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TECHNOLOGY & SOCIAL MEDIA BY SYED RAZA Social Media Fails How companies miss the mark with half-baked digital strategies N PITFALL 1 NOT BEING ACTIVE ON SOCIAL PLATFORMS Social media is the new way to deliver and receive news in an instant. If a brand’s social platform remains dormant, the chances of their content being viewed decreases drastically. Users appreciate new content delivered regularly to keep them interested. That is not to say that doing the opposite is any better. Overdoing posts can be just as much of a turnoff for potential clients. Find a proper balance of how often to post, and also, when. Quantity tends to vary across different platforms. For example, users generally post more frequently on Twitter than Instagram. Ensure you keep content running in a timely manner to assure your online base is elated and kept up to date with your content. PITFALL 2 NOT ENGAGING WITH USERS Whether responding to feedback, questions, or concerns, ensure you actually do respond. Let your current and potential clients know that they are your main priority. When customers engage with your company and receive engagement back, they feel comfortable with the company. But it’s not just responding but responding in a timely fashion. Most people do not like to wait around for an answer or solution, and in some cases, will give up and move to another company or brand that can provide them with timely help. 28 FORUM MAY / JUNE 2017 PITFALL 3 HAVING NO SOCIAL MEDIA STRATEGY Social media for your business is the same as playing a sport. Without a strategy, your chances of success are a lot lower. Imagine playing a basketball game with no knowledge of who is playing what position or what plays to utilize? Luckily, many resources can help you to carry out your social plans and strategies. Sites like Hootsuite and Buffer allow users to schedule posts daily, weekly, and monthly. These sites can affirm that you have a constant high-quality content flow going. Whether you are doing the digital marketing yourself, or if you have a team, ensure that there is a strategy being implemented and agreed upon. Therefore, you will always be prepared. PITFALL 4 NOT INVESTING IN OWNED ASSETS Where there is greater risk, there is greater reward — in most cases. Social media marketing can increase revenue exponentially simply due to the volume of potential users. But to get there, expect to invest money into your platforms first. Many social platforms such as Twitter and Facebook give users the option to boost posts or run campaigns. You simply pay a certain amount and your posts and their reach are amplified in accordance with how much financing you backed it with. Investing in tools to enhance blogs, posts, and metrics is also extremely important. For example, if you plan to create a plethora of video posts, consider investing in proper videography equipment and editing software. If you are building your business from a personal blog, ensure your blog is appealing and professional, and consider purchasing your own domain. The more you are willing to invest, the more value your social presence imposes. While social media has a vast amount of benefits, it can fail if not tactfully approached. The best practice is to analyze brands from both perspectives — brands that have risen on social media and brands that have fallen short. By doing so, you can see what strategies work for increasing revenue and clientele, and what strategies could negatively impact your brand. When used properly, social media has been proven to aid companies in excelling and maximizing their presence, both in the online world and the real world. Avoid mishaps and you’re on your way to social media success. SYED RAZA is the director of marketing at LSM Insurance in Markham, Ont. He can be reached at [email protected]. HOW TO REACH US On Twitter: @advocis @deannegage On Facebook: facebook.com/advocis On LinkedIn: linkedin.com/company/advocis PHOTO: ISTOCKPHOTO early every brand today is on social media. With the advancement of technology, social media has a vast impact on not only increasing reach and influence, but also increasing potential clients. But when used incorrectly, social media can have the opposite effect on your business. Consider these four no-nos.