Marketing on social
media gives you the ability to reach a wide range of people, from multiple demographics.
A great example of this is the use of hashtags. Hashtags allow people to
view other posts connected linked with that tag. This is especially useful with
restaurants and cafes marketing and promoting their businesses. It is very
common, particularly among the younger demographic, to share photos of dishes they
purchase when they go out to eat. This is specifically seen on Instagram and Twitter,
though also on Facebook. If a restaurant has a hashtag that is known by people
that dine there, they will most likely use this in their post, which will then be seen by every user following them.
It is easy to see whether
your marketing has been successful. Unlike traditional marketing means,
using social media as a platform to market a product makes it easy to monitor
the success of a campaign. For example, Hungry Jacks fast food chains in
Australia use their app to let people ‘check in’ on Facebook, and in exchange
they receive a discounted or free item from the menu. Hungry Jacks is therefore
able to track how many people have checked into stores and used the app as a
result of their marketing. The success of other advertisements on different
platforms can also be measured by the amount of time people from that platform
click on their website or app download link.
It is cost effective.
Creating an account on social media is free. Companies of all different sizes can create accounts on multiple social media accounts free of charge, and then use these platforms to attract customers. This means marketing on social media platforms is particularly good for small organisations, for example, small cafes, that are just starting out and want to let people know about their business. Such a café might create an account on Twitter, and then share photos of the café itself, food products/dishes unique to their business, or events that happen at that café to attract consumers. Additionally, advertisements on social media are cheaper than running ads on TV, or in newspapers and magazines. Therefore if a company has only a small marketing budget, they can still afford to market their company/product on a platform seen by large amounts of people, but for less money.
Creating an account on social media is free. Companies of all different sizes can create accounts on multiple social media accounts free of charge, and then use these platforms to attract customers. This means marketing on social media platforms is particularly good for small organisations, for example, small cafes, that are just starting out and want to let people know about their business. Such a café might create an account on Twitter, and then share photos of the café itself, food products/dishes unique to their business, or events that happen at that café to attract consumers. Additionally, advertisements on social media are cheaper than running ads on TV, or in newspapers and magazines. Therefore if a company has only a small marketing budget, they can still afford to market their company/product on a platform seen by large amounts of people, but for less money.
Thanks for the information Kristen! Was wonderful to learn about the positives of social media marketing.
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