How to Choose the Right Social Media Platform for Your Business
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Running a business on social media is hard enough, but knowing the best platform can increase your ROI by several times. The most important step in choosing a proper social network is determining the buyer's identity, portrait, and features. Once you understand who your clients are and why they select your company, you can create an advertising campaign specifically for them in their social network. To this end, only three simple steps you need to fulfil:
SMM promotion of a business on social networks is essential. It increases productive achievements, engaging professional SMM managers to run your business promotion campaigns on social platforms successfully.
Why Are Social Media Important for an eCommerce Business?
Social networks are an online technological environment designed for social and commercial purposes. Every vendor who manages social media activities can achieve significant financial indicators which identify their brand quality. The value of such platforms could be assessed in terms of their functions for B2B or B2C interactions:
List of the Best Social Media Platforms for Your Business
Get acquainted with top social media platforms available on digital markets to build the social media management strategy and receive maximum outcomes from these marketing activities. These online technologies could highlight your brand activities and engage the exciting target group to join your business community. The only rule you have to abide by is to select your business native networking among the top social media platforms.
Found in 2004?
Owner: Meta Platforms Inc.
Stock price: 146.29 USD (NASDAQ updates for Meta Platforms Inc as of 09/16/2023)
Annual revenue: 117.929 million USD (Statista surveys for Meta as of 2021)
Client size: 2.934 billion users
It is hard to find a person who might be confused by the question, “Have you ever used Facebook?”. This platform involves different categories of purchasers and professional entities for online commercial deals. Facebook has become the native platform for multi-purposed social media interactions. Many eCommerce customers prefer this social networking technology due to a spectrum of advantages:
Found in 2010?
Owner: Meta Platforms Inc.
Stock price: 146.29 USD (NASDAQ updates for Meta Platforms Inc as of 09/16/2023)
Annual advertising revenue: 11.43 billion USD (Statista surveys for Instagram as of 2021)
Client size: 1.28 billion users
Easy-to-leverage configuration and interactive GIU solutions make this social media effective for any eCommerce business. In the early years, this networking was used to share videos and photos between followers. However, this feature has become appreciated by business entities. Food, beauty, retail sale, and personal brand qualify as top Instagram vendors, which highly appraise this social media beyond the e-marketing omnichannel platforms.
So, if you know Kylie Janner, Richard Branson, Cristiano Ronaldo, Netflix, or Oreo, you might assess the value of Instagram marketing opportunities for singular or company brand awareness. In addition, you may find more Instagram strengths to drive eCommerce business sales:
Found in 2006
Owner: Twitter Inc.
Stock price: 41.45 USD (NASDAQ updates for TWTR Inc as of 09/16/2023)
Annual revenue: 5.077 billion USD (MarcoTrends surveys for WhatsApp as of 2021)
Client size: 238 million users
Twitter is an indicator of reliability for any business entity. An integrated Twitter button on your website means you have a profound business status and a respectful reputation among competitors and stakeholders. This social media refers to networking channels that highlight professionality. Therefore, many opinion leaders and global corporations use Twitter to share their commercial offers and launch brand awareness campaigns.
Apart from its status, Twitter supports many features to implement digital marketing solutions:
Found in 2002
Owner: Microsoft Corporation
Stock price: ?244.74 USD (NASDAQ updates for Microsoft Co as of 09/16/2023)
Annual revenue: 11.5 billion USD (LinkedIn business surveys as of 2021)
Client size: 830 million members
This platform in the social media market is a synonym for digital marketing solutions. Due to available LinkedIn mediums, you may build sales-driving B2B and B2C promotion campaigns. In particular, this networking resembles the private business club for professional categories, SMEs, and transnational corporations.
Among a range of brand awareness functions, LinkedIn differs from its competitors by the following options:
Found in 2010
Owner: Pinterest Inc.
Stock price: 24.92 USD (NASDAQ updates for Pinterest Inc as of 09/16/2023)
Annual revenue: 2.578 billion USD (MacroTrends surveys for Pinterest as of 2021)
Client size: 433 million active users
Do not forget Pinterest to list preferable social media platforms for your business profile. E-commerce vendors should have this networking to post thematic graphics, GIFs, videos, and other visibility content for brand awareness.
Pinterest is perfect for product and service promotions if you wish to create unique advertisements and visual updates of your assortments, highlighting the following market niches:
Found in 2005
Owner: Advance Publications
Stock price: n/a
Annual revenue: 350 million USD (BusinessofApps surveys for Reddit as of 2021)
Client size: 1.7 billion visits
This public social business media combines online forums and networking opportunities. Here you may share lead-magnetizing content and increase your client database. Working with Reddit means several advantages for your online commercial activities:
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TikTok
Found in 2016
Owner: ByteDance
Stock price: n/a
Annual revenue: 4.6 billion USD (BusinessofApps surveys for TikTok as of 2021)
Client size: 1.8 billion users
TikTok Reels has occupied online advertising and blogging trends. These short-in-length videos with a pinch of humor and deep sense could increase organic viral traffic to your social media platforms. Some digital marketing beginners wrongly assume TikTok is a genuine personal brand technology. Businesses specializing in mass or global market niches must explore TikTok functions and marketing options to promote their brand and dictate consumption trends.
To increase your traffic inflows using this platform features, induce your clients with the media tips and content marketing principles:
YouTube
Found in 2005
Owner: Google
Stock price: n/a
Annual revenue: 28.8 billion USD (BusinessofApps surveys for YouTube as of 2021)
Client size: 1.8 billion users
This video platform was created as a source of transparent independent news. However, every digital marketing researcher highly appreciates its commercial influence on purchasing habits, personal blogging activities, and state-of-the-art professional facilities.
You need YouTube as one of the top social media platforms if you plan to:
Found in 2009
Owner: Meta Platforms Inc.
Stock price: 146.29 USD (NASDAQ updates for Meta Platforms Inc as of 09/16/2023)
Annual revenue: 8.7 billion USD (BusinessofApps surveys for WhatsApp as of 2021)
Client size: approx. 2 billion active users a month?
Although WhatsApp deems a quasi-social media, this messenger is essential for any business PR activities. Contrary to visual networking with optimized content, WhatsApp is a narrow-specialized marketing technology developed for the following functions:
Snapchat
Found in 2011
Owner: Snap Inc.
Stock price: n/a
Annual revenue: 4.1 billion USD (BusinessofApps surveys for Snapchat as of 2021)
Client size: 347 million daily active users
This social platform messenger, popular in the US, attracts millions of juveniles. So, various products and services designed for high school or college students are genuine to create marketing solutions under this social networking.
This platform's uniqueness is special for many social media managers because it could empower the target audience to share the brand messages and enlarge the company’s client size.
Experienced snapchatters enhance their brand awareness with two crucial marketing tactics:
Telegram
Found in 2013
Owner: Pavel Durov
Stock price: n/a
Annual revenue: 52.5 million USD (Growjo surveys for Telegram as of 2021)
Client size: 500 million monthly active users
This messenger has a profound capacity to promote brands via community-building technologies. Embedded bots, private groups, and easy-to-use configurations are the ultimate advantages to provide incredible business growth.
This social media could seem primitive for any business marketing project. Nevertheless, include Telegram in your social media pool and occupy new local markets. Therefore, this networking is productive for brand awareness because it grants any merchant the following benefits:
Viber
Found in 2010
Owner: Rakuten Group Inc.
Stock price:? 4.62 USD (NASDAQ updates for Rakuten Group Inc as of 09/16/2023)
Annual revenue: 83.2 million USD (Growjo surveys for Viber as of 2021)
Client size: 820 million monthly active users
As an alternative to the messengers above, Viber is a must-have business marketing tool. If you still have no idea how to leverage social business media, you should start with Viber functions:
Tips for Exploring Social Media Channels for E-marketing Purposes
Each networking technology is individual and adheres to its code of conduct. Moreover, social media represents specific businesses that accompany your commercial actions and promote your brand. For the productive operation of the social platforms, eCommerce entities must experiment with beneficial recommendations which make any networking work for business growth:
Drive Your Brand Traffic via Social Business Media Optimization
Social media management or SMM grants unlimited opportunities for exclusive and sales-driving PR campaigns. However, do not experiment with social media marketing techniques without specific experience and valuable know-how. To this end, mobilize our Mettevo team to optimize omnichannel content and enhance your brand strengths.