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Once more without having this information and facts companies do not know whether or not there items will sell or not. They require this data prior to they commence to advertise so they know the demographics, and dynamics of their niche. This is why most companies fail in my opinion, given that they do not do this research.
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Considering how dynamic social media is today, you could blink and miss a key change in the industry. Any social media marketing consultant Perth would advise you to constantly evaluate your strategies to see if they are still effective or if there are new ones you should employ.
Here is a brief review of some of the key trends you need to keep your eyes on in 2019.
Influencers are Running the Market
There is a sharp rise in influencer marketing. Top brands are paying lots of money to influencers and this is pushing up the cost. Small businesses are now resorting to the micro influencers who may have a following of just 30 thousand but are able to sway them one way or the other. And for businesses that still cannot afford the micro influencers, nano influencers are still an option with a following of just 10 thousand. They are cheaper but effective for niche marketing.