Feb

Social selling. Difference between Facebook and Twitter

                                                         

There are obviously some key differences between Facebook and Twitter that make them appealing to different people as well as businesses. If possible, businesses should try to leverage both networks in their marketing and sales efforts.

But marketing approaches for each network differ.  Consequently social selling approaches differ as well. Here are some major differences of the two networks that impact sales strategy:

- Twitter lets all the accounts commingle, Facebook makes a definite distinction between business and personal. This can be an issue because a business page cannot proactively connect with individuals with personal profiles. Individuals have to first like a business page and still the business can’t reach out to them directly unless they message first. This is not the case with Twitter, as anyone can follow pretty much anyone.

- Facebook preferred way to market products and promote online sales can be compared to a showroom. The prospects can see the product and purchase it through some other channel, however engagement (with prospects) is limited to friends and followers. Hence growing the number of friends and followers becomes a critical task on Facebook.  Twitter does not offer promotional capabilities but engagement activity is not limited to followers. The engagement on Twitter is therefore more straightforward and can lead to direct sales.

- Facebook user data is typically open to friends or followers. Twitter data is typically open to the entire world.

- Twitter is fast (minutes). Facebook is slower (hours and days).

- Twitter is more about building a brand identity. Facebook is more about business relationships.

To summarize, a direct timely engagement could be a good strategy on Twitter. In a typical scenario a user tweets that she needs a taxi or asks where to dine tonight. A taxi company or a relevant restaurant engages in a conversation and secures a customer. It is an efficient approach with immediate ROI.

On Facebook a good strategy is to grow and educate a community of followers. Facebook is excellent for promotional campaigns. This is a longer-term strategy with effects not visible until after several months.

 

Interested in reading more? Check out our other blogs:

NMODES at Collision 2019



While Toronto is charged with hosting the Collision - "North America's fastest-growing tech conference" this year, nmodes is excited to make its first appearance among designated start-ups who have been selected to demo their products to conference visitors, potential investors, tech-enthusiasts and business executives.

nmodes, a year and a half in the market, offers a conversational product that uses AI to provide its customers with a scalable solution to execute 24/7/365 marketing acquisition and customer experience programs. While nmodes has already garnered its global presence with 40+ clients, North American market continues to be most enterprising for AI Chatbots and Voicebots.   Collision Tech Event offers an exciting opportunity for nmodes team to take its networking game a notch higher and pitch it to businesses looking to catch-up with the AI space and be early adopters of hottest AI products available in the market.

How nmodes is different than other chatbots?

AI space is nothing new to the tech world as chatbots, virtual assistants and voice bots are finding their commercial contribution toward improving the customer experience of brands. nmodes continues to work closely with the businesses focusing on helping brands drive double digit growth in lead conversions and engagement rates.

Three key market differentiators for nmodes:

  1. 1. Interlacing marketing and customer experience

nmodes chatbots are custom built for the brands.  nmodes solutions support full customer lifecycle from lead generation to marketing campaigns to scheduling demos, to gathering feedback and understanding engagement patterns of existing customers.

  1. 2. Lifetime AI training

nmodes solutions promise to work with progressive AI capabilities that are built to recognize old and new communication patterns and form a sensible response template that is malleable and fulfills the intent of desired conversation for the customers.

Nmodes solutions work on three principles while conversing with the customers.

A) Keep business context

nmodes solutions remember the customer’s history and their presence in the sales cycle and hence conversations are based upon the context of customer for the brand.

B) Data personalization

personalization of conversations focuses on collecting different data points from all internal and external data sources, helping brands deliver tailored and one-on-one predictive interactions.

C) Easy to use analytics

nmodes advanced dashboards uncover detailed analytics and insights on customer conversion rates, engagement rates and listen upon most common conversations to help brands better align their marketing communications and customer experience strategies.




READ MORE

Social selling for businesses

Social selling is one of the hottest buzzwords in the technology market. The popularity of social networks made the customer interaction and buyers hunting easier than before. More and more consumers are using social media to find deals, research products and make recommendations.

From the seller’s perspective the efficient use of social media is based on the mastery of following two major steps:

1. Finding the relevant audience,

2. Engaging with that audience.

The first step should be automated. This is exactly where the promise of Big Data, or Smart Data, as they now begin to call it, is supposed to come into fruition. Finding relevant information in the ocean of social data is the poster example of how Smart data can help businesses in the new world defined by computerized systems and networks. The companies should be able to use programs and solutions that accurately and efficiently deliver relevant data. If the company is spending time to sift through the ever increasing informational stream without automating the process, it is wasting precious time thus compromising its business growth and eventually losing competitive edge.

 The second step however is inherently manual. it is not a good idea to automate the engagement process. Social networks are designed to build trust, and trust cannot be won automatically. So it requires time and effort and knowledge. It also requires patience - trust cannot be built in minutes.

It is important that businesses looking to add social media into their arsenal of revenue channels, and we believe that all businesses should do just that, grasp this two-steps process. A clear understanding of the nature and requirements for each of the steps helps to plan strategically, manage the resources properly and avoid costly mistakes.

 

                               

READ MORE