Social Media’s affection
Social media is supposed to be entertaining and performing positive communications between friends and families and not taking away any family time. As we all know holidays are coming up so families are planning on get together and spend time together but social media can affect the bond between the families. Although this can affect the families it could also have a huge impact on Businesses, Politics, and just seclusion itself. Many people have experienced bad relationships with their families due to social media and how it has affect the economy. According to Jenny,she said, “Net savvy companies are using social media to advertise their products, build customer loyalty and many other functions. Interactions and feedback from customers help businesses to understand the market, and fine-tune their products and strategies. Many firms organize contests and give away prizes to enthuse consumers to visit their social website page more often. Compared to television advertisements and other expensive forms of marketing, social media presence is a cheap and effective means to enhance brand image and popularity” (Jenny). Although families wanna spend their time together around this time of year, companies and businesses also wants to increase their supply around this special holidays were mostly everyone celebrate so consumers could increase their demand for their product.
The graph above shows how much/which social medias are being used the most so the companies could advertise their product on that specific social media. The huge problem about social media is that families are getting together to spend time together but social medias are taking their time away from each other. This will only benefit the businesses and companies because of their advertisements, on the other hand people who are using social medias are not interacting with their own family instead they rather read statuses or scrolling down on instagram liking each others pictures. The increase use of social media would increase the quantity demand which will also increase the quantity supply.
Finally social media has its advantage and disadvantage, it could benefit the companies and businesses but on the other hand it could be a drawback when it comes to families, when they have a family time. Even though this writing is about how social media's could affect the families, companies and businesses, it can also affect productivity and politics. Overall social media’s has a huge impact on the economy.
"What Impact Has Social Media Truly Had On Society." Business 2 Community. N.p., n.d. Web. 20 Dec. 2016.
The AgencyLogic Blog. N.p., n.d. Web. 20 Dec. 2016.