Is it right to say that Social Media means business? Yes, in today’s world it is right to say this.
With 71 percent of customers utilizing social media more in the last year than ever before, the future seems bright for it. And it’s not only customers who are spending more time online—brands are as well.
Although the fierce competition may appear overwhelming, the strong insights gathered from social data may help clever marketers stay one step ahead of the pack. In fact, 90% of marketers claim social data helps them differentiate their brands in the market and set themselves apart from their competitors.
Most Popular Social Media Platforms all around the world
As there are many social media platforms like Facebook, LinkedIn, Instagram, Twitter, Whatsapp, YouTube, Twitter, Snapchat, TikTok, Pinterest, Reddit, and Google Reviews.
Out of all of these, some are very famous according to customers which are, Facebook, Instagram, Tiktok, Whatsapp, YouTube, and Snapchat.
According to marketers, their goals for social media are to:
- Increase the brand awareness
- Community Engagement
- Growing the social media audience
According to this picture, Videos rank 54%, Images rank 53%, text-based posts rank 30%, stories rank 26%, and live videos rank 25%.
According to a survey, 31% of consumers prefer to leave feedback about a product or service on Social media. That’s the power of social media.
According to all this, it is true to say that Social media means business.