Marketing Project: Utilizing Social Media for Business Growth

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Added on  2023/01/11

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This project plan delves into the effective utilization of social media as a marketing channel. It emphasizes that social networking is a crucial communication tool for businesses, particularly for small and medium-sized enterprises, to attract prospective customers. The plan outlines key aspects, including strategy development, planning and publishing content, listening to and engaging with the audience, analytics and reporting, and advertising. The core pillars for online marketing are discussed, highlighting the importance of creating effective strategies, establishing a strong online presence, monitoring brand mentions, and analyzing performance using web analytics. The project underscores the significance of social media advertising in achieving business success, building brand loyalty, and increasing brand awareness. Additionally, the project references several books and journals that provide additional insights into the topic of social media marketing.
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Project Plan
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Using social media as a marketing channel
Social networking is a medium for advertisement, not a policy. Social networking, nevertheless,
is not a tactic but a communication tool. In most of the conferences, teachers said their marketing
activity depended whether on social media alone or accompanied with other platforms such as
television. Social media is a very important medium to attract prospective customers for small
and medium sized businesses. Unless clients also now communicate with products via social
networks and do not communicate audience directly via social media platforms such as
Facebook, Twitter, Instagram, and Pinterest, miss out! Great social media advertising will bring
significant business success, building loyal brand supporters and sometimes even increasing
brand awareness.
Publications originally founded with online marketing. Companies shared their content
on social media to attract traffic to website and, ideally, to sales. But social media has changed
far beyond that merely becoming a location to outfits. These days, corporations choose a variety
of communication strategies of using social media. For instance , a company that is interested
with what individual think about it's own brand should track discussions on social networks and
respond to specific mentions (social networking sites monitoring as well as involvement).
For example a company starts a project to launch of new electric product so for this
require selecting online marketing for their products. Company that wishes to discuss how it
performs on social networking sites will evaluate its scope, interaction, and social market
transactions using a web analytics method. A corporation that seeks to accomplish a particular
audience on a scale will run precisely focused social media platforms (social media
advertisements). There are identified five core pillars for the online marketing such as:
Strategy: To launch any product in the market require preparing effective strategies that helps to
reach more and more customer. Along with it helps to promote their product in huge manner.
Planning and publishing: Small company digital marketing typically begins with getting a strong
online presence. Nearly three billion (3,000,000,000!) people use social media. Through being
available on social networking sites, users are giving thier product a chance for future customers
to explore. Publication on social networks is as easy as taking a blog article, video files on a tool
for social television.
Listening and engagement: On social media individual might even discuss in regard of brand
without letting know. So, they would like to measure brand-related social media monitoring. If
it's a constructive statement, come up with an opportunity to impress and delight them. Anything
else, before it receives miserable company can offer assistance and absolutely right a scenario.
Analytics and reporting: A minimum form of these data is provided by the social networking
sites themself. They could use the wide variety of social data visualization methods available,
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including such Buffer Analyze, to have more in-depth though or to accurately switch throughout
social networking sites.
Advertising: Everywhere now, social media advertisement sites are so strong that they can
precisely decide who to show ads to. Predicated on their demographics, interests, behaviour
patterns, and more and you can generate potential customers.
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REFERENCES
Books and Journal
Roque, V. and Raposo, R., 2016. Social media as a communication and marketing tool in
tourism: an analysis of online activities from international key player
DMO. Anatolia. 27(1). pp.58-70.
Mariani, M. M., Di Felice, M. and Mura, M., 2016. Facebook as a destination marketing tool:
Evidence from Italian regional Destination Management Organizations. Tourism
management. 54. pp.321-343.
Ahmad, S.Z., Ahmad, N. and Bakar, A.R.A., 2018. Reflections of entrepreneurs of small and
medium-sized enterprises concerning the adoption of social media and its impact on
performance outcomes: Evidence from the UAE. Telematics and Informatics. 35(1).
pp.6-17.
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