Jalal
Raz Azad JalalName:
Date: 7/Nov/2013
Writing for business Studies 201
Social network has significant impact on Business
Now day's Social network sites are growing continually every day. Social networking sites have helps huge companies and small businesses to reach out to their possible customers by connecting through Facebook, twitter, LinkedIn, and YouTube finding how customers interest on their goods because these sites are open communication which permit customers to be in interaction with creator as well less charge for announcement. So in today's world businesses can no longer ignore this social network trend because it has an enormous impact on grabbing the attention of latent clients and reducing cost of advertising
This essay will examine how using social networking sites has impacted on business platform in today's world especially in grabbing the attention of latent clients and reducing cost of advertising.
Grabbing the attention of Latent Customers
The significant aim in a commercial worldis to grab the attention of latent clients and increasingbrand's awareness. The effective mode of grabbing clients’ attention is through online video by showcasing the firm’s products. For example: YouTube helps you to tell your product's story and delivers messages better than words. In today's world a lot of companies using YouTube to show their new feature of their product such as Samsung Mobile, iPhone, HTC, Apple, Sony and H&M they use online video by showcasing to promote their products. Through these social networks they can be in contact with their customers by email because now days many users are now active on social media and it is easiest technique to communicate with clients. Also it is easy to method to find new clients they set up a corporation profile on the main social media sites such as Facebook, Twitter and then start publishing their own content and communicating with their clients.
Reducing Cost of Advertising and increasing Revenue
All Businesses wants to decreasing operation costs, and increasing income social media is a valuable tool to business when they use these social Medias they can increase revenue and reduce process price. Attracting customers need advertising to grab their attention by using conventional media such as newspapers, magazines, and television to advertising is more costly than promoting your business through social networking sites. For example announcing through newspaper for new feature of iPhone and writing down all information and quality about it not attract customers if you compare to advertising through social network sites.
Finally, in today's world business platform has greatly impacted by using social networking sites particularly in grabbing the attention of latent customers and reducing cost of advertising. Enormous companies and small business through using these social networking sitesthey communicate with them and grabbing latent of potential customers. Also increasing profit and decreasing cost of announcement.