Opportunities presented by social media to your organization or field
Analyse the opportunities presented by social media to your organization or field (2 points-will be devided by 2).
· Question 2: Discuss the threats presented by social media to your organization or field (4 points-will be devided by 2)
· Question 3: Develop strategies to mitigate one of the threats identified in Q2 (4 points-will be devided by 2)
Social media has provided many opportunities for organizations and fields to reach more people, engage in conversations with their customers, and improve their presence online. Through the use of social media platforms such as Twitter or Facebook, companies are able to create personalized content which can be tailored to a specific target audience (Deloitte Insights, 2020). This allows them to connect with potential customers on a much deeper level plus it provides an effective way of gathering feedback which then can be used when formulating strategies related to marketing & product development.
Furthermore, by leveraging these tools correctly it also opens up new channels for generating revenue since these platforms make it easier than ever before to advertise products/services thus widening customer base tremendously. Additionally, they allow individuals from same industry join forces which could lead towards collaborations that benefit everyone involved in the long run!
Overall, while there are certainly some drawbacks associated with using social media it`s undeniable that this technology has opened up myriad possibilities for businesses & professionals alike - especially during times like these where physical interaction is limited - so if we capitalize upon its potential then even greater advances can be made.