Social Networking
Social networking isn’t so social anymore! It’s amazing how businesses are benefiting from the tools it offers to businesses big and small. Social networking may seem like a fad or something only for the younger crowd, but it’s becoming increasingly more popular in the business world. More and more companies are starting to use social media and are quickly learning how to target customers more effectively through the channels it provides. Networking is nothing new to the corporate world; instead of just business cards and phone calls, networking has expanded to e-mails, Tweets and sites like LinkedIn and Facebook. Leveraging new technology and the appeal of making instant connections makes social networks attractive channels for businesses that want to extend their reach, credibility and influence to a variety of audiences. In time, social networking may prove to be one of the most valuable business tools ever, and here are some of the reasons why:
It’s Free
One of the biggest draws to using a social network, no matter who you are, is the fact that it’s free. The only thing you need to become a user of Facebook, Twitter, YouTube, LinkedIn, Ning, etc, is a valid e-mail address and a name. After you’ve signed up, you can customize your page (to a degree), and begin building your online brand. With such a low barrier to entry, everyone seems to be getting in the game. The key to making it successful is to find out how to make it work for your business, and using the tools each provides to find the people you want and need to. You can cut down on costs and still grow your business—something that may not have been possible ever before.
It’s Fast
With most social networks, communication is sent and received as soon as the “enter” button is pushed. On Twitter, updates are simultaneous; you can program alerts to be sent when a specified search term is mentioned in any update throughout the network. While there still may be searching involved, social networks make it easier and more targeted. Most networks are used all over the world, allowing people to collaborate, learn and share information from around the globe. Interactions are made even easier with tools like Skype, which provide services for video chats and conference calls around the globe—all for free. These kinds of connections are vital in an increasingly global economy.
It’s Interactive
As more companies start making their presence known online, they open up their business to a whole new audience. When companies make an effort to get involved with their audiences, the efforts don’t go unnoticed. Even though getting the word out may take a lot of time upfront, it becomes easier as time goes on. As companies begin to establish authentic connections with customers and potential customers, relationships are built. On Twitter, users can connect with their favorite brands to find out the latest news, ask questions and get personalized responses. Businesses who integrate YouTube into social networking plans can show users and customers their product virtually and instantly. Many new businesses feature contests available only to network users, building buzz quickly and effectively. Some organizations even use networking sites and tools for interoffice communication, in place of software based programs.
It’s Effective
Because of its speed, social networks provide up-to-the-minute feedback from customers, both positive and negative. It also provides a way for companies to reach everyone in a single message. When Comcast subscribers experienced technical problems one evening, the Twitter-active company was able to send customers a message about what was going wrong as soon as the problem was realized. There have been similar stories like this, and they all say the same thing: customers’ trust in the company went way up.
If your organization is looking for a way to connect with their customers in a unique and personal way, social networking is the way to go. With low costs and easy-to-use features, your business is bound to expand while developing lasting relationships with your customers.

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