Marketing - Product placement and advertisment?


Question:
In recent years, there has been significant increase in the use of product placement to replace traditional advertisment. At the same time use of social media (blogs, social networks, content communities, wiki's and podcasts) has also impacted on the traditional promotions mix, as it has on consumer behaviour. Critics argue that social media is fundamentally re-writing the rules of how media works. Discuss.

Answers:
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