The Impact of Digital and Social Media Marketing on Modern Businesses
VerifiedAdded on 2022/11/29
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Report
AI Summary
This report provides an in-depth analysis of digital and social media marketing, emphasizing its significance in modern business environments. It begins by defining marketing, the marketing mix (including the 4Ps and 7Ps), and the communication mix, highlighting how digital marketing leverages online platforms to promote brands and connect with consumers. The report explains social media marketing's role in enhancing brand awareness and consumer engagement, supported by examples such as Domino's and Nike's social media campaigns, with visual references to their marketing strategies. It explores the effectiveness of social media content, detailing benefits like consumer control, convenience, satisfaction, and loyalty. The report concludes by summarizing the key strategies for reaching audiences through platforms like Facebook and Twitter, and how businesses can leverage these to improve their market performance and profitability. This report is designed to help students understand the importance of digital and social media marketing.
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