How can businesses acquire new customers and increase sales

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Reference no: EM133198696 , Length: 2 pages.

Discussion Post: Digital Marketing

Background knowledge:

According to Chaffey and Smith (2017), there are six core social media marketing activities that will together form your social media marketing strategy:

• Define listening and reputation strategy,
• Transform the brand through social media,
• Acquire new customers using social media,
• Increase sales to existing customers,
• Enhance customer service through social media marketing, and
• Harness insights to develop the brand using social media optimization.

Task

• In digital marketing, why is it important to acquire new customers and increase sales to existing customers? Do you think one is more important than the other? Why? Why not?

• How can businesses acquire new customers and increase sales to existing customers through social media marketing? Give specific business examples.

Reference no: EM133198696

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