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Social Networking and Home business - by Jim Swank

Social networking is a big buzz phrase nowadays. It is nothing more than finding new ways to distribute and share what you think about companies, their products, people and anything else using the Internet as the medium.  social networking is an amazing and fun way to build your business by establishing relationships and communicating with people around the world.

Networking

The usefulness of social networking sites is (and should be) measured in how useful they are in solving some of real life's "connecting" problems.  Networking is a skill, and some people do not understand that.  Networking is one of the best strategies for finding a new or better job.  It is what you do when you're doing office politics well.  The international market for social networking appears to be at least twice as large and growing faster than that of the US, and as Facebook rolls out foreign versions, the ad revenue generated could make the investment seem like a steal within the next few years, regardless of the equity value of Microsoft’s 1.  If social networking sites are a way to bring the masses together, advertisers are begging for a way to prune those masses into smaller, easier targets.  Networking is about adding value to peoples' lives.

Facebook

Facebook is increasingly being used by school administrations and law enforcement agencies as a source of evidence against student users.  Facebook can also be seen as a form of procrastination for younger people, and is now officially a valid excuse for not doing your homework.  Facebook does a good job of re-inventing myspace with good dress sense, but looks set to suffer from another problem; that of Application Abuse.  Facebook reached its high-water mark with the Microsoft investment and is now in decline.

Blog

Blogs, chats, social networking sites are replacing parties and get-togethers to create a forum where the number of people participating grows exponentially.  You want people to know about your blogs, right.  Blogging is a powerful tool that can become useless if it isn't kept relatively fresh.  Make yourself a regular at various blogs and forums.  Blogging is quirky and individual and done well is highly creative.

Business

Social networking began to flourish as a component of business internet strategy at around March 2005 when Yahoo launched Yahoo.  Business Week said "this is the biggest change to business.  Sure, business networking is valuable, and it's great to have a lot of resources who might know someone who can help you with.  Social networks connect people at low cost; this can be beneficial for entrepreneurs and small businesses looking to expand their contact base.  Social networks operate under an autonomous business model, in which a social network's members serve dual roles as both the suppliers and the consumers of content.  Business executives also have turned to online forums, email lists and message boards to sound off on information related to their industries.  Since businesses operate globally, social networks can make it easier to keep in touch with contacts around the world.

Myspace

MySpace is both a Blog platform AND a social Network.  MySpace and Facebook also allow companies to target advertising based on their members' interests and habits, but their efforts have drawn criticism from users concerned about those companies' use of private information.  MySpace is starting to generate ad revenue for its parent company News Corp.  MySpace…Friendster…Facebook…Classmates…Youtube…LinkedIn…MyFamily…no matter where you look, Social Networking is becoming a headliner for Web 2.  MySpace dominates According to a recent study issued by market research firm Telephia, MySpace is the most popular mobile social networking site among U.  MySpace has specialists that will work with you, or your online agency, to create custom campaigns within targeted sections of the environment.  MySpace members customize their own page, integrate interactive elements (images, video, music, polls, blogs, forums, etc…), and invite “friends” to join them.

Google

Google was very successful because its the first search engine that introduced the number of web site linking to each web site to rank them.  Google's role as the starting point of the many users' Web experience gave rise to what The Search author John Battelle calls "the database of intentions": people express themselves directly to Google, which can then match up a limitless supply of information to satisfy any need, from a word definition to a retailer selling cashmere sweaters.  Google wants to create an easy way for developers to create an application that works on all social networks.  Google stock may be doubled or tripled in future but it will all be due to its core Search.  Google is setting the groundwork to create a social network version of Adsense that utilizes the profile data and actions from publisher’s sites.

Marketing

For ages, we in customer management have discussed a very strong marketing tool called "word of mouth.  Marketing on social networks is a fast-growing part of the booming online advertising business, and within that, niche interest sites' share is small.  The ability to connect with other kindle users is a brilliant marketing and business tool.  When the site has a good number of visitors it can turn out to be an excellent way for marketing online with social networking.  You are missing out on a lot of potential customers if you are not marketing your business online via social networking.  Just a link on the social networking site is not enough, you have to present a reason, a benefit, why a reader should visit your affiliate marketing site or blog.

Social networking is a big buzz phrase nowadays.  It isn’t a site anymore, it’s a part of a generational habit related to how people want to interact with their media.  Social networking is nothing more than finding new ways to distribute and share what you think about companies, their products, people and anything else using the Internet as the medium.  Social networking is an amazing and fun way to build your business by establishing relationships and communicating with people around the world.  Social networking is no doubt here to say.

 



 Jim Swank has been a active writer on subjects involving business on the internet. He has also been a active marketer building a successful business over the past 10 years.  For more information on Social Networking and internet business, go to his site at: http://www.MultiAffiliateIncomes.com .

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