Social Media

Topics: Marketing, Howard Schultz, Sales Pages: 3 (947 words) Published: June 19, 2013
Department of Business Administration
BUS 231. Principles of Marketing
Your Name: Rubab Alvi
Section #2295 sp2013

TITLE OF ASSIGNMENT : Social Marketing as a component of marketing strategy Due Date: March 9, 2013

CERTIFICATION OF AUTHORSHIP: I certify that I am the author of this work and that any assistance
I have received in its preparation is fully acknowledged and disclosed. I have also cited any sources
from which I used data, ideas or words, directly quoted or paraphrased. This work was prepared by me
specifically for this course

Social media or Social Marketing are the promotional tools used to facilitate conversations among people online. Social Marketing was born in 1970 according to Philip Kotler and Gerald Zaltman marketing principles that used to sell products can be used to sell ideas too. Social marketing seeks to influence social behavior not to benefit marketers but target audience and general society. It educates people about what they want and what they need other than just persuade them to buy whatever is being sold. The planning process of social marketing takes place by focusing on 4’ps of marketing mix which are product price place and promotion. Schultz the CEO of Starbucks thinks that social marketing is main component for company’s success according to him only companies successful today are those who focus on social marketing. Social media such as Facebook and twitter plays important role in marketing. These are the sites use by almost everyone today by promoting something on these sites can help in company’s success. He thinks that old techniques are no longer valid and in order to compete with today’s competitors we need to think critically and focus on consumer’s needs and their comfort. He thinks that loyalty programs are another factor of social media or marketing it makes customers to come back for their reward or points Social media is spreading all over...

Cited: 3) Harvard Business Review by Dorie Clark 11:00 AM November 14, 2012 Social Media Is Making You a Smarter Leader
Continue Reading

Please join StudyMode to read the full document

You May Also Find These Documents Helpful

  • Impact of social media marketing Essay
  • Social Media Marketing Essay
  • Social Media Communication
  • Essay about Social Media Tools in E-Commerce
  • 10 Important Advantages of Social Media Essay
  • Essay on Integrating Social Media Into Traditional Marketing
  • Advertising and Marketing Using Social Media
  • Role of Social Media in the Marketing of Goods and Services Essay

Become a StudyMode Member

Sign Up - It's Free