Jonathan Foley: 3 Ways Brands Can Level Up Their Social Media Strategy

Since the days of Web 1.0, social media has grown in tandem with internet communications technology. According to market-research and business-intelligence specialists Statista, worldwide social network users grew from 0.97 billion in 2010 to 2.46 billion in 2017. Based on their data analysis, Statista expects similar growth going forward. Where the public goes, enterprise follows. For example, corporate resource investment in direct advertising on social media platforms is rising. In the United Kingdom alone, advertising expenditures have increased at a much faster rate than the number of users, surging almost eight-fold between 2011 and 2017. Implementation of the General Data Protection Regulation (GDPR) throughout the European Union since the end of May 2018 is the latest in a series of events that highlights the growing public concern about data privacy on the internet. Advertising in social media has taken a big hit. Bad actors such as Cambridge Analytica have exposed the questionable ethics surrounding the relationship between user data and advertising at an infrastructural level on platforms such as Facebook and Twitter. This undoubtedly makes it more challenging for both aspiring and existing entrepreneurs to leverage the potential of such mediums, and the burden of proof in terms of transparency and ethics has appreciated considerably. It’s a Matter of Trust It’s one thing to bait readers or potential customers into visiting a piece of content on your web page or associated profiles. However, the real challenge comes in converting visitors into customers or subscribers and ensuring that the rate of conversion and retention remains on a positive trajectory. These are matters of reputation and trust, and you can’t fake integrity. If you can prove these traits to your audiences then you have won half the battle, and if you can prove them on a consistent basis there is little that can stand in your way. 1. Influencer Marketing One of the greatest and oldest tricks in strategic marketing is to develop trust by establishing valuable partnerships with influential affiliates across the industry and media. This has been true since before the internet, although the aesthetics have changed. Independent influencers such as social media personalities are now just as important as traditional industry-focused print and online publications. During a recent chat with Jonathan Foley , he said: Influencer marketing is one of the most undervalued marketing strategies by big brands. Most people are still stuck on traditional media such as radio and TV when everyone is looking at social media. Influencers have fans that love to listen to what they have to say. Find an influencer in your relevant niche and have them do a post for your brand. The ROI will be much better, and you can build loyal fans for your brand. Foley is a Florida-based entrepreneur and social media influencer focused primarily on Instagram (which is the second-most popular app for marketing professionals). He is responsible for founding @positivity and @societyfeelings (which have a total of 9m+ followers) and is the founder and CEO of social media […]

Full article on original web page… www.influencive.com

Related Posts