate, and eventually exit a business endeavor.

Laura started and operated numerous businesses from restaurants to software /consulting organizations. Some of the businesses were more successful than others each having significant learning experiences that she wishes to share. The last business venture was the most successful, sold in 2010 it landed 215th of Inc. magazines 500 fastest growing companies, and had a significant impact in its industry.

Laura is hoping that this new venture “Think it Thru” will assist her in accomplishing her last business goal of giving back to other entrepreneurs. Thinkitthru.org is a company built to teach, encourage, and assist business startup ventures to be successful.

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