Social media as a digital marketing tool: a study of current trends and approaches

Authors

  • Olena Kabanova Candidate of Economic Sciences, Associate Professor of the Logistics Management Department, Branch of the Classical Private University in Kremenchuk https://orcid.org/0009-0008-9206-3995
  • Anzhela Yeremieieva Head of SMM at Travelpayouts https://orcid.org/0009-0000-1878-4577
  • Maryna Us кандидат економічних наук, доцент, доцент кафедри маркетингу, Навчально-науковий інститут менеджменту і маркетингу, Харківський національний економічний університет імені Семена Кузнеця https://orcid.org/0000-0002-4849-0331

DOI:

https://doi.org/10.5281/zenodo.14193877

Keywords:

marketing in social networks, marketing analytics, digital technologies, content, brand recognition, consumer loyalty

Abstract

In today's conditions of rapid development of digital technologies, social media has turned into a key marketing tool that enables brands not only to expand their presence, but also to actively interact with the audience. Social networks are especially popular for small and medium-sized businesses (SMEs), which have limited resources for traditional forms of advertising and promotion. At the same time, rapidly changing trends and expanding social media marketing capabilities require systematic analysis to provide up-to-date information on new tools and methods for engaging audiences and increasing their loyalty.

Purpose. The purpose of the article is to summarize modern trends and approaches in social media marketing and assess their impact on the activities of small and medium-sized enterprises. The research is aimed at studying the key methods and tools of social media used to create a community around a brand, building audience loyalty, as well as identifying the main factors that contribute to the success of marketing requests in social networks.

Methods. The research uses methods of scientific literature analysis in the field of digital marketing, comparative analysis of social media marketing tools, as well as an analytical approach to determining the key success factors of marketing tasks in social networks.

Results and Conclusions. The results of the study show that the active use of social media gives SMEs significant benefits, including expanding the target audience, increasing brand awareness and strengthening customer trust. The study identified the main trends in social media marketing, including: the development of artificial intelligence for content personalization, the integration of user content, the active use of the blogosphere, as well as new approaches to building brand communities and managing reputation. The analysis showed that there is a growing demand for tools such as social analytics and sentiment monitoring, which allow companies to quickly respond to changes in consumer preferences and adapt marketing strategies accordingly.

Published

2024-11-19

How to Cite

Kabanova, O., Yeremieieva , A., & Us, M. (2024). Social media as a digital marketing tool: a study of current trends and approaches. Current Issues of Economic Sciences, (5). https://doi.org/10.5281/zenodo.14193877