Social Media-The soul of e-commerce in today's world

    26th Apr 2017
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    Social media – a combination of Facebook, Twitter, Instagram, and Pinterest – is

    one of the main forms of consumer engagements in today’s technology-driven

    world. Each and every brand is affiliated with social media, and thus, traditional

    marketing is filtering in social media as one of its main sources of revenue. In

    fact, experts predict social media taking over from traditional forms of marketing

    in a matter of decades, if not years.

    In India, internet penetration has seeped into a high percentage of the overall

    population, and yet social media is the chosen option for many e-commerce

    brands, especially amongst the urban section of the population. It is the channel

    through which the Ecommerce universe is reinventing & positioning itself while

    building customer awareness & engagement. The whole philosophy of marketing

    being a two-way street has finally found its creative expression through social

    media. Below are the few of aspects of Social Media that can help you achieve

    more success in your business.

    • Driving traffic through social media: One of the best ways to driving traffic

    through social media is to post your content more than once. Around 2.8 billion

    people all over the world use social media at least once in a month (as per the

    findings of We Are Social and Hootsuite). It has grown 21% year-on- year basis.

    Social media, unlike what some people believe, is not a medium to seek personal

    validation. It can also be a means of integrating the personal and public, and a

    means of finding out about the larger world which surrounds one, at every level.

    Facebook as a medium is not about posting photos or updates only; it can be a

    means of using a set of online collaborative tools such as shared pick lists, user

    ratings and other user-generated content-sharing of online product information

    and advice. Similarly, Instagram is not just about using trendy hashtags, it can

    also be about providing a platform to talk about your brand through innovative

    captions. Twitter can be about providing information customers need to research,

    compare and ultimately choose your product over your competitor’s.

    • Boosting brand awareness and online reputation through direct contact:

    The ability of people to recognize your brand and your reputation has a direct

    impact on your sales rate and success of the organization. A huge percentage of

    consumers in today’s social networking world prefer shopping from the brands

    they follow on social media. The direct and personalized contact with the

    customers also lets you build the brand’s loyalty which is a critical technique to

    increase your revenue.

    • Hyper- targeting and personalization for Customer Acquisition: Since

    social media lets you have a direct contact with your targets audience, it helps

    your marketing content serve straight to the customer’s pain point. It gives the

    business an opportunity to create personalized campaigns based on their target

    audience, instead of depending upon a one-size- fits-all approach for achieving

    the desired result. Thus, Social Media has come out as an effective tool that

    helps you reach millions of potential customers across the world with a

    customized approach.

    • Social proof your brand via share, retweets, likes, reviews: Social media

    gives e-commerce business a social proof or a review of your product based on

    other people’s opinion. A lot of people today take the decision depending on what

    others have to say about it. The products reviews, blogs, shares, retweet, likes,

    etc. are social proofs validates your business in front of the budding as well as

    existing customers. It encourages the buyer and makes them more comfortable

    with their buying decision.

    • Advertising in large consumer base with minimal effort: Talking in terms

    of favorable outcome these social media platforms play a prominent role. Mainly

    because millions of people can be found under the same roof at one point of

    time, thus, this feature has made reaching out to a large number of consumers at

    the same time, the most efficient tool for promoting e-commerce. It not just helps

    in promoting the website but also informs the customers about the availability of

    various products and services they have been searching for. This practice helps

    in generating high traffic and increase in sale

    • Newsjacking Opportunity: This feature helps enables you to align your

    activity on social media platform with some trending post or topic. You can gather

    maximum benefit by referring to a particular topic that is popular outside the e-

    commerce domain and people are sharing it and already attracting towards it.

    This approach will help you raise awareness about your brand, increase sales

    and help you in successfully achieving your marketing goals.

    Social media will always be a forum where the world of e-commerce finds its

    mirror i.e. it is easy to locate the changing needs and expectations of customers.

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