Using Social Media for Marketing
Social media are having a huge impact on product marketing. Web sites such as Facebook, Twitter, YouTube, and others are forcing companies to change their marketing strategies.
Research the application of social media in marketing using the online library resources and the Internet.
Respond to the following:
Identify a product or service that is marketed via a social media site.
Explain how all of the four Ps in the marketing mix are addressed in this particular social media site.
Examine the influence of advertising in social media. Have you personally been influenced to make a purchase based on the social media
site? What are the factors that persuaded you to make the purchase?
Explain how you think social media sites will affect marketing in the next five years.