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5 Priceless Benefits of Social Media for Businesses

December 7, 2021 Marketing

Did you know that digital marketing is one of the most powerful tools that could help your business? To narrow it down, do you know how many people use social media actively each day? According to the recent survey, there are more than 3B active social media users spread across the globe and your business can benefit immensely from them. 

You should view this as a good opportunity to connect your business with these leads and convert them into buying customers thus growing your business potential. There’re so many priceless benefits of social media for businesses and we shall be discussing 5 of them in this article.

1. It offers increased brand visibility   

There are several social media platforms and all have different users with diverse preferences. You can easily reach these and influence them into becoming your brand ambassadors by first attracting them as genuine followers and providing informative posts. 

Brand recognition is essential for any business and this is one of the best marketing platforms for introducing your business to the world. Whether you’re new or old in the business world, you need to introduce yourself to the potential customers, have them identify and familiarize with your brand before converting them into buying customers. 

Social media provides you with the best avenue to introduce your brand to the world and create some interest in them for the good of your business. 

Social media provides you with an avenue to unleash multiple marketing tools such as status update, videos, photos and posts across different platforms to help inform your audience. 

2. It allows you to engage your audience more effectively 

Social media can help you enjoy one of the best CX possible as you get user feedback while building customer loyalty. Through social media, you can engage your audience effectively thus building brand loyalty which in return translates into more conversions. You can easily study your audience’s preference and interests and build your content around that while tailoring your business in a way that meets their needs. Remember that business is all about meeting your customers’ needs for profitability in return.  

Engaging with your audience can be in different forms such as reacting, commenting and even sharing. This helps create new leads for the business as your satisfied customers become your brand ambassadors.   

3. Social media is more affordable  

Compared to the traditional marketing techniques, social media is far more affordable and therefore cost effective for your business. 

The amount of money spent for marketing your business on social media platforms is just a negligible percentage of what you’d spend to advertise your business through radio, television or print materials and as such it saves your business a lot of money in the process. Setting up an account in different social media platforms such as Facebook, Twitter, Instagram or Youtube is absolutely free. 

While generating the content for posting could cost you especially if you hire someone to do it for you, the overall cost cannot be compared with the traditional methods.   

4. Helps increase traffic to your business website

The more the people that see your social media posts, the higher the possibility that these same people will visit your website. As you post on your social media platforms, you can include links to your website thus directing traffic towards your landing page. 

You can use the permission from platforms such as Youtube, Instagram and Facebook to share links to your website and blog to grow organically and drive traffic. Always learn how to use the different channels to your advantage. For example, organic instagram growth can be achieved through hashtags, user generated content and customer support among others. 

Always make sure to create relevant and informative posts that will create more interest and encourage your audience to click on the links and visit your website. 

5. It provides a great platform for customer service

Running an effective customer service is essential for your business health. Organic social media offers the best platform to build customer loyalty, improve your business reputation and resolve any customer issues and concerns through the social media platforms if well planned. 

Making your customers feel confident and valued is a sure way of retaining them and this can be done by addressing their concerns, questions and complaints in a timely and respectable manner. 

In case any issues arise concerning your business, handling them professionally will help avoid a negative tag on your business and this is a benefit you cannot enjoy from many other traditional marketing methods.

Conclusion 

While these and many other benefits can be enjoyed by any business, making sure that your followers are genuine and loyal requires some input from your end. 

Engaging your audience is one of the surest ways to enjoy organic social media growth or progress in every other platform. You’ll have to create time to engage with your audience and if this is not something you can do, engage the services of social media marketing experts to help you. 

Handled properly, social media platforms are a great way to reach millions without limitations from borders and time difference.