The utilization of social media platform and
websites to promote a product or service. The built in data analytics tools are
in most of these social media platform result to enable companies to track the
progress, success and engagement of ad campaigns. Social media marketing
is helpful in the addressing a range stakeholders which involves current and
potential customers, current and potential employees, journalists, bloggers and
the general public. To use effectively the social media effectively, firms should
learn to allow customers and internet users to post user-generated content
(e.g. online comments, products review etc. also known as “earned media”rather
than use marketer-prepared advertising copy.
As of 2016, a range of not for profit
organizations and government organizations are engaging in social media marketing
of their programs or services. In 2014 the business expert has felt the Social
media as the integral part of their business. Business retailers have found
133% increase in revenue through social media marketing. Social media can be a
useful source of market information and a way to listen customer perspectives.
Blogs, content
communities and forums are platforms where individuals share their reviews and
recommendations of brands, products and services which come under active
approach of the social media
marketing. The passive approach of the social media
marketing includes public relations and direct marketing tools but also communications
channels targeting very specific audiences with social media influencers and
social media personalities and as effective tools meant for customer
engagement. Face book and LinkedIn are
leading social media platform where users can hyper-target their ads.
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