Professional Documents
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418 W Ave B
San Angelo, TX 76903
As a valued member of the San Angelo Chamber of Commerce, you are receiving this
report to help you understand the importance of social media marketing for small
business. The chamber offers several amenities to members, and we feel it is our duty to
help you optimize your businesss reach. By utilizing social media such as Facebook,
Twitter, and Instagram you can reach customers instantly. However, the best part about
social media marketing is its price! You can advertise your business for free or for a
small fee. If you are interested in creating a social media account for your business or if
you want to up your social media game, see the attached report. The report contains
information on why social media marketing is important, strategies of successful small
businesses who use social media, how to choose the correct platform for your business,
and how to maintain your online presence.
Sincerely,
Victoria Nakamura
Communications Coordinator
San Angelo Chamber of Commerce
Social Media Marketing for
Small Business
by
Victoria Nakamura
Communications Coordinator
Submitted to
(Member Name)
Research has shown that social media marketing is a valuable tool for small business.
Social media marketing is important because it allows customers to research businesses
before making a purchase. When consumers search for products, a social media page can
help a business stand out from the rest. If a business offers discounts and sales, puts forth
interesting content, and responds to customer reviews, a consumer will be drawn in. If a
consumer follows a business on social media, they are more likely to remain loyal to said
business. Advertising on social media is also the best option for businesses on a budget.
The return on investment for social media marketing is higher than all other forms of
traditional advertising. Page analytics are also available to business owners on Facebook,
Instagram, and Twitter for no cost. In order to stay current and to build a clientele, social
media is key.
i
Table of Contents
Executive Summary..........i
Table of Contents.......ii
Introduction.......3
Recommendations...5-7
Conclusion.........7
Works Cited.........8-9
ii
Introduction
Social media marketing is a valuable tool for small businesses. Some of the benefits of
social media marketing include: advertising for free or at a low cost, controlling your
online presence, seeing what is being said about your business, and gaining new
customers. According to a report by Social Media Examiner, 92% of 3,700 small
business owners polled find value in social media marketing (Seltzner 7). Social media is
a tool to build and maintain customer loyalty, but to successfully market on social media
businesses must keep an up to date presence and post content that is on trend and
resonates with their target audience.
In addition to staying ahead of your competitors, social media offers a higher return on
investment in comparison to traditional forms of advertising. On average, the cost per
click on a Facebook advertisement is 19 cents, and the cost per mille (like, share, or
comment) is $3.99 per 1,000 (Facebook). In addition, Americans typically spend 37
minutes a day on social media and 46% of web users look to social media when making
purchases (Karr). Social media has the largest audience for the smallest budget. As
shown in Figure 1 below, average users spend 35 minutes on Facebook, 15 minutes on
Instagram, and 1 minute on Twitter daily (Asano).
Recommendations
I recommend every business have an online presence. Social media is one of the easiest
options, but some business owners are not familiar with the business tactics of social
media. In addition, there are several factors to consider when making or improving a
business social media account. To make it easier, I have included ten easy steps on how
to run a business social media account.
1. Choose a platform
Facebook has the largest following and the most posting options. Twitter is a
good platform for short updates. Instagram is a good option for businesses that
have a lot of visuals to share, such as hairdressers or landscapers.
Are you trying to expand your reach to larger cities or are you wanting to stay
local? However, be realistic about your services and if people will travel for them.
3. Set goals
Once you know which platform you will use and your target audience, you need
to set goals. What are you trying to accomplish with your business page? Are you
looking to increase sales at a certain time? Are you trying to build a clientele?
Once you have a goal you can tailor your social media activity to it.
4. Strategize
Once your goal is in place, think about ways of achieving. However, realize that
strategies change. You have to adjust your plan based on initial outcome. If you
post in the morning and you are not seeing results, try posting at other times of the
day. If you post about a sale and only a few people show up, try posting a coupon
and see if you result differs.
Facebook and Twitter provide spaces for a profile image, a cover photo, and a bio
section. Customize these sections to your business by featuring your staff, logo,
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your location, or a combination of the three. People want to know who they are
investing their time and money in.
6. Post often
In order for social media marketing to work, you have to post often. Your posts
also need to align with the wants of your audience. Plus, if you discover an
optimal time for audience engagement, but you know you will be too busy to post
at that time you can schedule your posts.
7. Respond to customers
8. Promote
Use your social media to cross promote. Promote your website, newsletter, events
you are attending or hosting, or even your other social media accounts. It is also
helpful to include a link to your businesss social media account when you send
out a newsletter or a promotional hand out. Including your Facebook, Instagram,
or Twitter handle on your business card is another way to drive traffic to your
account.
9. Invest
While social media is a free advertising option, in order to receive the maximum
benefits, you will need to invest some money. However, you do not need to invest
a lot. A twenty dollar promotion on Facebook can help you reach all of San
Angelo.
However, if you are going to spend money on promoting, you need to choose the
best option. On Facebook you can boost, promote, or make a campaign. Instagram
provides choices based on promoted content, such as photo or video. Research
which option you think will give you the most return on your money.
While following these ten steps will help you become more affluent with social media
and its function for business, you will still need to keep up to date with current social
media trends. The key to social media is change. If you feel like your social media plan is
not working, adjust it. In addition, because San Angelo is a smaller city, you will need to
adjust your posting tactics. Read your audience and who they are. If you feel like you are
not connecting to your audience, check out the San Angelo Community Profile on the
San Angelo Chamber website (sanangelo.org). The profile includes statistics on San
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Angelos economy, social scene, business leaders, job trends, and more. However, do not
become discouraged if it takes you a while to build a social media following. Gaining a
following takes time and buzz. You can create buzz by posting on San Angelo group
pages or by offering a coupon on your account.
Conclusion
In order to succeed in this technological age, businesses need some form of online
presence. Social media is the cheapest and easiest way small businesses can promote their
message and product. Customers tend to consult social media before they make
purchases. Maintaining an active social media account can separate you from the
competition. In addition, staying interactive with customers is valuable when it comes to
customer loyalty. Social media is a way to capitalize on customer interactions. For more
information on how to create a social media account and for tips on growing your
audience, contact me at communications@sanangelo.org.
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Works Cited
Asano, Evan. How Much Time Do People Spend on Social Media?, Social Media
Today, http://www.socialmediatoday.com/marketing/how-much-time-do-people-
https://www.facebook.com/business/overview.
Greenwood, Susan, et al. Social Media Update 2016, Pew Research Center,
http://www.pewinternet.org/2016/11/11/social-media-update-2016/. Accessed 15
April 2017.
Karr, Douglas. 2014 Statistics and Trends for Businesses on Social Media. MarTech,
https://martech.zone/2014-statistics-trends-businesses-social-media/. Accessed 11
April 2017.
Number of monthly active Instagram users from January 2013 to December 2016 (in
https://www.statista.com/statistics/253577/number-of-monthly-active-instagram-
users/.
Seltzner, Michael. 2015 Social Media Marketing Industry Report: How Marketers Are
https://www.socialmediaexaminer.com/SocialMediaMarketingIndustryReport201
SMSS, Top 5 Reasons People Follow a Brand on Social Media, SMSS, 14 April 2017,
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http://socialmediastrategiessummit.com/blog/top-5-reasons-people-follow-brand-social-
media/.
The Top 20 Valuable Facebook Statistics Updated April 2017. Zephoria, 20 April
2017, https://zephoria.com/top-15-valuable-facebook-statistics/.