7 Steps in Creating a Winning Social Media Marketing Strategy

Social media was often seen as the wild child of the marketing department—the place where interns started their careers and brands could say random things with little to no repercussions. But times have changed, and the industry has matured.

Yes, social media is still a wonderful place for brands to have a little fun, but it also has a real and measurable impact on a business’ bottom line. Thus, social media can no longer live in a silo; it must be work in tandem with the rest of your business strategy.

To ensure that your social media marketing campaigns contribute to your brand’s greater business objectives, we’ve put together a 7-step guide to coach you through the process. We’ve also incorporated a checklist you can use to make sure you’ve done it all right.

Step 1: Ensure Social Goals Solve Challenges

Goal setting is a staple of all marketing and business strategies. Social media is no exception. Of course, with a range of social capabilities, it can be difficult to determine exactly what your objectives should be. For guidance, look to the challenges before you.

• Has website traffic dipped?
• Is customer loyalty low?
• Do you need to do a better job of building a positive brand reputation?
• Do you just need to make people aware that your product exists?

A smart social media marketing campaign can answer each of these questions. Prove your team’s worth by tackling them head on. To get you started, we pulled together a few common business obstacles and social objectives that can help brands overcome them.

Challenge: Low Website Traffic

The world is online. A brand’s website, therefore, is one of its most important marketing tools. Low website traffic can mean fewer customers and lower profits.

To combat this challenge, your social team should focus its goals on creating links directly to the website (whether they’re from your own social posts or influencers’). Link to useful content, subpages and company images to position your website and your brand as a resource rather than just another cog in the corporate wheel. This traffic should increase leads and, in the long run, revenues.

Challenge: Decreasing Customer Retention

According to The Chartered Institute of Marketing, it costs 4 to 10 times more to acquire a customer than to retain one. To keep your customers around, use social as a tool to support, communicate and engage. A good social relationship with your customers should translate into a better perception and offline relationship with your brand. By developing a strong social bond, customers will be more likely to stick with your brand time and time again.

Challenge: Poor Customer Service

People turn to social to engage with businesses. Therefore, it is important for your brand to be ready to help customers on any channel they can contact you through. Arm your social media team with the materials, education and authority to respond to customer questions and issues. When you do so, you’ll be equipped to respond to your customers in a timely and accurate way, regardless of how they reach out to you.

Challenge: Weak Brand Awareness

Social allows you to reach a broad audience. But honing and perfecting that message takes brain power and time. To create authentic and lasting brand awareness, avoid a slew of promotional messages; instead, focus on creating meaningful content and a strong brand personality through your social channels. Determine relevant hashtags and industry influencers you can engage with, and tap into those resources to extend your brand’s overall awareness.

Step 2: Extend Efforts Throughout Your Organization

Social has long lived within the marketing department, but that doesn’t mean it can’t (and shouldn’t) have a hand in nearly every business function, from human resources to research and development. To create a fully integrated social media marketing campaign, you’ll need to involve and integrate multiple departments, especially if your goals have a direct impact on them. Work with all your teams to determine how you can best support their goals and what key performance indicators are important to them (we’ve outlined some ideas on both below).

Sales

Social selling is a term that has grown in popularity since the rise of social marketing. By searching for sales opportunities and then engaging in a helpful and authentic manner, social media can be a great way to prime the sales funnel and find new leads.