Keep an eye on small business banking trends through social media

Keep an eye on small business banking trends through social media

There are more than two billion active social media users worldwide – and your target audience is likely to be amongst them. By connecting with your target audience the way they want you to connect with them, your bank will remain fresh in their minds when they need the financial products or services that you’re offering.

Staying up-to-date with social media trends can be an essential part of keeping in touch with your customers. These days, people are becoming influencers and thought leaders in purchase decisions. Their voices are heard through social media channels, so they can greatly impact the opinions of other potential customers.

Social media is a conversational tool by its nature, so encourage the conversation about your bank, and its products and services to be a positive one. When it comes to gaining and retaining customers, it isn’t really just about advertising. It’s become just as much about publishing – about providing useful content that helps turn leads into actual contacts.

How social media is shaping financial services

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Glen Senior
Glen Senior

CEO Glen Senior has been helping small businesses start and grow since 1989. Along the way, he has published 6 books on small business development and business planning, created training courses, built e-learning platforms, and developed Microsoft USA’s Small Business Plus program which was delivered into 9 countries.Since 2005 Glen has focused on the banking sector and has built up an extensive knowledge of how banks can engage with the small business segment. He has presented at a number of small business banking conferences and is sought out as an opinion leader in this space.