Social media tools in e-commerce

Assignment Help Accounting Basics
Reference no: EM13914964

Social Media Tools in E-Commerce

Social media defines itself as a set of interactive tools that assists in connecting people and encourages small businesses in using these tools for relationships and engagement with vendors, customers, community, and peers. Social media also helps businesses in implementing objectives such as customer service, competitive analysis, lead generation, networking, public relations, and market research (Bellamkonda, 2011).
Social media lends itself as an excellent marketing tool for all types of businesses. One advantage of e-commerce sites is that they have the option of using the various online networks. The target audience of e-commerce is the online shopper and as research indicates, most people who spend time online shopping also spend much of his or her time on social media sites (Progressive Media Concepts, 2011). Businesses benefit from social media by creating a platform in which online patrons can follow the company's progress, product reviews, new products, special offers, and coupons. In creating a positive rapport with followers businesses can advertise and even sell their products through whichever social media site they choose.

Reference no: EM13914964

Questions Cloud

Print versus online advertising : Electronic commerce is a major part of individual's everyday lives. Many choices exist through the Internet, such as retail outlets, countless sources of information, social sites, forums, and many more avenues that can save time and effort.
Determine price of put option with same exercise price : Given the following parameters use put-call parity to determine the price of a put option with the same exercise price.
Cash flows from financing : A company had average total assets of $1,860,000, total cash flows of $1,440,000, cash flows from operations of $235,000, and cash flows from financing of $810,000. The cash flow on total assets ratio equals
Writing analysis and development plan : Graduate-Level Writing Analysis and Development Plan Review the required readings for this week, along with the feedback you received on your Week One, Week Two, and Week Four Individual Assignments.
Social media tools in e-commerce : Social media defines itself as a set of interactive tools that assists in connecting people and encourages small businesses in using these tools for relationships and engagement with vendors, customers, community, and peers. Social media also help..
Managed care in the united states : In the United States, managed care is becoming an increasingly popular method of administering healthcare. It influences the clinical behavior of providers, as it combines the payment and delivery of healthcare into a single system, the purpose of..
Identify the specific role played by the average consumer : Choose a specific market-based instrument that likely would encourage the advance of dark green technologies and improve U.S. exports of these goods and services. Explain using economic analytical tools.
Disadvantages of selling combination of stocks and bonds : The school you would like to attend costs $100,000. To help finance your education, you need to choose whether or not to sell your 1,000 shares of Apple stock, 1,000 EE Savings Bonds. What are the advantages and disadvantages of selling a combination..
What are the issues involved in resolving legal disputes : What are the issues involved in resolving legal disputes in international transactions?What are some practical considerations of taking legal action against a foreign business partner based in another country?

Reviews

Write a Review

Accounting Basics Questions & Answers

  Unadjusted trial balance

Post each transaction to T accounts (Ledger) Prepare an unadjusted trial balance Prepare adjusting entries

  What is the break-even sales (units)

If fixed costs are $300,000, the unit selling price is $31, and the unit variable costs are $22, what is the break-even sales (units) if fixed costs are reduced by $30,000?

  Prepare an october income statement for the business.

On October 1, Keisha King organized Real Answers, a new consulting firm; on October 3, the owner contributed $84,000 cash. On October 31, the company's records show the following items and amounts.

  On january 102012 badger co purchased 30 of the outstanding

on january 102012 badger co. purchased 30 of the outstanding stock of crest co. for 123000 . crest paid total dividend

  Use the systems development life cycle

Use the systems development life cycle to accomplish the task.

  Operating leverage

Operating Leverage

  What is the amount of cash collected from customers

Sage Company had a $300,000 balance in Accounts Receivable on January 1.The balance in Allowance for Bad Debts on January 1 was $36,000. Sales for the year totaled $1,700,000. All sales were credit sales.

  The following information pertains to tanzi company assume

the following information pertains to tanzi company. assume that all balance sheet amounts represent both average and

  Carow corporation purchased as a held-to-maturity

carow corporation purchased as a held-to-maturity investment 60000 of the 8 5-year bonds of harrison inc. for 65118

  Supplementary computing power

A business has just hired you as IT consultant. They are interested in cloud computing to provide supplementary computing power during the Christmas shopping season when deemed for their online products skyrockets. Which type of cloud computing wo..

  Klingon widgets inc purchased new cloaking machinerythree

klingon widgets inc. purchased new cloaking machinerythree years ago for 6 million. the machinery can be sold tothe

  Allowance for doubtful accounts problem

Which of the following is most likely to be used in determining a proper amount to be included in the allowance for doubtful accounts?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd