2. What is Social Media Marketing?
Social Media Marketing (SMM) uses social media portals to positively influence
consumers toward a website, company, brand, product, service, or a person.
Uses social networks, online communities, blogs, wikis, or any other online
collaborative media.
Common social media marketing tools include Twitter, blogs, LinkedIn, Facebook,
Flickr, and YouTube.
3. Three Important Aspects:
1. Creating buzz or newsworthy events, videos, tweets, or blog entries that
attract attention, and become viral in nature.
2. Building ways that enable fans of a brand or company to promote a message
themselves in multiple online social media venues.
3. It is based around online conversations- encouraging user participation and
dialogue.
6. Top 3 Popular Social Media Sites
1. Facebook – biggest social networking site with the largest number of users.
More than 1 million small/medium sized businesses advertising here
Larger companies spending as much as $100 million on Facebook advertising per year
2. Twitter
81% of Twitter advertising revenue comes from mobile
$200,000 cost estimated for a 24-Hour Promoted Trend
3. LinkedIn
World’s largest professional network
Over 332 million users
7.
8. The Seven Myths of Social Media
Marketing
1. Social Media is just a fad
2. Social Media is just for the young
3. There is no return in social media marketing
4. Social Media marketing isn’t right for business
5. Social Media marketing is new
6. Social Media marketing is too time consuming
7. Social Media is free