It's A New World and Social Media is Here to Stay.

At iQuarius Media, we speak and interact with company owners, as well as marketing and advertising professionals, on a daily basis about things such as social media, web marketing, online video marketing, email marketing, and even text message marketing. It’s an exciting field to be involved in. Without exception, every business owner wants to solve the same dilemma: how do I get the absolute most bang for the buck out of my advertising and marketing budget? It’s a tight economy today and maximizing resources is an important component of business if one wants to attain — and maintain — success in the marketplace.

Cue internet marketing and social media.

Where else does one tap a potential client base as large as the Internet for pennies on the dollar? Nowhere. If you’re not taking advantage of this precious opportunity to advance the growth of your business, you may want to move into the right lane because passing is in the left lane. If you’re not utilizing this cost-effective means of promoting your business and/or website, you risk losing your loyal clients, as well as a vast well of potential clients, to those entrepreneurs who have the foresight to understand that social media is not just a trend. Social media is a new way of life.

Before you get started…

Once a business owner has decided to make use of the social media platform to help their respective business progress, there are a few things they should keep in mind.

  1. Definitely do some research and ask some questions about the company you are considering hiring. Hire a reputable and well liked company that has some experience and tact. The company you decide on could make you or break you.
  2. Make certain to negotiate a contract before venturing into business together, so that both you and your social media company are legally protected.

Those are the basics. Now we  can move on to the main purpose of this article: to accentuate the benefits of having a social media presence to make your business more effective and far-reaching.

Social Media is global.

Building a social media campaign is THE most cost-effective method of online advertising and promoting. Think about it: Facebook, LinkedIn, YouTube, and Twitter are free. In addition, there are literally hundreds of other less popular websites that can help your business get the exposure it deserves.

All of these networks have a reach that spans the globe. Why not attempt to reach out to this global market? A perfect example of this is Twitter, where one can log in at any time of the day or night and see real-time tweets from Japan, England, France, and India, to name a few.

Social Media is the new momentum.

Social media enables you to join groups of people with the same interests and goals. On LinkedIn and Facebook, one can join groups on yachting or interior design or web design. The possibilities are limitless. Think limitless when you think of all of the potential clients out there in this massive world of ours. The ability to have direct contact with people who have the same interests and hopes and dreams as yours is amazing. So get on board the greatest momentum shift to happen in eons. You have no excuse not to.

Millionaires Prefer Facebook

A new study shows that 46% of online users with investable assets of $1 million or more are members of Facebook, up from 26% a year ago. The survey, by Spectrem Group, showed that millionaire’s use of Twitter has declined, from 5% to 3%.

They also remained fairly cool to LinkedIn. Only 19% of millionaires used LinkedIn – unchanged from a year ago.

Plenty of earlier studies have shown that more than half of millionaires are on Facebook – even if they rarely have time to actually use it. But the Twitter and LinkedIn numbers are somewhat surprising, given that both would seem to appeal to a more business-minded, time-pressed elite.

Apparently not.  One reason may be that Twitter is a more open network, which makes it more difficult for control-freak millionaires to manage who follows them. On Facebook, you can more easily manage access to information.

Another is that Twitter is largely a broadcast tool, while Facebook is more of a network builder. The rich value personal networks more than online megaphones.

But age also plays a role. According to the study, among those with $5 million or more in investable assets, the boomers are slightly more likely to use Facebook than the youngest investors — 56% vs. 50%, respectively. (Warren Buffett is an exception, of course).  Twitter was generally more popular with the younger-millionaire crowd.

They also are split on where they get their financial news. Millionaires younger than 55 years old are at least twice as likely as those ages 55-64 to get their information from social media than from traditional media outlets.

Thankfully, blogs remain popular among all millionaires. Nearly one-third of investors worth $5 million or more say they either read or would read blogs by trusted financial advisers.

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