How To Measure Your Social Media Marketing Strategy
Your social media marketing strategy is the master strategy for how you make, submit, and engage on your social media content to gain maximum exposure. It encompasses your actual social media content rules, posting cadence, creative strategies, and engagement strategies. Social Media Marketing Strategy is a very powerful internet marketing tool for generating high quality traffic to websites. Social Media Marketing Strategy is not a set of tactics or methods but rather an evolving process. Social Media Marketing Strategy is a must in today’s competitive business environment. For the same reason, it is not a strategy that you can implement yesterday, it takes continuous conscious effort from your end to get results.
There are many factors to consider when developing your social media marketing strategy.
The first step in any strategy is to develop metrics to track progress. There are two types of metrics available – qualitative measures which provide detailed reports on consumer responses to your promotional campaigns and quantitative measures which provide information on conversion rates between promotional advertisements and actual sales. Another crucial aspect of your social media marketing strategy is to set goals. Goals should be both quantitative and qualitative. quantifiable objectives like number of followers and engagement rate; and non-quantifiable objectives like brand recall and loyalty.
Your social media marketing strategy must take into consideration how to attract and entice viewers to subscribe to your channel.
There are several ways to attract viewers. It is important that your strategy allows you to define how you intend to engage your target audience. The strategies you employ to reach out to your target audience must be consistent with the values and objectives of your brand.
Another crucial factor to consider when developing your social media marketing strategy is creating measurement tools to aid in tracking progress.
One such metric is measuring the number of impressions your promotional efforts generate. Measuring the number of impressions will tell you how effective your strategy is in driving traffic to your website. Measuring the number of subscribers to your channel will tell you how successful your efforts are in gaining a subscriber base. And finally, measuring the amount of time users spent on your page will tell you how active your users are on your page and whether they are likely to become loyal buyers or not.
You also need to make sure your brand and your product are clearly defined when formulating your social media marketing strategy goals.
For example, if you are looking to drive traffic to your website, then your goals should focus on building a large subscriber base. Similarly, you need to make sure that your brand is well defined so you know what it stands for and what you can deliver to customers. This means focusing on your product description, testimonials and performance history so you know exactly what you are selling.
Lastly, your SMM strategy should be based around the various platforms that are available on the internet today.
There are many platforms available for you to use for your SMM efforts. Make sure your strategy includes all the available platforms as this will help you to reach out to as many potential customers as possible. It is important for you to use all of the available tools and remain vigilant and focused as you build your social media marketing strategy to gain the largest amount of ROI possible.
Question
What do you do differently with your Social Media? Leave a comment below with your answer.