Publicise Your Business
When it comes to relationships, many people feel more secure when their significant other publicises them and draws attention to them – especially on February 14th. The same goes for your business; the more exposure you give it, the more secure it will become. The power of promotion is not to be underestimated, especially when it comes to social media. No matter what your business sector is, you can benefit from social media promotion – particularly if you’re a B2C company.
According to a study conducted by Clutch and Smart Insights, 52% of social media marketers said their sales and revenue is positively impacted by social media, making it a key aspect of a digital marketing strategy.
If you sell physical products, it’s a particularly lucrative endeavour because according to Sumo, $6.5 billion was earned by the top 500 retailers in 2017, and with online shopping habits ever-increasing, the earnings from social media are only set to rise, especially on Valentine’s Day.
In 2020, UK consumers spent £855 million on the day of love [Statista], showcasing its lucrative potential – if you’re well-placed.
In terms of other forms of promotion, PPC (Pay Per Click) ads are a good avenue to go down for most businesses, and when used in conjunction with social media promotion, the added exposure will bode extremely well for your brand awareness, lead generation and/or revenue.
Even if you’re not selling romantic gifts like chocolates and flowers, you can still take advantage of the increased number of online shoppers on this particular day of the year simply by making sure you have adequate promotion in place.