Subscribing to a social media solution for your financial advising firm is generally more practical and effective than buying one or building one. With the extreme importance social media for financial advisors carries, you have to have a solution that won’t take up a lot of your time, and most importantly, your budget. Buying or building a social media solution will take up a good chunk of both of those, but here are reasons why a subscription-based solution is the best choice for financial advisors.
Quick Implementation
Engaging with prospective clients quickly is one of the first things financial advisors want. With a subscription-based social media solution, you can be up and running in as little as 30 days. Workflows and processes will be in place for you already, as well as the all-important three C’s of content, compliance, and collaboration.
Easy to Learn, Adapt and Adjust
When you think about financial advisors and social media, there is a lot of competition out there. With a subscription-based social media solution, you won’t lose time or waste money This will allow you to stay ahead of the competition by learning more quickly and adjusting to various factors. By engaging more with clients and prospects using social media, you will learn more about your business opportunities sooner and benefit from adapting faster. Your firm also benefits from a commercialized system that has been painstakingly developed over years of real life use, giving you a competitive advantage without the investment of time and money. Being in the same advantageous position as other financial advisors who have invested substantially without losing any time will elevate your business at a higher rate.
Various Subscription Options
Having options is almost always a good thing, especially when it comes to financial advisors and social media. Subscription-based social media solutions allow you to choose a plan that not only fits your needs from a leverage standpoint, but also from a cost standpoint. And you can upgrade or downgrade your subscription at any time based on your goals and the results you’re achieving.
Predictable Budgeting
Nothing is more important than knowing your financial numbers with a social media solution. The business of financial advising is fluid and it changes all the time. So when you are building or buying a social media solution, your costs could fluctuate and make it more difficult to stick with a budget. But with a subscription-based solution, you know what your monthly fee is and know it will only change if you choose to upgrade or downgrade for any reason.
Low Risk, High Reward Solution
It isn’t worth the time or resources to reinvent the wheel when implementing social media for financial advisors. Subscription-based social media solutions are proven based on real-life situations, and have been developed and tested for many years. There’s no significant capital investment and you don’t have to spend time and resources developing a program yourself. Instead, you can spend your time looking for ways to grow and develop your business in other areas.
When you incorporate a social media solution like SocialFinServ offers, you’ll set yourself up for success in the short-term and long-term. Our social media solutions are designed to meet your specific needs and budget, and we want to help you along your path to success. Be sure to contact us to learn what we can offer you as a financial advisor.