1. INTRODUCTION
Internet is such a huge network of several different interlinked networks relating to the
business, government, academic, and even smaller domestic networks, therefore internet
is known as the network of all the other networks. These networks enable the internet to
be used for various important functions which include the several means of
communications (http://www.yourmaindomain.com/web-articles/what-is-internet.asp,
nodate).
Social Media is the future of communication, a countless array of internet based tools and
platforms that increase and enhance the sharing of information. This new form of media
makes the transfer of text, photos, audio, video, and information in general increasingly
fluid among internet users. Social Media has relevance not only for regular internet users,
but business as well(http://www.socialmediadefined.com/what-is-social-media/, no date).
Online communities and forums, Blogs and Social networks are different types of social
media.Facebook, YouTube, LinkedIn, Word Press, Wikimedia, and Blogger are
commonly used for online social networking. Those are applications of Web 2.0.
There are two eras of internet usage one is Web 1.0 and the other is Web 2.0.Web 1.0 era
is you only use to refer information on the internet. Web 2.0 means not only refer to
information but to upload information to the internet. It is now interactive, but earlier it
was one way communication.
Social networks powerfully differentiate themselves from previous internet marketing
channels in that on a daily basis, they are gathering, parsing and sorting the commercially
valuable demographic data of the end user Whitepapers (2012 , p.09).
Need for socially connect
Identified,
Communicate
, Delivery,
(http://pregnancy.thefuntimesguide.com/2008/09/baby_position_in_womb.php
(Accessed: 07 September 2013)
2. Satisfied
Marketing is the management process responsible for
identifying, anticipating and satisfying customer requirements
profitably in a socially acceptable manner(http://www.cimhk.org.hk/, no date).
Basic and standard human needs are water, shelter, food, dress and air, but people may
differ in their wants (rice and curry, fish and chips, stake and mash potato or masala
dosa). Different people demand for different brand according to their financial situation
(BMW, Volvo, Toyota, Maruti).
Just because of a company manufactured a product, who is going to know it? What is it?
What benefit out of it? What culture is it? How much is it? For whom it is made for? How
can we trust on that? Answer for these questions is 7p’s. The product should be quality
brand, reasonableprice, convenient place, attractive promotion, efficientpeople,
effectiveprocess and physical evidence.
According to Kotleret al. (2009) marketing communications are the means by which
firms attempt to inform, persuade, and remind consumers-directly or indirectly-about the
products and brands they sell. In a sense, marketing communications represent the
“voice” of the company and its brands and are a means by which it can establish a
dialogue and build relationships with consumers.
To do this marketing communication
process for the firm crucial is to find where
the customer
is?https://catholiccourses.benedictpress.com/lounge/tag/desert/ (Accessed: 07 September
2013)
3. (http://www.internetworldstats.com/stats.htm, 2012)
750 million numbers of Facebook users, 100 million numbers of Twitter users, 230
million of tweets are sending per day, and more than 1 billion unique users worldwide
visit YouTube each month. Most of the people most of the time interact with social media
without a distance barrier, so social media is a best communication tool.
Technology made the whole world as a one village so majority of the people on the world
most of the time on social media. Social media is the evolution of communication tool.
It is really important to study what is the emerging marketing tool in order to survive and
grow businesses should adaptable to the environmental changes.
4. Importance of marketing communication
Communication Result
http://www.bpc.edu/mathscience/chemistry/history_of_the_periodic_table.html
(Accessed on: 07 September 2013)
“Twelve words changed the world of home furnishings. They were uttered in 1951 by a
young Ikea designer called Gillis Lundgren from Malmo, South Sweden, as he struggled
to fit a table into the back of his car. “God, what a lot of space this takes up”, he muttered,
before saying, “Let’s take the legs off and put them under the table top” – and flat pack
furniture was invented by accident” (Lewis, 2009, p.82).
According to Kotleret al. (2009) marketing communications also perform many functions
for consumers. They can tell or show consumers how and why a product is used, by what
kind of person, and where and when. Consumers can learn about who makes the product
and what the company and brand stand for; and they can get an incentive or reward for
trial or usage. Marketing communications allow companies to link their brands to other
people, places, events, brands, experiences, feelings, and things. They can contribute to
brand equity-by establishing the brand in memory and creating a brand image-as well as
drive sales and even affect shareholder value.
According to Lewis (2009, p.23-24) customers become part of the Ikea cult, because we
have to participate in the process. Ikea thinks it’s good for us if we learn to build our
furniture, collect it from the warehouse, and haul it onto our roof racks to take home –
ourselves. Its roots lie in the Swedish protestant work ethic of Ikea’s history. This
participation means we belong more to the Ikea brand than other brands in our lives.
5. Weare intrinsically part of Ikea’s brand and business model. We’re one of the reasons its
prices are so low.
Marketing communication mix consists of six tools advertising, sales promotions,
personal selling, direct marketing, public relations, event and experiences.
According to Riley (2012) promotion has many potential uses in business. It can be used
to:Increase sales, Attract new customers, Encourage customer loyalty, Encourage trial,
Create awareness, Inform, Remind potential customers, Reassure new customers, Change
attitudes,Create an image, Position a product, Encourage brand switching, To support a
distribution channel.
Role of social media in the marketing communications mix and social media as a
marketing tool
According to Kaur (2013) through different activities politics and politicians in India have
brought social media into the limelight. It is expected that social media will play a huge
role and influence the coming general elections to a great extent. The study by IRIS
Knowledge Foundation and supported by the Internet and Mobile Association of India
(IAMAI) has indicated this fact. Social media will be real game changer with
politicalleaders.
Ones you connect with one person, if you have been given permission you can go into his
friends list.
Ratnayakage C.S. Available at http://www.facebook.com (Accessed: 29 July 2013)
6. “People you may know” it is intelligence role provide for you to research.
Ratnayakage C.S. Available at http://www.linkedin.com/home (Accessed: 05 September
2013)
If anyone is searching a person or an organization, when you are typing first or two letters
it will give you all related persons and organizations.
Ratnayakage C.S. Available at http://www.linkedin.com/home (Accessed: 05 September
2013)
7. Social media and business intelligence are now inseparable. Even the most basic user of
any social media service asks himself such questions as “How many followers do I
have?”, “What’s trending today?”, “How do people feel about…... Whitepaper (2012 ,
p.06)?
Ratnayakage C.S. Available at http:/www.facebook.com (Accessed: 29 July 2013)
Advantages and disadvantages of social media marketing
Social media is a double sided sword. It has advantages and disadvantages.
When your product on social media lots of people will see your trade mark, will refer to
your images,videos (YouTube), and events.Brand visibility will create top of the mind
recall this will motivate to buy the product.
Ratnayakage C.S. Available at http:/www.facebook.com (Accessed: 14 August 2013)
8. Here are the top benefits that companies are seeing from social media marketing:
89% of respondents said that social media marketing has generated more business
exposure
64% saw lead generation increase by using social media 6 hours or less per day
69% of marketers use social media to gather marketplace intelligence
62% of marketers using social media for 2+ years reported a rise in search engine
rankings
62% of businesses with 10 employees or less reported that social media has reduced
marketing expenses
(http://www.pamorama.net/2013/06/30/the-top-benefits-of-social-media-marketing-
infographic/ no date).
LinkedIn will facilitate recruitment & selection.
Ratnayakage C.S. Available at http:/www.facebook.com (Accessed: 07 August 2013)
In Sri Lanka internet accessibility is 24% from the 20.3 million populations so there is
limitation in reachability to social media.
Risk of negative comments is another disadvantage of social media.
9. Ratnayakage C.S. Available at http:/www.facebook.com (Accessed: 07 August 2013)
Because of lack of control, someone can spread bad information on your product.
In Sri Lanka majority of parent don’t let less than 18 years old to use social media and in
Arabic countries they do not want to use they believe it is against their God so there is a
culture and social barrier.
International and local examples of social media marketing
Ratnayakage C.S. Available at http:/www.facebook.com (Accessed: 07 August 2013)
10. Ratnayakage C.S. Available at http:/www.facebook.com (Accessed: 07 August 2013)
Importance and relevance of social media marketing for IKEA
According to Kotleret al. (2009) when eBay recognized that people were unable to locate
some of the items they desired most, it created an online auction clearing-house. When
IKEA noticed that people wanted good furniture at a substantially lower price, it created
knockdown furniture. These two firms demonstrated marketing savvy and turned a
private or social need into a profitable business opportunity.
According to Lewis (2009, p.17) there are the Ikea fans that communicate on web blogs
on the internet, exchanging gossip, news and experiences of the Swedish furniture dealer.
In America, a web designer called Jen funk Segrest is an Ikea fanatic intent on persuading
Ikea to open a store where she lives in Ohio. Her blue and yellow website
(www.berybigdesign.com/ikea) has a revolving banner that continually repeats: “Not too
proud/ to beg/ Ohio wants Ikea”.
Critical analysis of using social media in comparison with alternative marketing
communication channels
According to Lewis (2009, p.52) by 1949, Kamprad began sending out Ikea News as a
supplement in the farmers’ national weekly paper, which was read by 285,000 people –
11. Ikea’s first mass audience. The brochure holds hints of Ikea’s future direction and vision,
as it appeals to the farmers’ common sense and need to save money.
Online news is updated immediately whereas newspapers would have to be delaying from
editor to print and distribution, by the time it reach to the reader that news may be a
known fact.
Online news is interactive with images, audio, video and can comment, but on
newspapers, catalogs, broachers are one way of communication.
Newspaper might have less error on as they are highly read and edited,but online news
might have errors because of fast.
Money laundering is the major threat for social media users facing today. Hackers from
around the world are networking with false account to get details.
You must have updated in technology in order to survive because compare to alternative
marketing channels social media is highly competitive and ever changing.
Newspapers, catalogs and leaflets have limited number of pages compare to social media.
Guarino (2011) provided information about the Borders Group Inc. that is expected to file
for bankruptcy early this coming week – the result of declining annual revenues
andmounting rent obligations as well as its struggle to catch up to the e-book
business that is credited with keeping the publishing industry afloat.
Conclusion
The whole world is a one village because of technology. Smartphones and mobile internet
has kept people in the use of social media.Just sit on one place with a tab connecting to
the internet and log on to social media, marketing researches can get information about
customers around the world and identify marketing gab,marketers can do market
segmentation, market targeting, target marketing and positioning taking the whole world
as a mass market,human resourcedepartment can recruit from around the world correct
person at the correct time to do the correct job,marketers can do brand awareness, induce
customer, brand loyalty and managing distribution channels. Social Media is the
evolution of marketing tool.
12. References
http://www.yourmaindomain.com/web-articles/what-is-internet.asp, (nodate) (Accessed:
05 September 2013).
http://www.socialmediadefined.com/what-is-social-media/ (no date) (Accessed: 04
September 2013).
Kotler, P., Keller, K.L., Koshy, A., Jha, M., (2009) Marketing Management A South Asia
Perspective, 13th
edn.India: Dorling Kindersley (India) Pvt. Ltd.
Whitepapers, C. (2012) Social media and business intelligence.BookBoon [Online].
Available at: http://bookboon.com/en/social-media-and-business-intelligence-ebook
(Accessed: 04 September 2013).
http://www.cimhk.org.hk/, (no date) (Accessed: 03 September 2013).
Riley J. (2012) tutor2u. Available
at: http://www.tutor2u.net/business/marketing/promotion_mix.asp (Accessed: 03
September 2013).
Riley J. (2012) tutor2u. Available
http://www.tutor2u.net/business/gcse/marketing_promotion.html (Accessed: 03
September 2013).
Kaur R. (2013) Maps of India. Available at: http://www.mapsofindia.com/my-
india/society/role-of-social-media-in-india(Accessed: 05 September 2013).
http://www.pamorama.net/2013/06/30/the-top-benefits-of-social-media-marketing-
infographic/ (no date) (Accessed: 05 September 2013).
Guarino M. (2011) Thechristian science monitor. Available at:
http://www.csmonitor.com/USA/2011/0213/Borders-bookseller-faces-bankruptcy
(Accessed: 05 September 2013).
Lewis,E. (2009)Ikea New Delhi: Viva Books Private Limited.