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Importance of Social Media for Small Businesses

by Mahesh Kukreja on January 30, 2012

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When you are looking to advertise, one of the best and often least expensive ways for any business to advertise is to use social media websites. There are several advantages, outside of price, for using social media as an advertising platform. The first is that your advertising is directed effectively at a group of people who are already interested in your product. Another benefit of using a social media platform for advertising is the one on one interaction you are able to have with your customers.

Social Media for Small Businesses

When you create a Facebook or Twitter account, you can immediately start looking for groups and people with interests that correlate to your products or services. Rather than just throwing advertising out into the internet and hoping for the best, you can look for the people most likely to be interested in what your business is doing or selling. For example, if you are a business that does pet grooming in a certain city, you can not only seek out people who have pets but also people that live in and around the city you do business out of.

Another important part of a social media advertising plan is to ensure that you have a team of people with Twitter and Facebook accounts that can reach out to people who are interested in your business, or have something to say about it. By having someone reply directly to a concern or question about your product or services, people feel that they are being listened to and will be taken care of if they give you their business. Creating this personal relationship over the internet helps to build and grow your customer base.

Something to also consider is the fact that more and more people are voicing their opinions about businesses on social media sites. If something goes wrong with one of your customer’s, and they post about their experience, you want to be sure that you are seen to be replying to them and helping them resolve their issues.

So by building a social media advertising plan, you can grow your business and create personal interactions that will help cement your reputation as a responsive and dependable business.

Author Bio:

The Author is a product manager at Taaza Ads that acts as a solution for sellers, buyers and traders where users can post ads for free describing their products or requirements under appropriate categories. He has been managing Study Nation and has previously been involved with a variety of e-commerce projects in India.

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Hii Guyz,

I just got this news. Thought to share with you all.

It turns out that I underestimated Apple’s advertising budget. Lindsay Blakely at Bnet (a former Business 2.0 reporter) found the actual numbers in a subsequent SEC filing. In its 2008 fiscal year that just ended last September, Apple spent a whopping $486 million on advertising. (In fiscal year 2007, it spent $467 million, and in fiscal year 2006 it spent $338 million).

Half a billion dollars on marketing. No wonder I think Apple products are so great.

Update: Microsoft spends more on advertising across all of its combined businesses than Apple does, but its Windows business is what competes most directly with Apple. Microsoft’s total advertising budget across all of its businesses, including Windows, Office, Xbox, and all the enterprise stuff, was the following (from the 10K): “Advertising expense was $1.2 billion, $1.3 billion, and $1.2 billion in fiscal years 2008, 2007, and 2006, respectively.”

Microsoft’s fiscal year ends in June, so these numbers do not reflect the $300 million Vista campaign. But that would have eaten up 25 percent of Microsoft’s entire ad budget for any of the previous three years.


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