Potential Downsides to Social Media

In class today we were discussing how Social Media has the potential to backfire on a company by providing customers with and incredibly public, and easily accessible forum to voice any bad experiences they may have had. I agree with much of what was said in class about the potential upsides and downsides of social media from the point of view of companies, but I was thinking about it more afterwards and realized that one major risk that is never discussed is the tendency for companies (and bcom students) to look at social media as a kind of magic marketing tool that will help them to reach so many new consumers and increase there popularity and sales. However, I think the reality is that social media does not always deliver as promised. The biggest problem with advertising using social media is that it requires customers to take action. A facebook page and a Twitter profile are not like television ads or billboards. The customer can’t just sit on the couch or drive past and have the desired message delivered to them. Instead, they actually have to go out and find it which takes effort on the part of the consumer. This lowers the potential of reaching new customers with social media because the only people who are going to look for a facebook page or twitter profile are customers which already use and enjoy the companies products. A final barrier is that fact that many people just don’t think of liking companies on facebook or following them on twitter, because unless it carries some potential benefitĀ for consumersĀ it just seems like volunteering to be bombarded with ads. These factors among others mean that social media is farm from a magic wand, and is just another tool in the marketers bag of tricks

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