MARKETING SOCIAL MEDIA VS. TELEVISION

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Presentation transcript:

MARKETING SOCIAL MEDIA VS. TELEVISION BY JAXON, DANIEL, JEFF, JESSE AND MASON

DON’T BE A VICTIM OF GOOD MARKETING

“THE BEST MARKETING DOESN’T FEEL LIKE MARKETING” -TOM FISHBURNE Social media marketing Television marketing And Social V’s.

SOCIAL MEDIA MARKETING 90% of social media users are below the age of 35, making social media the main target for millennials. 95% of adults that are online aged 18-34 are most likely to follow a brand via social networking. Social media advertising is smart and cunning! It learns as you surf the web. In 2012 revenue from social media was 4.6 billion and was estimated to be 9.1 billion by 2016. Since 2016 Social media revenue has doubled and ads on websites like Facebook have a 8 to 9 times higher click rate than regular advertising banners.

TELEVISION MARKETING The first official, paid television advertisement in the world, aired in the US 75 years ago on July 1st 1941 on the NBC-owned, WNBT. Today, television is still the most dominant advertising medium attributing to 37% of global ad spend in 2015. In 2017 for the first time ever Businesses around the world will spend more on Social Media advertising than TV commercials. Despite the age of the geek, television still dominates with 87.9% of at home video consumption.

TELEVISION VS. SOCIAL MEDIA Social Media Cost is $2.50 per 1000 people reached. Television is $28 per 1000 People reached. Television can have unknown costs, whereas Social media has fixed hidden costs which are easier to account for. As of 2017 social media is predicted to overtake television for the first time ever. Tele vies are down 11% and companies can nor more accurately determine the impact of their marketing strategies.

CONCLUSION

REFERENCES 75 Quotes to Inspire Marketing Greatness. (n.d.). Retrieved April 18, 2017, from https://business.linkedin.com/marketing-solutions/blog/7/75-quotes-to-inspire-marketing-greatness Evan LePageEvan is a Blog Specialist for Hootsuite. He writes features, news items, releases and all things Hootsuite. (2016, December 08). All the Social Media Advertising Stats You Need to Know. Retrieved April 18, 2017, from https://blog.hootsuite.com/social-media-advertising-stats/ Now, H. R. (n.d.). Hampton Roads Business Weekly Blog. Retrieved April 18, 2017, from http://www.hamptonroadsmarketingnow.com/blog/strengths-and-weaknesses-of-tv- advertising Progress, W. I. (2013, March 12). The Hidden Benefits of Social Media Marketing: Why Your Strategy May Be Working Better Than You Think. Retrieved April 18, 2017, from https://www.forbes.com/sites/work-in-progress/2013/03/12/the-hidden-benefits-of-social-media-marketing-why-your-strategy-may-be-working-better-than-you- think/#216665f11f55 Super Bowl Ccommercials: VW's The Force Changed Advertising. (n.d.). Retrieved April 18, 2017, from http://time.com/3685708/super-bowl-ads-vw-the-force/ The Boom in Advertising through Social Media. (n.d.). Retrieved April 18, 2017, from http://www.webfly.com/the-boom-in-advertising-through-social-media/ Traditional Media vs. Social Media Advertising - Cost Comparison. (n.d.). Retrieved April 18, 2017, from https://www.lyfemarketing.com/traditional-media-versus-social-media/ Why Social Media Holds Keys To Future Of TV Advertising. (n.d.). Retrieved April 18, 2017, from https://www.mediapost.com/publications/article/273370/why-social-media-holds- keys-to-future-of-tv-advert.html http://cnbccatalyst.com/why-moving-your-ad-spend-away-from-tv-can-cost-you-more-than-you-think/