We spend multiple hours a day scrolling on social media to entertain ourselves, discover, learn, and search for valuable information. It feels natural for us to check our mobile phones every 2 seconds to get the latest news and trends. Yet, when it comes to business, some of us still struggle to see the real value social media can bring to their business growth because let’s be honest: tying revenue increase to social media efforts is challenging.😫 Additionally, we focus on the entertaining part of social media and we forget that every purchase decision we make is 80 % influenced by social media reviews, video ads, and influencers endorsements. So how to effectively use social media platforms to increase business revenue? |
Does your business really need social media to grow?Imagine you are a very skilled chiropractor owning a chiropractic clinic. Your clients are very happy and satisfied with your services, spreading the word to their friends. Your agenda is full, word of mouth is doing wonders for you. BUT, you have competitors, which use social media platforms to raise awareness about the benefits of the chiropractic approach and attract even more clients. What are the advantages they have over you? → They reach customers through two channels : offline (Word of mouth) and online (social media). → They build brand awareness, associating their brand not only with chiropractic care but also with wellness and wellbeing. → They connect with a wider audience, attracting new customers for other services too. → They can diversify their services offering and get customers more quickly. → They can effortlessly boost sales on special periods. → They can scale their business and open clinics in new locations. To summarize, using social media to market your products or services, gives you a competitive advantage to build a powerful brand, reach wider audiences, boost your sales, scale your business and drive profit. |
How to use social media to boost your sales?You may have asked this question a million times on Google and received nearly the same answer every time: "Build a winning social media strategy."
However, while a good social media strategy with a clear editorial line is crucial, let's dive deeper. Your social media strategy should revolve around conversion optimization, turning every follower into a potential customer. Here's how you can optimize your conversion rate👇 |
1 - Use conversion contentThere are two types of social media content: growth content and conversion content. The first one helps you get more followers and raise brand awareness, the second one helps you turn those followers into customers. To create effective conversion content you need to find the right words to speak to your potential customers, regardless of which stage of the marketing funnel they are in:
Your conversion content should consist of 20% up to 25% of the overall content you share, to avoid sounding too sale-sy and disinteresting your followers. |
2 - Get the high-selling content in front of your audienceEnsure that the first content your followers see is the content with the highest potential to bring in sales💰
3 - Anticipate seasonal periodsPlanning to boost your service sales around International Women’s Day? Keep in mind that sales aren't automatic; you may need 2 to 3 weeks of promotion before seeing the first leads coming in. Craft your campaign in advance by:
4 - Connect all your online assetsIntegrate your website, social media, e-shop, and emails to create a seamless experience for your audience. Consider:
5 - Fill your agenda or boost less-selling productsUse special discounts, promotions, and incentives to fill your agenda availabilities or boost sales of less-selling products. |
How to measure the impact of your social media efforts on revenue? 💸 It’s not easy to link the revenue generated to a specific content or a social media post. However there are some techniques you can use to determine which channels drove the greatest return on investment and iterate on what's working.
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Bonus tips ⭐ Which marketing efforts are driving Sales and Revenue 💸 ? You found it useful? Join smart entrepreneurs and marketers who subscribed to this Newsletter, Subscribe to 360 Digital Marketing newsletter |