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Social Media Marketing: How SMEs Can Compete With Big Brands

<p style&equals;"text-align&colon; justify&semi;"><em>Social media provides SME’s &lpar;Small and Medium Enterprises&rpar; the ability to compete with big brands&period;<&sol;em><&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">Everyone knows that social media is big&period; Commitment to social media channels is key for SME’s to gain top market position&period; Combining several platforms to promote your business is a sure way to reach a wide audience&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">With that strategy in mind&comma; here are five ways Small Business Enterprises can Compete with Big Brands through Social Media Marketing&colon;<&sol;p>&NewLine;<ol style&equals;"text-align&colon; justify&semi;">&NewLine;<li><strong> Ignite Your Passion<&sol;strong><&sol;li>&NewLine;<&sol;ol>&NewLine;<p style&equals;"text-align&colon; justify&semi;">SME’s have the advantage of starting their brand because of a passion or a need they saw in the market that hasn’t been solved yet&period; There is something about that opportunity that excites them&period; Passion will keep you motivated&period; When big brands are managed by people that may be burned out&comma; most of the small to medium businesses are filled with people or founders who are very passionate about building success&period; Let your passion ignite you and those who are on board with you&period; People will be drawn to you because they see your passion&period;<&sol;p>&NewLine;<ol style&equals;"text-align&colon; justify&semi;" start&equals;"2">&NewLine;<li><strong> Build A Personal Brand<&sol;strong><&sol;li>&NewLine;<&sol;ol>&NewLine;<p style&equals;"text-align&colon; justify&semi;">If done right&comma; this strategy can make a very big impression&period; When you launch your small business&comma; you become your own brand&period; You will have to leverage your brand to connect to a target market&comma; community&comma; partners and stakeholders&period; Create your unique and personal brand&period; The right time to build one is when you haven’t launched yet&period; You might need some marketing services such as Vibbi to boost your online presence&period; Strategically plan how to present your brand in a way that standouts among similar brands&period;<&sol;p>&NewLine;<ol style&equals;"text-align&colon; justify&semi;" start&equals;"3">&NewLine;<li><strong> Deliver Quality Service<&sol;strong><&sol;li>&NewLine;<&sol;ol>&NewLine;<p style&equals;"text-align&colon; justify&semi;">SME’s can have an instant leg up on the competition when it comes to service&period; You can leverage your brand and personal relationships to make your customers feel special&period; Just make sure to set proper expectations&period; Under promising and over delivering have always worked&period; Don’t give your customers quick turn-around time for deliverables if you know you can’t meet the deadline&period; Work hard to set proper expectations at all of your opportunities&period;<&sol;p>&NewLine;<ol style&equals;"text-align&colon; justify&semi;" start&equals;"4">&NewLine;<li><strong> Choose Your Niche<&sol;strong><&sol;li>&NewLine;<&sol;ol>&NewLine;<p style&equals;"text-align&colon; justify&semi;">SME’s need to focus on a niche market to penetrate it early and fast&period;  Expansion can be done later&period; You can select one to two niche markets to target&period; You must seriously go after them&period; Know your audience&semi; what are their needs&comma; their interests&comma; their online behavior&period; What concerns do they have that you can address&quest; How can you add value to their lives&quest; How can you help them in a way that big brands can’t&quest;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">Be able to answer these questions and you will have no problem locking down that niche of customers or clients&period;<&sol;p>&NewLine;<ol style&equals;"text-align&colon; justify&semi;" start&equals;"5">&NewLine;<li><strong> Let Agility Fuel You<&sol;strong><&sol;li>&NewLine;<&sol;ol>&NewLine;<p style&equals;"text-align&colon; justify&semi;">Leverage your brand to start and build agility&period; A big brand may deal with red tape&comma; while a starting brand will not have that problem&period; When SME’s see that they are already going in the wrong direction&comma; they can easily make a quick pivot without having to face big negative impact&period; Get the benefits of agility in terms of market research&comma; innovation and marketing execution&period; Let agility fuel you to make fast&comma; yet well thought out decisions&period; As a small or starting business&comma; don’t be afraid to take those risks&period; Just learn from each failure and success along the way&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">Now that you see your opportunity of being on par with the big brands in terms of marketing&comma; where do you start&quest; Most popular among social media channels are Facebook&comma; Instagram&comma; Twitter&comma; LinkedIn and YouTube&period; You’ve got to utilize these channels&period; You can also reach the readers through a company blog&period; Your social media marketing strategy will definitely bring significant benefits to your business&period;<&sol;p>&NewLine;

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