Tuesday, October 28, 2008

Is Social Media Good or Bad For Business?


WebProNews News Feeds
    WebProNews Web
Search Jayde:  
72 Hour Server Blowout! Click Here.

WebProNews Video Blog View All Videos
Last Minute Internet Strategies for the Presidential Campaigns Last Minute Internet Strategies for the Presidential Campaigns
With the election just a couple of weeks away, WebProNews caught up with Eric Frenchman, the Chief Internet Strategist for McCain-Palin to talk about remaining Internet strategies.

Jimmy Wales on Wikipedia, Wikia Search, Googleopoly, Yahoo, and More Jimmy Wales on Wikipedia, Wikia Search, Googleopoly, Yahoo, and More
Since he is no stranger to the Internet world, Jimmy Wales' opinion is held with respect. Being aware of this, WebProNews asked him not...

Recent Videos:

BlogWorld Expo: Doing Business With Advertisers BlogWorld Expo: Doing Business With Advertisers
The most successful bloggers are, by and large, the ones who have learned to get along with advertisers.

Hitwise Research and How It Relates to You Hitwise Research and How It Relates to You
Bill Tancer of Hitwise explains how the recent data from his book is directly related to current issues such as the financial crisis and Presidential election.

BlogWorld: Creating Communities BlogWorld: Creating Communities
A good way to stay interested in blogging - and keep your readers feeling the same way - is to create a sense of community, according...


Linkin Park's Mike Shinoda Talks with WebProNews Linkin Park's Mike Shinoda Talks with WebProNews
You just never know who might show up at BlogWorld! This year it was Mike Shinoda of Linkin Park and Abby Johnson was able...

BlogWorld: Richard Jalichandra's First Year at Technorati BlogWorld: Richard Jalichandra's First Year at Technorati
We met Richard Jalichandra last year at the BlogWorld Expo 2007, just 40 days after he had been named the CEO of Technorati.


Visit the WebProNews Directory
The eBusiness Directory
Blogs, Marketing, Search, Web 2.0...
It's all here, and it's FREE!
» Find Your Resources «

Chris Crum
Is Social Media Good or Bad For Business?
Tuesday, October 28, 2008

Business owners often struggle with the question of whether or not their employees should be using social media in the workplace. There are obvious reasons why they shouldn't, but there are certainly potential benefits as well, and unfortunately not a lot of clarity to the matter. So let's look at this from several different angles.


Editor's Note: Some businesses are slow to adopt social media strategies for a variety of reasons, while others have been implementing social elements for some time. How do you know if your efforts will pay off? Let us know what you think?

Stats

Security company FaceTime Communications has released results from a survey in which it asked over 500 IT managers and employees about their Internet and social media habits at work. The survey revealed that:

- 79% of workers use Facebook, LinkedIn or YouTube at work for business reasons, and of those business reasons, 54% cited professional networking, 52% said research, and 52% said learning about colleagues were what they used them for.

- 82% say they use social media sites for personal reasons

- 51% of workers use social networks at least once a day

- 62% said LinkedIn was their preferred network for business purposes while 55% said they prefer YouTube for personal reasons.

72 Hour Server Blowout! Click Here.

Based on this survey alone, there isn't a whole lot of difference between the amount of people using social media for business reasons and those for personal ones. There is no clear cut answer to the question, "Is social media good for my business?" There are obviously pros and cons.

Pros

Social media is a good way to network with other professionals in any given niche. In fact, there's hardly a better, more cost-effective way to do this. It's literally free not counting your ISP fees and any on-the-clock time used. It can be particularly effective for an entrepreneur who is still trying to make a name for his/her business.

Along with networking comes the second major pro, which is branding. The more you network within communities like Facebook, Twitter, MySpace, YouTube, etc, the more your brand is going to be exposed to others. For the established brand, social networking can help keep that brand fresh in the mind of said communities.

Cons


A decrease in productivity is often noted as a con to using social media in the workplace. As the numbers from the FaceTime survey indicate, this certainly does occur, although the amount of people using social media for business reasons isn't much lower than the number using it for personal reasons. The problem is, there isn't really a tangible way to measure the amount of productivity reached by these efforts. Just like it is hard to measure brand awareness.

Social Media in the Workplace



Comment Now...

About the Author:
Chris Crum is a staff writer for WebProNews and iEntry Network.
WebProNews Front Page
Home Search Deals Legal Blogs Advertising SEO Google MSN Yahoo
2 comments
Continued Growth For Online Advertising
Double-digit gains
Advertising, eMarketer, Forrester Research...
136 comments
Top 10 Frustrations for eBay Sellers
An Extensive Look at the Peeves
eBay, ecommerce...
121 comments
Should You Stop Blogging?
Some Think So.
Social Media, facebook, Wired...
Google Points Voters To The Info They Need
Provides Map and Gadget Tools
Google, Google Gadgets, Elections...
1 comment
YouTube Calls For Help in Youth Violence Fight
Turns to the Community
YouTube, Online Video, Violence...
Jupitermedia President Chris Cardell Resigns
Resignation follows sale of image properties
Chris Cardell, Jupitermedia, Alan Meckler...
6 comments
Catch a Whiff of Google's Latest Gmail Offering
Oh, the Evolution of Communication
Google, Emoticons, Gmail...
Social Media Causing Data Leaks At Work
Majority of workers use social media s
Facebook, Linkedin, YouTube...
Apple Stock Hit Twice By Bloggers
Mainstream attention raises reliability concerns
Financial, Apple, Blogging...
Google Earth For iPhone Introduced
Traditional functions + neat tricks
Google, Google Earth, iphone...
WebProWorld
Tiffany Doughty
Catastrophic Server Failure
Posted By: cpl

The situation:- My server (shared) - which carries a very popular 7 year old website with the best possible google rankings I could have - currently has a major hardware failure and the company's engineers are trying to fix it. (16 hours and counting). It doesn't look good as there is Raid issues too.

» Reply to this Post

Win Government Bids for Your Small Business
Try It Now: Free Trial

Advertising Newsletters Corporate Info Site Map Support
© 2008 WebProNews. An email newsletter.
, Inc. 2549 Richmond Rd. Lexington KY, 40509
All Rights Reserved. Terms under which this service is provided to you. Read our privacy policy. Contact us.
The WebProNews network includes WebProWorld, Jayde and Twellow.

Unsubscribe from WebProNews.
To unsubscribe from WebProNews or any other iEntry publication, simply send an email request to: support@ientry.com

WebProNews.com Top News Blog Talk Insider Reports RSS Feeds Twellow.com RSS Feeds

No comments:

Related Posts Plugin for WordPress, Blogger...

MP3 Clips

Popular Posts