Social media Marketing is the latest buzz word in Internet Marketing the last couple of years. The success of the new generation of social media platforms, mainly Facebook and Twitter, changed the way we socialize, interact and shop. This also brought new channels to digital marketing as well.
Social media is the term we use to describe platforms that bring people together for the exchange of information. The most popular social media platforms are: Facebook, Twitter, Google+, Pinterest, Instagram, Tumblr, LinkedIn, StumbleUpon and YouTube.
Some interesting statistics about social media:
To get a better idea of the impact social media has on marketing, have a look at these 10 interesting statistics:
- There are 135,000+ new twitter users per day
- Twitter has 288+ million monthly active users
- The average number of tweets per day is 58+ million
- Facebook has more than 500 million active users
What are the advantages of using social media in your marketing campaigns?
There are many advantages of utilizing social media for promoting both your online or offline products and services.
- It’s a fast way to spread the word – If you have a big fan base, you can tweet or post on Facebook and your message can instantly go to thousands of users around the World. In fact, social media is the fastest way (even from TV and Radio) to make an announcement or spread a message.
- It’s good for SEO – There are more and more signs that social signals are used for ranking purposes by both Google and Bing. Properly defined social profiles can also boost SEO.
- It’s a trend – Social media is a trend you cannot ignore if you want to stay close to your customers and in synch with the latest developments in marketing.
- It’s one of the ways to interact with your customers and find out what they want – With social media your customers can show that they like a product or piece of content by voting (Like, Tweet, +1) , commenting and sharing. As a marketer you can analyze these statistics, talk with your customers and find out how to make your products, content or services better.
Digital marketing VS Social media
It should be clear after reading the above definitions that social media is a major component of Internet Marketing which is part of Digital marketing. If we compare the two side by side we will find that:
- Digital marketing goes beyond the Internet and tries to reach people in the off-line world using digital means while social media is limited to the boundaries of the Internet.
- A Digital marketing campaign may include one or more components (Internet Advertising, Mobile ads, TV, SMS etc.) while a social media strategy may include one or more social media platforms (Facebook, twitter etc.)
- Social media is strongly associated with a content strategy i.e. you create content and use social media to promote it while a digital marketing can concentrate entirely on banners (either on the Internet, TV or billboards) for promotion.
Which is more important digital marketing or social media?
It depends on the type of brand, products or services you want to promote. There are cases where other forms of digital marketing will be more appropriate to build awareness than social media. Social media is a must of every product, brand or service that has a wide audience.
For example, if you are selling a software product, social media can help you find new customers, educate your existing customers (by sending them tips and tricks) and keep them informed about new updates, upcoming releases etc.
If on the other hand, you are selling custom tools for farmers you can use social media as a resource to find out more about the products but your main selling point will be billboard ads on rural areas and Radio ads.
What is social media marketing?
Social media marketing is the process of promoting a product or service through the various social media channels. In general there are two ways to perform a social media marketing campaign.
The first way is free and has to do with building followers, fans or connections by sharing useful content, running contests and generally engaging with your users.
The second way is through paid advertising. You can use Facebook ads, Google Adwords or Twitter promoted accounts to advertise your product or services on Facebook, Google+ and Twitter respectively.
It is important to know the differences between the different marketing theories so that you can select the most appropriate tools to use in your campaigns.
Digital marketing is the future of marketing and will gradually gain more ground in the online and offline World.
Social media on the other hand, is the new way to connect with other people, it is part of digital marketing and it’s here to change the way we find new customers and promote our products.
Bitcoin Forum Community (BTC News & More)
Bitcoin Forum Community – is one of the hardest things to find out there when searching to join a group. There are tons of Bitcoin Forum groups on Facebook but none of them deliver the personalized feel when it comes to being part of the actual community.
In this article we will go over which Bitcoin Forum is the best and has most active and beneficial community out there.
There are two major Bitcoin Forum communities out there that are solid and have the most active users.
CryptoInTalk and BitcoinTalk, now you might think that the bitcointalk community is 100% BTC but no both of these two communities have large altcoin communities. BitcoinTalk is a older design platform which many users find super hard to be part of. They also focus on intelligence and make it hard for you to contribute or learn from the community.
CryptoIntalk on the other hand is the modern version of Bitcoin forum that is super easy to use and looks great as a platform. Both communities are great and bring a lot of value but we are essentially comparing Myspace to Facebook.
Bitcoin Forum cryptointalk concentrates on the following:
- Daily Bitcoin News
- Bitcoin Mining
- General Bitcoin Discussions
- Bitcoin Trading
Community is super friendly, community covers tons of educational post for free.
BitcoinTalk forum concentrates on the following:
- Bitcoin Discussions
- Development & Technical Discussions
- Bitcoin Mining
Community is some what friendly and covers tons of content.
5 Facts You May Not Know About Bitcoin
Some facts about bitcoin (BTC-USD) are rather well-known at this point, such as the digital currency’s mysterious origin and the fact that a few dollars invested in bitcoin in its early days would be worth millions today. Having said that, there are some bitcoin facts that aren’t as well-known, such as how much of the currency its investor still owns and that people have paid more than $50 per transaction to use bitcoin at its peak popularity. Here are the details about those and two other lesser-known bitcoin facts.
1. Bitcoin’s creator could be worth about $9 billion today
By this point, many people know that bitcoin (BTC-USD) was created about 10 years ago by an unknown person using the pseudonym Satoshi Nakamoto.
What you may not know is that this creator was the sole bitcoin miner for the first 10 days of bitcoin’s existence, and all of these original coins (often called “Satoshi coins”) remain unused. In fact, it’s a verifiable fact that there are about 1 million bitcoins in wallets known to be linked to bitcoin’s creator. Based on the bitcoin price as of this writing, that translates to more than $9.3 billion worth of the digital currency.
2. There are plenty of ways to invest in bitcoin — without buying bitcoins
There are several conflicting opinions about bitcoin (BTC-USD) by major players in the financial world. For example, Warren Buffett and Jamie Dimon both believe bitcoin is destined to fail, while people like the Winklevoss twins and Jack Dorsey think bitcoin is the future of money. However, there’s one thing pretty much everyone can agree on. Whether bitcoin goes up or down over the long run, there’s likely to be lots of volatility along the way.
So, if you want to invest in bitcoin, but the massive price swings scare you (bitcoin rose by 30% in April, in a relatively calm month for cryptocurrencies), the best way to go may be through a stock or two that stand to benefit if bitcoin continues to gain traction.
Square (NYSE:SQ) is perhaps my favorite example and is one of the largest stock positions in my own portfolio. The company enabled bitcoin trading in its Square Cash app earlier this year, and there’s massive potential if Square eventually allows its hardware (and its millions of merchants) to accept bitcoin payments. With a CEO who believes strongly in bitcoin’s potential, it could certainly happen.
3. Bitcoin transaction fees have been as much as $54.90
There are several obstacles that must be overcome before bitcoin could become a mainstream payment currency, and a big one is scalability. The bitcoin network only has the ability to process about three transactions per second (for comparison, Visa and MasterCard can process thousands of transactions per second). So, when the network gets backed up, transaction fees, which are paid to bitcoin miners as an incentive, rise.
This rise got pretty dramatic in late 2017 when the cryptocurrency boom was in full force. In fact, on Dec. 21, 2017, the average bitcoin transaction fee was $54.90, according to bitinfocharts.com.
Transaction fees have come down considerably since then — about $1.81 on average as of April 30, 2018 — but this remains a major obstacle to bitcoin’s widespread adoption.
4. You might owe tax on your bitcoins, even if you didn’t sell them
Tax season recently came to an end, and there was much publicity about the taxability of cryptocurrency profits. Specifically, bitcoin and other cryptocurrencies are considered property and are therefore subject to capital gains tax — just like stocks and other types of investments.
So, if you buy $100 worth of bitcoin and later sell it for $300, the $200 profit is a taxable capital gain. Makes sense, right?
However, you may be surprised to learn that simply using your bitcoin as a currency (spending it) could also lead to a tax bill. For example, if you bought $100 worth of bitcoin years ago, and use it to buy a $1,500 computer, the $1,400 difference is also considered a capital gain, even though you never saw any money. Keep this in mind if you spend bitcoin in 2018 in order to avoid an unexpected tax bill.
The best Bitcoin Forum Is CryptoInTalk
One of the largest Bitcoin Forum communities is hosted by cryptointalk, Bitcoin Forum contains thousands of daily Bitcoin discussions with highly knowledgeable active community members who share valuable information with each other. Bitcoin Forum also provides the Top Bitcoin news from it’s top news providers and keeps the community up to date on insights of trading and news in general. CryptoInTalk bitcoin forum was voted as number 1 in year of 2018 for the best Bitcoin forum.
The Best Bitcoin Forum 2018
Cryptocurrencies have become a very hot topic in past couple months all around the work. This comes with a huge curiosity in industry. Many crypto interested investors want to find reliable communities in a cryptocurrency industry to connect with but good Bitcoin communities are very hard to find since everything is filled with tons of advertisements and pointless posts.
The best Bitcoin Forum to join is Cryptointalk. This Bitcoin Forum community bring together the largest netowrking opportunity for every Bitcoin interested investor. Community is super active and shares very valuable information for free. Bitcoin Forum on cryptointalk also covers Bitcoin trading, BTC news and free education.
Out of all the Bitcoin forums that are out there this Bitcoin Forum is the most simplest and most modern, it’s super user friendly and gives you the fill that you are part of the platform without any problems.