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Which Social Media Platform is Best for Your Business?

Which Social Media Platform is Best for Your Business?

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Which

Social Media Platform

is Best for Your Business?

Being active on social media is

really important

for businesses

But There are

THOUSANDSof social media

platforms…

Fighting For Your

Attention!!!

But…ain’tNobody Got

Time For That

Because

Time is

Money

So spend it wisely...

On social media platforms that see a decent

return on investment

The Top 8 Social Media

Platforms for Businesses

Pinterest

Facebook

Foursquare

/Yelp

Twitter

Linkedin

Google+

Instagram

Youtube

FacebookThere are 1.23 billion Monthly

Active Users on Facebook

.

4.5 billion

“likes”

every day 945 million mobile users

757 million daily users

ProsFacebook is the behemoth of social

media, and it’s where many businesses have made a name for themselves. It’s a

place where you can “talk” directly to your customers, and they can talk back to

you.

52% of

marketers

found a

customer

on

Facebook

in 2013.

42% of

marketers state

that Facebook is

extremely

important to their

business

ConsFacebook is a pretty

busy marketplace,

and businesses can

find it hard to be

heard.

Facebook is an open forum,

and users can write on your

wall any time they choose.

This means that you need

to constantly monitor your

page for inappropriate or

defamatory comments.

Facebook’s

algorithm means

that not all of your

posts get to all of

your followers.

Twitter Twitter has been described as “texting for the internet”

Twitter is a social network or “micro- blogging” site.

People can only send 140 character text messages, also known as “tweets”.

Photos & videos can be shared too, but not as

popular.

Pros

Cons

Linkedin LinkedIn is a social platform dedicated to professional

people.

The platform connects businesses with potential

employees and partners by providing a people with the

opportunity to make a “professional profile”.

It is also extremely valuable as a professional

networking online platform.

ProsThere are 300 million people using LinkedIn: 50/50 with regarding gender.

75% of users use their LinkedIn 4 hours or less per week.

Once you upload something onto LinkedIn, anyone can access it –even if they’re not a connection!

It’s rich in content and information – including company’s information and detailed individual professional profiles.

43% of marketers said they found a customer on LinkedIn.

ConsIt’s a very niche market, so before you spend time creating a profile and sharing content, make sure that it’s the right platform for your business.

It can take a lot of time to set up, to get connections and to get conversations flowing.

You have to ask to be connected to other businesses and profiles, which can be time-consuming and frustrating.

Brick-and-mortar businesses might find LinkedIn difficult to utilize, but for people who are in industries such as technology, finance, marketing etc. LinkedIn can prove to be very useful.

Pinterest

Pros Pinterest gets morereferral traffic than Twitter, LinkedIn,

Reddit and Google+ combined.

Cons

If your target audience isn’t female-centred, it’s

not great. With the exception of the UK where

56% of Pinterest users are male.

InstagramInstagram is owned by Facebook.

It’s a photo and video sharing platform that allows users to share their photos with other users.

37% of all users are 18 – 29.

68% are female.

5 million US. Internet users access it at least once a month

It is a predominantly mobile app.

ProsInstagram allows people who are interested in your brand to follow your business and see what you’re up to. This adds a bit of a personal touch.

Like Pinterest, Instagram puts a face to a brand.

Instagram uses hashtags, which makes content easy to search.

Visual representation of your business = Transparency = Trust.

Instagram has an insane amount of user engagement – up to 10 times what Twitter and Facebook generate.

Cons

Like Pinterest, if you don’t have an physical product to sell and take a photo of, it might not be the easiest platform to use.

It’s a very young network, with 90% of users under the age of 35, so if this isn’t your target audience then using Instagram might be a lot of time and effort for very little customer engagement.

Google+

Professionals such as students, technology

industry professionals, bloggers and

photographers.

Google+ is Google’s

social platform. There

are a few extra

features, such as

Communities and

Circles that increase

interaction with people

and topics that interest

you.

It’s mostly

men on it

so far

ProsBecause it’s

owned by Google, using Google+ can

have positive effect on SEO.

Google hangouts is a great place to start

talking with people and many businesses use it to

keep in contact with employees as well as

customers.

Google integration with Gmail & Youtube

(and all things Google!)

Cons People see it as being quite similar to

Facebook so there’s always the

temptation to share identical content on

both platforms.

Google+ only helps out your SEO ranking if the person is

logged on or if they don’t have

your page in their circle.

No contests or promotions are

permitted on G+ according to

their policy.

YouTube

Youtube is a video-sharing social media platform. It was founded in 2005 and was quickly bought over

by Google in 2006.

Youtube allows users to upload, share and view

videos. The content varies from individual user

content to business user content, featuring TV clips, personal videos,

Video logs (or “Vlogs”), music videos etc etc.

Users who are registered can upload and share

their videos, unregistered users can still view the videos but can’t upload

them.

Youtube is the second largest search engine.

(After Google, of course)

Pros

Youtube is the third most

popular site, behind Google and Facebook.

90% of customers of

online retailers say that they find videos

useful in making

purchasing decisions.

Videos is another way to

show off you industry

expertise.

Videos have a really wide reach, you

don’t have to be a

connection to see your videos.

Because YouTube is owned by

Google, it’s super SEO friendly.

Videos make a business

accessible. People like to

see a face behind the

product.

Cons

“Related videos” on the site often draw attention to your competition and distract customers from

your message.

Creating interesting videos can be very time

consuming and expensive.

Foursquare and Yelp are relatively similar: They’re both location-based social media platforms where you can

search businesses.

Yelp is all about reviews and recommendations.

Foursquare is all about checking-in at locations to gain points and sometimes “badges”. The user that checks in

most to a particular venue becomes the “mayor”.

Foursquare/Yelp

Who Uses Them?

100 million monthly visitors

53% users are male

62% between the ages 18 –43

20 million users

60% users are male

82% between the ages 18 –43

Brick-and-mortar outlets can benefit the most from these social media platforms.

Easy to use platforms that will generate business with very little updating and daily maintenance on your

behalf.

Foursquare have a great “campaigns” option that helps to generate new customers or to reward loyal ones!

Word-of-mouth is one of the best ways to advertise your business, with 77% of people saying that they’d buy a product

after it being recommended to them by friends or family. This is what Foursquare and Yelp encourages people to do.

Pros

If you don’t have a location based business, these probably aren’t the right platforms for

you.

You’re relying on customers to give you fair and accurate reviews.

While Yelp has a pretty good filtering system that tries to ensure that reviews are all

legitimate, many businesses have complained that Yelp’s filter is actually biased.

Cons

Every social media platform has its pros & cons. Think carefully about which

platforms will work best with your business & …

Don’t waste your time on the others!

For more useful information for start-ups & small

businesses, head over to www.getspokal.com/blog