Preview

The Effective Use Of Social Media

Better Essays
Open Document
Open Document
1537 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
The Effective Use Of Social Media
Social media became more prominent in business world along the growth of social media. The study of the usage of social media in fortune 500 1and Inc. 5002 shows that large number of companies is very familiar to social media and adopts them to run their business (Barnes, 2010). Several kinds of social media are around nowadays, however, not all of them are effective in business. Although the adoption rate of social media is growing year by year, some kind of social media are declining such as Podcasting, message board, and blogging. The reasons why those social media are declining can be found in the difference of method of connecting people and perception between customer and companies. A company has to use right social media in the right way and understand what consumer want from them via social media. This paper will examine the difference between growing social media and declining social media; the benefit from increasing social media; and the perception gap between companies and consumers.
Types of social media
The social media allows companies to gain more awareness of their business and communicate with customers directly. Each social networking tool has its own specific features and functions in communicating method. In the case of using the social media in a business, companies have to understand their characteristic and consider whether it is appropriate or not, in order to maximize the use of the social media.
The Center for Marketing Research at the University of Massachusetts Dartmouth study the familiarity and adaption rate with six representative social medias: blogging, podcasting, online video, social networking tool, message board, and wikis (Barnes, 2010). The social media can be classified into two categories based on their characteristics:
1, Social network service, like Twitter or Facebook, is a social networking or micro blogging service, and information sharing tool. For example, the “share” feature in Facebook allows people

You May Also Find These Documents Helpful

  • Powerful Essays

    In light of this, this paper will discuss several reasons why social media marketing has become exceedingly popular among businesses of all sizes. It will also examine some benefits and pitfalls regarding business entrepreneurs in the context of social media. Furthermore, it will talk about an innovative strategy utilized by PepsiCo to glean customer insight as well as two other businesses who gained advantage in like manner. Finally, it will speculate the impact social media will have on businesses in the near future, and provide suggestive skills needed to get the most out of the changes surrounding it.…

    • 5061 Words
    • 21 Pages
    Powerful Essays
  • Better Essays

    In today 's society, we use the internet to get all our gossip, news, weather and do most of our shopping. So it is only fitting that we also use the internet and social media to check on businesses. Businesses use social media to do their advertising for products, goods and services. In fact they use social media to connect and build relationships with customers and future prospects. So what is social media? "Social Media is a new set of tools, new technology that allows us to effectively connect and build relationships with customers." (Safka, 2012) However,…

    • 1402 Words
    • 6 Pages
    Better Essays
  • Better Essays

    This paper will evaluate the reasons social media marketing has become exceedingly popular among business of all sizes. This assignment will analyze the advantages and disadvantages of social media marketing for business entrepreneurs. I will research two other businesses has utilized social media marketing. Lastly, this paper will speculate the impact social media will have on business over the next decade, while identifying the skills individuals need to improve in order to take advantages of the changes.…

    • 1235 Words
    • 5 Pages
    Better Essays
  • Better Essays

    In “An Examination of the Factors Influencing Consumers ' Attitudes Toward Social Media Marketing.?” Akar and Topcu point out that social media has become a phenomenon in marketing. (Akar and Topcu, 2011) Marketers are beginning to understand the use of social media as a component in their marketing and strategies and campaigns to reach out to customers. Promotions marketing intelligence, sentiment research, public relations, marketing communications, and product and customer management are marketing components that may utilize social media. Marketers are now realizing the benefits that social media has on the design and production of new and existing product and services. Each social media connection has an effect on marketing performance, so it is important to understand their associated importance and their interconnectedness.…

    • 1098 Words
    • 5 Pages
    Better Essays
  • Best Essays

    need Access

    • 596 Words
    • 3 Pages

    Narayanan, M., Asur, S., Nair, A., Rao, S., Kaushik, A., Mehta, D., & ... Lalwani, R. (2012). Social Media and Business. Vikalpa: The Journal For Decision Makers, 37(4), 69-111.…

    • 596 Words
    • 3 Pages
    Best Essays
  • Good Essays

    Over the years, internet has developed and nowadays every business help itself by using social media and every company market its products and services through…

    • 965 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Senior Paper Guidelines

    • 2907 Words
    • 12 Pages

    With social media being so popular and so widely used, companies should realize the potential benefits, which include access to many people, feedback, online word of mouth, and affordable advertising.…

    • 2907 Words
    • 12 Pages
    Good Essays
  • Satisfactory Essays

    Tonys essay

    • 574 Words
    • 2 Pages

    In this day and age, social media can be an extremely helpful tool for free advertising and building a customer base. It is tremendously important for companies, especially smaller companies that do not have the biggest budget for big time marketing. With the way society works today, social media is one of the most powerful and influential tools companies have available. Without the use of social media, companies would have a disadvantage in gaining cliental on the internet. Even if people have never heard of the company, if their “friends” on social media sites comment or “like” their page, then they can then be exposed to the company as well.…

    • 574 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    technology and business

    • 342 Words
    • 2 Pages

    Social media is being used more in businesses today. Not only does it allow a company to connect with a larger audience of people by simply making a page dedicated to their work, but it also grabs the audience's attention, and also brings in people who might not normally associate with their particular line that they do. On Social media you are able to showcase pictures, statuses, and really connect with the ones who are loyal to your business.…

    • 342 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    Social Learning

    • 2320 Words
    • 10 Pages

    Over the past 10 years social media has become a part of our everyday live. From MySpace to Instagram just about everyone is only one degree of separation from social media. What was once just a source to stay in touch with long lost friends and family has evolved into a place for marketing, customer and product research, networking, informal learning, and real time interaction with peer’s and colleagues. Initially business only used social media for marketing and an avenue to reach out to their target market. However some organizations have found it essential to utilize this new technology to its full potential. In an article entitled Social Learning authors Matt Allen and Jennifer Naughton have conducted studies done to address how social media can and should be integrated into the business world. Allen and Naughton say’s “Baby Boomers are retiring, and predictions are that by 2014, half of the workforce will be Millennial. They have grown up using technology and expect it to be part of how they work. And, increasing numbers of individuals are adopting it.” (Allen, M., & Naughton, J.2011) Because social media apps are intergraded with just about every piece of technology the millennial generation have become accustom to using it daily.…

    • 2320 Words
    • 10 Pages
    Better Essays
  • Best Essays

    At the present, social media has become a very important element of business especially for the marketing purpose. Additionally, using the social media tools, techniques and channels (such as Twitter, Flickr, Facebook, etc.) companies catch more visitors and massive amount of network and operational traffic. In this way, without investing extra money companies are now able to get more clients, visitors and returning customers. In addition, the social media technology is the most excellent tool for the companies to promote their business, for example if a company is selling services, products or publishing ads, then social media is the most excellent method to make their website gainful in a minimum amount of time (Deepika, 2010). This paper will discuss some of the important aspects of social media and their influence on the current business industry. This paper will also outline some of the main advantages and disadvantages of the social media.…

    • 2035 Words
    • 9 Pages
    Best Essays
  • Powerful Essays

    Social Media Technology

    • 3427 Words
    • 14 Pages

    Bhanot, S. (2012). Use of Social Media by Companies to Reach their Customer. SIES Journal of Management,Vol. 8 (1) , 47-55.…

    • 3427 Words
    • 14 Pages
    Powerful Essays
  • Best Essays

    Every company in every industry to jump into social networks and change their marketing strategies by focusing on talking to customers aiming for deepened relationship. Nevertheless, not every business appreciates this new channel even though building the deepened relationship via social media is cheap and it means brand loyalty which can be referred to generate sale because brands will completely lose control and the power will shift to consumer side (Fournier and Avery, 2011) especially in a luxury-brand industry. However, to not become a part of social media can make brands absent from customers’ minds as well, so with many opportunities that companies could achieve through social media activities and bunch of risks that companies could have avoided are such…

    • 2968 Words
    • 12 Pages
    Best Essays
  • Better Essays

    Svatošová, V. (2012). Social media such as the phenomenon of modern business. Journal Of Marketing Development & Competitiveness, 6(4), 1-24.…

    • 1598 Words
    • 7 Pages
    Better Essays
  • Best Essays

    knowledge management

    • 3954 Words
    • 18 Pages

    analysis tool with data visualization for managers which significantly improves the process of customer segmentation. Presented research is supported by implementation of proposed approach by which experiments…

    • 3954 Words
    • 18 Pages
    Best Essays