Saturday, January 31, 2009

Social Network Marketing & Why Your Business Depends On It

by Kristi Ambrose

If you have a website or a business online, chances are you already know that Social Networking sites like Myspace, Facebook, Twitter and Moli are fantastic tactics in order to market and promote your business(es).

If you are new to the Internet you might need a few tips, however, on how something like this works and most importantly why something like this works. That's where this article comes into play! One of the most important things you need to remember about marketing is that just because your spending a truck load of money, doesn't necessarily mean you're going to make a truck load of money.

In some case's quality websites that have free membership options like Facebook and Myspace can really allow you to create a great selling point without spending too much money. The main part of a business is your advertising margins versus profit margins.

And you never want to spend more money advertising than you are making back. This is called profit loss and it's how a lot of businesses get lost on the road to going out of business or worse; bankruptcy. It's a good idea to strategize your marketing plan beforehand.

Of course you can try little things out here and there like PPC for example but, I really wouldn't put all your eggs in one basket! It's a good idea to also spread your "money" out to a few different tactical campaigns but also make sure you are keeping track of where your money is going and if you are flipping or flopping as far as profits go. With Social Network marketing you have two different options. You can use something like Myspace PPC (which most people haven't had luck at) or you can use the free option.

Places such as FaceBook and Myspace have some really awesome facets of their websites which will give you the business person more of a global outreach than ever imagined. Besides your actual profile you also have comments, PMs, groups, classifieds, bulletins, chat rooms and so much more. Even on something like FaceBook you can actually "develop" an application and integrate your business idea into it.

For example, a few weeks ago this guy I met was an affiliate of a poker website so he decided to try the application idea which allowed him to incorporate his business and business idea into the application. This got people interested and "hooked" into what he was marketing, which in turn made people want to go to the website and find out more!

This is what you want! The "reach" that I was speaking about before has to do with all the people that belong to these websites and the Internet Marketing options available to you. These people come from all walks of life, all ages, all ethnic groups, and they all are on these sites for different reasons. But just like you, their reason also has to do with "networking" with other members.

If you have even a hundred "friends" on a site like Myspace I can absolutely guarantee that each one does something different, is looking for something different, and are from different places across the world. This is what I love about Internet marketing, even though we are in a financial bind right now with our country, a lot of other countries aren't having any effects whatsoever.

This allows for you the business person to reach out to these countries and these people which could very well result in a lot of money making opportunities! Even if you gave the Social Networking option a try for a few months, I have no doubt that you would see a leap in profits.

In a world such as this any profit is a good profit. But a profit that is efficiently maintained through use of Social Network marketing could just be the golden op you have always been looking for! This is something easy to do that anyone can accomplish. Mistakes are meant to be made as long as you learn from them then it was all worth it. Try asking some of your marketing buddies about the ads or "scripts" you are posting this also gives you a good idea of where you are going wrong or right and don't be afraid to be critiqued.

I don't know about you but, I would rather have personal friends critique me and make more money than for them to spare my feelings and live mediocre! Live the life you were meant to live, try out Social Network marketing the next time you need to try a new marketing option.

About the Author

This author is a HUGE fan of internet marketing

Article Source: Content for Reprint

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