10 Important Advantages of Social Media

740 Words Oct 25th, 2011 3 Pages
10 Importance of Social Media Marketing for your Company
APR262010
Posted by George as social media

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Social Media Marketing is the one of the most trending topics in online marketing these days and you can see a lot of articles and publications on social media marketing, its importances, ways to implement and so on. Most of the companies are trying to get themselves engaged in various social media channels for various purposes. If planned and executed well Social Media marketing can be one of the most cheapest and effective mode of online marketing and promotion. If your social media marketing is not well planned and executed, it may end in a disaster.
The are many reasons for why a company needs to turn towards social media
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There are many niche social media channels which makes it easier to generate relevant and quality traffic to the website.
5) Improve ROI
Promotion of your products in relevant and product niche social media channels can help you in increasing your return over investment (ROI). Industry relevant social media marketing can help in making your conversion rates better and enjoy a enviable ROI.
6) Getting Customer Feedbacks
Customer feedbacks are the backbone of any industry and the feedback helps in improving the products as per the customer’s requirements. Since social media channels helps in making customer engagement much easier, customer feedbacks are always there on the top and one can always expect helpful customer reviews and feedback which can help in making the products or services even more better.
7) Announcing New products or services
There is no other better and cheap media than the social media sites to inform the customers about the arrival or release of new products and services. Social media channels helps it easier to spread the news of new product and service arrivals to targeted audience.
8) Know more About Customer Preferences
Social Media allows you to know more about the trends and preferences of the customers and act accordingly. Customer preference can also be related to the 5th and 3rd