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Creating Your Social Media
Strategy
Mastering Social Media So You Can Keep Doing Cool Stuff
By Rose Souders, CEO & Founder Potluck Consulting
How does your business make money?
Foot Traffic
Web Sales
Client Inquiries
Social Media is a tool. Use it to help you increase
whatever keeps the lights on.
Is it…Foot Traffic? – What you can do
Paid Ads
Visibility to New
Customers
Re-Engage
Current Customers
Consistent
Content
Store Experience
Real-Time
Updates & Deals
Instagram
Behind the Scenes
Loyalty
Product Sales (B2C) – What you can do
Paid Ads
Web Traffic
Grow Customer
Base
Consistent
Content
Product Value
Brand Values
Website
Easy to Buy
Reinforce
Social Presence
Client Inquiries (B2B) – What you can do
Paid Ads
Web Traffic
Email Opt In
Consistent
Content
Authority
Content
Case
Studies
Email Marketing
Develop
Relationship
Create
Action
Pick Three Things, and do them well
Just because everyone says you need to, doesn’t mean you have to.
Focus on the areas that directly keep your business thriving.
Strategy in progress!
What your
business needs
What you can do
on social to get it
Determine how
much social
content you need
You’re creating a strategy and you didn’t even
realize it! Step 1 and 2, check!
You need a few numbers first…
$100
Click-Through Rate
2%
Average Sale Purchase Rate
5%
Putting them to use!
People
Reached
People
Reached
20,000
Click-Through
Rate 2%
Web Traffic
400
Purchase
Rate 5%
Number of
Sales 20
Average Sale
$100
Revenue
$2,000
Let’s just say this month…
How the heck do I get 20,000 people to see my content???
No, but seriously.
How many people does your Facebook
content reach now?
1 Post, $5 Boost1 FB Post 1 Post, $10 Boost
100people 500people 1000
How much content do I need to write?
Non-Boosted
FB Posts
200
$5 Boosted
Posts
40
$10 Boosted
Posts
20
$15 Boosted
Posts
13
For 20,000 people to see my content this month
Yikes, how much money do I have to spend on advertising?
This sounds like a lot.
How big does my ad budget need to be?
$5 Boosted
Posts
40 per
month
$200 ad
spend
$10 Boosted
Posts
20 per
month
$200 ad
spend
$15 Boosted
Posts
13 per
month
$200 ad
spend
To reach $2,000 in monthly revenue
Work Smarter, Not Harder
Write the least number
of high quality posts
Use your entire ad
budget
Determine Return on
Investment
Increase Budget if
Working as planned
$200
Use the Same Formula to Work Backwards
Revenue Reach Ad Budget
We have all of the numbers, now determine how much money you want
to make with social media and figure out what it takes!
What if I’m not a numbers person?
I got your back!
Don’t Forget…
You have two of the most powerful areas of your strategy figured out, but
don’t forget the others!
Ad Spend
How Much
Content
Brand
Types of
Content
Target
Market
QUESTIONS?
Thank you! rose@potluckconsulting.com
Website
potluckconsulting.com
Social: @PotluckConsult

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Mastering Social Media Strategy for Business Growth

  • 1. Creating Your Social Media Strategy Mastering Social Media So You Can Keep Doing Cool Stuff By Rose Souders, CEO & Founder Potluck Consulting
  • 2. How does your business make money? Foot Traffic Web Sales Client Inquiries Social Media is a tool. Use it to help you increase whatever keeps the lights on.
  • 3. Is it…Foot Traffic? – What you can do Paid Ads Visibility to New Customers Re-Engage Current Customers Consistent Content Store Experience Real-Time Updates & Deals Instagram Behind the Scenes Loyalty
  • 4. Product Sales (B2C) – What you can do Paid Ads Web Traffic Grow Customer Base Consistent Content Product Value Brand Values Website Easy to Buy Reinforce Social Presence
  • 5. Client Inquiries (B2B) – What you can do Paid Ads Web Traffic Email Opt In Consistent Content Authority Content Case Studies Email Marketing Develop Relationship Create Action
  • 6. Pick Three Things, and do them well Just because everyone says you need to, doesn’t mean you have to. Focus on the areas that directly keep your business thriving.
  • 7. Strategy in progress! What your business needs What you can do on social to get it Determine how much social content you need You’re creating a strategy and you didn’t even realize it! Step 1 and 2, check!
  • 8. You need a few numbers first… $100 Click-Through Rate 2% Average Sale Purchase Rate 5%
  • 9. Putting them to use! People Reached People Reached 20,000 Click-Through Rate 2% Web Traffic 400 Purchase Rate 5% Number of Sales 20 Average Sale $100 Revenue $2,000 Let’s just say this month…
  • 10. How the heck do I get 20,000 people to see my content??? No, but seriously.
  • 11. How many people does your Facebook content reach now? 1 Post, $5 Boost1 FB Post 1 Post, $10 Boost 100people 500people 1000
  • 12. How much content do I need to write? Non-Boosted FB Posts 200 $5 Boosted Posts 40 $10 Boosted Posts 20 $15 Boosted Posts 13 For 20,000 people to see my content this month
  • 13. Yikes, how much money do I have to spend on advertising? This sounds like a lot.
  • 14. How big does my ad budget need to be? $5 Boosted Posts 40 per month $200 ad spend $10 Boosted Posts 20 per month $200 ad spend $15 Boosted Posts 13 per month $200 ad spend To reach $2,000 in monthly revenue
  • 15. Work Smarter, Not Harder Write the least number of high quality posts Use your entire ad budget Determine Return on Investment Increase Budget if Working as planned $200
  • 16. Use the Same Formula to Work Backwards Revenue Reach Ad Budget We have all of the numbers, now determine how much money you want to make with social media and figure out what it takes!
  • 17. What if I’m not a numbers person? I got your back!
  • 18. Don’t Forget… You have two of the most powerful areas of your strategy figured out, but don’t forget the others! Ad Spend How Much Content Brand Types of Content Target Market

Editor's Notes

  1. Social media review, hashtag from customers with photos, follow up, share purchase.
  2. Take these as examples. Sit down and take 15 minutes to brainstorm what your business needs to make money.
  3. So now you know what actions you could take, now often and how much you should do them.
  4. Of the posts that lead to your website -> How many people click through to the site. Of people clicking through -> how many people buy
  5. FOR EXAMPLE – with the same numbers
  6. FOR EXAMPLE
  7. Use social media as a tool. What’s the point in doing it? Online sales, client inquiries, speaking inquiries.