Improved communication, in any aspect of the business, only serves to benefit the company. Operational communication of product information to consumers and stakeholders through the use of social networking has drastically changed business strategies for marketing. According to Phillips, McFadden &Sullins (2010), “traditionally, businesses and firms launched marketing and advertising campaigns targeted at individuals through printed media and audio-visual outlets. This strategy can be costly and effectiveness is difficult to measure (p. 96). The use of social networking has opened multifarious ways for companies to market their product to their target customers in an efficient and effective manner.Businesses are able to take advantage of social networking as a contemporary marketing strategy, through the utilization of onlineadvertising to interactively communicate with consumers, word-of-mouth promotion to publicize their product and database marketing to
Improved communication, in any aspect of the business, only serves to benefit the company. Operational communication of product information to consumers and stakeholders through the use of social networking has drastically changed business strategies for marketing. According to Phillips, McFadden &Sullins (2010), “traditionally, businesses and firms launched marketing and advertising campaigns targeted at individuals through printed media and audio-visual outlets. This strategy can be costly and effectiveness is difficult to measure (p. 96). The use of social networking has opened multifarious ways for companies to market their product to their target customers in an efficient and effective manner.Businesses are able to take advantage of social networking as a contemporary marketing strategy, through the utilization of onlineadvertising to interactively communicate with consumers, word-of-mouth promotion to publicize their product and database marketing to