6 Social Media/Networking Tools for Businesses

social media swirlMany people use the term “Social Media” to represent the vast array of social networking sites, social media sites, and tools available.  What we’re really talking about is the Social Web.  The Social Web is made up of Social Networking and Social Media.

Social Networking is about sharing the conversation.  Social Media is about sharing content.  Combined they form an effective toolbox to grow you business.

Sharing the Conversation
There are hundreds social networking sites available and you could spend unlimited time trying to determine how to use each.  I’m looking to use social networking in as efficient manner as possible so I focus on two networking sites and one hybrid.

The two sites that I use are LinkedIn and Facebook.  Both allow me to build communities of people, engage and interact with them, and communicate to on an ongoing basis.  The results may include branding but the end goal is always monetization.

LinkedIn
LinkedIn is a natural fit from a membership perspective.  The average household income per member is $109,000, close to 80% have attended college, and 49% are decision makers.  The average LinkedIn member is a great prospect.

LinkedIn is a somewhat closed environment and it takes time and effort to build the right communities and typically most of our communications are indirect in nature.  I want those in my networks to see the messages I deliver over time and to get to know, like, and trust me so that when they have a need for the services I provide, I’m top of mind.

It also doesn’t hurt that you have the ability to prospect and then see how you connect into each opportunity. Continue reading 6 Social Media/Networking Tools for Businesses

Social Networking Stats-Regular Users Vs. Total Members

A lot gets written up in press releases, blog posts, Tweets, and other communications about the number of members on the various sites.   There’s a huge difference though between the number of users each site has and the number of users who are consistently interacting with others.

I recently came across some statistics that I’m going to share.   These statistics were revealed in a study by Anderson Analytics and you can view the report by clicking on the company name.   The study estimates that there are 110 million people who regularly use Social Networking Sites (SNS).

On average, users of SNS sites login to the sites 5 days a week, 4 times a day and spend about 1 hour on SNS each day.   While not explicitly stated this is what I would assume that they consider a regular user. So here are the top sites with the number of users and the number of regular users in parentheses.