Even those who know nothing about online marketing are aware of the fact that social media is having a big impact on our world today. Sites like Facebook and Twitter are keeping people from around the globe informed and entertained on a daily basis. But what does that mean to you, as a small business owner? Is it possible to use social media sites to your advantage? The answer is yes. How you do it will depend on your goals and budget.
Social media is very versatile in terms of an advertising medium. This is because there are free options and paid options to advertise on it. You can use any of them, or both at the same time to maximize your impact. Let’s explore what you can do with social networking sites:
Paid Option
Many social media sites, like Facebook and MySpace, have a paid advertising option that helps advertisers get traffic to their websites, while bringing in revenue to keep the social site running. The payment model varies from one network to the other, but in most cases it is a CPC (cost per click) type, where you pay an amount that you bid for each click.
The advantage of social media ads is that they can be very highly targeted. You can, for example, select who will get to see your ads based on factors such as location, age, gender, marital status, etc. This will allow you to get better quality traffic.
But since you are paying for this traffic, you will need to track and test your campaigns accordingly, in order to get the maximum benefit from them and avoid wasting your funds.
Free Option
This is a bit more simple and doesn’t involve you paying for traffic, but requires more work on your part. Depending on the network, you would normally build a page for your business, which provides contact info, a link to your site, news updates, and details of your products.
You will then need to attract people to become fans of your business and follow what you are saying on your page. This can be accomplished by various means. You could put social media buttons on your main website that will allow people to instantly become your fans. You could also include a link to your page on your communications with customers, such as on invoices or in your email newsletter.
If you have a very good product, or a page that is quite unique and engaging, your fans will do the marketing for you, by spreading your page around to their friends, who can also become fans of your business. This is called “viral marketing” and can cause your page to be seen by millions of people in a short time. But of course, you will first need to have something interesting to offer on your page which will captivate your audience. When you put together your page, look at what other businesses have done with theirs for clues on what made them successful on social networks. This will give you a good idea of what to do and what not to do.
Written by Tony Vercetti - Websites For Sale | Make Money Online














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