Social Networks: Impact On Business

SOCIAL NETWORKS:

IMPACT ON BUSINESS Social media has multiple positive impacts on business in terms of brand recognition, customer engagement, revenue, and customer service.

The Concept of Social Networks 1. Social networking is the use of internet-based social media platforms to stay connected with friends, family, or peers.

2. The most popular social networking sites in the U.S. include Facebook, Instagram, and Twitter.

3. Marketers use social networking for increasing brand recognition and encouraging brand loyalty.

4. Social media can help connect people and businesses and can help promote brand awareness.

How Social Networkin g Works

Social networking involves the development and maintenance of personal and business relationships using technology. This is done through the use of social networking sites, such as Facebook, Instagram, and Twitter. These sites allow people and corporations to connect with one another so they can develop relationships and so they can share information, ideas, and messages.

Advantages of Social Networking

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Networking without border Instant News and Information Great marketing channel for Business Awareness and Activism Exchange of ideas and Collaboration

Disadvantages of Social Networking 1.

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Addiction Mental Illness Misleading Information Cyberbullying Hacking

WHAT IS THE PURPOSE OF SOCIAL NETWORKING? Social networking connects individuals with other people and businesses by allowing them to share information, ideas, and messages. Companies also use social networks to create and increase brand recognition, promote products and services, and answer customer queries and concerns.

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