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Using Social Media Effectively
Many marketers define their social media objectives around five core concepts: (1) listening--understanding what customers are saying and who those customers are, (2) talking--promoting products/services through conversations with customers, (3) energizing--finding enthusiastic customers and using them to sell to others, (4) supporting--enabling customers to help one another,and (5) embracing--using customers as a source of product innovation.Marketers should also keep in mind that,more and more,customers expect companies to use social media.According to a recent survey,more than half of all consumers want ongoing conversations with companies and brands-and of consumers who use social media themselves,a whopping 85 percent believe that companies should have an active social media presence.Marketers who embrace such consumers can harness the power of social media and ultimately improve profits and brand loyalty.
-Refer to Using Social Media Effectively.Of the social media objectives often defined by marketers,the foundational objective is undoubtedly:
Employer Liability
Refers to an employer's legal responsibility for the harms caused by their employees or agents while they are performing duties within the scope of their employment.
Incurred
Refers to costs, expenses, or liabilities that have been realized or obtained by a business, usually through its operations.
Fringe Benefits
Benefits provided to employees in addition to wages and salaries.
Recognized
In accounting, refers to the formal acknowledgment of a financial transaction or position within financial statements.
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