Since most social media accounts and activities are free-of-charge, the challenge for social media firms has been to monetize their vast user bases. By March 2019, Facebook had roughly 2.4 billion monthly users (the majority are on mobile devices) and LinkedIn counted more than 610 million, while Twitter had more than 330 million.
Social media also created new industry where many people able to make income online. Many people are now enjoying income from home and helped house wife’s to generate income to helping their husband while take care of their children at home. Social media contributed many benefits to the economy but there also have some negative impact.
The What, Why and How of Social Media Marketing Analysis. According to the 2017 eMarketer report, one-third of global population will access social networks at least once a month.More importantly, 69% of U.S.adults were active on social networking sites according to a Pew Research Center Social Networking Fact Sheet. As of January 10, 2018.
After every crisis, the social media for social cause becomes a more effective medium to spread the word. Negative Effects of Social Media There are always two sides of every coin. Social media is just a tool or mean for people to use. It is still up to the users on how to use this tool (just like a knife, can help you to cut food or hurt others).
Essay Social Media Is Changing The Beauty Industry. In today’s market, social media is changing the beauty industry. The industry’s inability “to quickly and authentically change in a holistic way gives rise to a new type of beauty entrepreneur: the social-media savvy individual who is on a mission to make the beauty industry more diverse and inclusive” (Dirshe).
What Are The Benefits Of Social Media Analysis To Marketing And Communication Professionals? Social media analysis: the act of collecting data from online social networks and evaluating them in terms of your business’ goals and objectives, and using the data for future business decisions. Whether your brand’s goal is to boost sales, increase brand awareness or trust, better understand.