In 2010, TLC Business talked about the impact of social media on your business, how lead generation can help you generate new clients and how an SME can go green. So with 2010 nearly behind us, what marketing trends can we expect for 2011?
We have produced a shortlist of what we think will be making the marketing headlines next year, the news we will be reading, blogging and tweeting about.
The age of Social Media
The past few years have seen people and businesses experiment with Social Media tools. Social Media in 2011 will no longer be considered new. In 2011, we will see businesses include Social Media in their marketing strategies, taking full advantage of the social networking opportunities on offer.
SMEs that use Facebook to market business-to-business campaigns will receive a new set of tools from the social media giant. Facebook Pages has released new analytic tools to assist small businesses in better gauging their traffic by posting impression counts. The change will allow small businesses that receive less than 10,000 “likes” to monitor the success of posted content and give SMEs an edge against competitors. Additionally, small companies will be able to see who viewed their posts and post feedback. In turn, they will be able to create better targeted Facebook advertising campaigns.
Not only will businesses be able to take advantage of the growing capabilities of Facebook, shopaholics will also benefit from the power of the Social Media tool. Facebook are capitalising on the fact that many online shoppers like to review, network and interact as they shop. Online storefronts are adding networking platforms to their virtual operations, while marketers are aiming to include social media sites in their sales strategy. With the help of Facebook, you can now take your shopping experience to the next level.
However, unlike 2010, 2011 may not all be about Facebook and Twitter. Google’s top secret foray into social media, ‘Google Me’, has been delayed until March / April 2011. The top-secret plan is rumoured to be a Google branded social platform. According to Google, it won’t be a social network the way people think of Facebook, but rather social information about who your friends are and the people you interact with.
“We are always experimenting with new ways to improve our products, and we have already confirmed that we are focused on incorporating social elements across Google, but we have nothing new to announce”
So what does Google have up their sleeve? Well, we will just have to wait until Spring 2011 to see whether Google’s latest attempt will be a triumph or failure, like Wave and Buzz. Only time will tell.
What we can say now, is that Social Media is only set to grow even bigger than before. If your business isn’t on Facebook or Twitter, it soon will be.