Social media marketing is something that startups need to have a strategy for, and quickly.
The importance of social media for startups cannot be underestimated. Over 45% of the world’s population using at least one channel. It’s clear that social media marketing for small businesses is no longer something that can be done on a whim.
With this in mind, we’ve put together this guide with 9 easy steps to get your first social media marketing strategy up and running.
The guide includes:
Social media marketing is now one of the most useful and valuable weapons that your startup can use for growth and profit.
Firstly, out of 11 different sources, social networks were found to be the biggest source of consumer inspiration. 37% of people found purchasing inspiration through social media.
If that wasn’t enough, 21% of people are more likely to buy from brands with an active social media presence.
Therefore, it’s vital that you incorporate social media into your startup’s marketing and PR strategy.
In reality, social media marketing is no different from any other marketing channel. And just like any other marketing channel, your goal is to get in front of your target audience.
However, to spell it out:
Social media marketing refers to the process of gaining traffic or attention to your business through your social media sites.
While there are plenty of niche and special interest social media channels out there, in this guide to social media for startups we’re just going to focus on the big FIVE:
You no doubt already have plenty of experience with each of these channels. However, let’s crunch the numbers and take a closer look at each one:
The numbers above underline the importance of social media marketing for startups. It doesn’t matter if your startup is in fintech, blockchain, consumer electronics, or any other sector, the chances are a fair chunk of your target market is going to be active on social media.
But beyond simply “reaching your audience”, here are some specific benefits of social media marketing:
With that last bullet point still ringing in our ears, let’s look at the difference between paid and organic social media marketing. The distinction and strategic approach between the two remains a common point of confusion.
Organic social media is any activity that hasn’t been directly paid for.
When you post anything on your page but you don’t put any money behind the post, you’re creating an organic post.
Simply put: organic actions occur on non-ads.
Paid social media is anything that is influenced and boosted by advertising. Any post in your feed that has the “Sponsored” tag is commonly referred to as paid social media.
On the whole, paid social media strategies can be tailored to specific demographic and behavioral factors.
Here are some examples of paid social media:
Many entrepreneurs and business owners firmly believe that organic reach (the number of individuals who come across your post in their feeds) is enough to make an impact. This was to some extent true in the first few years but it’s now no longer the case.
Today, all social media networks are pay-to-play channels.
All of them run on algorithmic feeds, meaning that posts will be shown to users based on their behavior and their preferences instead of chronological order. For example, organic posts on Facebook only reach 2% of a page’s followers and this could continue to decrease.
The ten steps we’ll cover in this guide will solely focus on organic marketing on social media.
Why is this?
Well, it’s for two reasons:
Let’s get into it!
First things first, you want to set some realistic and attainable goals.
The best way to set goals is to follow the S-M-A-R-T goal-setting acronym. Here’s a handy image to decipher what SMART goals are:
A lot of beginners to social media believe that increasing your number of followers and likes equals success.
Making new friends is always good, but it’s unlikely to be a startup’s primary goal.
Here are some goals that your startup may go after:
Once you’ve decided what your social media goals are, it’s time to decide which social media channels are best for you.
To make this decision, you want to think about the industry you’re in. For example, say you’re in B2B tech. You would want to target your social media marketing towards business professionals. Therefore, you’d be more inclined to target LinkedIn than Instagram.
To delve deeper into your audience, start trying to identify your target market. Ask yourself some questions, such as:
For instance, say your startup is an eCommerce business that sells boutique clothing online.
Your target audience – or buyer persona – may look something like this:
With this in mind, you’d want to primarily focus on a social media channel that deals mostly with photos or visuals and have a majority female user base. Therefore, the channel you’d want to use would be Instagram.
Of course, these are all assumptions when you’re at this stage but having some kind of plan and asking these sorts of questions lay vital foundations.
OK, so now we’re gonna get things cooking and set up your social media profiles.
It’s more than likely that you already have some form of social media presence. However, setting up one for a business may differ. That’s why we’ve broken down how to set up an account and the best practices for the five main social media channels.
For Facebook, you’ll need to create a Facebook business page. This can only be done if you have a personal page. If you don’t already have one, then take a few seconds to step one up.
To create a Twitter account, you’ll need to think of a twitter handle. However, don’t sweat too much over this as it can be changed later.
Similar to Facebook, first you should create a personal account so you can easily create a company page.
This sees you move away from your desktop. To set up an Instagram account, download the Instagram app on your mobile device. You should select a business account for better analysis and recognition.
YouTube is owned by Google. Therefore, you’ll need to set up a Google account first.
PRO TIP: YOUTUBE IS PIVOTAL! Behind Google, YouTube is the second largest search engine, so optimizing your video presence has direct benefits to your ranking on Google.
YouTube optimization focuses on these ranking factors:
So, you’ve got your social media profiles – now what?
Well, you want to look at your competitors’ social media profiles and see what the devil they’re up to.
This is a great option if you’re a really new startup. It’s more than likely that you have some idea of who your competitors are. If that’s the case, have a browse of their profiles and ask yourself: what you like, what you don’t like and how their numbers are looking.
If that’s not helping, search a keyword within your industry followed by ‘startup’ and see what Google throws up in the way of social media profiles!
This is only really applicable if you’ve been around for a while and have gathered enough data to have competition.
How do they do this?
They crawl the internet to find your startup’s direct competitors. After you have your list of competitors, they can carry out audits on their social media channels.
This is extremely useful for checking their metrics and also see what kind of content they are successful with. Better yet, SEMRush also has a free 14-day trial.
Don’t have the resources for one of these services?
You can carry out a DIY audit!
Ok, maybe audit is a little strong.
However, there are some things you can jot down when looking at each of your competitors’ profiles:
As you’ve touched on, organic reach is falling and it’s slaloming down faster than a Jamaican bobsleigh team. Therefore, your startup can no longer afford to have a scattergun, posting strategy.
With this in mind, it’s worth using a social media management tool – such as Buffer or Hootsuite. It can help your startup stay organized and save time. Here are some other benefits to scheduling your posts:
Consistent posting is one of the best ways your startup can get more followers – especially on Instagram.
No one wants to follow a profile where the most recent post is from two years ago or bulk posts once every couple of months. With that in mind, a consistent posting schedule with an interesting variety of content shows potential followers that you’re invested in your channel.
It also makes your current followers expect and, hopefully, engage on a regular basis. This long-lasting relationship may lead to more traffic to your site and an increase in leads or sales.
This is a bit extreme – and unlikely – but say your startup is an eCommerce business. It would be a cardinal sin if you forgot Black Friday! Your followers would think your head was in the eCommerce clouds and you’d miss out on a big business opportunity.
This point isn’t just limited to industry-specific events but national holidays and other significant dates too. A social media calendar allows you to plan for these and prevent your business from appearing to be out of the loop.
This is especially true at this juncture in your social media journey.
When you’re new to social media, you’re just trying to find out what works. It’s easier to analyze what does and doesn’t work if you have a record of your previous posts. Comparing your publishing schedule to your social media analytics will help you identify patterns for future reference.
This is considered a big, no-no in social media marketing strategies. Remember people: always avoid cross-promoting on social media.
Each platform is different and needs to be treated as a separate entity. Scheduling social media posts for each channel takes away the temptation to cross-contaminate.
It’s tempting to use your social media channels to promote and sell your product. However, when it comes to organic social media marketing, this simply won’t work.
Think of it this way, would you engage with a post by a business where all they’re doing is plugging their product? Probably not, right?
When it comes to the content that you share on social media, you want to make sure it’s suitable for that platform and that there’s a good variety. Scheduling helps you ensure that your content is spicing things up.
Not content with your content? Here are some different content ideas you can use on social media:
You wouldn’t want to carry out a new and exciting social media strategy and not tell the world about it. Furthermore, it’s not a case of ‘build it and they will come’. To get eyes on your channels, you need to promote them.
If you’re scratching your head wondering where to promote your social media channels. Relax, you probably have more places to promote your social media than you think:
There’s no point in carrying out all these steps and not measuring the results and seeing whether you’re on your way to achieving your social media goals.
All of the major social media platforms we’ve covered in this guide gives you access to some metrics via their analytics platforms. Furthermore, if you decide to invest in a social media management tool, they’ll also provide analytics:
Here are some of the metrics you should measure:
PRO TIP: If you’re posting frequently across all media platforms, you’ll have a lot of data to keep on top of. Therefore, it’s advisable that you sit down and analyze your results on a fortnightly or monthly basis.
Once you’ve lined your pockets with some data, you’re ready to revisit, review and revise for future social media marketing strategies.
After reviewing what content is getting your startup the most likes, engagements, or click-throughs, you want to optimize your next social media strategy to feature more of these types of posts.
For example, say you’re a b2b startup are you’re seeing a lot of love and engagement for thought-leadership articles shared on LinkedIn, you may want to start producing and sharing more videos and informative blog posts on Facebook or look into producing and sharing a white paper across your channels.
There you have it. We hope these nine steps give you a greater understanding of how to implement an organic social media marketing strategy.
As we’ve mentioned, you shouldn’t rely solely on organic social media marketing on its own. You need to splash a little bit of cash in order to start getting noticed. However, these nine steps are the jumping-off point while your startup is looking to grow on social media.