Login

Social Media Marketing: Definition & Examples

An error occurred trying to load this video.

Try refreshing the page, or contact customer support.

Coming up next: Social Media Marketing Channels: Facebook, Twitter, Pinterest & More

You're on a roll. Keep up the good work!

Take Quiz Watch Next Lesson
 Replay
Your next lesson will play in 10 seconds
  • 0:03 What Is Social Media?
  • 1:23 Social Media in…
  • 2:47 Examples of Social…
  • 5:52 Lesson Summary
Add to Add to Add to

Want to watch this again later?

Log in or sign up to add this lesson to a Custom Course.

Login or Sign up

Timeline
Autoplay
Autoplay
Create an account to start this course today
Try it free for 5 days!
Create An Account
Lesson Transcript
Instructor: Beth Loy

Dr. Loy has a Ph.D. in Resource Economics; master's degrees in economics, human resources, and safety; and has taught masters and doctorate level courses in statistics, research methods, economics, and management.

This lesson will define social media and explain what it means for marketing and business. Examples from different types of social media, including Twitter, Facebook, Google+, LinkedIn, and Pinterest, will be given.

What Is Social Media?

Have you ever lost touch with a business acquaintance? Do you want to know what others think about your customer service? When you are hiring employees, would you like to increase the labor pool you are recruiting from? If you answered yes to any of these, you need to know about social media.

Social media refers to a group of online channels where communities exist to share content, such as ideas, information, entertainment, and even life's moments. These channels may focus on personal, professional, or business networking. You can follow, friend, link, share, promote, join, discuss, tweet, retweet, favorite, and more. Social media is all in the name of interactive communication.

Social media exists because of Web 2.0, a development in the internet that allowed us to begin interacting easier. Users and developers started using the internet differently, and social media was the beginning of these changes. There are several types of social media, including wikis, bookmarks, and networking. We will focus on networking channels, which include Twitter, Facebook, Google+, LinkedIn, and Pinterest. Let's first look at why these channels are important in marketing and business.

Social Media in Marketing and Business

So why is social media important in marketing and business? First and foremost, social media channels are important because they can increase profits. How they do that depends on how they are used to market the company. With the surge of mobile devices and access to the internet, it's almost impossible to have a business that isn't on the internet. And, if you are on the internet, the best way to communicate with consumers is through social media channels. They give a business the following things:

  • 24-hour access to consumers: Businesses can communicate with, get feedback from, address complaints, and build a trusting community with the public.
  • Advertising opportunity: Social media offers low-cost ways to distribute coupons and other deals, market products and services, and distribute blogs and multimedia.
  • Ways to build business relationships: Online you can discuss partnerships and projects, building your community even more.

You need a marketing plan for your social networks. Your first step is to determine your budget and priorities. If you are just starting out, you will want to put most of your investment into getting Twitter and Facebook accounts established. They are the most popular. Each social network offers different advantages when marketing. Let's look at a few examples of what might work for different situations.

Examples of Social Media Marketing

Let's say that you work for a marketing firm and one of your clients is a jewelry company called Gemz. This is the first time Gemz is venturing into social media. What options do you have? Let's start with Twitter.

Twitter

Twitter gives us 140 characters per tweet to build a brand. It's a fast-paced place to share quick morsels of information, and it is a good place for Gemz to start.

For example, you want to take your time setting up the Gemz Twitter account. The Gemz history and mission should be in the Twitter background, the Gemz logo should be the thumbnail, and @GemzJewelry should be the Twitter name. This will make it easy to recognize Gemz. Quickly grabbing the attention of Gemz followers is where you want to concentrate your marketing efforts.

Facebook

Facebook is a community where you can 'like' friends and follow companies. You want to create unique content for a Facebook account, but don't be afraid to use it to share information from your other social media channels and website. For those who choose to follow Gemz on Facebook, posts from the company will show in their newsfeed.

It would be wise for Gemz to use its Facebook account to share posts that are more in-depth than Twitter will allow. For example, videos showing how to properly clean jewelry and pictures of new lines of jewelry can grab attention. Commenting on posts and always responding to comments will help Gemz grow its following.

Google+

Google+ is a useful social network because it combines features from Google services, like its search engine. This gives Gemz a chance to improve its search engine ranking. This alone pays for a business to maintain a Google+ account.

To unlock this lesson you must be a Study.com Member.
Create your account

Register for a free trial

Are you a student or a teacher?
I am a teacher
What is your educational goal?
 Back

Unlock Your Education

See for yourself why 10 million people use Study.com

Become a Study.com member and start learning now.
Become a Member  Back

Earning College Credit

Did you know… We have over 95 college courses that prepare you to earn credit by exam that is accepted by over 2,000 colleges and universities. You can test out of the first two years of college and save thousands off your degree. Anyone can earn credit-by-exam regardless of age or education level.

To learn more, visit our Earning Credit Page

Transferring credit to the school of your choice

Not sure what college you want to attend yet? Study.com has thousands of articles about every imaginable degree, area of study and career path that can help you find the school that's right for you.

Create an account to start this course today
Try it free for 5 days!
Create An Account
Support