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BUSINESS DEVELOPMENT

It's part sales, part marketing, part branding, part market research and development.

But most of all, it's an art whose masters have made millions.

Join me as we explore this conversation

Social Networking has moved Online and its implications for your small business marketing are staggering - Are you missing the opportunity of a lifetime?

 

Social networking is not new for business owners and entrepreneurs. Many of you belong to Professional Associations, Chambers of Commerce, Leads Groups, etc. For some of you, it may be your single largest source of business. Some of you have given up on social networking as a business generation strategy because it was a “waste of time”. Regardless of your opinion, when done well Social Networking can be an enormous source of leads, deals, and connections to resources.

Well, you’d have to be in a cave not to have noticed that the process has gone online – and that has some pretty staggering implications for business generation and lead generation.

Social Media describes a wide range of on-line applications which provide a technological backbone where you can manage and create relationships with current and potential customers, suppliers, vendors, team members, channel partners and experts.

In future articles, I will be exploring how Social Media can impact your bottom line by taking the documents, articles, photos, conversations, problem solving, and issue management that you deal with on a daily basis and involving the people in your networks in such a way that they come to know and engage you and your business deeply and profoundly.

Increasingly, the current and potential stakeholders in your business are going online to find out about you and your services. If you are not managing the process of strategically placing information about you and your business online, your current and potential customers will be migrating to your competition.

Where do you start? I recommend www.LinkedIn.com. It is one of the largest B2B centric Social Business Networks online. By completing the profile well, you will become instantly findable on the Internet.

In my next post, we will discuss the impact Search Engines have on driving business to you and examine why Social Media – worked into your already existing business networks – can make or break you as your stakeholders move online.

Raymond Chip Lambert
Network 2 Networth
Deep Business Development

 

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1 comments:

  1. Unknown said...
     

    It's ironic (perhaps not) that you likened LinkedIn to a Chamber of Commerce -- check out a recent post . . . . LinkedIn has mall-like qualities, as does a Chamber of Commerce mixer. People often gather (group) together to chat, plan, or introduce others, and it's pretty clear why they are there (it's likely there's a clue on their nametag or profile). LinkedIn allows us to share details about each other and our professional interests, and provides a useful venue for introducing others.

    LinkedIn also has coffee shop qualities, as it provides a place where business isn't the only thing that needs to be discussed. That's especially helpful in Chamber of Commerce mixers in some of the Southern U.S. locations, where it's taboo to conduct business before spending a minimum of 15 minutes about the weather, politics, and your choice of either the SEC or NASCAR.

    http://carterfsmith.blogspot.com/2008/03/how-long-will-social-networks-be-around.html

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