American Business Brokers & Advisors - September 2022

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INSIDE 7824 Estero Blvd., 3rd Floor Fort Myers Beach, FL 33931 1 2 Is Now the Best Time to Sell a Business? ‘The Five Secrets You Must Discover Before You Die’

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Entrepreneurship in Family Business

Get the Wisdom of Other Business Owners’ Mistakes

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Finding Your Audience Is Key

Which One Should You Use? SO MANY SOCIAL MEDIA OUTLETS

A social media presence is essential to connecting with your company’s customers and prospects. But do you need every media platform to engage with others? Each outlet meets different needs and interests, so it’s crucial that you analyze which one will net the most engagement for your business. In fact, the demographic of your targeted audience will help you decide. Let’s look at the three main outlets customers use to discuss their needs and wants. FACEBOOK is primarily used for family-friendly content. Recently, there is an added focus on business ads for networking purposes, which can help you attract more leads. The demographic on Facebook mainly focuses on individuals who are 45 years old and older. This platform is great for businesses targeting seniors, like those in the home improvement and estate planning industries INSTAGRAM was popularized by teenagers, but now over half of its users are between the ages of 25–34. Small businesses use this outlet to share upcoming events, sales, and products because of the new business feature on the app. Relationship-building is the sole focus for companies on Instagram because you can engage with customers through stories, live videos, and interactive polls.

25–49, and 56% have completed some college courses or have a degree. Some businesses use Twitter to see what others are saying about their services and resolve any issues that occur. This is a great way to build trust with

your customers and ensure that they know you care about their

experience with you and your company.

If you want to learn more about the different demographics for each outlet, go to Blog.Hootsuite.com/Social-Media-Demographics for more in-depth analysis and statistics.

TWITTER is the best place to have personal conversations, brainstorm, and share news. Over 59% of Twitter users are between the ages of

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