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ROLL NUMBER M2-78
Social Media is a vital element for the online business.
It is an art of producing traffic to site for generating business through online
social group.
It help to build important business contact and to runa reputed business on
the internet.
Social media marketing is used as branding tool and can increase
conversion, sales tracking, page views and add exposure.
It is simple and low cost way for increasing sale and to bring traffic to the
website.
This will bring many people to the site and help for link building to get
good ranking in search engines.
It increases the site popularity & to bring the potential customers to our
niche area.
By using Facebook, Twitter, Linkedin, Instagram & Snapchat, we can
increase the site traffic and get to potential customers.
Social media marketing is a form of Internet marketing that
utilizes social networking websites as a marketing tool. The goal of
SMM is to produce content that users will share with their social
network to help a company increase brand exposure and broaden
customer reach.
When using social media marketing, firms can allow customers and
Internet users to post user-generated content (e.g., online comments,
product reviews, etc.), also known as "earned media," rather than use
marketer-prepared advertising copy.
Social networking websites allow individuals, businesses and other
organizations to interact with one another and build relationships and
communities online. When companies join these social channels,
consumers can interact with them directly.
Strength:
1. Large market reach or penetrate.
2. Easy to set up
3. Quick information exchange
4. Active community members who are willing to become institute
representatives.
Weaknesses:
1. Has low retention rate. Only 40%
2. Needs more horsepower. It is down quite often
3. A lot of “Why Bother” from most mainstream people.
4. Lack of tools or resources to track and monitor social media campaign
results.
Opportunities:
1. Penetration into a new geographical market quickly.
2. Partnerships with other groups, organisations, schools, government,
etc.
3. New target or niche markets that are untapped : students, the public.
4. Promotions, news, events, that can be offered through social media
platforms.
Threats:
1. Macro factors such as economy, will this affect your user base?
2. Competitor is going after the same space or same audience with
similar campaign.
3. Is the current campaign sustainable, can it continue?
4. What obstacles stand in the way of success and failure?
1. Social Media Content Planning
2. Great Social Content
3. A Consistent Brand Image
4. Social Media for Content Promotion
5. Sharing Curated Links
6. Tracking Competitors
7. Measuring Success with Analytics
8. Social Media Crisis Management
Facebook’s casual, friendly environment requires an
active social media marketing strategy. Start by creating a
Facebook Business Fan Page. You will want to pay
careful attention to layout, as the visual component is a
key aspect of the Facebook experience.