MANAGEMENT

Detailed explanation-1: -You can increase positive sentiment about your brand by monitoring brand mentions and engaging with customers. Being able to respond quickly, communicate in a friendly way, and following up on customer queries can all be done on social media just as effectively as using traditional media.

Detailed explanation-2: -Social media data can help you gauge the initial success of a campaign within just a couple of hours of your launch. Over time, it provides more detailed insights about your business and your industry, so you can make the most of the time and resources you invest in social marketing.

Detailed explanation-3: -Benefits of social media for business Social media can help your business to: attract customers, get customer feedback and build customer loyalty. increase your market reach, including international markets. do market research and reduce marketing costs.

Detailed explanation-4: -You may not know this, but social media companies like Facebook and Instagram make a significant portion of their revenue by selling users’ data to data collection companies, who then sell it to other third parties for targeted advertisements.