WSI Blog - Internet Marketing Tips and Strategies

Leveraging Social Media to Enhance Your Marketing Strategies

WSI Social Media Expert Baltej Gill
Wednesday, October 28 11:00am - 12:00pm EDT

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The short answer - yes and no. Most of the population have come a long way from learning how to send an email a couple of decades ago to updating our Facebook status and "tweeting" on a daily (sometimes hourly?!) basis. But is there a practical use for business in the hyperconnectivity of today's social networking sites? The answer, again, is yes and no.

Email and email marketing are still effective ways to communicate for many businesses, and offer an opportunity to stay in touch with your clients in a cheaper and easier way than traditional snail mail campaigns. And for many of our clients, email is still going to be an integral part of the internet marketing mix. That said, there is a tremendous opportunity to also connect with your existing and potential clients through these other social media channels.

For example, I was shopping in a local toy store this weekend and the shop owner reminded me they were having a fall sale beginning the following week. She was having a hard time locating a coupon for the upcoming sale during a particularly busy sales rush, then remembered "I'm planning on putting it up on Facebook tomorrow, are you a fan?" I was not a fan, but now I am and I have received the coupon information and plan on visiting the store during their upcoming sale. This is a great example of how retail is a great fit for social media and why. We have also found that certain service industries like spas and hair salons can create fun and engaging social media campaigns. There are also a select few clients for whom these tactics just aren't a great fit.

I'm not sure that email will ever become obsolete, especially as the method of preferred communication in the workplace and for the remaining few who like to be somewhat disconnected when they aren't in the workplace. An article in today's online edition of the Wall Street Journal has some interesting points, though, about where email and online communication in general may be headed. Our recommendation, as usual, is that you should never become too dependent on any one form of internet marketing. The best return on your investment comes when you work with WSI on a dynamic integrated internem marketing strategy that constantly evolves with new technology. And for now, for most of you, that still includes email.

As companies continue to struggle in the current economy, many are seeing their marketing budgets cut with more cuts anticipated for the last quarter of 2009 into 2010. During this time of change and scrutiny over every advertising dollar spent, it is important to note that the online advertising sector continues to grow as business are taking their marketing strategies online. According to eMarketer, digital spending will account for 17% of total ad spending in the US by next year, up from 15.4% currently and 13.9% last year. An "Interaction 2009" report done by GroupM Interaction indicates that companies are also increasing spending on search and mobile marketing and decreasing traditional media spending. According to this report, the future of marketing is so-called "intention marketing" with a combination of paid and organic search along with mobile and social media marketing.

Savvy marketers are already following this trend, according to a 2009 accountability study done by the Association of National Advertisers (ANA) and Marketing Management Analytics (MMA). The number one strategy is taking offline marketing online, and reallocating spending into lower-cost digital media like SEO, PPC and Social Media Marketing.

WSI can take a look at your current marketing strategies online (and offline) and provide the online marketing how to that every business needs in this economy. For every industry, there is a correct marketing mix online that will get you the best ROI possible. And one of the significant benefits of WSI's online marketing strategies is that everything we do is 100% trackable so you know almost immediately how well your campaigns are working and where there is room for improvement.

To find out more about the online marketing strategies WSI can provide, as well as a complimentary analysis of the marketing mix online for your business, please contact us today. As we kick of the fourth quarter of 2009, there's still time to end the year and start off the new year with a bang!