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How to take advantage of Social Media in E-commerce

  1. #1
    Junior Member Michelle_Magestore's Avatar
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    Default How to take advantage of Social Media in E-commerce

    Did you know that, according to Forrester research, online retail sales in 2013 are predicted to reach $262 billion — a rise of 13 percent over 2012’s $231 billion in online sales and representing 8% of the total retail pie?

    Online selling is flourishing and one contributing factor that cant be missed is social media. If you are still a stranger to the ways in which social media can be a powerful tool for the betterment of your e-commerce site, then the time to get in the know is now. Let’s just start with the first part of the Social Media topic with some basic essential tips:

    1. Set your goals

    One of the biggest mistakes e-commerce companies make when it comes to social media is not having clear goals for what they want to accomplish using social media marketing. If you don’t set goals, how will you measure the results of your social media campaigns?

    Before you spend the time building a Facebook fan base, we recommend sitting down and thinking through what exactly you hope to get out of using social media for e-commerce. The answers will differ from company to company, but most of them involve the following:

    • Increase brand awareness
    • Offer more responsive customer service
    • Increase sales
    • Encourage customer loyalty and repeat business
    • Stay ahead of your competitors
    • Build a network of brand advocates
    • Expand your reach to new customers through existing customers
    • Make sure your goals are realistic. Although increased sales is the bottom line of every e-commerce store, it’s important to understand the limitations and unique advantages of social media for e-commerce.



    2. Understand your customers

    Before jumping into social media, take the time to understand your customers. What type of content do they prefer? Where do they like to hang out? How often do they want to hear from you on a specific channel?

    Taking the time to plan out your social media strategy prevents you from wasting time on social channels that your customers don’t use or spewing out content that your customers don’t see as valuable.

    3. Offer valuable content regularly

    Customers will only stay engaged with your e-commerce business on social media if you continually share valuable content. The majority of customers who befriend an e-commerce company are hoping for exclusive discounts, coupons, or special offers that you don’t offer elsewhere. They may also be interested in new product launches, special announcements, and behind-the-scenes pictures and videos of your company.

    Make your social media accounts interesting and fun. Start conversations with your customers—don’t just promote yourself. Show genuine interest in your customers as real people, and they will see your brand as human rather than as just a business.

    4. Combine social media with other forms of marketing

    If your social media marketing is divorced from other forms of online and traditional marketing, you’re missing out. The best way to build your social media following organically is to include links to your social sites on your website, email campaigns, business cards, marketing brochures, and product pages. The more options you give customers to interact with your brand, the more social media activity you’ll see around your brand—and the closer you’ll be to reaching your social media marketing goals.

    5. Assess the results

    As with any marketing campaign, you need to measure the results in order to find out what worked and what did not. Are you reaching your goals? If so, set bigger ones. If not, rethink your strategy and start over, or call for reinforcements (a.k.a. hire a social media firm). The only way to know if social media marketing is worth the time and effort is to measure the data and draw conclusions from the results.

    Obviously, different online stores will have different strategies in making use of social channels in creating their own competitiveness. However, above are 5 basic tips that every e-store owner should know. We hope those tips will be useful for you. Please spread your thoughts and feelings in comments and see you again in Part 2 of this topic, in which we will discuss about specific social channels.

    Source: www.blog.magestore.com

    On the occasion Magestore reaches 22,222 customers worldwide, we offer up to 22% discount on all Magento extensions. They are 28 extensions rated 4 to 5 stars on Magento Connect, covering all what an a webstore needs, such as: Affiliate Plus, One Step Checkout, Reward Points, Store Locator, Product Labels…

    This offer is just valid from 29th to 31st July, 2013 (GMT -7). Click here to buy now!

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    Also by using the Social login or FB referral extension, it is possible and easier to take advantage of social media in your ecommerce store. By referring the product to their Facebook wall will get more exposure for the particular post.

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    Default By Magento Ecommerce store in Android Application

    Create an Android Application for your Magento ecommerce website & send offers / new products etc by using "alerts".
    Check this link: https://play.google.com/store/apps/d...adodis.megento

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    You can also send products e-mail to your regular customer. Also make Social Media log in instead of traditional Magento log in System. Post valuable content and offers at all Social Media sites. From this task you can get lost of advantage from Social Media sites.
    M-Connect Media an eCommerce Design Agency ...

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    if anyone here want to know more about ecmmerce tips or mangeto news, you can visit Magento tutorials blog and Magento Certificate blog.

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    Social media is a type of electronic communication by which user can develop an online community to share or convert information, views, involvement, concepts, target, visibility and contents. Social media has an important role and potential benefits in E Commerce Websites

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    Junior Member DavidSingletary's Avatar
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    Social media really plays very important role for you eCommerce business. I like you guys to please read this post "Increase Your Sales By Becoming Social Media Guru" - http://www.themeheros.com/blog/incre...al-media-guru/

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