How to create a social media marketing strategy

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Are you troubled by Twitter … flummoxed by Facebook … lost on Linkedin … baffled by blogging?

It’s not enough to merely get on the latest and greatest service, you need a strategy to select the right tools, for the right reasons, for your business. Having a social media marketing strategy is the key to using the new tools like Twitter, Facebook, LinkedIn and Foursquare effectively for your business. But what do you need to know about creating a social media strategy for your business?

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Begin by explaining what your overall business’s strategy is. Make sure the people you put in charge of executing the social media strategy know your business strategy. Your team needs to know what you are in business to do before they can effectively communicate with your customers in the social space.

Next, clarify what areas of your business social media will be used for. Will you do marketing, broad communications, networking, customer service, and/or hiring using the social tools? If you do not know why you are using social media, now is the time to figure it out. Just because all your competitors are using it is not the right reason to jump on board.

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Third, know where your audience is located. Ask yourself, “Where are the people I want to do business with already spending time?” Once you figure this out, you can take advantage of what people are already using instead of trying to convince them to try a brand new service.

Last, but not least, determine if you want to find new people to interact with and drive into your business or if you will be putting out information and responding to people who mention you. Will you go searching for new people to sample your work? Is it a tool to stay connected to your loyal customer base? Select one or the other and work on that first, then invest time and resources into the other. If you don’t, you may be exhausted by the amount of time and effort it takes to keep both strategies moving forward when you haven’t yet mastered the tools.

Getting a firm grasp on your social media marketing strategy will help you set meaningful goals, uncover the methods needed and understand the best tools your business can use to interact with your customers and potential customers.

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Just like it’s important to have a strategic business plan when you start your business, it’s critical to develop a social media marketing strategy before diving into the new world of Twitter, Facebook, LinkedIn and more, and to avoid frustrating you, your employees, and, most importantly, your customers and potential customers.

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