Marketers know about marketing mix, or at least they should, but are they embracing social media as part of their overall digital strategy?
Some are, but not all, and some of those that do, aren’t employing the best methods, mainly down to a lack of appreciation of the true power of social media.
Can a business afford not to include social media as part of their digital strategy?
IMHO, the answer to that is, no.
Although there are markets that will benefit more than others, I still believe that there’s a place for social media in every business, and not just in a marketing strategy.
To put this into some context, here are examples of how social media can play a part in business
- Enables a deeper understanding of customer needs
- Gives the ability to track evolving requirements and trends
- Customers can use their chosen platform to engage with a business on their own terms, enhancing perception, reputation and overall customer experience of the product or service
- Customers engage with other customers on social media platforms to share experiences of a product or service.
- A virtual “word of mouth” that can be heard by millions in a matter of seconds
Social CRM, do I hear you cry?
Your customers are already using social media, how can you afford not to?