In today’s society, many businesses are using commercial websites to get their name out in the public. “Social media is now a crucial part of any successful business marketing plan” (Kiripatea). Businesses need to use the right social media platform to bring in the most revenue. A popular social media website is Facebook, Facebook sponsors ads for products, services and businesses. If a business was to put an ad on Facebook, there would be a greater chance of increase in revenue due to how many people log onto Facebook every day.
With Kraft’s marketing planned accordingly, it created word-of-mouth awareness,... ... middle of paper ... ...se the millennial use of social media, they are the primary target audience for businesses. “Teens and young adults who now publicize and publicly state their likes online are essentially doing what earlier generations did with posters and T-shirts” (Mitchell). Businesses are essentially provided free publicity, therefore increasing the sale force. “Millennial’s more and more define their worth through the number of "likes," "follows," and "re-tweets" they achieve” (Mitchell). With these features, consumers create their own brand.
Social media networks also provide tools that can be used to determine the successfulness of an advertisement. If used incorrectly a company’s reputation could be at stake and they could potentially lose a lot of loyal customers. Advantages of Social Media Advertising Companies have found that there are several benefits of using social media networks to advertise what they are selling. Like all advertisement strategies, the main advantage of social media advertising is a potential increase in revenue. Another big advantage of using this advertising platform is that companies are now able to reach a significant amount of consumers without using too much effort.
This method is used to “gain mutual understanding and find a win-win common ground” between brand and consumers, and develop a more long-term relationship beyond just sales (Straubhaar, 300). From Facebook posts and Tweets to Youtube videos, each channel offers a distinct venue for brands to share its content with consumers on platforms they frequent. Each of these social channels help develop the brand’s overall aesthetic and personality, giving consumers a more personal connection with the brand. In return, social media provides consumers with the ability to engage directly with the brands they take interest in, 24/7. Consumers can “favorite” or “like”, share, and post comments on brand posts which can increase brand awareness and spread their message.
It also became viral, because it brought a lot of happiness to the people. (http://www.1stwebdesigner.com/design/youtube-viral-marketing/) As we can see social media such Facebook and YouTube are having a big impact on consumers, on how they receive messages. Today, it is much harder for marketers to control public perception of their brands. Social media gave an opportunity to users to talk about products twenty four-seven. So rather than ignore Facebook and YouTube as something new and unknown companies should use it as a great opportunity to make their products more interactive.
Social networking sites act as word of mouth... ... middle of paper ... ...lowers’ home pages. Messages can link to the product’s website, Facebook profile, photos, videos, etc. This link provides followers the opportunity to spend more time interacting with the product online. This interaction can create a loyal connection between product and individual and can also lead to larger advertising opportunities. Twitter promotes a product in real-time and brings customers in.
Make a compelling content, post it to social media sites, and if they like it, they will share it. The more your content is shared, the more you'll build backlinks. Best of all, you'll only do this once per content. Reduce your overall marketing costs Facebook and Twitter is free to use, all you need t... ... middle of paper ... ... if not for social media. If you use social media correctly, you not only get a boost in search engine ranking, improve in customer services, build an online personality, connect with business partners, and validate your professionalism and build connections are just some of the reasons you gain competitive advantage to those who doesn't use social media in their business.
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. There are many different social media sites, which
Social media has 3 advantages the Public Relations Professionals use to enhance the perception of a brand; “Free” sites to advertise and promote, build short distance relationships with your audience, and increasing exposure of your brand, company, or product. Social media is about relationships as much as tactics and techniques. A strong human element to your brand will help customers trust your credibility and perspective. It has become imperative for a journalist, companies, and organizations to use Twitter, Facebook, or Instagram to get breaking news out faster and promote their publications. You can update your hourly about an event, new item, community involvement, or etc, and easily get out your message.
Irem Eren Erdogmus and Mesut Cicek, says that how effective is the social media marketing for building up the brand loyalty of the consumers. Loyalty towards a brand brings in sales revenue, market share and profit towards an organization. With the help of a brand an organization can at least keep them in the marketplace. The researcher tells that there are various qualities that a brand must hold to shown that it is loyal towards its consumers. • To provide with an effective campaign • Give appropriate content what the consumer wants • Offers current content regarding a particular brand • Found on various platforms and provides applications on social media.