Social Media Marketing Lesson 4
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Questions and Answers

What is the primary goal of social media marketing?

  • To reduce labor
  • To reduce costs
  • To create and exchange value with customers (correct)
  • To increase brand awareness
  • What is the main difference between conventional marketing and social media marketing?

  • Conventional marketing focuses on sales, social media marketing focuses on brand awareness (correct)
  • Conventional marketing targets individuals, social media marketing targets groups
  • Conventional marketing is more expensive, social media marketing is cost-effective
  • Conventional marketing focuses on brand awareness, social media marketing focuses on sales
  • What is NOT a topic covered in this social media analytics module?

  • Calculating ROI (correct)
  • Identifying influencers
  • Extracting social media data
  • Presenting results
  • What will students learn to do in this module?

    <p>Measure, analyze, and interpret social media data</p> Signup and view all the answers

    What is another term for social media marketing?

    <p>E-Marketing</p> Signup and view all the answers

    What is the definition of marketing?

    <p>A social and managerial process by which individuals and groups obtain what they need and want through creating and exchanging value with others</p> Signup and view all the answers

    What is a key characteristic of social media that differentiates it from traditional media?

    <p>Anyone can create, comment on, and add to the content.</p> Signup and view all the answers

    What is the primary goal of social media marketing?

    <p>To build relationships directly with consumers.</p> Signup and view all the answers

    What is a key feature of social media that enables it to provide an exchange of information between customers and suppliers?

    <p>It is a many-to-many medium.</p> Signup and view all the answers

    How does social media marketing differ from traditional marketing?

    <p>It is a multi-way participatory environment.</p> Signup and view all the answers

    What is a characteristic of Web 2.0 that is reflected in social media?

    <p>It allows for the creation and exchange of user-generated content.</p> Signup and view all the answers

    What is the role of users in social media?

    <p>They are active participants in the creation and exchange of content.</p> Signup and view all the answers

    What is a key difference between traditional media and social media?

    <p>Immediacy requirements</p> Signup and view all the answers

    What is the primary benefit of consumers providing content and feedback on social media?

    <p>Input for various marketing related activities</p> Signup and view all the answers

    Which of the following social media strategies is characterized by being very active in many channels?

    <p>Mavens</p> Signup and view all the answers

    What was the outcome of Nestlé's initial response to Greenpeace's video on YouTube?

    <p>A storm ensued on Nestlé's Facebook page</p> Signup and view all the answers

    What was the outcome of McDonald's social media campaign that invited customers to share their experiences?

    <p>McDonald's got grilled on Twitter</p> Signup and view all the answers

    What role did social media play in the Egyptian revolution against the country's ruling government?

    <p>Egyptian protesters openly thanked social media's role in the revolution</p> Signup and view all the answers

    Study Notes

    Social Media Definition

    • Social media refers to a group of Internet-based applications that build on the ideological and technological foundations of Web 2.0.
    • It allows the creation and exchange of user-generated content.

    Characteristics of Social Media

    • It interacts with users while providing information.
    • It provides a way for people to share ideas, content, thoughts, and relationships online.
    • It can take the form of text, audio, video, images, and communities.
    • Anyone can create, comment on, and add to social media content.

    Social Media vs. Traditional Marketing

    • Social media marketing is a multi-way (brand-customer, customer-customer) participatory, user-generated approach.
    • Traditional marketing is a one-way (brand-customer) push and interrupt, brand-generated approach.

    What's Changed?

    • Prior to the Web, organizations attracted attention by buying expensive advertising and getting third-party media coverage.
    • Now, it's about building relationships directly with consumers.

    Social Media Analytics

    • Introduction to Social Media Analytics (IT3355/335C) equips students with fundamental knowledge of measuring, analyzing, and interpreting social media data.
    • The module teaches students to identify goals and objectives, use social media tools and metrics, and apply data extraction, mining, and visualization techniques.

    Social Media Marketing Strategy

    • Selectives Mavens focus on a few channels and excel in those, making social media a core part of their marketing strategies.
    • Wallflowers Butterflies are present in only a few channels and are wary of the risks.
    • Some recognize the need to be in many channels but only succeed in a few activities.

    Impact of Social Media

    • McDonald's faced backlash on Twitter after inviting customers to share their experiences.
    • Nestlé persuaded YouTube to remove Greenpeace's video about palm oil, leading to a storm of negative comments on Nestlé's Facebook page.
    • Egypt blocked Twitter and Facebook during the 2011 revolution, acknowledging social media's role in the uprising.

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    Description

    Learn about social media, its definition, and how it allows users to create and exchange content. Understand the role of Web 2.0 in social media and how it interacts with users.

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