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Social networking sites have become quite popular in the past decade. Not only for people but also for businesses and organizations. They are seeing opportunities where they can increase their digital presence on social networking sites. Social media can be amazingly effective because they tap networks of friendships and relationships (Wallace, 2020). They can target specific markets where groups of people may be more interested in their products. Networking sites can send ads to people whose interests have been seen as someone who would like to purchase certain products. A person who creates a profile on a networking site adds what they are interested in and what things they like. Based on that information ads are sent to them that are similar to their interest, hobbies, or activities.
Social networking sites are a good way for a company to build brand awareness and increase customer loyalty. They can interact with their customers by sharing stories and asking customers to participate by sharing their thoughts and ideas. But there is also a downside to using social media. Negative remarks towards businesses can go viral quickly and damage a company's reputation. They must be cautious with what they share to ensure they do not offend anyone or any group.
The bullwhip effect is a supply chain phenomenon describing how small fluctuations in demand at the retail level can cause progressively larger fluctuations in demand at the wholesale, distributor, manufacturer, and raw material supplier levels. The bullwhip effect often occurs when retailers become highly reactive to demand, and in turn, it amplifies expectations around it, which causes a domino effect along the supply chain.
One of my favorite networking sites that I use is Facebook. Facebook knows my interest by what I have provided and they show ads that I may be interested in according to what information I provide. I have also noticed that when I click on a link, Facebook knows and then shows more things related to what I browsed and read. They know what I have searched and use the information to send ads to me based on searches. Sometimes I even think they can hear what I am saying or talking about with others. For example, I remember talking about Disneyland, and the next thing I knew I was getting ads about Disneyland. I think this is kind of scary as our
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- You need to provide an explanation of how social networking sites, along with other online discussion groups and chat rooms, interact with one another in terms of what they are and how they operate in the context of your particular area of expertise. When it comes to doing research on the internet, how specifically may these tools be of assistance?arrow_forwardFind a website that you think has been effective in developing a significant presence on the internet and study how they did it. What aspects of this website lead you to feel it should be visited? Find a website that, in your opinion, does not give a good digital presence and analyse why that is. What exactly are the problems that users are experiencing on this website, and how may they be resolved?arrow_forwardWhen it comes to online communication, message boards, newsletters, blogs, and instant messaging are only the tip of the iceberg. You should also take into account social networking sites like Facebook and Twitter, as well as online discussion forums like Reddit and Speakeasy. What are the benefits of using these technologies while doing online research?arrow_forward
- The use of technology in the students' day-to-day life is becoming more prevalent; nevertheless, in what specific ways is it having an effect on them? The following are some of the ways in which one might describe the impact that social media is having on today's youth:arrow_forwardExplore the several ways that data may be retrieved from social media networks.arrow_forwardDo Social Networking Sites Have Social Capital?arrow_forward
- There are various benefits to using search engines.SEO may be better understood with the aid of a concrete example.arrow_forwardIt is conceivable that social networking sites will prove to be an advantageous source of information.arrow_forwardTwitter is becoming more popular as a social media platform that can be used for both personal and business purposes. There are five distinct approaches that may be used when using Twitter to increase a company's revenue. What does it imply when something is "trending" on Twitter?arrow_forward
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