Social Marketing is defined as method of driving traffic (potential clients or customers) through the use of networks or outlets. Social Media (Facebook, Twitter etc) is an important tool that can help generate web visitors and eventually convert these visitors into customers and long-term revenue.
Network marketing, sometimes referred to as MLM, is a method of marketing that utilizes independent associates or representatives in order to reach potential clients or customers. MLM marketing can be done through offline or online means. Most independent marketing associates or representatives choose to build their business through offline means. This form of contact usually entails contacting their friends, family or other acquaintances by reaching out to them with a personal conversation or telephone call. The online pathway of Network marketing is often ignored by most marketers. It’s important to note that utilizing Social Medium and marketing through online means can be a very profitable venture for marketers.
Consisting of using Social Media networks to convert web visitors into clients or customers, Social Media can be a driving force in maintaining or providing interest. For MLM marketers, the key goal is to branch out. Network marketing is based on helping and meeting other individuals, which is closely aligned to the goals of many of the major social networks. A marketer that can utilize social networks to further grow their business can reap serious profits. A successful Social Networking marketing plan is crucial for long-term development of any MLM marketing business.
Social marketing techniques have become increasingly important in businesses today. Social Media has become a new frontier that is being utilized to create and maintain interests in products and services. Big name companies and businesses are already following the trend by joining many of the major social networks. MLM marketers need to jump into the Social Network fray. Rather than utilizing only offline means, marketers should also consider online marketing techniques.
The biggest problem of Social Networks for network marketers is management. There are a variety of Social Media networks, each with their own flavor and audience markets. It sometimes become difficult to focus on each social networking account. This can be solved by using tools that can help network marketers manage a variety of accounts. Social Media has become an important platform to meet other individuals that share the same interests. Individuals who are currently ignoring social networking will eventually venture onto a social network in the future.
It is emphasized and strongly encouraged that all network marketers create a Social Media marketing plan now, rather than later.
Many of the products and services that are offered for Network marketing are from brand name companies. Utilizing Social Media is a great way to spread a business, as well as find new recruits, it’s also a useful tool that can greatly expand any network marketer’s business growth. MLM is based on the idea of expanding your network of representatives. Being able to connect with and grow relationships with individuals and creating interest in your business are two of the most important benefits of utilizing Social Networks.
MLM marketing was created by reputable companies looking to market their product and services through friends and families. Likewise, social networks exist to connect friends and families. A network marketer can be very successful in combining these two fields. Current network marketers use social networks to spread interest regarding their products and services, as well as to find newer recruits.
Social media has been a huge source of lead generation for 500naira Earners because it is used as a tool for our business, consistently. When 500naira Earners started, things weren’t really going as planned So we quickly realized that we had to build a network–FAST! The quickest way! Via social media and networking. Over the past 5 years we rose to the #1 spot in Networking Business in Nigeria, and now have a network that grows exponentially by the day. I now earn a 7-figure annual residual income that grows by the day.
In the end, Social Media can only play a beneficial role in expanding an independent business.