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Phases of corporate communication
Publicity — Earliest manifestation. Creating awareness, building recognition for individual/organisation, closely tied to marketing and publicity
Explanatory — Greater emphasis on providing as much information as possible. Articulate its actions and policies so that all its stakeholders understand clearly.
Mutual Benefit — Two-way interactions between organisations and publics. Negotiation, compromise and mutual accomodation. A variety of communication types: one-to-one, mass audiences, social media, etc.
Disadvantages of Traditional Media
Limited audiences
Sharing of information is slow
Expensive
Less feedback
Highly controlled > Less transparency
New Media
Computerised interactive communication.
On demand access to content anytime and anywhere on a digital device.
Quick user feedback, participation and community creation.
4.7B active social media users = over 90% of the internet users.
KEY TERMS: Engagement, Influencer, Memes
Online stakeholders
Creators — create content
Spectators — Consume content
Critics — Criticise content
Joiners — maintain profiles with following
Purpose of social media in Communication
conduct research of audience
launching products and creating awareness
engage with consumers
creating new partnerships
All stakeholders and major multination companies have social media presence.
Advantages and disadvantages of new media
Advantages:
Quick sharing of information
Broader audiences
Two-way communication
Cheaper than traditional media
Easy to update and edit
Disadvantages
Misunderstandings
Oversaturation of social medias — which one to pick?
Managing all social medias can be challenging
Easy misused
Hacking/Safety issues
Social Media measurements
Qualitative:
Discussions online
Engagement
Tone of online dialogue
Quantitative
Downloads and views
Follower count
Online revenue
Key terms
Goals of social media measurements
Monitor reputation
Create awareness of brand
Increase brand loyalty
Education about stakeholders