Social media has become an effective marketing tool for brands to connect with customers. This document discusses how service marketers can leverage various social media tools, such as Facebook, LinkedIn, Twitter, YouTube and Pinterest, to engage with audiences and gain market share. It provides examples of how companies use social networks, online communities, videos and photos to better understand customer needs and behavior and strengthen customer relationships.
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Leveraging Social Media to Gain Market Shares in Services Marketing
1. Social Media Marketing is a new phenomena in the new age marketing which has helped brands
across the globe connect with audience effectively, in an engaging manner. In less than a decade,
the web sphere has seen a drastic change in the modes of marketing and social media has emerged
as an effective tool to measure consumer behavior. This paper provides insights into the social media
tools and suggests on how these tools can be leveraged by service marketers to gain market share.
Leveraging Social Media to Gain Market
Share in Services Marketing
May 2012