Social media has become the new bandwagon for businesses hoping to generate new sales leads. If you don’t have a Facebook page and a Twitter account, you may as well not exist in the minds of a large portion of your intended audience. For many, it’s just not worth the trouble of having to visit individual sites to check out sales promotions and blog posts. Instead, they want to hop on Facebook and see all the latest news collected neatly for them in their inboxes. But social media isn’t just convenient for consumers. It’s also a powerful tool for businesses to incorporate into their overall marketing strategies.
The Positives
Social media provides potential access to an audience of millions at the touch of a button. Want to build your contact list so more people see sales ads and promotional items? Host an ipod giveaway on Facebook and watch your list of contacts balloon. Social media also gives companies an opportunity to find out what customers really think about their products and services. By listening in on forum conversations and post comments, they can get an inside look at how people view the company and can then take steps to address those concerns.
The Negatives
The social media sphere isn’t all roses for businesses, however. The very thing that makes social media appealing to consumers—the ability to hear real life opinions and experiences with a particular company—can quickly destroy a company’s reputation if a negative experience becomes public. The potential for companies to lose control over marketing messages means that they need a strategy for addressing problems and concerns immediately in order to allay fears.
Putting it together
Remember the Domino’s pizza nightmare? It’s an excellent demonstration of how quickly word can spread in the social media environment. With nearly a million views of a disgruntled employee’s damaging video on the first day it was posted, Domino’s immediately had a marketing crisis to deal with. But the good news is that companies can use that same power to build brand loyalty and address concerns as they arise. Companies like Dell Computers have mastered the art of meeting people where they are and tactfully addressing concerns in a way that garners customer loyalty without engendering feelings of distrust or frustration. Stepping into social media conversations allows you to address specific concerns and needs at the customer’s level, especially when done in a way that doesn’t come across as a sales pitch, but rather as a genuine effort to provide benefit.
Social media will find you whether you have a strategy in place or not. People are already talking about you in blogs, on their Facebook pages, over their Twitter accounts, and in forums. By taking the initiative to define parameters of conversation, you can guide those conversations toward a positive interaction with your company and set yourself up to be viewed as a trusted entity rather than scary corporation.
Are you using a social media strategy in your business? Have you seen businesses that excel with their social media strategy? What about businesses that fail miserably? Share in the comments!
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Justin McGill is a web marketing professional and runs a successful
Small Business SEO Firm. He is the founder and CEO of SEORCHERS (read: [surch-ers]) - a local web marketing firm specializing in organic search engine optimization (SEO) with a focus on converting visitors into clients. He is available for
SEO Consulting and now you can connect with him on
Google+!.