In a dynamic world of information technology, which evolves very frequent, means of advertisement have also transformed from traditional advertising to online advertising on websites, blogs and social media networks. Today the world is digital and business have to adhere to the changing dynamic nature of digital media. In the late 19th century, advertisement was done by newspaper and magazines where companies posted ads to pitch their products. Other tools of advertisement include word of mouth, TV and radio advertising, billboard advertising, joint ventures, sending promotional handouts, brochures and business cards.
Advertisement plays vital role in marketing or promotion of any product, service, business and brand among the customers. It is a way to inform them about, latest updates and promotions, information about current products and services, upcoming events, special offers and discount etc. In short advertisement is all about keeping your current as well as your potential customers in loop and being in touch with them.
Advertising on social networking sites or known as social media marketing or viral marketing is a new concept that changed the whole perception of advertising. In fact it created a revolution in the field of advertising by utilizing cutting edge tools and technologies. It provides an immense opportunity for businesses to use social media for advertising their products and services to reach the pin-point target segments. Social media advertising or social media networking is growing rapidly and has already surpassed the traditional ways of marketing. A large number of companies from small ventures to corporate giants have realised the power and potential of advertising on social media by setting up their pages on different social networking websites. And many more companies are following their footsteps and gaining advantage of these current technologies.
Social networking has a great role in bringing people together from all over the world. In the past 5 years, it becomes famous platform for people from all over the world by providing variety of ways to interact and share information with friends, family members, customers and professionals. It focuses on building online communities of people who want to communicate, share information, experience and activities with others who are interested in exploring them. According to the studies women tend are the biggest target audience for social media marketing campaigns.
Facebook, Twitter, LinkedIn, Groupon, YouTube and Foursquare are the best places for social media advertising. These sites provide qualitative advertising services for the advertisers at affordable rates. These websites are regularly visited by millions of people, executives and professionals from all over the world for viewing information, responding to queries and solutions of their problems. Company or brand creates their own fan page on site to reach and coordinate with customers.
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With over a Billion collective users on all major social networks, on Facebook alone 750 users, these platforms provide immense opportunity to enhance online presence and brand building.