Social Networking in the Marketplace

Posted on : 05-11-2009 | By : Atkins Reed | In : Family and Home

Ever hear the phrase “go back to the basics” when all else fails? One marketing concept that has been around for years is “networking”. With the Internet it is becoming more popular all the time. Some of the latest networking we have seen has been via the Internet. ActiveRain, LinkedIn, MySpace, Facebook are just some of the more popular networking sites. With technology however, the face to face networking has been less convenient but it is still very important in today’s society. It is a grand opportunity to obtain customers, business opportunities and share ideas and the like.

Organized networking groups are everywhere. The Chamber of Commerce, Toastmasters, Business and Networking International, just to name a few, can be found in most major markets throughout the world. With a little homework and minimal cost, you can join one or more groups in your local market and experience the potential of untapped prospects.

Do some research to see if any of these networking groups are of interest to you. One option might be to start your own networking group. Invite likeminded professionals to meet once or twice a month to share ideas and exchange knowledge. This will always give you more control on how many people you want in the group and the different types of business professionals you want to attend.

As business entrepreneurs, we want more prospects, clients, customers and the like. With the same goals in mind, we can share ideas and meet new and exciting people. Business success always begins with getting in front of people, communicating and sharing our knowledge.

When attending a networking meeting, be sure you have twice as many business cards as there are attendees. Each participant should receive two cards from you. One for themselves and one to give someone they may know.

Networking groups will usually start off by allowing you to give a two minute spiel about yourself, your company and what you have to offer to the group. Don’t be shy and be prepared. If you need to practice your two minute speech, then by all means do so. You will be given front stage and you want to project the best impression you can.

When joining or starting a networking group, evaluate the variety of professions attending. If there are only 10 people in the group, are they all real estate professionals? If there are a mixture of real estate professionals, Insurance Broker, Doctors and Contractors, which one would be a bigger plus to enhancing your business objectives? These questions are important so consider them carefully.

Especially in today’s economy, face to face networking is very inexpensive. The success and knowledge you will be able to gain in a short amount of your time will be priceless. You will hear other success stories, meet new people, make a few friends and will be able to interact with one another to achieve your common goals.

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