Companies using Social Networking to Boost Sales

February 19th, 2009 by Betsy Brottlund

Using social networking as a form of social media marketing is the new fad. Social networking refers to a multi-media social structure which essentially facilitates communication between groups, individuals, and organizations. The most commonly recognized social networking web sites include Facebook, LinkedIn, and MySpace. However, there are several more social networking web sites available. In addition to social networking sites, there are other ways to accomplish social media marketing through blogging, instant messaging, widgets, and more.

Companie use social networking to gain credibility, foster employee relationships, build a forum for communication with customers, and in most cases, boost sales. Company recruiters are even going to sites like LinkedIn to get access to the almost 25 million resumés posted.

If you are going to jump on the social networking bandwagon, make sure you have a strategy in place for your business or work with an online marketing agency before you spend the time creating a Facebook or MySpace page. Let’s take a look at some of the companies using social networking and which tools they are utilizing.

If you are a small business and looking for an online marketing agency to help with your social networking campaign, visit Resource Nation’s vendor center for online marketers.

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3 Responses to “Companies using Social Networking to Boost Sales”

  1. Chris Says:

    “If you are going to jump on the social networking bandwagon, make sure you have a strategy in place for your business”

    I agree, don’t forget about small business too. We’re unique in that we specifically facilitate referral networking which is the lifeline for the majority of small businesses. I’ve subscribed to your blog. We have a very popular blog over at Referral Key. Stop by and maybe send us a guest submission someday!

    best,
    Chris O.
    Referral Key
    Chief Blog Director
    http://www.referralkey.com/small-business-blog/

  2. Khanchana Says:

    Betsy ,

    The long list of organisations from various industry segments adopting SocNets just goes to prove the immense potential this medium has created. FMCGs may need to use the forums and networks for sales and marketing whereas B2B or High involvement product manufacturers/sellers like Microsoft , IBM , HP etc would need to look at collaboratively developing their products and solutions with their customers- what you call customer co-creation these days .
    Thanks for the informative post !
    Best regards,
    Khanchana
    Senior Consultant
    Infosys Technologies

  3. Sajal Gupta Says:

    Besty,

    Thanks for your very informative post,, I might be splitting hairs

    While social media is a great marketing tool by building connect with
    your customer / employee/ fab groups no debate.

    Do not know how about it as a sales booster, should we position the
    media in that light, what say

    Sajal

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