Social media is often not a priority for Managed Service Providers (MSPs) and IT solution providers. This is understandable, given the number of urgent priorities vying for your attention. But ignoring this channel may not be in your best interest.
The benefits of social media marketing are significant. In Social Media Examiner’s May 2018 Social Media Marketing Industry Report, it was found that 87% of marketers indicated their social media efforts increased exposure for their brand while 78% found it increased traffic to their sites.
Source: 2018 Social Media Marketing Industry Report, SocialMediaExaminer.com
Social media also plays an important role in the B2B buying process. A study by research firm IDC found that 75% of B2B buyers and 84% of C-level/VP execs use social media to support purchase decisions. Not only do they use social media to make purchasing decisions, but the buyers have influence in their organizations. The average B2B buyer who uses social media to support their purchase decisions is more senior than their non-social media using counterparts. Not only that, but buyers who reference social media channels also have a bigger budget and larger span of buying control.
75% of B2B Buyers and 84% of C-Level/VP Executives Surveyed, Use
Social Media* to Make Purchasing Decisions
*LinkedIn, Twitter, Facebook, or online professional communities
The IDC study found that according to B2B purchasers, one of the greatest benefits of social media is that they gain greater confidence in their buying decisions. This is a powerful endorsement for B2B social media, especially in the tech world where it is critical to get buyers on your side.
In fact, we’ve seen positive results with our own social media experience at GamePlan Marketing. Posts on our channels can be directly correlated to sales of our services to new customers. We have even been able to track the specific posts that led to certain customer engagements. This type of information is invaluable and provides insight into the topics, keywords, and social platforms that are most relevant for our target audience.
5 easy steps to get (re)started with social media
But back to the issue of priorities – namely, the lack of time and resources available for MSPs and IT solution providers to dedicate to social media. What are some initial, meaningful steps you can take to get back on track with social media?
Here’s how you can leverage social media to help you achieve objectives even if you haven’t started or your social accounts have been dormant for a few years:
Deeper analysis to refine your social media strategy (for MSPs and IT solution providers)
If you want to dive more deeply in to your analysis, here are a couple of additional steps that aren’t mandatory to start but may help increase your understanding of your marketplace and available opportunities:
1. Perform a SWOT Analysis to identify the Strengths, Weaknesses, Opportunities and Threats related to your company’s social media. This 4-quadrant analysis will help you really understand where the opportunities are and where you should be careful.
2. Do a competitive analysis/assessment. What social media platforms do your competitors use? What kind of content do they post? How regularly do they post? Analyzing your competition is an important step, and you may even learn something new or gain new ideas.
Additional considerations
A few additional things to consider as you establish your social media presence:
If your social media presence consists of a couple of accounts that haven’t been touched for over a year, don’t despair (or worse, give up)! Begin with the 5 steps outlined above. When you have some traction, move on to your deeper analysis. And adjust your approach as necessary.
Once you are underway you may wonder how to approach Social Media when you have a complex IT solution to sell. We’ll cover that in our next blog.