How Social Media Can Benefit Your Business

The organization will reap in high sales and production and possible lower costs in employee wages from less workload. The network system will work at a faster pace and if using the voice-over IP system, communication and management costs can be reduced.

Small businesses rely on network connectivity for communications. With the advancement in Voice Over Internet Protocol (VOIP), many businesses are using the internet to save on phone costs. Additionally, it is common for a business to have an in-house communications system. Take some installations in the Air Force for example; they use an Instant Messaging (IM) service for member-member contact. Many times, it is easier to reach

A way that the internet benefits by internet marketing is by providing all the necessary information about the product or service that the person is providing. Businesses are increasingly enabling the customers to find out even more information about their product. For example some companies advise you how to wash certain clothes so they do not get ruined and stay preserved. Organisation strives on building a customer and business relationship so by maintaining this they cater to the customer’s needs and wants. On the other hand on a customer’s point of view, this is a down fall because they would not be able to see or feel the product unless they purchased it first which increases product risk. Also another disadvantage of this is because the items get shipped, and if product gets to the consumer damaged the company does

Networking can help you gain new clients, give you new insights, discover new business connections and opportunities.

Target your best customers and find a way to interact with them on a somewhat frequent basis, spending more time on high value customers. Forums and public events are both great ways to do this and helps educate your consumer base as well.

Social networking connects individuals, businesses and organizations. “Social networks are the foundation of the social media because every form of social media is based on participation from a community of members” (Tuten, 2015, pg. 142). Social networking has a major impact on an organization’s marketing, products and or services. It provides the opportunity to expand businesses and communicate with their potential and current clients. Facebook, Instagram, Twitter and Pinterest are the top four social media platforms used in order to market organizations, their products or services.

Increase traffic 3 by getting the word out to large audiences informing them of your product/service.

* More frequent face to face communication , written / electronic communication- lower operation costs.

The advantages of having a business network are 3; Private information, access to various skill sets, and Power.

4. Making NBN plans affordable, and help businesses take advantages of the newest communication technologies with superfast internet, and more.

Write compelling and unique content. Cover all essential information your customers may want to know about your business.

Does the availability and use of social media on the Internet really provide businesses with new and different useful information? If so, how? If not, why not?

Another positive aspect, that business and government sectors are using the internet communication service. This service have allowed business to work and invest via internet networking .For instance, currently many business companies are sold or advertise their products using networking technology to contact their costumers or other commercial sectors . This is because of the consideration that the time and the cost could be less . In fact the communication network is the main factor of any successful business in today world market . According to ONS: The internet purchases by businesses rose 64.6 per cent, from £37.9 billion in 2003 to £62.4 billion in 2004.(the office for National Statistics ).

To What Extend Are Electronic Communication Networks More Advantageous Than The Traditional Face-To-Face Trading Practice?

In today’s world of business, everything is computerized and most of the companies use the Internet and information business to help keep their quality, save time and also cost. It also can reach out to more customers worldwide. For an example, with a website in the internet, it would relay the message to millions of viewers worldwide regarding the product and service that the particular company can provide and indirectly saves cost in advertising in television and print advertisments.