Preview

Entrepreneurs of Social Networking

Better Essays
Open Document
Open Document
1078 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Entrepreneurs of Social Networking
It was only a matter of time before social networking had gained so much attention that we would evolve this tool into a goldmine for businesses and entrepreneurs to grow their passions. Social networking clearly has an array of benefits; some would argue that social networks should be for individuals only, but users like me find that including businesses in social networking is an outstanding tool for judging reputation, finding out about new products and services, and giving free branding and advertising to entrepreneurs. It is important to open the minds of people in the community that are not already taking advantage of these tools and to change the minds of those who think that this is all about corporate advertising.

When a consumer is first looking for a product or service they typically want to know some background information about a company before going forward and hiring them or buying their merchandise. Personally, I think everyone should read up on the credentials of a company prior to giving them any money. What better way to find out about an organizations reputation than visiting a website like Facebook or Linked In where people from all over the world and even your friends can share the past experiences they have had with a particular business. If you are a client, what better way to have constant engagement with a business than a Facebook page or Twitter account stacked with up to date news and information that you can give feedback on. If you’re a company, what better way to monitor and manage your reputation and further engage with your customers? There doesn’t seem to be a better way to do business than to have thousands of people contributing and challenging each other.

Let’s talk about information on products and services; being a consumer there is a lot of information that you may need to know after making a purchase. How about things like recall updates, warranty issues, release dates, event dates, upgrades and new products?



References: Burrus, Daniel, (2010, July). Social networks can boost your business. EHS Today, 3(7), 56-56. Charney, Dan, (2010, December). Social media could be harming your company. EHS Today, 3(12), 8D-8D. Rowe, Jeff, (2009, October). Social networking an imperative for success, business told: about 3000 expected at vista business expo. North Country Times(Escondido, CA)

You May Also Find These Documents Helpful

  • Good Essays

    Facebook has proven to be a successful marketing tool in allowing companies to advertise to consumer that find the related products interesting and relevant. With social media being an important part in our life, it’s no wonder that companies use Facebook to reach its target audience. “Whilst, some may argue, that adopting a ‘pay-to-play’ marketing strategy may have driven some users away, Facebook is in many ways still a valid and valuable marketing tool.” (Corbett)…

    • 476 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    Reid, C. K. (2009, ). Should Business Embrace Social Networking? Econtent, 32(5), 34-39. Retrieved on August 14, 2012 from http://web-ebscohost-com.libdatab.strayer.edu…

    • 5061 Words
    • 21 Pages
    Powerful Essays
  • Powerful Essays

    Week 8 Assignment 4

    • 5709 Words
    • 23 Pages

    Social media marketing has become exceedingly popular among business of all sizes. So many people use social networks every day. Marketing for business can get very expensive. With social networking, businesses can promote their products and build their fan base. A business can use Facebook or Twitter to alert customers on sales and specials. Social networking was originally set up to interact with family, friends, and colleagues. Now businesses use social media marketing to keep current customers as well as get potential customers. Most businesses consider social networks as a marketing opportunity. Social media marketing is quickly gaining popularity. Facebook has more than three hundred million members worldwide. Twitter logs about fifty-million tweets per day. Businesses use this to their advantage.…

    • 5709 Words
    • 23 Pages
    Powerful Essays
  • Best Essays

    Slide 4: The leader in social media is Facebook (Facebook, 2013). According the Social Media in Bussiness.com (2013), over 800 million people are linked together through this outlet, with over 200 million users joining since 2011. In addition, there are as many as 225 million professionals from more than 200 countries “LinkedIn” who dialogue about business subjects on a daily basis (LinkedIn, 2013). This makes LinkedIn the largest professional networking site. However, areas of opportunity do exist for Sof-A-Logue to create a network “persona” unique to the corporate image. Technology is pervasive and is still increasing in importance daily.…

    • 1817 Words
    • 8 Pages
    Best Essays
  • Good Essays

    Social Media Paper week4

    • 828 Words
    • 4 Pages

    Facebook, Myspace, and Linkedin are three social media platforms with which many internet users are familiar with. The creation of these platforms has resulted in the formation of online communities where individuals can share information about themselves with other members. The use of these sites allow people to stay in connected to friends and family members, meet new people, and update information about themselves to share with others. These sites can also be used to post photos, upload videos, and link to other sites. Businesses have also found the advantages of using social media networks like Facebook, Myspace, and Linkedin. These sites give businesses the ability to advertise products and services in a manner that allows information to be easily searched, shared, and promoted. Organizations can also benefit through the use of social media platforms like Facebook, Myspace, and Linkedin. These sites help organizations promote their cause, fund raise, and inform individuals.…

    • 828 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Marketing Midterm

    • 954 Words
    • 4 Pages

    Social media tools like Twitter and Facebook have taken the world by storm, as is expected of any social networking platform of such colossal magnitude. According to a survey from Constant Contact a company that facilitates social marketing, there has been a rapid increase in social media use to promote businesses. Nearly three-quarters of all small business owners are now turning to social media as a means of marketing their business. The 2012 Social Media Marketing report indicates that a “significant 83% of marketers said that social media was important to their businesses.” In spite of significant statistics such as these and the fact that more people are spending their time online, several of these surveys also report that new media has not completely replaced old marketing methods but has instead enhanced them. Small businesses are still relying heavily on email, website, and event marketing as well as advertising to drive their business.…

    • 954 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Opportunities to control advertising via social media are available, and men like Johnny Shelby take advantage of the new social shift in communicating and marketing. “After launching his new social media campaign in June, Shelby has seen sales increase 30%, mostly from referrals and return customers” (Dahl, 2012). The opportunities seem to arise through the shift of people’s perspective of a service. For instance, when social media had just begun, the main priority and goal was communications between friends, while following favorite news or gossip sources for easy information. Today, social media has become a tool for businessmen and marketers targeting specific markets through desire recognition processing, which by the way was developed as a niche product to open social media to the realm of marketing. The founder of the Altimeter Group, Charlene Li writes “Many business organizations are deeply integrating social media and social methodologies throughout the company in order to drive real business impact” (Li, 2013). As the markets of social media and technology combine, niches are formed and windows of opportunities arise for individual entrepreneurs to exploit these niches before the big corporations realize what was between their…

    • 1992 Words
    • 8 Pages
    Powerful Essays
  • Good Essays

    Unit 8 Learning Activity

    • 690 Words
    • 2 Pages

    Social Networking on the internet and social media has changed the way that the world does business and operates. You can no longer stick to the traditional ways of reaching customers such as newspaper ads or flyers sent through the mail. Although these forms are still used and I’m sure they are quite successful, nothing beats word of mouth and nothing beats word of mouth shared through social media and social networking. Social networking was originally based on six degrees of separation and is defined as expanding the amount of businesses and social contacts by making connections through other users or individuals. How many times have you wanted to try a product and asked a fellow co-worker or family member about it and they gave you a full review of the product or have even used the product in question? It doesn’t happen to often but social networking and social media gives you a platform to ask that very question and countless amounts of feedback and advice.…

    • 690 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    The use of social networking in the success of business is immense. Social networking is beneficial to businesses in many ways. There are many social networking websites that help businesses get their name out there. Social networking websites allow business to get people to notice who they are. Social networking even allows businesses to sell their product online and make their business worldwide. Social networking allows employers to connect with their…

    • 565 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Using social media for publicizing any business is a smart idea, in today's world everyone uses social media sites to interact, whether it is for personal use or for business purposes. Facebook can be to advertise, you can add visual product information, it allows for people to leave comments about the product, it can also provide a networking community for other social media sites. Extra exposure (especially positive ) is great for any business, most companies today have twitter and Facebook accounts, they provide product information, coupons, location information, contacts, and there is a way the people can give instant feedback. Social media advertising is the way of the future, I can't name any business that does not use social…

    • 1250 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    Annotated Bibliography

    • 1370 Words
    • 4 Pages

    Social networks have emerged as one of the most significant and innovative invention of the last decade that have erupted the whole world and led the new generation in a new direction. The online social networking has enhanced the communication system and made it more flexible, easier and comfortable to use. This new technology has been serving the world in multiple ways and has created new opportunities for young people to initiate small startups, provoked multinationals and local firms to utilize this medium as a source of promotion and multiple other benefits besides enhancing communication. The way online social networking sites are being utilized is quite clear, but the objectives of every person are different. However, this new technology has transformed many things but has some adverse effects as well.…

    • 1370 Words
    • 4 Pages
    Powerful Essays
  • Good Essays

    Technology is constantly expanding and making it easier and more convenient to communicate and network with individuals and various organizations that we may not otherwise of had the opportunity to connect with. One area of technology that is growing at a fast rate and offering individuals and businesses, rather it be their professional life or personal the opportunity to make lasting connections is social networking sites. Social networking has become an excellent tool for businesses and individuals to connect and share information that can prove vital to their business. Sites like Facebook and LinkedIn are becoming popular and are an effective way to grow your business whether it is through networking with similar organizations and getting beneficial information from them or expanding your cliental by reaching out to those who may need or want your services.…

    • 1058 Words
    • 5 Pages
    Good Essays
  • Best Essays

    Fraser, M., & Dutta, S. (2010). The Business Advantages of Social Networking. Retrieved July 18, 2011, from http://www.throwingsheep.com/docs/FM168SocialNetworkingArticle.pdf…

    • 2035 Words
    • 9 Pages
    Best Essays
  • Powerful Essays

    People are increasingly sharing their lives online through social networking sites with little concern for who may be viewing their information. This has become an issue in current times and is up for debate based on the ethical issues associated with Social Media. People don’t realize joining a social network is like joining a community. As any community in real life, your business has a place in the community but should not invade one’s privacy. Social networking is one of the most popular methods apart from forum marketing that is available to Internet users today. Places like MySpace and Facebook among others have gone from just social interaction spaces to a part time marketing program as well. With all this popularity, there are a few ethical issues that you will need to know in order to become successful at social networking.…

    • 1508 Words
    • 7 Pages
    Powerful Essays
  • Satisfactory Essays

    director of marketing

    • 574 Words
    • 3 Pages

    With billions of people around the world using social networking sites such as Facebook, Twitter and LinkedIn, it is important to include these communities when promoting a product or a business. The number of people you can reach is a huge benefit to using social networking sites to promote a product, as is the amount of resources that are required. The biggest advantage by using social media is the fact that this kind of promotion is a lot cheaper than traditional marketing and advertising methods.…

    • 574 Words
    • 3 Pages
    Satisfactory Essays