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Social Media Marketing Insights

1) Social media began in the 1990s with platforms like Six Degrees and Friendster, paving the way for further development. Popular platforms today include Facebook, Twitter, LinkedIn, and YouTube. 2) Hashtags group similar content and help engage followers on social media, building brands and awareness. Businesses use hashtags to encourage sharing of experiences and opinions to drive purchases. 3) Effectiveness of social media is measured using metrics related to inputs like cost per thousand views and outputs like number of users, interactions, and generated sales.

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0% found this document useful (0 votes)
103 views5 pages

Social Media Marketing Insights

1) Social media began in the 1990s with platforms like Six Degrees and Friendster, paving the way for further development. Popular platforms today include Facebook, Twitter, LinkedIn, and YouTube. 2) Hashtags group similar content and help engage followers on social media, building brands and awareness. Businesses use hashtags to encourage sharing of experiences and opinions to drive purchases. 3) Effectiveness of social media is measured using metrics related to inputs like cost per thousand views and outputs like number of users, interactions, and generated sales.

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Shannon
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We take content rights seriously. If you suspect this is your content, claim it here.
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Discussion Board Forum 4

Shannon Merchent

School of Business, Liberty University

BUSI 330: Principles of Marketing

Professor Ron Ballard

June 26, 2020


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Discussion Board Forum 4

Social media is defined as “online media where users submit comments, photos, and

videos – often accompanied by a feedback process to identify popular topics” (Kerin & Hartley,

2020, pp. 462). The research that I have conducted states that social media began back in the

1990s with the very first platforms Six Degrees and Friendster. Along with the emergence of

blogging and bulletin boards, these online forums paved the way for the social media revolution

(Jones, 2015). After Six Degrees and Friendster, MySpace emerged and was the first social

media site to reach 1 million monthly active users. It has become so popular for the fact that

people can share their experiences and check up on others relatively quickly. Family members

and friends from anywhere in the world can connect and stay informed about each other’s lives

and keep them updated in case of emergencies or celebrations.

Facebook, Twitter, LinkedIn, and YouTube are four widely used social media platforms

in the world. Each of these platforms, in a business perspective, allow users to market their

products and brand through links, hashtags, pages, and videos. While all four of these platforms

allow users to post content, they are different in their own aspects. Facebook is used primarily to

keep up to date on family and friends while being able to join pages with others that share

common interests. Twitter is consisted of short “tweets” that allow users to make witty or serious

statements. A numerous amount of celebrities and business use Twitter to promote change,

market products, or even interact with other users. LinkedIn’s main purpose is for professional

networking and job searching. Users create business profiles to connect with other business

professionals and it allows them to search for jobs or recruiters to find them. Unlike other social

media websites, LinkedIn is strictly for professional business and not so much pleasure. Lastly,

YouTube is a platform dedicated to user’s uploading personalized videos to their channels. This
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platform allows these people to have a visual voice instead of just a written one. Overall, these

four platforms are more different in the fact of how users post content and what kind, but they all

have the same goal by bringing everyone together.

A hashtag is a pound sign attached to a word or phrase that signifies the theme of

someone’s content (Boot Camp Digital, 2013). Hashtags are essentially hyperlinks that are used

to group similar content on to one page so that users can associate with others that have like

minded views. Hashtags are also used to help engage with your followers or other users on

various social media platforms, it gives the opportunity to build brands, show support for social

issues, add context to posts, and help target audiences find you (Olafson, 2020).

Businesses use hashtags to advance consumer awareness to products and services by

encouraging people to post their experiences, the products they bought, and their thoughts on the

products. These hashtags, like stated above, will provide others a specific place to see other

opinions on these companies and their products and help drive them to make purchases as well.

A business measures the effectiveness of their social media efforts by measuring those

that are linked to inputs or cost and those tied to outputs or revenues (Kerin & Hartley, 2020). To

find the performance measure that in linked to inputs or cost, the brand manager can use cost per

thousand (CPM), cost per click (CPC), and then cost per action (CPA). Cost per thousand is the

number of times the ad loads and a user may see it. Cost per click measures the pay rate for

advertising which means when a user clicks on an ad and it takes you to that page, the advertiser

pays whatever website that ad was on for the click. Finally, cost per action measures the cost of a

social media ad to the sales generated by the ad. Finding the performance linked to outputs or

revenues are measures by a number of different things like users/members, fans, share of voice,

page views, visitors, unique visitors, average page views per visitor, interaction rate, click-
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through rate, and fan source (Kerin & Hartley, 2020). All these categories help brand managers

to estimate the sales revenue that has been generated.

Lastly, I believe that social media has become a form of gossiping in today’s world.

Anyone can see other’s successes, failures, etc., if someone shares, and then speak negatively

about them. Humans are jealous, conniving, and judging if they believe that others are not doing

what they should or because others are doing better than them. 1 Timothy 5:13 says, “Besides

that, they learn to be idlers, going from house to house, and not only idlers, but also gossips and

busybodies…” (English Standard Version). This verse explains that people learn to stay silent

and as they converse and interact with others, they learn to talk about them behind their backs

while staying silent in front of them. In my opinion, I believe as Christian men and women, we

can use social media to spread the Gospel, to spread the love of Jesus, and to educate people

about the love and sacrifice that Jesus did for us. It is also important to teach others that just

because someone else is not in the same place as you, does things you don’t agree with, or is in a

better place than you currently, does not mean you can judge them. Celebrate them in their

season of life and know that God has a plan for you, and you will achieve the greatness that God

has set for you. God is the only one that can judge us so, why not love one another and be

thankful for the things you have, not what you do not.
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References

Boot Camp Digital. (2013). What is a Hashtag? [Video]. Retrieved 24 June 2020, from

https://www.youtube.com/watch?v=-4A_wdR0Ukc&feature=emb_title.

Jones, M. (2015). The Complete History of Social Media: A Timeline of the Invention of Online

Networking. History Cooperative. Retrieved 24 June 2020, from

https://historycooperative.org/the-history-of-social-media/.

Kerin, R., & Hartley, S. (2020). Marketing: The Core (8th ed.). McGraw-Hill Education.

Olafson, K. (2020). How to Use Hashtags: A Quick and Simple Guide for Every Network.

Hootsuite Social Media Management. Retrieved 24 June 2020, from

https://blog.hootsuite.com/how-to-use-hashtags/.

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