Advertising On Social Media: A Guide

Advertising On Social Media: A Guide

This article is a part of our encyclopedia, and is editable by you. Edit ➜

article

Topic
Social Media (Organic)
Cost
Medium
Difficulty
Easy
Result
Lead Generation
Cost Details
On average, businesses invest $4000 to $7000 per month on social media management, which includes marketing and advertising on one or more platforms

What Is Social Media Advertising?

Social media advertising is the use of social media platforms to connect with your audience with the objective to build your brand, increase sales, and drive website traffic.

According to Oberlo, approximately 48% of the global population use social media, and the number is ever-growing.

Therefore, social media allows brands access to cost-effective advertising by enabling them to interact with a large audience.

Social Media Advertising Key Takeaways

  • Focus on building a strong social media presence
  • Know your audience
  • Establish a tone of voice that your target audience can recognize instantly
  • Social media engagement is the key secret for successful campaigns
  • Social media marketing is not a quick fix! Focus on building solid relationships with your audience

Understanding How social Media Advertising Works

Firstly, social media advertisers focus on establishing a strong social media presence over major social media platforms.

Once there is a good social media following, the advertisers create shareable content and advertorials focused on:

  • Promoting products or services on social media platforms
  • Increasing brand awareness on social media platforms.

If done right, social media advertising attracts a huge conversion and sales, while the overall costs are low compared to traditional advertising.

Various social media platforms are available to you. Some may be more critical for your marketing efforts than others.

Popular social media advertising include:

It's important to first define your goal/objective so that you don't waste time and money on the wrong platform:

Here are some different questions to ask yourself as it relates to your goals:

  • Do I want to simply drive brand awareness?
  • Do I want to drive users to my website to gather information?
  • Do I want to increase sales and get my customer to take action?

From there, choose the platform that targets your audience best and start experimenting!

Social Media Marketing Examples Done Right

Here are examples of successful social media campaigns you would want to copy:

1. Dollar Shave Club Advert That Achieved 1.5X Increase In Subscriptions

Dollar Shave Club is known for clever ad campaigns that feature very straightforward messaging. For instance, this was a high-performing Facebook advert that saw the subscription list grow up to 1.6 billion subscribers.

article

Dollar shave club has done a perfect job of showcasing its value proposition in the advert, which is the key reason for increased subscription numbers.

2. Ipsy

Ipsy is a beauty products dealer with over 3.1 Million Instagram followers.

The brand runs successful activations on Instagram, encouraging the users to post with their hashtags to be featured on Instagram stories.

embed:instagram

Ipsy gives us a good example of how to ensure diversity in terms of social media content. The brand uses user-generated content to drive successful social media campaigns.

Best Practices For Social Media Advertising

  • Produce content and share it on social media
  • Selectively promote your top content on social media
  • Build your remarketing audience by tagging site visitors with a cookie
  • Apply behavioral and demographics filters on your social media audience
  • Remarket to your audience with display ads, social ads, and remarketing lists for search ads
  • Use tools to monitor social media engagement (see best social media monitoring tools below )
  • Capture qualified leads and sell

Best Social Media Monitoring Tools

For effective social media advertising, you need to monitor engagement. These tools provide the best capabilities when it comes to social media monitoring

  1. Hootsuite Enables you to manage multiple networks and profiles and measure your campaign
  2. Talkwalker: Monitor social, reviews, blogs, forums, news sites & more on all markets in 198 languages.
  3. Mentionlytics: Provides intelligent social media monitoring
  4. Synthesio: AI-enabled social helps you to identify and understand social media users' ever-changing motivations, preferences, and attitudes.
  5. Reputology: Review monitoring and management platform that helps businesses monitor, respond to, and analyze their online reviews

Hootsuite

Manage and schedule posts to multiple social media profiles on Twitter, Facebook, LinkedIn, Instagram and more.

Businesses using Hootsuite:

88 successful businesses are using Hootsuite ➜

article

Get Hootsuite ➜

Talkwalker

Social media monitoring tool

Businesses using Talkwalker:

1 successful business is using Talkwalker ➜

Get Talkwalker ➜

Mentionlytics

AI-enabled social media monitoring tool

Get Mentionlytics ➜

Synthesio

AI-enabled tool for monitoring the online voice of your consumers, helping you to identify and understand their ever-changing motivations, preferences, and attitudes.

Get Synthesio ➜

Reputology

Get Reputology ➜

Contributors

Contributors to this article:

Pat Walls,  Founder of Starter Story

Want to start your own business?

Hey! 👋I'm Pat Walls, the founder of Starter Story.

We interview successful business owners and share the stories behind their business. By sharing these stories, we want to help you get started.

Interested in starting your own business? Join Starter Story Premium to get the greatest companion to starting and growing your business:

  • Connect + get advice from successful entrepreneurs
  • Step by step guides on how to start and grow
  • Exclusive and early access to the best case studies on the web
  • And much more!

Did you know that brands using Klaviyo average a 95x ROI?

Email, SMS, and more — Klaviyo brings your marketing all together, fueling growth without burning through time and resources.

Deliver more relevant email and text messages — powered by your data. Klaviyo helps you turn one-time buyers into repeat customers with all the power of an enterprise solution and none of the complexity.

Join Brumate, Beardbrand, and the 265,000 other businesses using Klaviyo to grow their online sales.

Try Klaviyo for free right now ➜

Leave a comment
Your email address will not be published.