Independent Banker - January 2022 - 18
PORTFOLIO
In a nutshell, paid social can
drive website traffic, promote
engagement, boost brand
recognition and generate leads for
businesses of all kinds.
In its simplest form, it expands
the reach of a community bank's
content. Anthony Englund, director
of digital strategy at MSPC, the
content marketing agency in
St. Paul, Minn., that publishes
Independent Banker, notes that
paid social can make an impact.
" Even a modest investment might
expand a post's reach and boost
engagement, " he says.
Starting a campaign
Depending on a community bank's
in-house resources, however,
creating a paid social campaign
ā—ˇFOCUS MARKETING
Paid social media's
place in your
marketing strategy
As social media platforms tinker with their algorithms, marketing experts
say one trend is clear: Paid social campaigns are becoming increasingly
necessary to cut through the noise and reach customers. They share tips
for how community banks can get started. By Amy Geist
ocial media has made it easier
for community banks to nurture
connections with prospects, customers
and the community.
Community banks and businesses
of all kinds often rely on an organic
approach to social media, sharing
content and engaging with followers
on Facebook, Instagram, Twitter and
S
others. Although posting organically
is an authentic way to build customer
relationships, it requires time and
patience to reach marketing goals.
To harness the power of social
media as an effective marketing tool,
community banks should consider
how paid social could amplify their
digital reach.
might feel daunting.
" A lot of community banks
don't have the luxury of having
a social media person, " says
Vanessa Hanson, ICBA's director
of digital and social engagement.
" Sometimes, the marketing team is
a one-person show. "
Budget is often an issue, too. So,
to get started, Hanson recommends
community banks try boosting a
popular post on their Facebook
page. " It's pretty simple to set [a
boost campaign] up, " she says.
" You can say, here's my budget,
here are the parameters, add your
payment method and hit go. " With
a minimum spend of $1 per day,
banks can choose a budget that
makes sense for them.
Community banks can also create
ads using Facebook Ads Manager
to promote new products and
services, an event or an educational
seminar using advanced targeting.
According to Englund, setting up an
account is simple.
" Essentially, you're writing
18 Q ICBA Independent Banker Q January 2022
Artwork by Oatawa/Getty Images
Independent Banker - January 2022
Table of Contents for the Digital Edition of Independent Banker - January 2022
Table of Contents
Independent Banker - January 2022 - Cover1
Independent Banker - January 2022 - Cover2
Independent Banker - January 2022 - Table of Contents
Independent Banker - January 2022 - 2
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Independent Banker - January 2022 - Cover3
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