Twitter[edit]
Twitter allows
companies to promote their products on an individual level. The use of a product
can be explained in short messages that followers are more likely to read. These
messages appear on followers’ home
pages. Messages can link to the product’s website, Facebook profile, photos,
videos, etc. This link provides followers the opportunity to spend more time
interacting with the product online. This interaction can create a loyal
connection between product and individual and can also lead to larger
advertising opportunities. Twitter promotes a product in real-time and brings
customers in.
Facebook[edit]
Facebook profiles are
far more detailed than Twitter accounts. They allow a product to provide videos,
photos, and longer descriptions. Videos can show when a product can be used as
well as how to use it. These also can include testimonials as other followers
can comment on the product pages for others to see. Facebook can link back to
the product’s Twitter page as well as send out event reminders. Facebook
promotes a product in real-time and brings customers in.
As marketers see more
value in social media marketing, advertisers continue to increase sequential ad
spend in social by 25%. Strategies to extend the reach with Sponsored Stories
and acquire new fans with Facebook ads contribute to an uptick in spending
across the site. The study attributes 84% of "engagement" or clicks to Likes
that link back to Facebook advertising. Today, brands increase fan counts on
average of 9% monthly, increasing their fan base by two-times the amount
annually.[15]
Foursquare[edit]
Foursquare is a location based social networking
website, where users can check into locations via their smartphones. Foursquare
allows businesses to create a page or create a new/claim an existing venue.[16] A good marketing
strategy for businesses to increase footfall or retain loyal customers includes
offering incentives such as discounts or free food/beverages for people checking
into their location or special privileges for the mayor of that location.[17]
Google+[edit]
Google+, in addition to providing the profiles and
features of Facebook, is also able to integrate with the Google search engine. Other Google products are also
integrated, such as Google Adwords and Google Maps. With the development of Google Personalized Search and other
location-based search services, Google+ allows for targeted advertising methods,
navigation services, and other forms of location-based marketing and
promotion.
Instagram[edit]
Instagram is a free photo-sharing program and social
network that was launched in October 2010. The service enables users to take a
photo, apply a digital filter to it, and then share it with other Instagram
users they are connected to on the social network as well as on a variety of
social networking services.[18]
As of September 2012, Instagram had 100 million registered users.[19]
Blogs[edit]
Everyday there are
more reasons for companies to use blogging platforms for their social media
repertoire. Platforms like LinkedIn
creates an environment for companies and clients to connect online.[20] Companies
that recognize the need for information, originality, and accessibility employ
blogs to make their products popular and unique, and ultimately reach out to
consumers who are privy to social media.[21]
Blogs allow a product
or company to provide longer descriptions of products or services. The longer
description can include reasoning and uses. It can also include testimonials and
can link to and from Facebook, Twitter and many social network and blog pages.
Blogs can be updated frequently and are promotional techniques for keeping customers. Other
promotional uses are acquiring followers and subscribers and direct them to your
social network pages.
In a similar fashion,
online communities benefit businesses because the online communities enable the
businesses to reach the clients of other businesses using the platform. These
online environments can be accessed by virtually anyone; therefore consumers are
invited to be a part of the creative process. To allow firms to measure their
standing in the corporate world, Glassdoor is a site
where employees can place evaluations of their companies.[20]
Some businesses opt
out of integrating social media platforms into their traditional marketing
regimen because their employees dislike such isolated online environments. There
are also specific corporate standards that apply when interacting online.[20] Other
corporations fear that the general public have too much power over how their
marketing is perceived, due to the accessibility of Internet-retrieved
information. To ensure having the advantage in a business-consumer relationship,
businesses have to be aware of four key assets that consumers maintain:
information, involvement, community, and control.[22]
LinkedIn[edit]
LinkedIn, a professional business-related networking
site, allows companies to create professional profiles for themselves as well as
their business to network and meet others.[23]
Through the use of widgets, members can promote their various social networking
activities, such as Twitter stream or blog entries of their product pages, onto
their LinkedIn profile page.[24]
LinkedIn provides its members the opportunity to generate sales leads and
business partners.[25]
Members can use “Company Pages” similar to Facebook pages to create an area that
will allow business owners to promote their products or services and be able to
interact with their customers.[26][27]
Yelp[edit]
Yelp consists of a comprehensive online index of
business profiles. Businesses are searchable by location, similar to Yellow
Pages. The website is operational in seven different countries, including
the United States and Canada. Business account holders are
allowed to create, share, and edit business profiles. They may post information
such as the business location, contact information, pictures, and service
information. The website further allows individuals to write, post reviews about
businesses and rate them on a five-point scale. Messaging and talk features are
further made available for general members of the website, serving to guide
thoughts and opinions.[28]
YouTube[edit]
YouTube is another popular avenue; advertisements are
done in a way to suit the target audience. The type of language used in the
commercials and the ideas used to promote the product reflect the audience's
style and taste.
Also, the ads on this
platform are usually in sync with the content of the video requested, this is
another advantage YouTube brings for advertisers. Certain ads are presented with
certain videos since the content is relevant. Promotional opportunities such as
sponsoring a video is also possible on YouTube, “for example, a user who
searches for a YouTube video on dog training may be presented with a sponsored
video from a dog toy company in results along with other videos.[29]”Youtube also
enable publishers to earn money through Youtube Partner Program.
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