Social media has literally exploded over the past few years. Social networking sites like FaceBook are more popular today than email has ever been. It was long thought that the younger generation was flooding the social networking market and causing it to receive these high numbers, but Nielson Online found that it's actually older people causing the sudden boom.
This means that, regardless of age, people are turning to social media far more than other aspects of the Internet like email. This brand of marketing has become preferred by businesspeople as a result, and even professional networking communities have hundreds of thousands of members these days.
Why is social media marketing so popular? This question cannot be accurately answered in full. There are various aspects one can discuss and figure out what contributes to the success, but it's impossible to know exactly what lures people to these sites more than other brands of marketing.
The success is ironically the first reason. Because these sites are so popular, they've become a fad of sorts, and anyone needing a bump in advertising or a means to connect now turns to social media marketing sites. That's where all the people are at, so everyone stepping into the game at a later date needs to go there in order to find everyone else.
Part of the reason these sites grew successful has to do with the ease of communication one of the biggest reasons the Internet in general has become so popular. If you're looking to make business connections, there's really no waiting around with social media marketing. Everyone's free to explore multiple sites and get in touch with people from all around the world.
The reach of the Internet is all encompassing. You're not forced to meet likeminded businesspeople in your town or local communities anymore. You can branch out and meet people from other states, countries, overseas and anywhere else in the world. You can contact them instantly and will have no problem staying in touch as long as they're also using the sites.
It's also cheaper to advertise and build up a business presence via social media marketing. The only thing you really have to invest is time. If you're able to become an intricate part of your particular market and are able to build a profile on one of these sites with thousands of visitors, then your business is going to be successful with minimal advertising.
You don't have to coax people into visiting your site or buying your products. Every type of consumer uses the Internet and they'll inevitably seek you out. So your only task is to create a large web presence.
Due to the many competitor sites popping up and offering places for people to network socially, the social media marketing fad doesn't look to be slowing down at all. There's still a buzz around the media every time a new site is released and strikes gold.
Eddie Yu is the Founder of a 10yr Internet Marketing company that specialises in helping new entrepreneurs setup their business ventures using online media.
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