IS Social Media networking good for business ?

Thanks Sujai. It is great to know that you have actual experience and you are speaking from your experience.

http://www.facebook.com/pervarakapadia

Social Media sites if handled well they do bring and build relationships. The problem starts when we abandon the Pages we create. It is not important to have huge quantity of followers - it is important to have quality followers / fans.

The results do not come in fast and overnite. It is time consuming.

social media most certainly helps companies to reach its target audience and perspective customers. it also helps company to converse with large scale audience on one-on-one level. if you're on social media or not..your brand is....and it is being discussed...so choice is yours....whether to be in it....or be left out from it.

YES YES YES!

Google some of the data stats for people using Social Media. Here are some over views that I can provide since I am into Social media Marketing.

1) Best way of Viral Marketing - average facebook user has atleast 100 friends.

2) Time spent on facebook - 4hrs in a day is the estimated average hours spend on facebook

3) Average tweets in a day - atleast 25 tweets by a single person

4) Volume expected n facebook - 350 million users world wide.

5) recent number of users - 100-200 million in eight months.

6) expected - 1 billion forecast by 2013

7) Demographic Targetting - you can target your adds only to the clients you know will be interested.

8) Facebook is Indexed by Google so an added advantage of SEO on your products and services.

9) Cheaper form of advertising with better Returns on Investments

10) Avoiding papers to print brochures, etc - Saving the trees ;-) (this aint in google this is just a personal view.)

Lots more to light upon but only 1 advise, take the advantage while the technology is booming with users and popularity, tomorrow we might have to follow something new.

SMNW  is gaining ascendancy.Definitely,it helps the business.

I support this view.

But again it depends on two key factor:

1) Understanding the social media behaviour of the target audience

2) What are you trying to achieve through social media?

Regards,

Om Deshpande

Social networking is growing at the supersonic speed, every second new members are joining and it provides right opportunity for the growth of the business 

yes , definitely it help.........atleast through networking we introduce to the people of the differtn organization...........mostly get to know the news ,views of the all people..............

Easy way to promote our products.

Without advertisement, you are introduced to people.

Soo Yess it isss   !!!!!

I for one do not think its worth the time spent on the networking in social sites...one tends to get diverted and loose focus.