Earlier
this month the internet went crazy over a handsome looking roadside tea
vendor. Now, the buzz is that he has
become a model. Well, it all started when a few people started raving about his
good looks and sharing his pictures on Facebook. Gradually it spread like a wild fire with
major newspapers reporting it and soon he became a face to reckon with it. Here,
Social Media acted like a catalyst speeding up the process in a jiffy!
Now
think of it this way. There are billions of people all over the globe. Of these
billions, a moderate percentage has access to the internet. So it comes down to
some millions people using the social media. Hence, it is an ideal platform for
marketing your franchise. In fact a more viable form of marketing because of
its greater outcome and outreach with very limited expenditure in a short span
of time. lt’s like the saying by AnushkaSharma in “Band, Baja and Baraat” – similar to weddings as cited in the film
social media too is a never ending sphere. Irrespective of the economy or
climate or social trends it continues to click.
What exactly is social media marketing?
From
the name itself , it is clearly understood that it deals with marketing done
via various social media platforms like Facebook, Twitter, LinkedIn etc. This
type of marketing strategy emphasizes on gaining more viewership for your
website by promoting your franchise – gradually engaging people and drawing
investors.
Of all the social media
platforms Facebook and twitter are more widely used. The reason being their
relative predominance on the global sphere. While Facebook is used for global
as well as local exposure , twitter is mainly used for global outreach.
India is the 3rd highest populated nation and much of its population is on Facebook. Hence, it is the ideal place for social media marketing.
India is the 3rd highest populated nation and much of its population is on Facebook. Hence, it is the ideal place for social media marketing.
Now the question is - what is franchise business model? How can social media marketing help?
Franchise
business model is the legitimate use of a company’s business model - their
ideas , vision and brand . A particular company has a given set of business
model applicable to all of their brand outlets present all of the globe. This
builds up a franchise business model for the company. All local and regional
centers follow this franchise model.
Social
media with its crisp and highly engaging content can easily promote and
strengthen your franchise. It comes with minimal cost and a greater target
audience. It can be simply achieved by opening a Facebook page or a twitter
handle for your franchise. Start promoting your website by presenting your
ideas- the unique way you are solving the problem. One benefit of using social media is its
personalized and creative connect. Like
you can share videos, short messages, photos, giphs to attract people. On Facebook,
you can go live and directly interact or create events related to your
business. You can host special contests
and give away a gift from your franchise to the winter. The most important
aspect of social media marketing is constant engagement with your audience. It
is essential to be quick and responsive. Twitter is the most responsive in this
regard. It is usually used by people to
gauge different trends and directly contact with people. So make sure you reply
to tweets, re-tweet people who give you feedback, use hashtag to promote your
products or use trending hashtags for your purpose.
This
is essentially how social media marketing works.
However, there is an exact model of how to set up things for social media marketing. There are 4 structures of social media marketing that franchises can opt for.
Centralized structure
Here the brand has single centralized presence in social media, like a same page for all activities relating to the franchise. Thus content will flow in-out of the same outlet. This ensures your global outreach and all contents being restricted to your brand without diluting. However, there is one drawback losing out local customers and failing to meet cross-cultural differences.Centralized Blend Structure
In this model, the same corporate house maintains different
social media profiles relating to its franchise. Here different content is
generated across various profiles according to various locations/divisions but
related to the same franchise. Hence all contents are driven to the same brand
and local customers are kept engaged. It
requires a robust social media team to pull this up
Controlled Structure
This structure is quite similar to centralized blend. The only difference is their management. Here the different franchise profiles are managed by their respective team s but the content is provided by the parent franchise brand. This involves greater involvement of the franchises with their respective audience. However, conflict of interest may arise due to discrepancy in content approval. Also outcome may vary across different franchises.Monitored Structure
Different franchises manage their own social media presence without any involvement from the parent franchise. They only follow a set of guidelines from the parent company. By using this model local area content is well established forming a niche in the local market. This kind of model requires a big and strong social media team to maintain all franchises.
These are the ways to generate a social media marketing
campaign for your franchise.
Despite all these, there are certain problems that franchises
face while embarking on a social media marketing campaign.
What are these potential problems?
The problems are quite genuine and have a potential to derail your
social media marketing strategy.
Setting the correct target audience
It is important that you target the correct audience. Any
miscalculations in this regard can greatly affect you and you can lose
potential customers.Setting the correct target audience
Creating different page for different locations
In order to cover different regional bases over a wide geographical area , it is preferable to opt for different pages for different location. Your brand may be a global one but you need local presence to monopolize the local market. Hence your local business outlet should have a social media presence.
Opt for a fan page or create a group to boost audience interaction
Interacting with your audience is essential for social media marketing campaign. Sometimes it becomes difficult to handle all feedback coming from different franchise sources. The best way to deal with this is to create a separate fan page or a group for your franchise. Add your regular customers and people who are active on your profiles. This way it is easier to get customer feedback and give them personalized response.
Like all marketing campaign, social media campaign also comes
with certain checks and balances.
So, what are these checks and balances?
Maintain visibilityKeep updating contents on a regular basis. Come up with refreshing and engaging contents. Make sure your franchise remain visible in their newsfeed.
Always maintain contact with the audience
Keep in touch with your customers. Engage them, interact with them. Make sure you are responsive to their comments and queries.
Be Creative
Look out for new ways of engaging people – like creating contests on special occasions, urging your customers to share some unique/memorable experiences related to your brand. Use different tools like pictures, giphs, videos, and blogs to share contents.
Make call for action proposals
Post contents that urge people to act and make them curious to look for more. Ask them to subscribe more to avail greater discount or share it with friends to earn reward points. Urge them to download your franchise app and win 1 year free subscription. Attract customers with these kinds of deals.
Circulate content to and from your parent franchise
Remind the audience that you are part of a franchise. Share contents to your parent franchise and post contents from their page as well. Make people aware of your brand credibility.
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