The Nuts and Bolts of a Profitable Instagram Marketing Strategy
There are more than 25 million business profiles on Instagram as per https://blog.hootsuite.com and all of them are vying for the attention of users. Therefore, getting noticed on the world’s fastest-growing social media can be a problem for most marketers. While the presence of one billion-plus Instagram users is too attractive for businesses to miss out on, the absence of an effective Instagram marketing strategy usually results in wastage of precious time, effort, and money not to speak of valuable opportunities of acquiring a customer base. Some tips on crafting a profitable Instagram marketing strategy.
Determine Your Target Audience
Unless you know your target audience, you will not know how to talk to them and engage their attention. It is vital that you study the demographics of your audience before you start creating content for them because the factors like age, gender, interests, location, etc. have a big effect on what they like. It is also important to know what other brands they are interested in and what hashtags they follow so that you can customize your content accordingly.
Determine Your Marketing Objectives
It may sound very basic but it is very important to decide what your Instagram marketing objective is because otherwise, you will not be able to find out if your campaign has been successful or not. List down the different objectives of your marketing campaign; these could range from increasing the number of real Instagram followers, boosting brand awareness, driving conversions, and more. Decide which metrics are appropriate for monitoring so that your marketing campaign can stay on track.
Analyze the Content Published by Competitors
For your marketing strategy to be successful, not only must you know your audience but also your competition. Find out who your biggest competitors are and see how they are trying to engage their audiences with content and tactics. In addition to establishing what content is most popular by analyzing the likes, comments, and shares, you should also investigate the form of the content, the hashtags being used, and the CTAs. If they are doing something well, you need to think doubly hard how to do it better.
Make a Content Strategy
Content is undoubtedly the most important element of your Instagram marketing strategy as it is only with the right content will you be able to build your brand, increase awareness, and achieve your business objectives. You need to be able to make the right choice of content from photos, videos, stories, user-generated content, influencer marketing, contests, polls, and more. Creating a content calendar is equally important because content posting cannot be arbitrary. You also need to post at the times when your target audience is the most active for increasing the opportunity to see. A content calendar will also let you know if there is a shortage of content or if there are extended periods when no content is posted.
There is nothing that is ever constant about an Instagram marketing strategy. You need to be able to track the performance of your campaign and keep on tweaking it so that you can optimize the user engagement and boost conversions. Instagram Insights or a host of other third-party analytics tools can help you track the performance metrics efficiently.