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June 21, 2024

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6.21.2024

17 MIN

What is social media marketing? A complete guide

Explore the fundamentals of social media marketing & learn how to effectively reach and engage your audience across social platforms to drive business results.

Marvellous

Marvellous

What is social media marketing? A complete guide
Summary

Social media marketing (SMM) is not just an option, but a necessity for any business looking to thrive. With over 5.07 billion social media users worldwide—which continues to climb annually—understanding how to engage on these platforms effectively is crucial.

So in this guide, we will learn everything you should know when marketing your brand on social media. From what social media marketing is, its benefits, and how to build from scratch an SMM strategy that drives results.

Let’s get started.

What is Social Media Marketing?

Social media marketing is a strategy businesses and marketers use to engage with customers and promote their products or services through social media platforms. It involves creating and sharing content, including posts, videos, and ads, to achieve marketing goals such as increasing brand awareness, driving traffic, and generating sales.

The aim is to connect with audiences where they spend a lot of their time online and to use these interactions to build a community around the brand.

The 5 pillars of Social media marketing

These pillars are crucial components that ensure the effectiveness and success of your online marketing strategies. There are as follows:

  • Strategy: Before diving into posting, it's essential to have a clear strategy that outlines your goals, the audience you want to target, and the platforms that will best reach that audience.
  • Content: Content is at the heart of social media marketing, encompassing everything from blog posts and videos to infographics and livestreams. It should be engaging, relevant, and tailored to the interests and needs of your audience.
  • Engagement: Social media is not just a one-way communication tool. Engaging with your audience through comments, messages, and interactions is crucial to building relationships and nurturing a community.
  • Analytics: Tracking and analyzing your social media performance helps you understand what works and what doesn’t. This will allow you to refine your strategies and improve engagement and conversion rates.
  • Advertising: Paid social media advertising enables you to reach a broader audience and target specific demographics with your content. Paid ads can help you quickly amplify your social media reach.

Benefits of Social Media Marketing

1. Increased brand awareness

Social media platforms provide a unique space for brands to craft their image and gain visibility. With billions of users globally, these platforms offer unparalleled exposure. For instance, Instagram alone boasts over 2 billion active users monthly, providing a substantial audience for brands to tap into.

2. Enhanced customer engagement

The interactive nature of social media enables businesses to engage directly with their audience through comments, messages, and posts.

Nike Service engaging with its community


It creates a two-way communication that enhances customer relationships and loyalty. This dynamic interaction fosters a community around the brand, making customers feel valued and heard.

3. Cost-effective marketing

One of the most appealing aspects of social media marketing is its cost efficiency. Setting up profiles on most social media platforms is free, and the cost of running targeted ad campaigns can be adjusted according to your budget. This makes it accessible for both small startups and large corporations.

4. Rich insights on customer behavior

Social media platforms offer advanced analytics tools that provide businesses with valuable data on user interaction and behavior. This data helps marketers understand customer preferences, optimize their strategies, and create more targeted content that resonates with their audience.

5. Targeted advertising

Social media advertising allows businesses to narrow their focus and reach specific audiences based on demographics, interests, and behaviors. This precision leads to higher conversion rates as are shown to those most likely to be interested in the product or service.

6. Faster crisis management

Social media provides a platform for immediate response during a crisis, allowing businesses to address issues in real-time.

GoPro managing a crisis on Twitter

This can help mitigate damage to a brand's reputation and maintain customer trust.

7. Access to global markets

Social media breaks down geographical barriers. It allows brands to reach global markets more easily. This is particularly beneficial for small and medium-sized enterprises looking to expand their reach beyond local markets.

8. Enhanced customer service

Social media platforms provide an additional channel for customer service. It offers a quick and convenient way for customers to ask questions and receive responses. This timely interaction can significantly enhance customer satisfaction and retention.

These benefits demonstrate why businesses should have a social media marketing strategy. By effectively leveraging these platforms, companies can achieve a broad range of marketing objectives; from increased sales and brand loyalty to improved customer service and global reach.

Key Platforms and Their Unique Features

Social media channels each offer unique features tailored to specific marketing needs and audiences. Here’s an overview of popular social media platforms and what makes each one stand out.

1. Facebook

Facebook remains one of the most versatile social media platforms for marketers due to its comprehensive suite of features tailored to advertising and audience engagement. Here’s an in-depth look at its unique characteristics.

Diverse Ad Formats

Diverse Facebook Ads formats

Facebook offers a wide range of ad formats, including image ads, video ads, carousel ads (multiple images or videos in a single ad), slideshow ads, and dynamic ads (automatically promoting products to the most relevant audience).

Advanced Targeting Capabilities

Marketers can use demographic data, interests, behaviors, and connections to target ads to a specific audience.

💡 Additional Reading: Mastering Facebook Meta Ads: Optimize Performance and Reach Your Audience

Facebook Insights

This tool provides detailed analytics about page followers, post reach, page views, and more.

Facebook Groups

Groups allow businesses to build community around their brand, providing a platform for direct interaction with customers.

Facebook Marketplace and Shops

Facebook Markeplace and Facebook Shops

These features offer businesses a platform to sell products directly on Facebook. It makes it easy for users to shop directly from their feeds, which is ideal for increasing conversion rates.

Live Broadcasting

Live broadcasting on Facebook

Facebook Live is a powerful tool for hosting live events, product launches, and Q&A sessions. It allows brands to engage with their audience in real-time.

  • Demographics and Audience: Facebook has a broad user base, making it suitable for nearly any type of marketing campaign. Its largest demographic includes users aged 25-34, but the platform is also popular among older adults. Facebook provides access to a diverse range of age groups and backgrounds. This wide-ranging appeal makes Facebook a critical platform for both B2C and B2B marketing strategies.
  • Best for: Brand awareness and targeted ads due to its massive, diverse user base.

2. Instagram

Instagram is a highly visual platform that has become a favorite for brands focusing on aesthetics and storytelling. Here’s a closer look at its unique marketing features and demographic appeal.

Visual Content Dominance

Sephora's Instagram visual post

Instagram emphasizes photo and video content, making it ideal for brands to showcase their products, behind-the-scenes activities, and visually appealing narratives through regular posts, Stories, and IGTV.

Instagram Stories and Reels

Sephora's Instagram Story with beauty products

Instagram Stories allow brands to post content that disappears after 24 hours while Instagram Reels are engaging short video content that can go viral. Stories and Reels are excellent for promotions, flash sales, or quick updates.

Instagram Shopping

Asos' Instagram shopping

This feature integrates e-commerce directly into the Instagram experience. It allows users to purchase products directly from posts, Stories, or the dedicated Shop tab.

Targeted Advertising

Instagram uses Facebook’s robust advertising system so it also offers the same detailed demographic targeting options.

Influencer Partnerships

The platform's culture of influencers provides brands the opportunity to reach larger or more targeted audiences through collaborations. Brands can leverage an influencer’s following to boost their visibility on the platform.

  • Demographics and Audience: Instagram’s user base primarily consists of younger demographics, with a significant presence of millennials and Gen Z users. It’s particularly popular among people interested in fashion, travel, food, and other lifestyle sectors. This makes Instagram an essential platform for brands targeting trendy, young consumers who value creativity and visual storytelling.
  • Best for: High-engagement visual advertising and influencer collaborations.

3. X (Twitter)

X (Twitter) is renowned for fast-paced real-time communication. This makes it a powerful platform for marketing. Here’s an exploration of its unique features and the demographics it best serves.

Real-Time Engagement

Gymshark engaging with community

Twitter excels in live interaction, allowing brands to engage with trends, news, and conversations as they happen.

Hashtag Usage

Hashtags are a core feature of Twitter. It helps to increase the visibility of posts and allows brands to join broader conversations or create unique campaigns that users can follow.

Twitter Ads

Twitter offers various advertising options such as promoted tweets, promoted accounts, and promoted trends, which help increase reach and visibility to targeted user groups.

💡 Additional Reading: Complete Guide To Twitter Advertising

  • Demographics and Audience: Twitter’s user base is diverse, skewing slightly towards a younger, tech-savvy demographic. The majority of its users are between 18 to 34 years old. It is popular among users interested in current events, politics, technology, and pop culture. This makes Twitter ideal for brands that deal in news, entertainment, technology, and lifestyle.
  • Best for: Timely updates, customer service, and direct engagement with audiences.

4. LinkedIn

LinkedIn stands out as a professional networking platform. This makes it effective for B2B marketing, professional branding, and recruitment. Here’s how it caters to these unique demands.

Professional Audience

LinkedIn is tailored towards professionals and business audiences, making it ideal for establishing thought leadership and industry expertise.

LinkedIn Ads

Example of a LinkedIn Ad from Intel Corporation

LinkedIn offers specialized ad formats like Sponsored Content, Sponsored InMail, and Text Ads that are designed to target professionals based on their industry, job role, and seniority.

💡 Additional Reading: Ultimate Guide to Designing Impactful LinkedIn Ad Campaigns

Content Publishing

LinkedIn allows individuals and companies to publish articles directly on the platform. This will allow you to enhance your visibility and establish authority in your field.

Groups and Networking

LinkedIn Groups provide a space for professionals to network, share content, and discuss industry-specific topics. These spaces are invaluable for building professional relationships and staying informed about industry trends.

Recruitment Tools

Beyond marketing, LinkedIn is a powerful tool for recruitment. It allows businesses to post job listings and search for candidates based on very specific criteria.

  • Demographics and Audience: LinkedIn’s user base primarily consists of professionals, including top-level executives, managers, and other employees actively seeking career opportunities, industry news, and professional content. It is especially popular among B2B businesses and industries such as technology, finance, pharmaceuticals, and engineering.
  • Best for: B2B marketing, recruitment, and professional branding.

5. TikTok

TikTok has rapidly emerged as a dominant force in social media, particularly among younger audiences. Here’s an overview of its standout features for marketing.

Short-Form Video Content

TikTok specializes in 15-second to 3-minute videos, encouraging creative and catchy content that is easy for users to consume and share.

“For You” Page Algorithm

For you page (FYP) on TikTok

The TikTok algorithm is highly effective at delivering content to users who are likely to find it interesting, based on their previous interactions. This makes content discovery exceptionally dynamic and tailored.

Viral Challenges and Hashtags

TikTok encourages the use of challenges and hashtags, which can quickly go viral and significantly increase brand visibility and user engagement.

TikTok Ads

Example of a TikTok Ad from Mouscase

The platform offers various ad formats including In-Feed ads, Branded Hashtags, and TopView, which allows your ad to be the first thing users see when they open the app.

💡 Additional Reading: A Complete Guide To TikTok Ads

  • Demographics and Audience: TikTok is especially popular with Gen Z and younger millennials, making it an ideal platform for brands targeting these younger demographics. The content is often more casual and entertaining, aligning well with the interests and consumption habits of this audience.
  • Best for: Brand virality and trend participation.

6. Pinterest

Pinterest is a standout platform for visual discovery and inspiration. This makes it a powerful tool for marketers in visually-driven industries.

Visual Search Technology

Pinterest's visual search tool allows users to upload an image or use an existing pin to search for visually similar items, styles, or products. For shoppers, the visual search tool can identify products within an image and link directly to places where they can purchase these items. This seamless integration of search and commerce facilitates easy shopping and can help users find and buy products effortlessly

This feature makes it an excellent platform for brands to showcase their products to users who are already looking for similar items.

Rich Pins

Example of a recipe rich pin

Rich Pins provides more detailed information directly on the pin, including real-time pricing, availability, recipe ingredients, and article headlines. This feature enhances the user experience by providing key information at a glance.

Promoted Pins

These are standard pins that companies can pay to promote. They appear in users' feeds like any other pin but have a broader reach. Promoted Pins are a great way to increase visibility and drive traffic to a website or blog.

Boards for Product Curation

Gymshark's Pinterest page

Businesses can create boards to showcase their products, share content related to their brand, or even curate themes that align with their target audience's interests, enhancing engagement and brand loyalty.

  • Demographics and Audience: Pinterest's primary audience is predominantly female, making up about 60-70%. Pinterest’s user base is particularly interested in DIY projects, fashion, beauty, home décor, and cooking. This demographic tends to use Pinterest when making purchase decisions. This makes it a valuable platform for targeted marketing in related industries.
  • Best for: Driving sales through visual discovery and inspiration.

How To Create An Effective Social Media Marketing Strategy

1. Set Clear Goals

Establishing clear, achievable goals is foundational to crafting an effective social media marketing strategy. Here's how to set these goals.

A. Identify your business goals

Start by aligning your social media goals with your overall business objectives. Whether it is increasing brand awareness, driving web traffic, generating leads, or improving sales, each goal should support your broader business aims.

B. Use SMART goals

Utilize the SMART criteria to refine your goals:

  • Specific: Clearly define what you hope to achieve by promoting your brand on social media.
  • Measurable: Ensure the goal can be quantified or measured with specific metrics.
  • Achievable: Set realistic goals that can be attained with your resources.
  • Relevant: Choose goals that matter to your business and its growth.
  • Time-bound: Assign a deadline to each goal to provide a timeframe for achieving results.

This structured approach guides your strategy and helps measure your success so you can make necessary adjustments along the way.

2. Understand Your Target Audience

To effectively engage with your audience, you must understand who they are. You can do this by defining your target demographic.

Identify key characteristics of your target audience, including age, gender, location, and interests. This demographic profiling will help you determine which platforms your target audience spends most of their time on. It will also inform the tone and content of your posts on social media, ensuring they resonate with the intended users.

Here are various marketing tools and techniques you can leverage to help you gather insights about your audience:

  • Social media analytics: Social media platforms provide data on your current followers and their interactions. For a more in-depth analysis, use social media management tools.
  • Surveys and feedback: Directly asking your audience through surveys will give you detailed information about their preferences and expectations.
  • Competitive analysis: By monitoring your competitors, you can have a good idea of who your audience is. It will also inform you on the kind of content they interact with the most.

3. Curate and Create Engaging Social Media Content

Here's a step-by-step process that will help you to create content that resonates with your followers.

A. Set clear objectives

Define what you want to achieve with your social media presence. Here are some objectives you can choose:

  • Increase brand awareness
  • Drive website traffic
  • Improve customer engagement
  • Generate leads

Your goals will determine the type of content you should focus on.

B. Develop your brand voice and style

Example of a tone of voice with Spotify

Your brand voice is a reflection of your company's personality and values. Developing it clearly and deliberately helps you establish a unique brand identity. This identity makes your brand more memorable and differentiates it from competitors.

C. Plan content types

Decide on the types of content that will best engage your audience and support your objectives. Here are some examples of content types:

  • Educational: Tutorials, webinars, infographics.
  • Inspirational: Success stories, quotes.
  • Promotional: Product launches, discounts.
  • Engaging: Polls, contests, Q&A sessions.

D. Leverage high-quality visuals

Visual content such as images, infographics, and videos engage users more effectively than text-only posts. High-quality visuals are eye-catching and can make users stop scrolling and take notice. Studies show that content with relevant images gets 94% more views than content without images. Moreover, visual content is more shareable and can lead to higher interaction rates such as likes, comments, and shares.

It’s best practice to develop visual style guidelines for your brand. A visual style guideline ensures that all visual elements associated with the brand—such as logos, colors, fonts, and imagery—are consistent across various platforms and materials. This consistency helps in creating a unique look recognizable to consumers, increasing brand recognition.

Here is an example of a brand with a strong visual style on Instagram.

Thejungalow's strong visual Instagram feed


E. Embrace storytelling

Storytelling on social media is a powerful tool for brands looking to connect with their audience. By weaving narratives into their content, brands can evoke emotions, build relationships, and enhance the memorability of their messages

Few tips on how to add storytelling to your social media content:

  • Create content that features customers, employees, or fictional characters that your audience can relate to or aspire to be like.
  • Post video content with a beginning, middle, and end. You can also include a conflict or challenge with a resolution at the end to keep the audience engaged.
  • Share stories behind your products, customer experiences, or even day-to-day operations.
  • Connect emotionally by tapping into feelings like joy, nostalgia, or inspiration. This will make your brand and content more memorable.

F. Curate relevant content

Not all your content has to be original. Curating content can also add value to your followers. You can share industry news, insights, or useful articles from other creators.

Remember to give credit to the original sources.

4.  Engage with your audience

Engaging with your audience on social media is important. It helps you develop personal connections with your audience that help foster loyalty and trust. Here are tips that will help brands engage with their audience on social media.

Respond to comments and messages

Make it a priority to respond to comments and direct messages quickly. A personalized response rather than automated replies can make a big difference in how your brand is perceived.

Create interactive content

Use polls, quizzes, and questions to encourage participation. Interactive content encourages users to participate, not just passively consume. This active participation boosts engagement rates, as users are more likely to comment on, like, or share content that they find engaging.

Host live sessions

Live video sessions on platforms like Facebook, Instagram, TikTok and YouTube can be a great way to engage with your audience in real time. Use these sessions for Q&A, behind-the-scenes tours, or product demonstrations.

Use contests and giveaways

Running contests and giveaways are effective for encouraging participation and engagement. They can also be used to gather user-generated content (UGC). Content created by users often resonates better with audiences because it reflects real-world use and satisfaction.

Sharing UGC can increase engagement rates as followers prefer to see relatable content from fellow consumers rather than just the brand. Always credit the original poster when sharing their content.

Utilize stories

The “Stories” format is a big hit on Facebook and Instagram. On Instagram alone, more than 300 million monthly active users create or interact with stories daily. So to increase your brand’s engagement rate, use stories to share daily activities, and special offers, or to quickly respond to trending topics.

Personalize interactions

Tailor your interactions based on the information available about the user (e.g., name, preferences, past interactions). Personalization can make your responses more relevant and engaging.

By implementing these strategies, brands can effectively engage with their audience on social media.

5. Create a content calendar

A content calendar helps ensure regular posting, which is crucial for keeping your audience engaged and maintaining a consistent presence on social media.

Planning content in advance also gives you more time to create high-quality posts. It provides an opportunity to review and refine content before it goes live. This will ensure that all content you post aligns with your brand’s voice and standards.

Here are some tips when creating a social media content calendar.

Identify key dates

With a social media holidays calendar, plan content around relevant holidays, seasonal events, and important business dates such as product launches or company anniversaries.

Planning around key dates encourages diversity in content, as it requires thinking about different themes and campaigns that align with those dates. This will make your content more engaging and relevant to your audience, increasing their interaction and connection with the brand.

You can download for free our 2024 social media calendar, also available on Notion & Google Calendar.

Schedule posts

Determine the best times to post based on when your audience is most active. Use social media analytics tools to find optimal posting times for each platform. Iconosquare has a “best time to post feature” that will help you determine the best time to post on Instagram.

💡 Additional Reading:

Assign tasks

Delegate responsibilities among team members. Clearly define who is responsible for creating content, who approves it, and who posts it. This clarity helps prevent overlaps and ensures accountability.

Prepare content in advance

Create and store content ahead of time. This might include writing posts, designing graphics, or producing videos. Having content ready to go reduces last-minute pressures.

The Calendar View in Iconosquare

With Iconosquare’s publishing feature, you can schedule all your social media posts in advance.

6. Regularly analyze and improve your content strategy

Either by using the social media platform's inbuilt analytics tools or by using an advanced social media analytic tool, it's important to track the performance of your content and strategy.

Start by analyzing what types of content get the most engagement. This will allow you to understand which kind of posts your audience wants to see from you. This knowledge allows you to tailor your content strategy to better meet the interests and needs of your followers, thereby increasing engagement rates and satisfaction.

When analyzing your social media strategy, here are key performance indicators you should monitor.

Engagement rate

This includes likes, shares, comments, and replies on your posts. High engagement rates indicate that your content resonates well with your audience. This metric helps assess the quality and relevance of your content.

Reach and impressions

  • Reach: This metric refers to the number of unique individuals who have seen your post at least once. It's a measure of how many different people your content is getting in front of, regardless of how many times they see it. Reach is useful for gauging how widely your content is spreading across your audience and is particularly important when you're looking to maximize the exposure of your message.
  • Impressions: This metric counts the total number of times your content has been displayed, regardless of whether it was clicked or not. Unlike reach, impressions are not unique to each user. This means if the same user sees your post three times, it counts as three impressions. Impressions help in understanding how often your content is being viewed and can indicate the visibility and frequency of your content on users' feeds.

Click-through rate (CTR)

CTR refers to the percentage of people who clicked on a link in your post. This metric is crucial for evaluating the effectiveness of calls to action and the overall engagement with specific content.

Conversion rate

Conversion rate measures the percentage of users who took a desired action (like signing up for a newsletter, downloading a resource, or making a purchase) after clicking on a link in your post. It directly ties social media activity to business outcomes.

Follower growth rate

This tracks how quickly your brand is gaining followers over time. It’s an indicator of brand awareness and appeal.

Brand mentions

The number of times your brand is mentioned on social media platforms. This KPI is useful for monitoring brand visibility and reputation.

Share of voice

This measures your brand’s visibility in comparison to competitors. It involves tracking mentions of your brand and your competitors’ brands to gauge market presence.

Monitoring these KPIs provides a comprehensive overview of your brand’s social media performance, highlighting strengths and areas for improvement.

Iconosquare allows you to monitor the performance of all your social media efforts at a glance. And with over 100+ metrics being monitored on the platform, you will have an extensive view of what is working and what isn't. Try it for free!

Ready to create a social media content strategy?

Embarking on the journey of social media marketing is like setting sail into a vast ocean. But with the right strategy and good social media marketing campaigns, your brand can navigate through the bustling currents of online chatter and into the hearts of your audience.

Always be ready to adjust your sails to the changing winds of social trends and innovations. This guide will help you get started on your journey.

Remember, the key is to be authentic and responsive on social networks. This will allow you to create a community around your brand that regularly engages with your content and products, rather than just a follower base.

About
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Marvellous

Marvellous

Copywriter @Iconosquare

Hi! I'm Marvellous, huge fan of Iconosquare as a product, and determined to help experienced social media marketers thrive in the various aspects of their career.

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