Type, Effectiveness of Social Media in Advertising, Recommendations
VerifiedAdded on 2020/10/03
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Report
AI Summary
This report delves into the transformative role of social media in modern advertising, examining its various types and their effectiveness in influencing consumer behavior. The study begins with an introduction highlighting the pervasive influence of social media in today's globalized world and its adoption by large advertising companies. It outlines the objectives, which include identifying different social media platforms, analyzing their impact on advertising and consumer behavior, and predicting the future of social media marketing. The methodology involves a qualitative approach, observing advertising strategies on platforms like Facebook, Twitter, Instagram, and Pinterest, supported by secondary research from journals and articles. The discussion section explores how social media has revolutionized communication and marketing, leading to digital marketing strategies and impacting consumer purchasing behavior. It references studies on consumer influence and the growth of digital marketing. The report concludes by emphasizing the dominance of social media in advertising and recommends that businesses leverage these platforms effectively while prioritizing customer privacy. The author reflects on the learning experience, emphasizing the importance of self-confidence and the academic insights gained into social media's impact on economics and business.
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