An objection which I am given almost daily as I interact with prospects & talk to people about Social Media Marketing is “I have tried SM marketing before & it didn’t work”
In my opinion & experience there is huge value in social media but I am not deluded. I realise that not every business has found that it works very well for them or at least in the short term they didn’t see a decent return on their investment, whether that investment came in the form of expenditure of the their time, money or both. Therefore they conclude that SM marketing is a waste of time & money. But hold your horses!
SM Marketing may not be a good fit for your business, it’s true. However please don’t be too hasty either. Thousands of businesses are having fantastic success.
Before you toss SM Marketing on the scrap heap please consider these factors. Some of you may get validation that it really isn’t for your business but some of you may reconsider & give it a second shot, this time doing things a little differently.
Let’s look at some possible factors as to why to Social Media Marketing didn’t work…
1. All businesses are different & there are so many different variables when attempting to connect with your target market using SM marketing.
Social Media works best for companies that serve the whole of the country or even internationally. For those local businesses out there, it will be a little trickier. It’s just a fact unfortunately. There may only be a certain limited amount of people within your geographical location, interested in the topics you are talking about.
Does this mean local businesses shouldn’t bother with SM Marketing? No that’s not what I’m trying to say at all. I am just saying you need to have realistic expectations & also consider wisely how much you invest in Social Media.
I believe that every business big or small should have a Social Media presence, remember it’s about quality not quantity. A few loyal fans & followers can still be worth a lot to your businesses bottom line. Keep them engaged & strengthen the relationships you have with them. You know your business better than I do. So if you feel that your business is extremely micro-niche or geographically tight then I wouldn’t spend any money on social media at all but some carefully managed time instead. 15-20 minutes a day spent interacting with fans & followers is more than enough to give awesome value to them & keep an active Social Media presence without breaking the bank or wasting hours on SM that could be put towards something more productive.