Online Social Network Marketing – The 21st Century Version of Word Of Mouth Advertising

Wed, Nov 18, 2009

Online Marketing, Social Networking

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Online Social Network Marketing is the newest way to reach not only to the internet generation, but also the casual user.  With the invention of the World Wide Web, the landscape of marketing has changed drastically.  Over the next few years virtually all businesses, and even a great amount of private people, will create their own website.  Low overhead costs and the potential to reach a great many potential clients will lead to an oversaturation of websites.

One can pay companies big dollars in order to show up more prominently on a search engine.  However, with the amount of inferior businesses popping up all over the internet, users are wary of such paid advertisements.  Other than the recurring costs involved, it is simply a far too difficult prospect to try and constantly keep your website at the top of a search engine’s list.  A more effective method for using the internet to promote your business is online social network marketing.

Online social network marketing capitalizes on the success of sites such as:

1. Facebook

2. Twitter

3. Various blogging websites

Social networking websites allow users to follow someone’s activity via updates.  Updates can be what they are working on at the current moment or an informative article.  Anyone in the user’s social network instantly receives an alert.  These alerts can be seen on the website itself, by e-mail, or via text message.   For businesses these alerts can serve many purposes.  First, it keeps the businesses name at the forefront of the audience’s mind.  Second, it can alert the user of any new products, services, or changes to the company.  It also allows the company to tailor specific marketing campaigns towards specific audiences.  A major upside of this kind of marketing is that it can all be done instantly and without any significant cost.

Beyond the aforementioned benefits, the biggest reward for using online social network marketing is the ability to reach more potential customers than could ever be done with one website alone.  Your social network includes a group of followers, including friends, colleagues, or even someone that found your profile by chance.  As all of your followers have their own unique group of followers, this automatically links you up to their network, extending your business further and further.  We all know that word of mouth is the best kind of advertising as referrals hold more weight than any other advertising tactic.  By translating this model to the internet, this expansion can happen, literally, overnight.  Using little to no money, a business can grow by leaps and bounds.

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6 Responses to “Online Social Network Marketing – The 21st Century Version of Word Of Mouth Advertising”

  1. Gary Simpson, Jr. Says:

    I am quickly learning the need to understand and implement the use of
    social media tools that are now available. I am always looking for
    those that have more experiance and knowledge than myself to help me
    learn and grow as an internet marketer. My goal is to share, learn, and
    grow to create 100 Millionaires in my lifetime.

    Gary

  2. Fuentes Says:

    Interesting article, thanks for posting

  3. jean Says:

    this is a great post Liam.

    there are so many different tools we can use for Social Media,
    and it doesn’t have to cost a lot of money. and most are free.

    have a great Christmas with everyone you love.

    cheers
    Jean

  4. liam Says:

    Thanks Jean.

    I couldn’t agree with you more…..there are numerous avenues to explore with social media for online businesses.

    Happy New Year to you and your family.

    Best Wishes,
    Liam

  5. maps4pets Says:

    Social Media has had a positive effect on our networking within the pet industry and promoting our pet charity affiliation programme worldwide.

    Julia

    http://www.maps4pets.com

  6. liam Says:

    Julia,

    Thanks for your comment.

    Pleased to hear that using social media has had a positive effect on your business. Long may it continue.

    Best Of Luck,

    Liam


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