A STUDY OF IMPACT OF SOCIAL MEDIA ON START UPS ? AS AN EFFECTIVE TOOL OF MARKETING
Abstract

Author(s): Shraddha Mayuresh Bhome, Adv. Suyash V. Pradhan

Social computing involves the use of online social media tools such as Facebook, Twitter, YouTube and LinkedIn to reach consumers in innovative ways. Businesses of all types are getting involved in so cial media in an attempt to reach to a new audience and reinforce their ties with existing customers. As one is starting a new business, the major concern is with creating a product or service offering, finding first customers, building partnerships to help grow more quickly and ensuring one has enough money to sustain the company. The purpose of this study is to investigate how marketing efforts in social media can be successful in attracting customers for start-up companies. It also tries to understand how an owner of a start-up, recognize using social media to grow its business and uses social media to engage with its customers.