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The impact of social media on businesses
Negative impacts of social media
The impact of social media on businesses
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business increases, thus income increases and trust will increase. Sites like Yelp help businesses to achieve greater customer numbers and income.
Reviews and feedback on social media are also having an impact on businesses on modern society by letting the consumer speak their opinion on a company’s product or establishment. While there are negative effects, they are minimal for large companies. On the other hand, for small businesses it can be the deciding factor between bankruptcy and expansion. Lou Dubois stated "It is important it is made clear to the influencer that they are free to say whatever they want about their experience with the company. Companies also need to be very mindful that influencers are people." (Dubois) With positive,
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Jenny Q. Ta wrote that "Many companies perform a background check on the internet before hiring an employee. If a prospective employee has posted something embarrassing on social media, it can drastically effect their chances of getting a job." (Ta) This supports the claim because some people feel that if workers post something inappropriate or outrageous on social media it may reflect poorly on their …show more content…
In conclusion, social media has many effects in society. An interview with a employee for the Red Wings showed the truth on his views and how he feels social media affects business in the Red Wings, he stated that “Social Media has a positive effect on business because it raises interest of customers on the off season also it encourages for fan participation/ communication with fans to provide a caring and trustworthy relationship" (Sciarratta). Most all effects are positive, however, there are some negatives. Overall the positives outweigh the negatives and because they provide help by providing increasing income and customer amounts. Businesses can use this to increase their overall customer base and income and see how the positives are very beneficial and the negatives are little to none. Social media has been shown to have a much greater positive effect to help businesses of all sizes so I encourage all businesses to utilize social media to help their business grow and
For example, Rosen states, “According to a recent survey by Microsoft, seventy percent of U.S. recruiters report that they have rejected candidates because of information found online,” (Rosen, Para. 3). Most of the time it is a necessity for companies to do online and background research on candidates because of wanting a safe environment to work in. Social media sites are the fastest way to see who a person truly is. But sometimes it can just be a character they posses because that’s what they’re followers want to see rather than their true self.
This is beneficial for companies, because now and days consumers want a great experience, and expect speed, meaning everything must happen fast, especially having to deal with problems. A McKinsey Global Institute study projects that, “the communication and collaboration from social media could add $900 billion to $1.3 trillion to the economy through added productivity and improved customer service”
There are also many added values and strengths of social media. One of them is that it establishes connections between the business and consumer and between the business to other businesses. This in return would increase in sales as well as a stable network of consumers and businesses. Another strength of social media is that it increases the exposure of the business. For most businesses, the more marketing that there is, the better it is for the business. An additional strength and added value of social media is that it establishes a more effective two-way communication. It allows the communication between the businesses and the consumers to be smoother and more efficient.
...ole in social media. Businesses are always on a hunt for the simplest and cheapest way to promote their company and their products. Social media has given them a way that is absolutely free and can be done within a minute. According to “Social Media Today” over 90% of small business owners have a facebook or twitter page which they use to both promote and encourage sales for their products. Not only promote their products, businesses are able to find out what their consumers want from them, using social media and receiving various comments and questions from the general public. None the less, business owners are able to find new costumers for their products which also help them encourage their sales. So as clearly seen business owners are able to increase their profit by using social media to reach out towards their consumers which helping stabilize the job economy.
A great example of this is described in David Kerpen’s book Likeable Social Media in his introduction he describes a vacation to vegas where he had to wait in line an hours at the trendiest hotel in town, the Aria, in his frustration he tweeted “No Vegas hotel could be worth this long wait. Over an Hour to check in at the Aria #Fail”. Just two minutes later a competitor of Aria called Rio hotel tweeted back, “Sorry about the bad experience, Dave. Hope the rest of your stay in Vegas goes well” (Kerpen 1). The hotel used social media to listen and empathetically respond to their consumer like a friend which gained them a customer for life and possibly countless others if Kerpen decides to endorse and recommend Rio on social media. This idea of endorsing business through social media is revolutionary as well as quite exciting and daunting for companies. Before if you had rave reviews about a company you would share it with 10 or 15 friends but now with one click you can share your thoughts with with 350 Facebook Friends, 300 twitter followers, or 150 LinkedIn connections (Kerpen 8), with that power the consumer can have positive or negative impact on that company's
In recent years, sports organizations and athletes are using social media more frequently as a tool to communicate with fans. Social media can be defined as the tools, platforms, and applications that enable consumers to connect, communicate, and collaborate with others (Williams & Chinn, 2010). Social media differs from other forms of communication such as radio, newspaper, and television because it supports user participation on a massive, collective scale. The contributions are also distributed among the participants to view, share, and improve (Williams & Chinn, 2010). For sports marketers, social media is the perfect tool to utilize when creating relationship-marketing campaigns. It’s also the perfect tool for athletes to use to brand themselves. There are several social media platforms that are available to these sports organizations and athletes. Facebook is used to provide information, post pictures and videos, and promote upcoming events. YouTube is an endless source of video highlights and bloopers. Twitter is a quicker source of information and requires less time and effort than the other social media options (Witkemper, Lim, & Waldburger, 2012). With positives also comes negatives, and social media unfortunately can have a negative effect among sports organizations and athletes. Because social media is still closing in on its beginning stages, professionals are still feeling out how social media works, economically and of course socially.
From the perspective of adolescents and teenagers growing up in such a hyper-connected world, having a smartphone just seems like a necessity, something that all parents feel obliged to giving to their child at a young age, should they have to contact them in case of emergency. But when can an item such as a smartphone turn into a device that sucks away confidence, self pride and the overall well-being of a child? A device that is making a child fear when it should be used in order to help them feel safe. This is what can happen when you introduce social media to children who do understand how to fully use it safely; who don’t understand the implications and consequences that come with silly mistakes made through social media but also don’t
This paper will discuss and identify the effects of social media, and what will make social media better through research on best practices. Social media is an imperative public relations tool for companies to utilize in their business practices. Social media cannot be regulated so anyone can say what they want about the company, whether it is good, bad or ugly. Social media is developing rapidly and there are new platforms daily, making it necessary for companies to not only be familiar with those platforms, but also know how to reach the consumer through them.
Sometimes the best way to see if your business needs help with social media is to get your hands dirt with a social media evaluation. Although you might not be a social media expert...yet, you can still use these questions to see how to improve your presence.
When you think about social media what do you think of. Facebook, Twitter, Pinterest or Vine. Well social media is more than that. Social media is not just Facebook, Instagram or Twitter. Social media is any online website that lets you interact with other people, share photo and information and keeps you updated. Or do you think about how it’s made a positive or negative impact on today’s society. In my personal opinion I think social media has made both positive and negatives impacts on today’s society .Some of the negative impacts are cyberbullying and addiction, and the positive impacts are spreading the word and increasing business sales.
Social media is a form of online communication channels devoted to society input, intercommunication, and cooperation. In social media, people can talk and interact without restriction, exchange and debate information with each other about their lives by using many different combinations of the words, personal multimedia, photos, and videos. Also, in social media, individulsa and groups can create, edit, comment on, and engage in personal conversations. There are numerous types of social media, for example, wikis, blogs, social network site, micro blogging services, and sites sharing media. At the beginning, social media was limited to a few networks sites, for instance, Bulletin Board System that allows people to communicate with each other and post a comment. Today, social media has transformed from ineffective sites to more useful and effective websites, for example, Facebook, and MySpace. Some companies are using social media to achieve their goals which is attracting more customers to company website. Three advantages of using social media in business are: raising brand consciousness, building customer relationships, and increasing performance measurements.
One thing social media does do well is built a relationship between the fans and the team (DiMoro). when the fans see and hear about things going on behind the scene makes the fans feel more involved and apart of the team. The real question is does social media help or hinder sports? Good or bad there is no denying that social media has an impact on sports.
Social media is the modern version of the paper plus more. In modern society technology runs the world and the same applies to advertising and a company’s success because social media can spread the word fast and get your business recognized by a lot more consumers. Social media is "A unique opportunity for companies to stay on top of mind with current customers and get on the radar of new customers on their preferred platform." (Zeckman) Social media has a positive impact on businesses because Zeckman claimed that due to the rise in social media, more businesses can become closer to their customers and develop the trust and security that they are the right brand for their customers. In addition, Zeckman stated all businesses can use social media to their advantage by social media to get customers more interested and thinking about their product and to get new customers drawn in by ads that if we’re not posted some people would have never heard of the business. In connection it has been shown in research and surveys that social media has a very important effect on modern businesses and Ashely Zeckman continues to support this because in her article she states that "70% of marketers found that social media activities increased traffic to their website while 75% of businesses engaging
Some of the ideas that are central to the idea that social media is a benefit to today’s society are that social media encourages increased communication with friends and family, provides fast access to breaking news and other information, and help business attract new business and correspond more quickly with their existing customers. Increased communication is important in all aspects of life. Keeping in touch with family and friends is easier than ever before. Whether it be a Facebook post or a tweet updating friends about exciting news or being able to see a picture...
Secondly, the social media has made it easier for businesses and business people such as bankers, business owners, brands, and even celebrities to communicate faster and to get things accomplished. Through social media interaction networks such as Twitter, Instagram, What...