Choosing the right social media for your business will help you achieve your goals, talk to the right audience and ensure you aren’t wasting your time on the wrong platforms.
It has never been easier for business owners to share their story across social media. However, in recent years the choice of social media channels available to users has skyrocketed. With so much available it is difficult to understand what differentiates social media channels, where the value is and what the right social media is for your business.
This guide will help you understand how best to use each of the biggest social media channels and decide which channels are best aligned with your business goals.
Why is social media marketing for business important?
Social media is a great tool to increase brand awareness, nurture relationships with customers, share your brand personality and generate leads.
Potential customers can access your business from countless digital channels including:- organic search, email, referrals, forums, directories and of course social media, to name a few.
Though no one digital channel is any better or worse than another, it is crucial that your brand has a presence in as many as possible, to ensure that customers can find you regardless of where they are looking.
2021 social media usage statistics
Did you know that, as of 2021 there are 4.20 billion social media users worldwide, which is 53.6% of the global population? The average person spends two hours and 25 minutes a day on social media and 44% of the total time we spend on mobile devices each day is spent on social media applications.
So what? Just because people spend hours on social media doesn’t mean they want to be engaging with your business, right?
Well, 63% of users report their primary reason for using the internet is for finding information. Social media is a key fact-finding tool, as 45% of global internet users reported that they use social media at least once a month to research products and services that they are interested in. This figure grows higher as user groups get younger.
So, what does all this mean? Checking social media is a key part of most people’s daily routine and consulting social media prior to making a purchase decision is a core part of most people’s buying patterns. With this in mind, any brand that wants to leverage digital marketing as a driver for growth, must incorporate social media into their marketing mix to best cater for user behaviour, trends and expectations.
Digital 2021: Global Overview Report
Which social media is right for your business?
Now that you understand why your business needs to be on social media, you must decide which channels to invest your efforts into.
One of the primary factors in a failed social media strategy is spending too much time, money and resources on the wrong platforms.
With new social media platforms being launched seemingly every day, it can be easy to get lost in the endless sea of choice. How do you know which social media is right for your business?
The answer to which social media platforms you need to be on for your business can be answered by deeply understanding your audience and their needs.
To do this, hypothesise your audience and create audience personas, flesh out their demographics and psychographics and plot, in detail, the types of content they might consume and where you think they would access such content.
Then, create profiles on these platforms to create and distribute the content you believe will be successful. Constantly review and refine the content to ensure you understand what’s working and what isn’t, to further refine the audience persona and the content you produce to engage them.
For example, say your business makes custom made surfboards; your target audience is women aged 30-34 with a high disposable income and you hypothesise that these users frequently visit Instagram and LinkedIn. In this case, creating content for Facebook, Twitter and TikTok could be a total waste of your time as you’ve hypothesised that your users are not regulars on these platforms.
Could other potential customers exist on those platforms? Absolutely! But it is always recommended to fish in the waters you know are richer than to spread yourself too thin and compromise on the quality of the catch.
Which social media is right for your business? Whichever channels you believe your customers already use. Experiment with alternative channels to understand how successful content could be there, but the majority of your effort should be spent in the places you know your customers already are.
Don’t follow where your competitors go, follow your customers.
Social media demographics you need to know
Social media user demographics are constantly changing, your most valuable customers may move between multiple platforms over their lifetime, so it’s crucial to stay on top of which users are where.
Here is a snapshot of the must know social media demographic data for 2021 to inform your social media marketing strategy.
Sprout Social Social Media Statistics