How to grow retail business on social media?

Learn how to grow your retail business on social media with key strategies and tools. Boost sales and engage customers effectively!

Kasthuri | 27 June 2024

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How to grow retail business on social media?

Whether you have a retail store, e-commerce site, or e-commerce without a store. Nowadays social media for retail is important. Today’s customers are more aware of the products that they are looking for, if they need more information about the product they become detective to find the best product for their needs.

That’s the reason you need to find out the best retail social media strategy for your business, this helps the audience to find your business.

Why is social media important for the retail industry?

A Social media strategy for retail is important because most of people spend an average of 2 hrs 24 min on social media. Use Social media to create awareness, and updates, and build relationships with customers so that they always be in touch with your business.

When you talk about the number of people who use social media, if they social media for a retail business that’s the real game changer.

According to a recent report, 46% of Americans watch user-generated content on social media rather than watching movies or other screening times. The average American spends 31 minutes per day on Facebook, Average time spent on Instagram as of 2023 is 33 minutes per day, For TikTok, they spend 55.8 minutes per day and American adults spend 26 minutes per day on Snapchat.

So, you have to identify the right social media for a retail business to get your target customer’s attention. Research on retail social media trends shows that 34% audience made a purchase decision from social media.

How can social media be used to increase sales in the retail industry?

Now we know the importance of social media for retail, but how to use social media effectively to increase the growth, and sales of your retail business, and set new business goals to achieve.

Best Social Media Marketing Strategies for Retail:

1. Build Brand Loyalty:

Every brand has its unique value to be followed, similar to your target audience. The first task of your business is to find your target audience’s preferred social media platform so that you can create brand awareness about your business and start engaging with them.

build brand loyalty

Why active in social media in the retail industry boost brand loyalty? Most of the audience visits their preferred social media platform multiple times a day, In the U.S. 53% of shoppers of the brands are loyal to them.

2. Connect with influencers for your brand:

Retailers trust influencers to brand their brands, So here is the question how to identify the perfect influencer for your local business? First, you have to identify your target audience’s preferred social media platform from that collaborate with an influencer who does content related to your niche. When you collaborate with your niche influencer your product or service gets more engagement due to a similar audience.

connect with influencers for your brand

Nowadays people trust influencers more than the brand advertisement. For example, if a food blogger suggests a restaurant, most followers visit the restaurant.

3. Bring Organic traffic to your website:

The main reason for retail social media marketing is that to bring traffic from social media. Providing valuable content related to that your target audience easily reaches your pages, products, and blogs to your sales

bring organic traffic to your website

4. Maintain Relationships with Customers:

In this era social media dominates in the retail industry, Audiences rely on it for sharing events, thoughts, and their lifestyle with their friends and family using social media. They also communicate with brands by DMs, commenting on their posts to share their experience with brands or products.

maintain relation ships with customers

An effective social media strategy for retail turns the negative into positive. Recent studies show customers are satisfied when communicating via social media rather than by phone. This leads to several benefits such as increased sales, customer satisfaction, and brand reputation.

5. Avoid being over-promotional:

Yes, We know retailers use social media to drive more sales. But focusing on sales doesn’t mean that you’re over salesy.

avoid being over promotional

Yeah, gaining followers is an important way to increase your social media presence and ROI. At the same time if you only post promotional content for your business they won’t stay with you. The best way to keep engaging your audience is by posting organic valuable content that leads to more sales. Use social media ads to create brand awareness and drive more sales.

Follow the 80-20 rule. Most of your 80% of content should be valuable and entertain your audience. 20% should promote your businesses.

6. Replicate in-store interactions via social media:

In the starting stage of the pandemic, physically visiting stores to purchase was not an option. Suddenly e-commerce become a lifesaver for everyone from food, furniture, and everything in the World retail market from falloff.

replicate in store interactions via social media

This means there is a lesser chance of live interaction with customers. yeah! those live interactions build trust, loyalty and drive more sales. Physical shopping gives brand experience and shop executives assist customers to find the right products.

Social media tools allow brand to recapture some of that key personal magic spell through strategies such as:

7. Interact with your audience via social media:

Social media is not only for advertisement, you have to engage with your audience to create a positive experience about you. There are many ways to engage with them by replying to their comments on your social posts, from getting brand loyalty to creating positive signals to social media algorithms. This also brings you the opportunity to understand your audience at scale in a way you could never repeat in a brick-and-mortar store.

Best Social Media Marketing Tools for Retailers:

1. Heyday

Heyday is a social messaging app made just for stores. It has a smart helper that can assist customers with things like tracking orders and choosing products. It uses clever technology to understand what customers ask, even if it’s not exactly what it expects.

heyday

Heyday offers a customized social enjoy with features like messaging, video chat, and appointment scheduling. It is aware of whilst to attach clients with a human for quick assistance

2. Storefries

Storefries contains number of social media marketing tools that really help retail brands

storefries

Storefries social media management dashboard offers to manage all social media channels in one place. So you can manage your retail social media campaigns without jumping to other social media channels. You can also create content, and schedule all your in advance(best time to post) so that you can concentrate on your marketing strategies. Storefies is also the best tool for social listening, which is a main source of retail customer intelligence.

3. Sparkcentral

Sparkcentral is great for supporting customers on social media. It centralizes all social messages and integrates with your CRM system for a better view of your customers.

sparkcentral

When you integrate social messages into your CRM, you understand what your customers want. This helps with your marketing plans, such as creating new products and packing in stores.

4. Shopview

Shopview makes social media marketing easier for retail brands. It lets you share products from your ShopifyMagentoBigCommerce, or WooCommerce store directly to social media. You can also keep track of orders and reply to comments on social media.

shopview

5. Springbot

Springbot allows stores to make use of social media to get social content suggestions based on facts from your online save. You can generate trackable product hyperlinks and examine which social systems generate the most sales. Springbot makes social media management simpler for online retailers with the aid of integrating with Storefries and your Shopify, Magento, or BigCommerce keep.

springbot

6. StoreYa

StoreYa helps you to without problems bring your online keep onto Facebook. You can showcase products, tune analytics, and deal with featured products seamlessly.

storeya

Conclusion:

In the modern day rapidly evolving digital landscape, social media has become an important tool for retail businesses to connect to their target audience and maintain engagement. By leveraging systems like Facebook, Instagram, and Twitter, outlets can reach their target audience, showcase products, and maintain interactions with customers.

However, managing a social media presence may be difficult for retailers, especially whilst juggling diverse different platforms of the commercial business. This is in which Storefries, a social media management tool, comes into play. Storefries offers a complete solution for retailers to streamline their social media efforts, from scheduling posts and monitoring engagement to analyzing performance metrics.

Storefries enables retail stores to keep a constant and steady presence across more than one social media platform, ultimately helping them boost their logo identity, entice new customers, and power income. With its user-friendly interface and effective features, Storefries is a useful asset for any retail business looking to maximize its online presence and stay beforehand in the competitive market.