Are SME’s Doomed To Fail If They Continue To Ignore Social Media?
The internet has become increasingly important in recent years and social media has also come to assume much greater importance in our lives.
Today, companies need to have a presence online as many consumers search for products and services in the virtual world. Social media is also an important source of information for people, and individuals will share their views and recommendations with friends and strangers. For a company, having a website allows them to attract customers who are not local, thus giving them a much larger potential client base. Many businesses use social media to connect directly with their customers. This allows them to learn what their customers are talking about and what they like and dislike. No business can afford to ignore the internet and social media.
Studies have shown that people, especially the younger generation, are spending more time online and have more social media accounts than ever before. Therefore, understanding how to use this media successfully is important for any business to succeed.
However, while social media can help a business to build its brands and connect with its customers, done badly it can be damaging to the business. Many businesses fail to use social media successfully. This is often because they do not invest enough money or time in this activity. It is fairly easy to set up an account on Facebook or Twitter, but that is only the beginning. It is much more difficult to keep the account updated with new and interesting content. Social media should not be an afterthought or something that is only done when there is enough time. Stale content will not keep your customers interested.
Some businesses also do not realise that social media is not a place to push their advertising. Customers want content that is engaging and interesting, not a sales pitch. Businesses need to treat their customers as people, not simply sales figures. Instead of merely advertising your products, think of ways in which the product can be used. For example, barbecue recipes and tips would be good for a business that sells barbecue grills.
Social media is a place where businesses can meet their customers and engage with them. Advertising costs money, but Twitter and Facebook are free. Done well, businesses that use social media can improve their brand image and make more sales. Social media is not simply Facebook and Twitter, digital media news is a great way of getting news about your business out to the general public
Finally, businesses should remember to listen to their customers. Engage your customers in conversation and listen to what they say. This can help businesses to shape their message and their products. Everyone wants to feel that they are being listened to and valued.
Any business that does not want to be left behind cannot afford to ignore social media. Social media marketing is not a fad – it will become more important in the future and if a business does not engage with social media, it can be certain that its competitors will.