Social media[5] marketing is a multifaceted strategy aimed at promoting a product or service through various online platforms. This marketing strategy[3] is hinged on the utilization of social networking sites to foster interactions, build relationships, and influence consumer[9] behavior through e-word of mouth. It involves the use of popular platforms like Instagram[6], Facebook[7], Twitter[10], TikTok[11], WhatsApp[12], YouTube[13], and Snapchat[14], each with unique features and user engagement strategies. For instance, TikTok’s algorithm[8] encourages creativity and virality, while YouTube offers personalized ads and a partner program. Also, businesses use the in-built analytics tools to track campaign success and customer engagement[1]. Another key aspect is mobile media consumption[4], which is increasingly changing consumer purchase behavior. Lastly, social media marketing employs algorithm-driven content and influencer marketing[2] to reach target audiences authentically and precisely.
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Social media marketing is the use of social media platforms and websites to promote a product or service. Although the terms e-marketing and digital marketing are still dominant in academia, social media marketing is becoming more popular for both practitioners and researchers.
Most social media platforms have built-in data analytics tools, enabling companies to track the progress, success, and engagement of social media marketing campaigns. Companies address a range of stakeholders through social media marketing, including current and potential customers, current and potential employees, journalists, bloggers, and the general public.
On a strategic level, social media marketing includes the management of a marketing campaign, governance, setting the scope (e.g. more active or passive use) and the establishment of a firm's desired social media "culture" and "tone".
When using social media marketing, firms can allow customers and Internet users to post user-generated content (e.g., online comments, product reviews, etc.), also known as "earned media", rather than use marketer-prepared advertising copy.