Starting out, we at Stone’s Throw often coach clients with smaller and medium-sized businesses to use social media initially as a way to demonstrate vitality, interest, and enthusiasm by showing activity on social media platforms. Let the world see your public face – especially if your potential customers use social media. Ensure that your posts are consistent with your brand image and messaging, and please make sure that you have a system for post approvals, monitoring, and responding.
If social media advertising will indeed add value to your marketing efforts, there are a few terms you’ll want to know:
Awareness ads: Paid social media advertising is a way to create energy and push your posts into the newsfeeds of your selected audiences. These ads are often referred to as awareness ads; they boost awareness by allowing audiences to see your ad (“impression”). Awareness advertising is often the least expensive of social media placements.
Conversion ads: To encourage your audience to take some kind of action (visit your webpage, make a phone call, complete a form, etc.), social media ads have to work harder and typically cost more. They require the user to move from a passive audience member to someone who takes some kind of action. This is often referred to as conversion.
Engagement rate: Most social media platforms use metrics to describe the types of interaction your posts generate. Engagement rate refers to the number of likes, shares, and comments your posted content receives.
Hashtag: You can supercharge your posted content by tagging keywords with a hashtag (#) – what some of us used to call a pound sign. When a # precedes a word or phrase (without any word spaces), the social media platform sees the phrase as a searchable keyword. This can be especially helpful when looking for people talking about a particular marketing issue online. #smallbizmarketing
Should your business advertise on Facebook or LinkedIn? Here are a few things to consider.
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