Why must brands invest in social media?
Social media marketing is already the next big thing. It has become unavoidable for all companies which wish to be successful marketers. Being present on the social media platforms with a strong profile, interesting offerings and interactive module is the key to reaching the target customers. Games, contests and daily status updates on the social networking sites by corporate entities are common now. But what is it that drives the need for social media? Let us have a look at some factors which have made the virtual world as significant as the real one:
- People want to be the change: They do not want to depend on anybody for promoting their ideas. The social media gives a platform which is open and accessible by all. Plus, the reach it offers, ensures that the idea for change is spread far and wide.
- Research and Reliability: The decision making process of individuals has undergone a change and now people conduct a thorough search before choosing any product or service. The medium for search is internet; and if a company is present notably on the social media, its offerings have greater chances of being selected.
- Engage People: By running contests, brands can effectively connect with the target audience and engage them. When people become involved, the brand recall increases and at the time of making the purchase, they will be more likely to choose the brand which they recognize.
- Lead Generation: The biggest of brands across the globe have used social media effectively to gain traffic on their websites and generate sales. From getting queries online, to orders being places, people are using social media sites for all sorts of activities.
- Get external information: The companies can also network among themselves, create hyperlinks and share resources, for making their services more effective. Convergence is the need of the hour, and it’s happening on social media.
Finally, if you are not convinced by any of the above reasons, competition will drive you to invest in social media and get going.