Question

Impact of social media on consumer demand and supply

Answer 1

social media is a platform which is currently one of the trendy medium of communication and gathering information and so advertising on such a platform may result in massive change in demand of the products as public gets aware of the product on a large scale ! well scope is one of the main feature of social media marketing. And when demand gets a boost then obviously the to gain it's advantage businesses coordinates it's supply with ongoing demand.