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Social Media Marketing and Its Impact on Business

Author: Wedo Econsult
by Wedo Econsult
Posted: Aug 17, 2019

The influence of social media is successful in changing the relationship between brands and consumers. These days strategies are created by the companies after understanding and analyzing the demands of their target audiences. The impact of social media is huge when it comes to the changing structure of world business. No matter if it's an MNC or a small startup everyone is using social media marketing for making their brand or service popular among the common people. Previous marketing mediums such as radio, commercials or TV were extremely expensive and time-consuming. It was beyond the reach of ordinary masses. Now with the help of social media marketing companies or brands are easily connecting to their targeted audiences that too for free. Social media platforms are lowering the marketing costs of businesses.

The impact of social media marketing is huge. Social media platforms like LinkedIn, Facebook, Twitter gives businesses the opportunity to grab the attention of the masses and at the same time helping them create their brand. With the help of social media marketing business can predict their target audiences, their preferences, likes and dislikes, the latest trends that are prevalent in the market and so on. Through social media marketing brand awareness can be created among masses since it helps in creating a strong online presence. However, you need to know all the right techniques in order to stand out from your competitors. This is where social media marketing agency in Bangalore comes to your aid. A professional agency is equipped with all the right strategies, they are updated on the latest technologies. They can help you in promotion of your brand. In this article, we will explore the importance of social media marketing.

The benefits of social media are as follows:

  • Customer Insights are improved
  • Improved customer service
  • Cost-effective
  • Promotes easy connectivity

Customer Insights are improved

In social media, customers are requested to share their insights which business can use in order to get a better understanding of their customer’s behavior. Customers also get satisfaction since they realize that the brand they are interacting with is listening to them, the brand is paying close attention to their requirements.

Improved customer service

Through social media, businesses can respond to customer grievances, their questions, and concerns instantly. Every customer loves the assurance that if they face any problem they will be receiving help from the brand they are purchasing products or services at the earliest.

Cost-effective

For those businesses running on a fixed marketing budget especially startups, social media can be of great help to them since it is the most cost-efficient technique of marketing services and products. Websites such as Twitter, Pinterest, Facebook, etc help businesses to share their content without any cost at all. This is the best and the most affordable platform for marketing.

Promotes easy connectivity

Through social media, businesses can connect to their targeted audiences based on their preferences, resources, and lifestyles. Social media promotes easy connectivity and its reach is vast.

Major social media platforms areas follows:

  • Facebook
  • Twitter
  • LinkedIn
  • Instagram

Facebook

This free and very popular social networking site with 2.07 billion monthly active Facebook users with an increasing rate of 16% over the year allow users to create profiles, upload statuses, and photos as well as send messages to friends, colleagues, businesses, family and so on. Facebook also promotes marketing. Here users or businesses can open Facebook pages related to businesses, brands, and services.

Twitter

This famous social networking site with an average active a user of 330 million allows registered members to write messages through short posts termed as tweets.

LinkedIn

This social networking site with 467 million connected members is designed especially for business professionals and community. This is a professional social networking site.

Instagram

This fast-growing social media platform is very popular among young generation users Here they can share stories, images and promote the business soon. Instagram has more than 800 billion monthly users.

Currently more than half of the population uses social media platforms. These platforms are the best place where a business can reach highly targeted and new potential customers. However, the business needs to know the right strategies for reaching out to their potential customers. This is where a professional social media marketing agency in Bangalore comes to the scene. It is not possible for anyone to know the tactics of social media marketing out and out unless the business or individual has all the proper knowledge on the same. We take pride in being one of the most efficient social media marketing agencies that are updated on the latest marketing techniques. You will see fast results if you take resort to us.

About the Author

This is Samrajni Chakrabarty, a passionate writer, trying my best to do something outstanding in the field of content creation and stand out from the rest.

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Author: Wedo Econsult

Wedo Econsult

Member since: Jul 16, 2019
Published articles: 11

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