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Hello and welcome to the session on social media marketing. My name is Hanne Knight and I teach marketing at the University of Plymouth in the UK. Some of the content is taken out of my textbook Digital Marketing in Practice, how to design, implement, and measure effective campaigns.
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In this session, we will be looking at social media marketing and we'll be covering six steps that help when planning a successful social media marketing campaign.
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Social media has allowed both consumers and businesses to find new ways of communicating with each other. With over 4.5 billion social media users in the world, the opportunities to connect seem endless. Consumers are using social media channels to chat with each other, learn about new products, and share content they deem interesting or relevant to others. Dollarhide provides the following definition: "The term social media refers to a computer-based technology that facilitates the sharing of ideas, thoughts, and information through virtual networks and communities.
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The two most important aspects of social media seem to be the importance of user-generated content as well as connectivity between the users. Li, Larimo and Leonidou establish that social media has changed the marketplace in three fundamental ways. First, social media allows businesses and customers to connect in ways that have not been possible in the past. Second, social media has changed how firms and customers interact and influence each other. Third, the amount of data created through social media has made it progressively possible for businesses to improve the management of customer relationships and enable informed decision-making in business.

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