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Social Listening: A Powerful Tool For Lead Generation

October 06, 20226 min read

Many online marketers swear by social listening and if you do not already have a strategy in place to leverage it, you're seriously losing out. It will provide you with some of the most important data about your organization and how it's being viewed online, enabling you to make more informed decisions regarding your internet marketing efforts. 

Social listening is an excellent way to increase interaction with your existing and potential customers online. People tend to appreciate when businesses they support engage with them online. This lets them know that you appreciate what they think and believe in providing them with excellent service. 

There's another element to social listening that makes it so effective.

Don't simply leverage it to find out what people are saying about your business. Use it to discover what they're saying about your competition. This will let you determine gaps that you can fill in order to compete more effectively.

three cats curiously watching something

What is social listening?

Social listening is the process through which you gain important insights by analyzing the mentions and conversations about your brand on social media networks so that you can make more informed marketing decisions. 

It should not just be restricted to the discussions that are happening online about your brand name. Keep an eye on the conversations and trends concerning your specific industry. Likewise take notice of what people are saying about your competition online. If they're doing something better than you are, you'll likely find out about it online. 

Why is social listening crucial?

There's a reason why social listening has proven to be so important. The insights that you obtain from this exercise will allow you to understand what's the driving force behind the conversation about your brand online. Consider it as a window into the mind of your customer, enabling you to determine what perception people have formed about your brand name.

woman taking notes while social listening

These are important insights that can assist you to fine tune your online marketing efforts. For example, are you seeing a lot of mentions online about your blog posts not sufficiently explaining your products? This is how you find out that you need to make new content that clearly explains your products.

Perhaps the copy of your current ad campaign has actually got people not feeling very good about your brand, so now you can quickly turn the campaign around based on that information? The possibilities here are endless. 

How listening can help create more leads

1. Increase your engagement 

Increasing your social media engagement is simply one part of the story. It's always terrific when the material you post online gets a lot of likes, comments, shares and retweets. But that alone is never sufficient to generate leads and grow your organic reach. 

With social listening, you can be mindful of what your customers and others online are trying to find.

lead generation man engaged in conversation with woman

For instance, you might identify a discussion online where people are looking for a product or service.

You could jump into that discussion either with a suggestion or an appropriate remark. It should never be a hard sell as that tends to put off people. Just a proactive comment that lets people understand you have a product that can assist or resolve their problem for them will do wonders. 

Likewise, you may find that your customers are recommending your brand online to their peers. This provides yet another chance to generate leads. Become a part of that discussion through a reply that acts as positive encouragement and you may even get a brand-new customer out of it. 

2. Catch the competition

Social media is now the first place people rely on when they have a complaint about a brand name or its products or services. This provides companies with an amazing chance to generate leads at the expense of their competitors. 

man in bike race winning over competition

Brands need to realize that social listening goes far beyond what individuals are saying about you. Approach it with a view to help people who might benefit from your product. Is your rival's product or service not helping people achieve their objectives? Does yours have much better functionality?

Chime into discussions where such topics are being found with a gentle pointer about your product's significant features. People who are already frustrated with the competitors are more likely to consider an alternative, thus perhaps creating a brand-new lead for your business. 

3. Develop powerful collaborations

Collaborations tend to be extremely effective on social networks. It's something that people who use social networks are already quite accustomed to. That's because a lot of their favorite social media content creators will certainly be "collabing" with other creators. 

Social listening can open new opportunities to strike collaborations with thought leaders, industry titans and tight knit online communities that have meaningful conversations about something that you might be able to help with. 

handshake from laptop to person at desk

Online collaborations require a certain level of finesse, however. It should not appear that this has actually been done for the sole purpose of making a hard sell or attempting to force a product or service on people who do not seem to be receptive to it. 

Through collaborations, you can add value to the content that the other creators present to their audience. This opens up new demographics and audiences that your brand can take advantage of.

The increased brand awareness that collaborations will bring is going to help produce new leads. 

4. Use social media as a tool for consumer support

Nobody wants to go through a tedious process to get a response when they face an issue with a product or service. The internet has made individuals expect instantaneous resolution of such issues, therefore, it's crucial to have a robust consumer support process for social media. 

Proactive consumer support through social media assists in building brand equity.

lead generation - man talking to woman on laptop

People are most likely going to find out online when brands are doing a good job with providing support to their customers for any problems they may be facing. 

The elevated brand equity can be excellent for generating leads as people will feel confident about trusting a company that's visibly investing in ensuring that their customers are well taken care of. 

Social listening can make your online campaigns incredibly effective

To maximize any online marketing campaign, you require good data. Even the advertising tools that online marketers utilize, such as Facebook and Google Ads, depend on sophisticated algorithms that optimize campaigns using the information generated from serving ads. 

Social listening is effectively a method to pool the information that's being generated by you and about you on different social media networks. This data supplies an unbelievable amount of insight about your consumers and prospective leads who might be better served by your service or product. 

By simply:

  1. leveraging the power of social media,

  2. spending some time on these networks to listen to what people are saying about your brand and your competitors, and

  3. reacting in an effective way,

you can gain valuable insights that can be utilized to tweak all subsequent paid and organic marketing campaigns and boost your lead generation efforts.

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