2013
Autospeak-Straight Talk contains articles covering digital and social media marketing social communities and events marketing
Social Media: The Most Economical Yet effective Marketing Tool
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(Posted on Aug 13, 2013 at 02:48PM )
We all know that social media is huge today. People just can’t live without sharing what they feel or displaying what they wear. It’s all sociology from one perspective but it can also mean marketing to a few from another perspective. It is a common fact that where there is sugar there will be the bees. Similarly whenever there are huge concentrations of people, the marketer and advertisers are always there to make use of such situations and struggling to sell products or gain a good brand reputation.Customer retention is by far the most effective way through which a business may gain prosperity and customer retention could only be possible when the people are repeatedly reminded of a brand or a shop or by simply infusing in them a desire to feel the need of anything which the company might be selling. With the advent of social media or to be more precise, when the social networking became the life of the people around the globe, viewership at a specific portal started increasing. Since all that a good TV channel needs is ratings to attract advertisers, here at social networking websites all was already set. People are frequently logging in and out of websites like Facebook, uploading pictures to get comments and statuses to tell their friends what they are going through.
The high concentration of people gathering around the social networking websites provides the traders with the cheapest form of marketing possible. The best part is that the add is displayed on various places and even if the user ignores the advertisement the people around the user may notice the availability of a new item at a some celebrated store and might hasten to buy it before someone else from the community buys. The desire to stand unique among the rest is experienced by everyone and it is this very desire which the traders may cash even when they are trading for wholesale products.
It is an open secret that nearly everyone uses Facebook, Twitter, LinkedIn, Instagram etc. these days. People even prefer to buy cell phones supporting applications which may lead them straight and in as less time as possible to their cyber wall where they post all their statuses or tweets or whatever they want to post. So naturally potential customers are always there looking for ways and means to get a better bargain in the market, searching for some better way to defeat that big competitor who usually gets all the customers due to his high quality yet economical products. Here is where the wholesale traders can actually seal a good deal and earn major profits if only they can post their advertisement, which is always facilitated by such websites.
Social media has by far, revolutionized marketing in every way imaginable. Advertising in now cheaper, effective and result oriented and many businesses are gaining the upper hand in the markets just by a little but careful investment on the social media. What people need to do is to concentrate on social media for advertising their products as compared to getting involved in other expensive, less effective means of advertising.
Written by Robert.
DealerNet Services