Social media has change marketing of products forever and brought it to a whole new level. In the years gone by marketers had to find who there customers where and then try to a find to market them. Now through the detail analytics that is collected online through our online footprint markets know who has an interest in their products and where to find us. Them ads that follow us around are just a remember of how advance these marketing tools are.
Platforms across social media are now so advanced in there skills to track the right customer down for a business it has become a multi billion dollar business. Google page rank is just an example that is been used daily by businesses as it’s been reported Google rakes in close to €100 million a day. This is obviously a huge figure but where was this money been spent before Google came along!!
Social media has helped bring more business into the international marketplace through the advantage of the internet being a worldwide marketplace. Businesses can now form a strategic plan which can change from country to country. One thing that spring to mind is the affect of viral ads that are becoming an objectives of marketing teams as this brings some huge brand recognition. Cadbury’s have recently had an video advert with John Giles and Eamon Dunphy go viral through social media which resulted in more free advertising on radio station programmes.
Marketers also have an avenue to research how their competitors are acting online through their social media channels. Researching these channels can show your competitors social media strategies .Following on from this companies can review if their own strategies are achieving the same level of results in terms of engagement. Social media marketing tools are there for every one to use but it about the person who delivers the strategy to deliver an successful outcome. Ultimately social media is a very cheap tool to use to improve on your business results. However time ,effort and imagination is something that will need to be set out from the start by managers.





