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There are two truly valid ways to post on social media. It depends on the personality, goals, and bandwidth available within your business. Both have pros and cons. Both have chances of success and failure.
Determining which way you'd like to go will guide your posting schedule immensely. We will post something in the future that goes into more details about each individual posting personality, but here's a quick overview of them:
It's a little surprising that more businesses haven't adopted this style. It's likely that a "guru" or two has spread the word that you can't only focus on business if you want to be successful on social media. This simply isn't true.
The business-only personality type will do just as the name says: stick to business. They should post infrequently, perhaps 2-4 times a week, and support their posts with ads on Facebook. Twitter, Google+, and the other social networks cannot benefit from ad support and are likely only seen occasionally in feeds and mostly as a destination, i.e. when someone visits the business website and then follows links to Twitter, Pinterest, G+, etc.
This is effective in one scenario and safe in another scenario. In the scenario where a business has established a strong fan base of customers, prospects, and industry people, the business-only personality can be extremely effective. It doesn't flood people's news feeds with daily posts that can often encourage them to unlike, remove from the news feed, or report as spam. Because there is a reduced chance of getting an EdgeRank boost (though a case could be made that it can actually improve the chances, but that's for a different debate), it is basically a requirement to support the posts through Facebook ads. As long as the content is useful, not spammy, and relevant to fans, a sustained Sponsored Stories strategy can work very nicely.
Fan growth is often slowed as a result of this type of strategy, but there's an upside. If a business is using their page for a particular business-related focus such as a car dealership that posts social-media-only service specials weekly, the quality of the fans can be stronger.
The other scenario where this strategy works well is for the "safe" social media business type. Those who are either not bought into social media as a marketing tool or who do not have the time or resources to manage it properly can use this personality type to keep a strong presence without putting much effort into it. It's not a growth strategy. It's a "checkbox" strategy. The good part is that it's safe. As long as the page doesn't go dormant, those who are somehow able to stumble upon the accounts will not be turned off by what they find.
This is much more common by businesses that are trying to use social media for branding, marketing, and communication. It's also the more botched approach. If there's only one piece of advice that businesses get from this article, it's that you don't have to rely on internet memes and cat pictures to be engaging. If you're a car dealership, you should be posting about cars. Period. Pictures of cars, stories about cars, useful information about cars... stay within the industry. There are plenty of engaging pictures, interesting pieces of information, and personal business anecdotal stories that can be told to stay focused on your industry without being "all business".
For local businesses, there's another realm that help them to stay on topic without diving into memes to stay interesting: the local area itself. A Seattle business can occasionally post images of the Space Needle, for example. Nothing wrong with that to "mix it up" but don't rely on these types of posts. Stay relevant as much as possible.
The engaging personality type on social media strives to be a part of the conversations within their market. They post daily, often more than once a day, and do so in order to get more people to like and interact with their content. This style relies on the interesting aspects of their business to feed content to their social profiles in order to set up the "money posts" that they put up from time to time. The money posts are those ones with practical business applications whether it's to directly promote and event or to highlight a benefit of their business.
By engaging with the various communities, they are increasing the exposure of their money posts. On Facebook, for example, the goal is to play the EdgeRank game. In other words, be as interesting as possible throughout the week in order to make certain that the important posts get maximum exposure. On Facebook and Google+, a business can increase the exposure of their money posts by posting content ahead of it that their fans like, comment about, and share.
This is viewed by many as the free technique. In other words, if you go with this strategy, the need for Facebook ads is alleviated. That's not true. The Facebook advertising strategy for the engagement personality is different from the strategy for the business-only personality, but that doesn't mean that you don't have to spend any money at all. The way that Facebook pages appear (or don't appear) in fans' news feeds makes advertising a necessity regardless of personality type. The difference is in how much and how often.
Now that we have an understanding of the personality types, how does this affect scheduling?
As with all strategies, there are different variations based upon your goals. Play around with it. Post more. Post less. Find the personality type that works best for your business and stick with it. The biggest mistake you can make (other than abandoning social media altogether) is to continuously change strategies without reason. With major changes in the platform being the exception, try to avoid constant changes. Find what works for you and stick with it.