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Friday 19 July 2013

How to Make the Best Use of Social Media for Business Growth?

Every commercial venture or business is started with the motive of profit and maximum beneficial ROIs. But, this is easier said than done, given the highly volatile and dynamic environment that is witnessed in the marketplace. If you aspire to not only compete effectively with your peers but also come out in flying colors in the rat-race, then it goes without saying that you have to think out-of-the-box.
Never mind if you have just started a new business, or you run your organization on a low budget. There are a few techniques that can help you achieve wonderful results within the stipulated time. They are classified into various categories like search engine optimization (SEO), search engine marketing (SEM) and social media optimization (SMO).
The essence of using these methods is that you complement the traditional methods of advertising by using popular and fruitful digital marketing techniques. The advantages of using these state-of-the-art Internet marketing techniques can be listed as follows:
i. High visibility to prospective customers
Through word-of-mouth advertising, the existing customers provide referral service to spread a word or two about your business to their contacts. These contacts are your future prospects.
ii. Suitable especially for small businesses
In contrast to large business groups, the smaller players enjoy the maximum benefits of social media marketing. This method is suitable for self-employed professionals and new-to-the-market entrepreneurs. They can plan and set up an initial-level Internet marketing campaign to make a start.
iii. Effective optimization and cost cutting
Instead of relying on experts for optimization, you can use social media marketing strategies to advertise your business all by yourself to reduce costs. Platforms such as Facebook and Twitter are simple to use.
iv. Seamless expansion of network
In a matter of a few days, you can place your business in a better position by watching out for new customers by the hour.
v. Hassle-free updating of data
You can update information about your achievements like the launch of a new product or expansion of your business line very easily through social media.
vi. Direct contact with customers
You can establish a direct rapport with your clients and make them feel special by adding a personal touch to your business deals. There is an increased scope for interaction and receiving feedback from them. Social media is quite popular among customers.
vii. Creation of a distinct corporate profile
You can create a unique marketing niche for your products/services. Uniqueness in turn leads to high visibility.
viii. Useful tool for diverting traffic to your website
With a visible increase in your reputation and market share, you can expect more visitors to your website to inquire about your products/services in detail.
In a nutshell, social media marketing is the buzzword of the day as far as gaining a winning edge over your nearest competitor is concerned.
YouTube promotions are one of the highly preferred and rewarding tools in social media marketing today. You can achieve the set goals for targeted YouTube views for a certain period based on the location and expected knowledge level of the viewers, the speed of the video while downloading, the popularity of the topic under consideration and many other factors.


Article Source: http://EzineArticles.com/7855438

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