Why Social Networking Works For Business
However, the advantage of the social networking services, such as Facebook, MySpace, Twitter and LinkedIn, are that thye CAN be valuable sales, marketing, and support tools, not only for the customer, but also for the company. And the biggest benefit has to be in the power of the ‘referral’. Essentially, if you can connect with potential customers through any of these services, then you have the chance to connect with their contacts and friends in a way that is a powerful advertisement for your brand or service. This is often known as FOAF (friend of a friend) marketing .
Most businesses should by now understand the power that a relevant quote, testimonial or case study (with input from the client) can have when closing a sale with a new potential customer. Well, social networking allows you to take that one step further by allowing your connections/friends to demonstrate their confidence in you by linking to you directly.