Analyzing the Benefits of Social Media for the Fashion Industry

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Added on  2022/09/17

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This report examines the significant impact of social media on the fashion industry. It highlights how social media serves as a crucial promotional tool, offering cost-effective communication and creating opportunities for marketers to enhance brand awareness. The report details how social media facilitates effective customer service, allowing businesses to analyze customer needs and preferences, thereby shaping marketing strategies. It underscores the importance of inbound traffic for increasing sales and reaching a broad customer base, emphasizing the need for updated content to maintain customer engagement. Furthermore, the report analyzes how social media aids in advertising, brand recognition, and boosting sales by targeting specific demographics. It also covers the benefits of social media in improving customer engagement and brand loyalty, particularly for youth-led businesses, as well as facilitating direct customer feedback and dramatically increasing sales.
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Social media is beneficial for the fashion world
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Social media is used as a promotional tool in every business. In the fashion industry, the
changes occur on frequent basis and for communicating social media is a cheapest and
convenient way for communicating. Social media is a new marketing tool that is effective
and it helps fashion industry in creating more opportunities for the marketers and creates
brand awareness among customers. Social media is considered as the most important for
interactive form of public relations and helps in engaging with the customers (Paquette,
2013).
In the fashion industry, it is necessary to provide customer services and social media helps in
providing effective and satisfying customer services easily and it is the biggest task for the
fashion business owner to provide the best services to its customer. In social media,
marketing department of fashion industry can analyze the need of target customer and its
requirements and can analyze their requirements and understand their likes and dislikes. It
helps in designing marketing strategies of social media effectively. In fashion world, it is
essential to fulfil the needs of customers and social media helps in gaining information about
the customers (Agnihotri, et al., 2016).
In social media, inbound traffic is more and more traffic helps in increasing more sales. In
fashion world, it is essential to use social media as brands who does not use social media,
their inbound traffic are restricted as new customers will not be able to get attracted. Social
media helps in increasing inbound traffic and helps in reaching to huge number of customers.
Social media helps in get attracted with the people through web page and customer needs
interesting content on websites and in fashion world competition level is very high as it is
necessary to keep the content updated according to customers requirements (Park, et al.,
2016).
Social media helps in advertising the industry, as the customer engagement and blogs are
essential ways of advertising and now social media has become the crucial part for fashion
industry as people use social media and it is a platform for doing the traditional advertising
about the new fashion and launching new trend in market (Mohr, 2013). Through social
media the different target groups can be analyzed according to demographics and help in
analyzing their product choice and products offered to them in which they are interested. It
helps in boosting sales and it is beneficial to reach customers directly then marketing every
the fashion at the store. Marketing of individual product can be done on social media.
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Nowadays Facebook and Instagram are the major sources for advertising in fashion world.
Though ads the different target audiences can be analyzed and social media id beneficial to
make customer aware of the products (Wolny and Mueller, 2013). Social media is a platform
where people look for the latest fashion which is in trend and like to opt for that fashion.
In fashion world, Social media is beneficial for increasing brand awareness and recognition.
Brand recognition is the major goal in fashion industry as consumers buy those products
which they recognize as a brand (Kim and Ko, 2012). Consumers prefer to buy products from
those brands whom they trust and trust can be build up by brand recognition. In fashion
industry, social media plays a crucial role which helps in building brand recognition. It is
essential for digital marketing as it helps in increasing visibility and brand awareness. In
fashion world, it is necessary to use effective social media marketing strategies as it helps in
connecting to broad audience and can bring the rand and latest trend in market.
Social media is beneficial for improving customer engagement and brand loyalty. In fashion
world, it is essential to have customer loyalty in competitive world. Social media helps in
connecting with the customers on platform of social media as it helps in building loyalty for
customers. Social media helps in interacting with the customers and helps in analyzing their
fashion choice and requirements. Nowadays people prefer to custtmize their products
according to their preferences and social media is a platform where they find the latest trend
and helps in showing their talent.
Social media is beneficial for the youth to bring their products and latest trend in market and
without opening the store or outlets, they are able to make the customers aware about their
talent and helps in running their business over social media. It helps in interacting with their
customers and their feedback helps in increasing the sales. Social media helps the customers
in reaching the products easily and direct feedback can be given through comments, likes and
shares. Social media helps in increasing sales dramatically.
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Social Media 3
Reference
Agnihotri, R., Dingus, R., Hu, M.Y. and Krush, M.T., 2016. Social media: Influencing
customer satisfaction in B2B sales. Industrial Marketing Management, 53, pp.172-180.
Kim, A.J. and Ko, E., (2012) Do social media marketing activities enhance customer equity?
An empirical study of luxury fashion brand. Journal of Business research, 65(10), pp.1480-
1486.
Mohr, I., (2013) The impact of social media on the fashion industry. Journal of Applied
Business and Economics, 15(2), pp.17-22.
Paquette, H., (2013) Social media as a marketing tool: a literature review.
Park, J., Ciampaglia, G.L. and Ferrara, E., (2016, February). Style in the age of instagram:
Predicting success within the fashion industry using social media. In Proceedings of the 19th
ACM conference on computer-supported cooperative work & social computing (pp. 64-73).
ACM.
Wolny, J. and Mueller, C., 2013. Analysis of fashion consumers’ motives to engage in
electronic word-of-mouth communication through social media platforms. Journal of
marketing management, 29(5-6), pp.562-583.
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