Startups

Why LinkedIn needs to be a part of your startup’s marketing strategy

  • 5 min Read
  • March 28, 2016

Author

Escalon

Table of Contents

LinkedIn offers your startup many opportunities. Not only can you create a business page for your startup, but you can leverage LinkedIn’s paid advertising channels as well.

Today we look at why LinkedIn needs to be a part of your startup’s marketing strategy.

Business people use LinkedIn

With more than 76% of business executives checking into LinkedIn at least once daily, it’s the perfect place to meet potential customers and employees.

Not only are your potential customers and employees using LinkedIn, but venture capitalists are using the social media platform as well, and they are in business mode when they are exploring.

LinkedIn is where the business professionals go during the day for downtime, business articles, and job information. LinkedIn can help you get your startup in front of more people.

LinkedIn is good for new business

LinkedIn is the perfect platform to promote your staff. As a new startup, you can not only promote your products and services, but you can promote your professional staff by letting people get to know them.

Sharing behind-the-scenes content is a strategy to boost your impressions and comments. Consider an employee spotlight of the week to introduce the business world to your exceptional staff.

Posts with photos work the best, so be sure to include a high quality image.

LinkedIn generates contacts and leads

On your startup’s page, you can see who’s interacted or commented on your post. When someone interacts with your posts, you see their name listed and can click on it to visit their profile.

Now that you can see who is interacting with your posts, you can keep track of your users. You can decide whether the person is a potential customer, the competition or possible employee.

Once you know a bit about the person, you can reach out and introduce yourself to them and encourage an ongoing relationship.

You can spy on the competition

LinkedIn provides the perfect avenue to see what’s going on at your competitor’s company page. You gain some insight into their business, future products and even industry trends.

By learning what’s going on business-wise with your competitors, you can position yourself to rise above and meet the competition head-on with your own marketing content.

As a startup, you’ll gain understanding and learn what makes your competitor successful or not so successful. Don’t forget, though – if you’re watching them, odds are they’re watching you.

Your startup gains credibility

Endorsements are a respectable way to gain credibility for your startup.

Credibility is one of the traits that separates the successful startup from the failure. If you’re trying to convince someone to finance you or to purchase your product or service, they especially want to know if your business is legitimate and honest.

LinkedIn Endorsements can provide this credibility. One way to make this work for you is to endorse or commend your colleagues or others on LinkedIn and ask for their feedback in return.

This is a great tool for startups in the first year. Once your startup has some recommendations, you are instantly deemed trustworthy and viable.

To use recommendations to your advantage, you’ll want to make this an active part of your startup’s marketing strategy. You can solicit recommendations, but be sure to return them in kind.

Recommendations have the potential to garner a lot of attention rather quickly. You can even use the recommendations on your website, social media and email marketing.

Reach out to people already on LinkedIn with recommendations of their own because odds are their network is strong, and you’ll benefit from it.

Final thoughts

LinkedIn needs to be a part of your startup’s marketing strategy. We do want to emphasize that you’ll need to be patient and make a long-term commitment to your LinkedIn marketing strategy for the best success.

Your marketing strategy on LinkedIn should include time for your ongoing management, posting, monitoring and analysis. It should also include time for revisions and adjustments to your strategy.

Here are a few steps to follow when creating your business presence on LinkedIn:
• Create a LinkedIn company page.
• Use intriguing graphics and text that mirror your website.
• Invite your employees, clients, customers, vendors, partners, friends and family to follow your page.
• Use LinkedIn paid advertising to promote your page and sponsor your updates. Use targeting to reach additional people.
• Create a plan for soliciting recommendations from LinkedIn influencers.
• Create posts that are interesting about your industry or business. Don’t try to sell on LinkedIn. This is the place to discuss the business side of your startup.

LinkedIn, like other social media channels, isn’t something you set and forget. It requires a commitment to your marketing strategy as you work toward your goals.

Now that you know why LinkedIn needs to be a part of your startup’s marketing strategy, it’s time to get to work!

Are you a new startup? Are you looking to get your new business off the ground and watch it rise to success? We are here for you. We can help answer your questions and guide you through the process. Outsource your finances, payroll, HR duties and more to us. Contact Escalon today to get started.
Image: Olu Eletu

Talk to our team today to learn how Escalon can help take your company to the next level.

  • Expertise you can trust

    Our team is made up of seasoned professionals who bring years of industry experience to the table. You gain a trusted advisor who understands your business inside out.

  • Quality and consistency

    Say goodbye to the hassles of hiring, training and managing in-house finance teams. You will never have to worry about unexpected leave of absence or retraining new employees.

  • Scalability and Flexibility

    Whether you’re a small business or a global powerhouse, our solutions scale with your needs. We eliminate inefficiencies, reduce costs and help you focus on growing your business.

Contact Us Today!

Tap into the latest insights from experts in your industry

Accounting & Finance

The Role of Accounting Software in Simplifying Audit Prep  

If you have ever spent the weeks before an audit digging through spreadsheets, chasing down receipts, or reconciling accounts that should have...

Taxes

The SMB Owner’s Audit Preparation Timeline: 90 Days Out 

Three months before your audit starts is when you should begin serious preparation, not three days. Yet many business owners...

Taxes

The Cost of Waiting: Why Proactive Voluntary Disclosure Agreement (“VDA”) Filing Almost Always Beats an Audit 

Unaddressed, historical state tax exposure is often an outgrowth of being focused on building a company and not properly keeping track of  an expanding state and local tax footprint. The exposure accumulated as the...

Taxes

R&D Tax Credits for Non-Tech Companies: Are You Missing Out? 

When most business owners hear "R&D tax credit," they immediately think of software companies and biotech firms. This narrow perception costs non-tech businesses billions...

Taxes

5 Business Triggers That Should Prompt an Immediate Nexus Review 

There is a persistent myth in the world of state and local tax compliance that a nexus review is something...

Accounting & Finance

The SaaS Rule of 40: What It Means and How to Achieve It 

If you're running a SaaS business and talking to investors, you've probably heard someone mention the Rule of 40. This simple metric has become a...

Accounting & Finance

Common Audit Findings in SMBs and How to Avoid Them 

Nobody enjoys finding out that their financial audit uncovered significant deficiencies. Yet according to data from the Center for Audit...

People Management & HR

The True Cost of Employee Turnover: How to Calculate and Reduce It 

Employee turnover represents one of the most significant yet often underestimated costs facing American businesses today. While most business owners recognize that...

Accounting & Finance

SaaS Revenue Recognition: Mastering ASC 606 Compliance 

Revenue recognition might not be the most exciting topic at your next board meeting, but get it wrong and you'll have far bigger problems than a...