Sunday, September 22, 2013

Pros And Cons Of Social Media Marketing

Social media marketing is the new trend in marketing and it has a very powerful effect on your business profits because you can target your respective audience and convey your message to them easily and without confronting their interest. It has become an essential element in marketing and almost every online business owner and web page owner is doing this sort of marketing. There are some advantages as well as there are some disadvantages of this marketing. In this discussion I will discuss all of such things related to social media marketing.

First of all social media gives you a good information on your target customers. This allows you to read their interests and you can plan your marketing strategy accordingly. You can also select your target audience by geographical location, language or their common interests by just looking at their profiles. This is a fantastic advantage of this marketing strategy and secondly you can also see your competitors in open and especially when it comes to rivals in business then, you can see that which strategies they are adopting and you can also adopt a competitive strategy. 
 

These social sites do not only give you current customers but they also make sure that you get future customers too. Every new customers that comes in to visit your brand will be able to read the whole back story and especially when he will interact with your previous customers, he will get a good feedback and that will build your reputation in lot more positive way. They can also contact you directly and ask anything they like to know. This gives a great feeling to a new customer and gives him hope that he is dealing with something real and faithful and not some faceless entity that will never come out of the covers.

In disadvantages of social media, on top is the time consumption because these strategies will take lots of time to give you results. You need to have enough time to implement these strategies effectively but you can avoid this time consumption by hiring someone professional who can do all the time consuming work for you. It tales very less time to ruin your reputation on these platforms like Facebook and twitter because even if a single customers starts shouting that your product did not satisfy his needs and you do not respond in a timely manner then, this word will spread like a fire and will ruin your whole brand name.

So you need to be very careful in terms of quality assurance and customer satisfaction. Another thing is security and safety of your business and as you know that these social web pages are open to access and anyone can get into these pages easily. This makes them a favorite target of hackers. To avoid any unpleasant incident you should try and not display your crucial information and figures about your business on these sites. Keep these things in mind and use social media marketing as a useful tool to increase your business profit.