...e-Learning, Vol. 4, No. 3, June 2014 Legal Risks in Social Media Marketing Jawahitha Sarabdeen Abstract Social media is an important communication channel for marketers. The research conducted earlier shows that more than 81% of the businesses are using social media or planning to use social media for marketing purposes. The social media is used for engagement marketing, buzz marketing, building customer relationships and to revitalise brand image. As social media marketing facilitates two way communications between the marketers and the users, the content generated in social media is considered trustworthy and reliable by the customers. The marketers while using the social media should be aware of the legal risks involved in social media marketing. This research paper by using content analysis looks at social media marketing and legal risks involved in social media marketing. Index Terms—Social media, marketing, legal risks, regulations. I. INTRODUCTION Social media marketing is a phenomenon where businesses are seeking new ways to create value. The introduction of social media considerably changes the marketing activities and consumers‘ behaviours. With the introduction of various technologies associated with social media the businesses and consumers participate in marketing activities easily without cost. Though social media is relatively a new media, its popularity is increasing rapidly across the world. Social media is used to engage with consumers, promote the business...
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...displaying ads on apps, websites and blog posts. Smartphones should be given more focus: Smartphones are used for almost all purposes. From paying bills to reading news online, from playing games to international video calling, almost everything can be done with mobiles. Ads can be displayed in apps like bill payment apps, news apps and in-game ads. These are called Pay per click ads where money is paid only when the ad is clicked and redirected to their website. There are tons of websites online and it is slowly becoming tough to choose some of the best sites and display ads. In mobiles, so many apps to target and less cost for displaying ads compared to websites. Digital marketing in smartphones is beneficial and profitable. Targeting social media apps and websites is...
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...Assignment 1: Social Media Shannon Pindle Date: August 12, 2014 Class Name: Leg 100- Business Law Professor Latarsha Jones A legally astute manager recognizes and shows an appreciation for the law and identifies and makes legal considerations at each level of development and implementation. Respect for the law serves as the building blocks in the development of a management team. Following appropriate behaviors and adhering to the guidelines in the law represents the importance of meeting societal expectations and norms (Bagley, 2013 page 15). This set of attitudes that is value laden can mitigate the risk involved in doing business in Facebook. Violence and suffering is often continuous in a media culture. This can sometimes cause an indifference to the vision of human suffering (Chacksfield, 2009). A legally astute marketing manager can acquire the data, consumer feedback and reactions which represents moral concerns. Collaborative efforts of the marketing manager can be made to create sites that represents standards of how society’s behavior should be and drive all aspects of a management teams. The legally astute marking manager seeks legal counsel, advice, and guidance and is proactive in addressing the legal dimensions of business. All concerns should be addressed in ways that are effective, efficient, and legally permissible (Bagley, 2009, page 13). Legal advice in all aspects of the business allows a legally astute manager to be proactive as opposed to being...
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...Article Review 1: Social Power Since the dawn of time communication has been evolving. Not all too many years ago the pony express was the only way to get a message to a person in another state. Today we are able to talk to someone on the other side of the globe with just a click of a mouse. Facebook, Twitter and blogs have given people an enormous power to connect and change the world. The power of communication has been given credit for the fall of dictators and the liberation of nations. And, with this new found power consumers have enormous expectations. The power to communicate instantly has changed the face of business as well. Customers can now shop around the world from the comfort of their own home or office. This new shopping power means a change for how businesses market their products and even their companies. This also changes how companies get feedback on consumer opinion. To collect and analyze the information in this new media arena companies have had to develop centers to monitor the vast amounts of messages on the media waves. In one day there can be hundreds of thousands of tweets and blogs, maybe even millions. Sorting through these messages is something relatively new for most companies. In the past customer feedback might be only from word of mouth or maybe a letter or email from an unhappy customer. As we look at the media, how do we make it part of our corporate strategy? For some companies this means joining the social media frenzy. Companies...
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...Social Networking And HRM Attachment Collapse . A social networking site is a “Web site that serves as a virtual community, where a group of People use the Internet to communicate with each other about anything and everything.” Mondy’s (Mondy: Human Resources Management, 12th edition, Prentice Hall) defines social networking sites as Facebook, LinkdIn and Twitter. However, having lived in San Francisco Bay Area, I have used Craigslist as Social Networking site as well.My partner at Shiva’s Indian Restaurant, Mountain View, California used to post the jobs for Hostess etc. and get very good response. Once upon a time, BIMA’s chair, Paul Walsh wanted to find a new public relations company just using Twitter. His intention was to weed out applicants who cannot communicate in real time (Mondy). In my personal life I have not used Twitter to do hiring or work for any company doing hiring using twitter for which I have worked for. Most of the companies prohibit the use of twitter during work hours. Coming back to Mondy’s book, it talks about Serena Software’s attempt at using Facebook to get its employees know each other by sending out a press release. Their attempt was at using Facebook to help its employees know the business and the product better. The companies I have worked for does not allow Facebook as the primary chat medium. Rather, they buy product like Skype...
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...You may have read about it in blogs or social media posts, you may have seen a marketing guru’s video on it or you may have seen it featured in a newsletter… I’m talking about creating a personal brand. Personal brands are a hot topic these days and with good reason… Building a great personal brand is one of the most powerful things you can do for your coaching practice. The coaching industry welcomes more and more new coaches every year and this is a great thing. A lively, robust industry equals long, healthy careers for more coaches. But there’s also a downside… More coaches means you’re trying to get heard in an extraordinarily noisy, busy marketplace. It’s getting harder and harder to stand out and this is where your personal...
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...Running head: CARDSWAP 1 CardSwap Daniel Watrous Marketing Northwest Nazarene University CARDSWAP 2 CardSwap Value Proposition Gift cards provide value to both merchants and consumers. However, the nature of the value derived by each is different. For the consumer, the value is convenience. For the merchant, there are many financial incentives to offer gift cards. Some have argued that the financial value to consumers is weak and consumer advocacy groups have been vocally opposed to the use of gift cards. Business Value Increased immediate cash flow is one obvious benefit to merchants that results from gift card sales. The merchants receive an influx of cash without giving up any inventory. Some governments have produced regulations regarding the issuance and servicing of gift cards (System, 2010) (Government, 2012). These rules define the type, frequency and magnitude of fees merchants can charge against outstanding balances available on gift cards. Regulations also dictate whether expiration dates can be applied. In most cases this regulation is free of any requirements on the merchant regarding the management of the cash in the time between the purchase of the gift card and its redemption. As such, merchants are free to choose a business policy that fits with their business objectives. In some cases gift cards are partially redeemed by a consumer. The industry refers to this as breakage (Horne, 2007) and some estimates put it at around 10 percent. This data suggests...
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...Social Networks and their impact on Availability, Confidentiality and Integrity Musa Ramadhani Davenport University IAAS 667 - Legal and Ethical Security Topics Deanne Cranford-Wesley Table of Contents Abstract 3 Introduction 4 Problem Statement 7 Literature Review 8 Findings 11 Military Families 12 Identifying your social media users 16 Common myths about Social Media 17 Data leakage and non-disclosure 17 Social Media Squatting 18 A new generation of hackers 18 The high cost of inaction 19 Harm to brand reputation 19 Lost productivity 19 Strains on bandwidth 20 Implementing effective Practices 20 Recommendations 21 Creating an Account 21 General Recommendations 22 Conclusion 26 References 28 Abstract Social networking sites spread information faster than any other media. Over 50% of people learn about breaking news on social media. 65% of traditional media reporters and editors use sites like Facebook and LinkedIn for story research, and 52% use Twitter. Social networking sites are the top news source for 27.8% of Americans, ranking close to newspapers (28.8%) and above radio (18.8%) and other print publications (6%). Twitter and YouTube users reported the July 20, 2012 Aurora, CO theater shooting before news crews could arrive on the scene, and the Red Cross urged witnesses to tell family members they were safe via social media outlets. In the same breath one could argue that social media enables...
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...of social networking sites like Facebook and Twitter have increased dramatically over the past years. | Table of Contents Abstract 2 Social Media History 2 Statistics of Social Media Usage 3 Facebook 5 Twitter 6 Question 1 - Investigate the effects that social networking sites may have within the business environment. 6 Benefits of Social Media to business 7 Question 2 - Discuss the types and forms of businesses that may deploy these networking sites to achieve competitive advantage 9 Small Businesses can take advantage of Social Media to achieve competitive Advantage 9 Utilize social media to build competitive advantage 10 Question 3 - What extensions could you bolt on to these existing networking sites to make them more attractive to business users? 10 “The ADAPT Model” 10 References 13 Abstract This article presents theoretical analysis on how social media influences the business environment. The use of social media is growing fast and has become the biggest and most popular avenue to connect with the world; share or exchange information and ideas in virtual communities. The social media websites creates a new era in grabbing new opportunities in business. Business activities such as promoting, marketing, customer relationship and sales can be done over the social media. With the rapid change of technology, it is vital to keep up with the current social media offering in order to engage with the customers. The use of social media continues...
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...Another barrier might be the cultural differences. It will be difficult to communicate with the people having a different culture and background. There will be miscommunication when we make the wrong assumption that others people’s attitudes and lives are similar to us. Communicating with colleagues using different native language might be a problem as well. Therefore, it is important for us to understand that not everyone will behave and communicate in the same way with us. Culture with collaboration and open communication will enhance communication in the organization. Trust and openness to express ideas and perceptions are very important. Barriers of communication that exist will affect the effectiveness of communication in organization. Level of effective communication will actually affect the level of satisfaction of members in organization. Satisfaction of the member will affect the whole operation of the organization. Introduction The following report will discuss and resolve the possible barriers in effective communication. It will include different ways in which to overcome the threats that pursue an important discussion, debate or conversation. This report can be useful for people writing reports on effective communication in and around their business or company. 1. Potential Barrier in communication (Cultural Differences) Cultural differences can cause many problems in an effective discussion, for example: If two people are trying to have a discussion and...
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...Problem statement Social networks are nowadays considered by many academic and business experts as the next frontier of the ways in which communication is enacted by individuals in contemporary society. It is easy to infer how relevant are social networks in the private lives of many individuals. The social network Facebook has now experienced more than 1.5 nillion active users worldwide. This surge is justified in part by the ease through which social media users can interact instantaneously without the necessity to be in the same place, and in part by the fact that users enjoy themselves by using social networks on an extensive basis, as recognized by many experts. Online communities are made able to share content, comments and opinions directly,...
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...Discussion Questions 1. In your opinion, has the New Zealand Heritage Park Selected the right market targets? I believe that the international tourist market is the most important for the New Zealand Heritage Park to target. International tourists are those who are visiting New Zealand on holidays, their primary objective is that of enjoyment, relaxation and experiencing something different to that which they are used to. The New Zealand Heritage Park is a place which allows them to do just that, experiencing both the natural, cultural and agricultural delights of New Zealand. These three aspects of New Zealand are rarely found in the same areas and are widely spread making it a costly and time consuming exercise for visitors to see all three. Although currently overseas visitors only contribute 35% to the total visitor numbers of the park I believe that as the promotional material that has already been produced fully filters out and with the addition of further promotion this number will increase significantly and make international visitors the largest visitor group to the park. Although initially the domestic market is making up 55% of the visitors to the park I believe that these numbers will drop back significantly after the initial opening hype of the park. Domestic visitors are those which live in New Zealand, therefore the majority are already familiar with the natural environment, agriculture and farming works as well as Maori culture of New Zealand. Therefore the...
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...USA TODAY – INNOVATION IN AN EVOLVING INDUSTRY: INDIVIDUAL CASE STUDY Victoria Hill USA TODAY – INNOVATION IN AN EVOLVING INDUSTRY: INDIVIDUAL CASE STUDY Victoria Hill Table of Contents 1. Executive Summary ............................................................................................................................. 3 2. Identification of the Problem ............................................................................................................... 3 3. SWOT Analysis..................................................................................................................................... 4 3. 1. Strengths ..................................................................................................................................... 4 Strength 1. Highly innovative newspaper company that has been a leader in news development .... 4 Strength 2 – Gannett is currently the largest newspaper distributor in terms of circulation ............. 4 Strength 3 – Strong portfolio with multiple Brand Extensions and Partnerships ............................... 4 Strength 4 – Excellent presence and distribution in the digital environment .................................... 4 3.2. Weaknesses .................................................................................................................................. 6 Weakness 1 – Relatively small amount of digital subscribers ....................................................
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...ECOMMER In partial fulfillment of the requirements in E-commerce (ECOMMER) Submitted to: Mr. Jaime Borromeo Submitted by: K32 Term 2, A.Y. 2015-2016 I. Company Background bookcop.com is a start-up conceptualized by four business students from De La Salle University who all intend to apply what they have been learning so far and have a stable source of income, at the same time. Eyeing on providing value to their fellow students through their business, they had identified that one problem that is consistent in the school setting is the need for cheaper, but legitimate textbooks. The group saw that majority of the courses require textbooks and not all students are able to get their own copy on time for a number of reasons. Some of which are bookstores not having enough stocks and students themselves are unwilling to spend much money on books. This problem was considered an opportunity by the young entrepreneurs, and not so long after months of brainstorming and conceptualizing, there was the birth of bookcop.com. bookcop.com will serve as an online marketplace and bridge where students from different schools, colleges and universities in Metro Manila are able to make selling, and renting transactions of college textbooks with other college students from their own school or from others. With bookcop.com, not only are cheaper books a step nearer to students, but the transactions are more convenient to do and are easily reviewed and retrieved for they...
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...Banking and social media INDEX * Introduction- pg 3-11 * The why and how of social media w.r.t banking- pg 12-24 * International and Indian Examples of social media- pg 25-28 * The grey side of social media usage- pg 29-30 * Suggestions- pg 31 * Conclusions- pg 33-34 Introduction Social media and banking do not seem to have a strong relation at the first look on the topic, but are indeed complexly related in today’s world with the continuous evolution of the banking sector and the huge impact of social media on the masses. While today many international banks are using social media as a connectivity and marketing tool with its customers, Indian banks are also not far behind. ICICI, one of India's biggest banks, already boasts a Facebook app allowing clients to view their account details, check statements and upgrade their debit card, among other activities, but still maintains a cautious attitude to social media strategy. While there is no doubt that social media is all the rage amongst retail and advertisings sectors, it is yet to make major inroads in the financial services and banking sectors. A new report from Ovum, the technology arm of market analyst firm Datamonitor reveals that a majority of banks worldwide aren’t yet ready to embrace social media. Privacy and Data Security are two of the biggest hindrances to mass-scale social media adoption in the banking sector. Moreover, many banks do not think social media gives them an edge to engage...
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