Should You Be Doing Social Media Marketing?

If you own a business and are not involved with social media marketing, you are missing out on many opportunities. Sites like Facebook, MySpace and Twitter are where the world is hanging out ? that includes your customers! One basic marketing principle that will never change is that you need to be seen where your market is. If they’re on the social sites and you’re not, then they’re not seeing your message, are they?

There are several benefits to doing social media marketing. These benefits include branding, building credibility and supporting existing customers, while reaching new prospects. Let’s discuss those three major benefits in more depth as they are so crucial to your business.

Social media marketing can do wonders for your branding, especially if you’re a new company. Branding means getting people to recognize the name of your company, having a good idea of what it is you offer and knowing something about you. The multitudes of social media sites out there are perfect for getting the word out. Not only can you interact through text with the other people on the site, but you can post photos and videos, too. A picture really is worth a thousand words, right?

Credibility is another benefit for a business doing social media marketing. Part of that credibility comes automatically as you build your brand and name recognition. There are many people who will assume you are credible just because they have heard of you. Another part of that credibility is built on the basis of how you use the social media. If you’re active and interacting directly with customers and prospects, and offering them helpful information, you will gain credibility. Another way to gain credibility with social media is called “borrowed credibility”. This comes from having followers or friends that have a lot of credibility ? a bit of that just naturally rubs off on you.

When it comes to customer support, social media enables you to counter any negative feedback or publicity right away. With the ease of spreading anything online, one complaint can spread like wildfire. If you’re on top of it, however, you can easily respond right away and rectify the situation. You can also tell your side of the story, if the complaint is unfounded. Another thing that is easily done with social media marketing is to be able to poll or survey your customers and/or prospects. Find out exactly what your current customers thing or ask prospects exactly what they need.

This is just the tip of the iceberg when it comes to the massive benefits of social media marketing. In short, yes, you should be doing social media marketing! You can bet your competitors probably are.

Related eBooks

Can You Really Make Money Doing Nothing With Internet Marketing

The short answer is a resounding “NO”! At least not if you are new to marketing online. Not at first. But most everyone dreams of being able to make money doing nothing. And internet markting can be used to eventually make passive residual income. Residual income is income that continues to be generated after the initial effort has been expended. So, if you work hard and do things right in the beginning, you will continue to earn off of this effort, even long after you have moved on to other things.

Success in internet marketing usually comes very slowly. You could go on for years without seeing any return, but if you are consistent and continue to work at it, you will gradually begin to see the money rolling in. And once this happens, you will see the snowball effect take place and eventually you will be able to make money doing nothing!

So what do you need to work at? You need to bring traffic to whatever it is that you are promoting – to your blog or website or to your affiliate product website. The more people you can get to your website, the more sales you will make.

So what are some of the pros and cons of internet marketing?

First of all, if you prefer to have a regular “guaranteed” paycheck where the amount of time you put in equals the amount of money you receive, internet marketing is probably not for you. If you don’t like to study and learn new things, learning internet marketing is probably not for you. If you need someone else to motivate you or manage your activities, internet marketing is not for you.

One of the most obvious pros of internet marketing is that you don’t have a boss telling you what to do. You work for yourself and make all the decisions. Being able to work whenever and wherever you please is a great goal to shoot for.

Your pay is not an hourly wage or salary so there is no limit to how much money you can make. Let’s say for example that you decide to write your own e-book (it may sound diffitult to you now but this is a very attainable goal if you do just a little bit of training). You spend a lot of time on this e-book and then you make money off of the sales for years to come – you just need to make sure that you are driving traffic to the sales page of your e-book.

This is what passive residual income is. . .and it is one of the greatest benefits that internet marketing offers. Putting out or representing a quality product once or twice a year will have a great impact on your income for the months or years, even if you’re not working. Again, that’s how you can make money doing nothing.