Nowadays several businesses are taking advantages of social media marketing to increase their business growth. With the help of new sites, applications, sources, services many businesses are now communicating very easily with their customers online.
As the new technologies and strategies are developing at a very fast pace, it would be helpful to know about them and how to use them for your business progress. It is always beneficial to keep track of new ideas in the market and stay updated to remain in the market.
Keeping an eye on any upcoming trend in the social media might be helpful to you to keep your business ahead in this competitive market.
Below we have discussed five latest online buying trends, which are used widely all over.
1.Location based marketing : This new marketing strategy can give bring advantages to your business. Location based marketing is very effective social media technique for your business products and services. This technique helps you to differentiate your business from your competitors. You can get immediate response as well as you can build strong relationship with your customers.
2.Group Buying : Nowadays people are quite attracted to the package deal or group deal concept, which is capable of offering huge discounts to online purchasers. Many small businesses use the group buying service like Contus Groupon Clone to attract hundreds of people online. Such service providers offer a group deal for your product or services to people. People take advantage of such bulk discounts and purchase things in bulk, which increases profit of your business. The main feature in this concept is that only if a minimum required number of users signs in, the buyers can take advantage of the deal.
3.Mobile Marketing : This is all about marketing your products and services to people through their mobile phone devices. Due to advanced technology in mobile devices, it allows users to browse internet via their mobile phones easily. It is believed that in 2010, the number of people visiting browsing the internet through mobile web browsers has increased greatly. One of the examples of mobile marketing is to send coupons via text or making a micro site for mobiles.
4.Payment via Mobile : Mobile payment is a new method of payment. It is a very fast growing alternative payment method. Instead of paying by cash or cheque, a customer can use a mobile phone to pay for the products and services.
5.Social Media Policy : As more and more businesses are using social media or social networking sites for selling and marketing of their products and services, it in important to have a policy. You can have very simple single page policy or full documentation of your policies. It is advisable to mention what is acceptable and what is not, from your employees in regards to social media marketing.
With more and more people turning to internet and their smart phones for making purchases and paying their bills, being aware of the latest online trends has become an inevitable task for small businesses as well. Remain updated with the latest hot buzz in the market and win over your competitors smartly.