{"id":223,"date":"2018-09-24T15:05:13","date_gmt":"2018-09-24T15:05:13","guid":{"rendered":"https:\/\/courses.lumenlearning.com\/suny-osintrobus\/chapter\/trends-in-social-media\/"},"modified":"2018-10-12T16:11:49","modified_gmt":"2018-10-12T16:11:49","slug":"trends-in-social-media","status":"publish","type":"chapter","link":"https:\/\/courses.lumenlearning.com\/suny-herkimer-osintrobus\/chapter\/trends-in-social-media\/","title":{"raw":"Trends in Social Media","rendered":"Trends in Social Media"},"content":{"raw":"<ol start=\"10\">\r\n \t<li>What is social media, and how has it changed promotion?<\/li>\r\n<\/ol>\r\n<p id=\"fs-idm370938096\">Advances in technology continue to change the marketing landscape. As you will see in the following sections, marketers are harnessing new technology to hone their marketing message and reach more customers.<\/p>\r\n<p id=\"fs-idm376714976\">The business world now relies on the internet for much of its communications, marketing or otherwise. Almost all companies have Facebook accounts, and individual leaders of companies have separate individual accounts on Linked In, Twitter, Instagram, and other social media sites. New social media sites are popping up almost every week. The phenomenon of social media has created a business climate in which thousands of impressions can be made with one social media post. That impression could be positive or negative. Within social media, there are \u201cstars\u201d of social media\u2014individuals who have developed audiences in the millions who follow their posts every day. <strong>Social media<\/strong> is a hugely powerful tool for marketers. It has it challenges, though, because the platforms are constantly changing and evolving. Also, the audiences being reached often read (or view) and believe the messages seen on various social media platforms without understanding the context of the message. A social media post that goes viral can close down a business, even if the post is not true. That\u2019s what makes social media the newest challenge\/opportunity for marketers. Companies that want to retain market share and build their image must develop tactics for the use of social media and for defending against problems created by the use of this powerful marketing tool.<\/p>\r\n\r\n<div class=\"bc-section section\">\r\n<h3>Promotion through Blogs<\/h3>\r\n<p id=\"fs-idm358357520\">Blogs provide marketers with a real-time dialogue with customers and an avenue to promote their products or services. A <em>blog<\/em> is an online journal with regularly updated content. This content is pushed to subscribers by RSS (really simple syndication) or e-mail and allows for response and discussion from site visitors. RSS enables users to automatically gather updates from various websites, especially news sites and blogs, and display headlines and a brief summary of those updates in a single location. Blogs can be considered to be offerings of social media unless the site is actually part of the company\u2019s main web page.<\/p>\r\n<p id=\"fs-idm371283312\">Well-run marketing blogs usually focus tightly on one niche area, product line, or vertical market segment. The aim is to provide the blog\u2019s readers with a constantly renewing source of news and insight about that topic. About 366 million blogs are registered on Tumblr, and more than 23 million blog entries are posted daily.[footnote]\u201cBlog Posts Written Today,\u201d WorldoMeter, http:\/\/www.worldometer.info, accessed August 30, 2017; Tumblr website, https:\/\/www.tumblr.com, accessed August 30, 2017.[\/footnote]<\/p>\r\nMany companies have set up their own blogs, including <span class=\"no-emphasis\">General Motors<\/span>, <span class=\"no-emphasis\">Apple<\/span>, the <span class=\"no-emphasis\">American Cancer Society<\/span>, and <span class=\"no-emphasis\">Microsoft<\/span>, to name a few. These companies blog because they: (1) get real-time input from customers and prospects; (2) create and maintain relationships; (3) can have a continuing dialogue with loyal customers and prospective clients; and (4) can zero in on specific marketing goals. For example, <span class=\"no-emphasis\">Disney<\/span> uses a blog called Disney Baby to cater to the needs of new mothers. Each of their bloggers has a personal bio that helps provide a connection for the new mother to the blogger and provides a deeper connection to the Disney brand.[footnote]Carly Botelho, \u201c5 Impressive Brand Blogs and What They\u2019re Doing Right,\u201d Business 2 Community, http:\/\/www.business2community.com, March 21, 2014.[\/footnote]\r\n<p id=\"fs-idm390476992\">Firms can also use emerging search tools such as BlogPulse, Feedster, PubSub, and Technorati to monitor conversations about their company and brands. A public relations department might then decide to feed new-product information to bloggers who are evangelists for their brand.<\/p>\r\n\r\n<\/div>\r\n<div id=\"fs-idm375772144\" class=\"bc-section section\">\r\n<h3>Advertisers Jump on Podcasts and Videos<\/h3>\r\n<p id=\"fs-idm381369664\">Podcasts are basically blogs with a multimedia file. The trend developed when a new version of iTunes software made it easy for people to create their own podcasts and post them on a website. There are more than 8,000 podcasters in the United States. Besides individuals, companies are beginning to do their own podcasts as well as posting videos from the company on YouTube as another marketing channel. For listeners, the advantage of a podcast is convenience. Companies now have the ability to use streaming video, which potential customers can download to their mobile devices; for example, ABC News offering a digital version of its programming. The customers\u2019 favorite programs download automatically from the internet, usually free of charge, and they can listen to the programs any time they wish. They can also listen wherever they wish, if they have a mobile device to receive the downloads.<\/p>\r\n<p id=\"fs-idm373796352\">Gimlet Media is one of the nation\u2019s largest podcasters, offering material from nearly 40 different stations as podcasts. At first ad-free, Gimlet\u2019s podcasts are done for direct-to-consumer companies like Blue Apron, as well as for traditional advertisers like Pepsi and Ford. Gimlet now includes a short advertisement before the programming\u2014short enough that people won\u2019t fast-forward through it. Gimlet also received a $5 million investment from advertising giant WPP, a clear sign that the business community sees a bright future in podcasts.[footnote]Peter Kafka, \u201cPodcast Network Gimlet Media Has Raised Another $5 Million\u2014This Time from Ad Giant WPP,\u201d Recode, https:\/\/www.recode.net, September 6, 2017.[\/footnote]<\/p>\r\n<p id=\"fs-idm380991680\">Pet owners can go to <strong>http:\/\/www.purina.com<\/strong> and opt in to receive Purina\u2019s podcasts. The products will offer advice ranging from animal training to pet insurance to nutrition for older pets. Weekly tips will also be sent on things such as how to help your dog lose weight. Owners spend close to $25 billion a year on pet food. The aim of the podcasts is to build brand loyalty with a soft sell.[footnote]\u201cU.S. Pet Food Market Size &amp; Share Is Expected to Reach USD 30.01 Billion in 2022: Zion Market Research,\u201d https:\/\/globenewswire.com, May 22, 2017; \u201cHow Purina Made Fetch Happen [Again],\u201d Medium.com, https:\/\/medium.com, April 5, 2017.[\/footnote]<\/p>\r\n<p id=\"fs-idm382157968\">Videos have become another important promotions channel. Literally hundreds of thousands of videos can be viewed on YouTube, the top video-hosting site on the internet. Many people now log in to YouTube to watch videos on a particular product and how the product can be used. Entrepreneurs and other small-business owners have made extensive use of YouTube to provide value to their customers by creating and uploading informational videos that highlight their products.<\/p>\r\n\r\n<div class=\"concept-check\">\r\n<div class=\"textbox key-takeaways\">\r\n<h3>concept check<\/h3>\r\n<ol>\r\n \t<li>How are companies embracing social media as a way to connect with customers?<\/li>\r\n \t<li>What has been the effect of social media on traditional advertising?<\/li>\r\n<\/ol>\r\n<\/div>\r\n<span style=\"color: #6c64ad;font-size: 1em;font-weight: 600\">Summary of Learning Outcomes<\/span>\r\n\r\n<\/div>\r\n<\/div>\r\n<div class=\"section-summary\">\r\n<ol id=\"fs-idm358827088\" start=\"10\">\r\n \t<li>What is social media, and how does it affect promotion?<\/li>\r\n<\/ol>\r\n<p id=\"fs-idm387974816\">Social media is a relatively new marketing channel that includes platforms such as Facebook, Twitter, LinkedIn, Pinterest, and Instagram. The phenomenon of social media has created a business climate in which thousands of impressions (marketing messages) can be achieved with one creative social media post. Social media is a hugely powerful tool for marketers. It has it challenges, though, because a social media post that goes viral can close down a business, even if it is not true. That\u2019s what makes social media the newest challenge\/opportunity for marketers. The internet and new technology are having a major impact on promotion and promotion expenditures. Traditional media are losing advertising funds to the internet. Many companies are now creating blogs to get closer to customers and potential customers. Podcasts offer advertisers a new medium to reach consumers. Streaming video and videos uploaded to YouTube are also important social media channels.<\/p>\r\n\r\n<\/div>\r\n<div class=\"textbox shaded\">\r\n<h3>Glossary<\/h3>\r\n<dl id=\"fs-idm368974256\">\r\n \t<dt>social media<\/dt>\r\n \t<dd>A relatively new marketing channel that includes platforms such as Facebook, Twitter, LinkedIn, Pinterest, and Instagram.<\/dd>\r\n<\/dl>\r\n<\/div>","rendered":"<ol start=\"10\">\n<li>What is social media, and how has it changed promotion?<\/li>\n<\/ol>\n<p id=\"fs-idm370938096\">Advances in technology continue to change the marketing landscape. As you will see in the following sections, marketers are harnessing new technology to hone their marketing message and reach more customers.<\/p>\n<p id=\"fs-idm376714976\">The business world now relies on the internet for much of its communications, marketing or otherwise. Almost all companies have Facebook accounts, and individual leaders of companies have separate individual accounts on Linked In, Twitter, Instagram, and other social media sites. New social media sites are popping up almost every week. The phenomenon of social media has created a business climate in which thousands of impressions can be made with one social media post. That impression could be positive or negative. Within social media, there are \u201cstars\u201d of social media\u2014individuals who have developed audiences in the millions who follow their posts every day. <strong>Social media<\/strong> is a hugely powerful tool for marketers. It has it challenges, though, because the platforms are constantly changing and evolving. Also, the audiences being reached often read (or view) and believe the messages seen on various social media platforms without understanding the context of the message. A social media post that goes viral can close down a business, even if the post is not true. That\u2019s what makes social media the newest challenge\/opportunity for marketers. Companies that want to retain market share and build their image must develop tactics for the use of social media and for defending against problems created by the use of this powerful marketing tool.<\/p>\n<div class=\"bc-section section\">\n<h3>Promotion through Blogs<\/h3>\n<p id=\"fs-idm358357520\">Blogs provide marketers with a real-time dialogue with customers and an avenue to promote their products or services. A <em>blog<\/em> is an online journal with regularly updated content. This content is pushed to subscribers by RSS (really simple syndication) or e-mail and allows for response and discussion from site visitors. RSS enables users to automatically gather updates from various websites, especially news sites and blogs, and display headlines and a brief summary of those updates in a single location. Blogs can be considered to be offerings of social media unless the site is actually part of the company\u2019s main web page.<\/p>\n<p id=\"fs-idm371283312\">Well-run marketing blogs usually focus tightly on one niche area, product line, or vertical market segment. The aim is to provide the blog\u2019s readers with a constantly renewing source of news and insight about that topic. About 366 million blogs are registered on Tumblr, and more than 23 million blog entries are posted daily.<a class=\"footnote\" title=\"\u201cBlog Posts Written Today,\u201d WorldoMeter, http:\/\/www.worldometer.info, accessed August 30, 2017; Tumblr website, https:\/\/www.tumblr.com, accessed August 30, 2017.\" id=\"return-footnote-223-1\" href=\"#footnote-223-1\" aria-label=\"Footnote 1\"><sup class=\"footnote\">[1]<\/sup><\/a><\/p>\n<p>Many companies have set up their own blogs, including <span class=\"no-emphasis\">General Motors<\/span>, <span class=\"no-emphasis\">Apple<\/span>, the <span class=\"no-emphasis\">American Cancer Society<\/span>, and <span class=\"no-emphasis\">Microsoft<\/span>, to name a few. These companies blog because they: (1) get real-time input from customers and prospects; (2) create and maintain relationships; (3) can have a continuing dialogue with loyal customers and prospective clients; and (4) can zero in on specific marketing goals. For example, <span class=\"no-emphasis\">Disney<\/span> uses a blog called Disney Baby to cater to the needs of new mothers. Each of their bloggers has a personal bio that helps provide a connection for the new mother to the blogger and provides a deeper connection to the Disney brand.<a class=\"footnote\" title=\"Carly Botelho, \u201c5 Impressive Brand Blogs and What They\u2019re Doing Right,\u201d Business 2 Community, http:\/\/www.business2community.com, March 21, 2014.\" id=\"return-footnote-223-2\" href=\"#footnote-223-2\" aria-label=\"Footnote 2\"><sup class=\"footnote\">[2]<\/sup><\/a><\/p>\n<p id=\"fs-idm390476992\">Firms can also use emerging search tools such as BlogPulse, Feedster, PubSub, and Technorati to monitor conversations about their company and brands. A public relations department might then decide to feed new-product information to bloggers who are evangelists for their brand.<\/p>\n<\/div>\n<div id=\"fs-idm375772144\" class=\"bc-section section\">\n<h3>Advertisers Jump on Podcasts and Videos<\/h3>\n<p id=\"fs-idm381369664\">Podcasts are basically blogs with a multimedia file. The trend developed when a new version of iTunes software made it easy for people to create their own podcasts and post them on a website. There are more than 8,000 podcasters in the United States. Besides individuals, companies are beginning to do their own podcasts as well as posting videos from the company on YouTube as another marketing channel. For listeners, the advantage of a podcast is convenience. Companies now have the ability to use streaming video, which potential customers can download to their mobile devices; for example, ABC News offering a digital version of its programming. The customers\u2019 favorite programs download automatically from the internet, usually free of charge, and they can listen to the programs any time they wish. They can also listen wherever they wish, if they have a mobile device to receive the downloads.<\/p>\n<p id=\"fs-idm373796352\">Gimlet Media is one of the nation\u2019s largest podcasters, offering material from nearly 40 different stations as podcasts. At first ad-free, Gimlet\u2019s podcasts are done for direct-to-consumer companies like Blue Apron, as well as for traditional advertisers like Pepsi and Ford. Gimlet now includes a short advertisement before the programming\u2014short enough that people won\u2019t fast-forward through it. Gimlet also received a $5 million investment from advertising giant WPP, a clear sign that the business community sees a bright future in podcasts.<a class=\"footnote\" title=\"Peter Kafka, \u201cPodcast Network Gimlet Media Has Raised Another $5 Million\u2014This Time from Ad Giant WPP,\u201d Recode, https:\/\/www.recode.net, September 6, 2017.\" id=\"return-footnote-223-3\" href=\"#footnote-223-3\" aria-label=\"Footnote 3\"><sup class=\"footnote\">[3]<\/sup><\/a><\/p>\n<p id=\"fs-idm380991680\">Pet owners can go to <strong>http:\/\/www.purina.com<\/strong> and opt in to receive Purina\u2019s podcasts. The products will offer advice ranging from animal training to pet insurance to nutrition for older pets. Weekly tips will also be sent on things such as how to help your dog lose weight. Owners spend close to $25 billion a year on pet food. The aim of the podcasts is to build brand loyalty with a soft sell.<a class=\"footnote\" title=\"\u201cU.S. Pet Food Market Size &amp; Share Is Expected to Reach USD 30.01 Billion in 2022: Zion Market Research,\u201d https:\/\/globenewswire.com, May 22, 2017; \u201cHow Purina Made Fetch Happen [Again],\u201d Medium.com, https:\/\/medium.com, April 5, 2017.\" id=\"return-footnote-223-4\" href=\"#footnote-223-4\" aria-label=\"Footnote 4\"><sup class=\"footnote\">[4]<\/sup><\/a><\/p>\n<p id=\"fs-idm382157968\">Videos have become another important promotions channel. Literally hundreds of thousands of videos can be viewed on YouTube, the top video-hosting site on the internet. Many people now log in to YouTube to watch videos on a particular product and how the product can be used. Entrepreneurs and other small-business owners have made extensive use of YouTube to provide value to their customers by creating and uploading informational videos that highlight their products.<\/p>\n<div class=\"concept-check\">\n<div class=\"textbox key-takeaways\">\n<h3>concept check<\/h3>\n<ol>\n<li>How are companies embracing social media as a way to connect with customers?<\/li>\n<li>What has been the effect of social media on traditional advertising?<\/li>\n<\/ol>\n<\/div>\n<p><span style=\"color: #6c64ad;font-size: 1em;font-weight: 600\">Summary of Learning Outcomes<\/span><\/p>\n<\/div>\n<\/div>\n<div class=\"section-summary\">\n<ol id=\"fs-idm358827088\" start=\"10\">\n<li>What is social media, and how does it affect promotion?<\/li>\n<\/ol>\n<p id=\"fs-idm387974816\">Social media is a relatively new marketing channel that includes platforms such as Facebook, Twitter, LinkedIn, Pinterest, and Instagram. The phenomenon of social media has created a business climate in which thousands of impressions (marketing messages) can be achieved with one creative social media post. Social media is a hugely powerful tool for marketers. It has it challenges, though, because a social media post that goes viral can close down a business, even if it is not true. That\u2019s what makes social media the newest challenge\/opportunity for marketers. The internet and new technology are having a major impact on promotion and promotion expenditures. Traditional media are losing advertising funds to the internet. Many companies are now creating blogs to get closer to customers and potential customers. Podcasts offer advertisers a new medium to reach consumers. Streaming video and videos uploaded to YouTube are also important social media channels.<\/p>\n<\/div>\n<div class=\"textbox shaded\">\n<h3>Glossary<\/h3>\n<dl id=\"fs-idm368974256\">\n<dt>social media<\/dt>\n<dd>A relatively new marketing channel that includes platforms such as Facebook, Twitter, LinkedIn, Pinterest, and Instagram.<\/dd>\n<\/dl>\n<\/div>\n\n\t\t\t <section class=\"citations-section\" role=\"contentinfo\">\n\t\t\t <h3>Candela Citations<\/h3>\n\t\t\t\t\t <div>\n\t\t\t\t\t\t <div id=\"citation-list-223\">\n\t\t\t\t\t\t\t <div class=\"licensing\"><div class=\"license-attribution-dropdown-subheading\">CC licensed content, Shared previously<\/div><ul class=\"citation-list\"><li>Intro to Business. <strong>Authored by<\/strong>: Gitman, et. al. <strong>Provided by<\/strong>: OpenStax. <strong>Located at<\/strong>: <a target=\"_blank\" href=\"http:\/\/cnx.org\/contents\/4e09771f-a8aa-40ce-9063-aa58cc24e77f@8.2\">http:\/\/cnx.org\/contents\/4e09771f-a8aa-40ce-9063-aa58cc24e77f@8.2<\/a>. <strong>License<\/strong>: <em><a target=\"_blank\" rel=\"license\" href=\"https:\/\/creativecommons.org\/licenses\/by\/4.0\/\">CC BY: Attribution<\/a><\/em>. <strong>License Terms<\/strong>: Download for free at http:\/\/cnx.org\/contents\/4e09771f-a8aa-40ce-9063-aa58cc24e77f@8.2<\/li><\/ul><\/div>\n\t\t\t\t\t\t <\/div>\n\t\t\t\t\t <\/div>\n\t\t\t <\/section><hr class=\"before-footnotes clear\" \/><div class=\"footnotes\"><ol><li id=\"footnote-223-1\">\u201cBlog Posts Written Today,\u201d WorldoMeter, http:\/\/www.worldometer.info, accessed August 30, 2017; Tumblr website, https:\/\/www.tumblr.com, accessed August 30, 2017. <a href=\"#return-footnote-223-1\" class=\"return-footnote\" aria-label=\"Return to footnote 1\">&crarr;<\/a><\/li><li id=\"footnote-223-2\">Carly Botelho, \u201c5 Impressive Brand Blogs and What They\u2019re Doing Right,\u201d Business 2 Community, http:\/\/www.business2community.com, March 21, 2014. <a href=\"#return-footnote-223-2\" class=\"return-footnote\" aria-label=\"Return to footnote 2\">&crarr;<\/a><\/li><li id=\"footnote-223-3\">Peter Kafka, \u201cPodcast Network Gimlet Media Has Raised Another $5 Million\u2014This Time from Ad Giant WPP,\u201d Recode, https:\/\/www.recode.net, September 6, 2017. <a href=\"#return-footnote-223-3\" class=\"return-footnote\" aria-label=\"Return to footnote 3\">&crarr;<\/a><\/li><li id=\"footnote-223-4\">\u201cU.S. Pet Food Market Size &amp; Share Is Expected to Reach USD 30.01 Billion in 2022: Zion Market Research,\u201d https:\/\/globenewswire.com, May 22, 2017; \u201cHow Purina Made Fetch Happen [Again],\u201d Medium.com, https:\/\/medium.com, April 5, 2017. <a href=\"#return-footnote-223-4\" class=\"return-footnote\" aria-label=\"Return to footnote 4\">&crarr;<\/a><\/li><\/ol><\/div>","protected":false},"author":5759,"menu_order":11,"template":"","meta":{"_candela_citation":"[{\"type\":\"cc\",\"description\":\"Intro to Business\",\"author\":\"Gitman, et. al\",\"organization\":\"OpenStax\",\"url\":\"http:\/\/cnx.org\/contents\/4e09771f-a8aa-40ce-9063-aa58cc24e77f@8.2\",\"project\":\"\",\"license\":\"cc-by\",\"license_terms\":\"Download for free at http:\/\/cnx.org\/contents\/4e09771f-a8aa-40ce-9063-aa58cc24e77f@8.2\"}]","CANDELA_OUTCOMES_GUID":"","pb_show_title":"on","pb_short_title":"","pb_subtitle":"","pb_authors":[],"pb_section_license":""},"chapter-type":[],"contributor":[],"license":[],"class_list":["post-223","chapter","type-chapter","status-publish","hentry"],"part":206,"_links":{"self":[{"href":"https:\/\/courses.lumenlearning.com\/suny-herkimer-osintrobus\/wp-json\/pressbooks\/v2\/chapters\/223","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/courses.lumenlearning.com\/suny-herkimer-osintrobus\/wp-json\/pressbooks\/v2\/chapters"}],"about":[{"href":"https:\/\/courses.lumenlearning.com\/suny-herkimer-osintrobus\/wp-json\/wp\/v2\/types\/chapter"}],"author":[{"embeddable":true,"href":"https:\/\/courses.lumenlearning.com\/suny-herkimer-osintrobus\/wp-json\/wp\/v2\/users\/5759"}],"version-history":[{"count":2,"href":"https:\/\/courses.lumenlearning.com\/suny-herkimer-osintrobus\/wp-json\/pressbooks\/v2\/chapters\/223\/revisions"}],"predecessor-version":[{"id":567,"href":"https:\/\/courses.lumenlearning.com\/suny-herkimer-osintrobus\/wp-json\/pressbooks\/v2\/chapters\/223\/revisions\/567"}],"part":[{"href":"https:\/\/courses.lumenlearning.com\/suny-herkimer-osintrobus\/wp-json\/pressbooks\/v2\/parts\/206"}],"metadata":[{"href":"https:\/\/courses.lumenlearning.com\/suny-herkimer-osintrobus\/wp-json\/pressbooks\/v2\/chapters\/223\/metadata\/"}],"wp:attachment":[{"href":"https:\/\/courses.lumenlearning.com\/suny-herkimer-osintrobus\/wp-json\/wp\/v2\/media?parent=223"}],"wp:term":[{"taxonomy":"chapter-type","embeddable":true,"href":"https:\/\/courses.lumenlearning.com\/suny-herkimer-osintrobus\/wp-json\/pressbooks\/v2\/chapter-type?post=223"},{"taxonomy":"contributor","embeddable":true,"href":"https:\/\/courses.lumenlearning.com\/suny-herkimer-osintrobus\/wp-json\/wp\/v2\/contributor?post=223"},{"taxonomy":"license","embeddable":true,"href":"https:\/\/courses.lumenlearning.com\/suny-herkimer-osintrobus\/wp-json\/wp\/v2\/license?post=223"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}