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Seven Ways Social Media Can Grow Your Business

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  • 1. Business Development & Revenue Generation

  • 2. Customer Service & Customer Insight

  • 3. Brand Communication & Brand Awareness

  • 4. Market Research

  • 5. Competitive Research

  • 6. HR / Candidate Search & Research

  • 7. Internal Corporate Collaboration & Innovation

Conduct Powerful Market Research With Social Media

By leveraging to social connectivity and collaborative nature of Social Media, companies can quickly and easily conduct market research.  Twitter, Facebook, LinkedIn and other Social Media sites facilitate a broad reach which can be tapped into for polls, blogs, forums, comments, product reviews, informal feedback, etc. 

One of Twitter's most powerful features in the search functionality. Searching Twitter, you can find posts about virtually any topic which will connect you to additional information, sites, blogs, etc.  In addition, the community posting about that topic may be perfect people to make connections with and begin building a relationship.

Much of what Social Media is about is asking questions and helping people. To that end, you can use Twitter or LinkedIn Answers, Yahoo Answers or many others to post questions to guage feedback.  Through LinkedIn's unlimited number of groups you can target your questions to users in a specific area of interest to get more focused feedback.

You can use many Social Media sites to "listen" for any mentions about your company, product, service, industry, etc. In addition, Social Media monitoring companies and product offerings have exploaded in number and popularity to aid companies in monitoring the quickly changing and growing Social Media landscape. All of this information and data can be analyzed for valuable market research.  You can find a list of Social Media monitoring providers on the Social Media Brand Communications page.

Contact us today to schedule a free consultation to discuss how Social Media and blog marketing can deliver value for your business!

Social Media Resources

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