role of social media in marketing
TRANSCRIPT
Social media
Social media marketing consists of the
attempt to use social media to
persuade consumers that one's
company, products and/or services
are worthwhile.
Role of social media in Marketing
Marketing:
The process of planning and
executing the conception, pricing,
promotion, and distribution of ideas,
goods, and services to create
exchanges that satisfy individual and
organizational objectives and make
profitable relationship with customers.
What is The Role Of Social
Media in Marketing? Social media gives marketers a voice
and a way to communicate with
customers and consumers. It
personalizes the "brand" and helps
you to spread your message in a
conversational way.
Most of you know view of marketing is
it's a tool we use to inform consumers
about our products, who we are and
what we offer. Social media does that.
What is The Role of Social
Media in Marketing? We can use social media to provide
an identity to our products or services that we offer.
We can create relationships using social media with people who might not otherwise know about our products or service or what our companies represent.
We can use social media to communicate and provide the interaction that consumers look for.
Advantages of Social media in
marketing Low cost representation of Ads-
Globally
Direct interaction with customers
Rectify relationships with customers
Quick feedback
Brand awareness
Increase in Sales
Information about products, prices andtheir uses
Differentiation generation
Disadvantages of Social
media Wrong Feedback
Privacy issues
Capturing wrong customers
False complaints
May be relationship destroyed