Social Media and the Retail Industry

By Tips and Tools

The advent of technology has greatly altered the way we do things today. In communication for example, instead of waiting for days, weeks, or even months just to hear from someone, now in just a matter of seconds, we can talk face to face with anyone from around the world via internet enabled devices and social media messaging apps such as Google Hangouts. The same is true for shopping. We no longer have to endure traffic or line up for long lines during store peak hours.
social-media-and-retail-industry
Majority of the things we do offline, can now be done online. In one click, we have access to millions of information including products and services we patronize and thanks to social media, we can do even more than just look up for information allowing for empowered buying decisions. Customers have easy access to product reviews or get recommendations from their friends and people they trust.
Consumers are online. Therefore, you should also have an active and well executed online presence. There are many compelling reasons why you should make social media marketing a top priority. Social channels allows for greater market reach and promotes customer engagement. In the retail industry where competition is cutthroat, customer engagement is the game changer.
Social media gives everyone a voice and you can use this as an opportunity to solicit customer feedback to improve your offerings, to determine what are the needs of your preferred market, and see what works well in your marketing strategies. Promoting exclusive deals and updates is also easily done with a status update or a tweet.

 

These are just some of the many benefits retail industry players can enjoy with social media. Interested to learn more on how you can align these with your business objectives? Contact Third Team Media today!