In the world of business, marketing is essential. However, in our new digital age, traditional marketing is becoming increasingly inefficient, and a new form of marketing is on the rise. Because of its many advantages, social media marketing has become an almost essential part of any business’s attempt to establish a firm footing in today’s competitive market. When considering the pros and cons of different marketing methods, think of all the time and money that was traditionally spent on marketing your products or services, and compare it to what it now costs to market your business on social sites.
Originally, businesses paid out of pocket for advertisements on television, billboards, or in newspapers. Occasionally, these strategies came to the point where they were not cost effective in the least. Of all viewers of advertisements, only one to two percent actually contacted the distributor and was interested in their product. Why was this? One of the most interesting advantages of social media marketing is that when viewing television, advertisements often irritate and interrupt viewers, causing most of them to be uninterested in the advertised product. With social media, the targeted audience not only participates in the advertisement, but also participates in it.
Participation is a key advantage of social media marketing. Online, people willingly participate in activities and blogs that market your company for you. When the customers become involved with your business or company, they not only care about your products, the come to care about your business. Social involvement with customers usually leads to an increase in clientele and customer satisfaction.
Another advantage that comes with social media marketing is that online advertising with sites like Facebook is one hundred percent free. You no longer have to rent a billboard or air time on the television or radio. You do not have to pay for ink and paper and distribute fliers about your business. You can do it all electronically and be much more productive. Almost every human being, in the United States at least, has heard of Facebook, MySpace, and Twitter. Most of them have profiles. By marketing your business online, a completely new world of advertising opens up.
With all these advantages, a business almost can not survive in our world without internet marketing. The best thing about it though, is that it is affordable, effective and can work for anyone. Any business, no matter how small, can effectively market itself online.