Social media was originally created to provide a space for users to communicate, network, and make new friendships and maintain old ones. However, recently in the past few years, it has become a successful avenue for companies to advertise and grow their business as well. Facebook pioneered this frontier breaking out their advertising capabilities, but with the recent acquisition of Instagram, Instagram has become an extremely effective advertising platform for businesses of any size. Social advertising pricing makes it much more affordable for a big and small business to be successful on their platforms.
When it comes to your business one of the first things you should look at is who you are trying reach. This is otherwise known as your target audience. A target audience is defined as the specific group of people you want to reach with your marketing message. They are the people who are most likely to buy your products or services, and they are united by some common characteristics, like demographics and behaviors. No one, neither small businesses nor large businesses, can afford to target everyone, and even if they could it would not help the company in any way.
In order to remain competitive in the market, you need to direct your business and its services to a niche audience. Many businesses say they target anyone interested in their services, including small-business owners, homeowners or stay-at-home moms. All of these targets though are far too general. By focusing your attention on finding your specific target audience, you can use your marketing dollars and brand message on a niche market that is more likely to buy from you than other more general markets. This is a much more affordable and effective way to reach potential clients and generate business. Below, are easy steps to help you to define your target audience.
Every bit of information from a restaurant review on Yelp, a price comparison on Amazon, or a network saturated with advertisements on Google is available with a few taps of a button on the internet. Unlimited access to the internet makes it crucial for businesses to capitalize on their internet presence and pay keen attention to the benefits of reputation management.
Before the internet, it was more difficult for unhappy customers and clients to make their experiences known. However, the internet fostered a platform through which consumers can have a very public voice about products and services. It is important to leverage this communication platform and ensure it works for you in a positive way.
The American Advertising Federation is a nonprofit national advertising trade association that was established 114 years ago. They're headquartered in Washington, D.C. and branching off from the headquarters are 15 district operations across the nation. The mission of AAF states that they “protect and promote the well-being of advertising . We accomplish this through a unique, nationally coordinated grassroots network of advertisers, agencies, media companies, local advertising clubs and college chapters”. Knowing the AAF mission statement and the importance of protecting and promoting the well-being of advertising , Inner Spark Creative was eager to become a member of this federation and get involved. Shortly after opening our agency, we officially became a member and are honored to be a part of The American Advertising Federation of Montgomery, also named a part of district number 7.