Better Understand and Grow Your Business With Social Media

I have been on Facebook since 2006, Twitter since 2008 and used both platforms as a way to grow my supply company that I used to own. Yes, I even had a very active MySpace account. In the last 3 years, I have also been active at Google + and keep my LinkedIn profile updated quarterly. I also am active on YouTube. So let’s better understand and grow your business with Social Media.

So first off what is the point? Why spend time and effort on this? I think as an industry we are definitely slow to adapt many of the tools available to us with social outlets. If you look at some of the major players in our industry very little time and effort is put into social media. Social media does take lots of time and it is hard to really see the results quickly. Also, for many in our industry, we are more of an analog industry and are just now getting to the digital age. Pad Printers are a prime example. Wonderful creative and talented people that stamp ink. They can make just about anything work, but ask a hardcore pad printer their thoughts on the digital sublimation systems is often “that horrible trouble creating machines can take a flying leap… ” But in the right environment with the right market, sublimation can be a savior for a pad printers business. So back to Social media…

So why the do we need to be on social media? 37 million people log onto to Facebook daily, and in the last 10 minutes, 40,250 Tweets have been posted. How about Google +? Who do most all of us go to when we want to search for something on the internet? There are 5,922,000,000 (Yes that is 5.9 Billion) searches on Google per DAY. Google holds a staggering 67.6 percent of the U.S. search engine market share, according to the latest search engine market share figures for April 2014, released by comScore. Being on G+ and talking about search terms that are important to your business as well as sharing links to your website on G+ correctly will help your search ranking. By improving your search ranking you will have a better likelihood that someone goes to your website who is interested in the products and services you offer. So the numbers are right. There is an audience and chances are most of your customers are somewhere on social media waiting for you to interact with them.

The other reason for many of us is the price. The price cannot be beat… FREE! Being social is absolutely free and just takes time and effort. There are things you can spend money related to social media that will make things a little easier, but honestly people doing it right and spending the time needed don’t have to pay a thing to promote their business and find new customers. What are your alternatives to reaching your customers? You could exhibit at a trade show or home show or another event. Plan on spending $5,000 to $10,000 to really do that right, though. You could do internet advertising with banners or Google AdWords. Plan on spending $1,000 to $2,000 a month to get the kind of reach you can get with social media. You can put ads out on the radio, TV or even the local newspaper, but again they all cost money, a commodity that most small businesses don’t have in abundance yet. Now using social media to improve the ROI (return on investment) for the above things is something you should be looking at doing. Let’s say you spend the $5,000 to display at a local home show, but by luck of the draw end up in a corner behind the local loud mouth realtor and no one comes to see you. How about using social media to get people past the realtor with images of your booth, jokes about the loud mouth realtor or otherwise. Be yourself and help people come find you.

Another plus is it is not one sided like many other marketing methods, you don’t have to be the only one growing your business with it. Real quality interaction is driven by your customers and potential customers. Your job is to foster interaction between your company and products. This is not the elevator pitch where you have 30 seconds to sell your goods and services, this is the time to talk about things that interest your customer and build a relationship that will turn them into lasting customers. Also, happy customer make the BEST salespeople so give them an outlet to advocate for your brand by having an active social media plan.

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