Understanding Social Media Marketing: The Key to Success in the Modern World

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Most of us live two lives: one where we wake up and go about our days; we see friends and family, we celebrate, we mourn, we dance, and we take naps. The other one is our digital life: our profiles, our most used apps, our internet friends we maybe don’t even know the face of. And both of them are real, even though we love to make a distinction between a “real” life and a “digital” one. 

Just like in our commutes, strolls, and whereabouts on the streets, the internet life is one where we are constantly exposed to marketing materials and campaigns—some are more in-your-face than others. Believe it or not, we can testify that a lot of work goes into the latter. 

The core concept here is that marketers need to find their audiences and potential customers wherever possible. And since people in the US spend an average of 2.15 hours per day on social media, it’s a no-brainer that they would try to meet them there, where it’s so much easier to track people’s activities and target the specific groups they want to impact.

Influencer with an apron getting filmed by a camera for social media marketing

Historical overview of social media marketing

Let’s take a trip down memory lane first. Today’s sophisticated strategies result from years of work and adaptation to changing user preferences and behaviors. We didn’t just wake up one day with a smartphone in our hand. Even if, for some, it might seem like everything happened in the blink of an eye, it took some time for us to get to this point.

The evolution of social media platforms

The dawn of social media can be traced back to the late 90s with SixDegrees.com and later platforms like MySpace and LinkedIn. However, it was the birth of Facebook in 2004, and then Twitter in 2006, that started the social media marketing revolution. These platforms emerged as a fresh landscape—a new and exciting virtual frontier accessible around the globe.

Fast forward to 2021, when platforms like Instagram, Snapchat, and TikTok are at the top of the list, each with unique features that appeal to different demographics. The explosion of these platforms represents the shift from text-based content to visually rich content, such as photos, stories, and videos. This, in turn, floods users’ feeds with more content, allowing for more marketing opportunities. 

For instance, with Instagram focusing heavily on visual content and stories, brands are understanding social media marketing more and more and are tailoring their marketing strategies to be more visually alluring. Every marketer should strive for fresher, newer, and more original ways to showcase a brand’s identity online.

Major changes in how brands communicate

The evolution of social media is synonymous with a profound metamorphosis in brand-to-customer communication. Back in the day, brands primarily communicated with customers via one-sided ads with no interaction. Social media was a revolution, transforming this monologue into a dialogue, enabling two-way communication between companies and their customers.

What is social media marketing, if not the practice of capitalizing on these digital platforms to engage with your audience, build your brand, boost sales, and increase website traffic? The evolution of these platforms means strategies are more dynamic than ever. Brands now have a whole new arsenal to interact directly with their audiences, respond to their concerns, and get instant feedback. Customers can engage with posts, share content, and even become promoters—that’s the dream. In essence, social media has torn down the corporate monoliths, bringing brands and consumers closer than ever.

Today’s successful brands have acknowledged these advancements and evolved their strategies accordingly. They have maximized the vast powers of social media not just to advertise but also to listen, engage, and build a community around their brand. This major change spotlights the importance of understanding social media marketing, as it’s not just about selling products but building relationships, fostering trust, and ultimately creating brand advocates.

Understanding modern social media marketing

Let’s put it this way: It’s a cocktail of creativity, data analytics, and strategic content designed to interact with users on platforms they frequent, engage, and, ultimately, convert them into loyal customers. The end goal is to get people a little high on the full experience of the brand.

The rise of diverse social media platforms

Every platform has its unique user interface, demographics, and customs. LinkedIn, for example, is the place for professionals looking for networking opportunities and industry insights. On the other hand, Snapchat is a hit among Millennials and Gen Z, who love the platform’s ephemeral and creative nature. Knowing this allows us to tailor our tactics to target our audience effectively.

For example, a beauty brand looking to enter the market with a bang will prefer to focus its efforts on visual platforms like Instagram or TikTok, encouraging users to put content out featuring their products and looking to differentiate themselves by standing out with their packaging, vibes, color choices, and overall look and feel. What conveys beauty better than the image of beauty?

On the other hand, tech companies might rather choose X, formerly known as Twitter, or LinkedIn to spark a conversation around their brand, as these platforms are where tech enthusiasts and other companies really display their personas and develop their communication strategies. Video content—though not totally discarded—might not be the easiest way to have these kinds of conversations, especially in fields where people may want to make a direct, attention-grabbing statement or create a lengthy post about complicated, nuanced topics. 

These social media marketing strategies examples underline the importance of catering to the distinctive features of the different platforms.

The power of visual and video content

It’s no secret that a compelling image or an eye-catching video will likely garner more interaction than a text block. Instagram Stories, Facebook Live, and TikTok are all examples of how platforms are adapting to—and pushing—this trend, and marketers need to take note.

Media conglomerates have mastered this art, using YouTube to air teasers for upcoming TV shows, films, or series. On IG Stories, they offer sneak peeks and behind-the-scenes footage, increasing excitement and anticipation among fans. Today’s audience thrives on visual storytelling; they want to be part of this story, so we better put on a show!

One of the best social media marketing examples is retail. Who hasn’t watched one—or countless—videos featuring “the best Amazon finds?” and even bought one just to find out whether it worked or not? Marketplaces around the world are now including short-form features in their UX, acknowledging the general audience’s craving for seeing products in action—and, hopefully, in a way that’s aesthetic.

The role of influencer marketing

In this new world, influencers have carved out an unprecedented niche for themselves. They hold sway over their followers’ opinions and behaviors, making them valuable for brands looking to increase their reach, credibility, and sales.

Influencer collabs can range from product endorsements, reviews, and giveaways to creating their own product line. It’s important to choose influencers whose values align with your brand and who command genuine trust from their followers. The goal is to enhance your brand’s image and reach out to a wider audience—something we have been successfully doing by empowering brands to build authentic influencer relationships.

Nowadays, we’ve come to a place where these creator collaborations can be tracked, measured, and reshaped; even finding the right influencers and managing a considerable amount of them has become quite an easy task. As Madonna would say: “Don’t just stand there, get into it!”

Understanding social media marketing is about mastering the dance between adapting to constant changes on social platforms and maintaining the authenticity that connects with audiences. It’s not just selling; it’s storytelling, engaging, and converting, with your customers at the heart of it all.

The future of social media marketing

This is like forecasting the weather: one must rely on past patterns and available data to envisage future developments. Of course, things may come along that completely change the game; that’s what this is all about. But for now, let’s get into anticipated trends in social media marketing and how you can adapt to stay ahead.

Predicted trends and their implications

Many emergent trends are set to reshape the social media marketing landscape:

    1. Increased focus on stories and creator collabs: With the rising popularity of Instagram Stories, Facebook Stories, and Snapchat, marketers need to adapt their content strategies to create captivating short-form content that ignites interaction and engagement. Start little by little; no one becomes an expert overnight. The practice makes the master. And remember: you have people who have already mastered this game at your reach. Creators and influencers are eager to get your brand’s name out there!
    2. Augmented Reality (AR) and Virtual Reality (VR) experiences: Platforms like Snapchat already leverage AR technology, with Instagram exploring similar features. Brands should embrace these technologies to create highly immersive and interactive user experiences. Yes, the doggy filter years might have passed, but that doesn’t mean filters are out of the picture. They offer endless possibilities, and getting your brand’s filter to go viral could do unimaginable wonders. And even if VR doesn’t seem like a big thing right now…it will be soon.
    3. Rising importance of user privacy and security: With regulations like GDPR and increased consumer focus on privacy, marketers must balance personalization and privacy to build trust with their audience. Make sure you’re up to date with everything privacy and security—the last thing you want is for a consumer to get their card stolen when buying a product from you! Also, beware of copycats, and keep your audience informed about anyone trying to impersonate your brand for illicit purposes.
    4. AI and chatbots enhancing customer service: Brands are expected to incorporate AI and chatbots more heavily into their social media marketing strategies. This allows for personalized and instant customer support, strengthening brand-customer relationships. 

      Understanding these trends and their potential impact is essential for brands to effectively adapt their social media marketing strategies and stay relevant in an ever-evolving digital world.

Key takeaway: New strategies, new technologies, the same ol’ goal

This information can come across as scary, especially if you’ve been holding off on taking the digital plunge. If you’re afraid it’s too late to start, it’s not. New players are appearing in this arena constantly, and even if naivety seems like a hindrance, it may be the thing that gives you an edge. Trust your product, trust your brand, and trust yourself as a marketer—the goals remain the same. If anything, this new reality has given us several tools and places to exploit that could only mean good things for us. Start step-by-step and build your way up to digital marketing mastery. The possibilities are endless.

Are you ready to stake your claim in the creator economy? Discover more helpful tips and resources from the experts at GRIN: Creator Management Learning Center

Frequently Asked Questions

Social Media Marketing (SMM) is a digital marketing strategy focused on leveraging social media platforms to reach potential customers by engaging with them on the platforms they frequent. It involves creating tailored content that suits a platform’s specific characteristics and the habits of its users. It’s a two-way communication avenue that allows direct interaction between brands and customers. SMM strategies often utilize influencers, individuals who have a strong influence over their followers. The ultimate aim of SMM is not just to make a sale, but to create loyal customers by establishing a connection and building trust through authentic storytelling and engagement.

Start learning about social media marketing by doing the following:

  • Research and self-study: Start by reading online articles and blogs about social media marketing basics. This can be followed by reading books on the subject and following industry experts for the latest trends and tools.
  • Online courses: There are many courses online, both free and paid, on platforms like Coursera, Udemy, LinkedIn Learning, etc. Subjects can range from broad SMM overviews to platform-specific courses.
  • Webinars and workshops: Sign up for webinars and workshops that interest you. These will offer a deeper understanding of specific aspects of SMM and may even give you an opportunity to network with other attendees!
  • Networking: Join online communities or forums for social media marketers to learn from others’ experiences and ask questions. Sites like Reddit or professional groups on LinkedIn can be useful resources.
  • Podcasts and YouTube: Listen to podcasts or watch YouTube videos on the subject. They’re often hosted by industry experts and are an excellent source of practical insights.
  • Learn by doing: All theoretical knowledge needs to be supplemented by practical experience. Start by creating and managing your own social media profiles, or consider small part-time social media management gigs to gain some experience.
  • Keep up-to-date: The world of social media is constantly changing and evolving. It’s important to stay in the loop about any new features, strategies, and platform changes. Following social media platforms’ news pages or well-known industry blogs can help.

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Written by GRIN Contributor

GRIN is the pioneer behind the world’s first Creator Management platform built to support every brand’s journey to connecting with consumers through authentic creator relationships. Thousands of the world’s fastest-growing brands—including SKIMS, Warby Parker, Allbirds, Mejuri, and MVMT—use GRIN to make creators feel like trusted, empowered partners and work with them to build their brands into household names.

© Grin Technologies Inc. 2024. All rights reserved.

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