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Significance of social media and its impact
Social media's impact on business
Social media as a tool of advertising
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Recommended: Significance of social media and its impact
The importance of social media today cannot be underestimated, whether for business or personal connections. Used as a business tool, a strong social media presence can enhance brand loyalty, ensure brand commitment and importantly, drive direct sales. However, there are some glaring (but often over-looked) tips that prove fatal to the process of using social media as a tool for driving direct sales (if they are ignored). Outlined below are the 5 (five) most notorious.
Think And Use Social Media As A Search Engine
Too often, social media users simply update their statuses or profiles without any thoughts besides driving engagement or keeping their existing followers entertained. Accordingly, little thought in placed on prospective followers or even customers/clients who may be interested in a service or product
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Accordingly, you should exercise restraint and post at most three (3) times a day (with the exception of Twitter) where you can productively tweet much more frequently.
Focus On Content That Will Attract/Captivate The Attention Of Your Ideal Clients/Customers
It does not make sense to update your social media accounts on a regular basis with content that will neither attract nor captivate the interest of your target audience or ideal customers/clients. If you however insist on doing this, it is quite clear that you'll fail faster online than you imagined - especially in the business of making sales off social media.
To ace sales and get both existing and new followers interested about your offers, you'll need to publish updates that attract and captivate their attention on a regular basis; updates that address their problems and position you as an authority that can help them address their (greatest) challenges. Once you achieve this, selling your products/services via social media will become exceptionally easy - and painless.
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Even though social media does bring out the best in people like their personality, creativity and own personal life and achievements. It also brings out the worst in them. A side we haven’t discovered before. Anyone who uses social media should alway think about the purpose of this post, comment or tweet, am I being truthful in this post, comment or tweet? Could this post, comment or tweet affect me or the others
Social media in marketing is beneficial to any company in that it helps businesses organize control, and streamline communication and information, and help companies to better promote their brand (Paus, 2013, p.77, 78, para. 13). Social networking is not a bad way to promote a business or an organization but there has to be strategy implemented to monitor the images and information that can potentially foster negative perceptions of the
Social networking websites, such as MySpace, Facebook and Twitter, have blown up immensely in just a short span of about 5 years; most people nowadays have found that these and other social networking sites have become a “necessity” in their lives and must constantly be checking in on them. Social networking sites such as the ones mentioned above allow anyone to make new friends, reconnect with old ones, and blog just about anything under the sun. For that and many other reasons it is not unusual nowadays to hear people talk about their status updates, picture uploads and the friends they have made on social networking sites on a regular basis. Social networking sites seem like easy ways to make new friends or to express one’s feelings. Since
This world as we know is heading towards a more virtual era, where everything we need to know is under the palm of our hands. We have many devices such as smart phones, tablets, computers, which gives us access to an infinite amount of information. This virtual life style we are becoming accustomed to introduced us to social media. An increase amount of interaction is being built between known and unknown users from all around the world. Social networks such as Facebook, MySpace, twitter, and even tumbler have become an everyday routine of our daily lives. In this modern society, all these social media websites have brought about a significant amount of impact in many of us. It has really influenced its users on how to conduct their lives.
Social media is known as ‘Collective of online communications channels dedicated to community-based input, interaction, content-sharing and collaboration.’ Rouse, M. (2012) It is a method of marketing and selling that businesses must make good use of in order to match or surpass their competitors. Although a relatively new phenomenon, social media is rapidly turning into a vital part of the modern marketing mix. Most businesses now have a social media based platform and managing a flexible presence on each of the "BIG THREE" (Facebook, Twitter and Google+), has become a must for any business aiming to sell or promote their business.
Every day we meet a lot of people have seen their behavior, listen to what they say, think about them, try to understand them. We feel that we not only see what color eyes and hair of a person, tall or not, thin or full, but also sad to him or fun, smart or stupid it, solid or not and so on. Over the past decade, social media has seen growth to the point where it is reflects in our daily lives and even the lives of those who choose not to use it. Anywhere we go online, there are always buttons to click so that you can share something on Facebook or pin it to your Pinterest account.
Social media in marketing is used as an apparatus that builds an identity for a brand and gives awareness that they thought they could have. It does not only respect buyers, but also customer allegiance. Social media is widely-ranged so it can be used in whatever way that best conforms to the strategy and wants of the business. In accordance to the social media marketing report of 2014, a considerable (64%) of marketers use social media for at least 6 hours or more and 41% for 11 hours or more weekly, more importantly nearly (19%) of marketers use up to 20 hours each week on Facebook, Twitter, LinkedIn, Instagram and many more. The report also showed 7 social media platforms that led in 2014 which are Facebook, Twitter, LinkedIn, Google+, Youtube, Pinterest and Instagram.
Platforms such as Facebook and Twitter allow users to access company information, photos and employees as well as ask questions and express personal experiences with the company. It also allows potential employees to understand the vibe of the organization and gain a deeper and more personal understanding than a website. However, with social media, it is important to not ove...
Social media is an outlet that allows a company to introduce new products, control the speed of how they want to introduce their products and free advertisement. Sending out a tweet or putting up a status would let your customers know about a product that is released. This benefits companies because they spend less money on televised commercials, which takes more time to produce and will not reach as many generations that it could by using social media. Any social media site is free, and it takes less than 10 seconds to put out a post on any website. Facebook has also launched Facebook advertisements, which assist advertisers by showing advertisements to a user based on demographic factors, such as location, age, or gender, and which can further engage the audience by incorporating social context into advertisements, such as displaying when someone’s friend has liked an advertiser’s Facebook page (Li, Lin, & Chiu, Fall2014) . There is nearly 100 million daily active snapchatters and growing. Teenagers are constantly on their phones checking their pages so there is no way they will not know about the product being released. Marketers can discover potential customers for market positioning by filtering the content that online users mention or discuss (Li, Lin, & Chiu,
The first advantage of using social media in business is increasing brand awareness. Social media can help business to build their brand awareness by increasing interactions with a business brand. Brand awareness means the total percent of a target people who know the company exists and what the company offers of products or services. When the brand awareness is increased, the possibility of buying is increased. Thus, efforts should be made to make the brand a part of the consciousness of customers. For example, Coca- Cola is one of the best companies that enjoy unusual...
Social Media has evolved magnificently since the first email sent in 1971. Social media is any form of website or application which enables us to share content with one another with a simple sharing tool. Social media has become an addiction for most, if you were to ask the average student if they were connected to a social networking site, about 73 percent would reply with a yes. In addition, about 63 percent of people log on to a social media site daily and on average 40 percent log on multiple times a day. Everyone has their own reasons for the use of social media, which could include shopping, research, or other personal reasons like venting and status updates.
Since social media users grow larger and larger, many companies take the opportunities of using social media marketing to reach more customers. Companies use social media marketing in order to achieve marketing communication and branding goals. Social media allows companies to see what prospects are saying about their brands and competitors. It also allows companies to build deeper relationships with existing customers that drives them to purchase again and again. Not only it can help them generate new leads, but it allows them to build deeper relationships with existing clients that drives them to purchase again and again. It has become common for businesses to branch out and experiment with multiple networks with the aim of reaching the maximum amount of costumers.
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Social media avenues are a new, upcoming, and popular way to advertise for businesses and for people to connect to each other. Alexis Ohanian once said that "Being effective at social media, whether for business or personal use, means capturing people who have short attention spans. They 're only a click away from a picture of a funny cat, so you have to make your thing more compelling than that cat. And that can be a high bar." (Ohanian) Powerful usage of social media can have a big impact.