Archive for 2010

15 Benefits of Social Media Networking

Monday, December 27th, 2010
Social media networks are very useful for you and your business.

Social media networks are very useful for you and your business.

If you aren’t sure what all the fuss is about surrounding social media networking, here are 15 benefits that social media can bring to your business and you from Success magazine.

In Business:

  • Help establish brand. The majority of the population is already visiting social media sites. Using social networks like Facebook, Twitter or YouTube, can get your brand name and what your company stands for out to that huge population of users.
  • Discuss a product personally. Featuring a product on a social media site is one of the fastest ways to bring attention to it. Offer a promotion along with it and you’re in even better shape.
  • Pitch products in a more human, two-way method. People go on social media sites to be social, not to get advertised to. However, when you discuss your business in a fun way, engage your customers and entice them to respond back, you’re making a valuable connection that will help your sales in the long run.
  • Listen to customer opinion. Social media sites are a great way to see what people are saying about your company. You can “spy” on Twitter and Facebook to see what people like and don’t like, then make changes according to the information you receive.
  • Answer customers directly. Answering questions through social media networks improves customer service and satisfaction greatly, plus it saves you a great deal of money on long distance customer service phone calls.
  • Gather informal market research. By listening to what your customers say about your products, tracking which links they click on, etc., you can begin to see what your customers like and respond to, then tweak your product or service in order to please them. Since people don’t hold back on social media sites, you’ll learn the truth and it won’t cost you a cent.
  • Garner trust by making business appear personal. By speaking to your customers in a human way, rather than in a professional manner, they start to see your company as a trustworthy source that they can relate to, which will build valuable customer loyalty.

For You:

  • Build reputation. Through many different social networks, such as Facebook, LinkedIn and Twitter you can start to get your name out into the world, talk about things that matter to you and build the kind of good reputation you want.
  • Display your resume. Joining LinkedIn allows you to display your entire resume online for any future employers and recruiters to view.
  • Find a job. Jobs are posted every minute on social networks like LinkedIn and Twitter, with the appropriate links or information of how to apply.
  • Share information with like-minded sources. On LinkedIn, it’s easy to connect with other professionals in your field that live all over the world and share ideas on how you can improve certain aspects of your business.
  • Establish yourself as an expert. If you are passionate about one subject, tweet or post about only that. Soon people will be coming to you to find out about the latest news on that subject, which will help build your online reputation, which will get the attention of employers and recruiters as well as other notable people in your industry.
  • Showcase your talent, be it writing, photography, film or broadcasting to the world.
  • Find prospective leads for sales and marketing on LinkedIn, Facebook and Twitter. Search for these leads by typing in keywords that deal with your industry or target customer base, this will help you generate sales leads.
  • Develop and enhance relationships. Connect with old classmates, family, friends and colleagues on social network sites.

What Online Social Networking Trends can we Expect for 2011?

Friday, December 24th, 2010

While social media and online social networking are ever-changing and sometimes unpredictable, it doesn’t stop some people from trying to divine what the future will hold. Here is a list of social media trends we may see in 2011.

Group Buying - Services like Groupon are catching on fast and likely will grow over the next few years. After all, why wouldn’t it? People love to save money, and businesses love to have customers. So everybody wins!

Q&A Sites – In addition to the numerous existing Q&A sites out there, there are some new ones in the works that will likely be popular. People are relying more and more on the collective knowledge that  social media allows you to tap into.

Mobile Advertising and Location Based Social Media - Location-based services like Foursquare are increasing in popularity, and will continue to do so. In addition, there may be advances in mobile marketing that haven’t even been invented yet.

3 More Online Social Networking Trends for 2011

Thursday, December 23rd, 2010

Last week we talked about some of the upcoming social media trends for 2011. Here are 3 more trends you should expect to see in online social networking.

Branded Content – It’s becoming more widely known that creating engaging and informative content helps businesses draw in and interact with customers. Expect to see more brands and businesses catch on in 2011.

Twitter Monetizing – Twitter has begun some monetizing features like promoted tweets, and will likely focus on more ways to turn profits.

Google Will Struggle – Throughout 2010, Google has had it’s share of failures, like Wave and Buzz. They are obviously trying very hard to succeed in social media, but so far have not fared well.