Social media platforms are now an important part of any business that wants to stay in business. They help you stay in touch with customers, boost sales, and reach new people. I've used social media to help build eight different million-dollar businesses.
But not every platform will work for your business. In this article, we'll look at some of the most popular social media sites and explain why each one may or may not help your brand grow.
How to Choose the Best Social Media Site for Your Business
One of the best and most affordable ways to grow your business is to use content marketing on the right social media platform. On the other hand, if you pick the wrong social media platform, you could waste time or even hurt your brand. Consider your target audience first. Think about the people you want to reach with your content and where they spend most of their time online. Are Facebook, Instagram, or LinkedIn where they spend most of their time?Then, think about how much time and money you have. Each social media site offers different levels of access, from Facebook’s free accounts, which allow basic posting privileges, all the way up to LinkedIn’s premium plans, which provide additional features and benefits. If you don't have a lot of money, you might want to start with a free account. You can always invest more resources in a more expensive site later.
Some of the top social media sites for company growth in 2023
At the end of the third quarter of 2022, there were 2.96 billion monthly active users on Facebook. This made it the largest social media platform in the world. Facebook is a great place to advertise if you want to reach a large number of people and take advantage of the benefits of social media advertising. When a business owner comes to me and says they want more leads and sales, I almost always tell them to start on Facebook. It has a plethora of features that make it simple to interact with clients and promote your brand. You can use different targeting options to reach different groups of people. You can also use a newsfeed to let your followers know what you're doing and host live video events or make custom ads that lead to your website.
Based on these numbers, Instagram is great for building brand awareness and getting leads because it lets businesses show off their products in an artistic way and get attention with catchy hashtags. Because users engage with each other through comments and likes on posts, it’s also an excellent location to create a community around your business, solicit client feedback, and sell things.
YouTube
YouTube is the largest place to share videos and the second-largest place to use social media. As of the third quarter of 2022, it had more than 2.6 billion users and more than 122 million daily active users. YouTube also brings in a lot of money for Google, which makes it a key platform for any business that wants to reach people all over the world.Creating creative content that keeps people interested is the key to growing your business on YouTube. The more engaging your content is, The more people who see it and share it with their friends, the more probable it is that they will watch it.
Some of the worst social media sites for businesses to use to grow in 2023
Twitter might help you get the word out about your business, but it's not a good way to grow it. There are so many people on the platform that it can be hard to stand out if you aren't already well-known. Instead of trying to use Twitter on its own, it's important to know how it can be used with other platforms.
Snapchat
Snapchat is not a good place to grow a business. The platform's Spotlight feature has 125 million active users per month, while its Snap Map function has 250 million. In terms of the number of people who use social media, that is a small number. Also, Snapchat is mostly used by people under the age of 25. As of July 2022, users aged 13 to 17 made up 20.5% of Snapchat’s total audience, and users aged 18 to 24 accounted for 39.1%. Considering these facts, Snapchat might not be the best place to advertise if you want to reach older people.TikTok
TikTok is an app that lets people share short videos with their followers. With 1 billion active users per month, the platform is less popular than Facebook, Instagram, and YouTube. Also, most people who look at a post on TikTok only watch the first 15 seconds of it before moving on. Before your business puts a lot of time and resources into video creation for this platform, be sure it is worth your investment.Each social media site has its own group of people who use it and its own pros and cons. The goal of using any medium is to reach new customers and grow your audience through content marketing. No one social media platform is best or worst for everyone, but some will be better suited for your business needs than others. It all depends on who you're trying to reach, how much time you have to manage social media, and what your business goals are for the marketing content. Find out more about each platform, and then decide which one works best for you.