Social networking sites are one of the fastest and least expensive ways
to find a target audience and help a business grow. Singapore has a 70% social
media penetration, which more than doubles the global average of 26%, ranking
the top in Asia. Social media users in Singapore spend an average of 2.1 hours
per day on all social media platforms (Statista, 2015). However, due to the
incompetency of staff members when using social media, small and medium fashion
businesses in Singapore do not utilize these platforms effectively to
communicate with their customers and to advertise their goods.
According to a study done by Harvard Business Review Analytic Service
and SAS (2010), 43% of business executives said their companies were not using
social media effectively. Even so, most companies using social media have yet to fully leverage customer
interactions via social media channels. 42% of the interviewed company
executives did not know which social media platform their most valuable
customers were using while 93% of them did not integrate social media into
their marketing activities. Thus, it is recommended for small and medium
fashion businesses in Singapore to identify the mix of social media platforms that
can reach out to their target audiences effectively and train their staff
members to utilize the social media platforms effectively.
The first solution is (for SMEs) to train their staff members through
Social Media Training Module (SMTM). SMTM consists of 4 main modules. Firstly,
there will be a social media literacy module where the staff members will learn
from the basics on the unique functions of the various social media platforms.
It is important for them to learn how to operate and use the features
incorporated in these platforms so that they are able to utilise them
effectively. Next, there will be a customer service module, where the staff
members will be given a range of hypothetical interactions that may appear on social
media. They will be trained on how to respond to the different situations in
order to best engage the customers and provide excellent service.
Furthermore, a marketing module will train the staff members to use
different methods and techniques in social media content creation. (For
instance) They will be taught how to create good infographics. Since
Infographics are simple and are the most shared on the web and social media, it
is important for the staffs to use infographics to promote their products to
the target market. Lastly, SMTM also provides an analytical module. The staff
members will be trained to use social media analytical tools such as Google
Analytics to measure the effectiveness of the social media usage in terms of
customer service and marketing effort. They will also need to analyse these
data so that companies can continually improve in engaging their target
audience and their marketing strategy. For these reasons, being trained through
SMTM will help them to understand the unique functions of the various social media
platforms better. As a result, they will be able to utilize these social media
platforms effectively.
Another reason why staff members did not utilize social media platforms
effectively was because they were unsure of which social media platforms their
target market were using. Small and medium fashion businesses in Singapore
should identify and use a mix of various social media platforms that are
suitable for their businesses which will help them to reach out to their target
market more effectively.
Chart 1 (Sources: NUS Database, 2015)
Chart 1 depicts the frequency rating of various social media platforms. It
is based on the interviews with 692 people from the fashion-related industry
that uses social media to market their products. The rating of 1.00 indicates
high usage rate and the rating of 5.00 indicates low usage rate. Facebook,
Instagram and Twitter have the lower frequency ratings among the other social
media platforms which are 1.25, 1.21 and 2.15 respectively. This clearly shows
that Facebook, Instagram and Twitter are the social media platforms to be used
in fashion-related industry frequently to reach out to their target audience
effectively and to generate more sales.
In addition, according to Statista (2014), Facebook, Instagram and
Twitter are the three most popular social media platforms with 3.8 million,
1.35 million and 1.2 million registered users in Singapore respectively. Thus,
SMEs clothing retail businesses in Singapore should not miss out any users from
either of these social media platforms, since these netizens may turn out to be
their potential buyers.
To address the second part of the problem, staff members should be
trained on the unique features of Facebook, Instagram and twitter to utilize
them effectively. Facebook has its “Boost Post” feature which allow business
user to choose their “specific target audience”, “budget amount” and the
“number of audience to reach” in a few simple steps. It is important for staff
members to utilize Facebook’s features to promote their products and attract
new potential customers.
On the other hand, hashtag feature of Instagram allows the image post to
connect with their target markets. Relevant tags will help businesses to
attract new followers who may be their potential customers. Staff member will
also learn the popular internet slang so that they will able to understand and
pick the best words to bring their messages effectively across Instagram and Twitter.
However, there are certain limitations. By using a mix of various social
media platforms, it will also suggests that a greater amount of time and
attention are required. The usage of social media may in turn damage the
company’s reputation if their staff members do not interact and respond to its
customer’s enquiries promptly. Furthermore, the cost of advertising in social
media platforms will be high if they are extensively used to reach out to large
coverage of their target audience.
Thus, it
is strongly recommended for small and medium fashion businesses in Singapore to
train their staff members through SMTM to be able to use the unique features of
various social media platforms effectively. They should also identify and use a
mix of various social media platforms such as Facebook, Instagram and Twitter
that are suitable for their businesses, which will able to reach out to their
target market more effectively.