Tag Archives: growth

Identifying And Growing Your Target Social Media Audience

One of the biggest mistakes made in social media marketing is building the wrong communities. What we mean by that is that many brands and marketers build followings of their peers, competitors or incorrect prospects, rather than their target audience. Subsequently, the time spent on social networks engaging, creating and posting content doesn’t achieve the level of desired results that they had hoped.

Why is the proper targeting and growing of your social community so important?

Our experience tells us that any marketing that is being executed, no matter how skillful, creative or unique is always limited by improper targeted of audience. For example, if your intended audience is nurses, yet you attract, connect with, follow and engage with mostly healthcare vendors like yourself, your results will be minimal. Furthermore, if your company is a restaurant in Chicago and you send direct mail advertisements to homes in Boston, do you think your marketing resources will achieve a return?

Social media marketing is very similar from the audience targeting metrics of other marketing mediums in that you need to know specifically who you are trying to reach. By specifically, we mean you need to be able to clearly outline all facets of your prospective social connects three ways:

Geographically – Specific location or locations, including city, state, region, county or country.

Demographically –  Things like gender, age, ethnicity, language, home ownership, employment status, etc.

Psychographically – Personality, values, opinions, attitudes, interests, and lifestyles

If you do not specifically know who you need to connect with and/or know but are connecting and engaging with others instead, your social media results will suffer greatly. Therefore it is important that the community you build is made up of the of people you need to reach for the product/service you are marketing.

It makes doesn’t it? Please tell me it does… If in fact it does make sense, why do so many do the exact opposite of these things in their social media efforts? The answer is, it is not easy and being humans we often take the path of least resistance, to our own detriment.

Identifying and Growing Your Social Community

Let’s attempt to change the difficulty factor of growing a targeted community through knowledge.

1) Identifying Your Target Audience – The first and most important step to growing a targeted community is to define it clearly. As we stated above, you really need to know who you are trying to reach, where they are located and what interests them. Since we know effective social media marketing is not about you, but rather your audience, then nailing the details of who you need to reach is imperative!

Be very specific about the location(s), demographics and interests of your intended audience. The more specific you are in defining who you want to reach, the more effective you can be. Though geographic and demographic can often be easily determined with experience, psychographic interests can sometimes stump even the most experienced marketer.

There are two tricks to help you identify the more vague psychographic targeting. They are;

  • Competition: One way to determine more about your prospective target audience is to watch your peers and competitors social accounts. Watch for the non-business related topics and interests that drive your prospects to engage, like and share. Taking this further, look at the personal profiles of your prospective customers and take note of the topics that thread through everything they engage with online. The list that results from investigating several prospective customers and competitors social accounts will result in identifying 4-8 key interests or topics that drive your audience.

and

  • Existing Customers: Speak with existing customers and known prospects about their interests on and offline. Discover that drives them in their life. Those are the topics you want to share content on and use to find your target audience.

2) Growing Your Target Audience – There are two distinct ways that marketers should be actively growing their target audience. Attracting new connections and proactively connecting. Having a community that is constantly growing with new connections, while engaged with conversations and relationship building is crucial for numerous reasons and should be a strategic part of any social media marketing program.

Let’s define these two community growth elements.

  • Attracting – If you desire to have organic growth within your social community, ensuring that you are attracting the right connections is imperative. To do this effectively, you will want to be sure you know who you are trying to reach and what topics drive their activity on social media (as we discussed above). Using this information and the other research we suggested, you will want to tailor your content curation, creation and hashtagging to these interests. Be sure that the content you are sharing and the hashtags you are using to attract your following is correctly focused on your prospects needs and interests, not that of your company, peers or competitors.

and

  • Proactive – Supplementing your attraction growth should be an extremely consistent and highly targeted execution of proactive connecting. If you know who you are trying to reach and have defined this very clearly, social media profile searches, viewing friends of your connections as well as connecting with your competition’s following is extremely effective.

At the end of the day, you must be providing value to your community, engaging in conversations and building relationships if your social media marketing efforts are going to see real results. If your strategy is on point, being executed properly and conversations are a daily part of your process, adding audience growth and targeting methods into the mix will add substantial results to your bottom line.

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Filed under Audience, Brand, Community, connection, Content, content creation, Curation, Hashtag, Marketing, Relationship, Results, Social Media, Social Media Content, Social Media Marketing, Strategy

100% Year Over Year Sales Growth Exclusively Through Social Media – You Can Too!

Is it possible for a small startup company with little funding to succeed exclusively through social media marketing?

Can social media really achieve ROI (return on investment) no matter how crowded their industry space is?

The question of ROI, huge sales and revenue growth for an organization built exclusively on social media marketing as its one and only marketing channel is constantly a topic of discussion online. Many are now writing articles that suggest a change of focus toward less measurable things like branding, exposure or some other old school marketing lingo that simply replaces real results with a lot of flashy terminology.

100 percent sales, revenue and user growth The answer is a definitive YES!  You can get ROI and more than 100% sales and revenue growth each year. How do we know? We’ve done it. We would like to make it official.

Today Bundle Post is announcing that it has achieved over 100% sales, revenue and user base growth in less than 12 months!

Do you think we are a little excited? Of course we are. shouldn’t we be? We have not even done a single social or online ad whatsoever.

You can do this too!

So the question becomes, how does a social media technology startup that is self-funded and in one of the most crowded spaces online compete with companies that have millions in venture funding?

Below you will find six keys to an effective social media program. We also include links to more detail on specific items within each section. So let’s take a peek under the hood…

1) Start Early –

You can’t wait to start your social media marketing when you have your site, product or ducks all nicely in a row. You need to have built a community well before you launch your actual product or service if you are going to be effective launching it in social media. So you have to start early and build a community that knows you BEFORE you are ready to go to market.

Already launched, now what?

If you have already launched your company or service, you’ve GOT to work over time. Growing your community size is every bit important as anything else in social media. This has to be a constant and active part of what you are doing.

WHY?

You have to have a large enough audience to make social media effective. Think of radio or TV advertising. Although it is mass market, direct advertising and anything but social, it’s about the numbers. Social media marketing is about the numbers too, but not only the numbers. It’s also social. You must find your target audience and connect with them. In essence you need to take an active role in growing your audience on a daily basis and not just building your profiles and hoping they will come.

But this alone doesn’t make social media effective. It’s just a single spoke in the wheel.

2) Stay Consistent – In social media, there is nothing more important than consistency. Just like in sports, if a team is really good at something, but not consistently, they struggle to win. You need to be consistent will all of your social media components if you expect to see results.

Here are a few things to be consistent at:

  • Selfless Value – Share enough relevant, valuable content every day, all day that is interesting to your target audience.
  • Be Grateful – Thank people who share your posts. Do it always and do it quickly.

3) Strategy – You need to know exactly where you are going and how you indeed on getting there. Get this wrong and you’ll be in trouble. You need to get it right and stick to it! In social, we call that strategy.

Know these 5 things:

  • What is the specific and realistic objective of your social media program.
  • Who exactly are you trying to reach. (no time to be general. Think geographic, psychographic and demographic)
  • What are they interested in? (that’s what you need to post content about)
  • What brands/people have already built a following of your intended audience? (Follow their following)
  • How often do I plan to proactively engage with my intended audience DAILY?

4) Always Respond –

One of the biggest mistakes we see being made in social media is slow or no response from accounts. When you are mentioned, tagged or your posts are shared, you not only need to respond, but you need to do it rapidly. When someone engages with your brand or content you posted, they are there, right at that moment. Missing the opportunity to have a conversation is limited by the length of time you take to respond.

Ignoring connections that engage with your brand is a death sentence. Over time, they stop. Do this at your own peril.

5) Be Known For Something –

You don’t just DO social media and magically get results. Having an effective social media program involves really understanding your audience, the topics that interest them and the challenges they have that you help with. If you truly understand these things about your potential and current customers, you will know the topics you need to be known for posting about. This is called “thought leadership” in social media.

Beyond subject matters, be known for your engagement, gratitude and response. Better yet, follow our lead and also be known for your Customer Support. We are constantly and publicly acknowledged for our support response, willingness to help and hands on approach. Mimic this and make it not only a priority, but part of your company culture. You will thank me later.

6) Earn Relationships –

Before you start posting your marketing stuff in your feeds, be sure you have real, selfless value in them. A small percentage of what you post on a daily basis should be about you and what you do. The largest number of posts should be what we discussed in number 2 above. Curate content that is valuable to your audience and earn the right to pitch your wares by first doing that and responding to the conversations that result.

Building relationships is a process. Providing selfless value is the method. ~ 

Does this seem like a lot? Well, it is. There’s an enormous amount involved in running an effective social media marketing program. Your social media management, tools and workflow are the essential components that must work together effortlessly. For us and many other social media marketers, brands and agencies, Bundle Post is the glue that makes them all converge.

If you’d like a live demo of Bundle Post in action and a one on one social media marketing consultation, hit us up on Twitter @BundlePost

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Filed under Agency, Brand, Bundle Post, Content, Curation, Marketing, Relationship, Results, Social Media, Social Media Content, Social Media Management, Social Media ROI, social media tool, Social Selling, Strategy, Tools, Twitter

Hashtags Become Even MORE Important On Twitter

On July 3rd, 2013 Twitter announced new API rules for developers that create applications for the Twitter platform. One of the most important changes announced was that “automated following or bulk following is also prohibited.” Twitter HashtagThis is a significant hit to hundreds of legitimate as well as spam-like Twitter applications being used by millions of people worldwide to either “game” their follower counts -or- legitimately increase their targeted following.

What does all this mean for the Twitter User?

There are two sides to these changes, some being positive and some, well let’s just say they create some challenges you need to be aware of. Let’s start with a few of the positive things these rules should produce.

The Positives:

Spammers – If they can’t use these tools to mass follow people, this should positively impact the amount of spam and spammers that are using Twitter in this fashion.

Counts less of a focus – If gaining followers can be “gamed” less, then making your follower count the game will also be reduced.

Focus on content and conversation – Clearly if huge follower counts is less of the issue, people will have to refocus their efforts back to quality social media content and engaging in conversations in order to drive community growth. (Hello Big brands. It’s about time you did this right anyway)

The Negatives:

Community Growth Harder – For every small to medium-sized business and marketer, these changes and the ultimate demise of follow tools will certainly make growing communities more time-consuming and difficult.

Hashtags Become Even MORE Important On Twitter:

This brings us to hashtags… Brands and marketers must really understand their audience better in order to develop more targeted content and hashtag strategies that will attract their followings. You need to know the topics and content subject matter that your target audience is engaged with and therefore what your topical and content strategy needs to be to make it easier for them to find you. Therefore, incorporating hashtags thoughtfully in this mix will be paramount to the future of community growth on Twitter.

Ask Yourself:

1) Do you know the topics that your prospective followers are interested in?

2) Do you know the hashtags that your prospective followers are using and following on Twitter?

3) How are you going to more effectively use hashtags now that follow tools are going to be nonexistent?

If you don’t know the answers to these questions, you need to figure out the answers, and fast.

For consistent automated hashtag and content sharing tools read this.

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Filed under Community, Content, Engagement, Followers, Hashtag, Social Media Content, Social Media Marketing, Strategy, Twitter, Uncategorized