How To Use Social Media To Grow Your Small Business in the UK 2024

Last updated: 11/02/2024 Written by: Ruby Layram

Did you know that there are over 4.2 billion active social media users worldwide? That's a staggering number, and it highlights the immense potential for small businesses to grow and succeed by harnessing the power of social media. In today's digital age, social media has become an indispensable tool for businesses to reach a larger audience, generate leads, and build a strong brand presence.

Whether you're just starting a small business or looking for a way to grow a business that has already been established, using social media to promote your business can have a significant impact on your success.

In this article, we will explore how to use social media to grow your small business in 2024.

Key Takeaways:

  • Social media has over 4.2 billion active users worldwide, making it a fertile ground for small businesses to grow.

  • Using social media can help small businesses reach a larger target audience, generate leads, and build a strong brand presence.

  • Effective social media strategies can provide a frictionless shopping experience, gather valuable data, and improve customer engagement.

  • Popular social media platforms for small business marketing include Instagram, Facebook, TikTok, Pinterest, Twitter, and Snapchat.

  • In 2024, social commerce trends to watch out for include social search optimization, the rise of the creator economy, artificial intelligence, and video ads.

The Benefits of Social Media Marketing for Small Businesses

Social media marketing offers numerous benefits for small businesses. It allows them to reach a larger target audience, with 78% of consumers being willing to purchase from a business after a positive encounter on social media.

Social media provides a frictionless shopping experience, allowing customers to complete their purchases without leaving the platform. It also enables businesses to gather valuable data on their audience through analytics and metrics provided by social media platforms.

Social media marketing fosters improved customer engagement, as businesses can interact with their audience through comments, messages, and mentions, creating a more interactive and personalized shopping experience.

Additionally, social media serves as a cost-effective tool for advertisement, allowing businesses to target specific demographics and maximize their investment.

Also read: How to promote your side hustle

Most Popular Social Media Platforms for Small Business Marketing

When it comes to small business marketing on social media, certain platforms stand out as the most popular choices. These platforms provide unique features and opportunities for businesses to connect with their target audience, showcase products or services, and drive sales.

Instagram

Instagram is a leading platform for social commerce, with 92% of online retailers utilizing it as part of their social media strategy. With its visual focus and highly engaged user base, businesses can create aesthetically pleasing content, leverage popular hashtags, and utilize features like Instagram Shopping to drive sales.

Facebook

As the most popular social media network, Facebook offers a range of tools for small businesses. With 66% of the UK population using Facebook, it provides a vast audience for businesses to target. Facebook Shops, Facebook Marketplace, and Facebook Pay enable businesses to sell products directly on the platform, making it a versatile choice for social commerce.

TikTok

TikTok, known for its short videos, has rapidly become a platform for social commerce. With around 35 million users in the UK, businesses can engage with a young and highly active user base. TikTok's algorithm-driven content discovery and influencers' popularity provide opportunities for businesses to showcase products creatively and engage with potential customers.

Pinterest

With 70% of its users actively buying products, Pinterest is an excellent platform for social commerce. Its visual discovery experience and features like Shop the Look and Pinterest Lens allow businesses to inspire and sell products to users who actively seek inspiration and make purchase decisions based on visual content.

Twitter

While best known for its text-based content, Twitter offers options for businesses to monetize their presence. Twitter is experimenting with social commerce features and provides professional profiles and super follows, enabling businesses to showcase products, promote brand awareness, and engage with their audience.

Snapchat

While not traditionally known for social commerce, Snapchat offers opportunities for businesses to build brand awareness. Through branded filters and shoppable ads, businesses can create engaging experiences and reach a young and highly active user base.

social media marketing for small businesses

What is Social Commerce?

Social commerce refers to the use of social media platforms for marketing and selling products. It allows customers to complete their purchases without leaving the social media app, providing a convenient and interactive shopping experience.

Social commerce is a subset of e-commerce, where every stage of the customer journey, from product discovery to purchase, takes place exclusively on a social media platform.

Unlike social selling, which focuses on using social media to create awareness and engage customers, social commerce involves the actual sale of goods and services. With platforms like Instagram, Facebook, TikTok, and Pinterest offering features and tools, businesses can easily set up social commerce and reach a broader audience.

By harnessing the power of social media, businesses can connect with customers, showcase their products, and facilitate seamless transactions. The integration of shopping features into these platforms has revolutionized the way consumers interact and shop, blurring the lines between entertainment and commerce.

Social commerce allows businesses to tap into the vast user base of social media platforms, leveraging their popularity and engaging with customers in a more personalized and convenient manner.

With social media becoming an integral part of consumers' lives, social commerce provides a unique opportunity for businesses to enhance their online presence, drive sales, and foster customer loyalty. It allows for direct customer interaction, instant feedback, and the ability to create a seamless shopping experience.

For businesses looking to grow and succeed in the digital landscape, social commerce is a powerful tool that combines the reach and influence of social media with the convenience and immediacy of e-commerce.

Social Commerce Trends to Watch Out for in 2024

In 2024, several trends are expected to shape the landscape of social commerce. One of these trends is the focus on social search optimization (SSO), similar to search engine optimization (SEO). As more people use social media as their primary search engine, optimizing content for social media platforms becomes crucial.

The rise of the creator economy will also impact social commerce, with more brands partnering with content creators through affiliate programs and influencer collaborations. This trend recognizes the power of influencers in driving product discovery and sales, as they have a highly engaged audience that trusts their recommendations and opinions. Businesses will leverage these partnerships to tap into new markets and amplify their brand reach.

Another significant trend that will shape the future of social commerce is the integration of Artificial Intelligence (AI). AI technologies will play a crucial role in understanding shoppers' preferences and behaviors, enabling businesses to deliver highly personalized shopping experiences. From chatbots providing instant customer support to AI-driven product recommendations, businesses will harness AI to enhance customer engagement and maximize conversions.

Video ads will continue to gain prominence in social commerce as brands recognize the power of short videos in engaging and converting customers. Platforms like Instagram and TikTok have already proven the effectiveness of video content in capturing users' attention and driving sales. Brands will increasingly invest in creating captivating video ads that tell compelling stories and showcase their products in an immersive way.

Also read: What is a UGC creator?

social commerce for small businesses

Benefits of Social Commerce for Small Businesses

Social commerce offers numerous advantages for small businesses, making it an essential strategy to consider. By leveraging social media platforms, businesses can tap into a vast and engaged audience, maximizing their reach and visibility. Here are some key benefits of social commerce:

  1. Expanded Target Audience: Social media users spend a significant amount of time on these platforms, presenting small businesses with a unique opportunity to connect with a larger and more diverse target audience.

  2. Frictionless Shopping Experience: Completing purchases within the social media app provides a convenient and seamless shopping experience for customers. This eliminates the need for them to navigate to separate websites or apps, reducing friction and increasing the likelihood of conversions.

  3. Data Gathering and Personalization: Social commerce enables businesses to gather valuable data on their audience, including preferences, demographics, and buying behavior. This data can be utilized to personalize the shopping experience, optimize marketing strategies, and create targeted campaigns.

  4. Improved Customer Engagement: Social commerce allows businesses to interact directly with their audience through comments, messages, and mentions. This fosters stronger customer engagement, builds brand loyalty, and enhances the overall customer experience.

  5. Cost-Effective Advertising: Social media platforms offer powerful and cost-effective advertising methods, allowing businesses to target specific demographics and maximize their return on investment. This makes social commerce an affordable option for small businesses with limited marketing budgets.

Overall, social commerce presents small businesses with the opportunity to expand their customer base, offer a seamless shopping experience, personalize marketing efforts, engage with customers, and increase their advertising effectiveness, all of which are critical for long-term success.

Tips for Small Businesses Starting Social Commerce

Your social media strategy is only as effective as the methods that you use. Here are some top tips for a successful social commerce strategy in 2024.

1. Choose the Right Platform

Select the social media platform that aligns best with your target audience and industry. Understanding where your audience is most active will help you focus your efforts effectively, increasing your chances of success.

2. Streamlined Order Fulfillment and Delivery

Having a well-organized order fulfillment and delivery process in place is crucial for providing smooth transactions and ensuring customer satisfaction. Make sure you have systems and partners in place to handle the logistics efficiently.

3. Create Compelling Content and Utilize Influencers

To effectively advertise your products on social media, develop engaging and visually appealing content that showcases your brand and products. Collaborating with influencers in your industry can also help amplify your reach and drive more traffic to your social commerce channels.

4. Target Specific Demographics

Utilize the targeting capabilities of social media platforms to reach specific demographics relevant to your business. By tailoring your advertisements to the right audience, you can improve the effectiveness of your marketing efforts and generate higher conversion rates.

5. Build Brand Awareness and Engagement

Building brand awareness is pivotal for establishing a strong presence in the social commerce landscape. Engage with your audience through meaningful interactions, respond to their comments and messages, and create a positive customer experience that encourages loyalty and repeat purchases.

6. Monitor Analytics and Performance Metrics

To continually improve your social commerce strategy, regularly monitor analytics and performance metrics. Gain insights into the effectiveness of your campaigns, identify areas for improvement, and make necessary adjustments to drive better results.

By following these tips, you can increase the effectiveness of your social media marketing and drive more traffic to your small business.

Final Thoughts

Social media offers immense potential for small businesses to grow and expand their online presence. By utilizing social media marketing strategies, businesses can reach a wider audience, provide a seamless shopping experience, gather valuable data, and engage with customers like never before.

Social commerce platforms such as Instagram, Facebook, TikTok, and Pinterest provide the necessary tools and features for businesses to sell products directly within the platform. These platforms enable small businesses to showcase their products, connect with customers, and drive sales in a convenient and interactive manner.

To succeed in social commerce, businesses should follow best practices and stay updated with emerging trends. Consistently analyzing performance metrics and adapting strategies accordingly is crucial. By leveraging the power of social media, small businesses can thrive, achieve their growth goals, and establish a strong online presence in 2024 and beyond.

FAQs

  • Social media can help a business to grow my reaching more potential followers and building trust with your audience. Social media allows you to connect with customers on a personal level which is a good way to increase conversions.

  • You can use social media as a business strategy by formulating a plan to build a following, connect with your audience and sell products.

  • Despite unpopular belief, Facebook is considered to be one of the best social media platforms to grow your business in 2024. This is because Facebook provides excellent tools for business owners.

All of our articles are written to help our readers to learn about different side hustles, how they work and how to start earning money from them. Although we mention potential earnings, it is important to understand that there is no guarantee that you will make money from any of the side hustles that are mentioned on our site. Making money from a side hustle requires consistency and significant effort. While we aim to provide useful insight into each side hustle opportunity, it is down to you to follow the right steps towards making any profits.

About The Author

Ruby is the founder of The Rich Girl Guide and has been writing content around personal finance, side hustles and wellbeing for over 3 years. You can find some of Ruby’s published articles on The Motley Fool UK, Tradingplatforms.com and Buyshares.co.uk.