How to form a winning social media strategy

Be seen on your socials

Published: 03 Oct 2024

Last updated: 14 Nov 2024

Read time: minutes

An introduction to social media strategy

Social media offers incredible opportunities for businesses to connect directly with customers. But how do you create a social media strategy that delivers results? In this blog, we'll explore the key steps to forming a winning social media strategy, providing insight into the essential components, benefits, and challenges of each step.

Understanding what a social media strategy is

A social media strategy is a comprehensive plan that outlines how your business will use social media platforms to achieve its marketing goals. It includes everything from defining your objectives and choosing the right platforms to creating content and analysing results.

The goal is to ensure your social media efforts are aligned with your overall marketing strategy, driving meaningful engagement and business outcomes.

Unlike simply posting on social media without a plan, a strategy involves detailed planning for social media efforts and provides a clear roadmap for success. It helps you stay focused, measure progress, and make informed decisions to adjust your approach when necessary.

Setting marketing SMART goals

The foundation of any effective social media strategy is setting the right goals. One popular framework is the SMART goals model, which stands for Specific, Measurable, Achievable, Relevant, and Time-bound. These criteria ensure that your goals are realistic and focused.

For example, instead of setting a vague goal like "get more followers," a SMART goal might be: "Increase Instagram followers by 15% within the next three months by posting consistently three times a week and engaging with users daily." This is a specific target, the growth rate is measurable, it's achievable given the timeframe and resources, it's relevant to your broader marketing objectives, and it's time-bound with a clear deadline.

By aligning your social media strategy with marketing SMART goals, you ensure that each action you take has a purpose and can be tracked for effectiveness.

Understanding your audience

One of the key components of a successful social media strategy is a deep understanding of your audience. Knowing who your target audience is, what they care about, and how they interact with social media will help you tailor your content and engagement tactics to meet their needs.

For example, if your target audience consists of young professionals, platforms like LinkedIn and Instagram might be more suitable for reaching them, whereas a more mature audience might be found on Facebook. It's also important to know what kind of content resonates with them. Are they looking for educational content, inspirational posts, or entertainment? Researching your audience’s demographics, interests, and online behaviour will enable you to create content that grabs their attention and builds engagement.

Tools such as Facebook Audience Insights or Google Analytics can provide valuable data about your audience, helping you refine your social media strategy to better align with their preferences.

Choosing the right social media platforms for business

Not all social media platforms are equal when considering your goals. Each platform has its own strengths, user base, and format. Choosing the right social media platforms for business is crucial for maximising your reach and engagement. Here’s a quick breakdown of some popular platforms:

Facebook:

A broad audience and versatile platform, suitable for businesses looking to engage with a wide demographic. Ideal for community building and sharing various types of content, from posts and videos to events.

Instagram:

Visual-first, Instagram works well for businesses with a strong visual element, such as fashion, travel, or food. It’s great for engagement through stories, posts, and reels.

LinkedIn:

Primarily used for B2B marketing, LinkedIn is ideal for businesses targeting professionals, recruiters, and industry experts. It’s a powerful platform for thought leadership and networking.

X: 

Known for real-time updates and conversation, X is a fast-paced platform that allows brands to engage with trending topics and engage directly with users.

TikTok:

Rapidly growing in popularity, TikTok is perfect for brands aiming to reach a younger audience with short, engaging videos that trend quickly.

Choosing the right platform(s) depends largely on your target audience and where they spend most of their time online. Focusing your efforts on the right platforms ensures that your content is being seen by the people who matter most to your business.

Planning for social media success

Once you’ve identified your goals, audience, and platforms, the next step is planning for social media success. A well-planned social media strategy involves creating a content calendar, deciding on posting frequency, and ensuring a steady flow of fresh, relevant content.

Consistency is key to maintaining engagement. A content calendar helps you stay organised and ensures that you’re posting regularly. It can also help you balance different types of content, such as blog posts, infographics, videos, or user-generated content, to keep your audience interested.

For example, if you're an e-commerce brand, your content calendar might include a mix of product posts, customer testimonials, how-to guides, and behind-the-scenes videos. The goal is to create a diversified strategy that keeps your audience engaged over time.

Creating content strategies for social media

A robust content strategy social media should outline the type of content you’ll create, how often you’ll post, and the purpose of each piece of content. The type of content you produce will vary depending on the platform and your audience's preferences. Here are a few content strategies to consider:

Educational content:

Blog posts, how-to guides, or tutorials that provide value to your audience by solving a problem or answering a question.

Inspirational content:

Motivational quotes, success stories, or case studies that inspire and engage your audience emotionally.

Entertaining content:

Humorous or light-hearted content that encourages likes, shares, and comments. This works particularly well on platforms like TikTok and Instagram.

Promotional content:

While you don’t want to overdo it, promoting products, special offers, or events is essential to converting followers into customers.

Balancing these types of content ensures that your social media strategy remains dynamic and engaging.

Creating social media content that stands out

Once you have a content strategy in place, creating social media content that stands out is your next challenge. Capturing attention is critical. Here are some tips for creating impactful content:

Visuals matter:

High-quality images, videos, and graphics are essential. Whether you’re using professional photography or well-designed infographics, visuals should be eye-catching and aligned with your brand’s aesthetic.

Be authentic:

Audiences today value authenticity. Content that feels genuine and human tends to perform better than overly polished, corporate-style posts.

Engage with your audience:

Content that encourages interaction, such as polls, questions, or calls-to-action, boosts engagement and keeps your audience involved in the conversation.

Storytelling:

Rather than just promoting your products, tell a story. Share your brand’s journey, showcase real customer experiences, or use user-generated content to build trust and emotional connection.

Using social media analytics to measure success

To ensure your social media strategy is working, it’s essential to track your progress with social media analytics. Analytics tools allow you to monitor how your posts are performing, measure audience engagement, and adjust your approach accordingly.

Key metrics to track include:

Engagement rate:

The number of likes, shares, comments, and interactions your content receives, indicating how well it resonates with your audience.

Reach and impressions:

These metrics show how many people are seeing your posts, helping you understand the size of your audience.

Follower growth:

Tracking changes in your follower count helps you see whether your content is attracting new followers or if you're losing them.

Click-through rates (CTR):

This measures how often people click on the links in your posts, indicating how effective your calls-to-action are.

Conversions:

Ultimately, the goal of most social media strategies is to drive conversions, whether that’s sales, sign-ups, or other desired actions. Tracking conversions helps you understand the direct impact of your social media efforts on your business goals.

Regularly reviewing these metrics allows you to fine-tune your strategy, adjust your content, and focus on what works best.

Adapting and evolving your strategy

A winning social media strategy is never static. As your business grows and social media trends evolve, it’s essential to revisit and adapt your strategy. Regularly reviewing your performance through analytics, staying updated on platform changes, and keeping an eye on competitors will help you stay ahead in the ever-changing social media landscape.

For example, TikTok's rise in popularity in recent years has prompted many brands to shift their focus towards short, engaging videos. Adapting your content strategy to embrace these trends ensures that you remain relevant and competitive.

Conclusion

Forming a winning social media strategy requires thoughtful planning, an understanding of your audience, and a commitment to consistency and creativity. By setting marketing SMART goals, selecting the right social media platforms for business, and creating engaging content, you can build a strategy that not only boosts engagement but also drives real business results. Moreover, by monitoring your progress with social media analytics, you’ll be able to make informed decisions and continually refine your strategy to ensure long-term success.

With the right approach, your social media strategy can become a powerful tool for building your brand, connecting with your audience, and achieving your business objectives.

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