There are no one-size-fits-all options when it comes to the right social media platform for your small- or medium-sized business. Facebook might be the biggest name in social media networks, but there are trendier platforms like Instagram and Twitter that millennial customers usually prefer. Different platforms attract and cater to different people, and it’s essential for business owners to understand the pros and cons of each platform before settling on one.
Research shows that 77% of consumers in the US have social media profiles and that Facebook is the most utilized social media platform by users younger than 50 years old. With over two billion users, Facebook offers the biggest audience and is the perfect place for companies that are looking to increase their brand awareness.
Apart from the huge user base, Facebook also increases customers’ trust by lending otherwise stiff businesses a human touch. Although you don't have to invest heavily in this platform, you should at least create a basic page. Setting up your company’s page takes only a few minutes and not having one could affect your reputation.
YouTube is the second largest search engine in the world with over 1.9 billion registered users. When properly utilized, it can bring in new customers and help you retain old ones. To increase your brand visibility and help viewers to get to know your company better, create a channel with videos about the products or services that you’re offering.
You can also encourage viewers to subscribe to your channel so they’ll be in the loop every time you upload a new video. Another huge advantage of using YouTube is that Google owns it, and videos from the site are more likely to appear on the first page of search results than other organic content.
Launched in 2010, Instagram is one of the fastest growing social media platforms today. It boasts one billion registered users, mostly on the younger end of the scale (18-24 years old). Instagram is primarily for sharing photos and short videos, but it recently launched IGTV, an in-app tool for users and businesses to upload long-form videos.
Keep in mind that most users prefer to use Instagram for fun and creative content. The platform is known for beautiful photos, so choose aesthetic content over standoffish or corporate content.
To hit two birds with one stone, integrate your Instagram account with your Facebook page so every new picture or video on your profile will automatically post to your Facebook page.
Another trendy social media platform is Snapchat, which allows its 300+ million monthly users to share photos and videos that disappear within 24 hours. Businesses can use this platform to reach younger audiences through Snap ads, sponsored geofilters, and sponsored lenses.
Snap ads are 10-second full-screen videos with embedded links and calls to action that will appear on the timelines of targeted viewers. Sponsored geofilters and sponsored lenses, meanwhile, are custom filters that may contain elements relating to one’s brand. All these marketing options are available through AdManager, the app’s advertising platform.
Twitter has 328 million active daily users. This number may be small compared to the other social media platforms on this list, but that’s precisely its charm: it gives users the feeling of security and coziness that comes from chatting with businesses directly and publicly. In fact, a whopping 85% of SMBs have Twitter accounts that they use to engage with current and potential customers. And because Twitter only allows up to 280 characters per tweet (excluding links), conversations between parties are straight to the point and results-oriented.
If you have more questions about social media platforms and how to use them strategically, contact us today.