Book: The Impact Equation; Step-5

Published:  1202 & Pages: 288

8x Step Learning

Step-5
USE OF MEDIA

In today’s world, technology, especially social media, has made it incredibly easy for companies to connect with customers at the click of a button. However, while technology has its advantages, it also has downsides. The downside is that with the multitude of communication options, customers often find themselves overwhelmed by competing voices. It’s challenging for new or emerging companies to break through the noise, and customers have more choices than ever.

For instance, if you want to learn about global politics, you can read a newspaper, browse an online magazine, watch YouTube videos, or subscribe to countless newsletters in your inbox daily. This abundance of information can be overwhelming. Additionally, it has become effortless for any company to add to the noise because nearly anyone can create and share media content. This abundance of content makes it vital for companies to be clever in how they reach their audience.

Understanding various media options and how to use them effectively is crucial. While digital media is essential, traditional channels like printed advertising and billboards can still have a significant impact. For example, Apple invests millions in billboard advertisements, making a bold statement with its brand images in major urban centers.

However, it’s important to acknowledge that such campaigns may not be accessible for all companies, especially those with limited capital. Moreover, building trust with customers can often be more effectively achieved through analog media and personal touch, such as writing a personal letter or having phone conversations, fostering stable and long-lasting relationships.

بسم اللہ الرحمان الرحیم،
اس کا ترجمہ جلد شئیر کیا جاےَگا،انشاءاللہ

10x Short Questions

1. How has technology, like social media, changed the way companies connect with customers?

Technology, especially social media, has made it easier for companies to connect with customers quickly

2. What's the downside of the digital age for customers and companies?

Customers often face overwhelming choices, and companies struggle to stand out in the noise.

3. Why is it challenging for new companies to make their voices heard in the digital age?

There are countless competing voices and information overload.

4. What is one example of information overload in the paragraph?

The abundance of choices for learning about global politics, such as newspapers, magazines, YouTube, and newsletters.

5. Why is it almost too easy for companies to add to the noise in the digital world?

Anyone can create and share media content, adding to the information overload.

6. How can companies effectively communicate with their audience in the digital age?

By understanding various media options and using them wisely.

7. What is emphasized about traditional media channels like printed advertising and billboards?

They can still make a significant impact, as seen with Apple’s use of billboard advertisements.

8. What might be a limitation for some companies in using grand advertising campaigns?

Such campaigns may require a considerable budget, limiting access for smaller businesses.

9. Why are analog media and personal touch mentioned as important for companies?

They can build greater trust with customers and foster stable, long-lasting relationships.

10. What is one way mentioned to build trust with customers using analog media?

Writing personal letters or having phone conversations.

Check Your Knowledge
10x MCQs

0

Book Summary THE IMPACT EQUATION Test-5 (QM)

Book Summary THE IMPACT EQUATION Test-5 (QM)

The number of attempts remaining is 100

1 / 10

1. What is emphasized about traditional media channels like printed advertising and
billboards?

2 / 10

2. What is one example of information overload in the passage?

3 / 10

3. How has technology, like social media, impacted companies' connection with
customers?

4 / 10

4. Why do new companies find it challenging to be heard in the digital age?

5 / 10

5. Why is it almost too easy for companies to add to the noise in the digital world?

6 / 10

6. What is one way mentioned to build trust with customers using analog media?

7 / 10

7. What's the downside of the digital age for both customers and companies?

8 / 10

8. How can companies effectively communicate with their audience in the digital age?

9 / 10

9. Why are analog media and personal touch mentioned as important for companies?

10 / 10

10. What might be a limitation for some companies in using grand advertising
campaigns?

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