Can Your Business Profit From Social Media?

Strength of Social media

Is Social Media Profitable?

For anyone who wonders if social media will turn a profit, only one question needs to be asked. What could be more effective than taking your business message to your target audience directly through social media? Unlike conventional internet marketing you no longer need to wait for your target audience to take notice of your advertisement or your website. Give your target audience something to talk about and the awareness that follows will be unprecedented. If you want to measure your profits from social media then it can be easily be done. It is important to understand the strengths of social media as only then can you truly profit from it.

The utility of social media goes beyond just directing traffic from the social media site to your own. You also have the opportunity to gain an insight into what your target audience thinks and prefers. Social media also provides you a sounding boarding to test product and service ideas. Whether you like or not social media is here to stay and it is affecting the manner in which your audiences view products and services. It is important for you to keep a feel on the pulse of the market and understand the changing attitudes of consumers.

It is crucial to create a brand image and presence in your market as experts find that this affects the manner in which consumers relate to products and brands. The profits raked from social media can be measured in many ways and this is not just from the rate of conversion. To be truly recognized in your industry it is important that target audiences feel your presence on social media sites.

Best Social Media Service

Which social media service would generate maximum traffic?

See results without voting

Comments 12 comments

Gabriella 7 years ago

Social media and branding is the way to go. In todays economic hard times large to small companies have to think out of the box. And Social networking is a great tool. I enjoyed your take on this.

PR: wait... I: wait... L: wait... LD: wait... I: wait...wait... Rank: wait... Traffic: wait... Price: wait... C: wait...

Dotty 7 years ago

What are your favorite social sites and which ones are you using regularly? Why did you choose those ones over others?

Becky Joubert profile image

Becky Joubert 7 years ago from Atlanta, GA

Not only is Social Marketing with Social Media effective, it is also lots of fun! At first, I wasn't sure it would really work the way they said it would. But now, seeing Social Media take the ball and run is proof. This area is changing very rapidly.

Thanks, Becky Joubert

nancydodds1 profile image

nancydodds1 7 years ago from Houston, Texas

Very interesting! Thanks for great hub!

Shefali Nagdev profile image

Shefali Nagdev 7 years ago Author

Hello Gabrieala, Dotty, Becky, Nancydodds

Thanks for reading my hub!

Dotty, My favorite sites are digg, stumble upon and twitter..though am not very active in twitter...but yes I get good traffic from twitter though I'm not regular at it. Digg, stumbleupon, twitter is fun too

Becky,I agree with you..Initially I also thought whether social media will work or not..but when I entered I found its really beneficial..and its lot of fun. I have become social media enthusiast and love participating....time just flies away if you get involved in these sites

Kikolani 7 years ago

I voted blog posting & comments, but I think it also depends which social bookmarking service and how popular your link gets as to which would generate more traffic. Obviously, hitting the front page of Digg would be the best of all worlds, but the front page of Delicious and StumbleUpon generates great traffic as well.

~ Kristi

Shefali Nagdev profile image

Shefali Nagdev 7 years ago Author

Thanks for standing by and reading/particpating in the poll. I agree digg/SU/Delicious gives spike of traffic if it gets popular. But that needs users participation to get it to FP by voting/TU. There are many other sites where the websites are just bookmarked (as public). The purposeĀ  is that these social bookmarking are visible in search engines within a week.

I have been using all these services and i found all these services benefiting in some or the other way. Social bookmarking gives visibility in just 8-10 days in search engines. Blog comments gives backlinks (similar niche), Yahoo/Mahalo Answers have a positive impact on the visitor and are also visible in searh engines if the ques/ans are keyword rich. People really love PPT and Videos, so that also generates quality traffic.

But out of all these Social Bookmarking is most preferred by webmasters/bloggers.

The SEO Doctor 7 years ago

Good stuff!! If you are a Twiiter fan you can check out my twitter tools

Shefali Nagdev profile image

Shefali Nagdev 7 years ago Author

Yea...I like twitter..thanks for the info...will surely go throu' the tools...

waynet profile image

waynet 7 years ago from Hull City United Kingdom

I happen to think that blogging is one of the best ways of generating traffic through the interaction of blog communities and commenting as such on relevant blogs in your niche works very well indeed.

John Paul Hogbin 5 years ago

Very interesting great tips on seo profiting your website.

learning management systems 5 years ago

This is a good social media in a business nowadays.

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