Week 10 (MKTG 347) - Benefits of Social Media Marketing
Social media marketing is one of the best strategies a business could use to help promote their brand. It brings awareness to your current audience and introduces your brand to new audiences. It is a great way to get the word out about the product and services your business provides. It can do things like improve brand loyalty, people who follow brands/companies on social media tend to remain loyal to them. Another benefit that goes along with what I said before is it helps with brand recognition, the more networks you are on and the more you post the more your brand will be see and recognized by others. For cost purposes, it will help lower your marketing costs because social media ads through Facebook and Twitter are relatively cheaper than other advertising methods. Another benefit of social media marketing is better customer experience, most people now a days communicate and connect through social media and they are more engaged on these networks. If you give your consumers a gre...