Understanding the Uses of Facebook for Businesses



Read More: Social Networking

Facebook has become the premier social networking website these days and is being widely used by people all over the globe. The beauty of this platform is that it has benefits for not just personal reasons, but businesses have also enjoyed numerous advantages. It has enabled them to expand their customer base far and wide and double their profits without investing huge sums of money.

Almost every businesses has a Facebook page today and it makes plenty of efforts for increasing Facebook likes as it marks their popularity on the social network. Some even purchase real Facebook likes to make a strong impression. The more likes on a page means the business is getting even more exposure.

Here are some of the ways in which Facebook can prove to be immensely useful for every business in this competitive market:

Communication

Through Facebook you can efficiently and quickly exchange information that was once kept private. This open communication channel is very beneficial for business users, which means customers feel at ease when they are asking questions and they don’t hesitate as they may do on the phone. Furthermore, Facebook offers real-time communication facilities, which can be handy for business owners for providing timely customer service and answering sales question via the page directly.

Networking

This has remained a crucial component for businesses and there are significant resources to be found in the massive social network that is Facebook. Businesses that are seeking exposure only have to use a few keystrokes for quickly updating suppliers, contacts, high-value customers and investors. However, business owners should practice discretion when sharing certain pieces of information as they are also visible to competitors so they should be careful if they don’t want anything to be used against them or becoming public knowledge.

Marketing

There are a number of benefits that small businesses and marketing professionals enjoy through Facebook. As it has a huge customer base, with over 1.15 billion users worldwide, the social network provides a limitless audience to organizations for sharing commercial messages. Moreover, Facebook has also introduced a variety of tools that can be used by businesses for targeting message delivery by using a wide array of demographic information ranging from age, relationship status, geographical location and even sexual preference. There is also a plethora of analytical tools provided by the social network, which can be used for gauging the effectiveness of advertising and adjusting the ads as per requirements.

Research

Just like it is necessary for businesses to keep in mind that publicly posted information can be seen by business owners, the public communication venues offered by Facebook can be used by savvy entrepreneurs for researching offers from different companies. Facebook pages are also used by some firms for posting newsletters and several other updates and this information can be used by business owners for staying abreast of competitor activity. In addition, interesting details are shared by Facebook users about their lives with thousands of friends and acquaintances and this information can be used by businesses for keeping track of popular trends and emerging culture and adapting them to boost sales. 

 

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About the Author: Waqar Hassan

Member Since: 03/09/2014

Company: Burgeoning Technologies

Industry: Technology

Primary Web Site: http://onzinearticles.com

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