Internet Technology, Marketing, And Security
Reasons why social media marketing has become exceedingly popular among businesses of all sizes
Business marketing is one of the most lucrative activities that enable a business to reach out to its consumers in the market. The inherent values within business marketing are creation of awareness and traction of customer preferences and tastes towards the qualities therein in the product. Social media marketing is a recent activity or strategy used by businesses in their marketing endeavours. In most cases, the aspects of creation of awareness need to be felt globally or nationally in relevance to the size and commanding power of a business (Tuten & Solomon, 2013).
Social media marketing involves marketing that involves the use of the present day technology. For instance, marketing through online technologies and human daily activities is a common happening in the global and local businesses. These are spacious and small businesses. The social media are a modern code of transport and communication. With urgency to be part of the looming and performing avenues in the society, many businesses engage in social media marketing. Social media marketing is cheap, faster, effective, efficient, and up-to-date. In most cases, the social media has provided a cheap and readily available avenue to reaching the entire world through a product or service offered by an organization (Evans & McKee, 2010).
Many businesses engage in social media marketing because it covers almost all the potential customers. Businesses have realized that with the use of the social media, a product or new brand gets to the people who are labelled to be potential buyers of the product. The social media have transcended every avenue of communication in the world today. Therefore, marketing through the social media is a cheaper avenue of reaching potential customers without having to involve many steps. The social media is also a common avenue that is cheaper and accessible to all corners of the world. The potentials affixed in the social media enables it to operate within a diverse environment without interference from the internal and external forces. The urgency to exemplify productivity and maximize production makes many of these businesses engage social media while caring out marketing activities.
Advantages of social media marketing for business entrepreneurs
There are many advantages and use of social media marketing by business entrepreneurs. Business entrepreneurs explore new avenues and strategies of marketing in the market. They comprise of new brands, new products, and new methodologies of production. With the use of the social media, these businesses are able to let their new brands get to the public and the world as a whole. Entrepreneurs are controlled by small-scale production and marketing. Nonetheless, social media marketing enables them to have a quicker and cheaper avenue of reaching many potential customers within a short period (Anderson, 2010).
The social media are relevant in marketing since it extends to deeper markets that are appreciated locally. With the use of the social media channels, entrepreneurs are able to sell their ideas and brands over which they will be able to attract financiers and consumer of the products and services generated. It is cheaper to involve the social media since all the products and services will be marketed to the potential customers in the market. Moreover, entrepreneurs are given an advantage of exploring and finding markets with the use of the social media. Creation of awareness is made effective and efficient to the business. New brands and ideas will access the global market within a short time (Evans & McKee, 2010).
Many people in the world have engaged in the social media in almost every activity they do. For instance, education and training is offered through the social media. Communication with friends and family members happen through the social media. Leisure activities and sporting events are conducted through the social media (Anderson, 2010). In the end, it is as if everything is happening via the social media. The social media is cheap and accessible to many people in the world. With consideration of these challenges and advantages, many businesses have resorted into using the social media as their main tool of carrying out marketing.
Many businesses in the market are following the successes of other businesses that have involved the social media and succeeded. For instance, every new business is engaging in social media marketing since it has proved to be successful and a cheaper way of creating instant awareness over a product or service in the market. With examples of businesses like Nike and Samsung being generous successes in the market, many small and large...
Aer Lingus, 2012a () No security breach has even been recorded on the Aer Lingus website so the website can be thought to be tightly secure and that all the necessary steps have been taken to ensure that the personal information of their customers is kept safe. Methods for ensuring greater security for customers One of the ways which the company can ensure that they continue maintaining this record of security and
On the other hand customers are attracted to online shopping because it's convenient, offers broader selection of commodities, the prices are competitive and a lot of information is accessed. In conducting business between the consumer and the corporate information needs to be provided especially personal data from the consumer's part. We should be careful with the type of information we provide in that case we reduce the risks when
The company might be a victim of online criminals and might end up as an extortion target. The company is exposed to attacks because of its limited resources to maintain the defense. The company is online and is mobile connected. If it loses this benefit, it will have lost the business. It is necessary for the company to be aware of the possible threats and implement security policies to
Social Technology and Security Cincom Systems, a privately-held enterprise software company who is very active on Facebook, LinkedIn, Twitter and has an extensive blog network relies on social media sites to share customer success stories and the latest updates on events the company is participating in. Cincom has six different product divisions, each offering a different type of enterprise software, ranging from Customer Relationship Management (CRM), and Enterprise Resource Planning (ERP)
The difference in country's economic condition makes Coca Cola to fix difference prices for the same product across different countries. 3.2: Integrating Pricing strategy with branding strategy ATC will use a unique brand position to ensure that customer accept prices fixed for its product and services, and the company will use differentiation strategy to make customer accept the prices fixed for its product. By creating a strong brand position, ATC will
Internet and Global Finance Strategies Within the present competitive business environment, firms are continuously looking for various strategies to be ahead of their competitors and achieve competitive market advantages. Many firms have identified that internet technology is a powerful tool to enhance competitive market advantages. The traditional organizations have identified that internet is a powerful tool to deliver value to customer and presently, the internet technology has enabled firms to coordinate
Our semester plans gives you unlimited, unrestricted access to our entire library of resources —writing tools, guides, example essays, tutorials, class notes, and more.
Get Started Now