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Digital marketing has grown tremendously over the last few years. In our B2B landscape, the significance of digital marketing has become paramount.
The reason? It has become a lot easier to communicate with prospects. There are also several channels that have come into existence, and B2B companies are now spoilt for choice. Be it SEO or email, there are plenty to choose from. However, social media seems to have won the race when it comes to popularity.
If you’re considering social media platforms for business, you’d be making the right choice as the numbers don’t lie. But where do you start? With so many social media platforms to choose from, the task to find the right one may become a daunting task!
Fret-not! That’s why we’re here to help. Identifying the right social media platform for your business can be easy if you know exactly what and who to search for. Before learning about which social media platforms for business work best for you, there are three things you should keep in mind:
Without a clear definition of who your target audience is, your business is going nowhere.Not knowing your audience will prove to be a massive hindrance.
How you prepare content and develop your social media campaigns will be greatly affected by this. When you have a clear idea of who your target audience is, it is easier to deduce where they are and what they are looking for.
There are various ways by which you can find out who your target audience is.
You can conduct a Google keyword search to assess which network they are most likely to be active on. You could even watch your competitors closely to gather that information.
Before you figure out which social media platforms for business are right for you, analyze your objectives.
Ask yourself – what’s the purpose for you to run a social media marketing campaign?
Is it to grow your audience or to keep your customers informed about a new product/service?
Are you looking to boost traffic to your website or conduct market research before
developing your product?
By defining your objectives clearly, it becomes easy to find the right channel for your business. When you align your business objectives with your social media marketing strategy, positive results are usually the outcome.
What resources do you need to invest in if you’re looking to execute a successful social media marketing campaign?
Each social media platform is unique, and as such, employs different tactics to engage their audience. Each of these platforms requires the implementation of a specific set of skills and resources to execute a superior campaign.
Your aim should be not only to assess the right platform for your business but also find out the right resources needed.
Now, with appropriate allocation of resources and an extensive idea of your target audience, how do you determine which social media platforms for business are the best fit for you?

Has 2 billion active users

70% of marketers choose Facebook to feature their ads

The platform has 65+ million listed local business pages

Most Facebook users are 25-34 years old

It connects you with prospects from all around the globe

The platform includes live streaming

Facebook is the most targeted digital advertising platform

Long-form content in the news feed

Videos get more views than any other form of content

Live streaming is prevalent and generates a lot of engagement

Has a total of 590 million users out of which 290 million are active every month

This platform performs 277% better compared to Facebook and Twitter when it comes to generating and converting B2B leads

80% of B2B leads on social media come from LinkedIn

73% of B2B companies use this platform to connect with clients and prospects

61% of users on LinkedIn are 30 to 64 years old

It connects you with decision-makers

LinkedIn is the best place to be active for businesses

It helps create brand awareness

It is effective to conduct digital advertising on LinkedIn

A range of content including whitepapers, eBooks, case studies and videos

Sharing other people’s content that already has a fan base

Any written content linked to your profile

Gary Vaynerchuk refers to Twitter as the “water cooler of our society.”

There are 326 million active users

Everyday more than 500 million tweets are tweeted

It provides businesses a real-time channel for communication

32% of Twitter users are 18 to 29 years old

It is easy to connect with other businesses and decision-makers from all over the globe based on trending topics

Twitter provides features for real-time customer service

Each post’s time span is short, so experts recommend to put up multiple posts throughout the day

Tweets with videos and images have higher levels of engagement

Tweets that have two hashtags perform better compared to posts with none or multiple hashtags

Has 1 billion active monthly users

2 billion likes occur on the platform daily

Thursday is the most suitable day to post on Instagram for all B2B brands

Follower growth for Instagram grew at a rate of 33% by the end of 2018

55% of users on Instagram are 18 to 29 years old

You can showcase your product/service using visually appealing images and videos

Direct messaging allows you to connect with businesses from all over the globe with ease

High-quality images are the USP of Instagram

Motivational quotes related to business witness high levels of engagement

Using hashtags increases engagement levels

You can give a more detailed description of product/service with Instagram stories

Has 1.9 billion users.

2nd most popular search engine after Google.

Businesses upload more than 100 hours of video on YouTube every minute.

With the rising popularity of video marketing, YouTube has become one of the best platforms to host video content

The platform is free, and marketers can add as many videos as they want to.

More than 33% of all internet users are active on YouTube.

Unlimited video hosting features.

High traffic and viewer count.

Proper use of keywords will allow you to rank on Google as well

Your business can earn money from YouTube. For 1000 ad views, a channel can earn $18. Whereas, a channel can make $3 to $5 per 1000 video views

Quality video content that educates viewers about a product/service works best

Engaging and vibrant thumbnails get more views compared to lackluster ones

You can use hashtags to optimize engagement
Experiment with these social media platforms for business purposes to determine which channels work best for you. The key here is to continually expand your reach. Optimal use of networking in business will only allow your brand to grow bigger! Looking for more articles related to social media marketing?
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