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How Social Media Can Help Make Your Business Grow

by Nisha

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Businesses that underestimate the power of social media are missing a great marketing opportunity. Social media sites like Facebook, Twitter, YouTube and LinkedIn have opened up completely new audiences to businesses large and small. Facebook has over seven hundred and fifty million active users, fifty percent of whom log in on any given day. The fast-growing microblogging site, Twitter, has more than one hundred and five million members, with more than three hundred thousand joining daily. Visitors to YouTube view over a billion videos a day. Over one hundred and twenty million business people network through LinkedIn, sharing information, ideas and opportunities. Those businesses that have a presence in social media have a distinct advantage over those who do not.

Social media has changed the way that consumers decide what to buy and who to buy it from. Rather than spending countless hours researching products and services, consumers simply log in to their favorite social network and ask questions about the best products or services, the best prices and best places to buy it. Responses to their queries are almost instantaneous. The consumer is persuaded to buy by their peers. This is a great boon for businesses because your customers essentially do the marketing for you; everyone loves a bit of free publicity. You always hear about Facebook and Twitter on the news, over various sites, papers magazines, so you can see how much of an impact it can have on businesses.

In order to take advantage of social media to grow your business you have to be visible on networking sites. That means making sure that information about your products and services is there and that you are demonstrating a genuine interest in consumers. Pay attention to what they are saying. Through social media you can take the initiative, engage potential customers, ask questions about what they want and act on the results. They will provide you with invaluable information and allow you to effectively monitor your brand. And, once you have won over a loyal customer, they will market your goods and services by converting others.

Establishing a presence for your business on a social media network is fairly simple. For example, Facebook has accounts specifically designed for business with numerous applications and resources that make it easy for you to network and market your products or services to current and potential customers, clever isn’t it. The visibility it gives you comes at a price however, and if you don’t properly maintain your account, it could be detrimental to your business. If your Facebook page is covered with negative press, potential customers will quickly move on. To get the most out of any social media you need to be actively engaging your customers with frequent posts or updates and responding to both negative and complimentary comments, this interaction with customers will show that you do care about the customer and they are more likely to be loyal to your brand.

Businesses that want to grow and succeed in the online world need to increase their visibility by incorporating both social media and the latest SEO techniques, both these techniques come hand in hand if you want it to be a success. Social media has almost infinite potential to reach target audiences. It is leveling the playing field between big corporations and small business. Through the power of networking the voice of the people is being heard and it can create a community around your business that will build brand awareness and hype. The conversation is already happening online. It’s up to you whether you join in. And you never know; you might just go viral.

Hello my name is Nisha Sandhu I am 26 years old and I am an Editor at whoishostingthis.com, whom I have been working with for 2 years now. I love to write and give online business advice to new and growing businesses, visit our site to check out the latest Host Gator reviews

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{ 1 comment… read it below or add one }

MontyTechnorastiano August 20, 2011 at 1:10 pm

Very well written article ^_^ I believe in Facebook & Youtube to grow a business. BTW Thanks for nice guidance ^_^

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