Social Media Strategy

A social media marketing strategy is a summary of everything you plan to do and hope to achieve on social media. It guides your actions and lets you know whether you’re succeeding or failing. … Also use it to track results and present the plan to your boss, teammates, and clients.

With all the new tools and platforms constantly emerging, it’s very easy to fall into the trap of thinking about social media through a tactical prism instead of a strategic one. The best social media strategic plans are tool-agnostic and set forth objectives and metrics that supersede any particular social venue. Let’s take a look at the best way to create a winning social strategy.

 

Step 1: Build Your Cross-Functional Team

Nobody should “own” social media strategy in your organization. Social impacts all corners of the company and should be more like air (everywhere) than like water (you have to go get it). Thus, the first step in the process is to create a cross-functional team to help conceive and operate the rest of the strategy. Decide who will be involved, including sales, customer service, marketing, content, etc.

Step 2: Set Your Objectives (What’s the Point?)

 

Yes, you can use social media to help accomplish several business objectives. But the best social media strategies are those that focus (at least initially) on a narrower rationale for social. For what do you primarily want to use social? Awareness? Sales? Loyalty and retention? Pick one.

Step 3: Listen to Your Audience and Competitors

 

It’s an old social media strategy chestnut by now, but “listen” is still good advice that’s often ignored. The reality is that your customers (and competitors) will give you a good guide to where and how you should be active in social media, if you broaden your social listening beyond your brand name. Analyzing how and where your audience is naturally holding digital conversations can save a world of trouble. Rather than starting from scratch, find channels in which you can interact with audiences who are already talking about (or attempting to talk to) your brand.

Step 4: Identify Your Audience

 

Now that you’ve listened to your audience, decide with whom you will be interacting in social media. What are the demographic and psychographic characteristics of your current or prospective customers? How does that impact what you can and should attempt in social media?

Configuring audience personas, including their online behavior, values and challenges, will help you determine not only how to talk to your audiences but also where to carry on these conversations. Audiences of certain demographics and behaviors are more easily activated on some channels than others.

Step 5: Select Success Metrics

 

How are you going to determine whether this is actually making a difference in your business? What key measures will you use to evaluate social media strategy effectiveness? How will you transcend (hopefully) likes and engagement?

Selecting KPIs (key performance metrics) sets organizational expectations about how the ROI of your social media efforts will be measured.

A social media strategy is an exercise plan, not a quick fix. Success will be seen, but only through patience and perseverance. Thoughtful KPIs and realistic quantifiable quarterly goals are necessary in maintaining leadership buy in for the long haul.

Your organization’s success metrics are reflective of your expertise. For example, advanced organizations track customers through the funnel — from social media engagement to sale. Beginner organizations focus on reach, impressions and various engagements.

Follow us here