How Brands Can Win Customers in the Shifting Social Commerce Landscape

    Social-Commerce
    How-Brands-Can-Win-Customers-in-the-Shifting-Social-Commerce

    Leaning into customer needs and wants is the key to maintaining a competitive advantage in the over-crowded social commerce landscape. Being transparent while creating personalized messages that appeal to consumers is crucial for building loyalty and increasing engagement to scale ROI.

    With social commerce becoming increasingly popular, companies need to use micro-moment marketing techniques to maintain consistent consumer engagement. Micro-moments contribute to deeper engagement and increased awareness across a wide range of digital channels as several touch points between businesses and consumers help forge connections with where and when customers spend their time.

    Micro-moment marketing, an essential component of the current social commerce strategy, streamlines cross-channel customer engagement while fostering a high level of trust between the brand and its customers.

    Here are a few best practices that can help a brand stand out in the crowded social commerce landscape by leveraging an effective micro-moment strategy.

    Also Read: TikTok Simplifies Social Commerce with 3 New Ad Formats

    Leveraging Omnichannel Marketing 

    It is uncommon for modern consumer journeys to begin and end on the same platform. The identification of important platforms and channels is necessary for developing and implementing effective omnichannel strategies for social commerce campaigns. Finding out where the customers of a brand spend their time will help them develop personalized marketing messages for each channel that will draw in the target market.

    As more people across the world use mobile devices for social commerce, channels including Connected TV (CTV), new social media platforms, streaming, and video content have become increasingly popular in recent years. Marketers must track social platform trends to utilize them in their omnichannel strategies.

    Marketing professionals can better understand the necessary tools and techniques to employ when developing campaigns that increase customer engagement by identifying effective patterns within each important channel. As customers switch between platforms, marketers need to think outside the box to develop cross-channel strategies that will encourage customers to interact with their brand through many touchpoints and make it simple for customers to complete purchases whenever and wherever they choose.

    The Need for Dynamic Creative Optimization (DCO)

    The first step in developing a successful social commerce strategy is choosing the best channels to include in a company’s omnichannel strategy. After the right customer bases and channels have been determined, marketing teams need to create messaging and creative assets for every channel that can resonate with their customers and show their brand value.

    To ensure success, the appearance, feel, and medium of the marketing materials must be flawlessly executed.

    With the number of channels required to build a solid omnichannel social commerce strategy continuously evolving, the necessity to scale up the production of digital marketing assets has become crucial. Dynamic Creative Optimization (DCO) comes into play here. DCO is a great way for modern marketing and creative teams to fulfil the requirements of today’s complex customer journeys because it is an essential instrument that helps scale the production of marketing content via automation.

    Also Read: Whatnot Secures $260M Series D co-led by DST Global and CapitalG to expand its live, social commerce marketplace

    It is obvious that modern advertisements require personalization to connect with and engage consumers. This real-time data collection offers an experience for consumers that is more tailored to fit their needs and can encourage them to make a purchase or visit a website after interacting with an advertisement. To scale their digital personalization initiatives and attract new customers, modern marketing teams should leverage Dynamic Creative Optimization.

    Creating Value for Customers

    Consumers today have made it very apparent that they expect brands to educate and connect with them. Micro-moment strategies that deliver clear brand value and connections with customers through relatable messaging, educational content, and better access to information are the foundation of successful social commerce engagement. Because of pandemic lockdowns, social commerce gained popularity, which sparked a demand from customers for deeper connections with businesses. Focusing on providing value to the customers through clear messaging and marketing strategies builds consumer trust and brand loyalty, ultimately benefitting the bottom line.

    When creating content for consumers, transparency is an essential factor to take into account. To foster stronger ties and trust, modern customers are urging brands to be more transparent in their marketing. Consumers will pay attention when meaningful customer value is included in messaging and practices because they will feel that brands are aware of their existence and their needs and eager to fulfil those needs.

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