Assignment 2 BU1333 EM
Assignment 2 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
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."
A place where people can have casual conversations and debates about a particular topic or poin
t of view.
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.
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.
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:
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
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.
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.
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.
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?
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.
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.
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.
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/