Companies' Personal Connection as Influential as Friends'

For most brands of today, social media is “THE” place to be. It’s where most people are devoting their time nowadays, which is why small business brands are adding social media to their marketing mix in order to promote brand awareness and increase consumer engagement.

The main point in using social media in your marketing mix is to engage and connect with your audience. People don’t want to be bombarded with advertisements in Facebook or Twitter – they want to keep in touch with their friends, read interesting posts and updates, watch relevant videos, and get information about sales, specials and giveaways with regards to the brands they love.

As a small business owner, you’re definitely interested in how much you’re influencing consumers through social media. You want to know if you’re really increasing brand awareness, if your website is getting traffic from these platforms, and if it’s resulting in an increase of revenue for your business.

In a survey conducted by Market Force Information, they discovered that social content posted by brands are practically as influential as social content that are posted by friends. Social content is influencing consumers’ buying decisions, whether they’re posted by friends or brands.

The recent Market Force survey interviewed adults who are into social networking, and asked if they read comments, updates, tweets, and other social media content that were posted in the past 90 days by friends and brands they follow. The results showed that 81% of these people were influenced by their friends’ posts to purchase, while a comparatively high 78% were influenced by brands. This is very significant for businesses, both small and large.

Since companies and brands who are active in social media also wield a significant influence in consumers’ purchases, then there’s really no better time than today to ensure that you’re utilizing your social media platforms properly. As a small business owner, this is data that you can’t ignore – consumers want to connect with you on social media; they want you to influence their buying decisions.

The survey also shows that consumers are now seeking recommendations and checking reviews in social networking sites. This is where they try to obtain information about restaurants they want to try, retailers they want to buy from, and other products and services that they’re curious about. About 60% of those surveyed from the US say that they rely on brand feedback they read on friends’ social media posts, while in the UK, about half do this as well.

Some other revealing data: around 76% of US respondents regularly “like” the Facebook page of a business, with the most popular ones “liked” being those involved in food, travel, entertainment, finance and retail. This is comparable to 65% of UK respondents. Nearly half of these also follow the same businesses on Twitter. The main reason given by the respondents for following the brand on social media is to be updated on giveaways, specials, discounts and other incentives given by the business.

Perhaps the best part about brands in social media is the fact that it offers a two-way interaction between the business and its audience. Communication isn’t a one-way street anymore, and even the people in the audience can interact with each other within the platform. Your audience can reply to other people’s questions and comments, and this really helps in building a community around your brand.

Though having a social media account can also open you to criticisms and negative feedback, most brands find that having a social media presence really helps spread the word about their brand in a positive way. It offers an excellent way for the consumers of your small business brand to engage with you as well as with other clients and customers.

Rather than have people talk about your brand behind your back, it’s far better that they talk about you within a platform that you can monitor. This is what a social media presence helps you do. With the site, people can post both positive and negative feedback, and it really helps you discover what you can do to improve your brand and be able to answer any criticisms that come your way.

So don’t be afraid of social media. They’re currently the most popular platforms online that can help you promote your brand and increase revenue for your business. By ensuring that you have a social media presence, you can effectively connect and engage with your audience, and convince them to buy your products and services.