Social Media and the Future of Business
Posted on 18th August 2021 at 15:45
Social media has seen a lot of changes in the short time we’ve had it in our lives. Though we use it for everything from idle chatter to heated discussions, perhaps the largest development is how integral it has become to brand awareness, customer service and sales.
As the way in which we do business continues to evolve, an active presence on social media has never been more important for companies of all shapes and sizes.
The kids are growing up
Whilst Millennials are people who were born between 1981 and 1996, those who are categorised as Gen Z were born after 1996. At the moment, these groups account for around 38% of the workforce, which will naturally increase with each year that passes.
Meanwhile, GlobalWebIndex shows that these generations use social media just as much as search engines for researching products and services. With this in mind, it’s crystal clear that social media plays a leading role in both brand growth and retail transactions, which is why businesses need to incorporate it into their marketing strategies more than ever.
User behaviours are changing
Another core factor is how social media platforms are constantly developing. LinkedIn was once solely used for posting corporate news, recruitment opportunities and company successes, yet it has now taken on a more relaxed vibe, with many users also sharing light-hearted content and snippets from their personal lives.
In 2019, the platform added the sticker feature that allows the overlaying of bright and humorous cartoons onto a user’s photos, which some may consider more appropriate for Instagram and Snapchat. This tool reflects a shift in user behaviour, gradually transforming what was once a relatively stuffy networking site into a far more relatable and friendly community.
All platforms have their benefits
Something that we hear all the time when talking to new clients is that they believe one platform or another is on its way out. However, this is often down to subjective experiences and individual preference, rather than genuine trends and what’s best for their business. In fact, all four of the major players – Facebook, Twitter, Instagram and LinkedIn – remain extremely popular with consumers and can each be used in different ways to grow a brand.
According to Hootsuite, 86% of B2B organisations prefer LinkedIn and 98% of B2C companies choose Facebook as their favourite platform. Granted, this is useful data that can help to shape marketing activity, but the bigger picture must always be in focus – taking limited statistics as gospel can be a dangerous game. If you were to ask someone what their favourite fruit was and they said oranges, you wouldn’t assume that they don’t like apples.
The same goes for your company’s social media – if your primary audience is on LinkedIn, the team at sobananapenguin ensures that the page becomes stronger and more polished, simultaneously factoring in ways to add value to your other channels by increasing relevance and engagement.
Striking the right balance
With over a decade’s experience of managing social media accounts for sectors that include accounting, law, IT, retail, tech, pharmaceuticals, engineering and the arts, we believe that brands should forge their own digital paths, rather than blindly follow those of others.
We’ve seen so many companies that post to Facebook a few times a day, Twitter haphazardly and LinkedIn whenever they happen to remember their account exists. Even worse, content is often cross-posted without tweaking it to suit each site’s format. Consistency mixed with customisation is crucial, as sloppy content and lack of responsiveness can make a particular audience feel excluded, which reflects poorly on the brand.
The key is to balance regular posts with engagement techniques specific to each platform, making the customer experience a fluidic process across the entirety of your social presence. At the forefront of this is your company’s unique voice and vision, which is what converts curiosity into custom.
Let’s be social
If you’d like to have a chat about how social media will benefit your business, please fill in our contact form or connect with Rich on LinkedIn.
Tagged as: social media management
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