What is Social Media Marketing (SMM)?
The term social media marketing (SMM) refers to the use of social media and social networks to market a company’s products and services. Social media marketing provides companies with a way to engage with existing customers and reach new ones while allowing them to promote their desired culture, mission, or tone. Social media marketing has purpose-built data analytics tools that allow marketers to track the success of their efforts.
Social media has changed the way we function as a society, including the way we connect with one another. As platforms like Facebook, Twitter, and Instagram took off, businesses also took notice. They began to use these sites to further their interests through social media marketing. That’s because these sites are able to change consumer behavior.
Social media websites allow marketers to employ a broad range of statics and strategies to promote content and have people engage with it. Many social networks allow users to provide detailed geographical, demographic and personal information, which enables marketers to tailor their messages to what is most likely to resonate with users.
ACCORDING TO BUFFER, THERE ARE FIVE KEY PILLARS OF SOCIAL MEDIA MARKETING:
This step involves determining goals, the social media channels to be used, and the type of content that will be shared.
Businesses should draft plans of what their content will look like (i.e. will there be videos? Photos? How much script?) and decide when it will be put out on the platform.
Monitoring what users, customers, and others are saying about the posts, brands, and any other business assets. This may require the adoption of a social media engagement tool.
Part of being on social media is knowing how far posts are going, so reports of engagement and reach are very important.
Purchasing ads on social media is a great way to promote and further develop a brand.