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9. Social Media in the Marketing Department

  • 2023
  • OriginalPaper
  • Chapter
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Abstract

Social media has fundamentally altered the landscape of marketing, shifting the focus from traditional broadcast methods to a more interactive, consumer-centric approach. This chapter delves into the new dynamics of consumer behavior, where customers are more emancipated and informed, demanding experiences rather than just being presented with brands. Trust has become the cornerstone of brand value, with recommendations and credible advocates playing a pivotal role. The complexity of social media marketing is explored, including the need for specialized teams and the challenges of ad fraud and standardization. The chapter also introduces the POEM model, which categorizes social media into Paid, Owned, and Earned Media, and emphasizes the importance of content-driven strategies. Measuring success in social media is discussed, with a focus on the intricate balance of strategic decisions and the need for expertise in campaign management. Practical steps are provided to help professionals adapt to the social media revolution, ensuring they are well-equipped to navigate the complexities and harness the opportunities it presents.

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Title
Social Media in the Marketing Department
Author
Stefanie Babka
Copyright Year
2023
DOI
https://doi.org/10.1007/978-3-658-42351-3_9
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