With social media websites such as Facebook and Twitter garnering so much attention from consumers and businesses alike, it is hard to believe that only 20 percent of small businesses are utilizing the sites to help promote their products and services. But that figure is precisely what was reported in a 2009 study conducted by MerchantCircle, a social network for small businesses. Once the survey results were released in 2010, experts were not surprised to see the percentage of social media users increase to nearly 50 percent; according to Darren Waddell, vice president of marketing at MerchantCircle, companies are turning to social media for advertising because it is relevant and inexpensive way to reach targeted consumers. Rather than pouring large sums of money into traditional marketing, business owners are starting to find more creative ways of promoting their brand. One of the more common practices for small business owners utilizing social media is including URLs on business cardsof all sites, Facebook (no surprise) was the most common site to make it onto business cards. One small business owner found that when he started using Facebook, he began establishing stronger relationships with some of his less consistent customers. Eventually, one of his customers started a group on the site that other users could join to discuss various aspects of his business. Others joined the group, and it slowly grew over time. This group of Internet followers is an example of
a. an e-community.
b. social media followers.
c. loyal customers.
d. a brand following.
Question 2
A shopping center containing a Macy's, Sears, and JCPenney as well as dozens of specialty shops, restaurants, and entertainment is most likely a
A) regional shopping center.
B) neighborhood shopping center.
C) community shopping center.
D) complete business district.
E) lifestyle shopping center.
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