3. “ Customers don’t trust corporate messaging. Social Media is the marketers’ greatest hope ” - eTailing Group “ Show me your friends, I will tell you what you like ”
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6. Why Now ? Past, Present & Future Marketing Strategy Time Line Pre-Industrial Word of Mouth Target - Local consumers Post-Industrial Mass Media TV & print Target - All consumers Amazon-era Relevance Mktg Banner ads, ad-words Target - Micro segments Facebook-Era Target – Individuals, friends, social peers Peer to Peer Marketing Social Media, Social product Discovery
9. ShopKast Social Sharing Platform Share with your friends Increase Conversion through click-backs Friends and social networks are the strongest influence in purchasing process