Because of the rapidly changing environment in terms of business competition and evolution of technology, businesses spend a lot on marketing and advertising. According to Seth Godin, marketing has become a contest for getting people’s attention.Content:Devaney, T. & Stein, T. (2013). Your Business Needs To Get Social, Local And Mobile—Fast. Retrieved on December 5, 2013 from http://www.forbes.com/sites/capitalonespark/2013/04/16/your-business-needs-to-get-social-local-and-mobile-fast/Photo from:http://www.1440blog.com/seth-godin/Quotation from: Powers, S. (n.d.). A Shot of Marketing Perspective from Seth Godin. Retrieved December 5, 2013 from http://powersbusiness.com/learning/marketing-perspective-seth-godin/
What’s the best way to get people’s attention? Interact with them. Use the things that they are using and exploit it for your own advantage.Photo:Siemaszko, C. (2013). Cell phones fill St. Peter’s Square to capture history — a far cry from the virtually camera-free piazza eight years ago. Retrieved on December5, 2013 from http://www.nydailynews.com/news/world/check-contrasting-pics-st-peter-square-article-1.1288700
Every year, there’s always been a rise of smartphones in the market and a lot of people are gearing towards the use of these smartphones as part of their everyday routine: whether by updating their social media accounts, checking emails and researching.
Therefore, companies may choose to use social, local and mobile marketing in order to communicate better with their target markets: decreasing the amount of money allotted on traditional marketing and advertising, while getting a better and more immediate response from its target market.Photo: Good, R. (2009). Business Applications Of Social Media Inside Organizations: An Overview. Retrieved on December 5, 2013 fromhttp://www.masternewmedia.org/business-applications-of-social-media-inside-organizations-an-overview/#ixzz2mcG98HdQ
Through this, a more real time update of information may be disseminated.Photo: http://static.pechakucha.org/pechakucha/uploads/blog_attachment/image/50d3b766dbdd20212f000185/large_wide_denver-05-crowd.jpg
Which results into a greater response rate from the consumers.Photo: http://www.kemu.ac.ke/nyeri/wp-content/uploads/2013/01/Exam-Results.jpg
Because of this trend, competence would no longer be considered as a scarce resource or as something that needs to be invested a lot of money on. Through the social, local and mobile strategy, companies would be able to gain competence…Photo: http://www.livesports24h.com/wp-content/uploads/2013/11/boxing-image.jpg
… through creating products in response to people’s wants and needs.Photo: http://davidcedillo.com/wordpress/wp-content/uploads/2012/09/hand-and-timer.jpg