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Article Title: What is Social Media Marketing?
Author: Mike Frichol
Category: Lead Generation, Site Promotion, Communication
Word Count: 534
Keywords: social media marketing,social media,social networking,internet 
marketing,business marketing
Author's Email Address: [email protected]
Article Source: http://www.articlemarketer.com
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Firstly, we should understand what 'social media' means.  Media are 
communication instruments.  Traditional media such as newspaper, radio and TV 
formats are one-way communication formats from the publisher to the reader, 
listener or viewer.  Social relates to society and how it is organized with 
people interacting and forming communities.  Social media are social formats of 
two-way media communication where the publishers, readers, listeners and 
viewers are all able to contribute to the conversation and form communities of 
specific mutual interests.

Social Media was enabled by so-called 'Web 2.0' technologies that surfaced 
circa 2002-5 to facilitate multi-participant communication, information 
sharing, interoperability, collaboration, communities, and user or consumer 
generated content (media) on the World Wide Web.  Social media encompasses 
capabilities such as blogs, online chat, social networks, online communities, 
wikis, social bookmarks, forums, video sharing, photo sharing, virtual worlds, 
podcasts, social news, etc.

So it follows that 'Social Media Marketing' is the use of social media 
capabilities for marketing purposes.  Not quite - traditional forms of 
marketing do not directly translate or work in the social media world.  In 
traditional marketing you're producing materials and campaigns aimed at your 
customers and prospects.  In social media marketing you're engaged in 
communication with your customers and prospects.  You are using social media 
capabilities in the same ways your customers and prospects do, and you observe 
the rules set by the community you are communicating with.  Those are major 
differences.

Social media marketing can be very powerful and successful if approached and 
used correctly.  Conversely, you can cause yourself a lot of pain if it is 
approached incorrectly or ignored. Think about social media marketing as social 
influence communication via social media tools, online communities, social 
influencers, public relations, customer service, etc.  The top 5 social media 
marketing tools are Blogs, Facebook, LinkedIn, Twitter and YouTube.

Here are some of the many ways to use social media marketing for your business:
* Exposure for your business/products/services/solutions - the number one 
benefit of social media marketing is getting more exposure to more people in 
more ways.
* Improve your business/products/services/solutions visibility on the Internet 
- the second major benefit is increased traffic for your website and other web 
properties.
* Generate more sales leads - the third major benefit is search engine ranking 
improvement which enables more people to find your business when they search 
for products/services/solutions like yours.
* Increase customer loyalty by monitoring and participating in conversations 
about your business/products/services/solutions.
* Gain insight from communities of interest for your 
business/products/services/solutions by participating in discussions and 
getting first-hand information about what buyers want.
* Build your brand and authority by using your expertise to educate and assist 
people in your communities of interest.
Although social media marketing direct costs are very affordable, the time 
demands are significant and require continuous attention.

If you have any doubts, consider these statistics from several surveys - 73% of 
active online users read blogs, 57% have joined a social network, 83% watch 
video clips, 39% subscribe to an information update (RSS) feed, and according 
to Time magazine, social networking sites are more popular than pornography 
sites.  If you're not doing social media marketing, you're not using the full 
potential of the Internet.

Mike Frichol is founder and principal of Marketance (http://marketance.com/) 
which provides advice, guidance and tutorials for businesses to get more 
customers and sales with Internet Marketing. Their free weekly newsletter helps 
businesses get better results from marketing on the Internet.
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