Our main goal is the help our customers receive advertising for a fair price. Most sources of advertising including television, radio, and newspaper can cost thousands of dollars or even millions for bigger companies. However, with the improvement of technology and the rising use of the internet, social media has become an innovative and inexpensive for businesses to advertise themselves to the millions of people who want to buy their product or services. Now with our service, businesses can take advantage of this opportunity to save money on advertising. The target customer for our service are small local or family businesses in the Fort Wayne area. This is because small businesses struggle with finding enough money to advertise and get their name out to the public. The name of our Company is Summit City Advertising and it is operated and owned by William Ferguson, Josh Yankosky, and Ryan Ruppert. Businesses will want us to use social media to advertise them because the three of us have all grown up around social media. Everyday the three of us scroll through our …show more content…
Local Businesses such as Ferguson Advertising, charge numbers close to five thousand dollars a month. Our business is able to lower our prices to 500 dollars a month, giving us an opportunity to attract more business than our competitors. This allows us to excite our clients with our low prices thus giving us an advantage of having more clients making us more profitable; this lets us compete with the larger businesses. While we would not be the only companies offering social media advertising, we offer a unique perspective to social media. We have aged at the same rate that social media has, learning as it progresses. Large social media companies have to learn the best ways to use social media, as they most likely do not use it nearly as much as any teenager today
In digital ads advertising sale agents have Different rates of advertising that can be up to the business to choose how much they want to spend. In the article "Facebook ads have definitely been the most successful overall" written by Megan LaBant Abrahamsen who is the owner of Blue Star Bazaar. She stated “ I can set a small budget(less than $10 per day) and target specific customers” (LaBant). This is very helpful for those companies who are searching for a specific target audience, and an added bonus is that it is inexpensive to those who own a small business can take advantage of this. As, well as big corporations selling products would save a lot of money, if they advertise online which is a big part of the economic spectrum because companies
Researches of the past years shows- In Europe and America over 80% of teens and young adults are using social media of different types. Soft drink giant Coca-Cola is already integrating Facebook as a part of their marketing plans with 20 million of Facebook fans. Those kinds of changes indicate to significance of social media marketing for present world.
INFORMATION Social media has to be one of the greatest developments of human history. It has connected humanity like never before. It has changed the way that people do business, with companies providing their own social media accounts to interact in real time with customers. We can quickly see what’s going on in our communities and around the world.
4. Proposed Recommendations and Justification 4.1. Change of Business Strategy Given the company’s market position and the current industry conditions, it is recommended that Trans-Cab should focus solely on renting its taxis to prospective drivers and to create brand awareness among the public. Traditionally, taxi operators earn revenue through taxi rentals and by charging commission from taxi-bookings their drivers accept through its general packet radio service (GPRS) booking systems. However, with the introduction of taxi-booking platforms, such as those of GrabTaxi, commuters and drivers do not have to rely on the dated GPRS taxi booking services.
Thirty years ago, the concept of social media would have seemed impossible. A place where a person can show everyone they know what they are doing in two seconds from any city seems insane. Today, it is the daily ritual of the average teenager, including myself. I start my mornings looking at Instagram and end my nights looking at Snapchat. The middle of the day is for YouTube.
Abstract The emergence of social media has led to the rapid increase of its usage amongst the consumers around the world. This has increased the usage of social media for adoption of tactics such as public relations by many professionals. Since this new form of communication is spreading and growing at such a fast pace, it has become crucial to thoroughly analyze the impact social media has on the overall performance of the practice of public relations. Introduction
Introduction In this new era of internet, computers and cell phones play a vital role in business. The growth of technology is in its highest pace. Marketing and communication techniques also changed with the technology. With the growth of Internet, online social Medias have become important communication channels and also virtual communities have emerged.
While television and newspapers are often used to advertise products, these are costly. Social media is a cheaper and easier way to increase marketability. Evidence shows that it costs approximately $2.50 on social media for informing upto 1000 people compared to television, which can range for $28 (Cost Per Thousand Impression 2016). As a result, many business owners choose to advertise on social networking sites. According to Smith (2017), Facebook advertising is used by 2 million business for boosting their products and services worldwide.
Should the companies block social media websites at
With the internet being invented and undoubtedly taking huge precedence in our lives, there is inevitably going to be a way for people to waste their time on the internet. That time waster, also known as social media, is one of the most beneficial and also one of the worst things that has entered the lives of people as a result of the internet. People everywhere use social media. They use it to feel connected to people who are far away, to promote their businesses, and for a plethora of other reasons. Social media has begun to be increasing used in school, the workplace, and also just in peoples own homes.
Youth today are very inclined in using social media. Most of the students tend to believe that social media helps them a lot in terms of learning, studying, researching and finding information. Students can be easily influenced. Due to their curiosity, they want to explore or try what is new and trending to be able to fit into the society. They are able to easily adapt everything that they see around them.
Online Marketing Internet and powerful mobile technologies have rapidly increased company efforts to market their products and services and build customer relationships via websites, social media, e-commerce, mobile apps, online promotions etc. These are very powerful tools, especially to reach the younger generations of tech savvy
How to Find the Right Social Media Influencers For Your Brand You may have heard the term “social media influencer” being thrown around a lot lately, especially in the digital marketing circles. Social media influencers are a vital aspect of creating an effective digital marketing strategy. In the world of online consumers, influencers play a huge part in selling your product and promoting your brand. If you’re new to the idea of influencer marketing, we’re hutere to clear the air and help you find the right social media influencers for your brand. What is a Social Media Influencer?
2.1.2 Basic elements of word of mouth: • Educating persons about your products and services. • Identifying persons most likely to share their opinions. • Providing tools and instruments that make it easier to share information. •
Introduction “Companies today are rushing headlong to become more digital… This often results in piecemeal initiatives or misguided efforts…[regarding their use of social media platforms]” (Dorner and Edelman, 2015:1) In a society where social media has a profound impact on businesses we ask ourselves just how effective can it be? And if not effective, what are the negative impacts?