Definitely, it's cheaper to use online social networking for both personal and business use because most of it is usually free. While personal use is rather simple for anyone, the business functions are underestimated by many. In a social networking site, you can scout out potential customers and target markets with just a few clicks and keystrokes, adding a boost to your usual advertisements and promotional strategies. It lets you learn about their likes and dislikes, which is tremendous. If you want to fine tune your business, then this is the way to go, whether on a budget or not.
It depends on the topic or niche your focusing on. Some don't require alot of SEO work so it might be good to set a budget so you don't spend to much on the site that doesn't need it. If that is wrong though please correct me.
I agree with your statements. But a user must be careful on how he promotes his business through social networking. There's a fine line separating business promotion and spamming.
agree with buzznebo. social networking is a long term strategy and is able to deliver continuous results is approached in the right way. you need to be active and provide useful contributions in your niche. this will help gain awareness for your brand naturally
As long as you have a decent reputation behind your site and you are consistent it shouldn't be flagged as spam. I agree with MY though, social networking is a long term process with patients and relationships to drive interest and in the end result promotion of you topic or niche site.
Yes, u r right. But it takes a lot more time and until any proper strategy u won't get the reward of time u spend on social networking. Moreover u have to target proper people. Be careful in revealing more about your business while being personal with any of the customer.
It seems that Smo work is very easy but in getting a single like their is a effort for getting it. You can say that it costs low.
I agree with your comments. Social media is great for connecting with people and hopefully leading them to your blog or portal for sales.
One has to be very careful while promoting business in any social networking sites. The right strategy will definitely give boost to any business or services.
Social Network seems to be one of the best platform to market the product as nowadays Networking website such as Facebook receives millions of hit each day. Infact the end users revolve around such platforms to make most out of it. Though it is considered as a cost effective way of marketing but strategy plays a huge role in promotion of any business unit in such platforms.