Principles Of Marketing
17th Edition
ISBN: 9780134492513
Author: Kotler, Philip, Armstrong, Gary (gary M.)
Publisher: Pearson Higher Education,
expand_more
expand_more
format_list_bulleted
Concept explainers
Question
Identify two reasons people may underestimate the size of their social media audience?
Expert Solution
arrow_forward
Step 1
Social media are defined as the common networking platforms that are developed by the companies (e.g. Facebook, YouTube, Twitter etc), which enables its users to share information, emotions, feelings, videos, news etc to their friends, relatives, online groups and public globally. According to one of the reports published in the year 2019, there were approximately more than 3 billion social media users worldwide and is expected to rise 30% by the year 2030, Hence today social plays an important role in the promotion and growth of products or services which are produced/ marketed by different kinds of businesses.
Trending nowThis is a popular solution!
Step by stepSolved in 3 steps
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, marketing and related others by exploring similar questions and additional content below.Similar questions
- There are many perks to being able to reach out to people in different ways through social media.arrow_forwardaccording to the harvard study "Dopamine, smartphones & you," how long on average does an adult spend on social media each day?arrow_forwardWhat are the overarching goals that businesses endeavor to fulfill through the implementation of social media marketing strategies?arrow_forward
- During which stage of a social media strategy would you monitor the metrics you choose.arrow_forwardWhy is growing the number of users such an important metric for social media companies? How does Metcalfe’s Law relate to the probability of social media companies?arrow_forwardWheel of Social Media Engagement?arrow_forward
- How might "filter bubbles" exacerbate crises on social media, and what strategies can platforms employ to counteract them?arrow_forwardwhy do social networks matter?arrow_forwardWho might participate in the social media interaction onbehalf of a company? What strengths could each of thesepeople contribute to the conversation?arrow_forward
- why is social media good for marketing? and benefits of social media marketing.arrow_forwardOf the 6 factors that Adam Alter in his book "Irresistible" mentions, which do you feel are the most impactful in making social media "addictive?" Why?arrow_forwardHow do social media companies make money from teenagers who use social media?arrow_forward
arrow_back_ios
arrow_forward_ios
Recommended textbooks for you
- Principles Of MarketingMarketingISBN:9780134492513Author:Kotler, Philip, Armstrong, Gary (gary M.)Publisher:Pearson Higher Education,MarketingMarketingISBN:9781259924040Author:Roger A. Kerin, Steven W. HartleyPublisher:McGraw-Hill EducationFoundations of Business (MindTap Course List)MarketingISBN:9781337386920Author:William M. Pride, Robert J. Hughes, Jack R. KapoorPublisher:Cengage Learning
- Marketing: An Introduction (13th Edition)MarketingISBN:9780134149530Author:Gary Armstrong, Philip KotlerPublisher:PEARSONContemporary MarketingMarketingISBN:9780357033777Author:Louis E. Boone, David L. KurtzPublisher:Cengage Learning
Principles Of Marketing
Marketing
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Pearson Higher Education,
Marketing
Marketing
ISBN:9781259924040
Author:Roger A. Kerin, Steven W. Hartley
Publisher:McGraw-Hill Education
Foundations of Business (MindTap Course List)
Marketing
ISBN:9781337386920
Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:Cengage Learning
Marketing: An Introduction (13th Edition)
Marketing
ISBN:9780134149530
Author:Gary Armstrong, Philip Kotler
Publisher:PEARSON
Contemporary Marketing
Marketing
ISBN:9780357033777
Author:Louis E. Boone, David L. Kurtz
Publisher:Cengage Learning