Professional Documents
Culture Documents
19bce0696 VL2021220701867 Da
19bce0696 VL2021220701867 Da
19bce0696 VL2021220701867 Da
Submitted By:
Parijat Niyogy 19BCE0696
Part A
Social network marketing is also varied due to the varied nature of marketing. Marketing outreach
can take many different shapes—from outright advertisements to more subtle ways of building a
relationship with potential customers. Social network marketing can similarly be straightforward
ads for products or services, or it can be a means for a business to develop relationships.
Pros Explained
Cheap: Compared to other forms of marketing, social media is very inexpensive. It is free to
create accounts and post on most (if not all) platforms. Those free posts have the potential to
reach an audience that will (hopefully) share the message with other members of the social
media community. There are also various paid advertising options to ensure that your
message will reach an audience. Facebook, for example, offers comprehensive options for ad
targeting, such as the ability to target members that reside within a specific geographic
radius.
Direct engagement with customers: Social networks allow the business to engage the target
audience and develop interactive relationships with customers. Instead of putting out a
message and hoping an audience sees it, you can engage directly with people—commenting
on their posts and starting conversations.
Able to learn more about customers: As you communicate and engage with customers,
you'll learn more about your customer base. Many people put personal details on their social
media profiles, including information like tastes and preferences that are relevant to
businesses.
Cons Explained
Time-intensive: The main problem with social network marketing from a business
perspective is that it can be incredibly time-consuming. Social media marketing campaigns
are not one-shot affairs; they need to be nurtured over time. While big businesses have been
using this type of marketing effectively, they have the resources to task large numbers of staff
with managing social media marketing campaigns. Many small businesses lack these
resources.
Direct advertising is less effective: Businesses using social networks obviously want to sell
their products or services. However, blatant advertising is fairly easy to spot on social media.
Overt attempts to make a sale won't be as effective as more subtle forms of promotion on
social media. To use social network marketing effectively, businesses have to be perceived as
members of the social media community. Original content and audience engagement could
help to this end.
Increases risk of public criticism and hacks: Given the community nature of social media,
businesses must be aware of the PR risks. A public social media page can face an onslaught
of negative postings by customers, ex-employees, or competitors (whether true or false).
Hackers could target your page to spread misinformation or sow chaos. Either situation can
make it difficult to manage your company's reputation. Even a harmless posting can turn
into a public relations disaster. For example, in 2012, McDonald's tried to engage with the
social media community by posting a tweet under the hashtag "#McDStories"; customers
responded by posting horror stories of poor McDonald's experiences with the same hashtag,
drowning out the original marketing content with negative publicity.
1. 90 % of respondents between the ages of 18–24 said they would trust medical information
shared by others on their social media sites.
2. 31 % of healthcare firms have specific social media guidelines in written form.
3. 19 % of Smartphone owners have at least one health app phone with the most popular being
Exercise and diet apps.
4. 41 % of the people said social media would affect their choice of a specific doctor or hospital.
5. Parents are more likely to seek medical advice from social media.
These statistics show us how important social media is gaining importance in healthcare. Once a
hospital enters into social media for promotion it cannot back off as inactive hospitals online spread
a negative awareness among people.
Analysing social media tends to have a myriad amount of advantages for a firm. Reviews shared
online tend to be honest and by monitoring mentions of corporate and brand names, analysts can
learn what people really think about a firm. It becomes relatively easy to make improvements when
you clearly know how people feel about a particular product or service. Analytical tools help to
identify the target audience more easily.
Because of these very benefits of the digital platform, it has become a rudimentary practice for every
organisation to have a social media presence for marketing or for corporate HR engagement. In any
organisation, HR is the function that deals with all the employees related matters like payroll,
recruitments, employee engagement, learning and skill development, work environment etc. It is
also the responsibility of the HR function to communicate and generate conversations about various
HR practices such as talent acquisition, leadership, employee communication as well as attracting
future employees. Social Media as a tool helps them do just that.
Through social media, conversations have changed both internally and externally in organisations.
There is a need to create an engaging two-way dialogue between the company and the employees.
HR uses social media to create this dialogue. As we are aware, the main task of any HR personnel
goes beyond filling up excel sheets with employee details. Their main job lies with knowing the
pulse of the employees – what works for them, what doesn’t? With this tool, all the employees can
engage, collaborate and react in a public forum in the presence of HR. These online conversations
around an organisation are very critical for building a company’s image as an employer of choice.
This makes social media an apt tool for corporate branding and engagement.
Another critical aspect of an HR personnel’s life is their visibility in the organisation. If the HR are
not visible, then they are not involved with the employees. They do not have the employee related
insights needed to take important HR decisions. Social media provides HR an opportunity to create a
relationship with every employee in the organisation, irrespective of their location. As employees
become aware that there is a window where they can go for a resolution to any issue, the visibility
and credibility of HR as a function increases. It is also a great platform to get a general feel of how
an organisation is perceived by its employees and potential recruits.
Recruitment is one of the most sought-after areas of HR on social media platforms. These platforms
have accelerated the speed of the recruitment process which involves steps like posting a job, getting
resumes, taking interviews, making offers and so on.
In addition to that, social media can also be used for taking 360-degree feedback from employees. It
can drive collaboration between different stakeholders of the company and the employees. It can also
aid learning and development through real-time, on-the-go access to training.
While the benefits of social media to HR are many, the implementation of social media in the
functioning of HR is not an easy task. This is so because any employee engagement requires the
involvement of all other business and support functions. It also requires HR to be adept with
handling digital media skills and competencies.
HR needs to develop the right mix of tools for its social media presence. Having a page on key social
media portals is not enough. With the right mix, they will be able to engage with the right audience
at the right time. Some channels will target external audiences while others will target internal
employees. The purpose of some interactions might be corporate brand building and talent
acquisition, while for other channels, the purpose could be dissemination of valuable information
regarding employee benefits. Hence, knowledge and skill are important aspects while developing the
HR strategy on social media. The right strategy also takes into account different facets of social
media campaign execution such as deciding the media mix, content type, channels, target audience
and tools.
Social media also allows for an informal way of interaction compared to official meetings and emails.
HR emails often get lost in the barrage of emails employees receive every day. On a social network, it
is easier to stay abreast with topics that an employee may follow. HR may make employees follow
relevant topics and pages related to the organisation on social media to ensure no one misses out.
HR personnel need to ensure administration of social media forums as well. As employees interact
outside of their offices about their organisation, a social media policy needs to be set in place and
employees need to be educated on it.
As social media is a vivid and highly interactive platform, the onus of engagement lies with
employees to act as influencers and make it count. While it is easy to get oneself engrossed in the
daily chores at work, it is helpful to follow and learn from the leading industry thought leaders who
are making a profound difference in their respective fields by voicing their thoughts through their
blogs, pages and articles.
Part B
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