Marketing Soup | Page 8

F F acebook, Tweeter, LinkedIn, YouTube, and blogs are the most popular networking sites in the social media community. The use of each platform varies and so do the benefits. Ac- cording to a research done by Google, about 90% of people who own smartphones have at least one account registered to any given social media site. This means sites like Instagram or Twitter host millions of internet users who are basically potential clients, and the fact that businesses can communicate to clients from all corners of the world is no longer a new concept. or small and medium businesses, social media platforms present a cost-effective way to interact with a multitude of prospects, initiate marketing campaigns and promotions, and increase sales conversion. In 2015, some of the trends that can be applied to join businesses reaping advantages of social media and harnessing its full potential include: From Inc 500 records, 94% use LinkedIn while Facebook and Twitter’s reach constitute 80% and 79% respectively. A large percentage of any business’ clients access social media sites on a routine basis too. The use of social sites has grown exponentially over the last few years and the implication for your business’s bottom line is huge. 8 9