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How Has Social Media Affected Commerce?

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Connor Sephton Profile
Connor Sephton answered
The changes social media has brought to commerce are vast; the Internet has actually turned the World Wide Web into a virtual store front, which services millions of customers all over the globe. Most of these businesses and services advertise their wares on social media applications, 3D virtual "worlds", and social chat platforms - commonly, these include MySpace, Second Life, Facebook, and Twitter. Of course, there are plenty of other social media website, games, and chat rooms all over the Web.

Before social media, it was more difficult to market products and services globally. In fact, it could be very difficult to build a brand internationally without plenty of money to spend on mass media marketing. Today, social media allows entrepreneurs to promote their commercial ventures by:

• Posting links to their business website on Facebook, Twitter, etc.
• Reaching out to prospective sales leads via free social networking
• Posting video infomercials, ads, and testimonials on Youtube and other social media platforms

These examples are just a few of thousands of potential advertising gambits that can be run via social media; that's why many celebrities, politicians, and corporations have an entire PR team at work, polishing "status updates" and "tweets" for their clients. The impact of social media on commerce is becoming more resonant every day; this social media motor is a fast, almost free way for anyone with Internet service to promote a product, service, or talent.

Starting a business costs less than every before when entrepreneurs find a niche market and seek out the right customers through social media promotion. Sites such as Facebook allow thorough searches of massive databases; potential "friends" can be sought out based on their age, gender and location, and then "charmed" via chat, comments, and so on. Inexpensive ads are also available on these social websites.
Haniska Roy Profile
Haniska Roy , Professional IT Consultant, answered

Definitely social media channels like Facebook, Instagram, Twitter and many more are affected e-commerce business. But it's great way for e-commerce or we can say it's new part of eCommerce business. This  benefits a lot to eCommerce business. We can say this affect good for eCommerce business. The new era of eCommerce business comes in market called SOCIAL COMMERCE.

Social commerce : Anything you can sell / buy online with use of social channel like Facebook, twitter, Instagram etc it's called social commerce and believe me it's new trend in online shopping and many online businesses doing good profit using this channel.

Here are some Social commerce advantages, you will like to read it.

Anonymous Profile
Anonymous answered

Definitely, social media channels like Facebook, Instagram, Twitter and many more are affected e-commerce business. But it's a great way for e-commerce or we can say it's a new part of eCommerce business. This benefits a lot to eCommerce business. We can say this affect good for eCommerce business. The new era of eCommerce business comes in a market called SOCIAL COMMERCE. Check benefit of eCommerce on business, click here.

Limuel Jonson Profile
Limuel Jonson answered
It definitely catapulted commerce into another stage. Now, we have ecommerce, a field both convenient for consumers and businessmen. Social media definitely brought new things on the table that we can all benefit.

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