B2B Social Media Marketing Strategies
Kelly Bergeron,
Digital Marketing Specialist
B2B Social Media Marketing Strategies
Social media marketing is believed to be only successful amongst business to consumer (B2C) companies. This is simply false. Using the correct channels, understanding your audience, and using content-specific information for all channels is important when looking into any marketing strategy. Social media marketing isn’t always for lead generation but more so for brand awareness.
The goal of social media is for customers to understand your company as a whole, not just your products and services. Customers are humans. They enjoy personable experience, authenticity, and culture. Let’s take a look at how we can create a successful social media marketing strategy that you can cater to your companies current and future clients.
Let’s say, for instance, that you have a business objective of customer retention. You then need to consider what social media goal will be set in place to complete that objective. You will then need to figure out what metrics will be used to measure customer retention success. You can have many social media goals within one specific business objective. Concise goals will give you a clear vision for your strategy.
Ongoing analytics watches the activity over time, whereas campaign metrics watches specific initiatives within a specific timeframe. Many social media channels have their own form of analytics. For instance, Facebook has its own analytics and Instagram has many free apps that will help you track user activity. Everything that needs to be tracked has some way to track it whether that be done through analytics or campaign management.
The goal of social media is for customers to understand your company as a whole, not just your products and services. Customers are humans. They enjoy personable experience, authenticity, and culture. Let’s take a look at how we can create a successful social media marketing strategy that you can cater to your companies current and future clients.
Step 1: Coordinate your Social Media Goals with your Business Objectives
Goals are necessary to measure success. Understanding your social media goals right off the bat is crucial to creating your social media strategy. Manufacturing goals that are within your companies objectives is important. Relevancy and specificity are the two main components when creating a social media goal.Let’s say, for instance, that you have a business objective of customer retention. You then need to consider what social media goal will be set in place to complete that objective. You will then need to figure out what metrics will be used to measure customer retention success. You can have many social media goals within one specific business objective. Concise goals will give you a clear vision for your strategy.
Step 2: Defining Measurement Tactics
Measuring your goals allows you to determine if your social media campaigns are effective. Figuring out what works well for your company, your audience, and your different channels will help you strengthen your social media marketing strategy. There are two different types of tracking; ongoing analytics and campaign metrics.Ongoing analytics watches the activity over time, whereas campaign metrics watches specific initiatives within a specific timeframe. Many social media channels have their own form of analytics. For instance, Facebook has its own analytics and Instagram has many free apps that will help you track user activity. Everything that needs to be tracked has some way to track it whether that be done through analytics or campaign management.
Step 3: Establishing an Audience
There is likely a difference between your current customers and your ideal customers. Of course, we want to appeal to our current audience, but also broaden our horizons and reach out to new audiences. Creating what we like to call “buyer personas” allows your business to decipher what type of people they want to engage with. Understanding those people's wants and needs can create potential customers and or followers.Step 4: Understanding your Competition
If your competition isn’t already using social media, great. If they are, it’s time for you to catch up. Pay attention to what they are doing and if it seems to be working for them. Do a competitive analysis to see where their social presence is and if you can do it better. Understanding where your competition stands allows you to find areas of opportunity for social presence. Finding relevant campaigns and strategies within your industry can be a big help for you to understand what works well and what doesn’t.Step 5: Perform a Social Media Audit
Before enacting a social media marketing agenda, it is necessary to know where you are currently standing and where you have the opportunity for growth. Asking the following questions can help you know everything you need to know about your current social marketing situation and direct your future goals and objectives.- How is my audience reacting to this channel?
- Does spending money on this campaign really benefit me?
- Why is this working for my competitors but not me?