Amazon is a monster, but SMBs & smaller merchants can compete playing David to Amazon's Goliath. We discuss online marketing tactics to compete with Amazon.
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Martin (Marty) Smith's comment,
September 10, 2013 6:42 PM
Jimmy, your and the 80 or so other rescoops of this post convince me it will make a good post for @Atlanticbt. Thanks, Marty
Haley Evans's curator insight,
November 14, 2013 11:34 AM
Social media is one of the main forms of communications in today’s society. Whether it is between publics, consumers, or businesses, social media is an essential way of communicating with one another. Business are able to use social media in many different ways to help there company and to expand the company to different publics. By using social media companies are able to not only reach more publics, but have a better chance at becoming a well-known and successful company in the business and consumer world. One reason why social media is important for a business is advertising. In Adventure in Public relations, Guth and Marsh explain how much advertising can be done on social media and how affective it is in comparison to other Medias. Advertisement on social media can be run twenty four hours a day, seven days a week. It also shows the best of all types of media. The advertisement can show pictures, video, sound, and text. By using social media to advertise, your business has potential to reach consumers worldwide. When you are reaching consumers worldwide the chances of your company making it big increase significantly. On top of the advertisement being able to reach so many people, it is extremely cost-effective as well. Using cost-effecting is another important reason why social media is so important. It can be extremely expensive to print off thousands of flyers and brochures, or to place ads in a newspaper. A company can launch a new product on a social media site for free! To add to this by using social media the company is also able to be time efficient. When advertising or simply working to reach target consumers and publics, it is made easy with social media. On social media sites a company can advertise their products and launch dates on the screen, if a user likes a link or an add on their page they are able to follow the company and receive more promotions and ads to that company on their other social media sites. These platforms help to target the business’ audience and consumers more easily and efficiently. Lastly a huge perk of using social media for your company is that you are able to get timely feedback from consumers. Guth and Marsh explain that it is important to keep and a close following on the feedback that is given from consumers and when the company receives feedback, make sure to respond quickly and efficiently. |
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