When we talk about social media, the common perception is that this form of marketing is better suited to B2C businesses, i.e., organizations that create products for individual consumers. However, with a massive 4.65 billion people on social platforms worldwide in April 2022, as reported by Kepios, an advisory firm, this channel is paramount for both B2C and B2B businesses, i.e., companies targeting other firms for their products.
The Future of B2B Sales. According to Gartner data, by 2025, digital channels will drive 80% of B2B sales interactions.
This signifies that social media platforms are today an essential bandwagon that connects businesses to businesses as much as they link them to end customers.
It also opens a wide range of opportunities for buyers and end users of B2B brands to interact with and become familiar with their offerings. Therefore, having a multi-dimensional presence and developing a social media campaign to target these customers is essential, as business clients need more convincing to understand the integration capabilities and the rate of return.
As business-targeted products come at a heftier price point, they require more information and persuasiveness during the sales cycle. Therefore, it becomes crucial for businesses to become vigilant and avoid frequent social media marketing mistakes.
Below are listed 4 common social media marketing mistakes that every marketer must avoid.
Employing the skills of both marketing teams and internal subject-matter experts is an effective way to build a robust content strategy. Repurposing content is another approach to securing synergy between platforms. According to Statista, B2B firms are recognizing the importance of content marketing and plan to increase spending by 46% over the next 12 months.
Alternatively, create engaging content and creatives for the audience to interact with and, if they do, respond promptly. This two-way communication strengthens relationships and emphasizes your brand personality. Don’t only focus on sales through the campaign. Follow the rule of 80% informational content and 20% promotional. For instance, if your campaign focuses on a newly launched automation product, use that product's benefits to their business and cost reductions as your conversation driver.
If the campaign is sales-driven, analyzing conversations and referrals becomes necessary. But if the emphasis is on increasing brand awareness, impressions, and reach are the metrics to focus on. With this data, you can dedicate your resources and optimize the social campaign. In summary, social media offers B2B firms an opportunity to highlight products, showcase differentiators, and position the company as a thought leader.
Therefore, it is essential to understand the campaign’s objective, target audience, and expected outcome when leveraging multiple platforms to avoid common social media marketing mistakes.
ROI Impact: According to HubSpot, adding each additional social channel to the social media marketing plan can increase ROI and effectiveness by 35%.
It also gives you eyeballs and increases brand awareness by opening a window of interaction between the end customer and the organization beyond traditional sales channels.
But be watchful of the errors mentioned above and avoid being tempted to purchase fake followers. They may make your campaign trend, but if reported, it will have a massive impact on your reputation and lead to account closure.
Additionally, review your posts and creatives; a skip can lead to embarrassing typos, and a broken link to the landing page will be a missed sales opportunity. So, stay attentive and be careful to avoid making mistakes.