What are the benefits of using social media for business?
Social media Social networking websites Social networking websites allow individuals, businesses and other organizations to interact with one another and build relationships and communities online. When companies join these social channels, consumers can interact with them directly. The Internet's ability to reach billions across the globe has given online word of mouth a powerful voice and far reach.
The ability to rapidly change buying patterns and product or service acquisition and activity to a growing number of consumers is defined as an influence network.
Social media marketing then connects these consumers and audiences to businesses that share the same needs, wants, and values.
Through social networking sites, companies can keep in touch with individual followers. This personal interaction can instill a feeling of loyalty into followers and potential customers. Also, by choosing whom to follow on these sites, products can reach a very narrow target audience.
Through the use of new semantic analysis technologies, marketers can detect buying signals, such as content shared by people and questions posted online. An understanding of buying signals can help sales people target relevant prospects and marketers run micro-targeted campaigns.
Over the years, the Internet has continually gained more and more users, jumping from million in all the way Social media plan 3. Mobile phones have grown at a rapid rate, fundamentally altering the path-to-purchase process by allowing consumers to easily obtain pricing and product information in real time  and allowing companies to constantly remind and update their followers.
Social media plan companies are now putting QR Quick Response codes along with products for individuals to access the company website or online services with their smart phones. Retailers use QR codes to facilitate consumer interaction with brands by linking the code to brand websites, promotions, product information, or any other mobile-enabled content.
In addition, Real-time bidding use in the mobile advertising industry is high and rising because of its value for on-the-go web browsing.
Adfonic, another mobile advertisement publishing platform, reported an increase of 22 billion ad requests that same year. Mobile media consumption such as mobile audio streaming or mobile video are on the rise — in the United States, more than million users are projected to access online video content via mobile device.
Mobile video revenue consists of pay-per-view downloads, advertising, and subscriptions. As ofworldwide mobile phone Internet user penetration was Passive approach Social media can be a useful source of market information and a way to hear customer perspectives.
Blogs, content communities, and forums are platforms where individuals share their reviews and recommendations of brands, products, and services. Businesses are able to tap and analyze the customer voices and feedback generated in social media for marketing purposes;  in this sense the social media is a relatively inexpensive source of market intelligence which can be used by marketers and managers to track and respond to consumer-identified problems and detect market opportunities.
For example, the Internet erupted with videos and pictures of iPhone 6 "bend test" which showed that the coveted phone could be bent by hand pressure.
The so-called "bend gate" controversy  created confusion amongst customers who had waited months for the launch of the latest rendition of the iPhone. However, Apple promptly issued a statement saying that the problem was extremely rare and that the company had taken several steps to make the mobile device's case stronger and robust.
Unlike traditional market research methods such as surveys, focus groups, and data mining which are time-consuming and costly, and which take weeks or even months to analyze, marketers can use social media to obtain 'live' or " real time " information about consumer behavior and viewpoints on a company's brand or products.
This can be useful in the highly dynamic, competitive, fast-paced and global marketplace of the s. Active approach Social media can be used not only as public relations and direct marketing tools but also as communication channels targeting very specific audiences with social media influencers and social media personalities and as effective customer engagement tools.
However, social media websites can target niche markets even more precisely. Using digital tools such as Google Adsenseadvertisers can target their ads to very specific demographics, such as people who are interested in social entrepreneurshippolitical activism associated with a particular political party, or video gaming.
Google Adsense does this by looking for keywords in social media user's online posts and comments. It would be hard for a TV station or paper-based newspaper to provide ads that are this targeted though not impossible, as can be seen with "special issue" sections on niche issues, which newspapers can use to sell targeted ads.
Social networks are, in many cases, viewed as a great tool for avoiding costly market research. They are known for providing a short, fast, and direct way to reach an audience through a person who is widely known. For example, an athlete who gets endorsed by a sporting goods company also brings their support base of millions of people who are interested in what they do or how they play and now they want to be a part of this athlete through their endorsements with that particular company.
At one point consumers would visit stores to view their products with famous athletes, but now you can view a famous athlete's, such as Cristiano Ronaldolatest apparel online with the click of a button.
He advertises them to you directly through his Twitter, Instagram, and FaceBook accounts.
Facebook and LinkedIn are leading social media platforms where users can hyper-target their ads. Hypertargeting not only uses public profile information but also information users submit but hide from others. Engagement In the context of the social webengagement means that customers and stakeholders, such as consumer advocacy groups and groups that criticize companies e.
Each participating customer or non-customer or citizen who is participating online via social media becomes part of the marketing department or a challenge to the marketing effortas other customers read their positive or negative comments or reviews.
Getting consumers and potential consumers or citizens to be engaged online is fundamental to successful social media marketing. New online marketing concepts of engagement and loyalty have emerged which aim to build customer participation and brand reputation. The first is proactive, regular posting of new online content digital photosdigital videostext and conversations, as well as the sharing of content and information from others via weblinks.
The second part is reactive conversations with social media users responding to those who reach out to your social media profiles through commenting or messaging  Traditional media such as TV news shows are limited to one-way interaction with customers or 'push and tell' where only specific information is given to the customer with few or limited mechanisms to obtain customer feedback.As a social media marketer, a big part of your job is to build awareness of your brand and drive conversions on various social channels.
This could mean creating an engaging video for Facebook. Organize All Your Photos and Videos Keep all of your Instagram content in one place and accessible on any device. Import Media from Anywhere. Sync photos and videos from your phone, desktop, Google Drive, or Dropbox.
Social Accountability International's Annual Report. Social Accountability International (SAI) is one of the leading global organizations working to advance the human rights of . FORMED On Demand is a revolutionary online platform providing access to the best Catholic audio talks, movies, e-books, and video-based studies from trusted providers like the Augustine Institute, Ignatius Press, Catholic Answers, the St.
Paul Center, and more. Benefits of social media for brand building 1. Increase brand awareness. With nearly half of the world’s population using social media platforms, they’re a natural place to reach new and highly targeted potential customers.
noun Strategy / A plan of action designed to achieve a long-term or overall aim. First, you need to understand what a strategy is, and isn’t it.
A strategy should define the main aim of your social media presence and set the parameters for what it will deliver and how it will be delivered. It will.