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The benefit of social media
Social media advantages
Benefits for social media
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Social media is the trend in Africa today. Today, many businesses in Africa are now using social media for their businesses. This is known as Social Media Marketing. Neti (2011) in her article describes Social Media Marketing as “the attempt to use social media to persuade consumers that one's company, products and/or services are worthwhile.” Again, Lazer and Kelly’s (1973) adds that " It is also concerned with the analysis of the social consequences of marketing policies, decisions, and activities" as cited by Neti in her article (pg.3). Social media in the twenty-first century has helped marketing activities in the continent. Although social media marketing has its challenges, it has contributed immensely in the development of Africa’s productivity, …show more content…
A look at the Digital 2017: Global Overview report, tells us that 7 out of the 10 fastest growing internet populations in the world is from Africa. It states that the use of social media increased by 50% in 2016 and that less than one out of three people in Africa use social media. As the numbers keep growing, more people and businesses have come to agree to social media marketing. Businesses have been able to sell more than they would compared to the traditional method of buying and selling. It is also easier and faster. Social Media Marketing has enabled businesses in Africa to produce more in less time spent and an increase in productivity increases per capita income of any country. It is arguable that social media has encouraged fixed prices for goods and services offered except for some discounts on certain sales. I still argue out that more people still patronize social media marketing because it gives them value for their money’s worth and even so consumers can still make their voices heard about the pricing of goods and services. Thus, social media has promoted buying and selling …show more content…
Gómez and Assaad (2011) in their article posed some challenges faced in social media marketing. The article argues that as much as users and customers can praise and share the good of the company, they can equally share the bad (pg.20). There is so much competition among businesses today. While they are trying to reach brand awareness, they are also on the lookout for loop-holes in other companies. Consumers want to be satisfied and anything less than that is a breach of their satisfaction. They comment and share their experiences as it is. It also points out that privacy and personal issues have to be dealt with. These are challenges that can be dealt with by the businesses that are involved in the marketing. They may not entirely be solved but they can be managed from the companies
The 21st century world has witnessed perverted ascription to social media marketing sprouting from the fact that most people have migrated to their online cocoons. To succinctly integrate these online communities into their marketing campaigns, organizations have devised social media marketing campaigns geared towards either blogging, websites, or platforms like face book and twitter. However, there is need to adhere and evaluate the legal implications of social media marketing activities by these organizations. This paper presents responses to five questions raised on social media marketing.
“Given that teens now spend so many hours surfing the Web, and far fewer hours watching television than previous generations, it’s not surprising that intense peer-to-peer promoting has emerged and flowered online” (Quart 39). These words of Alissa Quart from Branded: The Buying and Selling of Teenagers perfectly describe the evolution of marketing, which is now known as social media marketing. Social media is an electronic communication system in which people create online communities to share information, personal messages, and other content. Even though social media enables the spread of unreliable and false information., social media is beneficial to today 's society, because sites such as, Twitter,
The location and vast array of natural resources in Africa have led it to settled and exploited by many Asian and European countries in the past. The events in Africa’s past have greatly influenced its political, social, and economic well being today. Africa is situated below the continent of Europe and is west of the continent of Asia. It is boarded on its north coast by the Mediterranean sea and lies in between the Atlantic and Indian oceans. Because Africa is almost completely surrounded by water and near large trading areas like the Mediterranean, it became very susceptible to colonialism from European and Asian countries. Colonialism and the discovery of natural resources in Africa’s past have caused the volatile political climates, social inequality and economic opportunities, that are seen throughout Africa today.
The term “Social Media” refers to “a group of Internet-based applications that build on the ideological and technological foundations of Web 2.0, and that allow the creation and exchange of User Generated Content” (Kaplan and Haenlein, 2010). It has become indispensable and significantly changed the way people do business, socialize and interact with brands. Consequently, firms began to invest in social media in the hope of reaching existing and potential customers or maintain credibility and reputation. However, some managers still hold scepticism and criticism on the return on investment (ROI) of social media. According to The Sunday Telegraph (2011), the investment in social media marketing by financial service companies such as banks had declined drastically since the end of 2011, because they were worried about the transparency brought by social channels and the possibility of generating negative returns. This means companies begin to withdraw promotion through social media when they are unsure or cannot control the consequence. Nevertheless, the ROI of social medi...
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.
Marketing through Social Media (Exploratory Essay) Throughout the ages there have been many intriguing ways that businesses have portrayed their product or services for accessibility. Recently, businesses have been researching how to market the businesses product through the World Wide Web. With websites such as Facebook, Twitter, Instagram, it started becoming popular within the past 20 Years. People have started to rely heavily on the internet over the past decade, whether it be for searching for information on products or people.
Social media is at the core of many marketing plans for corporations in the United States and world-wide. One of these companies at the forefront of social media use is Wells Fargo Bank, N.A. (Wells Fargo). The ability to directly contact customers and potential customers in a real time online environment is crucial to the bank / customer conversation and reinforcing the company’s place in a customer’s mind as the entity that they want to do business with (Wells Fargo Bank, 2014). This case study will discuss the current status of Wells Fargo’s use of social media as a means to building their customer base. Additionally, historical information on the process of the marketing move to social media will be presented and the development of the roles that are involved in this marketing strategy will be discussed. The impacts to the public sphere and society at large will play into the discourse of the social media topic and finally, the underlying theories will be discussed as they pertain to Wells Fargo and social media.
Among the billions of social media users, there is a percentage dedicated to businesses who use social media as part of their marketing strategy. The sheer number of people who use services like Facebook and Instagram on a daily
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
Although social media has provided todays society with instant forms of communication and ways to connect, it also created a new standard for living and has caused problems for many groups of citizens in all walks of life and has caused society to re-think its usage. There are two views about social media, either. It is a positive addition to society and its benefits outweigh the risks, or that social media causes more harm than good and it’s usage should be limited. 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 helps businesses attract new business and correspond more quickly with their existing customers.
Dictionary.com defines society as “a highly structured system of human organization for large-scale community living that normally furnishes protection, continuity, security, and a national identity for its members” (Dictionary, n.d) I was born and raised in Nigeria which means Nigeria is part of my society. The Nigerian government is democratic in nature.
Today 's generation is all about social media. It is the new way to have instant connection to thousands all over the world. Today 's company are now doing less traditional television, radio, and print advertisement and more promotion via Twitter, Facebook and/or Instagram. Companies are invested in getting famous people to post pictures or tweet about their products, knowing that, one person can connect with millions with just one post. Over half of the world has access to social media, making them great consumers. Social media benefit marketing by giving the companies the opportunity to learn their audience/consumers, having access to instant feedback and bring awareness to here product.
The writer finds social media is important in her current organization, Modern Business Concepts, Incorporated (MBC). With small business organizations such as hers, social media is important in spreading information on who the company is and what they do. Also as a business-to-business sales and marketing company, spreading the word is important in gaining customers and potential employees. Ucok (2014) uses research and experiments to prove how social media is essential to marketing. These platforms were essential in Ucok’s research, resulting in higher response with marketing campaigns proving “the importance of social media in marketing strategy and communication” (Ucock, 2014, p. 95).
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.
Social media marketing is a new trend of marketing where different Businesses have taken to social media sites to market and promote old and existing products and brands or create more awareness of their new products. Facebook and Twitter are the two most well known sites where firms market and promote themselves. Over one billion users worldwide use both sites everyday; from averages Joe’s to famous celebrities. Such is the power of each social media site that one post can make or break you.