Social media is the website and applications that enable users to create and share content or to participate in social networking.
Earned, Paid, and Owned Media
Definition: Earned Media is the brand communication
Purpose: to boost brand awareness and establish yourself as a thought leader of your industry
Source: Mentions, shares, reposts, reviews, feedbacks
Target: Advocates/ Super fans
Definition: Paid Media is an advertisement by marketer
Purpose: to amplify the reach of your content a specific content
Source: PPC, TV, Newspapers, Banners, and Display Ads
Target: Prospects/ General Customers
Definition: Owned Media is a brand communicator by marketer
Purpose: to do content marketing for your sales
Source: Websites, Blogs, Social Networks and Fan pages.
Target: Customers