social networking: wiifmb (what's in it for my business)?

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Social Networkin g: WIIFMB? (What’s In It For My Business?)

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Post on 17-May-2015

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An overview of how social networking can benefit the business of residential real estate brokerage.

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Page 1: Social Networking: WIIFMB (What's In It For My Business)?

SocialNetworking:

WIIFMB?(What’s In It For My Business?)

Page 2: Social Networking: WIIFMB (What's In It For My Business)?

What is Social Networking?

• One of the many tools in the Web 2.0 toolbox

• Online communities that allow people to connect and collaborate– Share connections

• The largest and fastest growing application in the history of the web

Social Networking: WIIFMB?

Page 3: Social Networking: WIIFMB (What's In It For My Business)?

Why is Social Networking Important?

• Over 500 million people participate• This is where consumers are and where

future consumers will be• Social networking extends the marketing

reach of traditional methods• Low cost method of promotion in a time

when we need to trim expenses

Social Networking: WIIFMB?

Page 4: Social Networking: WIIFMB (What's In It For My Business)?

How is Social Networking Used?

• Many use it for job searches• More use it to connect socially– Sharing videos, photos, status updates

• Millions use it for business– Marketing, prospecting and promoting– But most don’t use it effectively– This is where our associates need assistance

Social Networking: WIIFMB?

Page 5: Social Networking: WIIFMB (What's In It For My Business)?

How is Social Networking Used?

Social Networking: WIIFMB?

• How else can social networking be used in business? – Communication– Hiring– Project collaboration– Knowledge management– Public relations– Product / service R & D

Page 6: Social Networking: WIIFMB (What's In It For My Business)?

Social Networking / Media Sites

Social Networking: WIIFMB?

Page 7: Social Networking: WIIFMB (What's In It For My Business)?

One Example:

• Largest professional SN site– Over 32 million registered users– Average user: age – 42; career tenure – 9 years;

income - $109,000 – All use it for business

• Built for user with 200 connections• Offers groups, Q & A, portal to websites

Social Networking: WIIFMB?

Page 8: Social Networking: WIIFMB (What's In It For My Business)?

The Challenge

• Less than 10% of our associates use social networking or blogging– Most are intimidated or don’t see the relevance– Many don’t know where to start– Many will be left behind if they don’t start soon

• Vast majority of those using these tools are underutilizing them

Social Networking: WIIFMB?

Page 9: Social Networking: WIIFMB (What's In It For My Business)?

The Solution

• REALTORS® need training and guidance– Live and webinar delivery– Lecture and hands-on– Spaced repetition learning modules

• On ALL tools in the Web 2.0 tool box– Blogging, micro-blogging and vlogging– Social networking, tagging and bookmarking

• Companies need social media strategiesSocial Networking: WIIFMB?

Page 10: Social Networking: WIIFMB (What's In It For My Business)?

Thank YouFor Attending!

For more information visit:

www.BradHanksSeminars.com ,

email [email protected] or

call 303.814.3480.

Social Networking: WIIFMB?