What the changing social media landscape means for SMEs
In today's digital age, SMEs are the backbone of our economy, driving innovation and providing essential services across various sectors. However, the rapidly evolving social media landscape poses unique challenges, as well as opportunities, for these businesses.
From the growing influence of generative AI to the rise of in-platform search and influencer marketing, keeping pace with these changes can be daunting.
The digital environment is dynamic and constantly evolving. For SMEs, adapting to these changes is not just about keeping up but about staying ahead. Generative AI is a prime example of how technology is reshaping the social media landscape. AI-driven tools can automate routine tasks, generate personalised content, and provide valuable insights from data analytics as 66% of brands and agencies said they used AI, with 42% using it for social media captions and 36% for brainstorming. For SMEs, this means the possibility of streamlining operations and focusing more on strategic initiatives. Personalised content generated by AI can enhance customer engagement by delivering relevant and timely messages to the audience.
In-platform search functionalities are becoming more sophisticated. Social platforms are no longer just about content consumption but about content discovery, with over 74% of Gen Z using social media apps like TikTok to source their information instead of traditional search engines. Users can now search for specific topics, trends, and even local businesses within these platforms. This shift offers SMEs an excellent opportunity to optimise their content for search, increasing visibility and attracting new customers who are actively seeking their products or services.
Influencer marketing has also evolved, with a growing emphasis on authenticity and local relevance. People increasingly turn to user-created content, or employee-created content, because it feels real and relatable to their lives. For SMEs, collaborating with local influencers can be particularly effective. These influencers have a deep understanding of the local market and a strong connection with their followers. By partnering with them, SMEs can tap into their credibility and reach, creating campaigns that resonate more deeply with the target audience.
In an age where consumers are bombarded with online content, building strong, personal connections with customers is more important than ever. SMEs can leverage their local presence to foster these connections. Engaging with the community, whether through participation in local events or by supporting local initiatives, helps create a sense of belonging among customers. Highlighting local stories and experiences in social media content can make the brand more relatable and trustworthy. Social media platforms that focus on sharing content and connecting people on a local level, such as Playsee, can be beneficial for fostering community engagement and sharing neighbourhood happenings through the authentic view and voice of locals, creating a more genuine and engaging community experience.
Personalisation is key to making customers feel valued. By using data insights, SMEs can tailor their communication and offers to individual preferences, enhancing the overall customer experience. This could range from personalised email campaigns to customised product recommendations on social media. The more relevant and personal the interaction, the more likely it is to build loyalty and encourage repeat business.
Additionally, interactive content such as Q&A sessions is another powerful tool for engagement that captures attention but also encourages active participation. This two-way communication helps understand customer needs and preferences better, enabling SMEs to refine their offerings and improve customer satisfaction.
Moreover, content is at the heart of any social media strategy. For SMEs, creating content that resonates with the local audience can unlock new growth opportunities. Storytelling is a compelling way to connect with customers on an emotional level. Sharing the brand’s journey, customer testimonials, and behind-the-scenes glimpses can create a deeper connection with the audience. SMEs should invest in good visuals that showcase their products, services, and community involvement. This keeps the audience engaged and reinforces the brand’s message.
To successfully navigate the changing social media landscape, SMEs should regularly analyse their social media performance. Understanding which types of content perform best and which platforms drive the most engagement can inform future strategies.
Collaboration with other local businesses and influencers can amplify reach and engagement. Joint marketing campaigns, co-hosted events, brand partnerships and cross-promotions can introduce the brand to new audiences and create mutually beneficial relationships within the community.
The ever-changing social media landscape presents both challenges and opportunities for SMEs. By staying informed about new trends, fostering deeper customer connections, and creating engaging localised content, SMEs can turn these challenges into growth opportunities.