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Which Social Media Platform is Best For Your Biz?

 

Not having a social media presence these days is certain death for a small business. Many, if not all, business owners understand that, but continue to wrestle with just how to make it work and what platforms to use.

Social Media Marketing strategies become “make or break” when it comes to choosing the best platforms to market your business. This is compounded by the algorithms, changing trends and best practices that can seem to blow with the wind.

And when you’re an entrepreneur wearing many hats, figuring it all out (and keeping up with it) can be a chore that you’re willing to let pile up like the dishes. So trust that we get it when you ask, “which platform should I be on?” But understand that the answer depends squarely on you and your business.

There are 3 things to ask yourself that I want you to focus on before I break down a few of the platforms. These are the questions we ask clients before working with them on their social media plan, so here’s your peek behind the curtain.

  1. Are you B2C, B2B, or both? One is business to consumer, the other is business to business. For B2C, social media hasn’t yet seen a boom in consumers going to a social media site to buy things. There are outliers, but most consumers are at the top of your sales funnel when they encounter you on social, which leaves more of a possibility that they won’t necessarily travel all the way down your funnel. It becomes important to target your strategy for the correct buying stage. For B2B, content including blogs, lead magnets, e-books, and tips can create leads and generate interest in your product or service. But even that has been upgraded to suit a different type of business and includes storytelling and visual content. Did someone say video?
  2. Who is your ideal client? Remember our talk about that? If you haven’t identified who you serve, understand that you are on your way into, or likely inside of, a world where you are targeting the wrong audience and wasting valuable time and money.
  3. What are your social media goals? We help you with SMART goals in our IG Planner. If you don’t identify what you want, how will you determine your success? While considering or readjusting your goals, I’d like to adjust your expectation. Social media is primarily a “let me see” platform. Generally, people and companies use your social media to SEE things about you and your company. It’s not primarily a place where people take buying action, though it does happen. This is where people connect with you, fall in love with you and communicate with you. So, if your goal is to make a million dollars on Instagram, I suggest adjusting.

It’s that’s simple, but I know, sometimes you’d rather make it hard (havin’ an L-Boogie moment). However, if you’d honestly take some time to be clear about those 3 things, it will extend clarity toward which 2-3 platforms are best to use for your business.

And yes, I said 2-3. Let’s be real, you’re probably already pulling out your hair to manage one platform really well. You don’t have to be on every single platform. And unless you have a marketing team (or can afford one), do yourself a favor and build where you are before deciding to expand. Social media marketing success takes time, dedication and consistency. And the worst thing you could do is launch on multiple platforms for them to all fall off.

Now…let’s get into it.

Top Five

Have you seen that movie with Chris Rock? In the midst of the protagonist’s overarching problems, the film continues to reference its title by asking several characters to list their favorite hip hop artists. The responses explore everything from talent to personal taste. My list below will intertwine the 2.

1. Facebook. Stop asking about this. Get a Facebook Business Page. It doesn’t have to be the main platform you choose to market on (you can minimally push posts from IG directly there), but it’s hard to deny its reach. The use by men and women finds women leading by about 15 percent, but covers the widest span of age for both genders. I usually tell folks, it’s the only platform where a great grandchild is likely to have a profile as well as the great grandparent. Facebook is best for B2C, and in some cases B2B. And as far as SEO is concerned, your business page is seen by search engines during local search results. News & Information, Fashion, Auto, E-Commerce, Retail, Entertainment, Real Estate, Health & Wellness, Marketing and Sports are all top industries on Facebook.

2. Twitter. Now I know a lot of you don’t like this one, but at least 2/3 of The House are big fans/users…and we’re gonna get the other to love it sooner or later (hahaha). While many folks were feeling kinda ho-hum about it being like “updating your Facebook status all day”, you can thank Agent Orange (and the increase in character count to 280) for the surge in popularity and usage. This is the place where people let loose and rant, as well as give their views and opinions on news, pop culture, trends etc. Another thing it’s good for? Customer reviews. Think about it…how many times have you seen an airline praised or trashed on Twitter…and then it make local or national news? Streets is watching. And people tweet their favorite entertainments, public figures and businesses DIRECTLY. You can make it a place where you not only show off your expertise, but also connect with your consumers. The use by men and women is equal and appeals largely between ages 18-49. Twitter is best for B2C, and some B2B. 74% of users follow small businesses for product updates, and 93% of them plan to purchase from the businesses they follow. News & Information, E-Commerce, Retail, Travel & Hospitality, Finance, Health & Wellness, Technology, Fashion and Sports are all top industries on Twitter.

3. Instagram. If you have a product worth seeing or a service that can be displayed with images, then you’re in the right place. Instagram has evolved from just a “photo app” to a full blown visual platform, which means that you can only take advantage of it with a high quality and impacting image or video to grab your audience. Most recently, Facebook acquired Instagram, so many of the features are overlapping and compatible. However, because this is a visual platform, your visuals need to be on point. Your DIY product photos will pale in comparison to a brand photographer’s touch. Consider higher quality or at least some bang up editing apps and tools until you get there. The platform is used by mostly women, but there’s a shift happening, and appeals largely between ages 18-35. Instagram is best for B2C. 80% of users follow small businesses, and 72% of them say they’ve purchased a product seen on the app. Arts & Crafts, E-Commerce, Travel & Hospitality, Beauty, Health & Wellness, Photography, Food & Beverage, Auto and Event Planning are all top industries on Instagram.

4. LinkedIn. Heavily slept on and not often talked about, if you are B2B, your main focus should be on LinkedIn *looks over at my partners because we just had this discussion*. 4 out of 5 members drive business decisions and LinkedIn’s audience has 2x the buying power of the average web audience. Let that sink in. LinkedIn is a networking gem that many professionals have tapped into. The use by men and women is equal and appeals largely between ages 25-45. 49% of college graduates use LinkedIn and 45% of adults making more than 75k are there too. Financial, Employment, Science & Technology, Legal, Manufacturing, Health & Wellness, Education, Professional Services and IT are all top industries on LinkedIn.

5. Pinterest. Ready to have your mind blown AGAIN? Pinterest isn’t a social media platform, but I included it here to make that point and share how you can still use it to your benefit. Well, what is it? It’s a search engine, much like Google. It’s a crafter or hobbyist’s sanctuary. Anyone who is planning an event or embarking upon a project, will likely be on Pinterest with a pinboard assigned to what they’re doing. I decided I was going to Hawaii just a few weeks ago and I’ve already created a board lol. If your audience is on Pinterest and you have a visual product, or a service that aligns with visual planning, then this is a platform that can work for you. It’s best for B2C. 87% of pinners have purchased a product because of Pinterest.  The users of this platform are mostly women, between ages 18-45. 25% of users are on the site daily, and 31% use it weekly. Retail, Travel & Hospitality, Fashion, E-Commerce, Health & Wellness, Arts & Crafts, Food & Beverage, Beauty, Home & Garden and Event Planning are all top industries on Pinterest.

Before we go…

I hope that this information helps to save you time and get closer to achieving your social media marketing goals. It doesn’t have to take up all of your time, but a key to social media is being social. If you find that you are among a third of business owners who can’t find the time to create strategy, engage with your followers or create content, then we encourage you to find a partner who can help you!

If you’d like more of a definitive strategy, or evaluation of what you already have in place, we offer customized social media audits that will give you more personalized data and recommendations. Comment below and we will contact you about this option! 👩🏾‍💻

Business, content, Marketing, Social Media, Summer Series

CATEGORY

6/13/2019

POSTED

Which Social Media Platform is Best For Your Biz?

  1. sue says:

    Thanks for this info. As an entrepreneur (and pretty introverted at that), my first thoughts about social media are, “ugh. Do I have to?”. But creating our content around defining goals for our business is a huge helpful tip in making all that work. I’m just so glad you didnt say reddit.
    Thanks, ladies!
    Sue from shelterpacks.com

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