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Social Media Management: Strategies, Best Practices, and the Role of In-House vs. Outsourced Approaches

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What is social media management?


Social media management is the strategic process of overseeing every aspect of your brand's social media presence to grow awareness and connect effectively with your target audience. It encompasses various activities aimed at engaging users, promoting brand values, and fostering community interaction. 


Typically, social media managers are the individuals responsible for these tasks, which may include:


- Developing a social media strategy

- Creating and posting social content

- Responding to comments and messages from followers and other users

- Monitoring social channels for brand mentions and relevant conversations

- Identifying and collaborating with influencers

- Setting up and managing paid social media advertising campaigns

- Tracking key performance metrics and creating reports

- Continuously optimizing tactics based on performance data


Depending on the size and needs of a business, social media management can be handled by a dedicated in-house manager or team, or it can be outsourced to freelancers or specialized social media marketing agencies.


In-house vs. outsourced social media management


When deciding between in-house and outsourced social media management, consider your company's specific needs and resources.


In-House management


- Pros: 

  - Complete control over content and strategy

  - Faster implementation of changes

  - Alignment with brand voice and values


- Cons: 

  - Development of expertise may take time

  - Hiring and tools can be costly


In-house management might be suitable for small businesses seeking to grow their presence without substantial upfront investments.


Outsourced management


- Pros: 

  - Immediate access to skilled professionals

  - Frees up internal resources for other priorities


- Cons: 

  - Reduced control over the brand's social presence

  - Potential delays in communication and execution

  - Costs can escalate depending on service needs


Outsourcing may benefit larger companies or those lacking internal resources, but it requires careful vetting of agencies or freelancers to ensure alignment with brand objectives.


Quantifiable benefits of social media management


1. Boosting Lead Generation

Social media serves as a powerful lead-generation tool. Effective management involves:


Optimizing social media accounts: Consistent branding and messaging across platforms enhance recognition.

Creating lead magnets: Offering valuable resources (e.g., templates, trial offers) encourages user engagement.

Partnering with influencers: Collaborating with influential figures extends reach and credibility.

Initiating referral campaigns: Encouraging existing customers to refer new leads boosts awareness.


Successful lead-generation initiatives rely on good social media management practices.


2. Raising brand awareness

Brand awareness campaigns involve cross-departmental collaboration, with social media management at the core. Strategies like influencer partnerships, engaging content creation, and account optimization work together to enhance visibility and recognition.


3. Increasing social media presence

Regular posting enhances visibility in user feeds. An organized approach to social media management ensures consistent engagement, resulting in increased shares and interactions.


4. Saving time

Utilizing the best social media management software allows businesses to automate content posting, freeing up valuable time for other critical activities. Tools streamline management processes for increased efficiency.


The seven pillars of social media management


For effective social media management, it’s essential to establish a comprehensive framework. The following seven pillars serve as a guide:


1. Social media strategy

A robust social media strategy outlines the steps required to achieve marketing targets. This includes defining target platforms, tactics, team roles, and metrics for success. A well-crafted strategy ensures alignment with business objectives, whether for increasing traffic, boosting brand awareness, or enhancing customer retention.


2. Social media audit

Conducting regular social media audits allows companies to assess their performance and make necessary adjustments. Key metrics to review include follower growth, engagement rates, reach, and audience demographics. This “health check” helps ensure that brands are connecting with the right audience through the right content.


3. Social media channels

Selecting the appropriate social media platforms is crucial, as different channels cater to distinct audiences. Brands should consider factors such as target demographics, competitor activity, budget constraints, and content types when choosing platforms.


Key Platforms to Consider:


Facebook: Best suited to B2C and some B2B, very visual and allow for advertisement.

Twitter: Most suitable for creating awareness and real-time discussion, particularly in the B2B and B2C settings.

LinkedIn: The no.1 B2B marketing platform, specially designed for concentrating on professionals and key decision makers.

YouTube: Generic solution that can be used both for B2B and B2C video material, which is suitable for product presentation and instruction.

Instagram: Ideal for B2C, companies can share appealing content in the form of images and video to customers.

TikTok: Fast growing and identifying as both B2B & B2C while being characterized as having the natural ability to become viral in its spreads of content.

Google Business Profile: Criticizable however indispensable for local business visibility and to provide an opportunity for customer interactions and reviews.


4. Social media content creation

Creating engaging content is critical to social media management. This includes:


Original content: Custom-created visuals and copy that reflect the brand's identity.

Curated content: Sharing relevant existing content that resonates with the audience, fostering community engagement.


Establishing a balance between original and curated content is essential for maintaining a vibrant social media presence.


5. Social media calendar

A social media calendar helps marketers plan and organize content effectively. It improves workflow by ensuring consistency, tracking deadlines, and identifying performance gaps. Essential elements include hashtags, post copy, visuals, and designated platforms.


6. Social media campaigns

Social media campaigns are strategic promotional activities strategically directed towards achieving particular business goals on social media platforms. Successful campaigns leverage various platforms and creative strategies, including:


Social media Ads: Website and social media ads that resonate with different funnel stages of the buying process.

Collaborations and partnerships: Special running collaborations that collectively open up brands from either side of the coming together.

Influencer marketing: Engaging opinion leaders to boost the campaigners’ campaigns’ visibility.


7. Social media performance

The performance measurement is crucial to review strategies. Evaluation is conducted based on measurable key performance indicators so that improvement is always pursued.

8. Social media AI tools

Social media AI tools are increasingly essential in streamlining tasks like content creation, audience analysis, and performance tracking. These advanced technologies can automate scheduling, provide insights into user engagement, and optimize ad targeting. By leveraging social media AI tools, brands can enhance their social media strategies, improve efficiency, and drive better results.

Conclusion

The management of social media remains a crucial factor in today’s marketing plan. Through the implementation of such a method, incorporating strategic planning, audits, as well as the production of efficient content, brands will be able to capitalize on social media in the hope of reaching their audiences as well as improving brand reputation and therefore, business success. 


Realizing that effective management of social media whether done internally or externally may yield benefits that can be measured and sustained, can go a long way in improving businesses.

author

Chris Bates