Use of Social Media for Business: IT Infrastructure Management
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This paper investigates the extent to which social media has a quantifiable influence on business performance. It explores the benefits of social media for businesses, the impact of social media on business growth and performance, and the influence of social media on business competences.
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Running head: IT INFRASTRUCTURE MANAGEMENT1 IT Infrastructure Management: Use of Social Media for Business Student’s Name Institutional Affiliation
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IT INFRASTRUCTURE MANAGEMENT2 Table of Contents Introduction.................................................................................................................................................4 Definition of Social Media..........................................................................................................................4 The Influence of Social Media on Business Competences..........................................................................5 Benefits of Social Media for Businesses......................................................................................................7 Impact of Social Media on Business Growth and Performance...................................................................8 Conclusion...................................................................................................................................................9 References.................................................................................................................................................10
IT INFRASTRUCTURE MANAGEMENT3 Abstract With the intensely globalized as well as competitively driven business environment social media plays a key role. In the modern business world social media is the gear for marketing. Social media has momentous impact on the business growth and performance such as improving brand awareness and increases sales among others. Keywords: Social media, Facebook, Twitter, Pinterest, LinkedIn and Marketing
IT INFRASTRUCTURE MANAGEMENT4 Use of Social Media for Business Introduction The current business world is technology driven hence social media have turn out to be a platform where traders can spread out their advertising campaigns to a broad assortment of customers. According toHassan, Nadzim, and Shiratuddin (2015)social media is acting as a marketing link between brands and users. In this regard, social media gears are gaining fame and are highly being used in daily operations of many corporations extending from start-ups, small and medium businesses to gigantic companies. However, despite the massive usage of social media, little is well-known regarding the detailed effect that these gears as well as technology have on business performance process. The essence of this paper is to go past listing the profits and shortcomings of social media tools and investigate the extent to which their application has quantifiableinfluenceonbusinessperformance.Astraditionalmarketingapproachesto consumers such as advertising using newspapers, and direct mail are becoming less and less effective, businesses are shifting towards social media to link-up with customers and persons who influence them. Indeed, methodologies as well as tools for interconnecting with customers have drastically transformed with the advent of social media (Turban, & Volonino, Wood, 2015). Consequently, business ought to learn what way to use social media in a manner that is stable with their business strategy. Certainly, this is particularly true for companies that are determined to gain a competitive advantage. Definition of Social Media In order to acknowledge social media as an advertising gear that it is significant for a trader to recognize each aspect of it. Social media cannot be appreciated minus first describing Web 2.0, which is a new tactic through which final users utilize the World Wide Web a place where
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IT INFRASTRUCTURE MANAGEMENT5 content is continually altered by all operators in a collaborative and shared manner (Ngai, Tao, & Moon, 2015). Wen 2.0 has advanced from just a simple information recovery to interoperability, interactive and collaborative platform. Social media is described as a collection of internet based apps that shaped on conceptual and high-tech basis of Web 2.0 that permit formation and interchange of user created content (Ainin, Parveen, Moghavvemi, Jaafar, & Mohd Shuib, 2015). Social media is all about distribution information with the objective of providing a more appropriate choice at the end. Social media conveys a broad range of word-of-mouth, online and mobileforumssuchasblogs,consumer-to-consumeremail,socialnetworkingwebsites, consumer service or product rating and business sponsored discussion boards and chat rooms. The Influence of Social Media on Business Competences According toParveen, Jaafar, and Ainin (2015)there are several latent aspects (business proficiencies) which are greatly impacted by Web 2.0 tools that eventually impact business performance.Thesefactorsincluderapidapplicationdevelopment,collaborationand communication, customer relationship management, knowledge management, innovation and training. Rapid application development: social media tools help to improve app improvement by incorporating third-party services and merging the prevailing technologies as well as applications into innovative businesses. These gears involve specialists, company employees, consumers and suppliers in product improvement efforts which speed them up. In addition, customers are engagedintheproductprogressprocessreducesrateofmiscarriagebyalargemargin (Guesalaga, 2016). Through social media it permits businesses the ability to modify and develop apps faster, support applications easier and advance on the modelling necessities.
IT INFRASTRUCTURE MANAGEMENT6 Collaborationandcommunication:Socialmediaplatformhavethecapacitytoenhance collaborationandcommunicationwithinandamongstcorporationshencefosteringfast internationalization of businesses as well as globalization of their operations. Web 2.0 have the capacity to reach out to many people faster, coordinate discussions, and harmonize tasks and projects. Customer relationship management: according toWang, Pauleen, and Zhang (2016)social media platformshavetransformedthetraditionalCustomerRelationshipManagement(CRM) processes. Social media helps to identify and solve consumer issues. It is possible to mine customers’ data through social media, capability to get customer feedback and also communicate effectively with consumers. Knowledgeorganization:Web2.0toolsenhancesknowledgeorganizationprocedures, knowledge creation and exchange. Through Web 2.0 tools it is possible to advance the transmission of knowledge among workforces within the organization. Also, social media gears with external attention on communication with the merchants and with clienteles. Innovation: novelty is a direct outcome of the interchange of concepts between specialists that is facilitated by user-produced and mass co-creation. Therefore, social media networks permit rapid novelties to appear on the market by facilitating continued communication between people with expertise in the business world. Innovation is analyzedthrough the capacity to improve innovative activities, and enhance success rate. Training: Social media gears influence training procedures because information has become user driven and organizations face changeovers toward user generated content, data sharing ad user experience.
IT INFRASTRUCTURE MANAGEMENT7 Benefits of Social Media for Businesses Some of the main business benefits include: Improvedcustomerservice:Socialmediapermitscompaniestorespondthecustomer’s complaints, concerns as well as questions almost promptly. Research has shown that consumers always want to be assured that in case they have a problem they can get assistance quickly. A study by Forbes indicate that approximately 70% of customers who acquire quick reply on social media are more probable to applaud such a product or service to other persons (Jones, Borgman, & Ulusoy, 2015). Improved consumer insights: through social media platforms a business is capable of getting an enhanced understanding of their consumers hence they can share their perceptions since they are conscious that the business pay attention to their concerns. Therefore, social media permits companies to see what prospective consumer’s views are and the network within them. Cost efficient: According toKumar, Bezawada, Rishika, Janakiraman, and Kannan, (2016)when a company operates on a static advertising financial plan, social media is the most cost-effective approach to market and advertise its products. Social media spots such as twitter, Facebook and Pinterest among others allow organizations to share their views at no expense at all, which makes social media an inexpensive marketing websites. Connectivity:Organizationsarealwaysconnectedtoconsumersintermsoflifestyles, exchanginglikingsandadapttotheevolvingcustomerinterest.Throughsocialmedia corporations are capable of taking care of the dynamic innovations and interests happening in the marketing campaign.
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IT INFRASTRUCTURE MANAGEMENT8 Establish brand awareness: It is possible to enhance brand awareness amongst consumers through social media, hence it helps to build the business image. Sales: With the amplified acquaintance on social media, it pushes traffic into businesses. Consequently, this transform prospective customers into authentic customers, hence swelling sales (Guesalaga, 2016). For example, the most notable social media examples include: Facebook: It is a popular open social interacting website which permit registered users to produce profiles, upload videos, photos, send messages and proactively keep contact with family, friends and colleagues. In regard to the recent studies from Nielsen Group, it was found that Internet users in the US spend the highest time on Facebook unlike any other sites. LinkedIn: It is a social socializing platform particularly designed for the corporate community. The objective of this site is to permit registered persons to establish as well as document network of the persons they know and trust jobwise. Impact of Social Media on Business Growth and Performance With the high rate at which social media is growing at, there is a tremendous influence on business as well as business marketing. Social media aid to develop business strategies. Popular website such as Twitter, Facebook, Pinterest and LinkedIn have provided huge opportunities for companies to win the customers attention and simultaneously build their brand image. These social media platforms allow organizations to use and exhibits numerous strategies by creating brand profiles such as sweepstakes, fun pages ad contests (Hassan, Nadzim, & Shiratuddin, 2015). Through social media it allows customers to show their likes and preferences to their friends, colleagues and family over certain products and services. Therefore, if one is not happy with a given product they can blog and write about it on several social networking sites. Indeed,
IT INFRASTRUCTURE MANAGEMENT9 with a strong online presence, businesses can counter such situations through their distinct innovative ways of their products and services. Conclusion Studies have shown that traders can intensify awareness of their brands by being innovative when engaging with consumers on social media sites (Wang, Pauleen, & Zhang, 2016). Currently, more customers are turning to using social media such as Facebook, LinkedIn, and Twitter among others depend on these sites for marketing shopping decisions, advertisement using social media is significant. Facebook is regarded as a better marketing avenues compared to other avenues since it stores information regarding all its users information hence it ensures that business marketing reaches specific retailer target market segment. Indeed, social media sites are at a great stage for traders to create as well as experience by using info stored on these sites to enhance user understanding and their brands. Task B (5 marks) a)Are any of the bold, coloured text matches in my self-check report missing in-text references?No. there is not. b)Do any of the bold, coloured text matches in my self-check report include more than three words in a row copied from the original source without quotation marks?Yes. For example, in the introduction part: “business are turning to social media to” business are shifting towards social media. c)Do direct quotations take up more than 10% of the essay?(We need to change some of the direct quotations to summaries and paraphrases so that at least 90% of every essay is written in
IT INFRASTRUCTURE MANAGEMENT10 our own words.) No. the direct quotations have been paraphrased and then supported with in- text citations as acknowledgement to the authors of the work. d)Are any of the bold, coloured text matches in my originality report purely coincidental? (Sometimes our words coincidentally match with words in other online sources that we have never seen before and that are completely irrelevant to our research topic.If so, we do not need to change anything at all.) Yes. Some words such as “social media” are coincidental because they are emerging terms. e)Do any of the short strings of matching text indicate that my attempts at paraphrasing were not completely successful?(We need to avoid sham paraphrasing, one type of plagiarism, by using synonyms and changing the sentence structures completely. Remember that we should not copy more than three words in a row from the original without quotation marks.) Yes. Such as “social media is described as” should be social media is defined as. f)Have I synthesised all of the sources’ ideas into my essay by introducing each piece of source information with a signal phrase and by adding my own comments or interpretation to it in the following sentence?(We need to avoid dropped-in quotations and simply reporting facts) No. all the source ideas in my essay have been synthesized well.
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IT INFRASTRUCTURE MANAGEMENT11 References Ainin, S., Parveen, F., Moghavvemi, S., Jaafar, N. I., & Mohd Shuib, N. L. (2015). Factors influencing the use of social media by SMEs and its performance outcomes.Industrial Management & Data Systems,115(3), 570-588. Guesalaga, R. (2016). The use of social media in sales: Individual and organizational antecedents, and the role of customer engagement in social media.Industrial Marketing Management,54, 71-79. Hassan, S., Nadzim, S. Z. A., & Shiratuddin, N. (2015). Strategic use of social media for small business based on the AIDA model.Procedia-Social and Behavioral Sciences,172, 262- 269. Jones, N., Borgman, R., & Ulusoy, E. (2015). Impact of social media on small businesses.Journal of Small Business and Enterprise Development,22(4), 611-632. Kumar, A., Bezawada, R., Rishika, R., Janakiraman, R., & Kannan, P. K. (2016). From social to sale: The effects of firm-generated content in social media on customer behavior.Journal of Marketing,80(1), 7-25. Ngai, E. W., Tao, S. S., & Moon, K. K. (2015). Social media research: Theories, constructs, and conceptual frameworks.International journal of information management,35(1), 33-44.
IT INFRASTRUCTURE MANAGEMENT12 Parveen, F., Jaafar, N. I., & Ainin, S. (2015). Social media usage and organizational performance: Reflections of Malaysian social media managers.Telematics and Informatics,32(1), 67-78. Turban, E., & Volonino, L. & Wood, G. (2015). Information Technology for Management: On- Demand Strategies for Performance, Growth and Sustainablity 11th edition. USA: John Wiley and Sons. Wang, W. Y., Pauleen, D. J., & Zhang, T. (2016). How social media applications affect B2B communication and improve business performance in SMEs.Industrial Marketing Management,54, 4-14. https://www.sciencedirect.com/science/article/pii/S0019850115300146