Social Media Marketing as a tool for promoting services and goods on the internet

Authors

DOI:

https://doi.org/10.34069/AI/2023.67.07.32

Keywords:

marketing strategies, impressions economy, digital economy, digital environment, business, innovation.

Abstract

This article provides an in-depth analysis of the role of social media as a powerful tool for promoting services and goods on the Internet in the conditions of impressions economy. The authors take a closer look at the role of social media in marketing strategies, its impact on consumers, and the effectiveness of campaigns. The main purpose of the article is to explore various strategies, tactics, and success factors of using social media to support a brand, engage the audience and increase sales.

Analyzing various social media marketing strategies, the authors of the article emphasize the importance of creating interesting and meaningful content and engaging with the audience. It reveals the importance of creating a brand identity and supporting it through social media channels. The article also examines the impact of social media on customer purchase, conversion, and loyalty.

Among the key success factors of social media marketing, the article identifies the choice of the right platforms, measuring performance, establishing effective interaction with the audience, and analyzing the competitive environment. The authors emphasize the need to combine traditional and digital marketing strategies to achieve the best results.

This article is a valuable resource for marketers, entrepreneurs, and marketing professionals looking to increase their online presence and use social media to successfully promote their products and services, taking into account impressions of market subjects. The article provides important tips, strategies, and examples of successful campaigns that contribute to achieving greater success in digital marketing through social media.

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Author Biographies

Olesia Iastremska, Simon Kuznets Kharkiv National University of Economics, Kharkiv, Ukraine.

Ph.D.in Economics, Associated Professor of the department Management and Business, Faculty Management and Marketing, Simon Kuznets Kharkiv National University of Economics, Kharkiv, Ukraine.

Iryna Feshchur, Ivan Franko National University of Lviv, Lviv, Ukraine.

Ph.D.in Economics, Associate Professor, Department of Marketing, Faculty of Economics, Ivan Franko National University of Lviv, Lviv, Ukraine.

Nadiia Lysytsia, Simon Kuznets Kharkiv National University of Economics, Kharkiv, Ukraine.

DSc (Sociology), Professor, Department of Marketing, Faculty of Management and Marketing, Simon Kuznets Kharkiv National University of Economics, Kharkiv, Ukraine.

Maryna Martynenko, Simon Kuznets Kharkiv National University of Economics, Kharkiv, Ukraine.

DSc (Economics), Professor of the Department of Management, Logistics and Innovations, Simon Kuznets Kharkiv National University of Economics, Kharkiv, Ukraine.

Oksana Losheniuk, Kyiv University of Trade and Economics,  Chernivtsi, Ukraine.

Ph.D.in Economics, Associate Professor, Chernivtsi Institute of Trade and Economics of Kyiv University of Trade and Economics,  Chernivtsi, Ukraine.

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Published

2023-08-30

How to Cite

Iastremska, O., Feshchur, I., Lysytsia, N., Martynenko, M., & Losheniuk, O. (2023). Social Media Marketing as a tool for promoting services and goods on the internet. Amazonia Investiga, 12(67), 374–382. https://doi.org/10.34069/AI/2023.67.07.32

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Articles