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Social Media Management Strategies For SMEs

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Hey Entrepreneur,

Do you want to maximize your business's presence on social media? In this newsletter, we'll share simple social media strategies tailored for small and medium-sized businesses. Learn how to effectively engage customers, acquire new ones, and leverage ads to grow your business.

Social media marketing is essential for small businesses. To succeed, understand your audience, post consistently, and focus on short videos for engagement. Respond to followers, use social platforms for sales, and showcase local culture. Read more!

Small businesses can acquire customers through social media by choosing the right platforms, creating engaging content, promoting user-generated content, partnering with other brands, and collaborating with influencers. Read more!

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Give Your Business The Account it Needs To Succeed

Having an Absa business bank account sets your business up for success. By allowing you to keep your personal and business finances separate, you can keep track of all your business expenses and incomes.

What is a Business Evolve Account:

A day-to-day transactional account for small and medium enterprises (SMEs), as well as commercial businesses, that allows you to receive and pay funds via the various Absa channels. With benefits like a debit card, connected banking, the Absa Banking App, a Liquidity Plus Account, and a Cashflow Manager.

Documents required to open a Business Evolve Account:

  • Copy of all business partners’ identity documents and proof of address.

  • Proof of physical address of business or an affidavit for a sole proprietor.

  • Bank statements for the past three months required from businesses with existing credit facilities switching from other banks.

  • Company registration documents.

  • Company resolution.

Features of the product:

  • Debit card: Assist with day-to-day transacting or purchasing requirements. Multiple debit cards can be issued.

  • Transacting channels: 24/7 access to Absa Online and the Banking App.

  • Demand Call Account: Liquidity Plus is an interest-bearing account, with immediate access to your account balance.

How can you transact:

  • Electronically: With debit cards, at ATMs and self-service electronic banking channels.

  • Branch: For teller-facilitated transactions.

 For further information, please visit the Absa website or call our call centre on 0800 227 592.