How to create a social media marketing strategy in 10 steps

Social Media Marketing can be an effective way to reach your target market and grow your business. Anyone can post content to social media properties, but if you want to produce strong results, you’ll need to create a social media marketing strategy.

In this white paper, we outline the key elements that should be included in your social media marketing strategy. With the right approach, you can turn your online platforms into brand-building, lead-generating powerhouses. By now, social media marketing is such a staple you hardly need a reminder of just how effective it can be if done right.

Below are 10 key steps to leveraging social media for your company, growing your influence, and engaging with potential customers to be more successful in your business. Read the white paper to get an overview of the strategy, and then click the full article link in each step for a deeper dive.

Go Deeper: UNDERSTAND YOUR GOALS AND INVESTMENT

Step 1

UNDERSTAND YOUR GOALS AND INVESTMENT

Since many of the tools used in social media marketing are free, most of your investment will come from time spent on creating content, syndicating it across the appropriate social media sites, and then measuring and optimizing the program. When planning how much time you will invest in your program, consider mapping out your investment per activity such as developing goals, listening and engagement, creating and syndicating content, tracking, reporting, and team training. Your level of effort and the cost of that time will become the denominator in the Return on Investment, or ROI formula.

To calculate the ROI of your social media marketing program, you also need to quantify the “return” part of the ROI formula.

Here are a few things to keep in mind as you kick off your social media marketing strategy:

• Traffic: Since most of your social media activity will result in more web traffic, you can easily measure this traffic and the business value behind it. Using a tool such as Google Analytics, you can set up a segment report that shows the visits from specific social media sites. You can also see who filled out a call-to action form, if available, if they provide their contact information.
• Brand impact: You can measure brand impact through the number of positive and negative mentions you receive on blogs or social media sites. Imagine if you could better leverage social media to increase your keyword rankings on search engines, drive more traffic to your website, and connect with your audience in a more personal and powerful way?
• Conversions: Also, look at the conversion rate of the offers on your website. If more people are buying or requesting information as a percentage of the total visits, you can attribute this uplift to more effective branding. Of course, it’s okay to have intermediate goals for the social media program, but rather than developing general goals such as “Generate exposure for my business,” or “Increase website traffic,” get specific.
• Goals: Develop goals that are measurable and tie to actual metrics such as “Achieve 100 brand mentions on Twitter and blogs by the third month of the program,” or “Increase traffic to my site from social media sites to 1,000 visits per month and convert this to 50 leads.” Better yet, make your goal results-oriented, such as, “Get 50 leads that convert into 15 new customers in the next 3 months.” Once you have a good understanding of your social media goals, you’ll be better able to organize your activity around your goals to achieve business results.

Key Takeaway: Good tracking of social media metrics will allow you to both justify your efforts to your company and allow you to make changes to the programs, as necessary.

Go Deeper: GET TO KNOW YOUR AUDIENCE

Step 2

GET TO KNOW YOUR AUDIENCE

 Once you have quantified and stated your goals, you can begin to create your social media campaign. Before you create your Facebook Page or write your first tweet, however, it is critical to understand your audience. Which industry, demographic, or location does your audience represent? Since social media communication can be personal and informal, it is helpful to create several profiles or “personas” that represent the different segments you’ll be communicating with.

Several of our clients identify their audience by naming people in the segment and thinking through their unique characteristics. For example, if you are selling to the IT market, you might invent “Susan,” the 45-year-old CIO of a medium-sized company, and “Terry,” the Database Consultant. When you start to think about the content that your market needs, it is easier if you can personalize it by thinking of what Susan and Terry might need.

Key Takeaway: Social media is about people, so it is important to get to know your audience and their unique needs and interests.

Go Deeper: ANALYZE THE COMPETITION

Step 3

ANALYZE THE COMPETITION

Since most of the internet is public, you can get a good understanding of what your competitors are doing with social media and learn from them before you launch your own campaign. To get started, look at their Instagram, Twitter, Facebook, LinkedIn, YouTube, and TikTok accounts.

Read what they are saying, see how many fans and followers they have, and who is following them. When you are doing your research, remember to write down the key metrics so that you can compare your growth to their growth over the coming months and years. There are tools to help you research the competition, like BrandWatch.

Key Takeaway: Since social media is public, you can easily monitor your competitors’ activities.

Go Deeper: IDENTIFY CONTENT AND PEOPLE

Step 4

IDENTIFY CONTENT AND PEOPLE

Social media programs require a lot of content, so instead of planning to create everything from scratch, take an inventory of what already exists that you can use for this program. Do you have videos, white papers, presentations, case studies, web pages, articles, or even press releases that can be repurposed for your social media campaign? You may not want to take a two-year-old case study and pass it off as new content, but there is no reason you can’t repackage key facts in the case study for a series of tweets, or even promote it again on Twitter. You should build a comprehensive inventory of content, so you can hit the ground running without having to recreate the wheel.

Social media is very personal. Your readers will want to know who they are talking to and learn as much about them as possible. It is important to recruit a group of key communicators within your company who can act as spokespeople for the campaign. If your CEO is a gifted writer and can invest time for the social media campaign that is great, but you can also draw upon the expertise of other executives to participate in the program over time.

To get more leverage out of your social media program, you’ll want to get other industry influencers to talk about you and pass along your content to their audience. You can find these people by searching for Twitter users who are talking about you or your keywords with the most followers. You can also search for people in your industry using a service which ranks their overall influence. Since you have limited time to build relationships with key influencers, spend your time getting the most influential people in your industry to promote your content.

Key Takeaway: Leverage good content with communicators within your company to ensure quality conversations.

Go DeEper: CREATING SOCIAL MEDIA PLATFORMS

Step 5

CREATING SOCIAL MEDIA PLATFORMS

Now that you have done all the work to prepare for your social media launch, you are ready for the next step of creating the actual social media site. This is where your ideas turn into reality with content and web pages on various social media sites.

 The first step is to decide which sites you are going to use. The most popular sites are Facebook, Instagram, YouTube, Twitter, LinkedIn, and TikTok, the relative newcomer that businesses increasingly use to connect with certain consumer groups. Even though these are the top sites, you don’t need to use all of them, and you can add others if you feel that there is a site that is more appropriate for your industry.

SELECT THE BEST PLATFORMS

Often B2C companies choose not to utilize LinkedIn, and B2B companies may opt not to use Facebook. Both sites can be used for any industry, but if you have limited resources, make sure you choose the sites that are most relevant for your target audience. With each of these sites you’ll need to register and secure a page with the name of your company. If your preferred name is already taken, then choose something close that is short, makes sense and is easy for your readers to remember.

CUSTOMIZE YOUR PAGE

Most of the channels allow you to create custom design and graphics to improve company branding on other otherwise bland pages. You should take advantage of this option by creating a strong design that engages the user. Twitter and YouTube both offer the opportunity to create a custom design background to reinforce your brand and give the user additional information about you. Facebook lets you create banners and other graphics that tell your story. LinkedIn lets you create custom product pages that give more detail on your company, products and services.

For all these sites, make sure you provide the user with all the information you can. Writing the content for these sites is a little like writing a small website, so set aside time to create engaging and keyword-rich content.

Key Takeaway: Set up the appropriate social media sites and leverage design and content tools to effectively communicate your company and brand.

Go DEeper: CREATE AN EDITORIAL CALENDAR

Step 6

CREATE AN EDITORIAL CALENDAR

Once you set up your sites, it is time to create a plan to create and distribute the content. For some companies that means creating all new content, while others have a great deal of content that can be repurposed for the social media campaign. Some organizations take a casual approach to creating content, while others are more deliberate.

In the casual approach, you may look at your accounts every day and decide what content to write and post. This approach allows you to be very dynamic and responsive to content you see across the internet. Your content will be very fresh, but it can also be stressful to think of new ideas for content and posts each day.

A more deliberate approach would be to create an editorial calendar which will become your guide to the themes for each day or each week. You can organize your editorial calendar around content like:

• white papers
• webinars
• events such as conferences or trade shows
• product features and services

By knowing what your core content or themes are each week, you’ll be able to be more thorough in covering subjects. It’s also easier to include others in the content creation process since you can schedule specific contributors into your schedule.

It’s helpful to manage the editorial calendar in monthly and quarterly views. By planning one to three months ahead, you can take into account new product launches, events and other activities that will drive new content for you. Just because you have an editorial calendar doesn’t mean that you won’t be dynamic or responsive to the market. It gives you a framework to guide all of your content creation activities.

REPURPOSE CONTENT TO SAVE TIME

When you build your content plan, remember that you won’t need to develop all of your own content. It’s perfectly acceptable to repurpose other people’s content within your campaign. This serves two purposes:

1. By posting links to other good content, you’ll position your company as the thought leader and expert in the industry.
2. The organization whose content you repurpose will recognize the traffic you are sending to them and be more likely to repost your content.

This is a key way to ensure broad distribution of your content. Before you launch your social media sites make sure you set up tracking so that you can see the impact of your work. Two tools that are very helpful here are URL shortening tools, and website analytics tools. URL shorteners allow you to track the number of people that click on the links in your tweets and posts. These also shorten the URLs you use to make them fit in sites like Twitter that impose character constraints on the content of your post.

INTEGRATE YOUR WEBSITE AND LANDING PAGES WITH SOCIAL MEDIA

Google Analytics, for instance, enables you to see the impact of your social media sites on website traffic and goals. Once you set it up properly, you will be able to see how much traffic comes back to your website from each social media site, what those visitors did on your site, and how many conversions resulted from social media activities. Another key step before you launch is to make sure your website and landing pages are integrated with your social media program. It is easy to put social media sharing tags on your landing pages, emails, and homepage to allow people to share your content with their network. You should also give people the ability to follow you from your website.

Go Deeper: ENGAGING YOUR AUDIENCE

Step 7

ENGAGING YOUR AUDIENCE

 Now that you’ve created your presence on social media sites, you are ready to start syndicating your content and building your followers. When you post content to the various social media sites you’ve created, it’s a good idea to customize it whenever you can.

LEVERAGE SOCIAL MEDIA POSTING TOOLS

If you are posting to Twitter, you need to limit your post to 280 characters (unless you have a paid account), but you will have more room on LinkedIn, Instagram, or Facebook, so use it if you have something important to say. You can also take advantage of tools that allow you to post content once, and then have it automatically flow to other sites. SproutSocial, HootSuite, Buffer, and MailChimp are all designed for this purpose.

POST SHORT-FORM VIDEOS

TikTok kickstarted the era of bite-sized videos. Now, video content tends to drive higher impressions and user engagement than other types of posts. A big social media trends report shows Reels are gaining in popularity with a 20% jump since 2020 in users engaging with this feature on Instagram. But keep in mind the report also shows Gen Z are just as likely to be watching 20+ minute videos as they are <4-minute ones. In other words, if you have the capability to create videos, it’s an investment that’s likely to pay off.

BUILD REPUTATION IN GROUPS

This will save you time and make it easier to leverage the work you are doing to build content on various sites at the same time. Most of your content will be appropriate for your own sites, but don’t forget to post content to other groups or blogs where it’s appropriate. This can often give you much broader reach than posting to your own site, especially in the beginning when you don’t have many followers and fans. As you get more engaged with groups, you may want to alter your content creation calendar to create more content that’s appropriate for groups, since it often needs to be less self-promotional. These groups can be wonderful places to build your reputation with your target audience and encourage them to follow you.

MAKE IT A TWO-WAY CONVERSATION

Interaction on social media sites should be a two-way conversation. If you walk into a networking event and only talk about yourself, you’ll soon be considered boring and self-centered. The result will be that you’ll have limited opportunities for good conversation and connections. These same principles apply to social media. The more interactive you can be with others, the more people will respond to you.

All users, of course, are not equally influential, so pay special attention to people with large groups of fans and followers. It will make a more meaningful impact if you can engage a person with 25,000 followers as opposed to a person with just 500 followers. Focus on the most important people, but engage with everyone you can, and you’ll be seen as a friendly, easy person to connect with. As you interact with people, it’s also important to notice and respond to what others are saying with personal comments.

These types of posts can make you seem real and approachable. It may feel like you are using social media sites as you would email to say “thanks” or “nice work” but remember that others will see this and it will enhance your reputation as being approachable, positive and easy to work with.

Key Takeaway: In a social situation, you’ll do much better if you listen as much as you talk, and if you’re as interested in commenting on others’ success as you are your own.

Go Deeper: BUILD YOUR AUDIENCE

Step 8

BUILD YOUR AUDIENCE

 While you are posting content and interacting with your audience it’s critical to build fans and followers, or you may find that your social media work will have little impact on your business. Unless you have thousands of fans it’s unlikely that your posts will generate much of an impact.

Let’s use a simple example to illustrate the math here. If you are posting two tweets every business day (40 tweets per month) and have 500 Twitter followers, then you have the potential to make 20,000 impressions per month. (In practice you may get more because of retweets and search, but we’ll leave this out of the example.)

If you can increase your follower base to 10,000 followers, then you have the potential to get 400,000 impressions with no additional effort. If your click-through rate on tweets is .1%, in the first example you’ll generate 20 clicks to your website per month and in the second example, you’ll generate 400.

Here are four ways to build your follower and fan base:

1. FOLLOW THE RIGHT PEOPLE

When you follow people on Twitter, they often follow you back, so the key is to follow the right people. Start by searching for people who work for the companies you are interested in and follow them. You can also follow people that post content about you. Another strategy is to follow people that follow your competitors or industry luminaries. After you follow these people, monitor whether they follow you back. If they don’t, then stop following them, and start following others. You can repeat this process over and over as you build up your follower base.

2. CREATE CONTENT THAT IS WORTH SHARING

Great content that can build your follower base exponentially. Going viral is, of course, going to yield big results, but since that’s not likely to be a daily occurrence, you will need to systematically share content that entices your audience to pass it on to their friends and followers, whether it’s a video, coupon, article, white paper, or other offer. This means that even if you only have a few thousand followers, your offer can be seen by millions of people within a few days. It’s often hard to predict the content that will go viral, but you should try to be as creative as possible to create content that will reach this threshold, because it can dramatically accelerate your social media growth if you do.

3. LEVERAGE OTHER PROMOTIONS

There are many ways to promote your social media presence to build your follower base. Before you use these other promotional techniques, be sure to think about what is in it for the user, not just what is in it for your company. Will they get access to leading-edge content, coupons, or inside information? If you have something special that you can offer them, then you will have a better chance of creating a meaningful and powerful call to action. One obvious place to promote your social media presence is on your website.

It is easy to put the icons for your social media sites in a prominent place on your website, but you should also consider ways to promote the social media icons to help improve the click-through rate and your overall followers. Email can be another important way to promote your social media presence. You should put social media icons and links on every email to encourage content sharing and more followers. Another great place to promote your properties is during your direct customer contact. By training your sales and customer service teams to point people to your social media sites, you will build up a base of high-quality followers.

4. ADVERTISE

If the previous three ideas don’t produce the results you are looking for fast enough, then advertising can help. You can advertise on nearly every social media site and link the ads back to your social media properties. One effective technique on Facebook to gain followers is to put your best content on pages that they can only see if they like you. By driving more traffic to this type of landing page through advertising, you can dramatically improve your follower base quickly.

Key Takeaway: Take time to follow the right people and create valuable content.

Go Deeper: OPTIMIZING YOUR WEBSITE

Step 9

OPTIMIZING YOUR WEBSITE

Social media programs are very dynamic with new content being added every day. Websites, however, are often static, which is bad for SEO (Search Engine Optimization). One way to leverage social media content on your website is to add unique RSS feeds from social networks and blogs in categories that align with your website content. Then, open your thought-leadership content, like white papers and articles, up for discussion on those networks. This will bring fresh content to your website automatically and give your users yet another reason to visit your pages.

Make sure that your brand and social media presence is consistent on both sites. You can also build transparency and add the human element to your website with videos, photo sharing, profiles of your team, customer profiles, video case studies, and/or product reviews. People generally feel like they know the person they are interacting with better when they see a picture and/or know something about their personal and professional interests. Most websites are very sterile and tell you little about the people behind the company.

By including more content about the team, you will make the website seem more authentic and approachable. Since you will be producing a lot of social media content, you can bring it all together on one gateway by building a “hub page” or “newsroom” on your site that will bring together the latest social media content from a variety of sources.

Key Takeaway: Your website can be an essential gateway to all your social media activity.

Go Deeper: USE SOCIAL MEDIA ACROSS YOUR COMPANY

Step 10

USE SOCIAL MEDIA ACROSS YOUR COMPANY

Social media can be effective as a marketing tool, but keep in mind that there are also very productive ways to utilize social media for customer service, product development, sales, purchasing, and recruiting. By thinking of social media holistically, you’ll see how it can permeate every aspect of your company’s work. Your customer service team is focused on responding to customer issues and resolving them quickly and cost effectively.

GAIN CUSTOMER CONFIDENCE

Today, customers may not only complain directly, but they may also complain publicly on social media, so that their frustrations can reach thousands of other people who follow them. It is important for your customer service team to monitor your company’s brand terms on social media sites and then interact directly with these people in or to resolve the issues. One benefit of this approach is that their followers will see how you respond and may feel better about your product or brand. Product development teams can monitor the same stream of content for insight into product usage, issues, or frustrations that may lead to new features, products, or services.

GLEAN CUSTOMER INSIGHTS

They can also monitor what your competitors or their customers are talking about, and gain insight into their future. Social media can also be a great resource for getting feedback from the marketplace on potential new product features or service changes. Sales can effectively utilize social media in many ways. When prospecting, they can use tools like LinkedIn to identify potential customers, connect with them through their network, and then reach out to them. They can also learn more about their prospects’ professional background and personal interests, which may make it easier for them to build a relationship and turn the prospect into a customer.

By listening to their social media comments and posts, they will be able to gain a better understanding of their needs and wants.

BEWARE OF OVERDOING IT

However, be prudent with your sales-oriented social media usage. If people feel that you are stalking them or they are being “spammed” because you’ve found them on social media, you can create a very negative backlash. People don’t want to feel that their privacy is being violated or that they are being manipulated. Your purchasing team can use social media to find reviews and feedback before making important selections for products and services. Once they find relevant comments, they can also find other users and get personal feedback.

In the past, vendors would provide a list of vetted references that were all positive. Now your purchasing team can go beyond this sanitized list to find other customers and get the real story. This puts a lot of pressure on the customer service team of any company to manage their digital reputation to make sure that there are no lingering, unanswered negative comments, reviews, or ratings. Social media sites can also be used by your recruiting team when they are looking for candidates.

USE IT FOR RECRUITING

Just as the sales team can find potential customers on LinkedIn through targeted searching, the recruiting team can do the same. They can identify potential candidates and then approach them by phone or email to see if they are interested in exploring opportunities with your company. Once you find people, you can learn more about their background through their social media postings. Recruiters will want to see if the candidates have the kind of reputation that will make them a good employee or if there are any red flags that might need to be discussed during an interview.

SUMMING UP

Designing and implementing a successful social media strategy is not easy, but the payoff can be huge. Take a few weeks and go through this checklist of 10 steps. Have questions? A social media marketing agency like Nowspeed is here to help. 

Contact us today to get started.

About Nowspeed: As a pioneer in the ever-evolving world of digital marketing, Nowspeed distinguishes itself by delivering cutting-edge marketing strategies that accelerate growth for businesses worldwide. With a comprehensive suite of services, from SEO and social media marketing to pay-per-click campaigns and content creation, Nowspeed offers tailored solutions that align with your unique business objectives. Our dedicated team of marketing experts is committed to using data-driven insights and innovative tactics to help you maximize your online presence, boost customer engagement, and drive sustainable business growth.

Other resources from Nowspeed:

Social Media Profile Checklist For Your Business: Maximize Your Online Presence – Nowspeed

How To Use Instagram Reels In Your B2B Social Media Strategy – Nowspeed

How We Develop Corporate Social Media Campaigns (nowspeed.com)

Top Social Media Platforms For Technology Companies – Nowspeed