Quick Definition

Social media refers to digital platforms that enable users to create, share, and engage with content, often influencing consumer behavior and market trends.

Examples

• 1Companies using social media for brand promotion and customer engagement, such as Nike and Starbucks.
• 2Investors monitoring social media trends to predict stock movements, especially in tech and consumer goods sectors.
• 3Retail businesses leveraging social media ads to drive sales during holiday seasons.
• 4Financial advisors using social media to share investment tips and attract new clients.

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