Answer to Question #287903 in Finance for Kelsey Jand

Question

Activity - Analyze the Influence of Social Media on Personal Finance 

You may use Snapchat, TikTok, Instagram, and other social media platforms to share and collect information with your networks.

Part I. Categorize the Tactics 

Read the Terms of the Trade article from Humble Dollar to learn about 20 different techniques used by advertisers and social media influencers. Then, answer the questions that follow.

Link: https://humbledollar.com/2019/07/terms-of-the-trade/ 

Part II. Research Examples 

Please answer the questions provided below. 

Steps to Take: 

1. Which of the tactics from the article do you think are more commonly used by social media influencers?
2. Select a tactic from Question 1 that you identified to be prevalent in posts from Social Media Influencers and write it down as part of your homework. 
3. Find an example from a Public social media post that demonstrates this tactic. 
4. Lastly, explain how each social media post uses that specific tactic. 

Answer 1

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