2. What is Social Media? - Tools that are internet and mobile based to help communication amongst peers - Facebook - Twitter - Blog - LinkedIn - Easily accessible - Worldwide use - Growing users
3. Why Not Social Media? - Very new - Older generations comfortable with old marketing ways - May encourage “groupthink” - Loss of individual creativity and uniqueness - Not targeting the right audience - Not updating websites
4. Why Social Media? - Lower costs - Engagement with prospects - Build brand reputation - Communicate in bulk - Useful product feedback - Allows one-on-one communications with consumers - Exposure to company - Revenue
7. References “10 Ways Social Media Can Help Your Business”. 19 March 2010. http://www.honeytechblog.com/10-ways-social-media-can-help-your-business/ Falls, Jason. “What Social Media Can Do For Your Business.” 28 December 2009. http://www.socialmediaexplorer.com/social-media-marketing/can-social-media-help-your-business/ Honigman, Brian. “3 Ways Social Media Can Help Or Hurt Your Business”. 10 November 2010. http://www.lunametrics.com/blog/2010/11/10/3-ways-social-media-hurt-business/ Pagliarini, Robert. “Is Social Networking Bad For You?” 6 April 2009. http://moneywatch.bnet.com/career-advice/blog/other-8-hours/is-social-networking-bad-for-you/136/