How Social Media Can Benefit Your Business

1987 Words Oct 14th, 2012 8 Pages
1) Social networking can build up your online reputation and your brand.

A) Do this through Facebook is by connecting vendors to one another. Your efforts will be appreciated and could be rewarded by those you've helped connecting you with a vendor who may be interested in putting some business your way.

i. Passing on relevant links and posts to your customers and asking them for their reaction. Your customers will feel you value their opinion and don't just see them as your 'target market'.

ii. Answering common customer questions, sharing opinions and insight, breaking the 'latest news' in your industry. This will mark you out as being the first to give customers the inside track on what's going on, what the latest product
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Business networking can therefore reduce the costs of advertising, thus freeing income for product development or other purposes. B) Networks Can Extend Business Opportunities. Networking can also increase personal opportunities. Many people find new employment through networking with professional contacts. It can improve promotional and work prospects. i. Business networking has many advantages. These include extending brand awareness and reach. Efficient networking reduces the costs of marketing and advertising and can improve personal promotional and business opportunities. An effective networking strategy is a necessity in the modern business environment.

Ladies and gentlemen, every beginning will be an ending. We have come to the conclusion. As we have seen, social networking can give benefits to our business. Among benefits that can social networking contribute to our business is by build up your online reputation and your brand. Apart from it is social networking give as much as you take which mean that you can promote your product and publish it at Facebook or Twitter for example and attract customer attention to buy your product. Last but not least, remember that there are a lot of advantages of social networking that can generate your profit and reduce cost at the same time.

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