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Mullen Stoker

Mullen Stoker

Chartered Accountants in Durham

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The Value of Social Media in Promoting a Business

Building Brand Awareness
Social media platforms provide an unparalleled opportunity to reach a broad audience and increase brand visibility. With billions of users across platforms like Facebook, Instagram, LinkedIn, and TikTok, businesses can showcase their products or services to potential customers who may not have encountered them otherwise. Consistently sharing engaging and relevant content helps to build a recognisable brand presence, fostering trust and familiarity.

 

Cost-Effective Marketing
Traditional advertising methods often come with significant expenses, making them inaccessible to smaller businesses. In contrast, social media offers cost-effective alternatives. Setting up profiles and posting organic content is free, and even paid advertising campaigns are highly customisable, allowing businesses to control their budgets and target specific demographics. This affordability levels the playing field for businesses of all sizes.

 

Engaging with Customers
Social media bridges the gap between businesses and their customers. Platforms provide opportunities for direct interaction, allowing businesses to respond to queries, address concerns, and receive feedback in real time. This open dialogue not only enhances customer satisfaction but also humanises the brand, fostering deeper connections and loyalty.

 

Driving Website Traffic and Sales
Strategically sharing links to your website or e-commerce store can drive significant traffic from social media. Platforms like Instagram and Pinterest, with their visual focus, are particularly effective for showcasing products and guiding users to purchase pages. Moreover, features like shoppable posts make it easier than ever for customers to complete transactions directly from social media.

 

Accessing Detailed Analytics
One of the most powerful aspects of social media is the access it provides to data. Platforms offer in-depth analytics that allow businesses to monitor engagement, track campaign performance, and understand their audience better. This data-driven insight enables companies to refine their strategies, ensuring their marketing efforts are as effective as possible.

 

Staying Competitive
In today’s digital-first world, having a social media presence is often seen as a baseline requirement. Competitors are likely using these platforms to connect with their audience, and businesses that neglect social media risk falling behind. Staying active ensures your business remains visible and relevant in a crowded market.

Social media is no longer optional; it is a vital tool for modern businesses to thrive, connect, and grow.

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ABOUT US

We bring a fresh, dynamic and friendly approach to Accountancy services. We are proud to say you will not find Mullen Stoker to be a stereotypical Accountancy Practice as we have new ideas, add value to what are known to be more traditional accountancy services and are able to provide high quality IT Solutions

We use telephone tracking numbers to link a user’s call to the marketing channel that they originated from. This is done using cookies, you can choose to decline cookies using your browser settings if you would prefer not to be tracked. We may record calls for training or monitoring purposes.

This firm is not authorised under the Financial Services and Markets Act 2000 but we are able in certain circumstances to offer a limited range of investment services to clients because we are members of the Institute of Chartered Accountants in England and Wales. We can provide these investment services if they are an incidental part of the professional services we have been engaged to provide.

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