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Possible benefits of social media marketing include: Allows companies to promote themselves to large, diverse audiences that could not be reached through traditional marketing such as phone and email-based advertising. Marketing on most social media platforms comes at little to no cost- making it accessible to virtually any size business.
Social media marketing can help promote a product or service and establish connections with customers. Social media marketing can be divided into paid media, earned media, and owned media. Using paid social media firms run advertising on a social media platform.
Pros and cons. Proponents of social media advertising suggest the following advantages: Advertisers can reach users who are interested in their products; Allows for detailed analysis and reporting (including business intelligence). Companies have access to analytics options on each social network to learn how well their brand profile is doing.
Social media are distinct from industrial and traditional media such as newspapers, magazines, television, and film as they are comparatively inexpensive marketing tools and are highly accessible. They enable anyone, including private individuals, to publish or access information easily.
Social marketing uses the benefits of doing social good to secure and maintain customer engagement. In social marketing the distinguishing feature is therefore its "primary focus on social good, and it is not a secondary outcome. Not all public sector and not-for-profit marketing is social marketing.
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