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Social Media and Business
Social media
Social media are the various forms of user
generated content and the collection of
websites and applications that enable people
to interact and share information online
 Social networking sites (Facebook, Twitter,
Myspace)
 Blogs (Wordpress)
 Video sharing sites (YouTube)
 Photo sharing sites (Flickr)
 Crowdsourcing (Wikipedia)
 User reviews (Amazon, Yelp)
 Streaming sites (Ustream)
 Social bookmarking (Digg, del.icio.us)
Before Social
Media
Benefits of Social media
 Improved customer insights
 Better customer service
 Cost efficient
 Connectivity
 Establishing Brand Awareness
 Sales
Social Media’s
Importance for User
 Social media allow users
 To have conversations
 To share information
 To create web content.
 communicate with professionals to
tell their need
 To feedback about product
Social Media’s Importance for marketers
Social media
 has opened avenues for marketers
 Helps introduce the brand.
 Creates a good or bad image about product
 Marketers can share a piece of content with the world in seconds
 Increases the trustworthiness of a company
 Allows company to get personalize their products to their customers
 Find customers and builds clientele
 to find out what people are saying about them
 provides a test audience
Social Media and
Business
Social Media
 Has tremendous impact on business
 helps develop business tactics
 shows an opportunity for business to grab
the attention of the customers
 builds brand image
 shows what are the likes and preferences
of our friends and family
 Helps in innovation the product(on
Customer complaint)
 Market Research
Traditional Marketing and Social Media
Marketing
Traditional Marketing
 No longer seem effective
 same advertisement repeated
 same advertisement strategy
 Doesn't help in innovation
 No Feedback
 Failed on young generation
Social Media Marketing
 A new way for business
 Advertisement can be changed easily
 Innovative advertisement strategy
 Help in innovation
 Feedback
 Effective on young generation
Some Facts
 The figures shows us the marketing
expenditure for Media Groups long term
client, that Internet/online marketing has the
least amount of expenditure and the most
amount of exposure.
Disadvantages of Marketing
A STRATEGIC SHIFT REDUCED CONTROL
OVER CONTENT
BAD PUBLICITY
SPREADS TOO
POOR EXECUTION
Social media

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Social media

  • 1. Social Media and Business
  • 2. Social media Social media are the various forms of user generated content and the collection of websites and applications that enable people to interact and share information online  Social networking sites (Facebook, Twitter, Myspace)  Blogs (Wordpress)  Video sharing sites (YouTube)  Photo sharing sites (Flickr)  Crowdsourcing (Wikipedia)  User reviews (Amazon, Yelp)  Streaming sites (Ustream)  Social bookmarking (Digg, del.icio.us)
  • 4. Benefits of Social media  Improved customer insights  Better customer service  Cost efficient  Connectivity  Establishing Brand Awareness  Sales
  • 5. Social Media’s Importance for User  Social media allow users  To have conversations  To share information  To create web content.  communicate with professionals to tell their need  To feedback about product
  • 6. Social Media’s Importance for marketers Social media  has opened avenues for marketers  Helps introduce the brand.  Creates a good or bad image about product  Marketers can share a piece of content with the world in seconds  Increases the trustworthiness of a company  Allows company to get personalize their products to their customers  Find customers and builds clientele  to find out what people are saying about them  provides a test audience
  • 7. Social Media and Business Social Media  Has tremendous impact on business  helps develop business tactics  shows an opportunity for business to grab the attention of the customers  builds brand image  shows what are the likes and preferences of our friends and family  Helps in innovation the product(on Customer complaint)  Market Research
  • 8. Traditional Marketing and Social Media Marketing Traditional Marketing  No longer seem effective  same advertisement repeated  same advertisement strategy  Doesn't help in innovation  No Feedback  Failed on young generation Social Media Marketing  A new way for business  Advertisement can be changed easily  Innovative advertisement strategy  Help in innovation  Feedback  Effective on young generation
  • 9. Some Facts  The figures shows us the marketing expenditure for Media Groups long term client, that Internet/online marketing has the least amount of expenditure and the most amount of exposure.
  • 10. Disadvantages of Marketing A STRATEGIC SHIFT REDUCED CONTROL OVER CONTENT BAD PUBLICITY SPREADS TOO POOR EXECUTION