Social media, enters to industrial and economic spheres

I think the power and ripple effect of social media has been proven by the U.S.'s Barack Obama and Duterte in the Philippines making the most of the presidential election.

In addition, social media has become a powerful tool that has brought about drastic changes in the political landscape and the way business is operated.

In his book Socialnomics, Eric Qualman even stated, "If Internet advertising does not revolutionize to maintain market share, it will soon become obsolete."

People usually interact with acquaintances and discuss what products to buy. It also builds bonds between people. Also, I want to buy a book online, but I'm not sure if it's good, so I ask your friends on messenger or Facebook if it's worth buying it, and so on.

It allows people trapped at home or in hospitals to communicate with their friends and update their health quickly. Parents can also watch their children's activities on Facebook and Instagram.

For that reason, social media, especially Facebook, YouTube, and Instagram, are gradually invading our lives and economies, changing our lives and cultures. This type of media saves consumers a lot of time deciding what to buy, where to eat, and so on, as well as those who have products to sell.

He diagnosed that because he is communicating with people worldwide through social media, it can be called a "world of mouth" rather than just a "word of mouth." Social media is a good communication channel that can form friendships and bonds and obtain business information.

However, he said, "We should be careful about what to allow in personal and social life."