Company social media accounts are vital for promoting brand awareness and customer brand loyalty.
Many financial services companies already have social accounts on Linkedin, Twitter, Google+, Youtube and Facebook. Some companies are branching out into more millennial driven platforms such as Instagram and even Snapchat.
Navigating the regulatory landscape on social media doesn’t have to be a headache for financial service companies.
Although regulations prevent Asset Managers from posting certain things, such as fund performance, there are still countless perks to using social media to target clients and prospects.

In this article we look at 7 ways to begin the social sell in your company’s (digital) marketing department, tapping into the wonderful marketing tool that is social media.
In our real financial brand examples, you will notice that they use social to promote either or both of these values:

The focus is never on selling a product, but on selling a way of life. More than that it is about helping clients and prospects. The social sell, should be exactly that, social! This means interacting with your client base.

1. Share relevant content

That’s right, you’ve heard it before social media is a great place for content marketing. Content marketing is one of the best ways to show your commitment to client education.



Vanguard pinned this topical tweet concerning Brexit to their Twitter account @Vanguard_FA.
vanguard discusses brexit on Twitter
This is great social media practice:
Trending topic ?
Correct hashtag ?
Link to original content ?
Educational ?
Topical social media posts are successful because they interest and educate clients whilst promoting branded content.
As well as blog posts Vanguard shares other forms of their own content, like white papers:

Extra points for using a custom hashtag!

Vanguard have a Linkedin page dedicated to client education:
Here they also share original content, such as this post concerning the new DOL fiduciary rule linking to a webcast.
Schroders also have a great social media presence in regards to content sharing. We’ve discussed their great use of infographics on Twitter in a previous blog post, check out this recent example:
They also (re)post other industry specific content from reliable sources, such as this infographic from the Bank of England:
Sharing content that isn’t your own is an important part of building a positive brand image, as a reliable source of information and an active player in the industry. Posting other reliable sources’ content shows that you are an engaged community member.
Social selling benefits: Builds client trust, promotes customer loyalty, generates leads.

2. Custom event hashtags

Whether you are at an event or hosting an event, conference or webinar, custom event hashtags are a valuable asset to have in your social media marketing arsenal.



Barron’s Conferences are always popular and they have their own custom hashtags and a Twitter account @BarronsSummits. Attendees always make the most of their Top Advisors conference custom hashtag #BarronsTIAS.
Conway Wealth nailed live tweeting at this year’s conference:

Top points for @ConwayWealth who tweeted an image from a presentation with the speaker’s twitter handle and the event hashtag.

At events it is great to share human interest images of your attendees with other attendees.

T. Rowe Price used the custom hashtag to promote their booth with a clear call to action:
T. Rowe Price
For this year J.P. Morgan went all out on social media to promotes their corporate challenge events with hashtag, #JPMCC. They took a smart multi-channel approach, posting the event hashtag on their Twitter and Instagram accounts:
J. P. Morgan show off their social media savvy skills by sharing video on Instagram.

They even created a Snapchat filter for the London event and promoted that on their Instagram.
Attendees got involved with the hashtag sharing their own picture across social with the hashtag #JPMCC
Check out this Twitter post from @DSTtalks:
And this Instagram post from steph_davis26 a #JPMCC winner:
For more on event marketing and social media you should check out this infographic.
You could even make the hashtag itself an event. Like Deutsche Bank’s #dbnumber of the day on their Twitter:
Social selling benefits: encourages client engagement, promotes positive brand image.

3. Create a series

If you want to tackle a broad topic instead of making one large report split the topic into a series of blog post or videos. This will provide you with a steady stream of posts to share across social platforms.



Schroders have recently posted a series of videos from their knowledge centre incomeIQ to their YouTube channel.
Social selling benefits: This encourages visitors to stay on your site and engage with multiple different posts. Encourages return visitors.

4. Direct to your company website



We’ve already seen how Schroders did this on their YouTube for the incomeIQ videos. Let’s have a look at how Financial services are linking up their social bios.
Look at how Deutsche Bank shares links in their Twitter bio as well as the designated link section:
Vanguard have taken advantage of Facebook’s ample about section to share multiple links:
Social selling benefits: Drives website traffic

5. Competitions

Setting up competitions for clients and users on social media is a sure fire way to promote client engagement and it will give you some user-generated content. Plus it is never a bad idea to reward your clients.



Allianz recently hosted a #ThoseWhoDare competition on their Instagram. Entrants who posted a photo with the hashtag #DareTo and an image related to courage were entered into a prize draw to win a trip to New York.
Allianz placed a competition affiliated hashtag in their bio followed by a call to action. Call to actions promote user engagement. They put the competition T&Cs as the account’s follow through link throughout the competition’s duration.

Allianz Instagram bio
Instagram savvy Allianz uses a call to action and provides T&Cs.

The competition provided Allianz with a pool of user-generated content to re-post. Promoting the brand-affiliated hashtag and the competition itself. In turn this promoted their brand in general.
Allianz Instagram competition
Allianz re-posted user entries to promote the competition.

Remember to make sure your content fits to the social platform. This competition works for Instagram, it allows Allianz to target millennials by presenting themselves as a company that encourages out-going and thrill-seeking youthful behaviour.
Social selling benefits: Builds a positive brand image, promotes customer loyalty..

6. Create initiative specific accounts

This is another way to build up a positive brand image. Perhaps your company supports a charity or runs a beneficial programme. By giving these initiatives their own account you can broaden the reach of your brand.



Citi bank have specific social accounts for their Citibike initiative in New York.
Including Twitter:
And Instagram:
Great opportunity to repost, and engage with users.
As well as repost to the companies main Instagram:
Citi reposts Citibike
Social selling benefits: Builds a positive brand image, promotes customer loyalty.

How to repost to Instagram

Although Instagram does not have a retweet button equivalent there is no need to miss out on great engagement with these Instagram hacks:

  • You can screenshot the original post, posting the image to your account.
  • Use a repost app such as Repost it!
  • Always remember to credit to original account by tagging them in your repost.

For more detailed information on Instagram reposting see this article.

7. If in doubt use disclaimers and T&C’s

In amongst all the fun it is important to keep compliance and regulation in mind.



J.P. Morgan use the one link opportunity in their Instagram bio to direct the user to a terms of use document. And that’s coming from the brand that’s embraced not only Instagram but Snapchat too!
Remember Deutsche Bank’s Twitter bio?
The first link in their bio leads to a netiquette page (that’s network etiquette or a terms of use page to you and me).

Part of Deustche Bank’s disclaimer on netiquette page

Social selling benefits: Helps you keep compliant.
Let us know your favourite ways of using social media to engage with clients and prospects in the comments below or on Twitter.
If you work for an asset management brand that is Twitter savvy don’t forget to join our Asset Managers Power 100 to discover just how socially successful you are!