This paper is published in Volume-4, Issue-2, 2018
Area
Management
Author
Rakesh Ranjan
Org/Univ
Indian Institute for Production Management, Kansbahal, Odisha, India
Pub. Date
17 April, 2018
Paper ID
V4I2-1742
Publisher
Keywords
Internet, Social, Media, Digital, Business

Citationsacebook

IEEE
Rakesh Ranjan. Internet and social media: Exploring new business models for corporate success, International Journal of Advance Research, Ideas and Innovations in Technology, www.IJARIIT.com.

APA
Rakesh Ranjan (2018). Internet and social media: Exploring new business models for corporate success. International Journal of Advance Research, Ideas and Innovations in Technology, 4(2) www.IJARIIT.com.

MLA
Rakesh Ranjan. "Internet and social media: Exploring new business models for corporate success." International Journal of Advance Research, Ideas and Innovations in Technology 4.2 (2018). www.IJARIIT.com.

Abstract

Today, Companies are discovering internet a great marketing prospect and social media a valuable brand promotional proposal. While the companies use these digital platforms as a global window to search for talent, marketers are scanning the medium to drive products and are using it for objective market research. Compared with traditional media, these innovative media allows customers to give their feedback and at times be a part of the product design process, too. Internet, especially social media, has proved to be vastly constructive for businesses for reducing costs, improving customer services and creating an online profile of the business.