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Assignment 2 BU1333 EM

The document provides information about social media and its uses. It discusses how social media can be used to build online communities and engage with audiences. It also describes various social media platforms like Facebook, Twitter, YouTube, LinkedIn and their benefits. The document mentions tools for listening, publishing and competitive analysis on social media and how building relationships with customers is important.

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PUNEET RAJOURIA
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0% found this document useful (0 votes)
108 views10 pages

Assignment 2 BU1333 EM

The document provides information about social media and its uses. It discusses how social media can be used to build online communities and engage with audiences. It also describes various social media platforms like Facebook, Twitter, YouTube, LinkedIn and their benefits. The document mentions tools for listening, publishing and competitive analysis on social media and how building relationships with customers is important.

Uploaded by

PUNEET RAJOURIA
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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STUDENT NAME: PUNEET KUMAR

STUDENT ID: 201907272

COURSE INSTRUCTOR: JAISON MATHEWS

COURSE CODE: BU1333 EM

HISTORY: The Canadian National Exhibition (CNE) is Canada's biggest local area occasion and
one of the best 10 rural fairs in North America. Established in 1879 as the Toronto Industrial
Exhibition, the CNE has appreciated a recognized history. It was where individuals came to
encounter the best and the most brilliant from the most recent developments in innovation and
business items to the best entertainers of the time. The name of the reasonable was transformed
from the Toronto Industrial Exhibition to the Canadian National Exhibition in 1912, to more
readily address what the reasonable had become: A Show Window of the Nation. The Canadian
National Exhibition is Canada's most established and biggest reasonable. It started in 1879 and
draws in over 1.5 million individuals more than 18 days each midyear. The reasonable has
developed throughout the years to react to the changing interests of participants, the progression
of correspondence media, and moving socioeconomics in the Greater Toronto Area. Fifty years
prior, the CNE was the exhibit for new items and specialized advancements, however, TV and
the web are presently the essential hotspots for that data. The reasonable holds its rural roots,
however now centers on its diversion esteem: more than 1,000 entertainers and performers all
remembered for the cost of affirmation. One of the CNE's key difficulties has been to conquer
the amazing recollections that Torontonians have of the CNE of their childhood, and to drive
participation by youthful grown-ups and the GTA's developing populace of new Canadians. The
Farm Concerts  Entertainment HIGHLIGHTS OF THE ANNUAL CNE INCLUDE:
Food Shopping Kids' World (a green space featuring attractions designed for children 10
Games  Rides  & Park Entertainers Exhibits under) & A three-day Air Show (on Labor
Day Weekend)interactive experiences

SOCIAL MEDIA CREATING ONLINE COMMUNITIES FOR


ELECTRONIC COMMUNICATION EXCHANGE
Social media platforms enable you to engage with your audience in new and innovative ways, in
creasing attendance and improving the whole experience.
Organizers frequently spend a lot of time and money on promotion before an event without givin
g much thought to what happens next. 
However, once your visitors walk through the door, your social media event advertising is far fro
m ended.
Members of an online community can publish, comment on debates, give advice, or collaborate, 
and this might include medical advice or specialised health care research. 
People commonly communicate via social networking sites, chat rooms, forums, email lists, and 
discussion boards, as well as daily social media platforms.
This covers social media platforms such as Facebook, Twitter, and Instagram. 
People can also join online communities through video games, blogs, and virtual worlds,
 and they may be able to find new significant others through dating services or virtual worlds.

SOCIAL MEDIA
Social media are interactive technologies that allow people to create and share information,
ideas, career interests, and other kinds of expression through virtual communities and networks.
Social media began as a way to connect with friends and family, but it was quickly adopted by
businesses looking to reach out to customers through a popular new communication tool.
The ability to connect and share information with everyone on the planet, or with a large number
of people at once, is the power of social media.

Millions of like-minded people and potential consumers are waiting to connect with you and you
r company.
You can send out broad announcements to all of your followers, with the possibility of them goin
g ‘viral.'
You may host events and real-time discussions on a variety of themes.
Consumers are more likely to buy from brands they can reach on social media, according to 21% 
of respondents.
In their content marketing approach, 73 percent of marketers believe social media is "somewhat 
effective" or "extremely effective."

SOCIAL MEDIA PLATFORM


Blogs-

 A place where people can have casual conversations and debates about a particular topic or poin
t of view.

Facebook

 is the world's most popular social media platform, with over 1.55 billion monthly active users (a
s of the third quarter of 2015). 
Users build a personal profile, add friends, and send messages, including status updates, to one a
nother. 
Facebook users can "like" brands' pages, which are created by brands.
Twitter is a social networking/microblogging platform that allows individuals and groups to rem
ain in touch by exchanging brief status messages (140 character limit).

YouTube watching videos. 

Flickr is a website that hosts images and videos, as well as an online community. 
Photos can be posted on social media sites such as Facebook, Twitter, and others.

Instagram is a free picture and video-sharing programme that allows users to add digital filters, 
frames, and other effects to their photos before posting them on social media networks.

LinkedIn is a social networking site where groups of professionals with similar interests may sh
are information and engage in discussions.

BENEFITS
Building relationships is one of the advantages of utilising social media. 
It's not just about brands communicating with their customers on social media.
Share your knowledge. 
You can use social media to communicate about what you know and what you want to be recogn
ised for....
Make yourself more visible.
Educate yourself.
You can connect at any time.

SOCIAL MEDIA TOOLS


There are three types of social media tools in general. 
Platforms for listening, publishing, and competitive analysis are all available. 
Each tool approaches social media from a different perspective. 
They can work together to assist your company meet all of its social media and business objectiv
es.

Platforms for Listening

Salesforce Marketing Cloud is an example of a listening platform. 
These tools can monitor a variety of social media channels to see what people are saying about y
our company. 
You'll also be able to learn about the most recent industry news and trends.
When it comes to creating content, this information will be really useful. 
You'll understand what matters to your target audience and what they care about. 
However, you can't totally rely on listening platforms. 
You'll need a comprehensive competition study to gain a better grasp of the sector. 
These tools will be covered in more detail later.
Platforms for Publishing

Platforms for publishing material assist you in reaching out to a global audience. 
The last thing you want to do after you've developed your content is spend time posting it. 
Platforms such as HootSuite and Percolate make it simple to share material across numerous plat
forms at once. 
It's simple to create a posting schedule, making it simple to contribute content on a regular basis.

Platforms for Competitive Analysis

Other tools focus on users, whereas social analysis tools concentrate on companies and sectors. 
You'll be able to keep track of the indicators that matter to your company. 
This comprises first-touch analysis, multi-channel analysis, content analysis, and timing analysis.

Most significantly, you'll be able to assess the content of your competitors. 
This is why competitive intelligence solutions like Unmetric are so useful. 
You'll be able to gain a thorough picture of what's working in your sector as a whole. 
You can easily find hot topics and untouched niches.

SOCIAL NETWORKING SITES


The use of Internet-based social media sites to stay in touch with friends, family, coworkers, cust
omers, or clients is known as social networking. 
Through sites like Facebook, Twitter, LinkedIn, and Instagram, social networking can serve a so
cial, business, or both purposes. 
For marketers looking to engage customers, social networking has become a valuable resource.
Because Facebook, Twitter, and LinkedIn are the leading social media networking sites for busin
esses, businesses looking to gain a position in the digital marketplace should use them.
People still evaluate the advice of others before purchasing services or products, regardless of ho
w advanced technology has grown. This is known as word of mouth marketing.

BUILDING RELATIONSHIP WITH CUSTOMERS

Many people today don't even leave their homes to shop for necessities. 
Building consumer relationships has become much more difficult as a result.
Face-to-face interaction, which is so vital in creating trust and brand loyalty, is no longer availabl
e.
So, where do companies go now to strengthen consumer relationships?

Almost everyone is on social media these days.
Because of social media and its self-serving, feel-good experience, customers are more connecte
d and powerful than ever before. 
Businesses must figure out how to interact with their virtual clients.
But don't worry; we've compiled a list of five ways your company may use social media to streng
then client relationships:

1. Personalize conversations by showing your human side


Always respond quickly to customers
Make it easy for customers to share their story
Show customer appreciation through giveaways and contests
2. Respond to all of your online reviews

STRENGTHEN BRANDS AND BOOST SALES

Giving customers a sense of who you are and what you can provide is what brand identity is all a
bout. 
Establishing a strong and consistent brand identity is an essential aspect of any organization's suc
cess in today's oversaturated market of competing firms. 
It can be compared to a company's DNA.

Know who you're trying to reach. 
Determine what you want to achieve. 
Figure out what makes you unique. 
Consistency is key. 
Respond to the Frequently Asked Questions

How to boost sales using Social Media

Be Present Wherever Your Audience Is
Collaborate with Influencers on Social Media
Turn your loyal customers into brand evangelists.
Create valuable content to educate and entice your audience by sharing user-generated content.
Make an investment in social media marketing.

SOCIAL MEDIA MARKETING

The term "social network marketing" refers to a broad marketing sector. 
It's possible that any time a company uses social media,
 it's deemed social network marketing. 
This type of outreach can happen on any social media platform, including Facebook, Twitter, Yo
uTube, and others.
Increase the number of referrals or sales leads.
Create a positive reputation through word-of-mouth.
Increase product or service sales.
Provide a way for people to give feedback.
Make a name for yourself as an expert or opinion leader.
Increase the number of visitors to a company's website or blog.
Create new goods or services.
Inform people about special events, sales, and other noteworthy happenings.
Provide excellent client service.

CONSUMER AND BUSINESS BEHAVIORS

Buyers are using social media networks in greater numbers than ever before. 
Consumers are looking for recommendations and reviews. 
As a result, having a strong online presence on multiple social media platforms is critical.

The introduction of social media is the most recent marketing trend. 
From the beginning to the end of the purchasing process, social media has the ability to influence 
potential clients.

Consumers must be aware of your brand and what it has to offer. 
When they start to narrow down their options, you'll need a social media influencer to persuade t
hem to make a decision. 
To maintain a solid relationship, the client and the brand must communicate frequently. 
Customers can be glued to your brand if you create appealing and informative content.

Increases product awareness.
Promotions, Discounts, and Deals on Social Media 
Social Media Influencers
As a more powerful driver in purchasing decisions, social proof.

TARGETING THE AUDIENCE

The target audience for social media is the exact group of people you wish to reach through your 
social media channels. 
They're the ones who'll be most interested in your information, products, or services. 
Some similar factors, such as demographics and behaviours, are likely to bind them together.

You don't have to be too detailed about your age here. 
Concentrate on determining which decade or generation your social media target audience belon
gs to.

The following is the location (as well as the time zone): 
What part of the globe does your social media followers call home? 
This will assist you in determining which geographic areas to focus on. 
You'll also discover when it's most critical for your customer support and sales representatives to 
be available online.

What is the language in which your target audience communicates? 
Don't think it's because of your language. 
Also, don't assume they're fluent in the language of their current physical place.

Patterns of spending and spending power: 
How much money does your target audience have to spend on social media sites? 
How do they go about making purchases in your pricing range? 
Do you need to address any special financial worries or preferences they have?

Interests: What are the hobbies and pastimes of your target audience? 
What shows do they watch on television? 
What other companies do they work with?

Challenges: What are the issues that your social media audience is facing?

Time in life: 
Do college students make up part of your social media target audience? 
Are you a new parent? 
Parents of adolescent children? 
Retirees?

CREATING CONTENT AND IMPLEMENTING SOCIAL MEDIA PLAN


Customers are drawn to unique and entertaining information. 
It sets a brand apart from its competition, and if customers enjoy your content, they will ask for 
more. 
Content creation can be utilised to carry out social media strategies.

Each of your social media channels should have its own strategy, such as a Facebook marketing strategy, 
an Instagram marketing strategy, and so on, all of which contribute to your overall social media marketin
g strategy.

RETURN ON INVESTMENT

Use of social media 
The return on investment is a metric that measures the amount of value delivered by your social 
media investments. 
The return on investment is usually expressed in monetary terms. 
Non-monetary metrics can be used to measure ROI in circumstances where the direct impact on r
evenue is difficult to attribute.
For example, if the purpose of a paid social media campaign is to raise brand awareness and imp
act, the return on investment will be higher.

MONITORING, MEASURING AND MANAGING THE SMM CAMPAIGN

Set Goals
Set some goals before you start measuring every Facebook like, tweet, Instagram snap, and com
ment about your items or business. 
Have a clear understanding of what you want to achieve with your social media campaign,
 and then utilise it to select which social media channels you'll employ to get there.
Your campaign's purpose, for example, could be to disseminate information about a new product

Alternatively, perhaps you wish to improve the customer service experience. 
Or perhaps you've made the decision to boost your prospects' engagement.
Each aim will be measured differently, so you should first figure out what you're trying to 
accomplish with your social media campaign before attempting to quantify it.

Create Metrics for Measuring Goals


Now that you've identified your objectives, you'll need to correlate them to real-world behaviour
s and metrics that you can track. 
If you wish to assess awareness, for example, measures like reach, volume, amplification, and ex
posure should be used. 
To gauge involvement in your social media campaign, you should use metrics such as comments, 
retweets, participation, and replies.
Metrics such as URL sharing, conversions, and clicks will be used to track traffic. 
Having the right metrics to measure your social media strategy can help you make sense of the d
ata and make necessary improvements.

Measure Your Success


Once you've settled on the relevant metrics to track, you'll need to identify the suitable tools to d
o so. 
Some social media platforms offer their own analytics. 
You can also utilise third-party applications to collect metrics, such as Google Analytics, Hootsu
ite, and Klout. 
You can also create your own measuring tools using your own APIs.
If you're unsure about how to use certain tools, consult a social media specialist or conduct some 
online research. 
There are numerous alternatives, many of which are real-time. 
If you want to plan ahead and set up tracking, the best time to do so is before the campaign starts. 
This will make it easier for you to access all of the information you require later.

Monitor and Report


Your preliminary findings will serve as a starting point for subsequent measurements. 
Early results might assist you decide where to focus your future marketing.
You should also keep a close eye on your social media strategy on a regular basis. 
Some people require weekly monitoring. 
Others, on a daily basis. 
You must monitor your metrics on a frequent basis, regardless of your reporting schedule.

Rectify Errors
Last but not least, it's critical to evaluate your measuring system on a regular basis. 
Check to see if there's anything you've been missing. 
Make a list of all the things you can improve and make the necessary modifications. 
You should also double-check your primary objectives to ensure that your measurements are trul
y assisting you in achieving them.

ETHICAL AND LEGAL ISSUES

 The attention will be on transparency.

 Any information provided will not be manipulated or inflated in any way.

 Do not overpromise 

 No spam or over-promotion will be tolerated.

 Avoid headlines that are clickbait.

 It will avoid controversies for the sake of public relations.

 Don't Use Fear-Mongering Techniques.

 Stay away from public shaming.

REFRENCES
https://blog.hootsuite.com/social-media-for-events/

https://www.mailerlite.com/ultimate-guide-to-email-marketing/social-media

https://communications.tufts.edu/marketing-and-branding/social-media-overview/

https://unmetric.com/resources/social-media-tools

https://www.investopedia.com/terms/s/social-networking.asp
https://thriveagency.com/news/5-ways-to-use-social-media-to-build-customer-relationships/

https://mention.com/en/blog/sales-on-social-media/

https://www.thebalancesmb.com/social-media-marketing-definition-2948527

https://clootrack.com/knowledge_base/how-does-social-media-influence-consumer-behavior/

https://blog.hootsuite.com/target-market/

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