Identify the right social media platforms for your brand (2024)

Blog Post:

Identify the right social media platforms for your brand (1)

By Selin Varol,
Global Social Insights Lead, MetrixLab

In today’s dynamic cyberspace, establishing a successful social media presence for your brand, products and services is essential. Social media platforms are aplenty, and many share common features. However, each platform comes with its unique set of objectives, formats, and target audiences. That’s why it’s crucial to identify the most suitable platform for your brand.

That’s why I’ve put together a step-by-step framework that empowers marketers to navigate the exciting and ever-changing world of social media. Follow this comprehensive approach to identify the optimal platform to showcase your brand, effectively engage with your target audience, and ultimately maximize the impact of your social media marketing endeavors.

Step 0. Define marketing objectives

Before starting with the steps outlined in the framework, it’s a good idea to revisit the drawing board to define and document your marketing objectives. Marketing objectives can differ based on various factors like industry, product, service, brand positioning, target audience, and overall business goals. To help you get started, our Social Insights experts have compiled a list of objectives for you to consider:

Potential marketing objectives to identify the best social media platforms

Elevate sales Drive engagement

Create awareness Improve customer loyalty

Enter new markets Increase customer satisfaction

Expand market share Launch a new product or service

Generate leads Solidify brand positioning

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After identifying your objectives, the next step is to gain a comprehensive understanding of the capabilities offered by each social media platform out there.

Step 1. Evaluate platforms to match your objective

Understand and assess the available social media platforms, including their features, user behavior, strengths, and shortcomings, while identifying alternatives that address these weaknesses. To make it a little easier for you, we’ve broken down the top seven social media platforms:

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Instagram
A primarily visual platform focused on sharing photos and videos. Instagram is used for personal creative expression, sharing memories and special moments, and building an online identity. Mainly millennials are active on this platform.

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YouTube
A video-sharing platform that allows users to upload, watch, and interact with videos. These videos consist of educational, entertaining, informative content. All age groups are active on this platform.

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Facebook (aka Meta)
A versatile social networking platform driving personal connections, content sharing, and business engagement. Mainly millennials and Gen X are active on this platform.

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Pinterest
A visual discovery platform centered on sharing and organizing images and ideas. It is used for inspiration, planning, and exploring new trends. Female millennials and Gen X are mostly active on this platform.

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LinkedIn
A professional networking platform for career development, networking, and business-related activities. All age groups are active on this platform.

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Twitter (more recently, X)
A real-time update platform known for its rapid communication and concise format. It is used to stay up to date with trending topics. Male millennials and Gen X are mostly active on this platform.

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TikTok
A video-based platform that allows users to create and share creative and entertaining videos with a wide range of audio effects, filters, and editing tools. TikTok is known for its diverse community and its enablement of viral social trends and challenges across various content genres. Gen Z dominates this platform.

Once you understand the essence of each social media platform, the next step is recognizing whether it is suitable for your audience. This brings us to step 2.

Step 2. Connect with the right target audience

Cross-evaluate the demographics and preferences of your target audience. Identify the platforms on which your audience is most active and engaged, and ensure your brand communications resonate with them effectively. Make it a point to stay abreast with new features and additions to platforms, as these ultimately impact the user landscape. Keeping up with the ever-evolving social media landscape is easier said than done, so we encourage you to reach out to us for updates, changes, and new opportunities.

Due to the industry’s rapid progress, providing a snapshot of the current social media ecosystem would likely be outdated when you read this after publication. Nonetheless, we aim to offer components for your analysis.

Write down the details of your target audience in segments. You can consider age, gender, occupation, lifestyle, values, interests, and purchase habits. Based on these categories, you’ll be able to identify preferences and needs. You can then match the right social media platforms to the right consumer base and tailor your messaging with unique communication styles. This will come together strongly with platform suitability.

Step 3. Evaluate platform suitability

Once you have a clear understanding of your audience and platform options, evaluate the suitability of each platform in relation to your brand, product, and/or service. Consider factors such as platform functionality, content format compatibility, and strategic fit. We have created a worksheet for you to start strong and gain valuable insights into each platform’s distinctive characteristics.

Identify the right social media platforms for your brand (10)

Objectives

Most suitable for

Limitations

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Building relationships, conversations

Lead generation: food, FMCG, entertainment, and beauty

Images and video only

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Educational, how to / DIY, lifestyle

Brand awareness creation, lead generation

Resource intensive / high investment

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Building relationships

Building brand loyalty

Limited reach

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Document precious memories and mementos, channel your inner artist

Lead generation in the category: clothes, art, DIY, and food

Images and videos only, low reach (demographics)

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News, articles, and networking

Business development and brand awareness

Limited interactions

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News, articles, and conversations

Public relations and news sharing

280 characters and less

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Building relationships, conversations

Building brand loyalty and community

Videos only (limited conversations), very specific demographic

As demonstrated by the table, some platforms have overlapping features. It should also be noted that some platforms’ purposes can evolve over time as new trends emerge and new features are added. Having a strong brand identity is key to ensuring flexibility and an agile approach to your social media marketing strategy.

For instance, you can reduce wasted efforts on channels that are unlikely to reach your desired audience. Once you have identified the right platforms, you can decide on the types of posts, such as organic posts, paid ads, and/or influencer collaborations.

Your work doesn’t stop there. Experimentation and continuous analysis of performance are needed to optimize your strategy, leave lasting impact, and set yourself up for long-term success. We’ll leave you with five bonus tips to achieve this:

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1. Evaluate competition to identify your differentiating factor(s) and stay ahead of the curve.

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2. Use consistent language for a recognizable brand persona.

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3. Follow industry trends for a competitive advantage.

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4. Leverage analytics to determine and optimize the most effective content.

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5. Stay flexible and update your strategies to keep pace with your audience.

Need a hand with making the most out of social media? Reach out to one of our experts today.

Get in touch

MetrixLab operates a Social Insights Privacy Policy, which takes into account the privacy of people publishing content online.

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Identify the right social media platforms for your brand (2024)

FAQs

Which social media platform is best for brand building? ›

Instagram is the best social media platform to represent the visual aspect of your product or service or build brand awareness. Instagram has over 2 billion active users, and the average time spent on the platform is a solid 30 minutes daily.

Which social media platform is well suited for personal branding? ›

Ideally, you should use all the major Social Media (Facebook, Instagram, Pinterest, Twitter, and LinkedIn) to promote your brand.

How to choose the right social media channel? ›

  1. 1 Know your audience. The first step to choosing the right social media channels is to understand your audience. ...
  2. 2 Define your goals. The second step to choosing the right social media channels is to define your goals. ...
  3. 3 Choose your channels. ...
  4. 4 Optimize your profile. ...
  5. 5 Create a strategy. ...
  6. 6 Engage your audience.
Mar 9, 2023

What social media should a brand have? ›

Facebook — 3.05 billion MAUs

More than 200 million businesses (mostly small businesses) use Facebook tools, and more than seven million advertisers actively promote their business on Facebook, which makes it a pretty safe bet if you want to have a presence on social media.

What is the best platform to promote your brand? ›

The most popular business accounts are Facebook, Instagram, LinkedIn, and Twitter, but make sure to consider using other sites that might be specific to your niche, such as Pinterest or Reddit.

What brand uses social media the best? ›

  1. Nike. With millions of followers on all social platforms, Nike is obviously one of top brands on social media. ...
  2. GoPro. GoPro has attracted over 20 million followers on Instagram, 10 million on Facebook, 2.1 million followers on X and 3 million on TikTok with their visually appealing content. ...
  3. Zoom. ...
  4. Chipotle. ...
  5. Booking.com.

What social media is most used by businesses? ›

1. Facebook

It shouldn't come as a huge surprise that Facebook is number one on our list of the top 11 social media platforms for business. With 2.41 billion daily active users, Facebook is the most widely used social platform and it should be used by every business.

How do you determine social media is suitable for business? ›

6 Tips for Choosing the Right Social Media Platform for Your Business
  1. Start with your audience. ...
  2. Consider your company. ...
  3. Research your competitors and others in your industry. ...
  4. Align with your overall social media marketing goals. ...
  5. Understand the different platforms and their uses. ...
  6. Keep in mind your available resources.

How do I choose a social media handle for my business? ›

If you're considering creating a social media account for a company, explore some of the following steps:
  1. Consider using evergreen language. ...
  2. Ensure it's easy to read and remember. ...
  3. Keep it concise. ...
  4. Use only letters. ...
  5. Align your name with your brand. ...
  6. Check for availability. ...
  7. Consider making your handle the same across platforms.
Feb 3, 2023

What social media platform do small businesses use? ›

Facebook: The All-Inclusive Hub

Whether your business operates in the B2C or B2B space, Facebook offers a platform for building connections and fostering customer relationships. It's the best place to reach older millennials, but younger audiences trend towards other social media platforms.

Which social media is ideal for business to business purposes? ›

LinkedIn

In terms of professionalism, no social network can beat LinkedIn. It's a thriving community of workers and business owners who share and connect on a professional level, making it much more formal than other social media platforms. Because of that, its users tend to respond better to B2B content than B2C.

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