In the early 2000s, the main goal of social media was to connect people, but recently, these platforms have evolved into some of the most powerful digital marketing tools for brands. The social media advertising market in Asia is projected to grow by 4.20% between 2024-2028 to $113.3bn in 2028, and with 76% of social media users saying they’ve purchased something they saw on social media, it stands to reason that these platforms can significantly boost your bottom line. By successfully utilising popular social media platforms such as TikTok, Facebook, X (née Twitter) and Instagram, you can grow your audiences, build brand awareness, increase visibility, foster your community, instil brand loyalty and even use it as another revenue stream for promoting key products and services. Social media can also help you gain a competitive advantage by establishing your brand as an expert in the field. So, in a world where first impressions increasingly matter, taking the time to cultivate a strong social media presence is a game changer that has the potential to level the playing fields between smaller and bigger brands.
But how do you go about finding your ideal audience? John Edmonds Kozma, CEO of Bang Productions, explains that although it might seem like an arduous task at first, it’s all about collecting data, analysing the data and using your findings to create content that meets the needs of your buyer personas, not the industry as a whole. “Through my experiences in the entertainment business, I met multiple types of people, giving me different insights into their sensibilities and how they live their lives. When I understood the entertainment business model, I was able to reverse-engineer some processes within the industry and started using content, eliminating unconscious bias, which is the juggernaut of the universe.” He continues, “Many industries, have lost sight of who their paying customers are. Instead of prioritising their audience, they focus only on pleasing the industry. I find this approach to be outdated and ineffective in finding or creating the perfect customer or fan. Instead, it's crucial to understand human behaviour.”
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