Social Networking: Is it helping you to monetize your business networking?
Written by David Mark
Most of the time people specially, accountants in your company may criticize your social networking efforts through asking the questions like is it helping you to monetize your business networking?
That question had a way of diverting you in your tracks. It might force you to think about what you were doing with your time and what you need to be doing. Indeed this can't help thinking that all the time spent or wasted on LinkedIn, Twitter, Facebook and the like might be better served on other tasks that might actually lead to sales.
While doing social networking it will recall you of some stores you have been to. You might know the ones when and where the sales people were so busy chatting and gossiping to each other failed to acknowledge the customers. Actually this causes the shoppers to leave without buying. So anyone can perfectly imagine the effects that customer walkouts can have on the sales and revenues of those stores and eventually the job security of those sales people.
The same is the case with social networking for both online and offline businesses. One of the most important factors that one should realize in the turnaround process is that you had to avoid chatting with your peers in your business networking crowd. This chit-chat certainly was pleasurable and it is not easy to give it up. But, unfortunately, it was not doing your business any betterment.
Let elaborate this point more clearly. Your peers were not, nor were they every going to be your customers. Additionally most if not all of them were in the similar business you were, they weren’t about to refer some clients to your business.
Instead, you have to begin talking up the sales leads, and considering who will qualify as prospects for additional cultivation. Most if not all the leads turned you down, either by not giving response to the emails and the phone calls or by saying the worst word 'wait'.
Just start avoid chatting with your peers and concentrating on real customers during your social networking efforts and you will see how your business is well on the way to the track. Still this is not the end, chatting, cold and warm callings and responding to emails is necessary to your business networking but this is not sufficient. In addition it is also very important to not get distracted by seemingly interesting, but not very productive things during your social networking tasks on Facebook, Twitter and LinkedIN.
Not for all businesses, social networking is fruitful. For example if you are a graphic designer specializing in designs for bicycles, then it is time to take a deep breath to break from your computer and go outdoor to meet shop owners. You might be encouraged to run off right at the time you walked through the front door, but that is an opportunity you have to utilize. Probably you can find yourself with a redesigning task.
If it is making you feel that you are spending lots of time on social networking platforms, but still it not satiating you with sales and you are stuck in the same depression where your were few months ago, then it is time to try something new for your business networking. Social networking needs specialized expertise and for that there are several online services available on the internet, Yadig is one of these popular services that can help you how, when, what and where to hit while using the social networking strategy for your business.
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