The full form of SMM is Social Media Marketing. As the name suggests, it refers to the use of social media platforms, often abbreviated SM, such as Instagram, Facebook, and TikTok to build a company’s brand, increase its sales, and drive considerable traffic. Moreover, it is a popular form of engaging with potential customers while reaching out to more people. Whether you are a budding entrepreneur or a well-established business owner, leveraging social media can work wonders for your company’s success.
Also Read: What is the Full Form of SERP in Digital Marketing?
The advantages of social media marketing include:
- Increase brand awareness
- Fast content distribution
- Interaction with the target audience
- Competitor analysis
- Boost in website traffic
- Better engagement
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SMM Engagement Metrics
Here are a few essential engagement metrics:
- Average engagement rate- Allows users to monitor the way their users interact with campaigns.
- Amplification rate- Shows how your followers share your content with other users.
- Virality rate- It helps understand what type of content works better for you.
Here is the formula to calculate any of your metrics:
Metrics | Formula |
Average engagement rate | (Likes+Comments+Shares) / Followers x 100 |
Amplification rate | Shares / Followers x 100 |
Virality rate | Shares / Impressions x 100 |
SMM Action Plan
If you want your social media strategy to be effective and drive the desired results, you need to plan it accordingly. Here are some general guidelines to help you build a framework for the same:
- First, decide your goals and align your SMM to achieve those business objectives.
- Next, analyze and identify your target audience. This includes knowing intricate details such as interests, industry, age, etc.
- Move ahead with conducting a competitive analysis of your competitors to understand them better.
- Now, carefully draft an SMM calendar for consistent and planned content delivery.
- Start creating your content along with tracking performance to make necessary adjustments.
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