How Social Media Has Changed Marketing 040157
how Social Media Have Changed Marketing
Generally, marketing has been developing along with the world which revolves around it. From the perspective that marketing never occupies an exact science, there have been strategic mechanisms that are generally employed to improve the marketing mix as well as the marketing strategies utilized within the respective marketing field. Such mechanisms include social media, which have been one of the pervasive elements within networking marketing. Social media has played a key role in shaping worldwide marketing strategies, extending from newspapers and television to social media platforms themselves, as essential parameters in molding the marketing strategy of any given business organization.
Essentially, customer service issues are regarded as critical within the business setting. This implies that organizations need to employ professionally qualified individuals to find appropriate solutions for such issues. In modern times, the internet has significantly impacted the marketing industry, bringing both positive and negative effects (Malik, 2018). Traditional paper marketing has transitioned into digital marketing heavily influenced by social media, transforming marketing from a simple broadcast of messages to a targeted hunt for low-hanging keywords.
The online sphere has revolutionized marketing, with social media at the forefront of this transformation. There are numerous ways in which social media influences modern marketing practices in today’s business environment (David, 2017). While social media offers various benefits, its negative implications should not be overlooked.
Literature Review
Effective customer service remains a core priority for businesses seeking to retain current clients and attract new ones. Several scholarly works explore the significance of social media in transforming marketing globally. Pearl M (2018) in his book, How Social Media has Changed Marketing, emphasizes how social media has greatly influenced the operation of customer service.
Today’s customers can easily engage with reputable brands online, receiving quick and efficient responses that enhance customer satisfaction. Social media impacts how businesses collaborate with their consumers regarding products and services through online platforms (Pearl, 2018). This interaction has significantly improved marketing strategies by providing instant feedback and fostering trust.
Dechay Watts and Debbie Williams (2013), in Brands in Glass Houses; How to Embrace Transparency and Grow Your Business, analyze how social media has increased transparency in analytics—a fundamental aspect of modern marketing. Analytics serve as a game-changer, providing insights into consumer behavior and campaign effectiveness. Prior to the digital age, marketing strategies relied heavily on incremental sales data; however, social media analytics now offer more reliable and immediate data, helping marketers understand purchase motivations and preferences (Fields & Ziska, 2016).
These analytics reveal the strengths and weaknesses within different market segments, enabling businesses to implement a desirable marketing mix and achieve competitive advantage. Social media provides access to real-time data on consumer behavior, facilitating more direct communication with prospective customers and better understanding of their needs (Sophia, 2017). Additionally, social media analytics assist in creating targeted advertising campaigns, replacing vague promises with specific, measurable marketing messages that resonate more effectively with audiences.
Conclusion
From the analysis above, it is evident that the business landscape is increasingly niche-focused, necessitating advanced digital tools, detailed analytics, and effective marketing attribution. This shift emphasizes the importance of social media in modern marketing strategies. Businesses must leverage social media to target specific audiences effectively and enhance their marketing outcomes. Consequently, incorporating social media into marketing strategies is crucial for success in contemporary business environments, demanding a focus on innovative techniques and technological tools to maintain competitiveness and growth.
References
- David Meerman Scott (2017). The New Rules of Marketing and PR: How to Use Social Media, Participate in Conversations, and Create Content with Viral Potential. Wiley.
- Dechay Watts & Debbie Williams (2013). Brands in Glass Houses: How to Embrace Transparency and Grow Your Business. Greenleaf Book Group Press.
- Fields, L., & Ziska, R. (2016). Collective Creativity for Responsible and Sustainable Business Practice. Routledge.
- Malik Shahzad Shabbir (2018). Social Media Marketing. Oxford University Press.
- Pearl M. (2018). How Social Media Has Changed Marketing. Academic Press.
- Sophia Dagnon (2017). How Social Media Changed the Marketing World Forever. Harvard Business Review.
- Kaplan, A. M., & Haenlein, M. (2010). Users of the world, unite! The challenges and opportunities of social media. Business Horizons, 53(1), 59-68.
- Ryan, D. (2016). Understanding Social Media. SAGE Publications.
- Hanna, R., Rohm, A., & Crittenden, V. L. (2011). We’re all connected: The power of the social media ecosystem. Business Horizons, 54(3), 265-273.
- Qualman, E. (2018). The Facebook Effect: The Inside Story of the Company That Is Connecting the World. Pearson.