Social networks such as Facebook and MySpace are known to connect people with long lost friends and family. It has also been known to connect people with similar interest together. The knowledge of social networking makes it easier for companies as a whole to benefit from the advantages of social networking. Businesses are starting to use business social networks such as LinkedIn and Ryze to acquire potential clients and other businesses with the same interest. Business social networks can be very beneficial to a company, by helping potential clients decide whether they are interested in the company’s services and assist employees on need to know information on the company without a delay. The advantages include but are not limited to, …show more content…
According to Computer Weekly, “Knowledge is the life-blood of all businesses, and is arguably one of the few business assets that will not depreciate during a recession” (“Opinion and Letters” 6). A client is more probable to buy a product from a salesman that can answer most of the client’s questions concerning the product. An employee can lose potential clients by not understanding the product or the services provided by the company. Social networks can keep employees from giving false or old information to a client or potential client. Social networks can be used to conduct human resource task for employees also. Employees will be assessable to old pay check stubs and W2 information through a simple search. Employees will also be able to send information quickly and safely to a direct department. Social networks are the best way to find and create new contacts. Businesses hire a staff of telemarketers to acquire potential clients. Telemarketing can turn a potential client to a non-client. Most people do not what to be bothered with telemarketers and most times do not listen to anything a telemarketer has to say. Social networks are a better option to networking for businesses. It allows potential clients to come to the companies that interest them. Marshall Lager states in his article “Social Networking: Getting in Touch the CRM Way”, “A social network allows you to easily search your
As years progress, technology makes it possible for individuals, organization and companies the capability to create mobile apps and dynamic websites from home. These mobile apps and dynamic websites in turn simplify our lives in ways we could never imagine before. One of the most commonly used inventions, which can still be considered fairly new, are social networks. Social networks give people around the world the ability to communicate, stay in touch and meet new people online at the convenience of their own time. Many social networks were developed within the past few years but few if any target professionals only. LinkedIn gives a twist to social networking by focusing only on people in professional occupations that would like to
Social media is a great asset for businesses to use to help grow the American economy. Everyone's lives run much more effectively and smoothly when the economy is thriving, and the economy can no thrive without businesses booming. A great way for the business word to stay in the up and up is by using the media. Businesses can reach out to there clienttell to advertise a product with these sites (social media in business). Staying in touch with the people is the only way to hear their thoughts and concerns The business can grow when they are able to reach out to either existing clients, or catch the attention of a new base of clientele. With an ever changing economy it is crucial that businesses stay on top of what is trending in the markets.
Since the beginnings of American society, America has used news media as its primary tool to distribute information. Media is involved in nearly every aspect of everyday life. From morning until night, citizens are constantly bombarded by media images on television, radio, magazines, and the internet. However, since the mid-2000’s, one form of media has dominated the social landscape. This type of media has entirely changed the way other media connects with its viewers. It has shifted the power of information from the select few to the masses, from the broadcaster to the audience. It has given the individual voice a pedestal. It has made information faster, busier, more streamlined, more hectic, more interactive, all at the
Every social network have their own functionality or tools that allows a business to promote its identity and services. We need to understand that the development of the social media was primarily targeted to the casual internet users who are very much inclined in today’s technology and services such as creating information, content and other types of media such as text, photos and videos. As day goes by, developers are very much keen to enhance the experience of the social media, they were able to apply on how can a businesses to take advantage of the tools and functionality of a social media to the potential
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.
Social networks are widely used. Describe how this technology could be used in a business setting. Are there any drawbacks or limitations to using social networks in a business setting?
A growing hot topic, and cause for concern is the increasing use of social media in the workplace. The landscape for communication has changed, and the line between personal and professional communications has been blurred. How will your employer manage the risks associated with the use of social media and at the same time, gain the benefits that this media form provides? While many employers were initially concerned that employees would use company time and equipment for socializing with friends, they are quickly learning that many social networks can also be used directly for work purposes.
Overall, social media can be an enjoyable and valuable tool, which allows you to catch up with a childhood friend, endorse their business, and acquire news faster. When you become an adult and graduate from high school or college, people like to reminisce about the glory days. Thanks to social networks like Facebook and Classmates.com, you can connect with your childhood friends and see what they are up to now. If you are planning your high school reunion, social network websites like Facebook, you can plan and invite people from Facebook to come instead of collecting new contact information. In addition, companies who use a social network can promote their business and attract more consumers to sell the product. Big business like Wal-Mart and Target can use the social networks to tell consumers what is on sale that week and offer coupons to help save money. Business can also use the social networks, like Facebook who offer companies to promote their page for a fee, and place advertisements on
Social networks are largely organized around users, unlike the web: The web is organized around the content. The participating users join a network, publish their profile and content about themselves and links are usually created to other users with whom they connect with. This will result in a social network providing a foundation for maintaining social relationships by finding other people with similar interests, for locating content that has been endorsed by other users. Facebook, Youtube, Orkut, Flickr, MySpace, Cyworld, LiveJournal etc have exploded in popularity at some point and some of them still continue to remain popular. Similar to these, some online companies deal with buying and selling of products proved to be very successful and have contributed a lot to the success of online networking. Product reviews on Amazon and the reputation mechanism of Ebay contributed to the growth structure of online social networks. Owing to these success stories, social networking has become a subject for many start-up companies offering promising return on interest.
Social networking can benefit businesses greatly. These sites allow businesses to advertise and market services to a large audience, and since a profile is free to set up, the advertisement is
The company might decide to use social networking to increase boost customer base, sales and productivity through the creation of a virtual community where all its stakeholders interact easily regardless of the distance between them (Settle-Murphy, 2012). The use of social networking will
We cannot deny how big of an impact social media has on our lives now, not only on people but businesses too. It has opened a whole new door to the business world and given them a big opportunity to interact and attract a larger amount of customers. It’s given us a new and faster way of communication by exchanging pictures, stories, news, blogs, online discussions, etc. In exchange businesses have benefited by a long shot just by the click of a button. With the help of the Internet a company no longer is dependent on a particular customer base to survive because now it can reach out to a worldwide audience within seconds. It’s imaginable the countless business attributes of all social media to this day and still is growing. Social media
3. Enhances knowledge 4. Online Identity 5. Online advertising During the last few years many manufacturers have used online advertising through SN’s to promote their products which has been very successful. Users of SN’s are able to buy and sell numerous products through the network which has been a time saver for the users. There is also one more advantage that I think should be highlighted about SNs, which is recruitment through SNs. _Judith _Russel’s scholarly article “Social Networking: Applications for healthcare recruitment” explores the recruitment possibilities through SNs. Although it is based on the health care side of recruitment, it applies to recruitment as a whole. She points out that online recruitment has brought the recruiting industry to a high tech stage, which in return has made the process much simpler and user friendly. She points out the following in her article, With the competitive landscape in the industry, executives and human resource professionals need to asses new modes of recruitment The strategy of filling positions by print advertising is becoming outmoded soon Recruiters search most of the social network databases for potential candidates Job postings can be posted on many of the SN sites Companies can create company profiles on these networks allowing users to browse them As I continue with my research, I am not sure what thesis I will assert for my final paper. I still want to
Social Networking is a way of expanding the number of one’s business by making social contacts or connections through individuals. It is an online service, platform, or site which focuses on building the social relations with friends and strangers as well with whom we have similar shared interests, activities, and real life connections.
Thesis Statement: All social media channels are ideal for business and professional use. One can connect with other professionals globally on LinkedIn (category 1), present one 's brand on Twitter (category 2), and interact with existing and prospective clients on Facebook (category 3).