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  • Writer's pictureResonance Brand Communications

Leveraging Social Media for Business Growth


Social Media for business growth

Developing an effective social media plan for small businesses in retail and branded products & services requires careful attention to detail. Each element contributes to the ultimate goal of building connections, community, and commerce.

 

But before we proceed, it's imperative to understand that social media does not work in isolation for a brand or any business. It's always part of the larger picture of a business's identity, deliverables, and messaging across other media platforms, especially traditional platforms. 


Let's review the following insights and guide for local business owners and managers.


Conduct competitor analysis


Conducting competitor analysis can provide valuable insights into what works and what doesn't in social media marketing. By employing analytical tools, you can uncover where your successful competitors find their social success, such as the platforms they frequent and the content that garners the most interaction. Audience Research is paramount in content marketing.


Scrutinising their top-performing posts and hashtags can help you better understand what resonates with their audience, and these insights can inform your creative process.


Delving into the ad libraries of various platforms can help you understand how competitors are investing in paid outreach and give you a better idea of what kind of ads work well in your industry. Besides, regular, mindful involvement with social media platforms like Facebook and Instagram would greatly help gauge what people are looking for and how they respond to brand communications.


Develop a content strategy


The key to developing a content strategy is setting clear, measurable goals. Objective-setting is paramount. Aim for tangible goals, such as a percentage increase in engagement or specific follower count by a set time frame. This could be something like '20% engagement uplift within the next quarter' or 'breaking the 1,000-follower mark'.


Organise efforts with a content calendar, a crucial tool for any seasoned strategist. This tool helps you clearly envision your campaign timelines and content flow. Leave room for further iterations and rescheduling as well. 


Drawing inspiration from existing successes, one might notice a trending local event or cultural nuance that can serve as a content pillar. A fashion retailer, for example, might tap into the vibrance of a regional or local festival, threading this theme into their campaign narrative to resonate with local sensibilities.

“A large social-media presence is important because it’s one of the last ways to conduct cost-effective marketing. Everything else involves buying eyeballs and ears. Social media enables a small business to earn eyeballs and ears.” – Guy Kawasaki, Chief Evangelist, Canva

Create content that counts


Creating content that rings true with the audience requires more than just selling a product or service. It calls for powerful storytelling that aligns with their lifestyle and values. For example, a local lifestyle brand can integrate customer experiences into their posts, sharing stories of real people using their products in everyday life. Such authentic narratives would surely boost their engagement and paint a relatable picture of their brand in the customer’s mind.


Explore beyond traditional posts. Customer success stories, employee spotlights, and collaborations with voices that mirror your brand’s ethos can provide authentic and engaging content. Every content, whether a static post, a reel, an infographic, or a blog, must live up to and align with the brand's core messaging stance. 


Embrace technology to streamline your creative process. AI tools can help generate ideas and create content more efficiently. But ultimately, your holistic grip over your brand's narrative, understanding of the market's nuances, communication techniques, and the cultural milieu of the target audience will eventually help you develop compelling content with the help of technology.


Be where and when your audience is


Consistency and timing are paramount in content distribution. Leveraging scheduling tools ensures that the rhythm of posts matches the pulse of the audience’s online activity. Consistency breeds familiarity, and such familiarity helps absorption of content more. Use social media management tools to maintain a regular posting schedule, ensuring your message is omnipresent.


A strategy that can work wonders for a home decor business is posting during the evening and on weekends when people are relaxing at home and possibly musing over a new look for their space.



Harness the power of hashtags. They’re not just symbols but beacons that guide your audience to your content. Choose them wisely and make them brand-specific.

One key issue to consider while distributing content across social media platforms is repurposing or crafting, resizing, and editing certain content specifically for the respective platforms. Every platform has its own set of rules and specifications, and if you are unaware of them, the whole exercise will not have the desired effect. 


Actively engage with your audience


Today, brands are not mere broadcasters but active participants in a dialogue. Engaging with your audience means celebrating their comments, promptly addressing their concerns, and making them feel heard. Captivate with posts that mention your brand, and employ proactive commenting as a powerful tool, especially on platforms where dialogue thrives. 


A tech service provider once turned a negative review into a testimonial by swiftly addressing the issue and winning back the customer’s trust in a public forum, showcasing their commitment to customer satisfaction. It's like being a friend to your customer and not an aloof, transaction-driven entity. 



Be prepared for all feedback forms. Construct a response strategy that addresses comments swiftly and constructively, maintaining a positive brand image. The comments and reviews, including trolls, are a goldmine for consumer insights. 


Analyse and refine


The art of measurement is in the refinement it allows. Periodic analysis is non-negotiable. Run reports on follower growth, post reach, and engagement metrics to understand the efficacy of your strategy. Numbers can help you get the pulse and restructure or enhance the existing strategy. 


By tagging content with labels like 'seasonal sale' or 'how-to guide', brands can quickly discern what works. Regular reports highlight not just the growth in numbers but also in brand sentiment. It's about evolving through insights. 


Establish benchmarks based on competitor performance and adjust your strategy for continuous improvement. Your brand's perceived differentiation in terms of value and delivery counts. Gut feel and knowledge are not enough unless you are reasonably aware of the market scenario. 


Small business owners and marketing managers often have to juggle multiple responsibilities, leaving them with limited time to develop a comprehensive social media marketing strategy. The complex and ever-evolving nature of social media can make it seem like a daunting task to encapsulate all the elements into a cohesive plan.


This is where a partnership with a creative agency can bridge the gap between potential and success. An agency that doesn't just speak in terms of likes and shares but understands how branding and communication works, the pulse of the local market and the global digital landscape. They can tailor a strategy that captures the essence of your brand and the imagination of your potential customers. It's not about handing over the reins but about collaborating with experts who can amplify your voice and take your brand to new heights.



Md. Anisul Hoque

Founder & Creative Head



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