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Social Media Lead Generation

By: Toffer Grant


social-lead-genPEX Card wants to help small businesses with expense management. Each week we will provide advice, solutions, and answers to your questions.

Q: Can my retail business generate leads through social media? If yes, how do we do it?
A: Our short answer is “absolutely!” Think of social media as an engagement platform that allows you to interact not only with potential customers but existing ones as well. People go online for a variety of reasons when it comes to retail shopping. They will:
  1. Run side-by-side comparisons of products and services.
  2. Read reviews from other customers and post reviews of their own on web sites such as Yelp, CitySearch, Yahoo and other review sites.
  3. Engage on Twitter, Facebook, Pinterest and Instagram to other like-minded consumers about their likes and dislikes of products and services.
  4. Buy the products and services after doing their homework online.
Consumers have moved the conversation from in-person and on the telephone to social media platforms. If you want to keep your existing customers and find new ones online, then you need to be part of the discussion. Don’t try and take over the conversation; simply figure out a way to share information with people to help them make more-informed decisions about which products and/or services to buy. Be on Twitter to answer questions about how to use your products or services. Show customers where they can buy your product or service. Run contests to help create awareness about your brand and the fact that you are now using social media to connect with customers.
Be creative, but also ask your existing customers how they want to be reached in order to get more information from you. Do they want emails or text messages? Do they want to engage with you on Twitter, Facebook or Pinterest? By asking your customers, you are showing them that their business is important to you. Good luck and thanks for a great question!
Published: February 27, 2014

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Toffer Grant

Realizing that banks and card issuers were not serving the development of prepaid debit card services for small and mid-sized companies, Toffer Grant founded PEX Card to help SMBs maximize the efficiency of their financial operations. His career in the prepaid card industry began in 2000 at Clarity Payment Solutions, a leading venture-backed platform company servicing the budding prepaid industry. Toffer focused on customized check to card payment conversions for large brand corporate clients and grew a high value reseller network for the company. Over six years, he initiated 65 prepaid card programs in consumer, corporate and emerging verticals of the prepaid card industry.  Toffer saw the company grow from a tech startup to life in a large public company after acquisition by TSYS in 2004. Follow Toffer on LinkedIn and PexCard on Twitter, Facebook, and LinkedIn.

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