Question

What is one of the most effective and least expensive ways to market a business?

What is one of the most effective and least expensive ways to market a business?

Homework Answers

Answer #1

The most effective and least expensive way to market a business is social media. Now a days social media is becoming more and more popular to market a business because every person using the social network sites and involved in the social network. Relevant content will grab the attention of potential customers and increase the brand image and brand visibility. With the help of social media a new business can respond instantly to industry developments and can be popular in a short period of time. Some of the examples of social media where we can easily list our business to get maximum attention are:-

  • Facebook
  • Twitter
  • LinkedIn
  • Blogs

Some of the advantages of social media are:-

  • An outlet for broadcasting and communication.
  • Empowers the world to share information with all over the world.
  • Allows people to communicate at a single platform.
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