Social media: An effective tool for marketing your products and services

With the advances in technology and lifestyle around the world, lots of businesses which could not meet up with the present realities have experienced serious downturns, with alot of them folding up.
The power of social networking is such that, the number of worldwide users is expected to reach some 2.5 billion by 2018, around a third of Earth's entire population. An estimated half a billion of these users is expected to be from China alone and approximately a quarter of a million from India.
There various methods and means to market products and services, but in recent times, social media has proven to be a better option. The following reasons buttresses this claim
1. Large number of users
2. User of all categories (esp. the categoy that suits your business)
3. Better costumer interaction
4. Wide range of products and services can be showcased
5. Wider coverage area
6. Lots of Competitors (Now, if you have this, you'd take your business a little bit more seriously)

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