A Study On Social Media Marketing Essay

A Study On Social Media Marketing Essay

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INTRODUCTION
T
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his chapter will present a prologue to the area of interest for this thesis. Background knowledge will be provided to the reader in relevance to the research purpose and milieu of the problem


Contextualisation
More than 250 million people are active Facebook users. More than 346 million people read blogs, and 184 million people are bloggers themselves. Twitter has more than 14 million registered users, and YouTube claims more than 100 million viewers per month. More consumers are connected than ever before and not engaging them in social media is a wasted opportunity, Zarrella, D. (2010:01).
Social media marketing was originally defined by Kotler and Zaltman (1971:05) as the design, implementation, and control of programs calculated to influence the acceptability of social ideas and involving considerations of product planning, pricing, communication, distribution, and marketing research.
Evans, D. and Bratton, S. (2008) defined social media as participatory online media where news, photos, videos and podcasta are made public, typically accompanied by a voting process to signal items considered popular. According to (Creative Market, 2014),social media marketing is one of the most effective ways to raise brand awareness and lead people to your company. Executed well, it can help you create a solid community, grow your business and enjoy success.
Fashion a multi- billion dollar industry, (TheNewYorkTimes, 2014) that influences the lifestyles of people all over the world. It forms a distinctive economic sector with the concept of luxury brands and its functionality running deep in its roots. It is a continuously growing industry which is selling fast and has a high appeal...


... middle of paper ...


...imited sources of academix research and literature on e marketing and social media strategies of fashion and luxury brands, making them fertile grounds for research. New social media tools presents new challenges for organizations looking to capture a global audience. The traditional marketing models that were used in the past do not fit anymore. In accordance, marketers need to react and find nouveau means of commincating with the consumers, to adapt their marketing strategies with changing times. However, owing to the relative newness of the subject, there is a lack of academic research and studies on organizations e-marketing behaviour . It is particularly interesting to note how companies enter social media sites as it can provide theoretical and practical knowledge to businesses, in order to guide them on undertaking appropriate actions while marketing online.

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