In order for the model to work, however, businesses first need to develop a strong following on social media. “If you have 10,000 followers on Facebook or Instagram, hopefully you can convert 1 percent a week on sales,” he says. This allows for experimentation with both product design and marketing strategy; John advises that entrepreneurs consistently play around with both, using social media to “see what works.”
Time spent as both an entrepreneur in the fashion industry and a host on Shark Tank has taught John a lot about how brands can go about successfully building a loyal social media following: Here are three of his strategies….
Source: www.entrepreneur.com


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