With word-of-mouth (WOM) driving billions of dollars in sales every year, it's important for companies to focus on word-of-mouth marketing.
Why Niche Social Networks Matter for Building Loyal Fans
Every day businesses take up the challenge of social marketing, but many forget a crucial component for success: identifying the correct channels to invest.
Every day more and more businesses take up the challenge of social media marketing, but many forget a crucial component for success: identifying the correct channels in which to invest.
Sure, Facebook, Twitter, LinkedIn, and PInterest are extremely valuable when building powerful brand ambassadors via personal connections. But with 1 billion users sharing millions of links daily, it can be difficult to cut through the clutter and identify what really makes your customers, partners, affiliates, and fans tick.
To fill the exclusivity gap that major social networks often lack, niche-specific networks have cropped up and are becoming an increasingly important part of an effective social media strategy.
Think of niche social networks as the icing on top of the cake—also known as your existing social media strategy. They’re not a necessary component, but they provide delicious marketing value to complement larger referral marketing program goals—mainly interacting with highly targeted groups of potential influencers.
Niche networks make it easy for brands to engage directly with their target audiences. By investing resources into these networks, brands can test marketing efforts by (1) targeting users who fit the ideal customer profile; (2) working to deepen relationships with current customers; (3) providing insights into more comprehensive strategies that may prove successful on the major social networks; and (4) researching the language, attitudes, and wants of prospects to learn if they're likely to engage with a brand.
As we all know, the first stage of any referral marketing program should be targeting and segmenting consumers to accurately showcase value. By initiating low-cost test campaigns on smaller sites, your brand can learn what types of content your customer base will be sharing (photos, videos, written blogs, etc.), how, when, and where they’re sharing it, and how likely they are to engage with other marketing efforts.
Take the up-and-coming social network GoodReads, for example. GoodReads allows members to connect with fellow readers and share reviews and suggestions on what’s hot in the literary world. The network keeps things intimate and cuts out all of the exhausting chatter that can fill up Facebook newsfeeds.
In essence, GoodReads is like a small, social book club with close friends and new acquaintances. Facebook, meanwhile, is a literary convention packed with industry leaders and influencers. While it’s an extremely effective way to build powerful brand ambassadors via a massive network of influencers, it lacks the more personalized vibe of a smaller social gathering.
But keep in mind that the concept of a niche network isn’t limited to an entirely distinct website; it’s applicable to larger networks as well. For instance, Pinterest’s pinboards apply similar concepts (giving people a space in which to curate and share interest-specific content), thereby allowing brands to focus their marketing efforts toward users who are the most likely to share about their products and ultimately expand the reach of these businesses.
For the B2B marketer, Q&A sites such as Quora provide a space to develop thought leadership by answering questions and concerns from potential customers. Quora also utilizes a “pinboard” type feature, creating smaller, personalized message boards for answering industry-specific questions.
Are you ready to take your marketing efforts to niche communities? Here’s a great list of networks to get you going.