Social Media Marketing Tips-Measuring ROI With Social Media Marketing
When was the last time your newspaper ad created that kind of buzz or an immediate increase in sales?
In addition to customer response and feedback, when it comes to measuring ROI, you also have the advantage of continuous and up to date numbers for viewership, interaction, and response rates at your fingertips at all times. How is this valuable to you? You can actually see if your message is driving customer action almost immediately, not only showing you if it’s working, but allowing you to test multiple ads and versions of your messages with immediate feedback. Using social media AND traditional media? How valuable is being able to test multiple messages for that billboard or commercial against a qualified audience before you commit significant money to an ad that can’t easily be changed for months?
Other advantages of social media marketing many people overlook when we discuss social media marketing tips include:
- Long term benefit: unlike traditional media, social media marketing allows you to continuously build a list of qualified potential customers that you can contact indefinitely.
- Immediate effect: Need to liquidate inventory today? Are you a restaurant or retail store with an expiring inventory? You can advertise that special five minutes from now on social media, or get a commercial on tv 2 weeks from now after it’s already expired and at a cost that doesn’t make any sense either.
- Relationship Building: Studies show the modern day consumer wants to do business with an organization they like and trust, the same billboard message or commercial every day will get you brand recognition, but won’t easily create the kind of rapport sharing your message and carrying on a conversation with potential customers daily can.
The bottom line is, not only can social media marketing produce the results you need, a long-term value from constant list building, and immediate increases in revenue, it can be measured and give you feedback in ways no other marketing expenditure can possibly create.
Looking for an effective no-nonsense social media marketing package that can produce all of these results for you? Contact us today!
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