Why Social Media Marketing is Essential for Daily Deal Business
Wednesday, May 8, 2013
Daily deal business is a highly competitive industry. New deal of a day websites emerge every day and all of them have to struggle for their market share. “How to attract merchants and buyers to a newly created website?” “What kind of deals or products do the customers need?” “What do people think about my competitors and what can I do to overcome them?” These are the questions each entrepreneur who starts a group buying or deal website have to find answers.
Social media marketing provides rich opportunities for market researches. There are many options in social networks for gathering information about markets and customers. You may perform searches in social media to find what people think about certain products or companies. This way it is possible to investigate customers’ needs and to discover the competitors’ behavior. It is very important information for building a successful deal website.
Social media marketing provides rich opportunities for market researches. There are many options in social networks for gathering information about markets and customers. You may perform searches in social media to find what people think about certain products or companies. This way it is possible to investigate customers’ needs and to discover the competitors’ behavior. It is very important information for building a successful deal website.