MAY 27, 2015
Everybody is on social media now. OK, that is a slight exaggeration. Only 2 billion of the planet’s 7.2 billion people have active social media accounts. What is even more incredible is that there are almost 1.7 billion active mobile social users now.
Strictly from a business opportunity standpoint, I would like to say, “wow!” How and where else can you reach almost a third of the earth’s population so easily, so cheaply and so personally? It is a marketer’s dream and, if you are doing it right, you should be using social media marketing to dominate your market.
So, why isn’t social media working for you? The following are five common reasons why I see most people, companies and brands fail at using social media to grow their businesses.
1. You have to “pay to play” on Facebook.
Facebook is still, by far, the largest social media site with 890 million active daily users and 1.35 billion users overall. In 2014, the network earned almost $12.5 billion in revenue almost exclusively from advertising on the site. Coinciding with this massive jump in revenue is the dramatic decrease in the percentage of traffic that reaches fans and followers organically (meaning free).
Facebook has publically admitted that it is systematically decreasing that “free traffic” percentage over time to 1 to 2 percent of all traffic. For you, the business owner, that means if you plan on using Facebook to sell your products and services to your fans, you will need an advertising budget. Even a small budget can create huge return on Facebook.
3. You are not “useful.”
This tip goes hand in hand with the point above. One of the best ways to “pull” market on social media is to be useful to your community on a consistent basis without the expectation of selling them something immediately. I know that seems a little counter-intuitive, but let me explain how that works.
Let’s say that you own a landscaping company. What if you wrote an ebook called 10 Ways to Make Your Yard Absolutely Beautiful and used Facebook advertising to target and give it away on social media to people in your city? You are not “pushing” your landscaping service. You are just being “useful.”
Guess what? Some of those people will get your ebook and want you to do the exact same things you told them to do in your ebook but pay you to do it. That is being useful, and that is pull marketing.Read more here:http://www.entrepreneur.com/article/246444