Social Media: Marketing's New Frontier



Technology has drastically changed the way we interact. It has made communication easy, simple and faster. The explosion of mobile technology and availability of internet access in fusion with social networks and media has ensured that communication no longer remain in the traditional formats. Marketers all over the world are making good use of this development to their advantage.
Marketing on social networks is relatively cheaper than traditional marketing. Social media basically represents low-cost tools that are used to combine technology and social interaction with the use of words, graphics, sound and videos. These tools are typically internet or mobile- based. Examples are Twitter, Facebook, Blogs, Youtube, Pinterest, Instagram, you name them.


Interactions on social media are usually informal and more personalized. What social media offers innovative marketers is a voice and a way to communicate with peers, customers and potential consumers. It personalizes the "brand" and helps marketers to spread messages in a relaxed and conversational way. For instance, Samsung Mobile can advertise a new flagship with simple conversational terms within a 140 character limit on Twitter without having to pay anything for the service. It is absolutely free as long as you have a Twitter account, unless of course you want the network to promote your tweets, then you pay a fee.
What the marketer aims to achieve is to inform consumers about products, who an organization is, what they offer, as well as building up the brand image. Social media helps to achieve these in diverse ways.
Social media enables companies to get instant feedback from their consumers and this helps them to streamline their marketing strategies from the constant stream of real-time feedback from consumers. In the case of Reebok and Rick Ross, for example, Reebok had to drop Rick Ross, a Hip-hop artiste, from being a brand ambassador when social media went berserk in protest to his divisive lyrics. Without social media, the company might have realized belatedly their error in making him an ambassador and suffered the repercussions.

Using social media, we can create relationships with people who might otherwise not know about our products, service or what our companies represent. How many times do we not zip and zap when we are watching the television or listening to the radio? How many times have we actually stopped to look or read something on a billboard? Social media is intrusive and can grab your attention even when you do not ask for it. A constant tweet or update is all it takes and you do not even have to pay for it.

MTN Ghana recently increased its social media presence by giving out airtime, movie tickets and other goodies to people who tweeted about the company on twitter. When someone gets the free airtime, they do not stop talking about it. You may not like the network you will notice them.
And for a network that has been touted as the “most terrible network” by some people, this social media presence and the free giveaways humanizes them. This is both a great and smart publicity.
Unsolicited customer testimonial is priceless!

The downside of using social media as a marketing tool is that it sometimes becomes difficult to track all the attention that stream in. The momentum of attention coming in could be so great that there is the possibility of skipping some important feedback or annoying a consumer for ignoring their request. It needs time and dedication. In the extreme, hackers can manipulate the company’s account to post malicious stuff or just upset the social media ecosystem.
Marketers should use social media as a tool that creates a personality behind their brands and relationships that you may never have gained. This would build customer loyalty. The good news is social media is so diversified that it can be used in whatever way best suits the interest and the needs of your business and the pros obviously supersede the cons.



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