The social media that drove your business and defined your target through start-up, may not be the social media that fosters equally amazing future growth.
That’s a reality to consider before you assume it’s full steam ahead with the social media platform you built the business around. Or before something happens to the platform—it’s snapped up by a giant, algorithms are changed, or your defined target market is swept on to the next new thing.
You may be comfortable moving forward along the same social media path that has gotten you this far, but prolonged status quo rarely works in any aspect of business. For instance, the skills and knowledge that enabled you to grow your businesses through start up, are not the abilities and capabilities that facilitate mature business growth.
The choice of which social media to build services and products around should probably not have been yours in the first place. Ideally, you began by identifying the target or preferred client group or groups that would would place the highest value on what you offer, whether it is a product, software, skill training, or any other B2B or B2C product or service. Target social media preferences and usage patterns dictated yours and defined your social media.
(If you were first drawn to a new or emerging platform and then to key groups using it, you’ll still find, over time, user tastes and needs shift and changes to the platform may not favor your business.)
Which of the two classic client service patterns represents your high priority target clients?
1. “Temporary” Clients/Niche Specific:
Your product or service is valued at a specific stage, for an identifiable niche, or for short-term use. Your business is designed to continually cultivate new “waves” of clients at that same high-usage stage. Acquiring new clients is high priority. For instance, clients may only need your products or services during start-up mode for businesses or during university years for individuals. These clients remain loyal during this time and then their need or interest in the product or service ends and they move on.
2. “Permanent” Clients/Across Niches:
Your product or service is valued over the clients’ lifetimes or for long-term use. Your business is designed to “permanently” retain and maintain existing clients over years or decades, if not forever. Retaining existing clients is high priority. For instance, your business takes clients through a lifetime or all the growth stages of a business. Clients remain loyal “forever.”
The social media used by “temporary” client types may be different from that which attracts “permanent” client types. At least, how they use and engage will differ even within the same platform. The difference may also lie in which combinations of social media and technology targets use.
Would your prime target client group be considered “temporary” or “permanent?”
How does their social media usage reflect this pattern?
What’s next for your clients?