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Thoroughly Evaluate the reasons Social Media Marketing has become exceedingly popular among businesses of all sizes

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Bus.508 contemporary business.;Assignment 4: Internet Technology, Marketing, and Security;Thoroughly Evaluate the reasons Social Media Marketing has become exceedingly popular among businesses of all sizes.;ANSWER;Introduction;The Internet and the technology today have dramatically changed the way that the marketing is done. The concept of marketing is the same as being used in the past years, different technologies and internet provides new ways to improving the efficiency and effectiveness of strategic marketing activities. Internet today is changing consumer behavior and increasing consumer power. With the advent of the technology and internet, the consumers are also getting updated about the new technologies and aspects due to which they have vast knowledge about the prevailing technologies and products in the market.;The Internet lets companies establish relationships directly with customers, offering customized service without high costs. Companies can deliver highly targeted, individualized promotions, and they can deliver them quickly. The digital era brings new strategic choices and possibilities. One of the most exciting new strategic choices is a trust-based marketing strategy.;Social Network;Social networking is one of the major tools which are widely being used by the SME?s for internet marketing and marketing their products.;Social Media has emerged to be one of the biggest tools for marketing

 

Paper#22736 | Written in 18-Jul-2015

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